Not exact matches
If those options were exercised and the
stock was then sold at, say, $ 40, it would amount to a bonus
of almost $ 330 million — the
market price less the strike price, times the number
of options granted — paid
out to Siebel employees
over the next nine years.
«These people write books saying if you just cut
out a cup
of coffee a day and invest it in the
stock market, you can make millions
over the years.
Out of the five defense companies to receive
over $ 10 billion from the U.S. government in 2016, four rose in value on the
stock market Wednesday.
While
stocks have a terminal value beyond a 10 - year period, the effects
of interest rates and nominal growth on those projections largely cancel
out because higher nominal GDP growth
over a given 10 - year horizon is correlated with both higher interest rates and generally lower
market valuations at the end
of that period.
As broad
market conditions have been eroding
over the past month, subscribers
of The Wagner Daily newsletter who have been following the signals
of our
market timing system should be quite happy now because they would have been
out of all long positions
of individual
stocks just a few days before last Friday's (October 19) big decline, thereby avoiding substantial losses and the pain that is now being felt by traditional «buy and hold» investors right now.
The speculator will drive prices to extremes, while the investor (who generally sells when the speculator buys and buys when the speculator sells) evens
out the
market, so
over the long run,
stock prices reflect the underlying value
of the companies.
[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the
stock market drops [05:45] Getting rid
of your fear
of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell on corrections [06:55] Bear
markets come every 5 years on average [07:10] The greatest opportunity for a millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios
over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think
of the current situation [12:45] The office is far bigger than the occupant [13:35] Information helps reduce fear [14:25] James's story
of the billionaire upset
over another's wealth [14:45] What money really is [15:05] The story
of Adolphe Merkle [16:05] The story
of Chuck Feeney [16:55] The importance
of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25] By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome
of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55] Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit
of focusing on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit
of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself
out of suffering [43:40] Focus on appreciation, joy and love [44:30] Step
out of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping
out of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?
In view
of the fact that the
stock market action has gotten a bit
out of hand again this week, we are providing a brief update
of charts we have discussed in these pages
over the past few weeks (see e.g. «The Flight to Fantasy»).
One risk that your readers have, given the disappointments they have suffered
over the past five years, is that they may mistake normal bull
market consolidation as having been a false start
of a bull
market and mistakenly get themselves shaken
out of owning a
stock.
In spite
of the Chinese
stock market's perceived relative unimportance, the Chinese authorities have pulled
out all the stops to ensure that equity volatility does not spill
over into the wider economy.
You'll need to have the stomach to tough
out bear
markets, where your shares may halve in value or more —
over the average 25 - year life
of a mortgage, you're certain to see two or three
stock market scares.
Workers who cashed
out because they were watching their account balances dwindle in the
stock market carnage following the 2008 debacle, could have instead liquidated the mutual funds inside the 401 (k) and rolled
over the cash to their own IRA at an institution
of their choice.
Drexel Burnham led the transformation
of the
stock market into a vehicle for corporate raiders to take
over companies, load them down with debt and pay
out profits as interest.
Plenty
of studies warn against this, including one that shows that missing
out on just 10
of the best days in the
stock market over 160,000 daily returns in 15
markets around the world can cause you to end up with about half
of what you would have earned if you had stuck with an index fund
over time.
I stand by the fact the SEC wanted control
over FIA's because their are billions
of dollars coming
out of the
stock and bond
markets.
The author shares that «Only 14 percent
of all managed mutual funds beat the
stock market average in each
of the last three, ten, and fifteen year periods» and the number is actually likely a lot lower when you take
out all the fess and tax liability
over this same period (p. 42).
BlackBerry Appworld unlike every other mobile application
market out there today is poorly
stocked with just
over 60,000 applications to date but for folks like me, 99 %
of the apps we need are readily available there or via developer websites.
Over time these volatile periods in the
stock market's history have «evened»
out to a real «average return»
of 8 %, however, unless your investment time frame is 50 or more years, you can not rely on these skewed returns with any degree
of certainty.
Out of 9,194
stocks tracked by Standard & Poor's Compustat research service, 3,518 are now trading at less than eight times their earnings
over the past year — or at levels less than half the long - term average valuation
of the
stock market as a whole.
Any time you're
out of the
market you're safe from a sudden plunge, but you're more likely to miss periods like the 13 months following the 2009
market bottom, when global
stocks rose
over 80 %.
Over the past 20 years to the end of October, 2016, stocks with positive earnings over the prior 12 months represented about 59 % of the market (304 out of 518 stoc
Over the past 20 years to the end
of October, 2016,
stocks with positive earnings
over the prior 12 months represented about 59 % of the market (304 out of 518 stoc
over the prior 12 months represented about 59 %
of the
market (304
out of 518
stocks).
