Down goes the Dow

Bummbull wrote:

I’m not sure why you’re so against Flagpole. Whether or not his percentage that he stated is exactly right or wrong, the way that he’s invested, he’s able to retire now in his 50s in comfort. That’s the important part. It’s all about getting to our goals of financial freedom by investing.

Also, Flagpole invests just like you do, Sally. Which is holding funds for long term and reaping benefits from it.

1) Sally is against me because I have properly called him a liar and an a$$hole on another thread. He can STOP being a liar, and he can STOP being an a$$hole, but so far, he hasn't done that, so he remains both.

2) My percentages are EXACTLY as I have stated, and I have now proven that, even to the satisfaction of the aforementioned Sally.

3) You are correct that investing is all about getting to our own individual goals. I am now past what my retirement goals were. I hit that point when the Dow reached 20,000, so I am way past it now.

4) If Sally actually invests like I do -- regular unbroken investing in diversified funds and then throwing in extra when the market drops a lot while working to be debt free and own a house outright (I am now 100% debt free including a paid-for house), then that is the first smart thing I have ever heard he has done.

FP, I said what i meant and I meant what i said.

I have better things to waste my time on.

Out.

Flagpole wrote:

Now, say it with me all of you (you too, Seattle)...

"I see that Flagpole was telling the truth. I recognize that Flagpole doesn't ever lie. I will not doubt him in the future."

Now, beyond the above, you losers need to quit thinking about investing as a big dick contest. No, none of you are smart investors. I am not a smart investor and never claimed to be. What I DO is smart though...get rid of debt and invest, invest, invest, and diversify. I do not follow trends. I do not try to outthink the market or other investors. I simply put money in like clockwork and without fail. That's what you should all be doing.

Flagpole, I will give you a little investing advice. You have always expressed how good Vanguard funds are especially with their low investment ratios - often as low as 0.02%. Your Artisan fund has an expense ratio of 1.18%. Also, why do you have only one mid-cap? Ummm...ever heard of diversification? Why no Vanguard mid-caps? Your Artisan fund has a solid performance over the last decade as do most mutual funds. But you got to diversify dude. Your Artisan fund is too specific.

Back in the mid-90s there was a pretty well-known study done concluding that only 4% of one's portfolio performance was stock/fund-picking and market-timing. The other 96% was diversification. You need to diversify! I know you are not a spring chicken but don't put all your eggs in one basket.

expense ratios

While Flagpole is imo a dipshxt, I doubt that he is lying about anything on here.

Thankfully I wasn’t in the Trump thread.

Hey Flagpole do you have any BRK? Why or why not?

I was looking at a description of their portfolio and noticed STOR. How the F is it valued at anything? Sure, has historically paid a decent dividend—but health clubs and movie theaters, among others?

Maybe they have sold/reduced their position since the description, I haven’t checked.

FWIW I am thinking of migrating to Flagpole’s universe. I have too many other things to do these days, managing like I do is taking too much of my time, and I’m getting worse at it, as I have devoted less time.

Hey agip my Bitcoin is up 23%, having averaged in some. Might sell and repurchase to book the gain this year, just to have a clean crypto annual.

seattle prattle wrote:

Flagpole, i accept that. I am a reasonable guy and if you intended something that i understood differently, okay, let's move on.

First, the midcap you reference was never once up 60% YTD this year as you claim and not even close. I checked.

Let's leave it at that for now.

Stop. Just stop:

60.27% YTD - there it is, in black and white, clear as crystal. You STOLE fizzy lifting drinks...um, I mean, you are wrong.

Care to admit it now?

It is precisely because the debt situation is unsolvable that rates are at zero.

And yeah ghost that treasury increase is not lost on anyone—but the Fed is apparently the only one buying.

I do not own any Berkshire Hathaway stuff, no. No real reason why. I just don't.

seattle prattle wrote:

FP, I said what i meant and I meant what i said.

I have better things to waste my time on.

Out.

You called me a liar dude. You said the fund I referenced has not even been close to 60% on the year.

Here it is again:

Care to apologize or at least admit you were wrong? Because you were wrong.

And Flagpole beware, retirement can be exhausting. I am thinking about picking up some legal work again, just to be able to relax a bit!

Sally, I do NOT need investing advice from you.

I am extremely well diversified. Small cap, mid-cap, large cap, international. I have stuff that is aggressive and stuff that is not. The amount of money I have generated from my investments since 1989 is insane. It's more than I need. It's more than I thought I would end up with. I need no advice from you.

Maserati wrote:

And Flagpole beware, retirement can be exhausting. I am thinking about picking up some legal work again, just to be able to relax a bit!

