Latest / Earn Your Leisure / S&P 500's Stellar Performance in 2023 – Insider Tips on Investing!

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S&P 500's Stellar Performance in 2023 – Insider Tips on Investing! · Earn Your Leisure

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  Speaker 2: That's in p. Five hundred. Has returned fifteen percent in
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  Speaker 2: the first half of the year with an unusually smooth ride.
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  Speaker 2: So what are your thoughts on the performance so far
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  Speaker 2: this year? For those that feel they have may have
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  Speaker 2: missed out on this run, what do you recommend?
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  Speaker 3: This is why holding long term is key blockbuster a year.
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  Speaker 3: So as a result, when we are up this much
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  Speaker 3: halfway throughout the year, we usually either end up twenty
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  Speaker 3: six percent positive for the year or we end up
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  Speaker 3: eight percent. I know there's a lot of analysts predicting
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  Speaker 3: a thirty percent drop from here. I don't see it happening.
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  Speaker 3: I don't know where you're getting your numbers from. If
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  Speaker 3: you get the iPad, the new iPad with the chet
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  Speaker 3: GPT in it, you'll see true mathematical formulas off. So
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  Speaker 3: maybe you need to adjust, but I think we should
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  Speaker 3: end up at least twenty twenty one percent up for
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  Speaker 3: the year. The biggest lesson is to hold ets and
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  Speaker 3: indexes for the long term. I don't like, I don't know.
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  Speaker 3: I know two tech two index has almost become like
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  Speaker 3: catchy and gimmicky at this point. But there's a reason why.
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  Speaker 3: If you look in twenty twenty, that's p why it
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  Speaker 3: was that two twenty seven, it's now at five to
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  Speaker 3: forty five. So through COVID, through presidential concerns, through leadership,
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  Speaker 3: through sectoration, lies, this has continued to go up. So
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  Speaker 3: pick one that you want to invest in, hold on
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  Speaker 3: to it daily for five years, ten years, and you'll
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  Speaker 3: be good.
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  Speaker 1: So you're saying twenty one percent, that means that we're
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  Speaker 1: gonna at minimum climate another six percent. If I'm backing
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  Speaker 1: recor yes, no, so here that that's pretty that's great
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  Speaker 1: because here's what the math has shown since over the
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  Speaker 1: past forty years. Over the past forty years, the essen Yeah,
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  Speaker 1: you know, I want to do a little research. So
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  Speaker 1: over the past forty years, the S and P has
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  Speaker 1: gone up in double digit percentage in the first half
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  Speaker 1: of the year. Out of those fourteen times that has
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  Speaker 1: done it, it's gone higher twelve times, so that's eighty
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  Speaker 1: six percent, right on average. When it does this, it
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  Speaker 1: goes up on average a minimum of ten percent. Oh wow, okay,
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  Speaker 1: I'm under yeah, right, you're right. I mean, if you're
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  Speaker 1: saying six that's actually undershooting it. It actually does ten
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  Speaker 1: percent higher. And so I mean that's a lot pretty
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  Speaker 1: good research, right, We're talking about forty years of data,
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  Speaker 1: and it really it comes down to what these techtocs
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  Speaker 1: do pretty much. So the first half of the year,
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  Speaker 1: Nvidia contributed to thirty percent of the gains in the
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  Speaker 1: S ANDP that Microsoft, Alphabet, Amazon collectively, those three companies
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  Speaker 1: collectively contributed to twenty six percent. So you got four
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  Speaker 1: companies that have contributed to nearly well over fifty percent
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  Speaker 1: of the gains in the S and P. Four companies.
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  Speaker 1: So people came into this year. Obviously, twenty twenty three
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  Speaker 1: was a reboundier in tech from twenty twenty two. We
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  Speaker 1: all thought the fred rate was going to happen six
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  Speaker 1: of them that hasn't happened it. We got zero. But
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  Speaker 1: on video and the AI revolution has carried it for
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  Speaker 1: the first half m hm. The question is like, so
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  Speaker 1: people actually should they get in? Well, yeah, what are
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  Speaker 1: your thoughts on the AI revolution? What do you think
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  Speaker 1: about in video and with the presumed let's say two
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  Speaker 1: FED cuts like that will probably happen. Do those conditions
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  Speaker 1: warrant you to say, yes, it's time. This is based
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  Speaker 1: on the research that I've done, this is a time
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  Speaker 1: that I should get in. People talk about pullbacks all
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  Speaker 1: the time. Can it happen? Yes, It's happened two times
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  Speaker 1: out of the last forty years when the SSP has
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  Speaker 1: had a double ditch game. So is it possible? Yes?
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  Speaker 1: What does the historical data show us eighty six percent
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  Speaker 1: of the time it doesn't.
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  Speaker 2: Yeah, we can make this more complicated than it needs
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  Speaker 2: to be, but it's always a good time to invest
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  Speaker 2: in the S and P five hundred. That's the whole
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  Speaker 2: point of index FINT. In any research, whether it's Warren Buffett,
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  Speaker 2: whether it's Paul tudor joke. Everybody has always championed index
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  Speaker 2: funds as the safest way to invest by dollar cost
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  Speaker 2: averaging by putting amounts of money into it every single
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  Speaker 2: month because you get the total market and that so
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  Speaker 2: it's never a bad time to invest in index funds.
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  Speaker 2: That's the easiest way to go. Like I said, we
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  Speaker 2: can make it more complicated if you wanted to, if
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  Speaker 2: you want it, if you wanted to be more complicated,
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  Speaker 2: because you feel like that's going to help you in
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  Speaker 2: your quest for you know, superior information and you feel
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  Speaker 2: like you're a market expert. But the short answer is
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  Speaker 2: that you should always invest in the S and P
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  Speaker 2: five hundred every single month because that's the most intelligent
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  Speaker 2: way to actually go about it, and it's the safest
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  Speaker 2: way to go.
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