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Title : Idle Chatter On The Market -- May 5, 2017
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Idle Chatter On The Market -- May 5, 2017

Disclaimer: this is not an investment site. Do not make any investment, financial, travel, job, or relationship decisions based on what you read here. In this particular case, I am only stating what I plan to do if I win a $1 million+ lottery. This is not my recommendation for anyone else.

In my 40+ years of mediocre investing, I've never seen such clear-cut options for those who want to invest in the equity market (NYSE or NASDAQ). For me there are three options if I win the $1 million + lottery:

a) one-half goes into AAPL and one-half goes into Berkshire Hathaway (Warren Buffett). One could live off the AAPL dividends but if not enough, then sell a portion of Berkshire shares at one year + one day, paying capital gains tax
b) if one thinks WTI will never go below $40 again, then put the entire $1 million into oil and oil service companies
c) if either of those options are too extreme, then simply put the entire amount into a John Bogle mutual fund and forget about it

That's what I plan to do if I win the $1 million+ lottery. Plus buy a new bike. Plus an expensive bottle of Scotch. New shoes for my wife. Ditto, a new purse. A chocolate croissant for Sophia. And a new iPad for Sophia. But that's about it.

With regard to AAPL, these are the current price targets:

 With regard to Warren Buffett: he's finally seen the light when it comes to technology and 21st century investing.

http://ift.tt/2dZyQXu

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