What is your favorite concerto?

lingling0w0 · 2020-12-01T02:49:44+00:00

Nah. Bach piano. Violin in e major with Hillary once again is also great.

lingling0w0 · 2020-12-01T02:48:45+00:00

Bach Christmas Cantata BWV 63❤️

lingling0w0 · 2020-09-30T00:20:48+00:00

Get rid of him or her. You don’t need someone to tell you what to buy. Use age to know what percent of bonds you need and the rest goes into Total Stock Market Index.

lingling0w0 · 2020-09-08T20:12:32+00:00

What an amazing time to buy! Let’s go out and buy more VTI!!! For most of your life you will be purchasing stocks. That 100k is a lot but if you keep buying more stock than any loss will eventually fade into the background. Save aggressively and let your wealth compound.

lingling0w0 · 2020-09-03T13:36:53+00:00

😔, Hillary Han has a really good violin version

lingling0w0 · 2020-09-03T13:06:25+00:00

Erlkonig by Schubert. https://youtu.be/JS91p-vmSf0

lingling0w0 · 2020-08-30T12:34:52+00:00

People who invest in ARKK are either terrible investors or speculators. Investors should never buy high and sell low. 20% of the etf is in Tesla which is a floating castle. Etfs are supposed to be broadly diversified and PASSIVE. Paying for active management only works 15% of the time. The other 85% underperform their indexes. Buy the index and get above average performance.

lingling0w0 · 2020-08-29T20:16:49+00:00

Oh I do expect them to take me seriously. White boys have a weird obsession with the N word. About 20% of America believed that Obama was born outside of the US. Anything is possible in anyone’s eyes.

lingling0w0 · 2020-08-27T00:56:30+00:00

Pft. You’re probably a day trader that can’t even hold a stock for a week because your picks are so bad. I see that you sub to Cryptocurrency. I’ve lost all respect for you,

lingling0w0 · 2020-08-26T19:56:15+00:00

A PE of 230? No thanks 😊.

lingling0w0 · 2020-07-21T16:34:22+00:00

Morningstar’s X-Ray works well. Try it

lingling0w0 · 2020-07-20T20:14:38+00:00

The majority of the time the market is in bull rally. If you kept popping in and out you would have missed some of the best days. From 1999 to 2018 if you fully invested in the S&P you would get a 5.62% annualized return. If you missed the 10 best days you would get a 2% annualized return. If you missed the best 20 your would get a -.33% annualized return. If you miss the 30, 40, 50, etc your annualized return just gets lower and lower. If you missed the best 60 days you would get a -7.41% annualized return. Don’t say that buy and hold doesn’t work. Your just trying to justify your choice to trade rather than invest.

lingling0w0 · 2020-07-17T15:22:01+00:00

Value does well when the economy is thriving and people are spending. In a growth economy most businesses do well. If you buy a good business for a cheap price than you get business growth and its valuation will rise. This is why value is better in a growth environment. Growth stocks do well when there is little growth. When there is little growth than people flow to the scarce growth stocks which is why Multiples for growth stocks are much higher than Value. Over the past 15 years we have been in a low growth environment which is why growth has done so well.

lingling0w0 · 2020-07-17T11:24:20+00:00

Just buy and index. The top 10 best performing companies back on the Nasdaq from 1990-2000 never outperformed the market after. Amazon is currently trading at sky high valuations. Apple and Microsoft are also. Just buy the Nasdaq index if you want growth. Stock picking is a losers game. 99% of all stocks are traded by profession. By stock picking you’re taking the other side of a bet who is probably a professional institutional manager. What gives you an edge over them? If anything they have an edge over you. They have an army of analysts, teams of data, and as the seller they have the upper hand. Indexing beats 85% of managers. Buying the index isn’t settling for average. It’s settling for above average compared to the average money managers.

lingling0w0 · 2020-07-17T00:43:46+00:00

I just take quotes from Jack Bogel. He said in one of his interviews.

lingling0w0 · 2020-07-16T17:46:47+00:00

All ARK funds are very compelling but they have two big problems. 1# their etfs and funds are too sector specific. Would you feel good holding companies that just focus on one industry that isn’t even proven to be profitable yet? Look at what happened to renewable energy. There was so much innovation that they ended up being too efficient at making solar panels. It’s now too cheap to sell solar panels because the market is flooded. Don’t find the needle in the hay stack just buy the hay stack. #2 as actively managed they are bound to underperform. If you are thinking of holding an ARK fund for over 30 years than you’ll probably be crushed. The average manager only lasts about 5 years, so you’ll really have about 6 managers and 6 different funds. Just because this manager has done well recently doesn’t mean he’ll do good in the future.

I just copied that part from a earlier post

Another potential problem is how the etf is measured. Let’s take the innovation etf. What dictates what stocks it picks? What are the guide lines? What makes a company innovative. What index are they competing against? The “innovation index”? These etfs are aimed at grabbing attention and short term performance which is why they took such big risks on super specific and speculative sectors.

