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|    sci.physics    |    Physical laws, properties, etc.    |    178,769 messages    |
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|    Message 177,205 of 178,769    |
|    Physfitfreak to -hh    |
|    Re: Money Money :-)    |
|    28 Feb 25 12:01:59    |
      XPost: comp.os.linux.advocacy, sci.physics.relativity       From: physfitfreak@gmail.com              On 2/28/25 4:55 AM, -hh wrote:       > On 2/28/25 01:31, Physfitfreak wrote:       >>       >>       >>       >> Nymshifter? I've never been nymshifter in my life. When I change       >> alias, it is because I really have changed. So depending on what my       >> main type of activity has been, every few years my alias also changed       >> accordingly.       >       > "alias" = "PotAto, PoTaTo".       >       >       >> And I've never had more than one alias at the same time.       >       > AFAIC, even an annual change is too rapid to be bothered with.       >       >       >> You're underestimating what an individual can do by himself in the       >> world of stocks and cryptos.       >       > No, I'm merely recognizing that the difference in effort to decrease the       > gambling risk is quite nonlinear; with the ROI being unfavorable, I       > choose to not play that game.       >       >> Also, you have a ton of money in your mind when you think and speak of       >> it, large enough to make you really concerned. So I understand why       >> you leave it to experts to handle such sums.       >       > I think you've misunderstood what I was saying with the experts: their       > performance track records aren't any better than passive, and since they       > cost more, they have an inferior ROI. This is why ~half the individual       > investor market today has changed from active to passive.       >       >> My world of trading is a microcosm of what experts are doing. It is a       >> baby game compared to those who play with hundreds of thousands of       >> dollars and higher.       >       > The raw dollars largely doesn't matter; it is if you're achieving one's       > goals or not - along with the insight of how much work is it taking you,       > to see if its worth the effort. If its gambling for entertainment,       > that's fine so long as entertainment is your goal and you're willing to       > pay for it at up to the "100% loss" level.       >       >> Also, presence of experts in the field, or volume of their activities       >> doesn't mean that they are necessarily competing with you. They can't       >> play god, they can't control you down to your baby game if you know       >> what you're doing. There are ample opportunities for an individual to       >> make a few extra thousand dollars a year without even be felt by the       >> big guys.       >       > You'd be surprised. I think I've mentioned a friend who's tinkered with       > a momentum-based decision tool; their conclusion is that roughly ~1/3rd       > of a price is from manipulation.       >       >> This isn't about suddenly making a ton of money, which can happen but       >> one cannot rely on such strategies. It is about steadily making a       >> little sum of money for "silly" expenses as I described. Especially       >> during retirement.       >       > That can also depend on what sum is required for "silly", along with       > what one's risk tolerance is for gambling. Buying a lottery ticket can       > have just as much upside potential, but at a lower level of effort. Or       > to have sufficient margin such that 'silly' expenses are noise.       >       >       >> Try it if you like. Make a Robinhood account and put, say, $5k in it       >> and try to turn it into $10k in one year. You'll have a lot of fun       >> ahead of you :)       > Oh, I dabble in my 'gambling' set-aside. Had a 100% loss a few years       > ago on one pick, but well enough on a few others. Current speculation       > is up roughly +300% in less than a year. But point is that I know that       > its dabbling, and not necessary for my well-being or happiness.       >       >       > -hh                     Hmm.. I don't know what you exactly mean by, "alias" = "PotAto, PoTaTo".       Did someone with alias "PotAto" pretended to be Physfitfreak? If so,       you've been victim of immature pranksters like "DFS" or that "Sausage up       wrestlers' ass" guy or Relf. Any "engineer" type bozo included. So many       of them morons tucked inside COLA.              The aliases I use aren't even true aliases. They are _descriptions_ of       me. And they have changed every 5 or 6 years, cause it takes that long       for me (and other Modern Humans) to essentially become someone else.              When I was deep into studying biology, I was "biofreak" here. When I was       deeply into the world of Excel, I was "Excelfreak" here. etc and etc.              Are you DRUNK when you reply to my posts? Why do I have to repeat myself       every time we communicate? (I know why - this is not a question I need       an answer for)              This "gambling" thing... Ok. Education time. I think prudent stock and       crypto trading is not gambling. I think long term investments in such       fields are more like gambling! Hehe :) I'm not kidding.              Yes, it's not like real estate. Far less can happen negatively to a       piece of land than to your long term investments. In USA of course long       term investments are safer than in other countries. This system here is       located too far (geographically) from what's going on in the world.              Gambling is like crossing the street with your eyes closed and ears       plugged. You'd do it either fast or slowly. That's as much control there       is that you can have. A Russian roulette.              But trading of stocks and crypto by yourself is like crossing the street       the way people who manage it all their lives do. Yes, some morons get       killed by crossing the street but that doesn't mean you cannot cross the       street safely all by yourself.              Can I conclude, then, that you're chicken? :)              --- SoupGate-DOS v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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