Political discussions about everything
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By RealJustme
#122909
I've been advising for years that gold should be a part of most people's portfolio, do you hear me now?
By johnforbes
#122916
How is anything doing this week given the exogenous shock of coronavirus?

The Bernie posters I used to line my cardboard box did not keep out all of the wind this afternoon, so I consulted Liz Warren on wigwam building and erected one of those around the cardboard box.

This created a dead air mass which made it warmer.

Speaking of dead air, did everybody notice that Bloomberg confessed to spending about 180 million to buy congressional seats in 2018?
By sillydaddy
#122920
Cold there, eh?
It's sunny and in the high 60s here in Central Texas
The Indian Princess just arrived in San Antonio and Castro is out there showing her the city and kissing her ass..!
He thinks she is going to name him VP candidate. But he's a loser....and she knows it...! :laugh: :laugh: :laugh:
User avatar
By RealJustme
#122922
How's that Fluor doing?
I sold it a nice profit, my gold is also do VERY well, got gold? :D
By johnforbes
#122927
Elkin's 401 is now a 201.

However, inasmuch as Elkin is a compassionate liberal, he will soon offer me money to help me through this crisis.
User avatar
By RealJustme
#122932
"The first responding Officer said it appeared to him to be a very preciously staged homicide..."-RealTool
Thanks to my gold holdings and other wise investments, much better than most people's 401ks. In fact today I snapped up some stocks that are artificially low due to this coronavirus scare. There are some great buys out there.
By Clownkicker
#122934
^^^^^^^ Now RealTool is so confused he's regurgitating his own made up stupid shit about some "first responding Officer" as if it is somehow relevant to gold prices.

A wasted brain is a terrible thing. That dimwit is actually making investment decisions based on his own lies. :clown:
By Clownkicker
#122937
"Thanks to my gold holdings and other wise investments, much better than most people's 401ks."-RealTool

RealTool apparently hasn't noticed that his "gold holdings" just dropped nearly 5% in the last ten hours.
By johnforbes
#122938
It is windy and fairly cold, 32 F, this afternoon.

Fortunately, layering Bernie Sanders posters properly will seal out drafts.

Given the enormous compassion of Clownslacker and Elkin for the downtrodden, I'm confident they will be sending me cash on a regular basis.

My new address is: 1 Rive.sta Lane, Stratford-upon-Avon, UK
By elklindo69
#122948
RealJustme wrote: Thu Feb 27, 2020 8:35 pm
How's that Fluor doing?
I sold it a nice profit, my gold is also do VERY well, got gold? :D
Your tax writeoff doesn't count as a profit.

:D :laugh:
By elklindo69
#122950
I think the Dow Jones has finally realized that Trump is actually trying to be president.
By Clownkicker
#122957
RealTool is too stupid to understand that there are readily available historical records of FLR stock prices that prove the price never went above his buy price, which only proves he lives in a world completely engulfed in made up stupid shit.

I don't think he would recognize reality if it came up to him and kicked him in the balls. He would pronounce that it only proved another "win" for Trump.
User avatar
By RealJustme
#122958
RealTool is too stupid to understand that there are readily available historical records of FLR stock prices that prove the price never went above his buy price
So tell me oh wise one, what did I pay for FLR and what did I sell it for? :P

Got gold?
By Clownkicker
#122962
Tool, you really need to keep records for the IRS. That you haven't got a clue about when you bought and sold the stock and must rely on porn board posters to fill in the blanks in your tax records only shows us what a dishonest scumbag you are.

But just so that everyone else can look at your lying for what it is, you CLAIMED you bought the stock around October 7, 2014 when the share price was about $66. For the next year it nose dived to $42. Then it traded down to $37 in 2017, having never risen above $63 all that time. Then it plummeted to $30 last year. That's probably when you sold.

On November 2, 2014 you were still pushing the stock when you posted "Now I'm telling you Fluor is a good investment, I'm not saying to need to sell everything and move into Fluor but it certainly should be part of your portfolio."

There was no time you could have sold it for more that $66 because it didn't go above $63 at any time after November 2014.

