Cycle61
What the shit is this...
Bitcoin thread is down the hall.
-
There has been a recent cluster of spammers accessing BARFer accounts and posting spam. To safeguard your account, please consider changing your password. It would be even better to take the additional step of enabling 2 Factor Authentication (2FA) on your BARF account. Read more here.
Stock Thread 2018
- Thread starter Dubbington
- Start date
Bitcoin thread is down the hall.
Blankpage
alien
Throwing out the troll accusation. Right on time when you sense people ain't buying the BS your selling.
One stock up 600%, is that what you're going to hang your case on? One fuckin stock
. Look at the overall performance of his funds over that timeframe, they sucked balls.
The stock market has kicked the shit out of gold. Nobody knows shit about what happens from here one out but up to now you and your idol have been dead wrong about the best place to have placed your bet. And you keep BS'ing on here about how right you are and have been. Can't even admit you've been wrong when the numbers are right in your face. #Sad
;
Last edited:
redruM
Peripheral Visionary
- Joined
- May 31, 2011
- Moto(s)
- Turismo Veloce 800 / Dorsoduro 1200
Throwing out the troll accusation. Right on time when you sense people ain't buying the BS your selling.
One stock up 600%, is that what you're going to hang your case on? One fuckin stock
Look at the overall performance of his funds over that timeframe, they sucked balls.
The stock market has kicked the shit out of gold. Nobody knows shit about what happens from here one out but up to now you and your idol have been dead wrong about the best place to have placed your bet. And you keep BS'ing on here about how right you are and have been. Can't even admit you've been wrong when the numbers are right in your face. #Sad
;
jeez
I was in a rush. I posted the first foreign stock reco of his that I personally own. Ease up - it's clear you still have a bad taste in your mouth... sorry? but don't take it out on me.
He was not and is not wrong. His macro view couldn't be more spot on.
In 2009, he was putting his clients balls-deep into high dividend-paying foreign stocks and gold mining stocks... most of which outperformed US stocks through 2012. He also recommended buying physical bullion as a long term hedge against currency crisis and runaway inflation. In 2013, yes, things went the other way for him and his investors (mostly due to unforeseeable and totally unprecedented levels of fuckery waged by the powers that be). However, his strategy began to shine again in 2016 and will not only catch up to the (phony, inflated) gains of US stocks, but leave them in the dust.
Are many people sitting on solid returns from US stocks right now? Absolutely. Is it sustainable? Fuck no. It's all stimulus. Stimulus causing fake valuations from ever-devaluing US dollars. It simply can't end well - and that's why one should be exposed to emerging markets, precious metals and other commodities. I'll buy into US markets, but not until after they correct in a big way.
Blankpage
alien
jeez
I was in a rush. I posted the first foreign stock reco of his that I personally own. Ease up - it's clear you still have a bad taste in your mouth... sorry? but don't take it out on me.
He was not and is not wrong. His macro view couldn't be more spot on.
In 2009, he was putting his clients balls-deep into high dividend-paying foreign stocks and gold mining stocks... most of which outperformed US stocks through 2012. He also recommended buying physical bullion as a long term hedge against currency crisis and runaway inflation. In 2013, yes, things went the other way for him and his investors (mostly due to unforeseeable and totally unprecedented levels of fuckery waged by the powers that be). However, his strategy began to shine again in 2016 and will not only catch up to the (phony, inflated) gains of US stocks, but leave them in the dust.
Are many people sitting on solid returns from US stocks right now? Absolutely. Is it sustainable? Fuck no. It's all stimulus. Stimulus causing fake valuations from ever-devaluing US dollars. It simply can't end well - and that's why one should be exposed to emerging markets, precious metals and other commodities. I'll buy into US markets, but not until after they correct in a big way.
Did you happen to notice we're 10 years into the biggest bull market in history.
All through it you've been posting on here about the fake market and plugging the preaching's of Schiff and buying gold instead of stocks. Dude you got it wrong, own up to it and tone down the rhetoric.
I bought into the gold and silver hype also but abandoned it years ago when I got sick of watching it go nowhere. Fortunately I put most of what I had in the market.
People ain't getting rich and retiring off of gold. Buy the mining stocks when they're beaten down and cheap just like you would with any other stocks.
zanshin
Well-known member
That you're not making money off financial fire insurance is not basis for complaint, and no one (including Schiff) is suggesting a portfolio that's nothing but insurance.
That aside, the one inescapable mathematical certainty underlying everything, is that the hundreds of trillions of worldwide debt, the quadrillions of derivatives, can never be settled or unwound organically.
The US debt will never be repaid, nor Japanese, nor EU, and so on. Economies cannot possibly grow so robustly as to make this possible.
That leaves two options -- explicit default, and the implicit default of currency devaluation, or some combination of the two. Period.
Quite how this process will unfold in the context of the countless (frequently sociopathic) power players in the world, and when, with unintended consequences and black swans, is unknown and unknowable.
The Ziocon psychos may start a war with Iran tomorrow, or some other false flag somewhere, or they may not. If artificial support is removed from the distorted inflated markets, they can collapse (apologies for political incorrectness) at freefall. Or maybe they'll keep pumping them up for another 5 years - Dow at 100k, national debt at 50 trillion. Different near-term outcomes, different trajectories, and completely out of our control.
But the underlying macro trend is clear and inescapable, and a thinking individual should position themselves in a way that provides protection and profit potential according to their capabilities and risk tolerance.
None of what is going on is good for the 99%. It's nothing but erosion of rights, privacy, and purchasing power. All these complex factors need to be considered.
