Stock market to reach 20 k

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  • Otters27
    BARRELED IN @ SBR!
    • 07-14-07
    • 30760

    #1
    Stock market to reach 20 k
    What is happening? The rich are getting richer.
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    how many poor people you know in the Markets ?
    Comment
    • triplecrown333
      SBR MVP
      • 07-13-14
      • 1524

      #3
      its been like that forever , unless you are in india right now...
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Donald trump
        Comment
        • RockBottom
          SBR MVP
          • 12-03-08
          • 1448

          #5
          It's not just the rich in the stock market.
          Comment
          • Otters27
            BARRELED IN @ SBR!
            • 07-14-07
            • 30760

            #6
            Originally posted by Sam Odom
            how many poor people you know in the Markets ?
            I am somewhat poor but make some coin pre election. Now ot sure what to buy. May have missed the boat. Probably going to try and gamble with sports instead
            Comment
            • IAG
              SBR Sharp
              • 12-05-12
              • 410

              #7
              Originally posted by Otters27
              I am somewhat poor but make some coin pre election. Now ot sure what to buy. May have missed the boat. Probably going to try and gamble with sports instead

              I am trying my hand at PTP lending ala Prosper/Lending Club. Sure beats cash sitting in a money market at 1%. Diversify enough with small increment loans and looks like you can earn a decent return.
              Comment
              • triplecrown333
                SBR MVP
                • 07-13-14
                • 1524

                #8
                Originally posted by IAG
                I am trying my hand at PTP lending ala Prosper/Lending Club. Sure beats cash sitting in a money market at 1%. Diversify enough with small increment loans and looks like you can earn a decent return.
                sounds interesting, may i ask who eats the default? thats the part i am not clear on, thanks...
                Comment
                • Otters27
                  BARRELED IN @ SBR!
                  • 07-14-07
                  • 30760

                  #9
                  Just curious if and when this thing is going to crash
                  Comment
                  • Sam Odom
                    SBR Aristocracy
                    • 10-30-05
                    • 58063

                    #10
                    Originally posted by Otters27

                    Just curious if and when this thing is going to crash




                    if any of us with real money knew that... we would make the Forbes List
                    Comment
                    • newguy
                      SBR Hall of Famer
                      • 12-27-09
                      • 6100

                      #11
                      Originally posted by triplecrown333
                      sounds interesting, may i ask who eats the default? thats the part i am not clear on, thanks...
                      You do as lender. I've been doing lending club for a few years. Did a portfolio where I was uber conservative and made a decent return. My second one was more aggressive and not surprisingly my returns have dropped. In theory if everyone pays you get better returns but my more aggressive (loans to c+d grade requests) hasn't done well last few months. More people defaulting or missing payments.
                      Comment
                      • chico2663
                        BARRELED IN @ SBR!
                        • 09-02-10
                        • 36915

                        #12
                        Originally posted by newguy
                        You do as lender. I've been doing lending club for a few years. Did a portfolio where I was uber conservative and made a decent return. My second one was more aggressive and not surprisingly my returns have dropped. In theory if everyone pays you get better returns but my more aggressive (loans to c+d grade requests) hasn't done well last few months. More people defaulting or missing payments.
                        Take me off that mailing list.
                        Comment
                        • chico2663
                          BARRELED IN @ SBR!
                          • 09-02-10
                          • 36915

                          #13
                          Originally posted by Otters27
                          I am somewhat poor but make some coin pre election. Now ot sure what to buy. May have missed the boat. Probably going to try and gamble with sports instead
                          Flip some sdrl
                          Comment
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