Please post your purchase date and cost basis by lot on NVDA shares.
I've never bought individual shares in any company.
Then your comment has little to do with the conversation. You are the same guy that criticized my 2.875% home loan on a house that tripled in value, and is now paid off.
The question isn’t about valuation four years ago, it is today. Is that so hard to understand?
What were you saying about it 4 years ago?
Yea, and four years ago the Fed Balance was $4.3 Trillion, 10 Year Treasury was 1+%, and inflation was under 1%. Did you believe at that time the Fed balance would go to $9 Trillion, 10 Year Treasury to 4%, and inflation to 8%? Of course not. Nothing lives in a vacuum.
I've never bought individual shares in any company.
Then your comment has little to do with the conversation. You are the same guy that criticized my 2.875% home loan on a house that tripled in value, and is now paid off.
I never said anything about your home loan, this is the first I've heard of it.
Then your comment has little to do with the conversation. You are the same guy that criticized my 2.875% home loan on a house that tripled in value, and is now paid off.
I never said anything about your home loan, this is the first I've heard of it.
I never said anything about your home loan, this is the first I've heard of it.
Then refer to the post above yours and move on.
I was pointing out to another poster (who asked what you said 4 years ago) that all you've ever done is predict doom and disaster going all the way back to your first posts on this thread. You're like a broken record. Anybody foolish enough to take your advice would have missed out on one of the longest bull markets in US history.
Please post your purchase date and cost basis by lot on NVDA shares.
Why? People who bought 4 years ago have made a fortune. You Hussman fund has been a loser. A big time loser. Let me pick - a fund that is a loser fund or one that has returned enormously over the last 4/10 years? I will go with the latter.
Currently my Nvidia position is at 55% Total Gain. That sounds kind of low to me and I suspect that is because I have added to the position quite a bit lately and that diluted the gains of the earlier bought shares, and because I took profits during one of the recent downturns, I believe.
I was pointing out to another poster (who asked what you said 4 years ago) that all you've ever done is predict doom and disaster going all the way back to your first posts on this thread. You're like a broken record. Anybody foolish enough to take your advice would have missed out on one of the longest bull markets in US history.
I would not characterize comments from posters here as advice. If so, my shorting of markets last year to payoff my house would be brilliant advice. Or, buying EM CEFs since February 2022, that triple the performance of the S&P 500, should have been emulated. Now I am telling you this was a bear market rally, and your recent cockiness is not justified.
I'll make a point of hitting you up for a virtual reality meeting on the Apple augmented/virtual reality headset that they are developing now while i sit in the back of my Apple car (a full autonomous electric vehicle) that they are also rumored to be working on, and maybe you could take the call on the foldable iPhone that they are soon to release.
Not making this stuff up. You'll see.....
All things I am dying to have.
Apple is not cheap; easy money, and government handouts dead. Maybe it is just me, but I would be selling stocks and bonds a stone throw from the highest valuations in history. But that is me. 🫃
Hi, Igy. Advice or whatever you want to call it, I'm sure glad that I didn't listen to it, posted 10/25/22.
I would not characterize comments from posters here as advice. If so, my shorting of markets last year to payoff my house would be brilliant advice. Or, buying EM CEFs since February 2022, that triple the performance of the S&P 500, should have been emulated. Now I am telling you this was a bear market rally, and your recent cockiness is not justified.
You don’t seem to be too shy about offering advice.
Apple is not cheap; easy money, and government handouts dead. Maybe it is just me, but I would be selling stocks and bonds a stone throw from the highest valuations in history. But that is me. 🫃
Hi, Igy. Advice or whatever you want to call it, I'm sure glad that I didn't listen to it, posted 10/25/22.
It (Apple) is up 36% since then.
Well seeing I am shorting what people are buying today, OK.
I would not characterize comments from posters here as advice. If so, my shorting of markets last year to payoff my house would be brilliant advice. Or, buying EM CEFs since February 2022, that triple the performance of the S&P 500, should have been emulated. Now I am telling you this was a bear market rally, and your recent cockiness is not justified.
You don’t seem to be too shy about offering advice.
I would not characterize comments from posters here as advice. If so, my shorting of markets last year to payoff my house would be brilliant advice. Or, buying EM CEFs since February 2022, that triple the performance of the S&P 500, should have been emulated. Now I am telling you this was a bear market rally, and your recent cockiness is not justified.
"Buying NVIDIA shares today costs you 40 times historical annual revenues. That's 40 years to get your money back, assuming $0 cost, 0% tax and a 100% payout ratio. Good luck!"
NVIDIA 4 years ago was at $33. Today it is at $428. Do you really think that the people who bought NVIDIA 4 years ago care one whit about "40 times historical annual revenues?
The question isn’t about valuation four years ago, it is today. Is that so hard to understand?
I was an energy futures accountant for many years but you know way more than I do about personal investing. I am a buy and hold guy. But I do know that putting $100,000 in NDVIA 4 years ago provided a great return for me. So too TSLA, MSFT, Alphabet and so many other tech stocks. Hop aboard the tech train! - it is leaving the station soon but we have one seat left with Igy's name on it!
The question isn’t about valuation four years ago, it is today. Is that so hard to understand?
I was an energy futures accountant for many years but you know way more than I do about personal investing. I am a buy and hold guy. But I do know that putting $100,000 in NDVIA 4 years ago provided a great return for me. So too TSLA, MSFT, Alphabet and so many other tech stocks. Hop aboard the tech train! - it is leaving the station soon but we have one seat left with Igy's name on it!
Sally,
Well if you recall a few short years ago I invested in energy against all “advice” here. I made a huge mistake selling my 10% position, thinking I could trade it. My most significant investment in recent years are my EM CEFs, which I believe will benefit from future Fed rate cuts and falling Dollar. That said, I reinvest my dividends not knowing when that will occur. Admittedly I have been wrong on the extent of this rally. Misjudging how much influence Fed liquidity fueled speculation following the regional bank collapse. That has been the lesson of this era, along with Government stimulus, and handouts. Some have mentioned how resumption of student loan payments will be a counter trend. We’ll see. That said, I have about a 7% position shorting your market favorites. I have increased, and reduced, and increased all year long, for a slight loss. So there you go.
In the end, put your money where your mouth is.
Igy
This post was edited 7 minutes after it was posted.
Apple is not cheap; easy money, and government handouts dead. Maybe it is just me, but I would be selling stocks and bonds a stone throw from the highest valuations in history. But that is me. 🫃
Hi, Igy. Advice or whatever you want to call it, I'm sure glad that I didn't listen to it, posted 10/25/22.
It (Apple) is up 36% since then.
Ohhhh ... but AAPL is going to go down WAY DOWN! Like historically down. John Hussman knows what is going on and he say AAPL is going WAYYYYY down.
One of the best film quotes of all time. From the film Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb http://www.imdb.com/title/tt005...
“Sometimes I agree with you and sometimes I don't. In roughly equal proportion.”
Whether it was cross dressers, Lola, or Rocky Horror Show most of this is not new. Our former neighbor was a Marine that became Christy and held the highest position at the Boise Motive Power office. Later moved to venture capital in Seattle. Nice guy, and he was a balding man, deep voice, and wore women’s clothes and makeup. Took care of his property, and about six months before he left a rather burly woman moved in with him. I have no idea if Christy had gender affirming surgery, which has become the new twist to the story. The other odd thing is people insisting gender can be changed. Kind of like putting a Corvette engine in Volkswagen.
This post was edited 12 minutes after it was posted.