Oh wait, I actually worked interesting jobs my entire life, and my central life’s focus was never retirement. And the money borrowed at 2.875% is paid off, and the assets more than doubled in value.
Igy, plus you have that wonderful 2003 Acura TL! Same as mine.
Ours is a year older and we had to repair the transmission.
Oh wait, I actually worked interesting jobs my entire life, and my central life’s focus was never retirement. And the money borrowed at 2.875% is paid off, and the assets more than doubled in value.
Igy, plus you have that wonderful 2003 Acura TL! Same as mine.
Ours is a year older and we had to repair the transmission.
Nobody cares. You won’t say your total account % return YTD because it’s probably negative lol. Dumb slow dork.
To be fair to Igy, everyone here has a YTD total return % that pales next to Flagpole's.
Doubt it.
I am up 17.49% YTD with a very diversified portfolio...slanted a LITTLE bit toward agressive investing, but that's it.
Dow is up 8.94% including today's downturn YTD.
Tech-heavy NASDAQ is up 35.70% YTD.
For sure there are lots of people who are more aggressively invested this year than I am who would have a better return so far this year.
I am NOT an oracle of investing. I do NOT pick and choose sectors each year that I think will do well. I do NOT invest with any kind of short-term mindset. I ONLY invest in very diversified stock mutual funds.
The ONLY thing I do better than the vast majority of people is that I invest uninterrupted, and I have done so since 1989. I do not take money out and put it back in based on prices. I do not invest in individual stocks. I always have a set amount that I invest, and that happens like clockwork.
To be fair to Igy, everyone here has a YTD total return % that pales next to Flagpole's.
Doubt it.
I am up 17.49% YTD with a very diversified portfolio...slanted a LITTLE bit toward agressive investing, but that's it.
Dow is up 8.94% including today's downturn YTD.
Tech-heavy NASDAQ is up 35.70% YTD.
For sure there are lots of people who are more aggressively invested this year than I am who would have a better return so far this year.
I am NOT an oracle of investing. I do NOT pick and choose sectors each year that I think will do well. I do NOT invest with any kind of short-term mindset. I ONLY invest in very diversified stock mutual funds.
The ONLY thing I do better than the vast majority of people is that I invest uninterrupted, and I have done so since 1989. I do not take money out and put it back in based on prices. I do not invest in individual stocks. I always have a set amount that I invest, and that happens like clockwork.
FP, you are right inline with the YTD return of S&P500, which is currently showing at 18%. I don't think that includes div. reinvestment, fwiw.
I am up 17.49% YTD with a very diversified portfolio...slanted a LITTLE bit toward agressive investing, but that's it.
Dow is up 8.94% including today's downturn YTD.
Tech-heavy NASDAQ is up 35.70% YTD.
For sure there are lots of people who are more aggressively invested this year than I am who would have a better return so far this year.
I am NOT an oracle of investing. I do NOT pick and choose sectors each year that I think will do well. I do NOT invest with any kind of short-term mindset. I ONLY invest in very diversified stock mutual funds.
The ONLY thing I do better than the vast majority of people is that I invest uninterrupted, and I have done so since 1989. I do not take money out and put it back in based on prices. I do not invest in individual stocks. I always have a set amount that I invest, and that happens like clockwork.
FP, you are right inline with the YTD return of S&P500, which is currently showing at 18%. I don't think that includes div. reinvestment, fwiw.
Kudos.
I own stuff all over the place. If I ever align with a specific index at the end of the year, it's just a coincidence. AND, I'm not saying if I count reinvested dividends in my calculations. The fact that it bothers Sally is reason enough not to.
FP, you are right inline with the YTD return of S&P500, which is currently showing at 18%. I don't think that includes div. reinvestment, fwiw.
Kudos.
I own stuff all over the place. If I ever align with a specific index at the end of the year, it's just a coincidence. AND, I'm not saying if I count reinvested dividends in my calculations. The fact that it bothers Sally is reason enough not to.
Why does it matter if you tell us? It is not classified information. Dividends have added about 40% to total return of the S & P over the last 100 years. It makes a huge difference.
I own stuff all over the place. If I ever align with a specific index at the end of the year, it's just a coincidence. AND, I'm not saying if I count reinvested dividends in my calculations. The fact that it bothers Sally is reason enough not to.
Why does it matter if you tell us? It is not classified information. Dividends have added about 40% to total return of the S & P over the last 100 years. It makes a huge difference.
Do not spoil it and tell him reinvested dividends and capital gains are calculated in his investment account performance. There is a reason he has beaten the Dow 34 out of 35 years.
I owe you nothing. Tough nuts if you don’t like my posts.
I don't mind your posts. I only wanted to know if someone with a bear market outlook was beating the market or not. in general and overall, outside of a select few investments of theirs.
