That’s the new up 10% for EV stocks in 2022 😀Down 37% on the year.
^^^^^ Someone isn't being patient! :)It’s a slow crawl upward. Going to be difficult to get back into the 3,500’s. It is going sideway but these upward move are huge and the downward move smaller. It’s forcing me to buy more into the market but I’m more comfortable with the stocks that I picked. Maybe just impatient.
What’s strange is Prof Siegel said the market was 20% undervalued a couple of days ago but the market is only about 25% from the highs. That doesn’t make sense.
+1Looks like 3q earnings, just like 2q are not going to be the disaster some feared.
And i talked about it a couple weeks ago, and just alluded to it in a recent post. With unemployment this low, and with individual pay up, that is just not a recipe for a bad across the board earnings season.
Which is not to say this has been a great earnings season, its merely meh, but meh should keep the market from sinking to new lows.
Please forward this to the Fed. Thanks! :)ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Same boat hereI got in two ETF's that have to do EV. IDRV down 38% YTD and HAIL down 45% YTD oof. Holding any hoping for a rebound now
I mean yeah Tsla and just about everyone has taken a beating this year. Today’s move is not significant in the scheme of things.Down 37% on the year.
That is why Buffett says over time low cost index funds will outperform most other managed stock fundsPretty sizeable one day move by my definition and down considerably more than the overall market in 2022. We are all exposed thru our mutual funds. And now down 5% which is significant. Investing is not so easy, right?
So they are raising rates while buying bonds to keep yields down? Wow that's dumb. Truss might not make it until the end of the year.
That is why Buffett says over time low cost index funds will outperform most other managed stock funds
I believe Bogle said the same
In general, managed funds perform better (or can) in bear or sideways markets, but it is tough for them to outperform indexes when everything is going up.That is why Buffett says over time low cost index funds will outperform most other managed stock funds
I believe Bogle said the same
WTF? I haven't been paying too much attention. How did she screw up so badly and so quickly? Wow.Nailed it! Truss has resigned.
It only took a month for the globalist to oust Truss and put themselves back in charge.
WTF? I haven't been paying too much attention. How did she screw up so badly and so quickly? Wow.
She ousted herselfNailed it! Truss has resigned.
It only took a month for the globalist to oust Truss and put themselves back in charge.
Just read.....sounds like it was a simple say something during the campaign, get in office and then do something completely different. LOL!She ousted herself
WTF? I haven't been paying too much attention. How did she screw up so badly and so quickly? Wow.
take it in a heartbeat. No State Tax.+1
If it was $100k, we would have maxed it out in 2021 and 2022.
I am another 5% guy playing it VERY conservative and I think a key plank for why I was able to retire at 55. Over budget expenses, under project returns, live on a very tight personal budget and find value. Pick up the coins laying on the ground (like a 9+ % rate even on just $20k/yr ..couple).So my 8% was not conservative
It would be interesting to know what other people are setting as their objective for average returns
Are you saying you can buy another $10k per above even if you both already have the $10k as a married couple?Reports indicate Treasury Direct has fixed the I-Bond gift "glitch" this morning, now allowing individuals who have already reached their $10k annual purchase limits to now purchase additional I-Bonds and gift them to others including spouses. I'll try it out this evening.
Update: successfully purchased the $10k gift just moments ago (1:30 pm). So TD is functioning properly now re: I-Bond gifting.
just wait till energy pops for home heating...Made the mistake of getting takeout from our local diner while kitchen is being worked on. Turns out they levied a menuwide 23% hike in prices this past month. Another place we are writing off, what a waste.
Got an oil change this week and it was 20% higher than April, same place. If they think people are going to put up with 2-4% annual increases on top of this they’ll run themselves out of business. Who wants to pay 20 bucks for a panini.
Shoprite still increasing prices monthly. This not so slow creep is going to erode consumer spending, which is while its far too soon to celebrate inflation supposedly leveling out.
I also think the movements in the polls showing a more solid belief in (at least) Split Congress which adds stability...(non-political 2 cents).Why the stock market going up big the last two days when inflation numbers are going higher?
This is way Europe Food Markets are very Store Brand centric. Why the Adli's and LIDLs of the world are making in-roads to US Market. This environment will only make it worse for the Brands that lack fantastic core loyalty.It’s only my wife and I now but we basically have mitigated the increase in food prices because I convinced my wife to try the store brand on a lot of the stuff we buy. She has been happy with the quality.
We also buy a lot based on sales.
If we want something we buy it but small changes have kept our food bill pretty stable
I'm not a financial advisor just a guy with an Eco Degree from RC. But it's MY $ so I take care of most of it. Some in a 401K (I manage), Some in a "play" account (stocks I buy and sell), and a fair chunk in an account I pay 1.3% to have managed.That is why Buffett says over time low cost index funds will outperform most other managed stock funds
I believe Bogle said the same
mine is exactly the opposite. It's goal (that they have met for several years) is to beat the market 2x. Its been exciting to see that growth. Problem is as I noted above they fail to get out and that 2x is also how friggn fast it came down.In general, managed funds perform better (or can) in bear or sideways markets, but it is tough for them to outperform indexes when everything is going up.
So now the Mississippi river is drying up so ships can't get down river, which of course will drive up prices.
One freaking thing after another.
I’m seeing natty gas cost increases of up to 30% this winter which makes no sense since futures have been plummeting the last few months. From $9 down to $5just wait till energy pops for home heating...
Tesla's EV Semi due out later this year.And Diesel Inventories are very low and demand is up making trucking more expensive:
Diesel Crisis Deepens As Inventories Fall To Dangerous Levels | OilPrice.com
The U.S. is competing with Europe for diesel and other distillate fuels as inventories plummet to dangerous levelsoilprice.com
You still holding that value trap? :)Big day for AT&T! I mean, it’s only down like 40%+ for the year (LOL) but I’ll take a 7% pop on earnings.