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finance
the stock market is a scam.
submitted 3 years ago * by SubliminalCriminal from self.finance
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[–]ImHereForFinance 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (3 children)
I dont own facebook. Of the tech stocks it is the most attractively priced. If a ceo does not deliver he will be replaced.
[–]SubliminalCriminal[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (2 children)
be so careful.. stock market corrections and crashes happen with little or no warning. it is almost impossible to detect a black swan event in the markets.
my point that i am making is that zuckerberg already has your cash, and it is actually a good thing for him if his share drop to fifty cents per share... he will just buy them back... he will have third parties buy all of the shares back for him quietly... and then he doesnt need to pay any dividends.
small minds think small.
i can smell crime from across the street.
.....on another topic....
you should look at the "pay us to play a demo account" trading scam... check it out..
this scam is about how several companies allow gullible forex traders to pay a fee to prove themselves to these so-called prop trading companies, and if the trader is able to successfully trade his demo(play money) account, then he will be awarded a live real money account.
the catch is this... they make rules that you must follow to make it thru your "challenge phase"... these rules make it literally impossible for you to trade your demo account profitably, and so you end up paying a fee for nothing..
https://ftmo.com
you wouldnt believe how many otherwise intelligent traders gobble up this scam bullshit and get nothing in return.
[–]ImHereForFinance 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago* (1 child)
I made over 47% return since march. The sp500 went up 80% so I actually under-performed. It would have to fall considerably to negatively impact me. Im optimistic. As long as glorious leader is in charge they will continue to print funny money and inflate the price of the elites assets as well as refinance them.
[–]SubliminalCriminal[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
if i told you that you can make money playing russian roulette, would you like to play?
probably not, huh? cuz you know that you are going to lose eventually..
with russian roulette, you put one bullet into a six shooter revolver and you spin the cylinder and then point the gun at your head and pull the trigger..
you have a one out of six chance of dying, five chances out of six to win..
with the stock market you have a much longer life expectancy, but the outcome is the exact same as with russian roulette.
in the end, you will die financially with the stock market, when the market crashes, and every company that sold you stock wins because they already have your cash.
facebook is laughing their asses off at you, cuz they have at least a hundred billion of your cash in their hands and all they have to do is to run a website and what did you get in return? a worthless digital stock certificate.
excuse me, it isnt worthless just yet, but it will be worthless, just wait and see.
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[–]ImHereForFinance 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (3 children)
[–]SubliminalCriminal[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (2 children)
[–]ImHereForFinance 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–]SubliminalCriminal[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)