brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
Cut-Throat said:Lots of fun to watch though!
Only the first 500 times. :
Cut-Throat said:Lots of fun to watch though!
brewer12345 said:Only the first 500 times. :
sgeeeee said:This is why I don't ask for investment advice from this board.
sgeeeee said:This is why I don't ask for investment advice from this board.
wab said:Personally, I like to see what the historical data says about the "physics" of investments, and then I try to apply those laws of physics to the current environment and possible future scenarios. If nothing else, this keeps me constantly and easily entertained.
wab said:That brings up an interesting point: what is good investing advice?
Alan said:I think the only law of physics that applies to investmenting in financial markets is Heisenberg's uncertainty principal.
Cute Fuzzy Bunny said:Gosh Wab, if the current yield actually WAS at a record low, and you could guess the future, and the future was completely different from the past 35 years...you might have a point.
However, the funds yield is NOT at an all time low, you cant guess the future, and i'd guess the next 35 years to be a lot like the last 35, only all mixed up a bit differently
wab said:Ladies and Gentlemen of the jury:
REWahoo! said:Carry on...
Rich_in_Tampa said:
Clinton did it.
Cute Fuzzy Bunny said:Sorry Wab, but you're presuming that Wellesley would hold the same bonds forever, never buying new ones or exchanging older ones.
Unfortunately, thats not what happens.
We've already exhaustively determined that there is no premium in TIPS vs similar non indexed treasuries...if there were, nobody would own the "loser". Theres just a period where one may exceed the other until market pressures equalize the differential.
And there ya go with that "rates go up 1%, bonds lose 5.x% of their value" routine. Huh. Rates just went up 4%. Wellesley's nav went up. How the heck did that happen?
Well, I was talking to SATAN the other day, and she said....clifp said:Wow God has joined the thread, what is next *****?
God said:... Spelling "lose" as "loose."
riskaverse said:Thank God . . . to too is forgivable, but loose lose is not.