The stock market

[Toddsterpatriot]

And, lol, what the pity really is, as Ive said before, is that the super rich?...if your not super rich?...you are their wrath's object as well. But you dont see it your so drunk.

your not super rich?...you are their wrath's object as well.

I'm the subject of super rich wrath?
Well, gosh, that's enough to make me cry.........

 

[Toddsterpatriot]

How bout this: when the day comes and the banks dont open...will you be able to get your money? Are you that important to anyone?

The day your McDonalds doesn't open, where are you going to make the fries?

 

[Windship]

You are a commodity too.

 

[Windship]

I dont eat at mcdonalds.

 

[Windship]

Lol...you are a commodity too you dope. Ha, ha, ha and you dont have the conscientiousness to see.

 

[Toddsterpatriot]

I dont eat at mcdonalds.

Even with your employee discount?

 

[Andylusion]

You don't have to. Move to Venezuela. No rich people going to mess with you there. Of course, no jobs, no food, no electricity, but hey, no one is screwing you over.

By all means, if you hate our system so much, go live under another system, and tell us how much better it is.

That's a Rush Limbaugh answer.
Hyperbole is a poor smokescreen with which to conceal chicanery.
People made lots of money before Reagan.

Yeah, and I know I'm right, and you can't deny it. That's why all you can do is "Well that is a Rush Limbaugh answer".

Hyperbole is a smoke screen, and so is deflection.

The only difference is, I'm confronting the claim head on, and I do mean it. Go to Venezuela. There are no rich people there anymore (unless in government), and all the major corporations have left. By the claims here, that should mean Venezuela is a Utopia.

There is no country, around this world, and throughout history, which has been hostile to the rich, the wealth, the job makers, and wealth producers, that has had a positive and prosperous result, by driving out the wealthy.

If you think the rich are screwing over the lower and middle class.... then show me an example of any country where they drove out the rich, and had a good result. Where is it? Where is the workers paradise?

Yes, people made tons of money before Reagan, and there were tons and tons of wealthy people before Reagan.

And quiet frankly, there is absolutely no evidence from anywhere, that show people are worse off today, than before Reagan. Haven't met a person yet who lived through the 1970s, that suggest we should go back there. Nor have I met anyone that suggested the 1980s were worse.... unless they didn't live through it. Pretty easy to claim the 80s were bad, when you grew up in the 1990s.

Who us hostile towards rich people.
Most of my friends are quite wealthy.
I'm talking about sheer greed and excess and the legalized gambling casino called the Stock Market.

There is nothing about the stock market that is 'gambling'. It's not comparable in any way.

Stop being ridiculous. Gambling by it's nature, is a net loser. Your odds of coming out ahead are always far negative. If it wasn't, then no one would ever open a casino.

Your chances of losing playing the lottery, are 258,890,850 to 258,890,851.

If you think buying stocks, has the same inherently negative chances, then you are crazy.

View attachment 89296

Does that look like a consistent losing streak to you?

If you buy stocks, and just hold them.... and just keep them.... over the past 100 years, the value of that stock would have increased 1,000 fold. And that's buying the stock, before the Great Depression.

Heck I wish I had been smart enough to invest when I was in high school, working at McDonalds. When I was working there, I could have purchased McDonald's stock at $20 a share. Today, it's up near $130 a share. I could have $100,000 in stock by now. Unfortunately I as stupid left-tard in High school, and still believed "the big evil companies hold us down"... so now I'm just getting my investments up. Left-tardian thought, keeps people poor. I cite my own experiences as proof.

And by the way, this graph, is just the increase in the value of the stock you buy.

Even if that graph was completely flat, and McDonald's stock had remained at $20 a share for the last 30 years.....

It doesn't include dividends. You own part of the company, whose stock you buy. As a part owner, you are entitled to a sliver of the profits. McDonald's has paid out 50¢ to a dollar per share, since the 2000s. You own a couple hundred shares, that's hundreds of dollars in growth every year.

So even if the value of the individual shares never changed, you would still grow your investment over time.

How is this..... ANYTHING LIKE.... gambling? Name one single way, this is like gambling?

There are many ups and downs. The curve is anything but strait. What a crock of shit. Not gambling, lmao. If a poker never loses, he is not gambling?? No foreseen future. Jeeze! According to you, no one ever lost money in the stock market.

Are you saying that anything in life you have a chance of losing money, is therefore gambling? You can lose money on anything. Are you saying everything anyone does in this world is "gambling"?

