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lol kids
just because a stock is worth a lot dosnt mean its a good investment.
maybe a decade ago it was, but investing is to be done in something that has growth in the future...
why on earth would you buy into something that has peaked.
just in apple.
the entire point of investing is growth. if you just wanted to put your money where its not going to do anything at all, might as well leave it in the bank.
companies are trapped in the infinate growth paradigm. and its impossible to keep it up.
they are only "successful" if they make more income then the year before. apple has peaked. a new product will spike it for a month or so, but it will go back down again very quickly.
you guys are only stock-witted enough to see a big number on a company name, i wouldnt trust any of you to trade at the right times, in the matter of hours usually lol
edit. actually you CANT trade by the hour unless you are a broker yourself, or pay crazy fees and belong to crazy subscriptions through brokers.
you are forced to trade at the end of the day when market closes. and you are forced to make a bid based on what you THINK the market will reopen at.
that is not safe for high value stock. if your not trading by the hour, you dont belong there.
are you saying it's a waste of money to invest, period? or just in apple?
just in apple.
the entire point of investing is growth. if you just wanted to put your money where its not going to do anything at all, might as well leave it in the bank.
companies are trapped in the infinate growth paradigm. and its impossible to keep it up.
they are only "successful" if they make more income then the year before. apple has peaked. a new product will spike it for a month or so, but it will go back down again very quickly.
you guys are only stock-witted enough to see a big number on a company name, i wouldnt trust any of you to trade at the right times, in the matter of hours usually lol
edit. actually you CANT trade by the hour unless you are a broker yourself, or pay crazy fees and belong to crazy subscriptions through brokers.
you are forced to trade at the end of the day when market closes. and you are forced to make a bid based on what you THINK the market will reopen at.
that is not safe for high value stock. if your not trading by the hour, you dont belong there.
lol... you guys had to learn the hard way. playing with fake money to get rich and you all look like fools.
even the fact that a single user did this is suspicious. cant be trusted. or the fact that a single user CAN do this at all.
the entire point was supossed to be an alternative to fiat currency(ies)
yet everyone who uses the things, compare it's value, and the value of things they can buy with the bitcoins.... to the USD
so its all a failure already.
they use an escrow account instead of a barter like USD cash would. except since bitcoins are not a dept based IOU, the concept is broken.
(cant have escrow type trade without a dept-note of some kind)
the entire thing is a sham.
#2 reason they are a sham. they froze trading. you do not do that for a correction. for any type of currency.
they are only shooting themselves in the foot for doing so.
a real successful currency would be a LOW number compared to other currencies. not higher lol.
and that currency would also have MORE buying power, regardless of small number size.
when you brag about having lots of value, yet it can still only buy what usd values it to buy. then it is fake and has failed lol
yet they alone exploited the whole system for their own greedy gain. and it worked.
it looks like the bitcoin experiment has failed. there will always be bankers or brokers that will cheat and control it all.
i buy gold coins with all my uneeded income. holds value or grows faster then a bank can do. and it takes a whole extra errand to go out and liquidate it, so a person couldnt so easily spend it away without thinking about it.
Open a "premium active trader" etrade account, with a standard cash (non margin) security.
Then link a checking account from your home bank and transfer it all in.
Cept DON'T buy anyhthing with it, just keep it in your brokerage cash unused index.
It earns cash interest DAILY. And in a month it can be 200
Then continue to sit on it till you have 1000.00
Then anything >1000 you earn daily, use that to buy random stock to practise with
"good" bank interest rates would be like 5% yearly
$100 a paycheck saved would add up roughly $2,600.00 a year.
after 40 years you could FINALLY hit your 100k base amount. (only slightly sooner thx to the awesome interest helping out) then we can start to see how we live off it...
wow. 5k a year profit.
well i am wrong. you CAN keep up with inflation. but you earned NOTHING.
and you certainly cannot live off that
another 40 years later, still not enough a year to live on.
a penny saved is a penny wasted
the fact is;
money helps you earn money.
if you are saving it, its not earning. and you are failing
im not gonna pretend to be pro at it lol.
my advice may not even be good. it could have just worked for me, or i was lucky or just had the opportunities at chance.
plus anything i could tell you guys would only apply to 18+ people anyways
plus my "wealth" (am i even rich?) didnt start with investing. i ran a successful internet business for about a decade.
THAT income i learned to invest with.
