Eating your own cooking

[uknowwho]

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

 

[SkiUtah]

UR 2 funny.

 

[pogo]

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

I will do it if tom show me how to do it with out people getting in to my account or any other information they should not know.

 

[uknowwho]

I will do it if tom show me how to do it with out people getting in to my account or any other information they should not know.

Just blackout the sensitive info such as your SSN, Address, Acct #. You must leave your name and the statement date as proof it is yours. Thanks for your assistance.

 

[nnuut]

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

You are on this Board, now we are showing you the MONEY!

 

[uknowwho]

You are on this Board, now we are showing you the MONEY!

The professor won't accept the posted transactions on the site as proof the trades actually took place. I brought up the point that the trades are posted on the site yet he stated the timer's actual quarterly statement won't represent that which is posted on the site. I want to see for myself if what he claims is true and provide the evidence to him.

 

[budnipper1]

You are on this Board, now we are showing you the MONEY!

Yeah, RIGHT! Like somebody's gonna give a guy, who has 22 posts under his belt, with a registered profile showing zero personal info outside of his join date, the financial records of his TSP transactions. OK, I guess, but you go first, nnuut!:nuts:

 

[nnuut]

Yeah, RIGHT! Like somebody's gonna give a guy, who has 22 posts under his belt, with a registered profile showing zero personal info outside of his join date, the financial records of his TSP transactions. OK, I guess, but you go first, nnuut!:nuts:

All I have to say, for me personally is JUST TAKE MY WORD FOR IT, I am an honest man and everyone that posts on this board has no reason to fabricate their posts to make TSP Talk look good. I think that's about enough of that kind of talk BUSTER!!:nuts:

 

[Show-me]

With my return, why would I lie?

 

[uknowwho]

I see the professor was right. He said don't expect the timers to prove they eat their own cooking.

It's not very difficult to blackout the sensitive info and prove your trades are really taking place. Hell you could even cut out with scissors that info so there is NO question about a security breach. I'll see if any other MKT timer sites will show they're practicing what they preach.

 

[Bullitt]

Guy, arguing timing vs buy and hold is like arguing Democrat vs Republican. There have been libraries written on both. There never will be a consensus. Besides, if this professor is such a financial wizard, he should know that 1 quarter is nothing in the grand scheme of things. Shoot... Five years is nothing when you've got eyes on a retirement 401K. So let's say someone does your homework for you and ends up beating the 500 in 3rd quarter. You'll just say, 'oh that's only one quarter and doesn't represent a long term approach.'

Q: How did Bill Miller manage to beat the 500 for 15 years straight? Not buy and hold. I'm sure Legg Mason will send you the past 15 years of his prospectus' if you tell them it's for educational purposes.

Good luck with your thesis.

 

[SkyPilot]

I was speaking to my Finance professor today and the subject of market timing came up. He claims that most who preach this don't practice it with their actual portfolios. He said if you want proof then just ask them to post their most recent quarterly statement and you will see that the trades never took place, most are buy and hold investors. For security purposes of course you must blackout the sensitive info like your SSN, ACCT # Address, but your name and the date must be present. So I'm going to various MKT timing website and asking them to show me the money. Prove that you eat your own cooking Tom. I will show the professor the results of my study the last week of the semester.

Why would we be interested? Go fish in another pond...

Maybe ask the professor to validate his assertion with his research. Sounds like he gave you his "opinion" rather than his research. Bet he advocates "buy and hold"...

 

[uknowwho]

Guy, arguing timing vs buy and hold is like arguing Democrat vs Republican. There have been libraries written on both. There never will be a consensus. Besides, if this professor is such a financial wizard, he should know that 1 quarter is nothing in the grand scheme of things. Shoot... Five years is nothing when you've got eyes on a retirement 401K. So let's say someone does your homework for you and ends up beating the 500 in 3rd quarter. You'll just say, 'oh that's only one quarter and doesn't represent a long term approach.'

