Recordatorios Buy & Hold y su Filosofía

Foros Estrategia Recordatorios Buy & Hold y su Filosofía

Este debate contiene 22 respuestas, tiene 5 mensajes y lo actualizó  Preikestolen hace 3 meses, 3 semanas.

Viendo 20 publicaciones - del 1 al 20 (de un total de 23)
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  • #12552

    Preikestolen
    25 temas
    928 resp.

    Cuando las bolsas suben y baten máximos como en Usa, nos preguntamos cuándo caerán para comprar a mejores precios, tener mayor margen de seguridad y obtener una mayor rentabilidad por dividendo.

    Cuado el SP500 baja a 1.800 puntos en agosto 2015 y/o febrero 2016, y sectores enteros son vapuleados (energía, petroleo, financiero bancos seguros, retail…) tenemos miedo de comprar y esperamos por si baja más…

    La prueba más dificil llegaría cuando llegue una recesión y veamos bajar hasta un 40%-50% el valor de nuestras carteras destinadas a generar un income de dividendos que nos permita vivir con libertad financieera, con más libertad de la que tenemos, o como ayuda a una jubilación…
    En esos momentos los cimientos inversores de muchos temblará si o hemos asentado intermnamente las bases de para qué estamos invirtiendo.

    En esos momentos, y como recuerdo, o inspiración para quienes inician éste camino, Os invito a que posteeis vuestras Reflexiones o Lecturas, que nos ayuden a Asentarnos, Reafirmarnos en éste camino de vida-inversión-vida, y a superar los momentos difíciles si es que llegan, cuando lleguen.

    ————————————————————–
    Empiezo por lo último que he leido, que aunque no es básico en su filosofía como tal, sí nos da un Recuerdo de cómo con el paso del tiempo, una inversión puede Cambiar y Mejorar nuestra vida:

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12553

    Preikestolen
    25 temas
    928 resp.

    “If you find a thriving business while it is in its prime, it is stunningly foolish to sell it because it gets a bit overvalued or it goes through a rough period. I suspect the shareholders of Colgate-Palmolive and Nike right now will find themselves in a position in the 2040s that Warren Buffett and Berkshire Hathaway shareholders currently enjoy with Coca-Cola.”

    “I think this staggering results of a long-term Coca-Cola investment in terms of dividend income alone is important to keep in mind if you are tempted to sell your stake in a business that presently appears to be moderately overvalued. If you have chosen the business well, a small bit of compression is still worth the trade-off in order to achieve an end-game like Buffett has with Coke.”

    http://theconservativeincomeinvestor.com/2017/01/25/warren-buffetts-coca-cola-dividends/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12554

    Preikestolen
    25 temas
    928 resp.

    Dividend Investing Is A Slow Shift From Being A Worker To Being An Owner

    “This, by the way, is why I advocate dividend investing with surplus capital: it allows you to become a part-owner of a company and frees you from having to answer to an employer. The CEO of Coca-Cola isn’t going to take your 100 shares of Coca-Cola and say, “You’re fired because you don’t fit in with company culture” because he works for you the shareholder.”

    http://theconservativeincomeinvestor.com/2013/07/27/dividend-investing-is-a-slow-shift-from-being-a-worker-to-being-an-owner/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12606

    Preikestolen
    25 temas
    928 resp.

    http://www.suredividend.com/get-rich-dividends/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12628

    Preikestolen
    25 temas
    928 resp.

    Sobre el error de Endeudarse para Consumir, por ejemplo un vehiculo caro, y el resultado que generaría ese dinero ahorrado e invertido, como riqueza a futuro para la familia.

    http://theconservativeincomeinvestor.com/2017/01/21/new-car-prices-show-us-why-young-americans-cant-get-ahead/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12629

    Preikestolen
    25 temas
    928 resp.

