Another record high for the S&P 500!
Another record high for the S&P 500!
Yippee! wrote:
Another record high for the S&P 500!
Please! This is no time to celebrate.
The gains you think you've made are not real.
Charts, graph, commentary proving that to follow I'm sure.
https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/economics/zmfATcSa4EegwR7v_znq6Q/c5C6DmgE1EilgIA6R6vpVwmellon wrote:
Yippee! wrote:
Another record high for the S&P 500!
Please! This is no time to celebrate.
The gains you think you've made are not real.
Charts, graph, commentary proving that to follow I'm sure.
Ghost of Igloi wrote:
https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/economics/zmfATcSa4EegwR7v_znq6Q/c5C6DmgE1EilgIA6R6vpVw
This is misleading as it doesn’t include pensions, annuities, mutual funds, stocks, etc.
Ted Nugent wrote:
Ghost of Igloi wrote:
https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/economics/zmfATcSa4EegwR7v_znq6Q/c5C6DmgE1EilgIA6R6vpVwThis is misleading as it doesn’t include pensions, annuities, mutual funds, stocks, etc.
No Ted, on average 83% of the above is in 401k, IRA and other retirement accounts, the remaining amounts in brokerage accounts, annuities and banks. Can you imagine what will happens when the market gets that 65% drop?
Ghost of Igloi wrote:
Ted Nugent wrote:
This is misleading as it doesn’t include pensions, annuities, mutual funds, stocks, etc.
No Ted, on average 83% of the above is in 401k, IRA and other retirement accounts, the remaining amounts in brokerage accounts, annuities and banks. Can you imagine what will happens when the market gets that 65% drop?
What 65% drop?
The one coming to an equity market near you.
Ted Nugent wrote:
Ghost of Igloi wrote:
https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/economics/zmfATcSa4EegwR7v_znq6Q/c5C6DmgE1EilgIA6R6vpVwThis is misleading as it doesn’t include pensions, annuities, mutual funds, stocks, etc.
You are correct that it does not include pensions, brokerage accounts, and annuities. Nor does it include mutual funds held outside of a retirement account. The numbers reflect only bank accounts and retirement savings accounts.
You may also wish to consider this disclaimer accompanying the article: “The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities prior to publication.”
Ghost of Igloi wrote:
The one coming to an equity market near you.
And remember "SOON"
Don't doubt him on this. He's always been spot on with his prediction time frames.
Ghost of Igloi wrote:
https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/economics/zmfATcSa4EegwR7v_znq6Q/c5C6DmgE1EilgIA6R6vpVwmellon wrote:
Please! This is no time to celebrate.
The gains you think you've made are not real.
Charts, graph, commentary proving that to follow I'm sure.
Of course Igy uses the charts, graphs, and commentary in an attempt to derail any talk about the bull market. He just can’t stand that other people are enjoying their prosperity.
Enjoy your paper wealth “prosperity.”
Ghost of Igloi wrote:
Enjoy your paper wealth “prosperity.”
Thanks again for proving my point.
No point to prove other than your usual childish response.
Ghost of Igloi wrote:
Enjoy your paper wealth “prosperity.”
Thanks, Igy. I have.
And by doing so, i have been enjoying of what Warren Buffet calls 'the magic of compounding'.
Sprinkled with dividends.
All in expectation of the real party to come - the taking of profits.
Those invested over the long term have that opportunity.
Good job. How was the leveraged Russell fund today?
another all time high, thanks.
Good, like everything. YOLO.
Why the f*** is this thread so long
Please enlighten me wrote:
Why the f*** is this thread so long
Because you can find the magic elixir for sustainable wealth here. YOLO.
Ghost of Igloi wrote:
Enjoy your paper wealth
Or better known as "Money"