Anyone here invest in stocks?

Jimbuna · 07-06-17, 09:55 AM

Quote:

Originally Posted by Skybird

If that is what in German would be called "Einlagensicherung", then keep on mind before you put all your trust into that that Merkel some years ago, when the symptoms of the crisis hit the fan after 2007/2008, told the Germans that all their private savings' safety were to be guaranteed by the state. It meanwhile got amditted that she lied, of course. The state cannot guarantee that in case there is a bank run, the safeties are enough only to pay out less than 2% of the savings on private banking accounts. In principle that is not different in any other country.

Money reforms and money devaluation not even considered.

Too many debts, too many interests services. The situation has degenerated beyond being hopeless. The world will not get out of this without a major shakeup. All credits go to the FIAT money system.

Information on the UK FSCS here Sky:

https://en.wikipedia.org/wiki/Financ...nsation_Scheme

Skybird · 07-06-17, 10:42 AM

I see, and what I talked about in Germany and other countries, is this: https://en.wikipedia.org/wiki/Deposit_insurance The principle base question in both models is the same: to what degree can such a guarantee finance financial collapse of other institutions, or the system. Obviously the reach is limited in case of a bank run. Safeties like this help if just one bank falls, or one investment company. If the whole system is at risk, than Sayonara. And that is a very real danger. FIAT money. Its brain cancer, bone cancer, blood cancer and pancreas cancer all in one.

Aktungbby · 07-06-17, 01:34 PM

Quote:

Originally Posted by Jimbuna

Information on the UK FSCS here Sky:

https://en.wikipedia.org/wiki/Financ...nsation_Scheme

NONSENSE!

We know the truth Jimbuna

: https://en.wikipedia.org/wiki/List_of_banks_in_Guernsey In this day and age, a little 'off shore' banking is utterly necessary to one's fiduciary desmene; away from the perils of the all-seeing all-grabby neo-socialist state!

As for me... alas none of my offspring travel about on ships to be my courier

! https://www.sovereignman.com/offshore-bank-account/ ...<My only hope before moving to Costa Rica!

No wonder my 'Colon' aches: https://www.mataf.net/en/currency/converter-USD-CRC?m1=100

Platapus · 07-06-17, 03:55 PM

I am not smart enough to play the stock market. I have been happy with my mutual funds.

Aktungbby · 07-06-17, 04:20 PM

Quote:

Originally Posted by Platapus

I am not smart enough to play the stock market. I have been happy with my mutual funds.

Precisely!

Wildcat · 07-09-17, 10:32 AM

Platapus, mutual funds are stocks! They are just collections of various stocks picked by whoever is managing the fund. That is why I like Peter Lynch's books so much, he did quite well as a fund manager for 13 years.

Skybird, I understand your reservations about putting too much money in the markets. I am not sure of the state of the German markets right now, but when I look at the US markets I see a different picture from what we had in 2008 and 2000 during the dotcom bust.

One of the big things about the dotcom bust was a swelling of the Nasdaq but when you combined the book values or revenues of the companies they were nowhere near the Nasdaq average price.

This time around though, book values are pretty much in line with the average. The Dow/S&P/Nasdaq are all trading pretty high compared to book values but not crazily so. Typical bull market. I'm just waiting around for the next "market correction" as Lynch calls them, before I buy into big stocks like Amazon, Apple, Tesla, Google etc.

I feel nervous when I look at those big names - not because I worry about a market crash, but I worry that the stocks are going to split before I get a chance to buy them - that'd be a real wasted opportunity. But I do think we're overdue for a market decline and I'm not a fan of buying stocks at peak prices. Rumors abound about google's stock splitting this year which would be wonderful for my financial future but at this point if the market started going down I'd probably just end up with two cheaper stocks that would decline to the same price the single stock will if the market cools off later this year or next year.

I like watching gold miners as well, but bitcoin and etherium present a strange new complexity. In the past people went to gold as their emergency backup "investment" but these days, especially the Chinese, are grabbing bitcoins in an attempt to get their money out of the country. I wonder how it's going to mess with the price of gold the next time the US markets dip.

Anybody dabble in futures? Corn seems to have some promise considering current global corn stocks are at a low we haven't seen in about a decade.

Wildcat · 07-09-17, 10:40 AM

I thought I'd also mention, I don't think Buffett made a good move on the airline stock purchases. I'm not Warren Buffett but I do have some inside experience in the airlines. There are just way too many potential problems that could kill the share prices.

I'm sure in the very long term they will mostly be profitable, but so long as there is more than one carrier in the US, any one of them is susceptible to bankruptcy in the case of another terror attack that curbs air travel, and they're all very susceptible to a rise in oil prices. Airlines with a heavy Airbus fleet are also at risk for USD/EUR fluctuations both for new jets and parts/service contracts from Airbus. The government won't let the last 1 or 2 major airlines go bankrupt - too big to fail as they call those companies - but the first 3 or 4 that bite the dust will be left hanging in the wind by the government.

