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Re: fung_derf post# 1518

Tuesday, 11/26/2024 6:44:43 PM

Tuesday, November 26, 2024 6:44:43 PM

Post# of 1571
Buffett doesn't recommend specific stocks and what he owns by way of BRK is very, very VERY public. Currently BRK has tiny, almost trivial positions in two S&P 500 index funds, SPY and Vanguard's VOO. My kids own SPY and my CPA son also has VOO. Both of my kids are now fairly wealthy by most standards.

As for free trading, that doesn't interest me. I trade stocks maybe once or twice a year. I want the strongest brokerage houses, not the cheapest. Sometimes I'll park some cash in short term bond funds. I'll usually hold them to maturity which is always short term.

BTW, my CPA son also has a degree in finance, with honors. I've found few IHUBers who know anything about investing. Many are hopeless gambling addicts.

GL

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