Investing: Avoiding Working Until You Die

The key is actually trading short term...3 hours......

In a fast moving market, ya take profit when ya see it.....

From an old pro from the 60s.....we are at the end of the epoch.....teotwawki.....listen to me now and believe me latee.....

I think these are all good long term strategies for investing but if you wanna make money now learn options trading.

I like Tim Sykes philosophy on investing. Wait for the opportunities and take them. Cash is a position.

a reply to: GBP/JPY

Did you see Apple's stock price increase in value after they released their earnings report? They lost 12 billion in iPhone sales in the US, stock goes up.

Where's the fundamentals?

a reply to: toysforadults

Well, this isn't really for covering derivatives.

Derivatives tend to be a traders tools. As in day traders. That's not exactly beginning level.

a reply to: projectvxn

It's not entry level that's for sure but you can learn options trading fairly easily and if you are tuned into politics and the news cycle you can short stocks.

You do lose though. So have to be prepared to lose money.

a reply to: projectvxn

I think long term investing is the best way to be able to retire early...and be comfortable.

But what about those nearing or over 60?
Is it too late?
Avoid the market?
Seems to me, at some point you have to minimize risk?

a reply to: DontTreadOnMe

Well now that the Fed has taken a neutral or dovish position on interest rate hikes this year you can almost gaurentee that the DOW will be bullish in the short term, also gold will go up and inflation will increase.

You can take a position to make money on those simple details right there.

a reply to: toysforadults


You have third party risk in Crypto, and now you have it in the stock market. You even now have it in the banks with the bail in laws. If it was a free market you could take the risk, but if the game is rigged its a mugs game. They are killing the economy by taking the liquidity out.

a reply to: Dfairlite

And Starbucks/Tim Hortons.....instead of buying a coffee pot!

a reply to: anonentity

Yea we are in a really bad position. When the market isn't following fundamentals there's a major problem.

I think the Fed said they are changing their balance sheets and look at what happened with Wells Fargo recently.

The market is totally rigged and the small guys are getting eaten up.

a reply to: DontTreadOnMe

You see, this is what makes me so angry about how we've approached economics since the 1960s. We're a spendthrift society. Flagrantly so and we don't believe in investing for the future. We've screwed our seniors, we've screwed ourselves, but there can be ways to break out of this.

There are entire new sectors of the economy emerging. The tendency for older folks to avoid new things is going to have to change. Especially for those approaching retirement age who never had a plan to begin with.

Social Security was never meant to be a retirement account. But an increasing amount of seniors are relying on SS payments that would make or break them on a month to month basis. The rate of change in the economy is such that many people of all ages are being left behind.

I blame that on a long-term disinterest in the power of education and the continued use of an antiquated education model that is centralized and also cannot keep up with the rate of change in the economy. We need a system wide update and reboot to meet the demands of the coming century. That's what the Machine Economy is really all about.

Part of that change is educating people on what it really means to be an owner of something.

a reply to: toysforadults

The older one gets, the less risk one is comfortable assuming.

A lesson for those who still have 20-30 years to invest.

a reply to: DontTreadOnMe

Well, I mean if the Fed is raising rates then gold SHOULD go down, and it did go down. If the Fed isn't raising rates gold will go up.

The Fed starts increasing it's balance sheets and buying up bad corporate debt and creating more subprime bubbles like how it's been propping up the auto industry.... the DOW will go up because of inflation not actual growth.

See this is the problem with the economy. If the Fed wasn't making lending easy then we would be in a MASSIVE delfationairy period which is what the seniors on SSI and the Mill's trying to buy a house need but the Fed won't let it happen.

You see, we aren't actually capitalist we this like, psuedo socialist/ centrally planned economy and small business owners are at the short end of the stick.

originally posted by: toysforadults
a reply to: projectvxn

It's not entry level that's for sure but you can learn options trading fairly easily and if you are tuned into politics and the news cycle you can short stocks.

You do lose though. So have to be prepared to lose money.

It's not easy. That's why they don't give brand new traders the keys to the big accounts on their first day on the job. They put em in penny stocks with 300k and hope he has a brain.

For regular folks who have to works jobs between stock quotes the options market is entirely too risky. Your response rate has to be down to less than a minute on any given trade. You have to already have a lot of know-how in the sector(s) you're trading in, and in many cases, you have to match or beat an algorithm in terms of predicting patterns and knowing when to place your options contracts.

This isn't a discussion that could possibly cover that. It isn't relatively easy. It's hard and not a hill worth climbing for most people. What we're REALLY discussing is ACCESS.

I want people to know that these things are accessible and that they can, in fact, learn about all of those things to their own benefit. But it doesn't have to be the deep end right away. Fundamentals and comfort with watching rise and fall cycles without fear-selling what is supposed to be a medium or long-term position is already a fantastically difficult skill for many to learn.

a reply to: toysforadults

That's exactly true.

But at least we should learn to navigate this crap.

a reply to: projectvxn

I hear what you are saying. I think the best place to start and the safest way to make money is in the commodities markets and watching the Fed.

The price of gold moves very slow. You can buy in low and sell high based simply on watching the Fed which you can do for 10 minutes a day.

You won't build large volumes of liquidity fast but over periods of 10-15 years you can cash in large %'s. Cash/ currency isn't the easiest market to understand but you can do it with a just a few years of paying attention to what makes those markets tick and it's mostly the Fed.

a reply to: toysforadults
How millenials spend their money CNBC(sorry)

According to a new report from Charles Schwab, millennials spend more than other generations on comforts and conveniences like taxis, pricey coffee and dining out.

Sixty percent of millennials admit to spending more than $4 on coffee, 79 percent will splurge to eat at the hot restaurant in town and 69 percent buy clothes they don't necessarily need.

They source Charles Schwab - Schwab Modern Wealth Index

originally posted by: projectvxn

originally posted by: InTheLight
a reply to: projectvxn

We were the losers in 2008 and do you know what? we won't do that again.

This is the defeatism I described.

Thank you for showing it to others so vividly.

Obviously this thread isn't for you. Though I wish it would be.

As usual you missed who I am because you are scripted. Obviously my wisdom is not for you.

a reply to: InTheLight

As usual you missed who I am because you are scripted.

Don't make accusations.

Obviously my wisdom is not for you.

You didn't really say anything.

originally posted by: toysforadults
a reply to: GBP/JPY

Did you see Apple's stock price increase in value after they released their earnings report? They lost 12 billion in iPhone sales in the US, stock goes up.

Where's the fundamentals?

The paid services and subscription services side of Apple has seen marked increases.

They expect over half a billion users in the coming year or two. That has investors continuing to pour money into their stock.