Stock Market 2023

[Elmer Fudd]

Never take financial advise from financialy challenged people. Are you rich Dan? MKD? Just wondering who has good advice.

[mkd]

Never take financial advise from financialy challenged people. Are you rich Dan? MKD? Just wondering who has good advice.

Dan>mkd

I was quoting the greatest investor of all time, so there

[Incogneeto]

Never take financial advise from financialy challenged people. Are you rich Dan? MKD? Just wondering who has good advice.

Just taking a Little Thanksgiving S-Troll??

[Elmer Fudd]

Just taking a Little Thanksgiving S-Troll??

No. Just looking for good advice. Roy seems knowledgeable. I would ask your advice if i ever was getting divorced. 

[Incogneeto]

No. Just looking for good advice. Roy seems knowledgeable. I would ask your advice if i ever was getting divorced. 

 Why?

I'm still trying to get the last one to Stick.


13th Times a Charm.

[Dan_AKA_ROY23]

Core and satellite approach is good to. 60-80% in S&P500 type of ETFs and the rest in more speculative plays.

ETF investors have mostly ETF's with core, satellites, etc. Sector, industry (drilled down further from a sector). Small caps, large caps, international mixes. Around 50 to 60 % or more in core ETF's (DIA, SPY, QQQ, VTI, etc.) Some invest upwards of 80% core.

I have a few non core ETF's. Foreign and small caps, mostly.

For me, the ETF's are there for matching the benchmark (S&P 500). That's a realistic strat. The alpha comes with individual stocks. Gotta roll the dice to beat the benchmarks.

[Dan_AKA_ROY23]

(RIP Charlie Munger. He was 99)

[mkd]

Rest in peace Mr Charlie Munger.
 Positive attitude to the end with not much to look forward to, other than dieing.

[mkd]

" I just want to know where I'm going to die. And I'll never go there"
~C.M.

[Elmer Fudd]

Do you look forward to dying? They say we will be in a better place. I dont believe them.

[mowens]

I do. I'm curious to find out what happens.

[beej]

Do you look forward to dying? They say we will be in a better place. I dont believe them.

My faith in Christ causes me to have joy in the living and joy in the dying, gratitude in the blessings of this world and hope through the sufferings. In that way, my faith puts me in a better place before I even get to a better place. jm2c

[mkd]

(RIP Charlie Munger. He was 99)

99 and 11/12ths to be exact.

[CNCAppsJames]

Do you look forward to dying?

Yes. 

Not in an "I WANT to go there now kind of a way, but I know where I am spending it, and most importantly why I get to spend it there. I most definitely do not fear the after-life. 

[CNCAppsJames]

Both Warren and Charlie live(d) in modest homes. Charlie made no bones about his choice being at least a part of his overall happiness. He said a lavish life would ne bad for his children and step children.

👏