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If you have been invested in just the NASDAQ for the last three years, you have made 101%

 
Anonymous Coward
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01/03/2022 08:42 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
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...
 Quoting: BRIEF



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.
 Quoting: Anonymous Coward 78274705


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%
 Quoting: BRIEF


Sorry, I'm not understanding you correctly. Is that 3% the withdrawal rate or the expected rate of return? Currently, the 4% withdrawal rate has only a 75% success rate for a person retiring at a normal age of 65. If you are talking, "until jesus..", you need to get that 75% much closer to 100%. You can get that 75% closer to 85% if you exploit annuities for a portion of the portfolio. Anyhow, I'm not the expert. This is based on reading i've been doing as I approach retirement.
Anonymous Coward
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01/03/2022 08:43 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
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...
 Quoting: BRIEF


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.
 Quoting: Anonymous Coward 76509910


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...
 Quoting: BRIEF


Why mutual funds? The management expense ratio is too high. Why not ETFs or index funds?
Anonymous Coward
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01/03/2022 08:48 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
Look at these three charts, if you need proof, and average the three big indices:

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...

 Quoting: BRIEF


i don't get the numbers in the OP above

what are those, percentages bolded?

and the thing in red, what's what
 Quoting: Anonymous Coward 81617503


In bold are the percentages of gains from the three major indices for the last three years.

In red is all three years added and averaged
 Quoting: BRIEF



Yes, Brief should be using a different character than "=" to avoid confusion.

He means DOW: (22.3% + 18.9% + 7.2%)/3 = 16.13%. He's describing an average.
BRIEF  (OP)

User ID: 79662918
United States
01/03/2022 08:52 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
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...
 Quoting: BRIEF



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.
 Quoting: Anonymous Coward 78274705


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%
 Quoting: BRIEF


Sorry, I'm not understanding you correctly. Is that 3% the withdrawal rate or the expected rate of return? Currently, the 4% withdrawal rate has only a 75% success rate for a person retiring at a normal age of 65. If you are talking, "until jesus..", you need to get that 75% much closer to 100%. You can get that 75% closer to 85% if you exploit annuities for a portion of the portfolio. Anyhow, I'm not the expert. This is based on reading i've been doing as I approach retirement.
 Quoting: Anonymous Coward 78274705


I have proven my formula for 30 years, it works...annuities pay you 6% and they invest your lump sum and make 20% in the market like we do...


I am teaching you in this thread, I appreciate the advice, but I do not take financial advice from anyone who is not a millionaire...

Last Edited by BRIEF on 01/03/2022 08:55 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.

Briefcut4892
BRIEF  (OP)

User ID: 79662918
United States
01/03/2022 08:58 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
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...
 Quoting: BRIEF



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.
 Quoting: Anonymous Coward 78274705


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%
 Quoting: BRIEF


Sorry, I'm not understanding you correctly. Is that 3% the withdrawal rate or the expected rate of return? Currently, the 4% withdrawal rate has only a 75% success rate for a person retiring at a normal age of 65. If you are talking, "until jesus..", you need to get that 75% much closer to 100%. You can get that 75% closer to 85% if you exploit annuities for a portion of the portfolio. Anyhow, I'm not the expert. This is based on reading i've been doing as I approach retirement.
 Quoting: Anonymous Coward 78274705


I have three grown children, each with a family.

They each get 3% per year, which is 9% per year realized from the trust...

We average 20%

The markets combined average 12%

Get it?

Last Edited by BRIEF on 01/03/2022 08:58 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.

Briefcut4892
Anonymous Coward
User ID: 78274705
Canada
01/03/2022 09:16 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
I have proven my formula for 30 years, it works...annuities pay you 6% and they invest your lump sum and make 20% in the market like we do...


I am teaching you in this thread, I appreciate the advice, but I do not take financial advice from anyone who is not a millionaire...
 Quoting: BRIEF



No, that's not how annuities work. They average maybe 8 or 9% per year. They are able to pay you 6 percent because they are counting on a set percentage of people dying prematurely, forfeiting their investment. As a result, you are being paid with proceeds of the person who died prematurely.

