In 2007, Warren Buffett bet hedge fund manager Ted Seides $1 million for charity that a fund indexed to the S&P 500 would beat five of Seides’s favorite hedge funds over 10 years. The S&P returned 7.1 percent annually; the five funds returned 2.2 percent. Buffett didn’t just win the bet, he won an argument about investing. Professional money managers look for patterns in the markets or divine signs on a balance sheet. Sometimes their systems work well for a while. But time, or Cronus, grinds most of them down, and few beat the S&P in the long run.
The crash on October 19, 1987, a date that is also known as Black Monday, was the climactic culmination of a market decline that had begun five days before on October 14. The DJIA fell 3.81 percent on October 14, followed by another 4.60 percent drop on Friday, October 16. On Black Monday, the Dow Jones Industrials Average plummeted 508 points, losing 22.6% of its value in one day. The S&P 500 dropped 20.4%, falling from 282.7 to 225.06. The NASDAQ Composite lost only 11.3%, not because of restraint on the part of sellers, but because the NASDAQ market system failed. Deluged with sell orders, many stocks on the NYSE faced trading halts and delays. Of the 2,257 NYSE-listed stocks, there were 195 trading delays and halts during the day. The NASDAQ market fared much worse. Because of its reliance on a "market making" system that allowed market makers to withdraw from trading, liquidity in NASDAQ stocks dried up. Trading in many stocks encountered a pathological condition where the bid price for a stock exceeded the ask price. These "locked" conditions severely curtailed trading. On October 19, trading in Microsoft shares on the NASDAQ lasted a total of 54 minutes.
On May 6, 2010, the stock market was having a pretty negative day, with the Dow Jones Industrial Average down by over 300 points with just over an hour left in the trading session. At approximately 2:42 p.m. EST, the market dropped by another 600 points in five minutes. Keep in mind that the Dow was only at about 10,500 at the time, so this was a big drop, percentage-wise.
On September 20, the London Stock Exchange crashed when top British investor Clarence Hatry and many of his associates were jailed for fraud and forgery. The London crash greatly weakened the optimism of American investment in markets overseas. In the days leading up to the crash, the market was severely unstable. Periods of selling and high volumes were interspersed with brief periods of rising prices and recovery.
HARRY DENT JR.: We may be starting a topping process. I’m seeing signs of that, but it hasn’t yet been proven. We ought to see the market start to go down by early next year. If it doesn’t, I’m going back to the drawing board. If the market doesn’t start crashing by late January or early February, then we aren’t topping here. But we’re saying there’s going to be a crash. It’s just a matter of when [exactly].
Les CELI affichant des rendements « hors-norme » ($ 52,000 de dépôts menant à $ 600,000) ne sont plus considérés par le Fisc comme des comptes d’épargne libres d’impôt mais comme des comptes d’investissement actifs procurant un avantage au détenteur. Ces « excès » de rendement peuvent être taxés à 50% ou même 100% à la discrétion du Fisc… Des cas du genre ont été documentés et il faut bien faire attention à ce que l’on fait dans son CELI.
This is a time for contemplation; reflect on the wealth you have and keep it. Don’t gamble it away. Indeed, to describe the present scenario, it would be an insult to call it a market. It’s much more a casino. And this is where Warren Buffett’s warnings become important. It’s not so much Warren Buffett’s predictions for 2018 that count. Buffett tends to make longer-term analyses. For example, his latest major prediction is that the Dow Jones could hit 1,000,000 points in 2118. That’s well over 40 times the current number.
Price-Earnings ratios as a predictor of twenty-year returns based upon the plot by Robert Shiller (Figure 10.1, source). The horizontal axis shows the real price-earnings ratio of the S&P Composite Stock Price Index as computed in Irrational Exuberance (inflation adjusted price divided by the prior ten-year mean of inflation-adjusted earnings). The vertical axis shows the geometric average real annual return on investing in the S&P Composite Stock Price Index, reinvesting dividends, and selling twenty years later. Data from different twenty-year periods is color-coded as shown in the key. See also ten-year returns. Shiller states that this plot "confirms that long-term investors—investors who commit their money to an investment for ten full years—did do well when prices were low relative to earnings at the beginning of the ten years. Long-term investors would be well advised, individually, to lower their exposure to the stock market when it is high, as it has been recently, and get into the market when it is low."
