Down goes the Dow

Ghost of Igloi wrote:

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

It doesn't matter when you first posted.

Ghost of Igloi wrote:

Not true at all. The five year average of global stocks underperforming long term bonds by almost a percentage point. And we haven’t even had a bear market....yet.

But U.S. equity funds are typically destroying bonds.

seattle prattle wrote:

Ghost of Igloi wrote:

...Doing well, I ran and walked 50 miles this past week. I have a hard time running anything faster 9:00/mile. Enjoyed the Holidays with the family which is all in town.

Wish the best on your investments.

Igy

I read (and re-read) the Book "Fast after 50" by Joel Friel recently and it is helpful, imo. It really emphasizes how important doing a little interval work is along with strength training and rest. The book really rings true for me. But making changes takes time to implement, and adjustments must be figured in, like taking a little more time for recovery for intervals and the harder efforts.

Good luck with it.

-SP

Seattle,

I am not familiar with the book, perhaps I should. I was brought up on interval training, incorporated quite a bit of Daniels’ tempos in my 50s. Doing the same now only at slower pace. The side effects of the treatment while administered were tolerable but at completion lasting more than I expected. It is as if I had never run before. Otherwise getting stronger by the day. One of my doctors suggested more weight training to counter the effects of the chemotherapy.

Igy

Bocephus wrote:

Ghost of Igloi wrote:

Not true at all. The five year average of global stocks underperforming long term bonds by almost a percentage point. And we haven’t even had a bear market....yet.

But U.S. equity funds are typically destroying bonds.

That is true, but bonds lower the portfolio volatility allowing compounding at a greater rate.

Ok, coach. That's encouraging about steady improvement.

My story, which might have some take aways for you - got heavily into the last round of marathon preparation last year around this time. Stopped doing intervals in lieu of what was called strength intervals (i.e.: 3 x 1.5 miles at marathon pace). Got progressively slower in everything except the marathon. Then, after the marathon, didn't really get back to traditional intervals until reading the book - about August - since i was recovering from Achilles tendonosis. That slowly built my speed back up. And though i had been doing steady strength training/mobility exercises all along (approx 5 day/week), i upped the leg weight lifting routine from once per week to twice (30 mins ea. time).

Lastly, and i think this is important for us master runners - taking protein every day is absolutely necessary. I have a very good quality, pure, protein powder and take 75 grams/day in addition to making sure i get a good chunk from food.

Honestly, it feels like the muscle composition is as good as it's ever been. The part that slips is the ability for muscles to metabolize oxygen, clear the lactic acid, etc. while running.

Gruntz wrote:

LOL @ Igy and Hussman both posting on Christmas Day. Misery loves company.

He was even busier on another thread that I frequent. He repeatedly posted on Christmas Day, but was summarily ignored by everyone else on the thread. I think most of us are getting tired of him talking about himself most of the time. Give it a break, Igy.

For the record, i did ask Igy how he was doing in this instance.

And i am happy to hear he's doing well and responded to let me/us know.

We’re all happy that Igy is doing well. This thread would be very different without him. After all, it’s Igy who puts the “Down” into “Down Goes The Dow.”

Not my reaI name wrote:

We’re all happy that Igy is doing well. This thread would be very different without him. After all, it’s Igy who puts the “Down” into “Down Goes The Dow.”

Funny, but if you listened a little more closely to the message and not the noise you would not be Down so much.

Not my reaI name wrote:

Gruntz wrote:

LOL @ Igy and Hussman both posting on Christmas Day. Misery loves company.

He was even busier on another thread that I frequent. He repeatedly posted on Christmas Day, but was summarily ignored by everyone else on the thread. I think most of us are getting tired of him talking about himself most of the time. Give it a break, Igy.

I suppose you interpretation made your day.

Seattle,

A couple of points, I believe your marathon training will set you up for better racing at shorter distances. As you noted the strength training is very important as you age. I go through phases where I am pretty diligent in the weight room, all free weights: squats, bench, and overhead. Then some Bosu ball single leg squats, physio ball crunches, and eccentric heel drop. The routine takes me about 30 minutes and I do it twice a week. I backed off the routine thinking it might aid my runnning and it did not. So back to the drawing board.

Igy

Ghost of Igloi wrote:

Not my reaI name wrote:

We’re all happy that Igy is doing well. This thread would be very different without him. After all, it’s Igy who puts the “Down” into “Down Goes The Dow.”

Funny, but if you listened a little more closely to the message and not the noise you would not be Down so much.

I’ve listened to your message.

Ghost of Igloi wrote:

Not my reaI name wrote:

He was even busier on another thread that I frequent. He repeatedly posted on Christmas Day, but was summarily ignored by everyone else on the thread. I think most of us are getting tired of him talking about himself most of the time. Give it a break, Igy.

I suppose you interpretation made your day.

Nah, your wife made my day. Why do you think she asks about me? Maybe if paid less attention to your trolling and more to her...

Your wish, but no class let alone looks would turn her off.

Ghost of Igloi wrote:

Your wish, but no class let alone looks would turn her off.

I guess you would know that best.

Gruntz wrote:

Ghost of Igloi wrote:

Your wish, but no class let alone looks would turn her off.

I guess you would know that best.

Easy assumption from your handle and posts.

Ghost of Igloi wrote:

Gruntz wrote:

I guess you would know that best.

Easy assumption from your handle and posts.

Very easy.

Cherry Pick these July 1987-The peak before the black Monday 22% crash, and companion bear market to Ocotober 2018. SP 500 with Dividend Reinvestment 9.4 percent. Not double digit perhaps, but pretty damn skookum. Adjust the completion to December 2018, after our recent 20% correction, and you still get 8.8 percent. Adjust the initiation to December 1987, and through last October, you get 10.6%. Going down through the history of the last 60 years. Reagan Reelection in 1984-11.17% Reagan was elected- 11.4%. Carter's election-11.3% Nixon's resignation-11.7% Nixon Reelection-10.3% Nixon's election- 9.9% Johnson's election-9.8% Kennedy's murder-10.04% Kennedy's election-10.18% This, my friend, is what I call a skookum asymptotic function. Carter was bad for stocks, Reagan was good-yet they've almost got the same returns 40 years later. I've cherry picked nothing--just election results and assassinations and political scandals--Vietnam is in there, September 11 is in there, Carter's malaise is in there, the collapse of US manufacturing is in there---yet it's all pretty much 10% no matter what starting point you choose for the past 60 years-except for periods in the last 20. Don't know how old you are, but the 1970s was not an era of postwar boom. That pretty much fizzled out after the Tet offensive. I would argue market returns are depressed from the 10% mean over the past 20 years because the "war on terrorism" has been a drag on our economy. Think how much more profitable business travelers could be if they did not waste all that time taking off their shoes and belts at airport check in lines. This is a moment for optimism. The US is the world's leading producer of petroleum right now--when was the last time that happened? On an inflation adjusted basis, gasoline is as cheap as it's ever been in my lifetime--and we're not kowtowing to OPEC to do it. This is an enormous tailwind to our economy, and stabilizing force in the war against terror.

Strong work!