Liberal Forum

I remember he had an excellent time in 2020.

He told crimsongulf during the Covid crash:

“Let me guess…you went all in on Grifty…and now you’re illiquid.”

(BeEVee was saving a lot of cash to deploy to buy battered down oil)


So while the conjobZ here will gloat and mock BeeVee after election night is over…I am sure he will have the last laugh.

It’s so fun watching this show play out.

 

Q: “Why didn’t people just sell their stocks leading up to Covid?”

A: “Becuz the retards thought it was another ‘minor’ BTFD - buy the **** dip.”

And every -2% was followed by a +3% and then by a -8%

     



 

LowIQTrash » 04 Nov 2024, 7:38 pm » wrote: ↑

04 Nov 2024, 7:38 pm

Q: “Why didn’t people just sell their stocks leading up to Covid?”

A: “Becuz the retards thought it was another ‘minor’ BTFD - buy the **** dip.”

And every -2% was followed by a +3% and then by a -8%

   

If I had to pick between you and BV to be my financial advisor...even if BV offered his services for free and you charged me 2%...? 
It's no contest.
You are the real deal and he is a "hobby level" hack with a couple semesters of Econ 101 under his belt.     
 You have an understanding as to who and what drive the economic trends.
You are capable of making very  bold predictions along with your very well reasoned  explanations for why you are reading the tea leaves this way or that,
BV can only recite like a mindless  Minah Bird what [[[Bloomberg]]]...[[[WSJ]]]...[[[YAHOO]]] or [[[CNN]]] trained him to believe is true the night before he posts his spittle  at this forum ...  
 

GHETTOBLASTER » 04 Nov 2024, 7:50 pm » wrote: ↑

04 Nov 2024, 7:50 pm

If I had to pick between you and BV to be my financial advisor...even if BV offered his services for free and you charged me 2%...? 
It's no contest.
You are the real deal and he is a "hobby level" hack with a couple semesters of Econ 101 under his belt.   

I have an investing style very similar to RoaringKitty. You definitely do not want me to be your financial advisor.   

LowIQTrash » 04 Nov 2024, 7:57 pm » wrote: ↑

04 Nov 2024, 7:57 pm

I have an investing style very similar to RoaringKitty. You definitely do not want me to be your financial advisor. 

I think you would be able to shift gears for people like me very easily.
I guess you would find that a boring way to spend your time but  [[[Dan Weiner]]]  has used his knowledge of Vanguard funds to make a nice, low stress living off of low risk investors...with great results for both him and his customers.

 

GHETTOBLASTER » 04 Nov 2024, 8:03 pm » wrote: ↑

04 Nov 2024, 8:03 pm

I think you would be able to shift gears for people like me very easily.
I guess you would find that a boring way to spend your time but  [[[Dan Weiner]]]  has used his knowledge of Vanguard funds to make a nice, low stress living off of low risk investors...with great results for both him and his customers.

In a nutshell…if I were in that business (I’m not), I would recommend in this order:

Silver > Bitcoin > SPY > TLT > Cash right now.

Silver is destined to break ATH and go to $55+, possibly $65+. PSLV is a buy and hold ticker, otherwise you can obtain silver coins if you enjoy being ripped off by dealers.

Bitcoin is a bottle of beer that you shook 30 times and whose cap will be popped off soon

Everything else will generate lower but still positive returns going into 2025 except cash.

——————————-

1) Don’t short or go cash until VIX drops below 10.

2) Don’t go hunting for “high dividend” stocks. They are “high dividend” for a reason (they suck at growing business so they are killing their own capital reserves to give out dividends, I don’t give a **** what Buffett says, this is not the 1960s)

2.5) Stop taking what “legends” like Buffett say as Gospel. Buffett tells midwits to buy stocks like Coca Cola…except he bought it in the 1960s when it was like $2/share and now it’s $60.

So of course he “loves” it. 

No matter how delusional someone is, they will not say Coca Cola is going to 30x your invested capital if you bought it today and held onto it by the time you died. Impossible.

Every era has its outperformers, you don’t go digging for jewels from 60 years ago that left with the ship.

3) Don’t check your account every day, you will panic sell at the first sign of a -3% day and lose out on +35% gains months from now.

——————————————

You can sell when euphoria returns and everyone thinks they will “get rich.”

Yes, it is this easy. I did a “FA”’s work in a 5-8 minute post. 

