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People Are So Angry They are Actually Investing Money Knowing They Will Lose It

 
Anonymous Coward
User ID: 79973028
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01/29/2021 09:47 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
We should have just revolted completely and make cops and military take a side
 Quoting: Over watch


They have proven they just take the side their money comes from.
 Quoting: Anonymous Coward 79904361


bumpbumpbump
Burton Jack Burton

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01/29/2021 09:49 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
Trump cult.

Same peeps
 Quoting: Anonymous Coward 75913339


Come the hell on now.
LIVING THE DREAM!

check out my youtube channel
[link to www.youtube.com (secure)]
Phillip J. Fry

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01/29/2021 09:50 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I have seen several people posting on walstreetbets that are literally putting in a few hundred here, couple thousand there into GMS stock for the sole reason of screwing over the hedge fund guys and are willing to hold it all the way down to $0.
 Quoting: Endoplasmic


More fun than screwing it to a hooker.


Take That You Bastards, Now ....






5adoomfall
.

"Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!"
Anonymous Coward
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01/29/2021 09:51 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419

All GameStop really has to do is change their brick and mortar approach to a digitized distribution scheme, and theyre cherry for the next 20 years at least
 Quoting: Anonymous Coward 79995060


The guys behind online pet retailer Chewy are already on board. Already being addressed.
 Quoting: Anonymous Coward 79946419


Ive always said the best revenge is success.

I know I'm not the only one that thinks that way, too.

I was never stupid enough to invest in anything that had no intrinsic value, but this time I'll make exceptions and take my chances. The people ruling this world are running roughshod over us all while they destroy the planet with reckless abandon as if the only future that counts is their own lives, and they need to be brought down.

This is a beginning
 Quoting: Anonymous Coward 79995060


I've mostly been watching from the sidelines, but after Robinhood and others shut down trading I may join the fun. I've done well since the pandemic crash. I can throw a few thousand in, lose it and not care. It would be worth it to me.

I was looking at Nokia for a cheap 5G play and hearing they might be a target sort of forced me to take a very small position. I don't usually keep much cash in my account. Only into Nokia for a few hundred bucks (70 shares).

This is a strength in numbers thing, though. There are people with like half a share of Gamestop getting in and it all helps build that snowball.
Anonymous Coward
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01/29/2021 09:51 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
 Quoting: Anonymous Coward 79748976


Nah man the idiot investor buys shitty companies. People do more research buying a toaster than buying a company stock.

THE VERY BEST you will ever do buying ANY stock and just holding onto it long term is break even with inflation. Most likely with brokerage fees and capital gains tax you
ll end up losing your ass.

As the value in dollars of a stock goes up as more money is pumped into the stock market, the value of those dollars goes down proportionally to how much of this "easy money" was pumped into the market..

In other words,(this is not real, just an example) say you bought ATT twenty years ago and it went up 20 dollars a share, from 100 to 120

How much money did you make?

Well, the answer is you made 20 bucks a share or 20 percent net gain in USD's, but since inflation over the same period was 28 percent, you actually LOST buying power with your "20 percent gain". There ARE exceptions where stocks rise faster than inflation, but when they come around the common man is manipulated into selling those stocks off by periodic mass sell offs that scares them into thinking the stock is tanking.


SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe


Except for one thing, your numbers are made up bullshit. ADJUSTED FOR SPLITS, it went up from a high of a bit over 20 dollars in 2000 to a present value of 30 dollars.

[link to www.macrotrends.net (secure)]

Since inflation outpaced that gain by a measurable though not very big degree, and you had to pay capital gains tax every year on your gains, you got ASSRAPED if you invested in ATT
shovelbum

User ID: 76409700
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01/29/2021 09:56 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
There was a time way back when when things made financial sense.

You could earn 5% annually by saving money.

Or you could be slightly risky and earn an honest 10% in the market.

A CEO made 6 or 8 times above what his average employee earned.

Today it's different.

You lose money by saving it through inflation.

You can earn vast profits in the markets stomping peoples brains in.

A CEO makes hundreds of times more than his average employee.
Anonymous Coward
User ID: 79995060
United States
01/29/2021 09:56 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe
 Quoting: Anonymous Coward 79995060


DO you actually think anyone is stupid enough to buy that horseshit? Serious, Mr Cohen, you're not as intellectually superior as you like to think.

cruise

An over 2300 percent gain?


