nineteeneightysix
Banned
then why do they get mad when things like this happen? 
Das Kapital
Das Kapital
IF AMERICANS TRULY BELIEVE IN CAPITALISM...
- Thread starter nineteeneightysix
- Start date
How is socialism supposed to prevent this?
The region 219
All Star
Not capitalism, but free trade, NAFTA
Jhoon
Spontaneous Mishaps and Hijinks
Free trade is quintessentially the free market at work. The market says it's more effective to build something somewhere for comparative advantage, then if you truly believe in the market, you go there.
FluffyCorleone
Banned
Berniewood Hogan
IT'S BERNIE SANDERS WITH A STEEL CHAIR!
I SUPPORT THIS ALL-CAPS TITLED THREAD, BROTHER!
Look man, we like Capitalism to a point. It can easily get out of control in a truly open and free market so we need caps or regulations on it. If that makes us quasi-socialists or fake Capitalists, fine I'll take that title but too much in any direction ends up bad. We gotta have some sort of balance.
Red Shield
Global Domination
Americans like it when it benefits them.... Americans hate it when it rocks them 
dish lowry
Pro
whats up with these financial advisor fruitcakes? they tell you to buy products setup to minimize risk, but its looking skeevy out there.
lets say you have 100k and buying in costs 5k. if the market dont lose & stays flat, you pay a management fee of 1.25%. now you're down to 93k. the market would have to gain 7% that first year to break even after fees. lets say it did that & the market continued its record run and gained 7% the following year. after mgmt fees, that 7% is only 5.75%. after two years of the fund gaining 7%, instead of $115,000 you're only sitting on $105,600. your money made you $5600 and the fund gets almost $9000. the fund risks jackshyt and gets most of the gains. and if the market tanks they still get a nice cut while you take all the risk.
you might as well take that 5k to a casino & play craps & baccarat or somethin
lets say you have 100k and buying in costs 5k. if the market dont lose & stays flat, you pay a management fee of 1.25%. now you're down to 93k. the market would have to gain 7% that first year to break even after fees. lets say it did that & the market continued its record run and gained 7% the following year. after mgmt fees, that 7% is only 5.75%. after two years of the fund gaining 7%, instead of $115,000 you're only sitting on $105,600. your money made you $5600 and the fund gets almost $9000. the fund risks jackshyt and gets most of the gains. and if the market tanks they still get a nice cut while you take all the risk.
you might as well take that 5k to a casino & play craps & baccarat or somethin
ill
Superstar
There are plenty of funds with lower rates and many without any fees. You could always invest in an index fund and not pay any fees. If you want someone else to manage your money for you then you have to pay for that. Also, no ones paying 5k to get involved with a public fund.
Real numbers are more like you have 100k to invest. Even with a 1.25% fee (lets assume fee is taken out Jan 1 for each year) thats $1,250 so you're left with 97,750. At a 7% return thats $104,592 for the 1st year.
2nd year - $1307 in fees the second year so we'll start the year with $103,285. 7% return on that would leave us with $110514.
So you've made 10.5% total return on your money in two years ($10,514 profit). The fund made $2,557 in fees.
A Capitalist/Socialist hybrid society works best for most ppl.
JahFocus CS
Get It How You Get It
Capitalism allows people/corporations to create great things, that will allow them to be succesful. This leads to lots of research and development and helps to progress a society.
The problem with capitalism is that capitalism doesn't account for ppl, and more importantly ppls lives or society itself.
Socialism, looks after the ppl, it makes sure that the ppl are taken care of. They are educated and healthy and safe.
Most people, is anyone that wants to live happy free from strife and BS lol