I would say that the volatility has been fairly high. At least it seems like it.
9.14%
You guys are really great guys but to tell us how your portfolio has performed this year YTD is laughable. Dividends make up about 40% of a S & P portfolio but you dudes have no clue how to figure it into your portfolio performance.
You guys are really great guys but to tell us how your portfolio has performed this year YTD is laughable. Dividends make up about 40% of a S & P portfolio but you dudes have no clue how to figure it into your portfolio performance.
If the stock market had a return of 35.7% for the Dow this year, we can all be assured that Flagpole's portfolio has had a return of 35.71% this year. Flagpole's claims are laughable.
You guys are really great guys but to tell us how your portfolio has performed this year YTD is laughable. Dividends make up about 40% of a S & P portfolio but you dudes have no clue how to figure it into your portfolio performance.
You guys are really great guys but to tell us how your portfolio has performed this year YTD is laughable. Dividends make up about 40% of a S & P portfolio but you dudes have no clue how to figure it into your portfolio performance.
If the stock market had a return of 35.7% for the Dow this year, we can all be assured that Flagpole's portfolio has had a return of 35.71% this year. Flagpole's claims are laughable.
You guys are really great guys but to tell us how your portfolio has performed this year YTD is laughable. Dividends make up about 40% of a S & P portfolio but you dudes have no clue how to figure it into your portfolio performance.
If the stock market had a return of 35.7% for the Dow this year, we can all be assured that Flagpole's portfolio has had a return of 35.71% this year. Flagpole's claims are laughable.
INCORRECT!
I lost to the Dow in 2022 (by a lot). I beat the Dow last year. I started off this year losing to the Dow, but things have turned there, so I am currently beating the Dow.
I will always tell you the truth, for I do not lie...not one time ever in my adult life.
It doesn't even matter to me though if I beat the Dow at this point or not, but I will admit it makes me laugh that you get so bent out of shape over it when I am beating the Dow. Kind of a silly thing for you to care about.
The fact that I'm up over 6% this year so far (well less than that after today's beating) is insane, because 6% of A LOT is A LOOOOOOOOT!!!
I would say that the volatility has been fairly high. At least it seems like it.
Seattle - please don't say "Nice going Flagpole, I'm up also." Please don't say that. Flagpole has been making ridiculous claims here and ones that are not statistically possible. He is a journalism guy so he doesn't know statistics and doen't know how his claims are nonsensical. So do what we do - tell Flagpole - "You did great FP, just great." and just leave it at that.
I have a PhD in math and I support Flagpole's ridiculous claim. If nothing else, it makes me laugh at least
If the stock market had a return of 35.7% for the Dow this year, we can all be assured that Flagpole's portfolio has had a return of 35.71% this year. Flagpole's claims are laughable.
INCORRECT!
I lost to the Dow in 2022 (by a lot). I beat the Dow last year. I started off this year losing to the Dow, but things have turned there, so I am currently beating the Dow.
I will always tell you the truth, for I do not lie...not one time ever in my adult life.
It doesn't even matter to me though if I beat the Dow at this point or not, but I will admit it makes me laugh that you get so bent out of shape over it when I am beating the Dow. Kind of a silly thing for you to care about.
The fact that I'm up over 6% this year so far (well less than that after today's beating) is insane, because 6% of A LOT is A LOOOOOOOOT!!!
My bachelors, masters and PhD are all in STEM fields, and I used applied math, among other things, daily for a few decades to help me along to retirement. I consider Flagpole’s outlandish claims to be ludicrous, and I admit to taking a bit of joy in poking fun at them.
My bachelors, masters and PhD are all in STEM fields, and I used applied math, among other things, daily for a few decades to help me along to retirement. I consider Flagpole’s outlandish claims to be ludicrous...
It's really not outlandish at all. I put my thumb on the scale a few times. I got lucky initially with owning a single company stock that was the only way the company matched our contributions, barely beat the Dow many times and then got lucky with some big mutual fund moves before I really settled on just adding funds. My overall gain since 1989 has been just a tad bit better than The Dow, and one or two big annual losses could make me be behind the Dow over that time period. I have never claimed to be a stock (or mutual fund) picking genius. I have, in fact, mostly picked somewhat randomly other than eventually trying to be as diversified as possible.
