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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (46227)	12/9/2021 3:31:26 PM
From: catou1	1 Recommendation Recommended By Lee Lichterman III Respond to of 96677

Interesting picture, that explain ajtj point : 'Frankly, the Dow is not an important index for investors. It was important in the 80's when the Nasdaq was still known as the OTC, but it is now just a relic of the 1800's with its price weighted basis.`

To: Lee Lichterman III who wrote (46227)	12/9/2021 3:58:05 PM
From: Jacob Snyder	4 Recommendations Recommended By ajtj99 Lee Lichterman III Lou Weed oldbeachlvr Read Replies (2) \| Respond to of 96677

You are correct, even the safest Blue Chips can fail, given a long enough time frame. The problem is, my wife is certain to outlive me. I have already had 2 cancers. She is in perfect health. BP 130/60 without meds at age 60. She teaches martial arts classes, to kids 1/4 her age. She has zero interest in active management of a stock portfolio. So, I intend on leaving her stocks she never has to look at, and can live off the dividends. That’s what my grandfather did for my grandmother, and my father did for my mother. If it was 1980, this would be simple: put everything in 30y Treasuries, and leave it there. But safe bonds yield nothing today. I don’t see any other choice, than the safest dividend-paying stocks. Can you think of a better plan?

To: Lee Lichterman III who wrote (46227)	12/9/2021 4:12:42 PM
From: robert b furman	2 Recommendations Recommended By Lee Lichterman III towerdog Respond to of 96677

Hi Lee, That is an important view to recognize. As I approach 70th birthday (my wife's 70th birthday is today), so it looms on me as well. I can remember when my dad brought into the house the first black and white TV. It was smaller than a Compaq luggable exept for the rabbit ears antennae. I was 5 ish, and ,marveled how the signal could come through the air. LOL We've come a long way baby, and it is happening faster. The rise and fall of stocks have accelerated. I do have stocks I've owned for 43 years and have been completely in and out of them 3 times. Today's markets and politics require paying attention to the market continuously. That is more true or less true based on the company's product, and the economic swings we all endure. Excellent point and we all need to go thru life with our eyes open! Bob

To: Lee Lichterman III who wrote (46227)	12/9/2021 4:27:25 PM
From: ajtj99	1 Recommendation Recommended By Lee Lichterman III Read Replies (1) \| Respond to of 96677

When I saw that K-Mart refused to update their existing stores in the late 80's, I knew they were not long for this world. While Walmart was expanding everywhere with sparkling new stores and honing their concept, K-Mart instead went into the power-center business, acquiring Pace Membership Warehouse, Builders Square, Borders Books, The Sports Authority, and Office Max (along with their Big-K concept). Pace was getting blitzed by Price/Costco and Sam's Club. Builders Square was in the process of being wiped out by the ever-expanding and impressive Lowes and Home Depot. Borders had no business being in those huge power centers. The Sports Authority was in a brutally competitive business. Office Max was the only entity that was doing well. Just plain mismanagement all around. Throwing a bunch of failing companies together in some kind of down-spiraling company salad was just the most asinine think you could possibly do.