- Joined
- Sep 24, 2007
- Messages
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Why do you celebrate hedgefunds?
the same people who celebrate stealing millions of Americans retirement.
they are the embodiment of evil. They are corrupt
I'm not "celebrating" anyone. I'm utterly ambiguous about hedge funds. I don't like or dislike them, they're just an entity that exist that I don't pay attention to.
They didn't steal a dime of my retirement, and my retirement accounts have a ton (less by the year as I get older and they adjust, but still plenty) in the equities markets. I've made steady gains year after year and am sitting on well over $1m in my combined retirement accounts and I'm 43 years old.
People like @brackis1 and @rob mafia are well versed enough in trading to actually do it to earn a living. I'm not, and thus any money I'm putting directly into specific stocks to "trade" the market is essentially entertainment money for me. Not much different than going to a casino (at least psychologically). But that doesn't mean a know-nothing like me can't enjoy what the market offers by having exposure in other ways. And I'm not special. Literally anyone can dollar cost average into the markets and over an extended period of time, they will see impressive gains as long as they're diversified. And there are a zillion vehicles to do it with these days that give you instant diversification.
You want to bang this drum of "It's not fair" and I'm not telling you that's right or wrong, but that it's irrelevant. Don't try to be an amateur and beat professionals at a game they hold all the advantages in, it's idiotic. Instead, play the game on your own terms and don't try to get rich quick. The Americans you think are having their retirements "stolen" have to be dumb as fucking rocks to jump in on something like this GME stunt with money that matters to them.




