Since 1/26/2018 MSCI All Country World Index down -4.81%.
So sorry Toucan.
Ghost of Igloi wrote:
Ghost of Igloi wrote:
Big Dog Investments wrote:
Ghost of Igloi wrote:
Hey no kiss of death from me Big guy. If you think a stock that is losing -$5.31 a share is a good gamble (note gamble not investment) then OK.
I obviously think it’s a good gamble. I even said as much. And now I think it is an even better gamble since you chimed in on the down side (as usual). Your reputation as a contrarian indicator is well deserved.
And your reputation for buying fundamentally flawed investments is well deserved. Let’s track this one and see how the contrarian indicator works.
https://www.nasdaq.com/market-activity/stocks/uber
Ghost of Igloi wrote:
Dow 26,616 1/26/2018, and Dow 9/26/2019 26,890. Same level last 20 months; no better than a CD as I have said.
Ghost of Igloi wrote:
Dow 26,616 1/26/2018, and Dow 9/26/2019 26,890. Same level last 20 months; no better than a CD as I have said.
Ghost of Igloi wrote:
Dow 26,616 1/26/2018, and Dow 9/26/2019 26,890. Same level last 20 months; no better than a CD as I have said.
seattle prattle wrote:
And when is that going to come?
Show me that with any degree of certainty and I;ll start taking what you have to say seriously.
seattle prattle wrote:
And when is that going to come?
Show me that with any degree of certainty and I;ll start taking what you have to say seriously.
I’m going to cash wrote:
seattle prattle wrote:
And when is that going to come?
Show me that with any degree of certainty and I;ll start taking what you have to say seriously.
I think I’m going to heed Igy’s warnings. Seems like the potential for the market going substantially higher from here is not nearly as probable as it going substantially lower.
55 years old and a little over 900k in my 401k. I’m going to all cash for a while. I can’t afford a 40% hit.
I’m going to cash wrote:
seattle prattle wrote:
And when is that going to come?
Show me that with any degree of certainty and I;ll start taking what you have to say seriously.
I think I’m going to heed Igy’s warnings. Seems like the potential for the market going substantially higher from here is not nearly as probable as it going substantially lower.
55 years old and a little over 900k in my 401k. I’m going to all cash for a while. I can’t afford a 40% hit.
Sally Vix wrote:
I’m going to cash wrote:
seattle prattle wrote:
And when is that going to come?
Show me that with any degree of certainty and I;ll start taking what you have to say seriously.
I think I’m going to heed Igy’s warnings. Seems like the potential for the market going substantially higher from here is not nearly as probable as it going substantially lower.
55 years old and a little over 900k in my 401k. I’m going to all cash for a while. I can’t afford a 40% hit.
You might live another 25 years. The market keeps taking hits and keeps going upwards. There is so much money on the sidelines waiting to invest when the market takes a moderate dive. Nothing is certain but I see it going up for the forseeable future. Igy had it going to 13,000 relatively recently. It is up 400% since 2009. You are potentially missing out on a lot.
Ghost of Igloi wrote:
Sally Vix wrote:
I’m going to cash wrote:
seattle prattle wrote:
And when is that going to come?
Show me that with any degree of certainty and I;ll start taking what you have to say seriously.
I think I’m going to heed Igy’s warnings. Seems like the potential for the market going substantially higher from here is not nearly as probable as it going substantially lower.
55 years old and a little over 900k in my 401k. I’m going to all cash for a while. I can’t afford a 40% hit.
You might live another 25 years. The market keeps taking hits and keeps going upwards. There is so much money on the sidelines waiting to invest when the market takes a moderate dive. Nothing is certain but I see it going up for the forseeable future. Igy had it going to 13,000 relatively recently. It is up 400% since 2009. You are potentially missing out on a lot.
Let’s start by dispelling one of the biggest myths.
THERE IS NO CASH ON THE SIDELINES. There is the same amount of dollar cash today as there was on in December when the S&P 500 was at 2,346. It is only the price of securities that have changed.
Ghost of Igloi wrote:
Not this nonsense again.
Ghost of Igloi wrote:
March of 2009 wiped out all equity returns in excess of T-Bills back to June of 1995. The next down cycle will be equally hard on investors. So rather than congratulating the past undervalued market, one should realize the extremely overvalued current market. There is little equity return at 2% below the all-time high. But do whatever, or think whatever you like, but the above is the history of markets.