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Old 08-06-19, 02:50 PM   #41
Skybird
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Join Date: Sep 2001
Location: the mental asylum named Germany
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Warren Buffet has stoipped to invest. Greetings from Ayn Rand.

https://translate.google.de/translat...eren-will.html

Personally, i have opted out of paper stuff and stocks two years ago, I found that when _I looked at the stockmarket, what happened did not make sense to me anymore and the values announced I did not see as well-founded, solid, serious figures. I opted out, following the maxime to suffer some losses in small profits not realised, but avoiding any big loss from the Big One suprising me and all others, and that could come just any day now. This week, in two years - nobody can say. I am too old as if I could afford a big loss and then spend many years to see compensation for it in the afteryears. The next earthquake in the paper money world will be bigger than 2007, and the Euro will not survive it, and then even companies of whom you own stocks may lose much of the blown up value of theirs.

There is no risk-free or low-risk interest to be found anymore. There only is interest-free risk left. And thats what the FED and ECB wants to force private people to go into.The 30-years-duration German bonds last week where the last German bonds now being given with punishment taxes (=negative interests). If even claimed solid bonds like German ones get handed out with negative interest punishement now, this tells all you need to know. Not that I am a fan of bonds, I am not, not at all. Bankers say that now 97% (edit, I am not certain anymore, could also be 80% what they said) of all state bonds in global circulation are bonds with negative interests. Growing. even high risk bonds come with negative interests now!

In Germany, the socialists plan to tax not just selling stocks from near future on, but also buying them should be taxed. Double txes. You buy them with income of yours that also already was taxed, so it in fact is triple taxing. Only buying German state bonds should be free of tax. Instead, you get less money back at the end, and pay "negative interest". Insane.

There is not one indicator light on the control panel that is not hectically flashing in emergenc-red. Its all red, whereever the eye looks. Abandon the ship if you can.
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Last edited by Skybird; 08-06-19 at 02:59 PM.
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