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Old 11-07-2016, 08:34 AM
 
11,300 posts, read 7,655,244 times
Reputation: 12153

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Quote:
Originally Posted by daylux View Post
So liberals love Wall Street now?
And Neocons don't?

Republicans love Social Security and Medicare, but their leaders don't.
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Old 11-07-2016, 08:36 AM
 
Location: Florida
62,638 posts, read 34,149,323 times
Reputation: 10396
Quote:
Originally Posted by Above Average Bear View Post
The big money on Wall st gets made by Wall streeters. They rest of us scramble for the 2,3,4% crumbs that trickle down. While we collect 0.1% on our bank savings accounts.
It's been giving a heck of a lot more than 2-4%, but it seems the choice is yours. Collect 0.1% from savings or 4% from stocks.
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Old 11-07-2016, 08:42 AM
 
15,254 posts, read 16,769,309 times
Reputation: 25416
Quote:
Originally Posted by jm1982 View Post
Stock market is manipulated by people like Goldman Sachs aka Hillary's friends
And Donald's good friend, too, apparently.

Here Is Who Donald Trump Wants for Treasury Secretary
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Old 11-07-2016, 08:44 AM
 
Location: Los Angeles (Native)
25,257 posts, read 15,257,337 times
Reputation: 12099
Quote:
Originally Posted by Above Average Bear View Post
All of my dough is in dirt. Real estate has been very good to me. Also I don't have to depend on someone I don't know, who has their own best interests at heart as apposed to mine to make me money.
Just looking at the net worths of homeowners versus renters is a big eye opener.
Most people when they hit retirement age have a lot more equity in their homes versus a stock portfolio.

People also don't realize they can invest in real estate or pretty much anything else through their 401k or IRA accounts through a self directed account.

Of course the HR departments at their workplace won't tell them because they are in bed with the Wall Street firms that tell them ... "Keep your money in the stock market"

I've heard of a lot of people that have been able to retire early off their real estate investments, but you rarely ever hear anyone say , "Yeah I just put my money in a mutual fund and I can retire early now"

Real estate offers a host of advantages that the stock market doesn't.

Those pro stock market articles never mention them when they are comparing.

Leverage is a big one, they compare stock market investments and real estate investments as if everyone buying real estate is paying the purchase price 100% in cash.

Market inefficiencies in real estate is another huge one.

People buy under market value all the time , with the stock market you can buy a stock under the current asking price.

Lot's of ignorance being spread about the stock market
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Old 11-07-2016, 08:45 AM
 
15,254 posts, read 16,769,309 times
Reputation: 25416
Quote:
Originally Posted by Finn_Jarber View Post
He is talking about slapping a 45% tax on imports, which will cause consumer prices to skyrocket. It will also start a trade war, which will cause exports to get hammered. His tax cuts will cause the national debt to skyrocket, so Trumps economic vision looks pretty grim.

Interestingly no one seems to give a rip....
They've swallowed Trump's bait hook, line, and sinker. No time to think about what it will be like gasping on the shore of Trump's economy.
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Old 11-07-2016, 08:48 AM
 
Location: Gods country
5,500 posts, read 4,311,010 times
Reputation: 7625
Quote:
Originally Posted by Finn_Jarber View Post
It's been giving a heck of a lot more than 2-4%, but it seems the choice is yours. Collect 0.1% from savings or 4% from stocks.
My investment of choice is real estate. I bought a property at $420,000 in 2004 and sold it about 17 months ago for 1.825M
The stock market right now is being buoyed up by political shenanigans . The Wall streeters and Hillary will know exactly when to get out. It won't make a difference to the ones who don't as she will bail them out again just like Obama did.
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Old 11-07-2016, 08:51 AM
 
Location: Gods country
5,500 posts, read 4,311,010 times
Reputation: 7625
Quote:
Originally Posted by jm1982 View Post
Just looking at the net worths of homeowners versus renters is a big eye opener.
Most people when they hit retirement age have a lot more equity in their homes versus a stock portfolio.

People also don't realize they can invest in real estate or pretty much anything else through their 401k or IRA accounts through a self directed account.

Of course the HR departments at their workplace won't tell them because they are in bed with the Wall Street firms that tell them ... "Keep your money in the stock market"

I've heard of a lot of people that have been able to retire early off their real estate investments, but you rarely ever hear anyone say , "Yeah I just put my money in a mutual fund and I can retire early now"

Real estate offers a host of advantages that the stock market doesn't.

Those pro stock market articles never mention them when they are comparing.

Leverage is a big one, they compare stock market investments and real estate investments as if everyone buying real estate is paying the purchase price 100% in cash.

Market inefficiencies in real estate is another huge one.

People buy under market value all the time , with the stock market you can buy a stock under the current asking price.

Lot's of ignorance being spread about the stock market
I like real estate because I'm the captain of my own ship. If I fail it's all my fault. With stocks someone else who has their own best interests at heart is at the wheel.
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Old 11-07-2016, 08:58 AM
 
Location: Los Angeles (Native)
25,257 posts, read 15,257,337 times
Reputation: 12099
Quote:
Originally Posted by Above Average Bear View Post
My investment of choice is real estate. I bought a property at $420,000 in 2004 and sold it about 17 months ago for 1.825M
The stock market right now is being buoyed up by political shenanigans . The Wall streeters and Hillary will know exactly when to get out. It won't make a difference to the ones who don't as she will bail them out again just like Obama did.
That's great!.

Its a lot easier to choose a winning real estate market versus a winning stock.
Housing rarely goes to zero , but plenty of stocks do.
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Old 11-07-2016, 09:00 AM
 
15,723 posts, read 9,605,580 times
Reputation: 6987
Quote:
Originally Posted by jm1982 View Post
The Great American Bubble Machine - Rolling Stone

Goldman Sachs CEO recently endorsed Hillary

She's the Wall Street candidate !
I'll take a candidate endorsed by Wall Street over one endorsed by Putin any day.
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Old 11-07-2016, 09:01 AM
 
Location: Los Angeles (Native)
25,257 posts, read 15,257,337 times
Reputation: 12099
Quote:
Originally Posted by Above Average Bear View Post
I like real estate because I'm the captain of my own ship. If I fail it's all my fault. With stocks someone else who has their own best interests at heart is at the wheel.
Yes I have seen how some stocks can take literally overnight , it's awful.
It's not a safer bet.

RE markets go up and down , but not as volatile at all.
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