[2020] A little stock market sense

[Brett]

Here is another simple way to describe what I do which I am sure will give the elite know it all snobs a good laugh. Instead of a pizza pie, imagine I have a round reservoir. The reservoir is full and leaking over.

But at the bottom I have weak spots. So I take some of that water leaking over to create cement which is my commission free trades and fractional trading to patch up the bottom and have the reservoir smooth all the way around so it can survive a storm.

But they will have a good laugh because this is too simple for them to understand. But during a 2-year bear market, I have the last laugh. Not only me but my friends who were told I do not know what I was doing when I share pictures with them showing I am still standing while my critics are on their knees crying.

pizza slices, reservoirs, cement smoothing, water leaking ....... thx for the "crying" laughs
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60/40 portfolio: Steady as it goes
https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/global-60-40-portfolio-steady-as-it-goes.html

 

[RENTER]

Another concept I use that I am sure will make my critics laugh. Using what happened on July 3rd,1863 at the Angle. Otherwise known as the High-Water Mark of the Confederacy. It has been said that the results that day, saved the nation. The key word in that battle was reserves.

Pickett's troops made it across the field and broke the union lines at the Angle. The union was in retreat. But the support that Pickett's troops were promised never developed. However, union reserves led by the 72nd Fire Zouaves plugged the holes and saved the union.

I relate this to the stock market. When there is a bear market, it is a great buying opportunity. But if it is a bear market that means the economy is in bad shape and people are on pins and needles and have no reserves or are too scared to buy. With my system, I can survive a bear market and have the reserves to buy and plug the holes.

I think it is safe to assume that many of those laid off Southwest employees who invest are on pins and needles hoping that last week was taking off profits and not the start of a correction or a bear market.

Hell I think it is safe to assume the same of those Federal employees who invest losing the job that they thought they had for a lifetime.

Have a good laugh.

 

[easyrider]

I just saw that some big name billionaires are selling off huge amounts.

Bill