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If you don't have anything in the stock market, you're probably just stupid.

 
Anonymous Coward
User ID: 77475245
United States
04/24/2019 10:33 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
I invest in four categories of Mutual funds:

Growth

Growth and Income

Aggressive growth

International

25% in each
 Quoting: BRIEF


You could be generating option premium in tradeable equities that track those same indexes instead of dicking around in those slow poke funds.

Just my advice.
Lady Jane SmithModerator
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04/24/2019 10:35 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
...


Do you help people out with all that wealth you accumulated Brief, or are you one of those that think you shit aint stinky?

Look, at the end of the day none of this dont matter when we six feet under
 Quoting: Anonymous Coward 23304192


1. Yes, I do

2. The idea of wealth is to live well and pass it to your family...only a selfish man dies broke
 Quoting: BRIEF


In a few generation none of your seeds will remember any of your good deeds. Just another name on the Grave-Head-piece
 Quoting: Anonymous Coward 23304192


Is that how it works in your family?
 Quoting: BRIEF


Poor people have poor ways; hence, why they are poor, and their descendants will be poor.

Signed by someone who went from working class to lower upper class by age 27.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Anonymous Coward
User ID: 74482085
United States
04/24/2019 10:35 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Always looking for doom in the market, but there's none to be found...

[link to www.cnbc.com (secure)]
 Quoting: BRIEF


Not everyone worships money like you do. There are more interesting things in this world to me. But count your nickels. I hope your the richest man in the cemetary.
Lady Jane SmithModerator
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04/24/2019 10:40 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
...


You act as though I cannot do both...fool

Trying to time the market is foolish too...
 Quoting: BRIEF


With such a large ego where you feel the need to not only call people you don't know 'fool' but to constantly brag about how successful you are, it becomes clear you lack many things in life

Boastful people aren't usually very happy

Sure, trying to time the market is foolish, but so is thinking things can't go from good to bad quickly

What's the risk in taking 50% of your investment out of the market for 4 months?
 Quoting: Anonymous Coward 77540192


You lose the growth of half your holdings and kill that ratio of exponential growth that only accompanies long term investing.
 Quoting: BRIEF


Let's assume for a minute it was $1 million you had invested

You take out $500k and hold just in case for four months

Assuming you make roughly 2-3% on that $500k in four months (high return for four months) it's only $15k profit
If the market dips 10+% and you rebuy in cheaper, the amount of shares you now hold are greater giving you more dividends and potential for gains

But hey, do whatever you want bro
 Quoting: Anonymous Coward 77540192


Don't forget the implications of short term capital gains taxes when you do that.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Hard Eight

User ID: 77553106
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04/24/2019 10:41 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
5 stars
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson

If you don't read the newspaper   
you are uninformed, if you do   
read the newspaper you are   
misinformed. -- Mark Twain

Giving money and power to   
government is like giving whiskey   
and keys to teenage boys.   
-- P.J. O'Rourke, Civil Libertarian
 
Carol B.

User ID: 77275417
United States
04/24/2019 10:41 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
So, judging from one of my little accounts....

The day before Trump was elected, this account was total in at 22,000.

I have not added any more funds to this account.


Today, this account is at 56,545.

Only stocks and etf's dealing with proven dividends.

Brief is correct.
 Quoting: Carol B.


Additional info..

All dividends are reinvested in the stock or etf.
Prayer.....the world's first wireless connection.
Anonymous Coward
User ID: 77441624
United States
04/24/2019 10:43 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
...


Stocks are garbage. real estate is a guaranteed return. never any shortage of renttards ready to fork you over $1000/a month for some little shithole. Easy money!!!
epiclol
 Quoting: Anonymous Coward 77441624


Then you have never had rental property...
 Quoting: BRIEF


You beclown yourself!

