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  • Why invest in the stock market anymore?

    9:05 am on February 20, 2010 | 8 Permalink | Reply
    Tags: , , , wall street

    is a joke at this point. If you had invested in 1999, almost ten years ago, you would be waaaaayyyyy down in most . TEN YEARS.

    I don’t want to hear about long term investing trends either. Gold and real estate is the only way to go at this point. is totally corrupt.

    New York investors know that everyone has their cash locked up in 401k’s and IRA’s and because it is locked up nobody can access it to avoid the ongoing slaughter. BUY GOLD. Not ETF gold shares, but actual gold metal bullion.

     
  • 2 Questions: What do you think will happen to the stock market….?

    5:04 pm on February 12, 2010 | 4 Permalink | Reply
    Tags: , wall street

    The 2nd question is:

    Have you heard of trend-tracking, or trend spotting? It means looking for trends in the and investing based on that (google The Bully). If you’ve heard of it, do you think it is a sound strategy?

     
  • Can Middle class American invest in the stock market?

    5:05 am on February 8, 2010 | 4 Permalink | Reply
    Tags: , wall street

    Can middle class American invest at NYSE??? How much it cost to buy a very small stock???

    When I read the news it says about the stock that costed like 10 or 50 dollars and after some year it was like a million dollar. I dont really understand the , even less the many number at .

     
  • Interested in the Stock Market?

    5:02 pm on February 7, 2010 | 3 Permalink | Reply
    Tags: , , wall street

    I have a low capital that could be used for investing. It is of about 500 dollars. I am 17 and need to save up for college and will be getting about 200 dollars per week from now on so I want to use this and try it in the .. I have always been interested and have considered at a future career.
    For now thought I want to start out small How do I learn what to do and how to do it? What books do you recommend? What company that is through the internet and won’t create any problems in the future?
    I really am interested in the market and wish to learn more. I want to start out small and see where things go.
    ANY advice will be helpful.

     
  • Can Civilian Of One Country Invest In Stock Market Of Another Country?

    9:01 am on February 6, 2010 | 11 Permalink | Reply
    Tags: , wall street

    For Example,Investing in by an India person.
    Sorry,but I dont have much information about economics.

     
  • Plan to invest in stocks/mutual funds in ~ 1 year. Suggestions of good books for starting out/research/study?

    11:57 pm on February 1, 2010 | 8 Permalink | Reply
    Tags: , , , , , wall street

    I’ve read, reading or plan to read the following materials:

    1. .com material: a bit sparse, not too detailed and informative

    2. Jim Cramer’s Mad : Seems like he’s a fad and investing style is more short-term (1-24 months) and not longterm.

    3. Lynch’s One up on : haven’t finished but seems pretty outdated. Gives a lot of examples which can lead to tedium.

    4. Graham’s Intelligent Investor: GAH! It’s huge…haven’t started

    5. Stanley’s The Millionaire Next Door: more of a self-help finance book but seemingly very good insight into self-made millionaires.

    6. Stanley’s The Millionaire Mind: more or less the same as above.

     
  • How to become a stock/commodities broker?

    5:45 am on January 30, 2010 | 1 Permalink | Reply
    Tags: wall street

    I know someone who is into commodities and he does VERY well. He worked on .

    Anyway. If I want to become a stockbroker, how would I go about doing it? I want to go to college. What IS a commodities broker anyway?

    Are there any other types of "broker’s"?

    Which make the most.

    I know these questions are really vague but can someone please try and shine some light on this for me. Thanks.

     
  • Why do people call the British Empire the “New World Order”?

    9:50 am on January 21, 2010 | 4 Permalink | Reply
    Tags: wall street

    There’s nothing new about it – it’s old, real old. The so-called "NWO" is nothing more than an elite cabal of fascist, neo-feudalist British financial interests, working in concert with and neoconservative allies. The "NWO" conspiracy types (at least Alex Jones for sure) is a manufactured distraction designed to redirect attention, and to create division within the United States – the destruction of nations is a key component of their agenda.

    Near as I can tell, the leader is the fascist Nazi sympathizer, Prince Philip, aka "The Virus." This sub-human slime-mold has publicly stated his desire to cull the human population many times, even expressing his wish to be reincarnated as a lethal virus, so as to "do something" about the problem of "overpopulation."

    http://www.thestar.com/News/World/article/304614
    http://thinkexist.com/quotes/prince_phillip/

    The British Empire’s strategy is feudal to its core:

    - Eliminate nations and national identities. Divide the population amongst itself.

    - Create massive speculative financial bubbles through deregulation, global capital flows, and easy credit.

    - Fuel the bubble, divide the US internally, and begin to reduce the Arab population through phony wars, like the US invasion of Iraq, and the attempts to incite conflict between the US and Iran & Russia (which my contacts tell me were put down by patriotic members of the armed forces, led by JCS chair Adm. Mike Mullen and Sec. Gates, who in the closing months of the Bush administration, directly ordered Bush and Cheney to cease all attempts to start such wars, or be placed under immediate military arrest).

