Financial Advisor wrote:
la gente esta muy loca wrote:
His 3 month t- bill calculations are wrong. Anyone that has any background in FI can tell just by looking at his chart.
Agreed. There’s obviously no way t-bills came anywhere close to what the S&P 500 did during that period.
I don’t know if Hussman is purposely being misleading, or if he is just an incompetent fool.
T-bills did outperform S&P 500 ( VFINX, SPY ) from about 10/1995 to 2/2009; the 1959 to 1982 is flat out wrong. T-bills did outperform S&P 500 from about 12/31/1965 to 12/31/1984; 59/76 quarters ( ahead almost 78% of the time ). Outperformed 9/19 years.
It appears he was compounding monthly instead of quarterly.
All eight indexes on our world watch list posted gains through February 22, 2021. The top performer is Hong Kong's Hang Seng with a gain of 11.34%, Tokyo's Nikkei 225 is in second is with a gain of 9.88% and China's Shanghai is in third with a gain of 4.88%. Coming in last is Germany's DAXK with a gain of 1.45%.
Ghost of Igloi wrote:
UBER is like your investment in CHK, speculative and not supported by fundamentals.
Sold my UBER today at +59%. Thanks, Igy!
Sure, glad to help. You should have bought GME.
Iggy what are your yearly average gains since 2010?
Like Hussman. ?
Ghost of Igloi wrote:
Like Hussman. ?
Looks like 3.14% per year.
TBH that's not that good.
OK. I suppose understandable since I believe this is the biggest bubble ever. I see it everywhere, from my house, Bitcoin, GameStop, you name it. I let you count your money while you’re sitting at the table. ?
Swag,
I think that was a good question, but a better question is: how is your financial condition since 2010? That could include a host of other factors that can be quantified, or not. The market return would be just one portion of that calculation.
Igy
Swaglord_the_real_one_1_one_1 wrote:
Ghost of Igloi wrote:
Like Hussman. ?
Looks like 3.14% per year.
TBH that's not that good.
He's paying more than that on his luxury life loans.
No, 2.875% on both, less with the home loan interest write off until recently, since the balance is small enough that there is no tax benefit. On the other hand, the house value is up 300% since I bought it. Best investment I ever made. And like the stock market, I know it will just keep going up. The real estate market is forward looking, you know.
Thanks Gruntz! ?
I wasn’t referring to the rates.
VS-SJW-IR-TS idiot wrote:
The Unkle wrote:Across the board for my 4 key investments
We all decide on investments that suit our personal beliefs, investment goals and risk tolerance. Investing in such a tight pool of very volatile, highly speculative equities suggests a very high risk tolerance, so I imagine you can handle it...?
It's not obvious to me what would lead you to pick that basket of equities. You are the one who started this thread warning of the impending market collapse, aren't you?
I'm not trying to be critical, I'm really trying to understand the logic.
I have explained this before. I have set aside 80% of my liquid assets into the safest possible CDs and bonds.
With the remaining 20% I have invested in people and products I believe in -- primarily Elon Musk and bitcoin (and recently weed stocks).
For the most part this has paid off tremendously -- until the past two days which have been a massacre.
And yes, a market collapse is inevitable. Far worse than 2008-2009. The economy is in tatters thanks to the lockdowns and the Covid fear mongering and sooner or later the market has to reflect that.
Gruntz wrote:
I wasn’t referring to the rates.
How about Trump? ????????
Ghost of Igloi wrote:
Gruntz wrote:
I wasn’t referring to the rates.
How about Trump? ????????
He lost, Igy. Give it up.
Need a big bounce back today.
Two terrible days for bitcoin, Tesla, weed, nio, etc so far this week
The Unkle wrote:
Need a big bounce back today.
Two terrible days for bitcoin, Tesla, weed, nio, etc so far this week
Have you tried putting your money in things that aren't literal memes?
Dr. Racket wrote:
The Unkle wrote:
Need a big bounce back today.
Two terrible days for bitcoin, Tesla, weed, nio, etc so far this week
Have you tried putting your money in things that aren't literal memes?
ARKK down 21% in 5 days at its lows yesterday.
That's got to hurt a lot of people.
On the other hand, yesterday looked like a morning capitulation, when all the weak hands folded, so that could be bullish.
Jakob Ingebrigtsen has a 1989 Ferrari 348 GTB and he's just put in paperwork to upgrade it
Is there a rule against attaching a helium balloon to yourself while running a road race?
Strava thinks the London Marathon times improved 12 minutes last year thanks to supershoes
NAU women have no excuse - they should win it all at 2024 NCAA XC
How rare is it to run a sub 5 minute mile AND bench press 225?
Mark Coogan says that if you could only do 3 workouts as a 1500m runner you should do these
Move over Mark Coogan, Rojo and John Kellogg share their 3 favorite mile workouts
Am I living in the twilight zone? The Boston Marathon weather was terrible!