Thread: The Stock Market
02-06-2018, 05:51 PM
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#211
- Ikeman83
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- Ikeman83
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Just checking, but has SillieBazillie made a thread about the DJI opening at 24,085 and closing at 24912.77 today?
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02-06-2018, 05:52 PM
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#212
- LukeLissen
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- LukeLissen
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This volatility is unusually abnormal.
Russians did this.
Russians did this.
02-06-2018, 06:00 PM
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#213
- Austanian
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- Austanian
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Originally Posted By Audioslave⏩
There is nothing else the general investing population can do...I've been pounding my fist against the "get your index fund and let it do its thing" investing strategy for awhile now. Buffett was right about index funds outperforming actively managed funds - sure. But now everyone has started tossing their money into these vehicles. More and more money is pouring into ETFs and it's becoming insane. More and more ETFs getting created and more assets being dumped into them. Even some of the actively managed funds are nothing more than index fund closet investors. Problem is, this is starting to create an inflated value of the public equities market. It's essentially its own bubble that is inflating the overall market. However, because these funds are diversified the overall "crash" won't be as severe as we usually see. Nevertheless, it's going to create a certain level of problems with newcomers looking at a passive investing strategy.
There are still great opportunities in the stock market - both on the long and short sides. This type of "bubble" has created anomalies that investors can capitalize on if they are looking hard and doing enough substantial research.
There are still great opportunities in the stock market - both on the long and short sides. This type of "bubble" has created anomalies that investors can capitalize on if they are looking hard and doing enough substantial research.
If a Finance Professional can just barely beat the index (Before adding the fees) what chance does an uneducated investor have of doing it? VEGAS ODDS BABY
Retirement Pensions are a thing of the past. That money is getting put into the market. This is why I do think the historic P/E average is no longer the real average, but I also don't think 26 is sustainable.
Those "Great Opportunities" are a pipe dream. The market prices every expected future occurrence. You only "win" when the market is wrong. Sure I might be able to pull open a company's financials and do an analysis and intelligently value a stock and do better. However, it is not easy. If it was actively managed funds would do a lot better... They don't. So you are telling me that a non-fiance professional is going to be able to drastically outperform the market when the professionals cant? No you are out of your fuking mind.
02-06-2018, 06:07 PM
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#214
02-06-2018, 06:11 PM
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#215
- SillieBazzillie
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- SillieBazzillie
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Originally Posted By Ikeman83⏩
Dead cats bounce bro. Then they stay down.Just checking, but has SillieBazillie made a thread about the DJI opening at 24,085 and closing at 24912.77 today?
Early AM workout crew.
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02-06-2018, 06:17 PM
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#216
- Audioslave
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Originally Posted By Austanian⏩
I think you're missing my point. What I am saying is that index funds are beating fund managers because of the constant flow of assets into ETFs and index funds. What this has created is nothing more than a momentum driven market. So yeah, index funds are going to beat active management so long as people keep pouring assets into this unique bubble that they've created. But what happens when this no longer happens? What happens when the momentum slows and the market starts falling? That's when thehedgefunds will start to outperform the S&P.There is nothing else the general investing population can do...
If a Finance Professional can just barely beat the index (Before adding the fees) what chance does an uneducated investor have of doing it? VEGAS ODDS BABY
Retirement Pensions are a thing of the past. That money is getting put into the market. This is why I do think the historic P/E average is no longer the real average, but I also don't think 26 is sustainable.
Those "Great Opportunities" are a pipe dream. The market prices every expected future occurrence. You only "win" when the market is wrong. Sure I might be able to pull open a company's financials and do an analysis and intelligently value a stock and do better. However, it is not easy. If it was actively managed funds would do a lot better... They don't. So you are telling me that a non-fiance professional is going to be able to drastically outperform the market when the professionals cant? No you are out of your fuking mind.
If a Finance Professional can just barely beat the index (Before adding the fees) what chance does an uneducated investor have of doing it? VEGAS ODDS BABY
Retirement Pensions are a thing of the past. That money is getting put into the market. This is why I do think the historic P/E average is no longer the real average, but I also don't think 26 is sustainable.
Those "Great Opportunities" are a pipe dream. The market prices every expected future occurrence. You only "win" when the market is wrong. Sure I might be able to pull open a company's financials and do an analysis and intelligently value a stock and do better. However, it is not easy. If it was actively managed funds would do a lot better... They don't. So you are telling me that a non-fiance professional is going to be able to drastically outperform the market when the professionals cant? No you are out of your fuking mind.
