I follow mostly local companies, and I spend months following them first, check out the CFO's and CEO's, and read the 8 and 10K's, every line. It due diligence. Most people just pay 'advisors' and 'managers', which is like just handing a wad of cash to a bookie and saying 'I'm stupid, so here, make whatever bets you want with my money!.
TRUMP: 'We'll Get Greenland, 100 Percent'
- Thread starter Libhater
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I follow mostly local companies, and I spend months following them first, check out the CFO's and CEO's, and read the 8 and 10K's, every line. It due diligence. Most people just pay 'advisors' and 'managers', which is like just handing a wad of cash to a bookie and saying 'I'm stupid, so here, make whatever bets you want with my money!.
Another thing about 'the Roaring Twenties' was all the pyramid schemes and conglomerations, all of them sucking money out of the real economy to chase financial paper around. The U.S. started back on that track, rewarding rent seeking over industrial capital investments, with JFK and the technocrats, both right and left wingers, Kenneth Galbraith and Robert Bork as examples promoting monopolies and trusts, and started off with the 'certificates of deposit' scams, and the last nails in the coffin of a real economy being hammered in by the Watergate Babies and the last restrictions on banks being removed, i.e. the parts of the New Deal that actually worked and maintained some semblance of a meritocracy in the business sectors.
Those in the Peanut Gallery who are genuine about learning about the differences can read a couple of books;
Pre-1940's WW II financial capitalism versus industrial capitalism:
Post-WW II history of the demise of industrial capitalism:
Goliath: The 100-Year War Between Monopoly Power and Democracy|Paperback
“Every thinking American must read” (The Washington Book Review) this startling and “insightful” (The New York Times) look at how concentrated financial power and consumerism has transformed American politics, and business.Going back to our...
www.barnesandnoble.com
The author mislabels 'populism' and has some delusional beliefs about 'global warming', but most of the financial history is sound, if his interpretations are not.
I find it hilarious that the Party that prided itself on populism now hates it and loves them some monopolists and technocrats now, even creating the 'super delegate rule' to completely disenfranchise the working and middle classes from ever having a say in their Party's primaries ever again; truly mind boggling hypocrisy, but then their base is mostly uneducated idiots, dopers, and deviants, so I guess it's to be expected..
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moon
Satire for Sanity
While yours, you hypocritical dumbass, is Nazi Jews guilty of beheading, dismembering and executing a convoy of medics.
Begone, you shameless fuck. Your days of virtue-signalling are over.
Trump's Zionist filth decapitated and dismembered an entire convoy of medics;
While yours, you hypocritical dumbass, is Nazi Jews guilty of beheading, dismembering and executing a convoy of medics.
Begone, you shameless fuck. Your days of virtue-signalling are over.
Trump's Zionist filth decapitated and dismembered an entire convoy of medics;
OH NOES!!! NATZEES !!! And from a piece of dogshit whose heroes actually were Nazis and worked for Hitler in WW II, lol.
Red Crescent? More hilarity. They probably killed those workers themselves because they refused to hand over stuff to //Hamas to use for its own families and benefit.
Not according to moon; it got to add thousands of new pics to its wank off collection.
moon
Satire for Sanity
Haw, haw.................................haw.
Another speechless Amerikkkan coward wishes he wasn't here
Haw, haw.....................................haw.
Do you have a rebuttal @Earl ?
The 1920's had some real growth. The consolidation increased productivity. The fits and starts of the economy were brutal, but if it were all a pyramid scheme each of the severe recessions of the 20's would have become a depression.
Why should I have a rebuttal for EdwinA?
He’s obviously far more astute than you or I when it comes to investing.
I pay for investment advice so that I won’t have to deal with it…my time is devoted to my children, grandchildren and golf, fishing, and travel.
So there, Rarely Right Walter.
moon
Satire for Sanity
You won't be able to enjoy those in an orange suit and leg-irons, you genocidal freako.
The Depression for the working and middle classes started in 1927, and didn't start recovering until FDR was elected and began turning around, under FDR's reforms and following WW II, when FDR's policies really kicked in and produced all kinds of wealth and prosperity from top to bottom. Any gains were wiped out when the banks started loaning out money or margin accounts on Wall Street ofr scams like Samuel Insull's pyramid schemes and all kinds of holding companies and trusts. Money was pouring out of investments in real businesses and flooding into paper pyramids. Same thing going on today, and every other bubble since the 1960's, while at the same time off-shoring high productivity jobs to slave labor colonies.
Like I said, I'm retired and now have all day to screw with it and watch the markets all day. I couldn't do it while working either. Nobody can, which is why they need to stick with conservative plans and bets, and gold. Too late now to hedge with gold, though, lots of panic buying in that now, and I wouldn't recommend people who don't have time to watch it all to get into stocks and commodities or options trading, whether they know anything or not. Too volatile and risky at the moment. I do quite a bit of what is called 'scalping', ...
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Scalping: Definition in Trading, How This Strategy Is Used, and Example
Scalping is a trading strategy that attempts to profit from multiple small price changes.
... and I subscribe to a couple of sources as well, dropped one the other day as too expensive for what it peddled, a sad day for me as I have used them for many years, so I do take some advice, mainly putting some companies on my watch list every now and then. It's impossible to watch the whole market even when you have all day; even keeping up with one sector will keep many people busy all day. I put only a small amount of my free cash at risk any given trade.
Indeed.Like I said, I'm retired and now have all day to screw with it and watch the markets all day. I couldn't do it while working either. Nobody can, which is why they need to stick with conservative plans and bets, and gold. Too late now to hedge with gold, though, lots of panic buying in that now, and I wouldn't recommend people who don't have time to watch it all to get into stocks and commodities or options trading, whether they know anything or not. Too volatile and risky at the moment. I do quite a bit of what is called 'scalping', ...
Scalping: Definition in Trading, How This Strategy Is Used, and Example
Scalping is a trading strategy that attempts to profit from multiple small price changes.www.investopedia.com
... and I subscribe to a couple of sources as well, dropped one the other day as too expensive for what it peddled, a sad day for me as I have used them for many years, so I do take some advice, mainly putting some companies on my watch list every now and then. It's impossible to watch the whole market even when you have all day; even keeping up with one sector will keep many people busy all day. I put only a small amount of my free cash at risk any given trade.
I hedged with gold and silver decades ago.
I invest my time with my three children and six grandchildren.
When I was carpooling my children, I would hear them talking about their investments…teenagers!
Children now are pretty smart.
I don’t wish to boast but my first grade grandson is reading at the third grade level…not a public school.
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moon
Satire for Sanity
It won't be long before he realizes that you're a sycophantic capitalist asshole.
You're doing it right. I wish i had spent more time with mine. I get the great grandkids occasionally though, take them camping same as when I was in Scouts and I did with my kids and grandkids, no matter what the weather and out in real wilderness areas, no RVs, no cushy campgrounds, carry all your supplies on your back. Toughens them up and gives them confidence and they don't turn out to be pampered sniveling sissies with their faces buried in their phones all day worrying about their social media ratings, their clothes and haircuts, and other idiotic concerns.
They learn what is really important for survival as well, and don't obsess over a lot of useless paraphernalia and gimmicks and learn to have a great time without Stuff. Depending on their schedules and their parents' needs, I like to keep them out for at least two weeks in summer and during fall and winter vacations for a week or so, if not longer. Winter conditions really test them, and they've grown to like winter camping better than spring and summer by the second time around. After they get past the first few days of the first trip, they look forward to the rest; the younger they are the better they adapt and learn to enjoy being outdoors for a long time. They learn to deal with pressure and utility and enjoying themselves.
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