Racket wrote:
Ghost of Igloi wrote:
What a difference a week makes. I wonder how that portfolio has performed?
No one with even half a brain would hold this sh!t for longer than 1 day except AMZN. The rest is literally memes and 3x leveraged ETFs so I suspect the guy was trolling from the get go
You guys want to compare our performance?
Racket, with all of the trading you do, I doubt you even hold any bonds.
I hold bonds for exactly like time like this. Market can go back down to what it was in March. I hold more bonds now than my entire portfolio was in February.
Actually, I'll be glad if market tanks to what it was in March. I doubt that it will, but if it does, I'm ready to buy a lot.
I've already made money from TSLA by buying at $460. Selling half of my shares at around $1900, then selling another half at $2,200.
So, I would love to know you and Ghost of Igloi's performance.
I know for sure that I'm outperforming Ghost of Igloi. Racket, with the type of comments you make, you tend to buy high and sell low.
With my asset allocation with bonds, i'm guaranteed to buy low and sell high, so with my discipline, I can take advantage of rebalancing in 3x ETFs with UPRO and TMF.
TMF holds up well when UPRO crashes and i rebalance. and I have bonds to rebalance on top of that.
Racket, I doubt you have enough capital in your portfolio to undertand the concept of rebalancing. When you do, you'll understand. Have fun continue to time in the market.
As of now, I'm still up $410K for the year. How is that possible? b/c I trim some of my winners to rebalance and buy bonds. I remember you criticizing me at one point about the concept of rebalancing as that's stupid for selling winners and buying losers.