Buy and hold.
Buy and hold.
Bond secret to success wrote:
Buy and hold.
actually bonds can go decades losing money against inflation. Not sure I'd agree with you there.
Q3 2016 Earnie(ings) Fact Check:
184 of 490 beat on GAAP EPS or 37.55%
GAAP EPS tracking at $25.59, an improvement over the $23.22 of one year ago, but below the $27.47 of two years ago
Current GAAP PE 24.63 is the highest since 9/30/2009
Igy
Igy -
Some good running news - not sure if you use strava - one good feature is that it tracks segments, such as hill climbs, and tells you how your recent performance compares to all the times you have ever run that segment in the past.
Where I live there is a hill I do a lot of workouts on - I have a rich history with this hill. And I've been using Strava for around 5 years.
So anyway, yesterday I hit an all time best on that hill, during a workout. From my history...if I can get up hills well, that means I am in near peak shape.
I'm racing this weekend - hope to take advantage of this fitness.
Then I don't race for six weeks or so.
So this one means something to me
agip,
No I have not used Strava. That is good news and best with your race. We had snow yesterday and morning temperatures in the teens. So I did the morning's workout on a treadmill: 800m-1,000m-1,200m-1,000m-800m tempos with 2:00 rest. I started at 7:30 mile pace and finished at 6:31. So things getting better.
In regards to hill workouts, there is a routine called the Wake Forrest Drill. You run 800m uphill hard, and tempo pace down. Running the sequence for a total distance of let's say 3-4 miles. Anyway, I thought I would pass on an idea that has been useful in the past.
Let me know how the race goes.
Igy
I've bought some stocks/funds in the past few weeks. Critique my holdings:
Stock, # of shares, return
----------------------------------
* VDE, 20, +6.1%
* USO, 150, +8.9%
* XOM, 18, +0.8% (bought yesterday)
* VLKAY, 150, +2.8%
* WMMVY, 65, -0.4%
modern history wrote:
One difference: Reagan was all for having the USSR tear down a wall, while Trump wants the Mexicans to pay for building one.
Hell.
Why not.
We are paying for Israel's massive Apartheid Wall.
Ghost of Igloi wrote:
agip,
No I have not used Strava. That is good news and best with your race. We had snow yesterday and morning temperatures in the teens. So I did the morning's workout on a treadmill: 800m-1,000m-1,200m-1,000m-800m tempos with 2:00 rest. I started at 7:30 mile pace and finished at 6:31. So things getting better.
In regards to hill workouts, there is a routine called the Wake Forrest Drill. You run 800m uphill hard, and tempo pace down. Running the sequence for a total distance of let's say 3-4 miles. Anyway, I thought I would pass on an idea that has been useful in the past.
Let me know how the race goes.
Igy
Running fast is so rewarding. Maybe less so on a treadmill but good job getting in a workout indoors. I'll take a look at the wake forest drill.
back to money
The JOLTS survey was out today. It reinforces the skilled labor shortage thesis. This will put a serious cap on econ growth but be great for skilled labor - wages should rise smartly.
Highlights
Year-on-year, openings are up 2.1 percent in contrast to a 2.2 percent decline for hiring. Openings have been ahead of hiring the past two years, consistent with other data indicating that employers are having a hard time finding the right people.
steepest yield curve of the year, I believe. That's not bearish.
agip wrote:
Bond secret to success wrote:Buy and hold.
actually bonds can go decades losing money against inflation. Not sure I'd agree with you there.
Good point.
all time high for the sp500
and small caps
Translation: risk ignored, investors pile on same trades, lose any discipline.....
...watch value continue to increase while bears cry in their beer.
Ash,
I have managed other people's money for over twenty years. I have worked in the profession when the market experienced drops of over 50% (3/2000-10/2002 and 10/2007-3/2009). In each of the previous Bear Markets there were places to hide, Treasuries or dividend paying stocks for example. Today collectively or individually I see few assets even reasonably valued. The same nonchalant attitude toward risk was present then as today. Value from being invested in the market should be based on some rationale. If it comes from trading, good luck with that. If on the other hand one's investing is based on market history and valuation modeling, the market is trading on borrowed time.
For now enjoy your beer.
Igy
With President Trump, the next four years will be like the past four weeks
meltup
What's it like waking up every morning hoping today will be the day of the big crash so you can say "I told you so".
mellon wrote:
What's it like waking up every morning hoping today will be the day of the big crash so you can say "I told you so".
I lived that life when I worked for a bearish hedge fund - it was brutal
then, laughably, I finally had enough and quit not 12 months before the financial crisis.
missed a HUGE payday. but there we go. Was able to start an advisory practice at the bottom, with many scared and needy people. It all worked out.
mellon,
I wake up every day excited to come to work. I have a purpose, and that purpose is to manage money. Keep in mind the Dow was 17,888 on 11/4/2016; not ancient history . There is no fundamental justification for the current move. In fact I would argue that the better value for the moment is in the 10 Year Treasury.
Igy
Is there a rule against attaching a helium balloon to yourself while running a road race?
Am I living in the twilight zone? The Boston Marathon weather was terrible!
How rare is it to run a sub 5 minute mile AND bench press 225?
Jakob Ingebrigtsen has a 1989 Ferrari 348 GTB and he's just put in paperwork to upgrade it
Move over Mark Coogan, Rojo and John Kellogg share their 3 favorite mile workouts
Mark Coogan says that if you could only do 3 workouts as a 1500m runner you should do these