Archman Investor

Google: How One Wedding Video Shows YouTube's Potential

It was all in good fun I guess.
It's nice to see that during hard times in the mid-northern state of MN things are not so bad.

Then again the men in the video are probably all Policemen, Firemen, or union workers, and the women are probably all teachers.
All living off the taxpayers. Recession for these people?
Nah.
Life is good so might as well celebrate.

compdivplan.com

Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview

tennisplayer:

<<Laszlo Birinyi has one of the best stock analyst track records fomany years>>

Could you post a link that confirms that statement?

<<Best to listen to expert conflicting views than be a chicken little>>

As per my previous post I am long stocks, some ETF's. etc. I am just not long the "garbage" that is "sold" to the general investing public by the same people who have been dead wrong for the past 12 months.

<<You will be on the sidelines watching as the market goes up and miss the upside.>>

What matters MOST in investing is long term consistency, not trying to miss a huge upside. In 2003 my portfolio was up, yet not as much as the S & P. Then from 2004 thru this year I out performed the indexes.
The indexes are now back at 1999 levels. My portfolio is back at 2006 levels.

Enough said.

I think you need to spend less time worry about the predictions of these market mavens and more time generating long term consistent returns.

Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview

We always have to ask ourselves:

Where were these "experts" like Laszlo Birinyi, when the market was at 14K, and the S & P 500 was 700 points above its 30 year trend line?

Oh thats right, they were on TV yelling buy buy buy.
And when the markets started to fall apart they said it was a correction and you had to buy buy buy.
And when the markets were down 30%, they kept saying now is a great time to buy buy buy, and keep buying all the way down.

The real problem is:
We as the general public let them get away with it.
We allow them zero accountability. We should be able to say to them, "You know what, of you are going to reach a national audience and tell people what to do, then you should be held accountable if you are wrong."

There are many, many people out there with no investing experience who look to these people for advice (most of which is awful advice).

Heck I'm not posting this because I am bearish in general. I take the middle road. I own a few US listed stocks. A few Canadian stocks. A few ETF's, some triple tax free munis. I am definitely no smarter than anyone around here, and I am the worlds worst trader to boot.

Yet, my portfolio was down only 15% in 2008, while 99.9% of these talking heads and asset gatherers destroyed so much wealth this year.

I take the middle road, always. Not to bullish, not to bearish, in the middle just trying to generate consistent returns over time.

Just ask the average american who's portfolio value is where it was back in late 1998. (Based on the S & P 500 of which the majority of americans use as the basis for their investment portfolios)

Thankfully, my portfolio is only set back about 2 years worth to 2006.
I hope all of you have had the same success as I have managed thus far to have, and I wish you all the best.

Let us keep a rational perspective about the markets as it has become clear that those who have been dead wrong over the past 12 months are now beating the drums, telling you everything is OK now, without a care in the world.

Remember, they all have their real agendas well hidden from view.