How much longer will this bear market go on for?

renegade1

Type_45 said:

'67' handle. Markets starting to look distressed.

I can just picture him finger on the print screen button ready, full attention waiting for the perfect moment, 6820, 6810, 6802, nearly, nearly, nope... 30 mins later... 6820, 6805, 6815, 6800 arrrggghh so close.. 30 mins later 6805, 6802... this is it! I can feel it! nearly, nearly, cmon cmon.. 6801... 6799 yes! Boom! Save picture, post comment, make a cuppa. 

As i post this it's gone back up to 6850

renegade1

Here's a snapshot of Type_45's epic print screen moment vs current status. He absolutely nailed it. Well deserved cuppa

Alistair31

renegade1 said:

Here's a snapshot of Type_45's epic print screen moment vs current status. He absolutely nailed it. Well deserved cuppa

And at the same time claims to be a macro man, remember. Not interested in the trivial, the minutiae.

kuratowski

Now be fair, there's a lot of the genius mind we don't get to see (because it might move the markets).  We'll only really be able to judge properly once the book comes out.

coyrls

"Handle" seems to be a word that Type_45 has recently discovered and has been, in my opinion, over using ever since.  A bit like the discovery of what "short" meant a few months ago.

Stargunner

Type_45 said:

'67' handle. Markets starting to look distressed.

Just proves yet again that you don’t have a clue what markets are thinking.

Type_45

Another strong day for my portfolio.  Having finished +8.2% in the month of September, just 3 days into October I'm 2.4% up.  These figures include new money added to my biggest asset allocation:  cash.

My other allocations of silver stock (+4.39% today) and gold miners (+1.30% today) combined to enable my portfolio to romp over the line.

grumiofoundation

Type_45 said:

Another strong day for my portfolio.  Having finished +8.2% in the month of September, just 3 days into October I'm 2.4% up.  These figures include new money added to my biggest asset allocation:  cash.

My other allocations of silver stock (+4.39% today) and gold miners (+1.30% today) combined to enable my portfolio to romp over the line.

Are you saying you just got paid? 

Type_45

grumiofoundation said:

Type_45 said:

Another strong day for my portfolio.  Having finished +8.2% in the month of September, just 3 days into October I'm 2.4% up.  These figures include new money added to my biggest asset allocation:  cash.

My other allocations of silver stock (+4.39% today) and gold miners (+1.30% today) combined to enable my portfolio to romp over the line.

Are you saying you just got paid? 

The +2.5% growth of my portfolio this month excludes cash which I will be spending for my bills/living for the month of October.

Since when does a cash allocation only have to be money accrued up to a certain date in the past?  How old does the cash have to be?

masonic

Type_45 said:

grumiofoundation said:

Type_45 said:

Another strong day for my portfolio.  Having finished +8.2% in the month of September, just 3 days into October I'm 2.4% up.  These figures include new money added to my biggest asset allocation:  cash.

My other allocations of silver stock (+4.39% today) and gold miners (+1.30% today) combined to enable my portfolio to romp over the line.

Are you saying you just got paid? 

The +2.5% growth of my portfolio this month excludes cash which I will be spending for my bills/living for the month of October.

Since when does a cash allocation only have to be money accrued up to a certain date in the past?  How old does the cash have to be?

New contributions should have zero effect at the point you receive them. Any growth thereafter would count. There are two ways to do this, you can either unitise your portfolio or calculate the internal rate of return, for example by using your list of cashflows and the XIRR spreadsheet function. Either of these approaches would separate out investment returns from the total increase in your balance after adding money.

This snippet of the Monevator article says it all: