## Today's Stock Market Crash: Mr Reasonable

Discussion of the recent unfolding of history.

### Re: Today's Stock Market Crash: Mr Reasonable

Zero_Sum wrote:I'm thinking about buying and holding physical foreign currencies thereby exchanging them as their value goes up against the United States dollar. I predict this happening with the Chinese renminbi.

You can do that with forex.com. Not physical, but you can sell the USD/CNH. 1 microlot is 1000 of them. You'll also be paid 9 cents interest per day, 7 days, 365 ($32.85 per year unless rates change). It will cost$100 to hold the position, meaning your account value cannot fall below that.
Serendipper
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### Re: Today's Stock Market Crash: Mr Reasonable

Serendipper wrote:
Zero_Sum wrote:I'm thinking about buying and holding physical foreign currencies thereby exchanging them as their value goes up against the United States dollar. I predict this happening with the Chinese renminbi.

You can do that with forex.com. Not physical, but you can sell the USD/CNH. 1 microlot is 1000 of them. You'll also be paid 9 cents interest per day, 7 days, 365 ($32.85 per year unless rates change). It will cost$100 to hold the position, meaning your account value cannot fall below that.

Interesting, I'll have to look into that.

I've heard that with some international corporate large banks you can just walk right in and exchange money for foreign currency directly but I think you have to have an account with them to do so. You know, skip the middle man and such. I wonder how feasible or profitable doing that is in the long run. I see Chinese renminbi skyrocketing in value as it now gold backed and is basically preparing to cut against all international dollar markets. It will essentially become the new international currency of choice for trading unfortunately in that I am no fan of the communist Chinese nonetheless I am realist and that is where I see things going.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit.

Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ?

Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX.
You see...a pimp's love is very different from that of a square.
Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too.

What exactly is logic? -Magnus Anderson

Support the innocence project on AmazonSmile instead of Turd's African savior biker dude.
http://www.innocenceproject.org/

Mr Reasonable
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### Re: Today's Stock Market Crash: Mr Reasonable

Zero_Sum wrote:
Serendipper wrote:
Zero_Sum wrote:I'm thinking about buying and holding physical foreign currencies thereby exchanging them as their value goes up against the United States dollar. I predict this happening with the Chinese renminbi.

You can do that with forex.com. Not physical, but you can sell the USD/CNH. 1 microlot is 1000 of them. You'll also be paid 9 cents interest per day, 7 days, 365 ($32.85 per year unless rates change). It will cost$100 to hold the position, meaning your account value cannot fall below that.

Interesting, I'll have to look into that.

I've heard that with some international corporate large banks you can just walk right in and exchange money for foreign currency directly but I think you have to have an account with them to do so. You know, skip the middle man and such. I wonder how feasible or profitable doing that is in the long run.

It seems like a headache to me. It reminds me of owning gold... as soon as I buy any, I'm $50 in the hole and require a$50 appreciation just to get back to even because of the spread. The spread is less with paper gold. It could be the same with real money.

You can also trade currencies with ameritrade, but the spreads are higher since they go through forex.com or oanda. But ameritrade is a full-service bank/broker and you can trade anything (lots of ways to lose your money lol). They have bill pay, stocks, futures, forex, debit cards, whatever.
Serendipper
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### Re: Today's Stock Market Crash: Mr Reasonable

This is a good one to buy and hold.

https://www.reuters.com/finance/stocks/ ... file/FAX.A

Not a lot of volatility in the share price, so easy in and out therefore good liquidity. Good diversification, and counting on economies getting better on the other side of the world, but in the event that they don't, you'll have taken out decent amount of your capital over time by cashing the dividend check. But, you'd probably be smarter to just take fractional shares instead of the dividend, because you know...those economies are probably going to get better.
You see...a pimp's love is very different from that of a square.
Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too.

What exactly is logic? -Magnus Anderson

Support the innocence project on AmazonSmile instead of Turd's African savior biker dude.
http://www.innocenceproject.org/

Mr Reasonable
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Posts: 25548
Joined: Sat Mar 17, 2007 8:54 am
Location: pimping a hole straight through the stratosphere itself

### Re: Today's Stock Market Crash: Mr Reasonable

I use ameritrade. It's the shit.
You see...a pimp's love is very different from that of a square.
Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too.

What exactly is logic? -Magnus Anderson

Support the innocence project on AmazonSmile instead of Turd's African savior biker dude.
http://www.innocenceproject.org/

Mr Reasonable
resident contrarian

Posts: 25548
Joined: Sat Mar 17, 2007 8:54 am
Location: pimping a hole straight through the stratosphere itself

### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit.

Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ?

Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX.

I only make bets or invest money in sure things that are sound in that I don't like taking financial risks. I'm nowhere in a position now to take risks of any kind anyways. Yeah, I think you're right that they charge fees at foreign currency trading desks in banks. Like Serendipper said, Forex might be my best choice.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit.

Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ?

Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX.

A lot of those index funds depreciate. I can't find a good one to track oil since if I match the spot price with the etf, I find it decays too much.

Any leveraged fund decays, so I wouldn't bother. The house has it rigged so they always win.

That said, there is probably a fund that tracks the yuan. I'd guess it's thinly traded, small, and probably doesn't match spot very well, but maybe not.
Serendipper
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### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:I use ameritrade. It's the shit.

Yup, it's the best!
Serendipper
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### Re: Today's Stock Market Crash: Mr Reasonable

Serendipper wrote:It seems like a headache to me. It reminds me of owning gold... as soon as I buy any, I'm $50 in the hole and require a$50 appreciation just to get back to even because of the spread. The spread is less with paper gold. It could be the same with real money.

You can also trade currencies with ameritrade, but the spreads are higher since they go through forex.com or oanda. But ameritrade is a full-service bank/broker and you can trade anything (lots of ways to lose your money lol). They have bill pay, stocks, futures, forex, debit cards, whatever.

I've only studied this stuff theoretically or through observing speculation in that I've never actually invested and traded in anything. Any advice would help.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit.

Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ?

Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX.

I nowhere near have enough money for stocks, bonds, and all those other things. For me all of that is like a giant international casino where you better have a lot of money when taking losses.

I think currency trading is my best bet at the moment for me to get my feet wet with the little bit of money that I have. Minimal risk, exposure, and loss is my thing.
Last edited by Zero_Sum on Wed Mar 28, 2018 4:57 am, edited 1 time in total.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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Posts: 1838
Joined: Thu Nov 30, 2017 7:05 pm
Location: United States- Greater Israel

### Re: Today's Stock Market Crash: Mr Reasonable

Zero_Sum wrote:
Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit.

Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ?

Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX.

I only make bets or invest money in sure things that are sound in that I don't like taking financial risks. I'm nowhere in a position now to take risks of any kind anyways. Yeah, I think you're right that they charge fees at foreign currency trading desks in banks. Like Serendipper said, Forex might be my best choice.

