Investing
Does anybody else invest in the stock market here?
I play virtually and I'm with COCO, West Port Innovations, The chineese yuan and BIOF.
I want to better understand options trading however. I understand so far that they're essentially bets on mathematically forumlated strike prices derived from the number of stocks in each block and multiplied and subtracted from the debit and the cost of each share.
I'd never invest in the stock market, because I feel like leeching off someone else's labor for profit is stealing, and I'm not into that so much. If you play the stock market, please spare us all and don't go around complaining about how everyone is in debt up to their eyeballs.
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No dx yet ... AS=171/200,NT=13/200 ... EQ=9/SQ=128 ... AQ=39 ... MB=IntJ
I read an article on Jim Rogers, investing whiz, said that times are going to get worse. The fed has been lying to us about interest rates. They don't know economics. All they know how to do is print money. And lots of it.
http://www.bi-me.com/main.php?id=55682&t=1&cg=4
I hope the stock market crashes for good. In the short-run it is going to suck for everybody but in the long-run it would be very positive.
Hopefully a new system could be created that is not designed around human ignorance and greed.
The whole capitalist system of government is designed around ignorance,money and greed. It sickens me.
Every time the stock market is down is a cause for celebration. These corrupt business men on wall street are inventing money.
The American middle class is dissolving. The rich get richer and the poor get poorer.
Capitalism and wall street are sick and corrupt. I cant wait untill they both crash.
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?During times of universal deceit, telling the truth becomes a revolutionary act" ~George Orwell
"I belive in God, only I spell it Nature."
~ Frank Llyod Wright
So what do you do with your money?
For my part, my employer pension plan invests in the market. The Canada Pension Plan invests in the market. The bank that holds my mortgage invests in the market. The insurance company that insures my house invests in the market. My tax free savings account and RRSP holdings are in mutual funds--which ultimately wind up in the stock (equities) and bond (debt) markets.
Even if all you do with your money is put it in a savings account, that money is going to wind up invested--most likely in the debt market rather than the equity market, because that's how the bank earns the money to pay you interest.
If you're content to leave your money under a mattress, by all means do so. But I prefer to have a comfortable retirement, in a home that I own, with a pension income that we see me through from retirement to grave. And that is only possible through investment.
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--James
Hopefully a new system could be created that is not designed around human ignorance and greed.
The whole capitalist system of government is designed around ignorance,money and greed. It sickens me.
Every time the stock market is down is a cause for celebration. These corrupt business men on wall street are inventing money.
The American middle class is dissolving. The rich get richer and the poor get poorer.
Capitalism and wall street are sick and corrupt. I cant wait untill they both crash.
I would have to agree, and have no plans of investing in such a stupid thing.
_________________
Winter is coming.
Hopefully a new system could be created that is not designed around human ignorance and greed.
The whole capitalist system of government is designed around ignorance,money and greed. It sickens me.
Every time the stock market is down is a cause for celebration. These corrupt business men on wall street are inventing money.
The American middle class is dissolving. The rich get richer and the poor get poorer.
Capitalism and wall street are sick and corrupt. I cant wait untill they both crash.
I would have to agree, and have no plans of investing in such a stupid thing.
So what's the alternative?
Hopefully a new system could be created that is not designed around human ignorance and greed.
The whole capitalist system of government is designed around ignorance,money and greed. It sickens me.
Every time the stock market is down is a cause for celebration. These corrupt business men on wall street are inventing money.
The American middle class is dissolving. The rich get richer and the poor get poorer.
Capitalism and wall street are sick and corrupt. I cant wait untill they both crash.
I would have to agree, and have no plans of investing in such a stupid thing.
So what's the alternative?
Easy I don't invest in the stock market.....not only do I not feel like going out of my way to support capitalism, but I doubt I even have the mathmatical understanding to be good at something like that.
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Winter is coming.
At one time I would do my own investing. I found it to be overly time consuming if I wanted to do well. So now have my broker do the work for me. And at the moment with the economy so poor, and with Europe in financial crisis due to their debt, I'm pretty much only invested in short term bonds, and cash. I also have some gold I'm holding onto.
Options can be an interesting trading vehicle. I did that for a short while and made a small profit. A free news letter that sometimes discusses option trades, that I enjoy is MoneyandMarkets. Their update from yesterday ~
"New Danger of a Systemic Collapse"
http://www.moneyandmarkets.com/new-dang ... 1?FIELD9=3
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