| View previous topic :: View next topic |
| Author |
Message |
1929394839292057839194958
Grandmaster Cheater Supreme
![]() Reputation: 130
Joined: 22 Dec 2006
Posts: 1509
|
 Posted: Wed Jun 01, 2016 12:42 pm Post subject: |
 |
|
| Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother.
|
|
| Back to top |
|
 |
AverageAzn247
Grandmaster Cheater
 Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
|
| Posted: Fri Jun 03, 2016 1:15 am Post subject: |
|
|
| konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
u may not get rich doing it but earning a 8-10% interest a year with little work is alot better than getting 0.001% in the bank.
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
|
|
| Back to top |
|
|
deleted19776
I post too much
![]() Reputation: 11
Joined: 29 Apr 2007
Posts: 3838
|
| Posted: Fri Jun 03, 2016 6:26 pm Post subject: |
|
|
| AverageAzn247 wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
u may not get rich doing it but earning a 8-10% interest a year with little work is alot better than getting 0.001% in the bank. |
Historical long run stock returns have been 6.8% adjusted for inflation. So your real returns is probably gonna be around 5% depending on how much you diversify.
|
|
| Back to top |
|
|
Antagonist
Cheater
 Reputation: 29
Joined: 24 Nov 2009
Posts: 48
Location: California
|
| Posted: Fri Jun 03, 2016 11:04 pm Post subject: |
|
|
Imo I don't think anybody with less than 120 IQ should play with the stock market on their own. I have met 2 people who lost thousands of dollars and divorced. Regular average joe. Many people who do not have the discipline falls into the gamblers fallacy.
_________________
  
| tough guy talix wrote: | | i've had it with your shit. fuck outta here |
|
|
| Back to top |
|
|
AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
|
|
| Back to top |
|
|
deleted19776
I post too much
![]() Reputation: 11
Joined: 29 Apr 2007
Posts: 3838
|
| Posted: Sun Jun 05, 2016 11:58 am Post subject: |
|
|
| AverageAzn247 wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
u may not get rich doing it but earning a 8-10% interest a year with little work is alot better than getting 0.001% in the bank. |
Historical long run stock returns have been 6.8% adjusted for inflation. So your real returns is probably gonna be around 5% depending on how much you diversify. |
Still higher than interest in the bank
| Antagonist wrote: | | Imo I don't think anybody with less than 120 IQ should play with the stock market on their own. I have met 2 people who lost thousands of dollars and divorced. Regular average joe. Many people who do not have the discipline falls into the gamblers fallacy. |
but s&p 500 ETFs. Its literally the benchjoe. I am up a decent amount from just large caps like amazon/google |
Dat Scottrade. You max out your 401k too? And your Roth IRA? And your HSA?
|
|
| Back to top |
|
|
AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
|
| Posted: Sun Jun 05, 2016 3:21 pm Post subject: |
|
|
| Waxxup wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
u may not get rich doing it but earning a 8-10% interest a year with little work is alot better than getting 0.001% in the bank. |
Historical long run stock returns have been 6.8% adjusted for inflation. So your real returns is probably gonna be around 5% depending on how much you diversify. |
Still higher than interest in the bank
| Antagonist wrote: | | Imo I don't think anybody with less than 120 IQ should play with the stock market on their own. I have met 2 people who lost thousands of dollars and divorced. Regular average joe. Many people who do not have the discipline falls into the gamblers fallacy. |
but s&p 500 ETFs. Its literally the benchjoe. I am up a decent amount from just large caps like amazon/google |
Dat Scottrade. You max out your 401k too? And your Roth IRA? And your HSA? |
i didnt max out my 401k just the roth. Roth is better for young ppl and personally i like to have some money I can touch before 60
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
|
|
| Back to top |
|
|
Antagonist
Cheater
Reputation: 29
Joined: 24 Nov 2009
Posts: 48
Location: California
|
| Posted: Tue Jun 07, 2016 7:51 pm Post subject: |
|
|
| AverageAzn247 wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
u may not get rich doing it but earning a 8-10% interest a year with little work is alot better than getting 0.001% in the bank. |
Historical long run stock returns have been 6.8% adjusted for inflation. So your real returns is probably gonna be around 5% depending on how much you diversify. |
Still higher than interest in the bank
