GutterBoy 2,896 Posted March 31, 2023 2 minutes ago, Hardcore troubadour said: I was just looking for some input. And considering, despite our acrimony, I don’t think you’re an ignorant doofus, I just thought maybe there could be some conversation. Yeah, I know I sling the poo too. Whatever. My thoughts are that we will be fine the next few years. I don't think we're gonna get a collapse, I dont think we'll see much growth either. Share this post Link to post Share on other sites
Hardcore troubadour 13,902 Posted March 31, 2023 11 minutes ago, GutterBoy said: My thoughts are that we will be fine the next few years. I don't think we're gonna get a collapse, I dont think we'll see much growth either. It would be great if you worked in watching the piece. Or anyone else for that matter. Like I said, it’s PBS, not some right wing outfit. I have always thought frontline was the best thing they do. Not perfect, and I have disagreed. They did one years ago called “The Warning”. I read and watched a lot about the 2008 financial crisis. It captivated me for a while. That was the best piece I saw on it. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted March 31, 2023 11 minutes ago, Hardcore troubadour said: It would be great if you worked in watching the piece. Or anyone else for that matter. Like I said, it’s PBS, not some right wing outfit. I have always thought frontline was the best thing they do. Not perfect, and I have disagreed. They did one years ago called “The Warning”. I read and watched a lot about the 2008 financial crisis. It captivated me for a while. That was the best piece I saw on it. Do you get a commission every time someone watches your link? WTF Share this post Link to post Share on other sites
Bert 1,125 Posted March 31, 2023 I think the Dow is going to get to 35000-36000 in the next 18 months. All that investing in 2020-2022 is going to pay off handsomely. Share this post Link to post Share on other sites
thegeneral 2,387 Posted March 31, 2023 I get playing around with a portion of investments, making some bets, guesses, speculating etc…but for majority of money - time in the market rather than timing the market is the way to go IMO. Share this post Link to post Share on other sites
tubby_mcgee 698 Posted March 31, 2023 2 hours ago, Bert said: I think the Dow is going to get to 35000-36000 in the next 18 months. All that investing in 2020-2022 is going to pay off handsomely. History says you are correct. But then of course history is not guarantee of future performance. Share this post Link to post Share on other sites
avoiding injuries 1,329 Posted March 31, 2023 18 minutes ago, tubby_mcgee said: History says you are correct. But then of course history is not guarantee of future performance. It used to be. Then the big guy came along Share this post Link to post Share on other sites
Patented Phil 1,168 Posted March 31, 2023 Contrary to popular belief, stocks don’t always go up, even in a long-term setting. If you invested $1M in stocks in 1965 and cashed out in 1982, you would have lost $30,000. Share this post Link to post Share on other sites
Patented Phil 1,168 Posted March 31, 2023 7 hours ago, GutterBoy said: Already up 2%, with 8 weeks to go. Nice call so far Dickk. Head. Always. Share this post Link to post Share on other sites
Horseman 1,906 Posted March 31, 2023 8 hours ago, GutterBoy said: Actually I don't care about gas prices because I barely drive, also I can afford gas when I do. Also I'm smart enough to know that we're never seeing $2.50g again anyway, so now I'm not gonna throw a hissyfit until it gets back there. Because you barely drive? Gas prices affect the prices of almost everything else dummy. Share this post Link to post Share on other sites
tubby_mcgee 698 Posted March 31, 2023 1 hour ago, Patented Phil said: If you invested $1M in stocks in 1965 and cashed out in 1982, you would have lost $30,000. Stocks? As in.....?? Like what stocks? Any and all? Share this post Link to post Share on other sites
Patented Phil 1,168 Posted March 31, 2023 25 minutes ago, tubby_mcgee said: Stocks? As in.....?? Like what stocks? Any and all? Dow Jones Industrial Average Share this post Link to post Share on other sites
nobody 2,393 Posted April 1, 2023 Does anyone invest in the DOW? What was the performance of the S&P over that time? Share this post Link to post Share on other sites
nobody 2,393 Posted April 1, 2023 Also, isn't it a bit disingenuous to cherry pick that specific date range? Most people dollar cost average over decades. I know 1982 was a low, so I'll assume 1965 was a high, right? Share this post Link to post Share on other sites
