TolmiePeak
TUG Member
- Joined
- Dec 16, 2023
- Messages
- 737
- Reaction score
- 573
- Location
- Seattle
- Resorts Owned
- MVC Waiohai Beach Club, HGVC Elara
How many of those categories do you fit into?
you are a legend in your own mind with a following of oneDo not want to deal with the government and all their regulations and jerks who think they know it all. Happy just where I am and if I can help others not to get crushed with a system I devised for myself, it makes the world a better place. Because if everyone's ships don't rise, revolution is around the corner
Plus the is no reason for people to buy a hedge fund when they can do it themselves.
Another thing I do that will freak out the know-it-all snobs who sit on Mt. Olympus looking down at the rest of us peons. I gladly and enjoy playing the game of catching a falling knife.
That means as a stock or ETF falls, I continue to buy it as it falls. We are constantly told by the experts not to do it. As usual I ignore them and do it and I get excellent results in the end.
Before commission free trades and fractional trades, it was harder to do. But now it is much easier to do.
That would mean I would have to deal with the government, lawyers, accountants and people who cannot control their spending. No thank you. I am perfectly content with my simple life and earning my 10-11% average per year over the long term and not deal with any of them. Plus, this is a simple concept that people can do for themselves and do not need me once they understand it and I am glad to share it.Keep grabbing those falling knives!
But seriously, you should be running your own mutual fund or sell your "system" and make the big bucks
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View attachment 105335
https://www.nytimes.com/2022/12/02/business/stock-market-index-funds.html
I cannot read the article. Does it mention that they compared risk adjusted returns? The indexes have also been beaten the hedge funds because the hedge funds hedge their risk like I do.Keep grabbing those falling knives!
But seriously, you should be running your own mutual fund or sell your "system" and make the big bucks
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View attachment 105335
https://www.nytimes.com/2022/12/02/business/stock-market-index-funds.html
i don't watch saturday night live but I do come to this thread for my weekly dose of comedy.Today is another example how the elite know it all snobs have no common sense or are so narcissistic that they have to complicate things with complex wording, math and trading so that you think they are smarter than you.
They do not understand how I make money when I have a bull and bear. That it evens itself out. Yeah, they are right, for the first minute then one pulls away.
Today the bull PLTR was up 23.99%. The bear PLTD was down 23.88%. A small gain of 0.11%. I did a little better of 0.16%. I pulled the 23.99 % profit and split it. Half into the PLTD and half into the treasury floating rate which is my safety net and paying over 4%.
I do not match the market during a bull market because of this but I do match it by increasing my safety net and dividends. Then when there is a bear market, I just pass it by and have the safety net and dividends to take advantage of the fire sale. Thus how I beat the market over a bull and bear cycle.
Not hard for people to do for themselves and once again it takes 5 minutes a day after you spent a few hours setting up your portfolio.
Enjoy your laugh because I will have the last laugh over someone who thinks it is funny to share how to diversify to protect yourself.i don't watch saturday night live but I do come to this thread for my weekly dose of comedy.
Enjoy your laugh because I will have the last laugh over someone who thinks it is funny to share how to diversify to protect yourself.
Someone like this makes it so much EASIER during stock market crashes NOT TO FEEL GUILTY when others are watching their lives destroyed and I am still standing and growingi don't watch saturday night live but I do come to this thread for my weekly dose of comedy.
Enjoy your last laugh - Diversify !!
(but not with rotating pizzas and falling knives)
.i always do especially during crashes
View attachment 105580
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Why work so hard? Just buy VOO and forget about it.Someone like this makes it so much EASIER during stock market crashes NOT TO FEEL GUILTY when others are watching their lives destroyed and I am still standing and growing
Oh, you just don't understand. This renter guy (girl?) is so much smarter than the rest of us. Even much smarter than 99% of professional fund managers, because s/he claims to consistently beat the market. I've wondered why s/he is not a multi-billionaire by now, as anyone who can do that along with a little leverage absolutely should be in at least the top 100 richest people on the planet. Seems like renter is slumming, hanging around with the rest of us knuckle-draggers.Why work so hard? Just buy VOO and forget about it.
