Woodtick Posted January 14, 2018 Share Posted January 14, 2018 1 hour ago, DriftBusta said: Damn, thats about the 3rd time today that I don't remember saying boo to you, yet you just can't resist being the pathetic troll you've always been, speaking of the need to stfu. Some of us have higher aspirations than living off a phony disability pension and a wife who still works, in a tiny house out on the prairies of bumfuck Saskghanistan. And lets get real, docs told you to lose the weight or you were gonna die, you walking talking AIDS patient looking moron. Dave done got owned like a MOFO. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 14, 2018 Share Posted January 14, 2018 10 minutes ago, DriftBusta said: I think Moto calls what you're doing as "cognitive dissonance". Damn I must have missed the part where I claimed to be an investment genius..... but i do have the tools and resources of a company that manages over a trillion dollars of other peoples money. You don't. And you're wondering about something that you don't even know if true, let alone whether its a relevant measure for portfolio construction, which is not a one size fits all type of exercise. Protection strategies are where it gets interesting and more challenging. I try and shoot for something that will average 10+ over the past 10 (which includes the recession when it was down 40%) and 15% over the past 5 years. You need to find a new guy if they are struggling to beat inflation, hell an annuity will even do that. The word from the high net worth folks was to go into short term bonds, ie 1.5% return cause its far to risky. Its not a guy, its a script. Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted January 14, 2018 Share Posted January 14, 2018 57 minutes ago, SnowRider said: Almost as funny as seeing you get boot stomped by a liberal..... That will never happen. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 14, 2018 Share Posted January 14, 2018 6 minutes ago, ArcticCrusher said: The word from the high net worth folks was to go into short term bonds, ie 1.5% return cause its far to risky. Its not a guy, its a script. Not sure I understand what you mean. Doesn't sound like how we do biz at all. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 14, 2018 Share Posted January 14, 2018 20 minutes ago, DriftBusta said: Not sure I understand what you mean. Doesn't sound like how we do biz at all. Its the same story regardless of what investment house and its all the same script. Hedge the dollar, long term bonds and now short term. But always there is far too much risk in the equity markets. That is not professional advice, but cheap fearmongering at the expense of the naive. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 14, 2018 Share Posted January 14, 2018 Just now, ArcticCrusher said: Its the same story regardless of what investment house and its all the same script. Hedge the dollar, long term bonds and now short term. But always there is far too much risk in the equity markets. That is not professional advice, but cheap fearmongering at the expense of the naive. My standard pitch is the Dow has averaged about 8% for the past 80+ years, and thats equities. Its a big framed graph hanging on the wall in my office, so it definitely isn't part of my script I guess they do things different in Canada. You ever talk to anyone from Jones up there? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 14, 2018 Share Posted January 14, 2018 1 hour ago, DriftBusta said: I think Moto calls what you're doing as "cognitive dissonance". Damn I must have missed the part where I claimed to be an investment genius..... but i do have the tools and resources of a company that manages over a trillion dollars of other peoples money. You don't. And you're wondering about something that you don't even know if true, let alone whether its a relevant measure for portfolio construction, which is not a one size fits all type of exercise. Protection strategies are where it gets interesting and more challenging. I try and shoot for something that will average 10+ over the past 10 (which includes the recession when it was down 40%) and 15% over the past 5 years. You need to find a new guy if they are struggling to beat inflation, hell an annuity will even do that. I shoot for 10% as well but more importantly I know I'm partnered with the best and will be in the top 10% regardless of what the results will be. Most clients can't stomach a 0.5% loss, that is the norm and that is why the low returns are pushed. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 14, 2018 Share Posted January 14, 2018 2 minutes ago, DriftBusta said: My standard pitch is the Dow has averaged about 8% for the past 80+ years, and thats equities. Its a big framed graph hanging on the wall in my office, so it definitely isn't part of my script I guess they do things different in Canada. You ever talk to anyone from Jones up there? When I tell them I'm in mutual funds they tell me the fees are too high, even though I'm making 15% compared with 2% they are suggesting.oh and I'm taking too much risk. I'm good its good for a laugh. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 15, 2018 Share Posted January 15, 2018 8 hours ago, Zambroski said: Sure. Do whatever. Show me. Momo respects you. That’s all I could find. Quote Link to comment Share on other sites More sharing options...
Wildboer Posted January 15, 2018 Share Posted January 15, 2018 Um, seems great to me... If you want to eat an animal go fucking kill one ya lazy pussy. I don't even really buy meat anymore, I basically just eat it when I know who killed it and buy other, cheaper protein sources when I'm in a store. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted January 15, 2018 Share Posted January 15, 2018 7 hours ago, revkevsdi said: Momo respects you. That’s all I could find. Oh, you respect me more than he does. Admit it. It’s ok. You’d love it if I gave you some validation here. And if you ever have a correct and/or decent opinion...I just might validate it. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted January 15, 2018 Share Posted January 15, 2018 6 hours ago, Wildboer said: Um, seems great to me... If you want to eat an animal go fucking kill one ya lazy pussy. I don't even really buy meat anymore, I basically just eat it when I know who killed it and buy other, cheaper protein sources when I'm in a store. Ummmm.....is you hYe? Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 15, 2018 Share Posted January 15, 2018 6 hours ago, Wildboer said: Um, seems great to me... If you want to eat an animal go fucking kill one ya lazy pussy. I don't even really buy meat anymore, I basically just eat it when I know who killed it and buy other, cheaper protein sources when I'm in a store. Good investment strategy. Way to be on topic. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 15, 2018 Share Posted January 15, 2018 1 minute ago, Zambroski said: Oh, you respect me more than he does. Admit it. It’s ok. You’d love it if I gave you some validation here. And if you ever have a correct and/or decent opinion...I just might validate it. No one could respect you more than that shit eating cage dweller Momo. Quote Link to comment Share on other sites More sharing options...
MiSledder Posted January 15, 2018 Share Posted January 15, 2018 6 hours ago, Wildboer said: Um, seems great to me... If you want to eat an animal go fucking kill one ya lazy pussy. I don't even really buy meat anymore, I basically just eat it when I know who killed it and buy other, cheaper protein sources when I'm in a store. Quote Link to comment Share on other sites More sharing options...
Wildboer Posted January 15, 2018 Share Posted January 15, 2018 14 minutes ago, Zambroski said: Ummmm.....is you hYe? Ding, ding, ding we have a winner! I was a bit tipsy too. 14 minutes ago, revkevsdi said: Good investment strategy. Way to be on topic. Come on, it was loosely related to grocery shopping. I had a long ass day, a few beers, and a good sized joint before posting this. Quote Link to comment Share on other sites More sharing options...
Edmo Posted January 15, 2018 Share Posted January 15, 2018 14 hours ago, ArcticCrusher said: When I tell them I'm in mutual funds they tell me the fees are too high, even though I'm making 15% compared with 2% they are suggesting.oh and I'm taking too much risk. I'm good its good for a laugh. Funny, my guy always encouraged me to take more risk, as I’m conservative with money by nature. You can’t think that all advisors are the same? Quote Link to comment Share on other sites More sharing options...
Snake Posted January 15, 2018 Author Share Posted January 15, 2018 36 minutes ago, Zambroski said: Ummmm.....is you hYe? Seeking validation so early in the morning..... he must have really had a bad night. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 15, 2018 Share Posted January 15, 2018 10 minutes ago, Edmo said: Funny, my guy always encouraged me to take more risk, as I’m conservative with money by nature. You can’t think that all advisors are the same? These are the guys who call my cell phone like air-duck cleaners, except I only get about two per year from them (cleaners) unlike 12 or more from FAs. There is zero chance I would invest in anything without a track record and when I say I'm looking for 10%, I'm told that is unrealistic. Sure there are some good ones, but these smucks are pushing preservation instead of growth. Do you even know what your guy is invested in, most clients have no idea and that says something. Its not wrong to ask. This is the average investor (US, Canada is about same) return during the past 20 years. Pretty sad. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted January 15, 2018 Platinum Contributing Member Share Posted January 15, 2018 On 1/13/2018 at 11:33 AM, ICEMAN! said: Unregulated socialism doesn’t work, nor does unregulated capitalism. Opposite ends of the spectrum. The middle or just to either side of the middle works well. The middle to some is the right to others. Who determines what the "middle" is? Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 15, 2018 Share Posted January 15, 2018 1 hour ago, ArcticCrusher said: These are the guys who call my cell phone like air-duck cleaners, except I only get about two per year from them (cleaners) unlike 12 or more from FAs. There is zero chance I would invest in anything without a track record and when I say I'm looking for 10%, I'm told that is unrealistic. Sure there are some good ones, but these smucks are pushing preservation instead of growth. Do you even know what your guy is invested in, most clients have no idea and that says something. Its not wrong to ask. This is the average investor (US, Canada is about same) return during the past 20 years. Pretty sad. Thats crazy, we're not like that all. First off, I'd never recommend anything without seeing first hand what you're doing now and having a conversation about your risk tolerance, goals, etc.. Hell I just found a 6 month CD for my admin that paid 2.3% and its FDIC insured. Does anyone from Jones ever call you? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 15, 2018 Share Posted January 15, 2018 19 minutes ago, DriftBusta said: Thats crazy, we're not like that all. First off, I'd never recommend anything without seeing first hand what you're doing now and having a conversation about your risk tolerance, goals, etc.. Hell I just found a 6 month CD for my admin that paid 2.3% and its FDIC insured. Does anyone from Jones ever call you? No, but I'm good where I am right now, but like most things, it comes down more to individuals than the companies. Keep hitting it. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 15, 2018 Share Posted January 15, 2018 2 minutes ago, ArcticCrusher said: No, but I'm good where I am right now, but like most things, it comes down more to individuals than the companies. Keep hitting it. Have you looked recently at the average share price to earnings ratio of your holdings? Quote Link to comment Share on other sites More sharing options...
Wildboer Posted January 15, 2018 Share Posted January 15, 2018 2 hours ago, Snake said: Seeking validation so early in the morning..... he must have really had a bad night. The curmudgeon is triggered by some drunk posts! What a great start to the day Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 15, 2018 Share Posted January 15, 2018 2 minutes ago, revkevsdi said: Have you looked recently at the average share price to earnings ratio of your holdings? According to Morningstar 20. Quote Link to comment Share on other sites More sharing options...
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