Worst investing year ever...

[jacksonM]

A thread with this name was started over on Bogleheads. I immediately thought of Bud.

Tries to explain why all asset classes are down.....

https://www.bogleheads.org/forum/viewto ... 0&t=264840

[Kriegsspiel]

Ignore the noise.

The only asset class that matters is dinosaurs.

[buddtholomew]

At least they don’t own Gold...much smarter.
I wonder whether Gold or LTT’s will win the worst performing PP investment of the year..
Yay PP

[finster869]

At least they don’t own Gold...much smarter.
I wonder whether Gold or LTT’s will win the worst performing PP investment of the year..
Yay PP

This post didn't age well......just goes to show you why you can't time the market.

[buddtholomew]

At least they don’t own Gold...much smarter.
I wonder whether Gold or LTT’s will win the worst performing PP investment of the year..
Yay PP

This post didn't age well......just goes to show you why you can't time the market.

You can’t but the PP still sucks ass...what a piece of junk...if you’re looking at my post history why not find the post that says the PP will not work when push comes to shove. Your precious Gold and LTT’s are still down YTD and up a shitty 1% and .45 respectively today with DOW down 600. Remember stocks are up 300% since 2008/9. PP will never make up the difference, EVER.

This is my last post, please don’t refer to me anymore.

[Kbg]

LOL, Budd is back. Fact time...

SPY down 8.89% this year and down 17.12 since October first...

Meanwhile PP down 3.65 for the year and 1.65 since 10/1

And just to make the point crystal clear...since 10/1 GLD up 5.54 and TLT up 4.13%

After today, the stats get even better for the PP.

Oh my gosh...the PP is working as advertised. If the stock bear market continues my guess is board activity will pick up with new folks finding their way here.

Of note...I did a rebalance and bought more TQQQ in my VP PP.

Now, lest no one be surprised...whenever stocks resume a bull market, the PP is going to under perform.

And Budd, this tip just for you. When you think the bear bottom is in, rotate out of gold. Not advised until then.

[buddtholomew]

LOL, Budd is back. Fact time...

SPY down 8.89% this year and down 17.12 since October first...

Meanwhile PP down 3.65 for the year and 1.65 since 10/1

And just to make the point crystal clear...since 10/1 GLD up 5.54 and TLT up 4.13%

After today, the stats get even better for the PP.

Oh my gosh...the PP is working as advertised. If the stock bear market continues my guess is board activity will pick up with new folks finding their way here.

Of note...I did a rebalance and bought more TQQQ in my VP PP.

Now, lest no one be surprised...whenever stocks resume a bull market, the PP is going to under perform.

And Budd, this tip just for you. When you think the bear bottom is in, rotate out of gold. Not advised until then.

LOL...some people will never learn..poor bastard.

[jacksonM]

LOL, Budd is back. Fact time...

SPY down 8.89% this year and down 17.12 since October first...

Meanwhile PP down 3.65 for the year and 1.65 since 10/1

And just to make the point crystal clear...since 10/1 GLD up 5.54 and TLT up 4.13%

After today, the stats get even better for the PP.

Oh my gosh...the PP is working as advertised. If the stock bear market continues my guess is board activity will pick up with new folks finding their way here.

Of note...I did a rebalance and bought more TQQQ in my VP PP.

Now, lest no one be surprised...whenever stocks resume a bull market, the PP is going to under perform.

And Budd, this tip just for you. When you think the bear bottom is in, rotate out of gold. Not advised until then.

LOL...some people will never learn..poor bastard.

Merry Chistmas Budd,

May you enjoy visions of sugar plums dancing in your head tonight.

[buddtholomew]

I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.

I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.

Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.

5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.

Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.

[Kbg]

Today's update...SPY now -19.39, GLD 6.7, TLT 4.65 since 10/1.

For the year SPY down 11.22, PP down 3.85.

However, I will jump to Budd's defense on one thing. The PP has been slaughtered by the SPY since 2009. However, going back to 2017 it's getting pretty close to a tie now with the PP having 1/4th the DD and of course 2018 is a win for the PP as well. And to Budd is right on how badly gold has been stinking it up for several years now.

[jacksonM]

I think we all adopted the PP because it seemed like the rational thing to do at the time.

Yes, gold may not live up to expectations and may become completely worthless, but how were we to know that?

If we are like Mountaineer we can say not to worry because God is in control but the rest of us can say the same thing believing nobody is in control, including us. We just do the best we can.

So let's all celebrate the "Worst investing year ever" and have a good time on Christmas Eve. I'm getting ready to go to a party and do the same thing myself. The last time I was this drunk on Christmas Eve I made a complete fool of myself.

Peace on earth. Good will towards men.

[modeljc]

I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.

I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.

Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.

5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.

Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.

Glad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.

[buddtholomew]

I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.

I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.

Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.

5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.

Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.

Glad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.

Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.

[modeljc]

I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.

I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.

Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.

5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.

Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.

Glad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.

Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.

Merry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.

[buddtholomew]

Glad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.

Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.

Merry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.

Thanks for the recommendation and I agree.
Will continue to hold a 70/30 equity/bond allocation in retirement accounts.

I am not overly concerned with the high allocation to cash (35%) as it is balanced with 15% in LTT’s for a 5.6 year blended duration (similar to total bond market index).

The question is whether I have the fortitude to rebalance into stocks if they fall further from here to ultimately reach the 35% target allocation (currently 30%). Performance in Gold and/or LTT’s will play a factor in the decision.

[Smith1776]

Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.

Merry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.

Thanks for the recommendation and I agree.
Will continue to hold a 70/30 equity/bond allocation in retirement accounts.

I am not overly concerned with the high allocation to cash (35%) as it is balanced with 15% in LTT’s for a 5.6 year blended duration (similar to total bond market index).

The question is whether I have the fortitude to rebalance into stocks if they fall further from here to ultimately reach the 35% target allocation (currently 30%). Performance in Gold and/or LTT’s will play a factor in the decision.

I'm really hoping you stick around the forums, budd!

[modeljc]

Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.

Merry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.

Thanks for the recommendation and I agree.
Will continue to hold a 70/30 equity/bond allocation in retirement accounts.

I am not overly concerned with the high allocation to cash (35%) as it is balanced with 15% in LTT’s for a 5.6 year blended duration (similar to total bond market index).

The question is whether I have the fortitude to rebalance into stocks if they fall further from here to ultimately reach the 35% target allocation (currently 30%). Performance in Gold and/or LTT’s will play a factor in the decision.

I love the 5.6 year Bond duration as I believe that rates and inflation will work higher over the next 10 years. It not that hard to believe 4 or 5% inflation at some point in time. It just a guess but I could sleep very well with that duration.

[buddtholomew]

Stocks down, Gold and LTT’s up at end of pre-market.

Will the day end this way or should we expect to see a reversal with stocks ending up, Gold and LTT’s flat to down? The question to ask yourself...”is this pattern actionable.”

After yesterday’s barn burner, stocks are now about where I feel comfortable 30/17.5/17.5/35. Retirement accounts still 70/30. Done for 2018.

[dualstow]

A belated Merry Xmas and happy new year to you, Budd.

[buddtholomew]

A belated Merry Xmas and happy new year to you, Budd.

Thanks DS, Merry Christmas to all!

[Xan]

A belated Merry Xmas and happy new year to you, Budd.

It's not belated; Christmas is twelve days long, starting Christmas Day. There's a song about it and everything.

[Kbg]

Stocks are now about where I feel comfortable 30/17.5/17.5/35. Retirement accounts still 70/30. Done for 2018.

Perfectly sensible allocation but I did notice you mentioned 35/15/15/35 earlier which is also very sensible. Spend some time on portfolio visualizer to see how they differ in performance (I doubt much really) and go with what you feel best with...and then

https://www.youtube.com/watch?v=d-diB65scQU

While I've been picking on you a bit as of late, nothing personal, just felt you needed to make a decision. Have prosperous new year!

[buddtholomew]

Stocks are now about where I feel comfortable 30/17.5/17.5/35. Retirement accounts still 70/30. Done for 2018.

Perfectly sensible allocation but I did notice you mentioned 35/15/15/35 earlier which is also very sensible. Spend some time on portfolio visualizer to see how they differ in performance (I doubt much really) and go with what you feel best with...and then

https://www.youtube.com/watch?v=d-diB65scQU

While I've been picking on you a bit as of late, nothing personal, just felt you needed to make a decision. Have prosperous new year!

Correct; was on my way to 35/15/15/35 but will stay at 30/17.5/17.5/35 for now. With tighter Gold/LTT’s rebalance bands, my hope is to rebalance out of these assets and move closer towards the 35% stock target. No offense taken Kbg and thanks for the kick in the tochas.

[dualstow]

A belated Merry Xmas and happy new year to you, Budd.

It's not belated; Christmas is twelve days long, starting Christmas Day. There's a song about it and everything.

Fair enough. So are you celebrating the other eleven days, beside the partridge and turtledoves and whatnot?

[Xan]

A belated Merry Xmas and happy new year to you, Budd.

It's not belated; Christmas is twelve days long, starting Christmas Day. There's a song about it and everything.

Fair enough. So are you celebrating the other eleven days, beside the partridge and turtledoves and whatnot?

Well, the tree is up, the house is decorated, the outside lights are up until the Epiphany. And on Sunday we'll be singing all the Christmas songs at church.