I didn't, but Im okay now.
50 replies (most recent on top)
uqur, That's an interesting view that you have, but it seems you haven't read anything at all about Bogle. I don't even like him, I do not invest with him or any Vanguard funds. as I do individual stocks, but what you described his advice and philosophy as is completely opposite to what his advice really is. I would suggest that you do a little research before your next inaccurate off-the-wall post. Just a tip.
@urpf, Are you the kind of person whi gets easily impressed with silly quips like that one from William Bernstein? Not me. As soon as someone starts to talk like that, I write them off immediately as a BS'er.
@ulah, Don't be hoodwinked by everything John Bogle (of Vanguard) says. He doesn't want you to trade. He wants all your money parked at his investment company, where he can use it for his benefit. Nothing wrong with "buy and hold" in index funds, but don't discount active trading or strategically moving your money around sometimes. The market goes up and down. Maximize your earnings by not being in certain investments when the markets pull back. Only people like John Bogle win (at your expense).
"There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't know."
William J. Bernstein
"The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently." -- John Bogle -
Could not have said it better than that myself
But of course. according to pathetic wannabes with no intelligent response, like upuj, he will say Bogle is bankrupt jumping out of a 15th story window or some fabrication. I'll get the popcorn - LOL
@O1CVM65-upuj , It's terrible that you live in a liberal area but at least you are around your own kind. What's the deal with the worshiping of dead suicidal people with you liberals?
@rhoq, I'll add those who live in Portland, Oregon to the list of financial advisors I don't buy books from. Dead, attempted or succeeded in suicide and liberals who live in Portlandia. Scratch all those whackos off your list too.
relt, Yes, I wouldn't either. But do you read anything from William Bernstein? He's alive and well and lives in Portland Oregon. I assumed he would be quite popular with you snowflakes! ROTFL!!
I don't purchase or read books from dead investment advisors, especially if they attempted or succeeded in killing themselves.
"There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't know."
William J. Bernstein
There's quite a few of the second type posting on this site. - See below.
@O1CVM65-nzoc, I don't have any of his books. However, I heard he has some good investment advice. Do you always post about when you tried to commit suicide and jumped out of a 15th story window or did your mommie throw you out to get rid of you and you hit your head, and that is why you are in this condition, cupcake?
Keep Berstien's books, nfpq. He won't be writing any more after jumping out of his apartment's 15th floor window. Hard to take anyone's advise who couldn't manage his affairs in life.
William J. Bernstein has some very good books on investing. I have read a few of them and agree with all of his quotes/philosophies. Idiot's like -lzei without a life and with no knowledge of investing do not read at all, apparently. He/she obviously is illiterate.
@joea, Just so you know, John Boyle is a "buy and hold" type of guy. Nothing too wrong with that when you're young and still have 30 years before thinking of retiring. John Bogle is the CEO of Vanguard. He wants his assets under management to grow larger with the mantra of buy and hold. The market track record over decades has proven that's a good idea for that type of investor. I started off as a buy and hold investor until I became interested in learning more about trading and I got comfortable making small trades with increasing success. I don't like day trading, so don't misunderstand. I prefer to trade in and out of positions over weeks rather than days. I have done fairly well for myself in trading. I reserve a small percentage in low risk 'buy and hold' fixed income investments, but the rest is always in play because the markets are always in a state of flux.
"The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently." -- John Bogle
My method of knowing when to buy and sell a stock or mutual fund is to plot a chart of the daily close price in a spreadsheet and overlay a 50 day and 200 day moving average prices. When the 50 day MA crosses over the 200 MA on the uptick, it's a signal to buy a position. When the opposite happens, it's a signal to sell. This is not a secret strategy by any means. It's a strategy used by many investors because it works rather well and is reliable most of the time.
Of the money I allocate to equities, I put 90% in a stock market index fund and let it ride. The other 10% I call my Vegas money and make my best efforts at market timing and all the other ridiculous trading strategies. The percentage return on the easy index fund strategy always outperforms over any time frame greater than probably 6 months.
Of course I work at Chevron and not Goldman Sachs for a reason.
