Weighs 350 pounds, high cholesterol diet, diabetic, bag of chips, posting on Facebook, drinking a diet soda......
Weighs 350 pounds, high cholesterol diet, diabetic, bag of chips, posting on Facebook, drinking a diet soda......
You've been saying the same thing for months. Eventually you will be right, but how much are you leaving on the table?
Econ 101,
In case you haven't noticed bonds are outperforming stocks. so you are the one leaving something on the table. The TLT has over twice outperformance of the SPY year-to-date.The S&P 500 Index value is only 2% above its May 2015 high. How much are you leaving on the table, oh about 100%?
Igy
"Year-to-date" is a rather short term, even for someone who advocates market timing. No one in their right mind believes bonds will have greater returns than solid stocks over a reasonable time frame. You sound desperate.
Econ 101,
I don't advocate market timing. I am a valuation guy. Both stocks and bonds are at extreme valuations.
Igy
"Focusing on yield alone quietly overlooks any consideration of capital loss - even when a capital loss is built into the deal. We increasingly see this error among stock market investors, as they incorrectly compare the dividend yield on stocks (annual dividend / current price) with prevailing interest rates, eliminating the “capital gain/loss†component of total return from their arithmetic (or assuming it will naturally be positive, regardless of the price one pays)."
John Hussman, 8/15/2016 Weekly commentary
Are you not recommending a reduced stock allocation? Are you not advising against buying equities? You are most certainly timing the market.
Econ 101,
If you were a new investor I would allocate to stocks and bonds. Even a buy and hold investor should rebalance their portfolio, especially when stocks and bonds are at record highs.
Igy
Ghost of Igloi wrote:
Econ 101,
If you were a new investor I would allocate to stocks and bonds. Even a buy and hold investor should rebalance their portfolio, especially when stocks and bonds are at record highs.
Igy
So what would your allocation be right now for a new investor. let's say, in their mid 30's?
Ghost of Igloi wrote:
Econ 101,
In case you haven't noticed bonds are outperforming stocks. so you are the one leaving something on the table. The TLT has over twice outperformance of the SPY year-to-date.The S&P 500 Index value is only 2% above its May 2015 high. How much are you leaving on the table, oh about 100%?
Igy
Your analysis must be rejected as it is flawed due to your use of comparitive quantities of vastly different dimensions.
mellon,
To do a proper allocation for anyone you would need to know about a person's income and risk tolerance at a minimum.
Igy
Ghost of Igloi wrote:
mellon,
To do a proper allocation for anyone you would need to know about a person's income and risk tolerance at a minimum.
Igy
This guys a clown!
I'm not asking you as my Financial Advisor. If it were you, right now, with your income, your risk tolerance, and you were in your mid thirties, what would it be.
Stop pretending to be some kind of financial guru.
You are conversing with an admitted troll. The real Igy said goodbye to this thread weeks ago.
Yea and you were the jerk that was stealing my handle....Sorry to disappoint you.
Igy
mellon,
Pull up some 2045 Target Date Funds that will give you a general recommendation.
Igy
That's all quite interesting, but you ignored the questions. Don't worry about it. I know the answers.
Econ 101,
Since you know the answer why are you asking? Don't bother, I know the answer.
Igy
It's called a rhetorical question.
Wall Street's push for another record stock session could hit a snag Tuesday, as the dollar came under pressure and investors waited for consumer price data.
Dow Jones Industrial Average futures fell 30 points to 18,552, while S&P 500 futures shed 3.4 points to 2,182.50. Nasdaq-100 futures fell 6.5 points to 4,816.25.
Fueled largely by a rally in oil prices that lifted commodity-related shares, the Dow Jones Industrial Average , the S&P 500 index , and the Nasdaq Composite Index all closed at record highs on Monday, for the second time since 1999.
But that positive momentum was lost in Asia, where the Nikkei 225 index dropped 1.6%, and in Europe, where stocks were also struggling. Japanese stocks stumbled under the weight of a strong yen, which hovered right at Yen100 against the dollar, a level not seen since shortly after the U.K.'s Brexit vote.
"What this does is strengthen the commodity complex on a day that you might have otherwise seen some profit taking, or even technical resistance for the oil space," said Stephen Guilfoyle, chief market economist at Stuart Frankel & Co. in a note to investors.
Ghost of Igloi wrote:
I would say, if I had to bet, that the odds are let's say 3-1 in favor of a near term Bear Market within the next 6 months.
Igy
Why would you recommend getting in a 2045 Target Fund which has a 70-80% stock allocation when the market is at an all time high and you feel we're about to enter a Bear Market in the very near future.
People! Please ignore this guy.