Come on now, you need to come up for air.
Anonymous Coward
User ID: 79946419
United States
01/29/2021 09:57 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
 Quoting: Anonymous Coward 79748976


Nah man the idiot investor buys shitty companies. People do more research buying a toaster than buying a company stock.
 Quoting: Anonymous Coward 79995060

THE VERY BEST you will ever do buying ANY stock and just holding onto it long term is break even with inflation. Most likely with brokerage fees and capital gains tax you
ll end up losing your ass.

As the value in dollars of a stock goes up as more money is pumped into the stock market, the value of those dollars goes down proportionally to how much of this "easy money" was pumped into the market..

In other words,(this is not real, just an example) say you bought ATT twenty years ago and it went up 20 dollars a share, from 100 to 120

How much money did you make?

Well, the answer is you made 20 bucks a share or 20 percent net gain in USD's, but since inflation over the same period was 28 percent, you actually LOST buying power with your "20 percent gain". There ARE exceptions where stocks rise faster than inflation, but when they come around the common man is manipulated into selling those stocks off by periodic mass sell offs that scares them into thinking the stock is tanking.


SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe


Except for one thing, your numbers are made up bullshit. ADJUSTED FOR SPLITS, it went up from a high of a bit over 20 dollars in 2000 to a present value of 30 dollars.

[link to www.macrotrends.net (secure)]

Since inflation outpaced that gain by a measurable though not very big degree, and you had to pay capital gains tax every year on your gains, you got ASSRAPED if you invested in ATT


You are ignoring the fact that you would have many more shares.
President Elect DogPoop

User ID: 79996557
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01/29/2021 09:58 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
Yes. I did exactly this. I bought 4 shares 2 days ago. Cash, none of that margin crap. 300 a share. I don't care if I get it back. Money won't be worth the paper it's printed on soon enough, anyway. If I'm going down, I'm doing what I can to take the system down with me. My vote didn't count this year, but my money will.
Anonymous Coward
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United States
01/29/2021 09:59 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GET ON THE SILVER train my friends,

ITS THE WAY

This is the way.

SILVER IS REAL MONEY

GET REAL
TerraFirma's Esoterrorist

User ID: 65946294
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01/29/2021 09:59 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


and i would bet that you're a fucking moron. i know i'd win big on that one.
 Quoting: Anonymous Coward 79937993


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419

All GameStop really has to do is change their brick and mortar approach to a digitized distribution scheme, and theyre cherry for the next 20 years at least
 Quoting: Anonymous Coward 79995060


The guys behind online pet retailer Chewy are already on board. Already being addressed.
 Quoting: Anonymous Coward 79946419

Owners cashing out to buy 2nd homes and yachts will not go well for them when the SEC comes a knocking.

But what if they sold solely to make legit acquisitions of small companies with cutting edge related (or not) tech, intellectual properties, think tank talent recruitment, etc.
This could morph into a entirely new form of crowdfunding that lifts struggling, fading small business concerns up to the moon.
Soon they would have assets and sales that begins to justify the meme made price valuations.

Investors would HODL for the long term and eventually get dividend income stream.
The key to legality of this would perhaps hinge on assuring that no small biz could lobby -bribe- the Wallstreet watcher crowdfund to get special selection.

Selection of the small biz recipient for biz building would come organically from meme traction posted by the anon investor pool.

2021 Memefunding is born.

lflash

Last Edited by TerraFirma's Esoterrorist on 01/29/2021 10:04 PM
"Keep a weather eye to the chart on high and go home another way"

–James Taylor Never Die Young
Anonymous Coward
User ID: 79995060
United States
01/29/2021 10:00 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
 Quoting: Anonymous Coward 79748976


Nah man the idiot investor buys shitty companies. People do more research buying a toaster than buying a company stock.
 Quoting: Anonymous Coward 79995060

THE VERY BEST you will ever do buying ANY stock and just holding onto it long term is break even with inflation. Most likely with brokerage fees and capital gains tax you
ll end up losing your ass.

As the value in dollars of a stock goes up as more money is pumped into the stock market, the value of those dollars goes down proportionally to how much of this "easy money" was pumped into the market..

In other words,(this is not real, just an example) say you bought ATT twenty years ago and it went up 20 dollars a share, from 100 to 120

How much money did you make?

Well, the answer is you made 20 bucks a share or 20 percent net gain in USD's, but since inflation over the same period was 28 percent, you actually LOST buying power with your "20 percent gain". There ARE exceptions where stocks rise faster than inflation, but when they come around the common man is manipulated into selling those stocks off by periodic mass sell offs that scares them into thinking the stock is tanking.
 Quoting: Anonymous Coward 79946419


SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe


Except for one thing, your numbers are made up bullshit. ADJUSTED FOR SPLITS, it went up from a high of a bit over 20 dollars in 2000 to a present value of 30 dollars.

