They're not really masked around here, though... Some are proud of ignorance!Robot Monster wrote: ↑Tue Jul 07, 2020 11:47 am Someone here is gonna be an epic Boglehead-by-day, market-timer-by-night masked villian. I'm sure of it.
-TheDDC
They're not really masked around here, though... Some are proud of ignorance!Robot Monster wrote: ↑Tue Jul 07, 2020 11:47 am Someone here is gonna be an epic Boglehead-by-day, market-timer-by-night masked villian. I'm sure of it.
I like it. Sometimes this forum feels too much like an echochamber of endlessly repeating boglehead principles. We wouldn't need a forum if we all agreed to a 3 fund and be done with it.TheDDC wrote: ↑Tue Jul 07, 2020 1:43 pmThey're not really masked around here, though... Some are proud of ignorance!Robot Monster wrote: ↑Tue Jul 07, 2020 11:47 am Someone here is gonna be an epic Boglehead-by-day, market-timer-by-night masked villian. I'm sure of it.
-TheDDC
I think 100% of us are above average.Robot Monster wrote: ↑Tue Jul 07, 2020 11:26 am
Okay, fair point, though you have to wonder how people are actually investing vs how they publicly present themselves here. People might not go ahead and admit when they stray from the course.
Assuming people who make different decisions than you are ignorant of the facts disregards the possibility they just made a different decision when presented with those facts. Everyone is to some extent unique as is their financial situation and responsibilities.TheDDC wrote: ↑Tue Jul 07, 2020 1:43 pmThey're not really masked around here, though... Some are proud of ignorance!Robot Monster wrote: ↑Tue Jul 07, 2020 11:47 am Someone here is gonna be an epic Boglehead-by-day, market-timer-by-night masked villian. I'm sure of it.
-TheDDC
Given the sorry state of financial savvy in the general population, that might literally be true.firebirdparts wrote: ↑Tue Jul 07, 2020 1:55 pmI think 100% of us are above average.Robot Monster wrote: ↑Tue Jul 07, 2020 11:26 am
Okay, fair point, though you have to wonder how people are actually investing vs how they publicly present themselves here. People might not go ahead and admit when they stray from the course.
So true, I have several annuities that provide me more than I need to live. I'm retired but still in the accumulation phase. It's not my fault I was borne in the first half of the last century when defined benefit plans were the norm.TheTimeLord wrote: ↑Tue Jul 07, 2020 1:56 pm Everyone is to some extent unique as is their financial situation and responsibilities.
I think you took my examples of changes too literally, although foreign extremists (not Native Americans) did launch an attack on the World Trade Center less than 20 years ago, which shut down the NYSE for a week.Schlabba wrote: ↑Tue Jul 07, 2020 11:29 am ...I think you took "history repeats" too literal. Nobody claimed native Americans are going to launch an attach on the NYSE...
However, bubbles in prices date back many centuries. We're still exactly the same in terms of greed, fear, fear of missing out, herd mentality, and so on...
I'm gonna pick up on your theme, and buy at 300, because I like that movie. Shiller PE Ratio is at 29.72 currently. If only I could buy at 30 concurrently.
Thank you for getting this thread started again today.Robot Monster wrote: ↑Wed Jul 08, 2020 9:14 amI'm gonna pick up on your theme, and buy at 300, because I like that movie. Shiller PE Ratio is at 29.72 currently. If only I could buy at 30 concurrently.
China, China, China, it's China that has been soaring lately.Robot Monster wrote: ↑Mon Jul 06, 2020 9:30 am Funny we talking about China, because while it was +3.35% Friday, it's +6.27% as of the moment today!
I hope VOO stays above 285 until August. That is my next buy limit but I will have borrow from myself to do that. I just paid myself back from the buying I did I the first quarter. I will settle for sideways moves until them.Robot Monster wrote: ↑Wed Jul 08, 2020 9:14 amI'm gonna pick up on your theme, and buy at 300, because I like that movie. Shiller PE Ratio is at 29.72 currently. If only I could buy at 30 concurrently.
Agree. This thread makes me happy. I don't glean anything worthwhile from it... other than a good feeling... which is nice.Stinky wrote: ↑Wed Jul 08, 2020 9:28 amThank you for getting this thread started again today.Robot Monster wrote: ↑Wed Jul 08, 2020 9:14 amI'm gonna pick up on your theme, and buy at 300, because I like that movie. Shiller PE Ratio is at 29.72 currently. If only I could buy at 30 concurrently.
It's high time that we start talking about soaring stocks again!
I bought Disney shares on that day. That makes Disney my good luck stock.