Ben, you have many lifetimes of dealing with both wealth and poverty so you have reincarnated to use your knowledge gathered over many lifetimes. Essentially you have very fixed patterns around money, rent, mortgage, tax, business, shares, wealth, budget and so on. Even shopping. Taurus and Scorpio are fixed signs so they tend to dislike change, on the financial front, and get rather set in their ways. This will not go on. It actually can’t go on. And you will be liberated as a result. It may all seem very new and different – perhaps even rather dramatic – but by the time you get to 2019 you will see how ‘chained’ you were by some rather stuck attitudes towards money, property, taxation, business and the rest. You’re being offered a way to have a lot more space and room to move in your life, if you can just budge your position on your budget. It’s the ‘budge that budget’ cycle and it’s a smart idea to just go with it. Try not to hang on or look nostalgically back at 2017, 2016, 2015 when it comes. The future is rushing towards you.
America, Memes, and Black: Occupy Democrats Sep 20 at 7:51pm- Who else can't wait for this? TIME TRUMP RESIGNS ORANGE IMPLACH THE NIGHTMARE IS OVER Bryce Verret The only reason Democrats call record low unemployment, record low black unemployment, the stock market breaking 26k, fewest layoffs since 1990, potential 3% GDP growth (first time it will rise 3 consecutive quarters since 2005), rising wages, companies expanding, the untied states becoming the number 1 oil producer in the world, and millions off foodstamps a nightmare, is because, they hate seeing Trump and America succeed, eventhough the main stream media constantly tells us how horrible of a president he is. 5m Like Reply
Originally a UK grocer, Tesco has expanded globally since the early 1990s, with operations in 11 other countries in the world. The company pulled out of the USA in 2013, but as of 2018 continues to see growth elsewhere. Since the 1960s, Tesco has diversified into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol, software, financial services, telecoms, and internet services. In the 1990s Tesco repositioned itself from being a down-market high-volume low-cost retailer, to one designed to attract a range of social groups by offering products ranging from low-cost "Tesco Value" items (launched 1993) to its "Tesco Finest" range. This broadening of its appeal was successful and saw the chain grow from 500 shops in the mid-1990s to 2,500 shops fifteen years later.
I have felt for a long time that the UK will leave the E.U. though still have some close economic and legal connections. I also feel that France will eventually leave and what is left will be a group of countries led and dominated by Germany. I predict that the E.U. will still be a trading community for much of Europe including Turkey and will include the UK but it will be something closer to the Common Market that the British people voted to join back in the 70’s.
Tesco's financial crisis of 2014 led to their reducing their capital expenditure on new shops, which led to the boarding up of new unopened shops in Chatteris, Cambridgeshire and Immingham, Lincolnshire. The controversial Chatteris mothballing caused local criticism after the £22 million project had re-routed a river and built a controversial roundabout and underpass, whereas the much anticipated Immingham development demolished a local shopping centre and closed several local shops to enable its construction. The impending arrival of Tesco also contributed to the Co-operative's decision to close their shop in the town. Tesco's announcing the indefinite delay in their shop opening left the town of around 15,000 inhabitants without a supermarket. Tesco went ahead with the opening of shops in Little Lever, Dunfermline and Rotherham.
Vous a-t-il au moins expliqué pourquoi il croit que les fonds indiciels sont une mauvaise idée? Personnellement, le seul point négatif que je vois actuellement aux fonds indiciels est que, si tout le monde investie dans ce type de fond, le marché va devenir stagnant, et à ce moment là ça risque d’être plus avantageux d’investir activement. Mais on est loin de ce scénario. La majorité des planificateurs financiers sont incapables de battre le marché de façon constante sur le long terme, et en tant qu’investisseur, perdre 2,3% de profit pour se payer un planificateur est énorme! On parle de 2,300$ par année sur 100,000$. Sur 20 ans on est rendu à 23,000$, sans compté les intérêts composés perdus. Imaginez sur une porte-feuille de quelques millions…
The critical point where bubbles end happens as investors begin to think that the rally is over. It is when this opinion travels deep into the system and becomes generalized that the system ends up in a crash. The paradox here is that a crash is often (and mistakenly) characterized as “market chaos.” In fact, it is the opposite: a crash reflects a highly ordered market, when everyone does the same thing (i.e. sell). A truly “chaotic” market is one where everyone is doing something different, interactions offset each other and price volatility remains low.
Thank you. You have your IC at 21 Cancer so if your birth time is correct, you have a relative in your family tree who was extremely good with property. No wonder you are curious about Australia’s city house and apartment prices. The cycle we are going into is ‘Lose your illusion” and as everyone in their fifties was born with Neptune (bubbles) in Scorpio in the Eighth House (mortgages) right from May 2018, for many years to come, Uranus will blow those bubbles around and pop a few too. The more unrealistic people have been about what property is worth, the greater the wind machine that drives the bubbles around the country. You’re going to see it most obviously with that older generation as they escape from reality by borrowing and tend to be credit card/mortgage dependent. In your own particular case, what you are waiting for is the North Node to move to 21 Cancer into your Fourth House of apartments and houses. The Node starts to shift at the end of this year. Your IC is, however, dependent on an accurate birth time!
