Very True. Most of these experts want you as their client so that they can loose it for you. Why pay someone when I can loose myself. Ones success in investment is proportional to time one is able to spend on understanding the market trends and the securities available to be invested in.
They normally market during volatile period like this.
Retail investors are less knowledgeable about market, gets easily scared with such volatility. Fund managers tell them, āHey market is volatile, may result you a loss, come to me, your funds many be protectedāā¦This is their agenda.
The fund managers must make profits for their clients, otherwise no one will be with him ! It is their profession and survival.
However, if retail investor properly work/do their homework, they can also win. It just takes time to master the art. Any one with high school (even 8th grade math) can easily invest and get benefit.
Maggiulli pointed to the old saying: āIn bear markets, stocks return to their rightful owners.ā
Why are @manch and @Jane spending so much time and $ in their children education?
Pathetic, waste of time to read such posts => Shawn Langlois, Social-media editor, is an editor and writer for MarketWatch in Los Angeles.
It is not worth even single cents !
They never really explained how a $80K per year college is better than a $10K per year college. I am still waiting for that answer other than that if you have tons of money you could and should do that. Not all decisions are driven by economics, some are driven by passion.
Thereās too much back and forth here for it to be over. Have we all forgotten Christmas 2018? It was quiet.
Thought such decisions were driven by societal norms
Depends how your economic values are governed. Do you want to keep up with Joanses, or even beat them? Where your locus of control is? Is it within you or outside? Does someone else make decisions for you indirectly?
For a moment I thought this is an education or social science thread
Me, I try to conform to societal norm. Society wants me to go to school, I went. Then it wants me to get a job, I went to work. Then it wants me to get married, I married a woman. Then it wants me to have children, so I worked hard to have two. Then it wants me to care for them till adults, so I did. Then society wants me to make way for the young, so I hide in a cocoon. I know what society wants me to do next
I agree. Thatās why I said:
āI think itād be an administrative nightmare to do quickly, but helping people with lost wages due to quarantine or business closure would be good. Iām just not sure how you quickly implement, verify, and distribute the money. Fastest way would probably be to block grant money to states and use the existing unemployment insurance infrastructure. Pay the money now and verify eligibility later as work load allows. Those people need money more than a payroll tax cut for people that are still working.ā
The issues how do you quickly do it without so much administrative overhead that it takes forever to help them.
I expect initial talks of stimulus to fail the way TARP failed the first time. Thatāll lead to a huge flush before they actually get something passed.
I still think the higher issue is oil. Thereās an optimism OPEC+ will come to an agreement to stabilize oil prices. People who get optimistic about OPEC are usually disappointed.
@Jil is stalking me other than the title, I didnāt read the content yet. You are right, most articles ended up telling to subscribe
Btw, thought some bloggers need some entertainment
Wow. They are considering 0% payroll tax for the rest of the year. That would blow a huge hole in the deficit. I donāt see Democratās agreeing, since itād obviously help higher earners more.
So how will social security and medicare be funded when payroll tax drops to zero?
Stock rebounded today, but the bottom might be in yet.
That is nuts. If I were Biden I would weaponize this.
You may arrive at same conclusion by thinking independently or by submitting yourself to group think and accepting the conclusion of the group. Nothing wrong in group think or independent thinking. How do you resolve when the group think diverges with your personal conclusion? It is matter of style and shows up in your choices. Which car to buy, which stock to pick, which job to do, where to invest, where to live, where to send children to school etc.
I know a group of 10 people who moved to San Ramon from south bay within a period of 6 months. Someone made a decision, and the rest followed.
Forgot the not? between might and be?
Win the election first. Worry about how to top it up later. Tariff wars againstā¦