Like the rest of the market.
No worries.
Until FOMO becomes Oh No.
Like the rest of the market.
No worries.
Until FOMO becomes Oh No.
Ghost of Igloi wrote:
Fatty R. Belt Buckle wrote:
How many companies are doing buybacks? This past January was the best for the stock market in 30 years. You still touting your CDs? LOL
Better pad your stock returns early this year just like the last when CDs outperformed your losing portfolio. You’ll be tightening up your belt several notches when you go on stock shrinking diet.
Here is how CDs have performed versus the S & P. Again, your CDs are a joke!
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdfGhost of Igloi wrote:
Like the rest of the market.
No worries.
Until FOMO becomes Oh No.
And as we all know "Oh No" will happen "SOON". In other words, at least within 4 years or more.
purple martin wrote:
Ghost of Igloi wrote:
Like the rest of the market.
No worries.
Until FOMO becomes Oh No.
And as we all know "Oh No" will happen "SOON". In other words, at least within 4 years or more.
Well the January 2018- January 2019 S&P 500 return was -4.42%, so perhaps you should reconsider your view. As for me, I think 2019 will be more like Q4 2018, just worse. So SOON is here. Oh no.
Fatty R. Belt Buckle wrote:
Ghost of Igloi wrote:
Better pad your stock returns early this year just like the last when CDs outperformed your losing portfolio. You’ll be tightening up your belt several notches when you go on stock shrinking diet.
Here is how CDs have performed versus the S & P. Again, your CDs are a joke!
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdf
Changing handles again.
Your chart would be nice, but I care only about the recent trend. Your portfolio lost last year and mine gained. So sorry for you.
Ghost of Igloi wrote:
Fatty R. Belt Buckle wrote:
Here is how CDs have performed versus the S & P. Again, your CDs are a joke!
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdfChanging handles again.
Your chart would be nice, but I care only about the recent trend. Your portfolio lost last year and mine gained. So sorry for you.
It won't allow me to post as Sally. What kind of investor only cares about the last year? The recent trend? Seriously? Investing is about growth over a long period of time. Who would only care about the return during one year? Oh yeah, one whose only retort is to show how stocks did in one year and ignore how they did the preceding 100 years.!
OK. More curious about your posting issues. Did you get in trouble for something Sally?
Ghost of Igloi wrote:
OK. More curious about your posting issues. Did you get in trouble for something Sally?
Not at all. I registered Sally Vix (first time to register) as someone stole multiple names of mine - and only allowed me to post so many times as Sally.
Fatty R. Belt Buckle is as good as any other handle. You should go for it. Oh, and move on from the CD thing, it’s getting old.
moving on from the CD thing, what about the 50% shorts you noted? Shorting equities? Care to share which ones?
Racket wrote:
Ghost of Igloi wrote:
I agree:
https://www.nytimes.com/2019/02/03/opinion/chuck-schumer-bernie-sanders.htmlI disagree with that and it's pretty one sided. Easy counter : become a part of the winning team and buy shares.
What I think is really the problem is zero commitment to modern workers. Salaries and health benefits used to be competitive along with pension plans or stock options. The company was invested in the worker, and the worker was invested in the company. Then I guess everything changed and now companies are singling the blues about how they can't find good work or about how employees leave after a year or two with no loyalty but the reality is there's no reason to be loyal to a company that gives you a 2% raise once a year and puts you on a high deductible health insurance plan without even a matching contribution to an HSA.
I don't know what happened, less unions maybe? Less collective bargaining power?
I read this a day or two ago but wasn't the point that the working class doesn't have the money to participate in the stock market and therefore isn't able to counter as you suggest.
^^^ adding to my last post, though, i do very much agree with the rest of what you said, and I don't know either why the working class lost so much ground in the last few decades. But they have.
Ghost of Igloi wrote:
Fatty R. Belt Buckle is as good as any other handle. You should go for it. Oh, and move on from the CD thing, it’s getting old.
The CD angle is getting old but you are celebrating it as a wonderful investment when it has done extremely poor for the last 30 years. Again, for the last 30 years CDs have returned 1.0% over that time. that is terrible!
No individual equity shorts, no options, just short major indices ETFs. I haven’t added any lately since the trend has moved back to FOMO. Generally things you were long on, except small caps, though thought about it.
Fatty R. Belt Buckle wrote:
Ghost of Igloi wrote:
Fatty R. Belt Buckle is as good as any other handle. You should go for it. Oh, and move on from the CD thing, it’s getting old.
The CD angle is getting old but you are celebrating it as a wonderful investment when it has done extremely poor for the last 30 years. Again, for the last 30 years CDs have returned 1.0% over that time. that is terrible!
I guess your reading comprehension is poor, I have not been in CDs for thirty years. Someone asked me what I thought would do better last year and I said laddered CDs. And guess what, I was correct.
seattle prattle wrote:
Racket wrote:
I disagree with that and it's pretty one sided. Easy counter : become a part of the winning team and buy shares.
What I think is really the problem is zero commitment to modern workers. Salaries and health benefits used to be competitive along with pension plans or stock options. The company was invested in the worker, and the worker was invested in the company. Then I guess everything changed and now companies are singling the blues about how they can't find good work or about how employees leave after a year or two with no loyalty but the reality is there's no reason to be loyal to a company that gives you a 2% raise once a year and puts you on a high deductible health insurance plan without even a matching contribution to an HSA.
I don't know what happened, less unions maybe? Less collective bargaining power?
I read this a day or two ago but wasn't the point that the working class doesn't have the money to participate in the stock market and therefore isn't able to counter as you suggest.
Yes and no I think. There's plenty of big name companies out there with "reasonable" prices, i.e. reaosnable P/E. What would a target entry look like anyways? You can't expect Amazon to collapse to like $10 and then ride it back up to $2000. But in general the system is designed to keep average joe out
Ghost of Igloi wrote:
No individual equity shorts, no options, just short major indices ETFs. I haven’t added any lately since the trend has moved back to FOMO. Generally things you were long on, except small caps, though thought about it.
But a trend to FOMO obviously means rising prices which is exactly when you would want to short.
Fatty R. Belt Buckle wrote:
Ghost of Igloi wrote:
Fatty R. Belt Buckle is as good as any other handle. You should go for it. Oh, and move on from the CD thing, it’s getting old.
The CD angle is getting old but you are celebrating it as a wonderful investment when it has done extremely poor for the last 30 years. Again, for the last 30 years CDs have returned 1.0% over that time. that is terrible!
Now think about it! If you thought a 60% drop in the market was going to happen any day now, or week, wouldn't you stay in a safe haven. Now, the fact that that hasn't happened doesn't bode well for the decision, but it makes sense if you feel that way.
All eight indexes on our world watch list posted gains through February 4, 2019. The top performer is Hong Kong's Hang Seng with an 11.38% gain and in second is our own S&P 500 with a gain of 8.56%. In third is France's CAC 40 with a gain of 6.63%. Coming in last is India's BSE SENSEX with a loss of 1.93%.
Word on the street is that Trump is going to announce a done trade deal with China at the State of the Union tonight.
Shortest bear market ever I guess