Investing In And Out Of 2016…

“The average investor made just over 5% in 2016, according to Openfolio.
 
That may not sound like a lot given that the Dow is up a whopping 13.4%, its biggest gain since 2013, but most investors don’t put all their money into U.S. stocks. They diversify by investing in bonds, Europe, Japan, emerging markets and commodities like gold and oil.”
 
See 77% of investors made money in 2016 — and women beat men again
I made a whole lot more in my pension-portfolio than the Dow Jones Industrial Average (I have two accounts. One gained 212% and the other only 75% in 2016.). I was smart and lucky to get out of US stocks when I saw Trump coming along. It was just too risky. Instead I invested in gold prospectors/miners (check out the 52-week lows and highs…) where the high price of gold and fear around the globe fuelled phenomenal rises. I did make one mistake that reduced my gains but I’m still laughing. Being a capitalist can be a lot easier than working for a living…

Another year like this and I could retire from retirement… or something. With Trump around there are sure to be wild oscillations in markets, just the thing for the smart investor to lever into wealth. That’s what Trump did. It must be OK. 😉 Good luck to everyone in 2017. We can’t all win on the stock market but, clearly, in a good year, most can and it’s often much better than banking interest or “mutual” funds. Remember to hedge your bets and have a backup plan because as good as it gets things can get a lot worse.

About Robert Pogson

I am a retired teacher in Canada. I taught in the subject areas where I have worked for almost forty years: maths, physics, chemistry and computers. I love hunting, fishing, picking berries and mushrooms, too.
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8 Responses to Investing In And Out Of 2016…

  1. Foobar wrote, “The US stock market is already rallying in anticipation of Trump prosperity.”

    Let’s see. DJIA was headed to 20K a while ago. Now it’s 19799… Looks stalled to me.

  2. You’re an idiot, Pogson. The US stock market is already rallying in anticipation of Trump prosperity.

  3. dougman wrote, “It’s blantantly obvious you won’t, go pound tar sands.”

    Nonsense. I’ll give you dates, prices. You can do the maths. I just don’t want to reveal the particular equities while there is a chance of undue influence. Pros giving advice should reveal whether or not they have an interest in some equity. I prefer to have no interest when I describe history. That’s two layers of separation…

  4. dougman says:

    “I could do that once I’ve closed my positions. Otherwise, the equivalent of the spam we see here could manipulate the price of the stock.”

    LOL…dream on. People talk about stocks all the time on the web, with no ill consequence, but you allege that it would, which is odd to say the least. It’s blantantly obvious you won’t, go pound tar sands.

  5. dougman wrote, “Post your portfolio, since you like to brag so much. “

    I could do that once I’ve closed my positions. Otherwise, the equivalent of the spam we see here could manipulate the price of the stock. I expect I could publish my record in six months or so. By then I will have a new strategy. One has to keep ahead of things.

    There is something happening that might interest you. One of the companies with which I’ve invested has many millions of shares outstanding. Hundreds of investors have thousands of shares. A few have millions. The trading volume is so low that guys like me can’t buy and sell without spiking or sinking the share price so we hold our shares. So, there are two markets. When there’s real news/change, daily volume spikes and the big guys buy and sell. When there’s no news, just little guys and day-traders buy and sell. The two markets are quite different. So when there’s real news good or bad, I trade. When there’s none, I hold. The result is that the “share price” fluctuates wildly over a few weeks.

    At the moment, it’s down which is worrisome because my annuity is calculated on the year-end price… However, the price is so much larger than when I bought that it’s not a real concern. On the other hand the gold is still in the ground and drilling keeps confirming there’s more down there than previous estimates so in the long run the share price keeps rising. That’s why big investors have dumped in tens of $millions at current prices knowing the payoff will be many times their investment. So, it’s next year for me, the big payoff. At the moment I’m laughing. Next year I will be ROFL. It’s all good but interesting.

    I’d be willing to bet Trump will foul up, or the markets will turn south as his rosy forecasts fail and gold will become popular again. All I have to do is wait. I paid so little for my shares that I’m not dependant on any particular outcome as long as there will be a mine. Why would there not be a mine when ore is concentrated far above profitable levels? It takes a few years to go from discovery to mining. I can wait.

  6. dougman says:

    Post your portfolio, since you like to brag so much. Perhaps you could share your knowledge with the rest of us.

  7. dougman wrote, “Dude, you left, while the party was just starting!”

    Nope. I made money on the USD/CDN conversion and the growth of my chosent stocks. I chose one and it grew like Topsy. I sold that and bought another which was growing and it did the same. The only mistake I made was not selling at the peak but I lacked vision… I still made a killing for just sitting in my chair in front of my monitor for a few hours and there’s more to come. The fellows have found lots of gold and they’re just figuring out the most profitable way to get it out of the ground. When they start actually earning money, the stock should explode in price and I will laugh all the way to my annuity. Life is good.

  8. dougman says:

    “I was smart and lucky to get out of US stocks when I saw Trump coming along.”

    Pogsey, you make for a horrible broker.

    If you look at the third-quarter growth in the United States, earnings was at 4 percent. The market had forecast reduction year on year by about 1 percent.

    U.S. stock indexes, have registered post-election gains of 8.7 percent for the Dow Jones industrial average, 5.8 percent for the S&P 500 and 5.2 percent for the Nasdaq.

    Dude, you left, while the party was just starting!

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