Maze
吃瓜群众
My avatar triggers you? Good
MTG is resigning
- Thread starter Damocles
- Start date
TOP
Retired Teacher
No thanks.... I got to experience it when it was still enjoyable.... When was the last time you were there? I'm bet and you wouldn't move there or Suggest that any friends or family do the same....
Guno צְבִי
We fight, We win, Am Yisrael Chai
You ignorant hayseed yokel have no idea of NYC or living there
Althea
Althea told me...
I think that the missing post crash losses should be mentioned.You might want to not make statements as if they are fact when they are so easily checked.
Not only did hedge funds beat that return, the markets as a whole came pretty close to doing that.
S&P on Dec of 2002 - 879.82 - If you had $10,000 invested in just 4 years by Dec of 2006 you would have $17,088.
Then if we simply look at mutual funds and not even hedge funds we see that for the 4 years from 2001 to 2004 at least ten had over 100% returns and two of them saw over 200% return (tripled) in that 4 years.
50 Best Performing Index Funds From 2001 To 2004 | StatMuse Money
CSF had the highest return between 2001 and 2004 by a major index or ETF, returning 271.4%.www.statmuse.com
Then if we go to 2008-2011 we see something that you seem to think could never happen. A return of over 96 million percent for that four year period. Once again over ten mutual funds would have more than doubled your money in that time period.
View attachment 65922
50 Best Performing Index Funds From 2008 To 2011 | StatMuse Money
ERX had the highest return between 2008 and 2011 by a major index or ETF, returning 96,434,600%.
From 2009-2010, at least 25 funds would have more than doubled your money in only 2 years after the 2008 housing crisis.
After every crash, the gains are astronomical for those who weathered the storm. Millions, however, became homeless.
Apologies...I can't see the nonsense that you were responding to.
Althea
Althea told me...
It's only a 'billion dollar resort' when he borrows against it. Otherwise, for tax purposes it's a bungalow.
QP!
Verified User
Trump was clearly spooked by the last round of election losses being as deep as they were. Since then we have seen refocus on the 'affordability' argument that he knows is the key appeal to the coalition he pulled together to win the GE. He knows if he cedes that ground to the Dems his coalition will fall apart and he will be left with more of just a base vote and that could lead to a Dem wave in the MT's.
So i think you will see Trump try to switch to affordability now and then go back to whipping up the culture war fight and calling Mamdani and others communist closer to the election. At least i think that is what he is trying to do but we know Trump can be triggered to going back to attack mode at any second.
Guno צְבִי
We fight, We win, Am Yisrael Chai
I’d move there if I could afford it. Not sure after being in Florida most of my life how I’d cope w winter.
I get the opportunity to go about once a year, love it, never felt unsafe. Ride the subway, day and night. Took my 14 year old daughter recently, subway walking around the city at night. No issues, beautiful city.
QP!
Verified User
Say what you will about Marjorie Greene (i agree she is bat shit crazy) but i give her credit for being a true believer. Actually having a principled stand below all her deficient personality traits.
That is something the magats on this site do not have as they shift daily on everything they believe as Trump changes his minds. They hate groomers and pedophiles for years, and then protect them a day later after a Trump shift.
Greene i believe genuinely believed there was a 'Deep State' of powerful people who both protected pedophiles and also was taking advantage of the poor people, represented by much of her constituents and lastly that America First meant focus at home and staying out foreign conflicts.
I think she genuinely (foolishly) believed Trump was going to break the old party connection to those things and for her now to see Trump is all in on protecting Ghislaine Maxwell and the Epstein files, ...he is all in on making himself and the TOp rich people much richer while devastating her poorest constituents by taking away their healthcare, etc, ...and all in on remaking the Neocon movement such that John Bolton now says he and Trump are perfectly aligned on policies such Venezuela and Gaza remaking, ... i think those things broke Marjorie.
For Magats on this forum they just embrace them all as they do not have a single principles position and it is just 'what does cult leader think today', that then informs their view.
TOP
Retired Teacher
Ok.. That is a slight issue... Affordability.... I'm glad that you Did not
have any issues, though... You were lucky... I Hope it does go back to what it was once... We used to have a great time... You're good where you are....That's a lovely place to live...
Mid-New Jersey is NYC. I have often described myself as a New Yorker.
We'll see what happens.
Tobytone
Verified User
Oh, look, the fact-checker from the discount aisle is back with his cherry-picked StatMuse screenshots and a whole lot of nothing. You just hit on a subject from the peak of my early politican obsession combined with a subject I know well, so I thought I'd take a minute to school you and your pathetic attempt to pretend you know a damn thing about it. So, since you're so eager to 'check facts,' let's dismantle this amateur hour performance and show why it's even dumber than it looks.You might want to not make statements as if they are fact when they are so easily checked.
Not only did hedge funds beat that return, the markets as a whole came pretty close to doing that.
S&P on Dec of 2002 - 879.82 - If you had $10,000 invested in just 4 years by Dec of 2006 you would have $17,088.
Then if we simply look at mutual funds and not even hedge funds we see that for the 4 years from 2001 to 2004 at least ten had over 100% returns and two of them saw over 200% return (tripled) in that 4 years.
50 Best Performing Index Funds From 2001 To 2004 | StatMuse Money
CSF had the highest return between 2001 and 2004 by a major index or ETF, returning 271.4%.
