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You ever hear that an index fund is a great investment...

submitted by bonghits4jeebus to TellTalk 1.1 yearsMar 24, 2023 15:51:23 ago (+1/-1)     (TellTalk)

...cuz all you have to do to be a titan is invest in one and have a better handle on the business cycle than "the market." This isn't investment advice. What I'm saying is broadly you don't need to be insider trading any one business when you can insider trade the whole market. All the money ending up in the hands of the people who push the market is a feature.


7 comments block


[ - ] wyrmblut 0 points 1.1 yearsMar 24, 2023 18:58:17 ago (+0/-0)

[ - ] yesiknow 0 points 1.1 yearsMar 24, 2023 17:46:45 ago (+0/-0)

At this point, you'd be best off with some gold under your floor boards.

Those indians with all their gold bangles will be the rich ones. They waste a lot of money on jew diamonds not worth resale anything

[ - ] bonghits4jeebus [op] 1 point 1.1 yearsMar 24, 2023 18:09:59 ago (+1/-0)

I'm not following you. The Indians will be rich from gold but poor from diamons?

[ - ] ParnellsUprising 0 points 1.1 yearsMar 24, 2023 18:51:15 ago (+0/-0)

Diamonds are not rare, and really hold no intrinsic value of than the fact the the (((De Beers))) family limit the output to create the illusion that there is rarity.

You can make diamonds in a lab that are basically indistinguishable from a real diamond, so what is their value?

[ - ] La_Chalupacabra 1 point 1.1 yearsMar 24, 2023 19:12:51 ago (+1/-0)

Artificial Scarcity

[ - ] ParnellsUprising 0 points 1.1 yearsMar 24, 2023 19:15:16 ago (+0/-0)

Exactly!

[ - ] bonghits4jeebus [op] 0 points 1.1 yearsMar 25, 2023 02:39:28 ago (+0/-0)

You can make diamonds in a lab that are basically indistinguishable from a real diamond, so what is their value?

Yeah the lab ones are worth that they're worth. I mean the cost to make them. You don't have to pay fanciful prices for diamonds.