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Old 12-21-2023, 05:51 AM
 
4,418 posts, read 2,946,684 times
Reputation: 6068

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AAL up 17% since your post. Another one of your epic calls. LOL.

Also totally wrong with air travel demand when you said there would be a huge drop and I disagreed. Total traffic in August 2023 (measured in revenue passenger kilometers or RPKs) rose 28.4% compared to August 2022. Globally, traffic is now at 95.7% of pre-COVID levels.
https://www.iata.org/en/pressroom/20...2023-10-04-01/


Your other quotes:
"I should just concentrate on short selling, I seem to do much better here than trying to pick stocks to the long side."

"I will start shorting larger numbers of shares. There's plenty of money to be made - the market isn't jumping up any time soon."

Last edited by Berteau; 12-21-2023 at 06:20 AM..
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Old 12-21-2023, 06:32 AM
 
2,009 posts, read 1,213,420 times
Reputation: 3757
Quote:
Originally Posted by Berteau View Post
AAL up 17% since your post. Another one of your epic calls. LOL.

Also totally wrong with air travel demand when you said there would be a huge drop and I disagreed. Total traffic in August 2023 (measured in revenue passenger kilometers or RPKs) rose 28.4% compared to August 2022. Globally, traffic is now at 95.7% of pre-COVID levels.
https://www.iata.org/en/pressroom/20...2023-10-04-01/


Your other quotes:
"I should just concentrate on short selling, I seem to do much better here than trying to pick stocks to the long side."

"I will start shorting larger numbers of shares. There's plenty of money to be made - the market isn't jumping up any time soon."



LOL


it just goes on and on


the most recent best one was that one week the market went down like 2% , which is totally part of investing, and he was like "the market is waking up to the "student loan crisis" "



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Old 12-21-2023, 06:40 AM
 
Location: Pennsylvania
31,340 posts, read 14,274,675 times
Reputation: 27863
Quote:
Originally Posted by FREE866 View Post
LOL


it just goes on and on


the most recent best one was that one week the market went down like 2% , which is totally part of investing, and he was like "the market is waking up to the "student loan crisis" "



My retirement fund, which was up about 9% just a few weeks ago, is now over 12% for the year, and I'm headed towards retiring early. No worries here and no big deal if the market jumped up. Just traded ERX at a number of purchase points, saw it go down $1000 in 3 weeks, and then come roaring back, sold it earlier this week for $140 gain. Life's good! If you guys think I care about botching a call..... well I don't.
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Old 12-21-2023, 07:09 AM
 
37,624 posts, read 46,016,337 times
Reputation: 57231
Quote:
Originally Posted by BeerGeek40 View Post
My retirement fund, which was up about 9% just a few weeks ago, is now over 12% for the year, and I'm headed towards retiring early. No worries here and no big deal if the market jumped up. Just traded ERX at a number of purchase points, saw it go down $1000 in 3 weeks, and then come roaring back, sold it earlier this week for $140 gain. Life's good! If you guys think I care about botching a call..... well I don't.
Just stop making the calls and predictions. It’s silly and tiresome - like a gambler that wants to run around making bets with everyone.
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Old 12-21-2023, 07:14 AM
 
106,707 posts, read 108,880,922 times
Reputation: 80199
wouldn’t be so bad if he was correct more then wrong
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Old 12-21-2023, 07:18 AM
 
106,707 posts, read 108,880,922 times
Reputation: 80199
Quote:
Originally Posted by BeerGeek40 View Post
My retirement fund, which was up about 9% just a few weeks ago, is now over 12% for the year, and I'm headed towards retiring early. No worries here and no big deal if the market jumped up. Just traded ERX at a number of purchase points, saw it go down $1000 in 3 weeks, and then come roaring back, sold it earlier this week for $140 gain. Life's good! If you guys think I care about botching a call..... well I don't.
you say your retirement fund is up 12%

to us that means nothing "

it can represent only half of assets which mean you are up way less…

it also means that if that retirement account should have been up 25% and it isn’t then you lack the gains to cushion future down years .

it is the average of the two that make our long term return what it is.

not capture the full upside and get hit with a downside and you lack cushion for a decent average

so in any case it matters that you got half of what was given in an s&p or total market fund with zero interactions needed.

all you needed to do is stop playing around , pick an appropriate allocation and that money would’ve been in your account .

you are not adding anything of value with your constant attempts to think you know better.
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Old 12-21-2023, 07:24 AM
 
Location: Pennsylvania
31,340 posts, read 14,274,675 times
Reputation: 27863
Quote:
Originally Posted by mathjak107 View Post
you say your retirement fund is up 12%

to us that means nothing "

it can represent only half of assets which mean you are up way less…

it also means that if that retirement account should have been up 25% and it isn’t then you lack the gains to cushion future down years .

it is the average of the two that make our long term return what it is.

not capture the full upside and get hit with a downsidelcksthe cushion for a decent average

so in any case it matters that you got half of what was given in an s&p or total market fund with zero interactions needed.

all you needed to do is stop playing around , pick an appropriate allocation and that money would’ve been in your account .

you are not adding anything of value with your constant attempts to think you know better.
12% is 12% is 12% is 12% and that's all you need to know.
I'm happy with that return given what's been going on in the world.
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Old 12-21-2023, 07:27 AM
 
106,707 posts, read 108,880,922 times
Reputation: 80199
you are only fooling yourself when you say 12% is12% .

when it comes to compounding what we have it matters how much of our nest egg is getting 12% and how much is getting 4 or 5% or less then 1% .

which is why we have people tell us here they are 100% equities in discussions and have great returns .

they only want to consider their ira and 401k but in reality have only 25% in equities and 75% in a bank account .



but that’s your problem not ours

Last edited by mathjak107; 12-21-2023 at 07:38 AM..
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Old 12-21-2023, 07:42 AM
 
14,400 posts, read 14,314,448 times
Reputation: 45732
Quote:
Originally Posted by mathjak107 View Post
you are only fooling yourself when you say 12% is12% .

when it comes to compounding what we have it matters how much of our nest egg is getting 12% and how much is getting 4 or 5% or less then 1% .

which is why we have people tell us here they are 100% equities in discussions and have great returns .

they only want to consider their ira and 401k but in reality have only 25% in equities and 75% in a bank account .



but that’s your problem not ours
I'm sure some people exaggerate a bit too because they are trying to convince everyone they are doing better than they really are.
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Old 12-21-2023, 07:48 AM
 
9,406 posts, read 8,374,416 times
Reputation: 19218
Quote:
Originally Posted by ChessieMom View Post
Just stop making the calls and predictions. It’s silly and tiresome - like a gambler that wants to run around making bets with everyone.
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