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Stocks are a JOKE at this point (SRS).
11-24-2020, 12:52 PM
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#121
11-24-2020, 12:54 PM
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#122
- HMFIC_BROWSIN
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- HMFIC_BROWSIN
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Originally Posted By 5x10⏩
This. Crypto gonna save us all from being venezuela.Cash is getting crushed
Get your money in an asset (stock/crypto/ real estate)
Get your money in an asset (stock/crypto/ real estate)
11-24-2020, 12:57 PM
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#123
- JeepBruh
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Originally Posted By elterrible987⏩
This drives me nuts too. I learned years ago that these new articles are largely written by fresh out of college employees. Lots of articles even use bots to generate a good portion of the content.Also lol at financial news hedlines, they are so cringe, the market sways one way or another and the headline just matches up to whatever - "markets up on xyz" when nothing really happened. I mean what even happened in the last day? they already announced the vacine news last week.
Combined with bias in the media you can almost never gauge what it really going on unless you are extremely familiar with the sector and company.
11-24-2020, 01:00 PM
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#124
Originally Posted By JeepBruh⏩
Almost all the daily financial summary articles you read on Yahoo, Seeking Alpha, Motley Fool are bot generated.This drives me nuts too. I learned years ago that these new articles are largely written by fresh out of college employees. Lots of articles even use bots to generate a good portion of the content.
Combined with bias in the media you can almost never gauge what it really going on unless you are extremely familiar with the sector and company.
Combined with bias in the media you can almost never gauge what it really going on unless you are extremely familiar with the sector and company.
11-24-2020, 01:11 PM
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#125
11-24-2020, 01:25 PM
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#126
- turdburglar9021
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I'll be surprised if the S&P 500 doesn't hit 6,000-10,000 before 2030.
Interest rates over the last 10 years have been the lowest ever in American history, not to mention the massive QE between 2008 and 2020 pandemic. Couple that with a growing awareness of personal finance and investing, the 20's has potential for some of the most aggressive growth ever seen.
Interest rates over the last 10 years have been the lowest ever in American history, not to mention the massive QE between 2008 and 2020 pandemic. Couple that with a growing awareness of personal finance and investing, the 20's has potential for some of the most aggressive growth ever seen.
11-24-2020, 01:32 PM
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#127
- quadfecta
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Money printing is just another safety net for the rich
It’s pretty obvious it devalues the dollar in the process, but who cares if Joe billionaire can buy back a blue chip stock and 3-5x his money.
Yachts and 100k per bottle champagne don’t care about your 401k
It’s pretty obvious it devalues the dollar in the process, but who cares if Joe billionaire can buy back a blue chip stock and 3-5x his money.
Yachts and 100k per bottle champagne don’t care about your 401k
11-24-2020, 01:38 PM
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#128
Originally Posted By quadfecta⏩
Literal money printing destroys everybody, including rich people. It can affect them worse because they're usually leveraged to the hilt as well.Money printing is just another safety net for the rich
It’s pretty obvious it devalues the dollar in the process, but who cares if Joe billionaire can buy back a blue chip stock and 3-5x his money.
Yachts and 100k per bottle champagne don’t care about your 401k
It’s pretty obvious it devalues the dollar in the process, but who cares if Joe billionaire can buy back a blue chip stock and 3-5x his money.
Yachts and 100k per bottle champagne don’t care about your 401k
11-24-2020, 01:38 PM
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#129
11-24-2020, 01:48 PM
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#130
- jackamo2887
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27k a day crew ayyyy
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
11-24-2020, 01:50 PM
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#131
- suave2000
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It's all made up anyways so wheres the surprise on the complete lack of logic or sense? Money is not real, stocks are not real and so on it's all just data flowing and being processed. It's not a joke it's just a collective fantasy that we all choose to accept and follow. Of course oligarchs and the powerful have a better hand at the game but in the end the "global economy" is a mythical entity at this point that exists in its own metaphysical plane.
Don't try to understand it just get a lambo bro
Don't try to understand it just get a lambo bro
11-24-2020, 01:54 PM
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#132
- EmmaW4tson
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Originally Posted By saltypits⏩
lol wot.Literal money printing destroys everybody, including rich people. It can affect them worse because they're usually leveraged to the hilt as well.