    50 acciones Seleccionadas desde 1.971.
    Resultado de las mismas hasta nuestros días.

    http://theconservativeincomeinvestor.com/2016/04/11/nifty-fifty-stocks-historical-performance-since-1971/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12630

    Preikestolen
    25 temas
    928 resp.

    Filososfía de Inversión a Largo Plazo.

    http://theconservativeincomeinvestor.com/2013/06/26/long-term-investing-is-easier-than-you-think/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12631

    Preikestolen
    25 temas
    928 resp.

    Los tres Componentes de la Inversión a Largo Plazo.
    Diversificación.
    Alta Calidad.
    Dividendos entrantes ( income cash flow)

    http://theconservativeincomeinvestor.com/2013/07/21/the-three-components-of-long-term-investing/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12632

    Preikestolen
    25 temas
    928 resp.

    How to construct a dividend portfolio.

    http://theconservativeincomeinvestor.com/how-to-construct-a-dividend-portfolio-2/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12633

    Preikestolen
    25 temas
    928 resp.

    Master list of Stocks.

    En opinión por supuesto de Tim Mcaleenan.
    Deberíamos variar / incorporar grnades empresas europeas, al observar en 2017 que el Per U.s.a. está alto, salvo las oportunidades que el mercado dé a pers más bajos, en diversos sectores.

    http://theconservativeincomeinvestor.com/master-list-of-stocks/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12672

    Cazadividendos
    26 temas
    453 resp.
    En opinión por supuesto de Tim Mcaleenan

    En su artículo de ayer decía que dejaba el blog, ¿no?
    Gran pérdida, sin duda. Uno de los referentes de la comunidad DGI.

    ¿Mi objetivo? Tener unas rentas por ingresos pasivos suficientes para ser el amo de mi vida.
    Esta es mi presentación

    #12701

    Preikestolen
    25 temas
    928 resp.

    Si Czd. Parece que cierra el blog.

    A mi me encanta pues mas que marear con numeros y ebitdas,
    creo que enseña filosofia de inversión.

    No se queda en los numeros sino que va al espiritu de la inversion a largo plazo.

    Ojala la web quede abierta parapoder entrar a los contenidos.

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #12702

    Preikestolen
    25 temas
    928 resp.

    http://www.suredividend.com/why-shareholders-care-dividends/

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #13453

    Miguel Angel
    9 temas
    227 resp.

    Esto si q es filosofia B&H pura y dura.

    http://www.suredividend.com/voya-corporate-leaders/

    Einstein decia q la fuerza mas poderosa del universo es el interes compuesto. Por una vez, no estoy de acuerdo con este señor. La mas poderosa es uno mismo. Si uno se propone un objetivo y lucha, lo conseguira.

    #13460

    Preikestolen
    25 temas
    928 resp.

    Muy bueno, Miguel Angel.

    La mayor síntexis puede estar en el párrafo final:

    “The financial media is built to promote buying and selling. Don’t fall into this trap.
    Churning your account makes it more difficult to outperform (or match) the market because you generate higher frictional costs – which add up over time.
    Great businesses tend to stay great for long periods of time. Selling them is like slaughtering a golden egg laying goose for food. It’s not a good idea.
    The Voya Corporate Leaders Fund new this in 1935. The Fund has performed better than the market over the last 40 years. It has likely outperformed over 80 years, although performance data for this first 40 years of the fund is not available.
    Investing should not be complicated. Buy high quality dividend growth stocks. Have a long-term mindset. Sell rarely. Build lasting wealth. “

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

    #13492

    Miguel Angel
    9 temas
    227 resp.

    Si, Preikestolen.

    Lo q esta claro es q la estrategia B&H no interesa sobretodo a bancos y brokers, no les generan comisiones y tienen carteras muertas de aburrimiento sin moverse, q es la filosofia del B&H. Por eso sus magnificos departamentos de analistas te van poniendo la miel en los labios q si una accion ha roto una resistencia o un soporte, q s itienes q comprar y ganaras mucho dinero. Ojo, el trading te puede hacer ganar dinero, es cierto, pero es muy complicado tener exito, no conozco ningun analista q se haya hecho millonario con sus propios consejos, ” consejos vendo q para mi no tengo “, lo q les interesa es el movimiento, q compres, q vendas, q vuelvas a comprar.

