Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ldf

(2,964 posts)
6. sorry, i only read your headline.. but
Sun Feb 5, 2012, 04:38 PM
Feb 2012

money magazine sounds to me like it is all about money.

the way the "money magazine" crowd makes money is wall street.

for them to make money in wall street YOU have to start investing in wall street.

and they are always ahead of that ball, since they have the computers that are fast enough to manipulate trades so THEY can make the money, either off the stocks going up, or the charges for each trade.

meanwhile, you, who DON'T have the fast computers, may make some bucks occasionally, but may also lose your shirt, while THEY, with the fast computers, know to get out while the market is up, and BEFORE you lose your shirt.

then they go in an bottom feed, buying cheap stock, then pumping it up again.

lather, rinse, repeat.

am i missing anything?

Recommendations

0 members have recommended this reply (displayed in chronological order):

One of the up sides of global warming.. Fumesucker Feb 2012 #1
I won't need all $4 million to pay for my cardboard box LiberalEsto Feb 2012 #2
Seriously. Those "financial experts" are vapid. Matariki Feb 2012 #3
I'm planning on 3 million... JSnuffy Feb 2012 #4
The only appropriate response is "well bully for you" Matariki Feb 2012 #18
Why golly.. thanks... JSnuffy Feb 2012 #19
I don't think you are a "fat cat" burning $100 bills. Matariki Feb 2012 #20
no you miss the point backwoodsbob Feb 2012 #21
Sorry to break the news to you Matariki Feb 2012 #22
Ok.... JSnuffy Feb 2012 #24
I don't think you have time ... GeorgeGist Feb 2012 #23
Damn...I'm just the teensiest bit short of that... abq e streeter Feb 2012 #5
sorry, i only read your headline.. but ldf Feb 2012 #6
I wonder what "No Money" magazine thinks... MineralMan Feb 2012 #7
Sure, retirement is fun. Vounltary or otherwise. Nuts! 4 Million? Paper Roses Feb 2012 #8
Crap! Time to max out those Wall St investments raouldukelives Feb 2012 #9
I finally got some numbers to work hfojvt Feb 2012 #10
The one that gave me the biggest laugh Warpy Feb 2012 #11
the point is that even those at the top end of the 99% worry about the same thing unblock Feb 2012 #12
How many of us will have that? Or even need that much? LiberalFighter Feb 2012 #13
How? Simple, save $50k a year for 40 years - that's $2 million. Fool Count Feb 2012 #14
Heh, and that's SAVING 50k a year; which, improbably, means the person has to MAKE 200k plus. HughBeaumont Feb 2012 #16
$5 million is the point where you (probably) don't have to worry about money ever again taught_me_patience Feb 2012 #15
We're just a little short Worried senior Feb 2012 #17
Latest Discussions»General Discussion»Money Magazine: "Ret...»Reply #6