U.S. stocks continue to soar!

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GoldStar
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Re: U.S. stocks continue to soar!

Post by GoldStar » Tue Aug 28, 2018 8:44 pm

whodidntante wrote:
Tue Aug 28, 2018 8:33 pm
lostdog wrote:
Tue Aug 28, 2018 8:15 am
oldcomputerguy wrote:
Tue Aug 28, 2018 7:03 am
CaliJim wrote:
Mon Aug 27, 2018 8:10 pm
Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet?

I don't think I can do it in COBOL 74 or 85.
Um, do you even have a computer that runs COBOL??
:shock:

(I guess I’m old, I actually know what COBOL is. :| )
I took a semester of COBOL in college. 1997.
http://dilbert.com/strip/1994-06-10

I tested out of Fortran in college.
I took Fortran, Pascal, and 8086 Machine language. ;)

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LadyGeek
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Re: U.S. stocks continue to soar!

Post by LadyGeek » Tue Aug 28, 2018 8:53 pm

^^^ Let's just say all of the above (except for COBOL) and more, but I digress. Start a thread in the Personal Consumer Issues forum to continue the discussion, or, bump an old thread - like this one: Older Software Engineer Advice ~ Languages?
GoldStar wrote:
Mon Aug 27, 2018 6:09 pm
Why do people keep updating the "free fall" thread with the market at all time highs AGAIN!
More of us are becoming millionaires everyday.
I continue to adjust my AA - moving stocks to bonds - but it appears there is no stopping this Bull!

(Opening this thread hoping it doesn't get shut down after this discussion...
No worries. Consider this thread the opposing point of view to Re: U.S. stocks in freefall.

So, one thread for "freefall" and one for "soaring". That should cover it.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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FIREchief
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Re: U.S. stocks continue to soar!

Post by FIREchief » Tue Aug 28, 2018 8:55 pm

GoldStar wrote:
Tue Aug 28, 2018 8:44 pm
whodidntante wrote:
Tue Aug 28, 2018 8:33 pm
lostdog wrote:
Tue Aug 28, 2018 8:15 am
oldcomputerguy wrote:
Tue Aug 28, 2018 7:03 am
CaliJim wrote:
Mon Aug 27, 2018 8:10 pm
Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet?

I don't think I can do it in COBOL 74 or 85.
Um, do you even have a computer that runs COBOL??
:shock:

(I guess I’m old, I actually know what COBOL is. :| )
I took a semester of COBOL in college. 1997.
http://dilbert.com/strip/1994-06-10

I tested out of Fortran in college.
I took Fortran, Pascal, and 8086 Machine language. ;)
Are we now stuck in a "do loop?"
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.

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Doom&Gloom
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Re: U.S. stocks continue to soar!

Post by Doom&Gloom » Tue Aug 28, 2018 9:04 pm

LadyGeek wrote:
Tue Aug 28, 2018 8:53 pm
^^^ Let's just say all of the above (except for COBOL) and more, but I digress. Start a thread in the Personal Consumer Issues forum to continue the discussion, or, bump an old thread - like this one: Older Software Engineer Advice ~ Languages?
GoldStar wrote:
Mon Aug 27, 2018 6:09 pm
Why do people keep updating the "free fall" thread with the market at all time highs AGAIN!
More of us are becoming millionaires everyday.
I continue to adjust my AA - moving stocks to bonds - but it appears there is no stopping this Bull!

(Opening this thread hoping it doesn't get shut down after this discussion...
No worries. Consider this thread the opposing point of view to Re: U.S. stocks in freefall.

So, one thread for "freefall" and one for "soaring". That should cover it.
What?!?! No interminable "trading range" thread???

j/k

2pedals
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Re: U.S. stocks continue to soar!

Post by 2pedals » Tue Aug 28, 2018 9:10 pm

This is like the yin and the yang of the boglehead topics -- U.S. stocks continue to soar and U.S. stocks in freefall. Didn't Jack Bogle say 50% of the time wish he had more stocks and 50% of time he wished had had more bonds? Maybe the Bogleheads forum has finally come to terms with that concept. 💡

MJW
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Re: U.S. stocks continue to soar!

