Sally,
In the near future your S&P 500 Index is going to crown you Queen of the Double Wide Trailer:
https://m.youtube.com/watch?v=iICDCj-qOEU
Igy
Sally,
In the near future your S&P 500 Index is going to crown you Queen of the Double Wide Trailer:
https://m.youtube.com/watch?v=iICDCj-qOEU
Igy
Ghost of Igloi wrote:
Yet S&P 500 Index return since January 1, 2018 is only 2.9%.
Wow! It’s only April and it’s up 2.9%. This is great!
Wait what? wrote:
Ghost of Igloi wrote:
Yet S&P 500 Index return since January 1, 2018 is only 2.9%.
Wow! It’s only April and it’s up 2.9%. This is great!
It’s actually 8.3% and that doesn’t include dividends.
Ghost of Igloi wrote:
Yet S&P 500 Index return since January 1, 2018 is only 2.9%.
Wrong!
Up over 8%.
1/2/18 open 2683.
4/16/19 close 2907.
Fact checker wrote:
Wait what? wrote:
Wow! It’s only April and it’s up 2.9%. This is great!
It’s actually 8.3% and that doesn’t include dividends.
You be wise to check your facts:
https://dqydj.com/sp-500-return-calculator/i don't give a damn what it shows. Run the numbers for yourself and see how much you've been missing out.
seattle prattle wrote:
i don't give a damn what it shows. Run the numbers for yourself and see how much you've been missing out.
I’ll run the numbers after the next downturn.
Ghost of Igloi wrote:
Fact checker wrote:
It’s actually 8.3% and that doesn’t include dividends.
You be wise to check your facts:
https://dqydj.com/sp-500-return-calculator/
I ran my numbers again. I was right. You were wrong.
Doubling down on your errors?
Fact checker wrote:
Ghost of Igloi wrote:
You be wise to check your facts:
https://dqydj.com/sp-500-return-calculator/I ran my numbers again. I was right. You were wrong.
Calculator is thru 4/5/2019 so what I originally quoted is incorrect. However your and Seattle numbers are way off. Here is the math for pure S&P 500 Index return, not dividends reinvested.
Close 12/31/2017 = 2,743.15
Close 4/16/2019 = 2,907.06
The difference is 163.91. 163.91 / 2,743.15 = .05975247% (gross return, not annualized)
.05975247 / 471 (number of days since 12/31/2017) = .00012686 (daily return)
.00012686 x 365 = .04630499%
So S&P 500 Index Return January 2018 thru today 4.6%
Your and Seattle’s mistake, I suppose, was incorrectly using the first day’s open trade.
Igy
Should read S&P 500 for the period in question annualized at 4.6%
seattle prattle wrote:
Doubling down on your errors?
Silence implies VICTORY!
Moving the goalposts again? Now it’s “annualized”.
You were wrong. End of discussion.
Fact checker wrote:
Moving the goalposts again? Now it’s “annualized”.
You were wrong. End of discussion.
I didn’t move the goalposts, but you don’t even know how to calculate returns.
VICTORY!
Your failure to admit your mistakes demonstrates your weakness of character.
Ghost of Igloi wrote:
seattle prattle wrote:
Doubling down on your errors?
Silence implies VICTORY!
Silence implies that some of us have to get to running group practice. After all, there's more to life than riding the bull into an early retirement, right?
Futures up, there mister perma-bear.
Good one Seattle. Off to my morning run 3 x mile at tempo pace,
Have a good day.
Igy
Ghost of Igloi wrote:
Calculator is thru 4/5/2019 so what I originally quoted is incorrect. However your and Seattle numbers are way off. Here is the math for pure S&P 500 Index return, not dividends reinvested.
Close 12/31/2017 = 2,743.15
Close 4/16/2019 = 2,907.06
The difference is 163.91. 163.91 / 2,743.15 = .05975247% (gross return, not annualized)
.05975247 / 471 (number of days since 12/31/2017) = .00012686 (daily return)
.00012686 x 365 = .04630499%
So S&P 500 Index Return January 2018 thru today 4.6%
Your and Seattle’s mistake, I suppose, was incorrectly using the first day’s open trade.
Igy
Where to start? First, 2017 closed at 2673.61. The figure you used was the close on 1/2/18. That makes the return 8.7% which is even more than what those other two posters suggested (apparently they used the 1/2/18 open). So not only were they not “way off”, but it was YOU who actually used the wrong data.
Ghost of Igloi wrote:
https://mobile.twitter.com/hussmanjp/status/1117938176419606528
Been a while since I've checked in on this discussion. I must say that Hussman's confidence in his constant "sky is falling / will fall" predictions is annoying as hell. Predictions are very difficult, especially about the future... (Neils Bohr, Yogi Berra)