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We have enough Youth, What we need is a Fountain of Smart.
Fair enough. I view investments in terms of value. Clearly people are paying up for the so-called Magnificent Seven. So when one talks of a Bear Market view one would assume that the Bull Market View centers on those same seven mega cap growth stocks. I am far from alone in noting how extreme this era is, and that is not just finance. Perhaps a year of cancer treatments, and a pending retirement leans one more investment conservative. I really don’t believe that is the case, since I have substantial dollars invested in products few here would touch. Part of the fun for me is taking a contrarian view, which is the essence of value investing.
Carl Quintanilla @carlquintanilla MORGAN STANLEY: “.. the downtrend from the beginning of the year remains in place, and in light of our team’s sharply negative outlook for earnings next year, they see risk-reward here as poor, and they recommend taking profits before the Bear returns in earnest.” [Huberty] $SPX
JPMORGAN: “Our view remains that Q1 will likely mark the high point for equities this year.. #CRE stresses appear to be compounding, amplified by banking shocks .. Several geopolitical crises are building .. Bond yields whipsawed .. by very poor liquidity conditions.” [Kolanovic]
JPM chief economist, a year ago, early 2023, predicting a recession in the US during 2023.
Nopes.
The Federal Reserve’s ongoing attempts to stuff the inflation genie back in its bottle will slowly trickle down into the jobs market and trigger a recession before the year is out, warns JPMorgan. The Wall Street bank’s chief U.S. economist Michael Feroli expects the Fed is prepared to stifle growth and destroy demand in order to ensure expectations of continued price increases in the medium term do not take root among American businesses and consumers. “I don’t think it’s going to be a very happy year,” he told Bloomberg [hotlink ignore=true]TV. “We are expecting the economy to slip into recession by the end of the year, just due to the lag effect of the tightening in financial conditions that the Fed has engineered here as well as the additional rate hikes they’re signaling.”
On 12/20/21, two years ago, Igy predicted stocks would be down 70-85% in December 2023.
Instead, the SP500 is exactly, precisely where it is today vs where it was on 12/20/21. Add the dividend we'll say there's been a 3% return.
Igy also predicted home prices falling 60-70%. Instead, they are up 12%, going by Case Shiller.
Government bond returns....eyeballing it, looks like down 8%, close to the 10-15% prediction. So that was a good one.
Junk down 3%, not 60-70%.
I'll have to call this an incorrect prediction from Igy, although he was right to be pessimistic in general and almost got his government bond prediction correct.
This is page 2519 if you all want to go back and take a look.
"Never could I imagine this level of insanity. I would say over the next two years stocks down 70-85%, residential real estate down 60-70%, and government bonds down 10-15%, junk more equity like, large number of defaults. Ten year returns stocks down 5%, residential real estate down 4%, and bonds up 1%."
On 12/20/21, two years ago, Igy predicted stocks would be down 70-85% in December 2023.
Instead, the SP500 is exactly, precisely where it is today vs where it was on 12/20/21. Add the dividend we'll say there's been a 3% return.
Igy also predicted home prices falling 60-70%. Instead, they are up 12%, going by Case Shiller.
Government bond returns....eyeballing it, looks like down 8%, close to the 10-15% prediction. So that was a good one.
Junk down 3%, not 60-70%.
I'll have to call this an incorrect prediction from Igy, although he was right to be pessimistic in general and almost got his government bond prediction correct.
This is page 2519 if you all want to go back and take a look.
"Never could I imagine this level of insanity. I would say over the next two years stocks down 70-85%, residential real estate down 60-70%, and government bonds down 10-15%, junk more equity like, large number of defaults. Ten year returns stocks down 5%, residential real estate down 4%, and bonds up 1%."
Igy would have no trouble getting a job at Morgan Stanley.
On 12/20/21, two years ago, Igy predicted stocks would be down 70-85% in December 2023.
Instead, the SP500 is exactly, precisely where it is today vs where it was on 12/20/21. Add the dividend we'll say there's been a 3% return.
Igy also predicted home prices falling 60-70%. Instead, they are up 12%, going by Case Shiller.
Government bond returns....eyeballing it, looks like down 8%, close to the 10-15% prediction. So that was a good one.
Junk down 3%, not 60-70%.
I'll have to call this an incorrect prediction from Igy, although he was right to be pessimistic in general and almost got his government bond prediction correct.
This is page 2519 if you all want to go back and take a look.
"Never could I imagine this level of insanity. I would say over the next two years stocks down 70-85%, residential real estate down 60-70%, and government bonds down 10-15%, junk more equity like, large number of defaults. Ten year returns stocks down 5%, residential real estate down 4%, and bonds up 1%."
Igy would have no trouble getting a job at Morgan Stanley.