|
Forums59
Topics1,039,146
Posts13,959,963
Members144,192
| |
Most Online39,925
Dec 30th, 2023
|
|
 Re: Stock Market
[Re: DI]
#14361031
05/05/22 09:35 PM
|
Joined: Mar 2006
Posts: 8,143
reeltexan
TFF Celebrity
|
|
TFF Celebrity
Joined: Mar 2006
Posts: 8,143 |
I’m convinced market is all BS. I see it gain then give it all back and repeat. Need to find other investments. buy land, precious metals and collect something with long term value.
"..The pleasantist angling is to see the fish
Cut with her golden oars the silver stream,
And greedily devour the treacherous bait.
Bill Shakespeare![[Linked Image]](http://s4.postimage.org/f0dhseas/P1120145.jpg)
|
|
|
Re: Stock Market
[Re: T Bird]
#14361119
05/06/22 12:35 AM
|
Joined: Apr 2010
Posts: 26,161
patriot07
TFF Guru
|
|
TFF Guru
Joined: Apr 2010
Posts: 26,161 |
Over 90% of the world's millionaires became millionaires by investing in real estate. The market is a sham except for a very, very select few ultra-rich folks
Life can only be understood backwards; but it must be lived forwards.
- Soren Kierkegaard
|
|
|
Re: Stock Market
[Re: T Bird]
#14361151
05/06/22 01:25 AM
|
Joined: Dec 2011
Posts: 2,522
JCBYEN
Extreme Angler
|
|
Extreme Angler
Joined: Dec 2011
Posts: 2,522 |
Probably be at 40k if the Dems hadn't stolen the election.
|
|
|
Re: Stock Market
[Re: Minner Bucket]
#14361154
05/06/22 01:28 AM
|
Joined: Jan 2007
Posts: 14,636
Happykamper
TFF Guru
|
|
TFF Guru
Joined: Jan 2007
Posts: 14,636 |
The only stocks I own have steel barrels mounted on them, real estate is where its at, they stopped making land a long time ago. I am not smart enough to mess around in the stock market, I barely made it out of high school.
|
|
|
Re: Stock Market
[Re: patriot07]
#14361155
05/06/22 01:30 AM
|
Joined: Jun 2020
Posts: 11,133
grandbassslayer
TFF Guru
|
|
TFF Guru
Joined: Jun 2020
Posts: 11,133 |
Over 90% of the world's millionaires became millionaires by investing in real estate. The market is a sham except for a very, very select few ultra-rich folks No it’s not- you can become a millionaire by doing both or either one. I’ve got mutual and index funds I’ve been in for 20 years, rentals as well. They both get you there.
|
|
|
Re: Stock Market
[Re: reeltexan]
#14361157
05/06/22 01:31 AM
|
Joined: Jun 2020
Posts: 11,133
grandbassslayer
TFF Guru
|
|
TFF Guru
Joined: Jun 2020
Posts: 11,133 |
I’m convinced market is all BS. I see it gain then give it all back and repeat. Need to find other investments. buy land, precious metals and collect something with long term value. What good would precious metals be if the stock market went to zero?
|
|
|
Re: Stock Market
[Re: T Bird]
#14361181
05/06/22 02:05 AM
|
Joined: Jan 2008
Posts: 13,594
Fishspanker
TFF Guru
|
|
TFF Guru
Joined: Jan 2008
Posts: 13,594 |
Market does good over time. You can’t let a year or so bother you too much. Position in stable for bear market.