That's how I know you didn't "make a killing" in FLR. You made it up, as you make up all the bullshit you post. It is impossible that you could have made a cent on the stock as the share price history shows.
If you didn't ultimately lose over 50% of your investment it is only because I finally got it through your thick skull that you were a moron to invest in it based on your purely Partisan Hate for Obama.
User avatar
By RealJustme
#122968
I'm not saying to need to sell everything and move into Fluor but it certainly should be part of your portfolio
Clown I would have to disagree with you, there was a time Fluor was an investment opportunity, but that time has passed.
By johnforbes
#122969
Clown, surely you know that share price appreciation is not the only way people make money in stocks?

Divs, cap gains, buybacks, splits, etc...
By elklindo69
#122974
So Justme....it looks like that electronic trail caught up with your bullshit.

:laugh:
By elklindo69
#122975
johnforbes wrote: Sat Feb 29, 2020 1:56 pm Clown, surely you know that share price appreciation is not the only way people make money in stocks?

Divs, cap gains, buybacks, splits, etc...
Johnnie you don't make any money off of splits. When 1 share at $100 splits to 2 shares at $50. Nothing is gained or lost becuase you still have $100.

Cap gains are from share price appreciation.

And dividends and share repurchases are a redistribution of capitial....nothing is lost or gained. Money just doesn't appear out of thin air.

So come back to us when you get a clue.
User avatar
By RealJustme
#122977
Johnnie you don't make any money off of splits. When 1 share at $100 splits to 2 shares at $50. Nothing is gained or lost becuase you still have $100.
Clown, a stock split is an accounting transaction designed to make the market value of shares more affordable to more investors. Get a clue bro!
By elklindo69
#122982
RealJustme wrote: Sat Feb 29, 2020 6:31 pm
Johnnie you don't make any money off of splits. When 1 share at $100 splits to 2 shares at $50. Nothing is gained or lost becuase you still have $100.
Clown, a stock split is an accounting transaction designed to make the market value of shares more affordable to more investors. Get a clue bro!
Stock splits are accounting transactions used to attract dumb money.

I hardly think that Alphabet or Amazon will be splitting their stock anytime soon.
By johnforbes
#122983
Please.

I have enough money in my sofa cushions to surmount Clown's net worth.

My prior comment stands, of course, even if you don't understand it.
By elklindo69
#122987
So Johnnie...now you are like Justme, you think money just appears out of nowhere.

For starters....tell me again how shareholder wealth is generated by using stock splits?

LOL
User avatar
By RealJustme
#122988
So Johnnie...now you are like Justme, you think money just appears out of nowhere.
What makes you think we're democrats?
By johnforbes
#122989
Elkin was one of the dolts who didn't understand that a share of stock represented a claim on future earnings if any, so he'll argue pointlessly about concepts beyond his ken.

If Elkin would go back over my remark above, he would realize it was accurate.
By Clownkicker
#122995
"I've been advising for years that gold should be a part of most people's portfolio, do you hear me now?"-RealTool

I wonder if RealTool has noticed that his gold investment has dropped from $1640/ oz. to $1598/ oz. since he started this thread telling us what a wise investment gold is.

Undoubtedly RealTool will now call his one week loss of 2.5% a "gain" or "a killing".
User avatar
By RealJustme
#123003
Undoubtedly RealTool will now call his one week loss of 2.5% a "gain" or "a killing".
Gold went up almost 19% last year and it's up almost 7% this year already. I've been saying invest in gold since 2016, here's a picture to make it easy for you clown.
Add description
Add description
gold.JPG (53.64 KiB) Viewed 6797 times
By elklindo69
#123006
johnforbes wrote: Sat Feb 29, 2020 1:56 pm Clown, surely you know that share price appreciation is not the only way people make money in stocks?

Divs, cap gains, buybacks, splits, etc...
Still waiting for Johnnie to explain how shareholders make money off of stock splits....
By Clownkicker
#123010
"Clown, surely you know that share price appreciation is not the only way people make money in stocks?
Divs, cap gains, buybacks, splits, etc..."-johnflubs

johnny, surely you know that, except for the dividends you mentioned, ALL those other ways to make money from stocks is through share price appreciation. But they can still also be ways to lose money on stocks.
capital gains--are only realized upon the sale of shares and only exist if the share price has gone up--FLR didn't
buybacks-- may increase share price because of fewer shares available with same demand---MAYBE--price may continue to go down
splits-- lower price per share to increase demand, and thus share price MAY go up or may go down.

