How to look at todays market to make money in ten years

Discussion in 'Stocks & Derivatives' started by Ipv6Ready, Aug 4, 2022.

  1. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    People with tens millions to billions take this guys advice



    People can disagree or take only some parts of advice.

    Just remember whether you are collecting metals, digital coins, property or shares the end goal is you have FIAT.

    It matters not if you are pure metal, pure digital, pure cash, shares, property or a mix of assets.

    If your wealth is just above average, average or below average compared to your peers you need to broaden.

    If the growth of your WEALTH over time is less than SP500 INCREASE you are below average FULL STOP.

    Dont feel good you did well last month, you are doing bad if your over all wealth is less than long term SP500 increase
     
    Last edited: Sep 24, 2022
  2. Real $

    Real $ Well-Known Member Silver Stacker

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    I see the title attached is Goldman and instantly shy away as trust very little that their information so freely shared is of benefit to me, corruption and manipulation just like good old JP Morgan and there blatant and often reported but never to cease long term metals manipulation...or Goldman Sachs ground breaking pessimistic crap on lithium. But definitely will watch this as the more sources of information I watch try to weigh it up find the relevance. Thanks for the video mate
     
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  3. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    At 71 now, being rich in 10 years doesn’t leave much time for cocaine and hookers!
     
  4. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    In ten years' time, those that are still alive and healthy will view that as a far greater accomplishment than the fact of whether they had
    made any fiat money in the preceding ten years or not.

    There is a war being waged against humanity and most people are still blind and clueless as to what is going on.
     
  5. Real $

    Real $ Well-Known Member Silver Stacker

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    Think as stackers many of us share similar thoughts and also have made or are making certain, specific countermeasures and preparations, but I also can't live in my head with such a guaranteed bleak outlook, decided to prepare for both negative and positive that way I'm halfway covered...plus as Sammysilver sagely said there's always hookers and cocaine ;) so it's not all bad yet
     
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Look at Starbucks on the monthly chart.
    Is that a massive head and shoulders forming???
    I was looking at dividend paying stocks and saw that.
    It might be one to watch if it goes back to 5 bucks but who will be able to afford a coffee by then hehe.
     
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  7. dozerz

    dozerz Well-Known Member Silver Stacker

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    need to get started now to maximise the yield ;)

    seeing as the sp500 is down 15% over the year i feel pretty good.
     
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  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    22% i thought
     
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  9. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    Using a Weekly Chart, it is down 24.47% for the year as of the close.

    upload_2022-9-29_10-34-20.png
     
  10. vos

    vos Member

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    How to look at todays market to make money in ten years

    Invest in your skills. Skills to actually make things whether physical or digital. Not in skills to make money for other people.

    Skills seem to pay dividends time and time again and its uncorrelated to business cycles.
     
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  11. heartastack

    heartastack Well-Known Member Silver Stacker

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    Negotiating and sales skills are often also in short supply, often in the very areas people have other core skills in.
    Think about it - good sales people earn CEO wages and can build inverted power structures in organisations because they are the face and voice of the very product they're founded on. My foray into sales has been incredibly shocking - what initially appeared to be a bunch of belligerent dickheads with overpaid lifestyle roles have become the smartest and most respected cnts I know!
     
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  12. vos

    vos Member

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    ah, that's sweet.

    Specialize in something and collect the fee. Maybe the sales guys are specialists but with 1000s of them it's extremely competitive and you got to share those specialist fees with so many other cnts.

    The money's often in the small niches. As true for I think income as for numismatics.
     
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  13. heartastack

    heartastack Well-Known Member Silver Stacker

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    Yes you're right, just the word 'sales' comes with baggage. I'm a 'technical sales' so have the science/tech lab experience already. I wouldn't go back to the lab, and I wouldn't go 'pure sales' either. Technical sales is the place to be for any motivated specialist that doesn't want the risk of starting a business.

    Consultancy is of course the retirement end-game heheh..
     
    Last edited: Sep 30, 2022
  14. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    If you are themactic picker than you know what you are doing ie stock picker for the economic times.

    However for those that are more inclined to read/watch about ASX200 or American SP500, NDQ or DJ etc and prefer to do ZERO research but to speculate and have spare cash wait for armageddon with all media telling you to sell, that is your queue to buy stocks.

    Right now I am loading up on ESG thematic with 5 year 10x to 100x potential, but I have pivoted a small $10k with Putin Nuclear first strike to lead and enough LPG to make more shots. I dont realy need any more guns.
     
  15. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Health and silver.
    imo, WW3 is coming and just like those who thought Bitcoin would never drop from $69,000USD to $19,000USD it did.
    If you can, get out of the city. Set your self up on land that has permanent water.
    Invest in your self. (Healthy lifestyle, happiness)
    Buy physical gold, if you can, to add resilience to your way of life. (Often, less stress will make you happy)
     

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