If you don't have anything in the stock market, you're probably just stupid. | |
Anonymous Coward User ID: 77567784 United Kingdom 04/24/2019 12:16 PM Report Abusive Post Report Copyright Violation | Brief starting a thread about how successful he is in the stock market is the best sell signal ever. Quoting: Anonymous Coward 77571433 We’re all stupid though, according to Brief. What with all that IQ he has, I wonder why he spends all day posting on GLP? You’d think he’d be busy running his plethora of financial vehicles, clients, advising cancer research professionals, engineers, NASA, quantum physicists, heads of government, etc. |
The Årtist
User ID: 77407545 United States 04/24/2019 12:19 PM Report Abusive Post Report Copyright Violation | 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. 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. How long would it have taken you to accumulate that kind of equity in the stock market? 25 years? Real estate is awesome. Another option he has is to rent that one out and buy another one. By the time he did that 5 times he'd have $4000 a month coming in AND $500,000 in assets. And he could do that year after year. In 20 years he could have 30 properties worth 3-5 million AND $20,000 a month in rents coming in. RAGE |
Anonymous Coward User ID: 76802922 United States 04/24/2019 12:21 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 04/24/2019 12:27 PM Report Abusive Post Report Copyright Violation | Always looking for doom in the market, but there's none to be found... Quoting: BRIEF [link to www.cnbc.com (secure)] Well it'll be a long ride down. There are always other options besides gambling on your future. Work until you die? 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: 72228330 Canada 04/24/2019 12:31 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77441624 United States 04/24/2019 12:34 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 841126 Canada 04/24/2019 12:38 PM Report Abusive Post Report Copyright Violation | @ title of this thread is like: A sick person go to see a doctor only to be told he or she is stupid for not understanding and taking care of his or her body. A student person go to learn from a teacher at school only to be told he or she is stupid for not understanding and taking care of his or her mind. and so on. |
Anonymous Coward User ID: 76432271 United States 04/24/2019 12:42 PM Report Abusive Post Report Copyright Violation | @ title of this thread is like: Quoting: Xlegic A sick person go to see a doctor only to be told he or she is stupid for not understanding and taking care of his or her body. A student person go to learn from a teacher at school only to be told he or she is stupid for not understanding and taking care of his or her mind. and so on. Didn’t you know that Brief is one of GLP’s thousands of resident experts on everything under the sun? |
BRIEF
(OP) User ID: 39607259 United States 04/24/2019 12:43 PM Report Abusive Post Report Copyright Violation | @ title of this thread is like: Quoting: Xlegic A sick person go to see a doctor only to be told he or she is stupid for not understanding and taking care of his or her body. A student person go to learn from a teacher at school only to be told he or she is stupid for not understanding and taking care of his or her mind. and so on. Mollycoddling isn't one of my strengths...but it would be true. It's our responsibility to understand nutrition and exercise also... 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: 71010729 United States 04/24/2019 12:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71010729 United States 04/24/2019 12:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77588368 Canada 04/24/2019 12:54 PM Report Abusive Post Report Copyright Violation | We’re going to get the old fashioned Darwinism. The sticks and Stones kind. Say good bye to the economic kind. Economic Darwinism breeds queers. Quoting: Anonymous Coward 71010729 [link to www.godlikeproductions.com] |
Anonymous Coward User ID: 73831598 United States 04/24/2019 01:00 PM Report Abusive Post Report Copyright Violation | ***If you don't *physically-hold* REAL wealth, -in metals, -or commodities.... -You probobly will wake up one day to find those numbers on a computer screen or piece of paper that you believed made you rich, are no longer honored/valued/desired by the masses. You may come to learn you have been fooled into believing that those paper dollars had actual value, and later come to understand that they are in fact DEBT NOTES of slavery. "---If you do not hold it, you do not own it" If you do not heed this warning, you are probobly just stupid. 😉 |
Anonymous Coward User ID: 73317189 United States 04/24/2019 01:03 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 04/24/2019 01:11 PM Report Abusive Post Report Copyright Violation | ***If you don't *physically-hold* REAL wealth, -in metals, -or commodities.... Quoting: Anonymous Coward 73831598 -You probobly will wake up one day to find those numbers on a computer screen or piece of paper that you believed made you rich, are no longer honored/valued/desired by the masses. You may come to learn you have been fooled into believing that those paper dollars had actual value, and later come to understand that they are in fact DEBT NOTES of slavery. "---If you do not hold it, you do not own it" If you do not heed this warning, you are probobly just stupid. 😉 You should be a coin dealer, they make a good living on metals... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
gestru
