You Win Perfect
bow down
i made a good amount of money off of 4 companies that i invested in almost 10 years ago. 1* thread
The stock market is for suckers
- Thread starter BasketCase
- Start date
WHAT are those other options
Should have listened to @Bernie MadoffBy 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...
Real estate, partnering in other businesses, creating new businesses, etc.
Right but I can't just create a business out of thin air and what type of business....
Lmao sure you can. People do it all the time. There are several kinds of businesses. I'm not sure what you're into but if you let me know, I could probably help you narrow it down.
Also like I said you can invest in others business and partner with them.
BasketCase
Superstar
Part of business is figuring out that for yourself.
Exactly. Businesses are normally created from issues or inconvenience.
BasketCase
Superstar
And I made good money by the roulette table this year. Who gives a shyt. Still no edge to be had.
Menelik II
I wanna see receipts!
^^ This
What all you private investors need to understand. The market is a zero sum game.
By the market i mean the industry i.e. investment banks, commercial banks, hedge funds, proprietary funds. For all these guys its a zero sum game. - They have no idea where the market is going, financial maths is based on the premise that market moves are random.
The only reason the 'market' makes money year after year on average is due to the people out side of the market; governments, corporates, and private investors i.e. you.
you can do all there research, training, prayer but it won't make a difference- you can't beat the market in the long run, and the house always wins.
i certainly haven't felt like a sucker these past 8 years.
Breh, worse advice ever.
Been in the market longterm for 20 years. Mildly aggressive investments. Almost doubled the money put in.
Don't bullshyt with market timing or risky non-diversified investments.
Put your money in and rebalance the percentages as needed. Diversification is Key.
"Personal finance for dummies" Read this book years ago, brothers need to increase their knowledge base OR learn the hard way from someone in a random internet forum
Been in the market longterm for 20 years. Mildly aggressive investments. Almost doubled the money put in.
Don't bullshyt with market timing or risky non-diversified investments.
Put your money in and rebalance the percentages as needed. Diversification is Key.
"Personal finance for dummies" Read this book years ago, brothers need to increase their knowledge base OR learn the hard way from someone in a random internet forum
To be fair, he says to keep it in cash and when a crazy finance event happens and prices drop, then you buy.
