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Stop letting facts get in the way of all these good story lines about only the wealthy benefited
If all stocks go up in value (all sectors), then no speculator became more wealthy. It is a wash, they stay the same. The stimulus is the same thing. If everyone gets money, nothing has changed for anyone. They are in same spot as usual. Only people who did not get stimulus lost money; or in this case if not speculating, then you lost when Fed props up the speculations.
If all stocks go up in value (all sectors), then no speculator became more wealthy. It is a wash, they stay the same. The stimulus is the same thing. If everyone gets money, nothing has changed for anyone. They are in same spot as usual. Only people who did not get stimulus lost money; or in this case if not speculating, then you lost when Fed props up the speculations.
You make my head spin. I got no stimulus, and my conservative stock portfolio is way up on paper.
i.e. stimulus inflate equities.
If all stocks go up in value (all sectors), then no speculator became more wealthy. It is a wash, they stay the same. The stimulus is the same thing. If everyone gets money, nothing has changed for anyone. They are in same spot as usual. Only people who did not get stimulus lost money; or in this case if not speculating, then you lost when Fed props up the speculations.
You make my head spin. I got no stimulus, and my conservative stock portfolio is way up on paper.
i.e. stimulus inflate equities.
Quote:
Originally Posted by Vic Romano
This makes no sense whatsoever.
There are people with more stock than you, some with less than you, and some with same amount. If the whole stocks market goes up from govt intervention, your bidding power stays the same compared to other stock holders.
Same with stimulus money. Everyone gets some, then no one has changed their position in life compared to prior.
There are people with more stock than you, some with less than you, and some with same amount. If the whole stocks market goes up from govt intervention, your bidding power stays the same compared to other stock holders.
Same with stimulus money. Everyone gets some, then no one has changed their position in life compared to prior.
It depends what your benchmark is .
If all of us hit new net worth highs because the markets are doing well , we’ll I am a head of where I was …
Each years budget is based on my balance . If I am up , my budget is up as a retiree .
We are not in competition with each other , we only need to elevate ourselves to new highs or have a greater spending budget then we did and we are ahead of where we were .
This would be even truer if expressed in real return .
I think your logic has little sense to it as stated above.
It is like saying in stocks for every winner there is a loser but that is false as stocks are not zero sum .
I can profit , sell it to the next person who profits , they sell it to the next who profits and there can be a hundred winners for one loser at the end if there is even a loser
Last edited by mathjak107; 05-09-2021 at 04:25 AM..
There are people with more stock than you, some with less than you, and some with same amount. If the whole stocks market goes up from govt intervention, your bidding power stays the same compared to other stock holders.
Same with stimulus money. Everyone gets some, then no one has changed their position in life compared to prior.
The process does not create dollar for dollar equalities. The process exaggerates the inflation of equities more than most things. So comparatively I make more of a 'profit' if I sell and go and buy most things.
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