easilyscan 678 Posted April 2, 2023 On 3/31/2023 at 9:52 AM, Hardcore troubadour said: PBS Frontline: The Age Of Easy Money. Just finished watching. Shows where we were, where we are and possibly where we are headed. And if we are headed where some of these people think we are, all of our leaders and institutions can take a bow. Clinton, Bush, Obama, Trump, Biden, the Fed, Banks and Wall Street, all the congresses. About two hours, no commercials. Watched it last night. Interesting, but nothing that you & I didn't already know. Just like all documentaries that cover the 2009 meltdown, & even the movies made about it ('the big short') they only call out investors, speculators, & Wall Street banks as the villains. Don't get me wrong, they were villains, but not the only ones. What none of them have the balls to cover/discuss, is the fact that without government & activist groups pressure, those bundles of millions of subprime mortgages wouldn't have been available for them to trade. This guy explains it better than I ever could. https://www.backwoodshome.com/the-meltdown-and-the-bailout-why-how-and-what-they-mean/ Share this post Link to post Share on other sites
shadrap 159 Posted April 2, 2023 3 minutes ago, easilyscan said: Watched it last night. Interesting, but nothing that you & I didn't already know. Just like all documentaries that cover the 2009 meltdown, & even the movies made about it ('the big short') they only call out investors, speculators, & Wall Street banks as the villains. Don't get me wrong, they were villains, but not the only ones. What none of them have the balls to cover/discuss, is the fact that without government & activist groups pressure, those bundles of millions of subprime mortgages wouldn't have been available for them to trade. This guy explains it better than I ever could. https://www.backwoodshome.com/the-meltdown-and-the-bailout-why-how-and-what-they-mean/ read the book, The Big Short & saw the movie twice. Amazing only about 6 people saw the 2008 crash coming. So much for stock EXPERTS. will read your link later when I have time. thanx for more info on that cluster that happened. Share this post Link to post Share on other sites
shadrap 159 Posted April 2, 2023 11 minutes ago, easilyscan said: Watched it last night. Interesting, but nothing that you & I didn't already know. Just like all documentaries that cover the 2009 meltdown, & even the movies made about it ('the big short') they only call out investors, speculators, & Wall Street banks as the villains. Don't get me wrong, they were villains, but not the only ones. What none of them have the balls to cover/discuss, is the fact that without government & activist groups pressure, those bundles of millions of subprime mortgages wouldn't have been available for them to trade. This guy explains it better than I ever could. https://www.backwoodshome.com/the-meltdown-and-the-bailout-why-how-and-what-they-mean/ Should be required reading. As usual race & politics played a big role in the meltdown. sad & preventable. 1 Share this post Link to post Share on other sites
easilyscan 678 Posted April 2, 2023 2 minutes ago, shadrap said: Should be required reading. As usual race & politics played a big role in the meltdown. sad & preventable. Yup. By 2004, many lending institutions realized Fannie & Freddie would buy up these mortgages, so they too could afford to grant these risky loans & "sell" them, along with their risks, to Fannie & Freddie. It wasn't just legal, it was what the Congress & community activists wanted. In all fairness, although the problem originated with Democratic Party policies, when the Republicans had a chance to correct it...well, they weren't going to be the bad guys who turned off the mortgage spigot. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted April 12, 2023 On 3/31/2023 at 10:57 AM, GutterBoy said: Already up 2%, with 8 weeks to go. Nice call so far Up 2.8% now, 7 weeks to go. Share this post Link to post Share on other sites
Bert 1,125 Posted April 12, 2023 1 hour ago, GutterBoy said: Up 2.8% now, 7 weeks to go. And WTI is up $1.75 You go Saudi and China with your bad selves. Share this post Link to post Share on other sites
Hardcore troubadour 13,902 Posted April 12, 2023 2 hours ago, GutterBoy said: Up 2.8% now, 7 weeks to go. . What a loser. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 On 1/5/2022 at 10:09 PM, Gladiators said: I am sitting on cash right now in anticipation of a crash. How's that working out? Share this post Link to post Share on other sites
