
PP humming along again
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- Pointedstick
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PP humming along again
I notice a distinct absence of threads bemoaning the PP's poor performance now that things are going well.
Everyone happy again?

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Re: PP humming along again
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)
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
humming along
https://www.youtube.com/watch?v=IGEgY1c9d9M
https://www.youtube.com/watch?v=IGEgY1c9d9M
Last edited by l82start on Sat Apr 09, 2016 9:51 am, edited 1 time in total.
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Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
Re: PP humming along again
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
Could you throw in a toaster?Pointedstick wrote: Everyone happy again?
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pariah — 1610s member of a low caste in S. India; Tamil (Dravidian) “drummer”, as members of the lowest caste played drums at festivals. “social outcast,” 1819.
Re: PP humming along again
No, because I only look in January. I'll get back to you then.Pointedstick wrote: I notice a distinct absence of threads bemoaning the PP's poor performance now that things are going well.Everyone happy again?
- Pointedstick
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Re: PP humming along again
Now that's willpower!curlew wrote:No, because I only look in January. I'll get back to you then.Pointedstick wrote: I notice a distinct absence of threads bemoaning the PP's poor performance now that things are going well.Everyone happy again?
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
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- buddtholomew
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Re: PP humming along again
I had the same reservations to adding additional capital with the portfolio doing so promising YTD.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)
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.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
Re: PP humming along again
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.
Argh!!!
Next time I'll just put in market orders and call it a day.
"Democracy is two wolves and a lamb voting on what to have for lunch." -- Benjamin Franklin
Re: PP humming along again
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.
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.

- buddtholomew
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Re: PP humming along again
I don't think HB was suggesting you invest your entire nest egg at once (lump sum or dollar cost average).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.![]()
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!
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Re: PP humming along again
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.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.
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.