Here's a funny story, last week about mid day I was on the phone
with a BPT member and I got a knock at the door, I glanced and it
was a guy in a business suit. Well I instantly think a
salesman do I didn't want to answer the door, but I was also on the
phone so I didn't answer. Anyway the guy left a brochure and
turns out he was a financial adviser LOL walking the neighborhood
trying to solicit clients.
Man wish I had answered the door, would have been fund, I would
have invited him in, shown him my two workstations with multi
monitors and power sit to stand desks etc
then I could have asked him, so what would you do for me? Buy
and hold? Then give him my 401K paint dry system and say
here, if you follow this for your clients you would out perform
your peers who buy and hold ha ha.
Anyway just think about it- my system would have had you
out of the market in April 2000 and got you back in long in late
Oct 2002, so you would have avoided the whole tech bubble crash.
The system had you long until Jan 2008 and had you out of the
horrific bear market decline in 2008 and early 2009 and got you
back in in March 2009 and would still have you long, well until
Friday anyway - so think about it while everyone who just bought
and held through the 2008 bear market just back to even late last
year, you would have been up over 200%, and the same thing avoiding
the tech crash. For long term holders, if you can avoid those
major bear markets, your money compounds fast. Your financial
adviser will tell you, just buy and hold, it always comes back, yes
it does by why lose all that time, why make it take years to get
back to break even when you could have doubled or tripled your
money by going back in near bear market lows.
Here's a funny story, last
Long Term 401K paint dry system is going to cash end of month
Posted by matt on 27th of Feb 2014 at 11:46 am
Here's a funny story, last week about mid day I was on the phone with a BPT member and I got a knock at the door, I glanced and it was a guy in a business suit. Well I instantly think a salesman do I didn't want to answer the door, but I was also on the phone so I didn't answer. Anyway the guy left a brochure and turns out he was a financial adviser LOL walking the neighborhood trying to solicit clients.
Man wish I had answered the door, would have been fund, I would have invited him in, shown him my two workstations with multi monitors and power sit to stand desks etc
then I could have asked him, so what would you do for me? Buy and hold? Then give him my 401K paint dry system and say here, if you follow this for your clients you would out perform your peers who buy and hold ha ha.
Anyway just think about it- my system would have had you out of the market in April 2000 and got you back in long in late Oct 2002, so you would have avoided the whole tech bubble crash. The system had you long until Jan 2008 and had you out of the horrific bear market decline in 2008 and early 2009 and got you back in in March 2009 and would still have you long, well until Friday anyway - so think about it while everyone who just bought and held through the 2008 bear market just back to even late last year, you would have been up over 200%, and the same thing avoiding the tech crash. For long term holders, if you can avoid those major bear markets, your money compounds fast. Your financial adviser will tell you, just buy and hold, it always comes back, yes it does by why lose all that time, why make it take years to get back to break even when you could have doubled or tripled your money by going back in near bear market lows.
You must have a nice
Posted by smoothy on 28th of Feb 2014 at 11:14 am
You must have a nice house Matt. Why else would he be there? :-)
Or give him a copy of the world's top-performing ETF YTD
Posted by cmunny on 27th of Feb 2014 at 12:10 pm
I sure wish I had
Posted by wowten on 27th of Feb 2014 at 12:02 pm
I sure wish I had been a bpt member back in 2000 ...would have saved me a lot of
$$$$.
Wait, wait...BPT was not in
Posted by vicky on 28th of Feb 2014 at 12:16 pm
Wait, wait...BPT was not in the market back in 2000, and paint dry is 'optimized' to work with those ol' data, ex post ! :)
thats funny i was thinking the same thing !$!$!
Posted by morton13 on 27th of Feb 2014 at 02:21 pm
hahahaha
Posted by mla127 on 27th of Feb 2014 at 11:50 am
Now this is funny !!!!
it was probably Howard W.
Posted by roger on 27th of Feb 2014 at 11:49 am
it was probably Howard W. {{LOL}}