Author Topic: New To Investing Thread  (Read 330885 times)

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Offline DaBigTrain

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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline KITNfury

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Re: New To Investing Thread
« Reply #2451 on: March 17, 2020, 10:25:52 AM »
Inflation doesn't hurt me much, but the Fed (from the podcasts I listen to) have been printing money at record pace for months. My investments are very inflation resistant, but have thought about buying gold to hedge in the past. I never did, so we'll see how that shakes out. But paper money right now? No thanks.
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Online steve dave

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Re: New To Investing Thread
« Reply #2452 on: March 17, 2020, 10:29:59 AM »
equities at this discount seem like a better inflation hedge than gold. if inflation is your big concern.

Offline KITNfury

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Re: New To Investing Thread
« Reply #2453 on: March 17, 2020, 11:00:33 AM »
equities at this discount seem like a better inflation hedge than gold. if inflation is your big concern.
That may be. Outside of real estate, I'm really dumb about investing. I try to self educate a little on other investments, but usually I get disinterested before I get very far.
I once blew clove smoke in a guy's face that cut in front of me in the line to KJ's.

Online steve dave

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Re: New To Investing Thread
« Reply #2454 on: March 17, 2020, 11:18:21 AM »
the thing about equities is that:

inflation - good
market booms - good
market eats crap - bad

market already ate crap. may eat some more because it loves crap more than anything in the world right now but, maybe it's full of crap for the moment?

Online steve dave

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Re: New To Investing Thread
« Reply #2455 on: March 17, 2020, 11:22:07 AM »
gold:

market boom - bad
inflation - better than cash
market eats crap - maybe good
big disruption in the markets and panic - good
mad max societal collapse scenario - bad again, invest in bullets and guzzolene

Offline KITNfury

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Re: New To Investing Thread
« Reply #2456 on: March 17, 2020, 11:22:35 AM »
The rumor I've heard is that predicting the market is difficult
I once blew clove smoke in a guy's face that cut in front of me in the line to KJ's.

Online steve dave

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Re: New To Investing Thread
« Reply #2457 on: March 17, 2020, 11:23:25 AM »
The rumor I've heard is that predicting the market is difficult

that rumor is going around, yes

Offline Kat Kid

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Re: New To Investing Thread
« Reply #2458 on: March 17, 2020, 11:43:56 AM »
I hate to release premium content, but you piggies should know that there is plenty more market crap for you to play in. if you want to feed your little piggie faces at the trough, wait because it isn't here yet.

Online steve dave

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Re: New To Investing Thread
« Reply #2459 on: March 17, 2020, 12:04:08 PM »
 :lol:

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #2460 on: March 18, 2020, 01:24:07 PM »
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline puniraptor

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Re: New To Investing Thread
« Reply #2461 on: March 18, 2020, 10:53:29 PM »
can someone tell me exactly when the markets have bottomed out so that i can inject all my savings into one of those sick vanguard index funds?

Offline michigancat

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Re: New To Investing Thread
« Reply #2462 on: March 18, 2020, 10:57:32 PM »
can someone tell me exactly when the markets have bottomed out so that i can inject all my savings into one of those sick vanguard index funds?

probably not

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #2463 on: March 18, 2020, 10:58:32 PM »
Puni, I think I should reintroduce you to an old friend.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline puniraptor

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Re: New To Investing Thread
« Reply #2464 on: March 18, 2020, 11:07:52 PM »
can someone tell me exactly when the markets have bottomed out so that i can inject all my savings into one of those sick vanguard index funds?

probably not

sorry, i meant MAY someone PLEASE tell me exactly when markets have bottomed out so that i can inject all my savings into one of those dope vanguard index funds?

Offline Spracne

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Re: New To Investing Thread
« Reply #2465 on: March 18, 2020, 11:32:15 PM »
I've got a guy, but it will cost you a bit upfront.

Offline catastrophe

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Re: New To Investing Thread
« Reply #2466 on: March 19, 2020, 12:49:41 PM »
Dow 20,000!!


Online steve dave

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Re: New To Investing Thread
« Reply #2468 on: March 20, 2020, 06:01:43 PM »
DBT, you keep posting that...but I don't think what is happening there is what you think is happening there....

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #2469 on: March 20, 2020, 06:29:31 PM »
DBT, you keep posting that...but I don't think what is happening there is what you think is happening there....
I’ve been hoping if I posted it enough times you would stop by and tell me what it means.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline Spracne

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Re: New To Investing Thread
« Reply #2470 on: March 20, 2020, 06:38:51 PM »
I was going to say the same thing, but I couldn't figure out how not to insult TBT, so I scrapped the post.

Offline michigancat

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Online steve dave

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Re: New To Investing Thread
« Reply #2472 on: March 22, 2020, 04:34:57 PM »
it's a huge number but pretty meaningless, at least when compared to historic unemployment rates. these are planned near term staffing reductions while everyone quarantines. it'll bounce hard. then level out somewhere above where it was but WAY below whatever it maxes out at.

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Offline sys

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Re: New To Investing Thread
« Reply #2474 on: March 22, 2020, 06:32:20 PM »
dunno what was in the briefing, but the market is almost certainly reacting to the relief bill getting facepalmed, not the briefing.
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