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Investing is no longer a luxury but a NECESSITY Let me be bold to say that - investing today is no longer a luxury reserved for those with money but in today's ever changing world with more uncertainty than before, it is a MUST to invest. This is pull out from an article here , but the gist of what it tries to say is best illustrated with figures : The Purchasing Power of the Dollar -What is $100 worth in 1913 over time? 1913: $100 1923: $57.89 1933: $76.15 1943: $57.23 1953: $37.08 1963: $32.35 1973: $22.30 1983: $9.94 1993: $6.85 2003: $5.38 2013: $4.25 2019: $3.87 Firstly, gone are the days where money saved in banks can get you a decent interest. Secondly, the eroding value of money over time or inflation, in short will takes away the spending power of your dollar bill as shown above. Being a millionaire in 1913 and not using it wisely and keep till today will only result in $38, 700. You lost a $961, 300 by doing NOTHING !!!! Doubt that is a good and wise decision to take. Fast forward to 2020, it is becoming more important , in fact a pressing matter to save and invest wisely as the world takes on more challenges, food price, gasoline, accommodation, etc are becoming more expensive. All these are happening while your meagre salary is not increasing 10% a year ! If you use a variety of instruments, like index, forex, commodities and stocks ,etc to invest over a period of 20 years, say from 2000 with an initial capital of 10,000, earning a compound interest of 20% a year , you would have 383,376 in your account now. This requires time, patience, market timing, stock picking , trend analysis, etc but the most important part is to take action early. It is never too late to start, whatever stage of life you are at. Even with 100 dollars, you can still make great returns if you have the hunger to do so.
TVC:DJI
by dchua1969
ridethepig | Quarterly Updates in the Dow📍 The Pinned Buyer => The move lower is justified, since Equities at these levels are as good as forced. After Fed and other CB intervention has stopped, it will inspire anything but confidence. => So a health crisis, thirsting for a vaccine allowed Equities to outperform last Q as a haven for the bizarre 'Keynesian stimulus'. The correct move was a dead-cat-bounce and early buyers were slight! Now that we have cleared the knee jerk phase, what will follow is an elegant catastrophe. Let us look at that DAX chart for reference to the dead-cat-bounce: After overshoots to the downside Buyers defended their game in an entirely rational manner, but now they commit a mistake which enables a snap decision for risk bears. Even those who are bullish on the ST outlook can admit these levels are unattractive in view of the fact that a second wave will oblige surrender on the activity. Remember re-openings are political fairy-dust, confidence is just not there and a quick look at VIX sitting above Lehman levels tells us this. Here many roads lead to home. Unfortunately thanks to the presence of real risk into US elections and year end flows. Thanks for the support coming with likes, charts, questions and etc. As usual keep the feedback coming 👍 or 👎
UShort
by ridethepig
8
Neutral on DJIA (DOW) , will long at upper black if brokenWill look at a scalp long if $26,005 breaks will layer profits in from 50 to 200 points as there was a strong move opening up on Sunday. I have stop/buys orders in place. Please keep in mind this is not a long and my order will not be executed until $26,005 breaks (if it never does that is ok) I will cancel my order. About me: I keep trading as simple as possible. Will not give my method but will give you entries. Don't get greedy. Take profits quick when in green. Let's make money together!
U
by UnknownUnicorn2820659
DJIA (Dow Jones) Futures Losing Momentum (I'm short)DowJones agianst resistance and losing momentum, I still believe we are in for a correction. Currently in a short and always have layered profits down to my target or $25,750 (always book profits) and don't get greedy on the way down. Questions or comments please let me know! About me: I keep trading as simple as possible. Will not give my method but will give you entries. Don't get greedy. Take profits quick when in green. Let's make money together!
UShort
by UnknownUnicorn2820659
End of an EraWest Europe & the Middle East have been taking turns as richest countries and most advanced nations, Turkey has always been near the top but never at the top, China was always around the middle (except around their communist cultural revolutions when they took a nosedive to the bottom, and probably also when they built a great wall and isolated). Don't have all the numbers sadly and it's a huge job to study all countries. Africa had a long period where it had the same GDP per capita as europe countries except Italy, India a few centuries back when it had an upper caste that exploited the lower ones was as rich as europe per capita (the upper caste was much richer, and lower caste poorer). Today India & sub saharan Africa (and Afghanistan interestingly) are the most diverse places in the world and they also are the poorer, most underdeveloped, with horrible parasites and viruses and bad hygiene etc. Sec, I have to pay the idiot tax: I am not debating ethics and wokeness and all the tender feelings stuff so please don't cry. Just looking at it from an economic perspective. Racism is bad and emm... I am writting this to show how bad racism is and bigots refuse to include people of different cultures in their countries. I am frowning right now. Those are quotes by the WashingtonPost: "Diversity correlates with latitude and low GDP per capita." "Strong democracy correlates with ethnic homogeneity." You can read about it here: www.washingtonpost.com www.washingtonpost.com If the washington post can mention this then so can I. Don't shoot the messenger. We can see that advanced empires have fallen with east asian invasions that just had such enormous numbers, as well as following migration periods that brought diversity. Like it or not, diverse and equal countries are the poorest. Diverse countries even if they manage to get out of poverty will have 1 group perform more poorly and get jealous and blame racism or something. That the differences are produced by ethnical or cultural differences idk & idc, I'd say mostly cultural I guess. It ends up in 1 group exploiting another, or genocide, or civil war... North Africa is working on defining their culture at the moment. With the great depression they'll surely want big changes. I'm not going to start a research paper let's keep it short (enough). 1- Diverse nations are poor nations with alot of problems (added financial risks). Bad investments. 2- Homogeneous nations that have good relations with other ones and are open to commerce, exchange, etc (just not migration/mixing) become the most advanced & richest. Just because they are united and close their borders to migrants doesn't mean they can be open and have good relations with other people that have different cultures -- in their own country. 3- We are in a transition period with no big dominating power at the top (China and India are always their own continents, and the USA is just a transition power). 4- West Europe to an extent and the USA to a bigger extent have now past threshold diversity numbers, and are trying to treat different groups just the same, same laws same rules same behavior etc, and even expecting the same outcome because they are extremely delusional. It is not working out at all. 5- Just like with socialism "real diversity has never been tried". Delusional people will keep trying to make it work.... It works for some people of the different groups, so that'll keep them hopeful I guess. Most of the people of the different group that made it are in opposition to those that want to include their group... funny... 6- Exploitation has been profitable (but doesn't mean it's the only way). Exploitation by an upper ethny/caste exploitation of the lower one, or also you know... capitalism. Outcomes: - The USA is going to zero. - In West Europe migrants might go home as the area gets poorer/more dangerous, but west euros want: + To keep having very low fertility rates + To keep living longer + To keep the same retirement age + To keep their purchasing power and not get a lower retirement ==> Only solution is important working age migrants, to delay the explosion of the social ponzi scheme (retirement in particular) - In the USA there can be several outcomes, segregation, NSDAP, race war, dismantlement of the Union, secession of the west coast, creation of a black state somewhere, country gets poorer so illegals and some blacks leave. But either way there will be major changes, and stonks go down (at least inflation ajusted). - New world order is a guarantee now. - How about we go back to nice city states? - Probably will mark the end of socialism and capitalism. - Don't invest in stupid utopia countries or delusional "multiculturalism is our strength". Except if you want to lose your money while showing certain people you are morally superior. Interesting population numbers: Short for now. The USA pyramid scheme is coming to an end AND they are also having to face their multiculturalism problems. Everything going big boom 🔥🔥🔥.
TVC:SPXShort
by MrRenev
7