If that's all you're wanting to do, forex.com is the cheapest way to do it. Ameritrade is a good bank though which also allows you to trade whatever, though at slightly higher cost since they're a middleman to another middleman. There are really only 2 forex brokers in the US anymore and I don't care for oanda. FXCM was the best, but they were kicked out not long ago. It used to be that you could open an account with $50 and have 400:1 leverage across the board, but things happened. Barney Frank and the CFTC. There are some overseas accounts too, which I won't go into unless you're interested (which I doubt you would be considering the difficulty in funding them). Serendipper Philosopher Posts: 1383 Joined: Sun Aug 13, 2017 7:30 pm ### Re: Today's Stock Market Crash: Mr Reasonable Zero_Sum wrote: Serendipper wrote:It seems like a headache to me. It reminds me of owning gold... as soon as I buy any, I'm$50 in the hole and require a $50 appreciation just to get back to even because of the spread. The spread is less with paper gold. It could be the same with real money. You can also trade currencies with ameritrade, but the spreads are higher since they go through forex.com or oanda. But ameritrade is a full-service bank/broker and you can trade anything (lots of ways to lose your money lol). They have bill pay, stocks, futures, forex, debit cards, whatever. I've only studied this stuff theoretically or through observing speculation in that I've never actually invested and traded in anything. Any advice would help. The best advice is DEMO ACCOUNT! Don't play with money you cannot afford to lose. If you make money, stop for a while. Don't keep going in trying to make opportunities. You'll probably make money at first and that will sucker you back in because you'll think you're a genius and you won't stop until it's all gone and then some. Been there; done that Serendipper Philosopher Posts: 1383 Joined: Sun Aug 13, 2017 7:30 pm ### Re: Today's Stock Market Crash: Mr Reasonable Serendipper wrote: Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit. Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ? Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX. A lot of those index funds depreciate. I can't find a good one to track oil since if I match the spot price with the etf, I find it decays too much. Any leveraged fund decays, so I wouldn't bother. The house has it rigged so they always win. That said, there is probably a fund that tracks the yuan. I'd guess it's thinly traded, small, and probably doesn't match spot very well, but maybe not. As far as eventually failing to track the underlying commodity, sure...in some cases. But if you bought QQQ a few years ago, or at just about any time since then, then you'd be in the money on it right now. UWTI tracked oil very well, but got shut down because it was dangerously volatile, if I'm remembering correctly it was one of those that moves the same as the underlying commodity buy with increased volatility or beta. So great for getting in and out...it seemed, but people were losing their asses left and right trying to time the market. Tell Zero the truth...for a variery of complex reasons, forex trading is a bad idea, especially for the risk-averse. I just want him to go to computershare and start DRIPs for XOM, LMT, UNP and SO. Then in a few years he'll have the money to actually make a rent check without having to look for a massive short term price move in whatever he wants to buy. Zero, a 100 percent gain is hard to find in between rent payments. So even if you had an extra month's rent to throw into something and you found a 100 percent gain, you'd just have a month's rent. If you put 100 a month, 25 a week into something that appreciates and pays good dividends and is safe...then over time you'd have 10 months rent saved up, and you would only need to find a 10 percent move in whatever you're buying on a monthly basis to cash out and have some free rent. Am I making sense here? The first step in being a capitalist exploiter of things who profits off nothing and lives for free and is a lazy piece of shit who gets away with financial murder...is to have some capital. Save money dude. Stop letting politics and emotions prevent you from doing that. Just get 100 a month into the bank and play the game. You're young. You can't even conceptualize the difference that it can make in your life to do whatever you have to do to get that capital. You see...a pimp's love is very different from that of a square. Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too. What exactly is logic? -Magnus Anderson Support the innocence project on AmazonSmile instead of Turd's African savior biker dude. http://www.innocenceproject.org/ Mr Reasonable resident contrarian Posts: 25548 Joined: Sat Mar 17, 2007 8:54 am Location: pimping a hole straight through the stratosphere itself ### Re: Today's Stock Market Crash: Mr Reasonable Serendipper wrote: Zero_Sum wrote: Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit. Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ? Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX. I only make bets or invest money in sure things that are sound in that I don't like taking financial risks. I'm nowhere in a position now to take risks of any kind anyways. Yeah, I think you're right that they charge fees at foreign currency trading desks in banks. Like Serendipper said, Forex might be my best choice. If that's all you're wanting to do, forex.com is the cheapest way to do it. Ameritrade is a good bank though which also allows you to trade whatever, though at slightly higher cost since they're a middleman to another middleman. There are really only 2 forex brokers in the US anymore and I don't care for oanda. FXCM was the best, but they were kicked out not long ago. It used to be that you could open an account with$50 and have 400:1 leverage across the board, but things happened. Barney Frank and the CFTC.

There are some overseas accounts too, which I won't go into unless you're interested (which I doubt you would be considering the difficulty in funding them).

So, understanding the basics of currency trading starting out with say $100.00 is it very difficult understanding daily market fluctuations or rotations doubling your money overtime? The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism. Zero_Sum New World Order Enthusiast Posts: 1838 Joined: Thu Nov 30, 2017 7:05 pm Location: United States- Greater Israel ### Re: Today's Stock Market Crash: Mr Reasonable Serendipper wrote: Zero_Sum wrote: Serendipper wrote:It seems like a headache to me. It reminds me of owning gold... as soon as I buy any, I'm$50 in the hole and require a \$50 appreciation just to get back to even because of the spread. The spread is less with paper gold. It could be the same with real money.

You can also trade currencies with ameritrade, but the spreads are higher since they go through forex.com or oanda. But ameritrade is a full-service bank/broker and you can trade anything (lots of ways to lose your money lol). They have bill pay, stocks, futures, forex, debit cards, whatever.

I've only studied this stuff theoretically or through observing speculation in that I've never actually invested and traded in anything. Any advice would help.

