...is this possible?
Can it be done?
I was talking to some big money managers who move millions of dollars of people's investments & I asked them that question.
And they replied, "Good Luck."
So investing is as much if a crap shoot as it is for Joe Average or the penny stock investor.
They told me they also never know when the market is gonna take a huge dip.
I gather from that brief conversation that investing in stocks is akin to picking a winner at the race track.
Comments anyone?
sigh
Seoul...please...don't....
:roll: ^^
Seoul...please...do....
Oi!!!
You're NOT helping, princess.
Quote from: "Bricktop"
Seoul has JOE on ignore..
I don't know if he has the will power to stay out of this thread.
I'M TRYING TO HELP HIM!!!
Hey [size=200]Seoul[/size]
Quote from: "cc"
[size=200]Seoul[/size]
:laugh:
Another Joe attention whore thread. ac_boring
Not what I wanted for Christmas.
Ya, I guess that pretty much covers it
But we needed it to come from an accountant
Quote from: "seoulbro"
Not what I wanted for Christmas.
Are you going to re-gift it.
:laugh:
Quote from: "Fashionista"
Quote from: "seoulbro"
Not what I wanted for Christmas.
Are you going to re-gift it.
:laugh:
Nope. Santa can have it.
It might come in handy if he runs out of coal for those on his naughty list.
The Seoul brother is old Joe's not so secret man crush.
The sixty year old virgin has the yellow fever.
The stock market is run on Casino House rules. Total insider trading gamble. No sane person would play there.
Quote from: "Fashionista"
Quote from: "Bricktop"
Seoul has JOE on ignore..
I don't know if he has the will power to stay out of this thread.
Anyways what I found interesting about my brief chat with these money market experts is that they didn't seem to know any better than the average person or housewife when the next dip or tise in the stock market will occur. So anyone's guess could be as good as theirs. In which case you can do it yourself and still come out ahead if you're clever enough.
Regarding th recent dip in the market, all the indicators were there for the past six months that it was becoming increasingly volatile. So given all the gains that were made shortly after Trump became president, that was the time to be invested, and then 6 to 12 month later get out.
Common sense would dictate that it Couldn't last forever.
But irrational exuberance took over some people thinking Trump is the messiah whivh he Wasn't
Actually the market dip may have to do less with trump than a typical cycle in the market.
Longest bull market on record was bound to come to an end sooner or later
Common sense would be that you don't gamble in casinos or stock markets.
I don't know where Dinky Dianna and JOE are invested or have invested, but it's obviously not in stable companies.
Quote from: "Fashionista"
The major indices will be higher in ten years. Solid companies with sound fundamentals will see their stocks higher in ten years. Investing is a long term strategy.
But, some people like the two in this thread bet their booze money on garbage on VSE, watch it lose most of it's value within six months which was fake anyway, pull what's left out and then blame the markets for their own stupidity and greed. It's the old adage, a fool and his money are soon parted. And rightfully so.
I notice a lot of Canadians invest in whole indexes instead of individual stocks.
Quote from: "Gaon"
Do you mean "mutual funds"?
If so, you are prolly right
Quote from: "cc"
Quote from: "Gaon"
Do you mean "mutual funds"?
If so, you are prolly right
Exchange traded funds, but mutual funds too.
Quote from: "Gaon"
Quote from: "cc"
Quote from: "Gaon"
Do you mean "mutual funds"?
If so, you are prolly right
Exchange traded funds, but mutual funds too.
We have mutual funds.
Quote from: "Fashionista"
Hard assets only.
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Hard assets only.
The companies in our conservative mutual funds have real assets.
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Hard assets only.
What kind of hard assets, dd?
Quote from: "JOE"
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Hard assets only.
What kind of hard assets, dd?
Asking stupid questions they already know the answers to is a common trait among adult virgins.
Quote from: "JOE"
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Hard assets only.
What kind of hard assets, dd?
Property, precious metals, and cash.