| Antagonist wrote: | | Imo I don't think anybody with less than 120 IQ should play with the stock market on their own. I have met 2 people who lost thousands of dollars and divorced. Regular average joe. Many people who do not have the discipline falls into the gamblers fallacy. |
but s&p 500 ETFs. Its literally the benchjoe. I am up a decent amount from just large caps like amazon/google |
Yeh I guess. Idk about s&p 500 companies. I'm just giving like a general advice. Everyone is different. People like buffet is like yah u don't need high IQ to invest in Stock market. I think that's bs and I also think buffet is a snake with a grandpa appeal. I read sec files. I like reading them and I like making analysis. And based on reading company 10k I don't think average joe can make a I guess you can say a logical and unbiased analysis of how well a company will do in the future. People can read management inquiries without doing a deeper investigation of who the board of directors are. What their track records are. People don't think about the factors that affects their business related and unrelated. They can overlook small details like maybe a company in cali and don't realize that there's an overdue for an earthquake and when that happens what kind of mitigation company will do to accommodate that kinda risk and will fuck the company if affected etc. Doing research on good companies to invest for ONE person possible to take years. Lots of information lots of information can be overlooked etc. Imo if people invest to make money look somewhere else. If someone invest to grow money vs bank and they're serious. They gotta make 100k+ a year to be worthwhile. Most people here in CEF make minimum. Maybe a handful make 70k~ but they work w computers and don't know shit about the market. So generally I'll just say don't fk with the stock market. But check ur pm or gimme ur email pls.
_________________
| tough guy talix wrote: | | i've had it with your shit. fuck outta here |
|
|
| Back to top |
|
|
HitIer
How do I cheat?
![]() Reputation: 22
Joined: 09 Feb 2013
Posts: 0
Location: Location Location Location
|
| Posted: Tue Jun 07, 2016 7:58 pm Post subject: |
|
|
| konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
Shkreli won the genetic lottery bro
How he did it:
>> Inherits billions of dollars
>> Invests less than 10%
>> Shits on poor people
_________________
With self driving cars, CE can work in real life
| t328163 wrote: | | Your username derives from the fact that this site cannot format special characters lol. |
| t328163 wrote: |
lmfao, on reddit i'd get banned |
|
|
| Back to top |
|
|
1929394839292057839194958
Grandmaster Cheater Supreme
![]() Reputation: 130
Joined: 22 Dec 2006
Posts: 1509
|
| Posted: Wed Jun 08, 2016 12:09 pm Post subject: |
|
|
| Cryomoar wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
Shkreli won the genetic lottery bro
How he did it:
>> Inherits billions of dollars
>> Invests less than 10%
>> Shits on poor people |
he didn't inherit billions of dollars lol
|
|
| Back to top |
|
|
AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
|
| Posted: Wed Jun 08, 2016 6:24 pm Post subject: |
|
|
| konr wrote: | | Cryomoar wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
Shkreli won the genetic lottery bro
How he did it:
>> Inherits billions of dollars
>> Invests less than 10%
>> Shits on poor people |
he didn't inherit billions of dollars lol |
alot of rich people dont get rich from inheriting. They start a company and later ipo it for billions. http://www.forbes.com/sites/afontevecchia/2014/10/03/there-are-more-self-made-billionaires-in-the-forbes-400-than-ever-before/#7e78b2b0e0a5
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
|
|
| Back to top |
|
|
1929394839292057839194958
Grandmaster Cheater Supreme
![]() Reputation: 130
Joined: 22 Dec 2006
Posts: 1509
|
| Posted: Thu Jun 09, 2016 7:42 am Post subject: |
|
|
| AverageAzn247 wrote: | | konr wrote: | | Cryomoar wrote: | | konr wrote: | | Martin Shkreli did a few free stocks/investing classes I'm pretty sure. I watched one of the first ones and he basically said what Antagonist said. You either use someone else's (shit loads) of money or you don't bother. |
Shkreli won the genetic lottery bro
How he did it:
>> Inherits billions of dollars
>> Invests less than 10%
>> Shits on poor people |
he didn't inherit billions of dollars lol |
alot of rich people dont get rich from inheriting. They start a company and later ipo it for billions. http://www.forbes.com/sites/afontevecchia/2014/10/03/there-are-more-self-made-billionaires-in-the-forbes-400-than-ever-before/#7e78b2b0e0a5 |
That's what I'm saying, he just didn't inherit shit. He worked to get there.
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
