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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

#511

Post by rsanek »

hipadev23 wrote: post #433
ghxst wrote: post #419

Earlier quoted context omitted.

This to me on a surface level this seems totally fine, however I can't help to feel conflicted when that money is being spent on some of the more "predatory" games like gachas, however I'm not sure if it's really too different from kids spending their money on pokemon cards either. Do you feel different about those or would you say it's the same thing?

There’s nothing to say it was predatory games. Roblox is a platform with a vast number of games from unaffiliated developers.

i mean they're pretty affiliated, they develop games that only work on their platform and get paid by Roblox directly.

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

#512

Post by rsanek »

hiddencost wrote: post #481
jajko wrote: post #323

Earlier quoted context omitted.

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've done the math for a bunch of properties family and friends have owned, and they were never beating index funds. Do the math and you'll find that putting your money in an index fund almost always beats real estate, with much less risk and much less work. It's easy for one property to underperform the market by a lot. It's hard for an index fund to do the same. I own a $1.5M rental home in a luxury destination and…

I've found this to often also be the case, but leverage completely blows these numbers up.

you'd be right if someone was willing to let you lever up 5:1 and bet on index funds. however you can only accomplish this with real estate, and with such leverage the required rate of return is far lower to make it worth it.

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

#513

Post by boopk »

skybrian wrote: post #493
boopk wrote: post #479

Earlier quoted context omitted.

okay I don't comment on here often, can check my post history, but absolutely would not sell your bitcoin any time soon considering we have a pro crypto president and have an approx 40% chance of a bitcoin strategic reserve within the first 100 days. terrible advice tbh.

I think the word some is doing most of the work there. There are other investments, too, you know. Diversifying means you sleep better. (Also, Congress just showed that many Republicans won’t listen to Trump, or Musk, when they have other ideas.)

I wouldn't sell any imo. if anything his conviction should have grown. sell now for what? to buy back higher in 4 years? diversifying in assets that historically perform worse would not make me sleep better tbh esp considering the events on the horizon for btc... nation states buying, US strategic reserve potential, microstrategy issuing 10b stock proposal, etf's buying at an alarming rate. Way too much happening imo to sell at the precipice of what very well could be the end of consumer friendly pricing for btc.

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

#514

Post by sashank_1509 »

At some point the US will have to come to terms that the insane libertarianism that it shows to individuals is not a recipe for them living a good or meaningful life. Modern life makes it extremely easy for men to ruin their lives, with gambling, drugs, alcohol, screen addiction etc. We know what a good life looks like, we lack the will of forcing people who make destructive decisions into living the good life. Until that is done, things will keep getting worse.

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

#515

Post by stocknoob »

carlosjobim wrote: post #379
SoftTalker wrote: post #313

Earlier quoted context omitted.

This is the reason dollar-cost-averaging works. You buy less (shares) when the market is high, and more when it is low, without thinking about it and without trying to "time" your transactions (which almost always fails unless you have inside info).

Dollar cost averaging does not work and has never worked. Because most assets have unlimited upside and unlimited downside. A stock or asset can go ballistic for decades like Apple or Bitcoin, or it can fall to zero value. There are no mathematical ways of winning investing. If it was that easy, everybody would do it. You can only follow your heart and do your due diligence.

X to 0 is an interesting definition of unlimited.

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

#516

Post by d1sxeyes »

fullshark wrote: post #270
JKCalhoun wrote: post #210

> They expect the problem to worsen. The stock market has climbed 23% this year... The problem will resolve itself if (when?) the market crashes. I remember the run up to the dot-com bust. I was too much of a bumpkin at the time to even know how I would trade stocks — but I listened to an acquaintance go on and on about how much he was making on the market. At the time I guessed that he was much smarter than me — tha…

The Gov't / Federal Reserve has made it clear they will not let the value of assets drop significantly ever again. The entire planet's capital is now betting on US equities going up and to right forever, and all levers will be used and invented wholesale from nothing to keep that going.

Certainly hope they’ll keep going to the right…

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

#517

Post by Manuel_D »

teddyh wrote: post #491
mrguyorama wrote: post #339

Earlier quoted context omitted.

Why do you believe anonymity is "much-needed"? Human society was built for tens of thousands of years on "stay away from Ben because he has a bad habit of not paying back what you loan him" Anonymity is new and probably not something the human brain, which isn't meant to handle more than a few hundred familiar faces, can manage reasonably. If you want anonymity 200 years ago, you had to print your own pamphlets and h…

Anonymity is, in fact, quite crucial to a surprisingly wide range of people: https://geekfeminism.fandom.com/wiki/Who_is_harmed_by_a_%22R... >

That page doesn't make a very compelling argument. Yes, bullying and harassment without an anonymous identity is potentially more damaging. But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity.

Which has the better culture? 4chan, or professional settings and churches? Non-anonymous settings almost universally have better culture because people's behavior has an impact on their social standing in their community.

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

#518

Post by portaouflop »

Manuel_D wrote: post #517
teddyh wrote: post #491

Earlier quoted context omitted.

Anonymity is, in fact, quite crucial to a surprisingly wide range of people: https://geekfeminism.fandom.com/wiki/Who_is_harmed_by_a_%22R... >

That page doesn't make a very compelling argument. Yes, bullying and harassment without an anonymous identity is potentially more damaging. But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity. Which has the better culture? 4chan, or professional settings and churches? Non-anonymous settings almost universally have better culture because people's…

How do you define “better culture”?

I wouldn’t say you can compare churches and 4chan - one is an online activity with millions of people around the world joining; the other is a highly intimate affair conducted in a small community.

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

#519

Post by dragonwriter »

tokioyoyo wrote: post #268
CoryAlexMartin wrote: post #266

Earlier quoted context omitted.

I think it's a pushback against the emphasis on individualism in our culture, which many find does not lead to real fulfillment. When you start a family, you're giving up your own glory, but in doing so you become deeply integrated into something greater than yourself, which makes you greater by extension. And I say this as someone who doesn't have kids either, and as someone who used to not be so excited by the pros…

But why now, and not like 5 years ago? That’s the weirdness I don’t understand. Is it just very loud people had a bunch of kids and trying to push the same on others? Trying to change the culture from the start? “Meaning of life” is like the oldest question that has ever existed. Both people with and without children have pondered about it for eternity. It just looks funny when you see a sudden shift in the discourse…

> But why now, and not like 5 years ago?

It’s a product of the rise in white nationalist/supremacist movements and white replacement theory. Pro-natalism with the explicitly racial content omitted (though even their often tied to overt appeals to eugenics and/or framing it as intra-societal/cultural competition, which is itself only a shade different from racial/ethnic competition, but for some reason doesn’t produce nearly as strong a negative reaction) is a face that can be shown to audiences that aren’t ready for the full-strength message.

I’m not saying every vocal pro-natalist is a white supremacist (most of the high profile ones are, though), but that the rise in white supremacy and the prominence of white replacement theory within the rising white supremacy is a big part of the explanation of why pro-natalism is a lot more prominent right now than in the recent past.

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

#520

Post by navs »

barfingclouds wrote: post #488
llamaimperative wrote: post #482

Earlier quoted context omitted.

Which is ridiculous because while casinos are engineered to ensure $x > $y over time, economies are existentially dependent on the reverse being true over time and across a broad enough portfolio. Folks you can just buy the S&P 500 and wait. It really is that simple. Money will go down sometimes, up sometimes, down some more, but in the long run it will almost certainly go up. And if it doesn't, the world is crumblin…

Yep this is the craziest part. The answer has been known for a long time. S&P500. Literally that simple

100% I did that at first and got greedy and impatient. Serves me right.
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