Search found 9 matches

by oldtom01
Mon May 13, 2019 11:02 am
Forum: Skills & Tools Questions
Topic: BIFL kitched knife that won't break a budget?
Replies: 25
Views: 4511

Re: BIFL kitched knife that won't break a budget?

I own 3 chef's knifes and gave a 4th this year as a gift. 1. A generic wusthof knockoff. Decent knife, but I've never loved it. I've never been able to get it wicked sharp. The steel is "gummy" a common criticism of lower quality stainless knife steels, if you've ever sharpened high carbon and then ...
by oldtom01
Fri Apr 12, 2019 8:41 am
Forum: Money Questions
Topic: S&P 500 Price Increase over time
Replies: 9
Views: 2307

Re: S&P 500 Price Increase over time

My index money is in a 401k w/out many options. I'm just happy they have an indexed fund at all.

That's 60% of our wealth at this point, the rest of it is a mix of bonds, cash, and stocks that I like to think of as "diversified" :) but are probably just a barely aimed shotgun blast of my own biases.
by oldtom01
Thu Apr 11, 2019 1:18 pm
Forum: Money Questions
Topic: S&P 500 Price Increase over time
Replies: 9
Views: 2307

Re: S&P 500 Price Increase over time

What follows is some only barely related rambling: Thanks everyone for your thoughts. My curiosity grew out of Jacob's link from the 10 yr outlook thread plus re-reading some basic FIRE assumptions about the 7% rule. I grabbed the numbers from Jacob's link and saw what TheDollar saw, actual return i...
by oldtom01
Wed Apr 10, 2019 12:53 pm
Forum: Money Questions
Topic: S&P 500 Price Increase over time
Replies: 9
Views: 2307

S&P 500 Price Increase over time

Jacob's link to the S&P prices over time got me to wondering, and I'm not sure if I'm phrasing this right, but what accounts for the hockey stick growth of the S&P post ww2? Yes, I googled, but the answers didn't really make a ton of sense to me, maybe someone here can dumb it down for me. You can s...
by oldtom01
Wed Nov 28, 2018 11:39 am
Forum: Money Questions
Topic: Hussman shows a risk of 50-66% [US stock]market losses
Replies: 39
Views: 7738

Re: Hussman shows a risk of 50-66% [US stock]market losses

Lets return to the final piece of advice which was "avoid strategy creep" + that now is a good time to WRITE DOWN your investment reasoning so you can remind yourself when/if the market does go down^H^H^H^H^H^Hdoes something unexpected. I've prepared a brief statement that fits on an index (ha!) ca...
by oldtom01
Tue Nov 13, 2018 10:16 am
Forum: Money Questions
Topic: Hussman shows a risk of 50-66% [US stock]market losses
Replies: 39
Views: 7738

Re: Hussman shows a risk of 50-66% [US stock]market losses

The author's funds have poor returns. Why couldn't he figure out how to make a positive return in a 10 year bull market? Doesn't that call his complex reasoning into question? I wish the markets were rational. Investing would be a lot easier. Lol. I wish I had looked at his fund performance before ...
by oldtom01
Mon Nov 12, 2018 3:47 pm
Forum: Money Questions
Topic: Hussman shows a risk of 50-66% [US stock]market losses
Replies: 39
Views: 7738

Re: Hussman shows a risk of 50-66% [US stock]market losses

I was just talking to a friend today about how we've both lived, and taken our lumps!, through 2 recessions and how right now feels more like late 2000 than late 2000. January 2001 featured a Super Bowl with several DotCom ads and just months later it was all a smoking hole in the ground. Similarly ...
by oldtom01
Fri Jun 22, 2018 10:04 am
Forum: Money Questions
Topic: GE booted from DJIA does that change your Dogs of the Dow holding
Replies: 11
Views: 1517

Re: GE booted from DJIA does that change your Dogs of the Dow holding

As I said it's a very small and experimental part of my over-all portfolio. A learn by doing thing. I asked this question here because Jacob and others here seem to take the DoD seriously as an investment strategy for beginners. The question about GE vis-a-vis DOD is not about whether or not GE is a...
by oldtom01
Wed Jun 20, 2018 11:40 am
Forum: Money Questions
Topic: GE booted from DJIA does that change your Dogs of the Dow holding
Replies: 11
Views: 1517

GE booted from DJIA does that change your Dogs of the Dow holding

Hi All. I have a small part of my over all portfolio following a strict DoD program as an experiment. Yesterday the DJIA de-listed GE meaning it can no longer, by definition, be on the Dogs of the Dow list. Normailly if a company falls off the list mid-year, you just sell it at the end of the year a...