For a while many years ago the Sharper Image or Hammacher Schlemmer was selling a light that would glow either green or red depending on the market, and the light could sit on your desk at the office or whatnot and cast off the vibes.dogagility wrote: ↑Wed Jul 08, 2020 12:30 pmAgree. This thread makes me happy. I don't glean anything worthwhile from it... other than good feelings... which is nice.Stinky wrote: ↑Wed Jul 08, 2020 9:28 amThank you for getting this thread started again today.Robot Monster wrote: ↑Wed Jul 08, 2020 9:14 amI'm gonna pick up on your theme, and buy at 300, because I like that movie. Shiller PE Ratio is at 29.72 currently. If only I could buy at 30 concurrently.
It's high time that we start talking about soaring stocks again!
Does it work in reverse?Robot Monster wrote: ↑Wed Jul 08, 2020 12:36 pm
...For a while many years ago the Sharper Image or Hammacher Schlemmer was selling a light that would glow either green or red depending on the market, and the light could sit on your desk at the office or whatnot and cast off the vibes.
First we need to make "Bogleheads: The Movie" in order to illustrate the epic and timeless battle against the evil market-timing hordes.CurlyDave wrote: ↑Wed Jul 08, 2020 4:58 pmDoes it work in reverse?Robot Monster wrote: ↑Wed Jul 08, 2020 12:36 pm
...For a while many years ago the Sharper Image or Hammacher Schlemmer was selling a light that would glow either green or red depending on the market, and the light could sit on your desk at the office or whatnot and cast off the vibes.
If I shine enough green light on the device does it cause the market to go up through some kind of electronic voodoo?
I can see this as the plot for a bad movie. Some evil mastermind tries to control the stock market with light rays.
Both soaring and free falling.TheTimeLord wrote: ↑Thu Jul 09, 2020 2:06 pm I am confused, is the market soaring or free falling right now? The tale of 2 markets continues.
Falling, but tech is trying to make it soar.TheTimeLord wrote: ↑Thu Jul 09, 2020 2:06 pm I am confused, is the market soaring or free falling right now? The tale of 2 markets continues.
Large cap growth makes me happy.jay22 wrote: ↑Thu Jul 09, 2020 2:13 pmFalling, but tech is trying to make it soar.TheTimeLord wrote: ↑Thu Jul 09, 2020 2:06 pm I am confused, is the market soaring or free falling right now? The tale of 2 markets continues.
So 1/3 of the haystack is up and the other 2/3 down?Stinky wrote: ↑Thu Jul 09, 2020 2:12 pmBoth soaring and free falling.TheTimeLord wrote: ↑Thu Jul 09, 2020 2:06 pm I am confused, is the market soaring or free falling right now? The tale of 2 markets continues.
Nasdaq up, S&P down.
Another solid day today. Amazon up 3%, Google 1%, others up about 0.5%. I like it when it goes sideways or up very slightly, setting a solid base leading up to Q2 earning announcements. It has been a great year so far for large cap growth this year.J G Bankerton wrote: ↑Thu Jul 09, 2020 3:14 pmLarge cap growth makes me happy.jay22 wrote: ↑Thu Jul 09, 2020 2:13 pmFalling, but tech is trying to make it soar.TheTimeLord wrote: ↑Thu Jul 09, 2020 2:06 pm I am confused, is the market soaring or free falling right now? The tale of 2 markets continues.
I have to wait until 6 PM EDT to find out how my 1/3 of the stack did; come on Larry, baby needs a new pair of shoes. I feel good about it. I must resist the urge to chase and keep my holdings 90% VOO; only down .51% .
Is that a lot? The future earnings of a company (as estimated by the market) vs. the current year's revenue of two countries is a comparison I can't quite wrap my head around.
What's cool about it is that F, one A, and G don't sell a product, and then N just sells old TV shows. I'm an N customer, but honestly I never look at it anymore (which admittedly is a good business model). One of the A's is a retailer with profit margin of 1% and and PE of a million. M that clunky monopoly we all love to hate. That just leaves 2 that actually make a product you'd want. Tesla seems like a value stock in comparison.Semantics wrote: ↑Thu Jul 09, 2020 5:03 pmIs that a lot? The future earnings of a company (as estimated by the market) vs. the current year's revenue of two countries is a comparison I can't quite wrap my head around.
If we take the Buffet Indicator to be truth and assume it also applies everywhere in the world, then the above fact is equivalent to FANGMAN being worth 25% more than all of the public companies in Germany and the UK combined. Doesn't seem terribly out of bounds.
Which A doesn't sell a product?firebirdparts wrote: ↑Fri Jul 10, 2020 9:49 am
...What's cool about it is that F, one A, and G don't sell a product, and then N just sells old TV shows. I'm an N customer, but honestly I never look at it anymore (which admittedly is a good business model). One of the A's is a retailer with profit margin of 1% and and PE of a million. M that clunky monopoly we all love to hate. That just leaves 2 that actually make a product you'd want. Tesla seems like a value stock in comparison.
https://fortune.com/2020/01/16/netflix- ... 7-billion/firebirdparts wrote: ↑Fri Jul 10, 2020 9:49 amWhat's cool about it is that F, one A, and G don't sell a product, and then N just sells old TV shows. I'm an N customer, but honestly I never look at it anymore (which admittedly is a good business model). One of the A's is a retailer with profit margin of 1% and and PE of a million. M that clunky monopoly we all love to hate. That just leaves 2 that actually make a product you'd want. Tesla seems like a value stock in comparison.Semantics wrote: ↑Thu Jul 09, 2020 5:03 pmIs that a lot? The future earnings of a company (as estimated by the market) vs. the current year's revenue of two countries is a comparison I can't quite wrap my head around.
