Discussion of the Stock portion of the Permanent Portfolio
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Pointedstick
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by Pointedstick » Mon Mar 30, 2015 8:41 pm
ochotona wrote:
Twitter was alive last week around the fact that the S&P 500 has gone a very long stretch without being able to put together back-to-back gains. As of Friday, that streak is now 28 trading days. A streak that long is so rare, it’s only happened twice before since World War II—in May 1970 and April 1994.
Charles Schwab & Co. commentary today
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
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dualstow
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by dualstow » Tue Mar 31, 2015 8:20 am
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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by ochotona » Mon Apr 06, 2015 10:45 am
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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buddtholomew
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by buddtholomew » Mon Apr 06, 2015 1:00 pm
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.
"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.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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technovelist
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by technovelist » Tue Sep 01, 2015 12:00 pm
So are PP critics who are using the PP happy now? Would they prefer to be all in stocks?
Another nod to the most beautiful equation: eiπ + 1 = 0
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ochotona
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by ochotona » Tue Sep 01, 2015 2:16 pm
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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Jack Jones
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by Jack Jones » Tue Sep 01, 2015 2:21 pm
ochotona wrote:
This week would be a really good time to lighten up on stocks.
Why's that?
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dragoncar
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by dragoncar » Tue Sep 01, 2015 2:58 pm
technovelist 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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by dualstow » Tue Sep 01, 2015 3:05 pm
dragoncar wrote:
technovelist 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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MediumTex
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by MediumTex » Tue Sep 01, 2015 3:29 pm
dualstow wrote:
dragoncar wrote:
technovelist 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.
Only strength can cooperate. Weakness can only beg.
-Dwight Eisenhower
