Purpose-made collectibles sit just above gambling on the hierarchy of scummy (but legal) business models, IMO. Just as gambling preys on certain kinds of vulnerable personality traits, so too does collecting.
The trick is to collect something that retains its value or even appreciates in value over time.
Which is not the case with any artificially made-to-collect items in the first place. Those only rely on your gambling trait to be tickled. All those people standing in queues for pokemon cards? Very few of them give a single shit about pokémon or the card game. They’re just gambling that they’ll get high value cards they can resell. It’s just not the same thing.
pokemon launch yesterday at my FLGS was incredible, they unilaterally declared kids get to cut to the front of the line and imposed sales caps. TPC guy there delivering additional boxes thought it was absolutely hilarious. So many butthurt adults there just to get the ebay cards being asked to leave, absolutely beautiful to see.
the point of collecting things is to collect stuff you actually want to collect, if your collecting thing because they might be valuable later on you should cut all the middleman out and just gamble on the stock market like everyone does (thats atleast reliable $ once you learn the rules)
its the worlds largest casino, and bunch of rich degenerate gamblers throw $ into it constantly. long as uncle sam’s money printer goes unimpeded the bull market will continue.
where do think all these rich cunts put all this $ they get from our taxes? they don’t spend it…spending it requires effort, they just gamble with it. learn how to facilitate/profit off of their gambling and you have all the $ any normal person could want.
it is unironically infinite $, to an extent. there are…scaling/effort issues…beyond 500k or so
it’s honestly a sick fucking joke, when you realize just how easy $ has been to get your whole life (if you started out working class, like me). when that fact of life clicks for you it really puts all those years you wasted stuck in the labor trap into perspective…years you can never get back…makes working a job painful (even for yourself), once you’ve tasted the other side crossing back is hard
Is it possible to make tons of money on the stock market? Sure, if you’re Nancy pelosi and you’re privy to information that will impact market movement and can have your husband, who runs an investment firm and therefore has access to insane amounts of capital, basically cheat with that info. Or if you’re some ceo who has friends in the industry that let you know what stocks to short, or whatever.
But you, the retail investor, who has none of these connections? You are gambling and basically sending them even more of your money when you inevitably lose. Buy nvidia puts at least
you really don’t get it. when you know how it all works, it’s not gambling at all…it’s just a matter if risk vs. reward. win, loss, and payout ratios… have made more in the last 3 months (when it finally clicked for me) than the last 7+ years working.
zero risk whatsoever (time/value concerns, sure. but essentially no risk of loss of capital). not shorting anything, not buying the obviously overpriced mainstream stuff. just positioning on incredibly obvious and telegraphed moves on smallcaps before they pump.
and I’not even being that aggressive with it, I could have 10,000%+ gains (ytd) instead of 4000% if I really doubled down when 99% certain of a scenario.
its…so fucking easy. it truly pisses me off how easy it is, to get stupid amounts of $. until this last month I was still in some kind of denial phase, but now…the more I learn and the more confident I get…fuck this country man…really. it’s all a fucking joke to these rich cunts ratfucking this country while everything collapses around them, it really is.
now, obviously there’s the old adage “everyone’s a genius in a bullmarket” and scaling problems (as eventually you become the whale everyone else is trying to get a piece of), but I’m confident I’ll make it through this crash coming.
I’v taken out my seed capital and then some, I’v got my tax burden calculated and planned for, solid dividend stocks bought at fair value that’ll hold up during crash etc…it really is just easy as fuck, once you know how it all works.
the issue I’m having is…wtf do I even do with all this $. I…don’t really have a family or anything, the constant exploitive boom/bust cycle perpetuated on this country destroyed my family ages ago (which, ironically…i guess I’m a part of now). I moved around so much as a kid I don’t even really have a community to back to either…
If I’m going to collect something, it’s because I want those things to be able to use them, like video games or seeds. Collecting ugly plastic dolls is just a waste of money. The stock market will beat that every time over the long run.
Purpose-made collectibles sit just above gambling on the hierarchy of scummy (but legal) business models, IMO. Just as gambling preys on certain kinds of vulnerable personality traits, so too does collecting.
