As a now retired income investor, I follow the macro events that dictate what investments may perform better at various times throughout the economic cycle. Tech stocks have been driving the majority of market gains over theNow retired, I am an income-oriented investor seeking high yield income to support my lifestyle in retirement.I became deeply interested in the stock market beginning in late 2007 (bad timing for me but worse for my uncle) when I received an unexpected inheritance. Since that time I have ...

Copart, Inc. (NASDAQ: CPRT ) is a technology company that specializes in online vehicle auctions, connecting a wide range of sellers, such as insurance and rental car companies, with buyers. The company provides auctions and remarketing services for used, wholesale, andDear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional background ...

Back in December 2024 Seeking Alpha published my article titled , "Four Growth Stocks For The Fourth Industrial Revolution." Now, nearly one year later, it is time to revisit those picks and see how they have beenNow retired, I am an income-oriented investor seeking high yield income to support my lifestyle in retirement.I became deeply interested in the stock market beginning in late 2007 (bad timing for me but worse for my uncle) when I received an unexpected inheritance. Since that time I have done consi ...

长期资产回报表现 - 过去200年间，股票实现了每年4.9%的实际回报率，显著高于传统60/40投资组合的4.2%、政府债券的2.6%以及黄金的0.4% [1] - 历史表明，投资者因承担风险并通过股票股息和债券票息进行复利投资而持续获得回报 [2] - 在过去70年里，由低估值股票构建的投资组合每年比高估值组合的表现高出近9个百分点 [3] 估值与市场表现 - 起始估值是关键因素，估值低廉的市场往往带来强劲的长期收益，而估值过高的市场则表现不佳 [2][3] - 美国市场近期是个例外，尽管估值昂贵，但其标普500指数在2025年仍上涨了17%，但这在国际和历史背景下并非常态 [4] 经济增长与资产回报驱动 - 名义GDP增长（实际增长与通胀之和）是资产回报的长期核心锚定点 [4] - 过去一个世纪，全球GDP年均增长5.7%，支撑了股票和债券的强劲表现，其中瑞典和美国股票年回报率领先，分别为7.5%和7.2% [4] - 相比之下，意大利因政治不稳定和经济增长缓慢，实际股票年回报率仅为2.5%，为样本中表现最弱 [5] 未来回报面临的挑战 - 发达市场的名义GDP已降至19世纪以来的水平，导致截至2024年底，发达经济体25年股票实际回报率跌至一个多世纪以来的最低点 [5] - 人口增长放缓和生产率增长疲软可能意味着下一个世纪的回报将不及上个世纪，预计到2050年，有32个国家的工作年龄人口将减少，21个国家可能面临总人口萎缩 [6]

Dear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional background covers both institutional and private client asset management, where I have advised on and implemented multi-asset strategies, but highly focusing on equities and derivatives.As you might be as well, I am a stock market enthusiast. My core passion lies in understanding ...

分析师专业背景 - 拥有超过10年资产管理和衍生品领域经验，专注于股票分析研究、宏观经济和风险管理的投资组合构建 [1] - 专业背景涵盖机构和私人客户资产管理，曾建议并实施多资产策略，但高度侧重于股票和衍生品 [1] - 拥有金融经济学学士学位和金融市场硕士学位 [1] 分析专长与关注领域 - 核心热情在于理解宏观趋势如何影响资产价格和投资者行为 [1] - 紧密跟踪欧盟和美国的央行政策、行业轮动以及市场情绪动态 [1] - 基于上述分析构建可操作的投资策略 [1] 内容发布目的与性质 - 撰写文章的目标之一是与同事和投资者分享见解、交流想法 [1] - 致力于使投资变得易于接触、鼓舞人心并赋予人力量 [1] - 文章中的分析和意见仅供信息参考，不构成财务建议 [1]

Now retired, I am an income-oriented investor seeking high yield income to support my lifestyle in retirement.I became deeply interested in the stock market beginning in late 2007 (bad timing for me but worse for my uncle) when I received an unexpected inheritance. Since that time I have done considerable research and vowed to make smarter long-term investing decisions after suffering through the Great Recession with minimal losses to my inherited portfolio, after firing my financial advisor.I look for most ...

The Vanguard Growth Index Fund ETF has outperformed the S&P 500 over the past decade by a wide margin.Growing your portfolio to $1 million or more doesn't have to be complicated or involve taking on a lot of risk. If you're able to save up a large lump sum and invest it in the stock market, a simple buy-and-hold strategy can be sufficient to generate massive returns in the years ahead. The big payoff from long-term investing is compounding; your balance can grow much larger the longer you remain invested in ...

The Coca-Cola Company (NYSE: KO ) (NEOE: COLA:CA ) is a global consumer staples name, mainly known for its iconic soft drink. However, the company manufactures, markets, and sells a wide variety of beverage products, including water, coffee, juices, and others. KO is well-diversified andDear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My profes ...

I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha I mostly cover REITs and financials, with occasional articles on ETFs and other stocks driven by a macro trade idea.Analyst’s D ...