You're probably talking about the low lying billionaires and millionaires. Whats happening is massive concolidation where the Bigs get bigger and the small and medium guys get destroyed.
Vast amounts of wealth transfer has occurred and continues to happen.
You think the owners of Walmart, target, Amazon and other big monopoly-tier companies are losing out or going to lose out if a stock market crash happens? Um...no. Corporate debt will continue onwards, even in a crisis.
11-24-2020, 01:55 PM
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#133
- jackamo2887
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Originally Posted By suave2000⏩
You, yourself, this whole big drama, it was never more than a jerry rig of presumption and dumb will, and you could just let go. To finally know that you didn't have to hold on so tight. To realize that all your life, all your love, all your hate, all your memories, all your pain, it was all the same thing. It was all the same dream, a dream that you had inside a locked room, a dream about being a person.It's all made up anyways so wheres the surprise on the complete lack of logic or sense? Money is not real, stocks are not real and so on it's all just data flowing and being processed. It's not a joke it's just a collective fantasy that we all choose to accept and follow. Of course oligarchs and the powerful have a better hand at the game but in the end the "global economy" is a mythical entity at this point that exists in its own metaphysical plane.
Don't try to understand it just get a lambo bro
Don't try to understand it just get a lambo bro
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
11-24-2020, 01:58 PM
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#134
- suave2000
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Originally Posted By poundXpound⏩
Can you paypal me 1K ? srs plsStocks are not a joke if you take advantage of dollar cost averaging. By investing the same amount monthly into the same stock funds, you buy more shares when the price goes down and fewer when the price goes up. I did it from 1993-2017 and built a 7-figure portfolio from 0. That 7-fig portfolio doubled from 2015-2020 with new dollars invested only through Nov. 2017.
Harder to do, but even more efficient is to buy the same number of shares on a consistent basis (weekly/monthly/quarterly) regardless of price.
Harder to do, but even more efficient is to buy the same number of shares on a consistent basis (weekly/monthly/quarterly) regardless of price.
my goat is depressed and I want to buy him a friend but goats are expensive
11-24-2020, 01:59 PM
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#135
- suave2000
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Originally Posted By jackamo2887⏩
mirin your verse brah, srs. Did you write it? or is it from somwhere else?You, yourself, this whole big drama, it was never more than a jerry rig of presumption and dumb will, and you could just let go. To finally know that you didn't have to hold on so tight. To realize that all your life, all your love, all your hate, all your memories, all your pain, it was all the same thing. It was all the same dream, a dream that you had inside a locked room, a dream about being a person.
11-24-2020, 02:01 PM
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#136
Originally Posted By EmmaW4tson⏩
Monetary inflation (i.e. printing money - NOT QE) eventually leads to a higher prime rate (unless the gov't wants bread to be $1000/loaf), which means debt costs are higher, combine that with currency devaluation and that's the inflation that most people are familiar with.lol wot.
You're probably talking about the low lying billionaires and millionaires. Whats happening is massive concolidation where the Bigs get bigger and the small and medium guys get destroyed.
Vast amounts of wealth transfer has occurred and continues to happen.
You think the owners of Walmart, target, Amazon and other big monopoly-tier companies are losing out or going to lose out if a stock market crash happens? Um...no. Corporate debt will continue onwards, even in a crisis.
You're probably talking about the low lying billionaires and millionaires. Whats happening is massive concolidation where the Bigs get bigger and the small and medium guys get destroyed.
Vast amounts of wealth transfer has occurred and continues to happen.
You think the owners of Walmart, target, Amazon and other big monopoly-tier companies are losing out or going to lose out if a stock market crash happens? Um...no. Corporate debt will continue onwards, even in a crisis.
11-24-2020, 02:04 PM
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#137
- quadfecta
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- quadfecta
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Originally Posted By saltypits⏩
Real estate, land, company investments that pay dividendsLiteral money printing destroys everybody, including rich people. It can affect them worse because they're usually leveraged to the hilt as well.
