Subj : Re: Hello World, The Trum
To   : Dumas Walker
From : Arelor
Date : Mon Jul 22 2024 03:01 am

  Re: Re: Hello World, The Trum
  By: Dumas Walker to MRO on Sun Jul 21 2024 12:57 pm

 > Financially, if you had your money in a 401k with less volitile
 > stock choices, you probably made out like a bandit during 2017-19.  You may
 > also have in volitile stocks, too.  If you were real smart and decided to
 > move a lot of the money out of stocks and into safer things that guarantee a
 > return (albeit a much lower one) at the first sounds of COVID, you probably
 > also did well.

Honestly, I just waited for stocks to go down due to panic and dumped a load of money in stocks and variable rent while everybody was running around like beheaded chickens. It worked quite well.

IMO, the secret to not doing awful when playing stocks is avoiding "hopeful" purchases and investing in firms with consolidated business models. Lots of people purchase stocks at prices derived from the state in which they expect the company to be in the future, which is a sure way to flop in the long run when the company invariably fails to deliver. See the FAZE fiasco, for example.

Meanwhile, if you invest in a borying firm that has been hauling crates back and forth over railways for two hundred years, chances are you will reap a profit. Stock prices may go down in panic and may go up in euphoric times, but that sort of firm will have a steady cash flow and usually a steady dividend payout, which IMO is the reason people ought to be buying stocks: to reap benefits from the operation of the business rather than reap benefits due to price changes.

(Strategy probably does not need apply in the US since payouts in the US are lame)

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