Just went all cash with everything except retirement accounts

I think this might be shrewd, although it might have been mo...
Alpha Dog  04/29/16
TiTsCr 998243324 i asked if i shoudl do this and retards on ...
$$$$$$$$$$$$  04/29/16
How much ca$h now?
Stringer Bell Gunning in Macroecon Class  04/29/16
like $575k
Alpha Dog  04/29/16
Lol what the fuck is wrong with you dude. Stop gambling....
Nine Inch Nails Opening for Ariana Grande  04/29/16
what do you mean?
Alpha Dog  04/29/16
people dont just buy and sell $500,000 in securities to time...
Nine Inch Nails Opening for Ariana Grande  04/29/16
End of Golden Era for Investors Spells Troubles for Millenni...
""'""'  04/29/16
Assuming everything in the article is true, lower returns in...
nutella  04/29/16
listen i'm not taking investment advice from some bitch who ...
""'""'  04/29/16
lol attack me rather than respond to my points. Enjoy hordi...
nutella  04/29/16
this speaks directly to your competence/intelligence, sorry ...
""'""'  04/29/16
Yeah I fail on xoxo so I'm no expert sock puppet. Failing a...
nutella  04/29/16
Jfc Nutella how are you still here. How do you not consider ...
..,.,.,.,.,.,.,.,.,.,.,,...,,,  04/29/16
tcq
""'""'  04/29/16
...
'"'''''"''''''  04/29/16
...
Wilbur Mercer, permanently embarrassed millionaire  05/13/16
Missed this. Tyft
.........,,.,.,.,.,,,,,,.,.,.,.,.,.  06/25/16
lmao
De( . ) ( . ) is  08/11/16
...
""'""'  10/16/16
I just did. Basically had almost no gains since I bought a ...
Alpha Dog  04/29/16
you make so much money. just buy the dips like today. A lo...
Nine Inch Nails Opening for Ariana Grande  04/29/16
Timing the market is a futile exercise and basically gamblin...
nutella  04/29/16
but, TBF, the market is basically gambling also
Alpha Dog  04/29/16
Market - consistent returns over 160 years. Timing market ...
Kraftwerk  04/29/16
the market generally has a crash about every 10 years. it's ...
peterman  04/29/16
It's only gambling when you're market timing buys and sells....
nutella  04/29/16
CR I am 100% cash except for 401k
""'""'  04/29/16
i feel like u just have no cash
$$$$$$$$$$$$  04/29/16
sorry lil brej [edit] note that's just one savings accoun...
""'""'  04/29/16
who dieed in ure family recently
$$$$$$$$$$$$  04/29/16
no one. both parents are healthy as can be. sorry for your l...
""'""'  04/29/16
I am 100% cash except for IRAs. We should see another crash ...
peterman  04/29/16
You guys have been saying the same shit since January.
Nine Inch Nails Opening for Ariana Grande  04/29/16
yea, january 2009
.,,,.,,..,.,.,:,.::,,...,::,...,:,.,..:.,:.::,.  04/29/16
LOL I don't think I'll time it perfectly, but if it happens ...
peterman  04/29/16
This was me about 14 months ago. (Except for propser / lendi...
DamnDaddy sexualising your cock with a FLESHLIGHT  04/29/16
Very astute move. You will be patting yourself on the back ...
Consuela  04/29/16
...
Non sequitur  08/08/17
Reality is finally starting to catch up the market thanks to...
.,,.,.,.,.,.,.,.,,,,,,,,,.......  04/29/16
?????
peterman  04/29/16
This seems like reasoned, well thought out plan.
Benevolent Screed  04/29/16
Any actual reason or are you relying on your amateur gut?
