Comments by "" (@jmitterii2) on "The Plain Bagel" channel.

  1. The rich who turned their taxes into a loan to the government don't get their taxes I mean loan money back, let alone their interest. Ooops.
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  2. The problem with ETF-ization of the market is that it can crush all names within the ETF that are more liquid. Basically, some underlying stocks have more bids and asks; more traded. Easier dump or buy than some other stocks inside the ETF. What happens is that outflows in one ETF can cause even the good stocks to get liquidated to payout cash outs of the ETFs. Entrance big, but the exit becomes small. An ETF in UK had a big impact when some underling stocks went down, and ETF withdrawals happened, it effected other stocks that were not part of the dip initially... because they were the only stocks actually liquid enough to make good on redemptions. It's why on very big up days EVERYTHING in ALL sectors go up. And on bad days particularly EVERYTHING takes a hit... even the good stuff. And if it's in the SPY or QQQ on those down days EVERYTHING literally is down... small exit... more liquid stocks are being dumped to make up for less liquid stocks.
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  3.  @643doubleplay9  You can rent and sublease cars and homes you don't own. Even when you don't own them fully ie you're still paying back a loan.
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  4. I traded TUP the other day.... DCA 3ish... sold way too soon, after market the other day but it was funny. Didn't realize it was bankrupt at the the time. LOL!
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  5. Milton Friedman was a liar. Markets are idiotic. Nothing magical about them. And have always been. They're a social construct. These times will demonstrate the idiocy and pointless of Friedman economics we're all suffering to today. I made profits off a bankrupt company. Not shorting it to the ground, but longing the stock and selling that stock at an even higher price. That's freaking hysterical.
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