The best advice is DEMO ACCOUNT! Don't play with money you cannot afford to lose. If you make money, stop for a while. Don't keep going in trying to make opportunities. You'll probably make money at first and that will sucker you back in because you'll think you're a genius and you won't stop until it's all gone and then some. Been there; done that

What's a DEMO account?
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

Computershare has no-fee DRIPs for a decent number of safe dividend stocks and allow for purchases of fractional shares. All you need is a basic checking account, a routing number, an account number and however much cash you can afford to put in.
You see...a pimp's love is very different from that of a square.
Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too.

What exactly is logic? -Magnus Anderson

Support the innocence project on AmazonSmile instead of Turd's African savior biker dude.
http://www.innocenceproject.org/

Mr Reasonable
resident contrarian

Posts: 25548
Joined: Sat Mar 17, 2007 8:54 am
Location: pimping a hole straight through the stratosphere itself

### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:
Serendipper wrote:
Mr Reasonable wrote:They'll charge fees to make it economically prohibitive to exchange hard currencies at bank branches for profit.

Why not invest in an ETF that tracks Asian bonds? Or one that tracks gold? Or volatility in the US markets? Why not buy short options for QQQ?

Do what the people who are making money are doing instead of trying to come up with a hairbrained way to do it differently. There are plenty of people on Wall Street who believe the same things that you believe. They're shorting the indexes, they're buying funds that are diversified across foreign bond markets, and they're trading the VIX.

A lot of those index funds depreciate. I can't find a good one to track oil since if I match the spot price with the etf, I find it decays too much.

Any leveraged fund decays, so I wouldn't bother. The house has it rigged so they always win.

That said, there is probably a fund that tracks the yuan. I'd guess it's thinly traded, small, and probably doesn't match spot very well, but maybe not.

As far as eventually failing to track the underlying commodity, sure...in some cases. But if you bought QQQ a few years ago, or at just about any time since then, then you'd be in the money on it right now. UWTI tracked oil very well, but got shut down because it was dangerously volatile, if I'm remembering correctly it was one of those that moves the same as the underlying commodity buy with increased volatility or beta. So great for getting in and out...it seemed, but people were losing their asses left and right trying to time the market.

Tell Zero the truth...for a variery of complex reasons, forex trading is a bad idea, especially for the risk-averse. I just want him to go to computershare and start DRIPs for XOM, LMT, UNP and SO. Then in a few years he'll have the money to actually make a rent check without having to look for a massive short term price move in whatever he wants to buy.

Zero, a 100 percent gain is hard to find in between rent payments. So even if you had an extra month's rent to throw into something and you found a 100 percent gain, you'd just have a month's rent. If you put 100 a month, 25 a week into something that appreciates and pays good dividends and is safe...then over time you'd have 10 months rent saved up, and you would only need to find a 10 percent move in whatever you're buying on a monthly basis to cash out and have some free rent.

Am I making sense here? The first step in being a capitalist exploiter of things who profits off nothing and lives for free and is a lazy piece of shit who gets away with financial murder...is to have some capital. Save money dude. Stop letting politics and emotions prevent you from doing that. Just get 100 a month into the bank and play the game. You're young. You can't even conceptualize the difference that it can make in your life to do whatever you have to do to get that capital.

I'm a possible socialist trader and investor not a capitalist! If I ever became a millionaire or billionaire which I highly doubt it (love the thought though) I would devote some of my money to social causes and political activism that I believe in.

Yeah, I know what a dividend is and percentages of return rates are.

Last time I checked banks are still at a historic low rate of return with money deposited.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

That's why you don't deposit money into a savings account. You buy shares of the oil and electricity companies, and the train and missile companies. You think they're going to be building a lot of F35s in the near future? Buy LMT. You think the american oil industry is going to get richer? Buy XOM. You think they move oil and missiles on trains? Buy UNP. Like electricity? Buy SO. They're at a low right now so the yield is high. By holding those shares, instead of putting your money into a shitty savings account at .5 percent interest, you'll average a significantly higher return, especially if you let them pay you the dividend in shares instead of cash...because the next dividend check will be bigger because you'll have more shares.

It's like when the bank charges interest on interest on a credit card. They use compounding to fuck people. When you take your dividend in shares and then next quarter they have to pay you a dividend on a dividend, you're compounding on them and you're fucking them.

