One of the Dumbest Things I Have EVER Read Online

[TheProwler]

Well that is a stupid opinion.

In a casino, the odds are against you.

In the stock market, the odds are for you.

.....both run on the same principle that there are more losers than winners.

Just like the casino that's why the stock markets remain in business.

They have to because if everybody won all of the time and made money their handlers wouldn't win.

Senile JOEJ is supposed to be a grown man who has at least a basic understanding of investing.

What an idiot!

[DKG]

Senile JOEJ is supposed to be a grown man who has at least a basic understanding of investing.

What an idiot!

That is indeed one of the dumbest things I have EVER read online. It is hard to believe an old man could be so ignorant of investing.

[formosan]

Senile JOEJ is supposed to be a grown man who has at least a basic understanding of investing.

What an idiot!

We taught our children to save and invest for their futures like my husband and I did.

[JOE]

We taught our children to save and invest for their futures like my husband and I did.

...and yet...investing is not saving, formosan/fashionista.

Shouldn't conflate the two.

I know it may be an 'innocent mistake' on your part, but it is also a misconception tho.

While there is a guarantee that your 'savings' in the bank will generate interest and be worth more in a year, this is not necessarily the case with your 'investments'.

They could be worth less in a year.

And while I'm certainly not a professional investor, I take tips from those who are. Altho nobody truly knows where the markets will be in a year, there are warning signs that this is not the time to enter the market or invest.

But that's just my take. I don't profess to be correct in my projections. But I base them on the probability of certain events unfolding and information imparted by those far more experienced, knowledgable than myself with the wisdowm THEY acquired through years of experience, trial and error.

I could jump in to invest, but I'd rather not at the moment given the conditions of the current market.

Why risk $25,000, $50,000 or $100,000 in a market with shaky fundamentals? I'd rather wait untll there is a clearer picture and the dust has settled.

[TheProwler]

...and yet...investing is not saving, formosan/fashionista.

Shouldn't conflate the two.

I know it may be an 'innocent mistake' on your part, but it is also a misconception tho.

While there is a guarantee that your 'savings' in the bank will generate interest and be worth more in a year, this is not necessarily the case with your 'investments'.

They could be worth less in a year.

And while I'm certainly not a professional investor, I take tips from those who are. Altho nobody truly knows where the markets will be in a year, there are warning signs that this is not the time to enter the market or invest.

But that's just my take. I don't profess to be correct in my projections. But I base them on the probability of certain events unfolding and information imparted by those far more experienced, knowledgable than myself with the wisdowm THEY acquired through years of experience, trial and error.

I could jump in to invest, but I'd rather not at the moment given the conditions of the current market.

Why risk $25,000, $50,000 or $100,000 in a market with shaky fundamentals? I'd rather wait untll there is a clearer picture and the dust has settled.

First of all, you are trying to ignore the fact that your understanding of the stock markets is just
fucking stupid and wrong.

Secondly, "shaky fundamentals"?!?!?  The TSX????

What are you talking about?

They are established companies with PE ratios under 10 and dividend yields over 7%.

You have been exposed, Senile JOEJ.

You do not even understand the basics.

You dumb cunt.

[Brent]

We taught our children to save and invest for their futures like my husband and I did.

Joe is a child in a seventy year old body. That is why he is flat broke.

[Thiel]

Joe is a child in a seventy year old body. That is why he is flat broke.

Jo Jo is a good lay though. He does whatever I like.

[Herman]

Prowler this is one of the dumbest things I have ever read on line, investing is not saving. Guess who wrote it.

Here is the S&P since 1928-2021. Saving without investing is not saving at all. It's throwing money away because of inflation.

[Herman]

I had a separate thread about this, but I deleted it. Why give Joe what he considers a trophy thread.

[Herman]

Jo Jo is a good lay though. He does whatever I like.

At least he is good for something.

[JOE]

....apparently judging from the comments here ya'll don't want to be told that the financial system is fragile & the condition of the economy isnt as solid as they have been led to believe.

I suppose your reactions fulfill the old saying....

[TheProwler]

Prowler this is one of the dumbest things I have ever read on line, investing is not saving. Guess who wrote it.

Here is the S&P since 1928-2021. Saving without investing is not saving at all. It's throwing money away because of inflation.

And what those charts do not show you is dividend income.

If a stock just keeps its value, but pays a good dividend, that chart would be flat, but there would have been dividend income.

Could you imagine being as stupid as Senile JOEJ, and trying to figure this stuff out?  That dumb cunt does not understand that companies make profits and those profits go to shareholders.

[TheProwler]

....apparently judging from the comments here ya'll don't want to be told that the financial system is fragile & the condition of the economy isnt as solid as they have been led to believe.

I suppose your reactions fulfill the old saying....

Shut up Joe.

People can read what you really said.

You dumb cunt.

[DKG]

And what those charts do not show you is dividend income.

If a stock just keeps its value, but pays a good dividend, that chart would be flat, but there would have been dividend income.

Could you imagine being as stupid as Senile JOEJ, and trying to figure this stuff out?  That dumb cunt does not understand that companies make profits and those profits go to shareholders.

Do you see why I don't waste my time my reading Joe posts. A kid can figure that out, but not a geriatric troll.

[Thiel]

....apparently judging from the comments here ya'll don't want to be told that the financial system is fragile & the condition of the economy isnt as solid as they have been led to believe.

I suppose your reactions fulfill the old saying....

Honey, there is no need to be jealous that they are prospering today because they bought shares in companies twenty years ago instead of wasting it on comic books.