How much longer will this bear market go on for?

renegade1

Stop feeding the troll and this thread will die. It's difficult though because he's quite a good one.

Stargunner

Type_45 said:

My being flat YTD seems to have ruffled a few feathers. 

I'm not only in crypto and cash.

I remember you previously saying that you were heavily invested in Gold, so I imagine you are not being totally honest about being flat YTD

Prism

Stargunner said:

Type_45 said:

My being flat YTD seems to have ruffled a few feathers. 

I'm not only in crypto and cash.

I remember you previously saying that you were heavily invested in Gold, so I imagine you are not being totally honest about being flat YTD

Gold has been a decent investment this year down to the increase in value of the dollar. Up around 7%

MK62

In the end, if Type_45 won't tell us what his portfolio is invested in, then we have no way of really knowing........

However, if 20% of that portfolio is in crypto, which is down 75% YTD, then the other 80% of the portfolio would have to be up about 19% YTD......quite an achievement since it's "significantly in cash" and most "investment" markets are down YTD.....I can only assume he is invested in certain emerging markets, certain commodities (or funds of), and/or specific individual shares - if so, such a strategy can sometimes pay off of course, but it's high risk........certainly with a significant portion of your portfolio.

Swipe

So after all that doom mongering and praying for an 80% crash he is only flat YTD (including his salary). As the old saying goes, be careful what you wish for.

masonic

Prism said:

Stargunner said:

Type_45 said:

My being flat YTD seems to have ruffled a few feathers. 

I'm not only in crypto and cash.

I remember you previously saying that you were heavily invested in Gold, so I imagine you are not being totally honest about being flat YTD

Gold has been a decent investment this year down to the increase in value of the dollar. Up around 7%

It's been a decent investment due to the decrease in value of Sterling relative to gold. Gold is a real asset, its price isn't dependent on the value of the dollar. It happens to have fallen in value relative to the dollar. Discussed at length here. Using the table in the OP of that thread, from the perspective of gold, sterling has lost purchasing power, while the dollar has gained it. While equities have fallen in both currencies, there is a similar differential, which is why UK investors are being flattered by the valuation of their portfolios in sterling.

Prism

masonic said:

Prism said:

Stargunner said:

Type_45 said:

My being flat YTD seems to have ruffled a few feathers. 

I'm not only in crypto and cash.

I remember you previously saying that you were heavily invested in Gold, so I imagine you are not being totally honest about being flat YTD

Gold has been a decent investment this year down to the increase in value of the dollar. Up around 7%

It's been a decent investment due to the decrease in value of Sterling relative to gold. Gold is a real asset, its price isn't dependent on the value of the dollar. It happens to have fallen in value relative to the dollar. Discussed at length here. Using the table in the OP of that thread, from the perspective of gold, sterling has lost purchasing power, while the dollar has gained it. While equities have fallen in both currencies, there is a similar differential, which is why UK investors are being flattered by the valuation of their portfolios in sterling.

Yep, however it goes somewhat to explain Type_45s results in the same way that from a UK perspective, equities haven't been a bad place to be either this year. Sometimes it's best to not worry about the details of how currency moves are hiding the truth and just measure what you get.

I would certainly say that our loss our purchasing power against the dollar will affect our future inflation however anything we import from Europe or Japan will be less affected. 

Type_45

Stargunner said:

Type_45 said:

My being flat YTD seems to have ruffled a few feathers. 

I'm not only in crypto and cash.

I remember you previously saying that you were heavily invested in Gold, so I imagine you are not being totally honest about being flat YTD

Gold is up 7.5% YTD.

Type_45

MK62 said:

In the end, if Type_45 won't tell us what his portfolio is invested in, then we have no way of really knowing........

However, if 20% of that portfolio is in crypto, which is down 75% YTD, then the other 80% of the portfolio would have to be up about 19% YTD......quite an achievement since it's "significantly in cash" and most "investment" markets are down YTD.....I can only assume he is invested in certain emerging markets, certain commodities (or funds of), and/or specific individual shares - if so, such a strategy can sometimes pay off of course, but it's high risk........certainly with a significant portion of your portfolio.

About half of the crypto losses were in Q4 2021. From October of that year.

Prism

Type_45 said:

Stargunner said:

Type_45 said:

My being flat YTD seems to have ruffled a few feathers. 

I'm not only in crypto and cash.

I remember you previously saying that you were heavily invested in Gold, so I imagine you are not being totally honest about being flat YTD

Gold is up 7.5% YTD.

Thats fair enough (I have a gold ETF too), but can we agree that on the same basis the S&P500 is only down around -2.5% YTD