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AlbyVA

AlbyVA
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  • This ETF Is Overreacting To The Sell-Off [View article]
    If they are leaving SPY, they must be leaving the market. Because after all its an Index Fund of the S&P500. If the S&P500 is going to tank, there is no safe place to hide.
    Aug 15 06:45 AM | Likes Like |Link to Comment
  • This ETF Is Overreacting To The Sell-Off [View article]
    The end of the article says it all: "Despite these recent outflows and the overreaction to the sell-off, I believe that SPY will retain its crown as the world's largest and most liquid ETF for years to come. "


    In other words, the previous commentary of this article is "moot".

    SPY is pretty much on par with the S&P500. It's an Index Fund with the tiny fee and over the long haul will out perform 95% of most fund and hedge fund managers and their limited and lucky wisdom.
    Aug 15 06:43 AM | Likes Like |Link to Comment
  • What Is The Net Real Annualized Return Of The S&P 500? [View article]
    Buying and holding bonds to maturity never made anybody rich.
    Day trading stocks is like playing poker. You might hit a streak and think
    that you are the man raking in the cash for now. But over the long run, you will lose.

    Buy the S&P500 Market and just sit on it. Your long term asset growth with
    near zero risk (over the long haul) beats anything that somebody can offer up. Anybody with a retirement 401k or IRA is best advised to by (NYSEARCA:SPY) or something similar with the lowest fees possible and over the next 20 or 40 yrs, you'll smoke 95% of the competition chasing hot Cramer Stocks or the latest Uber taxi cab business. lol 100 years of data crushes everybody.
    Aug 12 11:17 AM | 1 Like Like |Link to Comment
  • What Is The Net Real Annualized Return Of The S&P 500? [View article]
    The S&P500 is a better asset to hold than a US Treasury Bond.
    Once Treasuries start to yield north of 7.00%, it's time to reconsider.

    Give me (NYSEARCA:SPY) any day.
    Aug 11 08:17 AM | Likes Like |Link to Comment
  • What Is The Net Real Annualized Return Of The S&P 500? [View article]
    Lets say it's 7.00% year over year. They forgot to add in the 2.00% average dividend rate. So now it's more like 9.00%.

    I'd say those returns beat 95% of the smartest fund managers, stock pickers, and hedge funds over the long haul. Buffett is already winning a challenge in which he put $1/million into an S&P500 Index fund with a 0.005% fee and is killing a competing hedge fund trying to jockey it's way to profitability.

    Nobody beats the S&P500 over the long run.
    Aug 10 08:35 AM | 4 Likes Like |Link to Comment
  • Warning! The Fed Could Kill Stocks This Week [View article]
    The market is only about 17x earnings vs. the 26x back before the 2008 crash. So puhlez!!!!! Cool it with the doom and gloom predictions, the market is healthy and moving onward and upwards. After the almost 10yrs (2001-2010) of churn with nearly 0.00% gains, the market has a lot of room to move up. Sell out at your own loss. YTD the S&P500 is up 7.00%. YoY the S&P500 is up 21%.

    Anybody who bought the Doom and Gloom k00l-aid is now "wishing" the market would crash so they can get onboard.
    Jul 8 08:05 AM | 7 Likes Like |Link to Comment
  • History Predicts The S&P 500 In 2014 Will Be ... [View article]
    I smell a bot "Looking at earnings $SPY is fairly valued" Muahahaahaha
    Mar 9 09:09 AM | Likes Like |Link to Comment
  • History Predicts The S&P 500 In 2014 Will Be ... [View article]
    The thing about Buffett is that he is a man with No Fear and a lot of Patience. Along with being grounded in the school of focusing on the lifetime income an asset can produce and ignoring the ebbs and flows of its price in the market.

    I've got to wonder, could Buffett recreate his success story today if he was starting over?
    Mar 7 10:24 AM | Likes Like |Link to Comment
  • Why Bitcoin Matters [View article]
    He should milk it for all it's worth. I'd say, "My speaking fees are $100,000/hr".
    Mar 7 10:20 AM | Likes Like |Link to Comment
  • Why Bitcoin Matters [View article]
    Why not? Uncle Sam insures your deposits. You as the depositor are protected from the risk taking that a bank might engage in. Or the bank robbers who knock over the place.

    When it comes to Bitcoin, you've got zero protection. Theft, Accounting sanfus, anything, when your Bitcoins sit somewhere other than in your wallet.dat file tucked safe and sound in your safe, you are at risk of losing everything.
    Mar 7 10:19 AM | 1 Like Like |Link to Comment
  • History Predicts The S&P 500 In 2014 Will Be ... [View article]
    No doubt, fees are a killer. Somebody charging just 2% in fees will milk about 2/3rds of the money you could have earned over 20 years. You take all the risk and the fund manager reaps all the reward. Anybody who is paying 2% for a managed portfolio better start looking for a new manager.

    I agree it's a tricky road to be on. The safe and easy play with modest rewards that's hard to beat are S&P500 index funds with the lowest fees possible. Something like the SPY is only 0.0945% and a fund like CANE is around 2.30%. Those CANE managers are milking folks left and right.
    Mar 5 10:18 AM | Likes Like |Link to Comment
  • History Predicts The S&P 500 In 2014 Will Be ... [View article]
    Many times, looking at where you've been skews your assumption about where you are going. After all, how many people said Gold $5000 when it was $1800 and then it tanked 30%? Or loaded up on Nasdaq Tech in the 90s, only to see most of it wiped out?

    Never invest for the short term, it's a sucker bet. Always invest for the long haul. Few ever beat the S&P500 over the long haul. And if you can't beat them, you might as well join them. (ie: SPY)

    Buffett has big lead in bet against hedge funds
    http://cnb.cx/1hGErO8

    With four years remaining, Warren Buffett has a commanding lead in a decade-long bet that put a low-fee stock index fund up against a portfolio of high-priced hedge funds.
    Mar 4 12:58 PM | 1 Like Like |Link to Comment
  • History Predicts The S&P 500 In 2014 Will Be ... [View article]
    Folks need to remember the Golden Quote:

    "Past performance does not guarantee future results"


    If you are looking at a chart to predict the future, you've already lost.
    Mar 3 10:20 AM | 1 Like Like |Link to Comment
  • History Predicts The S&P 500 In 2014 Will Be ... [View article]

    People need to stop looking at Crystal Balls, Ouija Boards, Stars, Tea Leaves, Charts, Graphs, and so on to predict the price of any stock or stock market.
    The "MARKET" is just a place where transactions take place. It tells you nothing about the future. It's not a leading indicator, it's a NOW indicator.

    The key lesson I've learned over these years is to (INVEST) in things which will return more value over time than you've put into them. For example, if you spend $1000 on a Milk Cow and that cow produces a 10% year over year profit over it's life of 15yrs, you'll make around $4,000. So the question becomes, which is more important, the price of the cow or it's lifetime profit potential?

    IGNORE the daily, monthly, yearly, swings of what market tells you the price of something is at this moment in time. Instead, focus on it's lifetime profit potential.
    Mar 2 06:29 AM | 5 Likes Like |Link to Comment
  • Why Bitcoin Matters [View article]
    Except everybody's account at Lehman was FDIC/SIPC protected. Everybody's MtGox account vanished into thin air. Nobody lost money that Lehman held. The owners managing that money just shifted from Lehman to Uncle Sam.

    When somebody else loses your bitcoins, you are SOL.
    Mar 1 09:35 AM | 3 Likes Like |Link to Comment
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