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

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...

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...

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.

That sounds like WAY too much work, man.

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...

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...

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 ...

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'...

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.

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...

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...

Getting crushed all over today....

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.

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 ...

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....

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...

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...

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...

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...

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 ...

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...

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 ...

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.

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 ...