[link to www.macrotrends.net (secure)]

Since inflation outpaced that gain by a measurable though not very big degree, and you had to pay capital gains tax every year on your gains, you got ASSRAPED if you invested in ATT


You are ignoring the fact that you would have many more shares.

I'm not ignoring anything.

You are.

And it's not by accident. Who do you think you are fooling?


I'll give you a hint, not even the dumbest RUBE is going to believe they could have invested 160 dollars twenty years ago in a company that isnt particularly been doing that well, and realize a 2300 percent gain.

It just doesnt work that way

note the words "Adjusted for splits" on the chart, smart guy
Anonymous Coward
User ID: 79995060
United States
01/29/2021 10:01 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419

All GameStop really has to do is change their brick and mortar approach to a digitized distribution scheme, and theyre cherry for the next 20 years at least
 Quoting: Anonymous Coward 79995060


The guys behind online pet retailer Chewy are already on board. Already being addressed.
 Quoting: Anonymous Coward 79946419

Owners cashing out to buy 2nd homes and yachts will not go well for them when the SEC comes a knocking.

But what if they sold solely to make legit acquisitions of small companies with cutting edge related (or not) tech, intellectual properties, think tank talent recruitment, etc.
This could morph into a entirely new form of crowdfunding that lifts struggling, fading small business concerns up to the moon.
Soon they would have assets and sales that begins to justify the meme made price valuations.

Investors would HODL for the long term and eventually get dividend income stream.
The key to legality of this would perhaps hinge on assuring that no small biz could lobby -bribe- the Wallstreet watcher crowdfund to get special selection.

Selection of the small biz recipient for biz building would come from meme traction posted by the investor pool.

2021 Memefunding is born.
 Quoting: TerraFirma's Esoterrorist

Thats the idea
Jean-Luc Stockyard

User ID: 78883456
United States
01/29/2021 10:02 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This could be the end of the billionaire parasites.

The common man now has the power to collectively ruin any one of them we chose to. Now watch them rig the game.
 Quoting: Anonymous Coward 79995060


Just as they did with currency trading: stricter and stricter retail trading rules, until the regular guy gets pushed out and only has market maker houses where trades never reach the floor.
Anonymous Coward
User ID: 79946419
United States
01/29/2021 10:03 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
 Quoting: Anonymous Coward 79748976


Nah man the idiot investor buys shitty companies. People do more research buying a toaster than buying a company stock.
 Quoting: Anonymous Coward 79995060

THE VERY BEST you will ever do buying ANY stock and just holding onto it long term is break even with inflation. Most likely with brokerage fees and capital gains tax you
ll end up losing your ass.

As the value in dollars of a stock goes up as more money is pumped into the stock market, the value of those dollars goes down proportionally to how much of this "easy money" was pumped into the market..

In other words,(this is not real, just an example) say you bought ATT twenty years ago and it went up 20 dollars a share, from 100 to 120

How much money did you make?

Well, the answer is you made 20 bucks a share or 20 percent net gain in USD's, but since inflation over the same period was 28 percent, you actually LOST buying power with your "20 percent gain". There ARE exceptions where stocks rise faster than inflation, but when they come around the common man is manipulated into selling those stocks off by periodic mass sell offs that scares them into thinking the stock is tanking.
 Quoting: Anonymous Coward 79946419


SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe
 Quoting: Anonymous Coward 79995060


Except for one thing, your numbers are made up bullshit. ADJUSTED FOR SPLITS, it went up from a high of a bit over 20 dollars in 2000 to a present value of 30 dollars.

[link to www.macrotrends.net (secure)]

Since inflation outpaced that gain by a measurable though not very big degree, and you had to pay capital gains tax every year on your gains, you got ASSRAPED if you invested in ATT


You are ignoring the fact that you would have many more shares.

I'm not ignoring anything.

You are.

And it's not by accident. Who do you think you are fooling?


I'll give you a hint, not even the dumbest RUBE is going to believe they could have invested 160 dollars twenty years ago in a company that isnt particularly been doing that well, and realize a 2300 percent gain.

It just doesnt work that way

note the words "Adjusted for splits" on the chart, smart guy


You also ignored Dividends.

