Tuesday, September 9, 2014

The stock troll visited

I got some comments from the RWNJ Stock Broker Troll today. To summarize: he's gotten rich even though he's never made much money in salary. He eschews Treasury bonds (reality: people who were in bonds before the crash made a huge return).

He never keeps money in banks. When the stock market crashes, he says "Buy more!". Okay where does the cash come from to do that if he never puts money in banks or bonds? His Mattress?

He gave me every cliche that stock brokers use rope in the suckers. I won't post any of them, I'm sure he gets paid for each one. Something to bring in an extra buck besides greeting at Walmart.

I particularly liked his comment on the mongoose eating the Tea Party snake "Only the ignorant allow others to fuck them over. Get educated. You have a brain use it". He doesn't want you to get educated, he wants you to repeat his talking points and buy stocks from his boss.
 

3 comments:

Anonymous said...

During the first Bush recession and later depression I lost money on my conventional inveastments, IRA's, mutual funds, and savings. I lost 40% of the equity on my residence. My Aunt Hellen gave me savings bonds that average 6% per year which lost no principle and earned interest during the 8 years of the Bush Administration. Although the conventional investments recovered the principle I lost the average 8% income compounded during those years. Fidelity Investments did a study and found a substantal difference in Republican and Democratic administrations where the Democrats led the way. The best thing was the entire population benefited along with investors. The investment company however did not recomend their customers vote Democratic in the concluding comments. I wonder why?

Anonymous said...

During the first Bush recession and later depression I lost money on my conventional inveastments, IRA's, mutual funds, and savings. I lost 40% of the equity on my residence. My Aunt Hellen gave me savings bonds that average 6% per year which lost no principle and earned interest during the 8 years of the Bush Administration. Although the conventional investments recovered the principle I lost the average 8% income compounded during those years. Fidelity Investments did a study and found a substantal difference in Republican and Democratic administrations where the Democrats led the way. The best thing was the entire population benefited along with investors. The investment company however did not recomend their customers vote Democratic in the concluding comments. I wonder why?

Anonymous said...

So it begins, the Wall Street drum beat telling us the bull market will go on for years so buy stocks while you still can. It's a sure sign the stock market is headed for a major downturn, because the only way they can lock in their profits is to have some sucker buy the stock before it falls.