Black Monday

[Rawz]

US large Cap Growth (USG) hit a new all time high today. Up 47 per cent year to date. *Sigh* wish I was smart enough to pick stocks, sick of having to use these boring old ETFs. Still, we can't all be stock pickers. I'm happy to work within my limitations.

Amazing that it is at an all time high just as rates are about to cycle back down over the years ahead.

[SailorRob]

Amazing that it is at an all time high just as rates are about to cycle back down over the years ahead.

You know the future direction of interest rates?

The first person in all of recorded history, congratulations.

[Rawz]

You know the future direction of interest rates?

The first person in all of recorded history, congratulations.

Fed said rate cuts next year so im kinda cheating lol

[bull....]

I don't know anything except that we'll over 90% of professional investors cannot beat the index.

So how could I hope to?

your obviously talking about trading otherwise what a load of rubbish. many long term investors beat the index , just need the right stock ( many could name but here a few

eg monster beverage 39% annualized return

apple 37%
nvidia 33%
etc etc way better than sp 500 index at say 10% annualized

long term stock picking make you way richer

[bull....]

US large Cap Growth (USG) hit a new all time high today. Up 47 per cent year to date. *Sigh* wish I was smart enough to pick stocks, sick of having to use these boring old ETFs. Still, we can't all be stock pickers. I'm happy to work within my limitations.

great returns bob , you must be very happy. obviously these etf's meet your goals and suit your personality

[Bobdn]

Thanks Bull but overall I'm only up 15 per cent ytd, net of fees and taxes. I have that ETF but also others like NZG and Australian resources. Plus some bonds that have only recently done ok. The ASX has picked up steam but is still only 8 per cent up ytd. So throw it all together and its 15 percent.

15 per cent is more than enough to keep me in Home Brand coffee and Value milk.

NZG - are NZ shares still in an actual bear market? It looks that way.

[SailorRob]

Fed said rate cuts next year so im kinda cheating lol

Historically, how have rates actually followed what the fed has said they will do?

[SailorRob]

your obviously talking about trading otherwise what a load of rubbish. many long term investors beat the index , just need the right stock ( many could name but here a few

eg monster beverage 39% annualized return

apple 37%
nvidia 33%
etc etc way better than sp 500 index at say 10% annualized

long term stock picking make you way richer

Can you name 5 of these many investors?

And can you point me to data that proves I'm wrong that over 90% don't? As this is a very well known statistic. Virtually everyone knows this...

[SailorRob]

Fed said rate cuts next year so im kinda cheating lol

Didn't our governer say to the banks to prepare their systems for negative rates in 2019??

Check out the historical dot plots of fed speak vs what actually happens...

Learn people learn as much as you can.

[Rawz]

Didn't our governer say to the banks to prepare their systems for negative rates in 2019??

Check out the historical dot plots of fed speak vs what actually happens...

Learn people learn as much as you can.

Still wait they say moves rates. Swaps have dropped 100 points in last week n a bit