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Ghost of Igloi wrote:

Lemmings are blindly pouring money into the market. That is the common view.

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Ghost of Igloi wrote:

I admit to not being as frugal as Flagpole.

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day. Not my idea of a bargain when buying with one hand and selling with the other. Oh well.

Igy

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seattle prattle wrote:

Could you put that into something i can understand? The recent one about being on a ship with a drunk captain particularly comes to mind.
Got to love ending the week on an up-note, don't you?!
Again.

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

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mellon wrote:

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

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You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

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Ghost of Igloi wrote:

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mellon wrote:

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

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You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

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Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

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Veritas wrote:

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Ghost of Igloi wrote:

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mellon wrote:

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

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You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

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Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

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And that’s why you are a lousy financial planner.

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Ghost of Igloi wrote:

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Veritas wrote:

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Ghost of Igloi wrote:

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mellon wrote:

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

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And that’s why you are a lousy financial planner.

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And I can tell you know very little about market history. I suggest you crack the books.

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Ghost of Igloi wrote:

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mellon wrote:

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Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

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seattle prattle wrote:

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Ghost of Igloi wrote:

---

mellon wrote:

---

Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

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Igy, this reasoning is faulty.
The stock may fall 'eventually' to a level below what he/she purchased it in 2011, but that doesn't mean he has to continue holding it. And if he now holds a stock that has significantly appreciated in value, the likelihood that he will be able to sell at a profit is greater than the likelihood that he will sell at a loss.
I think your agruement that current levels are unsustainable is a lot more believable than your assetion that you made years ago at the early stages of a bull market.

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seattle prattle wrote:

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Ghost of Igloi wrote:

---

mellon wrote:

---

Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

---

Igy, this reasoning is faulty.
The stock may fall 'eventually' to a level below what he/she purchased it in 2011, but that doesn't mean he has to continue holding it. And if he now holds a stock that has significantly appreciated in value, the likelihood that he will be able to sell at a profit is greater than the likelihood that he will sell at a loss.
I think your agruement that current levels are unsustainable is a lot more believable than your assetion that you made years ago at the early stages of a bull market.

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Veritas wrote:

---

Ghost of Igloi wrote:

---

Veritas wrote:

---

Ghost of Igloi wrote:

---

mellon wrote:

---

Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

---

And that’s why you are a lousy financial planner.

---

And I can tell you know very little about market history. I suggest you crack the books.

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I know enough history to tell that a 2011 investment in the Dow has more than doubled.

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Can’t teach an old dog new tricks wrote:

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seattle prattle wrote:

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Ghost of Igloi wrote:

---

mellon wrote:

---

Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

---

Igy, this reasoning is faulty.
The stock may fall 'eventually' to a level below what he/she purchased it in 2011, but that doesn't mean he has to continue holding it. And if he now holds a stock that has significantly appreciated in value, the likelihood that he will be able to sell at a profit is greater than the likelihood that he will sell at a loss.
I think your agruement that current levels are unsustainable is a lot more believable than your assetion that you made years ago at the early stages of a bull market.

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You don’t understand. Igy always looks at the worst case scenario. It’s in his nature. He’s a very unhappy guy living a life that he pretends to enjoy, but really loathes. It’s obvious from his posts here that his self image is in the crapper. He wants us to fail at our investments so that we will come down to his level. Misery loves company.

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Ghost of Igloi wrote:

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seattle prattle wrote:

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Ghost of Igloi wrote:

---

mellon wrote:

---

Ghost of Igloi wrote:

Seattle,

Perhaps, we’ll see how long it is fashionable to purchase equities at higher prices each day.

Igy

---

You've been singing the same song for 3 1/2 years. Equity purchases made in 2015, 2016, 2017 have done quite well.
Only time will tell if you're wrong again about purchases made this year.

---

Only time will tell if your purchases made since 2011 will pay off. I say they won’t😢.

---

Igy, this reasoning is faulty.
The stock may fall 'eventually' to a level below what he/she purchased it in 2011, but that doesn't mean he has to continue holding it. And if he now holds a stock that has significantly appreciated in value, the likelihood that he will be able to sell at a profit is greater than the likelihood that he will sell at a loss.
I think your agruement that current levels are unsustainable is a lot more believable than your assetion that you made years ago at the early stages of a bull market.

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Seattle.

Perform an experiment, start with your personal investment statements month ending March 2000 and compare it to February 2009. Time weight your return money in/out. Lets here what the actual percentage return was. That is a much longer time period than what I am suggesting.

Igy

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