Down goes the Dow

NATO gigging Russia was likely an expensive and stupid idea. Now everyone pays, some with their life.

Jim Cramer explains why believes a market rally is on the horizon

If Cramer says the market will pump then it's time to sell now.

I used to enjoy reading Flagpole’s posts. He was always reasonable and respectful. Now he sounds more like Igy…offering insults and refusing to admit a mistake.

Your time would have been better spent buying SARK and EMD rather than trolling Igy.

I’ll pile on disbelieving Flagpole. I don’t generally believe anyone who makes such claims. Sounds like a blowhard, might be a …

Flagpole a blow hard, I am astounded. He only labeled half this country either stupid, or racist.

Hey idiot I’m curious, how’s the SQQQ working out? Still have it?

Well, you're wrong. I'm no blowhard. I'm no expert at investing, and I have said that forever. I passively invest in mutual funds precisely because I am not an expert in investing, and I do not want to spend the time to become one; mostly because I don't believe experts do any better than non-experts, and the key is to just DO the investing. I use managed funds from Vanguard and Fidelity, and for whatever reason, the spray of funds I have picked over time have led me to beat The Dow 32 of 33 years. Could be luck. Could be that Vanguard and Fidelity know what they are doing more than others realize. It's certainly not due to any know-how on my part...so, a blowhard? Nah.

It could be that odds are catching up with me. Let's check today's score card:

Dow YTD is -4.23%

Flagpole YTD is -10.14% (Jeebus)

We will see how it all ends up. I've been behind a lot before in other calendar years and caught back up. In any event, it's never a GOAL of mine to beat The Dow. It's just the measuring stick I have always used, and it's just a thing that has happened.

Regarding calls from Sally and others to list my funds, the last time I listed just ONE (Artisan Mid Cap Fund Institutional Class APHMX) because it was doing over 60% in the year that year by Christmas Day, I got a TON of push back on that from people who didn't know how to look up how the fund was actually doing including from Sally who was persistent in challenging me on that, and it took me more time and effort than I want to put into it again to prove to that fool that he was wrong. He finally acknowledged that I was right (OF COURSE I WAS RIGHT!), but I don't need that sh!t. Another poster (who I won't name) called me a liar and then never apologized or acknowledged that I was right when the evidence was made clear to him.

So, nah. I'm sorry that all of your "educated guesses" at what funds to pick apparently haven't done as well as my much more hands-off approach, but I have no control over that.

Finally, and if you've ever read any of my stuff ever, you will know that I don't recommend any individual stocks ever, because I won't recommend something I don't do, and I don't recommend any specific mutual funds either, because I just OWN them. I have no specific knowledge of them to recommend them, and the performance of the funds I own can turn on a dime as obviously is the case so far this calendar year.

1) Not a blowhard.

2) You WISH half the country felt like you. You are in the minority, brother. It is less than half the country that is either JUST stupid or racist. Thank goodness.

No mistake to admit to.

😹

So NOW you are saying you typically use actively managed funds? That makes it even more unbelievable of your claim. Index funds routinely beat actively managed funds. In fact, 86% of actively managed funds over the last 20 years underperformed versus the S&P Composite 1500 index, which comprises 90% of all U.S. publicly traded companies. So not only are you saying your portfolio which includes actively managed funds beat the market over the last 33 years but you are saying that it beat the market EVERY YEAR but 1 over the last 33 years. Beyond ridiculous.

Your post unread.

I am curious... which benchmarks do you compare your portfolio to? Which benchmark(s) have you done so wonderfully against?

Sally, remember when you challenged me on Artisan Mid Cap Fund Institutional Class APHMX? Remember how you didn't know how to look up how it was doing? You were insistent that you were right. You weren't. No sure if that post of yours I didn't read was another call for me to list my funds for you, but since you have proven you don't even know how to look up how a fund is performing, I'm not going to list any more funds for you. Sorry that you apparently aren't doing well in your investing.

Pretty hard to argue Flagpole is not a blowhard. That said, I agree with him on many things. He certainly had a Trump hard on, like most liberals. Funny really since this Administration has to be one of the worst, and the ultra woke slant has torpedoed an already declining economic environment.

google.com

Artisan Mid Cap Fund Institutional Class (APHMX) Mutual Fund Price & News - Google Finance

Get the latest Artisan Mid Cap Fund Institutional Class (APHMX) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

Link:www.google.com/finance/quote/APHMX:MUT...

Your other funds must be great cos this one is getting a pounding by ol DJ.