Snake Posted May 26, 2020 Share Posted May 26, 2020 2 minutes ago, f7ben said: Dignity has value So doesn't 3,600 sq ft with a 20x40 garage. Quote Link to comment Share on other sites More sharing options...
f7ben Posted May 26, 2020 Author Share Posted May 26, 2020 1 minute ago, Snake said: So doesn't 3,600 sq ft with a 20x40 garage. Seems you sold out for a pittance Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 The stock market is a giant casino. The house always wins AND when it loses the house gets reimbursed by taxpayers aka customers. Quote Link to comment Share on other sites More sharing options...
racer254 Posted May 26, 2020 Share Posted May 26, 2020 (edited) 28 minutes ago, f7ben said: Dignity has value Yeah, about 1200 bucks for most. Did you cash that stimulus check yet? Edited May 26, 2020 by racer254 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 26, 2020 Share Posted May 26, 2020 36 minutes ago, Snake said: So if I retire very comfortably and you don't... did you win? 32 minutes ago, f7ben said: Dignity has value BenSnake Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 26, 2020 Share Posted May 26, 2020 25 minutes ago, Mainecat said: The stock market is a giant casino. The house always wins AND when it loses the house gets reimbursed by taxpayers aka customers. No, when you own shares you are the house and will win the longer you play, unlike a casino. 1 Quote Link to comment Share on other sites More sharing options...
frenchy Posted May 26, 2020 Share Posted May 26, 2020 46 minutes ago, Mainecat said: The stock market is a giant casino. The house always wins AND when it loses the house gets reimbursed by taxpayers aka customers. what an ignorant comment. The values of core assets (stocks, RE holdings, bonds, etc) grow faster than the value of cold hard cash and that is what the market is a function of. Your comment couldn't be any more wrong. 3 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 26, 2020 Share Posted May 26, 2020 Ben, day 2, another delusional rant lashing out at everyone in every direction. Well lets see how the numbers flesh out in July raincloud. Its a fucking opinion piece. One of thousands every day. Of course he's going to latch right onto it. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted May 26, 2020 Share Posted May 26, 2020 12 minutes ago, frenchy said: what an ignorant comment. The values of core assets (stocks, RE holdings, bonds, etc) grow faster than the value of cold hard cash and that is what the market is a function of. Your comment couldn't be any more wrong. The stockmarket and free flow of capital is one of the main reasons our quality of life is so high. Prior to the public stock markets, only the rich could invest or had access to capital. It's not what some want to hear but it's true. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 26, 2020 Share Posted May 26, 2020 Why do the worst blood baths seemingly come self induced? Is MCitus a real thing? Many here seem to be catching it. Jesus. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 26, 2020 Share Posted May 26, 2020 47 minutes ago, teamgreen02 said: The stockmarket and free flow of capital is one of the main reasons our quality of life is so high. Prior to the public stock markets, only the rich could invest or had access to capital. It's not what some want to hear but it's true. Bingo, Its there for everyone. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 26, 2020 Share Posted May 26, 2020 Good grief. A perfect storm for stupid. https://www.businessinsider.com/perfect-storm-of-stupid-in-stock-market-right-now-2020-5 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 2 hours ago, ArcticCrusher said: No, when you own shares you are the house and will win the longer you play, unlike a casino. You may own the share but you will never control it.....that’s the gamble. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 2 hours ago, frenchy said: what an ignorant comment. The values of core assets (stocks, RE holdings, bonds, etc) grow faster than the value of cold hard cash and that is what the market is a function of. Your comment couldn't be any more wrong. So it’s guaranteed? If it’s not it’s a gamble just like pulling a slot handle. You couldn’t be more naive. Quote Link to comment Share on other sites More sharing options...
frenchy Posted May 26, 2020 Share Posted May 26, 2020 1 minute ago, Mainecat said: So it’s guaranteed? If it’s not it’s a gamble just like pulling a slot handle. You couldn’t be more naive. Speaking of naive. 'The house always wins'. The 'house' when speaking of the market, are the investors. DUHHHHHHH Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 1 minute ago, frenchy said: Speaking of naive. 'The house always wins'. The 'house' when speaking of the market, are the investors. DUHHHHHHH And the taxpayers when they bail out a corporation. whats the very last thing a money manager will disclose to a investor? Quote Link to comment Share on other sites More sharing options...
frenchy Posted May 26, 2020 Share Posted May 26, 2020 14 minutes ago, Mainecat said: And the taxpayers when they bail out a corporation. whats the very last thing a money manager will disclose to a investor? fail. that has nothing to do with the market. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 7 minutes ago, frenchy said: fail. that has nothing to do with the market. Of course it does many corps have been saved by the taxpayer or are invested in through grants etc for research especially pharma. are you going to answer my question? Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted May 26, 2020 Share Posted May 26, 2020 (edited) 1 hour ago, Mainecat said: So it’s guaranteed? If it’s not it’s a gamble just like pulling a slot handle. You couldn’t be more naive. nothing in life is guaranteed but death and taxes. Used to be only property ownership that created real wealth, now the stock market has allowed even non property owners to become wealthy. Over time the return on the market is there, there is a track record so it'd not a casino like gamble. Over time at a casino the house wins. Over time in the stock market the investor wins. Edited May 26, 2020 by Angry ginger 1 Quote Link to comment Share on other sites More sharing options...
frenchy Posted May 26, 2020 Share Posted May 26, 2020 15 minutes ago, Mainecat said: Of course it does many corps have been saved by the taxpayer or are invested in through grants etc for research especially pharma. are you going to answer my question? taxpayers pay for that whether they are invested in the market or not, meaning an extra level of retarded for 'the house always wins' comment when it comes to the stock market Quote Link to comment Share on other sites More sharing options...
Edmo Posted May 26, 2020 Share Posted May 26, 2020 53 minutes ago, frenchy said: Speaking of naive. 'The house always wins'. The 'house' when speaking of the market, are the investors. DUHHHHHHH I wouldn’t have dick of it weren’t for the market. I sold a bunch of stock to buy my first house, invested to save for the kids college, and my retirement fund would be about 1/3 of what it is now. MC is so fucking dumb it hurts me to read his posts. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 2 hours ago, Edmo said: I wouldn’t have dick of it weren’t for the market. I sold a bunch of stock to buy my first house, invested to save for the kids college, and my retirement fund would be about 1/3 of what it is now. MC is so fucking dumb it hurts me to read his posts. Dumb? If you only knew....lmao Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 26, 2020 Share Posted May 26, 2020 whats the very last thing a money manager will disclose to a investor? ”There are no guarantees on your investments” just reading how much money Uncle Sam has pumped into the market...you know your tax dollars. Ben knows this. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 26, 2020 Share Posted May 26, 2020 CPPIB Canada's pension just reported it's year end with a small loss yr-yr. Could have been worse if not for private holdings. https://www.theglobeandmail.com/business/article-cppib-weathers-coronavirus-downturn-with-modest-investment-loss/ Quote Link to comment Share on other sites More sharing options...
Edmo Posted May 26, 2020 Share Posted May 26, 2020 2 hours ago, Mainecat said: Dumb? If you only knew....lmao Not everyone gets a family job bro. Some of have to go it alone and try to get ahead. 2 Quote Link to comment Share on other sites More sharing options...
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