Re: barry?

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Posted by Island Mike on December 27, 2018 at 14:22:40 [URL] [DELETE] :

In Reply to: Re: barry? posted by Paul in MA on December 27, 2018 at 08:33:48:

You could take that view, or you could be practical and face reality.
In my post I said we learn, some days are better than others. We could expand on that thought, and conclude some years are better than others.
Previously you have said you are living the dream. But if you expect the markets to have a steady upward climb, I would conclude you are a dreamer. Markets go up and down. When they are down, to quote the world's greatest investor " All the good things you wanted to buy, are now on sale. What a wonderful buying opportunity " WB.

Further, some stocks, if based mainly on capitol gains, do need a steady increase in share price, to make $$, but as has been demonstrated, can lead to some creative bookkeeping. But quality dividend stocks, do not require an increasing share value, if paying out decent dividends.

We need a more long term view of the markets, to make an informed conclusion. Something you are not prepared to do, based on what you have written so far.
As a socialist, you have not mentioned the low unemployment rates, which should bring some happiness to so many. Rather you have been focused on a capitalist point of view, and then buggering up your interpretation.

The markets usually look ahead for input. Given the House has much control over financial activity, maybe some are spooked when considering 03 January.

Island Mike


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