And of course there are still opportunities out there. Keep in mind, actively managed funds deal with large sums of assets, which limits many of them to mid and large cap stocks. Look at some of the banks in the small/micro cap space - there is plenty of value there, but funds can't open positions because of the liquidity risk. The market is not completely efficient and some parts are more inefficient then others.
YOU ARE NOT A SLAVE
02-06-2018, 06:17 PM
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#217
02-06-2018, 06:23 PM
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#218
- SillieBazzillie
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- SillieBazzillie
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Originally Posted By Ikeman83⏩
Just so I'm clear, you don't think the market will ever trend down under Trump?LOL


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02-06-2018, 06:26 PM
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#219
- |ceman
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- |ceman
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Originally Posted By SillieBazzillie⏩
DOW 40,000+ crew checking in.Just so I'm clear, you don't think the market will ever trend down under Trump?

It's hard to win an argument with a smart person. It's damn near impossible to win an argument with a stupid person. - Bill Murray
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02-06-2018, 06:27 PM
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#220
- gachase21
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Meh - the “Great opportunity” is investing in private business.
Always has been always will be.
And hands on operations at that, not silent.
Low debt, generate revenue- and as much as you can with a good margin.
Brb stock value is net book value/ # of shares
Revenue generating income.
When you have low debt and high revenue you are gold.
And if you are buying sites instead of capital leases you are also in a de facto private reit.
I’ll taken my business management operation knowledge over the bean counter musical chair fund managers speculating guesswork any day.
Playin the open market with discretionary money(entertainment money only) is indeed fun though.
Gaining as much knowledge about the open market does have its value.
Always has been always will be.
And hands on operations at that, not silent.
Low debt, generate revenue- and as much as you can with a good margin.
Brb stock value is net book value/ # of shares
Revenue generating income.
When you have low debt and high revenue you are gold.
And if you are buying sites instead of capital leases you are also in a de facto private reit.
I’ll taken my business management operation knowledge over the bean counter musical chair fund managers speculating guesswork any day.
Playin the open market with discretionary money(entertainment money only) is indeed fun though.
Gaining as much knowledge about the open market does have its value.
02-06-2018, 06:28 PM
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#221
- |ceman
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- |ceman
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Originally Posted By Ikeman83⏩
looking at the 3 month chart I sure hope that's not a head and shoulders I see.LOL


It's hard to win an argument with a smart person. It's damn near impossible to win an argument with a stupid person. - Bill Murray
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02-06-2018, 06:30 PM
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#222
- gachase21
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Originally Posted By SillieBazzillie⏩
You do know that line could go up continually a while and it be inflation related.Just so I'm clear, you don't think the market will ever trend down under Trump?
The actually agi value can be less while the index is at a higher number.
Doesn’t mean it’s really up.
The inverse is true as well.
02-06-2018, 06:30 PM
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#223
- SillieBazzillie
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- SillieBazzillie
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Originally Posted By |ceman⏩
Unpossible, the market must increase 25% each year for the next 7 or it will all have been some grand liberal conspiracy.looking at the 3 month chart I sure hope that's not a head and shoulders I see.
Early AM workout crew.
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02-06-2018, 06:32 PM
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#224
- SillieBazzillie
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- SillieBazzillie
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Originally Posted By gachase21⏩
So the market really doesn't "have" to go down. Good to know.You do know that line could go up continually a while and it be inflation related.
The actually agi value can be less while the index is at a higher number.
Doesn’t mean it’s really up.
The inverse is true as well.
The actually agi value can be less while the index is at a higher number.
Doesn’t mean it’s really up.
The inverse is true as well.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
02-06-2018, 06:35 PM
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#225
- gachase21
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Originally Posted By SillieBazzillie⏩
Correct and yes I’ll admit that it could create falsified political hype.So the market really doesn't "have" to go down. Good to know.
It can also be completely seperate as well.
Markets are weird brah
Our hope is just always find a ways to beat Inflation with our retirement investment, even if just a little, hopefullly more.
Of course just because the market is not great doesn’t mean the economy isnt always great.
Some brahs like me might be ballin while it doesn’t reflect for chit in the Dow. Or vice versa.
02-06-2018, 06:36 PM
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#226
- Audioslave
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Originally Posted By gachase21⏩
But that style of investing isn't going to work for all of someone's assets because of the liquidity issue. I'm a private equity investor too, but I wouldn't allocate all of my assets to that investment style.Meh - the “Great opportunity” is investing in private business.
Always has been always will be.
And hands on operations at that, not silent.