Just your average poaster  04/29/16
feeling after 20 years of watching the markets react based o...
Alpha Dog  04/29/16
Great
donaldtrumpet  04/29/16
itt: all cash caucaisian buyers
Fratty  04/29/16
It is easy to "time" market. For example, if a sto...
and when i started to squeeze the bar brother  04/29/16
I think this was a good move. Shit is way too volatile and ...
Alpha Dog  05/13/16
You need PHYSICAL GOLD
longwangpoontang  05/13/16
Wife's pissed about all the gold bars stuffed in the mattres...
""'""'  05/13/16
I'm in gold and silver.
ptbarnum  05/13/16
Buy some gold bars. Lol at the boring orientals in this thre...
Wilbur Mercer, permanently embarrassed millionaire  05/13/16
Bank of America and Goldman Sachs both agreeing with OP toda...
Wilbur Mercer, permanently embarrassed millionaire  05/16/16
looking good Mortimer.
Alpha Dog  05/17/16
? The S&P is down like 1% since you made this post.
Jeff Blauser  05/17/16
...
"'"  05/17/16
The index fanboi's are correct in almost every aspect, howev...
Fabio Fognini  05/18/16
(Idiot Lunatic)
Jeff Blauser  11/22/16
Bond initiatives. WTF is up with you poors?
Niggalos Cage  05/18/16
still seems to be a good move
Alpha Dog  06/15/16
???
Non sequitur  07/12/16
now especially
Alpha Dog  06/25/16
???
Non sequitur  07/12/16
wonder when the best time to buy back in will be....
Alpha Dog  06/27/16
how long is your desired holding period? if longer horizon, ...
.........,,;,;,;,,,............,,;,;;,.;.  06/27/16
yes, basically asking that.
Alpha Dog  06/27/16
When the inevitable "correction" comes in the next...
Jeff Blauser  07/12/16
???
Non sequitur  08/02/16
...
peterman  08/02/16
???
Non sequitur  08/11/16
I get all my investment tips from semi-anonymous unemployed ...
De( . ) ( . ) is  08/11/16
This will eventually be right but I just can't get myself to...
PrestigeWhore  10/16/16
How are you all cash bros feeling today?
nutella  11/22/16
not a stock market guy, is the idea to sell all your stock b...
,,.,:,;..,;:.,;,.:;,..,;:..,;  11/22/16
Eventually there will be a 10% crash from 2400 and they will...
Jeff Blauser  11/22/16
...
Non sequitur  12/06/16
...
Bro Montpellier  12/20/16
...
Non sequitur  12/19/16
I ended up doing a real estate development project with my c...
Alpha Dog  12/19/16
...
Jeff Blauser  02/10/17
I have $150k sitting around doing nothing...Question now is ...
nutella  07/19/17
November 2016
Alpha Dog  07/19/17
I'd like to know this too
only person anywhere, on any platform  07/19/17
10k at a time like us normal people
Non sequitur  08/08/17
...
biglaw associate asking if link is worksafe @ 11pm  08/08/17
Good job, market is only up 20% since you posted this
slimshadyman leading u down a subthread wasteland  08/08/17
...
Midnight Cowboy (JCM's feet)  08/10/17
Markets down bigly, buying in some today.
nutella  08/10/17
Anything interesting or just s&p 500 index fund?
LathamTouchedMe  08/10/17
EM and Europe down bigly too. I only buy index funds.
nutella  08/10/17
have you ever sold anything? I don't think I have.
Nine Inch Nails Opening for Ariana Grande  08/10/17
I had to sell some unfortunately when I refi'ed and you need...
nutella  08/10/17


