Leopards

In my Silver Linings post, I referenced my "hedge bet" on Harris, and I am pleased to say it has so far paid off rather nicely. I wrote that:

...my bet on Harris was a hedge, and focus on the silver lining of my Bitcoin holding hitting a new all-time high. Hopefully Tesla will also benefit from Elon Musk's role with the Trump campaign, and the US futures look green across the board, especially the Russell 2000 which is comprised of smaller companies who will benefit from Trump's promised tariffs.

The three days since the election have been rather interesting with Tesla up 27.8%, Bitcoin up 10% and the S&P500 up 3.7% and Wednesday was my best single day ever beating the record set on March 24th, 2020 - eight days after my worst day ever - when the markets bounced back in the early days of COVID. 

Tesla closed on Friday at $321.22, still a little shy of it's November 2021 high of $409.97, while Bitcoin did reach a new high and is currently around $77,000. The S&P500 also set a new high going above 6,000 for the first time ever on Friday. 

As a new retiree, the sequence-of-returns risk is always a concern. Because of my severance, I have yet to dip into my retirement funds which is when retirement will get real, so for those funds to be about 10% higher than they were back in April when employment ended is a positive with the negatives unfortunately landing on people a lot less fortunate than myself, many of whom will have voted for Trump. 

'I never thought leopards would eat MY face,' sobs woman who voted for the Leopards Eating People's Faces Party.

If you've been following this blog for a while, you should be aware that I've long advocated for investing in low-cost passive index tracking funds over high-cost actively managed funds, and for the S&P 500 over the FTSE 100. 

While there are still about seven weeks to go in the year, it's looking most probable that the S&P 500 will again be the "winner" - results from the past ten years:

It's week 10 of the NFL today, and for the first time since week 5 of the 2020 season it looks very much like there will be no qualifiers for the Small Road 'Dogs System. With a 14-18 record this season, perhaps that's not a bad thing. 

The College Football cousin had four winning selections from five in week 11 to take the season record to 56-48, and the new College Basketball season has begun, although no selections yet as the early weeks are essentially warm-ups for the conference games which start in January.

The season didn't get off to a great start for the number 11 ranked Auburn Tigers, after two players started fighting on their flight to Houston and the pilots decided to divert.  Not a surprise that the replacement flight didn't include the two combatants Jahki Howard and Ja'Heim Hudson. Auburn won the game, so a new system is born - back the Away team if their flight is interrupted by a brawl.