Heading under 10,000 on the way!

With a fixed slice and dice AA you do have a mechanical way of investing that does capture valuation in a sense. When stocks run up (and are relatively more expensive) you are buying bonds to "catch up". When the market falls and stocks become relatively cheaper you are buying them. In our case we were buying equities all of 2008 and most of 2009 and constantly chasing our target AA without quite getting there until late 2009. As equities took off I had to switch to buying bonds which I continued to do until last month when it was back to equities again - foreign as they had fallen the most.

I do the slice and dice AA as well. Last couple months it has been pushing me to buy international investments. This strategy does force you to buy the recently downtrodden investments, since those are the ones that will be under weighted.
 
What a day at the race track

Does anybody ever consider how rigged these markets must be?
To be balancing on such a knife edge...that someone blinks and the market crashes?
Does it not concern any of you to have a fairly large % of retirement security invested in this crap-shoot? Stocks or bonds...it's still in the same crooked game.
I mean, for God's sake....
Most top Treasury officials originate from Goldman.
Goldman is charged with fraud.
Goldman has a 100% Q1, not a single losing day. WHAT:confused:?
High speed trading is viewed as unfair, but legal,
Corporations can now "buy" their favorite politicians.
We could o on & on with this list..........

Is everyone on drugs?
Is it not even conceivable that just maybe, the USA investing public is being played for complete suckers?
30 yrs ago, if we'd read about these market issues in Venezuela, Fox News would've been crowing about how crooked that Junta was.

Where is the outrage?
 
Where is the outrage?

I don't have mine any more. Goldman Sachs called me the other day and I sold it to them so they can package it into some securitized debt instrument and slice it up into tranches and sell it off to municipal governments in unsophisticated third world countries.
 
Does anybody ever consider how rigged these markets must be?
To be balancing on such a knife edge...that someone blinks and the market crashes?
Does it not concern any of you to have a fairly large % of retirement security invested in this crap-shoot? Stocks or bonds...it's still in the same crooked game.
I mean, for God's sake....
Most top Treasury officials originate from Goldman.
Goldman is charged with fraud.
Goldman has a 100% Q1, not a single losing day. WHAT:confused:?
High speed trading is viewed as unfair, but legal,
Corporations can now "buy" their favorite politicians.
We could o on & on with this list..........

Is everyone on drugs?
Is it not even conceivable that just maybe, the USA investing public is being played for complete suckers?
30 yrs ago, if we'd read about these market issues in Venezuela, Fox News would've been crowing about how crooked that Junta was.

Where is the outrage?

I've got a circa 1974 copy of the Anarchist Cookbook I'd be glad to sell you. :cool:

So, what are the options? You've got to play in the sandbox you're in, or leave for a better one, if you can find it. The deck may be stacked, but as long as you're aware of it you can still play the game. I'm not thrilled about a lot of things, but life is much bigger than the lowlifes (however rich) that make the headlines. Karma, dude. :flowers:
 
Where is the outrage?

One word.........med's.
img_943825_0_0ff25d720d269205de68fc80b5a9b3e4.gif
 
Does anybody ever consider how rigged these markets must be?
We could o on & on with this list..........
Where is the outrage?
Where's your solution?

Is it really worth the rest of your ER life to bitch about the markets? Can you come up with some other asset allocation that doesn't require Diogenes' lamp?
 
Where's your solution?

Is it really worth the rest of your ER life to bitch about the markets? Can you come up with some other asset allocation that doesn't require Diogenes' lamp?

VIVA LA REVOLUCION! That's the only possible guiding light, YMMV etc etc
 
These few responses actually sums up American's engrained attitude pretty well.
"Pass the KY, and say Thank you very much sir"
Back in 1776, if the investing class had possesed that attitude your national sport would be cricket.
Pretty damned funny!
 
As has been asked before (by me and others), what's your alternative? Get on the internet and whine? Tell us the answers, oh outraged one! :flowers:
 
Does anybody ever consider how rigged these markets must be?
To be balancing on such a knife edge...that someone blinks and the market crashes?
Does it not concern any of you to have a fairly large % of retirement security invested in this crap-shoot? Stocks or bonds...it's still in the same crooked game.
I mean, for God's sake....
Most top Treasury officials originate from Goldman.
Goldman is charged with fraud.
Goldman has a 100% Q1, not a single losing day. WHAT:confused:?
High speed trading is viewed as unfair, but legal,
Corporations can now "buy" their favorite politicians.
We could o on & on with this list..........

Is everyone on drugs?
Is it not even conceivable that just maybe, the USA investing public is being played for complete suckers?
30 yrs ago, if we'd read about these market issues in Venezuela, Fox News would've been crowing about how crooked that Junta was.

