On 9/24/2013 8:10 PM, snipped-for-privacy@krl.org wrote:
before others have the same info. That is not investing. Investing is
figuring
out which companies are well managed and therefore are going to prosper.
Then
buying the stock and holding it until you think that something has
changed and the company is no longer well managed. I have owned most of
my stocks for decades. A few milliseconds is not going to matter when a
stock is held for over twenty years.
I don't have the data to prove what I am
about to write. But, I think it's very
possible the rising S and P is due to the
Federal Reserve inflating the money supply.
And the various bail outs and stimulus.
The adjusted value of the stock isn't growing
much at all. That's my guess.
.
Christopher A. Young
Learn about Jesus
www.lds.org
.
from 1450 to 1700. That is a 17% return.
Somewhat better than the rate of inflation.
A pleasure to meet you, doctor.
Now, to call the meeting to order. I think we've all had a chance to
examine the economy and the state of the nation. We've round general
malaise, inability to work, and disregard for the Constitutional regimen
the patient should be following. I propose to the committee that we
proceed with confining the patient to locked ward. For the inpatient
care, we proceed with a constitutional left liberaldectomy, with no
anaesthetic. After electoral removal of the cancerous liberal growth,
we'll put the patient on a forced regimen of employment, tax reduction,
and overall return to constitutional regimen. Do we concur on this,
doctors?
.
Christopher A. Young
Learn about Jesus
www.lds.org
.
On 9/25/2013 8:35 AM, Richard wrote:
On Wednesday, September 25, 2013 3:52:43 AM UTC-4, Stormin Mormon wrote:
Depends on the company. I think you may be right on financial stocks, but do not think it is true for companies as Texas Instruments that make and sell things.
Dan
On Wed, 25 Sep 2013 03:52:43 -0400, Stormin Mormon
<snip>
================================Making money the old-fashoned way
http://en.wikipedia.org/wiki/Watered_stock
New ways to scam the market
http://stanfordlawyer.law.stanford.edu/2013/06/lessons-not-learned-the-derivatives-%E2%80%A8market-and-%E2%80%A9continued-risks/
http://en.wikipedia.org/wiki/Securities_fraud
<snip>
Securities fraud, also known as stock fraud and investment
fraud, is a deceptive practice in the stock or commodities
markets that induces investors to make purchase or sale
decisions on the basis of false information, frequently
resulting in losses, in violation of securities laws.[1]
Offers of risky investment opportunities to unsophisticated
investors who are unable to evaluate risk adequately and
cannot afford loss of capital is a central problem.[2][3]
Securities fraud can also include outright theft from
investors (embezzlement by stockbrokers), stock
manipulation, misstatements on a public company's financial
reports, and lying to corporate auditors. The term
encompasses a wide range of other actions, including insider
trading, front running and other illegal acts on the trading
floor of a stock or commodity exchange.[4][5][6]
<snip>
Accountant fraud
Further information: Accounting scandals
In 2002, a wave of separate but often related accounting
scandals became known to the public in the U.S. All of the
leading public accounting firms—Arthur Andersen, Deloitte &
Touche, Ernst & Young, KPMG, PricewaterhouseCoopers— and
others have admitted to or have been charged with negligence
to identify and prevent the publication of falsified
financial reports by their corporate clients which had the
effect of giving a misleading impression of their client
companies' financial status. In several cases, the monetary
amounts of the fraud involved are in the billions of
USD.[27]
<snip>
http://en.wikipedia.org/wiki/List_of_corporate_scandals
http://www.investopedia.com/articles/00/100900.asp
http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/FraudsAndScams/
How real casinos operate. Compare and contrast with "the
market."
http://www.cnn.com/2013/09/24/opinion/frum-casinos-harm/
message
[Stock market shenanigans]
So the market is like all other human activity and you should stay
alert.
Grocery stores can ring up more than the shelf price tag, then
sheepishly blame the computer when caught. I remember the prices and
think I've embarrassed the local one out of that stunt.
jsw
That is a reason to remain engaged and vigilant rather than dismiss
and ignore the market. Of course some people will take advantage of
opportunities to abuse, but they do at all levels down to yard sales.
jsw
The MIT Blackjack Team was a group of students and ex-students from the
Massachusetts Institute of Technology, Harvard Business School, Harvard
University, and other leading colleges who used card counting techniques and
more sophisticated strategies to beat casinos at blackjack worldwide. The
team and its successors operated successfully from 1979 through the
beginning of the 21st century. Many other blackjack teams have been formed
around the world with the goal of beating the casinos.
http://en.wikipedia.org/wiki/MIT_Blackjack_Team
Best Regards
Tom.
The easiest way to think about buying stocks is how much earnings you
are buying. Right now, $100 buys you in excess of $5 in earnings if
you buy an index fund. That is a number that one could be comfortable
spending, as corporate earnings should not drop by too much and
usually they grow a bit. Stocks will change in price every year,
sometimes up and sometimes down, but spending your share of earnings
should work out OK.
So, say, if you have $1,000,000 in stocks, you can withdraw about 50k
per year, which is a very cool amount.
i
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