[2020] A little stock market sense

[TUGBrian]

I guess at this point i have to start banning people who cant find the willpower to not inject their own politics on a timeshare forum despite agreeing to do so upon registering.

heres a tip. nothing you have ever posted about your political viewpoint, nor anything you will ever post about your political viewpoint will have someone on the other side change their mind or agree with you.

should you wish to test this theory to prove me wrong, please find another venue to make the effort.

 

[PigsDad]

Dead cat bounce today?

Kurt

 

[CalGalTraveler]

Bummer. I was going to ladder out some more today but got busy at work. Maybe next week.

 

[RENTER]

Sob Sob Sob. I am such a fool giving up gain for safety. My little 1.29 % gain today trailed all 3 indexes especially the NASDAQ and the 500 both up over 2%.

Yeah right. It beat the ETF I more closely aim for, VBAL which was up 0.91%. That is the Vanguard Balance ETF.

All 11 sectors were up. My top 3 bull winners
1. CCI up 10.37%
2. PLTR up 8.31%
3. CE up 7.46%

I only had one bear winner today and that was TBF up 0.67%

Today was like taking candy from a baby. I am watching Fast Money on CNBC and they were surprised that the market started so strong. I cannot understand why they think that. They should know the key words the algorithms react to. Knowing that you know what the computer trading is going to do, and you can take advantage especially if they all trade first then ask questions later.

 

[Carolinian]

No need to buy back in because we are nearing retirement. I have no intention of risking my retirement fund gains (and livelihood) on the stock market when I can get 4 - 6% in guaranteed return CDs and bonds.

With recent changes affecting my work and a pending pay cut for DH we may be retiring sooner than than anticipated. Batten down the hatches.

We still own stocks but this is becoming a lower percentage of our portfolio. Recent market chaos only confirms my action was correct and hastened my reduction in percentage in the stock market. Nothing is going to happen in the near future with the exception of AI. but with Deepseek who knows?

My parents did not get out of the stock market when they retired and got nailed in 2008. It is a smart move to get into something less volatile. I have owned some stocks in past years, but now totally out. We have found residential rental real estate a good place to preserve welath yet get a pretty good return, but you have to know the market you get into on that as some are more stable than others. The market in our home county is rather stable, but the fundamentals were even better two counties over, so that is where we bought most of our rental property.

With cash, one also has to assess the return available and the fundamentals of the currency including its potential to devalue. One obviously needs to avoid depreciation exceeding interest earned. Some currencies have better fundamentals than others. An example I use is that when I was in high school the British pound was $2.80 and the Swiss franc was 23 cents. Now both are a little over a dollar each. The fundamentals of the Swiss franc are still good, but their exports suffered from the franc constantly rising against the euro, used by the biggest trading partner. Seinc about 2009 or 2010, the Swiss cental bank has deliberately depressed any prospect for rises in their currency against the euro. A son of one of my good friends handles currencies in a hedge firm and one of his favorites is the Norwegian kronor.

Holding foreign currencies has become more difficult for Americans. For many years, one has had to file annual forms with the IRS on your foreign bank accounts, but that is just a nuisance. More problematic were requirements placed on foreign banks that held accounts of Americans that were contained in the Affordable Care Act, aka Obamacare. Many western European banks simply quit dealing with Americans to avoid the hassle and closed their accounts. Even most Swiss banks will no longer open accounts for Americans. Eastern European banks, however, often responsed that the US Congress had no authority to make them do anything and have continued to allow Americans to open accounts. When I was working there full time, I was aware that Romania, Bulgaria, Moldova, and Hungary still allowed Americans to open accounts. I had acounts in banks in two of those countries myself and retained one after I started doing just short term projects there. At least two of those allowed accounts in Swiss francs, as well as follars, euros and local currency and that inclufed CD's. Interest rates on CD's tended to be higher, sometimes significantly higher than US banks. One has to do research on the soundness of foreign banks, of course.

We seriously looked into putting some money in Norwegian kronor, but Norway's own laws make it difficult for an American to open an account there, without even getting to the Affordable Care Act problem. We could not find a bank in a third country where we could get an account or CD in Norwegian kronor. While we could do FX speculation, that is not what we wanted to do.

The answer was two currencies that have FX crosses, gold and silver. Unfortunately, they have no interest but they lack counterparty risk. And as J.P.Morgan once said "Gold is money, everything else is credit".

