Search found 2784 matches

by Cortopassi
Fri Mar 05, 2021 4:40 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 4053
Views: 235138

Re: Coronavirus General Discussion

FYI. Yeah! Not sure my daughter and her friends will be thrilled, but it is about time.

Image
by Cortopassi
Fri Mar 05, 2021 1:11 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

From a year and a half ago -- me and you.... ;) So you were willing to wait a few months..... ----------------------- --------------------- mj, of course you've never gotten burned in these trades, right? You just wait them out? What's the longest you held a losing trade? Or are you so good at timin...
by Cortopassi
Fri Mar 05, 2021 1:05 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 4053
Views: 235138

Re: Coronavirus General Discussion

sophie, do you not have data to answer the graph question, or do you have me on ignore? Just wondering I'm not saying you do, all I am trying to get across is I take ALL stuff Covid with a grain of salt, both the ok to open 100% and the we have to be masked for 2 more years. It's somewhere in the mi...
by Cortopassi
Fri Mar 05, 2021 12:58 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

If you have time, go back to the first few profuse months of posting mj had on this forum. You will see we rehash these same arguments over and over and over and over.

O0
by Cortopassi
Fri Mar 05, 2021 12:21 pm
Forum: Gold
Topic: Copper
Replies: 5
Views: 95

Re: Copper

That sounds like WAY too much work, man.
by Cortopassi
Fri Mar 05, 2021 9:25 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

I grew up in an nyc housing project..we were quite low end financially . But I promised myself I will never raise my own family in one . So early on I learned all I could about investing once I started working . At one point I had 3 jobs going on just to have money to invest . I was an hvac tech in...
by Cortopassi
Fri Mar 05, 2021 9:02 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Is 100% stocks objectively better than the standard PP? --Depends on the timeframe, right? --Also heavily depends on the mj "pucker" factor. I had zero guidance in investing growing up. My parents did not have money to invest. I am able to change that for my kids, hopefully for the better. My guidan...
by Cortopassi
Thu Mar 04, 2021 6:54 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

I say if they don’t have the pucker factor then they should hire someone else to handle the job for them ... Probably a smart idea. But not in my DNA. If I can do something myself, I will rarely pay someone else -- yardwork, car repair, house repairs, appliance repair. And for those we are talking ...
by Cortopassi
Thu Mar 04, 2021 4:23 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

These discussions about how the PP sucks always come up at these times. And mj (and budd esp. on gold) are major negatory commenters on the pp. No disrespect. I have no problem with it, after years I am used to it. I keep on commenting because I hope to instill in younger investors that stocks aren'...
by Cortopassi
Thu Mar 04, 2021 3:13 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

vincent_c wrote:
Thu Mar 04, 2021 3:11 pm
mathjak107 wrote:
Thu Mar 04, 2021 2:51 pm
At zero rates cash is peeing in the ocean when the three heavy weights dive
Isn't cash an option on buying all the other assets at a discounted price?

If we could price that, then cash would be going up in relative value.
Excellent point. Dry powder always/usually available in the PP.
by Cortopassi
Thu Mar 04, 2021 2:51 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Also, (and this works for me...maybe not anyone else) I have to continuously remind myself that I didn't really earn any of that money I made over the last two years. I didn't have to wake up early, or bleed or sweat for any of it....I sort of won it. So really from the standpoint of honesty it was...
by Cortopassi
Thu Mar 04, 2021 1:58 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Getting crushed all over today.... :-[ Exactly my point about the pp .....when the flight to safety assets show their metal I may feel better about the pp but so far no cigar The only safety is in cash right now.(guess it's not trash after all)...everything is down even crypto is taking it on the c...
by Cortopassi
Thu Mar 04, 2021 12:59 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Getting crushed all over today.... :-[
by Cortopassi
Thu Mar 04, 2021 12:59 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Everytime I'm convinced that an asset is doomed, that should be a strong signal for me to buy. Yes. I went back a few years ago and analyzed 20 years of trades. If I did the exact opposite of what I did, I would have come out significantly better on the individual stock and option trading I did.
by Cortopassi
Thu Mar 04, 2021 11:35 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

