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/biz/ - Business & Finance

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>> No.15006861 [View]
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15006861

>>15006322
>There's plenty of posts here about stocks that literally no one has responded to.
Probably because you're all retards gambling. Why do we even have these threads anymore? Not a single fucking person here is talking about anything relevant to actually investing, you're just randomly picking companies based off news cycles. I cant even remember the last time someone posted their yields, dividends, projected profits/loss on a company. /biz/ is literally worthless for making money. Risk management literally does not exist on /biz/, its impossible to make money without understanding or dealing with it. Drawing some trend lines on a graph does not fucking make you right in predicting the future.

You're all day/week trading tiny amounts of money thinking you're going to make it big that way because everyone here wants to make as much money as possible with as little work instead of actually sitting down and putting in effort. It doesn't matter if you have $1 or $10M, there are simple easy long term investing strategies which have been shown over and over to beat any dumb fuck short term trading. Even the best funds in the world dont trade in short term anymore, stocks are literally only purchased for 2 years minimum, and those funds still in 10+ year time frames often fail to out perform the basic indexes.

And finally to top it all off the perfect investment does exist, the SP500 or your countries equivalent in an index fund/ETF. Do you know how fucking insane a 10% return every single year for the rest of your life is? When you throw in dividends and buybacks your tiny 10,000 seed grows into hundreds of thousands, and the more you put into it the faster it grows. But no one here would do that, because it would require you sitting down and figuring out how much you can save a year, and putting it away from the future, and you're all so fucking impatient you would rather throw it all away on a worthless chance of getting rich.

This board is fucking Tulips.

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