The New American Retirement Plan

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By LowIQTrash
4 Jun 2024 1:24 am in No Holds Barred Political Forum
7 posts • Page 1 of 1
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LowIQTrash
4 Jun 2024 1:24 am
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LowIQTrash
4 Jun 2024 1:26 am
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2,715 posts
Someone literally said this on Reddit (unironically):

"Why can't everyone just hold stocks forever? Then everybody would get rich!" 

Image  
 
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walkingstick
4 Jun 2024 5:41 am
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i did invest in reverse asset mortgages. there were farmers who need money. had pent up value in their farm lands. they did not want to take loans on land nor home, and make payments. so we gave them a reverse mortgage on their agriculture land. they got money each month. used their land. no loan on home. whey they passed away we got the farm land. a win-win. we also did reverse mortgages on forest and and other lands with pent up asset values. did no home asset reverse mortgage. stock market is a gamble.
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ROG62
4 Jun 2024 5:55 am
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Life is full of "if onlys"...like why didn't I invest in Apple when it bottomed out in the 80' @13 n change when bill gates sunk some cash in... :roll:  
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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LowIQTrash
4 Jun 2024 12:59 pm
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ROG62 » 04 Jun 2024, 5:55 am » wrote: ↑ Life is full of "if onlys"...like why didn't I invest in Apple when it bottomed out in the 80' @13 n change when bill gates sunk some cash in... Image
But people had since 2008 to get in...16 yrs 

 
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ROG62
4 Jun 2024 3:47 pm
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LowIQTrash » 04 Jun 2024, 12:59 pm » wrote: ↑ But people had since 2008 to get in...16 yrs
If ifs and buts were fruits and nuts, it'd be Christmas all the time....
 
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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LowIQTrash
5 Jun 2024 12:32 am
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walkingstick » 04 Jun 2024, 5:41 am » wrote: ↑ i did invest in reverse asset mortgages. there were farmers who need money. had pent up value in their farm lands. they did not want to take loans on land nor home, and make payments. so we gave them a reverse mortgage on their agriculture land. they got money each month. used their land. no loan on home. whey they passed away we got the farm land. a win-win. we also did reverse mortgages on forest and and other lands with pent up asset values. did no home asset reverse mortgage. stock market is a gamble.

NVDA is close to topping (this time, finally) but other than buying during the height of the dot-com bubble and housing bubble, it was hardly a "gamble."

Or just buy shares in stocks like Apple / BRK.B / Amzn / Google / etc. 

It's really not that difficult - although I will say this little honeymoon era (2008 - 2024) where stonks only went up is coming to an end. 
7 posts • Page 1 of 1

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