I've had rental props both commercial and resi for over 20yrs. In that time I've only had 1 crackhead rip the copper pies out to scrap but even then my insurance company paid to replumb the entire house. I manage my own properties but there are also plenty of prop management companies that will screen tenants, collect rent etc and even absorb the loss of court costs, unpaid rents, evictions, etc. The props i have in FL have both doubled in value since I bought them and the are fully paid off via tenant rent. Housing prices only impact those who are trying to buy or sell. The rent comes in every month regardless of the market. Really don't need immediate liquidity because of the constant cash inflow, unlike stocks that you sometimes have to wait years to recover after a downturn, if at all. With stocks you are always relying on someone else with your money, which I have learned over the years is a fool's errand.

norespect
 Quoting: Anonymous Coward 77441624


Trump made his fortune in real estate, if you got the drive you can do it...
 Quoting: BRIEF


I have two props that clear $10k/year that cost me $52k each but are now worth $100k each. The average person can't make that kind of return in the stock market.
norespect
Anonymous Coward
User ID: 10485453
United States
04/24/2019 10:46 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
The markets love Trump. A good friend of mine has made a lot of money in the markets.
If you don't have anythin
User ID: 34404409
United States
04/24/2019 10:48 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
in the stock market, you're stupid.

Or poor. Like me.
BRIEF  (OP)

User ID: 39607259
United States
04/24/2019 10:53 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
in the stock market, you're stupid.

Or poor. Like me.
 Quoting: If you don't have anythin 34404409


Investing comes after perfecting your budget and securing a skill that allows you to make more money...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
1-2-Follow

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04/24/2019 10:53 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Always looking for doom in the market, but there's none to be found...

[link to www.cnbc.com (secure)]
 Quoting: BRIEF


trump-hryk
Articles and "news" from liberal media shall now be known as catnip for libtards.

Truth is schilling in the empire of retards.

"Yep but for now we dub you toast guy." - AC520845

*PROCLAIMED PROPHET OF THE DOW* ®

Let me know when the climate STOPS changing, then i'll be worried.
Anonymous Coward
User ID: 65808035
United Kingdom
04/24/2019 10:54 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
If you don't have any light in you, you're probably just soulless.

And this is the judgment: that the light has come into the world, and men loved the darkness rather than the light: for their works were evil.

For every one that does evil, hateth the light, and cometh not to the light, lest his deeds should be reproved:

But he that doeth the truth, cometh to the light, that his works may be made manifest, that they are wrought in God.' - John 3:19-21 Vulgate Bible

 Quoting: Anonymous Coward 65808035


I love the light, I'm solar powered...so is my house
 Quoting: BRIEF


And believing in Lord Jesus was the judgement, let's backtrack backward briefly a bit:

As Moses lifted up the serpent in the wilderness; so must the Son of Man;

So that everyone who believes in him, should not perish, but may have eternal life.

For God so loved the world, that he gave his one and only begotten Son, that every one that is believing in him, may not perish, but may have eternal life.

God did not send his son into the world to condemn the world, but that the world may saved through him.

He that believeth on him is not condemned: but he that doth not believe, is already judged: because he believeth not in the name of the only begotten Son of God. - John 3:14-18-21 Vulgate Bible
tkwasny

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04/24/2019 10:55 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
The day after Trump was elected I shifted over 60% of my 401K from bonds to assorted stock. Been killin' it on the long-range view ever since. I knew a business man would make regulations good for business.
Shamar Rubina

User ID: 34404409
United States
04/24/2019 10:56 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
in the stock market, you're stupid.

Or poor. Like me.
 Quoting: If you don't have anythin 34404409


Investing comes after perfecting your budget and securing a skill that allows you to make more money...
 Quoting: BRIEF


I have no interest in accumulating wealth of this world. I have what I need, the rest is provided to me by the Most High. I'm happier than I have ever been in the corporate world.
Shamar Rubina
Anonymous Coward
User ID: 75993659
Canada
04/24/2019 10:56 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
If you don't have anything in the stock market, you're probably just stupid.
 Quoting: BRIEF


Just ask those who had their 401k's and 30+ to 40+ years of retirement funds in the stock market when it vaporized overnight.
Anonymous Coward
User ID: 76432271
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04/24/2019 10:57 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Always looking for doom in the market, but there's none to be found...

