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03-16-2022, 01:59 PM | #12601 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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03-16-2022, 02:03 PM | #12602 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $844127
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Hell of a session today. Almost too good.
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Posts: 130,049
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03-16-2022, 02:06 PM | #12603 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $338244
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Puts on any techs+5% today if yous a real one
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Posts: 35,530
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03-16-2022, 02:08 PM | #12604 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $844127
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Most people can't outperform the market most of the time.
I read a book that went back and quantified all the expert predictions, etc., and it was like an 80% fail rate. I mean unless you do a shit ton of research and understand what you are actually reading, and then concentrate your holdings and then hold them for a long period of time, then I agree, index funds and ETFs. |
Posts: 130,049
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03-16-2022, 03:34 PM | #12605 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-18100
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Posts: 46,146
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03-16-2022, 03:42 PM | #12606 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-119523
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If only the stock pickers were members of CP
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Posts: 40,651
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03-16-2022, 03:54 PM | #12607 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-141532
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Quote:
Which leads to the second problem, if you're actually consistently good then money will pour in. To continue your strategy, you may need to limit incoming money by closing your fund to new investors or even money from existing investors. That kind of goes against making more money though which most people and businesses want. I think the first active mgmt. Vanguard Primecap fund doubled the S&P 500 by it's 30 year anniversary. Can't get into them as new investors though |
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Posts: 6,456
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03-16-2022, 08:34 PM | #12608 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
They seemed to be buying new cash-flowing properties every few weeks. |
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Posts: 43,200
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03-16-2022, 09:10 PM | #12609 | |
Colorado Chief Fan
Join Date: Feb 2006
Casino cash: $6023147
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Quote:
Wont the housing/real estate market take a hit with rising interest rates? Inflation would also effect buying power in a negative manner. It sounds good at first glance but I definitely have some questions. 2021 was an exceptionally good year for this kind of thing but big changes are on the way. Does that concern you? |
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03-17-2022, 06:52 AM | #12610 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $844127
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This wasn't a success rate of beating the market. This was things like economic forecasts, market forecasts, etc. And all the experts, the ones that get on tv every day and tell us what the market is going to do and what the economy is going to do are wrong the vast majority of the time.
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Posts: 130,049
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03-17-2022, 06:52 AM | #12611 |
Supporter
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Location: Olathe, Ks
Casino cash: $844127
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Posts: 130,049
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1 0 |
03-17-2022, 07:11 AM | #12612 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $821110
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Quote:
I really was looking hard at Alibaba but was afraid the Russia sanctions might spillover to China and they were making a lot of bad moves up until a day or two ago.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-17-2022, 07:06 PM | #12613 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
Interest hike will eventually hurt buyers- but I don't think it will hurt their funds. They are adding new property portfolios every few weeks. They also have loans they have made on properties that pay a straight income stream. If you need instant liquidity- then this probably would not work for you. It takes a while to cash out. Here are the fees. What are Fundrise’s fees? Account fees We charge 0.15% in annual advisory fees for managing your account through our online platform. We do not charge any transaction fees, sales commissions or additional fees for enabling features on your account, such as dividend reinvestment or auto-invest. There may be costs associated with redeeming depending on when the request is made. Fund fees We charge 0.85% in annual management fees for managing the real estate funds (eREITs/eFund) that make up a Fundrise portfolio. In addition, we could potentially charge other fees, such as development or liquidation fees, for our work on a specific project. Dividends earned are net of any fund fees. To learn more about fees at Fundrise, read our full blog post. |
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Posts: 43,200
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03-17-2022, 07:14 PM | #12614 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
I had 1 sign-up off FB so I received 90 days without fees. They have purchased 3 new properties portfolios since I have been on. It is pretty interesting seeing the progress and returns on all of their investments. I have a stock account, and other accounts- but was looking for REIT's and found this. So far so good. Not a get rich quick like Bitcoin-lol BTW- my COIN account has been total shit- LOL I wish I would have put it all into Fundrise instead. |
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Posts: 43,200
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03-18-2022, 07:58 AM | #12615 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $844127
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Triple Witching today....should be exciting
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Posts: 130,049
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