I would like to see that assertion qualified. Does that include ETFs? Mutual funds? The trend currently as i understand it is less stock picking and more towards ETFs. So that might explain it, but without qualifications, its pretty worthless.
I would like to see that assertion qualified. Does that include ETFs? Mutual funds? The trend currently as i understand it is less stock picking and more towards ETFs. So that might explain it, but without qualifications, its pretty worthless.
Ghost of Igloi wrote:
While individuals regularly proclaim to be “long-term investors,” the average holding period for stocks has shrunk from more than 6-years in the 1970’s to less than 6-months currently.
Those are the people that listen to Igy saying SELL.
Uaxed4IT wrote:
Ghost of Igloi wrote:
While individuals regularly proclaim to be “long-term investors,” the average holding period for stocks has shrunk from more than 6-years in the 1970’s to less than 6-months currently.
Those are the people that listen to Igy saying SELL.
OK, let’s see the evidence of that statement or STFU.
Ghost of Igloi wrote:
Uaxed4IT wrote:
Those are the people that listen to Igy saying SELL.
OK, let’s see the evidence of that statement or STFU.
Read the thread.
Uaxed4IT wrote:
Ghost of Igloi wrote:
OK, let’s see the evidence of that statement or STFU.
Read the thread.
You must have failed reading comprehension on the SAT, if you ever made it that far.
Ghost of Igloi wrote:
Uaxed4IT wrote:
Read the thread.
You must have failed reading comprehension on the SAT, if you ever made it that far.
I’m not the one who wrote, “cash is king”.
Oh, but it is in a bad market. That is why you SAT scores were so poor.
Ghost of Igloi wrote:
Uaxed4IT wrote:
Those are the people that listen to Igy saying SELL.
OK, let’s see the evidence of that statement or STFU.
From the archives...
Ghost of Igloi wrote:
You've already made a huge mistake by being invested in overvalued stocks. Cash is king right now.
Rather than compounding your error, sell now.
The DGTD Historian wrote:
Ghost of Igloi wrote:
OK, let’s see the evidence of that statement or STFU.
From the archives...
Ghost of Igloi wrote:
You've already made a huge mistake by being invested in overvalued stocks. Cash is king right now.
Rather than compounding your error, sell now.
OK, let’s see the actual date and link to that post.
The DGTD Historian wrote:
Ghost of Igloi wrote:
OK, let’s see the evidence of that statement or STFU.
From the archives...
Ghost of Igloi wrote:
You've already made a huge mistake by being invested in overvalued stocks. Cash is king right now.
Rather than compounding your error, sell now.
Oh, Snap!
Date and link.
Ghost of Igloi wrote:
The DGTD Historian wrote:
From the archives...
OK, let’s see the actual date and link to that post.
I did a search, easy enough, and sure enough, you said it on 6/30/2017. (link:
http://www.letsrun.com/forum/flat_read.php?thread=8237309) :
Ghost 0f Igloi wrote:
Investment gurus wrote:
The car loan is only at 0.9%. But I'm thinking that there is a decent chance the market will correct 10-25% at some point in the next year or so, so why not sell some stock while it's high? Is this just foolish me trying to 'time the market'?
Flagpole and Igy ... what would you do?
You've already made a huge mistake by being invested in overvalued stocks. Cash is king right now.
Rather than compounding your error, sell now.
So, based on your call on 6/30/17, at today's close, if cash was king, staying invested in the S&P 500 over that duration was king +18%.
That's a lot.
seattle prattle wrote:
Ghost of Igloi wrote:
OK, let’s see the actual date and link to that post.
I did a search, easy enough, and sure enough, you said it on 6/30/2017. (link:
http://www.letsrun.com/forum/flat_read.php?thread=8237309) :
Ghost 0f Igloi wrote:
You've already made a huge mistake by being invested in overvalued stocks. Cash is king right now.
Rather than compounding your error, sell now.
Seattle,
Glad you found the actual post. Look very closely at “of” the letter “o” is a “0.” Funny how my shadow, found this so quickly, since he spent a good amount of time impersonating my handle here on this thread. The moderators have banned him several times. He is half crazy.
Igy
Same guy as the Oh Snap!
seattle prattle wrote:
So, based on your call on 6/30/17, at today's close, if cash was king, staying invested in the S&P 500 over that duration was king +18%.
That's a lot.
Seattle,
I suppose you owe me an apology.
Igy
in that case, my apologies.
But to be fair, you probably would have advocated something very similar to that at that time, wouldn't you?
Oh SNAP!
and for the record, i offered the apology before you asked for it...
seattle prattle wrote:
in that case, my apologies.
But to be fair, you probably would have advocated something very similar to that at that time, wouldn't you?
Seattle,
The point was and has been that cash is the best asset class in a bad market. Simple fact, period. Of course there are those that want to manipulate that statement selectively to create their own narrative.
Think about it, why would someone continue to play this game for years? Answer: they have a loose wheel or two.
Igy