Low debt, generate revenue- and as much as you can with a good margin.
Brb stock value is net book value/ # of shares
Revenue generating income.
When you have low debt and high revenue you are gold.
And if you are buying sites instead of capital leases you are also in a de facto private reit.
I’ll taken my business management operation knowledge over the bean counter musical chair fund managers speculating guesswork any day.
Playin the open market with discretionary money(entertainment money only) is indeed fun though.
Gaining as much knowledge about the open market does have its value.
Always has been always will be.
And hands on operations at that, not silent.
Low debt, generate revenue- and as much as you can with a good margin.
Brb stock value is net book value/ # of shares
Revenue generating income.
When you have low debt and high revenue you are gold.
And if you are buying sites instead of capital leases you are also in a de facto private reit.
I’ll taken my business management operation knowledge over the bean counter musical chair fund managers speculating guesswork any day.
Playin the open market with discretionary money(entertainment money only) is indeed fun though.
Gaining as much knowledge about the open market does have its value.
YOU ARE NOT A SLAVE
02-06-2018, 06:42 PM
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#227
- gachase21
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Originally Posted By Audioslave⏩
You never allocateallof your investments anywhere.But that style of investing isn't going to work for all of someone's assets because of the liquidity issue. I'm a private equity investor too, but I wouldn't allocate all of my assets to that investment style.
Diversity in types.
I’m in open market as well, and reestablish more longs this morning, itt actually

My IRA’s are index fund never touched.
Then you have Real estate, maybe 5% in precious metals, bonds, etc.
02-06-2018, 06:49 PM
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#228
- Audioslave
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Originally Posted By gachase21⏩
That's true. I believe that liquidity = lower returns, which makes it expensive, which is why I invest heavily into illiquid assets. But not everybody has that luxury.You never allocateallof your investments anywhere.
Diversity in types.
I’m in open market as well, and reestablish more longs this morning, itt actually
My IRA’s are index fund never touched.
Then you have Real estate, maybe 5% in precious metals, bonds, etc.
Diversity in types.
I’m in open market as well, and reestablish more longs this morning, itt actually

My IRA’s are index fund never touched.
Then you have Real estate, maybe 5% in precious metals, bonds, etc.
YOU ARE NOT A SLAVE
02-06-2018, 06:56 PM
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#229
- gachase21
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All this use the market to directly measure the economy is silly really.
I mean yea it means allot, amongst other things....
Want to really measure the economy?
Real life anecdotal evidence is king.
Story time
The wife is pissy and moody as fuk, and the kids are home already and hungry , and I’m off today.
Tonight Taco Bell for dinner....
Wife wants a milkshake from the local shack though, it always shuts her up.
So I’m gonna go to Walmart and pick up some pads and midol for the wife, ride by Taco Bell to get dinner, then go by the local shack to get a chocolate milkshake.
As I get ready to leave I check my account- how much discretionary money do I have? How much was my last checks?
I get in the car and head to the store. Driving out of the neighborhoods - how many houses are for sale or rent? How many are under construction? How many abandon developments that never got finished are still there? How many houses look remodeled or up kept well?
How are the streets condition and traffic count?
As I pull into Walmart how full is the parking lot compared to the typical amounts that time of day and year? How many new or decent cars are there compared to dilapidated ones?
As I walk into Walmart what is the condition of the facility? How crowded is it? How well staffed is it? How enthusiastic are the employees? How many cashier lanes are open? How well-stocked are the shelves? How are the prices compared to last time I was there?
As I pull out of Walmart on to the main corridor going to Taco Bell- how much traffic is there? How many stores look open compared to normal that time of day? How many new stores are under construction? How many old ones are closed and unoccupied? How many lots are for sale? How many open leases on the strip plaza? How busy do stores appear?
How many now hiring signs do I see?
Are all the billboards being utilized?
As I pull into to Taco Bell how is the condition of the facilities staff etc?. How much food can I get for $30 compared to last time(buying power) how big are the portions for that amount and how is the food quality compared?(Commodity pricing and food grade used).
As I go to the local shack how is it doing compared to the national competitors? Same questions as above for it?
As I drive home I look and notice what the gas prices are. I look at the street and street lights and signs for up keeping. I look for police presence.
How many UPS and FedEx drivers do I see in the neighborhoods? how many boxes do I see in front doors? Do I see any major freight delivery to houses?
Etc etc etc
Thatis a greater economic indicator compared to any quantitative or empirical data.
I mean yea it means allot, amongst other things....
Want to really measure the economy?
Real life anecdotal evidence is king.
