Ghost of Igloi wrote:
The biggest joke was Powell and the Fed caving in to Trump or was it a stick stock save?
You give Trump way too much credit. Are you one of his fanboys?
Ghost of Igloi wrote:
The biggest joke was Powell and the Fed caving in to Trump or was it a stick stock save?
You give Trump way too much credit. Are you one of his fanboys?
Actually I think delusional Fed, Republican and Trump economic policies will be the big influences on the 2020 election. The Russia thing was a ruse.
What do you think about the US 10 Year and 3 Month yield inversion earlier this morning?
mister wrote:
Ghost of Igloi wrote:
as good as buying the Dow at 26,000;
You were saying the same thing at 17,000.
Ignoring that worked out pretty good for me.
No mister, at 18,000 I said the next big move was down not up. Guess what? I was right. The market hit lows under 15,500 three times 8/2015-2/2016. Markets stick saved by Shanghai Accord and Republican tax cuts. Can Powell’s dovish retreat fuel more FOMO? Guess we will see, but the bond market is saying something negative.
Ghost of Igloi wrote:
mister wrote:
You were saying the same thing at 17,000.
Ignoring that worked out pretty good for me.
No mister, at 18,000 I said the next big move was down not up. Guess what? I was right. The market hit lows under 15,500 three times 8/2015-2/2016.
As you always say, the important thing is where is it at today (3 years later). Well?
I know! Like you claim, most investors sold at those lows.
mister wrote:
Ghost of Igloi wrote:
No mister, at 18,000 I said the next big move was down not up. Guess what? I was right. The market hit lows under 15,500 three times 8/2015-2/2016.
As you always say, the important thing is where is it at today (3 years later). Well?
I know! Like you claim, most investors sold at those lows.
No mister, as I have said, investors as a class cannot avoid the downturn since each share of stock must be owned by someone thru each moment in time. Why do you think the 20 year equity return is well below the historical trend? Hey mister, if you can navigate this period to your advantage I congratulate you. I just don’t believe that will be the case for investors as a whole. We will see if a bloated and extended market can squeeze out a few more months of alpha.
Ghost of Igloi wrote:
mister wrote:
As you always say, the important thing is where is it at today (3 years later). Well?
I know! Like you claim, most investors sold at those lows.
No mister, as I have said, investors as a class cannot avoid the downturn since each share of stock must be owned by someone thru each moment in time. Why do you think the 20 year equity return is well below the historical trend? Hey mister, if you can navigate this period to your advantage I congratulate you. I just don’t believe that will be the case for investors as a whole. We will see if a bloated and extended market can squeeze out a few more months of alpha.
You mean a few more days. You're the one who said the 1st quarter of 2019 will be a disaster. We'll find out next week.
Ghost of Igloi wrote:
mister wrote:
As you always say, the important thing is where is it at today (3 years later). Well?
I know! Like you claim, most investors sold at those lows.
No mister, as I have said, investors as a class cannot avoid the downturn since each share of stock must be owned by someone thru each moment in time. Why do you think the 20 year equity return is well below the historical trend? Hey mister, if you can navigate this period to your advantage I congratulate you. I just don’t believe that will be the case for investors as a whole. We will see if a bloated and extended market can squeeze out a few more months of alpha.
And there Ghost goes again with that 20-year equity return simply because the 3 years succeeding 2000 were terrible years. Yet time and time and time again he always goes back to 2000 as his starting point BECAUSE everything else suggests that the stock market HAS RETURNED ON AVERAGE 11% year after year after year.
mister wrote:
Ghost of Igloi wrote:
No mister, as I have said, investors as a class cannot avoid the downturn since each share of stock must be owned by someone thru each moment in time. Why do you think the 20 year equity return is well below the historical trend? Hey mister, if you can navigate this period to your advantage I congratulate you. I just don’t believe that will be the case for investors as a whole. We will see if a bloated and extended market can squeeze out a few more months of alpha.
You mean a few more days. You're the one who said the 1st quarter of 2019 will be a disaster. We'll find out next week.
Oh please market go down! I want so much for the nut job Detector Dude to eat it!
Sally Vix wrote:
Ghost of Igloi wrote:
No mister, as I have said, investors as a class cannot avoid the downturn since each share of stock must be owned by someone thru each moment in time. Why do you think the 20 year equity return is well below the historical trend? Hey mister, if you can navigate this period to your advantage I congratulate you. I just don’t believe that will be the case for investors as a whole. We will see if a bloated and extended market can squeeze out a few more months of alpha.
And there Ghost goes again with that 20-year equity return simply because the 3 years succeeding 2000 were terrible years. Yet time and time and time again he always goes back to 2000 as his starting point BECAUSE everything else suggests that the stock market HAS RETURNED ON AVERAGE 11% year after year after year.
I think you really are not that sharp.
