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Expert investors...they should just STFU.
Expert investors...they should just STFU.
By Vegas
30 Aug 2024 9:06 am in No Holds Barred Political Forum
4 Sep 2024 12:39 pm
Keith Gills IS a financial advisor!Fuelman » 04 Sep 2024, 7:14 am » wrote: ↑ https://youtu.be/YM-UsY8Htmk?si=zl5lmL7nswWOURxi
He does give some solid advice though, seek a financial advisor!
1) Look for beaten down name with meme potential
2) Buy and hold shares, options, or both
3) Post your thesis on 4chan and WSB and other boards looking to make “quick money”
[Use a VPN, throwaway acct, and public computer]
4) Wait for 500%, 1000%, or even 5000% returns
5) Pay Uncle Sam
4 Sep 2024 12:40 pm
And the blatant projection and lie has arrived. That means Mary is in the house.
Go Mary Go! Go Mary Go!
Blackvegatble's hypcorisy summed up in one post:
[/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
4 Sep 2024 12:47 pm
You don't even answer your own.Vegas » 04 Sep 2024, 12:40 pm » wrote: ↑
And the blatant projection and lie has arrived. That means Mary is in the house.
Go Mary Go! Go Mary Go!
4 Sep 2024 12:48 pm
which is why there are things he MUST say...and did.LowIQTrash » 04 Sep 2024, 12:39 pm » wrote: ↑ Keith Gills IS a financial advisor!
1) Look for beaten down name with meme potential
2) Buy and hold shares, options, or both
3) Post your thesis on 4chan and WSB and other boards looking to make “quick money”
[Use a VPN, throwaway acct, and public computer]
4) Wait for 500%, 1000%, or even 5000% returns
5) Pay Uncle Sam
4 Sep 2024 12:56 pm
We already went through this. Mr Predictable. Mr. Redundant.
If I am asking a question, then that means I don't know the answer you dumb piece of **** mother ****.
How on Earth did you get to be this stupid?
Blackvegatble's hypcorisy summed up in one post:
[/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
4 Sep 2024 1:08 pm
DeezerShoove » 03 Sep 2024, 6:27 am » wrote: ↑ What makes 100 years the criteria though? Why not 92 or 118?
I'm always skeptical when a nice sounding number is deemed a cycle.
I was more concerned when Bammy and Co. increased our money supply so radically. Nearly unfathomable numbers now being treated as the new normal. It was only a matter of time for that to come back to haunt us. Sure, it sat in mysterious "accounting nooks and crannies" but the erosion was underway.
People can argue me down into rabbit holes I don't fully understand (M1, M2, etc) but it doesn't take a genius to figure out that those monies are a bit of a shell game. Spraying "money" into all the pots can only devalue it all. So inflation, the invisible "generational tax", was given a HUGE boost because of that QE ****.
My support for my stance is that Paul "Confetti head" Krugman said we should have done even one more round. Stupid.
Then Biden basically weaponized the last little bit of "strength of the dollar" with dumb sanctions.
That finished off our world reserve currency status.
That kind of stuff scares me more than the 100 year cycle stuff which may be coincidental and make a nice chart.
I appreciate your observations by the way.
And you may be 100% right about a near-future "Stick a Fork in This Turkey". It's done.
POTUS has no means by which to do so. Monetary policy rests with the Federal Reserve.I was more concerned when Bammy and Co. increased our money supply so radically.
The Federal Reserve expanded its balance sheet in response to The Great Recession, beginning in 2008.
Because Fed Chairs serve staggered terms, Obama inherited Bernanke.
The one phenomenon central bankers fear more than any other, the one for which there is no solution, is a deflationary spiral. The free fall in asset prices had potentially catastrophic consequences, and by providing a "bid" the Fed was able to provide liquidity necessary to arrest it.People can argue me down into rabbit holes I don't fully understand (M1, M2, etc) but it doesn't take a genius to figure out that those monies are a bit of a shell game. Spraying "money" into all the pots can only devalue it all. So inflation, the invisible "generational tax", was given a HUGE boost because of that QE ****.
It wasn't inflation, which remained low through the Obama years, that robbed savers as a result - it was a deliberate policy of cheap credit which reduced yields on everything from savings accounts to bonds.
We remain the world's reserve currency....some exporters have determined to accept commodity buys in a few other currencies.Then Biden basically weaponized the last little bit of "strength of the dollar" with dumb sanctions.
That finished off our world reserve currency status.
Sanctions are cheaper than lives.
4 Sep 2024 2:07 pm
Thank you for no questions.Blackvegetable » 04 Sep 2024, 1:08 pm » wrote: ↑ POTUS has no means by which to do so. Monetary policy rests with the Federal Reserve.
