“Folks are usually about as happy as they make their minds up to be.” ― Abraham Lincoln
The S&P hit another new all time intraday high this past Thursday 5/25/17 of 2418.71 (see chart below). This market is unstoppable! I bought VB on Monday, but it stopped out yesterday for only a measly +.21% gain. I'm glad I don't count on trading for income! Two of my investments Vanguard Dividend Growth Fund (VDIGX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) hit a new all time high this week, so that makes me feel good since most of my money are in mutual fund investments. My other stock investments are between -.14% to -1.97% from their highs. Even my bond fund Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX) is -.3.45% from its high. I think everyone should be feeling good about their investments right now. If you're not, better make some changes in what you're holding. Even though I only rely on most of my investments for income from dividends and capital gains, it just makes you feel better to see their principle grow and your net worth increase.
"No matter how hard the past, you can always begin again." - Buddha
Good article to read if you want to be rich!
“If you love what you do and are willing to do what it takes, it’s within your reach. And it’ll be worth every minute you spend alone at night, thinking and thinking about what it is you want to design or build. It’ll be worth it, I promise.” ~Steve Wozniak
“There is only one way to avoid criticism, do nothing, say nothing and be nothing.” ~ Aristotle
“I hope our wisdom will grow with our power, and teach us that the less we use our power the greater it will be.” ~ Thomas Jefferson
"It's not about ideas. It's about making ideas happen" - Scott Belsky
“The adventure of life is to learn. The purpose of life is to grow. The nature of life is to change. The challenge of life is to overcome. The essence of life is to care. The opportunity of life is to serve. The secret of life is to dare. The spice of life is to befriend. The beauty of life is to give.” ~ William Arthur Ward
The S&P put in a new intraday high on Tuesday May 16th of 2405.77. Then fell almost -2% on Wednesday May 17th, to fill the gap from April 24th. It then rebounded the last two days of this past week making up about half the drop down. This tiny pullback on Wednesday was nothing and investors should not be worried. However many traders were hit, as I was since I bought IWM on Monday and was stopped out with the gap down on Wednesday for a -1.91% loss. I'm still waiting for the next 5% pullback or even a correction (-10%) to put some cash to work in my investments.
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Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!