Is it time to invest in the market?

Discussion in 'The Bench' started by docgsx, Mar 18, 2020.

  1. 12lives

    12lives Control the controllable, let the rest go

    Jim - Thanks for your opinion :rolleyes:
     
    docgsx likes this.
  2. sean Buick 76

    sean Buick 76 Buick Nut

    The only thing wrong with people like Dave from X-22 is that he speaks the truth that the NWO doesn’t want the world to hear. Who owns the worldwide media? The same people in control of the Private Western Central Bank. These days we know what’s the truth when the “fact checkers” and “snopes” censor and delete it. If it wasn’t true then why would they try so hard to ensure people can’t see the information? This isn’t political it’s just facts about the current removal of free speech rights.
     
  3. sean Buick 76

    sean Buick 76 Buick Nut

    Here are a few items to mention:

    When we watch YouTube we are forced to endure huge amounts of advertising interruptions. YouTube is censoring information not because it’s dangerous, rude or violent but rather because it doesn’t match the mainstream narrative.

    Bitchute is funded by us the users with voluntary donations. There are NO interruptions to the videos simply enjoy the videos. We donate money to keep the platform alive because it is one of the last places where freedom of speech is allowed. There is still censorship of anything that breaks laws and extreme violence etc however people are free to post any thoughts or ideas on there without being deleted. Because of this there are a ton of good people speaking the truth and spreading good information that would otherwise be deleted from public view. There is junk on there, absolutely silly stuff, who cares. I have the sense to decide what I want to watch. I don’t need big tech to tell me what I’m allowed to think and watch!

    Bitchute has no agenda! They simply allow people to share information without extreme moderation. Bitchute has been offered millions of dollars by big tech to get in line with the propaganda censorship but they refuse because they believe in freedom of speech and expression.

    Recently a huge influx of people went to Parlor to get away from the Facebook censorship. Big tech shut down Parlor as a result. They can’t have people thinking for themselves it’s all about controlling the narrative.

    Every single media company in the world is under the ownership of a few rich families, this is the reason they are trying to buy out Bitchute but they won’t be successful because people are waking up to the truth....

    "I disapprove of what you say, but I will defend to the death your right to say it"
     
    Last edited: Feb 7, 2021
    knucklebusted, GKMoz and Topcat like this.
  4. docgsx

    docgsx It's not a GTX

    I made a small investment today into the cryptocurrency market! We’ll see if it turns out to be anything worthwhile in the future.
     
  5. sean Buick 76

    sean Buick 76 Buick Nut

    Absolutely Crypto is the way of the future, the only thing that remains to be seen is which types succeed and which ones fall by the wayside.
     
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  6. docgsx

    docgsx It's not a GTX

    Cool thing about crypto is that you can buy and sell 24-7. I don’t think trading ever closes.

    It took one week for me to be able to establish a crypto buying account. There was a lot of verification processes to complete in order to get started. In that time, dogecoin doubled
     
  7. sean Buick 76

    sean Buick 76 Buick Nut

    I do predict some standardization of the Crypto market coming very soon. Right now it is a bit of a wild west situation. I just bought a LOT of Silver, not shares but bars, I see that being the HUGE potential gain here in the coming weeks and months.
     
  8. docgsx

    docgsx It's not a GTX

    Upset? I continue to chuckle every time I see content like this.
     
  9. docgsx

    docgsx It's not a GTX

    So I threw a couple hundred dollars in on these three and they are killing it for me!
    4756D2FC-06F3-4E7F-B066-F646CBA7E7C5.png
     
  10. docgsx

    docgsx It's not a GTX

    I grabbed these as well back when I started this thread. C80F9F90-18A3-4F5B-9047-5AF26CA52119.png AC0A1838-F5FE-4389-B400-66337205EB77.png
     
  11. docgsx

    docgsx It's not a GTX

    Marijuana up at 910%!
    66D2FEDF-9F25-4582-9075-6F1631BBD1B4.jpeg
     
  12. gs66

    gs66 Silver Level contributor

    Same here with my pot stocks, big gains since about November.
     
