The stock market is for suckers

Menelik II

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True. But It also may have gone down.
Yes true. I also forgot to add that the general inflation of products is say 2% so you lose that every year. For the past decade inflation has been historically low, so it's not really noticeable over short periods of time. In the 70s it was crazy high so you'd have to be more active.
 

Cynic

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By the time a company has an IPO all the venture capitalists and series a, b,c funds
will be cashing out to the public at like 4-10 times what they bought it at....

You shouldn't get into stocks to make money unless you're ....

- a Pre-IPO investor
- creating/selling your own ETF/raising capital
- death-spiral financing
- Insider trading
- Pump and dump

Getting a good yield from dividends is another story, investing to unlock shareholder value
in the future is another as well....

He's a billionaire and older now so maybe he's risk averse probably prefers liquidity and hard assets


Lord knows I been burnt by a cancer drug phase failure 3 years ago....

Stock still ain't recovered... :wow:
 

4-Rin

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The stock market is a nice place to make money. The problem is the mass majority of investors have no idea what they're doing and react based on the market. So once one person panics all the other clueless people panic with them and end up selling which causes them to lose money.

If you want to invest do it for the long term and you'll win in the end. And know what you're investing in. Don't just throw your money at a company because it's popular. Learn how to read financial statements, majority of what you need to know is right there if you know what you're looking at.

If you're just starting out and want to invest longterm do one of these three things.

1. Invest in dividend aristocrats and DRIP
2. Invest in companies that are trading below their book value.
3. Buy ETFs that track the market

Do any of those to win longterm.
 

BasketCase

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The stock market is a nice place to make money. The problem is the mass majority of investors have no idea what they're doing and react based on the market. So once one person panics all the other clueless people panic with them and end up selling which causes them to lose money.

If you want to invest do it for the long term and you'll win in the end. And know what you're investing in. Don't just throw your money at a company because it's popular. Learn how to read financial statements, majority of what you need to know is right there if you know what you're looking at.

If you're just starting out and want to invest longterm do one of these three things.

1. Invest in dividend aristocrats and DRIP
2. Invest in companies that are trading below their book value.
3. Buy ETFs that track the market

Do any of those to win longterm.
No.
 

Hiphoplives4eva

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By the time a company has an IPO all the venture capitalists and series a, b,c funds
will be cashing out to the public at like 4-10 times what they bought it at....

You shouldn't get into stocks to make money unless you're ....

- a Pre-IPO investor
- creating/selling your own ETF/raising capital
- death-spiral financing
- Insider trading
- Pump and dump

Getting a good yield from dividends is another story, investing to unlock shareholder value
in the future is another as well....

He's a billionaire and older now so maybe he's risk averse probably prefers liquidity and hard assets


Lord knows I been burnt by a cancer drug phase failure 3 years ago....

Stock still ain't recovered... :wow:
You're were an idiot trying to gamble on a drug trial stock. I know a guy that lost 150K doing that nonsense. Had you purchased real companies like Amazon, Apple, or Google you wouldn't be so bitter.

Stop gambling and invest wisely.
 
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Hiphoplives4eva

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The stock market is a nice place to make money. The problem is the mass majority of investors have no idea what they're doing and react based on the market. So once one person panics all the other clueless people panic with them and end up selling which causes them to lose money.

If you want to invest do it for the long term and you'll win in the end. And know what you're investing in. Don't just throw your money at a company because it's popular. Learn how to read financial statements, majority of what you need to know is right there if you know what you're looking at.

If you're just starting out and want to invest longterm do one of these three things.

1. Invest in dividend aristocrats and DRIP
2. Invest in companies that are trading below their book value.
3. Buy ETFs that track the market

Do any of those to win longterm.
The game is to be sold, not told
 

Cynic

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You're were an idiot trying to gamble on a drug trial stock. I know a guy that lost 150K doing that nonsense. Had you purchased real companies like Amazon, Apple, or Google you would be so bitter.

Stop gambling and invest wisely.

I lost more than that ... and the recommendation came from a trusted buddy in the biz ... years ago

You live and learn ... it didn't wipe me out so relax because I'm not in the market anymore....

The last dealings I had with anything stock related was helping an investment firm
shift private Lyft stock to a few UHNWIs.

Pre-IPOs is where it's at.
 

Larry Lambo

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The stock market is a nice place to make money. The problem is the mass majority of investors have no idea what they're doing and react based on the market. So once one person panics all the other clueless people panic with them and end up selling which causes them to lose money.

If you want to invest do it for the long term and you'll win in the end. And know what you're investing in. Don't just throw your money at a company because it's popular. Learn how to read financial statements, majority of what you need to know is right there if you know what you're looking at.


If you're just starting out and want to invest longterm do one of these three things.

1. Invest in dividend aristocrats and DRIP
2. Invest in companies that are trading below their book value.
3. Buy ETFs that track the market

Do any of those to win longterm.

I don't know about the bolded. If a company has a strong financials, their stock price will have already factored that in.

Companies that are struggling, or haven't maxed out their potential usually provide the best returns.

Obviously, it's a higher risk, but the way to make money in the market is to invest in companies that are getting better, not ones that have already hit their peak.
 

Hiphoplives4eva

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I lost more than that ... and the recommendation came from a trusted buddy in the biz ... years ago

You live and learn ... it didn't wipe me out so relax because I'm not in the market anymore....

The last dealings I had with anything stock related was helping an investment firm
shift private Lyft stock to a few UHNWIs.

Pre-IPOs is where it's at.
That requires high level connections if you have those more power to you. I have some business partners that are ex Goldman guys, so I'm very familiar with that arena. Lots of sharks there.

You can also get scammed on Pre-IPOs as well.

Be safe though
 

MJ Truth

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Put it in the bank and do what? Just sit on it? That's not smart. You also don't NEED the stock market to invest either. There are other options
I think he said put it in the bank and wait for the RIGHT opportunity for you instead of just blindly throwing all of your money into the market.

May be a different interview, I didn't click the video, but he usually says that.
 

boxfullofjoel

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It depends on your goals.Are you looking to save money, not lose money, prepare for retirement at 65, acquire generational wealth or retire early? The greatest investor (Warren Buffett) in the market is not a big fan of diversification either. He is a value investor, his philosophy is to treat stock investments like an actual acquisition (if you had the money) and place a big bet on the that investment. Figure out your life goals first then your investment should align with them.
 
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