I would be interested in what others have learned about themselves through participation in these contests over the years.
Anyone want to share? Or if you didnt or dont want to share anything personal, have you learned anything about markets, economics, inter-market relationships, individual companies, ect?
I had a great deal of enjoyment running this for 3-4 years. Never really tried to ‘win’ as the chase was better than the catch. Don’t think I ever invested long term real dollars in any of my picks in prior years, but would have to check that.
@66Tbird said:
Quite a change. Thank you for the update.
btw, what does MTD vs SPY mean again?
Month to date change
Vs
S&P 500 index ETF (SPY) month to date change
~~~
Once the melt up began to correct down in February I added a comparison to the 500 to demonstrate the issues with arbitrary comparisons to an index.
I’ve learned that if I’d paid a little closer attention to the markets, I might’ve made a bit more money on my holdings - but that’s just a guess. Paying more attention to the relative values for the various asset classes, combined with a portfolio rebalancing approach does seem to have it’s merits, if you really trust “the system”, which I do not.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
I’ve learned that if I’d paid a little closer attention to the markets, I might’ve made a bit more money on my holdings - but that’s just a guess. Paying more attention to the relative values for the various asset classes, combined with a portfolio rebalancing approach does seem to have it’s merits, if you really trust “the system”, which I do not.
Yeah, generally the more confidence you have in whatever you do, the more successful you will be. Applies to everything.
I've learned listening to my body pays the best dividends; yoga, healthy eats, hiking in nature...life is good
BST references: jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack; jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
Thank God I sold all my TCEHY a few weeks ago! One good thing about investing in the real world ... you're not locked into choices for a year at a time!
Comments
Who asked for a lesson?
Totally just busting chops man, ha!
No lessons....Coaching isn't teaching.
Knowledge is the enemy of fear
So much fail in that statement.
Coaching requires a great deal of participation from those being coached, whereas teaching requires virtually no participation.
I think thats a HUGE difference.
Generally one who is successfully coached will have a much deeper understanding.
Knowledge is the enemy of fear
Coaching is most definitely embarking a lesson on how to better oneself through self teaching with practice. You missed your own statement.
I would be interested in what others have learned about themselves through participation in these contests over the years.
Anyone want to share? Or if you didnt or dont want to share anything personal, have you learned anything about markets, economics, inter-market relationships, individual companies, ect?
Knowledge is the enemy of fear
I learned not to buy greek bonds with my own money
I had a great deal of enjoyment running this for 3-4 years. Never really tried to ‘win’ as the chase was better than the catch. Don’t think I ever invested long term real dollars in any of my picks in prior years, but would have to check that.
Month to date change
Vs
S&P 500 index ETF (SPY) month to date change
~~~
Once the melt up began to correct down in February I added a comparison to the 500 to demonstrate the issues with arbitrary comparisons to an index.
Those mArked higher had a better Feb than the 500.
The last couple of weeks were rough but these are
Concentrated not diversified
Some were intended to lose
High flyers from the beginning
Middle!
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
I seem to be stuck in neutral.
Man, first contest like this that I TRIED to go low and I end up going UP 5 spots. I may not catch JC, but I thought I could be close...
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Boy. We're not very good.
Only 29% of us are making any money?
I gotta start reading smoe other boards.
Here's a warning parable for coin collectors...
Dang, gonna be one of those 'long oil' pick years here, ha!
Most avoiding cohodk’s question!?!?
Oh, it's been answered.
Knowledge is the enemy of fear
I’ve learned that if I’d paid a little closer attention to the markets, I might’ve made a bit more money on my holdings - but that’s just a guess. Paying more attention to the relative values for the various asset classes, combined with a portfolio rebalancing approach does seem to have it’s merits, if you really trust “the system”, which I do not.
I knew it would happen.
For us "bottom dwellers" - This song is dedicated to you.
Yeah, generally the more confidence you have in whatever you do, the more successful you will be. Applies to everything.
Knowledge is the enemy of fear
mover of note:
rhodium is now beating the S&P500 fund.
I knew I'd bomb on the Tesla news
Only 2 beating the sp500? Dang.
Knowledge is the enemy of fear
+14 time before last.
-15 this time.
I was so excited and then my bubble burst!
bob
26 in the red, dang!
Tbird in play for the half oz!
I'm shooting for the year gains as always with a long play. The prizes for top/middle/last are book action ponys to root for, ha!
Good. Stay there, I need the support.
And it only took the first quarter.
No. 1 Rule for investing......don't get Corzined.
I knew it would happen.
there are errors in the PM and SPY for the end of March update. (edit: fixed)
think I forgot to update them at the bottom
wow....only 2 contestants are in the black. I'm glad we all have "daytime" jobs.
and buying gold would have beaten the S&P to this point.
Bringing the stink this year across the board, wow.
Gawd.
Imagine what the investment portfolios look like for DUMB people.
Here's a warning parable for coin collectors...
I've learned listening to my body pays the best dividends; yoga, healthy eats, hiking in nature...life is good
jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
SHLD just delaying the inevitable...
****I've learned listening to my body pays the best dividends; yoga, healthy eats, hiking in nature...life is good****
Exactly right!
I knew it would happen.
I should've stuck with my Tesla short position from last year.
Hey, at least there's 3 people above water this time!!
I knew it would happen.
Thank God I sold all my TCEHY a few weeks ago! One good thing about investing in the real world ... you're not locked into choices for a year at a time!
Kind regards,
George
Only 3 people above the initial investment. Sad. Must be a lesson here.
bob
The lesson is that we're coming to the wrong forum for investment advice.
Here's a warning parable for coin collectors...
Hadn't checked this for a while...no wonder the thread is buried.
I Missed Mid-May
Here's the end of May
we've had some big movers, and JohnnyCache lost some more to solidify his last place standing.
Big movers this time. Thank you for the update.
Reminds me of the U.S. Open.