dow jones

[floridays]

Gambled, didn't invest.

. The public buys the most at the top and the least at the bottom.

I guess if 1929 happens again only the gamblers lose, not the "investors?"

I guess the term "depression kid" and how they thought and acted was derived from their parents gambling everything away?

A lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.

I guess I'm guessing too much.
Walk me through how it works.
I'm not a market wizard, but other peoples decisions which I have no control over can definitely affect my outcome.

I'm no gambler either, financial markets, sports, nothing beyond the gambles getting out of bed and meeting what the day offers. .

This post is not meant to attack what you said, it's an honest search for answers.

 

[UnionStrong]

Yeah, that sums it up nicely.

 

[Jkloc420]

It is like ups mangement is running the u.s government

 

[Wally]

I guess if 1929 happens again only the gamblers lose, not the "investors?"

I guess the term "depression kid" and how they thought and acted was derived from their parents gambling everything away?


I guess I'm guessing too much.
Walk me through how it works.
I'm not a market wizard, but other peoples decisions which I have no control over can definitely affect my outcome.

I'm no gambler either, financial markets, sports, nothing beyond the gambles getting out of bed and meeting what the day offers. .

This post is not meant to attack what you said, it's an honest search for answers.

Not every stock was wiped out after the crash. If you needed that money to survive, the market is not for you. Some were borrowing to buy stock or buying on margin.

 

[floridays]

Not every stock was wiped out after the crash. If you needed that money to survive, the market is not for you.

That is understood.

Back to the larger question I was asking.

Most people in 1929 had no personal involvement with the stock market, today most with jobs and 401k's or pension plans do, and those that don't will be affected by a crash as well.

Kinda like how supply side affects all for the better, in the inverse a depression has the same effect, gamblers, investors, and non-participants alike.

I guess my bottom line is all gamblers, intelligent investors like you, and people with no personal monetary exposure to the market when it happens again (as you said it would,) will lose.

I'm just trying to understand.

 

[Up In Smoke]

That is understood.

Back to the larger question I was asking.

Most people in 1929 had no personal involvement with the stock market, today most with jobs and 401k's or pension plans do, and those that don't will be affected by a crash as well.

Kinda like how supply side affects all for the better, in the inverse a depression has the same effect, gamblers, investors, and non-participants alike.

I guess my bottom line is all gamblers, intelligent investors like you, and people with no personal monetary exposure to the market when it happens again (as you said it would,) will lose.

I'm just trying to understand.

Not necessarily true. Most stocks have as many long positions (they want the stock to increase in value) as short positions (wanting it to decrease in value). So, if the market does crash only half the money will be lost. That being said, the companies themselves will be financially destroyed, thus causing massive unemployment, recession and bankruptcies.

 

[Wally]

More than $200bn wiped off cryptocurrency market in a day

Bitcoin and Ethereum have plunged amid a broader crypto selloff.

www.moneyweb.co.za

 

[Up In Smoke]

Wally is correct. The Great Depression reeked so much havoc because of margin investing. A few made millions, while the masses lost everything. I always back my long positions with some sort of downside insurance. I'm down this year, but only marginally (see what I did there).

 

[IVE GOTTA PACKAGE 4U]

Wally is correct. The Great Depression reeked so much havoc because of margin investing. A few made millions, while the masses lost everything. I always back my long positions with some sort of downside insurance. I'm down this year, but only marginally (see what I did there).

The moral to this story is, don't bet the rent money

 

[Jkloc420]

The moral to this story is, don't bet the rent money

Yes bet it

 

[Jkloc420]

https://twitter.com/i/web/status/1524500725899923456

 

[UnionStrong]

https://twitter.com/i/web/status/1524500725899923456

What an imbecile

 

[DELACROIX]

https://twitter.com/i/web/status/1524500725899923456

“Waiting hours to get a box of food”...now I can understand why some of his voters and supporters started looting.

 

[rickyb]

stock market ponzi down 25%.

bubble in process of popping

 

[Box Ox]

stock market ponzi down 25%.

What?

 

[rickyb]

What?

they print money to inflate the prices. not based on anything. 10 trillion since 08

 

[Thebrownblob]

stock market ponzi down 25%.

bubble in process of popping

Year	Average Closing Price	Year Open	Year High	Year Low	Year Close	Annual % Change
2022	34,401.62	36,585.06	36,799.65	31,730.30	31,730.30	-12.68%
2021	34,055.29	30,223.89	36,488.63	29,982.62	36,338.30	18.73%
2020	26,890.67	28,868.80	30,606.48	18,591.93	30,606.48	7.25%
2019	26,379.55	23,346.24	28,645.26	22,686.22	28,538.44	22.34%
2018	25,046.86	24,824.01	26,828.39	21,792.20	23,327.46	-5.63%
2017	21,750.20	19,881.76	24,837.51	19,732.40	24,719.22	25.08%
2016	17,927.11	17,148.94	19,974.62	15,660.18	19,762.60	13.42%
2015	17,587.03	17,832.99	18,312.39	15,666.44	17,425.03	-2.23%
2014	16,777.69	16,441.35	18,053.71	15,372.80	17,823.07	7.52%
2013	15,009.52	13,412.55	16,576.66	13,328.85	16,576.66	26.50%
2012	12,966.44	12,397.38	13,610.15	12,101.46	13,104.14	7.26%
2011	11,957.57	11,670.75	12,810.54	10,655.30	12,217.56	5.53%
2010	10,668.58	10,583.96	11,585.38	9,686.48	11,577.51	11.02%
2009	8,885.65	9,034.69	10,548.51	6,547.05	10,428.05	18.82%
2008	11,244.06	13,043.96	13,058.20	7,552.29	8,776.39	-33.84%
2007	13,178.26	12,474.52	14,164.53	12,050.41	13,264.82	6.43%
2006	11,409.78	10,847.41	12,510.57	10,667.39	12,463.15	16.29%
2005	10,546.66	10,729.43	10,940.55	10,012.36	10,717.50	-0.61%
2004	10,315.51	10,409.85	10,854.54	9,749.99	10,783.01	3.15%
2003	9,006.64	8,607.52	10,453.92	7,524.06	10,453.92	25.32%

Please don’t cherry pick, the general trend over the last 20 years is by far up.

