Keith Law's Midseason Top 50 Update

Enscheff said:
So you're saying you do your investments through a personal banker at a local retail bank right now?

If that is truly the case, you don't need to PM me, I'll just refer you to Fidelity or another investment firm right here.

I'm sure you're wealthy beyond all reckoning though haha. Landscaping and junk removal is probably big bucks in the South.
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No, I only buy commercial property through the local bank. I use Merrill Lynch fort he majority of investments (have a small account I manage myself). But, they have only gotten me 10% returns this year so maybe you can help?

I do wish I was involved in junk removal (1-800-Junk is killing it). My buddy also has a landscaping firm up north (Long Island), that I have a small piece of, but that is the extent of my landscaping experience (I pay someone to do mine).
 
gilesfan said:
No, I only buy commercial property through the local bank. I use Merrill Lynch fort he majority of investments (have a small account I manage myself). But, they have only gotten me 10% returns this year so maybe you can help?

I do wish I was involved in junk removal (1-800-Junk is killing it). My buddy also has a landscaping firm up north (Long Island), that I have a small piece of, but that is the extent of my landscaping experience (I pay someone to do mine).
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I'm at 12.42% for the year, so sure, I'll help.

I'm using a roughly 20% equal mix into:

TRLGX (24.97% YTD)
S&P 500 Fund (11.69% YTD)
TRMCX (5.23% YTD)
State Street International Index Non-Lending Series Fund Class C (17.46% YTD)
State Street U.S. Bond Index Non-Lending Series Fund Class C (2.72% YTD)

Very minimal fees.

And I won't even charge you for the advice.

You're welcome.
 
Enscheff said:
I'm at 12.42% for the year, so sure, I'll help.

I'm using a roughly 20% equal mix into:

TRLGX (24.97% YTD)
S&P 500 Fund (11.69% YTD)
TRMCX (5.23% YTD)
State Street International Index Non-Lending Series Fund Class C (17.46% YTD)
State Street U.S. Bond Index Non-Lending Series Fund Class C (2.72% YTD)

Very minimal fees.

And I won't even charge you for the advice.

You're welcome.
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Thanks for the advice, but I just figured someone as smart as you would do better. Thanks again.
 
gilesfan said:
Thanks for the advice, but I just figured someone as smart as you would do better. Thanks again.
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Would do better? I am doing better...

Additionally, I am tracking the total margin debt as reported monthly by the NYSE. I am keeping an updated 12 month rate of change calculation going. That rate has gone over 0.04 only twice during the time I have data. Both times accurately predicted the 2001 and 2008 market meltdowns. Getting out of equities in 2008 due to that metric saved me a boatload of money.

I'll tell you when that rate hit 0.04, again, free of charge.

You're welcome.
 
Lulz you idiots are in the markets? The only smart move is liquidizing all your assets and stocking up on ammo and toilet paper, they're coming for us.
 
Enscheff said:
Would do better? I am doing better...

Additionally, I am tracking the total margin debt as reported monthly by the NYSE. I am keeping an updated 12 month rate of change calculation going. That rate has gone over 0.04 only twice during the time I have data. Both times accurately predicted the 2001 and 2008 market meltdowns. Getting out of equities in 2008 due to that metric saved me a boatload of money.

I'll tell you when that rate hit 0.04, again, free of charge.

You're welcome.
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Damn, the Chef says go screw yourself, efficient market theory. I got this cracked!
 
smootness said:
Lulz you idiots are in the markets? The only smart move is liquidizing all your assets and stocking up on ammo and toilet paper, they're coming for us.
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Correct. After we seize the means of production, their abstract "stocks" will mean little—though I suppose, if they've taken the time to print records, those records may provide kindling.
 
bravesfanMatt said:
Is this pre Australian dude wrestling.. or post..
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First of all, I never grappled, it was always Muay Thai stand up striking training and sparring.

Second of all, no, I haven't thrown a punch at someone in over a year after some dude hit the reset button on my chin and I forgot 3 hours of that night haha. I'm too old to get beat up by angry 22 year olds anymore.
 
Enscheff said:
Would do better? I am doing better...

Additionally, I am tracking the total margin debt as reported monthly by the NYSE. I am keeping an updated 12 month rate of change calculation going. That rate has gone over 0.04 only twice during the time I have data. Both times accurately predicted the 2001 and 2008 market meltdowns. Getting out of equities in 2008 due to that metric saved me a boatload of money.

I'll tell you when that rate hit 0.04, again, free of charge.

You're welcome.
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I mean, I'm not changing advisors over a 2% difference. That is only a couple hundred thousand dollar difference per year for me. Not worth the hassle.
 
Enscheff said:
First of all, I never grappled, it was always Muay Thai stand up striking training and sparring.

Second of all, no, I haven't thrown a punch at someone in over a year after some dude hit the reset button on my chin and I forgot 3 hours of that night haha. I'm too old to get beat up by angry 22 year olds anymore.
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Cool. I took Kenpo for a few years and got to Brown belt. I almost got my eye knocked out when we were fighting with bamboo sticks. The thing broke in half missing my eye by about half inch. Kendo is murder on the hands and wrists
 
gilesfan said:
I mean, I'm not changing advisors over a 2% difference. That is only a couple hundred thousand dollar difference per year for me. Not worth the hassle.
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Lol ok Mr Warren Buffet.

We peasants that don't have anywhere near 8 figures invested yet care about 2% in half a years time haha.
 
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