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  13. sean Buick 76

    sean Buick 76 Buick Nut

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  14. Topcat

    Topcat Got TORQUE?

    Ya'all get stoned and enjoy it...it will take yer eyes off the crash that is coming.....the only things that will have real value is what you can barter :D

    Peace WildBill

    p.s.....this is my opinion....nothing political.
     
    sean Buick 76 likes this.
  15. docgsx

    docgsx It's not a GTX

    Looks like doge coin is trending again, I have been buying and selling it for the past few months. It’s like gambling, but has been profitable.
     
  16. Fox's Den

    Fox's Den 355Xrs

    you have to diversify to stay on top of the market to keep from losing money. that means you invest in each sector of market.
    The medical fund that I got into has gone up 1000% since I got in back in 2012. Medical is going thru the roof all the baby boomer are now between 59 and 77 years old now and we all need those medical devices to keep us going and alive.

    This is just one sector of the market you have real estate, industrials, consumer discretion, technology, energy, and so on, then you have individual stocks that you can get that you may like.

    for instance I have Velaro energy that is a refinery, I bought this when it was 16$ sold some when it hit 55$ then rebought some when it went back down to 22$ I settled in at 50 shares and at the time it was about 28$ I have it reinvesting in itself to buy more shares and now I have 60 of them The dividend payment is over 3$ per share. It is at over 70$ per share now and now my cost has dropped to 21 per share so it will have to drop below that before I lose money.

    Dollar cost averaging will make you money and you stay in the market for the long haul and you do no not buy and sell like the traders do.

    Does anybody here actually pay attention what is in your 401K or IRA and keep track of what is going on ?

    You have better control if you have an individual IRA instead of a 401K. 401 K is for the person that does not want to learn what is happening with their money. At least most people don't but I decided to learn about this and control it my self.

    If my dumbarss can figure it out so can you.
     
  17. Fox's Den

    Fox's Den 355Xrs

    I for got the pot stocks are a place to go, look at Canopy Growth CGC. down right now but 4-20 is coming up.
     
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  18. sean Buick 76

    sean Buick 76 Buick Nut

    I will say it again, physical silver is the best bet. Once the private western central bank crashes then gold and silver will skyrocket. It’s at $26.19 today... I will come back in a year and we will see what it’s at then.
     
  19. knucklebusted

    knucklebusted Well-Known Member

    Yes, I do know what is going on in my 401k and I'm making plans to convert it to ROTH IRA in less than 6 months when I turn 59.5. I'm retired and my wife's income is low enough we can move 10% at her low tax rate. If we do the max in the lowest bracket we already are taxed at, I can have most of it converted by the time I'm 70.5 and avoid any heavily-taxed RMDs. I've got 11 years and only need to move 100% so it is going to work out unless the tax rates go nuts.

    While I used to buy individual stocks, the risks and rewards were swinging too wildly and I moved to ETFs. They are already diversified more than I can manage on my own.

    One of my ETFs is up over 50% from last March when I bought heavily on the plunge.

    Finally, I would advise anyone with significant funds in the market or sizeable 401k/IRA to get an advisor. A sharp one will find you ways to invest that fit your risk-level and things you may not have access to as an individual. You might even find you have enough assets to become a qualified investor, which opens up other options that some of my friends can't invest in.

    Mine showed me a gas-drilling fund that in the first year netted me an 85% tax credit for every dollar I invested. I plunked my whole severance bonus into it. I went from owing the IRS $1,000 above what I'd already paid in over the year to getting 10 times that back in a refund. PLUS, it is an investment in natural gas that is the "clean" energy everyone says we need to invest in. That refund alone is paying for my 2-post lift, the rebuild on my 71 350 engine, vinyl siding on my shed and rebuilding my deck.

    I like my money working for me now that I'm not working for money.
     
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  20. wkillgs

    wkillgs Gold Level Contributor

    401k is a great deal. I do most of my rebalancing there to keep my stock/bond ratio near 60/40. With the way stocks have been going up these past years, I occasionally have to sell off some stock to convert to bonds. Doing it in the 401k means I don't pay taxes on the gross proceeds from selling stocks/ETF's.
     
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