Investing

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I think when people say they have an issue with capitalism, they're really saying they have an issue with Crony Capitalism. Because we market our current economy as a capitalist, free market economy. Which was also marketed to us as the all giving market, a trickle down effect was supposed to occur throughout the years and feed the economy. It's back door deals and bad information that really irk me. You predict something one moment based on statistics and news. And then the next minute your down. They tell investors not to listen to the news reports because a lot of it is skewed information. You have to pick little bits and pieces out of a story like for example: Apple. Apple is coming out with an i cloud soon and people are putting up calls for it in august when it's released because thats when their stock is supposedly supposed to shoot up. However, other investors could see that story and see all the criticism that it's receiving from reuters or business week and they'll sell. Then they'll regret it later because they made the wrong predictions.

I would never invest in the stock market because there is a good chance of it crashing again.

I am referring to whatever the hell kind of capitalism we have at the moment......I don't like the idea of pure capitalism either.

While I regard the stock market as a white-collar casino, I've been thinking of getting in it by buying a short on gold. I know this irrational hyper-inflationist Austrian panic has resulted in a colossally overvalued gold bubble, which has got to burst sooner or later. The problem with bubbles, however, is that one never knows exactly when they'll burst, so if I get in too early I could be eviscerated.

if anything i would be buying gold, and pt. pt if you think the industrial outlook looks good, i've been putting it off and don't hold any at the moment. take a look at the ten year chart on gold. we're nowhere near bubble territory, but perhaps another 2008 type fall, but the mechanics this time aren't the same.

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.

That is not true investment. Buying gold will not add one nail or bolt to the productive economy.

Very little of the GDP comprises of output from the "productive economy", if such a thing even exists. The army, for e.g., doesn't "add a single nail or bolt to the productive economy" either, in fact it's a major drain on resources. It's only around to make sure that those who add nails and bolts can do so in peace.

Protection is something required by the lamentable fact that there are Evil People out there who mean to harm us.

Buying gold is a form of gambling. You are betting that the cash price will either remain steady or go up faster than inflation.

What's getting a job, getting married, having kids? It's wagering quite a large chunk of your future happiness that through getting a job/spouse/children, your life will be better than it currently is (imagine the downside risk of that bet. not funny).

It's not gambling that's bad, it's gambling addiction.

He that hath wife and children hath given hostages to fortune, for they are impediments to great enterprises, either of virtue or mischief. Certainly the best works and of greatest merit for the public have proceeded from the unmarried or childless men, which both in affection and means have married and endowed the public.

I am referring to whatever the hell kind of capitalism we have at the moment......I don't like the idea of pure capitalism either.

What is that you have against Capitalism? It's profit and greed that we built our current economic model around. Capitalism is essentially what you do every day, you just don't make back door deals or maybe you do I'm not sure

i'd rather not get into an argument about pure capitalism, but i can assure you what we don't have is capitalism. crony or not, it hasn't been seen for around 70 years.

"I guess I don't see what is so fun about having to constantly compete for resources when we have the technology and resources to improve everyones lives"

its not fun, but neither is working an entire lifetime just to put food on the table.