1. #1
    Otters27
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    Stock market to reach 20 k

    What is happening? The rich are getting richer.
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  2. #2
    Sam Odom
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    how many poor people you know in the Markets ?

  3. #3
    triplecrown333
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    its been like that forever , unless you are in india right now...

  4. #4
    jjgold
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    Donald trump

  5. #5
    RockBottom
    .
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    It's not just the rich in the stock market.

  6. #6
    Otters27
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    Quote Originally Posted by Sam Odom View Post
    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
    Last edited by Otters27; 12-13-16 at 01:23 PM.

  7. #7
    IAG
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    Quote Originally Posted by Otters27 View Post
    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.

  8. #8
    triplecrown333
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    Quote Originally Posted by IAG View Post
    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...

  9. #9
    Otters27
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    Just curious if and when this thing is going to crash

  10. #10
    Sam Odom
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    Quote Originally Posted by Otters27 View Post

    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

  11. #11
    newguy
    [Too Long]
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    Quote Originally Posted by triplecrown333 View Post
    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.

  12. #12
    chico2663
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    Quote Originally Posted by newguy View Post
    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.

  13. #13
    chico2663
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    Quote Originally Posted by Otters27 View Post
    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

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