Post by MJW » Tue Aug 28, 2018 10:17 pm

Doom&Gloom wrote:
Tue Aug 28, 2018 9:04 pm
What?!?! No interminable "trading range" thread???

j/k
I don't know about you, but the thought of a "US stocks performing moderately" thread gets me all kinds of amped up.

rgs92
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Re: U.S. stocks continue to soar!

Post by rgs92 » Tue Aug 28, 2018 11:05 pm

Just enjoy the ride. Doing anything else would be a violation of Bogle principles. (As long as you are near your asset allocation targets.)

limeyx
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Re: U.S. stocks continue to soar!

Post by limeyx » Wed Aug 29, 2018 1:10 am

oldcomputerguy wrote:
Tue Aug 28, 2018 7:03 am
CaliJim wrote:
Mon Aug 27, 2018 8:10 pm
Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet?

I don't think I can do it in COBOL 74 or 85.
Um, do you even have a computer that runs COBOL??
:shock:

(I guess I’m old, I actually know what COBOL is. :| )
https://developers.slashdot.org/story/1 ... nd-fortran


https://sourceforge.net/p/open-cobol/di ... /?limit=25

limeyx
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Re: U.S. stocks continue to soar!

Post by limeyx » Wed Aug 29, 2018 1:11 am

goblue100 wrote:
Tue Aug 28, 2018 7:26 am
finite_difference wrote:
Tue Aug 28, 2018 7:20 am
Are all your friends trading stock tips?

Do you hear a lot of people discussing stocks in public?
Actually, I have a couple of guys at work that have started talking about their trades and why they can't lose buying Netflix and Amazon. Makes me shudder. Not quite as bad as 1999 when all I heard going down the hall was 401k trade discussion.
Sold my AAPL, AMZN and GOOGl (trying right now not to look at them soar ... not exactly hoping for a dip but ...)

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oldzey
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Re: U.S. stocks continue to soar!

Post by oldzey » Wed Aug 29, 2018 2:26 am

Keep on soaring higher! :beer

Image
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

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GoldStar
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Re: U.S. stocks continue to soar!

Post by GoldStar » Wed Aug 29, 2018 7:02 am

LadyGeek wrote:
Tue Aug 28, 2018 8:53 pm
No worries. Consider this thread the opposing point of view to Re: U.S. stocks in freefall.

So, one thread for "freefall" and one for "soaring". That should cover it.
:sharebeer

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nedsaid
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Re: U.S. stocks continue to soar!

Post by nedsaid » Wed Aug 29, 2018 7:16 am

MJW wrote:
Tue Aug 28, 2018 10:17 pm
Doom&Gloom wrote:
Tue Aug 28, 2018 9:04 pm
What?!?! No interminable "trading range" thread???

j/k
I don't know about you, but the thought of a "US stocks performing moderately" thread gets me all kinds of amped up.
Judging from the threads on the forum, we should only invest in those asset classes that have recently done well. I guess that leaves us with 100% US Stock portfolios. I will stick with a stock/bonds/cash allocation across the entire world.

I did smile when I saw the idea of a "U.S. stocks performing moderately" thread. Touche.
A fool and his money are good for business.

GoldenFinch
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Re: U.S. stocks continue to soar!

Post by GoldenFinch » Wed Aug 29, 2018 7:25 am

nedsaid wrote:
Wed Aug 29, 2018 7:16 am
MJW wrote:
Tue Aug 28, 2018 10:17 pm
Doom&Gloom wrote:
Tue Aug 28, 2018 9:04 pm
What?!?! No interminable "trading range" thread???

j/k
I don't know about you, but the thought of a "US stocks performing moderately" thread gets me all kinds of amped up.
Judging from the threads on the forum, we should only invest in those asset classes that have recently done well. I guess that leaves us with 100% US Stock portfolios. I will stick with a stock/bonds/cash allocation across the entire world.

I did smile when I saw the idea of a "U.S. stocks performing moderately" thread. Touche.
We do have threads like that. They usually have the word “bored” in the title.

columbia
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Re: U.S. stocks continue to soar!

