Betting on Stocks is waste of time and money

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  • Sawyer
    SBR Hall of Famer
    • 06-01-09
    • 7707

    #1
    Betting on Stocks is waste of time and money
    Bitcoin is outperforming both S&p500 and Nasdaq.

    Even Gold outperformed stocks in 21th century. Strange but true.

    New interface sucks btw. Bring old interface back!
  • jackpot269
    SBR Posting Legend
    • 09-24-07
    • 12811

    #2
    [QUOTE=Sawyer;n29859054]Bitcoin is outperforming both S&p500 and Nasdaq.

    Even Gold outperformed stocks in 21th century. Strange but true.

    New interface sucks btw. Bring old interface back![/QUOTE]

    I agree. It is definitely going to take getting used too.

    Comment
    • slewfan
      SBR Posting Legend
      • 10-01-15
      • 15743

      #3
      Really.?. Tell that to every Congressman and woman who became multi millionaires in the markets since they started their terms.
      Comment
      • d2bets
        BARRELED IN @ SBR!
        • 08-10-05
        • 39990

        #4
        Originally posted by Sawyer
        Bitcoin is outperforming both S&p500 and Nasdaq.

        Even Gold outperformed stocks in 21th century. Strange but true.

        New interface sucks btw. Bring old interface back!
        Betting on stocks has always been a winner, and has a whole lot more history behind it than Bitcoin.
        Comment
        • Sawyer
          SBR Hall of Famer
          • 06-01-09
          • 7707

          #5
          Originally posted by slewfan
          Really.?. Tell that to every Congressman and woman who became multi millionaires in the markets since they started their terms.
          Well, do you think they become multi millionnaires because of stock market or they have insider information?
          Comment
          • Sawyer
            SBR Hall of Famer
            • 06-01-09
            • 7707

            #6
            Originally posted by d2bets

            Betting on stocks has always been a winner, and has a whole lot more history behind it than Bitcoin.
            Not really.

            Do you know it can hardly beat monetary expansion?

            Bitcoin outperforms stocks, period.

            Even gold outperformed stocks in 21th century. Sad but true.

            If you think you can beat S&P500 Index Funds, think about it again!

            Only %10-15 fund managers can beat S&P500 Index Fund.

            So your best bet is to bet on S&P500 index fund and settle for a mediocre %10 gain. Eeew!
            Comment
            • slewfan
              SBR Posting Legend
              • 10-01-15
              • 15743

              #7
              Originally posted by Sawyer

              Not really.

              Do you know it can hardly beat monetary expansion?

              Bitcoin outperforms stocks, period.

              Even gold outperformed stocks in 21th century. Sad but true.

              If you think you can beat S&P500 Index Funds, think about it again!

              Only %10-15 fund managers can beat S&P500 Index Fund.

              So your best bet is to bet on S&P500 index fund and settle for a mediocre %10 gain. Eeew!
              10% is mediocre in your world.?. Well then, I guess 10% is nothing.?. What is 10 percent of a million bucks again?. Oh yah, it's only 100 thousand dollars. Most people have to work over a year and a half to make one hundred thou. But it's nothing to you.?

              Comment
              • Sawyer
                SBR Hall of Famer
                • 06-01-09
                • 7707

                #8
                Originally posted by slewfan

                10% is mediocre in your world.?. Well then, I guess 10% is nothing.?. What is 10 percent of a million bucks again?. Oh yah, it's only 100 thousand dollars. Most people have to work over a year and a half to make one hundred thou. But it's nothing to you.?
                Monetary expansion is approximately %6.
                Therefore, yes, you barely beat monetary expansion with %10 return.
                Comment
                • slewfan
                  SBR Posting Legend
                  • 10-01-15
                  • 15743

                  #9
                  Originally posted by Sawyer

                  Monetary expansion is approximately %6.
                  Therefore, yes, you barely beat monetary expansion with %10 return.
                  Give me 6 % on my money, I'll be a happy man . To heck with Bitcoin and the Stock markets.

                  Comment
                  • Sawyer
                    SBR Hall of Famer
                    • 06-01-09
                    • 7707

                    #10
                    The problem is,

                    When you gain %6 on your money,
                    You become richer only on paper.

                    The cost of products also go up!
                    Don't focus on nominal price increase.

                    Do you remember how much a big mac cost in 1980's?

                    The real inflation is much higher then ''official'' inflation.

                    Even GOLD outperformed stocks in 21th century. Strange, isn't it?

                    Bitcoin is the ULTIMATE APEX PREDATOR ASSET.

                    Everything lose value against Bitcoin, over long term..Everything!
                    Comment
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