darn it bush stop ruining the stock market

[#Ravencroft]

Is value related to owned assets and profit?

Also yeah, stuff is unstable short term

It's not necessarily unstable short term. It may seem that way close up, but when you view the change on a five year graph it's pretty minuscule. The longer term trend is definitely more important.

[Ad Bot]

[Bisjac]

well everything after when nixon took us off the gold standard is irrelevant to real wealth value.
or you can go even further back about 100 years to when we let the federal reserve take control of all USD and print fake money from then on without oversight or limit.

stocks arent based on real growth or value. they are based on what the dumb sheep feel at any given moment. then exploit it at that moment.

[Oasis]

And the rich get richer slightly poorer.

[Blockzillahead]

isn't that good? buy low sell high?

[SWAT One]

Damnit.

[Foxscotch]

I can't read stock
How bad is it

can you read charts? if you can, all you need to know is that higher is better

[$trinick]

isn't that good? buy low sell high?

The 'buy low sell high' canon generally refers to the ideal concept of purchasing stocks. The real method investors use is actually 'buy high, sell higher.' The fact that the stock is low in the first place is cause for concern.

[Oasis]

well everything after when nixon took us off the gold standard is irrelevant to real wealth value.
or you can go even further back about 100 years to when we let the federal reserve take control of all USD and print fake money from then on without oversight or limit.

stocks arent based on real growth or value. they are based on what the dumb sheep feel at any given moment. then exploit it at that moment.

Didn't you make a bunch of money in stocks or was it metal? lol

[$trinick]

Considering it's Bisjac I would assume he made money off commodity metal trading.

[Bisjac]

Didn't you make a bunch of money in stocks or was it metal? lol

yus i rocked the stocks

i do metals MORE now since the markets are bullstuff and falling apart. even some low level personal trader like me can feel the difference from 8 years ago lol.
real stock trading is done by brokers with fancy software that makes 500 trades per minute automatically. with no human input at all. its all robots predicting and moving money now.
technically if you look very closely at a more zoomed in detailed chart, the stock market completely crashes about 20 times a day lol. but no human attention to be had, so it recovers a second later by more trades and no reactions.

[Oasis]

yus i rocked the stocks

That's an awesome band name.

i do metals MORE now since the markets are bullstuff and falling apart. even some low level personal trader like me can feel the difference from 8 years ago lol.
real stock trading is done by brokers with fancy software that makes 500 trades per minute automatically. with no human input at all. its all robots predicting and moving money now.
technically if you look very closely at a more zoomed in detailed chart, the stock market completely crashes about 20 times a day lol. but no human attention to be had, so it recovers a second later by more trades and no reactions.

Yeah, I had an economics teacher in high school that was into stock trading and he would constantly tell us about how unfair and stuffty it was that trading at that quantity and speed was allowed.

[Brickitect]

whoopsie, double post

Who gives a forget if someone double posts?  Was "no double-posting" in the rules?  Because I didn't see it there.

It's just ridiculous that people make a big fuss out of something this small.

[$trinick]

Who gives a forget if someone double posts?  Was "no double-posting" in the rules?  Because I didn't see it there.

It's just ridiculous that people make a big fuss out of something this small.

It's just a general respect thing. If you already have a spot for a comment you don't need to take another. It's pointless and a waste of screen real estate. I was meaning to edit it in to my post above that after a [hr] but forgot to and hit post without thinking when I finished typing.

[Badspot]

I'd refer to Warren Buffet's 2014 shareholder letter.

TLDR: Valuations fluctuate on whim, but production is real.  So concentrate on owning things that actually produce.

I have a significant amount of stock and the valuation has gone down, but the dividends that have paid out aren't going anywhere.  It's unlikely that all of American production is going to be swallowed up into the void, so when the valuations come back up I'll still be here.  Or we'll be living in mad max so it won't matter. 

[DrenDran]

Thanks, Obama.