 

[Brett]

My parents did not get out of the stock market when they retired and got nailed in 2008. It is a smart move to get into something less volatile. I have owned some stocks in past years, but now totally out. We have found residential rental real estate a good place to preserve welath yet get a pretty good return, but you have to know the market you get into on that as some are more stable than others. The market in our home county is rather stable, but the fundamentals were even better two counties over, so that is where we bought most of our rental property.

With cash, one also has to assess the return available and the fundamentals of the currency including its potential to devalue. One obviously needs to avoid depreciation exceeding interest earned. Some currencies have better fundamentals than others. An example I use is that when I was in high school the British pound was $2.80 and the Swiss franc was 23 cents. Now both are a little over a dollar each. The fundamentals of the Swiss franc are still good, but their exports suffered from the franc constantly rising against the euro, used by the biggest trading partner. Seinc about 2009 or 2010, the Swiss cental bank has deliberately depressed any prospect for rises in their currency against the euro. A son of one of my good friends handles currencies in a hedge firm and one of his favorites is the Norwegian kronor.

Holding foreign currencies has become more difficult for Americans. For many years, one has had to file annual forms with the IRS on your foreign bank accounts, but that is just a nuisance. More problematic were requirements placed on foreign banks that held accounts of Americans that were contained in the Affordable Care Act, aka Obamacare. Many western European banks simply quit dealing with Americans to avoid the hassle and closed their accounts. Even most Swiss banks will no longer open accounts for Americans. Eastern European banks, however, often responsed that the US Congress had no authority to make them do anything and have continued to allow Americans to open accounts. When I was working there full time, I was aware that Romania, Bulgaria, Moldova, and Hungary still allowed Americans to open accounts. I had acounts in banks in two of those countries myself and retained one after I started doing just short term projects there. At least two of those allowed accounts in Swiss francs, as well as follars, euros and local currency and that inclufed CD's. Interest rates on CD's tended to be higher, sometimes significantly higher than US banks. One has to do research on the soundness of foreign banks, of course.

We seriously looked into putting some money in Norwegian kronor, but Norway's own laws make it difficult for an American to open an account there, without even getting to the Affordable Care Act problem. We could not find a bank in a third country where we could get an account or CD in Norwegian kronor. While we could do FX speculation, that is not what we wanted to do.

The answer was two currencies that have FX crosses, gold and silver. Unfortunately, they have no interest but they lack counterparty risk. And as J.P.Morgan once said "Gold is money, everything else is credit".

Perhaps, but as Warren Buffett (cousin of Jimmy) once said .........

https://www.longtermtrends.net/stocks-vs-gold-comparison/

 

[jabberwocky]

My parents did not get out of the stock market when they retired and got nailed in 2008. It is a smart move to get into something less volatile. I have owned some stocks in past years, but now totally out. We have found residential rental real estate a good place to preserve welath yet get a pretty good return, but you have to know the market you get into on that as some are more stable than others. The market in our home county is rather stable, but the fundamentals were even better two counties over, so that is where we bought most of our rental property.

With cash, one also has to assess the return available and the fundamentals of the currency including its potential to devalue. One obviously needs to avoid depreciation exceeding interest earned. Some currencies have better fundamentals than others. An example I use is that when I was in high school the British pound was $2.80 and the Swiss franc was 23 cents. Now both are a little over a dollar each. The fundamentals of the Swiss franc are still good, but their exports suffered from the franc constantly rising against the euro, used by the biggest trading partner. Seinc about 2009 or 2010, the Swiss cental bank has deliberately depressed any prospect for rises in their currency against the euro. A son of one of my good friends handles currencies in a hedge firm and one of his favorites is the Norwegian kronor.

Holding foreign currencies has become more difficult for Americans. For many years, one has had to file annual forms with the IRS on your foreign bank accounts, but that is just a nuisance. More problematic were requirements placed on foreign banks that held accounts of Americans that were contained in the Affordable Care Act, aka Obamacare. Many western European banks simply quit dealing with Americans to avoid the hassle and closed their accounts. Even most Swiss banks will no longer open accounts for Americans. Eastern European banks, however, often responsed that the US Congress had no authority to make them do anything and have continued to allow Americans to open accounts. When I was working there full time, I was aware that Romania, Bulgaria, Moldova, and Hungary still allowed Americans to open accounts. I had acounts in banks in two of those countries myself and retained one after I started doing just short term projects there. At least two of those allowed accounts in Swiss francs, as well as follars, euros and local currency and that inclufed CD's. Interest rates on CD's tended to be higher, sometimes significantly higher than US banks. One has to do research on the soundness of foreign banks, of course.

