The stock market

[movetheboat]

when the music stops the latecomers will go broke too.....BAGHOLDERS!!

THE MUSIC STOPPED!!!! Gamestock is cratering!!! last one out is a rotten egg

AMC also tanking

 

[movetheboat]

The markets are ok...just understand that the deck is stacked against you.....think like a crook or Buy a vanguard s+p index fund and make regular contributions.....wake up rich in 25 years.

so you wanna trade eh?? Has to be money you can afford to lose all of...because you will

 

[BennyV]

THE MUSIC STOPPED!!!! Gamestock is cratering!!! last one out is a rotten egg

AMC also tanking

Games rock is up 19% already today

 

[Snapprhead27]

The markets are ok...just understand that the deck is stacked against you.....think like a crook or Buy a vanguard s+p index fund and make regular contributions.....wake up rich in 25 years.

so you wanna trade eh?? Has to be money you can afford to lose all of...because you will

I already have a deferred compensation plan through work ?

 

[movetheboat]

I already have a deferred compensation plan through work ?

you seem to do ok...keep it up

 

[Snapprhead27]

you seem to do ok...keep it up

That's it, cant keep touching it. Just trying to max out every year with contribution. stay high risk for now then adjust as i get closer to retirement...but thats a ways out! lol

 

[movetheboat]

Games rock is up 19% already today

at 500 this AM...now 207...that is cratering!!!!!!!!!!!!!

gamestock quote - Google Search

 

[movetheboat]

THIS IS A GOOD BOOK

 

[BennyV]

THIS IS A GOOD BOOK

Are you for real? He tells you to buy indexed annuities.

 

[movetheboat]

Are you for real? He tells you to buy indexed annuities.

what's the problem?

 

[BennyV]

what's the problem?

It’s very costly to buy those things. Fees out the ass. Not enough upside. Better off sticking with the S&P you mentioned and buying a Single Pay Immediate Annuity.

 

[BennyV]

Scary.

22-year-old risked parents’ mortgage on GameStop: ‘You only live once’

“I don’t think that this AMC/GameStop saga will end well,” Aswath Damodaran, a finance professor at the NYU Stern School of Business, told The Post.

nypost.com

 

[movetheboat]

It’s very costly to buy those things. Fees out the ass. Not enough upside. Better off sticking with the S&P you mentioned and buying a Single Pay Immediate Annuity.

did you read the book?? there are many different types of annuities fixed and variable....deferred and immediate......some where you can get the upside of the market and lose nothing on your principal if it goes down.

 

[BennyV]

did you read the book?? there are many different types of annuities fixed and variable....deferred and immediate......some where you can get the upside of the market and lose nothing on your principal if it goes down.

I read it a few years back. Then I found John Bogle.

 

[movetheboat]

Bogle...then you should know the low cost index fund thing and stock pickers cannot beat them over time

peter lynch is another good read

 

[BennyV]

Bogle...then you should know the low cost index fund thing and stock pickers cannot beat them over time

peter lynch is another good read

I’ll check him out. Thanks.

 

[movetheboat]

the CASINO is open for business...they are going to allow garbage picking again today...though the overall market pre-market looks like doo doo

 

[longcast]

did you read the book?? there are many different types of annuities fixed and variable....deferred and immediate......some where you can get the upside of the market and lose nothing on your principal if it goes down.

Understood there are different types, etc. Address the fees.

 

[BennyV]

the CASINO is open for business...they are going to allow garbage picking again today...though the overall market pre-market looks like doo doo

I’ve been reading this WallstreetBets forum. Holy crap! Makes this place look like a nursing home.

 

[movetheboat]

Market took another nice azz whooping today!!! Actually made a few bucks