The Federal Reserve expanded its balance sheet in response to The Great Recession, beginning in 2008.
Because Fed Chairs serve staggered terms, Obama inherited Bernanke.
The one phenomenon central bankers fear more than any other, the one for which there is no solution, is a deflationary spiral. The free fall in asset prices had potentially catastrophic consequences, and by providing a "bid" the Fed was able to provide liquidity necessary to arrest it.
It wasn't inflation, which remained low through the Obama years, that robbed savers as a result - it was a deliberate policy of cheap credit which reduced yields on everything from savings accounts to bonds.
We remain the world's reserve currency....some exporters have determined to accept commodity buys in a few other currencies.
Sanctions are cheaper than lives.
btw
My post to which you replied was intentionally trolling/triggering.
One of my biggest gripes is inflation. Someone referred to that as the Invisible Tax or Generational Tax and that seemed most appropriate because it has always been with us and always erodes. We can never go back.
Our site experts and media gurus can point to specifics all day long but in the long run any increase to the erosion hurts the little guy, savers, old people. Finding fault is ultimately moot since it is always after the fact.
Please seat yourself.
I like the very things you hate.
I like the very things you hate.
4 Sep 2024 3:30 pm
Sounds feasible. (Deep pockets helps)LowIQTrash » 04 Sep 2024, 12:39 pm » wrote: ↑ Keith Gills IS a financial advisor!
1) Look for beaten down name with meme potential
2) Buy and hold shares, options, or both
3) Post your thesis on 4chan and WSB and other boards looking to make “quick money”
[Use a VPN, throwaway acct, and public computer]
4) Wait for 500%, 1000%, or even 5000% returns
5) Pay Uncle Sam
There can be a lot of truth in free advice.
I should threaten my financial planner to drop the $8k+ in fees or I'll become a roaring kitty follower. Hopefully he won't be drinking something when he hears the news cause that fluid is sure to come out his nose!
Let us know when you hit the big one and buy a lottery ticket also!
4 Sep 2024 3:46 pm
LowIQTrash » 04 Sep 2024, 12:39 pm » wrote: ↑ Keith Gills IS a financial advisor!
1) Look for beaten down name with meme potential
2) Buy and hold shares, options, or both
3) Post your thesis on 4chan and WSB and other boards looking to make “quick money”
[Use a VPN, throwaway acct, and public computer]
4) Wait for 500%, 1000%, or even 5000% returns
5) Pay Uncle Sam
Below is what it has been said about his methods. This is the kind of thing that makes me want to tell "experts" to STFU. If you look at these, you will see that all of these 'tips' are self-evident. Who the hell doesn't already know this stuff? Seriously, there is literally not one thing on this list that most people don't already know and are already doing.
Roaring Kitty, also known as Keith Gill, became famous for his role in the GameStop stock surge. His approach to investing and his philosophy resonated with many retail investors. Here are some of the key takeaways from his advice and approach:1. Do Your Own Research (DYOR)2. Have Conviction in Your Investment
- One of Roaring Kitty’s main messages is to thoroughly research and understand the companies you invest in. He spent months analyzing GameStop’s financials, market position, and future potential before making his investment. This shows the importance of doing your own homework and not blindly following trends.
3. Be Patient
- Roaring Kitty often emphasized having strong conviction in the stocks you believe in. Even as GameStop faced criticism and stock volatility, he maintained his position because he believed in the fundamental value of the company. Holding onto an investment despite market noise can be key if you truly believe in its long-term potential.
4. Risk Only What You Can Afford to Lose
- Long-term thinking is essential. Roaring Kitty held onto his GameStop shares for years before the stock took off. His patience and belief in the turnaround story of GameStop paid off. This highlights the value of being patient and letting your investment thesis play out over time.
5. Ignore the Noise
- He often stressed that investors should only risk what they can afford to lose. Stock markets are inherently risky, and it’s important not to invest money that you need for essential living expenses.
6. Stay Transparent
- Roaring Kitty ignored much of the media buzz and the day-to-day stock fluctuations, focusing instead on his own analysis. He showed that it's important to stick to your own research and not be swayed by short-term market movements or sensational news headlines.
7. Understand the Risks and Volatility
- Throughout his journey, Roaring Kitty remained transparent about his positions and the rationale behind his investments, often sharing detailed research and analysis. While not everyone needs to be public, it’s important to have clear reasoning behind your decisions and be honest with yourself about why you’re investing.
Roaring Kitty’s approach combines a mixture of in-depth research, conviction, patience, and risk management. These principles can help investors make informed decisions rather than being influenced by short-term market trends or media hype.
