Comments by "" (@jmitterii2) on "Hamish Hodder" channel.

It's called policies robber barons rolling back FDR and other things that kept money being stolen via financial gimmickry. And nothing is normal from 1980 to present "secular" bull market. This is strongly monetary move from busting inflation in the 1970's and then dropping interest rates in the 1990's. And keeping them low is monetary policy attempting to spur borrowing in the hopes of increasing GDP. It fails though, spectacularly. Japan is ahead of us by 15ish years in this low interest rate environment. They saw their stock market at all time highs by '89. It crashed hard and even now at very highs, it still hasn't come back to those highs... and Japan's government is the largest Japanese holder of their public stocks. US Treasury owns 0% and no law allows the government to purchase shares of any public or private company. This is not a time to dollar cost average. This is a time to swing trade... and plan for an end to secular bull market to end and it will so violently... and then DCA... slowly. Because it will be years of declining stocks... everyone for a decade will hate stocks and any conversation about it, will be how phony gimmickry stocks are. Over larger time frame of stocks from 1600's Dutch invention, to today... stocks generally NEVER have a secular bull market like this... businesses on stocks tend to wax and wain over all entry and exit prices tend to be mostly flat with up range and bottom range of trading. They never have a long spiral up. Their value was their dividend. Not the price difference from other holders wanting to sell or buy. So what has happened over the past 40 years isn't normal. No more normal than the 1920's... and we know how that ended. DCA now is not a sensible approach. You'll be cream pied. Really, you just want to swing trade this stuff... learn basic TA and reading fundamentals of a company. And take profits now if you have shares. Keep your powder dry... have a cash defense to DCA on sustained bear markets... and don't do it all at once... wait until you don't even want to be cause every month and year is in the red across the indexes... that's when you start DCAing. Stocks truly do go down. Reasons why people run from stocks and even sell at a loss are manifold: They need money to feed their face, clothe themselves, shelter themselves... and they can't afford to lose money when those are in need. Easier said in a bear market. Right now, most people would hoink at me and say with a squeal of their snout that I'm some sort of perma bear or something. I say back: sewwwwwwwwwwww grunt grunt grunt, bacon's about to be on the table everyone! This is a prefect time to take profits... big ones too. Or be upside down for 30 years. Or more likely take huge losses as you'll have stretches of unemployment or other expenses that will see that you'll need some cash. All seriousness. This is a dangerous "bull" market. Be careful. And don't say nobody warned you... or many others... yes some truly have been broken clocks. But that's a testament to how ridiculous things increasing have become. I mean all indicators are flashing beyond crazy times.
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Stocks since their invention have always been considered speculative. It's only in the 1900's to present span that occasionally on that nonsense would have people forget about the speculative nature of individual stock as an investment until they were burnt. 1900's to present speculative stock bubbles have been greatly fueled by our current monetary regulatory systems... most nations is their National Bank, for the US the cartel of banks aka the Federal Reserve.
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Japanese did too end of '89.... didn't work out so well. And the're 15 years ahead of us in this low interest rate demand destruction demise.
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Let's not pretend those factors mentioned regulate them in any desirable way. Otherwise we wouldn't have the fucking mess we have world wide. Besides a few places that... oh they don't pretend construction industry, inventory adjustments, rental market, property market magically regulate themselves... such hog wash Milton Fried quack pot nonsense. AT no point in any historical time when housing was actually affordable to the vast majority, did we just pretend markets run best and these factors "Self regulate' okay they did and they often did it horribly; feudalism comes to mind. But even past feudalism, you had massive emigration to places like Canada, USA, Australia, etc. where in starting in the 1860's the Homestead Act gave away free land to anyone wanting to homestead... also Land Grant Acts starting in the 1860's gave money to such persons either homesteading or buying lots to actually build on those properties; shops, blacksmiths, stables, houses, farms, etc. And again, horrible times hit latter parts of the 1800's and into the 1900's where housing became very costly... the great depression 1929 gave way to Hoovervilles but most people in the USA were already poor. So what did they do? Many lived in "cabins"... okay they were literally dirt floor shacks made of plywood with a caste iron stove for cooking and heating. By about 1935 you get the HUD programs that continued, but mostly phased to nothingness by the 1980's... but these HUD programs and the way were implemented; the city developed the lots placing sewer, water, and electrical distributions on the lots; subsidizing these costs; that the buyers and renters of these properties would later pay in terms of property taxes. Same property tax that exists today, but we all got the benefit of affordable housing. NOW it's done by let it be markets. Private developers are tasked to do all the roads and utilities, and at specifications to the local utility companies or organizations, these private developers than pass that cost on to the lot buyer. No subsidy anymore. But that property tax... still there. Vienna Austria also has a good program that they still conduct today. Best in the world really. How the world's housing market got stupid starts back in the 90's with the invention of the CDO and CLO market... which incentivized banks to pump the collateral value of real-estate so that they could lend as much as possible and as fast as possible as they were selling these loans to investors and other banks... a big pyramid and ponzi pump and dump. They no longer cared if the value of the collateral was "real" or sustainable. And after it all blew up in 2008 world wide, central banks and banking cartels like the Fed Reserve debased the national currencies to be buyers in this CDO/CLO market to keep the banks alive, instead of taking the banks over and readjusting all mortgages to a lower mark to market price; and nations unable to realize it was never a surplus housing problem that caused the problem, in fact housing construction worldwide wasn't keeping pace with population growth, it was an affordability problem that caused people to default on their mortgages.
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And where private developers just fail to develop (which they often sit on vast tracts of land) and build tiny bits... they can lose that land to either a private developer or a public one, We need more public development as this subsidizes that cost of road and utilities. it's how in 1934 many towns and cities developed quickly with modern housing (with water/plumbing and electricity). The city used the very taxes people paid on developing the cities, not on some armada military budget the dwarves the next 9 highest spending nations' military budgets COMBINED. And they place quota limits on any buyer of lots so that speculative stupidity could not take place, AND they use eminent domain laws to quicky take vast tracts from local robber barons alike, to then develop that land for residential, commercial, and industrial zoning as needed per the city. Let the public and private developers compete. And subsidize them ALONG WITH pricing constraints; pricing constraints similar to the method Vienna Austria conducts theirs via income based rent prices.
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