[quote=Reality][quote=Rich Toscano]Are you guys also going to share your returns if davelj turns out to be right in the end? :-)[/quote]
Fat chance.[/quote]
Its painful to even look at longterm losses let alone discuss.
I held on to some in the red gold shares for 5 years before breaking even.
This hasnt happened with the normal indices.
.we alk think we could withstand 5 to 7 years down. That we have a longterm outlook.
If we had to look at our 401k balance at 30,40, 50 percent down, year after year, says its 2026, and your a third down and inflation is wild, no one would want to talk about whether they were 38 or 44 % down in terms of better performance.
hell, no one, self included, is even sure of this is possible anymore, with the fed backstopping losses.
talk is cheap when things are good, painful in bad times. that’s why therapists charge so much.
