Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
“Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.” ~Thomas Jefferson
The S&P 500 had an up short holiday week, closing at a new all time high of 3638.35 (see chart below). How long this strong market lasts is anyone's guess, so just enjoy the ride and have the proper asset allocation in place to match your risk tolerance!
“We cannot hold a torch to light another's path without brightening our own!” ~Ben Sweetland
“The greatest mistake you can make in life is to continually be afraid you will make one.” ~ Elbert Hubbard
For food that stays our hunger,
For rest that brings us ease,
For homes where memories linger,
We give our thanks for these.
“Humor is the great thing, the saving thing after all. The minute it crops up, all our hardnesses yield, all our irritations and resentments flit away, and a sunny spirit takes their place.” ~ Mark Twain
“Happiness is the absence of the striving for happiness.” - Zhuangzi
“Watch your thoughts, for they will become actions. Watch your actions, for they'll become... habits. Watch your habits for they will forge your character. Watch your character, for it will make your destiny.” - MARGARET THATCHER
“Anything worth doing is worth doing poorly--until you can learn to do it well.” - Zig Ziglar
After the S&P 500 closed Monday 11/16/20 at an all time high of 3626.92, it pulled back the rest of the week (see chart below)! Everybody's portfolio should look pretty good, so what's next? Nobody knows, just have you asset allocation in place to match your risk tolerance! For those that don't know what your risk tolerance is, take this questionnaire. Then look at these portfolios to see how much of a loss you can tolerate.
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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!