Posted on 04/10/2015 3:31:42 PM PDT by Red in Blue PA
More American adults drink coffee daily than have money invested in the stock market.
Less than half, or 48%, of American adults have money in stocks, according to Bankrate's Money Pulse survey. Compared to that, about 61% of adults have at least a cup of coffee daily, according to the latest National Coffee Drinking Trends.
(Excerpt) Read more at money.cnn.com ...
I’m the same I’ve always been since years before you arrived.
My problem isn’t with wealth, its with arrogance. (not that you have said anything indicating arrogance)
Best advice I ever got was go 100% high risk. That was 1993.
Let the anti-capitalist spew their crap. They have absolutely no knowledge of the market.
Then if you don’t think stocks are a good long term investment, you haven’t learned a whole lot in all those years.
Absolute truth, my friend, absolute truth.
There is simply no empirical data which shows that a well diversified portfolio of US stocks (index funds preferably) do not outperform nearly every other investment on earth.
Anyone who argues that stocks are not a good investment simply does not know what they are talking about or is letting their emotion get the best of them. (not directed at you, but the many here who equate the stock market with the lottery; it can be, but then it is what you make of it)
EXACTLY!!! The markets rigged. The Jews run the market. The bankers and the credit card companies fix the game. Blah, blah ,blah.
The talk of losers ripe to vote for the democrats, and you see a LOT of it here, which is amazing to me.
And if you had the stomach to buy at the bottom, that 60% increase becomes 200%.
I have owned stocks over the years and I made way more then I could save on my own. I almost lost what I had several years ago on a bad stock. Now I have it back to where I was several years ago. I just need to have in go up in value 10 times for me after taxes to retire. I currently own 1 stock and it is Apple. Bought at $86 and it is currently at $127
Any recommended stocks to buy that get me rich quick : )
I would like a stock like TRW which was about $2.50 in March 2009 and is now $105. I guess anyone involved in stock has a story about the one that got away.
I coulda been rich but that brass ring got past me...
I have had some technology stocks perform exceedingly well for me, but the problem is always me. Selling to early if it is rising, not selling soon enough if it is a crapper. I have found that I did the best when I simply did not make too many decisions. Warren Buffett said something similar once, something to the effect of pretend you have only 20 chances to buy and sell a stock. You would choose more wisely.
Some of us have read subversive left-wing propaganda - Like Forbes /s. (And if you don’t know what Forbes is, and has been, then you probably shouldn’t be commenting of a stock thread.)
How The Fed Is Helping To Rig The Stock Market
http://www.forbes.com/sites/investor/2013/01/30/how-the-fed-is-helping-to-rig-the-stock-market/
And recall when the market took a still not honestly explained sharp drop a few years ago, some of the investors who were burned had their positions unwound, other folks had to eat their losses.
Uh, Randall Lane is hardly a right wing truth teller.
“These are the 48% who think government will save them no matter what”
I’ve run into several people just like that over the years.
When they are young they are smart and cocky, when they are in their 70’s they are still working menial jobs just scraping by.
lol...
Before the dip: Dow 11,000
Present: 18,000
For those that stayed in we are up 60%.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Actually, the DOW hit 14,000 in Oct 2007 before it started its nosedive. It was in the 6,600 range in early March 2009. And yes, now it’s up around 18,000.
We sold nothing, continued buying like usual. We are almost double what we were at a peak in late 2007.
I’ve said it before, I’ll say it again - Investing in the stock market is investing in U.S. business. I will always bet on them to produce a profit over time.
Basically investing - decide on an asset allocation you can live with. Invest in low cost index funds. Periodically re-allocate.
This article has the same problem as another recent article that pointed out that many adults were not saving.
The pool of retirees skews the results. For a lot of retirees, 401(k)s were not available during their savings years. My 93-year old mother has CDs, bonds, social security, and a very nice annuity. That’s what you would expect for a 93-year old. Being in a nursing home, her savings are decreasing each year. That’s what happens for many retirees. That’s why they save in the first place.
They you have the other end of the spectrum - the young people. The whole pool of college students is included in these studies and most of them don’t own stocks.
Mutual funds suck. ETF’s are the way to go.
Yes, you see, the market goes up. The market goes down. Thats how it works. Is Fed pumping helping the economy in the short term? Yep. Is it inflated and will it pop eventually? Yep.
But at the end of the day, companies are making products, and making money, and in the long term will continue to do so. And long term investors will reap the rewards the market provides.
Ahh I hate to break it to you but every time the Gub'ment sells bonds etc. they are in essence printing money.
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