20% return is not sustainable over the long term. This isn't realistic. Your own words prove this. By your own observation, the index has returned an average of 12% over 100 years. Is it realistic to believe you can beat the index by 8%/year consistently over a 100 year period?
Anonymous Coward
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01/03/2022 09:17 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
...



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.
 Quoting: Anonymous Coward 78274705


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%
 Quoting: BRIEF


Sorry, I'm not understanding you correctly. Is that 3% the withdrawal rate or the expected rate of return? Currently, the 4% withdrawal rate has only a 75% success rate for a person retiring at a normal age of 65. If you are talking, "until jesus..", you need to get that 75% much closer to 100%. You can get that 75% closer to 85% if you exploit annuities for a portion of the portfolio. Anyhow, I'm not the expert. This is based on reading i've been doing as I approach retirement.
 Quoting: Anonymous Coward 78274705


I have three grown children, each with a family.

They each get 3% per year, which is 9% per year realized from the trust...

We average 20%

The markets combined average 12%

Get it?
 Quoting: BRIEF


What is in essence a 9% "dividend" is not sustainable over a "till Jesus" period of time. Good luck!
Anonymous Coward
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01/03/2022 09:22 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
What is in essence a 9% "dividend" is not sustainable over a "till Jesus" period of time. Good luck!
 Quoting: Anonymous Coward 78274705


Proof of this quite simple:

Look at your own example at the beginning of this thread. The nasdaq index lost substantially after 2000 and took over 15 years to recover. Had you withdrawn at a rate of 9%/year, you would have almost entirely depleted the principle of your investment. When you withdraw, you need to account for the fact that you are also withdrawing during extended periods when the markets are crashing or simply flat.
BRIEF  (OP)

User ID: 79662918
United States
01/03/2022 09:30 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
I have proven my formula for 30 years, it works...annuities pay you 6% and they invest your lump sum and make 20% in the market like we do...


I am teaching you in this thread, I appreciate the advice, but I do not take financial advice from anyone who is not a millionaire...
 Quoting: BRIEF



No, that's not how annuities work. They average maybe 8 or 9% per year. They are able to pay you 6 percent because they are counting on a set percentage of people dying prematurely, forfeiting their investment. As a result, you are being paid with proceeds of the person who died prematurely.

20% return is not sustainable over the long term. This isn't realistic. Your own words prove this. By your own observation, the index has returned an average of 12% over 100 years. Is it realistic to believe you can beat the index by 8%/year consistently over a 100 year period?
 Quoting: Anonymous Coward 78274705


WE do because of my criteria for selecting funds...

Since 1965, the company has provided 20% average annual returns, almost double the annual returns of the S&P 500. While past performance is no guarantee of future success, that fact alone could make BRK a great choice for long-term buy-and-hold investors.

[link to www.fool.com (secure)]

We are not the only ones...


Now teacher has spoken. Another word about it and you get shown the door.
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: 79662918
United States
01/03/2022 09:34 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
And on annuities: You give them a lump sum and they pay you shit interest, they then invest your lump sum into the market and make 20%



an annuity is a contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or at some point in the future.

[link to www.investopedia.com (secure)]
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: 79662918
United States
01/03/2022 09:39 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
For those who don't know Warran Buffet's Berkshire Hathaway stock, it is a mutual fund within itself...I do not own any and I'm not recommending you buy a share for $450,000...But he is very diversified within his "stock"

Last Edited by BRIEF on 01/03/2022 09:40 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.

Briefcut4892
Anonymous Coward
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01/03/2022 09:41 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
Great post OP.

I agree just buy buy buy over time and don't fear the reaper.

Currently sitting on 1000% gains since 2020 when I bought every solid midcap oiler with good balance sheets.

Energy going to rock for awhile so I'll just hold for now.
BRIEF  (OP)

User ID: 79662918
United States
01/03/2022 09:43 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
If you missed that dumbass, Berkshire Hathaway has made 20% since 1965


[link to www.fool.com (secure)]


salute
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
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Australia
01/03/2022 09:44 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
Looks like 2022 might be the year

unvaxxed, we ride !!! seal

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Anonymous Coward
User ID: 81751634
01/03/2022 09:44 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
Look at these three charts, if you need proof, and average the three big indices:

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)]
 Quoting: BRIEF


This is the Brief I’ll accept.

