Message from @Deleted User

Discord ID: 481118441248653312


2018-08-14 04:40:47 UTC  

Not a terrible idea

2018-08-15 22:48:09 UTC  

Word of the day on <http://www.UrbanDictionary.com>

2018-08-15 22:48:11 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/479421075877527562/image.jpg

2018-08-16 00:34:00 UTC  

My thoughts on the stock market:

* The government gives people tax breaks for funneling their money into the stock market.

* The government manipulates the interest rates low so that any traditional investment vehicle now gets like 0.05% return and the dollar loses at least 3% of its value every year, so the stock market is the only way to avoid the effective confiscation of your savings. This system is so clever, it manages to steal purchasing power from the cash in your mattress.

* The government gives employers tax breaks if they hold back 5% of your pay unless you agree to go halfsies with them in the stock market.

* They tax you if you don’t stay balls deep in the market until the age of 65, pulling out is not an option.

The stock market is overflowing with the dollars of idiots who don’t belong there.

2018-08-16 03:06:46 UTC  

This is true. All my money is in gold, silver, cash, POGs

2018-08-16 11:28:21 UTC  
2018-08-16 11:30:20 UTC  

My Discover savings account earn 1.73%/1.75% APY, Inflation has averaged 2-2.5% over the last decade. Yes the govt gives incentives to get in (and stay) in the stock market. With that said, a 401k allows you to hold cash or bonds. There are many alternatives to equities

2018-08-16 14:33:19 UTC  

Joking about pogs

2018-08-18 15:08:36 UTC  

Physical silver all day boys

2018-08-18 15:08:50 UTC  

Silver is still down a bit

2018-08-18 16:04:12 UTC  

What do you like to buy @Louis Loire - NY generic, premium stuff, or both?

2018-08-18 16:06:11 UTC  

us mint stuff eagles tubes mostly

2018-08-18 16:06:22 UTC  

Some Maple leafs too lol

2018-08-18 16:06:41 UTC  

Have a few nice bars from other more premium mints

2018-08-18 16:14:38 UTC  

I used to buy premium stuff but now I just get Eagles and generic rounds unless something really cool pops up. I love poured bars as well.

2018-08-18 17:32:07 UTC  

Exactly no need for fancy stuff I just stack eagles and leafs now

2018-08-18 19:03:31 UTC  

> a 401k allows you to hold cash or bonds. There are many alternatives to equities

Cash gets effectively stolen through money printing. Bonds are just stealing from future taxpayers.

2018-08-18 21:10:01 UTC  

Yes, money deteriorates in value through inflation (one cause of which is money printing). If stocks are projected to earn -10% of the next year which cash gets you 0% while inflation is 2%. Real returns are -12% and -2%. I'd say cash is the superior investment class. Of course we do not have the surety of what the different asset classes will return over any time horizon

2018-08-18 23:48:37 UTC  

Canadian Maple Leaf rounds and bars ftw.

2018-08-20 15:12:55 UTC  

2:15 - 4:50

2018-08-20 15:13:13 UTC  

Sounds about right to me

2018-08-20 15:16:23 UTC  

Any of y'all do forex?

2018-08-20 20:58:28 UTC  

@Deleted User I've looked into it a few times, I haven't really done anything yes but I have a forex trading account with TD Ameritrade

2018-08-20 20:58:43 UTC  

Do you trade forex at all?

2018-08-20 20:58:59 UTC  

It's something I would like to learn more about

2018-08-20 21:12:11 UTC  

No I don't, but I'd like to. It seems very opportune

2018-08-21 15:35:52 UTC  

This week this bull market (3/9/09 start date) will become the longest bull run ever over the last 100 years

2018-08-21 15:36:37 UTC  

The S&P has gained 322% over that tome period. The third largest gain during a bull market

2018-08-21 16:33:02 UTC  

What’s the #1 and #2 largest gains?

2018-08-21 18:44:50 UTC  

@Tanner - SC the dot com bubble in the 90’s followed by the pre Great Depression period in the 20’s

2018-08-21 20:07:57 UTC  

What % gain were they?

2018-08-24 03:38:53 UTC  

Anyone betting with liberals and taking their money?

2018-08-24 03:38:57 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/482393353795796993/image0.png

2018-08-24 03:39:02 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/482393372020047872/image0.png

2018-08-24 03:40:16 UTC  

You can buy shares of Trump still being president at end of 2019 for $0.65 per share. If you’re right, you collect $1.00 per share. Profit of 53.8%.

2018-08-24 03:40:53 UTC  

Totally legal, they’ll even send you a form 1099-MISC for your earnings at the end of the year.
<https://www.predictit.org/Browse/Group/83>

2018-08-24 03:41:08 UTC  

wow

2018-08-24 03:48:34 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/482395771061272576/image0.png

2018-08-24 03:49:17 UTC  

Bet $36, win $100, profit $64 or 278%.