[link to www.cnbc.com (secure)]
 Quoting: BRIEF


That’s kind of a broad brush you’re painting with there, Brief.

A lot of people, like me, just don’t know enough about the SM to have a personal portfolio that they manage, track, etc. While yes it is earning money like mad, to say that everyone not in it is ‘stupid’ is a bit over the top.

Having extra money around to invest and the savvy to really work it just isn’t a reality for a lot of folks. It doesn’t mean we’re all ‘stupid’.
Deplorable Xeven

User ID: 75948321
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04/24/2019 11:01 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Great time to buy long on Boeing. May not be at bottom yet but it will recover and make holders $$.
I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean.
anonymous coward
User ID: 76076258
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04/24/2019 11:04 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
The investment "reverse Robinhood" system has been working for centuries. Stealing from the poor, giving to the rich.
Anonymous Coward
User ID: 31491616
United States
04/24/2019 11:19 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Always looking for doom in the market, but there's none to be found...

[link to www.cnbc.com (secure)]
 Quoting: BRIEF


I have no idea how to buy stock, or what to do with it once you buy it.
BRIEF  (OP)

User ID: 39607259
United States
04/24/2019 11:21 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
The day after Trump was elected I shifted over 60% of my 401K from bonds to assorted stock. Been killin' it on the long-range view ever since. I knew a business man would make regulations good for business.
 Quoting: tkwasny


Obama wasn't even qualified to drive an Ice Cream truck...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF  (OP)

User ID: 39607259
United States
04/24/2019 11:22 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
in the stock market, you're stupid.

Or poor. Like me.
 Quoting: If you don't have anythin 34404409


Investing comes after perfecting your budget and securing a skill that allows you to make more money...
 Quoting: BRIEF


I have no interest in accumulating wealth of this world. I have what I need, the rest is provided to me by the Most High. I'm happier than I have ever been in the corporate world.
 Quoting: Shamar Rubina


I have what I need too, that's kinda the whole point...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF  (OP)

User ID: 39607259
United States
04/24/2019 11:23 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
If you don't have anything in the stock market, you're probably just stupid.
 Quoting: BRIEF


Just ask those who had their 401k's and 30+ to 40+ years of retirement funds in the stock market when it vaporized overnight.
 Quoting: Anonymous Coward 75993659


If you find one, I'll ask.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 75146814
United States
04/24/2019 11:24 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Oh look, another cucktuary thread!

hugs

Thank you Opie, 5*.
BRIEF  (OP)

User ID: 39607259
United States
04/24/2019 11:24 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
Always looking for doom in the market, but there's none to be found...

[link to www.cnbc.com (secure)]
 Quoting: BRIEF


That’s kind of a broad brush you’re painting with there, Brief.

A lot of people, like me, just don’t know enough about the SM to have a personal portfolio that they manage, track, etc. While yes it is earning money like mad, to say that everyone not in it is ‘stupid’ is a bit over the top.

Having extra money around to invest and the savvy to really work it just isn’t a reality for a lot of folks. It doesn’t mean we’re all ‘stupid’.
 Quoting: Anonymous Coward 76432271


See, that's where you are wrong...and stupid, because a financial planner can use little words to help you understand...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
SaveAmerica1776
User ID: 40330069
United States
04/24/2019 11:25 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Always looking for doom in the market, but there's none to be found...

[link to www.cnbc.com (secure)]
 Quoting: BRIEF


Gambling with billionaires that are also insiders...

Yet you call us stupid?

K. Let me know when you can sustain your actual life, off eating stocks/bonds that you don't have access to, when the SHTF..

Better to be invested in greenhouses on land
Anonymous Coward
User ID: 70732847
United States
04/24/2019 11:26 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
I don't even have food in my Cupboards how am i suppose to feed it on the stock \market.
 Quoting: Anonymous Coward 23304192


I'm sure your economic situation is someone else's fault...surly not yours
 Quoting: BRIEF


there is no level playing field in the usa, unlike in most european countries

so fuck you, brief

GO KYS ASSHOLE
 Quoting: Anonymous Coward 77586923


:yep-butthurt:

You do realize anyone can open a trading account for $250 to get started right?

Oh, never mind, I'd have better luck talking to the drying paint on my wall. (I'm actually painting today)
Anonymous Coward
User ID: 70732847
United States
04/24/2019 11:32 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
...


With such a large ego where you feel the need to not only call people you don't know 'fool' but to constantly brag about how successful you are, it becomes clear you lack many things in life

Boastful people aren't usually very happy

Sure, trying to time the market is foolish, but so is thinking things can't go from good to bad quickly

What's the risk in taking 50% of your investment out of the market for 4 months?
 Quoting: Anonymous Coward 77540192


You lose the growth of half your holdings and kill that ratio of exponential growth that only accompanies long term investing.
 Quoting: BRIEF


Let's assume for a minute it was $1 million you had invested

You take out $500k and hold just in case for four months

Assuming you make roughly 2-3% on that $500k in four months (high return for four months) it's only $15k profit
If the market dips 10+% and you rebuy in cheaper, the amount of shares you now hold are greater giving you more dividends and potential for gains

But hey, do whatever you want bro
 Quoting: Anonymous Coward 77540192


Don't forget the implications of short term capital gains taxes when you do that.
 Quoting: Lady Jane Smith


Yep, if people don't understand the implications of short term gains tax, they can get in real trouble if they take gains without timing it all for EOY realized gains tax.

People have this misconception that investing is as simple as throwing a bunch of money at stocks, taking massive gains and living happily ever after. lol
Anonymous Coward
User ID: 72726126
United States
04/24/2019 11:32 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
...


Then you have never had rental property...
 Quoting: BRIEF


You beclown yourself!

I've had rental props both commercial and resi for over 20yrs. In that time I've only had 1 crackhead rip the copper pies out to scrap but even then my insurance company paid to replumb the entire house. I manage my own properties but there are also plenty of prop management companies that will screen tenants, collect rent etc and even absorb the loss of court costs, unpaid rents, evictions, etc. The props i have in FL have both doubled in value since I bought them and the are fully paid off via tenant rent. Housing prices only impact those who are trying to buy or sell. The rent comes in every month regardless of the market. Really don't need immediate liquidity because of the constant cash inflow, unlike stocks that you sometimes have to wait years to recover after a downturn, if at all. With stocks you are always relying on someone else with your money, which I have learned over the years is a fool's errand.

norespect
 Quoting: Anonymous Coward 77441624


Trump made his fortune in real estate, if you got the drive you can do it...
 Quoting: BRIEF


I have two props that clear $10k/year that cost me $52k each but are now worth $100k each. The average person can't make that kind of return in the stock market.
norespect
 Quoting: Anonymous Coward 77441624


I'll do you one better, I got a property for $27k that's valued at the PVA for $75K. Got it inspected, only very minor things to repair. Brand new mechanicals, no leaks, brand new metal roof. And oh yea, the PVA's numbers are always low, so fair market is $90K or so.

I'd sell it, but I'd rather keep it as my new home and garage/machine shop.
The Årtist

User ID: 77407545
United States
04/24/2019 11:33 AM
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Re: If you don't have anything in the stock market, you're probably just stupid.
Now is the absolute worst time to buy in lol. Only a fool would invest at all time highs in the 11th year of a bull market.
RAGE
Lady Jane SmithModerator
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04/24/2019 11:35 AM

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Re: If you don't have anything in the stock market, you're probably just stupid.
If you don't have anything in the stock market, you're probably just stupid.
 Quoting: BRIEF


Just ask those who had their 401k's and 30+ to 40+ years of retirement funds in the stock market when it vaporized overnight.
 Quoting: Anonymous Coward 75993659


If you find one, I'll ask.
 Quoting: BRIEF


Shut the fuck up you sick pedophile before I plaster your work all over the forum again.



Judgement is upon your nation and ALL who continue to support and defend it.

[link to www.godlikeproductions.com]
 Quoting: Anonymous Coward 77588134


Fuck off, Muzz.

May pig piss be upon you and your prophet.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny





GLP