I don’t even get why people pay financial advisors. It’s much easier than running a company or petro engineering or whatever…yet people get scared to death because their portfolio might take a -5% day here and there so they think some salesman who got his CFA (and probably cannot analyze a stock chart to save his life) will help them sleep better at night. 

Delusional.
 
 

LowIQTrash » 04 Nov 2024, 10:08 pm » wrote: ↑

04 Nov 2024, 10:08 pm

In a nutshell…if I were in that business (I’m not), I would recommend in this order:

Silver > Bitcoin > SPY > TLT > Cash right now.

Silver is destined to break ATH and go to $55+, possibly $65+. PSLV is a buy and hold ticker, otherwise you can obtain silver coins if you enjoy being ripped off by dealers.

Bitcoin is a bottle of beer that you shook 30 times and whose cap will be popped off soon

Everything else will generate lower but still positive returns going into 2025 except cash.

——————————-

1) Don’t short or go cash until VIX drops below 10.

2) Don’t go hunting for “high dividend” stocks. They are “high dividend” for a reason (they suck at growing business so they are killing their own capital reserves to give out dividends, I don’t give a **** what Buffett says, this is not the 1960s)

2.5) Stop taking what “legends” like Buffett say as Gospel. Buffett tells midwits to buy stocks like Coca Cola…except he bought it in the 1960s when it was like $2/share and now it’s $60.

So of course he “loves” it. 

No matter how delusional someone is, they will not say Coca Cola is going to 30x your invested capital if you bought it today and held onto it by the time you died. Impossible.

Every era has its outperformers, you don’t go digging for jewels from 60 years ago that left with the ship.

3) Don’t check your account every day, you will panic sell at the first sign of a -3% day and lose out on +35% gains months from now.

——————————————

You can sell when euphoria returns and everyone thinks they will “get rich.”

Yes, it is this easy. I did a “FA”’s work in a 5-8 minute post. 

I don’t even get why people pay financial advisors. It’s much easier than running a company or petro engineering or whatever…yet people get scared to death because their portfolio might take a -5% day here and there so they think some salesman who got his CFA (and probably cannot analyze a stock chart to save his life) will help them sleep better at night. 

Delusional.

thanks for the advice.
What you say about being able to relax enough to let your picks ride the waves is what separates those who usually win apart from those who are doomed to fail.
I bought quite a lot of silver during the last panic so it will be nice to see it finally be worth more than what I paid.
Dan Weiner's mutual fund  picks would have most likely outperformed my 20 minutes worth of "research" looking at 20 year performance charts...and so after looking back at his results they have been very good. 
 
 
 

LowIQTrash » 04 Nov 2024, 10:08 pm » wrote: ↑

04 Nov 2024, 10:08 pm

In a nutshell…if I were in that business (I’m not), I would recommend in this order:

Silver > Bitcoin > SPY > TLT > Cash right now.

Silver is destined to break ATH and go to $55+, possibly $65+. PSLV is a buy and hold ticker, otherwise you can obtain silver coins if you enjoy being ripped off by dealers.

Bitcoin is a bottle of beer that you shook 30 times and whose cap will be popped off soon

Everything else will generate lower but still positive returns going into 2025 except cash.

——————————-

1) Don’t short or go cash until VIX drops below 10.

2) Don’t go hunting for “high dividend” stocks. They are “high dividend” for a reason (they suck at growing business so they are killing their own capital reserves to give out dividends, I don’t give a **** what Buffett says, this is not the 1960s)

2.5) Stop taking what “legends” like Buffett say as Gospel. Buffett tells midwits to buy stocks like Coca Cola…except he bought it in the 1960s when it was like $2/share and now it’s $60.

So of course he “loves” it. 

No matter how delusional someone is, they will not say Coca Cola is going to 30x your invested capital if you bought it today and held onto it by the time you died. Impossible.

Every era has its outperformers, you don’t go digging for jewels from 60 years ago that left with the ship.

3) Don’t check your account every day, you will panic sell at the first sign of a -3% day and lose out on +35% gains months from now.

——————————————

You can sell when euphoria returns and everyone thinks they will “get rich.”

Yes, it is this easy. I did a “FA”’s work in a 5-8 minute post. 

I don’t even get why people pay financial advisors. It’s much easier than running a company or petro engineering or whatever…yet people get scared to death because their portfolio might take a -5% day here and there so they think some salesman who got his CFA (and probably cannot analyze a stock chart to save his life) will help them sleep better at night. 