We seriously looked into putting some money in Norwegian kronor, but Norway's own laws make it difficult for an American to open an account there, without even getting to the Affordable Care Act problem. We could not find a bank in a third country where we could get an account or CD in Norwegian kronor. While we could do FX speculation, that is not what we wanted to do.

The answer was two currencies that have FX crosses, gold and silver. Unfortunately, they have no interest but they lack counterparty risk. And as J.P.Morgan once said "Gold is money, everything else is credit".

Can’t you just open a US brokerage account that supports multiple currencies if you want to avoid the FBAR reporting rules and yet hold different currencies?

I use the Canadian branch of an American brokerage (the technology platform and forex features are the same). I currently hold a mixture of EUR, USD, HKD, JPY and GBP. I’ve been in a negative cash position on the CAD for quite some time as I’ve been able to see the writing on the wall there.

 

[Brett]

Dead cat bounce today?

Kurt

Maybe - or maybe not

https://finance.yahoo.com/news/tell-market-selloff-hit-bottom-112900314.html

 

[RENTER]

For those who think my posts are not a laughing matter and are curious about what I do. I use Schwab and Fidelity.

If you want to slice the index 500 into the 11 sectors. I use Fidelity. You can use fractional commission free trades to buy them as low as $5. I cannot do that at Schwab. I have to use the share price and not an amount I want to buy them with.

However, at Schwab, I buy all individual 500 stocks in the index 500. There I can buy them with fractional commission free trades as low as $5.

It will take you less than an hour to buy all 500. You can buy 30 at a time by checking off a box of the 30 you want to buy. They list them alphabetically or within a sector. So you just scroll down and check off the box.

Now if you want to hedge using bears and not bonds, you can buy energy, financial and real shorts. At Fidelity I buy the real estate and financial short ETF's. Because at Fidelity I can buy them at $5 a time commission free. At Schwab I have to use the share price.

There is no energy short ETF. It only comes in a mutual fund. Both Schwab and Fidelity have it but I buy it at Schwab. Fidelity wants $15,000 while Schwab only wants $100. I hate making big commitments.

That leaves the other 8 sectors not having a bear to hedge against. So I total up the amount I have in them and divide it by 3. Then I put each third in three short ETF's, an index 500, a DOW and a NASDAQ.

I go further than this, but this should be the easiest part to understand and do. What I do not is slice up the small caps, international and emerging market indexes. I have not learned how to hedge them. So, I just buy those 3 index funds and then the 3 short ETF's that match them. I buy them at Fidelity because I can by them for $5 where as Schwab I have to use the share price. But I always keep a look out for new products that may allow me to do it in the future.

Those $5 commission free trades make it easier to do something the experts tell you not to do. Catch a falling knife as the price falls. In a previous post, I mentioned MPW. I was buying it every day since last fall as the price collapsed. It then rebounded 58%. Because I was buying down, I only had a 16% gain. But that was in 6 months, and I was buying more shares and this Reit is a good dividend payer.

Now this may not be for everyone. But it is a logical common-sense way that takes the gambling out of the market. You have to wonder about anyone who mocks it and should they be taken seriously.

 

[Brett]

For those who think my posts are not a laughing matter and are curious about what I do. I use Schwab and Fidelity.

If you want to slice the index 500 into the 11 sectors. I use Fidelity. You can use fractional commission free trades to buy them as low as $5. I cannot do that at Schwab. I have to use the share price and not an amount I want to buy them with.

However, at Schwab, I buy all individual 500 stocks in the index 500. There I can buy them with fractional commission free trades as low as $5.

It will take you less than an hour to buy all 500. You can buy 30 at a time by checking off a box of the 30 you want to buy. They list them alphabetically or within a sector. So you just scroll down and check off the box.

Now if you want to hedge using bears and not bonds, you can buy energy, financial and real shorts. At Fidelity I buy the real estate and financial short ETF's. Because at Fidelity I can buy them at $5 a time commission free. At Schwab I have to use the share price.

There is no energy short ETF. It only comes in a mutual fund. Both Schwab and Fidelity have it but I buy it at Schwab. Fidelity wants $15,000 while Schwab only wants $100. I hate making big commitments.

That leaves the other 8 sectors not having a bear to hedge against. So I total up the amount I have in them and divide it by 3. Then I put each third in three short ETF's, an index 500, a DOW and a NASDAQ.