    - Withdraw central bank credit and burst the bubble. Then, when the phony economy is revealed, use political allies to sabotage any attempt to rebuild the physical economy, and implement a radical, fascist fiscal austerity program, taken right out of the playbook of Nazi finance minister Schacht.

    - Continue to incite internal division and revolution through friendly media outlets. Incite hatred for and usurp the constitutional national leadership.

    - Inhibit any sort of investment in public-sector fixed capital, especially infrastructure which increases agricultural yields.

    - Privatize infrastructure and resources to restrict supply. Associate all attempts to invest in water, power, and transport infrastructure with an unpopular political ideology (in the US, this is the "socialism/communism" nonsense directed towards President Obama).

    - Monopolize all vital choke-points for resources. Restrict supply of all vital commodities (i.e., the British-sponsored biofuel scam).

    - Send commodity prices through the roof in a massive speculative bubble. Stand by as people in the developing world starve.

    - Through friend media outlets, publish lots of stories about how there are "too many people to feed," but never publish anything about declining agricultural yields due to rotting public-sector water and transport infrastructure. Distort and obfuscate, as well as spread "false positives" through agent provocateurs (i.e., Alex Jones).

    - Induce remaining nations to destroy each other by pitting them against one another in armed conflict.

    - Massively reduce the world’s population, especially that of the "undesirable" ethnic groups.

    - Sweep in for the kill. Have the elite pick the bones of the remaining productive economy, and monopolize the supply of existing capital goods to restrict industrial development.

    - Ensure that the masses are dumbed-down, unaware of what’s really going on, and easily manipulated by various sorts of religion or jingoism. As all of this is happening, distort it, and either neutralize or marginalize anyone who makes it known.
    Chains,

    Exactly – though it’s not the government as such. The intention is to distract you from the real enemy; which, as I’ve told you, can definitively be shown to NOT be President Obama (who is actually the last hope for preserving the constitution and the USA).

     
  • My Social Security fix (”If” you’ve got the mental fortitude to read it)?

    9:46 am on January 2, 2010 | 2 Permalink | Reply
    Tags: , , , , wall street

    Even though I’ve already prepared for no social security benefit I definitely do NOT see it going belly up. Any required changes “WILL” be made because the baby boom generation is way too big of a voting segment. Here are three things I think either will or "should" be changed. I’m sure there will be some disagreements but here we go (it’s a little long):

    1) One of the things I definitely expect to see soon is a change in the SS tax so that there is NO cap on income subject to the tax (currently 97.5K).

    2) A .5% increase ( extra per K of annual earnings) in the tax itself to 6.7%. This, combined with #1 above, would add quite a bit to the fund. Ex: a person earning 197.5K would pay an extra ,187.50. A hedge ( exec, etc) making 100,097,500.00 would pay an additional 6,700,487.50 in SS tax. The tax could be reduced to .5% lower than the “current” level as the system gained its footing. That would mean a 5.7% SS tax. The .5% reduction (from 6.2 to 5.7) could then be added to the Medicare tax to fix it. The net effect would be no change in the total SS/Medicare tax (it would still be a total of 7.65%)

    3) Unfortunately, I think most people (i.e. 70%+) would do even worse than the governments historically bad rate of return; therefore I’m against giving some of the to individuals who, for the most part, can’t even manage what they have now. However, I do believe the should be invested for higher returns in a diversified ETF portfolio something like this: 50% domestic/international (ex’s: S&P, NASDAQ, IOO, ADRA), 20% commodities related (GLD, DBA, VAW, IGE,), 20% High Quality (Gov’t & Corporate), 10% Cash equivalents like CD ylding > 6%.

    4) Protect SS funds from “other” uses.

    5) Additionally, in the interest of saving the system, and because I believe social security should be more of a safety net for “if” you need it, I submit the following thought. I think SS benefits should be “eliminated” for people with retirement sources of income (cap gains, div’s, pensions, etc) “or” assets (minus primary house & active farmland) totaling greater than a set limit that adjusts for inflation. Purely as a starting point for debate: I would support a current income threshold limit of 2.5X the average income of the city you reside in “and/or” a 3M asset limit. For example: if your city’s avg income was 40K, and your total retired income exceeded 100K (or assets > 2M), you would not get any of the SS that you would otherwise collect (your full benefit would simply be “reduced” between 1.5-2.5X that city’s avg income). Adjusting for salary increases, the avg income in my example would be around 100K in 30 yrs and therefore you total retired income would have to be more than 250K (or assets >5M) to lose the entire benefit. My ’s where my mouth is because I’m 30yrs from SS eligibility and I will have ZERO problem giving up my benefits when I’m spending >250K/yr and/or have assets >5M. BTW, the hedge fund mngr mentioned in #2 would get a nice fat 00/month (6K/month in 30 yrs) “if” he somehow went bankrupt between making 100M and retirement so he “would” be able to take advantage of the “safety net” that he had paid into. Actually, the max benefit would have to be increase when the 97.5K cap was abolished. I could see the hedge fund guy getting the new max benefit of 10K/month (28K/month in 30 yrs) because he put more into it. The 10K/month amount would apply to anyone who had paid SS tax on an average income > 500K/yr every yr from age 21 (per current rules for the 2100 max payment). The 500K as of 07’ would be adjusted backward and fwd for inflation.

