View single post by Ultimark
 Posted: Wed Mar 26th, 2014 06:38 am
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Ultimark



Joined: Sun Oct 28th, 2007
Location: USA
Posts: 6911
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Yea, I have been reading a lot of stuff like that.  Have read books in the last 3 months by John Bogle, Warren Buffett, a very old one by Benjamin Graham, Jim Cramer and about 6 others.  Have come to the conclusion that I should keep a healthy amounts in stock and bond index funds and go the opposite direction of everyone else with picks that hopefully will outperform.  Just bought KO.  Bought NLY in December near it's low.   Again, sticking mostly with low cost index funds though.  Have lightened up overall stock exposure because the PE ratio is higher than it's historical norm.

I have learned all of this from books over the last year.  Wish I had cared about this stuff 20 years ago.

I was responding to Blue Thunder


 

Last edited on Wed Mar 26th, 2014 06:38 am by Ultimark