The other Brief’s a putz.
BRIEF  (OP)

User ID: 79662918
United States
01/03/2022 09:47 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
Look at these three charts, if you need proof, and average the three big indices:

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)]
 Quoting: BRIEF


This is the Brief I’ll accept.

The other Brief’s a putz.
 Quoting: Anonymous Coward 81751634


Well ya get the package deal, it's the only way this model is made...
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
Swamprat

User ID: 25122141
United States
01/03/2022 09:54 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
Thanks for the thread.

I hope GLPers will take note.
We aren't cut out to be socialists.We are the people who couldn't be constrained by Europe. We are the malcontents, idealists, speculators, dreamers, inventors, debtors and criminals who would not be chained. We don't play well with others, we are brash, outlandish and cunning. let us do what we do best; let us be Americans.
Anonymous Coward
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01/03/2022 11:40 PM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
If you missed that dumbass, Berkshire Hathaway has made 20% since 1965


[link to www.fool.com (secure)]


:salute:
 Quoting: BRIEF


Good for him! I respect his success!

You are a random member of conspiracy forum. Why do you deserve the same respect and success that this man has achieved?

To the rest of you: his basic premise is correct. Long term investing in the index funds is a reasonably good strategy for those of us who are not experts.
BRIEF  (OP)

User ID: 79662918
United States
01/03/2022 11:50 PM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
If you missed that dumbass, Berkshire Hathaway has made 20% since 1965


[link to www.fool.com (secure)]


salute
 Quoting: BRIEF


Good for him! I respect his success!

You are a random member of conspiracy forum. Why do you deserve the same respect and success that this man has achieved?

To the rest of you: his basic premise is correct. Long term investing in the index funds is a reasonably good strategy for those of us who are not experts.
 Quoting: Anonymous Coward 78274705


Thank you but not exactly...

I purchase only mutual funds with a track record of 10% or better over ten years.

I put 25% in each of the four sectors of the economy:

Growth

Growth and Income

Aggressive growth

International

Last Edited by BRIEF on 01/03/2022 11:51 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.

Briefcut4892
Anonymous Coward
User ID: 78274705
Canada
01/04/2022 12:03 AM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
If you missed that dumbass, Berkshire Hathaway has made 20% since 1965


[link to www.fool.com (secure)]


:salute:
 Quoting: BRIEF


Good for him! I respect his success!

You are a random member of conspiracy forum. Why do you deserve the same respect and success that this man has achieved?

To the rest of you: his basic premise is correct. Long term investing in the index funds is a reasonably good strategy for those of us who are not experts.
 Quoting: Anonymous Coward 78274705


Thank you but not exactly...

I purchase only mutual funds with a track record of 10% or better over ten years.

I put 25% in each of the four sectors of the economy:

Growth

Growth and Income

Aggressive growth

International
 Quoting: BRIEF


Yes, I know. That is a variation on the "couch potato" portfolio.

In this low interest environment, I would place a portion of the income segment in an annuity. You will get a higher return over the longer term.
BRIEF  (OP)

User ID: 79662918
United States
01/04/2022 07:09 AM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
If you missed that dumbass, Berkshire Hathaway has made 20% since 1965


[link to www.fool.com (secure)]


salute
 Quoting: BRIEF


Good for him! I respect his success!

You are a random member of conspiracy forum. Why do you deserve the same respect and success that this man has achieved?

To the rest of you: his basic premise is correct. Long term investing in the index funds is a reasonably good strategy for those of us who are not experts.
 Quoting: Anonymous Coward 78274705


Thank you but not exactly...

I purchase only mutual funds with a track record of 10% or better over ten years.

I put 25% in each of the four sectors of the economy:

Growth

Growth and Income

Aggressive growth

International
 Quoting: BRIEF


Yes, I know. That is a variation on the "couch potato" portfolio.

In this low interest environment, I would place a portion of the income segment in an annuity. You will get a higher return over the longer term.
 Quoting: Anonymous Coward 78274705


No, annuities are 6-7% lol

You are not to give anymore financial advice here because you do not know what you are talking about...


Didn't you say an annuity is not a lump sum or series of payments to an INS for shit interest? It is. You give them enough to buy a house or two, and they pay you 6% while making 20% on your money...