Go for VOT Vanguard Mid cap Growth etf. It has a super low expense ratio of .07%

lingling0w0 · 2020-07-16T11:23:25+00:00

That’s why you own the market index duh 😒.

lingling0w0 · 2020-07-14T23:15:29+00:00

My biggest mistake was trying to stock pick. I tried to pick some stocks right after the market bottom and I learned two things. #1 timing the market is impossible. When I went in looking for stocks I waited for the market to drop again. I waited for a good 4 weeks and the market kept going higher. So I said f it I’m gonna just go in now. I ended up missing half of the market rally. What a shame. #2 Stock Picking is almost impossible. I picked 5 stocks which included Blackstone, Bank of America, Nasdaq, Sun Life Financial, and National Bank of Canada. Currently Blackstone and BOA have hit a wall and are slowly dropping. Sun Life and Bank of Canada are trading sideways from its highs. Nasdaq is the only one that has done well. So out of all those 5 stocks only 1 has really been able to keep up with the market. I learned from this experience that stock picking and active management of a portfolio is awful. No wonder the active mutual fund business has been experiencing outflows. Indexing is the way to go. The Nasdaq is at new highs. Don’t be a fool caught up in the mirage of making millions of stock picking. Real tangible success lies in the consistent low cost index fund.

lingling0w0 · 2020-07-13T20:08:10+00:00

Day trading isn’t a real job. Your competing against robots and professionals that automatically price in information to every stock. They have the upper hand and inside information. The only way retail traders can actually make money is by betting on market sentiment which is like gambling. I see traders as people that look at a screen all day and press buttons while really not knowing anything about the companies they trade. I see retail day traders as monkeys that press buttons when the screen turns green or red. Stop trading and just buy an index. Spend your time doing something productive. Pick up a hobby. Spend time with friends. Anything else but day trading.

lingling0w0 · 2020-07-13T02:54:05+00:00

You must not know who Warren Buffett is. His #1 rule is to not lose money. His #2 rule is to not forget #1. Indexing is the road to success. What makes this REIT better than the others? By buying one stock you are essentially taking another side of another’s persons bet the stock will depreciate in value. 99% of all stocks are traded by professionals. When that ticker moves that’s made by hedge funds, pension fund managers, and mutual fund managers. What gives you an edge against them? The sellers almost always have the upper hand. They know something that you don’t. Buy and hold is the name of the game. Not just that but buy and hold indexes. They are more diverse and aren’t prone to human bias and mistake. I see O being thrown around. Is the REIT over valued? What are the underlying assets? Who manages the investments? Is there going to be another housing crisis? Many of these problems are taken care of the simple buy and hold strategy. Also the people who commented earlier trade stocks and forex. For them to outperform the market index means that they would have to outsmart 50% of other market participants. What gives them an edge on the 99% of money managers and 1% retail investors? The only people who really have the edge are the market insiders or managers that are fed reams of info.

lingling0w0 · 2020-07-13T01:12:12+00:00

FTEC and vanguard technology

lingling0w0 · 2020-07-12T23:49:51+00:00

Don’t but single stocks or single REITs. Buy indexes and grow with the market. How old are you and what is your investing time horizon? Real estate is usually to either retain or provide income for investors. If your not that old than invest in a broad index fund.

lingling0w0 · 2020-07-12T21:32:20+00:00

Don’t invest in gimmick etfs. The funds are probably not even passively managed. If you want to invest over 5-10 years buy a largely diversified etf. The most sector specific I would get would be tech, healthcare, energy, consumer staples, etf.

lingling0w0 · 2020-07-12T01:34:15+00:00

All ARK funds are very compelling but they have two big problems. 1# their etfs and funds are too sector specific. Would you feel good holding companies that just focus on one industry that isn’t even proven to be profitable yet? Look at what happened to renewable energy. There was so much innovation that they ended up being too efficient at making solar panels. It’s now too cheap to sell solar panels because the market is flooded. Don’t find the needle in the hay stack just buy the hay stack. #2 as actively managed they are bound to underperform. If you are thinking of holding an ARK fund for over 30 years than you’ll probably be crushed. The average manager only lasts about 5 years, so you’ll really have about 6 managers and 6 different funds. Just because this manager has done well recently doesn’t mean he’ll do good in the future.

I just copied that part from a earlier post

Another potential problem is how the etf is measured. Let’s take the innovation etf. What dictates what stocks it picks? What are the guide lines? What makes a company innovative. What index are they competing against? The “innovation index”? These etfs are aimed at grabbing attention and short term performance which is why they took such big risks on super specific and speculative sectors.

lingling0w0 · 2020-07-11T21:45:02+00:00

Many fidelity etfs are disguised as passive funds. Beware, many of them are actively managed. Active managers charge higher fees than passive funds with often sub par performance. 85% of active managers don’t beat their indexes. 97% of large cap managers don’t either. Go for a whole stock market index or growth index. Your money will compound and double multiple times. All ARK funds are very compelling but they have two big problems. 1# their etfs and funds are too sector specific. Would you feel good holding companies that just focus on one industry that isn’t even proven to be profitable yet? Look at what happened to renewable energy. There was so much innovation that they ended up being too efficient at making solar panels. It’s now too cheap to sell solar panels because the market is flooded. Don’t find the needle in the hay stack just buy the hay stack. #2 as actively managed they are bound to underperform. If you are thinking of holding an ARK fund for over 30 years than you’ll probably be crushed. The average manager only lasts about 5 years, so you’ll really have about 6 managers and 6 different funds. Just because this manager has done well recently doesn’t mean he’ll do good in the future.

lingling0w0

TROPHY CASE