Do you have to judge anyone you come across?
It looks clearer? I have some guilt complex while trying to put together a stock portfolio? I'm significantly below the age of 30?
No, this is a lot less clear. And it feels like this thread all over again.
You're not 30 yet, right? I said before your 30th b-day. Giving you some compliments turns into.....feeling links to another thread?
Dread, no offense, but this forum isn't suited for "trying to put together a stock portfolio". You're smart enough to know that, so I went with the underlying intent: validation by a few in front of many.
Sorry if that was wrong.
Umm, bullshit. It's as much for talking about mutual funds as it is for 7AM rants about what's at the dollar store. I try not to make things so damn personal, why do you?
Maybe you should think it's pretty damn "personal" to put together a stock portfolio. You didn't just want to talk about mutual funds or general investing, you wanted to talk about your investments in Chinese mutual funds. You even put up links!
I don't see how my 7am "rants" about things Made in China compares.
And why is this such a personal thing for you? I asked for a gut-check on a specific assumption I was using for a potential investment in a specific fund. I put up specific links to these specific funds.
Yet now you're still ranting about...well, I don't know what the hell you're ranting about. It's honestly not coherent.
Ban Dread for advertising penny stocks!
So if I mention this sounds a bit from envy, will I get screamed at again?
Brevior saltare cum deformibus viris est vita
I'm probably not as adamant as you think, and I don't wholesale buy into the Marxist interpretation of capital investment and investors, but it does seem somewhat low to speculate on real-world goods to fund one's fondness for gay underwear parties, or whatever. If you're not part of the solution, you know?
In the future, the Berlin wall will be a mile high, and made of steel. You too will be made to crawl, to lick children's blood from jackboots. There will be no creativity, only productivity. Instead of love there will be fear and distrust, instead of surrender there will be submission. Contact will be replaced with isolation, and joy with shame. Hope will cease to exist as a concept. The Earth will be covered with steel and concrete. There will be an electronic policeman in every head. Your children will be born in chains, live only to serve, and die in anguish and ignorance.
The universe we observe has precisely the properties we should expect if there is, at bottom, no design, no purpose, no evil, no good, nothing but blind, pitiless indifference.
Well, bond purchases are generally not speculation - there is some minor risk to the principal, but in general it is not a speculative investment (unless you're investing in low-grade bonds). Stocks definitely are speculation - though not in goods - but most people buy large groups of diversified stocks in an effort to protect the principal from anything short of wholesale market meltdown, and even then losses aren't automatically realized with a simple long position on a stock.
Anyways, semantics aside, I think that it's a very economically unproductive activity to sit on accumulated capital - which I assume is the alternative to 'speculative' investments. True, the proceeds from such investment might be poorly used or distributed (for said 'gay underwear parties'), but most of the capital is still working even if the dividends etc. are used to fund unnecessary consumption (I suspect you'd disagree with an assertion that most spending, even if silly, is actually beneficial economically, so I won't bring it up). Why not reward those who put their capital to work (improving everyone's lot), rather than sitting on it? Of course, if you'd prefer a wholesale redistribution of capital to completely even things out, I suppose you'd disagree with this line of thinking, but even then factories and bridges and such need to be financed by someone.
*shrugs* I guess I was just a little surprised by what I interpreted as a strong position that didn't make sense to me. If you're not that adamant about it, that's cool. Sorry for the digression.
You did use the phrase gay underwear parties, even if it was in air quotes, don't be sorry
In the future, the Berlin wall will be a mile high, and made of steel. You too will be made to crawl, to lick children's blood from jackboots. There will be no creativity, only productivity. Instead of love there will be fear and distrust, instead of surrender there will be submission. Contact will be replaced with isolation, and joy with shame. Hope will cease to exist as a concept. The Earth will be covered with steel and concrete. There will be an electronic policeman in every head. Your children will be born in chains, live only to serve, and die in anguish and ignorance.
The universe we observe has precisely the properties we should expect if there is, at bottom, no design, no purpose, no evil, no good, nothing but blind, pitiless indifference.