Some Investment Advice

Discussion in 'Stock Market' started by Joe Bruno, Oct 28, 2019.

  1. Joe Bruno
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    Joe Bruno Active Member

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    I have a very good stockbroker. He made my retirement comfortable.

    The long term return on stocks is about 12%.
    The smart way to invest is in mutual funds, in which the expert traders do all the trading for you.
    They have the resources to do research, the expertise to trade, and the time to watch the stocks
    24/7.
     
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  2. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Or low cost ETFs.
     
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  3. BuckToothMoron
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    BuckToothMoron Gold Member

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    Exactly! Why would anybody pay the fees on Muni’s when you can achieve the same thing without the fees through ETF’s. All you pay is commission, and if you have your account with Schwab you pay no commission on most ETFs.
     
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  4. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    Buy EBT cards. You can make 50% profit because liquor stores don't accept them.

    Conservatives will figure that out. Liberals? No chance.
     
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  5. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/ TD Ameritrade and others no longer charge any commissions on trades.
     
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  6. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/ How do you make 50% on EBT cards?
     
  7. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    Easily.

    Next question?
     
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  8. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/ I thought you were serious. Oh well.
     
  9. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    OK, I guess that was too subtle for a progressive "mind" to grasp.

    Buy EBT card from drunken layabout at 50-cents on the dollar. The card itself if of no value to the drunk since it can't be used to buy more booze so he/she/it (which ARE you?) it's a willing sale.

    Use the EBT card to purchase legitimate stuff at full presto and save your earned cash.

    Illegal? Yes.
    Immoral? Yes.
    But, hey, we're all liberals here so none of that shit matters!
     
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  10. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /----/ Back in the early 1980s I had a friend who ran a small trucking company. He had an employee who offered anyone around if they wanted to buy his extra food stamps for 50 cents on the dollar. Apparently he scammed the system and got multiple books each month and had al the food he and his family could possibly eat. He made sure of that, and the rest was just found money. I thought you had found something new like selling call options on a new ETF - called EBT at 50% off.
     

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