To The Moon

Can this bull run continue? This question Bemuses me.

So I share two pics below, and will put my emotional investor perspective on it. First up, I started my investment journey on the stock market in 1987, at 17 years old. Fun fact, not a good year for the stock market or my initial foray investing in it. Back then, no cell phones, no internet, no pcs really. You had to buy a newspaper To keep track of stock prices. Brokerage fees started at around $100, so it was not a reality to buy $1 of stock, cause it would cost you $100. But I digress. Very different now. 

I have invested the the stock market on and off since 1987, and learned a great deal. Made more money in the property market and running my own businesses to be fair, and then lost it all due to circumstances beyond my control. All a learning curve though. 

A year and a half ago I was at a crossroad. 11 years til retirement, no real savings and recovering from a serious head injury. What to do?

Well I could not work, and was made redundant. But hmmm redundancy payment, sale of some assets I didn't need and I had $ten k. So my short term brain was kinda fried, but my long term memory was fine. And for some crazy reason I was able to learn new stuff fast. 

So I started investing in the stock market Again. And very quickly concluded that most talk utter nonsense and have no clue. Can the bull run continue is today's topic. Well the first pick below shows you so far this year, for me at least, 20k down in feb/march this year. 10k up this month so far. I don't think this comment holds validity. Too many don't think sadly. 

I put 10k in, drew it out when I was up to 50k. Have taken out another 30k since then, and my portfolio is today still worth around 40k. Second pic below explains that. Over 2000% annualized returns.

Conventional wisdom would have me believing that I should play it safe, invest in safe assets. So I can hmm retire on what? The 10k, that will only be worth 8k or less when I retire. 

Their is no bull run, total nonsense. Conventional "wisdom" is rubbish. If you want to do well investing in anything, you need to leverage your knowledge capital. And surround yourself with others that do the same.

I have degrees and grad degrees and a masters degree in business, and business psychology. and a post grad degree in finance. Plus  40 odd years of real world business experience.

Apologies to who ever set this topic up, but it drove me to respond In kind. Ask stupid questions get stupid answers. 

Question, why did Warren Buffett never have an office on Wall Street? Keep that narrative up and you are a sheep. If you want to make real money don't follow. 

so in tiger I have close to 40k invested, retirement about 44k and other brokerage close to 4k. So I'm not worth much. But I will get to 100k around then end of this year, that's a huge milestone. In the next five years I'll turn that into $1 mil, and 10 mil by the time I retire five years later. But as my first pic illustrates, the more you have the more you need to comprehend the exponential losses that can be experienced in a month or two. 

If you invest based on the short term, I wish you luck. When discuss investing in stocks with bunnies, they normally say it's just gambling. sadly that's true for most, because they don't spend any time investing their time to understand the companies they invest in. 

I do. So it's not a gamble, it's called being an intelligent investor. Here ends my ramblings, for today at least@MojoStellar @TigerTrade @TigerWire