<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by GreenDoberman:
Buy more, then buy more. The market will go back up eventually. It may take a while, but keep up your disciplined investing and it will pay off in the long run.<HR></BLOCKQUOTE>
The mutual fund industry has you brainwashed. Take a look at your statements, the 5 yr return is negative.
Buy more, then buy more. The market will go back up eventually. It may take a while, but keep up your disciplined investing and it will pay off in the long run.<HR></BLOCKQUOTE>
The mutual fund industry has you brainwashed. Take a look at your statements, the 5 yr return is negative.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Uber Tout:
Maybe so Hanover, but dollar cost averaging works nicely in a market like this one.
UT<HR></BLOCKQUOTE>
You're making an assumption. It only works if the market subsequently goes up. There were many people who averaged there way into stocks from 1999 and all the way down through 2001. They will not see a positive return in their lifetimes.
Maybe so Hanover, but dollar cost averaging works nicely in a market like this one.
UT<HR></BLOCKQUOTE>
You're making an assumption. It only works if the market subsequently goes up. There were many people who averaged there way into stocks from 1999 and all the way down through 2001. They will not see a positive return in their lifetimes.
Yes, I am assuming that the maket will eventually go up. Like it has since it's inception.
Re: folks who averaged down through the '99 - 01 period- they'd have to have chosen some pretty horrendous stocks to "not see a positive return in their lifetime". You'd have a hard time INTENTIONALLY putting together a portfolio of 50 stocks that sucked that badly.
UT
Re: folks who averaged down through the '99 - 01 period- they'd have to have chosen some pretty horrendous stocks to "not see a positive return in their lifetime". You'd have a hard time INTENTIONALLY putting together a portfolio of 50 stocks that sucked that badly.
UT
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Uber Tout:
Yes, I am assuming that the maket will eventually go up. Like it has since it's inception.
Re: folks who averaged down through the '99 - 01 period- they'd have to have chosen some pretty horrendous stocks to "not see a positive return in their lifetime". You'd have a hard time INTENTIONALLY putting together a portfolio of 50 stocks that sucked that badly.
UT<HR></BLOCKQUOTE>
You have a very shallow interpretation of historical statistics my friend. Then you compound it by making the assumption that the past will be repeated. The assumption that the plethora of economic variables that contributed to the outcome that you feel confident in will be repeated. Beware of anyone who says that something has "always happened" and will therefore happen again. Study Monte Carlo theory and we'll talk. Good luck.
[This message was edited by hanover00 on July 22, 2004 at 01:17 PM.]
Yes, I am assuming that the maket will eventually go up. Like it has since it's inception.
Re: folks who averaged down through the '99 - 01 period- they'd have to have chosen some pretty horrendous stocks to "not see a positive return in their lifetime". You'd have a hard time INTENTIONALLY putting together a portfolio of 50 stocks that sucked that badly.
UT<HR></BLOCKQUOTE>
You have a very shallow interpretation of historical statistics my friend. Then you compound it by making the assumption that the past will be repeated. The assumption that the plethora of economic variables that contributed to the outcome that you feel confident in will be repeated. Beware of anyone who says that something has "always happened" and will therefore happen again. Study Monte Carlo theory and we'll talk. Good luck.
[This message was edited by hanover00 on July 22, 2004 at 01:17 PM.]
Uh-oh, a technical analysis-worshipper who thinks technical analysis solves all market problems... good thing you "made your fortune shorting yahoo" and don't have to make money in any conventional market
Pardon me, but I think the vocabulary you aspire to is a bit beyond your reach: what does this mean? "The assumption that the plethora of economic variables that contributed to the outcome that you feel confident in will be repeated"
I'll make you a two part deal:
1. I'll bet you $1 that the Dow 30 years from now will be higher than today's value. I'll pay you a dollar if it is at today's closing level or lower on July 22 2034.
Should be an easy bet for you, since I'm slavishly believing that "the past will be repeated"
2. I'll promise to "study Monte Carlo theory" if you pick up a Wall Sreet Journal once in awhile
UT
Pardon me, but I think the vocabulary you aspire to is a bit beyond your reach: what does this mean? "The assumption that the plethora of economic variables that contributed to the outcome that you feel confident in will be repeated"
I'll make you a two part deal:
1. I'll bet you $1 that the Dow 30 years from now will be higher than today's value. I'll pay you a dollar if it is at today's closing level or lower on July 22 2034.
Should be an easy bet for you, since I'm slavishly believing that "the past will be repeated"
2. I'll promise to "study Monte Carlo theory" if you pick up a Wall Sreet Journal once in awhile
UT
QUESTION???
What would you rather have happen??
Buy a option..be in the $$$ till the day the option expires..and on that day blow up and have the stock decline and your investment..all of it..expires..or....
Be up 2 points in FB game..watch the action..and lose while they kick the winning FG and you had pickem..
My take..I want to watch myself and the action while I win or lose my investment..The phone call at 4 on the third friday of the month..with a whisper telling me ..we are so sorry..That would bother me more..
I am not sayin..i am just sayin..
Barry Warren
What would you rather have happen??
Buy a option..be in the $$$ till the day the option expires..and on that day blow up and have the stock decline and your investment..all of it..expires..or....
Be up 2 points in FB game..watch the action..and lose while they kick the winning FG and you had pickem..
My take..I want to watch myself and the action while I win or lose my investment..The phone call at 4 on the third friday of the month..with a whisper telling me ..we are so sorry..That would bother me more..
I am not sayin..i am just sayin..
Barry Warren