Q: How did Bill Miller manage to beat the 500 for 15 years straight? Not buy and hold. I'm sure Legg Mason will send you the past 15 years of his prospectus' if you tell them it's for educational purposes.

Good luck with your thesis.

The issue is NOT whether or not you beat the street it is whether or not the Mkt timing is actually takig place within the traders actual account. Choosing the most recent account statement is the best evidence to prove it. Sorry you missed the point.

 

[uknowwho]

Why would we be interested? Go fish in another pond...

Maybe ask the professor to validate his assertion with his research. Sounds like he gave you his "opinion" rather than his research. Bet he advocates "buy and hold"...

I'm conducting the study myself to see if he is correct. I want to see if his claim is valid and am going to the source myself.

 

[SkyPilot]

I'm conducting the study myself to see if he is correct. I want to see if his claim is valid and am going to the source myself.

Essentially then, your assertion is that those who post their moves are liars.

To determine if his claim is valid, challenge him to demonstrate what he states has a basis in fact. If he can provide evidence to support his claim, then, at that point, pursue research to validate or disprove that claim. He is your first source...

The participants on this board are not subjects for your research. And your methodology can hardly support data which could be considered a "study".

As far as "proving" anything, why do we care if you beleive it or not?

 

[Minnow]

Uknowwho...

I believe your approach is all wrong. Not sure if you are now a student and were formerly a gov. worker/military or what. But just coming on the message board and asking the creator of this site to put up or shut up is probably not the best approach to get the results you want.

Perhaps a private message to Tom letting him know who you are and giving him a little background about yourself and then requesting his assistance and positing solutions to your dilemma might be a better approach rather than incurring the ire of the entire board.

I've only tried market timing for one quarter and it did great for me so I'm sticking with it until it is no longer making me money. Before that I was buying and holding and that did fine as well. I'm about making as much money with as much risk as I personally can tolerate ... as are most of my fellow gov't workers. I can't speak for everyone here but we all value Tom, and the other main contributors to this site and would rather see a more cautious tone in the message boards.

Besides, you get more flies with honey than with vinegar.

 

[SkyPilot]

Just blackout the sensitive info such as your SSN, Address, Acct #. You must leave your name and the statement date as proof it is yours. Thanks for your assistance.

You gotta be kidding? :nuts: How presumptuous is that?

 

[camper65]

Just a thought, But.
Isn’t a “Market Timing “ or “Buy and Hold “ philosophy some what dependent on a persons economic situation and status? I have to ask myself if it would be as conducive for me to do “Market Timing” if it weren’t for the fact that my IFT are free?
As I tell my fellow workers, “You have a rare and golden opportunity that few have, FREE IFT’S”.

 

[uknowwho]

Essentially then, your assertion is that those who post their moves are liars.

To determine if his claim is valid, challenge him to demonstrate what he states has a basis in fact. If he can provide evidence to support his claim, then, at that point, pursue research to validate or disprove that claim. He is your first source...

The participants on this board are not subjects for your research. And your methodology can hardly support data which could be considered a "study".

As far as "proving" anything, why do we care if you beleive it or not?

If you are not interested in this study then step aside and let others who are assist me. I want to see for myself if his claim is true or false. I am contacting other sites as well as part of my sample. Sorry you are so offended.

 

[camper65]

Just a thought, But.
Isn’t a “Market Timing “ or “Buy and Hold “ philosophy some what dependent on a persons economic situation and status? I have to ask myself if it would be as conducive for me to do “Market Timing” if it weren’t for the fact that my IFT are free?
As I tell my fellow workers, “You have a rare and golden opportunity that few have, FREE IFT’S”.

Note; As i always keep in mind," particularly with salesman, etc"
"Hey Fella, I don't know you and you don't know me". just because we pass a few lines on the enternet doesn't mean I'd let you borrow my car!. (etc)