Only the beginning.
Only the beginning.
Brad Lee wrote:
The Fed cannot create money.
Say what? I think you better get caught up to speed on this Brad. The Fed controls the money supply. To quote the article below: ☝️"The Fed is responsible for creating or destroying several billion dollars every single day."
https://www.investopedia.com/articles/investing/081415/understanding-how-federal-reserve-creates-money.aspThe Fed runs the show with the monetary system...nothing new there:
https://www.npr.org/sections/money/2013/01/30/170654064/if-the-fed-loses-money-it-can-just-print-moreThis is where things could get interesting: ☝️
http://thehill.com/opinion/finance/351153-the-federal-reserve-is-setting-america-up-for-economic-disasterGhost of Igloi wrote:
"If I were going to own a 30-year government bond or own equities for 30 years, I think equities will considerably outperform that 30-year bond."
I think you're right!
Although, no need to wait 30 years. You could say the same thing about investments made 3 years ago.
mellon wrote:
Ghost of Igloi wrote:
"If I were going to own a 30-year government bond or own equities for 30 years, I think equities will considerably outperform that 30-year bond."
I think you're right!
Although, no need to wait 30 years. You could say the same thing about investments made 3 years ago.
Or you could say the same about investments made three years after March 2000. So the bottom line is it really doesn’t matter mellon my boy. Of course you will experience that on your own terms.
Ghost of Igloi wrote:
"If I were going to own a 30-year government bond or own equities for 30 years, I think equities will considerably outperform that 30-year bond."
I agree.
J. Hardy wrote:
Ghost of Igloi wrote:
"If I were going to own a 30-year government bond or own equities for 30 years, I think equities will considerably outperform that 30-year bond."
I agree.
Good thing you are 30 years old.
Ghost of Igloi wrote:
J. Hardy wrote:
I agree.
Good thing you are 30 years old.
I am not, but my age is irrelevant to the quote.
still bemused idiot wrote:
Ghost of Igloi wrote:Glad to help. Own less stocks. Pretty simple actually
Igy
Not sure that's necessarily especially simple. "Less stocks" to you may mean something entirely different than to me or to somebody else. The genius in the details. Not that you can / should offer specific detail as general advice. But "own less stocks" really is a fairly unhelpful suggestion.
To be clear, though, I don't think you've ever said (or intended to imply) "own no stocks" have you?
No I have never said own no stocks. My posts have argued for caution in a hyper-inflated market.
Racket wrote:
Ghost of Igloi wrote:
The name is Igy by the way.
Is the down day in the market upsetting your tummy?
Not really. I'm into options so lots of up/down is good. Made a pretty good amount on IBM taking a dive in fact. You should try it, it's pretty easy. Just bet against conventional wisdom. Tesla, IBM, and banks are great examples as of late. Just don't hold anything longer than a week
Racket,
Statistically most retail stock traders lose money. Retail traders are good market liquidity and of course great for the profits of the online trading firms.
But you are unique. You alone have found the secrets in the charts. The Ouija Board gives profitable answers, if you alone believe.
Igy
Google the statement.
Thanks for this great tip:
la gente ésta muy loca wrote:Read Benoit Mandelbrot's The ( Mis ) Behavior of Markets .
I’ve read his The Fractal Geometry of Nature several years ago. I enjoy his writing style, dumbing down the hard math so even an idiot can follow the big picture. I grabbed this book and have been reading it on the iPad. Virtually everything I learned and illustrated he has explained more plainly in the book.
Ghost of Igloi wrote:
Racket wrote:
Not really. I'm into options so lots of up/down is good. Made a pretty good amount on IBM taking a dive in fact. You should try it, it's pretty easy. Just bet against conventional wisdom. Tesla, IBM, and banks are great examples as of late. Just don't hold anything longer than a week
Racket,
Statistically most retail stock traders lose money. Retail traders are good market liquidity and of course great for the profits of the online trading firms.
But you are unique. You alone have found the secrets in the charts. The Ouija Board gives profitable answers, if you alone believe.
Igy
That is correct. Stay tuned for my next move. My current prediction is that Tesla, despite the horrible news, will somehow finish up tomorrow. I'll by some 4/20 and 4/27 calls.
Racket wrote:
Ghost of Igloi wrote:
Racket,
Statistically most retail stock traders lose money. Retail traders are good market liquidity and of course great for the profits of the online trading firms.
But you are unique. You alone have found the secrets in the charts. The Ouija Board gives profitable answers, if you alone believe.
Igy
That is correct. Stay tuned for my next move. My current prediction is that Tesla, despite the horrible news, will somehow finish up tomorrow. I'll by some 4/20 and 4/27 calls.
You better hope investors don’t read this story tonight.
https://www.zerohedge.com/news/2018-04-19/more-hilarious-facts-about-teslaGhost of Igloi wrote:
Oh, snap! wrote:
Oh, Snap!
Oh, Suckers!
http://hellosuckers.net/heres-why-most-traders-lose-money/
Another "Too Big To Fail" gets off with a slap on the wrist for "forcing customers into car insurance and charging mortgage borrowers unfair fees." A Billion dollar fine to a TRILLION outfit like this is nothing more than chump change. ? And what about the victims here? No compensation? Just blow off us peasants and let the too big to fails continue get away with corruption?
http://money.cnn.com/2018/04/19/news/companies/wells-fargo-regulators-auto-lending-fine/index.html
Greed, corruption, dishonesty...the American way in the financial world:
https://www.cheatsheet.com/money-career/wells-fargo-ripping-off-people.html/?a=viewall
Ghost of Igloi wrote:
You better hope investors don’t read this story tonight.
https://www.zerohedge.com/news/2018-04-19/more-hilarious-facts-about-tesla
No one cares about any of that. If they did, Tesla wouldn't have a higher market cap than Ford. Tesla is almost breakeven for the day despite starting down about 3%. It's the lord of meme stocks that can't be stopped by reason.
Racket wrote:
Ghost of Igloi wrote:
You better hope investors don’t read this story tonight.
https://www.zerohedge.com/news/2018-04-19/more-hilarious-facts-about-teslaNo one cares about any of that. If they did, Tesla wouldn't have a higher market cap than Ford. Tesla is almost breakeven for the day despite starting down about 3%. It's the lord of meme stocks that can't be stopped by reason.
Is that so. Please explain why the stock is down -$100 from it’s all-time high recorded September 2017?
Ghost of Igloi wrote:
Racket wrote:
No one cares about any of that. If they did, Tesla wouldn't have a higher market cap than Ford. Tesla is almost breakeven for the day despite starting down about 3%. It's the lord of meme stocks that can't be stopped by reason.
Is that so. Please explain why the stock is down -$100 from it’s all-time high recorded September 2017?
Now come on! Take it easy now that you've proclaimed to be a "cautious" stock investor. I think we can all agree with that.
