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  #1  
Old October 5th, 2011, 09:21 PM
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zengrifter zengrifter is offline
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Default Stock Market is a Suckers Game

Stock Market is a Suckers Game

Source: Paul Drockton




Behind the expensive suits and the talking heads and the constant reassurances there is a simple truth. The Stock Market is and has always been a suckers game. I discovered this on my own when, as a manager for Farmers Insurance, I was required to get licensed as a Registered Principal. I quickly acquired my series 6, 63 and 26.

Unfortunately for Farmers, I lost some money in the .com bubble and realized that gold and silver were much better investments. While other managers were pushing their agents to sell variable annuities, mutual funds and variable life insurance policies, I was teaching my agents to focus on fixed, interest bearing products.

My agents, thanks to my expertise and management skills, were some of the highest producing agents in the company. One of the facts that lead to my recognition as a President's Council manager and numerous other awards.

Yet, Farmers was displeased. instead of doing what was best for the client in the long run, they were getting people that trusted them for good, conservative financial advise, to dump their life savings into the Wall Street perpetual black hole.

Those that listened to my advice back then, which was buy gold and silver, and stay in interest sensitive products, never lost a penny.

Consider the following:

MORE- http://www.zenzoneforum.com/threads/...a-Suckers-Game
  #2  
Old October 5th, 2011, 10:11 PM
Machinist Machinist is offline
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Default And this

is news??????
Long haul and diversification......

Machinist
  #3  
Old October 5th, 2011, 10:50 PM
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zengrifter zengrifter is offline
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Originally Posted by Machinist View Post
is news??????
No, just a reminder - there is sh*t and there is shinola.
Listen to you pop and buy some more SILVER! zg
  #4  
Old October 6th, 2011, 08:09 AM
shadroch shadroch is offline
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Default

Gold in 1979 was $800 an ounce.
Silver was over $20 an ounce.
Dow Jones was around 800.

Today
Gold is around $1900 an ounce
Silver is around $40 an ounce
Dow Jones is around 11,000.

Gold went up 150% in that time, but you gained no dividends and had to pay to store it.
Silver went up 100%, paid no dividends and cost you money to store
Stocks went up almost 800% plus paid dividends that over twenty plus year would have doubled your investment on top of the gain.

The bottom line is that gold and silver are immune from compound interest.
Compound interest is the single most powerful tool in the financial portfolio.Stocks have it, precious metals don't. Fools scoff, the wise understand.
  #5  
Old October 6th, 2011, 08:13 AM
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zengrifter zengrifter is offline
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Default

Quote:
Originally Posted by shadroch View Post
Today
Gold is around $1900 an ounce
Silver is around $40 an ounce
Dow Jones is around 11,000.
That is like trying to SCORE compare count systems and giving them all the same ramp. zg
  #6  
Old October 6th, 2011, 09:21 AM
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blackjack avenger blackjack avenger is offline
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Default a meta study

I wonder how market returns would fare once all the scandals are factored in?
  #7  
Old October 6th, 2011, 09:36 AM
moo321 moo321 is offline
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Default

Quote:
Originally Posted by shadroch View Post
Gold in 1979 was $800 an ounce.
Silver was over $20 an ounce.
Dow Jones was around 800.

Today
Gold is around $1900 an ounce
Silver is around $40 an ounce
Dow Jones is around 11,000.

Gold went up 150% in that time, but you gained no dividends and had to pay to store it.
Silver went up 100%, paid no dividends and cost you money to store
Stocks went up almost 800% plus paid dividends that over twenty plus year would have doubled your investment on top of the gain.

The bottom line is that gold and silver are immune from compound interest.
Compound interest is the single most powerful tool in the financial portfolio.Stocks have it, precious metals don't. Fools scoff, the wise understand.
Game, set, and match Shadroch.
  #8  
Old October 6th, 2011, 09:39 AM
Machinist Machinist is offline
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Default I might be a country boy

But, A little of this and a little o that is the way to go....
A bit o land, a few diversified stocks, bonds etc., some cash, gold, silver. Maybe a few tractors, cows, critters etc. A few weapons, and a couple of fun guns, alot of ammo. A bunch of home canned goodies.
Throw in some good AP plays to boot...........

Yea that's the ticket!!!!!!

Machinist
  #9  
Old October 6th, 2011, 09:46 AM
Machinist Machinist is offline
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Quote:
Originally Posted by moo321 View Post
Game, set, and match Shadroch.
Eh...I call bulshiit MOO.......
If you play by the rules you will lose in the long run. The rules always get changed on ya.
What looks good on paper is not always the outcome nor the whole picture..
Just saying..in a perfect black and white world,yeah shads numbers look great, but curve balls are thrown now and then.
Machinist

Last edited by Machinist; October 6th, 2011 at 09:49 AM.
  #10  
Old October 6th, 2011, 10:10 AM
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blackjack avenger blackjack avenger is offline
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Default studies

Quote:
Originally Posted by Machinist View Post
But, A little of this and a little o that is the way to go....
A bit o land, a few diversified stocks, bonds etc., some cash, gold, silver. Maybe a few tractors, cows, critters etc. A few weapons, and a couple of fun guns, alot of ammo. A bunch of home canned goodies.
Throw in some good AP plays to boot...........

Yea that's the ticket!!!!!!

Machinist
Studies show a diversified portfolio outperforms. You did not mention foreign investments.
 

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