Delusional.

Interesting comments on dividends... I live off mine while the principle grows...  
 

LowIQTrash » 04 Nov 2024, 7:57 pm » wrote: ↑

04 Nov 2024, 7:57 pm

I have an investing style very similar to RoaringKitty. You definitely do not want me to be your financial advisor. 

More like ******.

ROG62 » 05 Nov 2024, 7:09 am » wrote: ↑

05 Nov 2024, 7:09 am

Interesting comments on dividends... I live off mine while the principle grows...

Compare the returns (overall) if you swapped your dividend stocks with something like Apple, Nvidia, Google, Chipotle, Visa, or any well known brand that you intuitively know is growing, etc. over a certain time frame (5, 10, 15 yrs)

I suppose there is nothing wrong with dividend stocks if your only goal is income, it is just a fact that stocks yielding > 5% (what I refer to as “high yield”) tend to underperform on share appreciation for a very good reason. There are few exceptions to this rule.

This may not hold true going into 2027+ but it has since the end of 2002.
 

LowIQTrash » 04 Nov 2024, 10:08 pm » wrote: ↑

04 Nov 2024, 10:08 pm

In a nutshell…if I were in that business (I’m not), I would recommend in this order:

Silver > Bitcoin > SPY > TLT > Cash right now.

Silver is destined to break ATH and go to $55+, possibly $65+. PSLV is a buy and hold ticker, otherwise you can obtain silver coins if you enjoy being ripped off by dealers.

Bitcoin is a bottle of beer that you shook 30 times and whose cap will be popped off soon

Everything else will generate lower but still positive returns going into 2025 except cash.

——————————-

1) Don’t short or go cash until VIX drops below 10.

2) Don’t go hunting for “high dividend” stocks. They are “high dividend” for a reason (they suck at growing business so they are killing their own capital reserves to give out dividends, I don’t give a **** what Buffett says, this is not the 1960s)

2.5) Stop taking what “legends” like Buffett say as Gospel. Buffett tells midwits to buy stocks like Coca Cola…except he bought it in the 1960s when it was like $2/share and now it’s $60.

So of course he “loves” it. 

No matter how delusional someone is, they will not say Coca Cola is going to 30x your invested capital if you bought it today and held onto it by the time you died. Impossible.

Every era has its outperformers, you don’t go digging for jewels from 60 years ago that left with the ship.

3) Don’t check your account every day, you will panic sell at the first sign of a -3% day and lose out on +35% gains months from now.

——————————————

You can sell when euphoria returns and everyone thinks they will “get rich.”

Yes, it is this easy. I did a “FA”’s work in a 5-8 minute post. 

I don’t even get why people pay financial advisors. It’s much easier than running a company or petro engineering or whatever…yet people get scared to death because their portfolio might take a -5% day here and there so they think some salesman who got his CFA (and probably cannot analyze a stock chart to save his life) will help them sleep better at night. 

Delusional.

2) Don’t go hunting for “high dividend” stocks. They are “high dividend” for a reason (they suck at growing business so they are killing their own capital reserves to give out dividends, I don’t give a **** what Buffett says, this is not the 1960s)

As a general rule, particularly for amateurs, this is fair.

But if you understand bdc's, you can make very good total returns.

Blackvegetable » 05 Nov 2024, 11:43 am » wrote: ↑

05 Nov 2024, 11:43 am

As a general rule, particularly for amateurs, this is fair.

But if you understand bdc's, you can make very good total returns.

My skepticism of chasing HY stems from my memory of those who bought the likes of SPG and Altria back in 2016-2019 and took large haircuts. Seeking Alpha is particularly guilty for having tons of authors pitching “juicy yields” to gullible Boomers who “want income” desperately without factoring in capital destruction. 

These stocks took much longer to recover than the likes of Tesla, Amazon, Nvidia, etc.

Massive opportunity cost…

The only publicly traded BDC I am familiar with is ARCC and it appears to be close to fair value as of now just glancing at the stats. 

Most people are amateurs so the simpler the better. Imagine telling someone from 2017 they shouldn’t touch REITs with a 10 ft pole until April 2020. 
 

LowIQTrash » 05 Nov 2024, 12:16 pm » wrote: ↑

05 Nov 2024, 12:16 pm

My skepticism of chasing HY stems from my memory of those who bought the likes of SPG and Altria back in 2016-2019 and took large haircuts. Seeking Alpha is particularly guilty for having tons of authors pitching “juicy yields” to gullible Boomers who “want income” desperately without factoring in capital destruction. 

