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The Water Cooler
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In the market or out?
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<blockquote data-quote="OKRuss" data-source="post: 3862509" data-attributes="member: 41777"><p>Agree. If I had more time on my hands and more knowledge of the market and various companies/industries to buy individual stocks, I'd likely have better returns. I don't expect the DOW to be back to the kind of returns we've gotten the past 10-15 years as I think it's over-inflated towards the big companies(FAANG). Look at what happened to FedEx - playing on the strong economy and not looking far enough ahead to lessen a 20%+ downturn in 1 day! They knew the 1st quarter wasn't going to be good quite some time back and personally feel the execs think there's still a monopoly between them and UPS yet UPS didn't post nearly the bad results. I don't see raising the shipping rates 6-7% across the boards will fix their downturn but rather drive folks to other options like UPS, USPS and/or Amazon. Just my .2 cents.</p></blockquote><p></p>
[QUOTE="OKRuss, post: 3862509, member: 41777"] Agree. If I had more time on my hands and more knowledge of the market and various companies/industries to buy individual stocks, I'd likely have better returns. I don't expect the DOW to be back to the kind of returns we've gotten the past 10-15 years as I think it's over-inflated towards the big companies(FAANG). Look at what happened to FedEx - playing on the strong economy and not looking far enough ahead to lessen a 20%+ downturn in 1 day! They knew the 1st quarter wasn't going to be good quite some time back and personally feel the execs think there's still a monopoly between them and UPS yet UPS didn't post nearly the bad results. I don't see raising the shipping rates 6-7% across the boards will fix their downturn but rather drive folks to other options like UPS, USPS and/or Amazon. Just my .2 cents. [/QUOTE]
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