Racket, very interesting. Not sure what to make of all this. Will keep my eyes open and hope to see your continued presence here and on the Trump thread.
The moderation practices are starting to give me the creeps....
Racket, very interesting. Not sure what to make of all this. Will keep my eyes open and hope to see your continued presence here and on the Trump thread.
The moderation practices are starting to give me the creeps....
oboy racket - I think you are right about the one person not to refer to.
interesting idea that that one person and Old DG might be the same guy. You are right - they do have a similar core meanness and aggression.
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.
While I think you have the upper hand in this current spat ... you did lie when you claimed if Hillary lost that you would leave letsrun messageboard forever.
I guess you are probably doing some mental gymnastics to convince yourself you weren’t lying.
seattle prattle wrote:
Racket, very interesting. Not sure what to make of all this. Will keep my eyes open and hope to see your continued presence here and on the Trump thread.
The moderation practices are starting to give me the creeps....
The moderation practices here have always been controversial. What's the common theme every time it gets called into question?
Individual 2.
Anyways, as for whatever this alt-Flagpole account called Bumbell is saying, no one here has claimed to beat the market (except John Hussman of course). And Flagpole's buy and never sell advice is dangerous and I suspect he's not being upfront. No one does that, and I don't even know how you could accomplish that for longer than like 10 years. Like what were you buying 40 years ago? AT&T? GE? Sounds like a great way to become the world's biggest bagholder.
Modern portfolios sell their winners every quarter and re-invest the profits between bonds and other stocks/ETFs accordingly. That's just basic re-balancing and literally every non-hedge fund does it
for the record, trust Morningstar, not Yahoo.
Yahoo is a free service so they don't quality check and they often get mucked up around dividends and capital gains distributions and whether they are measuring until yesterday's close...or to the prior month's close.
Morningstar is a class org - they get it right.
agip wrote:
for the record, trust Morningstar, not Yahoo.
Yahoo is a free service so they don't quality check and they often get mucked up around dividends and capital gains distributions and whether they are measuring until yesterday's close...or to the prior month's close.
Morningstar is a class org - they get it right.
thx, but AMieritrade numbers agree with Yahoo's. ANd i even ran them myself and they don't come up with Morningstar's/.
But not a big deal to me, just interesting.
agip wrote:
oboy racket - I think you are right about the one person not to refer to.
interesting idea that that one person and Old DG might be the same guy. You are right - they do have a similar core meanness and aggression.
And the same self-piety.
Yeah, I think this little mystery is coming to an end
Rack-Ett wrote:
seattle prattle wrote:
Racket, very interesting. Not sure what to make of all this. Will keep my eyes open and hope to see your continued presence here and on the Trump thread.
The moderation practices are starting to give me the creeps....
The moderation practices here have always been controversial. What's the common theme every time it gets called into question?
Individual 2.
Anyways, as for whatever this alt-Flagpole account called Bumbell is saying, no one here has claimed to beat the market (except John Hussman of course). And Flagpole's buy and never sell advice is dangerous and I suspect he's not being upfront. No one does that, and I don't even know how you could accomplish that for longer than like 10 years. Like what were you buying 40 years ago? AT&T? GE? Sounds like a great way to become the world's biggest bagholder.
Modern portfolios sell their winners every quarter and re-invest the profits between bonds and other stocks/ETFs accordingly. That's just basic re-balancing and literally every non-hedge fund does it
disagree...there have been mutual funds 50+ years and they keep getting better. Not so hard to buy them a generation ago and still own them. My wife bought Fidelity Low Price stock in the early 90s and we still own it. Lots of funds are still around from then. Lots.
what is 'modern portfolios'? in my experience, individual investors don't rebalance at all.
And since stocks have done so well for ten years, not rebalancing has been a winning decision.
agip wrote:
for the record, trust Morningstar, not Yahoo.
Yahoo is a free service so they don't quality check and they often get mucked up around dividends and capital gains distributions and whether they are measuring until yesterday's close...or to the prior month's close.
