Search found 319 matches

by GoldenGoose
Wed Oct 21, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

I am a long term buy and hold kinda guy. With that said I have some serious short term gains that fluctuate with this market. It pains me to see when the gains retreat from the peaks. Its one story when you start at 0 and then hit the highs where the trough is but it's another story when you hit the...
by GoldenGoose
Sat Oct 17, 2020 7:54 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

I kept seeing poster after poster claiming to beat 80% of this and 90% of that. If you still have the thought of "beating others", then subconsciously you still have that jealousy of not beating everyone else. Why not be a bit more philosophical like some other posters and think what you got is enou...
by GoldenGoose
Thu Oct 15, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

I suspect that as much as BH-ers like to fancy themselves of "beating average investors and professional managers", the true fact MIGHT be that the majority of investors is in fund investing and a handful is in non fund investing. So the reality is that you get about the same average return like mos...
by GoldenGoose
Thu Oct 15, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

sixtyforty wrote, Because I'm beating at least 80% of the professional money managers and 90% of the average investors. I would edit the above to read “...and 90% of all individual investors.” And with that minor adjustment, you have a near-perfect one sentence reply to the question posed by the OP...
by GoldenGoose
Wed Oct 14, 2020 12:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Who's worried? (I dont meant the index guys)
by GoldenGoose
Wed Oct 14, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552725

Re: What are you up YTD? [Year To Date]

I was up 197% YTD at one point with options/stocks. Now I am down ~30% ytd .... I lost the full 197% gain plus another 30% of the initial capital Wow what did you speculate on? United airline puts , Carnival cruise puts, Tesla puts in March Held the Tesla puts too long ... Luckily let them go or I ...
by GoldenGoose
Wed Oct 14, 2020 10:01 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

CurlyDave wrote: Wed Oct 14, 2020 9:45 am
Stinky wrote: Wed Oct 14, 2020 9:07 am Nasdaq at about 1% off ATH.

S&P less than 2% off ATH.

(Low level) Soaring today.
Very low level soaring -- more like a fat chicken running away from a dog. Lots of squawking and wing beating but not getting much air. Feathers flying everywhere.
Nice imagery. ;)
by GoldenGoose
Wed Oct 14, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552725

Re: What are you up YTD? [Year To Date]

I was up 197% YTD at one point with options/stocks. Now I am down ~30% ytd .... I lost the full 197% gain plus another 30% of the initial capital Wow what did you speculate on? United airline puts , Carnival cruise puts, Tesla puts in March Held the Tesla puts too long ... Luckily let them go or I ...
by GoldenGoose
Wed Oct 14, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552725

Re: What are you up YTD? [Year To Date]

newguy123 wrote: Wed Oct 14, 2020 8:19 am I was up 197% YTD at one point with options/stocks. Now I am down ~30% ytd .... I lost the full 197% gain plus another 30% of the initial capital
Wow what did you speculate on?
by GoldenGoose
Tue Oct 13, 2020 8:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Broken Man 1999 wrote: Tue Oct 13, 2020 4:35 pm
GoldenGoose wrote: Tue Oct 13, 2020 12:25 pm Go apple go. Its good for you index guys. It especially good for me. :moneybag
Well, Apple did go... down $3.30/share.

Microsoft went up a bit, $1.46/share.

I wouldn't be afraid to hold either, in fact I hold both.

Broken Man 1999
We all do, including the index guys
by GoldenGoose
Tue Oct 13, 2020 12:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Go apple go. Its good for you index guys. It especially good for me. :moneybag
by GoldenGoose
Tue Oct 13, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552725

Re: What are you up YTD? [Year To Date]

A friend of mine is thinking about taking profits. I am staying. Buy and hold. Long term investing. I think November will be a good month too. Not sure about December.
by GoldenGoose
Tue Oct 13, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