I go further than this, but this should be the easiest part to understand and do. What I do not is slice up the small caps, international and emerging market indexes. I have not learned how to hedge them. So, I just buy those 3 index funds and then the 3 short ETF's that match them. I buy them at Fidelity because I can by them for $5 where as Schwab I have to use the share price. But I always keep a look out for new products that may allow me to do it in the future.

Those $5 commission free trades make it easier to do something the experts tell you not to do. Catch a falling knife as the price falls. In a previous post, I mentioned MPW. I was buying it every day since last fall as the price collapsed. It then rebounded 58%. Because I was buying down, I only had a 16% gain. But that was in 6 months, and I was buying more shares and this Reit is a good dividend payer.

Now this may not be for everyone. But it is a logical common-sense way that takes the gambling out of the market. You have to wonder about anyone who mocks it and should they be taken seriously.

just can't resist that temptation ...

https://www.wsj.com/livecoverage/st...w-in-the-index-fund-plan-qVwu33yXjeYkghKzv3fE

 

[RENTER]

just can't resist that temptation ...

View attachment 107719

https://www.wsj.com/livecoverage/st...w-in-the-index-fund-plan-qVwu33yXjeYkghKzv3fE

Still can't understand the difference between trading and rebalancing or dollar cost averaging?

 

[rapmarks]

Still can't understand the difference between trading and rebalancing or dollar cost averaging?

It would have helped if you said this in the beginning.

 

[RENTER]

It would have helped if you said this in the beginning.

been saying it from the beginning. Market timing is trying to time the market to get the 58% return from MPW. I did not. I invested daily as it fell to get that 16% return. That is rebalancing and averaging. Sadly, some people do not get it.

I get into same heated arguments on the rental threads for close to the past 4 years. One who did not believe me finally said in a recent post that I earned the right to say I told you so.

 

[rapmarks]

been saying it from the beginning

I asked you how you choose the stocks in your portfolio and you told me how stupid I was

 

[RENTER]

I asked you how you choose the stocks in your portfolio and you told me how stupid I waslease share where I called you stupid. If I remember correctly, you did not understand why there were winners and losers and I did not understand why you did not understand that. If I am wrong on my relocations, I apologize.

Please share where I called you stupid. I do not remember that.

I generally do not pick stocks. I pick all 11 sectors of the index 500 and all their subsectors that covers all the economy.

I then buy all the major indexes that has a bull and bear. Dow, NASDAQ, Small cap, midcap, international, emerging market, China, Long Term Treasuries, Immediate Term Treasuries, High Yield Bonds

I then buy individually the 73 financial stocks, 31 real estate stocks and the 22 energy stocks in the index 500 because there is a financial, real estate and energy short I can hedge them
against

I then buy those stocks that have a bull and bear. The magnificent 7, Broadcom, Plantar, Taiwan Semi Conductor. Coin, Micron, AMD, Netflix

Then there is a Bitcoin Bull and Bear and a Fintech Bull and bear

Then there are 12 treasury ETFs ranging from floating rate to 30 year along with an inflation proof.

I do not consider that picking. I call it covering my ass and covering every aspect of the economy Having both growth and dividends. Having both bulls and bears. Just keeping equal amounts in each and spending 5 minutes a day keeping them balanced.

Maybe someone wants to do it quarterly but I do it every day. Friday was a perfect example. I mentioned that was like taking candy from a baby. Because by now people should know once the word correction is mentioned the algorithms will kick in and go on mass buying.

The correction was on Thursday and I was buying the bulls on Thursday. The bulls soared on Friday while I was buying the bears. The question now is if Friday was a fake rally and the downturn will continue. Or is the downturn over. I do not know. So, I play it both ways.

As I type this, futures for tomorrow are down.

You may wonder why I have all those financial, real estate and energy stocks instead of just the sector index. Because each one can get better results than the others despite being in the same category. Especially if their management sucks. When the other sectors have a bear, I will do the same for them, slice them up into the individual stocks in the sector.

 

[letsgobobby]

"Also I ignore all fees, especially of my 2-3x leveraged funds, and all bid-ask spreads, and all the stupid taxes I pay from this incredibly tax inefficient strategy. You'll remind me I just said that it's better to do this in a taxable account instead of a 401k type account because I can tax loss harvest, even though that ignores the value of tax deferred compounding and the extremely low expense ratios found in many institutional 401k funds and your company match and the ability to leverage your tax rates across the lifecycle and the ability to do strategic Roth conversions before RMDs and social security income have kicked in... but magically I still do not have to worry about any taxes because I am a genius and you all are silly first graders."

