January Stock Market Outlook

December felt like a roller coaster for me this last month but when the month ended, we were up a lot for the month and over a year ago. I don’t quite know how after selling some stock and with all the negative political news on TV again in December. 

Myself and Mrs. RE. had a fun meeting even though we were dealing with more Teeth issues for her. We did have fun on a family cruise and planned a new cruise for next year. This time for a whole week. We told the boys Christmas day and they are excited. I hope we won’t have to sell any stocks to pay for the trip but we may have too. I am hoping for a big tax return. LOL

Different Sources

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;

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January Crystal Ball thoughts (LOL) from some sources are; From Brinker Jan 2020 report today said the following: 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.

Good Reading

The Brinker Report talked about that with “investor euphoria, one of the most dangerous signs of investor sentiment, remains relatively dormant. This bull market has climbed the wall of worry amidst a healthy level of investor skepticism.” The first day of the month the market started out good and now today after we sent some missiles to Iran the stock futures are pointing way down. Time will tell.

The Briner repost also said “Given the gains that investors have earned, periods of stock market volatility are to be expected. Bases on our analysis, we anticipate that market pullbacks will be limited to the single-digit percentage range over the next several months, as was the case throughout calendar year 2019. Periods of profit-taking should be viewed as the normal consequence of an exceptional bull market run.”

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.

Negative News

The news is still talking about how they are trying to impeach Trump but yet the stock market is still doing good. Hope this Impeachment talk ends soon. 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.

Dividend Stocks

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. If you want to see it let me know. What are your plans?

Dow Jones Industrial Average (DJIA) 28,538.44 on 1/1/20, 26,820 on 10/1/19, then was 23,346.24 on 1/2/19. So, a good start for the year. It was up over a year ago and up 5,192.20 or 22.23% up over end of last year. Yea….  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.

Retirement years

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?

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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