Political Forums  

Go Back   Political Forums > Economy

We appreciate your help

in keeping this site going.
Reply
 
Thread Tools Display Modes
  #51  
Old 01-13-2018, 02:51 PM
ZeroJunk ZeroJunk is offline
Banned
 
Join Date: Dec 2011
Posts: 1,760
Quote:
Originally Posted by nailer View Post
Markets' are merely awaiting another trigger to deflate their bubbles.
Forever. But, when I started investing in stocks the DOW was under 2000 .

I have been through three crashes. Didn't do anything but ride it out.

Absolutely no doubt that it will crash again. And, I will ride it out again.

And, all the morons will be saying it's not coming back this time. Just like they always do.
Reply With Quote
  #52  
Old 01-13-2018, 03:02 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 1,781
Quote:
Originally Posted by ZeroJunk View Post
Forever. But, when I started investing in stocks the DOW was under 2000 .

I have been through three crashes. Didn't do anything but ride it out.

Absolutely no doubt that it will crash again. And, I will ride it out again.

And, all the morons will be saying it's not coming back this time. Just like they always do.
Then, like me, youíve done very well, especially through the Obama years. Index funds. Retirement coming soon, will have way more income than I spend now. Lots more travel to Europe and South America ahead, while Iím still able. Itís a big world, plenty more cultures to experience, enjoy and learn from, for those capable of learning.
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #53  
Old 01-13-2018, 07:59 PM
nailer's Avatar
nailer nailer is offline
Rational Anarchist
 
Join Date: Jul 2014
Location: DFW
Posts: 5,404
You two need to get and room and hope the next real crash doesn't take as long to recover from as the great one.
__________________
"We have met the enemy and he is us."

Last edited by nailer; 01-13-2018 at 08:03 PM.
Reply With Quote
  #54  
Old 01-13-2018, 08:42 PM
BlueStreak's Avatar
BlueStreak BlueStreak is offline
Area Man
 
Join Date: Oct 2009
Location: The Swamp
Posts: 26,837
Quote:
Originally Posted by ZeroJunk View Post
Forever. But, when I started investing in stocks the DOW was under 2000 .

I have been through three crashes. Didn't do anything but ride it out.

Absolutely no doubt that it will crash again. And, I will ride it out again.

And, all the morons will be saying it's not coming back this time. Just like they always do.
Like I did in 2009 when nearly every dumbass Republican in my life was jerking their money out because the "Kenyan Soshialist" was going to "utterly destroy America". As usual, they were panicked, irrational and wrong.
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa

Last edited by BlueStreak; 01-13-2018 at 08:44 PM.
Reply With Quote
  #55  
Old 01-14-2018, 12:57 PM
ZeroJunk ZeroJunk is offline
Banned
 
Join Date: Dec 2011
Posts: 1,760
Quote:
Originally Posted by BlueStreak View Post
Like I did in 2009 when nearly every dumbass Republican in my life was jerking their money out because the "Kenyan Soshialist" was going to "utterly destroy America". As usual, they were panicked, irrational and wrong.
I actually bought $30,000 more stock in 2009.

Should have kept it. But, that was when I decided I was going to be a trader. So, when I made 5% I would take it.

If I had just bought most anything and sat on it I would have been better off.
Reply With Quote
  #56  
Old 01-14-2018, 01:15 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 1,781
Quote:
Originally Posted by ZeroJunk View Post
I actually bought $30,000 more stock in 2009.

Should have kept it. But, that was when I decided I was going to be a trader. So, when I made 5% I would take it.

If I had just bought most anything and sat on it I would have been better off.
So you’re not really an investor at all, you’re a speculator. Sigh. Speculators rarely win, it’s basically betting, not investing. Unless, of course, they have insider help.
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #57  
Old 01-14-2018, 04:38 PM
ZeroJunk ZeroJunk is offline
Banned
 
Join Date: Dec 2011
Posts: 1,760
Quote:
Originally Posted by Chicks View Post
So youíre not really an investor at all, youíre a speculator. Sigh. Speculators rarely win, itís basically betting, not investing. Unless, of course, they have insider help.
That's bullshit. There are traders that make good money at it and all they rely on are the charts, candlestick patterns, or whatever works for them.

And, shorting is a necessary aspect of the market. Otherwise how would you ever establish the value of a stock if somebody didn't say no, I think it is overvalued.

Subscribing to a real time charting service is expensive and what is really somewhat entertaining in the beginning becomes a job very quickly.

From your post in your case it would be betting and no doubt something you should avoid.
Reply With Quote
  #58  
Old 01-15-2018, 09:22 AM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 20,509
Quote:
Originally Posted by whell View Post
No, that's not what I'm saying. Of course you would know that if you looked at what I linked to. One does not have to mess with entitlements to reduce federal spending. Addressing the growth of entitlement spending should be looked at as well.
Ryan has long wanted to enact reforms to entitlement programs ó which usually takes the form of cuts to Medicaid, Medicare, and Social Security. But at an event in Wisconsin on Friday, he said entitlements wouldn't be addressed by Congress this year.

"I donít see us tackling it this year," Ryan said.


https://www.aol.com/article/news/201...2018/23332196/
__________________
As long as the roots are not severed, all will be well in the garden.
Reply With Quote
  #59  
Old 01-15-2018, 09:48 AM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 1,781
Quote:
Originally Posted by ZeroJunk View Post
That's bullshit. There are traders that make good money at it and all they rely on are the charts, candlestick patterns, or whatever works for them.
And over time, they will all lose compared to simple index funds. Warren Buffett just won a $1M bet against a pricey hedge fund over this very issue. But, guys who vote for con artists like Trump clearly arenít very bright.
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #60  
Old 01-15-2018, 12:18 PM
nailer's Avatar
nailer nailer is offline
Rational Anarchist
 
Join Date: Jul 2014
Location: DFW
Posts: 5,404
Quote:
Originally Posted by Chicks View Post
So youíre not really an investor at all, youíre a speculator. Sigh. Speculators rarely win, itís basically betting, not investing. Unless, of course, they have insider help.
Even with an indexed S&P 500 fund you're speculating too.
__________________
"We have met the enemy and he is us."
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:55 PM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.