SP500 all time high
SP500 all time high
Fed balance sheet will never be reduced, and U.S. debt can never be paid back. Funnily enough, people take Powell’s comments as if they have relevance to the future.
Ghost of Igloi wrote:
Fed balance sheet will never be reduced, and U.S. debt can never be paid back. Funnily enough, people take Powell’s comments as if they have relevance to the future.
Are you suggesting they are relevant to the past?
Ghost of Igloi wrote:
Fed balance sheet will never be reduced, and U.S. debt can never be paid back. Funnily enough, people take Powell’s comments as if they have relevance to the future.
The debt never needs to be paid back, of course. Just rolled over.
I do think the Fed balance sheet will shrink in the future, esp if we consider it as a percent of GDP.
We just need the Dems to have the courage to raise some taxes and firm up the foundation .
I hope they do.
That’s one huge burrito to get rolled over. Better grab some Tums.
Alright, what do you guys think about tax optimization?
My VWAGY bet is going crazy. Knew it. They are gonna crush EV. My TSLA bet down -22%.
Up about 104% in the past 2 months.
Do I wait until 1 year to get that 15% tax rate on LTCG? Or do I cash in now and take most likely a 32% marginal rate?
If the market is truly forward looking it will eventually figure out Fed policy and Government stimulus was misguided and foolish nonsense.
Taycan is a good looking vehicle.
Swaglord_the_real_one_1_1_1 wrote:
Alright, what do you guys think about tax optimization?
My VWAGY bet is going crazy. Knew it. They are gonna crush EV. My TSLA bet down -22%.
Up about 104% in the past 2 months.
Do I wait until 1 year to get that 15% tax rate on LTCG? Or do I cash in now and take most likely a 32% marginal rate?
geez do your short term trading in an IRA
agip wrote:
Swaglord_the_real_one_1_1_1 wrote:
Alright, what do you guys think about tax optimization?
My VWAGY bet is going crazy. Knew it. They are gonna crush EV. My TSLA bet down -22%.
Up about 104% in the past 2 months.
Do I wait until 1 year to get that 15% tax rate on LTCG? Or do I cash in now and take most likely a 32% marginal rate?
geez do your short term trading in an IRA
ok boomer.
swaglord, sell all your gains and double down on options on VWAGY
When the world literally can't make enough stuff to meet demand, it's time to buy stonks.
That’s way higher than I would have guessed.
https://twitter.com/jimpethokoukis/status/1372523347301515264?s=21
agip wrote:
When the world literally can't make enough stuff to meet demand, it's time to buy stonks.
https://www.wsj.com/articles/everywhere-you-look-the-global-supply-chain-is-a-mess-11616019081?mod=hp_lead_pos1
Don't forget to thank your local boomer for selling out the US for a few more pennies on their dividend stocks
agip wrote:
That’s way higher than I would have guessed.
https://twitter.com/jimpethokoukis/status/1372523347301515264?s=21
wonder how they came up with that estimation
captain o wrote:
Ghost of Igloi wrote:
In regards to the Hussman HSGFX, I will add to my position if the market makes a run to 4,000 and above, which in that case I believe he will underperform.
You will add to your position, if you think it will underperform?
Why would you own ANY of that horrendous fund? It has the lowest Morningstar rating, has lost 80% of its investors and has the pretty much the worst performance record of anything around. Plus sky high annual fees. Serious question - why would you ever buy that crap? Because that is what it is. You have to be a troll.
Calamity Joe wrote:
captain o wrote:
You will add to your position, if you think it will underperform?
Why would you own ANY of that horrendous fund? It has the lowest Morningstar rating, has lost 80% of its investors and has the pretty much the worst performance record of anything around. Plus sky high annual fees. Serious question - why would you ever buy that crap? Because that is what it is. You have to be a troll.
Hussman is completely dependent on a bear market to perform well.
You were completely dependent on Trump to be amusing.
At least Hussman can still hold out hope for future performance. You though - you might as well just be fvcking dead
Dr. Racket wrote:
Calamity Joe wrote:
You will add to your position, if you think it will underperform?
Why would you own ANY of that horrendous fund? It has the lowest Morningstar rating, has lost 80% of its investors and has the pretty much the worst performance record of anything around. Plus sky high annual fees. Serious question - why would you ever buy that crap? Because that is what it is. You have to be a troll.
Hussman is completely dependent on a bear market to perform well.
You were completely dependent on Trump to be amusing.
At least Hussman can still hold out hope for future performance. You though - you might as well just be fvcking dead[/quot
Why make it personal? I asked why anyone would invest in the Hussman fund. It is a crap fund.
Calamity Joe wrote:
Dr. Racket wrote:
Why would you own ANY of that horrendous fund? It has the lowest Morningstar rating, has lost 80% of its investors and has the pretty much the worst performance record of anything around. Plus sky high annual fees. Serious question - why would you ever buy that crap? Because that is what it is. You have to be a troll.
Hussman is completely dependent on a bear market to perform well.
You were completely dependent on Trump to be amusing.
At least Hussman can still hold out hope for future performance. You though - you might as well just be fvcking dead[/quot
Why make it personal? I asked why anyone would invest in the Hussman fund. It is a crap fund.
we've gone over this before.
It's a bear fund.
Some investors will put a percentage of their portfolio in to a fund that will likely hold its value or rise if the broad market falls.
That kind of hedge can make your risk-adjusted returns look better. In other words, it can reduce volatility.
And I'd point out that Hussman is up in 2020 and 2021 despite those being solid bull years in the broad market.
agip wrote:
Calamity Joe wrote:
Hussman is completely dependent on a bear market to perform well.
You were completely dependent on Trump to be amusing.
At least Hussman can still hold out hope for future performance. You though - you might as well just be fvcking dead[/quot
Why make it personal? I asked why anyone would invest in the Hussman fund. It is a crap fund.
we've gone over this before.
It's a bear fund.
Some investors will put a percentage of their portfolio in to a fund that will likely hold its value or rise if the broad market falls.
That kind of hedge can make your risk-adjusted returns look better. In other words, it can reduce volatility.
And I'd point out that Hussman is up in 2020 and 2021 despite those being solid bull years in the broad market.
Agip - the broad market can fall but it always rebounds fairly swiftly. You CAN NOT time the market so why have any money in a bearish find like that when the market isn't falling 95% of the time? It is like Igy saying the market will tank for 9 years now but even when it did because of Covid it quickly rebounded.
I can tell you one thing, and it has little to do with John Hussman or stock valuations, the market has to have cheap money. And money is more expensive today, and all Fed jawboning did not stop the rise.