Morningstar is a class org - they get it right.
I've also seen weird results on Yahoo from funny bid/ask spreads and a stock would show either way high or way low.
That being said, their historical daily closing prices always seemed to be basically correct? The interactive chart though can be hit or miss
agip wrote:
Rack-Ett wrote:
The moderation practices here have always been controversial. What's the common theme every time it gets called into question?
Individual 2.
Anyways, as for whatever this alt-Flagpole account called Bumbell is saying, no one here has claimed to beat the market (except John Hussman of course). And Flagpole's buy and never sell advice is dangerous and I suspect he's not being upfront. No one does that, and I don't even know how you could accomplish that for longer than like 10 years. Like what were you buying 40 years ago? AT&T? GE? Sounds like a great way to become the world's biggest bagholder.
Modern portfolios sell their winners every quarter and re-invest the profits between bonds and other stocks/ETFs accordingly. That's just basic re-balancing and literally every non-hedge fund does it
disagree...there have been mutual funds 50+ years and they keep getting better. Not so hard to buy them a generation ago and still own them. My wife bought Fidelity Low Price stock in the early 90s and we still own it. Lots of funds are still around from then. Lots.
what is 'modern portfolios'? in my experience, individual investors don't rebalance at all.
And since stocks have done so well for ten years, not rebalancing has been a winning decision.
People who are moving in and out of positions never match the performance of a particular fund/ETF. What Flagpole says about buying and holding is the truth. He, I believe, is talking more about mutual funds and ETFs, not about specific stocks. Vanguard Health fund (VGHCX) has an annual return of 16% since inception (1984). With that type return it has doubled almost every 4 years. Think about that. Why would you ever want to sell that? You buy it and hold it for 30 or 40 or 50 years.
Also, what you want to do is match the market. You are not likely to beat it. You want to be sufficiently diversified to match the overall market.
agip wrote:
Rack-Ett wrote:
The moderation practices here have always been controversial. What's the common theme every time it gets called into question?
Individual 2.
Anyways, as for whatever this alt-Flagpole account called Bumbell is saying, no one here has claimed to beat the market (except John Hussman of course). And Flagpole's buy and never sell advice is dangerous and I suspect he's not being upfront. No one does that, and I don't even know how you could accomplish that for longer than like 10 years. Like what were you buying 40 years ago? AT&T? GE? Sounds like a great way to become the world's biggest bagholder.
Modern portfolios sell their winners every quarter and re-invest the profits between bonds and other stocks/ETFs accordingly. That's just basic re-balancing and literally every non-hedge fund does it
disagree...there have been mutual funds 50+ years and they keep getting better. Not so hard to buy them a generation ago and still own them. My wife bought Fidelity Low Price stock in the early 90s and we still own it. Lots of funds are still around from then. Lots.
what is 'modern portfolios'? in my experience, individual investors don't rebalance at all.
And since stocks have done so well for ten years, not rebalancing has been a winning decision.
OK yeah if you're a teacher's union pension fund buying city municipal bonds T-bonds then OK, sure. Might as well through in some mortgage bonds while you're at it.
"Modern portfolios" are 401ks managed by BlackRock and Vanguard and such. Yes, 100% in stocks would have been better. 100% YOLO in way out of the money call options on Tesla would have made you a billionaire. But not everyone wants to risk 100% exposure. And I wasn't talking about individual investors so much.
Sally Vix wrote:
agip wrote:
disagree...there have been mutual funds 50+ years and they keep getting better. Not so hard to buy them a generation ago and still own them. My wife bought Fidelity Low Price stock in the early 90s and we still own it. Lots of funds are still around from then. Lots.
what is 'modern portfolios'? in my experience, individual investors don't rebalance at all.
And since stocks have done so well for ten years, not rebalancing has been a winning decision.
People who are moving in and out of positions never match the performance of a particular fund/ETF. What Flagpole says about buying and holding is the truth. He, I believe, is talking more about mutual funds and ETFs, not about specific stocks. Vanguard Health fund (VGHCX) has an annual return of 16% since inception (1984). With that type return it has doubled almost every 4 years. Think about that. Why would you ever want to sell that? You buy it and hold it for 30 or 40 or 50 years.
Yeah, sorry, didn't know we were talking about mutual funds aka the most boomer of all boomer investments.
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=APHMXBut 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.
1) I was correct about the Artisan fund.
2) I never claimed the highest percentage returns. I NEVER said that.
You were wrong both times.
Rack-Ett wrote:
Sally Vix wrote:
People who are moving in and out of positions never match the performance of a particular fund/ETF. What Flagpole says about buying and holding is the truth. He, I believe, is talking more about mutual funds and ETFs, not about specific stocks. Vanguard Health fund (VGHCX) has an annual return of 16% since inception (1984). With that type return it has doubled almost every 4 years. Think about that. Why would you ever want to sell that? You buy it and hold it for 30 or 40 or 50 years.
Yeah, sorry, didn't know we were talking about mutual funds aka the most boomer of all boomer investments.
Well, I for one am NOT a Boomer. Also, mutual funds remain a great way to invest. Not sure what your problem with them is. No need to tell me, because I couldn't care less.
seattle prattle wrote:
agip wrote:
for the record, trust Morningstar, not Yahoo.
Yahoo is a free service so they don't quality check and they often get mucked up around dividends and capital gains distributions and whether they are measuring until yesterday's close...or to the prior month's close.
Morningstar is a class org - they get it right.
thx, but AMieritrade numbers agree with Yahoo's. ANd i even ran them myself and they don't come up with Morningstar's/.
But not a big deal to me, just interesting.
Man, give it up. Morningstar is right. This is also the same info I get from my Fidelity reports. Artisan mid-cap is up 60.27 YTD as of today's reporting (which was Christmas Eve).
I swear you people can't admit when you are wrong.
Flagpole wrote:
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=APHMXBut 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.
1) I was correct about the Artisan fund.
2) I never claimed the highest percentage returns. I NEVER said that.
You were wrong both times.
As for the second point, Bummstead claimed no one was beating Flagpole and you agreed with him. And you quoted your year to date percentage return. One would naturally assume exactly what i said. I have already quoted you once (see post i made 23 hours ago), but if you need me to, i can post it again.
And more importantly, why don't you and others accept that different trading strategies exist besides yours (and Sally's and Bummstead's) buy and hold.
What is mega annoying is that you declare yourself the winner, call others on the board generally idiots, and then lecture us how your strategy is better than others.
What part of that do you care to refute?
the media is corrupt wrote:
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.
While I think you have the upper hand in this current spat ... you did lie when you claimed if Hillary lost that you would leave letsrun messageboard forever.
I guess you are probably doing some mental gymnastics to convince yourself you weren’t lying.
Nope. I never said that. I have never promised to leave this message board for any length of time. Find the post and prove me wrong. You will not be able to, because I have never said that.
Try again.
Flagpole wrote:
the media is corrupt wrote:
While I think you have the upper hand in this current spat ... you did lie when you claimed if Hillary lost that you would leave letsrun messageboard forever.
I guess you are probably doing some mental gymnastics to convince yourself you weren’t lying.
Nope. I never said that. I have never promised to leave this message board for any length of time. Find the post and prove me wrong. You will not be able to, because I have never said that.
Try again.
And, the reason I have never said that is because that is akin to betting, and I do not bet anything because it is low class.
Flagpole wrote:
Rack-Ett wrote:
Yeah, sorry, didn't know we were talking about mutual funds aka the most boomer of all boomer investments.
Well, I for one am NOT a Boomer. Also, mutual funds remain a great way to invest. Not sure what your problem with them is. No need to tell me, because I couldn't care less.
You obviously care enough to respond you absolute loser. No one wants to hear your sh!t in the Trump thread and no one wants it here. Just leave.