If you have been invested in just the NASDAQ for the last three years, you have made 101% | |
Anonymous Coward User ID: 71103528 United States 01/01/2022 05:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72496802 United States 01/01/2022 05:25 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80608675 Canada 01/01/2022 05:25 PM Report Abusive Post Report Copyright Violation | Very easy to determine. Look at similar growth patterns in the past. For example look at the dot com bubble. It had similar growth. Then it all came crashing down. Same thing before the 2008-2009 sub-prime bubble burst. All this indicates is that another market burst is on the immediate horizon. |
Anonymous Coward User ID: 80608675 Canada 01/01/2022 05:27 PM Report Abusive Post Report Copyright Violation | Do you understand now that if you invested my way, your DOW exposer would be 25% or less and you would have survived the depression and made money... Quoting: BRIEF After the government fist in your ass takes it's cut, what is 100%? 60%? Its at least 60% left over but technically it could be as little as 40% left over after the taxman takes their cut. |
BRIEF
(OP) User ID: 79662918 United States 01/01/2022 05:29 PM Report Abusive Post Report Copyright Violation | Do you understand now that if you invested my way, your DOW exposer would be 25% or less and you would have survived the depression and made money... Quoting: BRIEF After the government fist in your ass takes it's cut, what is 100%? 60%? Capital gains tax is 0%, 15%, and 20% depending on how much you wish to realize in a given year... You do not pay SS or any income or payroll taxes! Last Edited by BRIEF on 01/01/2022 05:35 PM I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
(OP) User ID: 79662918 United States 01/01/2022 05:30 PM Report Abusive Post Report Copyright Violation | Do you understand now that if you invested my way, your DOW exposer would be 25% or less and you would have survived the depression and made money... Quoting: BRIEF And bitcoin was up 1100%. What's your point ? I'm invested and you are not... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
(OP) User ID: 79662918 United States 01/01/2022 05:31 PM Report Abusive Post Report Copyright Violation | Very easy to determine. Look at similar growth patterns in the past. For example look at the dot com bubble. It had similar growth. Then it all came crashing down. Same thing before the 2008-2009 sub-prime bubble burst. All this indicates is that another market burst is on the immediate horizon. In 1999 it was up 90%, but that should only be 25% of your portfolio... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 71103528 United States 01/01/2022 05:34 PM Report Abusive Post Report Copyright Violation | Do you understand now that if you invested my way, your DOW exposer would be 25% or less and you would have survived the depression and made money... Quoting: BRIEF After the government fist in your ass takes it's cut, what is 100%? 60%? Its at least 60% left over but technically it could be as little as 40% left over after the taxman takes their cut. 60%-40% left is up to where you specifically live. I invest mostly in gold. Well not invest but at least preserve the time I spend working. We are just starting to see the very first tremors of inflation. Last night I paid 14 dollars for 6 chicken wings. I did a wayback machine lookup on their menu before. They didn't even offer only 6 - it was 12 and was an appetizer for 7 bucks. That was 5 years ago. I know brief is a big government and wall street apologist but even with the best gains, including my unrealized ones on funeral options, it is about a wash in the end. Between taxes and inflation, making a lot of money is going to be poverty soon. We will be eating pigeon wings soon...but you have to catch them first. |
Anonymous Coward User ID: 79975746 United States 01/01/2022 05:35 PM Report Abusive Post Report Copyright Violation | more than 50% of Americans don't have 400 bucks in their saving accounts Quoting: Anonymous Coward 80835338 and you're talking about stock market you're fucking delusional more than 50?! this includes children or something? Nope, there are just a lot of ignorant poor people who rent, and carry around $2k cells phones with a $1,200/yr plan. Jan 12, 2017 Nearly six in 10 Americans don't have enough savings to cover a $500 or $1,000 unplanned expense, according to a new report from Bankrate. Only 41% of adults reported having enough in their ... and that was even before this plandemic People waste their money buying luxuries they should not be buying. Smart phones with $100/month data plans, streaming subscriptions, their daily Starbucks, a new car, 4K HDTV, eating out too often. They convince themselves they need their 'things', but they would be so much better off putting few dollars was debunked and investing. If you have a job where your employer does a 401k match, you really need to max out that matching contribution. If they have a stock purchase plan you should try to max that out as well (assuming you get a discount and/or purchase price at beginning or end of period - whichever is loest. Most people can cut $100-$200 a month in expenses without really feeling it. The sooner you start investing the better. Make it a resolution. Stick to it. Supplement your income with a side hustle. Getting that money in early is essential. |
