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Thread: Confessions of a buy-and-hold investor

  1. #13

    Default Re: Confessions of a buy-and-hold investor

    Quote Originally Posted by malyla View Post
    Try to disprove that cycle theory over the last 20 years.
    He could be right or it could be a simple case of data mining. Since others are not advocating his theory, I'm guessing data mining. However, you're correct, only time will tell.

    Quote Originally Posted by malyla View Post
    Is anyone a true Buy and Holder (never touching their fund or contributions since they started tsp)?
    I have been since 2003. Prior to that, I was comatose. I decided it was stupid to pour money into TSP and my wife's 401K and not understand what was going on. I went to Borders to get any investment book. My choice was between a book on technical analysis and one on passive investing. For some reason, I choose the latter.

    However, dozens of books and hundreds of journal articles latter, I'm convinced that a passive, diversified asset allocation is the way to go. In addition, compiling the Long Term Tally has shown me that I can equal or exceed the average, active TSP investor over the long term. My goal is to match the S&P 500 return with lower volatility. So far, so good.

    I've bought into the passive, diversified allocation "story", "passive" fits my personality, and I feel comfortable with my strategy.

    You're right, he's in jail for contempt. But, the original charge was securities fraud.

    Good luck to you.-----Jim

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  3. #14

    Default Re: Confessions of a buy-and-hold investor

    Quote Originally Posted by rokid View Post
    Good luck to you.-----Jim
    And to you.
    100% I August 14 (cob 8/14). Trying it again until Oct.

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  5. #15

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    Default Re: Confessions of a buy-and-hold investor

    Guess it all depends on the definition of Buy and Hold. If you bought and held CSCO or ORCL or any other tech dog that doesn't pay a dividend, you're probably still hoping for a Doug Flutie-Boston College style miracle. If you buy and hold a dividend paying Index/Stock/Fund/ETF and compound the earnings....

    In an environment characterized by increasingly shorter investment horizons, the concept of compounding sounds so yesteryear, but who can argue with the body of empirical market evidence?To coin a phrase often quoted, but seldom fully appreciated (or understood): It is time in the market, and not market timing that counts.
    http://www.investmentpostcards.com/2...f-compounding/

    But as all the crooks add at the end of their prospectus' in small print, Past returns aren't indicative of future gains. Time will tell!

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  7. #16

    Default Re: Confessions of a buy-and-hold investor

    Quote Originally Posted by rokid View Post
    This is based on Martin A. Armstrong's 8.6 year theory,......?

    http://www.moneyweek.com/file/27194/...et-genius.html

    -----Jim
    Do you think he has internet access? Would they give someone in jail for contempt of court access to the world? I wonder what he will come out of jail with -- another market theory? How long can they keep him there with no evidence on the bigger offenses? Interesting. If you were a conspiracy junkie, what would you think was going on? Even the reporters that broke the Plaine story were not in that long. Curious.
    Last edited by malyla; 08-04-2008 at 07:33 PM. Reason: more
    100% I August 14 (cob 8/14). Trying it again until Oct.

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  9. #17

    Default Re: Confessions of a buy-and-hold investor

    Malyla,

    Per Wikipedia, he was criminally convicted and sentenced to 5 years. His contempt of court imprisonment was lifted on 27 April 2007. He'll be out 2 September 2011.

    His daughter claims he was jailed because he wouldn't turn over his computer code to the CIA. ----Jim

    http://en.wikipedia.org/wiki/Martin_A._Armstrong

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