Why I didnt buy? It is because I am not familiar with it and not interested. As simple as that. Now if you let me know the 30X 50X gain stocks you bought, I will be interested. GoldenGoose, 1) In summary, you do not believe in Warren Buffett enough to invest with him. So, why waste your time with h...
by GoldenGoose
Tue Oct 13, 2020 12:15 pm
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

This is unmitigated nonsense. You've been given the data and information, yet you are still convinced that you are a better investor than 90% of mutual fund managers. Good luck. There's really nothing more to debate. Sheeesh, the pompous nature of some people who cant tolerate different opinions.
by GoldenGoose
Tue Oct 13, 2020 11:21 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

Why I didnt buy? It is because I am not familiar with it and not interested. As simple as that. Now if you let me know the 30X 50X gain stocks you bought, I will be interested. GoldenGoose, 1) In summary, you do not believe in Warren Buffett enough to invest with him. So, why waste your time with h...
by GoldenGoose
Tue Oct 13, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

I rather go through that list and select companies that I am familiar with to own. Once I bought them, I would hold them for the long term, until the situation changes. GoldenGoose, Unless you believe you are smarter than Warren Buffett, why do you need to repeat the effort? Just buy BRK.A or BRK.B...
by GoldenGoose
Tue Oct 13, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

I do not buy any individual stock that does not have the potential to go up 10X to 30X in less than 5 years. Can you give us a current example of such a stock, or what process you use to decide which stocks have that potential? 1) I was looking at SLV. But, decided against it. 2) In general, I buy ...
by GoldenGoose
Tue Oct 13, 2020 10:47 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

If you are, study up on investing, not just on this forum but on others where you will be exposed to people who follow all the mamy different approaches out there. And understand that you will be competing with countless other people who are thinking and doing the same thing. The OP would have to b...
by GoldenGoose
Tue Oct 13, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

I rather go through that list and select companies that I am familiar with to own. Once I bought them, I would hold them for the long term, until the situation changes. GoldenGoose, Unless you believe you are smarter than Warren Buffett, why do you need to repeat the effort? Just buy BRK.A or BRK.B...
by GoldenGoose
Tue Oct 13, 2020 10:40 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

GoldenGoose wrote, I guess when people see "active" in investing, they automatically assume its the random stock picking, frequent buy and sell approach. This is not what I advocate. I take a look at the SP500 stocks and see that there are companies in there that I would never want to own (cyclical...
by GoldenGoose
Tue Oct 13, 2020 10:37 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

I don't need to feel like I've beaten the market, but here is something you can do if you feel you are falling behind your friends' investment performance. Start doing what they do. Lie! When Amazon shoots up , mention that you just bought some. When Tesla crashes, express relief that you just sold...
by GoldenGoose
Tue Oct 13, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

I realize I am finally becoming an investor instead of a speculator. I felt really good and less stressed when I finally completed a buy and hold asset allocation portoflio. But then I got a little bored and thought I have all this free time to fill. Shouldn't I apply it to optimizing / tweaking th...
by GoldenGoose
Tue Oct 13, 2020 7:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Another up day today. Time to ring the cash register. :sharebeer
by GoldenGoose
Tue Oct 13, 2020 7:43 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

I do not buy any individual stock that does not have the potential to go up 10X to 30X in less than 5 years. Can you give us a current example of such a stock, or what process you use to decide which stocks have that potential? 1) I was looking at SLV. But, decided against it. 2) In general, I buy ...
by GoldenGoose
Tue Oct 13, 2020 7:34 am
Forum: Personal Investments
Topic: Married filing jointly - 401k contribution limit
Replies: 12
Views: 1329

Re: Married filing jointly - 401k contribution limit

Sometimes it depends on the employer too. My wife is considered to be highly compensated employee and her contribution is limited to 8% of her salary.
by GoldenGoose
Tue Oct 13, 2020 5:46 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

How do you know that they are not? Because they still drive the same old car and haven't moved to their mansion. You may say it is discipline, but if they were compounding 20% more a year than the market returns they would have SO much money. You are assuming again. They didnt say compounding 20%. ...
by GoldenGoose
Tue Oct 13, 2020 5:37 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

