Occupy Wall Street: Not on major media but worth watching!

[Dudesome]

Accredited with a capital A. Isn't that a bit formal for the individual investor?

I don't do -

high risk

venture capital (seed money)

partner up

hedge funds

I do have a retirement plan that looks like your basic long term, low risk diversified portfolio of non-managed, low-cost index funds, bonds and cash. But thanks for the investment advice.

to be an accredited investor you have to:
either have a revenue of 200k$ or a capital of 1mil$

there arent too many AIs in usa.

I am not saying that all of the paper is worthless 100%, but the soundest investment advice you will hear today is this: Load up on physical commodities.
Atleast that's what I am doing. That's what Asia is doing. people of UAE are doing just the same..

 

[zor]

hey guys, good discussion here.

Well, think about it. BOA is suffering and needs cash. Buffet bought low with an eye to sell high. You know, make a profit? Buffet loaned money to Goldman Sachs during the bailout and received a better return than Uncle Sam. I recon one could argue he's the very idea of business savvy. Not to mention he plans to will his fortune to Bill and Melinda Gates..

Its not as hard to loan money to gs at the right time when you're privy to meetings and know how the laws will change.

Imo, one of the contritibutors to the biggest, and most manipulated (plunge protection team) short squeezes beginning in march 2009 aka dow rally, was the changing of mark to market rules for banks. Without having to be accountable for crap that they hold, they can lie to the public. Many people in trading/finance forums have flamed about this since it happened. Taleb's mentioning of it is no suprise to some.

I would find it very hard to believe that buffet wasn't privy to info/chattering about congressional plans, the real deal books of the 'private' banks, and the impending short squeeze.

This makes him just another criminal with a big bank account just like Ken Lay,the former ceo of boa, that made out like a bandit as well, by bottom fishing boa shares in early 2009.

 

[DiscoBiscuit]

Lost me at the last sentence. I said it a while back. Buffet's not the idea of your average swindler. But let him say his taxes should be raised and all bet are off.

But noooooooo...

 

[zor]

to be an accredited investor you have to:
either have a revenue of 200k$ or a capital of 1mil$

there arent too many AIs in usa.

I am not saying that all of the paper is worthless 100%, but the soundest investment advice you will hear today is this: Load up on physical commodities.
Atleast that's what I am doing. That's what Asia is doing. people of UAE are doing just the same..

good advice imo if one is in a position to invest. Fine art, collectibles, jewelry, boats, etc have been seeing blips up along with the gold bull run for this reason.

 

[BiG H3rB Tr3E]

i am the 99% who thinks the occupy crowd looks RETARDED. you have a good message. why soil it by looking and acting like a god damn fool?

fucking burnt out hippies-freaks-weirdos....

 

[guest86120975]

On a lighter note, who knew it's legal for chicks to be topless in NYC?

http://www.youtube.com/watch?v=BBy9YDwqzwg&NR=1

 

[Dudesome]

On a lighter note, who knew it's legal for chicks to be topless in NYC?

http://www.youtube.com/watch?v=BBy9YDwqzwg&NR=1

holy shit, now I've seen everything...

 

[DiscoBiscuit]

... This makes him just another criminal with a big bank account just like Ken Lay,the former ceo of boa, that made out like a bandit as well, by bottom fishing boa shares in early 2009.

Key Lay set up shadow corporations and traded assets from the right hand to the left hand. Then he booked these transactions as profit before market value was established. Then he used these bogus profits to meet his bonus qualifications. Between bonuses and investors smart enough to cash out, they raped their entire workforce' pensions.

Not to mention colluding with other utilities to shut down for maintenance at inappropriate times, driving up the cost of electricity. Ken Lay was busted for real crimes, not for being in the right place at the right time.

It's common knowledge that Martha Stewart was a fall gal for insider trading. I'm not a cheerleader for Buffet, I referenced the fact that tax rates should support expenditures.

Since, I've been told Buffet's a crook and how to invest. Neither of which I find relevant to my position on tax rates.

Macro economics doesn't cherry pick statistics. 20/20 hindsight is about as clear as it gets. Supply side and anemic revenues do not generate surpluses. But we've been there enough to know how to get em.

 

[Dudesome]

I referenced the fact that tax rates should support expenditures.

Neither of which I find relevant to my position on tax rates.

Macro economics doesn't cherry pick statistics. 20/20 hindsight is about as clear as it gets. Supply side and anemic revenues do not generate surpluses. But we've been there enough to know how to get em.

ok as I ve said, I am not an economist. Neither is english my native language. So could you elaborate a little on what you mean by tax rates supporting expenditures? I'm pretty sure theres something I dont get in your point not because of the point, but because of me =) not sure if I can start researching your terms right ahead in this baked condition.

