Down goes the Dow

Sure, ahead of your stocks the past 17 months.

Ghost of Igloi wrote:

Sure, ahead of your stocks the past 17 months.

Not a chance, but don’t let the truth get in the way of your fantasies about me.

Go easy on Igy. He’s had a tough couple of days. There was one post yesterday where he made THREE mistakes! That’s a lot even by his usual standards. Today wasn’t much better.

Lurker here. Since he always posts the same ridiculous thing, I now just ignore Igloi’s posts.

I mean, seriously, why engage the guy at all? It won’t get you anywhere.

Unbiased External Observer wrote:

Lurker here. Since he always posts the same ridiculous thing, I now just ignore Igloi’s posts.

I mean, seriously, why engage the guy at all? It won’t get you anywhere.

Gosh, sure wish the scary crazy Igy obsessed guy would take your advice.

Unbiased External Observer wrote:

Lurker here. Since he always posts the same ridiculous thing, I now just ignore Igloi’s posts.

I mean, seriously, why engage the guy at all? It won’t get you anywhere.

Exactly! He is obsessed with one day being able to say, "SEE I TOLD YOU SO". No matter how many years it takes.

The problem is, even if a big downturn happens today, that doesn't justify avoiding the market for the past 8 years being a good move based on his sentiment about stock investments since 2011 will not do well.

And the comment on his genius move in 2008. Really?

This chart is not a pretty one for CD lovers. It shows real rates of CDs versus that of the stock market since 1990. Over the last 10 years CD real returns have been negative 70% of the time and the other years they have performed horribly. You can ladder them however you want but you still get nothing.

https://www.putnam.com/literature/pdf/II514-59f49526b2d77658e5f6a5a377eacec5.pdf

But Igy says they beat the market. That’s why he’s all in with CDs.

Igy fan wrote:

But Igy says they beat the market. That’s why he’s all in with CDs.

In 2013 the real rate of return for the S & P was 30 % versus NEGATIVE 1.3% for CDs. WHICH investment would you take?

The Scary Crazy Igy Obsessed Guy has come up with the most appropriate of his many handles: “Igy Fan.”

In regards to Sally’s CD comments, the seventeen month market performance is CD equivalent, and the risk adjusted return for now overwhelmingly favors CDs. As this cycle rolls over I would expect the continued erosion of principal for equity holders.

Ghost of Igloi wrote:

The Scary Crazy Igy Obsessed Guy has come up with the most appropriate of his many handles: “Igy Fan.”

In regards to Sally’s CD comments, the seventeen month market performance is CD equivalent, and the risk adjusted return for now overwhelmingly favors CDs. As this cycle rolls over I would expect the continued erosion of principal for equity holders.

Igy - the last 30 years the real rate of returns of CDs is 1%. For the S & P it is 7.29%. A difference of 6% annually. Which WOULD YOU SAY has been the better investment over the last 30 years?

Ghost of Igloi wrote:

As this cycle rolls over I would expect the continued erosion of principal for equity holders.

I expect you to be wrong as usual.

Sally Vix wrote:

Ghost of Igloi wrote:

The Scary Crazy Igy Obsessed Guy has come up with the most appropriate of his many handles: “Igy Fan.”

In regards to Sally’s CD comments, the seventeen month market performance is CD equivalent, and the risk adjusted return for now overwhelmingly favors CDs. As this cycle rolls over I would expect the continued erosion of principal for equity holders.

Igy - the last 30 years the real rate of returns of CDs is 1%. For the S & P it is 7.29%. A difference of 6% annually. Which WOULD YOU SAY has been the better investment over the last 30 years?

Well done, comrade. The fake news is strong with Hussmanski.

Unbiased External Observer wrote:

Lurker here. Since he always posts the same ridiculous thing, I now just ignore Igloi’s posts.

I mean, seriously, why engage the guy at all? It won’t get you anywhere.

He’s definitely got a screw loose. I think he suffers from paranoid delusions. For example, more than once he’s posted that the “scary crazy guy” has referenced his wife, his employer, and others close to him. But when I asked him repeatedly to back that up with facts, he turtles.

As if that isn’t enough, he constantly posts his absurd fantasies about other posters...especially those who disagree with him. He is totally trying to rationalize his irrational behavior.

I’m sure he’ll reply with his usual barrage of insults. I think he knows he has problems and uses the insults to try to bring us down to his level. I hope he gets the help he desperately needs.

^Last two posts by Scary Crazy Igy Obsessed Guy. Add “Putin” to his latest registered handle.

Ghost of Igloi wrote:

^Last two posts by Scary Crazy Igy Obsessed Guy. Add “Putin” to his latest registered handle.

Your fake news skills are not yet as refined as Trump, Hussman, Darden, etc.. Best to let them carry the ball for now, comrade.