Dona Ferentes
Pengurus pengatur
- Joined
- 11 January 2016
- Posts
- 16,362
- Reactions
- 22,341
Economics 101: People respond to incentives
Economics 101: People respond to incentivesYes, it seems like every third person has an issue these days. Everyone complains and whines about everything, and then wonder why they have mental and health issues.
As someone who professes to drive a Tesla, I would suggest that you have been less affected financially as compared to so many others not so well off as yourself.Yes, it seems like every third person has an issue these days. Everyone complains and whines about everything, and then wonder why they have mental and health issues.
As someone who professes to drive a Tesla, I would suggest that you have been less affected financially as compared to so many others not so well off as yourself.
There are people who inhabit the bottom 50% of the the income pile whose lives have been shattered, not so much by the pandemic, but by the plethora of over the top regulations and rules imposed by the elites. And the elites never seem to understand why the subjects are not grateful.
Mick
You said on this forum that you drive a Tesla, I took your word for it.You Know What They Say, “When You Assume, You Make An …”
You have no idea about my life, other than I "professes to drive a Tesla"
Most of the whining is coming from these pages, from people that 'profess' to be great investors
You said on this forum that you drive a Tesla, I took your word for it.
You don't drive a Tesla and live in the bottom half of the income pile.
Mick
I never mentioned anything about your age or your life circumstances.Yes and that was all I said. From that you have assumed my wealth, age, and life circumstances during the period of my time on this planet.
“When You Assume, You Make An …”
I made an assumption on your wealth given you said drive a Tesla.
Mick
Haha, John, what a classic! I'm having mental issues but I'm not worried about inflation. How's that, and how did that work?Yes, it seems like every third person has an issue these days. Everyone complains and whines about everything, and then wonder why they have mental and health issues.
effective medications , perhapsHaha, John, what a classic! I'm having mental issues but I'm not worried about inflation. How's that, and how did that work?
Your second sentence hits a note with me, div. I've been prepared for the market to retrace but not inflation..........inflation is the least of my problems....my issues is not having enough faith in the stocks I choose..........too much fear is just as harmful to my mental well being I've discovered.......my mind is willing, but at the same time, it's also playing games with meeffective medications , perhaps
or maybe you have been so worried previously that you have prepared soundly , after all this inflation has been a consequence of the GFC bail-outs ( with no actual remedies applied ) it was always coming due , eventually
a healthy amount of caution is useful as well . i NORMALLY prefer to nibble rather than 'back up to truck 'my issues is not having enough faith in the stocks I choose
And the elites never seem to understand why the subjects are not grateful.
There are good opportunites in times of volatility, divs, if we can find the stocks in a tradeable zone for a profit. Takes a lot of resolve and hard work to make it happen, also, not forgetting faith in one's judgement/ assessment of that stock. The most difficult thing for me is how to stay on course and have the faith, and get the most out of it. Was reading Skate's post today; resonates with me but I need to find a solution to have that 'faith' in myself to trade well. (I have somewhat fallen off the bandwagon lately, spent too much time at work on another site)i remember the 1970's very well ( i wasn't abusing substances/herbs like many of my associates back then )
but the retrace AND inflation can co-exist , HOWEVER that is not totally bad for the agile investor ( between 2011 and 2016 i was having a ball with corporate debt/hybrids , not actually junk but companies with higher perceived risk , many were 'blue chips but NOT the big 4 banks )
a healthy amount of caution is useful as well . i NORMALLY prefer to nibble rather than 'back up to truck '
the market is awash with over-valued/under-performing stocks and ALL investing entails risk , otherwise they wouldn't pay interest/divs to 'borrow your money '
finding the balance between greed and fear is the true art of investing ( the risk v. reward ratio )
if all else fails do what i , do resort to , .... your trusty calculator ( SOMETIMES the math is just compelling )
i don't have faith to trade , but i CAN see opportunities stock ZYX has the potential to be a solid company ( maybe even grow a bit )There are good opportunites in times of volatility, divs, if we can find the stocks in a tradeable zone for a profit. Takes a lot of resolve and hard work to make it happen, also, not forgetting faith in one's judgement/ assessment of that stock. The most difficult thing for me is how to stay on course and have the faith, and get the most out of it. Was reading Skate's post today; resonates with me but I need to find a solution to have that 'faith' in myself to trade well. (I have somewhat fallen off the bandwagon lately, spent too much time at work on another site)
to translate that into redneck ...... jobs are going to disappearThis adds some light on a lot of the issues floating on this thread -
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?