@O1CVM65-fmbh, the childish troll who repeats the same post on multiple threads like a little pathetic disturbed baby who is all butthurt that he lost his binky..LOL!
@O1CVM65-fude, Yes, thanks for that expert investment advice. I'm sure you have advanced knowledge of market fundamentals and "sector" behavior. I generally come to comments sections in the "layoffs" sites to seek astute investment advice because you guys are so knowledgeable and not "losers" as you put it . ROTFL!
@ftgs- The stock market is not a casino where your fortune hinges on sheer luck. That's a loser' position. Markets go up and down for very fundamental reasons. The exact timing is impossible to gauge, but knowledge of the market sectors you invest in and gut instinct will always be your best guide to coming out ahead. But dive in with no inkling of what you're doing and you will not last too long. For those people, your best bet is to diversify your money into the broad indexes. Over time, this simple and passive method to invest has made money.
I'll have you know I have absolute perfect market timing abilities. Problem is, I'm always picking the wrong direction.
fgzz, joe? janet? Is that you? Up a little late trolling tonight? Why are you so angry?
@O1CVM65-etgf, seriously? you really spend that much time monitoring this site? you really need to move on and get a life, pal. getting fired from ANY job is not that bad especially chevron, which is on its last leg. move on buddy. there's a whole new big world out there. things will turn around for you soon
Another idiot who claims he can time the market and even has himself fooled? LOL. Back of the line, loser. don;t quit your day job.
@O1CVM65-fblx, Yes Indeed. We ALL believe how successful you are, snowflake. he he he! You just look into your crystal ball, no doubt. Please tell us more daddie!!! Tell us another storwie , pwease, pwease!!!!
@eoej, it's true that some people can't make this stuff up (like you), but a few others like myself do often time the market accurately more times than not. The problem with investing novices like you is obviously the lack of understanding of the terminology. "Timing the market" is not taken to mean the precise (exact date) timing to making trades, rather than knowing fairly well the appropriate time when to get in or out of investment positions. I've done pretty well for myself over the last 30 years invested in the stock market. I've learned through the years how to read the tea leaves, dodge the head fakes and the pass up the hypes to not have to make this stuff up.
The person below who thinks he can time the market is calling himself "Savvy Investor"!!!!!
Too Funny!! You can't make this stuff up if you tried! Keep up the pure entertainment. I'll get some popcorn!!
etgf, same for you, douche-bag. Now get on your knees for your boss like you always do, fruitcake Chop chop!
ok, um janet aka dvxt, you should try to vary your regularly scheduled posting time - 6 pm CDT. It's the same for all the threads.
Pool boy, dvxt? Now who's fooling who?, homo. 😂 LMAO.
... or It...
dgqy sure has the tone of a homo, doesn't he (or she)?
I don't' take advise from losers like ROTFLMAO with No woman, No job, No prospects, No future.
Prove him wrong, 8she, and do the opposite at your own peril (Dumb@ss).
@-7nww, ROTFLMAO!!!!! Priceless!!! Now we're supposed to take investment advice from butthurt losers posting on the layoffs site about the company who $hit-canned them!!!! LMAO! My sides are splitting!!! PLease help me up! I've fallen and I can't get up!!!!! LMAO!
Look up CVX on Yahoo Finance. Display the chart for the lat 6 months. Plot a trend line. Think now where CVX could be in another 6 months. That's right... further down the abyss. Best case scenario would be just a flat line. Put your money in something else, just not in CVX right now.
Plan B? Shoot, I'm on Plan C now, heading to plan D, E and F!! LMAO!!
Yes, 6rod, oil is sliding again. The O&G industry will stay reeling for a long time. Another big piece of news is the LNG industry. Qatar is entering a natural gas expansion to increase their output by 30% over the next 3 years and have dominance in this market. That does not bode well for Chevron and its partners in the Gorgon - Wheatstone LNG ventures.
Oil is sliding again. What is Chevron's plan B? To hold on to the fat slob, relatives and as$ kissers until the final breakup?
Is your plan being an Uber driver?