If we take the Buffet Indicator to be truth and assume it also applies everywhere in the world, then the above fact is equivalent to FANGMAN being worth 25% more than all of the public companies in Germany and the UK combined. Doesn't seem terribly out of bounds.
Netflix has no plans to be outspent as the streaming wars get more intense.
A new forecast from BMO Capital Markets estimates the company will lay out $17.3 billion in cash for original content this year, a $2 billion increase from 2019. By 2028, the analyst firm predicts, Netflix will spend $26 billion per year on content.
You selling VOO to buy QQQ?
Are we having a "this is your brain on QQQ" moment?
Why is VOO up and QQQ and VUG down?
This is not a good description of any of these companies.firebirdparts wrote: ↑Fri Jul 10, 2020 9:49 amWhat's cool about it is that F, one A, and G don't sell a product, and then N just sells old TV shows. I'm an N customer, but honestly I never look at it anymore (which admittedly is a good business model). One of the A's is a retailer with profit margin of 1% and and PE of a million. M that clunky monopoly we all love to hate. That just leaves 2 that actually make a product you'd want. Tesla seems like a value stock in comparison.Semantics wrote: ↑Thu Jul 09, 2020 5:03 pmIs that a lot? The future earnings of a company (as estimated by the market) vs. the current year's revenue of two countries is a comparison I can't quite wrap my head around.
If we take the Buffet Indicator to be truth and assume it also applies everywhere in the world, then the above fact is equivalent to FANGMAN being worth 25% more than all of the public companies in Germany and the UK combined. Doesn't seem terribly out of bounds.
Cuz the Russell 2000 is up, and beating both the S&P and Dow, so clearly it's Opposite Day.J G Bankerton wrote: ↑Fri Jul 10, 2020 10:21 amWhy is VOO up and QQQ and VUG down?
I'm so confused.
It is easier if I just think of it as "perversity of financial markets."Robot Monster wrote: ↑Fri Jul 10, 2020 10:31 amCuz the Russell 2000 is up, and beating both the S&P and Dow, so clearly it's Opposite Day.J G Bankerton wrote: ↑Fri Jul 10, 2020 10:21 amWhy is VOO up and QQQ and VUG down?
I'm so confused.
I don't like the word "perversity". Has too many unseemly connotations.CurlyDave wrote: ↑Fri Jul 10, 2020 10:44 amIt is easier if I just think of it as "perversity of financial markets."Robot Monster wrote: ↑Fri Jul 10, 2020 10:31 amCuz the Russell 2000 is up, and beating both the S&P and Dow, so clearly it's Opposite Day.J G Bankerton wrote: ↑Fri Jul 10, 2020 10:21 amWhy is VOO up and QQQ and VUG down?
I'm so confused.
My VZ is kicking butt, that is as opposite as one can get. Verizon is my former employer, I hold it for semantical reasons. Sadly I can't eat sentiment.Robot Monster wrote: ↑Fri Jul 10, 2020 10:31 amCuz the Russell 2000 is up, and beating both the S&P and Dow, so clearly it's Opposite Day.J G Bankerton wrote: ↑Fri Jul 10, 2020 10:21 am Why is VOO up and QQQ and VUG down?
I'm so confused.
But can you eat semantics?J G Bankerton wrote: ↑Fri Jul 10, 2020 1:14 pm I hold it for semantical reasons. Sadly I can't eat sentiment.
Up 10% in today's session - insanity!
That's awesome . Wait, i hear TSLA share price will pass AMZN price ahahaja.Gufomel wrote: ↑Fri Jul 10, 2020 2:43 pm I bought Tesla a few weeks ago just for the fun of it (a fractional share equal to about 0.03% of my portfolio haha). It’s my only individual stock I’ve ever bought. It’s up 120% since I bought. It’d probably be better if Musk announces bankruptcy tomorrow so I don’t get the idea that I have any idea what I’m doing picking stocks, because I don’t.
In this market right now, if anyone declares bankruptcy their stock will triple by the end of the day.Gufomel wrote: ↑Fri Jul 10, 2020 2:43 pm I bought Tesla a few weeks ago just for the fun of it (a fractional share equal to about 0.03% of my portfolio haha). It’s my only individual stock I’ve ever bought. It’s up 120% since I bought. It’d probably be better if Musk announces bankruptcy tomorrow so I don’t get the idea that I have any idea what I’m doing picking stocks, because I don’t.