I don't think anyone says you can't, just that you shouldn't.rocketdog wrote:
Who says you can't catch a falling knife?
Not that I'm against being a contrarian, of course.
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I don't think anyone says you can't, just that you shouldn't.rocketdog wrote:
Who says you can't catch a falling knife?
I will be fine that's what asset allocations about. If spy goes down and Tlt will go up.ochotona wrote:So how will you feel in October 2016 if the shares you buy next week "on the dips" based on gut feel are worth half of what you paid for them?var wrote: +1
Yup buy on nice pull backs that said. A few more down days I'll start buying.
That's why don't even watch CNBC they'll talk PE. China down. Etc. then at some point
You'll be. In panic.
Also correct me if I am wrong. Boggle heads don't use TLT. they rather use diversified bond fund.
I think TLT is a key pp criteria.
My guess is, you'll be selling them to me at that time.
What is less well known about the story of the tortoise and the hare is that the hare was one of the worst trash talkers in the whole forest racing league and played mind games with his opponents relentlessly.Professor Disorientation wrote: In Aesop's fable of the Tortoise and the Hare, the tortoise wins the race. Sure the hare is confident, faster and flashy. But the Tortoise is disciplined, focused and unfazed by the hare. I liken the PP to the Tortoise.
I can't remember. That link is just to photobucket, but if I can find where I posted it a couple of months ago on this forum, it's probably the link to the original, which I will edit in below. First saw it on reddit.Pointedstick wrote: Hehe, where is that from?
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finance app heisenberg other income
of course. i checked it out in bogglehead simba spreadsheet. nothing perfect, but its close enough for me...Desert wrote:That's not always the case, though it's been pretty consistent in the past few decades of declining interest rates. Before that period, the correlations weren't negative, they were closer to zero.var wrote: I will be fine that's what asset allocations about. If spy goes down and Tlt will go up.
This is a common speculating mistake that Harry discusses in "Why the Best-Laid Plans...".rocketdog wrote: I never sell an investment at a loss. I have the patience of a saint and can wait years for my bets to pay off.
I actually use a newsletter to moderate.l82start wrote: the moderation staff likes to stay with a traditional post content allocation, and allow the topic to drift within the 15% bands before resorting to re-balancing or ....God forbid... slice and dice thread splitting
Yep.Pointedstick wrote: Welcome to the forum, Mr (Mrs?) blood! I love your user name. Great perspective.
Thank you for reminding me of this. I found it in the hardcover. In case anyone wants to read along with the class:Jack Jones wrote:This is a common speculating mistake that Harry discusses in "Why the Best-Laid Plans...".rocketdog wrote: I never sell an investment at a loss. I have the patience of a saint and can wait years for my bets to pay off.
mathjak started out strong too!MediumTex wrote:Yep.Pointedstick wrote: Welcome to the forum, Mr (Mrs?) blood! I love your user name. Great perspective.
Good stuff from CacklingBloodSlurper.
Strong first post from the latest member of the PP coven.
But he never claimed to drink blood, so that's a big difference right there.Reub wrote:mathjak started out strong too!MediumTex wrote:Yep.Pointedstick wrote: Welcome to the forum, Mr (Mrs?) blood! I love your user name. Great perspective.
Good stuff from CacklingBloodSlurper.
Strong first post from the latest member of the PP coven.
I think we should give gold plenty of time. Like the Rio Grande carving the Grand Canyon time. But, one day, hopefully in our lifetimes or the lifetimes of our immediate heirs, the value will multiply. That is gold's superpower.Cortopassi wrote: Small itty bitty concern that gold has yet to really push higher -- sure it is up $17 right now, but we were here just a week or so ago and went back down. And still only barely over $1100, jeez. But I'll take it.
But we can watch. Like the people in southern FL watch the weather channel in January.sophie wrote: Definitely a problem with the PP's design...it just doesn't have the entertainment value of watching the stock market.
Too funny. We Winter in Southern Florida and my wife asked me right before I read your post why I was so absorbed watching news about the big Winter Storm expected in the Northeast this weekend and the stock market melt down if neither was impacting us Thank you PP.dualstow wrote:But we can watch. Like the people in southern FL watch the weather channel in January.sophie wrote: Definitely a problem with the PP's design...it just doesn't have the entertainment value of watching the stock market.
My guess is that most of us are "stock lighter" than we were three weeks ago. I think it's more correct to say that it's been good to be stock light YTD. Seriously, unless we know what is coming, how can we know what that it's a good time to be stock light? Not trying to pick a fight, ocho. You probably wrote that as a throw-away just to get the conversation started for the day. Though I'll admit it does feel like the equity pain could go on for a while.ochotona wrote: It really pays to be stock light at this time.