You could lose money going to work. Chances are low, but it could happen that you get sick, and have to go home, and spend more money on gas driving to and from work, than you earned at work. Obviously getting up and going to work, is a gamble! After all, don't act like no one ever lost money going to work.

I've actually had that happen. Hour long commute... and puked my guts out at work, came right back home. Earned about $5 for the 30 minutes I was there, and likely spent more in gas going there and back. And if you have a car accident, the cost will likely be more than you made going work. That was a bad 'gamble'. Should have stayed home.

That's not gambling. Nor is the stock market. Can you lose money in the stock market? Of course. But the vast majority of those who lose money, do so by their own actions. Not the action of the stock market.

The typical American method of losing money in the stock market, is real simple. They see the market going up, and start buying.... so they buy high. Then they see the market going down, and they sell... so they sell low. Buy high, and sell low. That's how people lose money... by making stupid choices.

 

[Andylusion]

A stock market, is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares); these may include securities listed on a stock exchange as well as those only traded privately.

Stock market participation refers to the number of agents who buy and sell equity backed securities either directly or indirectly in a financial exchange. Participants are generally subdivided into three distinct sectors; households, institutions, and foreign traders. Direct participation occurs when any of the above entities buys or sells securities on its own behalf on an exchange. Indirect participation occurs when an institutional investor exchanges a stock on behalf of an individual or household. Indirect investment occurs in the form of pooled investment accounts, retirement accounts, and other managed financial accounts.

Another crock of shit written by a do nothing wall street financier with no allegiance to anyone, any country or anything but money..

First off.... I think you wouldn't pass the hypocritical test.

Let's say that we had a "wall street financier" who had complete allegiance to the country, the public, and money wasn't important. Would you hire him to do your investing, if he lost money year over year? Or let's even say 2% return, when everyone else gets 6% to 10%. Would you still invest with such a person, when even an index fund (which has no allegiance to anyone, any country or anything but money), would completely out perform with consistently better results?

And the answer is... no. You would not. So in effect, you condemn yourself.

Second, the majority of "wall street financier" are the public. As I have shown before, the vast majority of stocks are held by the American public. Every time you whine about "wall street financier", you are equally saying "those old retirees and employees with 401ks, have 'no allegiance to anyone, any country or anything but money'.

That is in fact what you are saying. We are the financiers. We're the ones that buy the stock.

 

[Andylusion]

Here is what you greedy cock sucker have done. My friend got his job 35 years ago in retail. RETAIL! Lol. He now has 60,000usd in the bank, has completely paid off his house, drives a nice, late model car and, well, so far, has a retirement. It was and still is a union shop. Do that now. The middle just had too much wealth for you greedy bastards didnt they?

I'm below he 'middle'. Like I said, I earn $23,000 a year. If I'm lucky.

So what are you talking about?

Besides that... you can still be a millionaire in today's world. Just as easy.

Here's how a janitor amassed an $8M fortune

This guy, Ronald Reed, was a janitor. He died with over $8 Million.

What did he do? I owned stock. GE, GM, AT&T, and a dozen other stocks.

So if he can work as a Janitor.... and end up with $8 Million. Why do you think no one can do that today?

Do you want me to list off the endless names of immigrants that come here with ZERO, and end up millionaires? How do you explain Phil Robertson? Drunk guy whittling duck callers, now a multi-millionaire? How does that happen in a world you claim you can't have a middle class?

See, we are arguing the facts. You are arguing myths and claims, and hearsay.

 

[Andylusion]

And, lol, what the pity really is, as Ive said before, is that the super rich?...if your not super rich?...you are their wrath's object as well. But you dont see it your so drunk.

And yet my parents worked as school teachers. Today they have a million dollars net worth, and a house on lake Erie.

I guess they missed the "wrath's object" memo.

 

[sfchetzel]

A bunch of do nothing, screw the country, greedy ass mf'rs. Go to hell.How much is enough? Fu. You need to be watched and regulated just like a bunch of children so you dont fk the country up...oooops...to late. Class war comin....

Well I see trying to have a substantive conversation with this one is next to impossible.Try calming down and posting using logic instead of emotion!

 

[sfchetzel]

Whats comin? When unfettered capitalism has devoured everything and pushed people to their limit?...what do YOU think will happen?

Then, maybe, you should move to Ethiopia. I do not think they embrace capitalism there. You should feel much better then!