Ghost of Igloi wrote:
Careful wrote:Good Move! But I wouldn't wait too long. It's going to bust loose here, and never look back for a good while.
Funny. But why do you feel a "bust loose" and not a "bust down"?
Igy
Well for one reason, because you do, and your record speaks for itself,
Brilliant analysis.
You've been wrong so far. Betting against you has been quite profitable.
Yes, you made a killing in your E*Trade account, ready to retire on your new found wealth.
True. Unfortunately because of your poor investments, you'll have to keep working. I'm sure you'll say it's because you "want to."
Enjoy your time in Sun City. I hear lawn bowling can be invigorating.
I wouldn't know anything about lawn bowling. That's more your speed. I'll be running.
While you are running I will be toughing it in my Porsche Cayman.
I'm not surprised that you'd take the easy way.
Ghost of Igloi wrote:
While you are running I will be toughing it in my Porsche Cayman.
It should come as no surprise that Igy believes owning a Porsche makes him superior to others. Can you get any more shallow?
Meanwhile as he robs his Muppet clients to pay for this lifestyle, they watch as their investments lose purchasing power. Is it any wonder that they're bailing on him left and right?
Joe Beets wrote:
Ghost of Igloi wrote:While you are running I will be toughing it in my Porsche Cayman.
It should come as no surprise that Igy believes owning a Porsche makes him superior to others. Can you get any more shallow?
Meanwhile as he robs his Muppet clients to pay for this lifestyle, they watch as their investments lose purchasing power. Is it any wonder that they're bailing on him left and right?
What a shame! Obviously, his pride has gotten in the way of what's best for his clients. Understandable, it's hard to go back after feeding them BS for so many years and admit you've been wrong and have cost them alot of $$$.
Making fun of E-Trade, but I'll guarantee you, all of these people would have been much better off managing their own accounts.
Like the guy I rebalanced yesterday, up 29% over the past year.
Igy
https://realinvestmentadvice.com/dalbar-2016-yes-you-still-suck-at-investing-tips-for-advisors/Making fun of E-Trade, but I'll guarantee you, all of these people would have been much better off managing their own accounts.
Ghost of Igloi wrote:
Like the guy I rebalanced yesterday, up 29% over the past year.
Igy
Well, it's nice you got him back some of the 80+% you probably lost him the previous 3 or 4 years.
Wrong, last five years annualized at 17.03% to be exact.
Ghost of Igloi wrote:
https://realinvestmentadvice.com/dalbar-2016-yes-you-still-suck-at-investing-tips-for-advisors/
Some good advice in there for you, Igy.
Set reasonable expectations and do not permit expectations to be inferred from historical records, market indexes, personal experiences or media coverage.
The challenge, of course, it understanding that the next major impact event, market reversion, will NOT HAVE the identical characteristics of the previous events. This is why comparing today’s market to that of 1994 or 2000 is pointless.
“Being early is the same as being wrong.â€
Messages must be delivered at the time the fear is present. As mentioned earlier, messages delivered before the investor actually experiences the event will not be effective.
Messages must assure recovery.
Big,
Understood, but...
"As is always the case, a ramping bull market hides investor mistakes – it is the bear market that reveals them."
Igy
Ghost of Igloi wrote:
Big,
Understood, but...
"As is always the case, a ramping bull market hides investor mistakes – it is the bear market that reveals them."
Igy
The biggest investor mistake would have been missing out on this bull market.
Big,
Yea, the same thing was said in March of 2000 and October of 2007. Nothing new there.
Igy
Ghost of Igloi wrote:
Like the guy I rebalanced yesterday, up 29% over the past year.
Igy
Even a blind squirrel occasionally finds an acorn. You're lucky to still have that one client.