But the real bottom line, johnny, is that RealTool didn't make a nickel off his shares in any of those ways. The price started down drastically right after he bought in. The stock didn't split. The company didn't have a buy back that increased the price above his purchase price. Tool had no capital gains on FLR, so why try to make it sound like I'm wrong somehow when RealTool is the one making a fool of himself here. Why don't you ridicule HIM, johnny? You have to know he's a fool.

Put it this way, would you put any of your own money into a mutual fund run by RealTool?

Of course you wouldn't. 'Nuf said.
By johnforbes
#123018
Well, I always read the full statutory prospectus.

With, of course, my hazel green eyes, with their hawk-like acuity.
By johnforbes
#123031
Come on, Clown, surely you realize that you aren't equipped to discuss stocks here?

I'd like nothing better than to convert all political threads into investing ones, but that would compel Clown and Elkin to actually put their thinking caps on.
By Clownkicker
#123033
johnny can't refute a thing I said, so he goes into "smug conservative retard" mode and pretends his inability to refute anything I said indicates that I am somehow the one who doesn't know what I'm talking about.

"Listen to RealTool--buy gold because Trump will make the price go up!"-johnflubs
By Clownkicker
#123037
johnny, explain it to that dimwit, you dishonest partisan weasel.

He's rested his case. Even an incompetent poorly trained lawyer like you should be able to put him away for life.
By johnforbes
#123039
I would like to thank Clown for his description of me as a "dishonest partisan weasel."

That almost charmed me into a response, it was so flattering.
User avatar
By RealJustme
#123044
johnny, explain it to that dimwit, you dishonest partisan weasel.

He's rested his case.
Clown, I rested my case since there is no further evidence needed, to reach the obvious conclusion, that I am spot on!
By elklindo69
#123051
And John Forbes will stop by shortly to explain how shareholder wealth is built off of stock splits....

LOL..............
By johnforbes
#123062
Come on, Clown, you know very well I never said that as the sole reason.

It can be a partial reason, but you and Elkin aren't sufficiently sophisticated to realize how and why.
User avatar
By RealJustme
#123067
John you're wasting your time trying to explain the purpose of stock splits with clown, he's still arguing that gold prices have been dropping since 2016 and that they're a bad investment. I just wish I had shifted more to gold than I have.
By Clownkicker
#123071
johnny, I can see why you won't waste your time trying to explain RealTool's stupidity to him. He's still here arguing that his massive losses in FLR was a huge 'WIN' for him. I just wish I had sold short on RealTool's recommendation.
By Clownkicker
#123072
"Come on, Clown, you know very well I never said that as the sole reason."-johnforbes

Never said WHAT as a sole reason for WHAT, johnny? I didn't claim you said anything was the sole reason for anything.

You really need to put some references in your cloudy and confusing writing. Maybe you should join RealTool in his ESL classes.
User avatar
By RealJustme
#123077
John you're wasting your time trying to explain the purpose of stock splits with clown, he's still arguing that gold prices have been dropping since 2016 and that they're a bad investment. I just wish I had shifted more to gold than I have.
By elklindo69
#123080
RealJustme wrote: Wed Mar 04, 2020 12:17 pm John you're wasting your time trying to explain the purpose of stock splits with clown, he's still arguing that gold prices have been dropping since 2016 and that they're a bad investment. I just wish I had shifted more to gold than I have.
My stock of Alphabet closed today at $1380 per share.

Now Justme and John Forbes will explain how a 2 for 1 split from $1380 to $690 will make money for us shareholders?

:D
By johnforbes
#123084
On a more serious note, Elkin, are you comfortable with Alphabet?

I own it too in the context of a number of funds, and they in turn own single digit percentages in it.

Inasmuch as Google violates the 1st and 4th Amendments daily as part of its basic business practice, don't you think it vulnerable to class actions?
By elklindo69
#123088
Johnnie first you can't explain how stock splits bring shareholder value. Now you are telling us that Alphabet is violating the 1st and 4th amendments?

Private entities cannot violate the constitution. The constitution only applies to the government actions.

I'm starting to think Johnnie's net worth is an imaginary number...LOL.
By johnforbes
#123091
Elkin, are you drunk?

Look, I know your legal "knowledge" is limited by what you can Google, but there are so many ways you are wrong that it is funny.

But, I appreciate the fact that you Googled first.
By Clownkicker
#123095
It's always funny to watch johnforbes flail around like a law school dropout desperately trying to pass the bar.
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