Author Topic: What in your opinion are the best companies to invest in?  (Read 3343 times)

redblaze57

PRO Supporter

Re: What in your opinion are the best companies to invest in?
« Reply #15 on: February 19, 2020, 07:06:21 pm »
Tell yo what give me... .25 of a bitcoin, 500 Ethereum, and... let's say $10 worth of dogecoin and not only will I tell you what companies to invest in I will guarantee you that your investment will increase x10 in the first minute. In fact I am so confident in this offer I will throw in my surefire way of getting an extra TWO INCHES out of your (and/or partner's who am I to judge) pecker. BUT WAIT THERE'S MORE, call within  the next 10 seconds and I will double everything. THAT'S RIGHT x20 ithe return n the first minute of your investment and 4 inches to your twinkie so CALL NOW!!!


*S&H not included*

Re: What in your opinion are the best companies to invest in?
« Reply #16 on: February 19, 2020, 07:10:09 pm »
Jesus, SHUT UP!


This is a video game forum, not an investing/finance forum. Do you even give a shit about video games? I'm completely serious.


It seems like your interest in video games involves how much they cost or how they can be used as investment tools, and little else. Mods, please for the love of god ban Seether for good. He contributes almost nothing of value to this forum and never will.

This is the ‘off topic’ section, so yes, the topic isn’t about video games.

There are other things in life you know.


As I said, most of your topics are about investing, money, or finance. And when you do bring up video games it often relates to one of these topics. And as several have pointed out, you've done this same thread before and very similar threads to this. I look forward to the day the mods boot you from this site. It's a complete mystery to me why they haven't yet.

friends in high places I'm assuming. I coun't even joke about @seether without those posts getting erased I but I don't care let @seether do whatever it don't hurt anyone, just don't reply to those threads :-\

Whatever @seether post I don't let it get to me, because this is not my forum and I rather have a person like @Seether posting than this other guy that might have got my account roasted on retro collect
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Re: What in your opinion are the best companies to invest in?
« Reply #17 on: February 19, 2020, 10:05:36 pm »
Jesus, SHUT UP!


This is a video game forum, not an investing/finance forum. Do you even give a shit about video games? I'm completely serious.


It seems like your interest in video games involves how much they cost or how they can be used as investment tools, and little else. Mods, please for the love of god ban Seether for good. He contributes almost nothing of value to this forum and never will.

This is the ‘off topic’ section, so yes, the topic isn’t about video games.

There are other things in life you know.


As I said, most of your topics are about investing, money, or finance. And when you do bring up video games it often relates to one of these topics. And as several have pointed out, you've done this same thread before and very similar threads to this. I look forward to the day the mods boot you from this site. It's a complete mystery to me why they haven't yet.

friends in high places I'm assuming. I coun't even joke about @seether without those posts getting erased I but I don't care let @seether do whatever it don't hurt anyone, just don't reply to those threads :-\

Whatever @seether post I don't let it get to me, because this is not my forum and I rather have a person like @Seether posting than this other guy that might have got my account roasted on retro collect


He is a troll. He is literally the only person I have a problem with on this site. We've had trolls and bad apples on this website before and the mods dealt with them swiftly. Seether on the other hand has had chance, after chance, after chance to come back, and he still posts the same pointless rerun threads and the mods just shrug their shoulders. Makes me wonder what sort of sob story he gave them, or why they just haven't permabanned him years ago.

tpugmire

Re: What in your opinion are the best companies to invest in?
« Reply #18 on: February 21, 2020, 07:58:35 am »
I don’t really want to get into it here since this isn’t the place, but I assure you there’s no “friends in high places” thing going on, nor have I personally gotten a “sob story”.  We are aware and have been monitoring things. The point still stands though, this is the off topic forum, so it’s allowed... for now.

EDIT:
And for the record, the original post that everyone keeps referencing shouldn’t have been closed either.
« Last Edit: February 21, 2020, 12:33:59 pm by tpugmire »
This message was brought to you by Tootsie Rolls, the official candy of vgcollect.com

Re: What in your opinion are the best companies to invest in?
« Reply #19 on: February 21, 2020, 09:53:33 am »
I wouldn't call myself a fiscally responsible person, but I chat about finances a lot with folks and the best advice I've heard in general is if you've got extra money and you're looking to "invest" it for your future, the first thing you should be doing is setting up and contributing to an IRA.  Set yourself up a Roth IRA and contribute your max ($6k/year usually).  Good thing to do is set that IRA up with an index fund with a target year of when you plan to retire (2045, 2055, 2065, etc).  Index funds are a relatively safe place to earn money for retirement, but it's also good to diversify and put those funds into different things.

I know a lot of folks who work in places that don't have pensions or 401(k) plans or the like, and I try to tell them you should be trying to put some money into an IRA because social security only covers at best 40% of life expenses after you retire, you need something else or you're gonna be working when you're 80.  And even if you've got a 401(k) or a pension, it might not be enough, so consider other options as well.  Plus the more things you've got earning you money, the earlier you can retire.  And if you do work somewhere with a 401(k) don't sleep on that, especially if your company does matching, if they do matching take full advantage of that minimally... most folks suggestions are contribute 15% of your income.  If your company only matches 5%, minimally put in 5%.  Since your company only matches up to that amount, anything over that amount is entirely you, so you could do 5% through your 401k on an index fund and then set up a separate IRA and contribute whenever you've got extra money.

Another thing is the differences between traditional IRAs and Roth IRAs.  Roth IRAs are paid after taxes, so when you take it out down the line you aren't taxed when taking the money out.  Traditional IRAs you don't pay taxes on the contributions, but you pay the taxes when you take it out.  A lot of folks look at that and just blanket state that do Roth IRA because taxes will only go up, but something to consider is that if you are making so much money that you move into a higher tax bracket, you're taxed higher, but if you contribute to a traditional IRA it can lower you back down to a lower tax bracket saving you money when it comes to doing your income taxes.

Someone feel free to correct me if I'm wrong on any of this.


tripredacus

Re: What in your opinion are the best companies to invest in?
« Reply #20 on: February 21, 2020, 10:25:09 am »
I pay someone to figure this out for me. I already have too many hobbies as it is.

sworddude

Re: What in your opinion are the best companies to invest in?
« Reply #21 on: February 21, 2020, 11:52:36 am »
I pay someone to figure this out for me. I already have too many hobbies as it is.

paying someone for advice isn't that great.

On average these people give below average results if it is profitable and you also have to pay for their services.

Not to mention famous sports celebrities who paid a so called financial expert only for them to lose say 30 million dollars.

Take their advice with a grain of salt and rather try to educate yourselves to understand the financial world for the good and bad decisions and how things work in general. Hiring people while you have little knowledge is a big mistake for beginners many celebrities lost their fortunes thanks to that since they had little knowledge about anything financial. Only hire people if you also have some excellent knowledge already if you really need it that badly for a 2nd opinion.
« Last Edit: February 21, 2020, 11:55:37 am by sworddude »
Your Stylish Sword Master!



tripredacus

Re: What in your opinion are the best companies to invest in?
« Reply #22 on: February 21, 2020, 12:06:34 pm »
Not paying for advice, for portfolio management.