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Stock market for beginners

Dob't take any of my advice but IMO, Bonds are going to be only real reliably consistent route currently. I've lost about $2k a day on average in stock investments the past 4 weeks. I'm 41 so not too worried about it. Matter of fact, yesterday was single biggest loss for S&P in history. I upped my contribution. Trying to buy low. It's going to fall more but I'm averaging down over next 12-18 months.
 
I’ve lost 66K in my 401 thus far. Upped by contribution this am to buy more with the $. I’m early 40’s, so in this for a bit. I think we hit close to 18K before we see a sustainable bounce and not a dead cat bounce
 
Six Flags and stuff like that will probably have a record year . Folks usually like to celebrate after surviving something like the FluPocolipse

I'm buying Six Flags tomorrow. I've seen them pop up several times the last few days. No one is interested in going somewhere where a heavy population, but once this is over people will be desperate to get out of their homes and have a good time.
 
UGH, you literally copy/paste this in to any investment/money thread on this site. What do you do with your money? Bury it in the yard? Sitting on top of a treasure chest full of gold? I can assure you many people on this site have made money in the stock market, and increased their wealth portfolio's significantly. Yeah I know blah blah fiat currency it's all fake I don't actually have anything. :rolleyes:

Here, check out this tidbit from the linked article.

https://www.fool.com/investing/gene...ncy-what-it-is-and-why-its-better-than-a.aspx

What gold advocates ignore
Those who advocate for a gold or similar standard often use the argument that fiat currencies aren't really "worth" anything, since there isn't anything tangible that underpins its value. That's really not a very accurate description of a fiat currency, versus a gold standard. Simply put, the value of any currency, whether a commodity or a fiat currency, is only relative to what people think it's worth.

And gold hasn't exactly been stable or reliable in recent years:



GOLD PRICE IN US DOLLARS DATA BY YCHARTS.

What does that chart tell us? In times of uncertainty, people hoard gold. You can see it in the early '80s oil crisis and recession and the most recent financial crisis, when gold prices soared, only to fall sharply once the overall economic environment improved.

This situation is largely what led Franklin D. Roosevelt to sever the convertibility of U.S. currency and debt into gold during the Great Depression. Under the gold standard (especially when currency could be converted to gold), hoarding gold had a direct impact on monetary flow, hurting commerce and exacerbating recessions. By severing the link between gold reserves and currency, the Federal Reserve is better able to combat major economic shocks to the economy.

Think gold is a great investment? Historically, it really hasn't been:



GOLD PRICE IN US DOLLARS DATA BY YCHARTS.

The U.S. stock market has been a far superior long-term investment since Nixon severed the relationship between gold and the dollar in the 1970s. And since September 2012, gold has fallen 30%, while the S&P 500 has seen total returns of more than 77%.

Stability is key
It's fair to argue that the Federal Reserve's efforts to limit the impact of economic crisis could have unforeseen long-term effects, based on the additional money that has been put in circulation, versus a gold or silver standard that limits how much money circulates. The problem gets back to times of major economic crisis: When governments need tools to stop or reduce the harm, a commodity standard has historically had the opposite effect as people hoard it.

By severing the tie between a commodity that people tend to hoard in times of crisis and the value and supply of money, a fiat currency is a better alternative, but only so long as those pulling the levers of monetary supply keep the balance between supply and demand stable.

Here's the bottom line: Currency is a tool of trade. People tend to hoard gold and silver when things are uncertain, and that's harmful when it limits currency flows on a large scale. Removing the relationship between a currency and commodity doesn't create "worthless money."

It simply keeps panic from causing greater economic harm in times of crisis when people hoard the underpinning of a commodity currency and stop the wheels of commerce. And that makes a fiat currency far better than a gold standard.
holding physical gold is not a long term investment, it is merely a life insurance policy on your savings. It is the highly manipulated commodity-futures market that sets the spot price on gold. Distortion caused by the corrupt CTC drive the fiat-usd price down while the globalists (for lack of a better term) buy it up. Billions in cyberspace-fiat USD can be created with a keystroke: gold, silver and the like cannot cannot and have a 6000 year history as a trusted form of money.

Isn't it ironic that in stable times, stocking up on supplies is called "preparedness", but in interesting times, people who saw it coming and are prepared are demonized as "hoarders".

Your post has many of the benchmarks of MMT (Modern Monetary Theory) aided by rationalized envy, the primary driving force of socialism.
 
holding physical gold is not a long term investment, it is merely a life insurance policy on your savings. It is the highly manipulated commodity-futures market that sets the spot price on gold. Distortion caused by the corrupt CTC drive the fiat-usd price down while the globalists (for lack of a better term) buy it up. Billions in cyberspace-fiat USD can be created with a keystroke: gold, silver and the like cannot cannot and have a 6000 year history as a trusted form of money.

Isn't it ironic that in stable times, stocking up on supplies is called "preparedness", but in interesting times, people who saw it coming and are prepared are demonized as "hoarders".

Your post has many of the benchmarks of MMT (Modern Monetary Theory) aided by rationalized envy, the primary driving force of socialism.
WHAT!? :lol: what did anything I say show benchmarks of modern monetary theory? The heck are you smoking? The free market, specifically the stock market is the complete opposite of the driving force of socialism.
 
WHAT!? :lol: what did anything I say show benchmarks of modern monetary theory? The heck are you smoking? The free market, specifically the stock market is the complete opposite of the driving force of socialism.
it would be except it is not free due to corruption and distortions. It was a massive bubble kept afloat by money printing, just waiting for a pin to burst it. Once burst, bubbles rarely re-inflate. The Wuhan virus did not cause the markets to collapse, it was only a trigger that has been spun into mass hysteria so that the monetary collapse can be blamed on the virus and not the deep state, banking-miltary-industrial oligarchy who engineered it.
 
it would be except it is not free due to corruption and distortions. It was a massive bubble kept afloat by money printing, just waiting for a pin to burst it. Once burst, bubbles rarely re-inflate. The Wuhan virus did not cause the markets to collapse, it was only a trigger that has been spun into mass hysteria so that the monetary collapse can be blamed on the virus and not the deep state, banking-miltary-industrial oligarchy who engineered it.
Wow
 
Find yourself a blue chip company that pays a decent dividend with a reinvestment plan. Buy 1 share thru a broker so you don't have to pay a big commission (unless the co. will let you buy thru them) and buy more thru their plan, buying more stock as you go and reinvesting your dividends also. A solid company with a decent dividend that comes to mind at the moment is Southern Company. Their price has been going up and now it is a little high but they do pay well. Anything with this economy now is priced pretty high though. You just have to find one you like that will give you a good return.

Almost. I am a big believer in dividend paying stocks, however I would not recommend buying individual company stocks, especially for beginning investors. You lack time, skills and resources to compete with the big boys. Fortunately there are plenty of low cost high-dividend stock and utility ETFs available.

it would be except it is not free due to corruption and distortions. It was a massive bubble kept afloat by money printing, just waiting for a pin to burst it. Once burst, bubbles rarely re-inflate. The Wuhan virus did not cause the markets to collapse, it was only a trigger that has been spun into mass hysteria so that the monetary collapse can be blamed on the virus and not the deep state, banking-miltary-industrial oligarchy who engineered it.

Well, perhaps you can make an exception for Alcoa. :D

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