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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back
- Thread starter Kepler
- Start date
Deutsche Gopher Fan
Well-known member
As the nodak boys would say, stop being hysterical. it's just 5d chess
psych
Well-known member
Not to mention Russia gets to fund its war machine for much longer.
While we simultaneously take weapons from Ukraine for our own war.
MichVandal
Well-known member
I saw that news, and thought it ends up being a clever way for the orange idiot support his commie buddy.
ticapnews
Never graduate.
You don't have to be in a market like this.
FadeToBlack&Gold
Microlot Marxist
IDK, those Baker Hughes shares I picked up cheap last year are suddenly looking like a brilliant bet.
rufus
rock and roller
A Scaramucci is 20 days, I believe.
Kepler
Si certus es dubita
Russell Jaslow
Registered User
But you know there is still no way anyone will make that investment knowing things will (not might) change on the dime with this administration.
ticapnews
Never graduate.
Kepler
Si certus es dubita
dxmnkd316
Lucia Apologist
Worth noting that this is bad bad bad bad advice to 99.99% of people.
ticapnews
Never graduate.
With few exceptions this board is populated by middle aged, college educated, white guys. The normal caveats have never applied.
unofan
Well-known member
Just because you're college educated doesn't mean you should be dealing with options, futures, etc. The vast majority will still do better in the long run by having a diversified portfolio of equities and bonds that they contribute to regularly and then just let grow passively.
ticapnews
Never graduate.
That's what the 401(k) is for.
I'm not suggesting you get a second mortgage and bet on oil futures.
Kepler
Si certus es dubita
100%. The game is rigged. Unless you can attach to an institutional investor you should never play the stock market, ever. The stock market is a bunch of insiders who are the smart money and the rest who are cannon fodder. It is three card Monty. If there is ever an opportunity they will magically materialize in front of the line and take it first. If there is ever an exposure your losses will buy them time to get out. It is a mug's game.
If you attach to a large account you get to the middle of the line, at least. The insiders are still at the front, but the individual investors are always pushed behind you so on a good day you get some crumbs, and on a bad day the individuals sop up much of the artillery fire.
Investing as a single person in the stock market is the equivalent of walking into a Mafia casino in 1965 with a large bankroll not backed by a family. You can only finish broke or buried out in the desert.
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unofan
Well-known member
I think it's more that it's a casino writ large, and the big investors can both outlast you and pay to cut in line in front of you. Yes there is absolutely some skill/knowledge/etc. involved, but the Vanguards and Chases of the world can afford swings of hundreds of millions of dollars. Most individuals will panic at the loss of $1k, and even most college educated persons will freak out at a $10k loss. And understandably so.