MARKETS,Anybody even yet?

[TripleTriple]

The chart with the YTD results is mine at Fidelity. Hope this helps a bit.

How in the world do your results help me?

I'm currently in 'negotiations' with two entities vying for my portfolio balance. I'm not thrilled with the commission/fees to juggle my assets ..thinking of just self directing. Why risk a large sum for chance of 10+% return when I can outpace current inflation by just buying CDs and Treasury bills...im already near retirement age.

[olds442jetaway]

My results probably are about what a balanced portfolio of ETFs would be for this year. I self direct and have no fees with Fidelity. I am 75 so my portfolio is probably a lot different than most people who are younger. I am heavily weighted in CDs and even one non taxable ( Federal ) municipal bond fund. The Mrs. has a non stock 403b Annuity for safety. My 403b equivalent is ( age related ) 75 percent cash, 25 percent stock fund, and only 5 percent bond. Bonds have underperformed badly but who knows what the future will be. High interest rates are very bad for bonds. What stocks I do have are heavily weighted toward dividends, but are of course subject to risk too. The biggest downside to CDs is the interest is taxable in the year earned so say good bye ( my bracket ) to 22 percent of it to Fed taxes and 7 percent to my Greedy State Ct. That’s a big nut. Since 1926 the market has returned 10 percent a year average, but I can’t risk a 20 year of a down market. I can’t advise you on what to do. My brother and sister pay big fees to advisors. So far I have done better than they have, but could be just luck. Anyway, good luck. It’s a tough decision. Also somewhat time consuming with self directing. The good part of that is even though I am a dinosaur compared to the younger tech crowd, I am able to do everything I. need to do on my phone and at the touch of a couple of buttons on my phone, I can move money either way from my bank to Fidelity. I’m not necessarily plugging Fidelity, just saying it works for me. Good luck again.

[case]

There is a guy who posts you tube videos most days. He is by far the best guy I have ever seen in the market. He is a technical trader who understands the charts better than anyone I have ever seen. He will tell you when to trade and when to buy at price points that are dead on. He also is a crypto expert if you are into that.

I am fairly well versed in trading as I spend a few hours each day but this guy knows more in his little finger than I all my knowledge I have ever learned. Some of his videos might not interest you but overall he can help anyone. Right now he has been dead on with Tesla.

Look on you tube for

stocks with josh

[olds442jetaway]

Thanks Case. I will definitely check him out. I always feel like whatever I do in the market is still a crap shoot.

[olds442jetaway]

I spent some time with Josh on YouTube. He is very clear about things, well spoken, and obviously knows his stuff. Thanks for the tip.

[olds442jetaway]

Looks like inflation is doing a job on the market. I watched Josh with stocks 14 min video last night. Interesting to see how AAPL pans out. So far it’s up a tiny bit today. For now, I’m glad I have a big cash position percentage wise. Gasoline alone has gone up over 40 cents a gallon just in the last week. In California, my sister is back to paying 6 bucks a gallon.

[olds442jetaway]

I just dipped my little toe in on AAPL. See how it goes. I can always add to it on dips or tanks of the general market.

[FAA]

NASDAQ -2%. Bloodbath city.

[olds442jetaway]

Could be the beginning. Remember what Case says. But low.

[case]

Josh will be right more than wrong. He is away right now but usually post daily.

Tough day on the markets to end April