S&P 500 Hits Four-Year High
#1
Team Owner
Thread Starter
S&P 500 Hits Four-Year High
![Woot](https://acurazine.com/forums/images/smilies/woot.gif)
I hope it keeps up.
#3
Team Owner
Thread Starter
![rofl](https://acurazine.com/forums/images/smilies/rofl.gif)
#4
Team Owner
Originally Posted by SDCGTSX
Talk to fdl first, he says it's better if the S&P went down a lot so that he can buy it AFTERWARDS with the cash that he's saved up in the mean time.
![Spit](https://acurazine.com/forums/images/smilies/spit.gif)
#7
Actually, all joking aside, the hardest part of trying to time the market on its way down is knowing when the bottom has hit, which is why 99% of people CAN'T stomach trying to buy in the way down.
Like trying to catch a falling dagger they say. If you catch at the hilt, you're good, but chances are....
Like trying to catch a falling dagger they say. If you catch at the hilt, you're good, but chances are....
Trending Topics
#8
Suzuka Master
Join Date: Jun 2003
Location: SoCal
Age: 49
Posts: 8,333
Likes: 0
Received 0 Likes
on
0 Posts
at my "relative" young age, i'd have to side with FDL on this one. i'd prefer the market stay stagnant, or even go down...maximizing my current dollar purchase power.
of course, this is from purely a long-term retirement vantage point. i do have shorter term ETFs and mutual funds, so i'm happy to have those go up.
of course, this is from purely a long-term retirement vantage point. i do have shorter term ETFs and mutual funds, so i'm happy to have those go up.
![Tongue](https://acurazine.com/forums/images/smilies/tongue.gif)
#9
Every one of you that wants the market to stay down/real estate market have that opinion because you dont know the advantage of investment.
You can out pace inflation with ease if you invest wisely and end up with more in the long run. MUCH more.
You should also know that just because the "stock market" goes down, doesnt mean your dollar buys you more, nor controls inflation.
They should really make some more economics classes mandatory.
You can out pace inflation with ease if you invest wisely and end up with more in the long run. MUCH more.
You should also know that just because the "stock market" goes down, doesnt mean your dollar buys you more, nor controls inflation.
They should really make some more economics classes mandatory.
#10
Senior Moderator
Originally Posted by SDCGTSX
Talk to fdl first, he says it's better if the S&P went down a lot so that he can buy it AFTERWARDS with the cash that he's saved up in the mean time.
No, see unlike you and Steel I know the difference between a cashable investment like stocks, and a non-cashable investment like your primary home. The more you compare stocks to your primary home the more you show me your ignorance.
#11
Originally Posted by fdl
No, see unlike you and Steel I know the difference between a cashable investment like stocks, and a non-cashable investment like your primary home. The more you compare stocks to your primary home the more you show me your ignorance.
Now that doesnt help the situation at all.
What you fail to realize is a thing called real net worth. Real net worth INCLUDES fixed properties (or slightly fixed in the case of a primary home).
As I already told you, the reason you dislike the market going up is because you have a fixed income. When you dont have a fixed income you like the market going up because the cost difference is negligible because the percentage is where it's at.
I understand your point, but you fail to recognize that a non-fixed wage earner doesnt care if the prices go up and it costs more numerical dollars, the percent is the same.
Last edited by Steel; 07-15-2005 at 01:06 PM.
#12
Senior Moderator
Do you guys know how to read?
Seriously? Do you?
I do realize " a thing called real net worth". My formula simply demonstrated that if your objective is to get into a bigger home, the real estate market going down helps you. Regardles of "net worth" or other numbers that exist on paper.
What? This statement doesnt even make sense. And no i dont have a "fixed income"
Once again, this statement doesnt make sense or perhaps is not in english.
Guys, dont hijack this thread any further. Take it to the real estate thread.
![Doh](https://acurazine.com/forums/images/smilies/doh.gif)
Originally Posted by Steel
What you fail to realize is a thing called real net worth. Real net worth INCLUDES fixed properties (or slightly fixed in the case of a primary home).
As I already told you, the reason you dislike the market going up is because you have a fixed income. When you dont have a fixed income you like the market going up because the cost difference is negligible because the percentage is where it's at.
I understand your point, but you fail to recognize that a non-fixed wage earner doesnt care if the prices go up and it costs more numericle dollars, the percent is the same.
