Stock Market Investing

**Patriot76** · 06-11-2020, 06:22 PM

Financial guru's, advisor's, and experts provide a needed service. Some are at the top of their game at any given time and others are in the trough (for those with financial or economic backgrounds.) So how do you pick the right one at any given moment. If I was right 50% of the time I would be a millionaire.

Some have highlighted the addictive nature of investing, much like gambling. I respect those that buy and sell stocks, but I am in the arena of KSS and Matador. I am willing to gamble with the country as a whole instead of individual companies. My first priority is land, something I can see, appreciate, and survive on. For some reason they are not making any more. Next is U.S. based mutual funds. If the US markets tumble, I still have my assets for survival in land. I do own individual stocks, but they are all in companies that I believe in, use their products, and interact with regularly. Something about reading public opinion instead of spreadsheets gives me comfort.

I would take investment advice from Warren Buffet, but I do not think he would offer it. I would take financial advice from Dave Ramsey, but instead of investing 15% in international funds, I will invest all of mine in the US. My choice for investing in precious metals is copper, brass, and lead over gold and silver. I also take consumer advice from Clark Howard because it is common sense and down to earth. Since Warren Buffet will not be my advisor, I will adhere to low cost mutual funds based on the US market. I may not make or loose as much money as those trading stocks, but I will still be able to sleep at night.

Once again, I respect those trading stocks, but have to believe for every winner there is a loser. For the record a lot of time is spent studying the markets and individual companies and will not bet on my understanding. That's my 2 cents worth and I just bet it on GE in 2021.

**t00nces2** · 06-12-2020, 05:14 AM

Originally Posted by Patriot76

Financial guru's, advisor's, and experts provide a needed service. Some are at the top of their game at any given time and others are in the trough (for those with financial or economic backgrounds.) So how do you pick the right one at any given moment. If I was right 50% of the time I would be a millionaire.

Some have highlighted the addictive nature of investing, much like gambling. I respect those that buy and sell stocks, but I am in the arena of KSS and Matador. I am willing to gamble with the country as a whole instead of individual companies. My first priority is land, something I can see, appreciate, and survive on. For some reason they are not making any more. Next is U.S. based mutual funds. If the US markets tumble, I still have my assets for survival in land. I do own individual stocks, but they are all in companies that I believe in, use their products, and interact with regularly. Something about reading public opinion instead of spreadsheets gives me comfort.

I would take investment advice from Warren Buffet, but I do not think he would offer it. I would take financial advice from Dave Ramsey, but instead of investing 15% in international funds, I will invest all of mine in the US. My choice for investing in precious metals is copper, brass, and lead over gold and silver. I also take consumer advice from Clark Howard because it is common sense and down to earth. Since Warren Buffet will not be my advisor, I will adhere to low cost mutual funds based on the US market. I may not make or loose as much money as those trading stocks, but I will still be able to sleep at night.

Once again, I respect those trading stocks, but have to believe for every winner there is a loser. For the record a lot of time is spent studying the markets and individual companies and will not bet on my understanding. That's my 2 cents worth and I just bet it on GE in 2021.

Just for the record, GE looks like it is in an uptrend and was where I was going to park a large potion of the money I had dedicated to a safe long investment. If the chart changes and it starts to look like a loser, I will bail and look for another safe, long equity.