If you had money to put in a savings account at JP Morgan bank, you'd be smarter to buy shares in JP Morgan. What do you think the smart bankers do with all that money that dummies put into savings accounts?
You see...a pimp's love is very different from that of a square.
Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too.

What exactly is logic? -Magnus Anderson

Support the innocence project on AmazonSmile instead of Turd's African savior biker dude.
http://www.innocenceproject.org/

Mr Reasonable
resident contrarian

Posts: 25548
Joined: Sat Mar 17, 2007 8:54 am
Location: pimping a hole straight through the stratosphere itself

### Re: Today's Stock Market Crash: Mr Reasonable

Everyone who's using money to make money is a capitalist. Doing that isn't bad in and of itself. No poor person ever built a homeless shelter. Politics is a game you can't really even play if you don't have some money, so start putting money into those stocks on computershare, don't pay any fees, make them give you shares instead of cash for your dividend, and get in the game. No one's telling you to go take crazy risks....ironically, you're wanting to take the extreme risk of forex trading. I'll bet you everything I have that you will lose your ass in a heartbeat trading currencies...I'm willing to make this bet because the odds are heavily in favor of that ending up being the case.

You have a kid right? Go to computershare and start buying shares of walmart or mcdonalds or cocacola and put them in a custodial account with you as the custodian for your kid. Put 50 bucks a month into something. You'll have complete control of it until the kid turns 21 or until you die whichever comes first. Once you got some skin in the game it becomes a lot easier to stay interested and follow the facts about how it all works. Maybe in a few years you get that up to a few grand and can roll it into a brokerage account and make some moves and put the kid through college. Maybe the kid gets a scholarship and you can put the kid in a house. 20 or 30 years of 50 or 100 bucks a month with dividends reinvested is the key to making your kids never have to be poor.
You see...a pimp's love is very different from that of a square.
Dating a stripper is like eating a noisy bag of chips in church. Everyone looks at you in disgust, but deep down they want some too.

What exactly is logic? -Magnus Anderson

Support the innocence project on AmazonSmile instead of Turd's African savior biker dude.
http://www.innocenceproject.org/

Mr Reasonable
resident contrarian

Posts: 25548
Joined: Sat Mar 17, 2007 8:54 am
Location: pimping a hole straight through the stratosphere itself

### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:That's why you don't deposit money into a savings account. You buy shares of the oil and electricity companies, and the train and missile companies. You think they're going to be building a lot of F35s in the near future? Buy LMT. You think the american oil industry is going to get richer? Buy XOM. You think they move oil and missiles on trains? Buy UNP. Like electricity? Buy SO. They're at a low right now so the yield is high. By holding those shares, instead of putting your money into a shitty savings account at .5 percent interest, you'll average a significantly higher return, especially if you let them pay you the dividend in shares instead of cash...because the next dividend check will be bigger because you'll have more shares.

It's like when the bank charges interest on interest on a credit card. They use compounding to fuck people. When you take your dividend in shares and then next quarter they have to pay you a dividend on a dividend, you're compounding on them and you're fucking them.

If you had money to put in a savings account at JP Morgan bank, you'd be smarter to buy shares in JP Morgan. What do you think the smart bankers do with all that money that dummies put into savings accounts?

Yes, all of that sounds rather nice until you start losing money because you invested poorly where you then end up owing other people or institutions money.

Since you're still around perhaps you can help me out with some information, for instance I know you have to report investments doing your taxes, right? Is that just with stocks and bonds? Do you have to report profit gains with currency trading filing taxes in the United States? The IRS is a son of a bitch.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:Everyone who's using money to make money is a capitalist. Doing that isn't bad in and of itself. No poor person ever built a homeless shelter. Politics is a game you can't really even play if you don't have some money, so start putting money into those stocks on computershare, don't pay any fees, make them give you shares instead of cash for your dividend, and get in the game. No one's telling you to go take crazy risks....ironically, you're wanting to take the extreme risk of forex trading. I'll bet you everything I have that you will lose your ass in a heartbeat trading currencies...I'm willing to make this bet because the odds are heavily in favor of that ending up being the case.

