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More men are addicted to the 'crack cocaine' of the stock market

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Re: More men are addicted to the 'crack cocaine' of the stock market

#401
post #323
post #252

when you re generationally deprived of real estate heroin, you end up with stock market cocaine it s all partly gambling but different strokes for different generations

Good insured real estate is always a good safe bet. The best conservative investment that current & few past gens could have done while being completely clueless about stocks, markets, politics etc. People need to live someplace to be just part of society and also to just survive, plus there is emotional and status aspect. Western construction is lagging behind population growth in popular places plus running / ran o…

I am not so sure. An article is on the front page of the WSJ (online) about property taxes and insurance becoming more than the mortgage payments.

In parts of the country there's a crash in the works (Sunbelt, Florida in particular).

Where I live renting is substantially cheaper than buying, by thousands a month. You are absolutely better off buying a mutual fund with the difference and enjoying the flexibility of having cash.

I am not so sure what is going on in the housing market, but there is so little inventory in the hotspots, and what appears to be a dump in the no-longer-hot-spots, that it's scarier than buying stocks right now.

Re: More men are addicted to the 'crack cocaine' of the stock market

#402

Earlier quoted context omitted.

> Must be nice if politics is just good and bad guys for you. Some politics are more complicated. Other politics are treated as more complicated because people get uncomfortable when you point out that they're casually endorsing-via-silence the mass murder of one group of people by another. There's nothing complicated there. If you as a nation state or standing army are obliterating an opponent that can't fight back…

That is not at all the definition of genocide. Israel is not pursuing a strategy of indiscriminate killing. Hard to take anyone seriously making such good/evil distinctions, especially when the they are not reckoning with the evil of Hamas & co. beyond “well gee shucks Palestine ain’t perfect either yall!” Only one side has the state md objective of “ethnic cleansing” and it’s not the Israelis

> Israel is not pursuing a strategy of indiscriminate killing.

No they're pursuing a strategy of using intelligence and AI to strategically target "Hamas hideouts" which both conveniently for the state of Israel and in fact are often civilian structures, which result in tremendous "accidental" civilian casualties, which Israel is clearly incredibly broken up about as they continue causing them week after week.

In reply to both this and the other person who's asking for my solution: I don't know, because fighting insurgent forces in any area of the globe at virtually any time in human history has only rarely succeeded for the non-insurgent side, and universally that success came at the cost of numerous atrocities perpetrated against the insurgent forces and the civilians they hide amongst. The most powerful military on the planet tried this exact same thing in Iraq, and 2 decades and trillions of dollars later, we left the Taliban and ISIS billions of dollars in U.S. war materiel, and the state of Iraq such as it was was quickly overrun by those same forces which enjoyed at least some level of support among the civilians they were hiding with, probably because it's extremely easy, even if they don't think you give a shit about them, to explain to people that the other side shelling their cities to rubble every day are bad people that are trying to kill them. Shock of shocks, even civilians largely against the ideological positions of organizations like Hamas, end up more or less on their side, because again, the other side is Israel, who is actively killing them, accidentally or not making precious little difference to the people at the wrong end of their missile strikes.

I would say, with a grain of salt as I am not even remotely in this line of work, but I would say: when your enemy combatants are sheltered by a civilian population, do not possess a standing traditional army that would otherwise meet you on a field of battle, and are prepared to carry this out as long as your state is: then there is no solution, apart from killing everyone. The problem is the more civilians you kill in your quest to kill the combatants simply makes your combatants job of recruiting people to their cause even easier, because you killed their family in the previous bombing run. Ergo, the logical endpoint of this cycle is either returning to the stalemate that has persisted for decades now, where Hamas takes pot shots at Israel from neighborhoods, or the Israeli's just finishing the job and turning Palestine and what remains of her people into dust and corpses. Simply openly declaring that one state, Israel, and her people, have a greater right to exist than Palestine and her people do, and let that play out.

However, that is an ethnic cleansing, and IMO, still a heinous crime against humanity unless we're just going to plunk down some UN courts and say, once and for all, that a resistance movement fighting inside a besieged state is such an impossible strategic puzzle to solve, that it's okay to just obliterate the entire fucking thing. Which is an option, though I think it's a pretty horrific one.

Re: More men are addicted to the 'crack cocaine' of the stock market

#403

Earlier quoted context omitted.

DCA in my understanding is automatically investing a fixed amount at fixed intervals. E.g. $100/month, or whatever. The amount and interval aren't all that critical. The point is to do it automatically and not try to time the market. Yes I also have heard the advice to dollar cost average a lump sum, not so much in the scenario of a rollover of an existing investment, but when a large amount of cash has become availa…

A year is pretty extreme. If you cut a lump sum into a series of transactions over a couple weeks or even days it is just about the least expensive way to exchange earning potential for reduced volatility. You miss out on like 2 weeks of earnings in exchange for a huge reduction in the chance that you buy in and are immediately down 2% or something.

You can do both. You can invest the entire amount, but make it short/medium bond heavy on Day 1. As you go thru the year, you rotate more and more of your fixed income allocation towards equity until you reach your target equity %. This is relevant if, for example, you downsized your home or received a retirement payout.

Re: More men are addicted to the 'crack cocaine' of the stock market

#404
post #331

Earlier quoted context omitted.