Post by columbia » Wed Aug 29, 2018 7:39 am

oldzey wrote:
Wed Aug 29, 2018 2:26 am
Keep on soaring higher! :beer

Image
Hah! Takes me back my beer collecting days in the 70s.

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ruralavalon
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Re: U.S. stocks continue to soar!

Post by ruralavalon » Wed Aug 29, 2018 8:36 am

Five minutes into the trading day, the S&P 500 surges up 0.09% :) .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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jharkin
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Re: U.S. stocks continue to soar!

Post by jharkin » Wed Aug 29, 2018 8:43 am

lostdog wrote:
Tue Aug 28, 2018 8:15 am
oldcomputerguy wrote:
Tue Aug 28, 2018 7:03 am
CaliJim wrote:
Mon Aug 27, 2018 8:10 pm
Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet?

I don't think I can do it in COBOL 74 or 85.
Um, do you even have a computer that runs COBOL??
:shock:

(I guess I’m old, I actually know what COBOL is. :| )
I took a semester of COBOL in college. 1997.
Cool... I was taking some programming for engineers classes around the same time (95-96) but the university had finally moved away from FORTRAN as a requirement at that point and we where allowed to start right into C & C++

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jharkin
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Re: U.S. stocks continue to soar!

Post by jharkin » Wed Aug 29, 2018 8:53 am

willthrill81 wrote:
Tue Aug 28, 2018 3:31 pm
mega317 wrote:
Tue Aug 28, 2018 3:10 pm
willthrill81 wrote:
Tue Aug 28, 2018 2:52 pm
the recovery since 2009 has been referred to as the 'most unloved bull market ever'.
Why?
Don't ask me. But it has been referred to that way. Perhaps because, as Nedsaid recently pointed out, bull markets thrive off pessimists being slowly converted into optimists.
I think its because so many people lost it all in '08 that many got burned so bad they swore off investing forever. I know a lot of smart people IRL who are still sitting on piles of cash and CDs and are convinced the stock market is rigged... also know lots of folks who lost jobs and never got back to their income level of '07.

I remember 97-99, having just started my first job out of college working in tech. My managers and older co-workers where all telling stories of how they bought their house using stock option proceeds etc and how I was going to be so rich so soon. And the weekly going away parties for people taking offers at dot com startups. A couple years later most of them where out of work....

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GoldStar
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Re: U.S. stocks continue to soar!

Post by GoldStar » Wed Aug 29, 2018 10:19 am

More new highs (although Market still alive so could drop as some folks pull profits)

S&P over 2900!
Dow over 26,100!
Nasdaq over 8,080!

There will be big parties in the bars and cigar-lounges after Wall St. closes today!

WhiteMaxima
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Re: U.S. stocks continue to soar!

Post by WhiteMaxima » Wed Aug 29, 2018 10:38 am

flyingaway wrote:
Tue Aug 28, 2018 5:14 pm
Moved about $50,000 total stock market index to total bond index today.
To loose another 10% bull run or risk of 10% correction. 50/50 . Be fearful when others are greedy and greedy when others are fearful.

carofe
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Re: U.S. stocks continue to soar!

Post by carofe » Wed Aug 29, 2018 10:44 am

The GDP grew 4.2% year-on-year. That's excellent news :moneybag
US Total Stock Market + Intermediate Term Bond. That's it.

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GoldStar
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Re: U.S. stocks continue to soar!

Post by GoldStar » Wed Aug 29, 2018 10:55 am

carofe wrote:
Wed Aug 29, 2018 10:44 am
The GDP grew 4.2% year-on-year. That's excellent news :moneybag
Yes indeed! Good indicators are driving the rosy outlook.

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ruralavalon
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Re: U.S. stocks continue to soar!

Post by ruralavalon » Wed Aug 29, 2018 10:59 am

Two hours and 28 minutes into the first trading day of this thread, the S&P 500 index has soared up 0.52% so far.

120 posts so far.

Excellent performance since the start of this thread :D :D .

