I want to know why PRBLX does so well year after year after year. Amazing. No work to it. 5 year return over average over 10% per year. What the heck did I trip over to stumble into that?
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- Thread starter SoapyCy
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I want to know why PRBLX does so well year after year after year. Amazing. No work to it. 5 year return over average over 10% per year. What the heck did I trip over to stumble into that?
My portfolio has had a long position in this one for as long as I can remember - nice steady value appreciation over time, and a track record of healthy capital gains distributions too! Helps to offset the expense ratio. Couldn't let it go when I cleaned house at the end of last year.
I have longed Apple since before the 7-1 split. I have traded many different stocks over that time and I stopped playing a few years ago. Anymore I hold. You definitely have more energy than I do. Apple is a strong company and most likely will keep going up and will split again. They are diversifying more and more. It’s a tough call how you’re doing it, but I really like that company in the long term.
U.S.manufacturing is already in a recession.... Fed cut rates 3 times(?) last year.... the economy is on fumes and the stock market has been riding the trump tax cut high, for the last two years. It is going to hit, and hit hard. It is going to be difficult to help stimulate the economy because the fed has not significantly raised interest in a very long time. There is almost no where to go to drop interest rates. Businesses are starting to feel it. It seems like we hear about more layoffs every week, and it seems like small businesses are folding like crazy.... Better start squirreling that cash away....
Really? All the businesses I see can't find enough people for jobs. It's an employees market right now.
I think the first couple things you said were right though, but I'm not sure if the job market is going to necessarily reflect what happens to wall street this time. There isn't enough people to do the work right now.
Always have a stop in mind. Most would put that above the recent high. If you get a new high definitely close the short. Although, this is assuming you aren't using stupid leverage.
We’ve been hearing about small business failure for a long time now too. It’s the nature of the beast. Always new startups and always new failures.
I try to get in and get out in the same day, understanding a few hundred here and there is okay so long as i don't touch my actual investments. I buy-and-hold and then trade on margin. My biggest problem is not selling out quic enough on a loss. A $1,000 loss eats up several gains very quickly.
Nice move but you're seeing resistance start right now about 14.86 (50 week MA and several gaps).
I kick myself on the amazon, Microsoft, and Netflix I sold back in the day. Oof. I’m a bit more willing to wait now.