The interesting and "by now we should know and anticipate this," thing is that TLT and gold both always overcorrect both ways. I mean, right now it seems like they have been going down non-stop, and we are waiting for a bounce, which we got one on Friday, but then basically continued on their merry ...
by Cortopassi
Thu Mar 04, 2021 8:13 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

My pp variant is down 3.02% for the year. Not that I'm looking every day...! I ran across Ken Fisher's The Only Three Questions that Still Count book, and he's got some gems in there, especially the fact that investors usually perceive losses much more negatively than they perceive gains positively....
by Cortopassi
Wed Mar 03, 2021 5:36 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

If you look at the drawdown % and length of time to recover for a standard PP being much more shallow and shorter than, say, a 100% stock allocation, history at least seems to show that the differing assets are helping to shore up the pp during bad times. I know you can argue this time it's differen...
by Cortopassi
Wed Mar 03, 2021 3:54 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

The gains it needs to recuperate on Gld and tlt from where they were is getting higher and higher ....those poor soles that bought near the top may take years to get whole. Those who had nice balances in august may have similar long waits to see them again as Tlt and Gld keep sucking away the gains...
by Cortopassi
Wed Mar 03, 2021 3:21 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

mj, I recall over the years here that you ebb and flow on the pp and generally have been negative on it. Yet you still dabble in it and complain when it doesn't go your way, and post clips of your gains when your trading does work out. Just like you discount the drawdown graphs, I have to discount t...
by Cortopassi
Wed Mar 03, 2021 2:51 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

It's not perceived, is it? Did you guys read Tyler's latest? https://portfoliocharts.com/2021/03/02/how-to-survive-and-make-money-in-the-matrix/ I would gladly have given up the extra gains if it allowed me to make it through periods like dot com bust and the financial crisis without stress and gyra...
by Cortopassi
Wed Mar 03, 2021 1:19 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Hey, I'm not saying you did things wrong -- I'm the one who did it wrong in a million ways for 25 years. But getting close to 54, and certainly not wanting to work until 65, at least as an engineer, I cannot afford, mentally, being into stocks more than my current 30%. I have nearly half a lifetime ...
by Cortopassi
Wed Mar 03, 2021 12:34 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

2020 Income model 12% , growth model 34% .I used a mix of the two 2019 was income model 13% growth model 30% Ok, so lazy old me, in the PP, got a hair over 20% in 2020. If you use a mix, I'll say 50/50 but you can correct, you got 23%. 2019 I got 18.66%, you got 19.5%. I don't know if you roll in y...
by Cortopassi
Wed Mar 03, 2021 12:29 pm
Forum: Other Discussions
Topic: Why a housing scarcity?
Replies: 14
Views: 149

Re: Why a housing scarcity?

Sure hope lending rules haven't been loosened along with all of this again.... In my area, houses seem to go under contract immediately, and the few that I have spoken to got a few thousand over asking price. So who is buying in a state that is losing people? Are buyers coming out to Buffalo Grove ...
by Cortopassi
Wed Mar 03, 2021 12:04 pm
Forum: Other Discussions
Topic: Why a housing scarcity?
Replies: 14
Views: 149

Re: Why a housing scarcity?

Sure hope lending rules haven't been loosened along with all of this again....

In my area, houses seem to go under contract immediately, and the few that I have spoken to got a few thousand over asking price.
by Cortopassi
Wed Mar 03, 2021 11:53 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 58882

Re: mathjak's daytrading adventures

Hey it is your guys' money! All I can say is I have followed mj's trades here with jealousy, because you were so adept at getting in and out with profits. Until now, at least for some amount of time. Just cements, for me, what I've known since I entered the pp in 2014. If I tried to do what mj has ...