How Much Have You Lost Since The Last High? ($50k, bank, employment)

[1insider]

Originally Posted by RationalExpectations

You are anthropomorphizing. The market does not have desires. The market does not have individual urges.

But like a crowd it does have aggregate desires.

[JohnDABaptist]

watch for this ab=cd wave to complete on es futures, this is a monthly chart, this wave is bearish and will role when completed.

https://www.screencast.com/t/VOMpzad0q6

[ohio_peasant]

Originally Posted by JohnDABaptist

watch for this ab=cd wave to complete on es futures, this is a monthly chart, this wave is bearish and will role when completed.

What???

Next we'll be hearing about Fibonacci, Pythagoras and the music of the spheres?

[mathjak107]

Originally Posted by ohio_peasant

What???

Next we'll be hearing about Fibonacci, Pythagoras and the music of the spheres?

I prefer using hem lines as a guide ....short I say.

[RationalExpectations]

Originally Posted by 1insider

But like a crowd it does have aggregate desires.

I think we'll end up agreeing to disagree on this one.

[RationalExpectations]

Originally Posted by ohio_peasant

What???

Next we'll be hearing about Fibonacci, Pythagoras and the music of the spheres?

Don't forget the application of Christoffel symbols to bond ladders.

[artillery77]

Originally Posted by mathjak107

I prefer using hem lines as a guide ....short I say.

My wife makes a lot of money hemming things a bit shorter. Just swing by and she'll make those clothes look good.

[craigiri]

It's always interesting to hear folks talking as if they beat the market by a lot over decades...because they don't.

I've made 10 baggers in apple, iomega (1980's) and others. Just like with the lottery, people talk about their winners. But, really, the percentage of investors with large portfolios who have beat, for example, Fidelity Magellan fund over 40 years...has got to be in the very low single digits.

AND, almost everywhere investors are talking it seems like those people must be out in force??

Magellan has made about 14% since 1980. That means if one had 50K in it in 1980, they'd have 9.4 MILLION dollars today. Same goes with a handful of other popular mutual funds...and, of course, with Warren Buffets stuff.

So, how many of you have turned 50K into 9.4 Million over your investment careers?

Or, to use a shorter time frame, how many have turned it to 2.5M over 30 without adding anything?

At least this will let me know whose posts to read!

[mathjak107]

well the fidelity insight sector model has beaten a total market fund or s&p fund now for decades .

so has their growth model and for most of it with less volatility .

in the fidelity insight growth model 100k in 1987 when i started following it , is 3,296,000 vs 2,765,764 indexing without adding another penny .

100k in 1989 in their sector model is 4,915,983 today compared to just 2,253,000 indexing without adding another penny .

https://www.fmandi.com/about/performance/perf_s.php

this is using plain old fidelity funds .

so putting a portfolio together of funds and using different funds to better fit the bigger picture over time has been not very hard to beat just sitting in a s&p or total market fund .

portfolio's are much easier to beat indexes than funds are . fund managers s usually have restrictions on what assets they can own .portfolio's have no restrictions on them . a fund in a portfolio used through its sweet spot and swapped for a better choice may have neither beating their index . but in a portfolio by utilizing them as a team at different times they certainly can beat the index .

newsletters likefidelity insight , fidelity investor , fidelity monitor and the vanguard equivalents have been beating just sitting in an index fund for decades .

do they do it every year ? of course not , but over the long term when they miss they miss by a little but when they hit they hit by a lot more .

so despite what vanguard marketing tries to imply , it is not about beating markets every year .. it is about just missing by less and in your winning years , winning by more . you can miss 50% of the time yet over the long term if the gains are much higher then indexing in the years you beat indexing and the years you miss beating indexing miss by a little , you win .

[BeerGeek40]

Originally Posted by craigiri

It's always interesting to hear folks talking as if they beat the market by a lot over decades...because they don't.

I've made 10 baggers in apple, iomega (1980's) and others. Just like with the lottery, people talk about their winners. But, really, the percentage of investors with large portfolios who have beat, for example, Fidelity Magellan fund over 40 years...has got to be in the very low single digits.

AND, almost everywhere investors are talking it seems like those people must be out in force??

Magellan has made about 14% since 1980. That means if one had 50K in it in 1980, they'd have 9.4 MILLION dollars today. Same goes with a handful of other popular mutual funds...and, of course, with Warren Buffets stuff.

So, how many of you have turned 50K into 9.4 Million over your investment careers?

Or, to use a shorter time frame, how many have turned it to 2.5M over 30 without adding anything?

At least this will let me know whose posts to read!

You can read my posts because they are 100% honest. If I do well with a stock I'll let you know (see thread on Twitter) , and if I take a beating on something I'll also let you know. I've not beaten the markets over time, but I've also taken on less risk than your John Q Public index investor. That is a trade off I'm wiling to make.