The "scores of fundamental analysts who have been wrong the last 15 years" is why to never spend any money on "experts." Hussman is no expert. He is wrong 90% of the time. The winners in this game are not those paying money to the managers of actively managed funds who are beaten by index funds 80 to 85% of the time. No, the winners are those who buy and hold index funds and keep them forever.
The consequence of your blindness to reality is everything cost more in perpetuity. So while your Nvidia has gone up in value your house and car insurance is 60% higher than it was 5 years ago. Your children, if you have them, will on average have to pay 60% of their income for housing. Or be burden by student loans for the rest of their life.
There is no pass from your vaunted S&P 500 Index Fund, though it has cushioned the blow of bad stuff.
Both my son and stepson received academic scholarships to elite schools so I am not burdened by any student loans.
And you were still buying Hussman Strategic as recently as a couple of years ago even though it is down 38% this century? Are you still buying that load of crap? I hope not.
NVDA never reached $200, and you never apologized. Shame on you.
You have been saying the stock market would collapse for 25 years and you never apologized.
The consequence of your blindness to reality is everything cost more in perpetuity. So while your Nvidia has gone up in value your house and car insurance is 60% higher than it was 5 years ago. Your children, if you have them, will on average have to pay 60% of their income for housing. Or be burden by student loans for the rest of their life.
There is no pass from your vaunted S&P 500 Index Fund, though it has cushioned the blow of bad stuff.
Both my son and stepson received academic scholarships to elite schools so I am not burdened by any student loans.
You have been saying the stock market would collapse for 25 years and you never apologized.
The market fully collapsed twice in the past 25 years.
Thought about that, but Sally is so over the top. Well…. Funny some never think about the history. Perhaps blindly going forward has its benefits. For better or worse, I never functioned that way.
The market fully collapsed twice in the past 25 years.
Thought about that, but Sally is so over the top. Well…. Funny some never think about the history. Perhaps blindly going forward has its benefits. For better or worse, I never functioned that way.
The market never fully collapsed in the last 25 years. In 2008/2009 the NASDAQ fell to about 1500. Where is it today? About 20,640. You say I am over the top but all I do is say the market always goes up over time. Your mentor said the market would maybe fall 70% just a year ago when it is up to record highs currently. Where is your scorn for him? Who has the better track record - me or him?
Thought about that, but Sally is so over the top. Well…. Funny some never think about the history. Perhaps blindly going forward has its benefits. For better or worse, I never functioned that way.
The market never fully collapsed in the last 25 years. In 2008/2009 the NASDAQ fell to about 1500. Where is it today? About 20,640. You say I am over the top but all I do is say the market always goes up over time. Your mentor said the market would maybe fall 70% just a year ago when it is up to record highs currently. Where is your scorn for him? Who has the better track record - me or him?
You and 99% of the similarly minded, yet you are in the 1% of most annoying.
Thought about that, but Sally is so over the top. Well…. Funny some never think about the history. Perhaps blindly going forward has its benefits. For better or worse, I never functioned that way.
The market never fully collapsed in the last 25 years. In 2008/2009 the NASDAQ fell to about 1500. Where is it today? About 20,640. You say I am over the top but all I do is say the market always goes up over time. Your mentor said the market would maybe fall 70% just a year ago when it is up to record highs currently. Where is your scorn for him? Who has the better track record - me or him?
A child’s lemonade stand just might have a similar profit profile.
This post was edited 2 minutes after it was posted.
“fast lane to debt slavery” & “headed for bankruptcy super fast”.... Markets are celebrating new highs—so is U.S. debt ($37 trillion next in 3, 2,1...) Valuations euphoric, deficits unhinged. This isn't new. It's just getting harder to ignore.
Thought about that, but Sally is so over the top. Well…. Funny some never think about the history. Perhaps blindly going forward has its benefits. For better or worse, I never functioned that way.
The market never fully collapsed in the last 25 years.
In the financial crisis, the NASDAQ lost 56% between October 2007 and March 2009. After peak dot-com euphoria, the NASDAQ lost 78% between Match 2000 and October 2002.
The market never fully collapsed in the last 25 years.
In the financial crisis, the NASDAQ lost 56% between October 2007 and March 2009. After peak dot-com euphoria, the NASDAQ lost 78% between Match 2000 and October 2002.
You can find a statistic to support any view. For example, the current market is very expensive and highly concentrated, very similar to 2000. If I recall correctly, the NASDAQ was negative 3/2000 thru 7/2016.
