Klondike5 wrote:
What's the bottom?
I am betting sub 13,000
Keep hanging on.
It will get down there and then you can finally put your money in the market.
Klondike5 wrote:
What's the bottom?
I am betting sub 13,000
Keep hanging on.
It will get down there and then you can finally put your money in the market.
la gente esta muy loca wrote:
la gente esta muy loca wrote:
WTF LOL
Seems I accidentally hit post reply. That's what happens after driving 1300 miles in 2 days and than consuming a few glasses of Jumilla. Maybe I'll follow up tomorrow, but a few observations. Most companies use a 20% or 25% hurdle rate.
I have no idea where Sally Vix pulled the $1 million to $32 million over the last 30 years.
Good night.
Actually there are some funds that you could have invested in and achieved that result; e.g. FOCPX, FKDNX ( same fund mgr since 1968 - Rupert H Johnson ), AGTHX. That is before taxes and is easy to know ex-post but not ex-ante. In the case of Fidelity OTC you would have to endure a 60% plus drawdown.
Bummbull wrote:
I was just curious with your investment portfolio since from all of your writing, you’re very smart, but maybe your smartness has gotten in your way in investing and have had suboptimal performance for decades.
Ghost of Igloi wrote:
Bummbell,
I was giving you honest, and good advice. Evidently that wasn’t enough.
Igy
You should not be surprised that Igy dances around the question. He is understandably embarrassed by his investment portfolio. Did you know that he is almost 70 years old and still working because he is in debt up to his ears? He is not someone you want to take investment advice from.
The Morgan Stanley Institutional Growth Fund managed by Dennis Lynch has one of the better track records, and up 79% in 2020.
Stanley Morgan wrote:
Bummbull wrote:
I was just curious with your investment portfolio since from all of your writing, you’re very smart, but maybe your smartness has gotten in your way in investing and have had suboptimal performance for decades.
Ghost of Igloi wrote:
Bummbell,
I was giving you honest, and good advice. Evidently that wasn’t enough.
Igy
You should not be surprised that Igy dances around the question. He is understandably embarrassed by his investment portfolio. Did you know that he is almost 70 years old and still working because he is in debt up to his ears? He is not someone you want to take investment advice from.
Did you know that since 1/6/2018 that out of 217 posts from Stanley Morgan that 212 are about Igy? Seems like this guy has a weird fascination with me. I wonder what stories this sicko will spin when I am retired in a couple of weeks. I am sure it will give him a good bone.
Irony Mann wrote:
Ghost of Igloi wrote:
You give investment advice. I comment on markets, of which you know very little, Bob.
Oh, the irony!
16 out of 16 since 3/20/2020
I think that deserves an Igy Fan Club Button.
Should I send it to the same address as Stanley Morgan?
It’s Free!
Ghost of Igloi wrote:
Stanley Morgan wrote:
You should not be surprised that Igy dances around the question. He is understandably embarrassed by his investment portfolio. Did you know that he is almost 70 years old and still working because he is in debt up to his ears? He is not someone you want to take investment advice from.
Did you know that since 1/6/2018 that out of 217 posts from Stanley Morgan that 212 are about Igy? Seems like this guy has a weird fascination with me. I wonder what stories this sicko will spin when I am retired in a couple of weeks. I am sure it will give him a good bone.
More dancing.
Stanley Morgan wrote:
Ghost of Igloi wrote:
Did you know that since 1/6/2018 that out of 217 posts from Stanley Morgan that 212 are about Igy? Seems like this guy has a weird fascination with me. I wonder what stories this sicko will spin when I am retired in a couple of weeks. I am sure it will give him a good bone.
More dancing.
Your harassment is now easily documented now 213/218.
Shocking, as well as weird.
Passed on to my daughter by the way.
You know her right, a law partner now.
la gente esta muy loca wrote:
la gente esta muy loca wrote:
WTF LOL
Seems I accidentally hit post reply. That's what happens after driving 1300 miles in 2 days and than consuming a few glasses of Jumilla. Maybe I'll follow up tomorrow, but a few observations. Most companies use a 20% or 25% hurdle rate.
I have no idea where Sally Vix pulled the $1 million to $32 million over the last 30 years.
Good night.
Actually there are some funds that you could have invested in and achieved that result; e.g. FOCPX, FKDNX ( same fund mgr since 1968 - Rupert H Johnson ), AGTHX. That is before taxes and is easy to know ex-post but not ex-ante. In the case of Fidelity OTC you would have to endure a 60% plus drawdown.
