8/18/2011 12:43:13 PM

8/18/2011 5:32:03 PM

8/19/2011 10:30:38 AM

9/22/2011 11:31:37 AM

^didn't realize that Sean Miller worked on Wall st as well

9/22/2011 1:51:26 PM

MORE WE NEED MORE!

9/22/2011 3:19:09 PM

[Edited on September 22, 2011 at 3:28 PM. Reason : so cool Ø]

9/22/2011 3:22:09 PM

9/22/2011 6:15:24 PM

At this rate, the rate cuts are pure psychology.

I bet if they had raised the rates, people would say "Oh shit, better hurry and get business done before the rates go up even more"


but that's not the case. They are lowering rates again which means "Oh, I can relax, it'll be a while before I have to worry about losing money to interest.

9/22/2011 6:20:09 PM

9/23/2011 9:20:20 AM

^I like that photo...I feel as if we could caption it and use it many instances on this site

9/23/2011 9:45:12 AM

Fuck you too, internet

http://media.zenfs.com/en_us/News/Reuters/2011-09-22T163621Z_01_AWI09_RTRIDSP_3_MARKETS-GLOBAL.jpg

[Edited on September 23, 2011 at 10:00 AM. Reason : ]

9/23/2011 9:58:53 AM

http://kegsneggsblog.com/2011-09-22%2020.20.20.jpg

[Edited on March 6, 2013 at 6:41 PM. Reason : too big]

9/23/2011 10:09:48 AM

9/23/2011 10:10:47 AM

11/30/2011 4:40:30 PM

11/30/2011 7:02:44 PM

12/2/2011 5:14:22 PM

JIM GAFFIGAN NEEDS FIVE

12/3/2011 6:11:42 AM

5/11/2012 9:59:42 AM

3/5/2013 11:16:57 AM

3/6/2013 4:53:58 PM

lol we back

3/6/2013 6:41:10 PM

4/15/2013 7:08:09 PM

Today is the 5 year anniversary of the financial collapse.

http://www.businessweek.com/features/financial-crisis-anniversary-2013/

9/15/2013 1:26:53 PM

I guess this is a good place to post this.

Here is a good 3 minute video about how big Wall Street banks screw the common man

http://www.filmsforaction.org/watch/too_big_has_failed_3_ways_wall_street_hurts_you/

9/15/2013 1:34:55 PM

Petition to make a NEW chitchat that is not just a larger, less pedantic soapbox

9/16/2013 5:40:50 AM

wtf does pedantic mean?

9/16/2013 9:33:24 AM

9/16/2013 2:22:47 PM

Quote :

"wtf does pedantic mean?"

basically that annoying person that pretends to know everything on such a scholarly level when actually they are just full of shit. You know, like the scene in that Matt Damon movie about harvard.

9/16/2013 4:29:55 PM

[Edited on September 30, 2013 at 1:15 PM. Reason : .]

9/30/2013 1:14:08 PM

8/24/2015 8:42:21 AM

Lol crash in 2 minutes, don't panic

8/24/2015 8:49:30 AM

8/24/2015 8:59:56 AM

may we start panicking yet?

8/24/2015 9:37:25 AM

8/24/2015 10:28:13 AM

8/24/2015 10:29:38 AM

I love the look of suspense, and SHAME!

8/24/2015 10:32:34 AM

someone explain to me what is going on here and if I should be concerned

cuz I don't money good

8/24/2015 11:39:50 AM

^^It's easy to get confused with the colors.
In China, green means DOWN (bad luck), red means UP(happiness, luck). That's opposite with culture here.

8/24/2015 11:43:54 AM

If you trade stocks for income or are about to tap into retirement its bad. For everyone else , its good. Although roch people might use it as an excuse to pay workers less.

8/24/2015 11:59:40 AM

Plummets AGAIN

8/24/2015 3:17:12 PM

my boss made a couple hundred through buying some stocks this morning, and selling them at lunch

8/24/2015 3:50:25 PM

S&P is down 3.9 and i'm only down 3%... not bad, but hopefully this doesn't keep up the rest of the week.

8/24/2015 4:20:39 PM

I'm down 1% thanks to some fortuitous timing in the last couple of weeks. I dropped all the international funds which saved me about 1/3 of my 401k

8/24/2015 8:47:28 PM

Quote :

"If you trade stocks for income or are about to tap into retirement its bad. "

haha times like this are when many traders make the most. it's tough to make money trading without volatility.

I made a shitload of money back in '08-09...volatility then was so much crazier and more sustained, and I was in Iraq with 1-2 days per week where I was stuck on duty instead of flying, sitting at a computer for 12 hours straight at night (i.e., trading day in the American markets)...

To be sure, there are traders (and lots of others) who took a beating over the last few days, but times like this are the best time to be a trader. You have to have enough money to play meaningfully, the right personality for it, the right setting (time and access to trade), the right knowledge, and some luck.

____________

If you're about to tap into retirement, hopefully you have plenty of holdings that are very stodgy and stable, where you aren't forced to sell low. That's 101, but plenty of people fuck it up, I guess (although the data I've seen is that the opposite is much more common--millennials are being huge pussies with their investing, eschewing stocks, and failing to accept enough risk and volatility while they can to ever amass enough wealth).

8/24/2015 9:16:04 PM

Unrealized losses aren't really losses.

It's like the old Roman philosophy, the victor is not victorious if the vanquished refuses to consider himself so.

Seriously though, I almost always buy on every dip and correction. I hope eventually to live almost exclusively off of interest and dividends in my retirement, hard to do that without plowing a lot of money into the market.

8/24/2015 10:49:32 PM

that's true in a sense. i'd even mostly agree with it. not 100%, though.

and yeah, I only wish I had kept more cash on the sidelines to buy as it heads down. I bought a couple grand more SPY on Friday afternoon. I'll probably do it again soon, depending on how things develop.

8/24/2015 10:53:24 PM

[Edited on August 25, 2015 at 11:32 AM. Reason : ;]

8/25/2015 11:19:17 AM

6/24/2016 6:09:06 PM

2/5/2018 3:55:44 PM