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justme


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In United States
Registered Jun 16, 2005

justme's most recent comments:

  • On 19 Sep 2014 in Distrustful Africans slaughter Ebola aid workers and dump their bodies in shit, justme said:

    Strategist says

    Can someone tell me who the fuck is at fault?

    Whose fault is it that I'm feeling left out here?

  • On 18 Sep 2014 in FL man kills 6 grandchildren and daughter before killing himself, justme said:

    In these kinds of cases, the following topic is NEVER spoken of in the media:

    The possibility that the persons killed were biologically unrelated to the killer, and that the motive was exactly that: The killer found out that he was not the father.

  • On 18 Sep 2014 in Who are the best investors? Those who forget they have an account., justme said:

    TAKE 2: The whole orginal article is rubbish. I'll give you an example, based on the SPX (S&P 500 index). Make a 20 year plot of SPX to follow what I say (the plot is now included below).

    If you took all your money and put it into SPX (or equivalent) any time in year 2000, you would have losses continuously until sometime in 2007. if you did NOT sell all your holdings in 2007, the next time you would break even would be early 2013, and only because of costly intervention by that Federal Reserve Bank (costly for all bank depositors and everyone not in the top 1%).

    The real question is, when should you sell (when is the next crash), when should you buy in again, and if you stay put, how many years will it take after the upcoming crash before you would break even again?

    Just because there exists some good points in time to put a big sum of money into the market does not mean that NOW is a good time to *place* (especially) or *have* a big sum of money in the market.

    Sheeple seem to have difficulty understanding the difference between the concepts "there exists an X" and "for all X", as known from mathematical logic. They mentally take the former as evidence of the latter, and nothing could be further from the truth.

    Here is the relevant SP500 plot:

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