Author Topic: Stocks  (Read 304055 times)

Offline David Smith

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Re: Stocks
« Reply #1320 on: August 25, 2015, 12:12:15 AM »
most people throw in their $ into stocks/funds and have no idea what they're doing.
Besides for the fact that many people are better off having a savings account for a bad day before trying to invest what they can't afford to lose.
Look at almost any portfolio over ten years, and you'll see a much bigger net gain than any savings or CD account. The problem is loss of liquidity. Penny stocks and the like are a different story. (Still, the fact that you know that the market will come back doesn't alleviate the feeling when you look at how much you lost in a week.)
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline Lou Bob

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Re: Stocks
« Reply #1321 on: August 25, 2015, 12:31:28 AM »
Look at almost any portfolio over ten years, and you'll see a much bigger net gain than any savings or CD account. The problem is loss of liquidity. Penny stocks and the like are a different story. (Still, the fact that you know that the market will come back doesn't alleviate the feeling when you look at how much you lost in a week.)

like you said, the problem is loss of liquidity.
And if you need the $ just when the market is down, you've got a problem.
Always use an Amex, you'll thank me one day.

Offline David Smith

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Re: Stocks
« Reply #1322 on: August 25, 2015, 12:34:04 AM »
like you said, the problem is loss of liquidity.
And if you need the $ just when the market is down, you've got a problem.
Same problem with CD's and bonds. What savings account has an interest rate that can combat inflation?
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline yuneeq

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Re: Stocks
« Reply #1323 on: August 25, 2015, 01:16:09 AM »
Why are you guys still involved in stocks?

Today is actually the first day in a while that has been great for those involved in stocks.
Live forever or die trying.

Offline ChaimMoskowitz

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Re: Stocks
« Reply #1324 on: August 25, 2015, 01:57:17 AM »
What happen when you try and catch a falling knife?
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Offline ChaimMoskowitz

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Re: Stocks
« Reply #1325 on: August 25, 2015, 02:02:23 AM »
Look at almost any portfolio over ten years, and you'll see a much bigger net gain than any savings or CD account.
What about 1998 - 2008 and 1999 to 2009?
I just found a new supply of forks!

Offline David Smith

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Re: Stocks
« Reply #1326 on: August 25, 2015, 02:04:10 AM »
What happen when you try and catch a falling knife?
Best time to pick it up is when it's in the floor.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline David Smith

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Re: Stocks
« Reply #1327 on: August 25, 2015, 02:25:54 AM »
Market (djia) vs gold over twenty years.
Gold is almost equally volatile, although it doesn't look like it. You would have made more on the market over the course of ten or twenty years.
« Last Edit: August 25, 2015, 02:33:07 AM by David Smith »
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline Yammer

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Re: Stocks
« Reply #1328 on: August 25, 2015, 05:14:48 AM »
Interesting Fact.

There was $24,100,000,000,000 in the US stock market prior to yesterday's crash.

$1.8 trillion was wiped away..

MarketWatch.com

Offline Centro

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Re: Stocks
« Reply #1329 on: August 25, 2015, 07:01:17 AM »
Looks like today will be a nice one,
Good for those who invested yesterday.

Offline ChaimMoskowitz

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Re: Stocks
« Reply #1330 on: August 25, 2015, 07:19:27 AM »
Look at almost any portfolio over ten years, and you'll see a much bigger net gain than any savings or CD account.
What about 1998 - 2008 and 1999 to 2009?
Bump
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Offline ChaimMoskowitz

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Re: Stocks
« Reply #1331 on: August 25, 2015, 07:20:03 AM »
Looks like today will be a nice one,
Good for those who invested yesterday.
Dead cat bounce?
I just found a new supply of forks!

Offline David Smith

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Re: Stocks
« Reply #1332 on: August 25, 2015, 09:14:22 AM »
What about 1998 - 2008 and 1999 to 2009?
The market recovered back to 1998-99 peak levels within a year. You're a moron if you sell as soon as the market crashes. Although the market did take six years to get back to the 2007-8 peak, and is not much higher today than it was then, after the losses of the past couple of days.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline Centro

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Offline ChaimMoskowitz

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Re: Stocks
« Reply #1334 on: August 25, 2015, 09:19:57 AM »
The market recovered back to 1998-99 peak levels within a year. You're a moron if you sell as soon as the market crashes. Although the market did take six years to get back to the 2007-8 peak, and is not much higher today than it was then, after the losses of the past couple of days.
You said take any ten years and I did. Don't make statements you can't back up. Just admit you were wrong and move on.  :)
I just found a new supply of forks!