One more inadvisable piece of information that is not in the form of a question, will get you banned.

Last Edited by BRIEF on 01/04/2022 07:09 AM
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)

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United States
01/04/2022 07:13 AM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
This is not a thread for economic theories or your best guess, or something you heard your uncle say about stocks...They are not wealthy and I am, and It is because of my formula that it works...

I will happily teach, but if you presume to know more than teacher about how his own proven formula works, you'll be shown the door...
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: 78274705
Canada
01/04/2022 08:20 AM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
This is not a thread for economic theories or your best guess, or something you heard your uncle say about stocks...They are not wealthy and I am, and It is because of my formula that it works...

I will happily teach, but if you presume to know more than teacher about how his own proven formula works, you'll be shown the door...
 Quoting: BRIEF


You are a member of conspiracy site who claims great wealth with nothing to prove it, spouting a claim that you can achieve a long term return that few in all of history across the whole planet have ever managed to achieve, and you want my respect??

NO!
Anonymous Coward
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01/04/2022 08:24 AM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
And in addition you threaten to ban me because I dare to stand up to you? Sigh! Please, ban me. Your attitude is narcissistic, entitled nonsense!
BRIEF  (OP)

User ID: 79662918
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01/04/2022 08:26 AM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
This is not a thread for economic theories or your best guess, or something you heard your uncle say about stocks...They are not wealthy and I am, and It is because of my formula that it works...

I will happily teach, but if you presume to know more than teacher about how his own proven formula works, you'll be shown the door...
 Quoting: BRIEF


You are a member of conspiracy site who claims great wealth with nothing to prove it, spouting a claim that you can achieve a long term return that few in all of history across the whole planet have ever managed to achieve, and you want my respect??

NO!
 Quoting: Anonymous Coward 78274705


Goodbye!

I do not lie, and I'm not giving you personal information.
Banned.
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: 81009702
United States
01/04/2022 08:27 AM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
12% a year myth huh? That doesn’t take into account all the companies that were delisted.

Also at any given time, if you invest in the market you have a chance of losing 50% of your money. Has happened like 10 times in 30 years…

I buy real estate. I control the purchase price and the bank finances the investment.

I own stocks in a retirement account only for tax purposes bc I get almost 50% off that due to not paying tax on it. That’s the only time you should invest in their casino gulag
BRIEF  (OP)

User ID: 79662918
United States
01/04/2022 08:28 AM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
And in addition you threaten to ban me because I dare to stand up to you? Sigh! Please, ban me. Your attitude is narcissistic, entitled nonsense!
 Quoting: Anonymous Coward 78274705


Teacher has taught the class, and there's always one that's slow...but this is an advanced class, so I'm recommending the Dean place you in Special ED...
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: 80266204
United States
01/04/2022 08:31 AM
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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
That’s not exactly how it works.
BRIEF  (OP)

User ID: 79662918
United States
01/04/2022 08:33 AM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
12% a year myth huh? That doesn’t take into account all the companies that were delisted.

Also at any given time, if you invest in the market you have a chance of losing 50% of your money. Has happened like 10 times in 30 years…

I buy real estate. I control the purchase price and the bank finances the investment.

I own stocks in a retirement account only for tax purposes bc I get almost 50% off that due to not paying tax on it. That’s the only time you should invest in their casino gulag
 Quoting: Anonymous Coward 81009702


No.

The chance of 40 of the 80 companies in a given mutual fund failing, are astronomical odds!

100+ years, including the dip of '29 the market has always recovered and grown to an average of 12%

Our group averages 20% Like Warren Buffet's group...In fact I have read every book on Warren Buffet, but I do not own any of his stock ($450,000/ share) and I have not copied his style...No one can copy that man...

The oracle of Omaha

Last Edited by BRIEF on 01/04/2022 08:34 AM
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: 79662918
United States
01/04/2022 08:35 AM

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Re: If you have been invested in just the NASDAQ for the last three years, you have made 101%
That’s not exactly how it works.
 Quoting: Anonymous Coward 80266204


Then Pray Tell! Educate me and see if you get to remain in class...

Last Edited by BRIEF on 01/04/2022 08:35 AM
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





GLP