Poast new message in this thread



Alpha Dog


1:04 PM - April 29th, 2016

I think this might be shrewd, although it might have been more shrewd a few days ago.


$$$$$$$$$$$$

(A true Chad!! where's your gf/wife?)


1:05 PM - April 29th, 2016

TiTsCr 998243324 i asked if i shoudl do this and retards on this board said it was stupid and kept posting about fire


Stringer Bell Gunning in Macroecon Class


1:05 PM - April 29th, 2016

How much ca$h now?


Alpha Dog


1:07 PM - April 29th, 2016

like $575k


Nine Inch Nails Opening for Ariana Grande

(earl)


1:07 PM - April 29th, 2016

Lol what the fuck is wrong with you dude.

Stop gambling.


Alpha Dog


1:09 PM - April 29th, 2016

what do you mean?


Nine Inch Nails Opening for Ariana Grande

(earl)


1:12 PM - April 29th, 2016

people dont just buy and sell $500,000 in securities to time the market every 6 months unless you are xo pumo.


\"\"\'\"\"\'


1:15 PM - April 29th, 2016

End of Golden Era for Investors Spells Troubles for Millennials

Turning 30 just got a lot scarier.

A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest egg as those of roughly a generation ago.

So says the research arm of McKinsey & Co. in a new report that argues that investors of all ages need to resign themselves to diminished gains.

The consulting company maintains that the last 30 years have been a “golden era” of exceptional inflation-adjusted returns thanks to a confluence of factors that won’t be repeated. They include falling inflation and interest rates, swelling corporate profits and an expanding price-earnings ratio in the stock market.

The next two decades won’t be nearly as lucrative, even on the optimistic assumption that the world economy snaps out of its recent funk and resumes growing at a faster clip, according to the McKinsey Global Institute report titled “Diminishing Returns: Why Investors May Need to Lower Their Expectations.”

“We’ve had a wonderful 30-year period in terms of returns, way more than the 100-year average,” said Richard Dobbs, a McKinsey director in London. “That era is coming to an end.”

Bond investors have already reaped much of the benefits from declines in inflation and interest rates from the sky-high levels that prevailed in the 1970s.

Tougher Road

U.S. and European corporations, meanwhile, will find it harder to boost profits in the face of stepped-up competition from emerging-market rivals and from smaller businesses able to tap into the global market through the Internet, Dobbs said.

It’s not only 30-year-olds and other individual investors who’ll be hurt if McKinsey is right about the outlook. Pension funds and university endowments also have reason to worry, Dobbs said.

The roughly $1 trillion funding gap confronting U.S. state and local retirement plans could triple if McKinsey’s more pessimistic projections pan out, he said. U.S. college endowments could be out as much as $19 billion per year, he added.

Two Paths

McKinsey sets out two paths for the economy and financial markets over the next 20 years in its report. In the slow-growth scenario, U.S. gross domestic product expands by an average 1.9 percent per year, while growth in other major economies is 2.1 percent. Returns in that case are well below the average of the 1985 to 2014 period.

In the recovery scenario, U.S. growth matches the 2.9 percent average of the last 30 years while non-U.S. GDP rises 3.4 percent. Returns still fall short of the golden era when inflation and interest rates were falling and profit margins were expanding.

The McKinsey study focuses on U.S. and Western European stock and bond markets and doesn’t take investments in emerging markets into account, largely because of a lack of reliable long-term data.

“We are entering a period of much lower returns,” Dobbs said. “That’s going to have some quite extreme consequences for all types of investors.”

http://www.bloomberg.com/news/articles/2016-04-27/be-afraid-be-very-afraid-if-you-re-investing-for-the-long-run


nutella


1:26 PM - April 29th, 2016

Assuming everything in the article is true, lower returns in the future are still better returns than cash sitting in your bank account. assume you earn a high 1% in your savings account, which is taxed as ordinary income, even a 1% return in the market taxed as long term gains means you still come out ahead. And I absolutely do not believe the sp 500 will only gain 1% in the next 20 years. People go all cash to avoid corrections and crashes, but if you're in the long game, short term losses don't matter and your gains will always be higher sitting in some index fund than in a bank account.


\"\"\'\"\"\'


1:28 PM - April 29th, 2016

listen i'm not taking investment advice from some bitch who fails at fucking sockpuppetting


nutella


1:31 PM - April 29th, 2016

lol attack me rather than respond to my points. Enjoy hording your cash.


\"\"\'\"\"\'


1:33 PM - April 29th, 2016

this speaks directly to your competence/intelligence, sorry bitch

Date: February 18th, 2015 2:34 PM

Author: nutella

nutella has always had far less hubris than tmf but far more results.

nutella is more hated on here mainly because she keeps getting what wants and rubbing in xoxo's face, whereas nobody takes tmf's "multiple properties" aspirations seriously. people were definitely reveling in her unemployment, but now have to put up with her $400k in-house threading. now people are hoping for her hedge fund to crash.

i've come to realize that nutella is far less mean-spirited and angry than those attacking her. i've never seen her wish ill upon anybody and i highly doubt she cares if others do not want her lifestyle.

(http://www.autoadmit.com/thread.php?thread_id=2810899&forum_id=2#27341962)


nutella


1:38 PM - April 29th, 2016

Yeah I fail on xoxo so I'm no expert sock puppet. Failing at investing or life is another matter entirely. Now feel free to respond substantively to my point if you care. Meanwhile I will continue to collect my $500k/ year and invest it wisely in index funds.


..,.,.,.,.,.,.,.,.,.,.,,...,,,


2:03 PM - April 29th, 2016

Jfc Nutella how are you still here. How do you not consider that post your Waterloo and gracefully exile yourself?


\"\"\'\"\"\'


2:15 PM - April 29th, 2016

tcq


\'\"\'\'\'\'\'\"\'\'\'\'\'\'


3:21 PM - April 29th, 2016


Wilbur Mercer, permanently embarrassed millionaire

(Wilbur Mercer)


9:07 PM - May 13th, 2016


.........,,.,.,.,.,,,,,,.,.,.,.,.,.


12:05 PM - June 25th, 2016

Missed this. Tyft


De( . ) ( . ) is


11:31 AM - August 11th, 2016

lmao


\"\"\'\"\"\'


8:03 PM - October 16th, 2016


Alpha Dog


1:22 PM - April 29th, 2016

I just did. Basically had almost no gains since I bought a lot in December and everything has been flat since then, so figured it couldn't hurt....worst thing I miss out on a 3-4% gain this year (I think), best case I miss out on a 15-20% decline.

Wife and I still have like $575k in retirement accounts in the market, so it isn't like we are out totally, just felt we were too deep....


Nine Inch Nails Opening for Ariana Grande

(earl)


2:03 PM - April 29th, 2016

you make so much money. just buy the dips like today. A lot of people on here had the same doom and gloom prediction in January and said "oh i am all cash now" - they promptly got fucked.

Other than buying index funds during the dips, not sure how anyone should be timing the market, and $500K at once seems insane.


nutella


1:15 PM - April 29th, 2016

Timing the market is a futile exercise and basically gambling.


Alpha Dog


1:23 PM - April 29th, 2016

but, TBF, the market is basically gambling also


Kraftwerk


1:25 PM - April 29th, 2016

Market - consistent returns over 160 years.

Timing market - horrible underperformance in every study ever performed.


peterman

(R)


1:34 PM - April 29th, 2016

the market generally has a crash about every 10 years. it's been 10 years of good growth.


nutella


1:28 PM - April 29th, 2016

It's only gambling when you're market timing buys and sells. If you literally let your money sit there for 30 years versus going cash for 30 years, market will inevitably outperform going cash.

Edit: I do occasionally time buys and will often purchase on dips (like in August and Jan). However the way I view cash I invest, it's not money I need for 10-15 years so once it's in there, I won't gamble and take it out thinking there's a correction coming.


\"\"\'\"\"\'


1:06 PM - April 29th, 2016

CR I am 100% cash except for 401k


$$$$$$$$$$$$

(A true Chad!! where's your gf/wife?)


1:06 PM - April 29th, 2016

i feel like u just have no cash


\"\"\'\"\"\'


1:08 PM - April 29th, 2016

sorry lil brej [edit]

note that's just one savings account


$$$$$$$$$$$$

(A true Chad!! where's your gf/wife?)


1:09 PM - April 29th, 2016

who dieed in ure family recently


\"\"\'\"\"\'


1:13 PM - April 29th, 2016

no one. both parents are healthy as can be. sorry for your lots.


peterman

(R)


1:08 PM - April 29th, 2016

I am 100% cash except for IRAs. We should see another crash soon


Nine Inch Nails Opening for Ariana Grande

(earl)


1:08 PM - April 29th, 2016

You guys have been saying the same shit since January.


.,,,.,,..,.,.,:,.::,,...,::,...,:,.,..:.,:.::,.


1:10 PM - April 29th, 2016

yea, january 2009


peterman

(R)


1:14 PM - April 29th, 2016

LOL I don't think I'll time it perfectly, but if it happens in the next 2 years I'd be happy with my strategy. plan to dump it all back in or buy a small house at that time


DamnDaddy sexualising your cock with a FLESHLIGHT


1:13 PM - April 29th, 2016

This was me about 14 months ago. (Except for propser / lending club)


Consuela


1:17 PM - April 29th, 2016

Very astute move. You will be patting yourself on the back for this. Have you thought about S&P put options?


