US Stock Market Officially Crashes

Walter

Hall of Fame Member
Jan 28, 2007
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$31,200 in lotto tickets and nothing to show for it or $31,200 in stocks that paid dividends and gained equity.

That shows that anyone can afford a portfolio.

Give up the $5 a day latte and invest $1200 a year for even more for you future.

Money to invest is easier to come by than you think.
Stop stating facts.
 

Danbones

Hall of Fame Member
Sep 23, 2015
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Or take a second job...or take out mortgages on stuff where you get paid by that to build something that will earn or SAVE money later...like a private windmill that after the first couple grand in costs are paid, just sits there spitting out nickels all day, or some intelligently managed building spaces.

One has to realize this market WILL come down at some point, the laws of fiat currency, criminal behavior, and reality can't be ignored forever. So one has to be prepared for that time.

One must decide what is real news and what is not, because money usually runs on the real stuff.
Most of those that get their news from the MSM are not doing so well over the last 15 years.

According to Dalbar's Quantitative Analysis of Investor Behavior, the average investor investing in a mixture of stocks and bonds for the last 10 years has made an annual return of 2.63%. While they are making money, they are barely keeping up with inflation and tremendously underperforming when compared to the objective performance of their investments.

(Nice illustration that won't CnP)

Howie Reith, Former financial adviser
Answered Nov 18, 2014
https://www.quora.com/What-percentage-of-people-lose-money-in-the-stock-market-and-how-do-they-do-so

Most folks don't understand the difference between numbers and values, and The MSM is NOT telling the truth about inflation, it's way higher than we have been told.
(lol, to all you fakenews types!!! )
;)
AND THEN THERE ARE TAXES!!!

The thing is to watch what those that move markets are REALLY doing, and do that too...
But, be careful, they create a lot of fake news to stay ahead of the unwashed masses and each other.

LIke the way SOROS lost a billion when TRUMP was elected instead of Hillary being selected, and hence ..well you've seen the fake nazicommieglobalist crap coming from him and his "CAMP"ers lately because of that.

Why do most people lose money in the stock market despite the proven record that stocks go up in the long run?
https://www.quora.com/Why-do-most-p...oven-record-that-stocks-go-up-in-the-long-run

U.S. Stock Market RESCUED By Plunge Protection Team! This Is PROVEN Market Manipulation!
(Obama's gig, continued for now...)

[youtube]GsBcGDySGSg[/youtube]

One has to know whats really going on...this guy gives a really good example here of what I said days ago and have been saying all along.
 
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taxslave

Hall of Fame Member
Nov 25, 2008
36,362
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Vancouver Island
Actually more good news than bad!



There's one major difference - that is money most (sensible) people can afford to risk. Comes under the "entertainment" heading! :)

So if they can afford to loose the money anyway why not put it into mutual funds where there is a guaranteed win?

Stop stating facts.

You think facts are too hard for lefty's to absorb?
 

Walter

Hall of Fame Member
Jan 28, 2007
34,888
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You think facts are too hard for lefty's to absorb?
While wearing a onesie and sipping cocoa listening to a Turdoh townhall in your parents' basement, the last thing you want to know are facts that will disturb your Utopia.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
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Vancouver Island
While wearing a onesie and sipping cocoa listening to a Turdoh townhall in your parents' basement, the last thing you want to know are facts that will disturb your Utopia.

Now I've just been triggered. I don't have any parents so no basement to enjoy life like I was really born to. Going to need a fair bit of counciling and a big fat government cheque before I am able to even apply for welfare.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
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Vernon, B.C.
So if they can afford to loose the money anyway why not put it into mutual funds where there is a guaranteed win?
"Guaranteed" may be a little strong, but definitely a very good chance. I've done quite a bit of both- gambling and investing. While investing is the most lucrative by far, it doesn't provide the thrills that occasionally happen while gambling. The process of gambling can be more enjoyable than the process of investing. Gambling is "play", investing is "work". :)
 

pgs

Hall of Fame Member
Nov 29, 2008
28,515
8,123
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B.C.
"Guaranteed" may be a little strong, but definitely a very good chance. I've done quite a bit of both- gambling and investing. While investing is the most lucrative by far, it doesn't provide the thrills that occasionally happen while gambling. The process of gambling can be more enjoyable than the process of investing. Gambling is "play", investing is "work". :)
Yes but while gambling in the stock market one can hit the odd home run .
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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36
I was stupid and bought real estate with all my money over the years.

Now all I have are massive capital gains instead of earned income for the government to take 40 % of.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,267
14,263
113
Low Earth Orbit
I loved Hurrican Hydrocarbons from back in the day..

Set up a buy position on Monday and short the stock on Thursday night.

It was likek clock work how that stock ranged up and down weekly

I cleaned up pre-bubble pop gold, silver and semi-precious metals and bought paying land that shot up 550% in 2 years.

Waaaaay better than any lotto.