Investing:
It's been a BRUTAL few months for me and @BrianFeroldi (and lots like us)
And yet, the S&P 500 keeps going up
Some ideas and what's going on ⤵️
It's been a BRUTAL few months for me and @BrianFeroldi (and lots like us)
And yet, the S&P 500 keeps going up
Some ideas and what's going on ⤵️
1) Inflation
For the first time since before I ever cared about it, inflation is a real thing.
That makes investors worry.
There's been a flight to safety. High-flying tech stocks with low current earnings are NOT considered safe
For the first time since before I ever cared about it, inflation is a real thing.
That makes investors worry.
There's been a flight to safety. High-flying tech stocks with low current earnings are NOT considered safe
2) Weighing-issues
If you look at how the S&P 500 or Nasdaq are composed, a few companies (FAANG plus Microsoft, Tesla, NVIDIA) play outsized roles.
Many of those stocks haven't suffered. They have record earnings and cash
If you look at how the S&P 500 or Nasdaq are composed, a few companies (FAANG plus Microsoft, Tesla, NVIDIA) play outsized roles.
Many of those stocks haven't suffered. They have record earnings and cash
3) SPAC/IPOs
I doubt any class of stocks is doing worse that recent IPOs and SPACs.
I don't personally hold any recent IPO/SPACs, but many do.
Don't get me wrong: some businesses deserve this huge drop. But all of them?
I'm not sure
I doubt any class of stocks is doing worse that recent IPOs and SPACs.
I don't personally hold any recent IPO/SPACs, but many do.
Don't get me wrong: some businesses deserve this huge drop. But all of them?
I'm not sure
4) I'm not that good of an investor
Any honest investor must ALWAYS keep this possibility in mind.
I'd like to think of myself as an honest investor, and this possibility will never go away.
Any honest investor must ALWAYS keep this possibility in mind.
I'd like to think of myself as an honest investor, and this possibility will never go away.
There's no telling when this might change, but it's not affecting my approach to investing much at all.
I've sold out of $ZEN, put it into $U -- and that's about it. Less than 3% of my portfolio.
In the long run, multiples aren't what matter -->creating things people want does
I've sold out of $ZEN, put it into $U -- and that's about it. Less than 3% of my portfolio.
In the long run, multiples aren't what matter -->creating things people want does
If you want to join a little online community (for FREE) where we talk about these things, subscribe to the YouTube channel @BrianFeroldi and I have.
We come out with 3-4 videos EVERY WEEK
youtube.com/brianferoldiyt…
We come out with 3-4 videos EVERY WEEK
youtube.com/brianferoldiyt…
To review, I believe my own portfolio is down big vs. S&P 500 because:
1) Inflation worries
2) Index weighting issues
3) I could simply be wrong
And yet, I'm not changing my approach
If you like this in video format, we've got that here
1) Inflation worries
2) Index weighting issues
3) I could simply be wrong
And yet, I'm not changing my approach
If you like this in video format, we've got that here
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