what is portfolio diversity lmao
-
ODT Gun Show & Swap Meet - May 4, 2024! - Click here for info
Stock market for beginners
- Thread starter YUK0N
- Start date
what is portfolio diversity lmao
Here's a few concepts that may enlighten some who are capable of thinking it through:
1. the stock market is there to take your money (currency), not make money for you. corruption and government distortion are rampant.
2. the value of the stock market does not change during a crash, the assets only change hands.
3. when the stock market crashes, only investors loose money, when the bond market crashes, government go broke and become very dangerous.
4. buy into panic, sell into greed
Most importantly, the USD is a fiat-currency with zero inherent value. No currency in history has survived longer than about 45-50 years. The US went fiat in 1971...do the math.
Denial is not just a river in Africa
1. the stock market is there to take your money (currency), not make money for you. corruption and government distortion are rampant.
2. the value of the stock market does not change during a crash, the assets only change hands.
3. when the stock market crashes, only investors loose money, when the bond market crashes, government go broke and become very dangerous.
4. buy into panic, sell into greed
Most importantly, the USD is a fiat-currency with zero inherent value. No currency in history has survived longer than about 45-50 years. The US went fiat in 1971...do the math.
Denial is not just a river in Africa
I started a game with a few buddies right at the peak of the market before everything went crazy. Worst time to buy but no one could have predicted this BS. Glad its fake money. Started with $25K
Heres how i sit premarket this morning.
SYMBOL DESCRIPTION QTY PURCHASE PRICE CURRENT PRICE TOTAL VALUE TODAY'S CHANGE TOTAL GAIN/LOSS
BP P.L.C. SPONSORED ADR 45 $29.85 $18.84 $847.80 $0.00(0.00 %) - $495.23(-36.87 %)
Sell DAL DELTA AIR LINES, INC. 75 $44.99 $35.81 $2,685.75 $0.00(0.00 %) - $688.50(-20.40 %)
Sell PG PROCTER & GAMBLE COMPANY 20 $121.30 $108.50 $2,170.00 $0.00(0.00 %) - $256.00(-10.55 %)
Sell JNJ JOHNSON & JOHNSON 20 $140.80 $127.13 $2,542.60 $0.00(0.00 %) - $273.40(-9.71 %)
Sell COW IPATH BLOOMBERG LIVESTOCK SUBINDEX TOTAL RETURN ETN 10 $39.35 $32.62 $326.20 $0.00(0.00 %) - $67.30(-17.10 %)
Sell V VISA INC. CLASS A 35 $187.39 $152.01 $5,320.35 $0.00(0.00 %) - $1,238.35(-18.88 %)
Sell WTI W&T OFFSHORE, INC. 250 $2.48 $1.09 $272.50 $0.00(0.00 %) - $347.50(-56.05 %)
Sell AAPL APPLE INC. 20 $287.67 $242.21 $4,844.20 $0.00(0.00 %) - $909.10(-15.80 %)
Sell MGK VANGUARD MEGA CAP GROWTH ETF 10 $145.96 $114.96 $1,149.60 $0.00(0.00 %) - $310.00(-21.24 %)
Sell SCHG SCHWAB U.S. LARGE-CAP GROWTH ETF 10 $92.20 $72.18 $721.80 $0.00(0.00 %) - $200.20(-21.71 %)
Sell TROW T. ROWE PRICE GROUP 10 $125.04 $97.55 $975.50 $0.00(0.00 %) - $274.90(-21.98 %)
Sell CPRX CATALYST PHARMACEUTICALS, INC. 20 $4.20 $2.61 $52.20 $0.00(0.00 %) - $31.80(-37.86 %)
Sell COKE COCA-COLA BOTTLING CO. CONSOLIDATED 10 $211.75 $201.05 $2,010.50 $0.00(0.00 %) - $107.00(-5.05 %)
Sell MSFT MICROSOFT CORPORATION 5 $166.05 $135.42 $677.10 $0.00(0.00 %) - $153.13(-18.44 %)
Sell SABR SABRE CORP. 10 $10.99 $6.44 $64.40 $0.00(0.00 %) - $45.45(-41.37 %)
Sell ORLY O'REILLY AUTOMOTIVE, INC. 5 $377.47 $299.65 $1,498.25 $0.00(0.00 %) - $389.10(-20.62 %)
Sell WMT WALMART INC. 17 $119.53 $106.76 $1,814.92 $0.00(0.00 %) - $217.09(-10.68 %)
Sell DIS WALT DISNEY COMPANY 10 $107.16 $95.01 $950.10 $0.00(0.00 %) - $121.46(-11.33 %)
Sell TSLA TESLA INC 3 $652.69 $445.07 $1,335.21 $0.00(0.00 %) - $622.87(-31.81 %)
Sell VZ VERIZON COMMUNICATIONS INC. 20 $54.14 $50.99 $1,019.80 $0.00(0.00 %) - $63.00(-5.82 %)
Sell CVX CHEVRON CORPORATION 20 $83.18 $69.70 $1,394.00 $0.00(0.00 %) - $269.60(-16.21 %)
Sell UPS UNITED PARCEL SERVICE, INC. CLASS B 15 $88.59 $87.06 $1,305.90 $0.00(0.00 %) - $22.95(-1.73 %)
Sell IHG INTERCONTINENTAL HOTELS GROUP PLC SPONSORED ADR 25 $48.70 $35.55 $888.75 $0.00(0.00 %) - $328.75(-27.00 %)
Total $34,867.43 $0.00 (0.00 %) - $7,432.67 (-17.57 %)
So it looks like you're down a little...