I can not know what retirement will bring, but if I find a need to go back to work for any reason, I can always do that. I do not THINK I will want to, but there is always that option. As long as I have my piano (keyboards) and guitars, my running shoes and online video games, my dog, my wife, my adult children to visit, stuff to see that I haven't yet, Netflix and like services, I don't see getting bored, and I probably won't be exhausted and need to work because of that, but again, I don't know yet as I am not yet retired. I'm pretty sure if I am exhausted in retirement, I will cut back on my schedule.

You’re wanting to give investing advice to Flagpole? He is plenty diversified.

Your claim to fame is that you brag about calling Dow rebounding and going higher by fall or something. You brag about it, but yet, you didn’t take any advantage with that prediction. At least if you’re going to brag about it, you should’ve put a lot more money into the market when stocks were way down instead of just calling it.

Come on Seattle Prattle, care to admit you were wrong?:

https://www.morningstar.com/funds/xnas/aphmx/quote

There it is...YTD 60.27%

Just shows you have integrity when you admit to being wrong. What you doing to do?

Generally speaking, I don't listen to anyone with regard to investing anymore. I learned what I needed to learn a long time ago, and I have more than enough now, even if I just took it all out and put it in my checking account (which I won't do). Most people go into investing with the wrong attitude...how do I make the most possible? How do I beat the market or others? It just matters not. It ONLY matters that you have enough to do what you want with the proceeds, and retirement should be at the top of that list.

MOrningstar shows it differently than Yahoo Finance, which shows it at 50% YTD. When i crunch the numbers, i get closer to the yahoo finance number. Ameritrade brokerage also shows numbers more in line with Yahoo Finance's.

https://finance.yahoo.com/quote/APHMX?p=APHMX

But i don;'t really care abou that, truth be told.

As i said, my objection is with you and Bummstead claiming highest percentage returns of the investors here without any proof.

Yup, there is STOR on the latest13f.

?

*cross posting this from the Trump thread to make sure people see it*

So, within about 5 minutes of my previous post both my accounts (R and Dr. R) got banned and the post has been deleted. Now that's sort of odd because this thread is supposedly unmoderated and posts are red flagged only via the report function. So, what was so controversial?

The post in question highlighted the fact that a certain anti-social well known troll living in Seattle used to post as DFF. This was already pretty well known and no one really cares about that kid anyways. The real "unforgivable" act was probably when I correctly pointed out the rather embarrassing and frightening social media presence of a certain former US @(steeple)%-$(chaser)# (we'll call this person Individual 2).

Since the post was so quickly removed, I have some theories.

1) Someone reported me - this is possible but I've said way worse and almost all of LRC is in unison with what I posted.

2) a)There is a mod actively trolling this sub. The idea that Sally Vix is rojo has been floated before but honestly rojo is way to stupid to be able to keep it going for that long, but rojo has been caught multiple times trolling the boards before.

b) DG is, and has always been, Individual 2. I believe this could easily be the case. The writing style is not too far off and they share many of the same beliefs, but it's not quite airtight. DG was apparently an avid course steel-tape measuring guru in Indiana. Could be a cover by Individual 2 though.

3) They're using entry level Python kiddie-scripts that throw alerts to a mod-mail on keywords. This could also be the case (hence the symbols above).

What's interesting is that this is the first time I've been banned by username. I've been hit with probably 50 IP bans before and those never bother me because I use ProtonVPN (highly recommended btw because you definitely DO NOT want the brojos holding your data. And Ive basically got 1000s of IPs at my disposal so keep em coming >:) ).

But yeah, a username ban because I disgraced the almighty name of Individual 2? It used be that you had to mention the time he openly admitted to doping for such a punishment.

seattle prattle wrote:

MOrningstar shows it differently than Yahoo Finance, which shows it at 50% YTD. When i crunch the numbers, i get closer to the yahoo finance number. Ameritrade brokerage also shows numbers more in line with Yahoo Finance's.

https://finance.yahoo.com/quote/APHMX?p=APHMX

But i don;'t really care abou that, truth be told.

As i said, my objection is with you and Bummstead claiming highest percentage returns of the investors here without any proof.

I don’t think I’ve stated Flagpole having highest percentage return. I stated something like many aren’t beating Flagpole with all of the buying and selling everyone does here.

So many on here jumped ship in March. Probably sold after significant drop. Then, didn’t start to buy back in until the stock prices were higher than what they sold it for.

Also, many here claiming victory on some trades, it’s only with very small portion of their net worth so doesn’t matter if you’re able to double it if you only invested like $10k.

Also, some may be able to time it right here and there, but over a long term for like decades, it’s very difficult to do.