Oh, Snap!
Oh, Snap!
Trews wrote:
You need to ask Igy what he recommends. Then do the opposite.
I will take your advice Trews and buy on the dip. You are a genius.
Oh SNAP!
Ben Dover wrote:
Trews wrote:You need to ask Igy what he recommends. Then do the opposite.
I will take your advice Trews and buy on the dip. You are a genius.
Logically this implies that Igy recommends buying when prices are high.
Oh, Snap!
Big Dog Investments wrote:
Made money selling CHK and especially NFLX in the past 9 days. No other transactions in that time frame, so the jury is still out on my remaining investments.
So if you hold an investment that has lost value you have not lost any money as the jury is still out?
You guys are amazing.
First, a stock market crash. Say that happens. (It will, of course — they occur from time to time, as we all know.) The question is not whether it will happen, but rather what happens afterward? History has shown that every market crash has been followed by recovery, with the stock market reaching new highs. So, all you have to do is wait for it to be over.
Uncle Beemer wrote:
So if you hold an investment that has lost value you have not lost any money as the jury is still out?
Correct.
Uncle Beemer wrote:
So how much money did folks lose this past week or so?
A fraction of what I've gained by not listening to the doomsayers for the past 3-5 years on here.
mellon wrote:
Uncle Beemer wrote:So how much money did folks lose this past week or so?
A fraction of what I've gained by not listening to the doomsayers for the past 3-5 years on here.
But miniscule to what passive investors are about to lose.
Within a small number of years, investors are likely to discover that they have allowed their assumptions about growth in U.S. GDP, corporate revenues, earnings, and their own investment returns to become radically misaligned with reality, and that Wall Street’s justifications for the present, offensive level of equity market valuations are illusory. Based on outcomes that have systematically followed prior valuation extremes, the accompanying adjustment in expectations is likely to be associated with one of the most violent market declines in U.S. history, even if interest rates remain persistently depressed.
By John P. Hussman, Ph.D.
President, Hussman Investment Trust
Which, of course, will all then be gained back...and then some.
Or is it different this time?
Sure you'll get back to even.....in 2027.
Truthinesser wrote:
Which, of course, will all then be gained back...and then some.
Or is it different this time?
History says otherwise.
Johnny Hussman wrote:[/b
But miniscule to what passive investors are about to lose.
The ones that got out last week are not going to lose anything.
Unlike you that mis-called it and have been running scared for the past 3-5 years.
You like to try and convince yourself that all other investors are stupid and will get out at the bottom. When in fact, you are the one who has been foolish.
Frank N. Berry wrote:
History says otherwise.
No history is quite a bit different than your thinking. S&P 500 peaked in March of 2000 and did not significantly advance beyond that level until the spring of 2013. NASDAQ on the other hand did not significantly move above the 2000 level until the summer of 2015.
You just proved my point.
Frank N. Berry wrote:
You just proved my point.
No point to prove if you like ten years of going nowhere with interim losses of 50-60%.
Ugotit wrote:
Uncle Beemer wrote:So if you hold an investment that has lost value you have not lost any money as the jury is still out?
Correct.
Wow.
Just when you thought people could be no dumber...
mellon wrote:
Uncle Beemer wrote:So how much money did folks lose this past week or so?
A fraction of what I've gained by not listening to the doomsayers for the past 3-5 years on here.
Why can't you answer?
fun read - a couple years ago someone saying buy gold! Sell your stocks yesterday!
just before a huge stock rally.