Investing 102 - Lateral-g Forums

**GregWeld** · #1 08-16-2018, 08:01 AM

Today is a CLASSIC example of why it's so wrong to attempt to "time" the market....

If you've been holding WALMART --- you just picked up 10% gain....

This is exactly what happens OVER TIME..... but you have to be a holder (not just this name) to ride the big jumps....

Of course -- if you're not really an "investor" -- then you'll be out when things go great and in when they suck.

Remember -- in many cases - your leaders will change!! I've had a loser in ETP for a very long time - it went from hero to zero when oil tanked..... but now -- is a gainer again. YEAH -- it's tough to hold while it's glowing red... but overall -- I believed in the original thesis... "they have the pipes" -- oil and gas flow thru pipes. Not trying to sell it -- just trying to use this as one example.

WILWAXU · #2 08-16-2018, 12:21 PM

Quote:

Originally Posted by GregWeld

Today is a CLASSIC example of why it's so wrong to attempt to "time" the market....

If you've been holding WALMART --- you just picked up 10% gain....

This is exactly what happens OVER TIME..... but you have to be a holder (not just this name) to ride the big jumps....

Of course -- if you're not really an "investor" -- then you'll be out when things go great and in when they suck.

Remember -- in many cases - your leaders will change!! I've had a loser in ETP for a very long time - it went from hero to zero when oil tanked..... but now -- is a gainer again. YEAH -- it's tough to hold while it's glowing red... but overall -- I believed in the original thesis... "they have the pipes" -- oil and gas flow thru pipes. Not trying to sell it -- just trying to use this as one example.

Nice boost for MCD too.

**glassman** · #3 08-16-2018, 06:27 PM

I'm only up 62% in MCD. wish it was more lol.

Long haul.

Still having fun buying and selling melted sand. Cept' for the people..

**GregWeld** · #4 08-17-2018, 10:48 AM

WATCH HOUSING FOR EARLY SIGNS OF DETERIORATING ECONOMY or for strength -- ditto AUTOS.... these are early "tells" for the consumer. The consumer is 2/3ds of the economy. Everything lives or dies based on "sentiment" -- and what folks feel like going forward. You don't buy a house or new car if you're not "feeling it" -- so check your own pulse first.

**glassman** · #5 08-17-2018, 03:08 PM

I hear ya. Loud and clear.

Whats the other 1/3? government being the majority of that portion of the remaining 33%?

**GregWeld** · #6 08-17-2018, 04:26 PM

Quote:

Originally Posted by glassman

I hear ya. Loud and clear.

Whats the other 1/3? government being the majority of that portion of the remaining 33%?

The way this country is headed -- with more and more losers waiting for handouts --- the government (which is really US!) is probably 50% by now.... and that's why you can't buy as much as you really want to! LOL

captainofiron · #7 09-12-2018, 11:09 AM

Any tips for paying a mortgage early?

I have been reading about Home Equity Lines of Credit (HELOC) and "Velocity Banking"

I was skeptical when I first read about it, but after running the numbers

So as it stands we have a 30 yr mortgage (payoff in 2046) and are paying "3.875%" interest and if we change nothing will end up paying $135k in interest

After running the numbers with a 4.5% HELOC and using 65k for that Velocity banking scheme, we will pay it off in 2025 and only pay 40k in interest (both on the HELOC and Mortgage)

Thoughts?
Opinions?
Advice?

The only CON I can think of is the variable interest, but my calculation has the interest rate going up in a curve with max .45% increases and .20% decreases