WhiteWidow
Phoenix
Joined: Dec 05, 2011
Age: 23
Posts: 592
Location: Edmonton, Alberta
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 Posted: Mon Dec 12, 2011 11:40 pm Post subject: Investing |
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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. |
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artrat
Occupy Wrong Planet!
Joined: Nov 07, 2011
Age: 28
Posts: 1268
Location: The Butthole of the American Empire
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| Posted: Mon Dec 12, 2011 11:51 pm Post subject: |
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| I would never invest in the stock market because there is a good chance of it crashing again. |
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androbot2084
Phoenix
Joined: Mar 24, 2011
Posts: 3225
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| Posted: Mon Dec 12, 2011 11:57 pm Post subject: |
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| That's the time you buy stock, when the market crashes because you can get it cheap. |
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Burnbridge
Phoenix
Joined: Aug 25, 2011
Age: 37
Posts: 971
Location: Columbus, Ohio
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| Posted: Tue Dec 13, 2011 12:16 am Post subject: |
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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.
_________________
No dx yet ... AS=171/200,NT=13/200 ... EQ=9/SQ=128 ... AQ=39 ... MB=IntJ |
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WhiteWidow
Phoenix
Joined: Dec 05, 2011
Age: 23
Posts: 592
Location: Edmonton, Alberta
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| Posted: Tue Dec 13, 2011 12:50 am Post subject: |
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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 |
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artrat
Occupy Wrong Planet!
Joined: Nov 07, 2011
Age: 28
Posts: 1268
Location: The Butthole of the American Empire
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| Posted: Tue Dec 13, 2011 1:07 am Post subject: |
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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.
_________________
“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
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WhiteWidow
Phoenix
Joined: Dec 05, 2011
Age: 23
Posts: 592
Location: Edmonton, Alberta
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| Posted: Tue Dec 13, 2011 1:22 am Post subject: |
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| I've read about a couple of native tribes which didn't even ponder the concept of money. |
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visagrunt
Polymath
Joined: Oct 17, 2009
Age: 46
Posts: 5761
Location: Vancouver, BC
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| Posted: Tue Dec 13, 2011 1:29 pm Post subject: |
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| Burnbridge wrote: | | 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. |
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 |
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Sweetleaf
Metalhead
Joined: Jan 07, 2011
Age: 23
Posts: 14869
Location: Somewhere in Colorado
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| Posted: Tue Dec 13, 2011 1:35 pm Post subject: |
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| artrat wrote: | 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. |
I would have to agree, and have no plans of investing in such a stupid thing.
_________________
It's like alice in wonderland except, my names not alice and this is the real world not a dream. |
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MarcusTulliusCicero
Snowy Owl
Joined: Dec 13, 2011
Posts: 153
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| Posted: Tue Dec 13, 2011 1:36 pm Post subject: |
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| Sweetleaf wrote: | | artrat wrote: | 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. |
I would have to agree, and have no plans of investing in such a stupid thing. |
So what's the alternative? |
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Sweetleaf
Metalhead
Joined: Jan 07, 2011
Age: 23
Posts: 14869
Location: Somewhere in Colorado
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| Posted: Tue Dec 13, 2011 1:43 pm Post subject: |
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| MarcusTulliusCicero wrote: | | Sweetleaf wrote: | | artrat wrote: | 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. |
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.
_________________
It's like alice in wonderland except, my names not alice and this is the real world not a dream. |
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mcg
Phoenix
Joined: Jan 27, 2010
Age: 23
Posts: 538
Location: Sacramento
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| Posted: Tue Dec 13, 2011 2:12 pm Post subject: |
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| Burnbridge wrote: | | 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. |
Do you know that businesses voluntarily sell stock to raise needed capital? You are risking your own money in order to let someone else produce something from which they will profit. Profiting from this arrangement is not stealing. It is mutually beneficial. |
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MarcusTulliusCicero
Snowy Owl
Joined: Dec 13, 2011
Posts: 153
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| Posted: Tue Dec 13, 2011 2:16 pm Post subject: |
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Capitalism isn't just the stock market you know
there's a lot more to it than stock brokers in ivory towers |
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Sweetleaf
Metalhead
Joined: Jan 07, 2011
Age: 23
Posts: 14869
Location: Somewhere in Colorado
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| Posted: Tue Dec 13, 2011 2:26 pm Post subject: |
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| MarcusTulliusCicero wrote: | Capitalism isn't just the stock market you know
there's a lot more to it than stock brokers in ivory towers |
I don't think anyone suggested that captialism is just the stock market.
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It's like alice in wonderland except, my names not alice and this is the real world not a dream. |
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Jojoba
Sea Gull
Joined: Feb 08, 2011
Posts: 231
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| Posted: Tue Dec 13, 2011 2:54 pm Post subject: |
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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-danger-of-a-systemic-collapse-48351?FIELD9=3 |
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