Seeking Alpha


Send Message
View as an RSS Feed
View bosco115's Comments BY TICKER:

Latest comments  |  Highest rated
  • You Just Got $1 Million. Now What? [View article]
    What awful advice. Your suggested portfolio has lost 14% YTD, plus an additional 1% fee for expenses. Yuck.

    Don't dump your entire windfall into stocks. It should be partitioned between aggressive investments and passive investments.

    Of the portion you allocate to stocks, you should invest in something well-diversified and with the lowest expense ratios. If you invest the stock allocation in your portfolio in VTSAX, you're currently looking at a 2% YTD return with 0.05% expenses. Much better.
    Nov 18, 2015. 12:46 PM | 9 Likes Like |Link to Comment
  • China cuts rates; futures add to gains [View news story]
    The more QE that is flooded overseas, the more likely the Fed is to delay raising rates or even engaging in QE4.

    Bad news is good news. That's what happens when the market is hooked on stimulus like a meth addict.
    Oct 23, 2015. 10:24 AM | 5 Likes Like |Link to Comment
  • China GDP beats estimates, but slowest pace since 2009 [View news story]
    The bubble hasn't already popped.

    Banning shorting is insane. Shorting is a part of a normal market. It keeps healthy downward pressure on prices to slow asset bubbles.

    "The ban on selling doesn't affect me, so I don't care." Utter lunacy. Keep drinking the Chinese Kool-Aid. I guess I would too if the alternative was 220V straight to my balls.
    Oct 21, 2015. 03:13 PM | 1 Like Like |Link to Comment
  • China GDP beats estimates, but slowest pace since 2009 [View news story]
    Beijing banning short selling and then jailing for selling shares is "prudent"? You're insane. Watch out for the bubble popping.
    Oct 20, 2015. 12:49 PM | 2 Likes Like |Link to Comment
  • China GDP beats estimates, but slowest pace since 2009 [View news story]
    If you consider the American stimulus measures desperate, what do you call the Chinese stimulus measures?

    Just be careful you don't sell the wrong stock and wind up in prison with a car battery tending your nipples.
    Oct 19, 2015. 01:54 PM | 2 Likes Like |Link to Comment
  • A Test For The Bears [View article]
    Sentiment has been bearish for several months, continually trending down. This started before the correction. Knowing this, how can you point to bearish sentiment and say NOW is the time to buy? Investor sentiment has not been a good indicator recently for the market. Your timing is fabricated.
    Sep 22, 2015. 11:22 AM | Likes Like |Link to Comment
  • August CPI in-line with estimates [View news story]
    People always bring this up. "I spent XYZ on gasoline and food in the last month, therefore the reported inflation number is fake!!" These are only the most visible purchases you've made. The inflation rate of durable goods is different than the milk and gas you bought at the corner store. The numbers are not bullshit. They're just much more dependent on the sale price of Boeing jets and Whirlpool washing machines than they are on your Little Debbies.
    Sep 16, 2015. 11:25 AM | Likes Like |Link to Comment
  • More state support in China? [View news story]
    Longer than you can stay solvent.
    Sep 16, 2015. 09:48 AM | 2 Likes Like |Link to Comment
  • IMF: Fed can delay rate hike [View news story]
    The market is addicted to stimulus. The longer you inflate the asset bubble, the more catastrophic the correction.
    Sep 3, 2015. 10:49 AM | 20 Likes Like |Link to Comment
  • At the close [View news story]
    Except emerging markets represent the majority of earnings growth of S&P 500 companies, and they're sinking. The market is being supported by corporate buybacks, as retail investors have fled. If their earnings are dropping, buybacks will dip, and market support will follow.

    Valuations need to return to normal levels. They're still sky-high, and I'm not buying.
    Aug 26, 2015. 04:24 PM | 1 Like Like |Link to Comment
  • The Mysterious Selloff [View article]
    >"A bounce soon should probably not be a surprise. It may not happen before a deeper selloff; I wouldn't be surprised if some margin calls went out over the weekend that could ramp up the selling at the open Monday."

    What a fantastic call.
    Aug 24, 2015. 02:39 PM | 4 Likes Like |Link to Comment
  • At the open [View news story]
    I was looking at CVX with a 69-handle. That was very attractive, but I don't have the stomach to buy just yet.
    Aug 24, 2015. 12:25 PM | Likes Like |Link to Comment
  • What Today's Market Collapse Proves And What You Should Do About It [View article]
    >"Lastly, to hold onto your dividend and top-rated stocks as long as possible, essentially holding all of those dividend, low beta, top stocks unless the market gets 25% to 30% off its highs. At that point, it is likely to go even lower, having reached these levels twice since 2000 and both times losses accelerated to 40% or more from peak levels."

    This screams Recency Bias.

    If you're holding good companies with reasonable valuations, even if the market takes a downturn, they will inevitably rebound. Otherwise, you run the risk of selling at the bottom like many did in Fall 2011 after a 20% correction.
    Aug 21, 2015. 03:00 PM | 4 Likes Like |Link to Comment
  • The 'Big Long' - Goldman Sachs And HSBC Buy 7.1 Tons Of Physical Gold [View article]
    How about neither, and give them a Vanguard stock index fund?
    Aug 12, 2015. 01:08 PM | 1 Like Like |Link to Comment
  • The 'Big Long' - Goldman Sachs And HSBC Buy 7.1 Tons Of Physical Gold [View article]
    Another Seeking Alpha gold salesman, this time using an argument from authority. "These guys know what they're doing, and they're buying gold."

    Aug 10, 2015. 04:54 AM | 6 Likes Like |Link to Comment