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#14 (permalink) | |
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POPOPOPGOESTHEGLOCKGLOCK
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Quote:
People did this in the 80s, and barely anyone made money in the longterm; most people lost more money when they were ordinary people (with no background in finance or banking) tried trading stocks. |
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#16 (permalink) | ||
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Marineking's Minion
Join Date: Jan 2008
Location: Home
Posts: 2,910
Reputation: 79
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Quote:
Quote:
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Last edited by ZormaX; 10-03-2011 at 08:58 PM. Reason: -=Doublepost=- |
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#17 (permalink) |
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Retired Staff
Join Date: May 2006
Posts: 9,130
Reputation: 246
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I'm not sure that right now is the best time to be investing, though
http://www.bbc.co.uk/news/world-europe-15145292 although there are probably going to be some things that are more or less unaffected by this, still, be careful.
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Last edited by shadowsworn; 10-03-2011 at 09:04 PM. |
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#18 (permalink) |
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Sonic’s Milkshake
Join Date: Jan 2011
Location: kingston
Posts: 337
Reputation: 18
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perhaps a super market, that you go to a lot, each purchase would be an investment.
and i think lubricant can never be kosher
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Last edited by immabrit; 10-03-2011 at 09:37 PM. |
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#19 (permalink) | |
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OnRPG Elite Member!
Join Date: Mar 2007
Location: Hitman Victor
Posts: 4,923
Reputation: 302
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Quote:
That makes it a time full of chances to get cheap stock. On the other hand this cheap stock is cheap because the prospects are weak. Well, we already have Wallstreet in the thread, so it's probably ok to just say it: Bulls make money, bears make money, pigs get slaughtered. It's not essentially "be careful", it's don't be a pig. "Greed is good." If you are not really aware that this applies to the money you already have over the money you might have, you are just a bad economist; And those bad economists that bet on the biggest trough and think they can **** the market, think that they will come out ahead in the lottery, are just getting slaughtered in the end. Adding to that the crisis in economics doesn't exist. If political agenda is to deregulate the market for loans until it crashes, for getting people to live in these shiny houses and give their votes, that is all completely unrelated to economics. People believe that those loans now went bust, because they where never feasible. In fact however, they where. How so? Because the respective governments made incentives that favored this loan market. Real incentives, strong enough to turn about the entire market and reel everyone in. How was there ever problems at GM? How did the sales crisis end up in killing Saab and made the German government spend tons of money on stimulus, just as the French who handed out special conditions loans to Renault? It's simple. No one likes to sleep with the government, because she is a moody mistress, but if the dowry is worth it, the line of suitors will be long. No crisis was made in the markets and that stuff you read in the papers about how bonuses and speculations are evil, well it's all horsedung. Every crisis we see today is the fault of bad government market distortion, that made money not dribble, but run down the pipes and now it's gone. Cheap loans? Well it hurts everyone. Loads of Jobs in producing cars no one wants? Well that hurts everyone too. In the end it even hurts the loaners and the workers who loose their job. Not GM made that happen and not Lehman. The government. Nor did GM lobby for their money and nor did Lehman. Those jobs and that cheap loans are things that the government wants, not the people who build the cars and not the people who give out loans. Do you think a car company wants to hire as much people as it can, just to build cars it knows no market exists for? Think again... Concerning Greece: Little spoken off, the German government paid out over 2000 billion Euro to rejoin East and West Germany. Of course as it goes with government spending that was in the result an inefficient money dump. However, I am not scared about the EU going bankrupt. All you hear: Big amounts of whining. In fact, neither Greece, nor Italy for the matter should ever have been allowed to join the Union. They only where, because all of the countries combined could not bring the union down. Why are they posting articles of shock and awe than? Well simple as that, if they allow inflation to go up, without dire desperate need, all creditors from oversees will be mad as hell. Now you can't risk that and you rather throw in a little acting. The papers are saying that Greece is bankrupt for over 2 years now. In fact it isn't. Of course it had to throw in theatricals to get more funding, but that funding was never denied. Money was never withhold. There weren't even negotiations with Greece once, for 2 years. In fact due to this crisis in Greece, which just is the result of them having a totally broken down economy for decades now, inflation in the EU already is up. What does that mean? Germany can be "world champion of exports". Well that is a funny thing, they are even very very outspokenly proud of that. Borrow money, produce, discount sell that produce godknowswhere, let inflation eat up that debt. Now who is doing this? Economists? The free market? Bonus paymants? Wall street fatcats (ironically the Wallstreet has been bought with that Yuan loaned to Germany by now)? Nah. It's the people who you voted for. Shifting the blame isn't easy, but the greed of all the pigs, who wanted that jobs and that loans and that nice little pride in those bogus exports... Wana know why investment money really stays of the market? Because no one trusts free trade anymore? No. Because no one trusts the governments. Things going down like this "occupy wallstreet"? A couple of people demonstrating for what? A policy change? To do what? Give more people jobs? How is it that a healthy and articulate young American can have trouble finding a job? How is it that business and their owners won't want to hire? Because the government already forces them to take on all those other people they have no use for, probably? Now turn to the government for more help on that and you will see loads of good businesses close their doors and bad businesses getting saved by more government loans, until there is no economy left to speak of. Last edited by Ronin; 10-03-2011 at 10:45 PM. |
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