Stock Market Discussion

[babbtke]

Too deep for the forum

[Codeblue]

[finneganm]

I hope you have someone helping your art purchasing as well. Don't want to end up with too many backdoor (fake) pieces...
http://forum.expressobeans.com/viewtopic.php?t=18568

[charter]

I'm selling my entire collection of unsigned CYW in every color for a modest price!

[mattkardish]

Not everyone has tens of thousands to invest in the S&P. I'm mostly a pessimist so I already think the stock market is largely rigged. The people with the most can have the biggest impact on everyone else. Warren Buffet can liquidate shares and cause a sell off. Computers trade and sell in milliseconds that only the wealthy have access to. Insider knowledge, etc. The only way the average investor will strike it rich is putting all chips in during the next crash. Otherwise, it's modest growth unless you have the rare crazy gamble like Netflix.

You can buy an S&P 500 ETF for $200.

Short term fluctuations in the market are beyond our control or apprehension.

Long term, owning the stocks will return around 8-10% per year. Fact, not opinion.

Closer to 6 or 7 but who's counting...and 2% of that 6 is dividends...tryin to create wealth here. The real way to get the big returns is to make the bigger bets on just a few stocks. But again, that's not for the average investor. Best bet is to just start your own company, that's where the real wealth comes from

[63schoeffling]

Not everyone has tens of thousands to invest in the S&P. I'm mostly a pessimist so I already think the stock market is largely rigged. The people with the most can have the biggest impact on everyone else. Warren Buffet can liquidate shares and cause a sell off. Computers trade and sell in milliseconds that only the wealthy have access to. Insider knowledge, etc. The only way the average investor will strike it rich is putting all chips in during the next crash. Otherwise, it's modest growth unless you have the rare crazy gamble like Netflix.

You can buy an S&P 500 ETF for $200.

Short term fluctuations in the market are beyond our control or apprehension.

Long term, owning the stocks will return around 8-10% per year. Fact, not opinion.

Closer to 6 or 7 but who's counting...and 2% of that 6 is dividends...tryin to create wealth here. The real way to get the big returns is to make the bigger bets on just a few stocks. But again, that's not for the average investor. Best bet is to just start your own company, that's where the real wealth comes from

Just flip Mondozzz yo.

[mattkardish]

see, the thing about NFLX is that it's down 25% in the last couple months, but still nearly up 100% over the last year...correction territory? who the drymount do these people think they are...stupid fudge. goddamn news headlines

[RiotAct]

I'm rich!!!!!

(insert NYSE trader having an orgasm here)

[optimusGRRR]

Not everyone has tens of thousands to invest in the S&P. I'm mostly a pessimist so I already think the stock market is largely rigged. The people with the most can have the biggest impact on everyone else. Warren Buffet can liquidate shares and cause a sell off. Computers trade and sell in milliseconds that only the wealthy have access to. Insider knowledge, etc. The only way the average investor will strike it rich is putting all chips in during the next crash. Otherwise, it's modest growth unless you have the rare crazy gamble like Netflix.

You can buy an S&P 500 ETF for $200.

Short term fluctuations in the market are beyond our control or apprehension.

Long term, owning the stocks will return around 8-10% per year. Fact, not opinion.

Closer to 6 or 7 but who's counting...and 2% of that 6 is dividends...tryin to create wealth here. The real way to get the big returns is to make the bigger bets on just a few stocks. But again, that's not for the average investor. Best bet is to just start your own company, that's where the real wealth comes from

You learn that during your 6 months experience? Teams of portfolio managers with MBAs and CFAs can't beat the S&P overtime. But you "make the big returns on a few stocks". Cool story.

[finneganm]

He's absolutely right. He's just leaving out the disclaimer that most of the time you get torched trying that technique.

Cool story.

[mattkardish]

It can be done, the research just better be right. The only hedge fund manager I've ever met in person has returned roughly 30% annualized returns net of fees to his clients, I'd say that's pretty good. Maybe I'm just biased, but that's a cool enough story for me. Since we are generalizing, "Teams of MBAs and CFAs" aren't going to take on that type of risk in their client portfolios, so oh well.

[finneganm]

For example, if you had put 10k to work at the cheapest NFLX has ever been, it would be worth 1.56mm today.

Obviously knowing the potential for NFLX back in 2002 would have been a shot in the dark; and to think you're going to experience similar growth going forward is silly.

But if you do your homework, and you're right, it can have massive payoffs. It's simply a matter of diligence.

[63schoeffling]

For example, if you had put 10k to work at the cheapest NFLX has ever been, it would be worth 1.56mm today.

Obviously knowing the potential for NFLX back in 2002 would have been a shot in the dark; and to think you're going to experience similar growth going forward is silly.

But if you do your homework, and you're right, it can have massive payoffs. It's simply a matter of diligence.

Or invested $50 in Bitcoin when it was at $3 for a dollar when I heard about it..... Talk about a big time Oof. That and wanting to buy Netflix at $19 in college but having no money are my two biggest whiffs.

[finneganm]

Don't get me wrong, Optimus is right in that 99% of people should have a fairly diversified portfolio, but to be dismissive about a factual comment seems off to me. If you want to play the single name game, it helps to have a very strong conviction, and to know what you're doing.

[dancingbear]

What we need in this thread, is the "new" netflix. Any college kids out there, who know what the next big thing is? is the walkman going to return and overthrow the ipod? I for one, and lame and clueless.