Hardcore troubadour 13,902 Posted May 19, 2023 3 minutes ago, GutterBoy said: How's that working out? How’s your proclamations that Disney and AB will be hit fine? Oooof. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 Just now, Hardcore troubadour said: How’s your proclamations that Disney and AB will be hit fine? Oooof. Checked this morning, Disney+ still works, parks are still open, and I can still buy AB products at the store. Have a seat, gramps. Share this post Link to post Share on other sites
Hardcore troubadour 13,902 Posted May 19, 2023 2 minutes ago, GutterBoy said: Checked this morning, Disney+ still works, parks are still open, and I can still buy AB products at the store. Have a seat, gramps. Cool. And I assume your retirement is still invested in the market? Share this post Link to post Share on other sites
Gladiators 1,953 Posted May 19, 2023 2 minutes ago, GutterBoy said: How's that working out? Good. Would have worked out better had just sat on all the cash vs investing a portion. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 3 minutes ago, Hardcore troubadour said: Cool. And I assume your retirement is still invested in the market? Of course. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 Just now, Gladiators said: Good. Would have worked out better had just sat on all the cash vs investing a portion. Not sure what you invested in but the S&P is up 8% this year. Share this post Link to post Share on other sites
Gladiators 1,953 Posted May 19, 2023 Just now, GutterBoy said: Not sure what you invested in but the S&P is up 8% this year. I invested a portion between February and June of '22. I'm down 4% on those investments. Kept the rest in cash. Most is currently sitting in a MM at 4% and a portion is in a CD at 4.6%. I need to pull a large portion out in 2 1/2 years, so I don't want too much in the market. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 Just now, Gladiators said: I invested a portion between February and June of '22. I'm down 4% on those investments. Kept the rest in cash. Most is currently sitting in a MM at 4% and a portion is in a CD at 4.6%. I need to pull a large portion out in 2 1/2 years, so I don't want too much in the market. oh fock me I thought this thread started in 2023. Whoops. OK I get you. I went cash in May 22 and then back in around election day. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 On 2/21/2023 at 2:41 PM, Hardcore troubadour said: I’m calling my shot. Will see close to a 30 pct drop by June. Look at this retard Share this post Link to post Share on other sites
Gladiators 1,953 Posted May 19, 2023 Just now, GutterBoy said: oh fock me I thought this thread started in 2023. Whoops. OK I get you. I went cash in May 22 and then back in around election day. Share this post Link to post Share on other sites
Hardcore troubadour 13,902 Posted May 19, 2023 Just now, GutterBoy said: Look at this retard Looks like I’m wrong. You should try that once in a while. Share this post Link to post Share on other sites
RogerDodger 797 Posted May 19, 2023 37 minutes ago, GutterBoy said: oh fock me I thought this thread started in 2023. Whoops. Vomit has like a dozen posts in this thread. 36 minutes ago, GutterBoy said: Look at this retard 1 Share this post Link to post Share on other sites
Hardcore troubadour 13,902 Posted May 19, 2023 42 minutes ago, RogerDodger said: Vomit has like a dozen posts in this thread. He’s incredible. Just denies things that are clear as day. No shame. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 7 minutes ago, Hardcore troubadour said: He’s incredible. Just denies things that are clear as day. No shame. What am I denying? You people are so pathetic Share this post Link to post Share on other sites
Gepetto 1,175 Posted May 19, 2023 2 hours ago, GutterBoy said: oh fock me I thought this thread started in 2023. Whoops. OK I get you. I went cash in May 22 and then back in around election day. Nope. The thread started right before the crash begin. My prediction was accurate. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted May 19, 2023 1 minute ago, Gepetto said: Nope. The thread started right before the crash begin. My prediction was accurate. Except bonds got clobbered last year too. Share this post Link to post Share on other sites
Gepetto 1,175 Posted May 19, 2023 1 minute ago, GutterBoy said: Except bonds got clobbered last year too. Barely move my overall investment down compared to what the mutual funds would have. Share this post Link to post Share on other sites
GutterBoy 2,896 Posted June 2, 2023 On 2/21/2023 at 2:41 PM, Hardcore troubadour said: I’m calling my shot. Will see close to a 30 pct drop by June. Share this post Link to post Share on other sites