Stock Market discussion

[SOMEPARTS]

Quote: "Index fund investing is a long-term strategy".

But they retired in their 30s or 40s?

Yes, the market is way up now but it will tank soon and they won't be millionaires anymore and it will be back to work.

Like I said earlier, a lot of geniuses in an only up market. Also, they are guilty of white cultural appropriation. 

[loco]

Quote: "Index fund investing is a long-term strategy".

But they retired in their 30s or 40s?

Yes, the market is way up now but it will tank soon and they won't be millionaires anymore and it will be back to work.

Agreed, especially if their portfolio is 100% stocks, don't keep expenses low and don't have a good sequence of return risk strategy.

They should have kept working a little longer and built a higher net worth, and then FAT FIRE.

[FitnessFrenzy]

Quote: "Index fund investing is a long-term strategy".

But they retired in their 30s or 40s?

Yes, the market is way up now but it will tank soon and they won't be millionaires anymore and it will be back to work.

they also made 300 k from real estate.

[FitnessFrenzy]

[FitnessFrenzy]

[gib]

If our taxes were doubled it couldn't put a dent in the current spending and proposed spending. Wild inflation has already begun. Anyone that buys food and is paying attention at the super market has seen this. I just bought some construction material to complete a project and the price is up 30% from a year ago.

Waiting for the stock market to crash with a wild sell off. I just wonder when that's happening. It won't be a correction. It will be a sell off as people want to keep their gains. These radical Democrats sure know how to wreck an economy. As long as they get their slice they will run the country into the ground. This insane trillions of money hand outs has to end.  Now they have a new 2 trillion proposed projects in a hand out for kick backs scheme.

All of which is why you need some exposure to Bitcoin.

[SOMEPARTS]

For the Getbig Buffett/Munger/Bogle disciples....comments from Munger from the 2021 Berkshire Shareholder meeting....does this sound like buy and hold forever is a good strategy?



“Bernie Sanders has basically won," the 97-year old said. "He did it by accident, but he won."

Munger then followed up with a sad truth which the largest US generation will hate to hear: "the millennial generation is going to have a hell of a time getting rich compared to our generation" the billionaire said, referring to its engagement with the stock market, where for now at least, millennials appear to be winning but Munger is confident that it will all end in tears.

Munger then slammed the retail investing euphoria and froth seen across multiple assets, saying we have a lot to be ashamed of for current conditions. “It’s not just stupid, it’s shameful,” he says describing what’s going on.

[FitnessFrenzy]

[El Diablo Blanco]

For the Getbig Buffett/Munger/Bogle disciples....comments from Munger from the 2021 Berkshire Shareholder meeting....does this sound like buy and hold forever is a good strategy?



“Bernie Sanders has basically won," the 97-year old said. "He did it by accident, but he won."

Munger then followed up with a sad truth which the largest US generation will hate to hear: "the millennial generation is going to have a hell of a time getting rich compared to our generation" the billionaire said, referring to its engagement with the stock market, where for now at least, millennials appear to be winning but Munger is confident that it will all end in tears.

Munger then slammed the retail investing euphoria and froth seen across multiple assets, saying we have a lot to be ashamed of for current conditions. “It’s not just stupid, it’s shameful,” he says describing what’s going on.

Bunch of old farts upset at seeing so many young people becoming millionaires from playing the market?  These fuckers for decades have manipulated the market in their favor and now they're crying. Fuck them all.

[IroNat]

Bunch of old farts upset at seeing so many young people becoming millionaires from playing the market?  These fuckers for decades have manipulated the market in their favor and now they're crying. Fuck them all.

Right, all these young people buying tulips are on to something big.

This time it's different.  The old rules don't apply.

[Les Grossman]

Twitter stock sell off and manipulation ongoing.

Money to be made.

Good luck to all.

[Flexacon]

Right, all these young people buying tulips are on to something big.

This time it's different.  The old rules don't apply.

Well wallstreetbets where a lot of those young people reside effectively got high jacked. Dozens of new mods, threads and poster getting banned for mentioning certain topics. The suspicion is that it's an inside job (hedge funds)

Also have you seen what gamestop data looks like. Seriously, look at it! I think those tulip bulb buying youngns have won this round and have themselves a nice bunch of flowers.

Could end up doing a hell of a lot of collateral damage if this isn't over.

[honest]

Playing the markets is a lot like unprotected sex, you just have to know when to pull out.

[AbrahamG]

Playing the markets is a lot like unprotected sex, you just have to know when to pull out.

Yes, but sometimes it's prudent to go raw. no condom. no pullout.  This is getbig after all.

[gib]

When you shoot your load, make it count.

Stick that penis in the wrong location or into the wrong person, and the result can be nasty...

[Flexacon]

Also have you seen what gamestop data looks like. Seriously, look at it!

I guess no one else sees it, but to me it looks like a pennant that's ready breakout.  Bull or a bear? If it's bullish we could end up seeing a once in a lifetime gamma squeeze. I'm putting some FOMO money down!

[FitnessFrenzy]

look into the earnings of gamestop etc, and its PE ratio, before you invest in it.

[SOMEPARTS]

look into the earnings of gamestop etc, and its PE ratio, before you invest in it.

Nobody believes in that sort of thing anymore, haha. TSLA...cough, hack...

[FitnessFrenzy]

Nobody believes in that sort of thing anymore, haha. TSLA...cough, hack...

Tesla is down 27% from its peak.

[El Diablo Blanco]

Tesla is down 27% from its peak.

Tesla benefitted big time from selling credits to other car companies so they can meet their "green energy" goals.  Now those same companies that paid billions to Tesla all now have electric cars in their lineup so they won't need to buy those credits anymore.  Tesla can't hide behind this free cash like it did all of last year now that it's gone. Selling 100K cars is not going to cut it either.

[Flexacon]

look into the earnings of gamestop etc, and its PE ratio, before you invest in it.

I'm not investing. I'm having a small bet on market dynamics playing out.

[FitnessFrenzy]

[gib]

Rotation for growth into value well underway. Buy value stocks with solid fundamentals. Easy money ahead to be made.

[FitnessFrenzy]

[Flexacon]

Bitcoin hit the shitter this weekend, Taiwan just hit the shitter this morning. Hearing hedge funds and banks in the US have had staff working through the weekend and overnight. Could be a rough week!