/biz/ - Business & Finance

>>1273339
700 is barely the median fico. if you're not the exception you're the masses mired in shit. Its all in the credit secrets bible in muh link.

I ask for twenty and they give it to me.

The macro economy is shit, but that has little to no effect on your personal Micro economy. Frankly most people are broke b/c they are not doing even the minimum necessary to be considered competitive on an economic level.

I post these fucking 0 monies tutorials and go on and on about the contents and how to min/max your life and how easy money is. I'm not getting enough download frequency to keep them up for longer than the one month minimum time. Less than 1 DL a month.
Entitled people fucking whine while a handful actually research and get shit handled and expose themselves to greater and greater marginal efficiency.

I'm short

Ben Graham wrote, there are 2 ways to successfully invest.
Actively and Offensively or Passively and Defensively.
There is NO SUCH THING AS A SAFE INVESTMENT INSTRUMENT. EVER. If you are being pitched that find a new broker. Right away. Just fucking, have a nice day and leave.

Active Investing is a full time job. It is disadvantaged in that you pay more to uncle sam and your broker. Average annual returns for the active retail investor with moderate risk are in the 50% - 2x range. Interspersed with losses and break even years. With limited added value to your life. You're investing in everything that's moving quickly and getting out as soon as you make money. Especially in the beginning.
You are generally preventing your emotions from letting you get in to a "hot" position. Up, down, Sideways, it doesn't matter you're making money.

While Defensive trading is different. You are spending months doing research and stacking capital looking for great bets. Only when you see a crazy good deal do you dive hard, fast and strong. Then you wait. and stack and wait. and sit on your hands and wait. and let your little piece of the drone empire grow. Assuming your research was good and you picked a Thoroughbred winner. The risk is in the stacking phase. where do you park your new investment capital in the meantime to avoid currency risk. It will often be a very long time between bets. And not having the balls to make the bet.

The active trader is in the thick of it dual wielding sub machine guns, loaded with body armor and gear and coffee. Spraying expensive bullets at everything that moves.
While the Defensive trader is like a sniper with one bullet often naked, waiting and waiting to line up a shot that knocks 3-10 kills out with one bullet.

The best traders of our lifetime are trained in both, but grow their wealth in one.
Diversification is a critical risk reduction strategy for the aggressive trader.