Guys, dont hijack this thread any further. Take it to the real estate thread.
#13
Originally Posted by fdl
Do you guys know how to read?
Seriously? Do you?
I do realize " a thing called real net worth". My formula simply demonstrated that if your objective is to get into a bigger home, the real estate market going down helps you. Regardles of "net worth" or other numbers that exist on paper.
What? This statement doesnt even make sense. And no i dont have a "fixed income"
Once again, this statement doesnt make sense or perhaps is not in english.
Guys, dont hijack this thread any further. Take it to the real estate thread.
![Doh](https://acurazine.com/forums/images/smilies/doh.gif)
I do realize " a thing called real net worth". My formula simply demonstrated that if your objective is to get into a bigger home, the real estate market going down helps you. Regardles of "net worth" or other numbers that exist on paper.
What? This statement doesnt even make sense. And no i dont have a "fixed income"
Once again, this statement doesnt make sense or perhaps is not in english.
Guys, dont hijack this thread any further. Take it to the real estate thread.
Do you know what a numericle dollar is? It's what you're complaining about, the difference between 250k reinvestment and 150k reinvestment.
#15
Originally Posted by fdl
No, but i bet english is not your first language. Am I right?
Putz.
I guess the good part is that if you were right the market's would all be in negative digits. I guess the market maker's are missing out on something you know.
#16
Originally Posted by fdl
No, see unlike you and Steel I know the difference between a cashable investment like stocks, and a non-cashable investment like your primary home. The more you compare stocks to your primary home the more you show me your ignorance.
#17
A home is not a liquid asset in any sense of the phrase, however compared to other fixed assets it is "more" liquid.
Stocks are liquid because they are marketable and sellable in a matter of seconds.
Stocks are liquid because they are marketable and sellable in a matter of seconds.
#20
I don't know how old fdl is but he's probably 30-35? Buying his first home in Toronto which means it's worth about as much as my bedroom, and making some really bad observations that he thought was brilliant, so my guess is that he isn't an economics major or finance guy. Probably a computer guy who thinks he discovered some magical formula for making money in the markets... Education level? I'd say mediocre college.
#21
Originally Posted by SDCGTSX
I don't know how old fdl is but he's probably 30-35? Buying his first home in Toronto which means it's worth about as much as my bedroom, and making some really bad observations that he thought was brilliant, so my guess is that he isn't an economics major or finance guy. Probably a computer guy who thinks he discovered some magical formula for making money in the markets... Education level? I'd say mediocre college.
His formula is so flawed it's ridiculous, so flawed that he can't even have an argument with it. Yet he's promulgated his formula in a 7 page thread.
#22
Senior Moderator
Originally Posted by SDCGTSX
I don't know how old fdl is but he's probably 30-35? Buying his first home in Toronto which means it's worth about as much as my bedroom, and making some really bad observations that he thought was brilliant, so my guess is that he isn't an economics major or finance guy. Probably a computer guy who thinks he discovered some magical formula for making money in the markets... Education level? I'd say mediocre college.
So now you guys have resorted to insulting my education, my financial situation. my grammer. Calling me a putz. Anything else?
Your comment about the Toronto real estate market proves your ignorance, because it is one of the highest in North America.
You go on and on about how flawed my formula is, yet you cant post one single post where you can find or point out the flaw. You just blow smoke. No I'm not a finance major, I just started crunching numbers and came up with what I think is an interesting point. So far, noone has been able to discount the fact.
#23
Senior Moderator
Originally Posted by Steel
I hate to take pot shots but I agree.
His formula is so flawed it's ridiculous, so flawed that he can't even have an argument with it.
His formula is so flawed it's ridiculous, so flawed that he can't even have an argument with it.
![Roll Eyes](https://acurazine.com/forums/images/smilies/rolleyes.gif)
#24
Senior Moderator
Originally Posted by SDCGTSX
HAAAAAAAAAAAAAAAAAAAA. Both are cashable. Just sell it. Stocks are more liquid than homes but both are quite cashable. Name calling is the ultimate showing of ignorance.
Your primary home is not considered cashable. And you are giving me a hard time about not being an economics major?
![Roll Eyes](https://acurazine.com/forums/images/smilies/rolleyes.gif)
Thread
Thread Starter
Forum
Replies
Last Post
joflewbyu2
5G TLX (2015-2020)
139
10-08-2015 11:16 AM