Page 1 of 4

PP humming along again

Posted: Thu Mar 31, 2016 4:42 pm
by Pointedstick
I notice a distinct absence of threads bemoaning the PP's poor performance now that things are going well. ;) Everyone happy again?

Re: PP humming along again

Posted: Thu Mar 31, 2016 5:23 pm
by drumminj
Yes and no.

Yes because my current PP investments are doing well.  No because I have more money I'd like to move into the PP, but not thrilled about doing it at near-highs for the assets :/

(clearly I'll never be happy)

Re: PP humming along again

Posted: Thu Mar 31, 2016 5:30 pm
by l82start

Re: PP humming along again

Posted: Thu Mar 31, 2016 6:55 pm
by ochotona
Many Shuvs and Zuuls knew what it was to be roasted in the depths of the Slor that day, I can tell you!

Re: PP humming along again

Posted: Thu Mar 31, 2016 7:46 pm
by dualstow
Pointedstick wrote: Everyone happy again?
Could you throw in a toaster?

Re: PP humming along again

Posted: Thu Mar 31, 2016 7:53 pm
by curlew
Pointedstick wrote: I notice a distinct absence of threads bemoaning the PP's poor performance now that things are going well. ;) Everyone happy again?
No, because I only look in January. I'll get back to you then.

Re: PP humming along again

Posted: Thu Mar 31, 2016 9:02 pm
by Pointedstick
curlew wrote:
Pointedstick wrote: I notice a distinct absence of threads bemoaning the PP's poor performance now that things are going well. ;) Everyone happy again?
No, because I only look in January. I'll get back to you then.
Now that's willpower!

Re: PP humming along again

Posted: Thu Apr 07, 2016 3:45 pm
by buddtholomew
drumminj wrote: Yes and no.

Yes because my current PP investments are doing well.  No because I have more money I'd like to move into the PP, but not thrilled about doing it at near-highs for the assets :/

(clearly I'll never be happy)
I had the same reservations to adding additional capital with the portfolio doing so promising YTD.
Decided to follow Sophie's lead and invested equally across all assets.
If you ascribe to the PP philosophy, this is the correct way to proceed.

Re: PP humming along again

Posted: Thu Apr 07, 2016 10:22 pm
by sophie
Good for you, Budd.  If only I took my own advice!  I put in limit orders a few days ago for equal amounts of stocks, bonds and gold in a Roth account.  Guess which asset purchase went through, and which are still sitting there because the assets took off skyward and left my limit order in the dust.

Argh!!!

Next time I'll just put in market orders and call it a day.

Re: PP humming along again

Posted: Thu Apr 07, 2016 10:26 pm
by Matthew19
Isn August decided that I was going to put 100% of my money in the PP over the next year, so I split it into 4 purchases. Bought in mid august and again in January. I still have two more purchases to go. In hindsight I'd had been better buying all at once as is suggested by HB.
But I'm very happy! 6% gain on 50% of my net worth is way more than the amounts I was getting trying to play the market. More time to focus on business and life too. :)

Re: PP humming along again

Posted: Fri Apr 08, 2016 5:18 pm
by buddtholomew
Matthew19 wrote: Isn August decided that I was going to put 100% of my money in the PP over the next year, so I split it into 4 purchases. Bought in mid august and again in January. I still have two more purchases to go. In hindsight I'd had been better buying all at once as is suggested by HB.
But I'm very happy! 6% gain on 50% of my net worth is way more than the amounts I was getting trying to play the market. More time to focus on business and life too. :)
I don't think HB was suggesting you invest your entire nest egg at once (lump sum or dollar cost average).
What's more important is you purchase all 4 assets at once and not leg into the portfolio.
Its a classic example of "the whole is greater than the sum of its parts."
That's what was going through my mind at the time. Sophie provided the inspiration, now just has to act upon it next time!

Re: PP humming along again

Posted: Sat Apr 09, 2016 9:50 am
by Libertarian666
sophie wrote: Good for you, Budd.  If only I took my own advice!  I put in limit orders a few days ago for equal amounts of stocks, bonds and gold in a Roth account.  Guess which asset purchase went through, and which are still sitting there because the assets took off skyward and left my limit order in the dust.

Argh!!!

Next time I'll just put in market orders and call it a day.
I never put in market orders because I'm concerned about a flash crash (or the opposite), or just a really slow market where someone has a "stink bid" in far from the current price.

Instead, I put in a limit order slightly above the market price when buying and one slightly below the market price when selling. If things are normal, I get that price or better; otherwise I try again shortly afterwards.