Super technically speaking...if the company defaults, you have a claim on the assets...like a creditor...but you are so far down on the list, if you own 1,000 shares, you might get a couple dollars.I am not trying to be a creditor to anyone. I was watching the ticker on CNBC this morning, saw it was down another 8%, and said shit, I'm buying. Later in the day, turns out it was listed as the pick of the day.
depends. I am not so sure in 40 years the govt won't change the rules.Roth IRA > *
Tax Free Moneys ftw
Its never tax free, you still pay for the Roth with funds after tax salary reduction, so they get thiers either way. It is better option for down the road for some. Just depends on tax bracket and years of retirement. Roth is great, but only if you make certain amount or less. Can be a pain in the *** if you deposit into a Roth only to find out you made too much money and can only contribute to a traditional.Roth IRA > *
Tax Free Moneys ftw
It's sliding today, but it could turn around like a ***** after you accidentally stick your dick in her ***.It looks like its going to go down more after they release their quarter earnings. I would wait until they release their earnings, maybe after that I would buy.
Then, you are Speculating and that is not the game I play.I am not trying to be a creditor to anyone. I was watching the ticker on CNBC this morning, saw it was down another 8%, and said shit, I'm buying. Later in the day, turns out it was listed as the pick of the day.
Then, you are Speculating and that is not the game I play.
If you really want to get anywhere in these markets you going to have to think like a Money Lender because that is EXACTLY what you are doing. You are loaning money to this company.
Think of every dollar that enters your hands as a bank deposit and every dollar that leaves your hands for potential growth as a loan. If you don't do it this way you're going to watch the ticker everyday, be emotionally attached to your holding, and all your logic will go out the window.
There is two side to this game:
a. Chucking dice in hopes of Short-term Capital Gains based upon market fluctuation.
Or.
b. REALLY taking a solid position when the stock is depressed, positioning yourself as a Creditor to the business, and knowing the business entirely.
You want to invest in the value the company brings to human beings and hold it for it's Cash-Flow from it's Dividend. This increases your earning ability and you can move on, appraising new investments. Adding more and more economic power and more income.
You do not want to speculate. You want to add more economic power to your portfolio and preserve your Capital.
Read their Annual Reports, learn their business, and then based upon your gut feeling and present knowledge, make a well informed lending/investment decision.
I swore you were BrianChia when I saw your name //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gifThen, you are Speculating and that is not the game I play.
If you really want to get anywhere in these markets you going to have to think like a Money Lender because that is EXACTLY what you are doing. You are loaning money to this company.
Think of every dollar that enters your hands as a bank deposit and every dollar that leaves your hands for potential growth as a loan. If you don't do it this way you're going to watch the ticker everyday, be emotionally attached to your holding, and all your logic will go out the window.
There is two side to this game:
a. Chucking dice in hopes of Short-term Capital Gains based upon market fluctuation.
Or.
b. REALLY taking a solid position when the stock is depressed, positioning yourself as a Creditor to the business, and knowing the business entirely.
You want to invest in the value the company brings to human beings and hold it for it's Cash-Flow from it's Dividend. This increases your earning ability and you can move on, appraising new investments. Adding more and more economic power and more income.
You do not want to speculate. You want to add more economic power to your portfolio and preserve your Capital.
Read their Annual Reports, learn their business, and then based upon your gut feeling and present knowledge, make a well informed lending/investment decision.
I agreeHow is purchasing shares on the secondary market in any way loaning money to the company?
Instead of sitting in this thread trying to prove an irrelevant detail, why don't you start appraising companies with good long term Fundamentals. Or figure out a way to increase your personal Economic worth and value. That way you can actually invest outside of your current paradigm.How is purchasing shares on the secondary market in any way loaning money to the company?