Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***

[Horseman 2,799]

6 hours ago, Grace Under Pressure said:

LMAO. Guy from nowheresville USA, who has his wife print receipts for him to track on a spreadsheet, calling anyone else a fool.

Pretty much anyone with a pulse has more wealth than this. “Oh I moved to a farm 100 miles away from a good German restaurant.” Do you even read what you post? 

Hopefully no one with here with actual money listens to this drivel. There’s better advice out there literally anywhere else. 

Except you seem to hang on to my every word. You read everything I post. That's awesome.  

I'm not sure which is more satisfying, helping someone else reach financial independence or laughing at people like you that are too dumb to ever get there.   

[Hardcore troubadour 16,138]

19 hours ago, Grace Under Pressure said:

"Honey, don't forget to get a paper receipt when you go shopping!!"  

Why would anyone need a receipt in this day and age? Just look at your card statement. You don’t have cards? What a loser. 

[Horseman 2,799]

52 minutes ago, Hardcore troubadour said:

Why would anyone need a receipt in this day and age? Just look at your card statement. You don’t have cards? What a loser. 

Putting a receipt in my pocket is a lot easier for me than looking at 8 different cards and 3 bank accounts.  

What matters though is that you do it, however is easiest for you.  

[easilyscan 1,100]

2025 Returns: https://www.imagebam.com/view/ME19AEWT

Regardless of the account, my goal is always the same. Outperform the DJIA. Incredibly pleased that I not only did that, but beat the S&P 500 as well. (3 of 4 accounts) 

 

The Individual TOD (Taxable Account) is the biggest. 
This account originated in 1994 when I took 5K, & opened a brokerage account @ a small office called PrimeVest inside a local bank. 
1st shares purchased were Intel. They were the Nvidia of the day from the mid 80s, until the early 2000s. Any time I'd have an extra 2 or 3K, I'd deposit it.

In January 97 I bought a gateway 2000 desktop & because the commissions at prime vest were insanely high, opened a brokerage account at Fidelity. Shortly after, I transferred the prime vest account. 

Had 1 mutual fund each at, Bridgeway, T Rowe price, and Wasatch. I transferred all of those to Fidelity for consolidation purposes. 

 

A screen cap of the holdings in that account. https://www.imagebam.com/view/ME19AEWU

Crown Holdings (CCK) is the company I retired from. I purchased shares at $1.94 on whatever day the markets reopened after 9/11. Bought my first shares of Eli Lilly in 2011.

 

The Rollover IRA was my Vanguard 401(k) until late in 2024 when I rolled it into an IRA. No excuses for that performance. I used that account to buy stocks & sell out of the money covered calls to improve my returns. The biggest mistake was taking substantial positions in beaten down companies, thinking they were at or near the bottom and would soon recover.
WRONG!

One example is ConAgra foods. 
I hope to substantially improve on those returns in 2026.

Regards
 

 

 

[Horseman 2,799]

17 hours ago, easilyscan said:

2025 Returns: https://www.imagebam.com/view/ME19AEWT

Regardless of the account, my goal is always the same. Outperform the DJIA. Incredibly pleased that I not only did that, but beat the S&P 500 as well. (3 of 4 accounts) 

 

The Individual TOD (Taxable Account) is the biggest. 
This account originated in 1994 when I took 5K, & opened a brokerage account @ a small office called PrimeVest inside a local bank. 
1st shares purchased were Intel. They were the Nvidia of the day from the mid 80s, until the early 2000s. Any time I'd have an extra 2 or 3K, I'd deposit it.

In January 97 I bought a gateway 2000 desktop & because the commissions at prime vest were insanely high, opened a brokerage account at Fidelity. Shortly after, I transferred the prime vest account. 

Had 1 mutual fund each at, Bridgeway, T Rowe price, and Wasatch. I transferred all of those to Fidelity for consolidation purposes. 

 

A screen cap of the holdings in that account. https://www.imagebam.com/view/ME19AEWU

Crown Holdings (CCK) is the company I retired from. I purchased shares at $1.94 on whatever day the markets reopened after 9/11. Bought my first shares of Eli Lilly in 2011.

 

The Rollover IRA was my Vanguard 401(k) until late in 2024 when I rolled it into an IRA. No excuses for that performance. I used that account to buy stocks & sell out of the money covered calls to improve my returns. The biggest mistake was taking substantial positions in beaten down companies, thinking they were at or near the bottom and would soon recover.
WRONG!

One example is ConAgra foods. 
I hope to substantially improve on those returns in 2026.

Regards
 

 

 

[Horseman 2,799]

Funniest thing about all of this is that NONE of it is hard or time consuming.  Whether it's a receipt in your pocket or checking your credit card statements it's pretty foking easy and you should be doing it anyway. Developing a financial strategy and setting an asset allocation requires math, but, its simple math.  It's not rocket science.  I chuckle at people that just can't bring themselves to do it. 

Sad that most people don't know how to avoid financial planners and set their own path to wealth building.  Everyone should. It could be taught in a single class in high school, but it's not.  

 

[easilyscan 1,100]

On 1/2/2026 at 12:18 PM, Horseman said:

Funniest thing about all of this is that NONE of it is hard or time consuming.  Whether it's a receipt in your pocket or checking your credit card statements it's pretty foking easy and you should be doing it anyway. Developing a financial strategy and setting an asset allocation requires math, but, its simple math.  It's not rocket science.  I chuckle at people that just can't bring themselves to do it. 

Sad that most people don't know how to avoid financial planners and set their own path to wealth building.  Everyone should. It could be taught in a single class in high school, but it's not.  

 

Agreed.

I've since become a credit card guy, but before I retired, I used cash for all my day-to-day transactions. Had no idea how much I spent on these non-recurring expenses, so I made up a simple spreadsheet (10 spending categories) & got in the habit of asking for a receipt on every transaction. A couple times a week, I’d enter the receipt amounts into the spreadsheet. Completely painless, although the average of about $70 per day surprised me. 

[easilyscan 1,100]

On 1/2/2026 at 12:18 PM, Horseman said:

Whether it's a receipt in your pocket or checking your credit card statements it's pretty foking easy and you should be doing it anyway.

Exactly. That's why I find these commercials for rocket money so entertaining!

https://www.ispot.tv/ad/Bh2d/rocket-money-bike-subscriptions

[Horseman 2,799]

Lower tax brackets, higher deductions and expanded tax credits enacted.  Time for turbo boost.  

Scottie, engage the warp drive, give'er all she's got!