Excellent ! Nice presentation, 110% return over investment every year ! There is no sale of AAPL for you, your heirs are lucky to inherit AAPL tax free !
You beat Warren Buffet and Trump (no tax) in this.
We’ve different perspective. I’m ready to invest in any business started by 30s guys like you, tomato and lulu. The future belongs to you guys. 60 year old man can only talk about the past, not the future
If we close the week below the 200-day, then I might buy some puts.
I definitely think this is more irrational market behavior than anything else given:
Low unemployment
Improving labor force particpation
Low inflation
Interest rates are still historically low
Tax reform isn’t fully priced into profit forecasts
Tax reform isn’t fully factored into consumer spending estimates
We haven’t seen cash repatriation and spending lift the economy yet
N Korea wants peace talks and is willing to end nuclear program and missile testing
There’s not a single data point that says doom and gloom except fear of a trade wars. I think once trade deals are hammered out, then it’s up, up, up. The only thing that could stop the economy in the short-term is if consumers mass panic and stop spending.
No. I don’t like how the leverage ETFs work. They are usually based futures contracts, and the price moves don’t necessarily match those of the index. They are such a crazy black box. I’d rather know exactly what I own.
I think there will be some surprise on how much different companies benefit from it.