Non sequitur


11:30 AM - August 8th, 2017


.,,.,.,.,.,.,.,.,,,,,,,,,.......


1:32 PM - April 29th, 2016

Reality is finally starting to catch up the market thanks to this sideways pattern we've had for the last year, if anything, this is when you should be getting in. But hey, you do you.

I would love a shitty bear market for the next year and a half


peterman

(R)


1:35 PM - April 29th, 2016

?????


Benevolent Screed


1:35 PM - April 29th, 2016

This seems like reasoned, well thought out plan.


Just your average poaster


1:44 PM - April 29th, 2016

Any actual reason or are you relying on your amateur gut?


Alpha Dog


2:32 PM - April 29th, 2016

feeling after 20 years of watching the markets react based on bad news. M&A, venture financing, housing markets are all flat or down after multiyear booms....just don't see what else is going to keep this carnival going (might stay sideways for a bit, but up any appreciable amount seems unlikely).


donaldtrumpet


2:07 PM - April 29th, 2016

Great


Fratty


3:25 PM - April 29th, 2016

itt: all cash caucaisian buyers


and when i started to squeeze the bar brother

(http://youtu.be/sqLsqHctThU)


4:41 PM - April 29th, 2016

It is easy to "time" market. For example, if a stock you own doubles, maybe you should consider selling before that puppy cools down.


Alpha Dog


3:52 PM - May 13th, 2016

I think this was a good move. Shit is way too volatile and signs point down.


longwangpoontang


7:46 PM - May 13th, 2016

You need PHYSICAL GOLD


\"\"\'\"\"\'


7:52 PM - May 13th, 2016

Wife's pissed about all the gold bars stuffed in the mattress -- says it's uncomfortable.

I told her to shut her fucking sludge spewing trap cuz standing in a soup line is a HELLUVA lot more uncomfortable.


ptbarnum


9:04 PM - May 13th, 2016

I'm in gold and silver.


Wilbur Mercer, permanently embarrassed millionaire

(Wilbur Mercer)


9:10 PM - May 13th, 2016

Buy some gold bars. Lol at the boring orientals in this thread. Gambling on the market is 180


Wilbur Mercer, permanently embarrassed millionaire

(Wilbur Mercer)


12:07 PM - May 16th, 2016

Bank of America and Goldman Sachs both agreeing with OP today that it's time to exit the market


Alpha Dog


6:09 PM - May 17th, 2016

looking good Mortimer.


Jeff Blauser


6:45 PM - May 17th, 2016

? The S&P is down like 1% since you made this post.


\"\'\"


7:30 PM - May 17th, 2016


Fabio Fognini


3:47 PM - May 18th, 2016

The index fanboi's are correct in almost every aspect, however they are missing one critical thing:

There are exceptions: you don't have to dedicate you life to the stock market to learn how to buy a few dips.

500K you can move that in and out of an index fund with no problem. Like in a second. Fuck SPY could take a 500K trade with not a penny slippage.

Common sense. There is a bunch of shit out there that has gone up 5X or even 10X what it was in early 2009. Doesn't matter if it shouldn't have been that low. Shouldn't be this high either. Don't try to top pick this bullshit, but you need to understand that this garbage is just not worth what it's trading for right now. These are big stocks too, TJX, HD, DIS, SBUX, MCD. I could just go on and on.

These parabolic runs for the last 7 years WILL CORRECT and when they do this market will go down to at least high 1500's on SPX at a MINIMUM.

So you can bet your fucking panties on that shit. This market WILL FUCKING test that 2013 breakout area (1575 SPX) or so. This the the area that SPX cleared back from the 2000 and 2007 highs. In 2013 SPX broke these highs and has never spent a lot of time down there again. But it will, niqqa, you can bet that shit.

So do what you fucking will and hold the index funds, but you can get out now and buy back lower within 12-18 months. But you won't heed that advice either, because the next buy will only setup after we have spent months going down and everyone is bearish.