A $10,000 investment in AT&T stock at its IPO in 1984 would be worth $58,000 today.
The share price of AT&T has underperformed the S&P 500 since the early 2000s.
Its dividend yield, currently 7.2%, is a compensating factor.
If dividends were reinvested, that return for $10,000 invested in 1984 would be worth more than $300,000 today.

[link to www.investopedia.com (secure)]
Anonymous Coward
User ID: 75530437
United States
01/29/2021 10:04 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I bought silver fool. Even physical and not a ETF. IM GOOD LIKE FAT PEOPLE WITH A FULL FRIDGE.
Anonymous Coward
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United States
01/29/2021 10:05 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This isn’t about making money. See the odds were always stacked against the people. Seems the collective just changed the game.
 Quoting: Anonymous Coward 79992590


Against the people? Lol the hedge funds were betting that a shit company, was going to go bankrupt and the PEOPLE bailed them out...

You just spent millions bailing out garbage... haha and now, the recent owners of GameStop, as internal transactions are up 140%, and the intuitional owners at 95%, are going to reap the rewards...

Fucking dumb liberals...

I would bet anything these people in that Reddit are liberals..
 Quoting: Anonymous Coward 77606890


They're retards, they think this gamestop crap is some organic protest. Its a big con. Hedge funds are popping champagne.
 Quoting: Anonymous Coward 78641683


So Biden intervened to protect the little people? Haha.
Anonymous Coward
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01/29/2021 10:05 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I bought silver fool. Even physical and not a ETF. IM GOOD LIKE FAT PEOPLE WITH A FULL FRIDGE.
Anonymous Coward
User ID: 79995060
United States
01/29/2021 10:06 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GET ON THE SILVER train my friends,

ITS THE WAY

This is the way.

SILVER IS REAL MONEY

GET REAL
 Quoting: Anonymous Coward 77991996


ANy commodity is.

If you want to invest in something that is BOUND to go up in value, try COPPER or LEAD. I guarantee it will not only hold it's value it will only go up..

ANd I mean in the physical buckets of scrap copper or pile of old batteries way , not paper. There was actually a point not long ago when they had to stop making copper pennies and made them of copper coated zinc, because a hundred pennies were worth 120

cruise
Anonymous Coward
User ID: 79780865
Canada
01/29/2021 10:06 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
Trump cult.

Same peeps
 Quoting: Anonymous Coward 75913339


No actually, they are in the mix though. This is the big unifying event. Love of money is the root of all evil, but money itself isn't.
Anonymous Coward
User ID: 79353169
United States
01/29/2021 10:07 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
2021 Memefunding is born.
 Quoting: TerraFirma's Esoterrorist


First sentence I was thinking this guy doesn't have a clue, then I kept reading.

mash4077-TUM55

I'm gonna laugh my ass off in a decade when GameStop and SpaceX are flying off to alpha centauri on a joint venture to seek out more tendies. The future could be glorious, the simulation is getting good.
Anonymous Coward
User ID: 79946419
United States
01/29/2021 10:09 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GET ON THE SILVER train my friends,

ITS THE WAY

This is the way.

SILVER IS REAL MONEY

GET REAL
 Quoting: Anonymous Coward 77991996


ANy commodity is.

If you want to invest in something that is BOUND to go up in value, try COPPER or LEAD. I guarantee it will not only hold it's value it will only go up..

ANd I mean in the physical buckets of scrap copper or pile of old batteries way , not paper. There was actually a point not long ago when they had to stop making copper pennies and made them of copper coated zinc, because a hundred pennies were worth 120

cruise
 Quoting: Anonymous Coward 79995060


Wanna guess how much a 1964 quarter made of 90% silver is worth?
Jean-Luc Stockyard

User ID: 78883456
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01/29/2021 10:12 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I have seen several people posting on walstreetbets that are literally putting in a few hundred here, couple thousand there into GMS stock for the sole reason of screwing over the hedge fund guys and are willing to hold it all the way down to $0.
 Quoting: Endoplasmic


I fucking love it... willing to lose money to do the right thing... pay attention pussies...
 Quoting: Anonymous Coward 76030188


You don't have to lose money; close enough of your position when the stock pumps to cover your interest, and let the rest ride.
Anonymous Coward
User ID: 79995060
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01/29/2021 10:14 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
You also ignored Dividends.

A $10,000 investment in AT&T stock at its IPO in 1984 would be worth $58,000 today.
The share price of AT&T has underperformed the S&P 500 since the early 2000s.
Its dividend yield, currently 7.2%, is a compensating factor.
If dividends were reinvested, that return for $10,000 invested in 1984 would be worth more than $300,000 today.

