Anyone 90% stocks or more?



I'm long Islam. All my money is in Koran printing factories, muhammed pictures and toy paedo-bear factories.
 
evolutionvision said:
Partially true.
I did see Cubans video saying that, and my answer was very reflective of that.

What I should have said is something a little more true to my own thoughts and not as much regurgitated...

I trust myself and my own money making capabilities far more than some market that we can't control. In my situation I would probably not buy assets on the cheap. Instead keeping my money in cash gives me the capabilities to go and throw it at a successful business venture when the opportunity arrises.

If I see something that looks profitable I can simply go out and hire someone to build and manage it from the ground up for cheap instead of having to attempt to do it myself. My returns are much larger, and much quicker, I control it, and it's an asset.

All of that does not even take into account the black swan effect, which it seems like the world is just asking for in its present state. How much is the stock market built up on nothing but bullshit, gambles and hope right now?

Something like Mcgrunin is doing is much different as he is more or less gaming the system, but IMHO throwing everything into stocks for a longterm goal is just crazy.

Or I'm just a noob. Either way.
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The problem is, if everything you say is true, what is the cash you hold backed up by?

If the stocks fall, it's quite likely your dollar will go with it.

Also, if you have an online stock/fund account, you can sell out of it within 24 hours or so if you need cash.
 
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