Jeff Blauser


5:44 PM - November 22nd, 2016

(Idiot Lunatic)


Niggalos Cage


3:50 PM - May 18th, 2016

Bond initiatives. WTF is up with you poors?


Alpha Dog


4:29 PM - June 15th, 2016

still seems to be a good move


Non sequitur


1:42 PM - July 12th, 2016

???


Alpha Dog


12:00 PM - June 25th, 2016

now especially


Non sequitur


1:41 PM - July 12th, 2016

???


Alpha Dog


12:25 PM - June 27th, 2016

wonder when the best time to buy back in will be....


.........,,;,;,;,,,............,,;,;;,.;.


12:52 PM - June 27th, 2016

how long is your desired holding period? if longer horizon, then you're essentially asking when's the next bull market.


Alpha Dog


12:53 PM - June 27th, 2016

yes, basically asking that.


Jeff Blauser


2:13 PM - July 12th, 2016

When the inevitable "correction" comes in the next year or two OP and others ITT will say "see look at me I'm so smart I told you", but will ignore that the correction takes S&P down from 2300 to 2100 or 2080 or so, well above where they sold in anticipation of the "crash."


Non sequitur


1:26 PM - August 2nd, 2016

???


peterman

(R)


1:27 PM - August 2nd, 2016


Non sequitur


11:25 AM - August 11th, 2016

???


De( . ) ( . ) is


11:29 AM - August 11th, 2016

I get all my investment tips from semi-anonymous unemployed lawyers


PrestigeWhore

(the prancing linguist)


9:09 PM - October 16th, 2016

This will eventually be right but I just can't get myself to sell. Have nothing better to put it in


nutella


5:25 PM - November 22nd, 2016

How are you all cash bros feeling today?


,,.,:,;..,;:.,;,.:;,..,;:..,;


5:40 PM - November 22nd, 2016

not a stock market guy, is the idea to sell all your stock before the market hits record highs?


Jeff Blauser


5:47 PM - November 22nd, 2016

Eventually there will be a 10% crash from 2400 and they will jump in this thread.


Non sequitur


3:33 PM - December 6th, 2016


Bro Montpellier


10:19 PM - December 20th, 2016


Non sequitur


3:50 PM - December 19th, 2016


Alpha Dog


3:56 PM - December 19th, 2016

I ended up doing a real estate development project with my cash in September which should make a lot more than this run up for me....missed out on like $25k in gains by pulling out a little early, but no big deal....wife and I still have like $775k in retirement accounts that benefited bigly.


Jeff Blauser


1:46 PM - February 10th, 2017


nutella


4:47 PM - July 19th, 2017

I have $150k sitting around doing nothing...Question now is when exactly I'm suppose to buy in.


Alpha Dog


4:48 PM - July 19th, 2017

November 2016


only person anywhere, on any platform


4:48 PM - July 19th, 2017

I'd like to know this too


Non sequitur


11:31 AM - August 8th, 2017

10k at a time like us normal people


biglaw associate asking if link is worksafe @ 11pm

(LM95)


11:35 AM - August 8th, 2017


slimshadyman leading u down a subthread wasteland

(sarc)


12:41 PM - August 8th, 2017

Good job, market is only up 20% since you posted this


Midnight Cowboy (JCM\'s feet)


11:55 AM - August 10th, 2017


nutella


11:44 AM - August 10th, 2017

Markets down bigly, buying in some today.


LathamTouchedMe


11:48 AM - August 10th, 2017

Anything interesting or just s&p 500 index fund?


nutella


12:26 PM - August 10th, 2017

EM and Europe down bigly too. I only buy index funds.


Nine Inch Nails Opening for Ariana Grande

(earl)


12:29 PM - August 10th, 2017

have you ever sold anything? I don't think I have.


nutella


12:37 PM - August 10th, 2017

I had to sell some unfortunately when I refi'ed and you needed $100k or whatever it was in your Citi account to get the lowest rate and btwn the 2 of us, we only had $50k in cash :(.

I bought $20k total international yesterday which was clearly too early but sick of waiting. I'll put in $40k today and see what happens tomorrow.