But you’re usually wrong, so there is that.
But you’re usually wrong, so there is that.
Everything is just so ? AWESOME:
https://www.zerohedge.com/s3/files/inline-images/bfm167F.jpg?itok=iLLlwjln
?
Ghost of Igloi wrote:
Sally Vix wrote:
Maserati - you really don't want to pay close attention. You already said you are "buy-and-hold." You buy and hold. That simple. You understand that over the long haul your investment will go up about 10% per year. At that rate your investment doubles every 7 years. Think about that! Quite remarkable. Of course some years will not be so great but over the long run your investments will double every 7 years.
***Note: None of the above is remotely true for the past twenty years, and it has taken $3.5 Trillion in QE to get the meager returns of today. Now if anyone thinks that future equity returns resembles the post 2016 election period, well good luck.
Man I don't care if it's fueled by aliens injecting space gold into the equities market. I'm riding the wave up.
Rule #1 : Don't fight the trend.
And the trend is that markets are only allowed to go up right now. Fed won't let it crash, government won't let it crash, and market makers are so over-extended on ETFs that all the algorithms won't let it crash either.
agip wrote:
Racket wrote:
Apparently inflation doesn't exist anymore. Prices of inelastic goods are going up though
Economic nirvana. Not too hot, not too cold, no wars, low taxes. Except for the batpoop crazy politics around the globe all is good. Buy buy buy but keep an eye on the sell button. Be sure you can get out before the other guy. (jk)
Personal whinging time:
Agip's disastrous attempt to be a smart investor: +0.23%
Dumb as rocks total stock market index: +0.33%
10 bps, always 10 bps. Today's problem is high yield bonds again. They are flat while the market is moving up. But they will pay a nice dividend next week so that's something anyway.
Just the latest in a long line of paradoxes that economics PhDs thought couldn't happen. That whole "science" needs a hard wake up call in my opinion.
Lots of things in my b&h basket down today....be strong.... This is fascinating to me.
Maserati wrote:
Lots of things in my b&h basket down today....be strong.... This is fascinating to me.
I like FB stock right now. People bitching and moaning about fake news but advertisers are still paying up big time for ad space. Plus, young people are fleeing Facebook to go to... Instagram. Bonus : their fundamentals look good and they're not too exposed to extreme debt.
Racket wrote:
Maserati wrote:
Lots of things in my b&h basket down today....be strong.... This is fascinating to me.
I like FB stock right now. People bitching and moaning about fake news but advertisers are still paying up big time for ad space. Plus, young people are fleeing Facebook to go to... Instagram. Bonus : their fundamentals look good and they're not too exposed to extreme debt.
FB will take in a potload of money in this election cycle, surely. But I'm a little dubious on FB. In my personal feed I'm seeing less and less participation. People used to provide a lot more content, in my circles. Even politics FB died out in my circles.
Maybe FB's hold is burning out. At least for now.
agip wrote:
Racket wrote:
I like FB stock right now. People bitching and moaning about fake news but advertisers are still paying up big time for ad space. Plus, young people are fleeing Facebook to go to... Instagram. Bonus : their fundamentals look good and they're not too exposed to extreme debt.
FB will take in a potload of money in this election cycle, surely. But I'm a little dubious on FB. In my personal feed I'm seeing less and less participation. People used to provide a lot more content, in my circles. Even politics FB died out in my circles.
Maybe FB's hold is burning out. At least for now.
Pretty much everyone is still addicted to being connected though and FB has a huge share of that especially with Instagram and WhatsApp is huge internationally. I really think ad companies are going to pay out the nose over the next year. Post 2020 is anyone's guess though.
Racket wrote:
agip wrote:
FB will take in a potload of money in this election cycle, surely. But I'm a little dubious on FB. In my personal feed I'm seeing less and less participation. People used to provide a lot more content, in my circles. Even politics FB died out in my circles.
Maybe FB's hold is burning out. At least for now.
Pretty much everyone is still addicted to being connected though and FB has a huge share of that especially with Instagram and WhatsApp is huge internationally. I really think ad companies are going to pay out the nose over the next year. Post 2020 is anyone's guess though.
Basically, people may not be posting and creating as much content, but I bet they're still logging in and looking everyday.
Ghost of Igloi wrote:
Even better, I suspect that after 2019
" 2018
" 2017
" 2016
" 2015
Yada Yada Yada
Tuesday:
Total stock market index +.01%
Agip's wunderfund: +0.14%
I knew I was smart, I knew it.
I'll take on clients on a 2/20 basis. Let me know.
^ More evidence of the superiority of buy-and-hold.
My b&h was down 0.40% today.
Yes I know I shouldn't be concerned with its daily moves.
J. Hardy wrote:
^ More evidence of the superiority of buy-and-hold.
Likely just another case of Igy just reading the headline. He’s not generally a buy-and-hold guy. He is, however, a Trump wannabe and Trump doesn’t read either.
Racket wrote:
agip wrote:
FB will take in a potload of money in this election cycle, surely. But I'm a little dubious on FB. In my personal feed I'm seeing less and less participation. People used to provide a lot more content, in my circles. Even politics FB died out in my circles.
Maybe FB's hold is burning out. At least for now.
Pretty much everyone is still addicted to being connected though and FB has a huge share of that especially with Instagram and WhatsApp is huge internationally. I really think ad companies are going to pay out the nose over the next year. Post 2020 is anyone's guess though.
On Facebook - i find that i hardly log on anymore and it's not something i look forward to. But groups i belong to post there about upcoming events, pics, etc., and you have to pretty much log on once in a while even if you don't want to.
But here's the important part- I generally hate advertising, and even avoid looking at it as i across across a page. But Facebook advertising is so targeted to what i've been searching and clicking on lately that i find i click on them, and i do it a lot. It's really effective even if I use the site a whole lot less.
That level of effectiveness has to pay off, i would think.
I dunno...the ads on my FB feed right now are for business cards and some kind of t shirts for cat fans. Not impressed.
That got me pegged as a running shoe and gym shoe guy. And that's definitely my soft spot (at least one of them)
I get the Round Up Lymphoma Lawsuit ads. Guess they haven’t figured out I never used it. Probably more likely lots of miles as a youngster.