07-08-2021, 01:16 PM
(07-08-2021, 01:00 PM)ken-do-nim Wrote:(07-08-2021, 12:47 PM)Otter Wrote: Supposedly the market is down today because yields are dropping and there may not be enough inflation.
I’m old enough to remember two months ago, when the market supposedly went down because yields were too high and there was too much inflation.
Maybe the market is just a chaotic system that goes up and down (but mostly up). It’s okay for the market to take a breather after a solid month of gains. I think I may go enjoy a beer on my deck. Maybe the SA headline writers should do the same.
Yeah, I've noticed a definite pattern this year.
2 weeks of up
4 weeks of chaos, where I end up mostly flat
2 weeks of up
rinse ... repeat.
I don't mind making my money in this every-other-month fashion.
After a huge amount of moves in Q2, I don't anticipate doing anything with my portfolio other than take the dividends out monthly for the budget, possibly until next year. So I'll just sit and chat with you all.
That’s the nice part about not trading. I can enjoy this nice, 65 degree day outside. I’m pretty sure all the dividend payers in my portfolio are continuing to earn $ for me while I drink this Märzen and enjoy the view.