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Yeah thanks for bringing that one up, surfdog!Surfdog said:Ifall's and frvcvs "industry" pensions are riding on it. So can you, if you play smart.
You think your Hollywood union pension is riding on just porn PPV and box office receipts? That sh!t is just barely paying day to day expenses.frvcvs said:So you really think you have all the same opportunities in the market as anyone else? Next you're gonna tell me that every kid in this country is born with the same opportunities right?
1. I don't have Jamie Dimon's opportunity. I have exactly the same opportunity as every other wage slave with a whateverTrade account, and I am thankful for the opportunity to own dividend-paying means of production for the long haul.frvcvs said:1. So you really think you have all the same opportunities in the market as anyone else?
2. Next you're gonna tell me that every kid in this country is born with the same opportunities right?
This isn't the first time this has been pointed out to the both of them.Surfdog said:You think your Hollywood union pension is riding on just porn PPV and box office receipts? That sh!t is just barely paying day to day expenses.frvcvs said:So you really think you have all the same opportunities in the market as anyone else? Next you're gonna tell me that every kid in this country is born with the same opportunities right?
Look at you pensions portfolio for a reality check, darlings.
Yep, dividend paying stocks are the key for long haul investing. I wish I'd put more in when I was younger. Especially now and recent years, with banks paying less interest on savings than our inflation rate, parking most of your money in those "safe" savings accounts, that gain a "whopping" 1% to maybe 1-1/2% annually for term accounts, you're actually LOSING money in those accounts, even after our "supposed" low inflation (ha!!) gets through with those returns.Pissbiscuit said:1. I don't have Jamie Dimon's opportunity. I have exactly the same opportunity as every other wage slave with a whateverTrade account, and I am thankful for the opportunity to own dividend-paying means of production for the long haul.frvcvs said:1. So you really think you have all the same opportunities in the market as anyone else?
2. Next you're gonna tell me that every kid in this country is born with the same opportunities right?
2. No, jeebus you're as reactionary as a Republican primary voter at times. I graduated college with no debt thanks to my parents so my life was basically handed to me.
You act like I'm going to that office from South Park, putting $1,000 in "....and it's gone". That isn't what is happening here. I have mostly S&P 500 index funds. I swooped up some tobacco dividend stocks, some Dow dog dividend stocks, some utility dividend stocks, a little slop in a Canadian market benchmark, and two different pharmas I picked off a list of "weed stocks".
By and large I am investing in stuff like Coca Cola and GE, Procter, Nike...this isn't leveraged derivatives by a long shot.
You didn't answer my question. Do you think you have the same opportunities with your portfolio as the typical wall street trader has with his personal portfolio let alone some big shot hedge funder? Sure they let us get us taste. Sure we can make some money and watch our nest eggs grow. But there's a market for us and a market for them. And a lot of the risk they're taking on is with our money not theirs. That's the problem. When it all comes tumbling down we take the hit and they end up just fine.Surfdog said:You think your Hollywood union pension is riding on just porn PPV and box office receipts? That sh!t is just barely paying day to day expenses.frvcvs said:So you really think you have all the same opportunities in the market as anyone else? Next you're gonna tell me that every kid in this country is born with the same opportunities right?
Look at you pensions portfolio for a reality check, darlings.
If they were taking risk with anyone's money we wouldn't have these problems in the first place. Yours, mine, irrelevant.frvcvs said:And a lot of the risk they're taking on is with our money not theirs. That's the problem. When it all comes tumbling down we take the hit and they end up just fine.
So, you work for the same big corpo that you seem to bitch about here?ifallalot said:Mine's not Hollywood. I work for a much bigger, much richer entity
Do you think I have the same opportunities that the people who manage the pension have? Absolutely not.
I can learn how to become an expert gambler in Vegas or I can in New York. Good on you guys who want to gamble; I don't like gambling.
No, I don't work for a bank and the vast majority of the employees are statesideSurfdog said:So, you work for the same big corpo that you seem to bitch about here?ifallalot said:Mine's not Hollywood. I work for a much bigger, much richer entity
Do you think I have the same opportunities that the people who manage the pension have? Absolutely not.
I can learn how to become an expert gambler in Vegas or I can in New York. Good on you guys who want to gamble; I don't like gambling.