Anonymous Coward User ID: 76766798 United States 01/01/2022 06:05 PM Report Abusive Post Report Copyright Violation | Hey guys -- stop with this "the whole system is gonna collapse" bit. That line of thought kept me out of the market for nearly 15 years. Back then there was this idea that the system was gonna collapse and blah, blah. Well, that was a foolish mistake. Even if the US turned full commie, they stock market will still be in action. Remember politicians and the corporate elite get rich off it. But -- regular Joes who save and invest wisely get rich too. So it's wise to put your money into something like some simple index funds that track the overall market, instead of towards some bunker. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 05:52 PM Report Abusive Post Report Copyright Violation | What a great way to start 2022!! NASDAQ 1.29% Dow .68% S&P 500 .64% Last Edited by BRIEF on 01/03/2022 05:54 PM I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 78382884 Israel 01/03/2022 06:14 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 06:28 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76509910 United States 01/03/2022 07:09 PM Report Abusive Post Report Copyright Violation | Plenty of Nasdaq stocks one could have been invested in that you wouldnt even have got close to 100%. It has done remarkably well, but the Fed has been pumping money into the game for a while now. Supposedly they will cease and desist this year, but who knows |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 07:24 PM Report Abusive Post Report Copyright Violation | Plenty of Nasdaq stocks one could have been invested in that you wouldnt even have got close to 100%. It has done remarkably well, but the Fed has been pumping money into the game for a while now. Supposedly they will cease and desist this year, but who knows Quoting: Anonymous Coward 76509910 That's why I only buy mutual funds...And I have strict criteria. Any given mutual fund has around 80 stocks or companies in it...I make them prove a 10% average minimum for 10 years before I will consider buying... Individual stocks are risky, but what's the odds of 40 of the 80 companies going bankrupt? Astronomical! I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 07:25 PM Report Abusive Post Report Copyright Violation | Plenty of Nasdaq stocks one could have been invested in that you wouldnt even have got close to 100%. It has done remarkably well, but the Fed has been pumping money into the game for a while now. Supposedly they will cease and desist this year, but who knows Quoting: Anonymous Coward 76509910 I only have 25% of my portfolio in tech anyway...Diversity is the key... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 15137749 United States 01/03/2022 07:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 15137749 United States 01/03/2022 07:35 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80515244 United States 01/03/2022 07:37 PM Report Abusive Post Report Copyright Violation | of course the market will go up, its priced in dollars and they can just print 'money' the regular man has to work for these crony-backed fiat notes that are inflated away. so, while the number goes up, the real value goes down. |
Anonymous Coward User ID: 78274705 Canada 01/03/2022 07:43 PM Report Abusive Post Report Copyright Violation | Look at these three charts, if you need proof, and average the three big indices: Quoting: BRIEF DOW for 2019-2021= 22.3 + 18.9 + 7.2 = 16.13% S&P 500 2019-2021= 28.9 + 26.9 + 16.3 = 24.03% NASDAQ 2019-2021= 35.2 + 43.6 + 22.3 = 101.1% 2019-2021= 141.43% average = 47.23% If anyone wishes to double check me, feel free... So I would like to once again introduce my theory of, for lack of a better term, the "Do something Syndrome" Basically, my theory has proven correct and effective. In the face of uncertainty in life, and here we are discussing economic uncertainty, people have the kneejerk reaction to "DO SOMETHING". I have proven to myself over the course of 30+ years of investing, that the best strategy is to DO NOTHING... If you pulled out of the market in the last three years, you lost out! Investing is for the long term with the goal of never cashing out...You only take distributions, and let your portfolio grow into a monster!! If you pull your money out of the market trying to time the prevention of a loss and then time the gains, to put the funds back in, you are not an investor...A gambler, but not an investor... If you began the pandemic with 100k, you would have more than doubled your money 200k+ (being very conservative) However, if you missed out on 10 of the largest days of growth in that time period, we calculated you would have lost $35,000, and have $165,000 remaining... Remember, investing is making a loan, not "Here's a few grand, now give it back and hope some money sticks to it" LOL That is not an investment strategy, unless poverty is your goal... Many of you have asked me to make an investment/money thread, so here you go, ask away... [link to www.macrotrends.net (secure)] [link to www.macrotrends.net (secure)] [link to www.macrotrends.net (secure)] Brief, is correct, but .... There is something that he's not telling you. There have been many extended periods of time over that 100 years when the gains have been minimal and the losses have been significant. When INVESTING in an index, you need to have a long term investing profile. You need to think decades into the future. It took over a decade for the nasdaq to recover from its losses during the high tech crash in 2000/2001. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 07:50 PM Report Abusive Post Report Copyright Violation | of course the market will go up, its priced in dollars and they can just print 'money' Quoting: RevelatioNow the regular man has to work for these crony-backed fiat notes that are inflated away. so, while the number goes up, the real value goes down. Well , in crazyland it might work that way, but tell me were the inflation is or the devaluation if you make a million a year? Do you really care what things cost? I just buy shit when I want or need it, I mean if the price tag looks way out of line I'm not going to buy it unless I really want that badly...But I don't want anything, I have all I need... Last Edited by BRIEF on 01/03/2022 07:51 PM I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 80427544 United States 01/03/2022 07:53 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 07:54 PM Report Abusive Post Report Copyright Violation | I don't recall posting this in my thread, but if it's a duplicate it's worth a second read. I just recently informed my three boys and their wives that I built an IRA and maxed it out for 26 years, and I will never need it. So I'm going to begin early inheritance Distrubutions... 3% each for the three families for a total realization of 9% per year from the IRA, and the rest is left to grow...forever... Then when I get squished, my taxable brokerage account will be added, and the same rules apply, 3% per year per family, and averaging 20% we will grow 11% per year until Jesus returns... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 07:55 PM Report Abusive Post Report Copyright Violation | |
Vafþrúðnir
User ID: 81704688 United States 01/03/2022 07:55 PM Report Abusive Post Report Copyright Violation | Look at these three charts, if you need proof, and average the three big indices: Quoting: BRIEF DOW for 2019-2021= 22.3 + 18.9 + 7.2 = 16.13% S&P 500 2019-2021= 28.9 + 26.9 + 16.3 = 24.03% NASDAQ 2019-2021= 35.2 + 43.6 + 22.3 = 101.1% 2019-2021= 141.43% average = 47.23% If anyone wishes to double check me, feel free... So I would like to once again introduce my theory of, for lack of a better term, the "Do something Syndrome" Basically, my theory has proven correct and effective. In the face of uncertainty in life, and here we are discussing economic uncertainty, people have the kneejerk reaction to "DO SOMETHING". I have proven to myself over the course of 30+ years of investing, that the best strategy is to DO NOTHING... If you pulled out of the market in the last three years, you lost out! Investing is for the long term with the goal of never cashing out...You only take distributions, and let your portfolio grow into a monster!! If you pull your money out of the market trying to time the prevention of a loss and then time the gains, to put the funds back in, you are not an investor...A gambler, but not an investor... If you began the pandemic with 100k, you would have more than doubled your money 200k+ (being very conservative) However, if you missed out on 10 of the largest days of growth in that time period, we calculated you would have lost $35,000, and have $165,000 remaining... Remember, investing is making a loan, not "Here's a few grand, now give it back and hope some money sticks to it" LOL That is not an investment strategy, unless poverty is your goal... Many of you have asked me to make an investment/money thread, so here you go, ask away... [link to www.macrotrends.net (secure)] [link to www.macrotrends.net (secure)] [link to www.macrotrends.net (secure)] Brief, is correct, but .... There is something that he's not telling you. There have been many extended periods of time over that 100 years when the gains have been minimal and the losses have been significant. When INVESTING in an index, you need to have a long term investing profile. You need to think decades into the future. It took over a decade for the nasdaq to recover from its losses during the high tech crash in 2000/2001. Sell-siders have no other choice but to blow perpetual smoke up the arses of greater fools to make money. He's nervous which is why he'll bump this thread every 'up' day and pretend he saw every 'down' day coming far in advance. I've seen hundreds of sell-siders just like this guy come and go, and when they finally do get blown out - and they always end up getting blown out - he'll either turtle quietly away or find something else to sell to the greater fool. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 07:57 PM Report Abusive Post Report Copyright Violation | Look at these three charts, if you need proof, and average the three big indices: Quoting: BRIEF DOW for 2019-2021= 22.3 + 18.9 + 7.2 = 16.13% S&P 500 2019-2021= 28.9 + 26.9 + 16.3 = 24.03% NASDAQ 2019-2021= 35.2 + 43.6 + 22.3 = 101.1% 2019-2021= 141.43% average = 47.23% If anyone wishes to double check me, feel free... So I would like to once again introduce my theory of, for lack of a better term, the "Do something Syndrome" Basically, my theory has proven correct and effective. In the face of uncertainty in life, and here we are discussing economic uncertainty, people have the kneejerk reaction to "DO SOMETHING". I have proven to myself over the course of 30+ years of investing, that the best strategy is to DO NOTHING... If you pulled out of the market in the last three years, you lost out! Investing is for the long term with the goal of never cashing out...You only take distributions, and let your portfolio grow into a monster!! If you pull your money out of the market trying to time the prevention of a loss and then time the gains, to put the funds back in, you are not an investor...A gambler, but not an investor... If you began the pandemic with 100k, you would have more than doubled your