Minichan

Topic: Investing is stupid as fuck unless you're already rich

Anonymous A started this discussion 6 years ago #87,648

Hey lets give some stockbroker $100 a month so you can gain an income of $0.48 a year ?

Syntax joined in and replied with this 6 years ago, 5 hours later[^] [v] #1,003,248

Externally hosted imageOf course many discover that the Stock Market can be a gamble. One should only invest if one is willing to put in the time to research the history of a company and look at dividends as well as a century worth of performance. Or in say upcoming technology's like 5G hummmmm I degress.

But PLEASE PLEASE do NOT put your 401 K money in a Bank 401K Account with interest that has been a NEGATIVE Number for bunch of years NOW -

This is a Stock Fund via A Quality Broker - Fidelity - Just one of several Index funds - Fidelity 500 Index Fund

5 years ago $68.94 and notice that at NO Time has this fund dropped below the buy in cost $68.94 and now is pennies from $100. IF in the BANK - You wood have lost lots of money - AND This again is just one of many examples of how investing does NOT require one to be rich nor will you get rich BUT for sure you will make money.

I do recommend Fidelity for multiple reasons and one among them is that in a conventional stock pic I find those on the phone when I decide to call them - Guy on phone will say well I could more off of you IF you did as you suggest but have you looked at one of my suggestions - They are not always right but more often than not do NOT mislead me.

highway to hell joined in and replied with this 6 years ago, 9 minutes later, 5 hours after the original post[^] [v] #1,003,253

@previous (Syntax)
If 5g is implemented extensively nationwide and then a year or three later severely harms everyone like the naysayers are warning it will,

What's to become of the economy when EVERYTHING is dependent on it yet it is officially pronounced to be deadly?

Anonymous D joined in and replied with this 6 years ago, 10 minutes later, 5 hours after the original post[^] [v] #1,003,255

@previous (highway to hell)

> if

It's a question of "when", idiot. Do you believe everything you hear on youtube?

(Edited 51 seconds later.)

Anonymous E joined in and replied with this 6 years ago, 7 minutes later, 6 hours after the original post[^] [v] #1,003,257

@1,003,248 (Syntax)
Illegible gibberish.

Syntax joined in and replied with this 6 years ago, 4 minutes later, 6 hours after the original post[^] [v] #1,003,258

@1,003,253 (highway to hell)
Fear of course is that to make 5G work a WHOLE HELL of a lot of added spectrum is required with a massive outbuild of Frequencies in Microwave range. (At super low power levels)
Consider that around you are huge numbers of people using BlueTooth to connect.

Me? Of more concern is the Zillions of Microwave Ovens that are just a weee bit older and in use. Try this simple experiment to see if YOUR Oven Leaks stuff that will cook your BRAIN and Testes.
Just put your phone into Microwave oven (no do not turn oven on lol) Just put phone in and with another phone call yourself and you may be SURPRISED - If it Rings it means your Oven is Leaking RF out and cooking your brain n innards. Mass of Ovens Leak like Crazy - Much more Power at harmful frequencies than all the Cell systems of the future even if you are up and close to Cell Tower.

Anyone that lays in bed with phone next to brain or on a couch or chair and talks long time is indeed dumping RF directly into Brain cavity. Warming Brain is not so much a good idea.

A more bigger worry may be that all it takes is just one Special H bomb type device to wipe out all of this in one or two blasts across nation -

Anonymous E replied with this 6 years ago, 30 minutes later, 6 hours after the original post[^] [v] #1,003,264

@previous (Syntax)
More illegible gibberish.

q. joined in and replied with this 6 years ago, 1 hour later, 8 hours after the original post[^] [v] #1,003,277

i was thinking of getting a citi savings acct so id be making 2 pct.

Syntax replied with this 6 years ago, 9 minutes later, 8 hours after the original post[^] [v] #1,003,282

@previous (q.)
A basic savings account is good for many reasons. When you end up with serious money saved it's a good time to look for other options as well.
Credit ratings make bank accounts - credit cards paid off monthly and other bank accounts are valuable because one day when you want to borrow money at the lowest rates - credit ratings really pay off.

Anonymous E replied with this 6 years ago, 55 minutes later, 9 hours after the original post[^] [v] #1,003,304

@previous (Syntax)
Even more illegible gibberish.

Father Merrin !u5oFWxmY7U joined in and replied with this 6 years ago, 3 minutes later, 9 hours after the original post[^] [v] #1,003,306

For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs - 1 Timothy 6:10

Anonymous A (OP) replied with this 6 years ago, 5 minutes later, 9 hours after the original post[^] [v] #1,003,309

@1,003,248 (Syntax)

You can't spend that $30.

tteh !MemesToDNA joined in and replied with this 6 years ago, 1 hour later, 10 hours after the original post[^] [v] #1,003,331

I have an S&S ISA with Vanguard that's made me a whopping £350 in its lifetime. Better than it sitting in a bank account though.

(Edited 1 minute later.)

highway to hell replied with this 6 years ago, 1 hour later, 12 hours after the original post[^] [v] #1,003,356

I had a 401 for about 2 and a half years once. Company matched 3.5% of my payments.
Put 50 a week in and withdrew 11 Gs.

highway to hell double-posted this 6 years ago, 2 minutes later, 12 hours after the original post[^] [v] #1,003,357

Damn thing didnt earn much but I was able to save that way.

highway to hell triple-posted this 6 years ago, 2 minutes later, 12 hours after the original post[^] [v] #1,003,359

And yes...it turned into 9 and change after penalties.

highway to hell quadruple-posted this 6 years ago, 1 day later, 2 days after the original post[^] [v] #1,003,834

So yeah I paid some taxes.

Anonymous F replied with this 6 years ago, 1 minute later, 2 days after the original post[^] [v] #1,003,835

@previous (highway to hell)
Some taxes. What kind of country bumpkin Republican pays any taxes?
Take Trump for instance where he said only stupid people pay taxes.
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