Down goes the Dow

Ghost of Igloi wrote:

In the intervening two years, we have had two drops in excess of 12%

Igy

So what are you suggesting people should have done on the short lived 12% drops? Get out?

No, they're not that stupid. But, obviously you panicked.

OK, whatever you say.

We will see how it turns out for you.

Hopefully you won't just disappear.

Igy

FANG stocks tearing it up this year

very rough approximations, without dividends, year to date:

Facebook +23%

Amzn: +14%

Netflix +17%

Google +5%

Changing topics a bit...

Igy and others, if you were planning to build a new basket of say 20-30 stocks for a diversified portfolio for a relatively risk tolerant long term investor, what are the most important rules or indicators you would consider? P/E? Dividend yield? Market cap? Recent price history and trends? Market sector? Etc etc

Looking for free advice..., :-)

Nothing to claim as a victory? The market is up about 16% since you first posted. What is foolish is that you recommended being in cash and missing the advance. No wonder your clients are abandoning ship. You don't have a clue.

I never recommend going to cash. I have received $1 million in new money this week. Sorry about that.

first, why are you buying individual stocks rather than an index fund? Index funds are basically free these days so why not use them?

but if you wanted individual stocks,

I'd go with some kind of formula - probably Joel Greenblatt's book would make sense for a big cap diversified portfolio. You can read about it. Basically finding well-running cheap companies.

I believe in multi-element models. You don't want to buy stocks just because they are cheap...or well-managed...or in the right sector...you want a bunch of indicators pointing toward buy.

Greenblatt and O'Shaughnessy are good on screening models.

Ghost of Igloi wrote:

I never recommend going to cash. I have received $1 million in new money this week. Sorry about that.

Both lies.

Idiot investor wrote:

Changing topics a bit...

Igy and others, if you were planning to build a new basket of say 20-30 stocks for a diversified portfolio for a relatively risk tolerant long term investor, what are the most important rules or indicators you would consider? P/E? Dividend yield? Market cap? Recent price history and trends? Market sector? Etc etc

Looking for free advice..., :-)

Gosh, seeing that I believe there are significant distortions in the market, I believe there is far more downside than up. So I wouldn't even try. If I had to have stock exposure I would lean toward an actively managed asset allocation fund, were the PM can short the market.

Igy

Ghost of Igloi wrote:

No, I am one of the few who post here that has something serious to say.

Like your penis references?

That was you.

Ahem...

Tiny dick wrote:

Well worth it. Good read.

Igy

Like I said Detector Dude that was use.

You are the only one here fascinated with my anatomy, among other things.

You are one strange cat.

Do you have a family or children?

looks like we're in for a heck of an earnings season:

• Earnings Growth: For Q1 2017, the estimated earnings growth rate for the S&P 500 is 9.1%. If 9.1% is the actual growth rate

for the quarter, it will mark the highest (year-over-year) earnings growth for the index since Q4 2011 (11.6%)

(although if you take out energy companies the growth is in the 5% range. Which is still solid, but less fireworky)

Igy how are things? Spring yet in the Rockies? Or Sawtooths as it were.

I'm winding up my season...I'm beat. Race this weekend, race next weekend, then I'm going to hang up the racing shoes for a month or two. can't stop running of course. What would be the point in that life?

I've been going hard since August and I think I'm starting to lose it, mentally and physically.

But I'm in decent shape - I have some hopes for the races. Official reach goal is a 83% race - I don't think I've ever ran that on the roads. I did on the track a couple times.

agip,

Good luck. Any time you get close to 83% you are moving. Let me know how it goes. I had similar experience between the roads and track, always faster on the track age graded.

A triathlon friend of mine was a top 10 finisher at World 1/2 Iron Man last year. Very good 50+ athlete. He has been fried psychologically for months now. Hey it takes a lot of physical and mental effort to keep this going. Unfortunately, as you get older you have to do that many more things correctly to keep it going.

As I mentioned I had the self imposed injury break during the winter, so I have had my down time. Besides, the better racing here is spring and summer. My activity level is higher, this week should log: 1:50 spin bike, 1:20 core/weights, 6.5 miles walking and 24 miles running. At the moment I am trying to increase the total volume.

Several of us on the 50 Year and Over LR Thread have made commitments for a fast mile time this season. To accomplish this I need to increase the volume, because in the end I am a distance runner trying o be a miler. Therefore lately just trying to get a balance. Last season I just focused on quality running and did not spend any time on core/weights. Generally the thought is emphasizing things that have worked in the past. A staple for me has always been a long run once a week. Getting back to that. Last week I ran 9 miles in the foothills with 1,000' plus of elevation gain. This week moving up to 10 miles with probably at least additional 100' in elevation.

Igy

agip,

I remember reading about Hans Selye when I was a younger man. He had interesting and seemingly anecdotally accurate theories about exercise and psychological stressors.

"In 1936 Hans Selye created the stress model "General Adaptation Syndrome", which thoroughly explains the stress response and how aging and disease are caused by chronic exposure to stress.

'Every stress leaves an indelible scar, and the organism pays for its survival after a stressful situation by becoming a little older.'

Hans Selye (1907-1982)

This quotation clearly summarizes his belief on how stress affects the human body through aging and other natural body processes that occur as we encounter various stressors in our daily lives."

Igy

Ghost of Igloi wrote:

No, I am one of the few who post here that has something serious to say.

This is priceless coming from the guy who has almost single-handedly destroyed this thread. Remember all those posts that offered a contrary position to yours that you asked to be deleted? Remember all those positive contributors who left the thread because of your thin-skinned selfishness? Remember all those different handles you have used and stolen to troll the thread? Yeah, you're serious alright.

You know what you have done and you should feel guilty for your bad behavior. But you have a screw loose so that won't work.