You have a kid right? Go to computershare and start buying shares of walmart or mcdonalds or cocacola and put them in a custodial account with you as the custodian for your kid. Put 50 bucks a month into something. You'll have complete control of it until the kid turns 21 or until you die whichever comes first. Once you got some skin in the game it becomes a lot easier to stay interested and follow the facts about how it all works. Maybe in a few years you get that up to a few grand and can roll it into a brokerage account and make some moves and put the kid through college. Maybe the kid gets a scholarship and you can put the kid in a house. 20 or 30 years of 50 or 100 bucks a month with dividends reinvested is the key to making your kids never have to be poor.

I don't see how I would lose my ass trading currencies, when the value of currency you're holding goes up you merely exchange it for a return profit. Seems very simple and straight forward in comparison to other trading or investment schemes I've looked into prior.

Also, I would diversify holding a variety of currencies as strict contingent. For me this would be primarily American dollars, Chinese reminbi (yuan), Russian ruble, and Japanese Yen.

[Perhaps Australian, Canadian, and Brazilian currency as well.]

What would you call a capitalist that takes some of their money or profit and invests in nationalist/ socialist causes?
Last edited by Zero_Sum on Wed Mar 28, 2018 5:38 am, edited 2 times in total.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

Serendipper, where are you at man? Get in this discussion!
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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### Re: Today's Stock Market Crash: Mr Reasonable

You'll lose your ass trading currencies because there is significantly less regulation in those markets and the volatility can come out of nowhere. Almost everyone loses their money there. That's just how that goes man.

You can't end up owing the bank money by buying and holding stocks. It's not a poor investment to put money into infrastructure by buying companies that have been around 100 years and have raised dividends and kept on making money through 100 years worth of political and financial turmoil. If you think that oil, electricity, trains, and weapons or war are going to cease to be profitable, then I have no idea how you came to that conclusion. You can't possibly think that.

You're making this more complicated than it really is. It's actually pretty boring stuff. You get a checking account, you go to computershare, you click and buy shares in oil, trains and missiles, you select the option to be paid your dividends in shares, and you draft 50 bucks a month into each one. Then you never look at it again. Just leave it alone.

Then in some time, you'll go and look at it and realize that you've got some money now. Then you can worry about all the complicated stuff.
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Mr Reasonable
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### Re: Today's Stock Market Crash: Mr Reasonable

Mr Reasonable wrote:You'll lose your ass trading currencies because there is significantly less regulation in those markets and the volatility can come out of nowhere. Almost everyone loses their money there. That's just how that goes man.

You can't end up owing the bank money by buying and holding stocks. It's not a poor investment to put money into infrastructure by buying companies that have been around 100 years and have raised dividends and kept on making money through 100 years worth of political and financial turmoil. If you think that oil, electricity, trains, and weapons or war are going to cease to be profitable, then I have no idea how you came to that conclusion. You can't possibly think that.

You're making this more complicated than it really is. It's actually pretty boring stuff. You get a checking account, you go to computershare, you click and buy shares in oil, trains and missiles, you select the option to be paid your dividends in shares, and you draft 50 bucks a month into each one. Then you never look at it again. Just leave it alone.

Then in some time, you'll go and look at it and realize that you've got some money now. Then you can worry about all the complicated stuff.

Sure, but if you understand volatility having the ability to look at both long term or short term approaches of currencies (something of which I think that I understand in terms of macroeconomics) I'm sure of it that I can make a handsome profit. I will tell you what, if I experiment with a little bit of money here and there on Forex where I lose my ass as you call it I'll be the first one here to admit it publicly in your presence where you can take a victory lap by telling me that you told me so. If however I end up making a lot of money trading currencies I want an apology from you for being wrong.

I really don't want to invest my hard earned money in western military imperialism, quite the contrary I want to make a profit hedging or investing against it. I want to invest with my values, ideals, and principles intact. Not even with money will I betray my own principles.

You still haven't told me anything about tax information regarding profit informing filing taxes in the United States. Give me a quick run down on that you being a man of experience on the subject.
The temple mount will be rebuilt in Jerusalem and all the nations of the world will be ruled from there. All races, cultures, leaders, and nations will come to bow before the new messiah yet to come. All will come to know the chosen of God who refer themselves as Jews. For every Jew there will be a thousand goyim that will be their slaves as it was ordained by God. Every man, woman, and child will convert to Zionism.

Zero_Sum
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