Story time

The wife is pissy and moody as fuk, and the kids are home already and hungry , and I’m off today.
Tonight Taco Bell for dinner....
Wife wants a milkshake from the local shack though, it always shuts her up.
So I’m gonna go to Walmart and pick up some pads and midol for the wife, ride by Taco Bell to get dinner, then go by the local shack to get a chocolate milkshake.
As I get ready to leave I check my account- how much discretionary money do I have? How much was my last checks?
I get in the car and head to the store. Driving out of the neighborhoods - how many houses are for sale or rent? How many are under construction? How many abandon developments that never got finished are still there? How many houses look remodeled or up kept well?
How are the streets condition and traffic count?
As I pull into Walmart how full is the parking lot compared to the typical amounts that time of day and year? How many new or decent cars are there compared to dilapidated ones?
As I walk into Walmart what is the condition of the facility? How crowded is it? How well staffed is it? How enthusiastic are the employees? How many cashier lanes are open? How well-stocked are the shelves? How are the prices compared to last time I was there?
As I pull out of Walmart on to the main corridor going to Taco Bell- how much traffic is there? How many stores look open compared to normal that time of day? How many new stores are under construction? How many old ones are closed and unoccupied? How many lots are for sale? How many open leases on the strip plaza? How busy do stores appear?
How many now hiring signs do I see?
Are all the billboards being utilized?
As I pull into to Taco Bell how is the condition of the facilities staff etc?. How much food can I get for $30 compared to last time(buying power) how big are the portions for that amount and how is the food quality compared?(Commodity pricing and food grade used).
As I go to the local shack how is it doing compared to the national competitors? Same questions as above for it?
As I drive home I look and notice what the gas prices are. I look at the street and street lights and signs for up keeping. I look for police presence.
How many UPS and FedEx drivers do I see in the neighborhoods? how many boxes do I see in front doors? Do I see any major freight delivery to houses?
Etc etc etc
Thatis a greater economic indicator compared to any quantitative or empirical data.
02-06-2018, 07:12 PM
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#230
- Mr Beer
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- Mr Beer
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Originally Posted By gachase21⏩
Seems like a distinctively local experience though, I mean you're going to notice the effect of local oil boom kicking off or what a one-company employer closing down will do, but presumably national and international data is required to get a broader picture.Thatis a greater economic indicator compared to any quantitative or empirical data.
"A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
02-06-2018, 07:18 PM
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#231
- gachase21
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Originally Posted By Mr
MaybeSeems like a distinctively local experience though, I mean you're going to notice the effect of local oil boom kicking off or what a one-company employer closing down will do, but presumably national and international data is required to get a broader picture.
Then I’ll get home and call my brah running some
store on the west coast and ask “how are things going”
Then my cuz up north and ditto.
Way more accurate that market indicators imo.
And much of the things I noted are nationally impacted displayed at local level now as national chains have taken precedence to local, and pricing has become less regional.
Kind of a national form of globalization...
Cited quantitative empirical data is just cool pics for kids without wisdom.
02-06-2018, 07:42 PM
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#232
- JD805
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- JD805
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Originally Posted By gachase21⏩
Well you do dick ride trump pretty hard and have praised him in the past so it's easy to assume that you will find a way to make an excuse when something bad happens.Not sure how you made that assertion from my post....
I will say however the market had had built in pricing with assumptions of the tax plan for a while now, so I guess you could attribute some of that growth too Trump, not near as much as the hype.
How it stands a year and a half from now will tell.
I will say however the market had had built in pricing with assumptions of the tax plan for a while now, so I guess you could attribute some of that growth too Trump, not near as much as the hype.
How it stands a year and a half from now will tell.
Love Taylor Swift crew
02-06-2018, 07:46 PM
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#233
- gachase21
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Originally Posted By JD805⏩
Lutz at unawareWell you do dick ride trump pretty hard and have praised him in the past so it's easy to assume that you will find a way to make an excuse when something bad happens.
02-07-2018, 02:53 AM
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#234
02-07-2018, 03:33 AM
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#235
- gachase21
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Originally Posted By Audioslave⏩
I’d say private business investment is more liquid -ifyou aren’t slient, but an active part of running the business.That's true. I believe that liquidity = lower returns, which makes it expensive, which is why I invest heavily into illiquid assets. But not everybody has that luxury.
Nothing is more liquid than a solid a$& revenue stream.
Brb agreed upon dividends, brb income, etc.
And the “great opportunity” as phrased earlier is building the business and reinvesting for growth.