If you are young with little to lose, don’t worry, be happy. If you are nearing retirement, or significant assets at risk, a reasonable assessment of risk and time horizon is warranted.
Tariffs are nothing compared to blowing out the financial solvency of the Country. I doubt whether growing out of the problem is possible. The Country is going further in debt, while tax receipts fall, and tariffs unlikely to close the gap. I am not even addressing the inflationary risk of tariffs and stimulative spending.
The crisis continues:
Since the debt ceiling was raised on July 3rd, US debt is now up $410 BILLION in 2 days.
This comes after the US Treasury ended "extraordinary measures," raising the debt ceiling by $5 trillion.
the Los Angles fires were 6 months ago...at the time there was talk of mass bankruptcies in the prop and cas insurance industry.
yeah nah. They are up a nice 10% since then and solid. The invisible hand is a mighty beast and builds in redundancies and strengths.
Jim Bianco @biancoresearch Keep this in the back of your mind when watching markets in the coming days ... In terms of money: The 2018 " Campfire" wildfire cost ~$12.5 billion. That was the old wildfire record. The current wildfires, most often referred to as "Palisades Fires" (even though there are technically five of them), are now estimated (read: educated guesses) to cost $150 to $200 billion. And the fires are still ongoing. This wildfire is now in the running for the most expensive natural disaster in American History. So, the financial markets are discussing a POTENTIAL contagion in the Property/Casualty insurance sector and a POTENTIAL extinction-level event for some P&C companies. The State of California and the City of Los Angeles could face massive clean-up costs, huge subsidies to the affected, and a significant loss of tax revenues in 2025 and beyond. This could lead to significant downgrades of their municipal bonds, POTENTIALLY triggering a contagion in the larger Municipal markets. --- POTENTIAL means this is all fluid, and these statements make many assumptions. Nevertheless, this is the discussion all weekend.
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a year ago bezos sold a truckload of Amazon shares.
uh oh?
yeah nah AMZN is up 10% over the past year.
Insider selling doesn't mean much.
Post See new posts Conversation GURGAVIN @gurgavin JEFF BEZOS JUST SOLD $863 MILLION DOLLARS WORTH OF AMAZON SHARES TODAY JEFF BEZOS HAS NOW SOLD OVER $8.3 BILLION DOLLARS WORTH OF AMAZON SHARES SO FAR THIS YEAR
a year ago bezos sold a truckload of Amazon shares.
uh oh?
yeah nah AMZN is up 10% over the past year.
Insider selling doesn't mean much.
Post See new posts Conversation GURGAVIN @gurgavin JEFF BEZOS JUST SOLD $863 MILLION DOLLARS WORTH OF AMAZON SHARES TODAY JEFF BEZOS HAS NOW SOLD OVER $8.3 BILLION DOLLARS WORTH OF AMAZON SHARES SO FAR THIS YEAR
4:39 PM · Jul 9, 2024 · 494K Views
He needed the money for his wedding in Venice Italy.
Flying into Canada Monday, hope they don't meet us with pitchforks.
The market never fully collapsed in the last 25 years. In 2008/2009 the NASDAQ fell to about 1500. Where is it today? About 20,640. You say I am over the top but all I do is say the market always goes up over time. Your mentor said the market would maybe fall 70% just a year ago when it is up to record highs currently. Where is your scorn for him? Who has the better track record - me or him?
You and 99% of the similarly minded, yet you are in the 1% of most annoying.
You say I am annoying but for 15 years you have been saying the markets will collapse and I have said they always go up. I have been proven to be right while you and Hussman have been wrong for 15 years. Take your lumps and go home. You lost.
a year ago bezos sold a truckload of Amazon shares.
uh oh?
yeah nah AMZN is up 10% over the past year.
Insider selling doesn't mean much.
Post See new posts Conversation GURGAVIN @gurgavin JEFF BEZOS JUST SOLD $863 MILLION DOLLARS WORTH OF AMAZON SHARES TODAY JEFF BEZOS HAS NOW SOLD OVER $8.3 BILLION DOLLARS WORTH OF AMAZON SHARES SO FAR THIS YEAR
4:39 PM · Jul 9, 2024 · 494K Views
He needed the money for his wedding in Venice Italy.
Flying into Canada Monday, hope they don't meet us with pitchforks.
You and 99% of the similarly minded, yet you are in the 1% of most annoying.
You say I am annoying but for 15 years you have been saying the markets will collapse and I have said they always go up. I have been proven to be right while you and Hussman have been wrong for 15 years. Take your lumps and go home. You lost.
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