OT next stop 50,000!
- Thread starter s1uggo72
- Start date
Recall a thread on the old board that was a countdown to 24,000. Wild.
I thought it was but I could be wrong. I'm old and it was a long time ago.
The first time it closed above 1,000 was on November 14, 1972.
Dow Jones - 100 Year Historical Chart
Interactive chart of the Dow Jones Industrial Average (DJIA) stock market index for the last 100 years. Historical data is inflation-adjusted using the headline CPI and each data point represents the month-end closing value. The current month is updated on an hourly basis with today's latest value.
www.macrotrends.net
Also, during the GFC the S&P 500 dropped to an intraday low of 666.79 (March 6, 2009) and a closing low of 676.53 (March 9, 2009). It closed at 6,932.30 yesterday.
S&P 500 - 100 Year Historical Chart
Interactive chart of the S&P 500 stock market index since 1927. Historical data is inflation-adjusted using the headline CPI and each data point represents the month-end closing value. The current month is updated on an hourly basis with today's latest value.
www.macrotrends.net
We’ll all have more cash money to send to Dear Old State. 
As the board's Pharma Bro that's easy for you to say, Bob.We’ll all have more cash money to send to Dear Old State.
I laugh at cash money problems.
We just need Sally Struthers to make a commercial: “Did you know that for just the price of one scone & latte per day, you could feed a starving Nittany Lion athlete with the live-giving NIL they so desperately need?”
Our war chest would quickly be chock full
Analysis has shown it's double where it should be. I don't give a damn who's in office.
Ok so how many puts you buy
We’ll all have more cash money to send to Dear OldState.Barry.
Fixed it for you.
It’s way over double. A normal buffet indicator (stock market divided by GDP) should be around 70. It’s currently at 230, which puts stock valuations at more than three times what it should be. Taken altogether, the stock valuation models are showing this is likely the most overvalued stock market, even surpassing 1929 before the crash that led into the Great Depression.
That overvaluation has to deflate somehow. It’s either going to be a 1929 or 2008 stock meltdown or it’s going to be the dollar being debased faster than the stock market can keep up (i.e. hyper stagflation).
So how many puts do you own
Ahhh....no thanks.We’ll all have more cash money to send to Dear Old State.
SMH only poor people give cash, the rest give highly appreciated stock!! More bang for your buck!!We’ll all have more cash money to send to Dear Old State.
Why are puts the only thing you think of? I’ve been 100% out of stocks for a year, holding gold and a short term bond fund (SCHO). The bond fund is strong in the the deflationary scenario while gold will go down with everything else, just not as much as stocks. Gold is strong in the debasement scenario, while at least the bond fund pays a monthly dividend that about as high as it has been in about 25 years. When gold has gone up too aggressively, I’ve sold it off and increased the bond position. When gold has traded sideways or had a small correction, I’ve sold the bond fund to increase the gold position. By doing this, I’ve beat all three stock indexes by about double (almost triple the Dow Ind) for the past year.
Why ? Cause he said the Dow was over valued. So by putting his money where is mouth is, he’d make money
Walk us through those sales, buys and overall numbers.
The cars I’d have if not for 1 n 2…..sigh
This would be in my driveway...The cars I’d have if not for 1 n 2…..sigh
https://www.supercars.net/blog/wp-content/uploads/2016/01/1072719-1536.jpg
I have a “thing” for those European sports cars especially the British ones circa 1964-1969.
Who in their right mind would post their personal financial transactions on a f*cking football message board.
Check the math (1 year including price appreciation + dividend):
My Strategy
GOLD = 73.68%
SCHO = 4.92%
Average = 39.3%
Stock Indexes
DIA (Dow) = 13.41%
SPY (S&P) = 16.01%
QQQ (Nasdaq) = 17.04%
So far, the debasement side of the trade is winning. Investing in stocks right now is like a frog being boiled alive-just sitting there content, unaware it's dying. Like someone who sees their stocks going up 13-17% in a year, feeling good and completely unaware it's not stocks going up, it's the dollar losing value.
Now, I can honestly say I don't know where the economy and markets go from here, but that's the purpose of my strategy. If it switches from debasement to deflationary recession, then SCHO takes over and will outperform.
Stocks aren't the only thing to invest in or against. Longs and puts...or shorts...are not the only way. And I'm certainly not going to be investing this way forever, but I will until the stock market valuations moderate.
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I pay CFPs to handle our finances. I’ve always been intrigued by investing and would love to learn more, but I can’t invest the time with 4 kids and full time work. I always enjoy these threads just from a learning aspect.
Carry on
Carry on
You would have too much money . Get all coked up and run your Lambo into your GF after she pi$$ed you off . I hear it happens . ( Falcons #1 pick with known anger management issues rams WNBA GF)The cars I’d have if not for 1 n 2…..sigh
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Who in their right mind would post their personal financial transactions on a f*cking football message board.
Check the math (1 year including price appreciation + dividend):
My Strategy
GOLD = 73.68%
SCHO = 4.92%
Average = 39.3%
Stock Indexes
DIA (Dow) = 13.41%
SPY (S&P) = 16.01%
QQQ (Nasdaq) = 17.04%
So far, the debasement side of the trade is winning. Investing in stocks right now is like a frog being boiled alive-just sitting there content, unaware it's dying. Like someone who sees their stocks going up 13-17% in a year, feeling good and completely unaware it's not stocks going up, it's the dollar losing value.
Now, I can honestly say I don't know where the economy and markets go from here, but that's the purpose of my strategy. If it switches from debasement to deflationary recession, then SCHO takes over and will outperform.
Stocks aren't the only thing to invest in or against. Longs and puts...or shorts...are not the only way. And I'm certainly not going to be investing this way forever, but I will until the stock market valuations moderate.
Who in their right mind would brag about their personal portfolio's performance on a f*cking football message board? Regardless, no one asked for the details of each personal transaction ... just when you bought and sold each component. You indicated you were timing the market to optimize results, and I just asked to see that, and how that reflected itself in optimized performance. Pretty straightforward.
Your recitation above seems to indicate a buy and hold equal weighting of both investments would return your stated returns, so how did you time your buys and sells to mimic this (trick question, but, anyway ...)
The Dow (and all stocks) are over valued because of...inflation. Inflation doesn't just affect houses, cars, groceries, etc. It affects the stock market as well.
The thing is, where else are you going to put your money? Most working people have 401Ks that some companies contribute to - hard to lose. So, people still keep shoving money into the stock market, and the stocks appreciate - even as they're over valued.
Government is killing capitalism by spending too much and forcing we the taxpayers to pick up the tab - via taxes and deficits/monetizing the debt.