Stock scream room

Discussion of the Stock portion of the Permanent Portfolio

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dualstow
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Re: Stock scream room

Post by dualstow »

Wow is that a hillbilly toothpick, i.e. a raccoon's baculum (penile bone) I see on the right? I didn't know those were used for fortune telling!

(Edited for grammar only. Don't --> didn't)
Last edited by dualstow on Mon Apr 06, 2015 12:21 pm, edited 1 time in total.
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ochotona
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Re: Stock scream room

Post by ochotona »

Gary Savage at http://blog.smartmoneytrackerpremium.com thinks the S&P500 could go down 30% by 2016. That's a cheery thought.  ::) The red dotted lines he draws actually look kind of realistic and plausible when you consider market history since 1999 to the present.

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Re: Stock scream room

Post by buddtholomew »

ochotona wrote: Gary Savage at http://blog.smartmoneytrackerpremium.com thinks the S&P500 could go down 30% by 2016. That's a cheery thought.  ::) The red dotted lines he draws actually look kind of realistic and plausible when you consider market history since 1999 to the present.

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"Anything can happen and nothing has to happen." Predicting the future is a fools errand. The markets were closed and the employment figures were disastrous. Even with this information in-hand who could have foreseen treasuries falling today?
Let's leave forecasting to the geologists. There's no room for forecasting in investing.
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Libertarian666
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Re: Stock scream room

Post by Libertarian666 »

So are PP critics who are using the PP happy now? Would they prefer to be all in stocks?
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ochotona
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Re: Stock scream room

Post by ochotona »

This week would be a really good time to lighten up on stocks.

I am currently 30% stocks, 69.5% various kinds of bonds more than 1/2 US Treasuries, 0.5% gold. Ready for the fireworks.
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Re: Stock scream room

Post by Jack Jones »

ochotona wrote: This week would be a really good time to lighten up on stocks.
Why's that?
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ochotona
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Re: Stock scream room

Post by ochotona »

Jack Jones wrote:
ochotona wrote: This week would be a really good time to lighten up on stocks.
Why's that?
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Re: Stock scream room

Post by Jack Jones »

ochotona wrote:
Jack Jones wrote:
ochotona wrote: This week would be a really good time to lighten up on stocks.
Why's that?
Lance Roberts: The mark of a bear
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dragoncar
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Re: Stock scream room

Post by dragoncar »

Libertarian666 wrote: So are PP critics who are using the PP happy now? Would they prefer to be all in stocks?
Yea I would prefer to have been in stocks the past three years up to and including today
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dualstow
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Re: Stock scream room

Post by dualstow »

dragoncar wrote:
Libertarian666 wrote: So are PP critics who are using the PP happy now? Would they prefer to be all in stocks?
Yea I would prefer to have been in stocks the past three years up to and including today
Hey, if we're going back in time, I would prefer to have been in Tesla.
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Re: Stock scream room

Post by MediumTex »

dualstow wrote:
dragoncar wrote:
Libertarian666 wrote: So are PP critics who are using the PP happy now? Would they prefer to be all in stocks?
Yea I would prefer to have been in stocks the past three years up to and including today
Hey, if we're going back in time, I would prefer to have been in Tesla.
I would have just loaded up on Apple in 2008.

...and maybe some Ford at the depths of the crisis.
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Libertarian666
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Re: Stock scream room

Post by Libertarian666 »

ochotona wrote: This week would be a really good time to lighten up on stocks.

I am currently 30% stocks, 69.5% various kinds of bonds more than 1/2 US Treasuries, 0.5% gold. Ready for the fireworks.
Wow, you really are ready for everything! But why such a high gold allocation? Are you some kind of doomer?  :P
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Re: Stock scream room

Post by dragoncar »

MediumTex wrote:
dualstow wrote:
dragoncar wrote: Yea I would prefer to have been in stocks the past three years up to and including today
Hey, if we're going back in time, I would prefer to have been in Tesla.
I would have just loaded up on Apple in 2008.

...and maybe some Ford at the depths of the crisis.
Lol you guys are really funny but only one of the above scenarios is actually a highly regarded investment strategy.  In fact I was in a BH portfolio and switched to PP so it's not a wild fantasy
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Re: Stock scream room

Post by iwealth »

dragoncar wrote:
Lol you guys are really funny but only one of the above scenarios is actually a highly regarded investment strategy.  In fact I was in a BH portfolio and switched to PP so it's not a wild fantasy
Growth investing isn't a highly regarded imvestment strategy?

According to the experts at CNBC, everyone should be stock picking. I say that mostly tongue-in-cheek, but who decides what is highly regarded and what isn't?
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dualstow
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Re: Stock scream room

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dragoncar wrote: In fact I was in a BH portfolio and switched to PP so it's not a wild fantasy
Me too, but the fantasy part is the specific timing you gave:
Yea I would prefer to have been in stocks the past three years up to and including today
As has been pointed out in another thread this morning or yesterday, stocks took a big plunge before they started coming up. Of course it's hard to compete with a specific range.
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Re: Stock scream room

Post by Fred »

iwealth wrote: According to the experts at CNBC, everyone should be stock picking. I say that mostly tongue-in-cheek, but who decides what is highly regarded and what isn't?
I see articles on the Fidelity home page like "Is now a good time to invest in ABC" or "should you have these 3 stocks in your portfolio right now" and I have to wonder who the hell they are talking to. Are there really a substantial number of investors out there that do their own stock picking? Personally, I don't know any but maybe I travel in the wrong circles.
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Re: Stock scream room

Post by dragoncar »

dualstow wrote:
dragoncar wrote: In fact I was in a BH portfolio and switched to PP so it's not a wild fantasy
Me too, but the fantasy part is the specific timing you gave:
Yea I would prefer to have been in stocks the past three years up to and including today
As has been pointed out in another thread this morning or yesterday, stocks took a big plunge before they started coming up. Of course it's hard to compete with a specific range.
If I hadn't switched, I'd be in a BH portfolio for the last three years.  So the specific timing is not fantasy.  I could very well have decided to keep my present allocation, and was pretty much on the fence.
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dualstow
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Re: Stock scream room

Post by dualstow »

Not to beat this thing to death, but you wrote
Yea I would prefer to have been in stocks the past three years up to and including today
Now if you had said, "I wish I'd never abandoned Bogleheads",
that's different.
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ochotona
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Re: Stock scream room

Post by ochotona »

BTW, I am out of stocks now.
dragoncar
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Re: Stock scream room

Post by dragoncar »

dualstow wrote: Not to beat this thing to death, but you wrote
Yea I would prefer to have been in stocks the past three years up to and including today
Now if you had said, "I wish I'd never abandoned Bogleheads",
that's different.
Both statements are factually correct.
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Re: Stock scream room

Post by barrett »

Well, at least the dividend yield on this crappy asset is up lately.
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ochotona
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Re: Stock scream room

Post by ochotona »

US stocks to the far right... they have been racing ahead for so many years, and non-US have been sucking for a long time. Maybe time for a reversal?

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Re: Stock scream room

Post by MachineGhost »

Its all in the timing.
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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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dualstow
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Re: Stock scream room

Post by dualstow »

ochotona wrote: BTW, I am out of stocks now.
Yikes.
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Re: Stock scream room

Post by mathjak107 »

good timing
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