10 year olds can figure out that killing children for 14 months is evil . That everyone can't see that is the power of propaganda.

I suspect most parents would be prepared to risk the lives of strangers' children if it stopped their own from being killed.

Some of you may die, but it is a sacrifice I am willing to make.

Re: More men are addicted to the 'crack cocaine' of the stock market

#405

The supposed "survey" or whatever the hell this is was taken from a bunch of amateur people who started trading out of boredom which depicts an entirely non-real picture of the people who have been doing this for a living since quite some time. Like with everything else, using your brain cells can quickly make you realize it's a lot more than "gambling"

> Like with everything else, using your brain cells can quickly make you realize it's a lot more than "gambling" Which sounds similar to how gambling addicts report their thoughts on their addiction - that they are smart enough to learn poker, or they know enough basketball to be able to predict outcomes. Like with everything else, some research and data interpretation shows that with the remarkable exception of two…

>Which sounds similar to how gambling addicts report their thoughts on their addiction - that they are smart enough to learn poker, or they know enough basketball to be able to predict outcomes.

Some people are smart enough to learn poker, and build careers out of them. And there are many books on poker. You picked a poor example.

Re: More men are addicted to the 'crack cocaine' of the stock market

#406
There's a paper I saw a while ago that uses LSTM for some kind of technical analysis trading, and the portfolio grew from 115k to 155k in a year, but also consistently

Seems like there's clear patterns to the market. If only these apps would teach people these patterns and trading techniques in depth rather than just letting them trade

Re: More men are addicted to the 'crack cocaine' of the stock market

#407

Earlier quoted context omitted.

It's funny because 9-5 is still a great way to actually enrich yourself. The best way to grow your wealth is to increase your income, and a salary+benefits is the juiciest way to do that. Sadly, I've seen many male friends of mine obsess with the stock market but not have anything going career-wise. They just hope they hit big and "make it." Better to just stack salary for years the boring way and save yourself the t…

9-5 is definitely not the way to enrich yourself, that's an unfortunate message. Have you noticed how housing costs have consistently beat inflation for decades? At least if you live in a VHCOL area. It's easy - check the FRED report on the median salary and compare that with a graph showing the median housing price. OK so the most important thing is out of reach with 9-5, independence from rent. The next set of fact…

idk man I graduated a decade ago and switched jobs every 2ish years and now my income dwarfs my expenses and I saved $100k+ for a down payment years ago. It's those raises from changing jobs, promotions, career development that paid off more than which ETF I stuffed my money into.

I don't live frugally or have roommates (except my wife who hasn't worked for years).

I've literally never had expenses so high I couldn't max my 401k, HSA, and go to restaurants, travel, buy fun stuff, keep an good emergency fund. And I lived in Seattle most of that decade. Also my job is super easy for me.

Crazy how much a degree from a midwest state school can do...

Re: More men are addicted to the 'crack cocaine' of the stock market

#408

Earlier quoted context omitted.

9-5 is definitely not the way to enrich yourself, that's an unfortunate message. Have you noticed how housing costs have consistently beat inflation for decades? At least if you live in a VHCOL area. It's easy - check the FRED report on the median salary and compare that with a graph showing the median housing price. OK so the most important thing is out of reach with 9-5, independence from rent. The next set of fact…

Most of the country does not live in very high cost of living areas, so what you said isn't true in most places. And at some point, if your location is so bad that you just can't make it work financially, move . Yes, moving sucks for many reasons. But people are not powerless victims who just get stuck somewhere and can't do anything else, they have the ability to take themselves to another place where the opportunit…

Seattle is a high COL area and even there with a tech job you can accumulate a lot of cash..

Re: More men are addicted to the 'crack cocaine' of the stock market

#409

There's a paper I saw a while ago that uses LSTM for some kind of technical analysis trading, and the portfolio grew from 115k to 155k in a year, but also consistently Seems like there's clear patterns to the market. If only these apps would teach people these patterns and trading techniques in depth rather than just letting them trade

There's a paper I saw a while ago that uses patterns for some kind of roulette strategy, and the bankroll grew from 115k to 155k in a year, but also consistently.

Seems like there's clear patterns to how roulette tables operate. If only casinos would teach people these patterns and strategies in depth rather than just letting them play.

Re: More men are addicted to the 'crack cocaine' of the stock market

#410
post #386

Earlier quoted context omitted.

> Must be nice if politics is just good and bad guys for you. Some politics are more complicated. Other politics are treated as more complicated because people get uncomfortable when you point out that they're casually endorsing-via-silence the mass murder of one group of people by another. There's nothing complicated there. If you as a nation state or standing army are obliterating an opponent that can't fight back…

Good, what’s your plan of resolution?

I answered you in the other comment, but my "resolution" would've been not carving out a chunk of a number of middle eastern former colonies and turning it into a Jewish ethnostate. But that's done now, and now Israelis have lived there for so long that simply "packing it up" and moving them elsewhere is now also, if not equally IMO, problematic as an action.

Israel is itself a project of the latter end of colonialism, and like many projects and side-effects and consequences of colonialism, we will be feeling it for hundreds if not thousands of years into the future. I don't know how you fix it, apart from letting Israel demolish Palestine, and all the human horror that comes with that.

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