User ID: 76735649 Uruguay 04/24/2019 01:52 PM Report Abusive Post Report Copyright Violation | Technical analysis and trading is amazing tho. Biggest MMO game in the world, millions of players from every place, also computer (bot) players. David vs Goliath, the retail trader vs the market One of the hardest activities you can do, but very very rewarding if your reach the top 5%, which take the money from the other 95%. |
Anonymous Coward User ID: 77563832 United States 04/24/2019 01:58 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 04/24/2019 02:03 PM Report Abusive Post Report Copyright Violation | Investing is kinda boring to me, also you need a good initial stack otherwise you will die before your first million. Quoting: gestru Technical analysis and trading is amazing tho. Biggest MMO game in the world, millions of players from every place, also computer (bot) players. David vs Goliath, the retail trader vs the market One of the hardest activities you can do, but very very rewarding if your reach the top 5%, which take the money from the other 95%. A man convinced against his will, is of the same opinion still. Investing is not stealing Investing is not gambling Investing is simply becoming a silent partner in a company or a few hundred... 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: 21206234 United States 04/24/2019 02:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77449933 Canada 04/24/2019 02:22 PM Report Abusive Post Report Copyright Violation | |
Lester User ID: 73170093 United States 04/24/2019 02:26 PM Report Abusive Post Report Copyright Violation | Investing is kinda boring to me, also you need a good initial stack otherwise you will die before your first million. Quoting: gestru Technical analysis and trading is amazing tho. Biggest MMO game in the world, millions of players from every place, also computer (bot) players. David vs Goliath, the retail trader vs the market One of the hardest activities you can do, but very very rewarding if your reach the top 5%, which take the money from the other 95%. A man convinced against his will, is of the same opinion still. Investing is not stealing Investing is not gambling Investing is simply becoming a silent partner in a company or a few hundred... Actually, "investing" is a term from an age now long gone bye... In an era when Monumental Fraud is the hallmark of every wall street vehicle, there is no corelation to "investing". There's no Blue Chip anythings anymore... Huge multiples required to buy stocks in the firms that (for some reason) seem to have staying power... Huge Risk in buying anykind of bond. There is no vehicle for "investing"... Ordinary Life insurance turned out to be one of the most solid vehicles you might ever have bought, with its guaranteed interest performance and dividends from participating policies or mutual companies. Northwestern Mutual Life actually bought $400 million in gold some 10-15yrs back... Willing to bet that 90% of "investments" are turned-over before they're eligible for Long Term Capital Gains tax status; unless they were inherited. Too much risk to hold anything over 6mos. Exxon/Mobil is now regarded as risky... Wasn't General Electric delisted from the DJIA? Look at all the Looting that took place from 2008... Lehman was a hit & run job, like Bear, Stearns... Merrill, Lynch taken over. All these formerly Blue Chip regarded entities were simply targeted by the Usual Gang... Merrill was literally "given" to Citi or was it BOA? An "investment" was something of longterm stability and safety. Corporate Bonds never were insured up until a short time before AIG retired Hank Greenberg and was coopted into insuring Bonds & Derivatives... The whole idea of a "bond" was you had to do your due dilligence and only Blue Chip Corps were able to issue bonds. The entire financial system is a Potemkin Village, just there for appearances. The market is a criminal enterprise which The Big Boys have manipulated to enable continuous siphoning of money and assets, not only from "investors" but also directly from the U.S. Treasury. Truly, if you Don't Understand This, you are the chump at the table... You get better odds playing 21 or roulette in Vegas. |
SaveAmerica1776 User ID: 40330069 United States 04/24/2019 07:31 PM Report Abusive Post Report Copyright Violation | Always looking for doom in the market, but there's none to be found... Quoting: BRIEF [link to www.cnbc.com (secure)] 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 I have a different strategy for that possibility...there's no reason a person can't do both...in fact one will fund the other... Well.. you should put more of your "chips" into building greenhouses that have a living space, for young people to get started on their own, growing their own fresh produce without getting Geo-Engineering chemicals sprayed on it. I'm talking basically a space-ship on Earth, air purifiers, air-locks, inside-only gardening clothing, etc. Space fucking ships. |
Anonymous Coward User ID: 76782215 United States 04/24/2019 07:49 PM Report Abusive Post Report Copyright Violation | Always looking for doom in the market, but there's none to be found... Quoting: BRIEF [link to www.cnbc.com (secure)] First off. You're completely right. Second off. It's a pretty ballsey statement just before an inevitable correction. You may have missed it, but the correction already occurred. |
1guynAz
User ID: 2229693 United States 04/24/2019 08:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 84312772 United States 05/05/2023 10:59 AM Report Abusive Post Report Copyright Violation | |