The Sheep who only fears the Wolf is eaten by the Shepherd.
|
|
|
Re: Stock Market
[Re: T Bird]
#14361194
05/06/22 02:16 AM
|
Joined: Oct 2004
Posts: 1,537
Cmack
Extreme Angler
|
|
Extreme Angler
Joined: Oct 2004
Posts: 1,537 |
I checked my Mutual fund balance day before yesterday for the 1st time this year.......Ouch! down 65K YTD. I knew better, I just knew better.I'll wait a few months before trying that again.
|
|
|
Re: Stock Market
[Re: grandbassslayer]
#14361200
05/06/22 02:28 AM
|
Joined: Sep 2006
Posts: 10,034
Spiderman
TFF Guru
|
|
TFF Guru
Joined: Sep 2006
Posts: 10,034 |
I’m convinced market is all BS. I see it gain then give it all back and repeat. Need to find other investments. I’m putting all of my money in frozen concentrated orange juice futures I’m convinced market is all BS. I see it gain then give it all back and repeat. Need to find other investments. buy land, precious metals and collect something with long term value. What good would precious metals be if the stock market went to zero? Gold and silver would be very valuable, they always have been. Looked what the dollar would buy today if it was still backed by gold like in the past. The US dollar is only valuable because politicians say so, what does that tell you?
Last edited by Spiderman; 05/06/22 02:29 AM.
The Truth is six of the seven Dwarfs are not Happy!
|
|
|
Re: Stock Market
[Re: Spiderman]
#14361577
05/06/22 04:59 PM
|
Joined: Jun 2020
Posts: 11,133
grandbassslayer
TFF Guru
|
|
TFF Guru
Joined: Jun 2020
Posts: 11,133 |
I’m convinced market is all BS. I see it gain then give it all back and repeat. Need to find other investments. I’m putting all of my money in frozen concentrated orange juice futures I’m convinced market is all BS. I see it gain then give it all back and repeat. Need to find other investments. buy land, precious metals and collect something with long term value. What good would precious metals be if the stock market went to zero? Gold and silver would be very valuable, they always have been. Looked what the dollar would buy today if it was still backed by gold like in the past. The US dollar is only valuable because politicians say so, what does that tell you? We’d have societal collapse if the market was zero. Lead would be much more valuable than gold. To keep gold around thinking it’ll make a difference is fear mongering.
|
|
|
Re: Stock Market
[Re: grandbassslayer]
#14361586
05/06/22 05:09 PM
|
Joined: Apr 2014
Posts: 8,384
Jpurdue
TFF Celebrity
|
|
TFF Celebrity
Joined: Apr 2014
Posts: 8,384 |
Over 90% of the world's millionaires became millionaires by investing in real estate. The market is a sham except for a very, very select few ultra-rich folks No it’s not- you can become a millionaire by doing both or either one. I’ve got mutual and index funds I’ve been in for 20 years, rentals as well. They both get you there. I agree. I've had some funds I've owned for twenty plus years as well. I get nice ~8% ish annual returns on average. Let it fall I've got a war chest loaded into settlement account I'm ready plow in over the next couple of months.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
|
|
|
Re: Stock Market
[Re: T Bird]
#14361894
05/07/22 01:52 AM
|
Joined: Jun 2005
Posts: 44,554
a777pilot
TFF Guru
|
|
TFF Guru
Joined: Jun 2005
Posts: 44,554 |
Just remember that you do not gain or lose anything till you sell.
The market, over any 30 year period, makes a gain.
Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!
|
|
|
Re: Stock Market
[Re: T Bird]
#14361922
05/07/22 02:43 AM
|
Joined: Feb 2006
Posts: 909
Alumacraft 14
Pro Angler
|
|
Pro Angler
Joined: Feb 2006
Posts: 909 |
Oil stocks my friends....DVN and MRO has made me more money in one in a half years then the last 8 with regular old ETFS. Gotta love it.
|
|
|
Re: Stock Market
[Re: T Bird]
#14361986
05/07/22 06:54 AM
|
Joined: May 2011
Posts: 434
redace1
Angler
|
|
Angler
Joined: May 2011
Posts: 434 |
Wait, Wait, Wait. What about the orange juice business>>
I like orange juice and waffles...
Who doesn't is the real question here....
Momma always said......
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2019/09/full-13-25504-logo.png){kind=logo}