02-07-2018, 04:41 AM
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#236
- z4v4
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Originally Posted By kusok⏩
Heh, we'll see you in here the next time Trump takes responsibility for the market.Market goes up = Obama's policies
Market goes down = Trump's policieis
Market goes back up = volatility is bad! Trumps' fault.
Strong everything.
Market goes down = Trump's policieis
Market goes back up = volatility is bad! Trumps' fault.
Strong everything.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."
z4: "So when are you available in September to play?"
Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."
z4: "MMA match works, too. So when are you available this month?
Deep: "I won't subject myself to being in the presence of a scumbag."
02-07-2018, 04:43 AM
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#237
- Ikeman83
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- Ikeman83
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Originally Posted By kusok⏩
Lefties done goofed. Blaming the market correction on Trump means that the market going back up is on Trump as well. They just made it Trump's economy, and it's boomin'.Market goes up = Obama's policies
Market goes down = Trump's policieis
Market goes back up = volatility is bad! Trumps' fault.
Strong everything.
Market goes down = Trump's policieis
Market goes back up = volatility is bad! Trumps' fault.
Strong everything.
Florida Crew as of 3/21
What part of "Shall Not Be Infringed" are you having trouble with?
Misc Firearms Crew
02-07-2018, 04:45 AM
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#238
- gachase21
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Originally Posted By Austanian⏩
I was thinking about this post a bit last night.There is nothing else the general investing population can do...
If a Finance Professional can just barely beat the index (Before adding the fees) what chance does an uneducated investor have of doing it? VEGAS ODDS BABY
Retirement Pensions are a thing of the past. That money is getting put into the market. This is why I do think the historic P/E average is no longer the real average, but I also don't think 26 is sustainable.
Those "Great Opportunities" are a pipe dream. The market prices every expected future occurrence. You only "win" when the market is wrong. Sure I might be able to pull open a company's financials and do an analysis and intelligently value a stock and do better. However, it is not easy. If it was actively managed funds would do a lot better... They don't. So you are telling me that a non-fiance professional is going to be able to drastically outperform the market when the professionals cant? No you are out of your fuking mind.
If a Finance Professional can just barely beat the index (Before adding the fees) what chance does an uneducated investor have of doing it? VEGAS ODDS BABY
Retirement Pensions are a thing of the past. That money is getting put into the market. This is why I do think the historic P/E average is no longer the real average, but I also don't think 26 is sustainable.
Those "Great Opportunities" are a pipe dream. The market prices every expected future occurrence. You only "win" when the market is wrong. Sure I might be able to pull open a company's financials and do an analysis and intelligently value a stock and do better. However, it is not easy. If it was actively managed funds would do a lot better... They don't. So you are telling me that a non-fiance professional is going to be able to drastically outperform the market when the professionals cant? No you are out of your fuking mind.
I 99.9% fully agree, and almost always this is the same advice I preach, akin to my post #30 here.
I’m also the biggest hypocrite in doing so.
Time and time again I personally don’t follow that and have done quite well honestly.
I’ve stumbled a few times, especially in 2000-2001, and learned, then got back up and kept driving ahead.
I think for a large chunk of any open market stock portfolio it is absolutely correct, however there is always room for movement.
Now don’t get me wrong, running businesses is my forte, investing is just something else I do on the side as part of many other things. I wouldn’t call myself an active trader really.
I think of one of my core principles I live by
Now you don’t want to create easy avenues for failure either.
But in placing too many failsafes you end up in a giant quest for mediocrity.
Some people are fine with that, and that’s cool. I don’t blame them.
I want greatness.
I overcome failures on the way there and I’m not scared of them.(within reason)
It hurts to fall but you get back up.
All that being said, yes you are still on point.
02-07-2018, 04:55 AM
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#239
- z4v4
- SillieBazzillie Alt #z4
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- z4v4
- SillieBazzillie Alt #z4
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Originally Posted By seven11⏩
If you're in your 20's and pretty aimless about saving, investing, budgeting/spending and borrowing, like most at that age, then I Will Teach You To Be Rich is also a good book to check out.Nice list of books man. I have adudible credits and will get some of those
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."
z4: "So when are you available in September to play?"
Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."
z4: "MMA match works, too. So when are you available this month?
Deep: "I won't subject myself to being in the presence of a scumbag."
02-07-2018, 04:59 AM
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#240
- gachase21
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Originally Posted By z4v4⏩
good one indeed sirIf you're in your 20's and pretty aimless about saving, investing, budgeting/spending and borrowing, like most at that age, then I Will Teach You To Be Rich is also a good book to check out.
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