How much longer will this bear market go on for?

Prism

billy2shots said:

I might be missing something but someone in Estes in SGLN would be invested in SGLN. 
I

It doesn't matter where they live or their home currency. The ETF dictates things. 

SGLN will always be in $

My SGLN is in pounds not dollars. The dollar price of an ETF, if there is one, is irrelevant to most of us - as it is with most funds. If I sold it today I would have almost 13% more money than I did at the start of the year

Type_45

Alistair31 said:

Type_45 said:

Alistair31 said:

Type_45 said:

Alistair31 said:

Type_45 said:

Prism said:

Type_45 said:

One wonders what the glossary term would be for someone who's down 10%-30% YTD suggesting that another investor doesn't know what they're doing despite the other investor being in positive territory YTD.

I would be more interested if you excluded all new money

This year gold, silver and cash are all up a bit in GBP terms
Almost everything else is down.

Gold is up +12.33% YTD

Silver is up +5.26% YTD

Your holdings…

I'm not American. All my holdings are in GBP.

As you were then.  

Weak £ definitely helping us Brits out, that’s for sure. 

If only it were. Many seem to be 10%-30% down, despite historic lows in the GBP. That takes some doing. 

Doesn’t the difference in the ETC’s (USD vs GBP) above prove exactly that it IS?

Perhaps so. And shrewd investors were able to take advantage of that and beat the market. We are a minority, it seems. 

adindas

Malthusian said:

adindas said:

Something like Mircea Popescu Bitcoin billionaires drowned off the coast of Costa Rica at the age of 41 in July 2021. He left behind a bitcoin fortune estimated to be worth more than $2 billion which will live with him in eternity.

Didn't know about that one. Nakamoto disappears, Ruja "Cryptoqueen" Ignatova is missing presumed wearing a concrete overcoat, Popescu gets rekt by a riptide, McAffee hangs himself. Never mind carbon omissions, there seems to be growing evidence that Bitcoin is seriously bad for your health even if you're a winner.

I fully believe you know that "Satoshi Nakamoto" is just a pseudonym. So he does not disappear or was pronounced dead like Mircea Popescu, it is only that noone knows who he is and where he is now. He is still one of the richest Bitcoin billionaires on earth.

billy2shots

Prism said:

billy2shots said:

I might be missing something but someone in Estes in SGLN would be invested in SGLN. 
I

It doesn't matter where they live or their home currency. The ETF dictates things. 

SGLN will always be in $

My SGLN is in pounds not dollars. The dollar price of an ETF, if there is one, is irrelevant to most of us - as it is with most funds. If I sold it today I would have almost 13% more money than I did at the start of the year

So presumably SGLN is denominated in £s? A $ version would be a different ticker wouldn't it?

I jumped the gun looking at the earlier screenshot. 

Type_45

billy2shots said:

Prism said:

billy2shots said:

I might be missing something but someone in Estes in SGLN would be invested in SGLN. 
I

It doesn't matter where they live or their home currency. The ETF dictates things. 

SGLN will always be in $

My SGLN is in pounds not dollars. The dollar price of an ETF, if there is one, is irrelevant to most of us - as it is with most funds. If I sold it today I would have almost 13% more money than I did at the start of the year

So presumably SGLN is dominated in £s? A $ version would be a different ticket wouldn't it?

I jumped the gun looking at the earlier screenshot. 

Yes.  Yes it is.  

retiringtoosoon

Type_45 said:

billy2shots said:

Prism said:

billy2shots said:

I might be missing something but someone in Estes in SGLN would be invested in SGLN. 
I

It doesn't matter where they live or their home currency. The ETF dictates things. 

SGLN will always be in $

My SGLN is in pounds not dollars. The dollar price of an ETF, if there is one, is irrelevant to most of us - as it is with most funds. If I sold it today I would have almost 13% more money than I did at the start of the year

So presumably SGLN is dominated in £s? A $ version would be a different ticket wouldn't it?

I jumped the gun looking at the earlier screenshot. 

Yes.  Yes it is.  

I guess someone can’t….handle….a double dip progression 👍

Malthusian

adindas said:

I fully believe you know that "Satoshi Nakamoto" is just a pseudonym. So he does not disappear or was pronounced dead like Mircea Popescu, it is only that noone knows who he is and where he is now. He is still one of the richest Bitcoin billionaires on earth.

In the Matrix maybe. In the real world, having a theoretical billion-dollar fortune that you can't spend because you forgot your password isn't being rich. A pseudonymous person cutting off all contact from the world, never blogging, sending any messages, or contributing to his pet project ever again, and never spending any of his coins = disappeared.
DB Cooper was also a pseudonym and he also disappeared without trace.

Type_45

Tuesday's bear market rally gains have disappeared.  

masonic

Type_45 said:

Tuesday's bear market rally gains have disappeared.  

Apparently markets don't like good economic news any more, because good economic news gives the fed the green light for more rate hikes.

Type_45

masonic said:

Type_45 said:

Tuesday's bear market rally gains have disappeared.  

Apparently markets don't like good economic news any more, because good economic news gives the fed the green light for more rate hikes.

Months ahead of the curve.