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“We can let circumstances rule us, or we can take charge and rule our lives from within.” - Earl Nightingale
“Some days I wish I could go back in life, not to change anything, but to feel a few things twice.” ~ Dodinsky
The S&P has been on a strong uptrend since the low on 12/24/18 (see chart below). It is now up +13.59% from that low that almost touched bear territory. We've only seen a one day slight pullback on 1/3/19, so my concern is that we need to rest a little before hopefully going higher.  “Everyone believes that their beliefs are the right ones - that is why they are called beliefs.” - Jonathan Lockwood Huie
“Stop waiting for Friday, for Summer, for someone to fall in love with you, for life. Happiness is achieved when you stop waiting for it and make the most of the moment you are in now.” - Unknown
RIP Jack Bogle, founder and past CEO of Vanguard! Here are 9 of his quotes:
Diversification: "Don't look for the needle in the haystack. Just buy the haystack." Expenses: "The grim irony of investing is that we investors as a group not only don't get what we pay for, we get precisely what we don't pay for." Market timing: "The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently." Trading volume: "In recent years, annual trading in stocks — necessarily creating, by reason of the transaction costs involved, negative value for traders — averaged some $33 trillion. But capital formation — that is, directing fresh investment capital to its highest and best uses, such as new businesses, new technology, medical breakthroughs, and modern plant and equipment for existing business — averaged some $250 billion. Put another way, speculation represented about 99.2% of the activities of our equity market system, with capital formation accounting for 0.8%." Index funds: "The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense. Index funds eliminate the risks of individual stocks, market sectors and manager selection, leaving only stock market risk." Investing simplified: "Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes." Time and patience: "Time is your friend; impulse is your enemy." Stock-market risk: "If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks." Trusting brokers: "It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it." “Be more concerned with your character than your reputation.” - John Wooden
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January 2019
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!
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