 

[IVE GOTTA PACKAGE 4U]

Year	Average Closing Price	Year Open	Year High	Year Low	Year Close	Annual % Change
2022	34,401.62	36,585.06	36,799.65	31,730.30	31,730.30	-12.68%
2021	34,055.29	30,223.89	36,488.63	29,982.62	36,338.30	18.73%
2020	26,890.67	28,868.80	30,606.48	18,591.93	30,606.48	7.25%
2019	26,379.55	23,346.24	28,645.26	22,686.22	28,538.44	22.34%
2018	25,046.86	24,824.01	26,828.39	21,792.20	23,327.46	-5.63%
2017	21,750.20	19,881.76	24,837.51	19,732.40	24,719.22	25.08%
2016	17,927.11	17,148.94	19,974.62	15,660.18	19,762.60	13.42%
2015	17,587.03	17,832.99	18,312.39	15,666.44	17,425.03	-2.23%
2014	16,777.69	16,441.35	18,053.71	15,372.80	17,823.07	7.52%
2013	15,009.52	13,412.55	16,576.66	13,328.85	16,576.66	26.50%
2012	12,966.44	12,397.38	13,610.15	12,101.46	13,104.14	7.26%
2011	11,957.57	11,670.75	12,810.54	10,655.30	12,217.56	5.53%
2010	10,668.58	10,583.96	11,585.38	9,686.48	11,577.51	11.02%
2009	8,885.65	9,034.69	10,548.51	6,547.05	10,428.05	18.82%
2008	11,244.06	13,043.96	13,058.20	7,552.29	8,776.39	-33.84%
2007	13,178.26	12,474.52	14,164.53	12,050.41	13,264.82	6.43%
2006	11,409.78	10,847.41	12,510.57	10,667.39	12,463.15	16.29%
2005	10,546.66	10,729.43	10,940.55	10,012.36	10,717.50	-0.61%
2004	10,315.51	10,409.85	10,854.54	9,749.99	10,783.01	3.15%
2003	9,006.64	8,607.52	10,453.92	7,524.06	10,453.92	25.32%

Please don’t cherry pick, the general trend over the last 20 years is by far up.

The Lost Decade, Or Was It?

***The following is an excerpt from the Q1 2010 PWA Newsletter regarding the so-called “lost decade of investing”, a term used by much of the press to describe the performance of the st…

blog.perpetualwealthadvisors.com

 

[rickyb]

Year	Average Closing Price	Year Open	Year High	Year Low	Year Close	Annual % Change
2022	34,401.62	36,585.06	36,799.65	31,730.30	31,730.30	-12.68%
2021	34,055.29	30,223.89	36,488.63	29,982.62	36,338.30	18.73%
2020	26,890.67	28,868.80	30,606.48	18,591.93	30,606.48	7.25%
2019	26,379.55	23,346.24	28,645.26	22,686.22	28,538.44	22.34%
2018	25,046.86	24,824.01	26,828.39	21,792.20	23,327.46	-5.63%
2017	21,750.20	19,881.76	24,837.51	19,732.40	24,719.22	25.08%
2016	17,927.11	17,148.94	19,974.62	15,660.18	19,762.60	13.42%
2015	17,587.03	17,832.99	18,312.39	15,666.44	17,425.03	-2.23%
2014	16,777.69	16,441.35	18,053.71	15,372.80	17,823.07	7.52%
2013	15,009.52	13,412.55	16,576.66	13,328.85	16,576.66	26.50%
2012	12,966.44	12,397.38	13,610.15	12,101.46	13,104.14	7.26%
2011	11,957.57	11,670.75	12,810.54	10,655.30	12,217.56	5.53%
2010	10,668.58	10,583.96	11,585.38	9,686.48	11,577.51	11.02%
2009	8,885.65	9,034.69	10,548.51	6,547.05	10,428.05	18.82%
2008	11,244.06	13,043.96	13,058.20	7,552.29	8,776.39	-33.84%
2007	13,178.26	12,474.52	14,164.53	12,050.41	13,264.82	6.43%
2006	11,409.78	10,847.41	12,510.57	10,667.39	12,463.15	16.29%
2005	10,546.66	10,729.43	10,940.55	10,012.36	10,717.50	-0.61%
2004	10,315.51	10,409.85	10,854.54	9,749.99	10,783.01	3.15%
2003	9,006.64	8,607.52	10,453.92	7,524.06	10,453.92	25.32%

Please don’t cherry pick, the general trend over the last 20 years is by far up.

yea i dont dispute that im saying were in teh ponzi phase of hte business cycle

 

[Thebrownblob]

View attachment 383764

The Lost Decade, Or Was It?

***The following is an excerpt from the Q1 2010 PWA Newsletter regarding the so-called “lost decade of investing”, a term used by much of the press to describe the performance of the st…

blog.perpetualwealthadvisors.com

Maybe. All investing is a little bit of lies mixed with truth.