ye few years back I just found out that passive income is kind of bs in stock market if your investment is small, what makes me pissed off though when some people keep shouting as if investing in stock is the only way we can get rich, the truth though we just becomes a food for the whales.
BUT, i don't think stock market gonna stop making new millionaire in the future if what you trying to find is some highly speculative stock or a pump and dump stock the market isn't deficit from any of those, just if you want to find a highly potential company it's like finding needle in a haystack, so many
overhyped company that gets big chunk of investment (remember that one overhyped coworking provider company?) and I think thats also why fewer new millionaires produced from stock investment.
Topic: No new millionaires come from stock market in 2020/2021 - page 4. (Read 636 times)
You don't even have a data to back up your claim that there was no newly minted millionaire from the stock market so I don't think that there is no such thing as no new millionaire, remember that there was the Gamestop fiasco and if you made the right investment at that time there, you could've been a millionaire.
Generally the global situation does not affect the stock market quickly Your idea is wrong and the market makes more money by investing new millionaires from the stock market however this situation has created new investment opportunities. I think this is the right time to invest in the market this is because some stocks do not exist and the macroeconomic issues are already reflected and prices have fallen even lower. Those stocks are a good opportunity to invest in the market now if one chooses to invest.
There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
..
Those clueless billionaires think they can regulate all they want and they dislike gamblers who could do harm to stock market, they’re thinking they don’t need us to help making them the richest man, I think they’re so dumb they’re no coiner and actually is very poor.
...
You are either clueless yourself about the stock markets or trying to make a silly point. There are quite a few stocks that have actually raised in price faster and higher than bitcoin in the last year. However people keep thinking that the stock market cannot give surprises and moves slowly. That is absolutely wrong. Share such as Gamestop, Rebubble, Endor AG could have made you a millionaire if you know when to buy an particualrly if you know how to buy or sell leveraged or by using options or warrants to reach higher multiple power.
rather than a main form of income that will help you rack in millions upon millions of dollars. .
You only get millions of dollars from crypto if you put in good chunk of money into it or if you are one of the early adopter of bitcoins or some other high potential alts like eth ( or doge ). Alot of people get a great amount from this bull run but I doubt most people turn into a millionaires overnight from crypto unless you get a huge bag of coins which you bought super cheap
Look at the Hertz Car Rental company which filed a bankruptcy lately but the stock market of it was dumped by its owner leaving the investors buying a lot of it because they think what they got is a discounted investment.
Same thing with crypto, ever heard of Devs dumping their coins right after the ICO? We had similar scams . Stocks are good but crypto is way better in many aspect and if Satoshi never created bitcoin in the first place, there wont be any other cryptocurrency possibly and most of us will still be stuck with stocks
What they don't realize is that crypto appears to be created to correct what is wrong in the stock market. Look at the Hertz Car Rental company which filed a bankruptcy lately but the stock market of it was dumped by its owner leaving the investors buying a lot of it because they think what they got is a discounted investment. Little did they know it was already bankrupt.
We can safely say that the gold rush is over and the stock market is slowly becoming more like a day job or something you do to earn more money, rather than a main form of income that will help you rack in millions upon millions of dollars. But despite this, the potential to earn in this environment and industry is still promising, so to quit on stock just because you can't get a million just trading isn't really logical.
There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
All the millionaires are made from the unregulated stock market is now all dead.
Those clueless billionaires think they can regulate all they want and they dislike gamblers who could do harm to stock market, they’re thinking they don’t need us to help making them the richest man, I think they’re so dumb they’re no coiner and actually is very poor.
Yes, fiat would be used to continue to probe up all blue chip, those are making the rich people richer but not create new millionaires in the foul play, without new millionaires born from stock market every now, the hype on getting rich from stock market would die,
Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.
I guarantee you there are hundreds or even thousands and thousands of new millionaires around the world. Millionaires are made in volatile markets because they use leverage and go long or short. If the stock market was only one thing in the last two years (20/21), it was full of volatility. The crash when the pandemic began and the recovery. So many new millionaires for sure!
The ones who made money on stock markets before this recent surge are the ones who will make money in the future. It's literally hard to make millions on stock market today if you are only starting, even if you already have the capital and the experience to back you up, though it is still possible with an insane amount of luck. Most millionaires produced in recent years are from cryptocurrencies, and if that doesn't make people think twice about investing in heavily-advertised "blue-chip stocks" and other premium options, I don't know what will.
We're talking about the newly-made millionaires, especially people trading stocks. CEOs have high chances of making it to their early millions compared to the retail investors and the average traders, especially if their company's goods and services are targeted towards a demographic that can spend loads of money.
Not everyone is interested in crypto market and moreover stock market is regulated with lot of registered companies and millions of shareholders so you can't speculate that millionaires could not be from that market.Many pharmaceutical companies CEO have joined the list this year with increased demand in vaccines to act as precautionary measure against virus.There are entrepreneurs who are building unicorn startup that values more than billion dollars making them millionaires.All the world's richest leader have majority stake in companies share not liquid cash which is why stock market has its importance and we can't avoid it with highly volatile crypto market.But yes surely we are seeing rapidly increasing list of crypto millionaires also which is positive impact to our community and we need more growth and acceptance for Bitcoin and cryptos worldwide.
We're talking about the newly-made millionaires, especially people trading stocks. CEOs have high chances of making it to their early millions compared to the retail investors and the average traders, especially if their company's goods and services are targeted towards a demographic that can spend loads of money.
