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Comments (37)
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61
VTmaga 61 points ago +61 / -0

It could be raining frogs and fiery hail and I will not lock down again. Then again, if it started raining frogs, most of us would rejoice that it was a sign from kek.

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PeaceThroughStrength 17 points ago +17 / -0

Praise Kek-gorach!

Honks for the Honk-god!

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anonaustirol 9 points ago +9 / -0

thedonald.win needs digits

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anonaustirol 7 points ago +7 / -0

Yeah... cue the shadilay, anon

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Cakes4077 7 points ago +7 / -0

Frog legs for everyone!

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the-new-style 22 points ago +22 / -0

Look fat, here's the deal .... (although this is no joke)

Around 50% of the share holdings in the US stock markets are passive investments - that is, they tell their stockbroker "Here's $X, buy me an amount of every share in the S&P". This is the highest the passive proportion has ever been.

There is no such thing as a "share price" there are people who announce "I will sell for $x" and people who announce "I will buy for $y".

If you are managing a passive investment, you are obliged to buy at whatever the $x is (or sell at $y). And you will get a transaction fee anyway.

So the active investors have an incentive to hold out, driving up $x or driving down $y. The know the passive has to buy (or sell).

That's why the TSLA shares were ramping up in price earlier this year - TSLA was trying to get into the S&P. If they had made it, every passive manager would have been forced to buy TSLA - at any price! TSLA were not accepted so the speculators got back out again, crashing the price back down.

As more and more passive investment comes into the S&P the more detached from reality the index becomes. In a doom vortex scenario, it could drive every price down to zero or up to infinity.

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monochromedout [S] 16 points ago +16 / -0

Covid cases up, markets down is the best thing that could happen for democrats. Although it's maybe too late, we could see them literally try to tank the market and boost the number of cases in Pennsylvania, North Carolina and Michigan all the way to November 3rd.

These next two weeks are going to have levels of chaos that will make the first half of the year look like the appetizer.

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DarkMemeDuck 25 points ago +25 / -0

Keep in mind it's probably not covid cases that are up. They are now lumping the flu in the counts, which is the reason for the sudden spike.

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the-new-style 8 points ago +8 / -0

Except because they are saying "Biden is up in the polls", they can't also say "markets fear a Trump re-election" (well, they can, and would).

Mass shooting this weekend blamed on pro-Trump white supremes

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FullAutoFlintlock 8 points ago +10 / -2

...

4
the-new-style 4 points ago +4 / -0

It's not about TSLA it's about the effects of passive investing

20% in one day will wake everybody up

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PewPew_ThaDuK 16 points ago +16 / -0

For those who missed the Trump choo choo rally twice, this will be the last chance to get onboard because where we are going, there are no rails

15
MrPoorRichard 15 points ago +15 / -0

Bought index puts last friday... will make another fortune just like I did buying smith and wesson for $2.50 the day Obama was elected. Sold at $17

7
FiatLux 7 points ago +7 / -0

care to elaborate? some direction would be helpful on what to do next with my $$

4
Atmosphreak82 4 points ago +4 / -0

Yes, I would also like to know. I have a bit of money I could do something with if I knew what

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TwoStar 13 points ago +13 / -0

Buckle-up, buttercups.

This ride may get a little bumpy, but then it's off to the races.

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deleted 12 points ago +12 / -0
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Abovethefray 10 points ago +10 / -0

Do not panic and sell. That is a guaranteed way to lose money. After the election, after Donald Trump is victorious, the market will soar. Stay in if you can. If they tank it this week, try to buy if you are in that position...

That's my take after 30 years of investing anyway....

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deleted 4 points ago +4 / -0
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Abovethefray 2 points ago +2 / -0

Well, that's a big question... one way a lot of people like, is an index... a big one is the S&P 500 . It is stock of the 500 largest US corporations, all together.

Then there are 10,000 other ways... ha.

A stock portfolio can be started for different amounts, at different brokers... some are cheaper to use than others, also. I guess most are around 1000 bucks to start, then you choose what to buy and invest in. Good luck with that part! I have usually kept it simple, as I am a simple pede. The index fund (or stock share, you can buy either one) I mentioned is an easy one to keep track of, the news tells the results every day, if you want to hear it... basically with that certain investment, if America is doing well, you are doing well.

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BillboDickens 9 points ago +9 / -0

I think this is expected before the election because if Biden wins, these markets are going to tank. People are getting out now and waiting to see what happens for the election.

If Trump wins, their money's back in, if Biden wins, it's not. This is part of my strategy for investing, I pulled out of some stocks last week.

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monkadelic 8 points ago +8 / -0

This is simple. Just look back at March, and think about where you would be if had bought in back then when they scared everyone (hint: Rich af). If the market takes a nosedive, that's your official invitation to make a shitload of money. If you're scared it may crash completely, then that money you squirreled away is worthless anyway. Personally, Im betting on America, just like I did in March.

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DeplorableWeWin 6 points ago +6 / -0

They zoomed in as far as they could so they could make a tiny dip look like a cliff

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FluffiPuff 6 points ago +6 / -0

Soros and company have played this game over and over again, manipulating and shorting markets across the board. Watch who buys the dip.

https://www.thegatewaypundit.com/2020/03/it-has-to-be-asked-are-nefarious-soros-like-short-sellers-trying-to-crash-the-us-economy/

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Egotiator 5 points ago +5 / -0

It'll backfire like all their plans. People going to vote and about to cast their ballet will see the stock market crashing and ask themselves who has a better chance of fixing it, Trump or biden. Then, out of fear, they won't choose their ideological choice, they'll pick the one they think will keep their family safe in the coming weeks.

3
markolbb 3 points ago +3 / -0

For those of us who are retarded... could someone please explain what I'm looking at, as if you were explaining to a teenager?

1
Analophigus 1 point ago +1 / -0

Anyone have any good investment tips? 😁

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monochromedout [S] 3 points ago +3 / -0

Who would listen to investment advice here, KEK? I've held all the way through the pandemic. My point was more surrounding the headlines related to covid and how "new cases will stop the recovery in it's tracks." It's covid and bad economy all the way to the bank.

If the market is not dipping on lockdowns in Europe and "cases" soaring, it must only be due to them seeing solid internal polling on GEOTUS. That's a good thing.

2
The_kool_mom 2 points ago +2 / -0

Yes. Buy VTSAX and chill.

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Analophigus 2 points ago +2 / -0

Man thats looking great! Wish I had bought a few months ago at 60

1
Analophigus 1 point ago +1 / -0

With my imaginary money of course Cause Im broke Had a baby in December before COVID lol

1
Threebabies 1 point ago +1 / -0

As of this second im down $4500 today on a $134,000 initial investment last year. Im still up $58,000 or 44%. Sticking this one out boys. I believe.

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BoughtByBloomberg2 1 point ago +1 / -0

Why would you care about cases?

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monochromedout [S] 2 points ago +2 / -0

I don't. I'm not average joe voter.

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BoughtByBloomberg2 1 point ago +1 / -0

I wasn't addressing you. I was asking a general question.

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Wheredidiputit 1 point ago +1 / -0

German just shut down their entire country. This is causing major issues in the market.

1
Trumpy_Bear 1 point ago +1 / -0

Y'all are focusing too hard in the now. Trump only has 4 more years. Unless it's worth it for more Republican candidates to run as Trump 2.0 and 3.0 and so on, nothing will change long term