If I were Buffett I would have invested in all the industries that support the airlines and jet makers but probably would have avoided the airlines themselves to curb the risk. Lot of partners of GE that have a guaranteed future because of their involvement in producing engine parts for example, and many of the companies are spread around different world markets which is another safety buffer.

I guess he likes thinking about infrastructure and ultra-long term these days, what with his railroad purchase and all.

Platapus · 07-09-17, 12:23 PM

Quote:

Originally Posted by Wildcat

Platapus, mutual funds are stocks! They are just collections of various stocks picked by whoever is managing the fund.

Exactly! I have much more confidence in someone else managing the portfolio than if I were to manage it.

It is smart to hire someone smarter than yourself.

Eichhörnchen · 07-09-17, 01:28 PM

I'd like to see STEED in the stocks

07-06-17, 10:42 AM	#2
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,626 Downloads: 10 Uploads: 0	I see, and what I talked about in Germany and other countries, is this: https://en.wikipedia.org/wiki/Deposit_insurance The principle base question in both models is the same: to what degree can such a guarantee finance financial collapse of other institutions, or the system. Obviously the reach is limited in case of a bank run. Safeties like this help if just one bank falls, or one investment company. If the whole system is at risk, than Sayonara. And that is a very real danger. FIAT money. Its brain cancer, bone cancer, blood cancer and pancreas cancer all in one. __________________ If you feel nuts, consult an expert.

07-06-17, 03:55 PM	#4
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,365 Downloads: 63 Uploads: 0	I am not smart enough to play the stock market. I have been happy with my mutual funds. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.

07-09-17, 01:28 PM	#9
Eichhörnchen Starte das Auto Join Date: Aug 2014 Location: The Fens Posts: 17,389 Downloads: 5 Uploads: 0	I'd like to see STEED in the stocks __________________

07-09-17, 10:32 AM	#6
Wildcat Engineer Join Date: Jan 2002 Posts: 215 Downloads: 69 Uploads: 0	Platapus, mutual funds are stocks! They are just collections of various stocks picked by whoever is managing the fund. That is why I like Peter Lynch's books so much, he did quite well as a fund manager for 13 years. Skybird, I understand your reservations about putting too much money in the markets. I am not sure of the state of the German markets right now, but when I look at the US markets I see a different picture from what we had in 2008 and 2000 during the dotcom bust. One of the big things about the dotcom bust was a swelling of the Nasdaq but when you combined the book values or revenues of the companies they were nowhere near the Nasdaq average price. This time around though, book values are pretty much in line with the average. The Dow/S&P/Nasdaq are all trading pretty high compared to book values but not crazily so. Typical bull market. I'm just waiting around for the next "market correction" as Lynch calls them, before I buy into big stocks like Amazon, Apple, Tesla, Google etc. I feel nervous when I look at those big names - not because I worry about a market crash, but I worry that the stocks are going to split before I get a chance to buy them - that'd be a real wasted opportunity. But I do think we're overdue for a market decline and I'm not a fan of buying stocks at peak prices. Rumors abound about google's stock splitting this year which would be wonderful for my financial future but at this point if the market started going down I'd probably just end up with two cheaper stocks that would decline to the same price the single stock will if the market cools off later this year or next year. I like watching gold miners as well, but bitcoin and etherium present a strange new complexity. In the past people went to gold as their emergency backup "investment" but these days, especially the Chinese, are grabbing bitcoins in an attempt to get their money out of the country. I wonder how it's going to mess with the price of gold the next time the US markets dip. Anybody dabble in futures? Corn seems to have some promise considering current global corn stocks are at a low we haven't seen in about a decade.

07-09-17, 10:40 AM	#7
Wildcat Engineer Join Date: Jan 2002 Posts: 215 Downloads: 69 Uploads: 0	I thought I'd also mention, I don't think Buffett made a good move on the airline stock purchases. I'm not Warren Buffett but I do have some inside experience in the airlines. There are just way too many potential problems that could kill the share prices. I'm sure in the very long term they will mostly be profitable, but so long as there is more than one carrier in the US, any one of them is susceptible to bankruptcy in the case of another terror attack that curbs air travel, and they're all very susceptible to a rise in oil prices. Airlines with a heavy Airbus fleet are also at risk for USD/EUR fluctuations both for new jets and parts/service contracts from Airbus. The government won't let the last 1 or 2 major airlines go bankrupt - too big to fail as they call those companies - but the first 3 or 4 that bite the dust will be left hanging in the wind by the government. If I were Buffett I would have invested in all the industries that support the airlines and jet makers but probably would have avoided the airlines themselves to curb the risk. Lot of partners of GE that have a guaranteed future because of their involvement in producing engine parts for example, and many of the companies are spread around different world markets which is another safety buffer. I guess he likes thinking about infrastructure and ultra-long term these days, what with his railroad purchase and all.