They’re not heavily leveraged in stocks like the average pleb who pays half his paycheck into an IRA
When I say safety net I mean there’s a vested interest in making sure the markets are strong to attract global investors into certain sectors. When stocks are good, the rich get richer because investor confidence is high
It’s more about making sure the rich get richer. Excuse the anti capitalist sentiment
11-24-2020, 02:05 PM
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#138
- Frank Drebin
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- Frank Drebin
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Ah, to be a salty bear sitting on the sidelines.
11-24-2020, 02:08 PM
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#139
Originally Posted By quadfecta⏩
There is a very strong disincentive for businesses to own unmortgaged real estate. Not sure what a "company investments that pay dividends" are, unless you're referring to, um, stocks.Real estate, land, company investments that pay dividends
They’re not heavily leveraged in stocks like the average pleb who pays half his paycheck into an IRA
When I say safety net I mean there’s a vested interest in making sure the markets are strong to attract global investors into certain sectors. When stocks are good, the rich get richer because investor confidence is high
It’s more about making sure the rich get richer. Excuse the anti capitalist sentiment
They’re not heavily leveraged in stocks like the average pleb who pays half his paycheck into an IRA
When I say safety net I mean there’s a vested interest in making sure the markets are strong to attract global investors into certain sectors. When stocks are good, the rich get richer because investor confidence is high
It’s more about making sure the rich get richer. Excuse the anti capitalist sentiment
I think this is totally out of your realm.
11-24-2020, 02:08 PM
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#140
11-24-2020, 02:09 PM
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#141
- SoutheastBeast1
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You do know most stocks are still way down compared to where they fell off a cliff back in March.
There was a severe overreaction to covid and a correction was inevitable.
There was a severe overreaction to covid and a correction was inevitable.
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
11-24-2020, 02:13 PM
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#142
- Destor
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Originally Posted By SoutheastBeast1⏩
Many definitely are, but FAANG has rallied hard af along with EV and renewablesYou do know most stocks are still way down compared to where they fell off a cliff back in March.
11-24-2020, 02:14 PM
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#143
- quadfecta
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- quadfecta
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Originally Posted By saltypits⏩
You’re talking about individual billionaires as if they are corporate entitiesThere is a very strong disincentive for businesses to own unmortgaged real estate. Not sure what a "company investments that pay dividends" are, unless you're referring to, um, stocks.
I think this is totally out of your realm.
I think this is totally out of your realm.
I’m talking about what the rich are investing in personally. Stock options are just a small piece of the pie. I mean they’re diversified into multiple business investments that give them a regular return. I.e. they aren’t as leveraged into stocks as you think, because they don’t need to be when they’re worth billions. Hence “money printing” and “safety net” in my original post
Owning profitable areas of the supply chain or manufacturing in growing sectors for example =\= stocks
11-24-2020, 02:18 PM
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#144
- Harry362
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Tesla isn’t even a real company. They are kind of like Herbalife and bitcoin combined with ****ty electric cars as their “products”.
Anyone who has driven a Tesla knows how ****ty they are. Jelly of bros got got in the money laundering scheme and got rich but I’ve always been to scared bc of how shady they are. Did real well with Pltr and some other stuff though so whatever
Anyone who has driven a Tesla knows how ****ty they are. Jelly of bros got got in the money laundering scheme and got rich but I’ve always been to scared bc of how shady they are. Did real well with Pltr and some other stuff though so whatever
11-24-2020, 02:27 PM
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#145
11-24-2020, 02:27 PM
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#146
Originally Posted By quadfecta⏩
I'm really not sure how "land" is an investment, it sits there generated income unless you put something on it, and you're taxed on it no matter what.You’re talking about individual billionaires as if they are corporate entities
I’m talking about what the rich are investing in personally. Stock options are just a small piece of the pie. I mean they’re diversified into multiple business investments that give them a regular return. I.e. they aren’t as leveraged into stocks as you think, because they don’t need to be when they’re worth billions. Hence “money printing” and “safety net” in my original post
Owning profitable areas of the supply chain or manufacturing in growing sectors for example =\= stocks
I’m talking about what the rich are investing in personally. Stock options are just a small piece of the pie. I mean they’re diversified into multiple business investments that give them a regular return. I.e. they aren’t as leveraged into stocks as you think, because they don’t need to be when they’re worth billions. Hence “money printing” and “safety net” in my original post
Owning profitable areas of the supply chain or manufacturing in growing sectors for example =\= stocks
In the USA, once you run of out personal tax reduction/deferral options, it is best to place the rest into a corporation.