Ghost of Igloi wrote:
Sally Vix wrote:
And there Ghost goes again with that 20-year equity return simply because the 3 years succeeding 2000 were terrible years. Yet time and time and time again he always goes back to 2000 as his starting point BECAUSE everything else suggests that the stock market HAS RETURNED ON AVERAGE 11% year after year after year.
I think you really are not that sharp.
You think that CDs did okay for one month and that stock's had one month of so-so returns that CDs are the cat's meow. Ghost - do you have a clue at how investments work? One month's return means squat to one's portfolio. You look at how it does over long turn. What type of idiot would proclaim an asset good or bad based on one month. You really have no idea about investments. Please read up and learn a little.
Your whole basis in arguing against the stock market is picking one point in time (2000) when 2001, 2002 and 2003 were terrible years following 2000 and condemning the market based on that one metric. Are you really that much of a simpleton? The stock market HAS returned about 11% annually over the last years. Oh, but Ghost wants to focus on 2000. Seriously, Ghost?
The 30 year Index return is annualized at 7.71%, carry it out to 40 years and you get your 11%. Recent 20 years is half that, and your snap shot is near the top of one of the biggest bubbles ever. For your sake I hope you live another 40 years to get your 11%.
Ghost of Igloi wrote:
The 30 year Index return is annualized at 7.71%, carry it out to 40 years and you get your 11%. Recent 20 years is half that, and your snap shot is near the top of one of the biggest bubbles ever. For your sake I hope you live another 40 years to get your 11%.
No, Ghost. The 30 year annualized returns are over 10% when dividends are reinvested. All of my stocks and mutual funds have their dividends reinvested. Why do you never want to included reinvested dividends? Oh ... because it doesn't favor your argument. Every asset I have reinvests its dividends.
https://dqydj.com/sp-500-return-calculator/OK. What was the first year you invested? What is your time weighted return since your starting point? If the number is anything close to what you quoted I will buy you a nice dinner next time you are in Boise.
Ghost of Igloi wrote:
OK. What was the first year you invested? What is your time weighted return since your starting point? If the number is anything close to what you quoted I will buy you a nice dinner next time you are in Boise.
I have never been to Boise. Is it nice? Not sure when my first year I bought an investment but I would be honored to treat you to a nice dinner if I was able to make it there. Do they have Hooters? Just kidding - that was in response to that other thread. LOL.
Sally,
Boise is nice. Experiencing a lot of growth which I don’t like. I live in a smaller town (Eagle) about 10 miles to the west of the Downtown where I work.
Hooter’s closed and was replaced by a Chick Fillet; that tells it all. There is a cheezy titty bar the Torch Lounge Gentlemen’s Club. Never been my thing so you will need to find another chaperone.
You live in Texas right? I was head track and cross country coach at Blinn College, Texas A&M-Kingsville and UT-Rio Grande Valley. Son was born in Brenham and daughter in Kingsville. Coached 14 years at those three schools, so know the state well.
Igy
Ghost of Igloi wrote:
Sally,
Boise is nice. Experiencing a lot of growth which I don’t like. I live in a smaller town (Eagle) about 10 miles to the west of the Downtown where I work.
Hooter’s closed and was replaced by a Chick Fillet; that tells it all. There is a cheezy titty bar the Torch Lounge Gentlemen’s Club. Never been my thing so you will need to find another chaperone.
You live in Texas right? I was head track and cross country coach at Blinn College, Texas A&M-Kingsville and UT-Rio Grande Valley. Son was born in Brenham and daughter in Kingsville. Coached 14 years at those three schools, so know the state well.
Igy
Wow - were you head coach at Blinn when they were racking up national titles? I pass Brenham all the time when heading out to my brother's sister-in-law's ranch in Chappell Hill. Nice drive - not too much traffic. I have visited maybe 40 states but not sure if I ever made it to Idaho.
Manafort bought Trump when it was cheap, that paid off...Trump’s gonna keep it private, ha ha.
No, that was Pat Henry and Steve Silvey. Pat was my friend and I called him and invited him to come down and interview as my replacement. He was on vacation at Six Flags drove down and interviewed in my suit. The rest is history.
Chappell Hill. Yes nice country. There was a nice BBQ place out in the vicinity Pinkies. Had a lot of athletes from those small towns around Brenham. Of course don’t forget Blue Bell ice cream.
I was in Idaho for the NCAA Meet in 1994, interviewed for the Idaho women’s job in 1996 (didn’t get it). Tired of the traveling as my kids got older, quit coaching that summer. Moved to Idaho and hired by then Dean Witter shortly after we arrived. Nothing easy about the move and career change but glad I did it. Texas was good to our family, left a lot of good friends. Our family enjoys the four seasons and outdoors of Idaho, but like most things it is what you make of it.
Igy
But Sally, you said you were so HAPPY living in Russia? St. Petersburg, right? Come on back & visit the other 10 states. The democracy’s fine, wish you were here.