Wouldn't buy anything right now. I transferred my money in to more conservative investments until this **** blows over. I know people who've lost 6 digits in their 401k in the last 2 weeks alone. They say to buy the dip but I don't think we've hit bottom yet.
UGH, you literally copy/paste this in to any investment/money thread on this site. What do you do with your money? Bury it in the yard? Sitting on top of a treasure chest full of gold? I can assure you many people on this site have made money in the stock market, and increased their wealth portfolio's significantly. Yeah I know blah blah fiat currency it's all fake I don't actually have anything.
Here, check out this tidbit from the linked article.
https://www.fool.com/investing/gene...ncy-what-it-is-and-why-its-better-than-a.aspx
What gold advocates ignore
Those who advocate for a gold or similar standard often use the argument that fiat currencies aren't really "worth" anything, since there isn't anything tangible that underpins its value. That's really not a very accurate description of a fiat currency, versus a gold standard. Simply put, the value of any currency, whether a commodity or a fiat currency, is only relative to what people think it's worth.
And gold hasn't exactly been stable or reliable in recent years:
GOLD PRICE IN US DOLLARS DATA BY YCHARTS.
What does that chart tell us? In times of uncertainty, people hoard gold. You can see it in the early '80s oil crisis and recession and the most recent financial crisis, when gold prices soared, only to fall sharply once the overall economic environment improved.
This situation is largely what led Franklin D. Roosevelt to sever the convertibility of U.S. currency and debt into gold during the Great Depression. Under the gold standard (especially when currency could be converted to gold), hoarding gold had a direct impact on monetary flow, hurting commerce and exacerbating recessions. By severing the link between gold reserves and currency, the Federal Reserve is better able to combat major economic shocks to the economy.
Think gold is a great investment? Historically, it really hasn't been:
GOLD PRICE IN US DOLLARS DATA BY YCHARTS.
The U.S. stock market has been a far superior long-term investment since Nixon severed the relationship between gold and the dollar in the 1970s. And since September 2012, gold has fallen 30%, while the S&P 500 has seen total returns of more than 77%.
Stability is key
It's fair to argue that the Federal Reserve's efforts to limit the impact of economic crisis could have unforeseen long-term effects, based on the additional money that has been put in circulation, versus a gold or silver standard that limits how much money circulates. The problem gets back to times of major economic crisis: When governments need tools to stop or reduce the harm, a commodity standard has historically had the opposite effect as people hoard it.
By severing the tie between a commodity that people tend to hoard in times of crisis and the value and supply of money, a fiat currency is a better alternative, but only so long as those pulling the levers of monetary supply keep the balance between supply and demand stable.
Here's the bottom line: Currency is a tool of trade. People tend to hoard gold and silver when things are uncertain, and that's harmful when it limits currency flows on a large scale. Removing the relationship between a currency and commodity doesn't create "worthless money."
It simply keeps panic from causing greater economic harm in times of crisis when people hoard the underpinning of a commodity currency and stop the wheels of commerce. And that makes a fiat currency far better than a gold standard.
Buy McD's it's going through the roof when this thangs over haha
Six Flags and stuff like that will probably have a record year . Folks usually like to celebrate after surviving something like the FluPocolipse
