Minimum time frame for holding PP

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buddtholomew
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Re: Minimum time frame for holding PP

Post by buddtholomew » Tue Apr 24, 2018 12:53 pm

How's everyone enjoying their false protection?
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Cortopassi
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Re: Minimum time frame for holding PP

Post by Cortopassi » Tue Apr 24, 2018 1:11 pm

Assuming that is sarcastic, not so much. But what can you do? Even minimally, gold and bonds are buffering the stock drop.

At some point, everyone will realize, oh, maybe the economy isn't doing as good as we thought, and bonds will benefit.

Gold is always the wildcard.
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buddtholomew
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Re: Minimum time frame for holding PP

Post by buddtholomew » Tue Apr 24, 2018 5:12 pm

Cortopassi wrote:Assuming that is sarcastic, not so much. But what can you do? Even minimally, gold and bonds are buffering the stock drop.

At some point, everyone will realize, oh, maybe the economy isn't doing as good as we thought, and bonds will benefit.

Gold is always the wildcard.
Yes definitely sarcastic, but aren’t you the least bit concerned? We’ve been holding our breath for almost a decade now...
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jhogue
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Re: Minimum time frame for holding PP

Post by jhogue » Tue Apr 24, 2018 6:09 pm

I am not concerned.

I am not holding my breath for ten years.

As a store of wealth, gold is supposed to just sit there most of the time-- even for decades.
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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Cortopassi
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Re: Minimum time frame for holding PP

Post by Cortopassi » Tue Apr 24, 2018 6:18 pm

buddtholomew wrote:
Cortopassi wrote:Assuming that is sarcastic, not so much. But what can you do? Even minimally, gold and bonds are buffering the stock drop.

At some point, everyone will realize, oh, maybe the economy isn't doing as good as we thought, and bonds will benefit.

Gold is always the wildcard.
Yes definitely sarcastic, but aren’t you the least bit concerned? We’ve been holding our breath for almost a decade now...
Sure, I would love to get 12-15% returns per year. Tell me how, please. All I can do is continue to max out my 401k/IRAs, not spend a lot, and retire in ~10 years with reasonable security.

The only other way I might have been able to better accomplish that was maybe to buy 6 flats 10/20/25 years ago as my investing, vs. being in the market/PP. Probably would have made things better, with a nice steady income as well. But even that has headaches, maintenance, etc.
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buddtholomew
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Re: Minimum time frame for holding PP

Post by buddtholomew » Tue Apr 24, 2018 6:38 pm

jhogue wrote:I am not concerned.

I am not holding my breath for ten years.

As a store of wealth, gold is supposed to just sit there most of the time-- even for decades.
Not speaking specifically about gold.
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Re: Minimum time frame for holding PP

Post by eufo » Tue Apr 24, 2018 6:46 pm

buddtholomew wrote:How's everyone enjoying their false protection?
Gold and Cash were both winners today. How is that false protection? Honestly, Budd, I don't know whether to pity you or laugh at you. You're about as miserable as it gets.
Don't agree with me too strongly or I'm going to change my mind
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buddtholomew
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Re: Minimum time frame for holding PP

Post by buddtholomew » Tue Apr 24, 2018 7:05 pm

eufo wrote:
buddtholomew wrote:How's everyone enjoying their false protection?
Gold and Cash were both winners today. How is that false protection? Honestly, Budd, I don't know whether to pity you or laugh at you. You're about as miserable as it gets.
That sums it up succinctly, nice job!
I don’t have $6.00 USD in 3 ETF’s so I don’t expect you to understand.
When I posted earlier in the day all assets were down except gold which was +.31%. UUP was -.17% so I guess cash was positive too.
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Re: Minimum time frame for holding PP

Post by iwealth » Wed Apr 25, 2018 9:20 am

buddtholomew wrote:
eufo wrote:
buddtholomew wrote:How's everyone enjoying their false protection?
Gold and Cash were both winners today. How is that false protection? Honestly, Budd, I don't know whether to pity you or laugh at you. You're about as miserable as it gets.
That sums it up succinctly, nice job!
I don’t have $6.00 USD in 3 ETF’s so I don’t expect you to understand.
When I posted earlier in the day all assets were down except gold which was +.31%. UUP was -.17% so I guess cash was positive too.
It really bugs you that others don't share your PP depression. Misery loves company, I guess, but passive aggressive swipes at someone's wealth is below board.
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Re: Minimum time frame for holding PP

Post by Cortopassi » Wed Apr 25, 2018 9:40 am

iwealth wrote:
buddtholomew wrote:
eufo wrote: Gold and Cash were both winners today. How is that false protection? Honestly, Budd, I don't know whether to pity you or laugh at you. You're about as miserable as it gets.
That sums it up succinctly, nice job!
I don’t have $6.00 USD in 3 ETF’s so I don’t expect you to understand.
When I posted earlier in the day all assets were down except gold which was +.31%. UUP was -.17% so I guess cash was positive too.
It really bugs you that others don't share your PP depression. Misery loves company, I guess, but passive aggressive swipes at someone's wealth is below board.
That's what I hate about comment boards. People think they are anonymous and say things that, God, I hope they would never ever say, or even really think (ZeroHedge is the worst ever). I don't think Budd is that way, I am sure he is a perfectly fine guy, but message boards, comment boards, Twitter, etc. seem to bring out the worst in a lot of people, or at least the immediate emotional, not considered reply.

That's why I don't post much, and when I do, I think about it and reread my comments multiple times before hitting submit. Even so, something I think is innocuous can still really piss someone off.
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buddtholomew
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Re: Minimum time frame for holding PP

Post by buddtholomew » Wed Apr 25, 2018 9:49 am

I always give the benefit of the doubt, but I’m no patsy and shoot first before asking questions for clarification. Eufo has made snarky comments toward me in the past and I am only playing along. Sorry if that bothers you.
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Kriegsspiel
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Re: Minimum time frame for holding PP

Post by Kriegsspiel » Wed Apr 25, 2018 9:55 am

SPOILER ALERT I DON'T THINK BUDD IS REALLY SORRY
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