I don't think you know what the word "leveraged" means, it means that money was borrowed to purchase the item, not the percentage of their asset mix, which is what you seem to think it means.
You also don't understand what "money printing" means, best you stay out of south america.
11-24-2020, 02:31 PM
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#147
- suave2000
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Originally Posted By saltypits⏩
WHAT THE PHUCK DID YOU JUST SAY ABOUT SOUTH AMERICA BRO?I'm really not sure how "land" is an investment, it sits there generated income unless you put something on it, and you're taxed on it no matter what.
In the USA, once you run of out personal tax reduction/deferral options, it is best to place the rest into a corporation.
I don't think you know what the word "leveraged" means, it means that money was borrowed to purchase the item, not the percentage of their asset mix, which is what you seem to think it means.
You also don't understand what "money printing" means, best you stay out of south america.
In the USA, once you run of out personal tax reduction/deferral options, it is best to place the rest into a corporation.
I don't think you know what the word "leveraged" means, it means that money was borrowed to purchase the item, not the percentage of their asset mix, which is what you seem to think it means.
You also don't understand what "money printing" means, best you stay out of south america.
huh?
11-24-2020, 02:31 PM
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#148
- jackamo2887
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- jackamo2887
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Originally Posted By saltypits⏩
Land can be seen as an investment if it appreciates in value. And I guess also if it depreciates..it would just be a bad investment at that point, but still an investment.I'm really not sure how "land" is an investment, it sits there generated income unless you put something on it, and you're taxed on it no matter what.
In the USA, once you run of out personal tax reduction/deferral options, it is best to place the rest into a corporation.
I don't think you know what the word "leveraged" means, it means that money was borrowed to purchase the item, not the percentage of their asset mix, which is what you seem to think it means.
You also don't understand what "money printing" means, best you stay out of south america.
In the USA, once you run of out personal tax reduction/deferral options, it is best to place the rest into a corporation.
I don't think you know what the word "leveraged" means, it means that money was borrowed to purchase the item, not the percentage of their asset mix, which is what you seem to think it means.
You also don't understand what "money printing" means, best you stay out of south america.
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
11-24-2020, 02:33 PM
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#149
Just bought Wells fargo and Mastercard.
With the American economy going to turn around quick in 2021 I think this stock has been undervalued, have been keeping an eye on them for a while but finally pulled the trigger on both today. Can see Wells being up 30-40% in 12 months. With a dividend of only 1.40% a dividend increase 2021 is almost a certainty, which should result in a nice little bump.
With the American economy going to turn around quick in 2021 I think this stock has been undervalued, have been keeping an eye on them for a while but finally pulled the trigger on both today. Can see Wells being up 30-40% in 12 months. With a dividend of only 1.40% a dividend increase 2021 is almost a certainty, which should result in a nice little bump.
11-24-2020, 02:33 PM
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#150
Originally Posted By Harry362⏩
the biggest saddest COAT (coper of all time) when it comes to TSLA, fukkin lmao just LMAOTesla isn’t even a real company. They are kind of like Herbalife and bitcoin combined with ****ty electric cars as their “products”.
Anyone who has driven a Tesla knows how ****ty they are. Jelly of bros got got in the money laundering scheme and got rich but I’ve always been to scared bc of how shady they are. Did real well with Pltr and some other stuff though so whatever
Anyone who has driven a Tesla knows how ****ty they are. Jelly of bros got got in the money laundering scheme and got rich but I’ve always been to scared bc of how shady they are. Did real well with Pltr and some other stuff though so whatever
Originally Posted By saltypits⏩
You might be legit retarded.I'm really not sure how "land" is an investment,
"It won't get better, just different."
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