DarkBlack
Elite Member
Your numbers are cumulative.
His numbers were yearly
How are your investments doing?
- Thread starter RSKY
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His numbers were yearly
Snobdds
Elite Member
AI sucks.
Berkshire Hathaway owns a lot of companies that also hold US treasuries. In total it's over a trillion dollars.
Parent company + subsidiaries = total.
jmc
Elite Member
- Joined
- Jul 21, 2003
- Messages
- 3,165
- Location
- SW Indiana
- Tractor
- Ford 1920 4x4 (traded in on Kubota). Case 480F TLB w/4 in 1 bucket, 4x4. Gehl CTL60 tracked loader, Kubota L4330 GST
Sounds like you're doing well so far!
Talk to our Blmgtn Charles Schwab office. Locally owned, unlike most branches. Sound advice, no pressure, high customer service level, low fees, no advisor charge.
Source?
Snobdds
Elite Member
Now get to work going through those financials...
Got it. Ya made it up the $1T number.
Snobdds
Elite Member
You made up that assumption based on a Google AI search.
Here is the chart on three of the funds I'm in. The top one I got in over ten years ago in a small way, then in a big way in 2022 after we sold the inherited farms and houses. Middle one is self explanatory. Bottom is the money market fund they put everything in when you put money in a Fidelity account. Then you buy other funds with the money in that one. It has no minimum investment. They have other money market accounts that pay slightly higher with differing minimums of $100k, $1M, $10M, etc., but why earn less than 4% when you can earn more than 40%. You just have to be aware that a major correction can happen at any time. And when that correction happens don't get upset, laugh about it, wait it out, and when it starts back up put everything you can back in it. I have made a killing on the FSELX over the past three years. It has put my wife and I in a financial secure situation. We may not be rich but we are comfortable. And the fund has averaged 15.7% a year since 1985!! Remember the rule of 72, divide the percentage rate into 72 to see how many years it takes for an investment to double.
|
| Name | YTD # (Daily) | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Life of Fund | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fidelity® Select Semiconductors Portfolio (FSELX) | +45.37% | +52.38% | +58.48% | +36.57% | +30.87% | +15.70% | |||||||||
| Fidelity® 500 Index Fund (FXAIX) | +16.76% | +21.43% | +22.66% | +17.62% | +14.62% | +11.25% | |||||||||
| Fidelity® Government Money Market Fund (SPAXX) | +3.39% | +4.07% | +4.54% | +2.85% | +1.83% | +2.70% |
DarkBlack
Elite Member
Here’s an investing fun fact, most are unaware of:
Human psychology is one of the biggest detriments to investors and even traders, success, without us even being aware of it.
One of the most interesting (in my opinion) is political bias fallacy.
The fact is, a higher percentage of individual public investors, withdraw their money from the market when their political party looses.
When your opposition party wins, you’re more likely to imagine a dreadful future for the country, and more likely to take out funds to “ protect your investments “.
Investors of the political leaning of the incoming party are optimistic and more likely to stay, and/ or increase investments.
Historically, the market has more upside than downside, so statistically, people of the leaning of the party at the time do better with their investments.
This site seems to prove it true. Maybe not 100%, but pretty close, from posts Ive read.
Think of it this way….When 1/2 the voters think the market is going down because of bad administration, the other half of the country is thinking the exact opposite.
Never let your political bias influence your stock market decisions
Human psychology is one of the biggest detriments to investors and even traders, success, without us even being aware of it.
One of the most interesting (in my opinion) is political bias fallacy.
The fact is, a higher percentage of individual public investors, withdraw their money from the market when their political party looses.
When your opposition party wins, you’re more likely to imagine a dreadful future for the country, and more likely to take out funds to “ protect your investments “.
Investors of the political leaning of the incoming party are optimistic and more likely to stay, and/ or increase investments.
Historically, the market has more upside than downside, so statistically, people of the leaning of the party at the time do better with their investments.
This site seems to prove it true. Maybe not 100%, but pretty close, from posts Ive read.
Think of it this way….When 1/2 the voters think the market is going down because of bad administration, the other half of the country is thinking the exact opposite.
Never let your political bias influence your stock market decisions
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