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Ya , cause the stock market is a great thing. Invest in the same thing that is responsible for recessions and bubbles and shipping jobs overseas. Lots of integrity there.
Yep, plenty of integrity there. Anything you invest in will have issues, including bonds in our corrupt government. If you are really into integrity, then you really shouldn't be on the money system at all. If that's too much of a sacrifice for you and you're going to use money, then you might as well make the most of it. And the more investment income you have, the less dependent you are on a job.
PLEASE don't try this at home. It's what hedge fund managers do all day, they're good at it, and by the time you've figured out which stocks are going down, they've driven the prices of the put options up (and/or the stock down) to the point where you're more likely to lose than win.
Mostly, Wall Street is now one hedge fund manager's computer trying to get a millisecond edge on some other hedge fund manager's computer. This is no place for ordinary people to play.
Quote:
Originally Posted by Larry Siegel
Buy and hold index funds for the long term. If you can't stand to do that, buy and hold an actively managed fund for the long term.
I'll take Option-A, thanks. Diversity with very low fees. Assuming that people are investing for long-term goals, this is the wisest way to go.
Last edited by Major Barbara; 06-01-2015 at 06:48 AM..
Greed on both sides is never a good thing. Obviously more regulating is in order. This is where the fed has a purpose but drops the ball every time and the joke is on the middle class.
The Fed should very likely have moved on growing abuse in subprime credit markets in 2003-2004. They were encouraged to at least rattle some sabers. But the man Republicans thought was God believed that markets were wise enough to regulate themselves. He was just shocked, shocked I say, when he came much too late to learn how completely wrong he'd been about that.
Anything you invest in will have issues, including bonds in our corrupt government.
Or bonds in our even more corrupt corporate entities. Too bad there isn't a FOIA to cover the private sector. LOL!
Quote:
Originally Posted by mysticaltyger
If you are really into integrity, then you really shouldn't be on the money system at all. If that's too much of a sacrifice for you and you're going to use money, then you might as well make the most of it.
Yup. Many people do a lot of gerrymandering when it comes to morality.
Quote:
Originally Posted by mysticaltyger
And the more investment income you have, the less dependent you are on a job.
Well, being dependent on a job is typically only a problem if you dislike your job. Just another reason to do what you love in life.
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