Dow Jones

[Omeletpants]

Occasionally I will post a bit of information of a 90 year progress chart that shows investing in the stock market is the most profitable long term investment someone can make. Then there a momentary downturn and the haters start cackling about the end of world stock market state. Of course the market then climbs higher as I predicted

Here is a chart that shows the market over the last year. The current numbers represent the high point in the history of the Dow Jones. The haters will stay in the background until we have another momentary blip

 

[Omeletpants]

Chart 1902 to now

 

[Ares]

I have money in the stock market, but only thru my 401k.

Ima wait for the next Great Depression and then buy in low

 

[Scoot26]

If only I was born in 1902.

 

[Ares]

If only I was born in 1902.

You would likely have been a coal miner or some such and died of disease before you hit 40, much less made enough money to invest in the right stocks that would have lasted till 2016.

 

[Scoot26]

You would likely have been a coal miner or some such and died of disease before you hit 40, much less made enough money to invest in the right stocks that would have lasted till 2016.

Depends which side of my family I was born into! If it's my mother's side, I'd agree!

If it was my dad's side, I'd likely end up in railroading or some decent middle class job. However I'd probably still die of disease at 40 something.

 

[Scoot26]

Like you would have money to invest in the stock market. Hahahahahaha

I did have money to invest in the market. I used my profits to put a down payment on a house.

I'm barely in the market anymore outside of my retirement accounts.

 

[Burque]

Occasionally I will post a bit of information of a 90 year progress chart that shows investing in the stock market is the most profitable long term investment someone can make. Then there a momentary downturn and the haters start cackling about the end of world stock market state. Of course the market then climbs higher as I predicted

Here is a chart that shows the market over the last year. The current numbers represent the high point in the history of the Dow Jones. The haters will stay in the background until we have another momentary blip

So your professional opinion is that everyone should just buy a dow ETF for all of their investments??

 

[Urblock]

Shut up Ommie.

 

[Omeletpants]

All time highest close in the history of the stock market happened today. Hope you haters have some investment in this vehicle

 

[Monster]

Yup. I've been maxing the tax deferred for awhile now. But at my age ups/downs aren't a big deal yet.

 

[AussieBear]

All time highest close in the history of the stock market happened today. Hope you haters have some investment in this vehicle

no longer in da market..paid off everythang instead.. we be debt free at 37.. may get into penny stocks in da future when i have mo time... idk it depends... i may be looking at starting some sort of biz and getting back to work... kids are expensive as ****. some extra funds to subsidize da lifestyle will go a long way.. i havent worked in roughly 5 years though and im not very motivated to grind day in and day out...

 

[Tater]

no longer in da market..paid off everythang instead.. we be debt free at 37.. may get into penny stocks in da future when i have mo time... idk it depends... i may be looking at starting some sort of biz and getting back to work... kids are expensive as ****. some extra funds to subsidize da lifestyle will go a long way.. i havent worked in roughly 5 years though and im not very motivated to grind day in and day out...

Sounds like life is good down under.

 

[AussieBear]

Sounds like life is good down under.

pros and cons... have the cake but i cant eat it at all.. plus im writing off some secured retirement years later on for some life now. we also have to sacrifice in certain areas...well unless i want to sell da house... the house is for our kid though... real estate in and around sydney is off the charts expensive.. its not even just about the price in some cases, but what your are getting for the price... if we dont hand it down, he may never be able to afford one unless he wants a lifetime of debt or gets lucky and makes da big dollas.

check out this shit box for 1.1 mil.. sure the location is decent but it basically represents sydney and its metro areas in general...

http://www.cosmopolitan.com.au/health-lifestyle/lifestyle/2016/2/sold-derelict-house-sydney-/

i feel blessed though... for realz... where i started in life and my journey until now.... a lifetime channel made for tv movie nobody would watch

 

[Raskolnikov]

Just looking around the raises to the one percent, including the sports world, you can see the control sector has strategized to appease the american people with $15 minimum wage. To compensate this, they have already squeezed us with increased rent, raised interest rates, and much higher prices on new and used vehicles, plus most products not including basic food staples and oil.

After minimum wage is moved to 15 to calm the revolting masses, expect staples to double and oil to triple from 40 to 120. This will make the oil industry in America very happy and blow away the moral resistance to fracking so they can do what they want.

Then the housing market and dow jones will crash hard...I could see 12,000 even, a huge crash to reset the market. The housing cycle has been every 20 years, but I think things are accelerating as the exploitive forces really like to play that game and they see their time running out with socialist forces and american revolt on the horizon.

gotta force Hilary in to make it all happen at least one more time, and finish the depletion of the great American giant. Then we will finally be forced to meet a strict globally fair energy quota, as well as meet fair global currency values, and the social issues we have from allowing propoganda instead of education will really reveal themselves as Americans have no idea how to be poor.

We are all fucked. Dig holes. Stock them with water. the globe is about to go mad.

 

[Spunky Porkstacker]

Just looking around the raises to the one percent, including the sports world, you can see the control sector has strategized to appease the american people with $15 minimum wage. To compensate this, they have already squeezed us with increased rent, raised interest rates, and much higher prices on new and used vehicles, plus most products not including basic food staples and oil.

After minimum wage is moved to 15 to calm the revolting masses, expect staples to double and oil to triple from 40 to 120. This will make the oil industry in America very happy and blow away the moral resistance to fracking so they can do what they want.

Then the housing market and dow jones will crash hard...I could see 12,000 even, a huge crash to reset the market. The housing cycle has been every 20 years, but I think things are accelerating as the exploitive forces really like to play that game and they see their time running out with socialist forces and american revolt on the horizon.

gotta force Hilary in to make it all happen at least one more time, and finish the depletion of the great American giant. Then we will finally be forced to meet a strict globally fair energy quota, as well as meet fair global currency values, and the social issues we have from allowing propoganda instead of education will really reveal themselves as Americans have no idea how to be poor.

We are all fucked. Dig holes. Stock them with water. the globe is about to go mad.

The housing market in and around Chicago is still mired in and around levels from the 07/08 crash. For what it's worth, I'd be surprised if the minimum wage gets raised to 15 dollars, to much resistance from big money.

 

[ZOMBIE@CTESPN]

The stocks I own that are at all time highs I've sold off this week and put the money in a few lagging areas of the market hoping to get a profit from it. As long as they don't raise interest rates only way to make money is high dividend stocks.

 

[Raskolnikov]

The housing market in and around Chicago is still mired in and around levels from the 07/08 crash. For what it's worth, I'd be surprised if the minimum wage gets raised to 15 dollars, to much resistance from big money.

no...its big money who has laid the plan. They already conceded to themselves they would have to do something, which is why you see the wheels turning on inflation pretty hard. By the time they give us 15, it will be worth 10.

 

[DC]

Denver's housing market is crazy. And they can't build condo/town homes quick enough. Traffic is getting terrible everywhere in the South Metro area.

Other than that, I invest a little in Roth IRAs, and 529 plans. I dabble in penny stocks for fun and the occasional score. Thanks, NHMD, you scam you!

 

[Raskolnikov]

and I don't believe raising minimum wage will do much except raise the price of staples and gas and bump inflation a bit more. America is poor, changing the numbers doesn't make more food, it just gives EVERYONE more money to buy it.


So you guys with money should be projecting ways that will be effecting commodities and make your play if and when legistlation and something like an 80% increase nationally will do.

Lot of money to be made there.