Racket, PhD wrote:
Weekly reminder about stocks and the one direction they only go
yeah but today was a down day and futures pointing lower,
I would almost welcome an end to this slow grind higher. Just doesn't seem like much or a reason to sell. Starts to put one on edge....
westie boy wrote:
Ghost of Igloi wrote:
Half the years you mentioned valuations were not absurd. Besides, none of that insures a decade of market rise won’t be wiped out in weeks, and stay there for decade. How many $Trillions did it take to move off the March 2020 lows? How many $Trillions will it take next time?
How’s home affordability by the way? Or a dream car for that matter? No difference than the stock market. Nothing special here, other than the price rise is posted on a moment by moment basis.
You seem to have been harping on this for years, always predicting the next "big crash." According to you, when exactly is that going to be? Yes valuations are high, but money will continue to flow into equities - even as interest rates and treasury yields rise.
He’s been asked that question repeatedly and he always avoids a direct answer. This time will be no different.
Johannes wrote:
westie boy wrote:
You seem to have been harping on this for years, always predicting the next "big crash." According to you, when exactly is that going to be? Yes valuations are high, but money will continue to flow into equities - even as interest rates and treasury yields rise.
He’s been asked that question repeatedly and he always avoids a direct answer. This time will be no different.
9/27/2021
westie boy wrote:
Ghost of Igloi wrote:
Half the years you mentioned valuations were not absurd. Besides, none of that insures a decade of market rise won’t be wiped out in weeks, and stay there for decade. How many $Trillions did it take to move off the March 2020 lows? How many $Trillions will it take next time?
How’s home affordability by the way? Or a dream car for that matter? No difference than the stock market. Nothing special here, other than the price rise is posted on a moment by moment basis.
You seem to have been harping on this for years, always predicting the next "big crash." According to you, when exactly is that going to be? Yes valuations are high, but money will continue to flow into equities - even as interest rates and treasury yields rise.
Of course money will continue to flow to equities, but the history of the markets says at much lower prices. In regards to interest rates, the current economic environment cannot function with a market rate, and the longer central banks distort markets, the larger reboot required. One can believe it is just a free lunch everywhere, and no pay back for foolish behavior. I just don’t happen to be that guy. As far as timing, we are closer to the beginning of the end.
Ghost of Igloi wrote:
As far as timing, we are closer to the beginning of the end.
Typical non-answer. No surprise. That guy on the other thread had it right about Igy.
Oh, shut up Troll.
Don’t blame me for what he said (though I do agree with him).
Johannes wrote:
Don’t blame me for what he said (though I do agree with him).
Igy's investing guru, John Hussman, has lost about 80% of the assets in his Strategic Fund. There is a reason for that ... the fund has sucked for many years. Hussman is a clown.
Sally Vixxxxxxxxens wrote:
Johannes wrote:
Don’t blame me for what he said (though I do agree with him).
Igy's investing guru, John Hussman, has lost about 80% of the assets in his Strategic Fund. There is a reason for that ... the fund has sucked for many years. Hussman is a clown.
False! The fund maintains 63% of its initial value. Of course, that does not include my substantial fees, but a guy has to eat…right? And it has gained almost 25% of what the S&P has gained in 2021, so there’s that too.
There is a reason that Igy believes in me.
John Hussman wrote:
Sally Vixxxxxxxxens wrote:
Igy's investing guru, John Hussman, has lost about 80% of the assets in his Strategic Fund. There is a reason for that ... the fund has sucked for many years. Hussman is a clown.
False! The fund maintains 63% of its initial value. Of course, that does not include my substantial fees, but a guy has to eat…right? And it has gained almost 25% of what the S&P has gained in 2021, so there’s that too.
There is a reason that Igy believes in me.
When just about every fund in the world has earned incredible returns over the last 10 years - the Hussman Strategic Fund - has earned a NEGATIVE 6.02 %. There is a reason investors are leaving your crappy fund in droves ---- it sucks!
Sally Vixxxxxxxxens wrote:
John Hussman wrote:
False! The fund maintains 63% of its initial value. Of course, that does not include my substantial fees, but a guy has to eat…right? And it has gained almost 25% of what the S&P has gained in 2021, so there’s that too.
There is a reason that Igy believes in me.
When just about every fund in the world has earned incredible returns over the last 10 years - the Hussman Strategic Fund - has earned a NEGATIVE 6.02 %. There is a reason investors are leaving your crappy fund in droves ---- it sucks!
Morningstar rating - 1 star (lowest possible)
Expenses ratio - 1.23% (for a fund that annually loses money - LOL - too funny! They charge you a fee to lose your money!