money 200k+ (being very conservative) However, if you missed out on 10 of the largest days of growth in that time period, we calculated you would have lost $35,000, and have $165,000 remaining... Remember, investing is making a loan, not "Here's a few grand, now give it back and hope some money sticks to it" LOL That is not an investment strategy, unless poverty is your goal... Many of you have asked me to make an investment/money thread, so here you go, ask away... [link to www.macrotrends.net (secure)] [link to www.macrotrends.net (secure)] [link to www.macrotrends.net (secure)] Brief, is correct, but .... There is something that he's not telling you. There have been many extended periods of time over that 100 years when the gains have been minimal and the losses have been significant. When INVESTING in an index, you need to have a long term investing profile. You need to think decades into the future. It took over a decade for the nasdaq to recover from its losses during the high tech crash in 2000/2001. Long term is an understatement. Read my estate plan, it's forever investing... I just recently informed my three boys and their wives that I built an IRA and maxed it out for 26 years, and I will never need it. So I'm going to begin early inheritance Distrubutions... 3% each for the three families for a total realization of 9% per year from the IRA, and the rest is left to grow...forever... Then when I get squished, my taxable brokerage account will be added, and the same rules apply, 3% per year per family, and averaging 20% we will grow 11% per year until Jesus returns... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 78274705 Canada 01/03/2022 08:08 PM Report Abusive Post Report Copyright Violation | Long term is an understatement. Read my estate plan, it's forever investing... Quoting: BRIEF I just recently informed my three boys and their wives that I built an IRA and maxed it out for 26 years, and I will never need it. So I'm going to begin early inheritance Distrubutions... 3% each for the three families for a total realization of 9% per year from the IRA, and the rest is left to grow...forever... Then when I get squished, my taxable brokerage account will be added, and the same rules apply, 3% per year per family, and averaging 20% we will grow 11% per year until Jesus returns... Depending on the age of the family members, that 3% may be a bit rich. 4% used to be the golden rule for withdrawals in retirement. They have been recently modifying that number lower in this low interest environment we've been in for many years. Until Jesus? I'd drop that to 2% just to be safe especially now as we continue in this high inflationary period which may get worse. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 08:14 PM Report Abusive Post Report Copyright Violation | Long term is an understatement. Read my estate plan, it's forever investing... Quoting: BRIEF I just recently informed my three boys and their wives that I built an IRA and maxed it out for 26 years, and I will never need it. So I'm going to begin early inheritance Distrubutions... 3% each for the three families for a total realization of 9% per year from the IRA, and the rest is left to grow...forever... Then when I get squished, my taxable brokerage account will be added, and the same rules apply, 3% per year per family, and averaging 20% we will grow 11% per year until Jesus returns... Depending on the age of the family members, that 3% may be a bit rich. 4% used to be the golden rule for withdrawals in retirement. They have been recently modifying that number lower in this low interest environment we've been in for many years. Until Jesus? I'd drop that to 2% just to be safe especially now as we continue in this high inflationary period which may get worse. The overall average of the markets is 12% for over 100 years, which includes the dip of '29 Even at 12%, it grows a 3, which accounts for inflation... We pick good mutual funds with a long history and average around 20% I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 76509910 United States 01/03/2022 08:38 PM Report Abusive Post Report Copyright Violation | Plenty of Nasdaq stocks one could have been invested in that you wouldnt even have got close to 100%. It has done remarkably well, but the Fed has been pumping money into the game for a while now. Supposedly they will cease and desist this year, but who knows Quoting: Anonymous Coward 76509910 I only have 25% of my portfolio in tech anyway...Diversity is the key... Agree totally and since most 401K's and other managed investment funds generally stick with Blue Chip or safer harbor stocks, most should have enjoyed hefty gains. |
BRIEF
(OP) User ID: 79662918 United States 01/03/2022 08:41 PM Report Abusive Post Report Copyright Violation | Plenty of Nasdaq stocks one could have been invested in that you wouldnt even have got close to 100%. It has done remarkably well, but the Fed has been pumping money into the game for a while now. Supposedly they will cease and desist this year, but who knows Quoting: Anonymous Coward 76509910 I only have 25% of my portfolio in tech anyway...Diversity is the key... Agree totally and since most 401K's and other managed investment funds generally stick with Blue Chip or safer harbor stocks, most should have enjoyed hefty gains. I cover the board, 25% in each of the four sectors of the markets...Mutual funds only, which allows for more aggressive investing without as much risk...Not even 40 of the 80 companies in a fund are going to fold... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |