Gyroscopic Investing

The problem is last time the dollar was weak from inflation .

Today the dollar is very strong .gold is the dollars competitor

Like I say , history rarely repeats the same way twice … only historians repeat themselves .

Each time things are just different enough , that whatever you thought from back testing just won’t work next time.

Far to many ways today to bet against the dollar , or any asset class unlike the 1970s

Smith1776 wrote: ↑Thu Sep 01, 2022 10:11 am

buddtholomew wrote: ↑Thu Sep 01, 2022 9:19 am honestly…down the toilet you go
TLT -2.2%, GLD -1.1%
cinco de mayo, bye bye yo…

lmao ok

You have a bear market in 2/3 assets.
Not sure what’s so funny.
A down day of 1% can cost me around 100K+.
It pays not to have taken the LTT losses.

buddtholomew wrote: ↑Thu Sep 01, 2022 2:42 pm

Smith1776 wrote: ↑Thu Sep 01, 2022 10:11 am

buddtholomew wrote: ↑Thu Sep 01, 2022 9:19 am honestly…down the toilet you go
TLT -2.2%, GLD -1.1%
cinco de mayo, bye bye yo…

lmao ok

You have a bear market in 2/3 assets.
Not sure what’s so funny.
A down day of 1% can cost me around 100K+.
It pays not to have taken the LTT losses.

It is funny. And it's extra funny that you're stressing about those losses if 1% truly constitutes a 100K loss for you. That would imply that you have a net worth of at least $10,000,000 -- unless you're employing leverage. Your marginal utility for additional dollars must be close to nil.

Smith1776 wrote: ↑Thu Sep 01, 2022 3:45 pm

buddtholomew wrote: ↑Thu Sep 01, 2022 2:42 pm

Smith1776 wrote: ↑Thu Sep 01, 2022 10:11 am

buddtholomew wrote: ↑Thu Sep 01, 2022 9:19 am honestly…down the toilet you go
TLT -2.2%, GLD -1.1%
cinco de mayo, bye bye yo…

lmao ok

You have a bear market in 2/3 assets.
Not sure what’s so funny.
A down day of 1% can cost me around 100K+.
It pays not to have taken the LTT losses.

It is funny. And it's extra funny that you're stressing about those losses if 1% truly constitutes a 100K loss for you. That would imply that you have a net worth of at least $10,000,000 -- unless you're employing leverage. Your marginal utility for additional dollars must be close to nil.

These 2 clowns are trolls. When the only thing people enjoy having you around for is weightlifting and drumming expertise, on an investing forum, you are obviously non-value-add.

You are a DICK you moron …no one said a word to you.

YOU SHOULD Change your name to DICKINGA.

You just love starting personal attacks dont you

lol

Ok, everybody, let's calm down.