Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 03-18-2017, 08:41 PM   #21
Thinks s/he gets paid by the post
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 2,579
This thread made me curious so I found a site called stock gum shoe.com with a critique of the Stockman newsletter. The critique is based on a recommendation by Stockman to buy put options on AMZN by 1/28/16 with a claim that the strategy could produce 80-300% gain by the end of 2016. The stock actually gained about 70% in that time. It just really makes me wonder how these newsletters stay in business. OP doesn't seem like someone that would be a good candidate for a put option strategy. Anyway here's the stockgumshoe link.

http://www.stockgumshoe.com/reviews/...rash/#comments
__________________

__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

David Stockman Bubble Finance Trader
Old 03-19-2017, 03:43 AM   #22
Thinks s/he gets paid by the post
Dash man's Avatar
 
Join Date: Mar 2013
Location: Limerick
Posts: 1,321
David Stockman Bubble Finance Trader

Bubbles do happen and they do burst. You don't need to pay $2k to know that since we've all experienced at least one or two. Those selling newsletters with specific predictions and actions to take are hacks and should be avoided. Personally, I believe we will see a major financial event again in my lifetime (I'm 60). But only a fool thinks anyone can predict the when or what exactly will happen. So I keep diversified in stocks, hold on to enough cash to get me through several years of a down market and to buy when it is low. I stay out of debt. I minimize exposure to mutual funds because they're forced to sell stocks or bonds at low prices when the fearful demand to pull their money out in a panic. I completely avoid bond funds. The bonds and notes I do own are in Treasury Direct. I own rental property and even some precious metals, but the gold and silver is only about one percent of my investable assets. My stocks are mostly dividend stocks in sound companies selling products or services people will need no matter how bad things get. However I also own some growth stocks, since as I said earlier, no one can predict when a bubble will burst. Be diversified and you'll be fine.
__________________

__________________
Dash man is offline   Reply With Quote
Old 03-19-2017, 08:24 AM   #23
Recycles dryer sheets
 
Join Date: Apr 2016
Posts: 164
After I retire, maybe I will try to make some extra money by starting a newsletter that contains some wild-guesses about how the stock market, or various sectors, will perform. I will include some charts and graphs. I am pretty sure that some of my predictions would come true (because when I go to a casino, stand near the roulette wheel, and repeatedly guess "red" I am sometimes right). I could sell my newsletter for a lot less than Mr. Stockman, and still make some decent cash. There's only one problem: I would need to convince myself that this is an ethical way for me to make money, and I don't think I could get there.
__________________

__________________
medved is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Employment Finance vs Early Retirement Finance truenorth418 Life after FIRE 12 12-16-2015 12:18 PM
Anyone Use Fidelity Active Trader Pro? haha Stock Picking and Market Strategy 6 08-18-2007 10:48 AM
Sparse Trader Joes? cute fuzzy bunny Other topics 19 05-07-2007 11:52 AM
Trader Joes Finally Arrives In Minnesota! Danny Other topics 50 05-23-2006 03:07 PM
I'm A Stock/Bond Trader And I'm Not Ashamed Danny Other topics 9 02-23-2006 11:29 AM

 

 
All times are GMT -6. The time now is 11:54 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.