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Thread: Pie funds

  1. #291
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    Quote Originally Posted by Joshuatree View Post
    I think I've said it before but one of the reasons I have investments in a fund is so that I don't have a brain explosion or short term tantrum and can't fiddle with it. My Pie funds are still up re 300% atp since investing in them.
    Well said Joshua.
    Both of these statements fully reflect my / our position.

  2. #292
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    Quote Originally Posted by 777 View Post
    You had better not be up at the ice cream shop when the tide comes back in.
    Good comment 777, and certainly a risk when you bail.
    How many times have I never got back in when falling markets have turned !!

  3. #293
    Advanced Member Entrep's Avatar
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    PIE funds appeals to me, which funds do you guys recommend/are in that are still open? 10+ years investment
    BTC went to $69K and now $16K. Good thing I’ve been warning you since it was $3K! I was right!

  4. #294
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    Quote Originally Posted by Joshuatree View Post
    I think the tide may have turned already.Think I've said it before but one of the reasons I have investments in a fund is so that I don't have a brain explosion or short term tantrum and can't fiddle with it.My pie funds are still up re 300% atp since investing in them.
    Inflation at a 30 year high, strongly rising bond yields, the real prospect of world-wide stagflation, central banks around the world rushing to wind back unprecedented stimulus, stocks still at elevated level's from a 14 year bull run since the GFC, China siding with Russia and setting up the whole world for a protectionism trade battle and ever increasing supply chain problems, fuel prices at record level's acting like a giant handbrake on most of the world's economies, possibility we're in the early stages of WW3, threats of nuclear war...have I forgotten something ? What could possibly go wrong lol

    Lets get real here. Fund managers are never going to tell you to withdraw your funds because of the unprecedented challenges facing the market.
    Last edited by Beagle; 16-03-2022 at 10:35 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #295
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    There's a wall of green on mkts atm globally .. Boom.

  6. #296
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    Bear markets never go down in a straight line. Its quite common to get a bounce or two before the next leg down.
    I am hope I am wrong but looking at this objectively the wall of worry is not getting any smaller.
    Last edited by Beagle; 16-03-2022 at 11:17 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  7. #297
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    That wall of green gone with fed statement this morning.

  8. #298
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    No Sir, Dow up re 520 atm ATM, 1.55% , Dow futures similar
    Nasdaq up 3.77%! Futures up 4%, tech rebounding from big selldown

    Last edited by Joshuatree; 17-03-2022 at 09:32 AM.

  9. #299
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    Hehe made a liar out of me. Up and down like whores draws

  10. #300
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    Or a brides nighty

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