Where is the outrage?

i'm with you brogan. the others here will be too...someday. they just havent reached their breaking point yet. we are the canaries in the cole mine.
 
i'm with you brogan. the others here will be too...someday. they just havent reached their breaking point yet. we are the canaries in the cole mine.

Well, you must concede there is a non-zero chance that the rest of us will continue being just fine. We will continue owning diversified portfolios of stocks, bonds, etc and either continue accumulating our nest egg (for those seeking to ER) or continue withdrawing an amount sufficient to live off of each year (for those currently ER'd).
 
Well, you must concede there is a non-zero chance that the rest of us will continue being just fine. We will continue owning diversified portfolios of stocks, bonds, etc and either continue accumulating our nest egg (for those seeking to ER) or continue withdrawing an amount sufficient to live off of each year (for those currently ER'd).

100% agree. brogan and i are looking macro. you are talking micro - you might be fine. as will a lot of forward looking folk -
 
Like most issues, a cure starts with accepting that there is a problem
Then a majority of the participants need to demand a change.
Then leaders needs to emerge, so common folks can follow.
Then change will happen.
It's supposed to be our country, [moderator edit]
In the USA, any demand for true change is so threatening to the establishment, that it's met with the full force of their media, highlighting those involved as being pinko wackos.
The investing public has not reached anywhere near the pain level reqd to ignore the lies & demand change. Not yet, but they will eventually.

When you have Wall St folks jumping the fence to become regulators & then jumping back to Wall St....a la Rubin.....and no outrage is expressed....clearly the pain threshold is a long way off.
I'm prepared for large helpings of pain over the next decade or two.
It's fine to disagree with one man's opinion...just be open to the fact that he may be right.....he may not. The evidence sure stacks up on my side...
 
Last edited by a moderator:
Ooooohkay.

Listen, some of us on the board have gained the (possibly mistaken) impression that the moderators occasionally refer to the "Ignore Poster" list as a means of judging who's contributing to the board... and who isn't.

I've asked questions that both of you have had a chance to answer, but you seem to be a little short on both contributions and answers.

So, since I clearly won't be missing out on any answers, and in case the moderators really do refer to the top ten on the list, you both have a nice life now.
 
Like most issues, a cure starts with accepting that there is a problem
Then a majority of the participants need to demand a change.
Then leaders needs to emerge, so common folks can follow.
Then change will happen.
It's supposed to be our country, [moderator edit]
In the USA, any demand for true change is so threatening to the establishment, that it's met with the full force of their media, highlighting those involved as being pinko wackos.
The investing public has not reached anywhere near the pain level reqd to ignore the lies & demand change. Not yet, but they will eventually.

When you have Wall St folks jumping the fence to become regulators & then jumping back to Wall St....a la Rubin.....and no outrage is expressed....clearly the pain threshold is a long way off.
I'm prepared for large helpings of pain over the next decade or two.
It's fine to disagree with one man's opinion...just be open to the fact that he may be right.....he may not. The evidence sure stacks up on my side...



Some people see a problem... where others do not...

The very big vast majority does not see the problem you do... sure, there are some very big problems right now with how much or gvmt spends... and waging war for 10 years without results... and other things... but as far as the financial system being this big racket that only 'they' win is not one...
 
Ooooohkay.

Listen, some of us on the board have gained the (possibly mistaken) impression that the moderators occasionally refer to the "Ignore Poster" list as a means of judging who's contributing to the board... and who isn't.

I've asked questions that both of you have had a chance to answer, but you seem to be a little short on both contributions and answers.

So, since I clearly won't be missing out on any answers, and in case the moderators really do refer to the top ten on the list, you both have a nice life now.

Quality advice, as always.
 
I think there are definite problems with the markets. There are casino style investors out there who really aren't investing at all. They are more like gamblers than true investors, using computer models to profit off small price discrepancies between two different assets or products. I think this type of investing probably distorts the market somewhat and probably takes a little profit away from the true investors who are trying to save for retirement but this may be offset by the big increase in liquidity of markets. Hard for me to say whether or not the gamblers are a net plus for the markets but I do know better regulation is needed, especially where leverage and exotic investment vehicles are concerned.
 
Hard for me to say whether or not the gamblers are a net plus for the markets but I do know better regulation is needed, especially where leverage and exotic investment vehicles are concerned.

Most sudies that I know about suggest that this trading overall uses liquidity rather than provides it.

Ha
 
I suppose it is all a matter of perspective: where you see canaries in a "cole" mine, others see flies in the cole slaw...

oops. that's my cat, not the carbon coal. i apologized to him :)

back to topic - i firmly believe the markets are manipulated. the plunge protection team, the flash trading, the zero interest rate policy of the fed, jpm's outsized silver short position on the comex, the fed buying up all of the trash from the nyc banks (with our checkbook), much more...

it's been a tough ten years. i only see more of the same coming. hope i'm wrong -
 
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