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What do you like about investing?

Discussion in 'Investing' started by TomB16, Aug 6, 2019.

  1. TomB16

    TomB16 Well-Known Member

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    I mean, beside the money. lol!

    I'll start.....

    I like the personal nature of my own performance.

    As I go through life, there is an endless lineup of people who explain they are smarter, better, and more wise than I am. It's the way of the world.

    I contracted to an engineering firm for several years and never got of any comment with regard to the quality of my work. My work was top notch, or I'd have been down the road. Other excellent engineers were also generally scowled at.

    ... and yet, the son of a prominent local business man was praised endlessly for the non-stop screw-ups he prosecuted on the company. If there was a way to blame anyone else for his shortcomings, it happened. Sometimes, even when there wasn't.

    The incidence of inflated self appraisal is basically ubiquitous.

    With investing, there is an objective measure of performance. We all get to confront the real numbers, unless we chose to avoid them. Any of us can compare ourselves to the S&P 500 index to have a decent idea of how we are doing. Comparing to each other is pointless, since I've never seen actual performance numbers revealed.
     
    #1 TomB16, Aug 6, 2019
    Last edited: Aug 6, 2019
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  2. OldFart

    OldFart Well-Known Member

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    @TomB16
    I like not having a boss. Like you, I've had assholes for employers. Bottom line + ass kissers is what most employers care about.
    freedom.jpg
     
  3. TomB16

    TomB16 Well-Known Member

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    I've also enjoyed getting to know companies a lot more than I expected. It's a pleasure to follow some companies and I feel oddly prideful in the accomplishments of men who I will never meet personally.

    The flip side is that when I discover a group of executives who are siphoning more than a reasonable share of profit, I don't like that. In these cases, I can't wait to document the findings and stop following the companies.
     
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  4. Investment_plans

    Investment_plans New Member

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    Personally, I love the fact that investment is not just about saving up your money and accumulating a specific amount for the future. Rather, when you invest money, you reap the benefits of returns with interest rates. This means that your investment amount is not static but rather constantly growing. I like to picture investment in stocks and other securities as sowing a seed in soil - you reap the returns of flowers, fruits and plants as you go along!
     
    #4 Investment_plans, Oct 31, 2019
    Last edited: Nov 6, 2019
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  5. Debby Tompkins

    Debby Tompkins New Member

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    According to my experience, People invest money with the hope of getting a greater ROI(Return on investments), I love it whenever I invest in anything and I make a profit. One more thing I would like to mention is if sometimes my investment fails and I lose money it teaches me a lot of things that should be taken care of in the future. Investment is the only way to learn new things which are going on in the market. So, people should invest their money and earn some extra money and knowledge.
     
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  6. TomB16

    TomB16 Well-Known Member

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    Welcome, Debby. It's a pleasure to meet you.
     
  7. Debby Tompkins

    Debby Tompkins New Member

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    It's a pleasure for me too, to become a part of this community. This is a good place to share thoughts and gather knowledge, I signed up here to get some effective ideas for investing my money and it looks like I'm at the right place.
     
    TomB16 likes this.
  8. TheSmelloscope

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    The older I get, the more I appreciate the deep satisfaction of seeing things grow slowly over time. Plants, friendships, skills, knowledge, fitness, financial investments, creative contributions, etc... I want them all to grow! And when they do it makes me feel like I'm achieving my purpose in life.
     
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  9. TomB16

    TomB16 Well-Known Member

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    I appreciate the current situation in which there will be an absolute outcome. Partisanship will continue unabated but one mind set will be correct and the others will not.

    It's pretty clear there is a tribe of folks who believe the hype surrounding coronavirus and economic problems is a hoax that is likely to self-fulfill to a minor extent.

    Meanwhile, we have a group that sees a future of financial desolation and the warming of hands over 55 gallon barrels which are stoked with the stock certificates of bankrupt companies.

    There are a few camps in between but the bulk of people I know seem to view the future from the perspective of one of these poles.

    Everyone will redefine history to make themselves appear correct. This is a shame but it is human nature.

    We have the idea feed stock on this site to get all points of view on the table and compare them to objective data and subjective projections to test for sanity. I feel this site will directly provide ideas that will increase our net worth by a significant amount.

    It's too bad we can't discuss this without one side being angry the other side doesn't agree with them. We could all benefit. Such is the polar condition of our era. Still, I appreciate the points of view that differ from my own. I don't need to read someone parrot back my own ideas. I already know that stuff, mostly

    I wish everyone prosperity and phlegmless lungs.
     
  10. Trahn Thompson

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    Tom, my thoughts on this current virus event. I think it comes down to two simple issues. 1 It is worst then what they are telling people. 2 It’s not any different than any other flu and is being hyped for a purpose. Both issues concern me because they both contain lies. So for me if one of these two issues is correct what do you really win if your right. When I see someone investigate where this virus came from, how it got released and hold them responsible. That will be for me someone trying to find the truth. Happy Investing!
     
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  11. Trahn Thompson

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    On the topic. What I like about investing.. I like reading between the lines of a company’s fluff, puff and bullshit. Kind of a life skill that needs to be honed in these times! Happy Investing!
     
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  12. TomB16

    TomB16 Well-Known Member

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    Amen, Mr. Thompson!
     
  13. TomB16

    TomB16 Well-Known Member

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    Money.

    It's all about trying to create an objective view of the problem and make projections on the impact of the problem.

    Those who think the problem has been exaggerated by the media should buy this low that was created by hysterical over-reaction. This case would be an artificial low in a healthy market.

    Those who think the problem is being under-played by government and healthcare should hang onto their cash for a while longer. This case seems to need further study on the depth of the problem.

    I'm looking for the most objective view of the problem I can manage. That involves compensating for my own bias and subjectivity, as best I am able.

    Happy investing, Trahn.
     
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  14. Trahn Thompson

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    Agree. But a much deeper meaning as this event has left it's historic mark that will never be erased. Like every flue season from here on out are we going to shut the world down. That would be crazy thinking but could very well happen. We have went down a road with this event that will change history forever. So in my mind no matter who is right we all lose! WHERE WE GO ONE WE GO ALL! Happy Investing!
     
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  15. Rhiannon Clinton

    Rhiannon Clinton New Member

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    I really enjoy sharing the knowledge I've gained with friends and family. I just got my fiance started this year. He loves it! It's like a game to both of us and it's exciting. :) I got his sister on board as well. It's nice to share an interest in something with those close to you, especially when everyone is winning. I wish more people would invest. You can only lead a horse to water though. I don't really see a need for putting everything in my savings anymore. The yields are really low. I keep emergency money in there now and that's it.
     
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