Why if a guy invests in the stock market right now is he not called a sick addicted gambler that needs GA meetings and congress called in to ban investing when the market is this bad, unless you are investing in sweet crude you are losing more each day. I'll take my chances sports gambling versus investing any day given the current market, hell every stock is in the red every single day, you're a sucker if you've got any money in that horse shit. Honestly, I think ppl just invest in the market b/c they heard some guy made a billion dollars at it and all this, hell invest in the lottery ppl make 300 million every couple of weeks at it, the stock market is a fukin joke.
-
-
I think investing is a losing prop right now. I think the guys that are in the top 15 percent at doing it are still cleaning up. The mediocre are getting killed. I do think that trading currency can be good right now.Comment -
most sports bettors lose because they dont play to win they play for action. you should not be betting everyday if u want to win long term. u should only bet with a huge edge and almost certainty of winning the bet. ex: yankees tonight. i'd say 8-14 bets per month would be the avg u should be betting. you should not ever be betting bad teams EVER. (royals nats teams like this are losing long term propositions) and u should not be betting against good teams. ie (yanks,sox,cubs,angels) PICK YOUR SPOTS. DONT BET JUST TO BET. LOOK AT THE LINES IF U DONT LIKE ANYTHING ON THE CARD, YOU SHOULD NOT BE BETTING IT. I WOULD SUGGEST ONLY BETTING 1 GAME PER DAY. PICK THE GAME WITH THE BIGGEST EDGE ON IT AND TAKE IT BUT DONT BET EVERYDAY BET TO WIN YOU FUKKS.Comment -
Investing is essentialy owning something. Gambling is action. Sure there is money to be made in both, but you can always pull your money out of an investment. A bet is made and you see it to the end good or bad.Comment -
Both definitely have their risks, if you're into sports more just try to look at it as more of an investment, might help your results out over the long haul subconciously.Comment -
The same principles apply in both games. The only thing that determines if the stock market is better than sports investing, or vice versa, is one's edge. Obviously, red numbers don't mean people aren't making profits. You can bet on a stock to go down (but you knew that).Originally posted by bettilimbroke999
One advantage in the stock market is that you're live betting the whole way, and that you can set the duration of the game. There are risks of corrupt elements in both games. Studying investors like Buffett and Soros will help your sports betting, and knowledge of sports betting will help your stock selections.Comment -
Sportsbetting is not even close to investing, don't compare the two and try to justify when you bet sports your on the same level as a stock trader.Comment -
Yes you can bet on stock to go up or down, but you don't know it's going up or down until after the fact. The low level of information the average investor has available to him is a fukin joke, hell if Joe Blow had a formula to accurately predict the market he could sell it for billions to the top brokerages which have lost a fortune recently. You are up against billionaire insider trading brokerage firms that are writing off billions each month and with 1% of the knowledge and experience they have ppl log on to scottrade or whatever horseshit overpriced trading site they are on and think they can beat the market. If you are going to invest in the stock market just put your money in a CD and you'll outperform the top brokerages by a mile for the last couple years.Comment -
I think you got the wrong idea about the stock market. It is the ultimate capitalist place for hype. You can bet both sides and lately ( or should I say this year so far) I have been short selling ( selling the stock before I buy it, or betting that the stock will go down). All you have to do is handicapp a stock almost like you would handicapp a football game. I use charts to do this and I don't always win but if you do the homework you can actually make more money when the market goes down than when the market goes up.Originally posted by bettilimbroke999Comment -
Long term stock investing over any 20 year period has done better than than any asset class.Originally posted by bettilimbroke999
If you specialize and know what you are doing money can be made short term - the safe money however is made over the long term.
Its a marathon not a sprint.
Do you think the financial, credit, and mortgage crisis will last forever? Of course not - sectors go in cycles. All these are in the tank now, but if you look at brokers/financials like GS, C, or BAC,for example, 5-10 years from now you will probably look back and say - man, wish I had put some money in these stocks back in 2008 when they were in the tank....Comment -
Stock market is a sucker bet, market is way too unpredictable right now and the small amount of info the private investor receives to handicap them is ridiculous. If there were a sound way for Joe Blow to make money investing they could just program that analysis into a computer program and analyze every stock that way and guarantee profits. Guys on here are typical stock investors, every one of em thinks they can outsmart billionaire investors and top brokerages, if you don't think investing in the stock market is comparable to sports gambling then the owners of Bear Stearns need a refund on their losses, including Joe Lewis who lost $1.16 billion. But clearly Joe Schmo investor can outsmart all the top brokerages and billionaires and turn an easy profit with 1/100th the information they receive, b/c of his handicapping of the stock
. GL guys, hope your bets, er investments, do well 
Comment -
The stock market over any 20 year period has outperformed every other asset class.
How many people can say that their record over 20 years of sports betting has been profitable - few.
There are comparisons, but many differences as well.
People also need to understand the differences between a trade and an investment.Comment -
Could not agree anymore with JJ here.
Always cracks me up to read 'sports investing', it's a bunch of BS.
It's gambling, it's action. Let's get real here. Lots of long term, lifetime losers (like me) here.Comment -
I am not saying sports gambling is investing, I'm saying investing in the stock market right now is gambling, so why is there not an IA (Investors Anonymous)meeting, Congressional hearings, etc. to ban it since every1 is losing their shirt, at least sports gambling you have a chance and don't get charged 10 bucks everytime you place a bet and 10 more after you win/lose the bet.Comment -
You should buy a stock to hold on to it for over a year. Capital gains taxes will eat your earnings up (if you have any) if you buy and sell frequently.
