Investing - where to start

[Fruitcake]

Screw equities, trade currencies.

Equities are often the issue of people with brains (ie, those who have built a business). Currencies are usually influenced by idiot moronic imbeciles (aka politicians). Their crass idiocy is so manifold it is not hard to learn where they are making the errors, QED it becomes quite easy to spot which way the market is going to go, especially when the bastard intellectual children of these politicians (aka the bankers) are involved. They are even more stupid.

In short, once you have learnt the rules then wait...short the fuckers until they asphyxiate, stomp on their brain dead skulls and shoot to the next idiot victim (sorry, that last word should read politician)

[loutil]

Screw equities, trade currencies.

Equities are often the issue of people with brains (ie, those who have built a business). Currencies are usually influenced by idiot moronic imbeciles (aka politicians). Their crass idiocy is so manifold it is not hard to learn where they are making the errors, QED it becomes quite easy to spot which way the market is going to go, especially when the bastard intellectual children of these politicians (aka the bankers) are involved. They are even more stupid.

In short, once you have learnt the rules then wait...short the fuckers until they asphyxiate, stomp on their brain dead skulls and shoot to the next idiot victim (sorry, that last word should read politician)

Let me translate...buy YCS. This is a leveraged short of the yen x2. Japan has stated its economic policy is to weaken the Yen. This is easy money.

[nietzsche]

An ETF is already diversified, don't be a pussy get 1 or 2 ETFs not more.


S

Seriously? You clearly have no idea of what you speak. ETF's are not diversified by their nature. You should study correlations. Especially with equities. This lesson was learned quite well back in 2008/2009. Large cap, mid cap, small cap, domestic, international, value, growth...it did not matter. All those classes of stock went down approximately the same. That is NOT diversification. Non correlation is the only real way to diversify in the market.

Well, they are diversified by industries or whatever they are called. But I believe there are ETFs representative of the SP500 ?

A truly diversified portfolio would include real state, futures, bonds, gold, coins, currency, sex dolls and more.

But you point helps mine in this: to really know what you are doing you have to study hard, and have insider information. I read quite a bit, but never quite knew what was really going on, and I'm not stupid. I think. There was always something more that changed the direction. Something I could not figure out just by reading a SEC filling (I didn't read many, I gave up). I made some money at the begining but lost it all later, and when made some I think it was luck.

I guess he could try active trading because I believe those self-fulfilling profecies work to some extent.

But you are right though, I have little idea, that's why I gave up. I don't have enough money to spare to risk it that way to make it profitable to spend my time in it. Which makes your point stronger lol, if AoG just wants to put money away expecting to do perhaps 5% more than in the bank (in AAA bonds), he should diversify the most he can.

[DoomYoshi]

Too much day trading is done by computers to have any chance. However, if you are good at stats, use a statistical model to predict where the market is going at a per-second basis, factoring in the cost per trade and you can join the club.

Most of these programs have been gradually built over 20 years though. On some days they can account for 2/3 of all stock market trades.

ETFs is the correct way to go. Get 3 or 4 and don't do anything else. Most banks will loan you up to 100% of your investment (75% if you can't show that you have an income).

Rob small banks in rural Ohio - only 20% of bank robbers ever get caught, so you have better odds.

[loutil]

An ETF is already diversified, don't be a pussy get 1 or 2 ETFs not more.


S

Seriously? You clearly have no idea of what you speak. ETF's are not diversified by their nature. You should study correlations. Especially with equities. This lesson was learned quite well back in 2008/2009. Large cap, mid cap, small cap, domestic, international, value, growth...it did not matter. All those classes of stock went down approximately the same. That is NOT diversification. Non correlation is the only real way to diversify in the market.

Well, they are diversified by industries or whatever they are called. But I believe there are ETFs representative of the SP500 ?

A truly diversified portfolio would include real state, futures, bonds, gold, coins, currency, sex dolls and more.

But you point helps mine in this: to really know what you are doing you have to study hard, and have insider information. I read quite a bit, but never quite knew what was really going on, and I'm not stupid. I think. There was always something more that changed the direction. Something I could not figure out just by reading a SEC filling (I didn't read many, I gave up). I made some money at the begining but lost it all later, and when made some I think it was luck.

