Putting the Buy and Hold Belief to the Test
Friday:

Monday morning futures:

Should be an interesting day.
I am conflicted about the current state of the stock market. On the one hand, “the stock market always goes up” is a valid argument. Even if the indexes drop (20%!), they return to all-time highs within months. We’ve seen this time and again. The stock market drops 8%, 10%, 20% from its all-time highs……
After some maneuvers, as mentioned in the last post, my portfolio is now only 16.5% cash. For all intents and purposes, I’m close to meeting my goal of being fully invested. Only a few more percent to go. I’m close to calling mission accomplished. I will find it increasingly more challenging to invest the rest…
As I sometimes do on this blog, I added my cash (in checking accounts) and interest-paying investments. Do you want to guess what percentage of my overall investment assets is? No cheating. I track my percentage cash on my goals page. But I don’t count my GIC investment, money market, or short-term bond funds as…
PayPal is one of those companies that I have a bias against. I don’t remember precisely when my dislike for PayPal started. If you go back ~20 years, I bet I was using PayPal in the very early days. It was basically the main way people could buy things on eBay. I used to buy…
Without further ado, here are the top five holdings in my portfolio based on their total investment return since I bought them. #1. GALP At the start of the Russian war with Ukraine, there was some concern about gas supplies in Europe. Through some weird luck, I bought Galp. It has been up 116% since…
This is a dividend blog, and I am biased toward dividend-paying companies. Dividend-paying companies are generally mature, have lots of free cash flow, and prioritize the investor over the company’s management. No, they are not focused on taking “moonshots” to invent new products and break into new markets, but they are responsibly run cash machines….
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