That is insane. I’d never even heard of these dark pools before.
Obviously, not being a gambling man (unless it’s strip poker with someone else’s wife), I don’t buy stocks or bonds… or whatever the hell you buy there.
@shavixmirsaid Well, how does it work?
It’s 15 minutes, but well worthwhile:
https://youtu.be/bP74RBTE8kI?si=8SfmU4ngPT0PmyUE
That is insane. I’d never even heard of these dark pools before.
Obviously, not being a gambling man (unless it’s strip poker with someone else’s wife), I don’t buy stocks or bonds… or whatever the hell you buy there.
It certainly sounds like a den of thieves though.
Inequality is a weird measure. If more small investors get into the market, that drives up prices. So the small investors get richer; but the big investor with a lot of stock gets a LOT richer.
So everybody is richer. But since the whales are a LOT richer, inequality goes up. He didn't actually do anything, you just came to play in his pool.
I don't find these things very concerning, myself. Those guys just buy 164' Westport yachts and MOOR them in Florida where they annoy the locals and get wiped out by hurricanes. Such is life...
@spruce112358said Inequality is a weird measure. If more small investors get into the market, that drives up prices. So the small investors get richer; but the big investor with a lot of stock gets a LOT richer.
So everybody is richer. But since the whales are a LOT richer, inequality goes up. He didn't actually do anything, you just came to play in his pool.
I don't find these thin ...[text shortened]... nd MOOR them in Florida where they annoy the locals and get wiped out by hurricanes. Such is life...
Me, I would just monitor my returns, not the returns of others....referred to herein as 'big investors'.
@averagejoe1said Me, I would just monitor my returns, not the returns of others....referred to herein as 'big investors'.
Which is reasonable.
A disciplined approach to investing means diversifying (not buying all one thing); looking for dividend-paying equities where you make money no matter what the stock price does; buying when others are selling and selling when others are buying (buy low - sell high; sell on the way up, buy the dip); looking for reliable companies, well-managed; not trying to time the market; avoiding being overly conservative or overly aggressive.
Do that and over the long-term you are pretty much guaranteed to have more money than when you started. How much depends a lot on how much you started with - but more is more, regardless.
A disciplined approach to investing means diversifying (not buying all one thing); looking for dividend-paying equities where you make money no matter what the stock price does; buying when others are selling and selling when others are buying (buy low - sell high; sell on the way up, buy the dip); looking for reliable companies, well-managed; not ...[text shortened]... hen you started. How much depends a lot on how much you started with - but more is more, regardless.
No question. For the nervous, look at a historical chart, which I link here.
With patience and dollar cost averaging, it has always gone up. Don't sweat the dips. BUY during the dips.
Also, the DJA is made up of 30 companies/stocks. There are close to 3000 to choose from, which could be doing well while those 30 are not. So, the DJA is not necessarily the direction of a particular stock.
@shavixmirsaid Well, how does it work?
It’s 15 minutes, but well worthwhile:
https://youtu.be/bP74RBTE8kI?si=8SfmU4ngPT0PmyUE
That is insane. I’d never even heard of these dark pools before.
Obviously, not being a gambling man (unless it’s strip poker with someone else’s wife), I don’t buy stocks or bonds… or whatever the hell you buy there.
It certainly sounds like a den of thieves though.
Most of the principles of investing would be completely understood by medieval peasants. “Place not all thine eggs in a single baskit lest a careless child cascade them whereof theye be brokye.” “Seeke now to selle thy corne at most advantage.”
None of this is modern thinking. The reason people feel so oppressed by it is, I guess, salaries, living paycheck-to-paycheck because of high prices, and debt. You DO NOT feel in control of your life in those circumstances, and certainly don’t feel like you can “plant for the future.”
@spruce112358said Most of the principles of investing would be completely understood by medieval peasants. “Place not all thine eggs in a single baskit lest a careless child cascade them whereof theye be brokye.” “Seeke now to selle thy corne at most advantage.”
None of this is modern thinking. The reason people feel so oppressed by it is, I guess, salaries, living paycheck-to-paycheck ...[text shortened]... l of your life in those circumstances, and certainly don’t feel like you can “plant for the future.”
Why such a negative approach? One starts 'somewhere', and makes each day count...success will blossom at the end. I see no downside as long as proper choices are made along the way. Paychecks get bigger. And, there is no 'piece of the pie'. One makes his own pie.
@AverageJoe1 All well and good but if after ten years your stock went up say 10% that is less than inflation. And then there was the real winners, say Truth social stock.......
@sonhousesaid @AverageJoe1 All well and good but if after ten years your stock went up say 10% that is less than inflation. And then there was the real winners, say Truth social stock.......
US stocks average 10% per YEAR. And cap gains are taxed at a lower rate than income (which isn't fair AT ALL and Warren Buffet has said so.)
A "good" dividend stock pays regardless of whether the price goes up or down. Dividend reinvestment is a tremendous tool for building wealth. But everybody with a 401k knows that...
I think the last time the stock market went up less than 10% in 10 years would have been the 1970's? Somebody check that... The '08 recession was big downturn, but by '12 I was back to '08 level and heading up again. Didn't lose a dime (because I didn't sell.)
@sonhousesaid @AverageJoe1 All well and good but if after ten years your stock went up say 10% that is less than inflation. And then there was the real winners, say Truth social stock.......
You left out NVIDIA, which I reported here, buying about 3 mos ago…like other stocks that I slip out to the forum over the years. ROKU is a good example, it tripled. 2 stocks I know (, one of you thanked me for the tip on a PM).
And I lost on Netflix, sold it, then up it went. Kicked myself, learned a lesson….hold good companies, disregard stock price.NVDA has made up for it. Like Trump…4 casinos, 3 out of 4 winners….good business!
PS. The Trump company had bad numbers, not a good investment. A reason for you to hate trump
@averagejoe1said You left out NVIDIA, which I reported here, buying about 3 mos ago…like other stocks that I slip out to the forum over the years. ROKU is a good example, it tripled. 2 stocks I know (, one of you thanked me for the tip on a PM).
And I lost on Netflix, sold it, then up it went. Kicked myself, learned a lesson….hold good companies, disregard stock price.NVDA has mad ...[text shortened]...
PS. The Trump company had bad numbers, not a good investment. A reason for you to hate trump
Look up DJT on the stock ticker - max range and explain to me. I asked my finance guy and he said he didn't know. ... But he would not advise buying... and I'm like, "I know, I know. There's no chance I'm buying Trump Stock.' Big laugh.
People are talking about major losses, but that's off a high in the low 70's? That was just fluff.
What I see is the company (or previous company, due to a merger?) in the $15 range for over a year - but it wasn't publicly traded (or was it?) so what was that? Then the merger happens and it jumps to $45. Then the IPO and it soars further. Then drops back to $40. But it's still way above $15.
@spruce112358said Look up DJT on the stock ticker - max range and explain to me. I asked my finance guy and he said he didn't know. ... But he would not advise buying... and I'm like, "I know, I know. There's no chance I'm buying Trump Stock.' Big laugh.
People are talking about major losses, but that's off a high in the low 70's? That was just fluff.
What I see is the company (or p ...[text shortened]... drops back to $40. But it's still way above $15.
So what is the hooha about losses. Don't get it.
I don't know either, one would have to really get in the weeds. Trump notwithstanding, it is still a start-up company that simply makes no money. I Wanted to buy because of his name, like, say, Musk, but I am too old for that ride.
I dont know why it does not show a profit. More to the point, I dont know how any of the social platforms (i guess that is what they are called) make money, except on advertising. That doesn't do it for me, I only own Facebook, as it happened to be the first one. People who jumped into the dot-com bubble when it started were all late and lost money. NVIDIA was a good one this time around,.... when we started smelling the advent of AI, we jumped with both feet.
@averagejoe1said I don't know either, one would have to really get in the weeds. Trump notwithstanding, it is still a start-up company that simply makes no money. I Wanted to buy because of his name, like, say, Musk, but I am too old for that ride.
I dont know why it does not show a profit. More to the point, I dont know how any of the social platforms (i guess that is what they ar ...[text shortened]... good one this time around,.... when we started smelling the advent of AI, we jumped with both feet.
AI is incredible - I've only used it for artwork, but wow. That's a really good call.
@spruce112358said AI is incredible - I've only used it for artwork, but wow. That's a really good call.
Not a recommendation, but CDNS is being touted in the AI sector, it was 250 a year ago, it was near 350 a few weeks ago, now down to 300, so I am sniffing.
Someone suggested RBT (rubicon) when it split 8-1 about 5 mos ago, it is now about 35 cents. I am mum whether I bought or not!!
The stock market
05 Apr '24 02:37
YouTube?si=8SfmU4ngPT0PmyUE
Back to Top