Still 2% from my rebalancing band.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

SGM
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Re: U.S. stocks continue to soar!

Post by SGM » Wed Aug 29, 2018 11:06 am

My buddy Skysoldier was number 1 at 10 AM in his prediction of the S&P. He is torn between wanting to win the contest and have bragging rights or wanting me to be right with my high prediction. He has come down on the side of his portfolio and he wants my high prediction to be acciurate. I will buy him a cup of coffee tomorrow for hitting number 1.

flyingaway
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Re: U.S. stocks continue to soar!

Post by flyingaway » Wed Aug 29, 2018 11:17 am

WhiteMaxima wrote:
Wed Aug 29, 2018 10:38 am
flyingaway wrote:
Tue Aug 28, 2018 5:14 pm
Moved about $50,000 total stock market index to total bond index today.
To loose another 10% bull run or risk of 10% correction. 50/50 . Be fearful when others are greedy and greedy when others are fearful.
After seeing S&P500 rising more than 0.5% today, I told myself that if I miss 5% gains every year, the difference is just between 3 star and 4 star hotels in travel. The loss of 50% in a year will be a huge problem for me.

cj2018
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Re: U.S. stocks continue to soar!

Post by cj2018 » Wed Aug 29, 2018 11:43 am

GoldStar wrote:
Wed Aug 29, 2018 10:55 am
carofe wrote:
Wed Aug 29, 2018 10:44 am
The GDP grew 4.2% year-on-year. That's excellent news :moneybag
Yes indeed! Good indicators are driving the rosy outlook.
Is the GDP number real or nominal?

If real, that’s good news. Otherwise it might indicate inflation is finally starting to accelerate.

I honestly worry about how the cycle will end this time given the unprecedented monetary policy we adopted 10 years ago and no one knows how that’s gonna trickle down. VCs in the valley are raising record funds and silly food delivery apps are raising hundreds of millions - if that’s not dumb money making big bubbles I don’t know what is lol.

Then again, who am I to care...I’m gonna keep dancing till the music stops.

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GoldStar
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Re: U.S. stocks continue to soar!

Post by GoldStar » Wed Aug 29, 2018 11:54 am

cj2018 wrote:
Wed Aug 29, 2018 11:43 am
GoldStar wrote:
Wed Aug 29, 2018 10:55 am
carofe wrote:
Wed Aug 29, 2018 10:44 am
The GDP grew 4.2% year-on-year. That's excellent news :moneybag
Yes indeed! Good indicators are driving the rosy outlook.
Is the GDP number real or nominal?

If real, that’s good news. Otherwise it might indicate inflation is finally starting to accelerate.

I honestly worry about how the cycle will end this time given the unprecedented monetary policy we adopted 10 years ago and no one knows how that’s gonna trickle down. VCs in the valley are raising record funds and silly food delivery apps are raising hundreds of millions - if that’s not dumb money making big bubbles I don’t know what is lol.

Then again, who am I to care...I’m gonna keep dancing till the music stops.
From WSJ:
WASHINGTON—Economic growth was stronger during the second quarter than earlier estimated, although growth in a key measure of U.S. corporate profits moderated from the first quarter.

Gross domestic product—the value of all goods and services produced across the economy—rose at a 4.2% annual rate in the second quarter, adjusted for seasonality and inflation, the Commerce Department said Wednesday.
.....

kacang
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Re: U.S. stocks continue to soar!

Post by kacang » Wed Aug 29, 2018 11:56 am

Good sleep is important, moved 250k from total stock to total bonds. Glad to have an IPS to keep me disciplined.

cj2018
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Re: U.S. stocks continue to soar!

Post by cj2018 » Wed Aug 29, 2018 12:00 pm

GoldStar wrote:
Wed Aug 29, 2018 11:54 am
cj2018 wrote:
Wed Aug 29, 2018 11:43 am
GoldStar wrote:
Wed Aug 29, 2018 10:55 am
carofe wrote:
Wed Aug 29, 2018 10:44 am
The GDP grew 4.2% year-on-year. That's excellent news :moneybag
Yes indeed! Good indicators are driving the rosy outlook.
Is the GDP number real or nominal?

If real, that’s good news. Otherwise it might indicate inflation is finally starting to accelerate.

I honestly worry about how the cycle will end this time given the unprecedented monetary policy we adopted 10 years ago and no one knows how that’s gonna trickle down. VCs in the valley are raising record funds and silly food delivery apps are raising hundreds of millions - if that’s not dumb money making big bubbles I don’t know what is lol.

Then again, who am I to care...I’m gonna keep dancing till the music stops.
From WSJ:
WASHINGTON—Economic growth was stronger during the second quarter than earlier estimated, although growth in a key measure of U.S. corporate profits moderated from the first quarter.

Gross domestic product—the value of all goods and services produced across the economy—rose at a 4.2% annual rate in the second quarter, adjusted for seasonality and inflation, the Commerce Department said Wednesday.
.....
Cool stuff!

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perihelion
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Re: U.S. stocks continue to soar!

Post by perihelion » Wed Aug 29, 2018 12:04 pm

CaliJim wrote:
Mon Aug 27, 2018 8:10 pm
We need an update frequency chart.

Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet?
Here's a quick chart:
Image

https://drive.google.com/file/d/1yV_BgG ... sp=sharing
Tell everyone you know about Rekenthaler’s Rule - then maybe it will stop working!

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parsi1
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Re: U.S. stocks continue to soar!

Post by parsi1 » Wed Aug 29, 2018 12:13 pm

This market will never drop, correction is a thing of the past.
Nasdaq 10000 is not too far. :sharebeer

ddurrett896
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Re: U.S. stocks continue to soar!

Post by ddurrett896 » Wed Aug 29, 2018 12:20 pm

Tired of winning!

pascalwager
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Re: U.S. stocks continue to soar!

Post by pascalwager » Wed Aug 29, 2018 12:44 pm

Hope to see this thread reappearing regularly for years to come! Or a similar international thread. Either way for me since I have a world AA for both my VG and DFA portfolios.

It's a nice counterweight to the old "free fall" thread.

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oldzey
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Re: U.S. stocks continue to soar!

Post by oldzey » Wed Aug 29, 2018 1:51 pm

S&P 500: 3,000 (soon)

Let the Eagle Soar
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

inbox788
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Re: U.S. stocks continue to soar!

Post by inbox788 » Wed Aug 29, 2018 2:49 pm

ruralavalon wrote:
Wed Aug 29, 2018 8:36 am
Five minutes into the trading day, the S&P 500 surges up 0.09% :) .
Is it sustainable? If it continues at that rate for an hour, it's over 1%/hour, so in a 7 hour trading day, the market could be up 7%! That would be a record or near record.

Alternatively, if it stayed level (on average) after "soaring" 0.09% today and everyday for 200 trading days, it would mean 18% gain over the year.

ruralavalon wrote:
Wed Aug 29, 2018 10:59 am
Two hours and 28 minutes into the first trading day of this thread, the S&P 500 index has soared up 0.52% so far.

120 posts so far.

Excellent performance since the start of this thread :D :D .

Still 2% from my rebalancing band.
We've fallen off the 7%/day rate, so I don't think we'll be making a record today. Still, we're good for the week towards a double digit year, which is more than thrice what I'm expecting in the long run. With this much excitement over a 0.52% up day, I'm quite concerned if a 1% drop in a day comes along, which I think it will. Just mark my words!

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GoldStar
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Re: U.S. stocks continue to soar!

Post by GoldStar » Wed Aug 29, 2018 4:06 pm

Another day and another set of closing-highs for the market across most major U.S. Indices!

WhiteMaxima
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Re: U.S. stocks continue to soar!

Post by WhiteMaxima » Wed Aug 29, 2018 4:32 pm

I am happy to see peak every day. I am also harvest the gain and out it into underperformed area. Let's say Dow up 1%, I will sell 1% so gain will go to cash or underperformed places. So the total remaining stay the same.

CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave » Wed Aug 29, 2018 4:58 pm

Well, our portfolio soared 1.57% today.

CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave » Wed Aug 29, 2018 5:14 pm

inbox788 wrote:
Wed Aug 29, 2018 2:49 pm

...Alternatively, if it stayed level (on average) after "soaring" 0.09% today and everyday for 200 trading days, it would mean 18% gain over the year...
Actually, the year-long growth would be found from the formula 1+G = (1.0009)^200 = 1.197 or 19.7% growth.

2015
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Re: U.S. stocks continue to soar!

Post by 2015 » Wed Aug 29, 2018 6:56 pm

WhiteMaxima wrote:
Wed Aug 29, 2018 10:38 am
flyingaway wrote:
Tue Aug 28, 2018 5:14 pm
Moved about $50,000 total stock market index to total bond index today.
To loose another 10% bull run or risk of 10% correction. 50/50 . Be fearful when others are greedy and greedy when others are fearful.
+1
Greed to me is a definite warning sign. The post up thread referencing a co-worker checking his stocks during a meeting is demonstrative of weakening resistance to the market's current siren call.
“You go into greed mode,” he said. Guy Spier called it “cocaine brain.” Neuroscientists have found that the prospect of making money stimulates the same primitive reward circuits in the brain that cocaine does. And that, Pabrai said, is when serious investors like himself try to become systematic. They focus on dispassionate analysis, on avoiding both irrational exuberance and panic.
Emphasis added

IlliniDave
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Re: U.S. stocks continue to soar!

Post by IlliniDave » Wed Aug 29, 2018 7:52 pm

The week before last I adjusted along my glide path and traded about 8% of my US equities for bonds. Of course now I wish I'd have waited until this week, but that's the breaks. I like stocks going up but I really hope there is some persistence in the economy so people who have struggled over the last 10 years can get some footing.
Don't do something. Just stand there!

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willthrill81
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Re: U.S. stocks continue to soar!

Post by willthrill81 » Wed Aug 29, 2018 8:30 pm

CurlyDave wrote:
Wed Aug 29, 2018 4:58 pm
Well, our portfolio soared 1.57% today.
What do you own that went up that much today? Individual stock holdings?
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

lostdog
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Re: U.S. stocks continue to soar!

Post by lostdog » Wed Aug 29, 2018 9:39 pm

FIREchief wrote:
Tue Aug 28, 2018 8:55 pm
GoldStar wrote:
Tue Aug 28, 2018 8:44 pm
whodidntante wrote:
Tue Aug 28, 2018 8:33 pm
lostdog wrote:
Tue Aug 28, 2018 8:15 am
oldcomputerguy wrote:
Tue Aug 28, 2018 7:03 am


Um, do you even have a computer that runs COBOL??
:shock:

(I guess I’m old, I actually know what COBOL is. :| )
I took a semester of COBOL in college. 1997.
http://dilbert.com/strip/1994-06-10

I tested out of Fortran in college.
I took Fortran, Pascal, and 8086 Machine language. ;)
Are we now stuck in a "do loop?"
Wow! This brought back memories. I took electronics classes at my local tech school. I had a lab class that involved using 8086 training boards. New ones came in which were the new Intel CPU's at the time. I think it was the 486.

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Mursili
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Re: U.S. stocks continue to soar!

Post by Mursili » Wed Aug 29, 2018 11:22 pm

perihelion wrote:
Wed Aug 29, 2018 12:04 pm
CaliJim wrote:
Mon Aug 27, 2018 8:10 pm
We need an update frequency chart.

Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet?
Here's a quick chart:

https://drive.google.com/file/d/1yV_BgG ... sp=sharing
perihelion - Welcome to the forum (if a person such as me is allowed such an honor) and thanks for the chart. Let us hope that this thread warrants such a chart in the future. Also - do not fly too close to the Sun.

Today we sold some FSTVX and bought FSGDX to keep out domestic/international allocations in line. Staying the course is straightforward when things are going well.
When it comes to havoc, no one wreaks like me! - Dr. Heinz Doofenshmirtz

CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave » Wed Aug 29, 2018 11:51 pm

cj2018 wrote:
Wed Aug 29, 2018 11:43 am

...Is the GDP number real or nominal?