Of course things could have turned out differently, and there certainly are more bear markets in our future, but at least for now, those of us who braved the storms can pause and reflect on our good fortune (at least with respect to the stock market over the last 2 - 3 years
Of course things could have turned
out differently, and there certainly are more bear
markets in our future, but at least for now, those
of us who braved the storms can pause and reflect on our good fortune (at least with respect to the stock market over the last 2 - 3 years
of us who braved the storms can pause and reflect on our good fortune (at least with respect to the
stock market over the last 2 - 3 years).
To filter
out what he calls «short term noise in earnings,» and get a measure that affords a better fix on what kind
of prospective returns one can expect from
stocks, John calculated the
market's P / E using the highest earnings posted
over the preceding decade.
So while the
stock market DJIA, +0.90 % SPX, +0.56 % created about $ 32 trillion in lifetime wealth
over this approximately 90 years, more than half
of that came from only 86 top - performing
stocks (
out of nearly 26,000).
Stock market ETFs return close to 10 % (unadjusted)
over long periods
of time, which will
out - earn almost any other option and are very easy for a non-finance person to invest in (You don't trade actively - you leave the money there for years).
My point is simply that it's very likely that if you are moving money in and
out of stocks based on volatility, you're much less likely to get the full
market return
over the long term, and might be better off putting more weight in asset classes with lower volatility.
In fact value investing is one
of the most successful ways to invest in equities and the developer
of Efficient
Markets Theory, Eugene Fama, himself pointed out in a 1992 paper that value stocks outperform growth stocks over time — a finding that would fly in the face of efficient m
Markets Theory, Eugene Fama, himself pointed
out in a 1992 paper that value
stocks outperform growth
stocks over time — a finding that would fly in the face
of efficient
marketsmarkets.
Regardless
of what the exact figure is, the fact remains that the
stock market has beaten the crap
out of any other asset or strategy
over the long run, and will likely continue to do so.
That's exactly what you want in the short - term,
over a few months to a couple
of years, when an unexpected event — like a recession — could simultaneously put you
out of work, and also send the
stock market falling 25 % in a matter
of months.
They have also broken
out the performance
of value
stocks during Japan's long - term bear
market over the 1990 to 2011 period, when the
stock market dropped 62.21 percent.
There are definitely studies showing that certain profiles
of stocks DO beat the
market over the long run, as you pointed
out.
Age - based investment options are often a popular choice among families saving for college with a 529 plan because they reallocate a percentage
of assets
out of equity - based funds (which have more
stocks) into more conservative, income - seeking funds (such as bond and money
market funds)
over time.
Pulling in other types
of stocks Over time, various investment strategies and styles go in and
out of favor, sometimes outperforming and sometimes underperforming the broad
market.
I spent a lot
of time in our local library pulling
out microfilm & microfiche and looking up
stocks, bonds, indexes, cost
of living / govt info, real estate, etc information from ~ 1900 until (then) recent times in the wall street journal (this was pre internet — what took many weeks then now just takes a few minutes, but the Lotus 1 -2-3 spreadsheet program was very helpful in doing the analysis) and then analyzed the results and concluded that the «only» investment strategy that made any sense was 100 %
stock (absolutely the best return
over time); but... there was that pesky thing called recessions, depressions,
stock market corrections etc..
Corporations which need relatively regular access to equity
markets to raise new funds, will tend to pay
out 70 % to 80 %
of earnings as dividends in order to give these companies enhanced ability to sell new issues
of common
stocks, say every 18 months to two years, at prices reflecting a premium
over book value.
On average, 13 companies pass per month, but as illustrated
over the last two months, the screen will, at times, be effectively
out of the
market when no
stocks meet the criteria.
If you live below your means, start investing early, continue to invest a portion
of every paycheck, max -
out on tax - deferred accounts, and put your money in the
stock market which has higher overall rates
of returns
over time than bonds or CDs, you can become a millionaire too without starting your own business.
If you live below your means, start investing early, continue to invest a portion
of every paycheck, max -
out on tax - deferred accounts, and put your money in the
stock market which has higher overall rates
of returns
over time than bonds or CDs, you can become a millionaire too...
When I first started
out in the
stock market a couple
of years ago I ended up losing
over $ 8,000 in my first 2 years (a lot
of money for me at the time).
As Greenblatt notes «Imagine diligently watching those
stocks each day as they do worse than the
market averages
over the course
of many months or even years... The magic formula portfolio fared poorly relative to the
market average in 5
out of every 12 months tested.
By the way, there is sort
of an analogy here to the
stock market: It is often noted by the sort
of people who write mutual fund reports that if you just missed a few short periods
of time in the
market over the last few decades (e.g., say, the N best weeks where N is a fairly small number), you would have missed
out on nearly all
of the
stock market gains.
Leonard Stecklein, senior vice president
of annuities and accumulation products at Northwestern Mutual, says his company has many young annuity holders who can ride
out the highs and lows
of the
stock market over time.
This video was to simply show you an example
of the last 10 years (sometimes called the lost decade due to continual losses in the
markets) and how being indexed, and not loosing when the
stock drop,
over time, will work
out WAY better in the end.