December Stock Market Thoughts

Why can’t ever month be like November was for the Stock Market. It was a fun time doing our End of the Month reports this month and seeing how much our Net Worth went up.

December is here now and we will see what the news on the Covid-19 Vaccine coming soon will do to the Stock Market this month. Also, now it looks like Biden will be our next President we will see how that effects the Stock Market in 2021.

Where we live the Snow Birds are back and the businesses that we go to each week seems to be doing really well currently. Let’s hope that Biden doesn’t do anything to hurt Business growth in the future. We need Businesses to keep growing and staying profitable for our Stocks to keep growing.

Some friends don’t like Stocks and investing heavy in other areas like Real Estate or Digital Currency. But it seems like a lot of negative news out there right now about people not paying their rents and about Small Businesses that are closing up. That will effect the Real Estate Markets profitability for sure. We do have money in Real Estate also because we want to be some what diversified but we have more in Stocks.

Everyone has different situations and investments but hopefully this blog gives you ideas on ways to improve your situation. Even though it is for entertainment purposes only. I know we are so thankful that we live Debt Free and have one steady income right now since our Investments could be paying out less for a while till our economy recovers from this.

If you know people that are going through a tough time with their finances maybe suggest they buy a copy of my Book called “MONEY $ECRET$ TO MAKE YOU RICH”. Especially this year it is showing how many people are not prepared financially prepared for tough times.

We do enjoy these months were the stock market has some solid gains. We had 100% of our stocks up for the month and our other investments did well also.

When it comes to our Stock Market monthly thoughts, I like to read a lot of information from many different sources. I have narrowed down my readings to trusted advisors. You can get confused and lost if you try listening to everyone out there. There is a lot of noise for sure. This blog is in no way giving you any financial advice or legal advice or health advise. You need to see a professional for that. That is my disclaimer for all my blogs and this one also.

Some of the sources we like to read info from Fidelity Investments, Charles Schwab, Bob Brinker Report, Zach’s, Fisher Investments, American Association of Individual Investors (aaii), The Independent Advisor for Vanguard, My brother, A few friends and my Dad. Below are my January Stock Market thoughts and where we are invested;

– 27.04% in Real Estate

Mills Family is currently at; TO READ IN FULL CLICK HERE

December Crystal Ball thoughts (LOL) from some sources are;

I like reading the Brinker Report and aaii.com the most. I feel good reading a lot of information but I still believe in riding out the roller coaster for our situation. There is a wide range of choices and it seems like more companies are getting into the Robo Advisers game. I feel this is the future and I can see us going this route with some of our Investments someday.

AAII journal Magazine / November 2020 issue

“Sentimental Survey Results for Week Ending 10/14/20 Data represents what direction members feel the stock market will be in next six months. Historical Average 38% for Bullish but survey results was 34.8% for Bullish. Neutral was 29.5% and for Bearish was 35.7%.” I am hoping to see the Bullish numbers keep going up higher.

“Asset Allocation Survey from September 2020 showed Stocks and Stock Funds at 63.6% versus Historical Average of 61%. Bonds and Bond Funs show 17.9% versus 16% Historical Average. Then Cash is at 18.5% versus 23% Historical Average.” Looks like to me that people are more Bullish than the Survey results showed above.

AAII Staff showed in a chart that Retirement Withdrawal Strategies Used by AAII Members that slightly less than 6% of respondents are using the 4% Withdrawal rule for their retirement. I was surprised by that. That is our strategy. Most used required minimum distributions rule for withdrawals, that was 45% of the respondents. Over 20% said they only take out what they need for Expenses.

Kiplinger Magazine December 2020 edition – Article below written by Nellie S. Huang

Our Favorite Dividend Stocks In a wacky year, payouts from our income picks held steady.

“The past year wasn’t a great one for dividends, but in the end, it wasn’t horrible, either. Early on, when the pandemic shit down the economy and uncertainty reigned, a slew of companies suspended or trimmed their dividends. So far this year, 42 firms in the S&P 500 index have suspended dividends and 25 have trimmed payouts.

