Silly thing heard during the Republican debates

No, there's NO excuse at all for your overall portfolio to lose money when the Dow shoots up 3000 points. None.

In the real world you can lose a buttload of money no matter what the market does. You can believe otherwise if you want.
 
Yes, I'm sure you know more than everyone who loses money. I mean what do those stock brokers and investors knows? They aren't fake internet doctors.



A personal retirement portfolio should be grounded in mutual funds and tuned to acceptable risk. Diversity is basic. 100% of people who knew even halfway what they were doing when the stock market took this leap came out ahead. No stock broker needed.

Do it in lazy mode and buy an index fund and you banked a ton of cash.
 
None of them will 'fess up and say that "privatizing" Medicare means a lot less medical coverage and a lot more money out of the pockets of seniors on fixed incomes. And a lot more Medicaid enrollment.

I know you're one of the most prominent and eminent economists on all of lit.

I'll let my Mother know about this shit....:rolleyes:
 
Love how the republican party became anti-war as soon as the Dems came into power.
 
I know you're one of the most prominent and eminent economists on all of lit.

I'll let my Mother know about this shit....:rolleyes:



My wife and I have a portfolio of just under a million dollars so yes, I went out and took a class, read several books, and hired a financial consultant who I have contact with regularly. Compared to the personal investment knowledge that's displayed by the average Lit member, yes I'm a genius in comparison.
 
A personal retirement portfolio should be grounded in mutual funds and tuned to acceptable risk. Diversity is basic. 100% of people who knew even halfway what they were doing when the stock market took this leap came out ahead. No stock broker needed.

Do it in lazy mode and buy an index fund and you banked a ton of cash.

Not really. Keep the faith though.
 
Huh? Who loses money when the Dow rises 50%? Name one person or entity.

Same people who lose money any other time. There is no such thing as a surefire time to invest or make money. It depends on many factors. You can pretend to be some super investor if you want.
 
I turned off the stream right after I found out--the hard way, thank you very much--that I am most likely God. Who won the debate?

And don't give me the 'if you're God and you know everything, why don't you know that' bullshit, or I swear to me I will smite the living shit out of your asseth.
 
Same people who lose money any other time. There is no such thing as a surefire time to invest or make money. It depends on many factors. You can pretend to be some super investor if you want.


We're not talking about general investing. We're talking about investing during the time the Dow surged from 8,000 to 12,000. And yes, given that fact, anyone can make money, period. Buy a lazy index fund. Every single retirement portfolio necessarily increased in value.

Sorry, but you're just flat wrong. Retirement portfolios are diversified and they all rode the surge. There's literally a zero percent chance that they lost money.

If you and Jen want to believe that she lost money, you're going to do it no matter what. Neither of you know a lick about investing apparently. But if Jen lost money when the Dow surged 50% in value, she's not going to make money in any situation.
 
I turned off the stream right after I found out--the hard way, thank you very much--that I am most likely God. Who won the debate?

And don't give me the 'if you're God and you know everything, why don't you know that' bullshit, or I swear to me I will smite the living shit out of your asseth.


There was no debate. There was no countering each other's positions except for one or two things Ron Paul said. The rest was just the same tired crap they've been saying for the last two years - God is good, Obama is bad, and we need to cut spending on benefits while somehow not cutting benefits themselves.

And we need to cut taxes and running far the fuck away from the fact that tax cuts increase the deficit.

None of them looked presidential at all. They looked exactly like they always have - a bunch of republicans nipping at Obama's heels.
 
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We're not talking about general investing. We're talking about investing during the time the Dow surged from 8,000 to 12,000. And yes, given that fact, anyone can make money, period. Buy a lazy index fund. Every single retirement portfolio necessarily increased in value.

Sorry, but you're just flat wrong. Retirement portfolios are diversified and they all rode the surge. There's literally a zero percent chance that they lost money.

If you and Jen want to believe that she lost money, you're going to do it no matter what. Neither of you know a lick about investing apparently. But if Jen lost money when the Dow surged 50% in value, she's not going to make money in any situation.
You act as if that period was preordained, and advertised in advance with flashing neon signs that said, "Dow To Increase 50%! Invest Accordingly!"

You know now that's what happened. And yes, anyone investing in an index fund would, as of today, have done well.

But that's meaningless, just as the arbitrary end-date of today is meaningless. Are you selling your index funds today, or are you holding on to them? If it's the latter, you have the absolute potential to lose every penny you invested, tomorrow. You haven't earned anything yet. You've only shown gains in your investment.

You keep implying other people don't know anything about investing, but you haven't said anything that indicates even the most basic knowledge of it.
 
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