In reply to dculberson :
Home brew my friend.
I'm a statistician and all of the off-the-shelf stuff I've seen either ignores important variables or lacks resolution i.e "here's our plan for 60 to 65 year old's"...I'm 60.351 years old dagnabbit, hold my beer while I math the berk out of this formula and get it to a razor, laser sharp point. 
I don't know how much money I have or when I'll retire. They tell me that in my retirement, I'm funded to have my accounts continue to grow. My 'savings' go to another manged account that is in mild risk, but not anything like my choices here. Meanwhile if I had kept my AMZN on Oct 24th, I'd have >15% more return that I've had on UPS.
Tesla is on fire!
Wait...
Let me rephrase that.
TSLA is over 300!
LOL.
We bought carnival cruise line stock a while back at 7.80... it is now around 24.50.
I set it up to sell at $25, but I'm wondering if I should ride it further.
should have bought it and royal Caribbean during covid. RC actually gives discounts to stock holders who have at least 100 share.
Oh man yeah Royal Caribbean popped off after covid ran it's course.
So, some people are talking about why Mr. Buffett (no, not Jimmy) is selling so much stock. Maybe he knows something?
https://www.msn.com/en-us/money/topstocks/why-is-warren-buffett-selling-so-much-stock/ar-AA1tNhYc
I was very surprised to see this in the article...
The forward looking P/E ratio of the S&P 500 is currently around 22.2 which is pretty frothy but trying to time the market has proven time and again to be a fool's errand.
I just buy and hold and let the fundamental principles do their compoundy thing.
"The market takes the stairs up and the escalator down"...we'll get a nice correction at some point and selection bias will have the few that timed it right mistake luck for talent and brag publicly causing some to take unnecessary risk due to behavioral factors like greed, FOMO, etc..
Whatever, I just do what the math sez' I should do and not worry about any of it.
You'll need to log in to post.
