Fact Checker wrote:
When has proof ever mattered to you?
Trews wrote:
As you should know, every statement I make is supported by facts. Igy on the other hand...
My bad. I thought you were Igy.
Fact Checker wrote:
When has proof ever mattered to you?
Trews wrote:
As you should know, every statement I make is supported by facts. Igy on the other hand...
My bad. I thought you were Igy.
That is why you are my hero. Defender of the pure. You tell that Fact Checker. He should know your Saintly self. How could he claim that you are a racist? And the thought that you hate Mexicans, Chinese and Arabs.
Oh, snap!
Trew wrote:
I admit it. I actually don't read at all. I would rather be a totally blind passive investor. Similar to the blind Mellon.
You've definitely been a blind investor for the past 3 years.
After 3 years, I'm sure your savvy investments are making your mattress full..
I assume you are referring to me, yet I have neither posted for three years or said to stay out of the market. On the other hand, I have been consistent that the stock market is overvalued. So I have been wrong that the market moved from nowhere on 11/4/2016 at 2,088 (same level as when I first posted on 3/2/2014) to up 2,450 today. The move to 2,450 was based on the Trump reflation trade, none of which have happened. So, you take your cues from market action, so I assume you will sell when things get tough. The chart in the link below is mellon all the way (I'm a genius!).
http://charleshughsmith.blogspot.com/2017/06/what-is-market-telling-us.html
Igy
Oh Snap!
Ghost of Igloi wrote:
... I have neither posted for three years ... I first posted on 3/2/2014
I know this has been pointed out before, but you have surprisingly weak math skills for someone in your occupation.
Oh, snap!
Ghost of Igloi wrote:
so I assume you will sell when things get tough
Igy
That's your problem, you assume wrong.
That's why your assessment of what the Market is going to do has been so wrong for the past "3" years (or maybe longer). Who know how long you've been on here with all of the handles you use.
3/2/2015 My first post, which I stand still stand by.
The risk in the stock market is under appreciated. QE has distorted equity prices and the next big move is down rather than up. The Schiller PE is 27 and valuations are stretched when measured against other valuation models. Remember, the stock market has had two 50% down markets in the past fifteen years. The fifteen year average compounded return on the S&P is only 4.3%, which is inferior to treasuries. Treasuries are overvalued as well. Cash is the superior asset class when risk returns to the market.
Read more:
http://www.letsrun.com/forum/flat_read.php?thread=5369837&page=230#ixzz4kYpmOeGa
Buy your shoes from LetsRun and save 20% everday
Time flies when you are having fun.
Igy
Multiple handles? Who me?
Ghost of Igloi wrote:
My first post, which I stand still stand by.
Igy
We know that! You're going to stand by it until the death.
What message was that post trying to convey to people for the next 2 1/2 years.
Let me guess!
Stand firm in the Market. Continue to invest in the Market wisely for the next 2 1/2 years. On June 20, 2017, take your gains and convert to cash.
But we know better. That was not the message you were trying to send. The message you were trying to send as it relates to what the Market is going to do for the next 2 1/2 years has been dead wrong.
Read my words carefully, and then put your usual spin response to it.
Listen to me carefully and spin it anyway you like.
The only fundamental change in 2 1/2 years is that the market is 15% more expensive. Investors should look closely at their stock holdings against risk tolerance. All stock holding are subject to 50-60% loses over the short term, and achieve only -2 to +2% returns over the next 10-12 years.
Ghost of Igloi wrote:
Listen to me carefully and spin it anyway you like.
The only fundamental change in 2 1/2 years is that the market is 15% more expensive. Investors should look closely at their stock holdings against risk tolerance. All stock holding are subject to 50-60% loses over the short term, and achieve only -2 to +2% returns over the next 10-12 years.
Why would I spin this? As I expected, it's meaningless as to what I posted.
I would guess that you read in to the comments of the OP that the market is going to surge to 21.5K over the next 5 years.
And your post, or the OP has very little to do with anything I have said today or n the past.
So there.
Ghost of Igloi wrote:
And your post, or the OP has very little to do with anything I have said today or n the past.
So there.
I'm sorry! I should realize, all of your comments, assessments,articles, charts, graphs etc. are really for your own entertainment.
Just because I don't support Checking Account investing doesn't mean you shouldn't.
Whatever. You are the fool, you just haven't realized it yet. That is why you are a Muppet. Just one of many providing liquidity to the market.
Ghost of Igloi wrote:
3/2/2015 My first post, which I stand still stand by.
The risk in the stock market is under appreciated. QE has distorted equity prices and the next big move is down rather than up. The Schiller PE is 27 and valuations are stretched when measured against other valuation models. Remember, the stock market has had two 50% down markets in the past fifteen years. The fifteen year average compounded return on the S&P is only 4.3%, which is inferior to treasuries. Treasuries are overvalued as well. Cash is the superior asset class when risk returns to the market.
Time flies when you are having fun.
Igy
The market is up about 18% - not including dividends - since your post.
Good call.
The DGTD contrarian indicator strikes again.
Won't matter if you are fully invested when the market is down 60%. That would be a poorer call on your part.
Big Dog Investments wrote:
Ghost of Igloi wrote:3/2/2015 My first post, which I stand still stand by.
The risk in the stock market is under appreciated. QE has distorted equity prices and the next big move is down rather than up. The Schiller PE is 27 and valuations are stretched when measured against other valuation models. Remember, the stock market has had two 50% down markets in the past fifteen years. The fifteen year average compounded return on the S&P is only 4.3%, which is inferior to treasuries. Treasuries are overvalued as well. Cash is the superior asset class when risk returns to the market.
Time flies when you are having fun.
Igy
The market is up about 18% - not including dividends - since your post.
Good call.
The DGTD contrarian indicator strikes again.