The great bleating masses can and do continue with their CNBC and Netflix and Facebook - an aspect of the inescapable reality of the bell curve. I am not one to tilt at windmills or argue with the rain. But if I can help to stir some critical examination of the big picture in at least one person, then my little essay will have been worthwhile.
That aside, the one inescapable mathematical certainty underlying everything, is that the hundreds of trillions of worldwide debt, the quadrillions of derivatives, can never be settled or unwound organically.
The US debt will never be repaid, nor Japanese, nor EU, and so on. Economies cannot possibly grow so robustly as to make this possible.
That leaves two options -- explicit default, and the implicit default of currency devaluation, or some combination of the two. Period.
Quite how this process will unfold in the context of the countless (frequently sociopathic) power players in the world, and when, with unintended consequences and black swans, is unknown and unknowable.
The Ziocon psychos may start a war with Iran tomorrow, or some other false flag somewhere, or they may not. If artificial support is removed from the distorted inflated markets, they can collapse (apologies for political incorrectness) at freefall. Or maybe they'll keep pumping them up for another 5 years - Dow at 100k, national debt at 50 trillion. Different near-term outcomes, different trajectories, and completely out of our control.
But the underlying macro trend is clear and inescapable, and a thinking individual should position themselves in a way that provides protection and profit potential according to their capabilities and risk tolerance.
None of what is going on is good for the 99%. It's nothing but erosion of rights, privacy, and purchasing power. All these complex factors need to be considered.
The great bleating masses can and do continue with their CNBC and Netflix and Facebook - an aspect of the inescapable reality of the bell curve. I am not one to tilt at windmills or argue with the rain. But if I can help to stir some critical examination of the big picture in at least one person, then my little essay will have been worthwhile.
Smash Allen
Active member
For what it’s worth, I appreciate both your and redruM contributions
And maybe blank page a little too
And maybe blank page a little too
Cycle61
What the shit is this...
@zanshin, I appreciate your input and would love to discuss more over a beer.
afm199
Well-known member
That's called gambling. The average return on the market today is under 5%. If everyone could double their money in a year, the world would be filled with billiontrillionquadrilloinumpteenzillions aires and one molecule of gold would cost $2,000,000,000
Blankpage
alien
Wanna double your money in a year eh. Yeah you and everyone else on the planet.
At a 15% annual return, which would be an amazing performance, it would take 5 years.
At a 15% annual return, which would be an amazing performance, it would take 5 years.
Smash Allen
Active member
if you have 1,000,000 in the bank / investments earning 6% you can pull 60,000 a year and never touch your principle
so 6% is what I look for, and I am constantly contributing toward my 1,000,000
so 6% is what I look for, and I am constantly contributing toward my 1,000,000
Smash Allen
Active member
What type of investment that can earn 6% consistently?
My timeline is 30 years so for now I am in aggressive growth index funds with lowest fees. As my timeline gets closer I will transition towards dividend index funds.
6% is what I consider to be the annual average growth of the market, so any return over that I am happy.
afm199
Well-known member
Apropos to nothing, WSJ says small investors are feeling left out and starting to leap into this already incredibly frothy market, which I liken to a Starbucks latte, a half cup of latte topped with a half cup of frothy milk.
I am frankly getting nervous and actually closed a couple positions. This could tunnel tomorrow or go on for another six months or year. Nobody knows.
I am frankly getting nervous and actually closed a couple positions. This could tunnel tomorrow or go on for another six months or year. Nobody knows.
What made you think so? Was it the gut feeling or some facts?
Cycle61
What the shit is this...
I’m less than 50% in US stocks at this point for similar reasons.
Blankpage
alien
Apple is about to bring back tens of billions of offshore cash and for sure some of that will be used to buyback stock. I ain't selling my AAPL anytime soon.
afm199
Well-known member
oh, several years of never ending gains and the highest P/E ratio ever, among other things. Prices are so insanely high now it looks like Bitcoin a month ago.
I've been totally enjoying the last year plus of the Trump boom, but I think it's gotten into very scary territory now. Partly gut, partly reason, but a bull market is perfectly capable of trampling logic into the ground and destroying it overnight.
Last edited:
Cycle61
What the shit is this...
P/E not quite in 1999 territory but it’s getting close.
My global value fund has been kicking ass, but everything else has too. We’ll see how the numbers look when the S&P starts to get bumpy.
Thinking about getting into VIX too. Record low volatility, it’s basically only able to go up from here.
Hmmm https://sixfigureinvesting.com/2010/01/how-to-go-long-on-the-vix-index-2/
My global value fund has been kicking ass, but everything else has too. We’ll see how the numbers look when the S&P starts to get bumpy.
Thinking about getting into VIX too. Record low volatility, it’s basically only able to go up from here.
Hmmm https://sixfigureinvesting.com/2010/01/how-to-go-long-on-the-vix-index-2/
Last edited:
SteelerFanatic
TEAM BARF-MW2
Can I float an idea past you guys? Can we merge the GoPro thread into this one?
There was some good investing posts in that thread, amongst the bs of course, but still valuable.
I don’t want to bump that thread anymore just to post some replies.
There was some good investing posts in that thread, amongst the bs of course, but still valuable.
I don’t want to bump that thread anymore just to post some replies.
rodr
Well-known member
If you want to reply here to something from a different thread, try this:
1. Go to the other thread and hit the desired Quote button.
2. Click in the edit box and hit Ctrl-A and Ctrl-C to copy its contents into the clipboard.
3. Without saving anything go to this thread and click Post Reply.
4. Click in the edit box and type Ctrl-V to copy the stuff into it, and continue with your response.
This way the link to the original comment will work.