Ed's Posts
Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
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"Never depend on single income. Make investment to create a second source." - Warren Buffett
"Care about what other people think and you will always be their prisoner." - Lao Tzu
If you invest with Vanguard and like talking about your Vanguard investments, the stock market, and the economy? I've created a small Messenger group on Facebook called "Vanguard Friends" for us to chat on. Please private message me if you would like an invite: https://www.facebook.com/ed.heath.18
A good article with frugal tips for eating out. We eat out (or get take-out) about 2-3 times a week, but when we do, we always just drink water for free since to me it is a waste of money buying sodas or ice tea. Plus, I usually never order an appetizer. Of course when we take family or friends out they can order anything they want, and I don't mind paying for it to share in their company!
The S&P ended the week about where it started after falling then rising as it bounced off the 200 SMA (see box in chart below). So far the 200 SMA (arrow at brown line) is holding as support. We are in a downward channel with lower lows and lower highs, so we'll have to see if we can move out of the top of it or go down to test the bottom trend line. My investment portfolio is -5.80% below its high, and I'm still in cash (Prime Money Market) with my bond fund allocation as their prices continue to drop.  “There are no mistakes, only lessons. Growth is a process of trial, error and experimentation. The “failed” experiments are as much a part of the process as the experiments that ultimately work.”
“Do not judge my path, you haven’t walked in my shoes… or ridden on my broom.” ~ A M Galdorcraeft
“You’ll never see all the awesome things ahead of you, if you keep looking at all the bad things behind you. Sometimes you just have to turn around, give a little smile, throw the match and burn that bridge. Live, learn and don’t look back.”
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September 2020
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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