    Respecto al exito en bolsa ya lo decia Buffett, creo q era el, no pretendia ganar siempre, sino q el numero de exitos superara al numero de fracasos. Y esto es lo bueno del B&H, es mucho mas facil acertar q equivocarse, y todos nos equivocamos. Yo tengo ejemplos para dar y vender, y sino solo hace falta leer el hilo de las mayores cagadas.

    Einstein decia q la fuerza mas poderosa del universo es el interes compuesto. Por una vez, no estoy de acuerdo con este señor. La mas poderosa es uno mismo. Si uno se propone un objetivo y lucha, lo conseguira.

    #13536

    Ruindog
    8 temas
    371 resp.

    Muchos conoceréis a Buyandhold2012, un colaborador habitual de SA que afirma no haber comprado ni una sola acción desde el 2012. Este es su décalogo de por qué nunca se debe vender una acción.

    I have enough trouble trying to figure out which stocks to buy and when to buy them. If I lost my focus on that and tried to figure out when to sell, I would really go off the deep end, literally as well as figuratively.
    My reasons for never selling.

    1) The stock market tends to go up over the long term. Why swim against the tide and sell?
    2) More mistakes are made by selling than by doing almost anything else in the stock market. How many investors sold stock XYZ at 100 only to see it rise to 10,000 over the next ten or twenty years? Plenty.
    3) By selling you are interfering with the miracle of long term compounding, which is the eighth wonder of the world. Never mess with long term compounding.
    4) If I sold any of my stocks, I would have to pay a capital gains tax. That would be more painful to me than a root canal or listening to a three hour speech by Elizabeth Warren.
    5) It makes no difference over the long term if a few of your stocks are real dogs or even go bankrupt. Your long term winners will more than compensate for your losers.
    6) The stock market is volatile. Reacting to news is a mistake.
    7) My portfolio has fluctuated in value quite a bit in 47 years, but my total dividends have always gone up.
    8) The best decision when one of your stocks falls in value substantially is usually to buy more shares.
    9) Time in the market is an investor’s best friend. Give your stocks time. Don’t abandon them.
    10) My stock market mentor never sells anything. Not even one share of stock in 51 years unless forced to sell by a cash buyout. It has always cost me money in the past when I did not follow my stock market mentor’s advice.

    Buy and hold is definitely not dead. Buy and hold is the Holy Grail of successful stock market investing.
    In our fast paced age, many investors like to trade in and out of stocks like children with attention deficit disorder. These investors frequently end up just running around in circles.
    But the best investors at a large brokerage firm were either dead or had forgotten that they had stocks in their accounts. That means that the less trading that you do, the better. Just buy and hold.

    Un optimista es un pesimista mal informado

    #13732

    Ruindog
    8 temas
    371 resp.

    Palabra de Chowder. Amén 😉

    An important review on what the dividend growth strategy is about.

    Dividend growth investing is a plan for builders and savers who understand, or want to understand, that the forces of time, modest and reliable growth, and compounding are on their side.
    Investing is the methodical accumulation of capital through a disciplined and sensible plan that recognizes that shares are not little numbers that jump around in the paper every day. They represent a partnership interest in a real and ongoing business, a business that earns a decent profit, shares that profit with you, and grows the amount of profit shared on an annual basis.