    Unlike some, who think SS should be phased out, I still like the idea of SS (even if I never benefit from mine). I see it as an encouragement for people to take chances in their lives such as entrepreneurial risks. I think that knowing there is “something” to fall back on would provide at least a little bit of encouragement to try high risks/high reward endeavors. If, however, the business risk pays off and you create the next MSFT, APPL, GOOG, CAT, etc, etc. then there’s no reason to “access” that safety net.

    Any opinions, thoughts, or new ideas that aren’t smartass in nature?

     
  • My Social Security fix (If you’re willing to read it)?

    9:46 am on December 30, 2009 | 5 Permalink | Reply
    Tags: , , , , wall street

    Even though I’ve already prepared for no social security benefit I definitely do NOT see it going belly up. Any required changes “WILL” be made because the baby boom generation is way too big of a voting segment. Here are three things I think either will or "should" be changed. I’m sure there will be some disagreements but here we go (it’s a little long):

    1) One of the things I definitely expect to see soon is a change in the SS tax so that there is NO cap on income subject to the tax (currently 97.5K).

    2) A .5% increase ( extra per K of annual earnings) in the tax itself to 6.7%. This, combined with #1 above, would add quite a bit to the fund. Ex: a person earning 197.5K would pay an extra ,187.50. A hedge ( exec, etc) making 100,097,500.00 would pay an additional 6,700,487.50 in SS tax. The tax could be reduced to .5% lower than the “current” level as the system gained its footing. That would mean a 5.7% SS tax. The .5% reduction (from 6.2 to 5.7) could then be added to the Medicare tax to fix it. The net effect would be no change in the total SS/Medicare tax (it would still be a total of 7.65%)

    3) Unfortunately, I think most people (i.e. 70%+) would do even worse than the governments historically bad rate of return; therefore I’m against giving some of the to individuals who, for the most part, can’t even manage what they have now. However, I do believe the should be invested for higher returns in a diversified ETF portfolio something like this: 50% domestic/international (ex’s: S&P, NASDAQ, IOO, ADRA), 20% commodities related (GLD, DBA, VAW, IGE,), 20% High Quality (Gov’t & Corporate), 10% Cash equivalents like CD ylding > 6%.

    4) Protect SS funds from “other” uses.

    5) Additionally, in the interest of saving the system, and because I believe social security should be more of a safety net for “if” you need it, I submit the following thought. I think SS benefits should be “eliminated” for people with retirement sources of income (cap gains, div’s, pensions, etc) “or” assets (minus primary house & active farmland) totaling greater than a set limit that adjusts for inflation. Purely as a starting point for debate: I would support a current income threshold limit of 2.5X the average income of the city you reside in “and/or” a 3M asset limit. For example: if your city’s avg income was 40K, and your total retired income exceeded 100K (or assets > 2M), you would not get any of the SS that you would otherwise collect (your full benefit would simply be “reduced” between 1.5-2.5X that city’s avg income). Adjusting for salary increases, the avg income in my example would be around 100K in 30 yrs and therefore you total retired income would have to be more than 250K (or assets >5M) to lose the entire benefit. My ’s where my mouth is because I’m 30yrs from SS eligibility and I will have ZERO problem giving up my benefits when I’m spending >250K/yr and/or have assets >5M. BTW, the hedge fund mngr mentioned in #2 would get a nice fat 00/month (6K/month in 30 yrs) “if” he somehow went bankrupt between making 100M and retirement so he “would” be able to take advantage of the “safety net” that he had paid into. Actually, the max benefit would have to be increase when the 97.5K cap was abolished. I could see the hedge fund guy getting the new max benefit of 10K/month (28K/month in 30 yrs) because he put more into it. The 10K/month amount would apply to anyone who had paid SS tax on an average income > 500K/yr every yr from age 21 (per current rules for the 2100 max payment). The 500K as of 07’ would be adjusted backward and fwd for inflation.

    Unlike some, who think SS should be phased out, I still like the idea of SS (even if I never benefit from mine). I see it as an encouragement for people to take chances in their lives such as entrepreneurial risks. I think that knowing there is “something” to fall back on would provide at least a little bit of encouragement to try high risks/high reward endeavors. If, however, the business risk pays off and you create the next MSFT, APPL, GOOG, CAT, etc, etc. then there’s no reason to “access” that safety net.

    Any opinions, thoughts, or new ideas that aren’t smartass in nature?

     
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