I do not buy any individual stock that does not have the potential to go up 10X to 30X in less than 5 years. Can you give us a current or past example of such a stock, or how you decide which stocks have that potential? Pretty much every stock in the WCLD index then what are you doing on a BH forum...
by GoldenGoose
Tue Oct 13, 2020 5:33 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

How do you know that they are not? Because they still drive the same old car and haven't moved to their mansion. You may say it is discipline, but if they were compounding 20% more a year than the market returns they would have SO much money. You are assuming again. They didnt say compounding 20%. ...
by GoldenGoose
Tue Oct 13, 2020 5:30 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

Easy for you guys to say to ignore the market and stay the course. You follow the market and see the rally. You look at the individual stocks and see some of them gaining 10% 20%. You read BH forum and see others up YTD 30% 40%. You look at your passive index funds and you see they are up 1% or 2%....
by GoldenGoose
Tue Oct 13, 2020 5:25 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

It is hard. I have a friend who started investing around the same time as I and he is way ahead of me. He was putting his money in the NASDAQ and I put it in a world index. People are very eager to share when they did something right. They won't tell you when they zigged when they should have zagge...
by GoldenGoose
Tue Oct 13, 2020 5:24 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

Easy for you guys to say to ignore the market and stay the course. You follow the market and see the rally. You look at the individual stocks and see some of them gaining 10% 20%. You read BH forum and see others up YTD 30% 40%. You look at your passive index funds and you see they are up 1% or 2%....
by GoldenGoose
Tue Oct 13, 2020 5:21 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

I guess when people see "active" in investing, they automatically assume its the random stock picking, frequent buy and sell approach. This is not what I advocate. I take a look at the SP500 stocks and see that there are companies in there that I would never want to own (cyclical, industry or lack o...
by GoldenGoose
Tue Oct 13, 2020 4:37 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552725

Re: What are you up YTD? [Year To Date]

Roth accounts are up 7.4% year to date. That is accurate and I haven't added anything to it as I have been retired 6 years. I have mostly stock funds and some bond funds. My taxable accounts are up around 4%, but I add and subtract for those funds regularly and don't keep tight records. I ignore re...
by GoldenGoose
Tue Oct 13, 2020 4:26 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

I do not buy any individual stock that does not have the potential to go up 10X to 30X in less than 5 years. Can you give us a current example of such a stock, or what process you use to decide which stocks have that potential? Yeah, I am interested to hear too. As well as many other members.
by GoldenGoose
Tue Oct 13, 2020 4:24 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

I do not buy any individual stock that does not have the potential to go up 10X to 30X in less than 5 years. Can you give us a current or past example of such a stock, or how you decide which stocks have that potential? Pretty much every stock in the WCLD index then what are you doing on a BH forum...
by GoldenGoose
Tue Oct 13, 2020 4:21 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

Get a boat if you want something to play with. Having owned a few boats... BOAT = Break out another thousand. Two best days owning a boat - the day you buy it and the day you sell it. I know someone that owns a boat. She loves it. She tells anyone that buys a boat that it's a bigger money pit than ...
by GoldenGoose
Tue Oct 13, 2020 4:12 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10524

Re: How do Bogleheads cope with not beating the market?

Easy for you guys to say to ignore the market and stay the course. You follow the market and see the rally. You look at the individual stocks and see some of them gaining 10% 20%. You read BH forum and see others up YTD 30% 40%. You look at your passive index funds and you see they are up 1% or 2%. ...
by GoldenGoose
Mon Oct 12, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

The problem is when the play money grows faster than the rest of your portfolio. I put 5% into AMZN. It's now 9% of my portfolio. I put 5% into TQQQ. It's now 7% of my portfolio. The challenge is when to sell these. rockstar, You need a trading rule to play this kind of game. In my case, when it tr...
by GoldenGoose
Mon Oct 12, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Wow. S and P up 2%. Sure would hate to be sitting on the sidelines today. Nobody on this BH forum is sitting on the sideline. They are all invested in some kind of funds. It is just a matter whether or not they are beating the SP500 index. What happens if your chosen non SP500 funds are not beating...
by GoldenGoose
Mon Oct 12, 2020 1:46 pm
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