These stocks took much longer to recover than the likes of Tesla, Amazon, Nvidia, etc.

Massive opportunity cost…

The only publicly traded BDC I am familiar with is ARCC and it appears to be close to fair value as of now just glancing at the stats. 

Most people are amateurs so the simpler the better. Imagine telling someone from 2017 they shouldn’t touch REITs with a 10 ft pole until April 2020.

ARCC is paying 9%....it's little more than a regional commercial bank with less overhead and few fixed rate loans.


 

LowIQTrash » 04 Nov 2024, 7:35 pm » wrote: ↑

04 Nov 2024, 7:35 pm

I remember he had an excellent time in 2020.

He told crimsongulf during the Covid crash:

“Let me guess…you went all in on Grifty…and now you’re illiquid.”

(BeEVee was saving a lot of cash to deploy to buy battered down oil)

So while the conjobZ here will gloat and mock BeeVee after election night is over…I am sure he will have the last laugh.

It’s so fun watching this show play out.

Mr. Crimsongulf  illiquid? I seriously doubt that.

There is a little difference between already having the cash and saving the cash.
​​​​​​
 

Fuelman » 05 Nov 2024, 6:23 pm » wrote: ↑

05 Nov 2024, 6:23 pm

Mr. Crimsongulf  illiquid? I seriously doubt that.

There is a little difference between already having the cash and saving the cash.
​​​​​​

He probably had the bulk of his investment acct in stocks at the time. 

LowIQTrash » 05 Nov 2024, 10:44 am » wrote: ↑

05 Nov 2024, 10:44 am

Compare the returns (overall) if you swapped your dividend stocks with something like Apple, Nvidia, Google, Chipotle, Visa, or any well known brand that you intuitively know is growing, etc. over a certain time frame (5, 10, 15 yrs)

I suppose there is nothing wrong with dividend stocks if your only goal is income, it is just a fact that stocks yielding > 5% (what I refer to as “high yield”) tend to underperform on share appreciation for a very good reason. There are few exceptions to this rule.

This may not hold true going into 2027+ but it has since the end of 2002.

60% in growth, so still doing fine...

I see it as free money...
 

Aging like top tier Brandy 

@Cannonpointer  

Groggy says “He has never seen me get a prediction / forecast” right…

Retard

 

LowIQTrash » 04 Nov 2024, 7:35 pm » wrote: ↑

04 Nov 2024, 7:35 pm

I remember he had an excellent time in 2020.

He told crimsongulf during the Covid crash:

“Let me guess…you went all in on Grifty…and now you’re illiquid.”

(BeEVee was saving a lot of cash to deploy to buy battered down oil)

So while the conjobZ here will gloat and mock BeeVee after election night is over…I am sure he will have the last laugh.

It’s so fun watching this show play out.

There is a difference between gloating and facing the truth.

I do not wish for the economic doom before us.  I voted for the black lady.

I don't think Wala Kamala would have taken the criminal Peter Navarro's advice and set this economic shyt show on a big wheel spinning down the river. Proud Mary is ashes in the dumpster. We are on a Jelly Roll of doom.
 
 
 

*GHETTOBLASTER » 04 Nov 2024, 7:50 pm » wrote: ↑

04 Nov 2024, 7:50 pm

If I had to pick between you and BV to be my financial advisor...even if BV offered his services for free and you charged me 2%...? 
It's no contest.
You are the real deal and he is a "hobby level" hack with a couple semesters of Econ 101 under his belt.     
 You have an understanding as to who and what drive the economic trends.
You are capable of making very  bold predictions along with your very well reasoned  explanations for why you are reading the tea leaves this way or that,
BV can only recite like a mindless  Minah Bird what [[[Bloomberg]]]...[[[WSJ]]]...[[[YAHOO]]] or [[[CNN]]] trained him to believe is true the night before he posts his spittle  at this forum ...

Majik avatar Majik +2 04 Nov 2024, 10:14 pmLowIQTrash avatar LowIQTrash +2 04 Nov 2024, 8:58 pm

.....(....chuckle....)....


Kids,


What's the worst bet on Earth?

ROG62 » 05 Nov 2024, 9:14 pm » wrote: ↑

05 Nov 2024, 9:14 pm

60% in growth, so still doing fine...

I see it as free money...

Update?

:rofl: