Down goes the Dow

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.

1) Correct!

2) Also trust the information that comes from your investment company, ESPECIALLY if it is Vanguard or Fidelity.

3) Don't EVER question Flagpole's truthfulness. I do not lie, EVER.

4) NOBODY puts Baby in a corner.

seattle prattle wrote:

Flagpole wrote:

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?

Nope. You just misinterpreted what I said. I did NOT say no one is beating me. How could I possibly know that? I was just referring to HIS comment about people not beating me. Anyone NOT beating me is typical, as I said, because they are chasing tops and bottoms. I NEVER said or implied that I was beating everyone here. You're wrong.

The only reason I posted what my return this year has been is because Mazerati said he beats be every year and then he said he didn't beat the market this year. Well, I KILLED the market this year, so he obviously hasn't beaten me every year. I then ALSO said it was LUCK that my mid-cap fund (or FUNDS as in the money in the fund) did so well.

I AM the winner when you call me a liar and I prove to you that I didn't lie. THAT'S when I'm the winner.

I have NEVER said I was a winner because of my investing strategy.

I acknowledge that there are different strategies for investing, and it is my opinion that they are not better than what I do. Sorry if you can't deal with that.

The main thing today is that you have learned these lessons:

1) I do not EVER lie.

2) You will never catch me in a lie, because I never do it.

Rack-Ett wrote:

You know what, it makes sense now. You got run out of the Trump thread because Sally successfully trolled you into a mental institution where nobody bothers to respnd to you anymore, but, like our dear president, your narcissistic personality disorder has desperately brought you back here to the DGTD thread in hopes of recognition. "Please, look at me everyone. Acknowledge me please."

Sally, do you thing and rid us of this loser please

1) I don't post much in the Trump thread anymore, because the election is over. Biden won as I said he would, Rigged has devolved into a state of denial that I don't care to listen to, and my state prediction was off only by Florida. So, meh...not that interesting anymore.

2) Sally is just an a$$hole and an idiot. He has no ability to "troll me into a mental institution". Ha!

3) What a weird person you are. I have hardly posted anywhere the last month. If I cared about "getting recognition", and posting was the only way to do that, I would do it constantly. I peruse this thread every once in a while, and I saw someone mentioned my name, so I decided to respond...and then for some stupid reason, some here decided to challenge me on what I said. Nah...I don't EVER lie, so if someone's going to call me a liar, I will prove to them that they are wrong, which is what happened here.

4) Seems to me you have some insecurity or anger issues. Just be the best Racket you can be brother, and stop comparing yourself to me or anyone else.

You've got some working on yourself to do.

Let me simplify:

Bummbreath: "It’s sad that no ones beating Flagpole and he just buys and holds"

Flagpole: "That's not sad. That is typical. "

Flagpole: "It's not sad that they aren't beating me. "

And for the record, I did point out inconsistencies and inaccuracies in your posting, though to the best of my knowledge, i never called you a liar (though i could be wrong on that).

Does this mean you're gonna leave us alone now?

seattle prattle wrote:

seattle prattle wrote:

No comment. But see the bolded parts in case you don't know what i am talking about. And if you still don't know, I am talking about ROI YTD if not more (but probably more).

Good night, bub.

Let me simplify:

Bummbreath: "It’s sad that no ones beating Flagpole and he just buys and holds"

Flagpole: "That's not sad. That is typical. "

Flagpole: "It's not sad that they aren't beating me. "

And for the record, I did point out inconsistencies and inaccuracies in your posting, though to the best of my knowledge, i never called you a liar (though i could be wrong on that).

1) I did not say there that I am beating everyone here. Sorry, but I didn't.

2) Any inconsistencies you pointed out were wrong. I showed that everything I said was exactly as I stated it. You were wrong.

If I were in this to bother you (I'm not), I would now come back to this thread and post every day.

Let me be clear -- I will post here when I feel like it. Mostly I'm not interested in this thread anymore, because I have hit my goal. I PROBABLY won't post much here, no, but not because of anything you have said, you big baby.

Flagpole - you kept saying mid-caps but you only have ONE mid-caps. That is just one error you kept repeating. You tout index funds but the ONLY mid-cap fund you have is an actively managed one. You don't follow your own advice.

Flagpole wrote:

Rack-Ett wrote:

Does this mean you're gonna leave us alone now?

If I were in this to bother you (I'm not), I would now come back to this thread and post every day.

Let me be clear -- I will post here when I feel like it. Mostly I'm not interested in this thread anymore, because I have hit my goal. I PROBABLY won't post much here, no, but not because of anything you have said, you big baby.

Hey, I’ll trade baby for racist. ?

Yep Bummbull, a lot of that is me, sort of. I sold before the crash but did not buy back in until quite a bit later except for gold, on which I made some. I have never seen an equities recovery that rapid. Flagpole could easily be beating me this year.

Which tells me a few things, maybe that the tide has turned away from favoring me, to favoring him. I hope to be around another 30 years. So what if I did better over the first 30, that could all change over the next 30, starting with this year.

Hey Flag, let me ask you this: is your stuff mostly in retirement accounts, or in brokerage? Mine is about 5% retirement accounts only. I plan to max out all contributions this year and going forward, and also to do a Roth conversion.

Flagpole wrote:

seattle prattle wrote:

Let me simplify:

Bummbreath: "It’s sad that no ones beating Flagpole and he just buys and holds"

Flagpole: "That's not sad. That is typical. "

Flagpole: "It's not sad that they aren't beating me. "

And for the record, I did point out inconsistencies and inaccuracies in your posting, though to the best of my knowledge, i never called you a liar (though i could be wrong on that).

1) I did not say there that I am beating everyone here. Sorry, but I didn't.

2) Any inconsistencies you pointed out were wrong. I showed that everything I said was exactly as I stated it. You were wrong.

As for item #1.: He said exactly that and you agreed with him, not once, but twice. He said that no one is beating you and you said 'they aren't beating me."

You can just say that is not what you intended, but even if you don't, I am through in that i have other things more worthy of my time.

Two big differences between Flag and myself are that I am invested internationally and have currency hedges, and I am diversified much wider.

It seems as goes the US, so will go Flagpole.

Sally Vix wrote:

Flagpole - you kept saying mid-caps but you only have ONE mid-caps. That is just one error you kept repeating. You tout index funds but the ONLY mid-cap fund you have is an actively managed one. You don't follow your own advice.

Index funds are fine. I have never said to only buy index funds, so you are of course wrong there.

I have ONE mid-cap fund. That's it, and the one I do have happens to be over 60% YTD.

Of course I follow my own advice.

1) Get out of debt other than a mortgage.

2) Invest 15% or more of your income into stock mutual funds.

3) Pay off your mortgage.

4) Invest more.

5) Retire early or with a ton of money or both.

Now, once you get close to retirement like I am, you have a couple of big options:

1) Make your investments more conservative (some bonds, more dividend stocks, etc.).

2) OR, what I have chosen to do...have 3 YEARS of expenses in liquid non-stock or bond vehicles. This money does NOT need to be making money. The purpose of this money is so that you can use it and stay away from your stocks if the market takes a down turn. I have done this so I can still be somewhat aggressively invested. Not a fan of bonds, so I didn't want to go that route.

Maserati wrote:

Two big differences between Flag and myself are that I am invested internationally and have currency hedges, and I am diversified much wider.

It seems as goes the US, so will go Flagpole.

25% of my investments are international.

seattle prattle wrote:

Flagpole wrote:

1) I did not say there that I am beating everyone here. Sorry, but I didn't.

2) Any inconsistencies you pointed out were wrong. I showed that everything I said was exactly as I stated it. You were wrong.

As for item #1.: He said exactly that and you agreed with him, not once, but twice. He said that no one is beating you and you said 'they aren't beating me."

You can just say that is not what you intended, but even if you don't, I am through in that i have other things more worthy of my time.

Good grief dude. I was just referring to those who are not beating me. How could I possibly know that I am doing better than everyone here? I wouldn't blindly change what I've done with anyone here though, but I don't know that I've done better than everyone here, and I couldn't care less if I have. I WISH for all of you that you have done as well or better than me, because that would be you are all wealthy, and in my case done on just decent, not phenomenal salaries.

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.

You're a mod ... and have deleted it. Someone who trumpets his honesty so much should at least try to be honest.

Maserati wrote:

Yep Bummbull, a lot of that is me, sort of. I sold before the crash but did not buy back in until quite a bit later except for gold, on which I made some. I have never seen an equities recovery that rapid. Flagpole could easily be beating me this year.

Which tells me a few things, maybe that the tide has turned away from favoring me, to favoring him. I hope to be around another 30 years. So what if I did better over the first 30, that could all change over the next 30, starting with this year.

Hey Flag, let me ask you this: is your stuff mostly in retirement accounts, or in brokerage? Mine is about 5% retirement accounts only. I plan to max out all contributions this year and going forward, and also to do a Roth conversion.

Know that I am just a facts-oriented guy when I answer this:

1) I am beating you this year. You said you aren't beating the market this year, and I am killing the market. It is the biggest beating I have had on the market ever in all my years of investing. Now, because so many of you seem to think this is me bragging about how smart I am or some other nonsense...I just got LUCKY in 2020 that I have a very big mid-cap fund that did extremely well. This fund has been negative before, but so far this year over 60%. You set yourself up for luck though when you just invest no matter the market.

2) The vast majority of my stuff is in retirement accounts. I use Vanguard and Fidelity only, and I only buy mutual funds...no individual stocks. Early on in my working career, the company I worked for at the time used Merrill Lynch, but when I left that company, I rolled that money into a Vanguard Roth IRA.

3) I am not against buying individual stocks, and I have actually met the personal criteria I have for owning them. If you have at least a million dollars of invested money in stocks, plus a paid for house, no other debt, and you still are contributing a minimum of 15% of your income to retirement accounts made up of stock mutual funds, you can then buy individual stocks. If you do buy individual stocks, you should own no fewer than 5 at any one time, and they should all be equally spread out in different sectors of the market. I may do that some day for fun, but perhaps not. I would just really rather not think about individual stocks.

the media is corrupt wrote:

Flagpole wrote:

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.

You're a mod ... and have deleted it. Someone who trumpets his honesty so much should at least try to be honest.

1) I'm not a moderator and never have been and do not ever want to be and therefore never will be.

2) I have never said I would leave this message board for any length of time for any reason.

3) I have never deleted anything I have written, because I am not a moderator and do not have that authority.

4) I never lie EVER. I have 100% integrity 100% of the time.

Ghost of Igloi wrote:

Flagpole wrote:

If I were in this to bother you (I'm not), I would now come back to this thread and post every day.

Let me be clear -- I will post here when I feel like it. Mostly I'm not interested in this thread anymore, because I have hit my goal. I PROBABLY won't post much here, no, but not because of anything you have said, you big baby.

Hey, I’ll trade baby for racist. ?

Well, I'll leave my calling you out on that other thread. You have some serious personal growth to attend to.