Is the next big bubble to burst called MONEY??

[kawilt]

Gold? Hahahaha, no............. Do NOT, count me in.

5 to 1 payoff over a 20 year span, not compounding, is a joke of a deal.

In fact, all I've learned reading about the securities and derivatives market can be summarized in one sentence, and I know it all: every long term investment is a bad investment.

You want money, you want it fast. A half century ahead before you die to be exact, when you're still a handsome little prick women would genuinely love to fuck.

Hedging it's an old man's game...It's for the sick and dying. Take a look at the top hedge fund managers of this world, a bunch of old twats. They cut through their returns by hedging this and hedging that and diversifying and blah, blah. They only make a lot because they have a lot to invest in the first place. A 10% yearly return is a lot to them, it only takes 10 fucking years to double up, after all...

The richest families, the Rothchild's of this world, they're fortunes took centuries to be built.

Who gives a shit about future descendants? Not me.

There's one and only one proper way to accumulate wealth as fast as possible, and that is to assume full maximal risk and break the law.

In the US you get thrown in jail for insider trading. Come the fuck on, that's like knowing a horse is gonna win and not being allowed to bet on it. This is quite revealing, the law is a mechanism trying to prevent people from making too much money quickly. So what do you do? Exactly what it's trying to prevent you from doing.

That's my infomercial, the real secret to getting filthy rich is to do whatever the fuck it takes to get there: hell-o-ooo!!!!????

Pretty good advise. I tried that....it worked for me. I didn't keep it long, but it worked.

 

[LW64]

You want money, you want it fast. A half century ahead before you die to be exact, when you're still a handsome little prick women would genuinely love to fuck.

Your age and appearance have nothing to do with very much of anything - and that goes double for women - when you have money.

There's one and only one proper way to accumulate wealth as fast as possible, and that is to assume full maximal risk and break the law.

In the US you get thrown in jail for insider trading.

It isnt the only way but it requires a calculation that gives an estimate of (a) the odds of getting caught, and (b) the odds that something serious will happen to you if you are caught. That calculation seems to have one answer for Martha Stewart, and another for the CEO of Goldman Sachs. Ya know?

 

[conquistador]

Your age and appearance have nothing to do with very much of anything - and that goes double for women - when you have money.




It isnt the only way but it requires a calculation that gives an estimate of (a) the odds of getting caught, and (b) the odds that something serious will happen to you if you are caught. That calculation seems to have one answer for Martha Stewart, and another for the CEO of Goldman Sachs. Ya know?

My whole point is that a sane person would prefer to get rich when they're still healthy and young, i.e. "retire ealry." No, it might not be the only way, but so far I truly haven't seen anything more profitable that won't lead you to breaking the law, eventually. Unless, of course, you could spell it out for all of us.

 

[Voltrader]

IDK Conquistador I do all right. I am a bottom feeder I eat the scraps that Goldman feeds me and I do alright. I am 42 and plan on being done in the next 10 years or hand it over to one of my children. Very stressful but great hours. I have done my share of hustling though it got me here.

What is true you will never be able to do it being a slave to the corporation though. They chain you up with pensions and matches. Keep you thinking you can't leave..... your bonus is coming or you need to vest that pension. I used to think this is a sad life but hey some people are wired that way and carve themselves a small niche in this world.

 

[Voltrader]

We are getting toppy...Mom and pop are giving in the inflows for ETF's and mutual funds are running at a rate 10x of all of last year.

Goldman Prop desk is making money hand over fist everybody else's trading departments are losing money. Goldman's Prop profits this quarter are only second to the quarter before the fall of Lehman. Very dangerous when Goldman's prop desk is making up a great portion of the market volume trading amongst themselves. Throw the inflows in the mix and it should be like clockwork..... slam. Goldman begins the dump.

 

[LW64]

The Dow has been flat since January; the popularity of congress and the president are lower than whale shit, so heroic measures to save politician ass are a waste of time; the QE taper continues with Yellen saying some sectors are overheated...

The stage is set for the 'correction'.

 

[conquistador]

Are you guys implying this bold market is about to plummet soon?

 

[LW64]

Are you guys implying this bold market is about to plummet soon?

What are the factors that have made it a 'bold market'? More specifically, is it due to real productivity gains or is it just a lot of companies buying back their own stock because the cost to borrow money is zippo?