Your degrees in STEM fields mean nothing with regard to the stock market. Doing well in the stock market has only THREE criteria...invest, invest, invest. Guidelines would be to only do it in mutual funds and try to be as diversified as possible, but for all the thought and pseudoknowledge people have about it, the fact is that if they invested more, that makes up for anything else.
Choosing the Dow as the benchmark is arbitrary. Choosing annual years is arbitrary. Hilarious that any of you care.
You guys are really great guys but to tell us how your portfolio has performed this year YTD is laughable. Dividends make up about 40% of a S & P portfolio but you dudes have no clue how to figure it into your portfolio performance.
One could simply rely upon the disclosure produced by their broker/investment company, or one could simply divide closing balance by the opening balance (assuming no deposits nor withdrawals). If there were any deposits or withdrawals, the calculation becomes a lot more complicated because when those happened should be figured in, if one does the calculation themselves.
But for the most part, we are just talking approximations, so that level of precision probably is never used unless the brokerage/investment company is performing the calculation.
Apparently, often quoted performance of the indices like the DJIA do not include dividends. So, it would be easy to skew a comparison, since the individual's performance probably includes dividends, but the comparable index performance does not.
As an example, ytd., the Dow Jones Year to Date Return for 2024 as of close today is + 3.93% , and the Dividend Yield for that period is +1.99%, so it is sizable relative to the index price returns for that period,.
My 1yr return of my brokerage account is 37% as of right now. It was as high as 50% a few weeks ago when the market was a little higher and 1yr ago the market was a little lower. I have figured out a strategy that allows me to mirror the market most of the time but significantly outperform it some of the time also. You just have to wait for opportunities and recognize them when they come.
Interesting comments juxtaposed against an economy that relies on increasing levels of government intervention to keep the game going. More akin to the Chinese model than anything before 2008. A certain level of evil, self-interest is driving the bus.
My bachelors, masters and PhD are all in STEM fields, and I used applied math, among other things, daily for a few decades to help me along to retirement. I consider Flagpole’s outlandish claims to be ludicrous, and I admit to taking a bit of joy in poking fun at them.
I'm a kindergarten drop out. I also find FP's abnormal returns to be spurious and deserve to be lambasted.
My 1yr return of my brokerage account is 37% as of right now. It was as high as 50% a few weeks ago when the market was a little higher and 1yr ago the market was a little lower. I have figured out a strategy that allows me to mirror the market most of the time but significantly outperform it some of the time also. You just have to wait for opportunities and recognize them when they come.
If I send you money will you teach me your secret?
My bachelors, masters and PhD are all in STEM fields, and I used applied math, among other things, daily for a few decades to help me along to retirement. I consider Flagpole’s outlandish claims to be ludicrous, and I admit to taking a bit of joy in poking fun at them.
I'm a kindergarten drop out. I also find FP's abnormal returns to be spurious and deserve to be lambasted.
Seattle - please don't say "Nice going Flagpole, I'm up also." Please don't say that. Flagpole has been making ridiculous claims here and ones that are not statistically possible. He is a journalism guy so he doesn't know statistics and doen't know how his claims are nonsensical. So do what we do - tell Flagpole - "You did great FP, just great." and just leave it at that.
I have a PhD in math and I support Flagpole's ridiculous claim. If nothing else, it makes me laugh at least
Flagpole has a Ph. D in misreading the performance of his portfolio. He has no clue that he is not figuring in dividends and other stuff. He is an embarrassment but we still love him, Warts and all.
I have a PhD in math and I support Flagpole's ridiculous claim. If nothing else, it makes me laugh at least
Flagpole has a Ph. D in misreading the performance of his portfolio. He has no clue that he is not figuring in dividends and other stuff. He is an embarrassment but we still love him, Warts and all.
I have been thinking to shy away from the TAG - Tesla, Apple and Goog.
Flagpole has a Ph. D in misreading the performance of his portfolio. He has no clue that he is not figuring in dividends and other stuff. He is an embarrassment but we still love him, Warts and all.
I have been thinking to shy away from the TAG - Tesla, Apple and Goog.
