Comments by "" (@mrpmj00) on "Stocks Will End Year Lower: BofA Strategist Jill Carey Hall" video.

  1. The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Disney
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  2. Biggest risk is not investing in stocks, and sitting on the sidelines and complaining! I bought these on the dips in the last few days. Amazon Facebook Apple Disney
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  3. ;;;AMAZON: Yep, I bought a ton on the dip. Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock. ...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback. Amazon is investing so much money, that no competitor will ever be able to catch up. Amazon's not going anywhere so I know that eventually it will come back. Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market) Get on board or be runover, it's up to you.
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  4. Inflation or no Inflation, who cares. Own high quality companies whose products and services have pricing power, that leads them to have stable growing cash flows. Price will take care of the rest...
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  5. From the government's perspective, it's better to have inflation than having to pay more for unemployment for people to sit on their asses and get a check. GDP doesn't grow if people sit on their asses.
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  6. yep, I've been investing for 30 years.
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  7. lol, yesterday my pension just deposited 8% into my account.
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  8.  @chessdad182  There's pro/con to pension. 1) pension is guaranteed income regardless of performance 2) managing it yourself may beat or lose versus a pension. That's why I kept my pension and didn't rollover to an IRA. This way I'd diversify my risk: 1) social security 2) pension 3) IRA 4) Roth IRA 5) 401K
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  9. @uhf mhz That's because Apple's stock is 50% of Berkshire's portfolio.
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