The trick is to collect something that retains its value or even appreciates in value over time. Which is not the case with any artificially made-to-collect items in the first place. Those only rely on your gambling trait to be tickled. All those people standing in queues for pokemon cards? Very few of them give a single shit about pokémon or the card game. They’re just gambling that they’ll get high value cards they can resell. It’s just not the same thing.
pokemon launch yesterday at my FLGS was incredible, they unilaterally declared kids get to cut to the front of the line and imposed sales caps. TPC guy there delivering additional boxes thought it was absolutely hilarious. So many butthurt adults there just to get the ebay cards being asked to leave, absolutely beautiful to see.
the point of collecting things is to collect stuff you actually want to collect, if your collecting thing because they might be valuable later on you should cut all the middleman out and just gamble on the stock market like everyone does (thats atleast reliable $ once you learn the rules)
lmao
its the worlds largest casino, and bunch of rich degenerate gamblers throw $ into it constantly. long as uncle sam’s money printer goes unimpeded the bull market will continue.
where do think all these rich cunts put all this $ they get from our taxes? they don’t spend it…spending it requires effort, they just gamble with it. learn how to facilitate/profit off of their gambling and you have all the $ any normal person could want.
it is unironically infinite $, to an extent. there are…scaling/effort issues…beyond 500k or so
it’s honestly a sick fucking joke, when you realize just how easy $ has been to get your whole life (if you started out working class, like me). when that fact of life clicks for you it really puts all those years you wasted stuck in the labor trap into perspective…years you can never get back…makes working a job painful (even for yourself), once you’ve tasted the other side crossing back is hard
Is it possible to make tons of money on the stock market? Sure, if you’re Nancy pelosi and you’re privy to information that will impact market movement and can have your husband, who runs an investment firm and therefore has access to insane amounts of capital, basically cheat with that info. Or if you’re some ceo who has friends in the industry that let you know what stocks to short, or whatever.
But you, the retail investor, who has none of these connections? You are gambling and basically sending them even more of your money when you inevitably lose. Buy nvidia puts at least
8-10% pretty easy over the long run
don’t gamble, index funds
you really don’t get it. when you know how it all works, it’s not gambling at all…it’s just a matter if risk vs. reward. win, loss, and payout ratios… have made more in the last 3 months (when it finally clicked for me) than the last 7+ years working.
zero risk whatsoever (time/value concerns, sure. but essentially no risk of loss of capital). not shorting anything, not buying the obviously overpriced mainstream stuff. just positioning on incredibly obvious and telegraphed moves on smallcaps before they pump.
and I’not even being that aggressive with it, I could have 10,000%+ gains (ytd) instead of 4000% if I really doubled down when 99% certain of a scenario.
its…so fucking easy. it truly pisses me off how easy it is, to get stupid amounts of $. until this last month I was still in some kind of denial phase, but now…the more I learn and the more confident I get…fuck this country man…really. it’s all a fucking joke to these rich cunts ratfucking this country while everything collapses around them, it really is.
now, obviously there’s the old adage “everyone’s a genius in a bullmarket” and scaling problems (as eventually you become the whale everyone else is trying to get a piece of), but I’m confident I’ll make it through this crash coming.
I’v taken out my seed capital and then some, I’v got my tax burden calculated and planned for, solid dividend stocks bought at fair value that’ll hold up during crash etc…it really is just easy as fuck, once you know how it all works.
the issue I’m having is…wtf do I even do with all this $. I…don’t really have a family or anything, the constant exploitive boom/bust cycle perpetuated on this country destroyed my family ages ago (which, ironically…i guess I’m a part of now). I moved around so much as a kid I don’t even really have a community to back to either…
Good luck with that. Let me know when you finally get that yacht and it definitely doesn’t all blow up in your face
My friend you need to talk to an addiction crisis counselor, pronto.
probably, turns out having effectively infinite $ just amplifies all your actual underlying issues I guess.
Why not just buy index ETFs?
If I’m going to collect something, it’s because I want those things to be able to use them, like video games or seeds. Collecting ugly plastic dolls is just a waste of money. The stock market will beat that every time over the long run.
it’s mostly limited time limited time collectables I have an issue with. It’s less of an issue if you can actually think about it before you buy it.
Yeah. Fuck GW sideways with a rusty pineapple.
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