So in other words, what exactly are you talking about?

 

[DiscoBiscuit]

maybe you need to smoke more

 

[Dudesome]

maybe you need to smoke more

yeah i'll try to get it later.

still, you are talking about something that's just too dedicated for me just yet. I don't really concentrate on details too much. guess im not smart enough

 

[kmk420kali]

i am the 99% who thinks the occupy crowd looks RETARDED. you have a good message. why soil it by looking and acting like a god damn fool?

fucking burnt out hippies-freaks-weirdos....

Haha!! Bro, I don't know if we are close to the same age...not sure-- I spent my 20's in the 80's-- Did/wore some dumb-ass things but still felt secure in being who I was--
Then flash forward to Sept 11 2001...and ppl got scared to protest the Gov (As a whole...I realizing I am generalizing--)
I am glad that all these "kids" are finally doing something--
Maybe we should have an "Over 40 Occupy Something...but I might bring a lawn chair, but no, we're not the Tea Party" Protest--

 

[devilgoob]

Businesses, don't pay for their expenses fully.

Investors invent into them, wanting the business to grow.

The business has a patent war, forgets to write it's real earnings down, says it can't pay employees more (CEO) gets paid too much.........then....

the business expands a little bit, demand goes down a bit. Then people get laid off.

It's not because people are busy paying taxes and not spending it on the business..

It's the "keep up with the Jones mentality" some people have, or the overeating of convenience food, then the medical costs associated with high-portion eating, then the added benefit of no exercise.......OH NO WAIT. They take the stairs sometimes (and think it's exercise!).

You also have the daily cocktail of meds @ usually anywhere from $2 usd to $30 usd.

Then we have everything running off oil, because plastics are refined from it and it's always there.

Then you have the same people in office owning the biggest oil companies and the largest conglomerates.

THEN WHEN THE PEOPLE GET LAID OFF AND BUSINESS IS SLOW......

THE INVESTORS PULL OUT. Ok.

So, they don't care nor are responsible for allocating the money they put into the company.......the company itself isn't even fashioned to be funded from investors......because apparently whomever manages the assets is a scumbag who CAN'T DO MATH. Or will be rich anyway, making sure he gets paid while a bunch of people working for their money don't know the books are being cheated or someone doesn't know math.

IT'S EITHER STUPIDITY or MATH. Or could it be greed?

I am not saying take from the rich, give to the poor. The money goes to the Feds.......and the more plateaus....

the more you save per dollar on taxes!.


My dumbass friend tells me: When a rich person buys a car.....like lambo.....they pay WAY MORE TAXES.. So for rich people, they pay more taxes, he says.

I told him, if you were taxed less, the more money you spent on the car......you would've actually owed less taxes if you bought the $2000 car at the same taxing rate as youd've been paying toward the lambo.

So rich guy, buy a $2,000 vs a $200,000 car, if you think being rich that you are fucking taxed more.

 

[dagnabit]

yeah i'll try to get it later.

still, you are talking about something that's just too dedicated for me just yet. I don't really concentrate on details too much. guess im not smart enough

Sometimes he is a bit slow on the uptake.
You will have to forgive him.
As you can see he still guinely believes you gave him investment advice.

 

[DiscoBiscuit]

He gave a lot a advice, dumb ass.

 

[Dudesome]

He gave a lot a advice, dumb ass.

cmon now, don't start a battle out of nothing.

All I did was only sharing some information. No advices given, DiscoBiscuit. I am not here to argue. I am here to express an opinion and learn. If you have things to share, please do. I am very positive about hearing what you have to say, because I respect your point of view, although it's quite different from mine.

 

[dagnabit]

No advices given

that

 

[DiscoBiscuit]

... If you're a smart lad you will want to start a legal entity to protect your wealth.

... I am not saying that all of the paper is worthless 100%, but the soundest investment advice you will hear today is this: Load up on physical commodities.

that

Lol, You're throwing the bogus advice as well, saying I should argue corp taxes when I've been doing it the last 3 years.

not to mention this gem

Individual taxation of 1500 ain't gonna pull us out of the hole.

stop trolling and pay more attention

 

[Dudesome]

I didn't mean to give an advice. I was showing how it is usually done. I just didn't think the idea of owning a corporation would be that alien to you. It's a common practice for many investors. It's really nothing big. A folder with some paper in it. I own one. Just 2.5k euro here in europe and you are set.

 

[Dudesome]

As for the investment advice about physical commodity that I only shared. If you are into the right news you will hear that advice quite alot. Again I was only sharing some information. I am not giving advices. Everyone's free to do wtf he wants with his money.