My “balanced portfolio” seems to be doing well, even though the few euro things are down. Currency/jurisdictional exposure in EUR, CHF, GBP, CAD, and USD working out well, with an over-weighting on USD. Asset class exposure is cash-heavy, then RE, then art/antiquities, then int’l. equities, then US equities, and all cash is USD.
What times. Not really paying attention to markets, I plan not to touch what I have for many years. Ignorance is bliss! I think I will buy a bit more gold. Tried to buy things like AUCOY, got shut out. I didn’t sweat the RE crash after ‘08, where ours dropped 50%, because I had no plans to sell. Same this time.
Didn’t move on elevated vix...in fact, didn’t even look. Have no bonds save for a few ibonds.
Will wait for full decimation until I look for more buying opportunities.
have to think there will be a dump at the close today - many will have zero interest in holding risk over the weekend, with flaming nuclear power plants and more urging for NATO to get involved. I may buy at the end of the day.
I believe a more appropriate comparison would be buying the dip in August of 2000 months after the high of March 2000. The investor was not rewarded for 15 years. It can happen here, and is possibly likely.
On the NASDAQ only, which at the time was basically just a hype index.
Every other index was pretty much unaffected. No one considers the NASDAQ to be the broad market, which is the SP500
True, but 13 years for the S&P 500 if that gives anyone comfort. I feel this era is far crazier than the Tech Bubble. For example, people were running away from dividend stocks then, and the 10 Year Treasury was close to 6%.
Igy wrote August 2000, five months after the March 2000 peak.
Checking back, the index daily close ranged from 1438 to 1517 in August 2000. Apart from brief blips before the next crash, the index did not sustain higher values until around 2013, give or take, and was below those levels for >> 99% of the time between.
Liars can figure... :-)
Literally, the exact quote - "The investor was not rewarded for 15 years." Which is true... for the NASDAQ only. We're talking about buying the dip on the broad market during the recession caused by the dot com bust, because no one, even to this day, considers the NASDAQ "the broad market."
Doesn't even count re-invested dividends. And DJIA is up even more over that period of time by the way.
lmk if you want me to check a 5th time though
Dividend reinvestment, give me a break. Conveniently used to make stocks look less expensive. Should we throw in inflation? How about a comparison to reinvested bond proceeds?
The Illuminati told me to buy brk, which I told all of you. I didn’t, instead I diversified more, but still have the aapl that brk has. But look at brk.
They have also bought more vaulted gold. I have also hinted at that on here. Bear in mind that these are people who don’t need money. When I say “they” did something, it is what their agents tell them that they have been doing. They have also been buying farmland and various agricultural concerns, around the world. They have also been buying lots of land for redevelopment, in places like Catalonia. They have also bought Russian commodity stocks.
When will there be total decimation? Depends on where and what you’re talking about. I am still looking at RE—the EUR has fallen nicely, but the safe haven CHF is strong😡. Maybe time to buy in europe instead, before they announce some sort of QE/stimulus that will elevate things.
Notice you haven’t heard anything about asset forfeiture from Monaco—however, last night I received twelve new listings in the French Alps. Unfortunately not what we are looking for.
The answer, though, is that I will be buying when and what the illuminati buy. I spill enough of the beans on here. If there is a good-looking opportunity, I will back the truck up, and buy individual stocks...but darnit that brk. I keep watching...
OK, we are splitting hairs and cherry picking. Igy either mistyped or erred when he wrote 15 years. To me that's nitpicking, not unlike the cherry picking he gets accused of.
The fact remains that if an investor had waited five months from the March 2000 peak and decided the markets had reached a good dip that was ripe for investment that August, and then went all in, they would see horrible returns for > 10 years.
It's easy to look at that and say, sure, but the long-term buy and hold investor who stayed the course for 15 years would see +50% gains! But an investor should be expecting an average of +200% gains over 15 years, not a paltry 50%.
Again, we are trading statistics without context, but if you dismiss Igy's point you are revealing an important blind spot. I think you are too smart to not actually see this point.
the other point is that few of us have 100% stocks...a 60/40 portfolio recovered from that crash in just 2-3 years.
The Illuminati told me to buy brk, which I told all of you. I didn’t, instead I diversified more, but still have the aapl that brk has. But look at brk.
They have also bought more vaulted gold. I have also hinted at that on here. Bear in mind that these are people who don’t need money. When I say “they” did something, it is what their agents tell them that they have been doing. They have also been buying farmland and various agricultural concerns, around the world. They have also been buying lots of land for redevelopment, in places like Catalonia. They have also bought Russian commodity stocks.
Wait, the Illuminati bought more gold?
You mean they don't secretly own 100% of it already???
Illuminati would def buy agriculture and land though. All part of their New World Order plan.
Literally, the exact quote - "The investor was not rewarded for 15 years." Which is true... for the NASDAQ only. We're talking about buying the dip on the broad market during the recession caused by the dot com bust, because no one, even to this day, considers the NASDAQ "the broad market."
Doesn't even count re-invested dividends. And DJIA is up even more over that period of time by the way.
lmk if you want me to check a 5th time though
Dividend reinvestment, give me a break. Conveniently used to make stocks look less expensive. Should we throw in inflation? How about a comparison to reinvested bond proceeds?
Give you a break on what? The way the world works? lmao