Stock Market

But opportunity is always available to anyone you just have make a judgement and accept the risk. Yes the insiders have the edge, the know the laws government is going to pass ahead of time, contracts government is going to sign ahead of time, options to buy before the fact, but trends are available to the little guy if you don’t let the short term spook you.
 
Access to exclusive tier ruling class economic data is priced out of reach for the common upper class investor. Why would the ruling class jeopardize their liquidity when they can just scare or con upper class investors into financing their runs and pick-up games?
I agree but it is what it is and I don't see a way out of fighting inflation otherwise.
In my case I'm too old to do the physical labor I used to do in my career and I'd rather die than be a walmart greeter or similar.

To me increasing ones wealth is like going surfing, like when one wishes to time and ride the best waves they can.
Investing - one rarely gets in at the perfect time and out at the perfect time but trading techniques can be learned which increases the chance of catching the waves right.
If the ocean is calm then you are just sitting on your board, but normally there are some waves, and sometimes big waves, and if a Tsunami happens we're all SOL anyway.
But opportunity is always available to anyone you just have make a judgement and accept the risk. Yes the insiders have the edge, the know the laws government is going to pass ahead of time, contracts government is going to sign ahead of time, options to buy before the fact, but trends are available to the little guy if you don’t let the short term spook you.
Raising my hands as that little guy.
When I was young I was a "put all my eggs in one basket" person and I learned the hard way that baskets can fall over so I keep my eggs in different baskets to avert some risk. And unfortunately I don't have much time left to go "long term" at this point.
I guess I'll make some money or I won't but at least I tried.
 
Latest report;
XRP went down for a week or so but it went up from the $1.96 when I bought it to a high of $2.24 this morning. It's been a very robust Crypto during this recent fall in the stock market.
I wouldn't be surprised if it was up to $2.35 in a week.

Most of those Crypto's I bought at the recent crash went up, but faltered, and I sold them at a decent enough profit. I made around 20% off a relatively small investment of $8000. Then took all those funds and layered into XRP when it was lower at times so I have quite a bit now, as well as a fair amount of Bitcoin/BTC. XRP hit $2.42 today and BTC went to $104,000-ish so I've been pulling in some embarrassingly high profits(for me that is).

Wouldn't be surprised if XRP went to high 2.50's in the next few weeks. If XRP acquires Circle it could break the $3.40 record and then it'll likely go parabolic possibly 3x=ing what I have now before years end.
If not I'll have my stop loss set in case of bad news, let XRP settle, then buy in again. Why?? because Ripple/XRP is 1000 times faster and 1000 times cheaper than SWIFT is at digital funds transfer and more and more institutions are adopting it day by day.
 
Last edited:
I won’t partake in their scheme of control and Demise.
I know what you are getting at and why but we're already in the digital currency system, have been for decades, and it's going to end up almost all digital as time goes by.

It's go live off the land separate from the current system and pay cash or trade for as long as one can or we're participating whether we like it or not.

My plan is to use a portion of my profits for good, and well already have been, but the more I make the more I'll be giving and supporting wherever I'm lead too.

No getting out of the CBDC's which we all know allows more control and none of us want that anymore than we want the crazy taxes we pay on everything. In my case I hate property taxes because essentially your home will never be payed off.

Reminds me of how some of us are trying to avoid foreign made products but most of the stuff we buy are either sourced in other countries or if assembled in the USA are full of parts not made here.
 
Bogle fanboy here.
Getting rich slowly. Nearly time to set my tools down, but the nest egg will go on for 30 more years for us then another 10 for my heirs. Hopefully they can benefit a little and continue the generational wealth.
It’s simple but not easy
Bogleheads really helped transform my investing approach after thedot com bust while I was licking my wounds . Actually rather back then it was called the Vanguard Diehards Forum. A ton of great wisdom there and as much a lesson in psychology in addition to a multitude of other great skill sets.

Your last sentence is so accurate. None of it is difficult conceptually, but the discipline to stick with it every single day, year after year without fail can be difficult to master. Enjoy retirement I think you will find life busier than you were when working, but in a good way.
 
Last edited:
  • Like
Reactions: SilentStalkr
Markets closed before signing of the BBB...

Predictions for Monday? S&P futures are up almost 50 which I dont know that I have ever seen the futures market up that much. ive seen it down more than that, but up 50 is pretty strong indicator for Monday. BUT people will take the long weekend to filter through the actual language of the bill and start to assess it.
 
Classic Lucy and the football.

As predicted the leftist controlled MSM TDS pumping / hating is proven wrong yet again. But they know what they are doing, it's 100% intentional. Now just triple and quadruple down as it's the only option, and spin spin spin for the low IQ'ers. Hope ya'll got in big and made big and didn't listen to @AZLong , who moonlights as a covidologist, economist, global trade expert, global relation expert, etc...and those who really just take any position opposite of Trump, purely based on feelings. Lmao.

Im sure they/them must have made a killing, or so maybe they/them will say. Haha. Going to be a good ride with some bumps here and there.

These clowns (not saying Az is in this category) badly want a weaked USA, make no mistake about it, they yearn for the USA's demise. Let their record on various positions speak for themselves.