Besides, financial stress comes when the market collapses, not before.
Besides, financial stress comes when the market collapses, not before.
Gruntz wrote:
I stepped in it again. You’d think I would have learned by now to read those things before I posts the links. I just continue to undermine my position and then I realize why people think I’m an idiot.
Ghost of Igloi wrote:
Financial stress is not equity valuation.
You are wrong, period.
Get over it.
I never said they were the same.
Then why to you keep pointing that direction.
Go Fats!
Ghost of Igloi wrote:
Then why to you keep pointing that direction.
That’s your interpretation and it’s incorrect. I said valuation is PART of the overall number, which it clearly is.
That’s a stretch. You are blind, “wondering” until it is too late, and very wrong.
[quote]seattle prattle wrote:
Another thing to consider in support of cashing out and paying the tax: some of the leveraged ETFs which are very popular these days have high operating costs that come with them.
The whole point of investing in ETFs is low fees.
Hmmn wrote:
Certainly not Igy wrote:
Been cashing in profits for weeks. Too bad you missed that bus.
Other than a possible tax strategy, the only reason to sell your holdings (or. as you call it. "cashing in profits") is you believe a market downturn is coming soon.
A market downturn is certainly coming (they always are). Soon? No one knows.
What I do know is that the market has repeatedly set record highs this year. I like to buy low and sell high, so I’ve been selling some winners in recent weeks. I have not sold all of my holdings.
There is no tax strategy at play here.
Ghost of Igloi wrote:
That’s a stretch. You are blind, “wondering” until it is too late, and very wrong.
I don’t know why you’re upset with me. I just quoted information from the link you provided.
Ghost of Igloi wrote:
You are either a liar or need glasses:
https://www.financialresearch.gov/financial-vulnerabilities/files/fsvm_scores.xlsx?
I do wear glasses which helped me clearly read the data you linked.
Happy New Year, DGTD!
Right back up at all time highs for the SP500.
Meet the new boss, same as the old boss
Looking forward to another year of entertaining commentary, articles, charts and graphs, that have nothing to do with market performance.
Happy New Year from the blind, stupid, muppet, waiting for the crash so I call sell my holdings.
Mellon
I’ll include my best wishes for a happy, healthy, and prosperous 2018.
Anyone care to make a prediction? I’ll go with the Dow up 6% at year end.
Market will get an erection.
...but only with assistance.
Bob Dole wrote:
...but only with assistance.
Nothing wrong with that. Just ask Igy. He was very helpful in the thread we had about the blue diamond. His experience was invaluable.
Link please
Why Oh Why wrote:
[quote]seattle prattle wrote:
Another thing to consider in support of cashing out and paying the tax: some of the leveraged ETFs which are very popular these days have high operating costs that come with them.
The whole point of investing in ETFs is low fees.
You may have missed my reference to "leveraged" ETFs. Their fees are not low. I am talking about triple leveraged with fees over 1%.
Woodie wrote:
Bob Dole wrote:
...but only with assistance.
Nothing wrong with that. Just ask Igy. He was very helpful in the thread we had about the blue diamond. His experience was invaluable.
Great stuff! Thanks for that tip. LOL. ?