Ninth, Trump was already attacking the Fed when the growth rate was recently 4%. Just think about how he will behave in the 2020 election year, when growth likely will have fallen below 1% and job losses emerge. The temptation for Trump to “wag the dog” by manufacturing a foreign-policy crisis will be high, especially if the Democrats retake the House of Representatives this year.
In July 2013 Tesco security staff violated the UK Equality Act 2010 by refusing to allow a blind lady's guide dog to enter the Feltham shop. Tesco staff refused to apologise for the violation of the law for 5 days. It was also revealed that security staff had thrice previously ordered a different blind person and his guide dog to leave the shop. Following further incident in 2013 when the manager of Tesco in Sutton ordered a blind person and her guide dog to leave the shop, Tesco stated that their staff had received training to ensure that such an incident would not happen again. However, a year later in 2014 three Tesco cashiers banned a blind person and her dog from their shop.
Last year I predicted a ‘world flu epidemic’ toward the end of 2017 or the start of 2018. I feel this could still happen. (10/10 Correct: “‘worst killer flu’ in 50 years” – Headline: The Sun 5th Jan 2018.) There may be a link to biological warfare seeded in multiple countries by North Korea working with a terrorist group. (Happening? “Reports Pyongyang is testing biological weapons for use on ballistic missiles.” Sky Television 27th Dec 2017 – these predictions were posted in October 2017)
The Tesco supermarket chain is involved in litigation such as the Ward v Tesco Stores Ltd and Tesco Supermarkets Ltd v Nattrass cases. Tesco have been criticized for aggressively pursuing critics of the company in Thailand. Writer and former MP Jit Siratranont faced up to two years in jail and a £16.4 million libel damages claim for saying that Tesco was expanding aggressively at the expense of small local retailers. Tesco served him with writs for criminal defamation and civil libel. The Thai court dismissed the case, ruling that the criticism made by the defendant was 'in good faith by way of fair comment on any person or thing subjected to public criticism'.
The planet of abundance, Jupiter, will aspect the conjunction of Sun & Venus on 14th. Over-supply will cheer the Bears, as decrease in demand in the stocks of textiles, cotton, fruits, FMCG, bullions will be noticed. Mercury will move Direct from 15th and will give the Bulls a reasons to feel happy. Banking stocks, Insurance companies, FMCG, Capital goods will rise, after showing small dips in the prices. Rising influence and increased market share of the MNCs will result in reduction of the local business. Overall, annual sales of Rubber, Silver, luxury goods, Zinc and Cotton sector companies may see decline. Third week of the month will see buying interest by the optimistic traders. Saturn is getting retrograde in Sagittarius on 18th. Due to International political games, artificial shortage in crude will be observed. The rates of Oil (BPCL, IOL), Coal (Coal India), Gas (IGL, Mahanagar gas) and Steel (Tata Steel, JSW) sector companies will get bullish impact.
Uranus in Taurus vanishes from 6th November 2018 but he returns to the money sign, on March 7th 2019. Anything or anybody people assumed had ‘gone away’ has not. In fact, the FTSE will show dramas in March 2019. Why? Uranus suddenly jumps to 0 Taurus and begins to move closer to that 0-1 pattern. The Nodes, Jupiter and Chiron also dance around 0-1 degrees and also 24 degrees, which as we’ve seen are hotspots from Tokyo to Dublin – from the United States to the United Kingdom. April 2019 also sees financial spikes as Uranus moves to 1, 2 Taurus and both Jupiter and Pluto dance around 24 degrees. Very close to 23rd April 2019 the FTSE is in an intense spotlight. Wednesday 8th, Thursday 9th May 2019 challenge the world economy. Change or stay stuck. This is around a year away as I post this, but I will keep updating you from May 2019.
r/MemeEconomy is a quirky solution, a subreddit in which people discuss memes as if they’re real-world commodities. If a meme is just beginning to bubble up online, you say you’re going to BUY. If a meme has peaked, you SELL, SELL, SELL. No real money is involved. The game is just an artifice with which to vocalize your commentary as a knowledgeable insider. It’s intentionally tongue in cheek, talking “investments” without seeming too invested.
Currently, the U.S. stock market is in the midst of one of the longest bull markets in its history. Since bottoming out in March 2009, the broad-based S&P 500 (INDEX: ^GSPC), led by a strong rally in technology stocks and other growth industries, has surged by more than 325%! Mind you, the stock market has historically returned 7% a year, inclusive of dividend reinvestment and adjusted for inflation. So, to say that things are going well right now would be an understatement.