I guess he could try active trading because I believe those self-fulfilling profecies work to some extent.

But you are right though, I have little idea, that's why I gave up. I don't have enough money to spare to risk it that way to make it profitable to spend my time in it. Which makes your point stronger lol, if AoG just wants to put money away expecting to do perhaps 5% more than in the bank (in AAA bonds), he should diversify the most he can.

The portfolio I put up earlier is a good tactical portfolio that does not require much work or maintenance. It is balanced and well diversified. As a side note: I do this for a living .

[nietzsche]

An ETF is already diversified, don't be a pussy get 1 or 2 ETFs not more.


S

Seriously? You clearly have no idea of what you speak. ETF's are not diversified by their nature. You should study correlations. Especially with equities. This lesson was learned quite well back in 2008/2009. Large cap, mid cap, small cap, domestic, international, value, growth...it did not matter. All those classes of stock went down approximately the same. That is NOT diversification. Non correlation is the only real way to diversify in the market.

Well, they are diversified by industries or whatever they are called. But I believe there are ETFs representative of the SP500 ?

A truly diversified portfolio would include real state, futures, bonds, gold, coins, currency, sex dolls and more.

But you point helps mine in this: to really know what you are doing you have to study hard, and have insider information. I read quite a bit, but never quite knew what was really going on, and I'm not stupid. I think. There was always something more that changed the direction. Something I could not figure out just by reading a SEC filling (I didn't read many, I gave up). I made some money at the begining but lost it all later, and when made some I think it was luck.

I guess he could try active trading because I believe those self-fulfilling profecies work to some extent.

But you are right though, I have little idea, that's why I gave up. I don't have enough money to spare to risk it that way to make it profitable to spend my time in it. Which makes your point stronger lol, if AoG just wants to put money away expecting to do perhaps 5% more than in the bank (in AAA bonds), he should diversify the most he can.

The portfolio I put up earlier is a good tactical portfolio that does not require much work or maintenance. It is balanced and well diversified. As a side note: I do this for a living .

Not for long if you keep giving your advice for free

[/]

1.Invest in grapes
2.Make wine
3.Wait

[Army of GOD]

1.Invest in grapes
2.Make wine
3.Wait

>no profit

[Army of GOD]

Well, I'm now enrolled in a free online course called "Computational Investing" so we'll see how that goes.

Gotta learn Python in 20 days.

[BigBallinStalin]

Screw equities, trade currencies.

Equities are often the issue of people with brains (ie, those who have built a business). Currencies are usually influenced by idiot moronic imbeciles (aka politicians). Their crass idiocy is so manifold it is not hard to learn where they are making the errors, QED it becomes quite easy to spot which way the market is going to go, especially when the bastard intellectual children of these politicians (aka the bankers) are involved. They are even more stupid.

In short, once you have learnt the rules then wait...short the fuckers until they asphyxiate, stomp on their brain dead skulls and shoot to the next idiot victim (sorry, that last word should read politician)

Let me translate...buy YCS. This is a leveraged short of the yen x2. Japan has stated its economic policy is to weaken the Yen. This is easy money.

Agreed. That kind of monetary policy becomes predictable since it's so intertwined with politics (I mean, the central banks are totally independent of the politicians, herrderr).

What do y'all think about trading treasurys and national bonds?

Was it any surprise the ECB, IMF, and the EU Commission bought up those failing countries' bonds? It's not like they'd let the EU Project fail by letting Greece fail, so is such trading just as profitable--and relatively safe--as betting on currencies?

[loutil]

Screw equities, trade currencies.

Equities are often the issue of people with brains (ie, those who have built a business). Currencies are usually influenced by idiot moronic imbeciles (aka politicians). Their crass idiocy is so manifold it is not hard to learn where they are making the errors, QED it becomes quite easy to spot which way the market is going to go, especially when the bastard intellectual children of these politicians (aka the bankers) are involved. They are even more stupid.

In short, once you have learnt the rules then wait...short the fuckers until they asphyxiate, stomp on their brain dead skulls and shoot to the next idiot victim (sorry, that last word should read politician)

Let me translate...buy YCS. This is a leveraged short of the yen x2. Japan has stated its economic policy is to weaken the Yen. This is easy money.

