It's nothing more than a way for the bankers and traders to collect the extra money that got thrown into the market.
I have never put a dime in the stock market and never will, I like to have control of my hard earned cash, all it takes is another virus , war, or a million other reasons it will crash again and again !!
Different things work better for different people. If I got back all the money I have lost and gained in my 401k through the years, I definitely would be better off to have invested it in durable goods like @cass92lx50 listed. However, the durable goods take transactions and effort to grow, whereas the investment accounts require no effort. If you have a good source of income, and can simply set money aside and watch it come and go, it generally does grow in the long run. But if you have the ability and motivation to play in the durable goods realm, you will always outpace it. That's why people who are building wealth buy businesses.Yeah, but what else do you have that will exceed, or even keep up, with the rate of inflation? Much less show a profit over time, above inflation.
The stock market does go down occasionally...but over all it goes up, up, up.
My buddy thought he would be smart and invest in this new sensation ‘marijuana stocks‘ he’s got 15k left of 50k he put in a year ago!!
No way. The girl is an easy vet - if shes chosen me, and is hot, she is definitely crazy.I feel like predicting the stock market is worse than predicting the crazy level of the girl you just started dating that’s clearly out of your league
Yeah, but what else do you have that will exceed, or even keep up, with the rate of inflation? Much less show a profit over time, above inflation.
The stock market does go down occasionally...but over all it goes up, up, up.
That's not investing, that's chasing a fad that will eventually equalize to true value.
Lots up down, and up, and people talking about how crazy it is, and when will the bottom be.What do you all think this week will hold for stocks?
Lots up down, and up, and people talking about how crazy it is, and when will the bottom be.
My prediction.. Tomorrow will be a new low for the year. Stimulus doesn't count for shit, especially since someone of importance said likely 150k Americans dead before this is over.What do you all think this week will hold for stocks?
My prediction.. Tomorrow will be a new low for the year. Stimulus doesn't count for shit, especially since someone of importance said likely 150k Americans dead before this is over.
I posted without looking to see where last week's gains ended. Imho, it will be about as low as it's allowed to go, regardless of where it starts.I agree tomorrow will be bad, but I dont think the required 20% drop to halt trading would actually be a low for this year?
My numbers may be off though
I posted without looking to see where last week's gains ended. Imho, it will be about as low as it's allowed to go, regardless of where it starts.
Different things work better for different people. If I got back all the money I have lost and gained in my 401k through the years, I definitely would be better off to have invested it in durable goods like @cass92lx50 listed. However, the durable goods take transactions and effort to grow, whereas the investment accounts require no effort. If you have a good source of income, and can simply set money aside and watch it come and go, it generally does grow in the long run. But if you have the ability and motivation to play in the durable goods realm, you will always outpace it. That's why people who are building wealth buy businesses.