Lux Investing

What is worthy of investing in today by a poor man whose income is not absorbed by the very rich?

Seems like investment in anything is not a climbing value thing. Seems like investment actually is absorbed into never never land, paying people who make way more money per hour and year than I could ever have and promoting their leisure activities and moving their comingled funds with mine to build things that I will not live long enough to profit from even if those businesses don't reorganize to absorb my capital even if I stay?! I am just trying to figure out why a 2-4% CD would not be the best place for any money I might have? Except maybe day trading, and that you have to be very careful of! No wonder Americans are sitting on the sidelines! That and the downtick rule change last summer!

Public Comments

1. Don't be so desperate! Every body can make money by investing in the market. You will get the benefit proportionate to your investment. There are so many investment avenues for people with very little money. There is no hard rule to earn money and become a moneybag overnight.
2. NOTHING!!! Get out. And stay out. Complete Report: Office of the Comptroller of Currency: 3Q 2007: http://www.occ.treas.gov/ftp/release/2007-137a.pdf Democracy requires an informed electorate. If you agree, please copy and paste this to whomever you wish. And by all means warn your friends and family. What's really going on: http://bp2.blogger.com/_H2DePAZe2gA/R9sT8yG-HKI/AAAAAAAAA7k/A-lM2Kotng/s1600-h/OCCpg1.png or http://tinyurl.com/2p5qyk That's right: $91 Trillion in derivatives, financed by 1 1/4 trillion dollars of investor assets. That's almost double the total global GDP (approx. $48 Trillion) for JP Morgan alone. Funny money. IOU's. Another $34 Trillion for CitiBank and $32 Trillion for Bank of America, each with $1 1/4 Trillion backing their bets. Original Source: http://www.occ.treas.gov/ftp/release/2007-137a.pdf And how they got away with it: http://biz.yahoo.com/ap/080328/derivatives_association_lobbying.html?.v=1 or http://tinyurl.com/3b8vjn As Paul Harvery would say, "And now for the rest of the story." These are very interesting looking numbers. And very revealing. While it's true that existing single family home sales were up 2.8% month to month-- they were down 22.9% year to year. How does that old saw go? Figures don't lie; but liars figure? Existing Home Sales: Feb 08 (preliminary): Single Family Only for Printing (click on the PDF Adobe icon): http://www.realtor.org/Research.nsf/files/singlefamilyreport.pdf/ Things are going to get worse, too: U.S. Economic Outlook 2008: http://tinyurl.com/pehzp or http://www.realtor.org/Research.nsf/files/CurrentForecast.pdf/FILE/CurrentForecast.pdf And commercial real estate looks like it's starting to go downhill too: Commercial Real Estate: http://tinyurl.com/yw9hf5 or http://www.globalindices.standardandpoors.com/data/pdf/spgra_values_031237.xls Warehouse and Desert Mountain West have already headed south.
3. You philosophize too much. The stock market does not work the way you think. Get real, or be satisfied with the 2-4 % you get from a CD.
4. I think that you are partially right. The US economy is not n very good shape and even despite all the pessimism, I this is just the tip of the iceberg. Unless you want to spend a lot of time at it, I don't think CDs are a bad investment. There is just too much debt to get rid off. Also, when you invest in bubbles (tech, housing, etc.), then you are definitely just funding the rich, who know when to get out (or have well-paid people tell them when to get out). Also, people that are against CDs, bonds, etc., have to remember that these investments are well ahead during this century, and since the debt mess is the biggest problem we have faced in decades, they could continue to win out even at their low rates. The old rule of thumb was "stocks always beat bonds in the long term." Well, rules change. Remember "housing values always go up?"
5. Only those "poor men" that want to remain poor, or don't have enough intuitive to anything about it do not invest Americans are not sitting on the sideline, only the lazy, or uneducated are sitting there. The average American is investing, whether it be on their own through their bank or broker, or through their employee (retirement fund, 401) Most corporations are owned by the average American through various programs. The average American doesn't sit back and complain how poor he his, he gets off his butt and does something about it There's a big reach between your CD purchase and day trading, and with your attitude you'll never close that gap Only defeatist like you who are either too lazy or naive, are not investors nor will ever be an investor. You're "poor' because you want to be, you don't have enough ambition to do anything about it. The rule that you are addressing is the UP TICK rule but so much for negativity.