He has never claimed to beat the market if you read what he posted earlier (not the last post). He sleeps better at night by not having all the gains the rest of us who buy S&P 500 index funds. He cannot stomach large drops as he thinks his life will be destroyed.Oh, you just don't understand. This renter guy (girl?) is so much smarter than the rest of us. Even much smarter than 99% of professional fund managers, because s/he claims to consistently beat the market. I've wondered why s/he is not a multi-billionaire by now, as anyone who can do that along with a little leverage absolutely should be in at least the top 100 richest people on the planet. Seems like renter is slumming, hanging around with the rest of us knuckle-draggers.
Kurt
all he has to do his publish his audited data and someone might pay him attention. as it is he's just the thread mascot. or court jester.He has never claimed to beat the market if you read what he posted earlier (not the last post). He sleeps better at night by not having all the gains the rest of us who buy S&P 500 index funds. He cannot stomach large drops as he thinks his life will be destroyed.
Yawn - you’re picking up nickles in front of a steamroller. It works for awhile - until it doesn’t and you’re giving away a big chunk of returns in the form of trading fees.Today is another example how the elite know it all snobs have no common sense or are so narcissistic that they have to complicate things with complex wording, math and trading so that you think they are smarter than you.
They do not understand how I make money when I have a bull and bear. That it evens itself out. Yeah, they are right, for the first minute then one pulls away.
Today the bull PLTR was up 23.99%. The bear PLTD was down 23.88%. A small gain of 0.11%. I did a little better of 0.16%. I pulled the 23.99 % profit and split it. Half into the PLTD and half into the treasury floating rate which is my safety net and paying over 4%.
I do not match the market during a bull market because of this but I do match it by increasing my safety net and dividends. Then when there is a bear market, I just pass it by and have the safety net and dividends to take advantage of the fire sale. Thus how I beat the market over a bull and bear cycle.
Not hard for people to do for themselves and once again it takes 5 minutes a day after you spent a few hours setting up your portfolio.
Because you have to take the rollercoaster ride. I can match that over a Bull and Bear cycle without the rollercoaster ride and always have something up and all it takes is 5 minutes a day. I can spend 5 minutes on my life savingsWhy work so hard? Just buy VOO and forget about it.
You are correct but when a market crash comes, I will pass the index funds and beat the market over a bull and bear cycle. There are plenty of examples of people who had their life destroyed because of market crashes.He has never claimed to beat the market if you read what he posted earlier (not the last post). He sleeps better at night by not having all the gains the rest of us who buy S&P 500 index funds. He cannot stomach large drops as he thinks his life will be destroyed.
Good for you. But thanks, but no thanks, not for me. All I want is a steady 10% return so I am willing to not gamble and willing to give up 1000% gains when 10% gains work for me.Yawn - you’re picking up nickles in front of a steamroller. It works for awhile - until it doesn’t and you’re giving away a big chunk of returns in the form of trading fees.
Either own the index or be prepared to do some deep fundamental analysis and then buy and hold. I bought into PLTR a couple of years ago when it got ridiculously cheap and it looked like the world was getting more dangerous (the technology and military applications are pretty amazing).
My cost basis is $7.63/share. I’ve now sold a bunch in the last week so my position is now down to a measly 350 shares (was 1500 when I bought in). With your method I would have likely missed returns of over 1000%. Problem is I now need to figure out where to put the cash.
There are plenty of examples of people who had their life destroyed because of market crashes.
You are correct but when a market crash comes, I will pass the index funds and beat the market over a bull and bear cycle. There are plenty of examples of people who had their life destroyed because of market crashes.
Because you have to take the rollercoaster ride. I can match that over a Bull and Bear cycle without the rollercoaster ride and always have something up and all it takes is 5 minutes a day. I can spend 5 minutes on my life savings
Good for you. But thanks, but no thanks, not for me. All I want is a steady 10% return so I am willing to not gamble and willing to give up 1000% gains when 10% gains work for me.
Obviously smarter than you if you do not understand owning everything with equal amounts is not thinking your smarter than everyone else. It is knowing you're not smarter than others so protecting your ass while growing at the same time.Oh, you just don't understand. This renter guy (girl?) is so much smarter than the rest of us. Even much smarter than 99% of professional fund managers, because s/he claims to consistently beat the market. I've wondered why s/he is not a multi-billionaire by now, as anyone who can do that along with a little leverage absolutely should be in at least the top 100 richest people on the planet. Seems like renter is slumming, hanging around with the rest of us knuckle-draggers.
Kurt