Anyone invested in the market
- Thread starter Dr. Jones
- Start date
Years ago I quit the stock market, deciding I knew better what to invest in where I'm the insider.
I'm still wiping a poor man's arse, but actually hold more assets than my dad did when I puffed about his success. I'll never know what I'm worth unless I sell my stuff, and that won't happen in my lifetime. ha ha.
I believe we are in a long term trough economically that will last more than a decade more. Silver, gold, real estate, commodities are gonna face the fact that people won't have the money to pay for stuff, and our govt. won't be able to keep puffing up the prices by fiat currency and other financial tools. I don't know any class of investment that will actually win in this future, except those who hold ownership/equity positions in productive enterprises will preserve their value better than speculators making market bets.
I'm still wiping a poor man's arse, but actually hold more assets than my dad did when I puffed about his success. I'll never know what I'm worth unless I sell my stuff, and that won't happen in my lifetime. ha ha.
I believe we are in a long term trough economically that will last more than a decade more. Silver, gold, real estate, commodities are gonna face the fact that people won't have the money to pay for stuff, and our govt. won't be able to keep puffing up the prices by fiat currency and other financial tools. I don't know any class of investment that will actually win in this future, except those who hold ownership/equity positions in productive enterprises will preserve their value better than speculators making market bets.
leftyjace
Well-Known Member
How interesting.
I could have typed this word for word.
Here I am looking at Disney for a long-term buy. Doesn't get any more blue-chip than that.
Duck Rodgers
Well-Known Member
How about now? Think it was a good idea? Just covered at 2.3. +30%.
The world is more productive than at any time in the history of mankind. Why do you and Lefty think it's all going south? I have my own reasons to see/agree with that notion and am curious to hear yours.
I am sure you actually know more about it than me. For me, it's no more than the distrust of a jaded old naysayer, perhaps.
"Going South" might not be all bad. We are living like sugared up kids since the postwar boom, with plus or minus bouts of reality. I just think people need jobs that will pay, meaning producing stuff that will sell. Government jobs and government entitlement programs are unsustainable. No sales value in the paper, nothing others can really use. We're going to have to downsize all that, and jobs will not be benefiting all that much from technology.
The economy should be somewhat proportional to population. We likely will see decreases in populations worldwide.
Of course, on the plus side, new technology can make us all winners, and we will all be living in 100 years like the rich and famous do now?
I agree with most of this.
I've written 2 essays for a proper response but I can't get it down straight. It's a bar discussion.
Dollar Tree bought Family Dollar back in July of 2015. I am an employee of Family Dollar and now just recently starting in 2016 they offer any full-time employees the opportunity to buy stock in the company at a 15% discount.
The first buying window was December 21st - December 28th. I found out about it around early January so I missed it. The next buying window is in March so I wanted to get some opinions on it. The only stipulation is you have to hold the stock for one year before you are able to sell it.
The price of each share has been steady around $75 a share so far this year, meaning I could buy one share at around $63.75.
The first buying window was December 21st - December 28th. I found out about it around early January so I missed it. The next buying window is in March so I wanted to get some opinions on it. The only stipulation is you have to hold the stock for one year before you are able to sell it.
The price of each share has been steady around $75 a share so far this year, meaning I could buy one share at around $63.75.
Do it. It's been immune to the current bear market, it's expected to outperform, and it's been historically solid.