Most investors understand this and thus they buy and hold for a long time. There is no action rush for buying and holding. Thus the average investor is not addicted to stock trading. Then there are the day traders. 90+% of these guys lose money over the long term. I saw this on 60 minutes or something. I remember the percentage of losing day traders was over 90%, an average taken from many studies. I think it might have actually been 99%.
The principles of investing are not made for short term anyway. Analyzing a company's ratios and how they compare to industry averages is there for long term analysis of a company. There is no telling what a stock is going to do short term because idiots will trade their GM shares because there is a blizzard in Siberia. However if GM is fundamentally sound with good management and at a good price you should buy and hold over the long term and you will profit.Comment -
Investing for the next 20-30 years is the best gamble(least risk) out there.Originally posted by bettilimbroke999
Banning the stock market? Do you understand the financial system in this country at all?
Where do you keep your savings, retirement money - a shoe box?Comment -
There's money to be made at anything. There's plenty to be made in the market right now. You would have to have the ability to short most things right now in order to make that money. Personally I don't see much of a difference between the markets and gambling. You can profit huge or get burnt bad on either one. The biggest difference is the stigma attached to betting.Comment -
Absolutely, ppl gamble by investing in stocks which pay dividends far less than they would pay to creditors in interest and to prevent their company from going in to debt which jeopardizes the future of the company, in return the investors get shit dividends that make up simply for loss due to time value of money and lose money based on solid company's stocks essentially equaling a bond payment calculation. The only way to make any real profit is to take a chance on a shaky stock at the outset which is high risk just like gambling. Slick you clearly have no clue what you're talking about and are sucked in to the idea that the stock market is a way for the common man to reap rewards, you are dead wrong. Take a look at this chart of the S&P 500 for the last 8 years, the index is made up of the 500 of the largest corporations traded on the NYSE and NASDAQ, you couldn't trade in more solid companies if you tried and this is the results you would've gotten less the huge fees your broker would have charged your account in the meantime, looks similar to a gambler's years doesn't it, every year's loss cancelled by another year's gain and vice versa. You are lead to believe that a 10% return per year is possible in the stock market and you are DEAD FUKING WRONG SLICK, hate to tell ya bro but you'll be very lucky to average 4% returns in the past decade and could've locked in that percentage had you just put it in a CD 10 yrs ago, so why risk your money hoping to breakeven, b/c you are a degenerate gambler whether it be sports or the stock market. I am done with this thread as I can see you degenerates will never see the light until your scottrade account reads half of what you started with and the dollar is worth half what it was when you opened the account, gl to all stock investors, you'll need it.Originally posted by SlickFazzer
S&P 500 index 2000-2007 (total returns assumes reinvested dividends)
2000 -9.11
2001 -11.89
2002 -22.10
2003 28.68
2004 10.88
2005 4.91
2006 15.80
2007 5.49Comment -
False.you should not be betting everyday if u want to win long term.
I typically have between 300 and 500 bets a month, depending on how busy I am with other things.i'd say 8-14 bets per month would be the avg u should be betting.Comment -
Bett: The statistics you mention are over the course of less than a decade.Originally posted by bettilimbroke999
The fact is, and as I have stated earlier, is that the stock market has outperformed every other asset class over any 20 year period.
20-30 years ago brokers fees were much higher, stocks today can be bought for $4.95 a trade.
I'm sorry you feel that I have no clue as to what I am talking about. And as far as you saying that I am a degenerate gambler - you have no clue who I am, or what I do.
Bett: The S&P on June 26, 1988 (20 yrs ago) was 273.78 - Today it closed at 1283.15.
So 20 years ago if you put your $1000 a month into a fund that tracks the S&P - you are doing very well. How can you dispute this math?
S&P Chart
Lets revisit this thread in 20 years.Comment -
Anyone can make a profit from a bull market. Blind Fredy even does. The true pros prefer fluctuating markets to gain the most this true for Forex, Shares, and for us sportsbetting.Comment -
First off who can afford to lockup their money for 20 years, if I told you I've got an idea that might payoff in 2029 would you tie up your money in that shit? I mean if you got that much disposable income who gives a shit if you turn a profit or not, rest of us have bills to pay. Second every poster on this forum including you is a degenerate gambler, SBR should change the name to degenerategambler.com to avoid further confusion. We got too many guys thinking they are Warren Buffet on here and making retirement plans and shit, this is a degenerate site to exchange info on gambling, we aren't progressing society here, just posting frequently on this site proves you are a degenerate and investing in the stock market proves you're a gambler. Also, the next 11 1/2 yrs is gonna have to pick way up to keep your 20 yr performance trend for the S&P index going, cuz it aint done shit this decade.Originally posted by SlickFazzerComment -
I think you and I were on the wrong page from the start Bett. I look at markets more as a long term investment vehicle to create income for retirement etc., 30 years down the road.Originally posted by bettilimbroke999
As it sounds, you are talking more about day trading, and swing trading - which yes, can be very dangerous, as is gambling, if you don't know what your are doing.
All right, i'm done talking markets.
Good luck tonight bro
Comment -
30 yrs down the road , odds are 50/50 we won't even be around in 30 yrs to see if that investment panned out, but gl2u. Man when you say long-term investing you aint kidding, guess your investing for your kids future or to live in a nicer nursing home.
Comment -
Slick's nurse in the year 2050...
My nurse in the year 2050...
Comment -
Thats good sheeeeiiit
Comment
