The stock market is totally disconnected from geopolitics today. He doesn't matter.
- Stay away from the Robinhood app. That is not a video game. It's fucking dangerous.
- The stock market is rigged and a huge ponzi scheme. Capital markets are flooded with capital. And due to that, it cares not a shit who is in office. Forget that, capital markets don't care about anything. Capital is looking for any place to be laundered.
- Don't bother with individual stocks. HFT algos have made buying them useless. You're better off buying index/ETFs.
- Stay away from derivatives/ETFs of ETFs.
- Managed portfolios cannot generate alpha (value) anymore. You pay huge management fees with negative alpha today.
I’m with you on the ETFs, however I disagree with you on not buying normal stocks. There are quite a few examples that have 5-20x over the last few years (A2 milk, Afterpay, Brainchip etc.)
You just need to be well researched over a few different areas to recognize the value proposition early on, and if the team looks likely to deliver.
Decent topic OP.
It is possible to beat the market with stocks temporarily. HFT also makes it very difficult, they front run all your trades.
Counter example: ARKK, a managed ETF, has been beating the market and its segment.
Sure. For now. But is the alpha high enough to offset the fees? Maybe. Just keep an eye on them. Remember, Janus used to beat the market too.
LOL Look at its history. I've invested in market beating funds for decades.
What do you think about IRAs? Should we still have them or pull them out?
IRAs are simply a tax strategy. If you mean, what should I do with my IRA portfolio, I'd change everything to an unmanaged fund(s). You pay huge management fees otherwise.
If you're asking me if your money is safe in the stock market, I can't answer that because it is up to the whims of our government. I'm keeping a substantial amount of my savings in because it is a ponzi scheme and the criminals running it don't want it to die anymore than I do. We have a similar interest here. Also, the same criminals buy our politicians, so I believe our money is safe for the time being.
Eventually, the stock market will die, I just don't know when.
Sorry I can't be very clear here.
Thank you.
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