Agreed. That kind of monetary policy becomes predictable since it's so intertwined with politics (I mean, the central banks are totally independent of the politicians, herrderr).

What do y'all think about trading treasurys and national bonds?

Was it any surprise the ECB, IMF, and the EU Commission bought up those failing countries' bonds? It's not like they'd let the EU Project fail by letting Greece fail, so is such trading just as profitable--and relatively safe--as betting on currencies?

Investing in foreign debt is by default a currency play. We use it as a hedge against the dollar. Although we would not choose the Euro . We hedge primarily with Canadian and Australian debt. Are Greek bonds a good bet? Maybe, but only if you believe the EU will continue to support them. Actually, only if you believe Germany will continue to support the entire Euro system...
It is also possible for Greek debt to strengthen and you still lose money because of the currency trade. Rising interest rates here at home should predicate a stronger dollar. A rise in the dollar would eat into any return you got on your bonds...

[BigBallinStalin]

Hence all the worry about the Fed letting interest rates rise (i.e. ending their >$80 or so bn spending per month). Good point. It's too stressful for me, so I couldn't get into finance, and I'd hate every minute of reading their crap and about the crappy consequences.

It's no wonder markets can be so out of whack--with so much reliance on a small group of unaccountable central bankers playing with something they don't correctly understand. Is it power that drives these people, or stupidity? It's hard to say...

[Fruitcake]

I recently invested in an Oak Forest. This is a managed wood situation which will provide income in a regular fashion in something like 50 - 60 years (this model is found in places like France where the managed Forest is handed from generation to generation).

Now that's what I call long term planning.

I put forward the idea of breeding Pigs and allowing them to roam in the Oak groves a la the black Iberian pigs which produce the delicious jamón ibérico de bellota. Sadly this didn't fly as an idea so it looks like I am still going to have to buy my own to snack on (along with the fresh crusty bread, black Olives, sun dried Tomatoes and red Wine...natch)

[loutil]

I recently invested in an Oak Forest. This is a managed wood situation which will provide income in a regular fashion in something like 50 - 60 years (this model is found in places like France where the managed Forest is handed from generation to generation).

Now that's what I call long term planning.

I put forward the idea of breeding Pigs and allowing them to roam in the Oak groves a la the black Iberian pigs which produce the delicious jamón ibérico de bellota. Sadly this didn't fly as an idea so it looks like I am still going to have to buy my own to snack on (along with the fresh crusty bread, black Olives, sun dried Tomatoes and red Wine...natch)

One needs to be careful when investing too far into the future. Sometimes the dynamics can change significantly. For example: The rise of E books has significantly reduced the production of books. The rise of internet media is has significantly reduced the demand for newspapers. Lower newspaper circulation means lower advertising and coupons creating an even smaller footprint. Combined they have significantly reduced the demand of paper which suggests a significant over supply of trees that supply pulp. If you had planted trees 25 years ago to harvest 10 - 15 years from now you might be very disappointed...

[Fruitcake]

I recently invested in an Oak Forest. This is a managed wood situation which will provide income in a regular fashion in something like 50 - 60 years (this model is found in places like France where the managed Forest is handed from generation to generation).

Now that's what I call long term planning.

I put forward the idea of breeding Pigs and allowing them to roam in the Oak groves a la the black Iberian pigs which produce the delicious jamón ibérico de bellota. Sadly this didn't fly as an idea so it looks like I am still going to have to buy my own to snack on (along with the fresh crusty bread, black Olives, sun dried Tomatoes and red Wine...natch)

One needs to be careful when investing too far into the future. Sometimes the dynamics can change significantly. For example: The rise of E books has significantly reduced the production of books. The rise of internet media is has significantly reduced the demand for newspapers. Lower newspaper circulation means lower advertising and coupons creating an even smaller footprint. Combined they have significantly reduced the demand of paper which suggests a significant over supply of trees that supply pulp. If you had planted trees 25 years ago to harvest 10 - 15 years from now you might be very disappointed...

I hear what you are saying. Oak is not a wood used for anything pliable (in the main). This is a wood that will always be desired for its beauty and its properties. And if all that fails, I imagine the land and the value of that will always be a good thing.

To be honest, I invested more as a token gesture to repay some of the huge consumption of resources I have made during my lifetime. if my descendants get something from it, good.