If real, that’s good news. Otherwise it might indicate inflation is finally starting to accelerate...
I don't think it makes any difference whether GDP increase is stated in real or nominal terms. The 4.2% number we see today is year over year, so the most real vs. nominal could change it would be the inflation rate times the GPD increase. I.e. if inflation is 3%, a year over year GDP change would vary by 0.12% depending on whether it is real or nominal.

Since this seems to be about the accuracy that GDP increases can be measured to, it doesn't make much difference...

sc9182
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Re: U.S. stocks continue to soar!

Post by sc9182 » Thu Aug 30, 2018 8:58 am

Guess not much traction on this thread today - where as the competing "free fall" thread been going pretty strong !

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nedsaid
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Re: U.S. stocks continue to soar!

Post by nedsaid » Thu Aug 30, 2018 9:07 am

sc9182 wrote:
Thu Aug 30, 2018 8:58 am
Guess not much traction on this thread today - where as the competing "free fall" thread been going pretty strong !
6,806 for "freefall" vs. 144 for "soar."

This is getting to be "tastes great" vs. "less filling."

Edit: Darn it, up to 145 for "soar." :wink:
Last edited by nedsaid on Thu Aug 30, 2018 9:14 am, edited 1 time in total.
A fool and his money are good for business.

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ruralavalon
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Re: U.S. stocks continue to soar!

Post by ruralavalon » Thu Aug 30, 2018 9:09 am

sc9182 wrote:
Thu Aug 30, 2018 8:58 am
Guess not much traction on this thread today - where as the competing "free fall" thread been going pretty strong !
That may be because the market is not soaring this morning, the S&P 500 index is down 0.15% today so far :( .

But the market is not in free fall either :) .

Do we need a new thread for "the market is drifting around and not doing much"?
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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pokebowl
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Re: U.S. stocks continue to soar!

Post by pokebowl » Thu Aug 30, 2018 9:39 am

ruralavalon wrote:
Thu Aug 30, 2018 9:09 am
Do we need a new thread for "the market is drifting around and not doing much"?
U.S. stocks continue to meh?

:mrgreen:
There is nothing more expensive than something offered for free.

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HomerJ
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Re: U.S. stocks continue to soar!

Post by HomerJ » Thu Aug 30, 2018 9:45 am

roymeo wrote:
Mon Aug 27, 2018 7:17 pm
GoldStar wrote:
Mon Aug 27, 2018 6:34 pm
I sometimes wonder why I've spent the last 9 years rebalancing - I would have been far better off if I had just let the equities ride all these years!
I would have been far better off only buying the winners, too!
(cept I wouldn't sleep at night)
I try not to think about the fact that I would be retired right now if we hadn't paid off the house and had been 80/20 this whole time. :)

But I did sleep very well at night with the house paid off and at 50/50. Still doing great and would have been fine if the market had crashed instead.
The J stands for Jay

CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave » Thu Aug 30, 2018 10:29 am

willthrill81 wrote:
Wed Aug 29, 2018 8:30 pm
CurlyDave wrote:
Wed Aug 29, 2018 4:58 pm
Well, our portfolio soared 1.57% today.
What do you own that went up that much today? Individual stock holdings?
We hold both index funds and individual stocks.

I am a strong believer that investors need to have some "fun money" which can be used for whatever they want. Maybe I have been very lucky with the fun money, or maybe I should have been a stock analyst, but the money that went into the fun account has become close to 50% of our portfolio. During the accumulation phase we put 10-20% of new money into the fun account. Have not made any changes there in a few years. We have a position in AAPL that we have held for 20 years, AMZN and GOOG that are maybe 2 years old.

We hold ETFs rather than funds, and I moved from SPY to QQQ about 5 years ago.

We suffered with international ETFs for a long time, but after a lot of thought moved to XBI and FFTY (I am a fan of Investors Business Daily).

I will probably take flak for these holdings, but the portfolio balance is a good consolation prize.

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