- He acknowledged the risks involved in his investments. Roaring Kitty was open about the speculative nature of certain stocks, particularly with heavily shorted ones like GameStop. Understanding that high-risk, high-reward stocks come with potential for loss is crucial.
Blackvegatble's hypcorisy summed up in one post:
[/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
4 Sep 2024 4:18 pm
Knowing it and doing it seems to be the hurdle.Vegas » 04 Sep 2024, 3:46 pm » wrote: ↑ Below is what it has been said about his methods. This is the kind of thing that makes me want to tell "experts" to STFU. If you look at these, you will see that all of these 'tips' are self-evident. Who the hell doesn't already know this stuff? Seriously, there is literally not one thing on this list that most people don't already know and are already doing.
4 Sep 2024 4:20 pm
Yes, but I would like to learn new things. Not the same regurgitated rhetoric.
Blackvegatble's hypcorisy summed up in one post:
[/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
4 Sep 2024 5:06 pm
It’s not that people don’t know this, most people are incapable of executing it. (By most I mean like 99.9%)Vegas » 04 Sep 2024, 3:46 pm » wrote: ↑ Below is what it has been said about his methods. This is the kind of thing that makes me want to tell "experts" to STFU. If you look at these, you will see that all of these 'tips' are self-evident. Who the hell doesn't already know this stuff? Seriously, there is literally not one thing on this list that most people don't already know and are already doing.
Or they execute it improperly and lose everything.
Basically what Fuelman said.
Also, I would even say “experts” are far more likely to tell their clients to buy boring stocks with dividends and hold.
The type of persona you are referring to is called a “GURU.” I would laugh if anyone considered them “experts.” They aren’t experts, they’re just salesmen with an appealing pitch. They’re likely high school dropouts who found a niche selling “trading services” on Twitter.
And you should never pay a subscription fee, lol. You will learn much more quickly trading yourself.
4 Sep 2024 5:19 pm
If you really want a top tier advisor, may I suggest being friends with Nancy Pelosi? Consistently beats the index funds year after year!Fuelman » 04 Sep 2024, 3:30 pm » wrote: ↑ Sounds feasible. (Deep pockets helps)
There can be a lot of truth in free advice.
I should threaten my financial planner to drop the $8k+ in fees or I'll become a roaring kitty follower. Hopefully he won't be drinking something when he hears the news cause that fluid is sure to come out his nose!
Let us know when you hit the big one and buy a lottery ticket also!
4 Sep 2024 6:02 pm
He appears to be confirming that the OP is "Stupid Money".Vegas » 04 Sep 2024, 3:46 pm » wrote: ↑ Below is what it has been said about his methods. This is the kind of thing that makes me want to tell "experts" to STFU. If you look at these, you will see that all of these 'tips' are self-evident. Who the hell doesn't already know this stuff? Seriously, there is literally not one thing on this list that most people don't already know and are already doing.
4 Sep 2024 7:44 pm
https://m.youtube.com/watch?v=8JY1Ie3yukw
5 Sep 2024 5:31 am
Helps her husband is involved with insider trading since he has access to legislation on government spending and funding where the tax revenues are going year in and year out.LowIQTrash » 04 Sep 2024, 5:19 pm » wrote: ↑ If you really want a top tier advisor, may I suggest being friends with Nancy Pelosi? Consistently beats the index funds year after year!
5 Sep 2024 9:17 am
Interesting video.
It's just amazing how many followers these guys can get spouting absolute B.S.
5 Sep 2024 9:28 am
Blackvegetable » 04 Sep 2024, 6:02 pm » wrote: ↑ He appears to be confirming that the OP is "Stupid Money".
There is no stupid money. If it makes me money, then I don't give a ****. Call it what you want.
Moron.
Blackvegatble's hypcorisy summed up in one post:
[/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...
From which you are running...
5 Sep 2024 10:28 am
Robert Kiyosaki, who happens to be a conman less spectacular than Trump, used to host seminars. Those seminars were free.Fuelman » 05 Sep 2024, 9:17 am » wrote: ↑ Interesting video.
It's just amazing how many followers these guys can get spouting absolute B.S.
Follow up sessions used to cost $300-500 dollars. I would estimate 7-10% of attendees paid for the follow up.
Then his protégés (employee salesmen) would apply high pressure sales tactics to get people to sign up for $30K to $50K mentoring, 1 on 1 sessions. Maybe 2-3% of people who paid for round 2 would make a go for round 3.
But hey, sales is just a numbers game..or a “customer funnel” to maximize ROI (to use marketing jargon)
Desperate people make for easy prey. There’s no doubt in my mind desperation runs rampant and only grows with each decade.
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