[link to www.investopedia.com (secure)]
 Quoting: Anonymous Coward 79946419


I didnt ignore anything. Do you even know what a dividend is?
IF YOU'RE LUCKY it will cover your capital gains tax, but it wont, because at 7 percent as per your site), it's less than half the tax you have to pay.



cruise

I read your link and it's bullshit.
There's a lot of that going around, and thats how suckers get raped.
Jean-Luc Stockyard

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01/29/2021 10:14 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GET ON THE SILVER train my friends,

ITS THE WAY

This is the way.

SILVER IS REAL MONEY

GET REAL
 Quoting: Anonymous Coward 77991996


ANy commodity is.

If you want to invest in something that is BOUND to go up in value, try COPPER or LEAD. I guarantee it will not only hold it's value it will only go up..

ANd I mean in the physical buckets of scrap copper or pile of old batteries way , not paper. There was actually a point not long ago when they had to stop making copper pennies and made them of copper coated zinc, because a hundred pennies were worth 120

cruise
 Quoting: Anonymous Coward 79995060


Wanna guess how much a 1964 quarter made of 90% silver is worth?
 Quoting: Anonymous Coward 79946419


$5.95
Anonymous Coward
User ID: 75830744
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01/29/2021 10:16 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
Trump cult.

Same peeps
 Quoting: Anonymous Coward 75913339


Actually, this is one rare issue that has true bipartisan support - at least from the people.

Hedgies will jump from ledgies!
Gamestop: Buy and HOLD!




HOLD THE LINE!
 Quoting: WalrusRider


This, don’t let the media divide Americans along political lines like they did during the first Occupy. They know the “divide and conquer” game VERY WELL!
Anonymous Coward
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01/29/2021 10:16 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GET ON THE SILVER train my friends,

ITS THE WAY

This is the way.

SILVER IS REAL MONEY

GET REAL
 Quoting: Anonymous Coward 77991996


ANy commodity is.

If you want to invest in something that is BOUND to go up in value, try COPPER or LEAD. I guarantee it will not only hold it's value it will only go up..

ANd I mean in the physical buckets of scrap copper or pile of old batteries way , not paper. There was actually a point not long ago when they had to stop making copper pennies and made them of copper coated zinc, because a hundred pennies were worth 120

cruise
 Quoting: Anonymous Coward 79995060


Wanna guess how much a 1964 quarter made of 90% silver is worth?
 Quoting: Anonymous Coward 79946419

I dont know the price of silver right now, but I know it was over ten bucks not long ago. Some coins are worth more than their value in metal too.
Anonymous Coward
User ID: 74820544
United States
01/29/2021 10:17 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
We should do this constantly to sink the hedge funds. These people are destructive parasite predators who have no place in a healthy economy - betting on destruction.

Just like a lot of people made those bets right before 9/11. People got rich off of 9/11.

FUCK these people
Endoplasmic  (OP)

User ID: 69265240
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01/29/2021 10:18 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
LMAO I posted this thread, walked away to hardwire a dash cam in my van, come back and it's pinned with 8 pages
Anonymous Coward
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01/29/2021 10:19 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GET ON THE SILVER train my friends,

ITS THE WAY

This is the way.

SILVER IS REAL MONEY

GET REAL
 Quoting: Anonymous Coward 77991996


ANy commodity is.

If you want to invest in something that is BOUND to go up in value, try COPPER or LEAD. I guarantee it will not only hold it's value it will only go up..

ANd I mean in the physical buckets of scrap copper or pile of old batteries way , not paper. There was actually a point not long ago when they had to stop making copper pennies and made them of copper coated zinc, because a hundred pennies were worth 120

cruise
 Quoting: Anonymous Coward 79995060


Those TLC shows about preppers did a lot to undermine a really viable strategy -- buying a lifetime supply of a wide variety of durable goods and having stocks of less durable goods that you rotate in is a great way to diversify, to a point. It also gives flexibility to avoid purchases when prices are high...why pay a dollar for a can of beans today when they'll be half that in a few months and I've got enough to last a few years? Why pay a dollar a round for 9mm when my old stock still fires 100% of the time and should last through the next generation of my family if stored properly. Instead of busting ass for the man in a bad economy, you might want to sell some of those durable goods at a huge margin, or just live off them. You've got to get creative when stashing cash stops working.





GLP