I don't think so. FIrst, and perhaps foremost, they don't achieve the 3,200% appreciation necessary to achieve the target set by Sally. Second, they are not diversified by any means, as stated as a qualification by Sally.
But interstingly, the Nasdaq index comes close. at a 2,650 % appreciation. And if you invest in the 3x leveraged SNP 500 index when it came out about 11 years ago (yes i remember it happening), you could have made that apprciation, but only if you sold at the right time (January of this year).
and fwiw, both TQQQ and TECL absolutely kill that target, by comparison.
seattle prattle wrote:
la gente esta muy loca wrote:
Actually there are some funds that you could have invested in and achieved that result; e.g. FOCPX, FKDNX ( same fund mgr since 1968 - Rupert H Johnson ), AGTHX. That is before taxes and is easy to know ex-post but not ex-ante. In the case of Fidelity OTC you would have to endure a 60% plus drawdown.
I don't think so. FIrst, and perhaps foremost, they don't achieve the 3,200% appreciation necessary to achieve the target set by Sally. Second, they are not diversified by any means, as stated as a qualification by Sally.
But interstingly, the Nasdaq index comes close. at a 2,650 % appreciation. And if you invest in the 3x leveraged SNP 500 index when it came out about 11 years ago (yes i remember it happening), you could have made that apprciation, but only if you sold at the right time (January of this year).
and fwiw, both TQQQ and TECL absolutely kill that target, by comparison.
But instead, say you bought Apple instead. Hardly an unknown company and not too far-fetched, really. Well, the 1 mil invested thirty years ago would be worth 2.7 billion dollars today.
Ghost of Igloi wrote:
Stanley Morgan wrote:
More dancing.
Your harassment is now easily documented now 213/218.
Shocking, as well as weird.
Passed on to my daughter by the way.
You know her right, a law partner now.
What harassment? Pointing out your age and debt is factual and pertinent to the discussion.
On the other hand, your reviewing 218 of my posts is indicative of your obsession with those of us who disagree with you. Creepy to say the least.
Go Pats!
OK. Have it your way.
Star wrote:
Klondike5 wrote:
What's the bottom?
I am betting sub 13,000
Keep hanging on.
It will get down there and then you can finally put your money in the market.
One or two years from now you will be wishing the Dow was at 13k.
The economy has been destroyed by these lock-downs.
The market will follow
Portia wrote:
https://www.advisorperspectives.com/dshort/updates/2020/08/28/s-p-500-snapshot-broken-record-another-new-high?bt_ee=GOipKcYOUu4WqbYrL5WmTGgNC4Hk4jNX0KxZUguq0BT7BEUYeqpVP5zi2CIws1kg&bt_ts=1598703752361
“It is important to note that S&P 500 companies beat EPS estimates that were lowered at record-high levels coming into the second quarter earnings season. Aggregate earnings (on a per-share basis) for Q2 2020 declined by 37% during the quarter, which was the largest percentage decline in the bottom-up EPS estimate for a quarter since FactSet began tracking this data in Q1 2002.”
I think you replied to the wrong post there, Igy.
Stanley Morgan wrote:
Ghost of Igloi wrote:
Your harassment is now easily documented now 213/218.
Shocking, as well as weird.
Passed on to my daughter by the way.
You know her right, a law partner now.
What harassment? Pointing out your age and debt is factual and pertinent to the discussion.
On the other hand, your reviewing 218 of my posts is indicative of your obsession with those of us who disagree with you. Creepy to say the least.
Go Pats!
Ghost of Igloi, I will give you credit for believing so much in your conviction that you can be wrong for a very very long time and still stick with it. It has probably cost you millions and decades of years of work, but it’s incredible.
As Unkle pointed out about wishing Dow will be at 13k in few years and I believe you have similar thinking, I don’t see it happening. It will drop substantially in the future, but the market will eventually roar back again. I wholeheartedly believe that market is rigged to go up as well the government and fed will not let the rich lose all of its money. It will bounce back even when there is a drop. If not, that’s the end of America. Maybe end of the world. If America ends, world will be in trouble.
I invested heavily in AAPL and NKLA this past week. Time will tell.
I continue to look at TSLA in disbelief. I thought it was overpriced at 350. It reminds me of 1999 and the dot com boom.
fisky wrote:
I invested heavily in.... NKLA
Can't tell if serious or trolling. Either way, seek help immediately