Oprah Wants To Buy The Clippers

[Marciano]

You in the minority homie. How old are you? How many children do you have? Do you have a car payment? A rent payment or motgage? 95% of people making 40k a year aren't going to be able to "take a chance" with their money.

Back then? Mid-20s, no kids, yes on both car payment & rent with a roommate - and I live in the DC Metro area. I set aside money each check to automatically go to my brokerage account, so I didn't even see it gone & then I just budgeted the rest. The biggest thing is a budget. They say about 7 out 10 Americans do not have a budget established & stick with it. This is what I tell my clients now, first & foremost, establish a budget. Then you'll be able to see where money is going, what to cut back on spending, etc.

I remember Sirius XM for example. A coworker at the time put me on to it, I think we both got in at like $0.15 a share. He brought way more than me at the time because it was him & his fiancee. I was able to drop around $150 to purchase 1,000 shares. I already had the money in the brokerage to make a purchase from setting it aside way earlier, so it didn't hurt me at all. He eventually was able to pay for his entire wedding after he cashed out of Sirius. And he was a Korean man marrying a Vietnamese woman, so they celebrated both cultures at the wedding & it wasn't cheap. I held onto to mines & finally sold when it went over $4 last year. And I made a typo in the post, typed $5 twice for Ford & Sirius, it was actually $4 for Sirius & I got in with Ford around $5. My fault, it's late lol.

But budgeting is the first thing that it all boils down to.

 

[Cabbage Patch]

You in the minority homie. How old are you? How many children do you have? Do you have a car payment? A rent payment or motgage? 95% of people making 40k a year aren't going to be able to "take a chance" with their money.

It's less about taking a chance, and more about prep. The stock market is the educated version of playing the lottery. Don't let anybody tell you differently. It is a form of gambling. Since it's a form of gambling, you want to make sure you know what you're doing instead of being taking in by every three card monty bet out there.

I think the biggest problem is ease of entry. It's easier to go down to the store and plunk a couple bucks down for some quick picks, than it is to contact a broker and plunk a couple bucks down on some companies. Same goes for neighborhoods without banks, which would make it easier to open up simple IRAs or money market accounts, but with plenty of check cashing and payday loan and car loan scams on each corner. People want to set aside money, but don't know how and don't have anyone they can talk to.

Make ease of entry easier, you'll get more people investing.

 

[NSSVO]

no thank you

last thing we need is a women sports owner

That sexism God damn