 

[Brett]

https://www.wsj.com/economy/slumpin...-the-economy-spending-by-the-wealthy-c23cabd4

"Falling stock prices could siphon the fuel out of two key engines of recent U.S. prosperity: robust spending by households and capital investment by businesses"


"The S&P gained 53% over 2023 and 2024, both reflecting and sustaining a strong economy.

"Some signs suggest spending might be sagging

"Many people have a rough dollar target in mind for retirement. So if falling stocks make it harder to reach that target, consumers could cut back on spending to make up the

.


difference

 

[RENTER]

If you still do not understand why I want to own each of the 73 financial stocks, each of the 31 real estate stocks and each of the 22 energy stocks in the index 500, if you know the history of ValuJet then you have your answer.

ValuJet was a discount airline that became popular and drove down the stock price of major airlines. That was until it crashed into the Everglades in 1996. Then the stock price of those other airlines recovered.

You don't have to go back to ValuJet. People complain about the share prices of Cisco and Intel going nowhere for years. Where did the business go when Bud Light and Target screwed up and made many of their customers upset.

Not every stock in a sector goes up at the same time. I do not try to guess which. I own everything and let the market tell me. Now when they develop bears for the other 8 sectors, I will do the same and slice them up.

Also, since trades can be as little as $5 and free, no reason others can't do it unless they don't want to.

I assume for some people this is illogical reasoning that will make them laugh.

 

[RENTER]

Daily results to bring laughter to some people while I march on.

10 of 11 sectors were up. Consumer discretionary was down. Real Estate, Energy and Consumer Stables were up and did the best each up around 1.5%

My 0.41% beat the Nasdaq and VBAL.

My top 3 bull winners of the day
1. VTR up 6.37%
2. SPG up 5.45%
3. BXP up 4.78%

My top 3 bear winners
1. TSLS up 5.16%
2. NVDD up 1.98%
3. AMZD up 1.18%

Again people, making yourself into your own equal weight index is not hard to do and is not time consuming when using the $5 minimum and commission free trades.

 

[Ralph Sir Edward]

If you still do not understand why I want to own each of the 73 financial stocks, each of the 31 real estate stocks and each of the 22 energy stocks in the index 500, if you know the history of ValuJet then you have your answer.

ValuJet was a discount airline that became popular and drove down the stock price of major airlines. That was until it crashed into the Everglades in 1996. Then the stock price of those other airlines recovered.

You don't have to go back to ValuJet. People complain about the share prices of Cisco and Intel going nowhere for years. Where did the business go when Bud Light and Target screwed up and made many of their customers upset.

Not every stock in a sector goes up at the same time. I do not try to guess which. I own everything and let the market tell me. Now when they develop bears for the other 8 sectors, I will do the same and slice them up.

Also, since trades can be as little as $5 and free, no reason others can't do it unless they don't want to.

I assume for some people this is illogical reasoning that will make them laugh.

May I ask some questions?
First, when do you do your buying and selling? What time of day? From the viewpoint of someone totally outside your system, there are questions like this that are not obvious to me.
Second, when you buy/sell, it is only the amount that the position has gone up or down, correct? (In terms of currency, dollars, yen, euros, ect.) If you held $100 in a position, and it went up to $101, you would only sell $1?

 

[RENTER]

May I ask some questions?
First, when do you do your buying and selling? What time of day? From the viewpoint of someone totally outside your system, there are questions like this that are not obvious to me.
Second, when you buy/sell, it is only the amount that the position has gone up or down, correct? (In terms of currency, dollars, yen, euros, ect.) If you held $100 in a position, and it went up to $101, you would only sell $1?

Most of the time it can be anytime during the day when I find the time to sit down and log in. But there are times that I will do it at certain times of the day. That is when I expect the algorithms to trade first and ask questions later. With the jobs report I will do it at 9:30. There will be mass buying or selling at first. I will do the opposite and wait for them to ask their questions and come back to me.

Then between 3:30 and 4PM when there is mass selling like there was last Thursday. I look for 2 words, correction or bear market which will cause mass buying by the algorithms. That is what happened last Thursday. I bought when people were selling waiting for that word correction. On Friday, the algorithms kicked in and there was mass buying when the correction was confirmed.

If I want to use Schwab's stock slices, I have to get my trades before 3:45. At Fidelity I have until 4. Unless I want to get into extended trading which I do not.

As for your $100 example that is a bit extreme but yes you are correct except it would be $10. I now wait until an investment hits $1000 before I take the 10% profits.

