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Stock Picks: Post your favorite stocks. 980  62

Ogre Mage Posts: 1849 Karma: +78/-4 The General ********

~ToRa~

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Re: Stock Picks: Post your favorite stocks.
« Reply #15 on: September 02, 2017, 02:24:08 PM »
you have to be rich and privileged to invest in stock

No you don't all you need is a job.
Do you have one?
Death Knight Posts: 2671 Karma: +50/-14 *********

marx was right

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Re: Stock Picks: Post your favorite stocks.
« Reply #16 on: September 02, 2017, 05:03:06 PM »
found the trustfund baby
Ogre Mage Posts: 1849 Karma: +78/-4 The General ********

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Re: Stock Picks: Post your favorite stocks.
« Reply #17 on: September 02, 2017, 05:58:36 PM »
found the trustfund baby

Says the unemployed loser who would rather wait for communism instead of plan for retirement.
Death Knight Posts: 2791 Karma: +109/-12 *********

CumSavorer4385

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Re: Stock Picks: Post your favorite stocks.
« Reply #18 on: September 03, 2017, 08:08:37 AM »
Who's waiting bitch?

You own any equities? Post them

I own equity in your mom's ass bitch.
Global Moderator Grunt Posts: 202 Karma: +11/-4 *****

foonat

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Re: Stock Picks: Post your favorite stocks.
« Reply #19 on: September 03, 2017, 11:19:49 AM »
you have to be rich and privileged to invest in stock

No you don't all you need is a job.
Do you have one?
i think you're dramatically oversimplifying this, as 1) many people don't make enough money to cover basic expenses let alone invest in stocks and 2) not all employers offer 401k-type plans. plus if you start your own business or something you don't get shit either
Global Moderator Grunt Posts: 202 Karma: +11/-4 *****

foonat

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Re: Stock Picks: Post your favorite stocks.
« Reply #20 on: September 03, 2017, 11:21:05 AM »
I just dump my money into a mixed stocks/equity/bond 401k I get from my job. I contribute 12% of my salary and my employer matches up to 10%. It's up 13% this year :O

damn that's a good match
yeah it's a pretty sweet deal. and, they used to go up to 12% (or might have even been 15) but have been cutting back recently
Ogre Mage Posts: 1849 Karma: +78/-4 The General ********

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Re: Stock Picks: Post your favorite stocks.
« Reply #21 on: September 03, 2017, 11:35:18 AM »
i think you're dramatically oversimplifying this, as 1) many people don't make enough money to cover basic expenses let alone invest in stocks and 2) not all employers offer 401k-type plans. plus if you start your own business or something you don't get shit either

There are people living on or bellow the poverty line that are unable to save money.
However the majority of people aren't living under these conditions.

Someone who invests as little as $200 a month can easily see realized gains of up to 300% after 30 years.
Thats $600,000 of tax free income if it was invested in an IRA.

Furthermore while it is ideal to have an employer match your IRA contributions you don't need an employer to start an IRA. There are plenty index funds that will fill this role easily enough.
Death Knight Posts: 2671 Karma: +50/-14 *********

marx was right

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Re: Stock Picks: Post your favorite stocks.
« Reply #22 on: September 03, 2017, 04:31:13 PM »
trustfund baby
Ogre Mage Posts: 1849 Karma: +78/-4 The General ********

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Re: Stock Picks: Post your favorite stocks.
« Reply #23 on: September 03, 2017, 04:37:00 PM »
"The Architect" Global Moderator Death Knight Posts: 4484 Karma: +172/-110 *****

eyyy im walkin here

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Re: Stock Picks: Post your favorite stocks.
« Reply #24 on: September 03, 2017, 04:44:03 PM »
i think you're dramatically oversimplifying this, as 1) many people don't make enough money to cover basic expenses let alone invest in stocks and 2) not all employers offer 401k-type plans. plus if you start your own business or something you don't get shit either

There are people living on or bellow the poverty line that are unable to save money.
However the majority of people aren't living under these conditions.

Someone who invests as little as $200 a month can easily see realized gains of up to 300% after 30 years.
Thats $600,000 of tax free income if it was invested in an IRA.

Furthermore while it is ideal to have an employer match your IRA contributions you don't need an employer to start an IRA. There are plenty index funds that will fill this role easily enough.
aint nobody got time for this
Ogre Mage Posts: 1849 Karma: +78/-4 The General ********

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Re: Stock Picks: Post your favorite stocks.
« Reply #25 on: September 03, 2017, 04:50:15 PM »
aint nobody got time for this

Which is another reason why so many Americans are forced to work until they drop. If a man or women in their 20s saves 15-30% of their monthly wages and invests it properly he or she will have saved enough to retire comfortably in their 60s-70s.

Most people are lazy.
Death Knight Posts: 2671 Karma: +50/-14 *********

marx was right

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Re: Stock Picks: Post your favorite stocks.
« Reply #26 on: September 03, 2017, 04:54:37 PM »
"Most people are lazy." - some dumb trustfund baby.
Ogre Mage Posts: 1849 Karma: +78/-4 The General ********

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Re: Stock Picks: Post your favorite stocks.
« Reply #27 on: September 03, 2017, 04:55:27 PM »
@foonat you know what stocks are in your portfolio?
Global Moderator Grunt Posts: 202 Karma: +11/-4 *****

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Re: Stock Picks: Post your favorite stocks.
« Reply #28 on: September 03, 2017, 05:37:46 PM »
i don't know the individual stocks - I think it's mostly some sort of mutual fund or ETF
Global Moderator Grunt Posts: 202 Karma: +11/-4 *****

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Re: Stock Picks: Post your favorite stocks.
« Reply #29 on: September 03, 2017, 05:47:14 PM »
i just looked and it's some amalgamation of like 30 different mutual/index funds