Sally Vixxxxxxxxens wrote:
Sally Vixxxxxxxxens wrote:
When just about every fund in the world has earned incredible returns over the last 10 years - the Hussman Strategic Fund - has earned a NEGATIVE 6.02 %. There is a reason investors are leaving your crappy fund in droves ---- it sucks!
Morningstar rating - 1 star (lowest possible)
Expenses ratio - 1.23% (for a fund that annually loses money - LOL - too funny! They charge you a fee to lose your money!
A crazy fee at that! VTI - a top Vanguard fund has doubled in about a year I think. Its annual fee is 0.03% or something like that. The Hussman fund has a 1.23% annual fee. Just laughable they would charge that when year in and year out they are losing your money.
Sally Vixxxxxxxxens wrote:
Sally Vixxxxxxxxens wrote:
Morningstar rating - 1 star (lowest possible)
Expenses ratio - 1.23% (for a fund that annually loses money - LOL - too funny! They charge you a fee to lose your money!
A crazy fee at that! VTI - a top Vanguard fund has doubled in about a year I think. Its annual fee is 0.03% or something like that. The Hussman fund has a 1.23% annual fee. Just laughable they would charge that when year in and year out they are losing your money.
Enjoy your future 12 year return annualized at -7+%😷
https://twitter.com/spyglassideas/status/1423671844134137859/photo/1Sally Vixxxxxxxxens wrote:
Sally Vixxxxxxxxens wrote:
Morningstar rating - 1 star (lowest possible)
Expenses ratio - 1.23% (for a fund that annually loses money - LOL - too funny! They charge you a fee to lose your money!
A crazy fee at that! VTI - a top Vanguard fund has doubled in about a year I think. Its annual fee is 0.03% or something like that. The Hussman fund has a 1.23% annual fee. Just laughable they would charge that when year in and year out they are losing your money.
False! We do not lose money year in and year out. In fact, if you had invested $100 with me at the beginning of 2021, you would already have made over $4! Okay, maybe closer to $3 once you include my fees, but that’s actually a comparable return to a few weeks in the S&P.
Also, your Vanguard reference recalls that the name of their founder was “Bogle”. My name, on the other hand, contains “MAN”. I think that is as good a reason as any that nonplussed investors like Igy recommend my fund for others.
John Hussman wrote:
Sally Vixxxxxxxxens wrote:
A crazy fee at that! VTI - a top Vanguard fund has doubled in about a year I think. Its annual fee is 0.03% or something like that. The Hussman fund has a 1.23% annual fee. Just laughable they would charge that when year in and year out they are losing your money.
False! We do not lose money year in and year out. In fact, if you had invested $100 with me at the beginning of 2021, you would already have made over $4! Okay, maybe closer to $3 once you include my fees, but that’s actually a comparable return to a few weeks in the S&P.
Also, your Vanguard reference recalls that the name of their founder was “Bogle”. My name, on the other hand, contains “MAN”. I think that is as good a reason as any that nonplussed investors like Igy recommend my fund for others.
Most of my Vanguard funds (and others) are up about 500% over the last 10 years. The Hussman Strategic fund is down like 6% over the same time frame. Why is your fund doing so poorly against almost every other fund in the fund?
There's a silver lining in most every story, and when it comes to the Hussman Funds, consider all the taxes on capital gains that he has spared his clients!
Sally Vixxxxxxxxens wrote:
Sally Vixxxxxxxxens wrote:
Morningstar rating - 1 star (lowest possible)
Expenses ratio - 1.23% (for a fund that annually loses money - LOL - too funny! They charge you a fee to lose your money!
A crazy fee at that! VTI - a top Vanguard fund has doubled in about a year I think. Its annual fee is 0.03% or something like that. The Hussman fund has a 1.23% annual fee. Just laughable they would charge that when year in and year out they are losing your money.
Brilliant! VTI weighting is 18.44% Apple, Microsoft, Google, Amazon, and Facebook.
And you think you own something special.
😷
seattle prattle wrote:
There's a silver lining in most every story, and when it comes to the Hussman Funds, consider all the taxes on capital gains that he has spared his clients!
Plenty of loss carry forwards in today’s equity investors. It is all a snap shot in time.
Ghost of Igloi wrote:
Sally Vixxxxxxxxens wrote:
A crazy fee at that! VTI - a top Vanguard fund has doubled in about a year I think. Its annual fee is 0.03% or something like that. The Hussman fund has a 1.23% annual fee. Just laughable they would charge that when year in and year out they are losing your money.
Brilliant! VTI weighting is 18.44% Apple, Microsoft, Google, Amazon, and Facebook.
And you think you own something special.
😷
Wait, are you arguing for the fund? I mean, those are all huge winners.
Igy, i think the idea is to not own something unheard of, but to own something everyone is buying.
Come on, man!
Who says that? LOL
* Come on, give me a break, man!
Exciting to be a part of all this, isn't it?!