    A dividend growth investor knows that their portfolio value will go up and down, as this can never be avoided if you are to have reasonably good long-term gains. However, a dividend growth investor won’t be bothered by the downs, because they understand why the price is down, and they know that prices will rise over the long run. Their confidence level is high because the strategy is based on common sense.
    Common sense dictates that the only hope for long-term success is having the ability to stick with the plan.
    Common sense in investing means employing a strategy that is actually linked to the companies in which you’ve invested. Investing is about being a partial owner of a real business.
    Common sense means spreading out your risks, but not so much that you lose control over your portfolio.
    Commonsense investing is about establishing a comfort level that allows you to stay calm while others around you are in the state of panic or deep concern.
    When you lose your comfort level, you become fearful, greedy, superstitious, intuitive, prayerful and victimized. You enter into an emotional state that ultimately provokes investing mistakes.

    Dividend growth investors manage equity portfolios for dividend growth because we happen to believe it is the best strategy for making money in the current economic and financial environment.
    I believe that a portfolio that provides a steady and growing stream of dividend income is the best way to finance a secure retirement without having to worry about the fluctuation of stock prices.
    Most investors ask, “What’s my account’s current value?” A dividend growth investor asks, “How much dividend income did my portfolio generate?”
    Most investors ask, “How much was my account up or down this year? A dividend growth investor asks, “How much did my account’s income grow this year?”
    Most investors ask, “Where is the stock market going this year?” Dividend growth investors don’t try to predict short-term swings in the market.

    A dividend growth investor doesn’t focus on capital appreciation, because we never know when it will show up. A dividend growth investor is more concerned with the safety of the dividend and its potential for growth. A dividend growth investor understands that if a company is solid enough to continue paying and raising the dividend, capital appreciation will follow.

    Un optimista es un pesimista mal informado

    #13807

    investing.saints
    8 temas
    236 resp.

    Más de Chowder (yo suelo leerle usando: http://seekingalpha.com/author/chowder/comments):

    In reviewing the long term results of Jeremy Siegel’s research, he found that of the top 25 companies in total return (1957-2003) that more than half of them were consumer staples.
    People often pull up a long term chart, see what the performance was vs the market, and that’s pretty much their due diligence. Sort of like the person who found a new toy in FAST Graphs. Oh look, see how well you could have done.
    Chuck says FAST is a tool to think with, it’s not a tool that decides buy and sell signals like technical indicators do. So let’s think a little bit.
    What made consumer staples so successful when you look over long time frames (decades not short term time frames)? The characteristics of successful long term investments are:
    1. They have brand name products that own market share having the top one or two name brands in the market place,and they’re able to market those products worldwide.
    2. They have low growth expectations. That’s right knuckleheads, I said low growth expectations. — When one is purchasing a company with high growth expectations, market sentiment attaches an optimistic valuation to that company from the get go. It’s already overvalued when you think you’re getting fair value. You are paying a premium for that expected growth. How long do you think that high expected earnings growth will continue? If a company is expected to show 15% earnings growth and it only shows 12%, the price takes a hit and it may take several years before the excessive valuations work their way out, especially if that earnings growth doesn’t bounce back. — When a company has low expectations, market sentiment attaches a negative valuation to those companies and when the poor results come in, they weren’t as poor as expected and the price rallies. It’s why CAT and DE had such good years in 2016 and they certainly did better than most growth companies.
    3. The ingredient that is one of the characteristics of the top 25 performing companies over the decades of research done by Siegel and not just for the consumer staples but for most companies, is a high level of dividends that got reinvested back into the underlying company.
    These are the characteristics of long term winners.
    Think about it.

    #13808

    Preikestolen
    25 temas
    928 resp.

    Gracias por las últimas aportaciones, Ruindog e InvestingSaints.

    No conocía a éste Chowder.
    Había leido su nombre varias veces pero me sonaba a método: “el método chowder, tiene nombre de método.”
    Ahora ya veo en seekigAlpha que ha escrito 15 artículos y 15.000 comentarios.

    Lo bueno de éste camino bolsero es que además practicamos el idioma inglés casi a diario!!!

    Saludos.

    "Atrévete a Vivir la Vida que has Imaginado" Henry James

Foros Estrategia Recordatorios Buy & Hold y su Filosofía

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