• mister
      • RE: Down goes the Dow 8/8/2018 1:43PM - in reply to Math Mann
      • mister
      • Math Mann wrote:

        Helloooooo? wrote:

        Ghost of Igloi wrote:

        Like I thought, which was off the top of my head, 5132 to 7873 is 2.9%.

        Uh, no, it’s not.

        I cringe every time Igy is faced with something mathematical. The outcome is never good.

        He said it was off the top of his head. What would you expect?
    • Ghost of Igloi
      registered
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 1:52PM - in reply to Ghost of Igloi
      • Ghost of Igloi
        registered
      • Investors that bought Tech weighted funds did much worse with all the companies that disappeared in the aftermath of that bubble. In many ways the distortion is more widespread today because it affects a much broader market. Even less growth oriented names are trading double or triple a normal valuation.

        Igy
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 2:02PM - in reply to Math Mann
      • Ghost of Igloi
        registered
      • Actually if we were figuring performance as a portfolio return since the NASDAQ Composite did not set a new high for 15 years and 5 months (August 2015).

        So continue to lean yourself up.

        Where is the jerk the Oh Snap! Guy when it is actually appropriate.

        Igy
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 2:06PM - in reply to Ghost of Igloi
      • Ghost of Igloi
        registered
      • Math Mann,

        Get to work, use starting and ending value of the MASDAQ Composite compounded each year. Heck it may not even reach 1%.

        I’ll let you do the Math, Mann.

        Igy
    • You guys are dumb
      • RE: Down goes the Dow 8/8/2018 2:33PM - in reply to Math Mann
      • You guys are dumb
      • Math Mann wrote:

        [quote]Ghost of Igloi wrote:

        7873-5132=2741
        2741/5132=0.5341
        0.5341/18.4=0.029
        =annualized return 2.9%

        OMG, Igy just stop! You have no idea what you’re doing.

        Here, learn yourself up....

        From 5,132 to 7,873 over an 18.4 year period is in fact less than 2.9% per year.

        Pretty simple. 5,132 times (1+annualratereturn)^18.4 years equals 7,873,

        The annual rate of return is @ 2.35%

        5,132 x 1.0235^18.4 = 7,869,

        God you guys are stupid
    • Math Mann
      registered
      • RE: Down goes the Dow 8/8/2018 3:00PM - in reply to You guys are dumb
      • Math Mann
        registered
      • You guys are dumb wrote:

        Math Mann wrote:

        [quote]Ghost of Igloi wrote:

        7873-5132=2741
        2741/5132=0.5341
        0.5341/18.4=0.029
        =annualized return 2.9%

        OMG, Igy just stop! You have no idea what you’re doing.

        Here, learn yourself up....

        From 5,132 to 7,873 over an 18.4 year period is in fact less than 2.9% per year.

        Pretty simple. 5,132 times (1+annualratereturn)^18.4 years equals 7,873,

        The annual rate of return is @ 2.35%

        5,132 x 1.0235^18.4 = 7,869,

        God you guys are stupid

        Bingo.
    • Gruntz
      registered
      • RE: Down goes the Dow 8/8/2018 3:24PM - in reply to Ghost of Igloi
      • Gruntz
        registered
      • Ghost of Igloi wrote:

        I’ll let you do the Math, Mann.

        Igy

        Good move. It’s important to know one’s limitations.
    • Ghost of Igloi
      registered
    • Gruntz
      registered
      • RE: Down goes the Dow 8/8/2018 4:50PM - in reply to Ghost of Igloi
      • Gruntz
        registered
      • Ghost of Igloi wrote:

        OK, point made 2.35% is a crappy return.

        Yet you tout fixed income instruments that have done worse over the same time period.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 5:00PM - in reply to Gruntz
      • Ghost of Igloi
        registered
      • Gruntz wrote:

        Ghost of Igloi wrote:

        OK, point made 2.35% is a crappy return.

        Yet you tout fixed income instruments that have done worse over the same time period.

        Ah, actually that statement is false.
    • Gruntz
      registered
      • RE: Down goes the Dow 8/8/2018 5:07PM - in reply to Ghost of Igloi
      • Gruntz
        registered
      • Ghost of Igloi wrote:

        Gruntz wrote:

        Ghost of Igloi wrote:

        OK, point made 2.35% is a crappy return.

        Yet you tout fixed income instruments that have done worse over the same time period.

        Ah, actually that statement is false.

        Which part? Touting or “done worse”?

        Either way you’re wrong, so I expect you’ll avoid giving a straight answer.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 5:19PM - in reply to Gruntz
      • Ghost of Igloi
        registered
      • Gruntz wrote:

        Ghost of Igloi wrote:

        Gruntz wrote:

        Ghost of Igloi wrote:

        OK, point made 2.35% is a crappy return.

        Yet you tout fixed income instruments that have done worse over the same time period.

        Ah, actually that statement is false.

        Which part? Touting or “done worse”?

        Either way you’re wrong, so I expect you’ll avoid giving a straight answer.

        This one even whoops the S&P 500 since 3/31/2000:

        https://www.tcw.com/en/Funds/MetWest_Funds/Fixed_Income/MetWest_Total_Return_Bond_Fund

        Someone please get that jerk the Oh Snap Guy!
    • No defense
      • RE: Down goes the Dow 8/8/2018 5:37PM - in reply to Gruntz
      • No defense
      • Gruntz wrote:

        Uh, those are blended funds. Care to try again?

        Changing the topic away from your pathetic math are you, Math Man = Irony Man
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 5:39PM - in reply to Gruntz
      • Ghost of Igloi
        registered
      • Easy, 20 year Treasury yield was 6.86% January 2001.

        Oh Snap! jerk where are you, three times I have called out for you!
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/8/2018 5:41PM - in reply to No defense
      • Ghost of Igloi
        registered
      • No defense wrote:

        Gruntz wrote:

        Uh, those are blended funds. Care to try again?

        Changing the topic away from your pathetic math are you, Math Man = Irony Man

        He’ll next appeal to his Go Pats personal.