As the economy reopened, albeit in fits and starts, some companies reinstated their dividends—either in part or level with previous payout amounts—including Foot Locker and La-Z-Boy. “I’m not losing sleep about something terrible happening to dividends,” says John Buckingham, editor of the investment newsletter The Prudent Speculator. In fact, Buckingham predicts that the total dividend payout in 2020 for the S&P 500 will come in at $58.78, slightly ahead of the bench mark’s payout of $58.69 in 2019. “We just went through Armageddon and for the S&P 500, there was no reduction in dividends,” Buckingham says.

Mot one of the Kiplinger Dividend 15, our favorite dividend stocks, suspended or cut its payout this year, though the pandemic posed challenges for some of the firms. In fact, nearly all of our companies increased their payouts over the past 12 months. And as a group, The Dividend 15 stocks yield an average of 3.4%–roughly double the yield of the S&P 500.”

As you know I am a fan of Dividend stocks and in 2020 we had 3 of our 18 Dividend stocks suspend paying out Dividends and a few more lowered their Dividends. Ughhh… LOL Hope they come back in 2021.

Stimulus talks they say will be back on after the Election. Time will tell if it happens or not. Let’s hope it does. We don’t need a check but it sounds like the Stock Market wants to see help for Small Businesses.

I sure like it when the markets bounce back. It is no fun when the market seems to be sliding downward everyday and in some big numbers. Even though we still have some stocks in some sectors still way down but I hope they will come back once this Covid-19 stuff is over and all the riots are done. We need some positive News on the TV.

There will be months and years down and months and years up. I still feel the long run will be positive and we will have a comfortable retirement in Arizona.  I just hope it is the normal rollercoaster of the stock market and nothing more. I try my best to check my accounts once a month so I don’t drive my nerves crazy by daily ups and downs. Another reason I like Dividend stocks. Even though a few of my Dividend stocks canceled paying Dividends till there stock prices and profits come back.

I don’t think we will ever see Fake News end. We may always hear some of the truth and some fake stuff in the news. Hopefully people won’t react and just leave the money in stocks. Remember stocks is a long-term vision for most. But I see a lot of volatility the next few years.

For sure it isn’t fun when stock values are down, but remember that the stock market in the past has been like a roller coaster of going up and down but over time it has gone up more than down. 

I look at all the people out driving cars, spending money, going to work and those are all good signs of a good economy. Not to mention down here in Arizona there is major growth of Office Buildings, Job openings and houses being built. That means to me a strong economy.

My stocks in my Brokerage Account are all dividend stocks and I am in it for the long run. I am hoping to live off the dividend in to my 70’s. Even though a Financial Adviser tried talking me out of taking Social Security till age 70, I am still planning on waiting till age 70. I have done up a new projection for our family plans taking us to age 95. We are hoping our 4% withdraw plan works out for us. If you want to see it let me know. What are your plans?

Dow Jones Industrial Average (DJIA) 29,638.64 on 11/30/20 26,501.60 on 10/31/20, then was 28,109.74 on 11/1/19. It was up over a year ago, up 1,528.90 or up 5.44%. Nice… If you see the chart of the last 12 months it looks like a wild roller coaster ride.

I know there are many different sources of investment opinions out there. They all say they are the best. You can find some that say dooms day is coming and some say buy now the market is going high. Who knows, I like aaii, Bob Brinker, Fidelity, Charles Schwab, Angels and Entrepreneurs network and Zach’s for my blended info on the market. I feel if I take any more info in it can get even more confusing.

My kids I would love that they grow up debt free and invest in companies that seem safe and long term. If I could only go back in time and invest all my money I made as a kid into Microsoft. Another dream of mine. I could be living quite well just off the dividends.

At my age I am getting less risky and more into conserving our money to last us during our retirement years. It could be the wrong strategy but that is what we are doing currently. Things could always change in the future or once the boys move out.

People want to make more money each year so the companies need to make more money each year and to keep growing. So, I am positive for the outlook in United States companies. What are your thoughts?

We pray that Coronavirus will be come to an end and they find a cure and vaccine for it. We don’t want to see any more people get sick or die from it. Keep thinking positive thoughts.

Here is a positive quote I like; “Remind yourself daily that there is no way to happiness; rather, happiness is the way.” ― Wayne W. Dyer, Change Your Thoughts – Change Your Life: Living the Wisdom of the Tao

Don’t give up on your dreams; don’t let others talk you out of your dreams. Make your dreams happen. Make it happen today.

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