However as extreme as it is, that is how I built up. Starting at $100 in each investment and building up the portfolio taking $10 profits from the winners and putting it into the losers. This is how I am teaching the children of my family and friends since they do not have much to invest with their babysitting and birthday money.

Now I look daily for 10% profits. Everyone has to decide for themselves what works best for them. Do it monthly, quarterly, semi annual or yearly. Take profits of 10 %, 20%, 50% or 100%.

I was born poor and did without many things. I never want to go back. I have seen to many people get wiped out because they hung on too long. So checking daily and taking 10% profits satisfies my needs to keep going forward and never looking back. For others they may need more, and they have to determine what makes them comfortable.

 

[Brett]

Most of the time it can be anytime during the day when I find the time to sit down and log in. But there are times that I will do it at certain times of the day. That is when I expect the algorithms to trade first and ask questions later. With the jobs report I will do it at 9:30. There will be mass buying or selling at first. I will do the opposite and wait for them to ask their questions and come back to me.

Then between 3:30 and 4PM when there is mass selling like there was last Thursday. I look for 2 words, correction or bear market which will cause mass buying by the algorithms. That is what happened last Thursday. I bought when people were selling waiting for that word correction. On Friday, the algorithms kicked in and there was mass buying when the correction was confirmed.

If I want to use Schwab's stock slices, I have to get my trades before 3:45. At Fidelity I have until 4. Unless I want to get into extended trading which I do not.

As for your $100 example that is a bit extreme but yes you are correct except it would be $10. I now wait until an investment hits $1000 before I take the 10% profits.

However as extreme as it is, that is how I built up. Starting at $100 in each investment and building up the portfolio taking $10 profits from the winners and putting it into the losers. This is how I am teaching the children of my family and friends since they do not have much to invest with their babysitting and birthday money.

Now I look daily for 10% profits. Everyone has to decide for themselves what works best for them. Do it monthly, quarterly, semi annual or yearly. Take profits of 10 %, 20%, 50% or 100%.

I was born poor and did without many things. I never want to go back. I have seen to many people get wiped out because they hung on too long. So checking daily and taking 10% profits satisfies my needs to keep going forward and never looking back. For others they may need more, and they have to determine what makes them comfortable.

only 10% daily profits? c'mon - you can do better !

https://www.nytimes.com/2022/12/02/business/stock-market-index-funds.html

 

[RENTER]

only 10% daily profits? c'mon - you can do better !

View attachment 107825
https://www.nytimes.com/2022/12/02/business/stock-market-index-funds.html

still don't get it I see. It is not daily. It is only when an investment goes 10% above my baseline I set for each investment and my baseline for each investment is the same except for a handful of bear investments that match the total I have in investments that do not have an equal bull to bear match.

In my MPW example, because I was catching a falling knife with it, when I took the 10% profits above my baseline, I had a 16% gain in 6 months after its 58% gain from the bottom.

 

[RENTER]

My turtle march thru the stock market continues. Up 0.13% today. That beats all 3 indexes and VBAL.

Only 2 sectors up today, energy and healthcare.

My top 3 bull winners today
1. DFS up 3.81%
2. IIPR up 2.67%
3. CTRA up 2.16%

My top 3 bear winners today
1. PLTD up 4.69%
2. TSLS up 4.12%
3. AVS up 3.75%

I have provided enough symbols that were up during this rough patch that can easily be confirmed that they were up as I claim. Enough that someone with a open mind may finally consider what I say is plausible.

But I will continue so others may come around. Just don't hold your breath expecting me to admit I am wrong. I am just as dislike with those in the rental debates. They have been waiting almost four years for me to get stopped. Now it is possible that they may eventually be correct because there are things that I cannot control. But with my stock market strategy, NEVER.

One reason I am a firm believer in slicing can be found in VBAL today. That is the 60/40 balance ETF. It was down 0.34% today. But if you had split it between the stocks and bonds, the ten-year treasury UTEN was up 0.09% today. The 30-year treasury UTHY was up 0.16% today. I saved many family members who had the balance mutual fund in 2008 which fell 22%. I told them to slice it up which they did and they were able to survive off the bond portion which was up.

Just more facts that can be confirmed. Just logic and common sense. May not be for everyone. But nothing to be laughed at and if someone does, I would be wary of their advice.

 

[RENTER]

It has been a long long time since I have seen that magnificent view of parachutes gliding a space capsule for a splash down into the ocean.

For those without MDS, one of my ETF's is XOVR. It holds Space X inside it.