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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (25061)	7/3/2025 1:20:23 PM
From: Kirk ©	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 26758

Happy 4th to you and yours too! You are right about the shared wisdom here. It makes it far too profitable and fun to actually retire and spend more! IF one is really successful investing, there should never be need to take excessive risk. I define that as any bet that puts "critical mass" in jeopardy with another 50% (or worse) bear market. I have enough cash that with SS and dividend income that could be dropped to zero... to live very well so what I'm really risking is more remodeling, trips in first class, more fancy meals, etc. My largest position gained another 10% from my last profit taking and passed Breeze's bingo level by a buck or two so I sold another 3% or so in my taxable account... I need to have enough capital gains to offset the Estimated Taxes I have to pay this year with a high bar set from last year's gains. I've held on to all my ROTH shares I added last year when it was really cheap as I'm hoping the Expense Now options of Trump's BBB survive the weekend and that will pour gasoline on my capital equipment stocks! If not, I got another month of expenses out in cash today. One thing not mentioned in the inflation data is the soaring costs we are paying out here to repair and upgrade infrastructure. Power lines for wildfires and sewers and sewage treatment plants to meet new regulations and to replace what are worn out. They are spending a ton on roads and finally the state and national roads I used are getting upgraded after looking like war zones for years. I think the poor souls that cross the Golden Gate Bridge daily to work in SF are now paying $10 a day with the latest price increase. Our overpaid BART and other public transit systems are threatening strikes and service reductions as the number using them are still far below pre pandemic levels as so many tech jobs left for Texas and/or are still working from home 2 or more days a week. A lot of stuff I look at suggest next Wed could be a ST top... maybe a sell the BBB news then a small buying opportunity into options expiration fear... probably a coin toss into a headwind. Have a good holiday!