Then if we go to 2008-2011 we see something that you seem to think could never happen. A return of over 96 million percent for that four year period. Once again over ten mutual funds would have more than doubled your money in that time period.
View attachment 6592250 Best Performing Index Funds From 2008 To 2011 | StatMuse Money
ERX had the highest return between 2008 and 2011 by a major index or ETF, returning 96,434,600%.
From 2009-2010, at least 25 funds would have more than doubled your money in only 2 years after the 2008 housing crisis.
First, your S&P 500 example from Dec 2002 (879.82) to Dec 2006: $10k turns into $17,088? That's a ~70.88% total return over four years, or about 14.5% annualized. Solid bull market run, sure. But here's the rub, genius: congressional portfolios during that exact stretch (2004-2008 data, overlapping your window weren't matching the broad market, they were crushing it, with House members averaging +21% annually and senators at +12% annually, per the Ziobrowski studies that kicked off the whole STOCK Act scandal. That's not 'pretty close to the market', that's beating it by 6-7% a year on average, year after year, with uncanny timing around briefings on housing bubbles and bailouts. Random chance? Please. Even your own 'reform' era (post-2008) saw Pelosi's crew posting double-digit outperformance while the S&P clawed back from -38% in '08.
Now, your 'mutual funds' gotcha: Yeah, a handful of hyper-specialized funds (like CSF at 271% total 2001-2004) tripled money, cherry-picked outliers in a niche sector (energy/tech recovery plays) that any pro could spot with a Bloomberg terminal. But the average mutual fund? Try -2.5% annualized over that dot-com hangover period, while the S&P eked out ~1-2%. Congress? Still +6-12% annually, without needing a crystal ball beyond their classified intel. And that ERX '96 million percent' from 2008-2011? Cute, it's a 2x leveraged energy bull ETF that launched in Nov 2008, right as oil cratered to $30/barrel before rebounding to $100+ by 2011 on the recovery wave. Total return ~96,000%? Bullshit exaggeration, actual data shows ERX up ~2,500-3,000% total (still insane, but because it's leveraged volatility porn, not 'normal' investing).
Meanwhile, the S&P was up ~80% total (-20% in '08, then +26%, +15%, +13%). Congress? +20-30% annualized in that window, check Unusual Whales and post-STOCK disclosures, with trades timed perfectly around TARP votes and Fed whispers. Not 'impossible,' just insidr magic no retail schmuck gets.
And 2009-2010? '25 funds doubled money in 2 years? Again, outliers like gold/minerals plays (up 100-200% on post-crash fear trades), but the average equity mutual fund returned ~25-30% total (S&P +50% in '09 alone). Congress? Outperformed by 10-15%, with zero risk of picking losers because they knew which banks were getting bailed.
You're not 'checking facts', you're dodging them with edge cases while ignoring the core point: Congress routinely beats the average investor (and often the market) because they trade on non-public info that's illegal for you or me. The STOCK Act was a sham fx they half-assed and gutted, and Pelosi's still at it today with +100% portfolio pops in '24 while the S&P grinds +25%.
Keep Googling those cherry-picked outliers to feel better, dumbass. The rest of us see your bullshit plain as day. What’s your next deflection, comparing Congress to lottery winners who just got lucky?
I could’ve just called you a moron and kept scrolling, but believe it or not, this was way more fun. Took me straight back to decades ago when I lived and breathed politics, back when my eyes finally snapped wide open to the obscene corruption baked into a system where 536 people get to carve up trillions of dollars every year like it’s their personal piggy bank.
Thanks for the trip down memory lane. Your arrogance and ignorance just made my whole morning.
More deflection.
cawacko
Well-known member
Trump trolls more than most, but this idea of politicians being cordial in private and doing the performative public trash talking is nothing new. That’s how the game has always been played.But, and I know you will disagree, Trump has raised the level of attacking and trolling to a new level, no former President has used the Presidential pulpit to label political opponents “evil,” “traitors,” and guilty of crimes “punishable by death.”
No doubt within a short time Trump will be calling Mamdani a Commie and threat to America
Big one today, and it appears your crosstown rival pulled a fast one, only again confirming NIL is the end of college football
UCLA Football Caught Exploiting Youth Charity For Tax-Free NIL Money To Help Land Nico Iamaleava
UCLA was able to sign former Tennessee quarterback Nico Iamaleava out of the transfer portal in large part because of an influx of NIL money that wasbrobible.com
I don’t doubt what that article is saying per se but if it were a scandal it would be all over our board and no one is saying anything about it.
When Trump says words like "affordability" and "Groceries" are his creations, or that they were rarely used,he shows he is lacking some important mental and life experiences. How many times does he speak and you are thinking WTF is he talking about. Trump is quite a stupid and unevolved man who has no clue what the lives of almost all citizens are like. Trump's life experience is that he tells people to do something, and they do it is not normal. He should be put out to pasture and play golf and live his pampered life until the end. He also has a huge cruelty streak that shows up again and again. He feels nothing when he has someone killed. Not a pang of feeling about what he is taking away. He was asked about the Venezuelan people he was killing from a distance, and he did not have an iota of conscience or doubt. We have tio survive Trump and there is no guarantee that we can.
Maze
吃瓜群众
I used to live right in the heart of Manhattan.
Sweet, what an experience, my wife lived on the East Side when I met her.