I suspect that the collective minds in this BH community couldn't come up with the one best index fund to invest in so that you don't underperform the market. If there is such a fund, then all of BH-ers would be on such a fund, right, so we don't underperform the market in the long run? Every time w...
by GoldenGoose
Mon Oct 12, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

Get a boat if you want something to play with. Having owned a few boats... BOAT = Break out another thousand. Two best days owning a boat - the day you buy it and the day you sell it. I don't know but 2 of my neighbors have brand new, cool looking boats sitting in their driveway. They seem to enjoy...
by GoldenGoose
Mon Oct 12, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

The problem is when the play money grows faster than the rest of your portfolio. I put 5% into AMZN. It's now 9% of my portfolio. I put 5% into TQQQ. It's now 7% of my portfolio. The challenge is when to sell these. rockstar, You need a trading rule to play this kind of game. In my case, when it tr...
by GoldenGoose
Mon Oct 12, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Wow. S and P up 2%. Sure would hate to be sitting on the sidelines today. Nobody on this BH forum is sitting on the sideline. They are all invested in some kind of funds. It is just a matter whether or not they are beating the SP500 index. What happens if your chosen non SP500 funds are not beating...
by GoldenGoose
Mon Oct 12, 2020 11:24 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7841

Re: "Active" Index investing vs. "Passive" Index investing

It seems that what the OP is considering is investing the way a quant fund would: selecting stocks from a defined universe. I haven't looked for any lately but for example Vanguard now has the Strategic Equity funds, and didn't they previously have a large-cap "Quantitative Equity" fund (not Vangua...
by GoldenGoose
Mon Oct 12, 2020 11:22 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Wait until we have a vaccine announced. It's already been announced about 50 times I think. Even when one is actually introduced by a trusted producer, the market will likely be skeptical. A vaccine won't change the economic situation until/if it is administered to a very large swath of the populac...
by GoldenGoose
Mon Oct 12, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Pigeye Brewster wrote: Mon Oct 12, 2020 11:18 am
GoldenGoose wrote: Mon Oct 12, 2020 11:10 am
Stinky wrote: Mon Oct 12, 2020 10:30 am The market is just powering up and up and up so far today.

Amazingly, new all time highs are in sight.
Not really, I think we are just getting back to the pre-virus level, right?
Pre-virus all-time high was 3,386.15 on 2/19/2020.
I was looking at the Dow 30 and the Nasdaq
by GoldenGoose
Mon Oct 12, 2020 11:17 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 4968

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

I see your point, but I am currently 100% stocks, and the idea of leverage on index funds or small cap tilts doesn’t interest me as much as holding onto a small group of stocks that are very high risk/ high reward plays If you know what you are doing and be careful about what you are going to do, t...
by GoldenGoose
Mon Oct 12, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

rocketsrule wrote: Mon Oct 12, 2020 10:39 am
atdharris wrote: Mon Oct 12, 2020 10:37 am Why are we soaring so much today?
Who knows.. but I'm predicting a down day tomorrow after the last few being way up.
You have 50% of being right.
by GoldenGoose
Mon Oct 12, 2020 11:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Stinky wrote: Mon Oct 12, 2020 10:30 am The market is just powering up and up and up so far today.

Amazingly, new all time highs are in sight.
Not really, I think we are just getting back to the pre-virus level, right?
by GoldenGoose
Mon Oct 12, 2020 11:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9388
Views: 750610

Re: U.S. stocks continue to soar!

Wait until we have a vaccine announced. It's already been announced about 50 times I think. Even when one is actually introduced by a trusted producer, the market will likely be skeptical. A vaccine won't change the economic situation until/if it is administered to a very large swath of the populac...