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/biz/ - Business & Finance

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896979 No.896979 [Reply] [Original]

he keeps telling me to buy index funds, is he right?

>> No.896991

yes

>> No.897078

no

>> No.897079

maybe so

>> No.897083

i guess so

>> No.897087

I don't know

>> No.897091

ask me again later

>> No.897093

YOU'RE NOT THE BOSS OF ME NOW
YOU'RE NOT THE BOSS OF ME NOW

AND YOU'RE NOT SO BIG

>> No.897094

if he says it on tv it must be true then

>> No.897109

he has NO IDEA how bad it is out there
NO IDEA

NONE

>> No.897120 [DELETED] 

>>897109
>he has NO IDEA how bad it is out there
Bad out there? Profits are strong; not bulletproof but sustainably healthy. Consumer demand remains strong. Inflation is zero. Borrowing costs are essentially zero. Technology and efficiency continue to push GDP margins. Wage growth could be higher, but its particularly worrying. All told, the economy is incredibly healthy.

Are there a few global troublespots? Sure, but there always are. Different year, same noise.

Kid, you've got to learn to separate between your problems and the world's problems. You may be poor, scared, and have bleak prospects ... but that doesn't mean the economy is bad. It just means you need counseling or Prozac.

>> No.897126

>>897109
>he has NO IDEA how bad it is out there
Bad out there? Profits are strong; not bulletproof but sustainably healthy. Consumer demand remains strong. Inflation is zero. Borrowing costs are essentially zero. Technology and efficiency continue to push GDP margins. Wage growth could be higher, but its not particularly worrying. All told, the economy is incredibly healthy.

Are there a few global troublespots? Sure, but there always are. Different year, same noise.

Kid, you've got to learn to separate between your problems and the world's problems. You may be poor, scared, and have bleak prospects ... but that doesn't mean the economy is bad. It just means you need counseling or Prozac.

>> No.897177

>>897126
lolol - someone missed the cramer meme @ 2:03

https://www.youtube.com/watch?v=rOVXh4xM-Ww

>> No.897198

>>897177
>the cramer meme
Yeah, my bad I guess. I stopped watching TV financial news my second year in the markets. Literally zero value.

>> No.897204

>>897198
>was in the markets before realising this
You're not gonna make it bruh

>> No.897212

>>897198
Erm... This was during the financial crisis of '08. Who wasn't watching financial news on TV (trader, investor, everyone, etc.)? Internet trading was nowhere near as convenient, fast, or even available as it is today (account minimums and what not).

You are either a total failure or maybe you are just too young.

>> No.897217

>>897204
>You're not gonna make it bruh
I like my chances.

>>897212
>You are either a total failure or maybe you are just too young.
Option C?

>> No.897223

>>896979
Fuck. NO.

>> No.897225

>>897217
Lmao - or you had already made your millions and were comfortably retired/semi-retired.