This does not necessarily mean that there won't be in the coming years. Those that are into it already know about it and I think they are dealing well with it. Every investment as what it comes with and what it entails
I believe it has been like that for a while, there hasn't been any new super rich people because they bought some stock and that has been true since the 2008 crash, before that there were few here and there but there are none now.
You are not going to suddenly become super rich, sure if you have 500k dollars in stocks then in a few years you could have a million dollars that's true, but nobody in the world would get in with 10k dollars and have a million dollars in a year, that was never possible for the past decade and will not be in the future ever again neither. That is where crypto comes in, if you put in 10k dollars into crypto you can turn that into a million dollars if you are lucky, sure it requires you to make one super trade and earn like x10+ and more first, then make a few other investments and hope that one of them would hit once again as well, tough chance but still possible.
You are not going to suddenly become super rich, sure if you have 500k dollars in stocks then in a few years you could have a million dollars that's true, but nobody in the world would get in with 10k dollars and have a million dollars in a year, that was never possible for the past decade and will not be in the future ever again neither. That is where crypto comes in, if you put in 10k dollars into crypto you can turn that into a million dollars if you are lucky, sure it requires you to make one super trade and earn like x10+ and more first, then make a few other investments and hope that one of them would hit once again as well, tough chance but still possible.
Not everyone is interested in crypto market and moreover stock market is regulated with lot of registered companies and millions of shareholders so you can't speculate that millionaires could not be from that market.Many pharmaceutical companies CEO have joined the list this year with increased demand in vaccines to act as precautionary measure against virus.There are entrepreneurs who are building unicorn startup that values more than billion dollars making them millionaires.All the world's richest leader have majority stake in companies share not liquid cash which is why stock market has its importance and we can't avoid it with highly volatile crypto market.But yes surely we are seeing rapidly increasing list of crypto millionaires also which is positive impact to our community and we need more growth and acceptance for Bitcoin and cryptos worldwide.
You are speculating without a reference basis. give us credible data. we don't need the easy speculation that everyone says. You don't need to be wordy, if the data is more than that. all developments in the world of stocks have their respective developmental statistical calculations. like we cryptoners. so give us some data !!!!
Just don't disclose with possibilities since maybe for now you cannot see a new millionaires in stocks due to regulation and pandemic but I'm confident that if the market stabilize and the economy will be back on shape for sure there are happy stock traders will earn richest from it again.
Stock market was always regulated. Contrary to your ideas I do believe that we might see more people gaining a lot of profits from the stocks this year because due to pandemic the stock price fell down drastically in the first half and people did buy a lot. I had a lot of friends who actually gained a lot not just from cryptocurrencies but also from stocks.
I think it's all about patience and strategy. At the end of the day even stocks are showing Volatility which presents an amazing opportunity for the people to invest there and earn later. But they won't be able to see those benefits soon, it will take years for these stocks to mature. It's the same with cryptos "if you don't sell you don't loose anything"
But for the time being becoming millionaires and billionaires takes time so we might have to wait a lot more to see the process.
I think it's all about patience and strategy. At the end of the day even stocks are showing Volatility which presents an amazing opportunity for the people to invest there and earn later. But they won't be able to see those benefits soon, it will take years for these stocks to mature. It's the same with cryptos "if you don't sell you don't loose anything"
But for the time being becoming millionaires and billionaires takes time so we might have to wait a lot more to see the process.
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>Do you have a data to support your claim,
Data? No one talk about stock, no one talk about getting rich from this greatest bull market in the century. You can’t name one person in your mind who is influential in 2020/2021, not from stock market too.
>there are a lot of HFT companies popping up this year in stock market so I disagree that there are no new billionaires produced by the stock market.
You are very ambitious, new BILLIONAIRES you said, there isn’t anything that’s new in the billionaire ranking, all of them are the same hegemony kleptocracy capitalist, absolutely disgusting! Yup, no billionaires, it’s not even news worthy. A shameful display!
>The current state of things won't change for many years unless we do something really drastic is going to happen.
of course, the poor get poorer, and millionaires dream dimming into darkness, everything return to hopeless.
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>This is @op personal opinion, probably he tried to make something from stock and couldn't achieve the goal,
HA! I don’t want to get close to this absolutely satanist creation called stock market, why had one else come ahead and stand up against them except some crypto early?
>stock is highly regulated is why you can hardly see whales pulling shit stunts on poor investors like what Elon and his cabal of whales have done so far,
regulation is the one to be blamed for everything included vaccination
>unlike crypto where anyone or group or people can pump and dump the market, that can't happen in stock, maybe you need time in stock to get to that level you are aiming for.
in your dream to tell anyone to get into stock market.
This is @op personal opinion, probably he tried to make something from stock and couldn't achieve the goal, stock is highly regulated is why you can hardly see whales pulling shit stunts on poor investors like what Elon and his cabal of whales have done so far, unlike crypto where anyone or group or people can pump and dump the market, that can't happen in stock, maybe you need time in stock to get to that level you are aiming for.
Do you have a data to support your claim, there are a lot of HFT companies popping up this year in stock market so I disagree that there are no new billionaires produced by the stock market. The current state of things won't change for many years unless we do something really drastic is going to happen.
There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
All the millionaires are made from the unregulated stock market is now all dead.
Those clueless billionaires think they can regulate all they want and they dislike gamblers who could do harm to stock market, they’re thinking they don’t need us to help making them the richest man, I think they’re so dumb they’re no coiner and actually is very poor.
Yes, fiat would be used to continue to probe up all blue chip, those are making the rich people richer but not create new millionaires in the foul play, without new millionaires born from stock market every now, the hype on getting rich from stock market would die,
Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.
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