Is anything legitimate?

By Anonymous Questions, August 7, 2013

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Is anything legitimate?…I am 64 years of age…I have college degrees, 43 yrs of work experience…was selling $1 million or more/year in 4 industries. As I lost jobs due to the economy, 9-11-01, and other economic reasons, my salary dropped from a high of $57,000 per year to making $18,000 per year, working FULL TIME in retail. I started collecting SS at 62 because it was $1500 per month rather than the $600 per month I was earning standing on my feet 12 hrs per day in retail.
Can you recommend anything….ANYTHING a poor person, like me…can invest in that will actually pay off?
Respectfully,
Disgusted American…waiting for the collapse of the Socialist States of America.
R.I.P…..U.S.A…..1776-2008

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12 Comments on " Is anything legitimate?"

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paperplays
Member
0
August 7, 2013 3:30 pm

I like to watch the infomercials of Armando Monteleon. It seems like bull but somehow he is doing this and making big money. I think people just want to have the hope that they can do this.

VG
Guest
0
VG
August 8, 2013 4:14 pm

Whoa….better stop collecting that Social Security immediately. That is pure socialism. You also might want to stop driving on roads that were built with tax dollars or eating food that had FDA inspectors make sure it was safe for your consumption. And without the Socialist States of America operating as usual, be prepared to just watch your house burn to the ground if, God forbid, it ever caught on fire. There won’t be any firemen their to help you.

Noddy
Guest
0
Noddy
August 9, 2013 7:04 am
“Whoa….better stop collecting that Social Security immediately. That is pure socialism. You also might want to stop driving on roads that were built with tax dollars or eating food that had FDA inspectors make sure it was safe for your consumption. And without the Socialist States of America operating as usual, be prepared to just watch your house burn to the ground if, God forbid, it ever caught on fire. There won’t be any firemen their to help you.” You do realize that he paid for all those things for over 40 years, don’t you? Legitimate government functions include infrastructure… Read more »
daver
Member
2
daver
August 9, 2013 1:15 pm

Noddy, don’t bother, your talking to another socialist. They will never get it.

topcat
Irregular
7
topcat
August 9, 2013 2:34 pm
Although I am about 20 years younger, I have had similar concerns and questions. First, I think you have found a great resource here with Stock Gumshoe. The readers are knowledgeable and usually provide great insight in addition to the valuable work Travis does. I also am well educated, changed careers & income from $40-50k/yr due to the economy and recently quit my $19k/yr retail job of the past 8 years. I actually made less than the previous year several recent years in a row and my family suffered. Corporate cares about itself & reducing payroll/benefits each year. I got… Read more »
stageplay
Irregular
0
stageplay
August 11, 2013 1:51 pm

Noddy, it sounds like you do not know what socialism is. Paying taxes and then reaping societal benefits such as firemen and police, libraries, schools, hospitals, roads, Social Security, Medicare, etc. is exactly what socialism is. Socialism exists to one degree or another under all forms of government. The only form of government under which there is no socialism is actually not a form of government: anarchy.

rrtrowell
Member
0
rrtrowell
August 12, 2013 1:13 am
yes, invest in “Financially Educating Yourself”, first. Go to “Babypips.com”, complete the tutorials/lessons in “the school of “Pip-ology”! Create demo account to actually practice live trades until you’re ready to execute your very own strategy……….like one-half hour daily trading to the tune of $1,500.00 daily profit, on average!!!!!!!!!!!!!!! Deploying currencies: they do exactly as they’re told, they dont take vacations, they dont take medical leave, they dont take paternity leave, they dont take smoke breaks, most importantly is, they dont talk back! Pay close attention to “Reserve Banks” manipulations, usually they’re sniffed out by the nets worlds bank watchers. so… Read more »
Ethan
Guest
0
August 12, 2013 11:07 am

Complains about the “socialist” government then goes around and collects SOCIAL security…..

On another note answering your questions and ignoring everything else you said… there is a lot of money to be made trading on the stock market, swing trading and day trading. No long term investments.

MJ
Guest
0
August 13, 2013 3:02 pm
I too have similar concerns. The financial markets are an excellent proxy for global tensions and troubles, breakdowns of all sorts of systems we are seeing. But you have to do what you can every day in your own world to make it happen, make it better. For example, today I cancelled my scrip to PBL. Yeah for me!!! What a waste of time and money. Also cancelled their Income service two weeks ago. Travis, I keep asking you about this – I think the PBL people and SIA are in cahoots, or at least sharing the same info or… Read more »
Ethan
Guest
0
August 13, 2013 4:10 pm

Alot of the newsletters I have subsribed to many of them have promoted companies only based on receiving compensation. Those people pay out to a lot of different newsletters to try and spread the promotion as far as they can. Don’t trust anyone that gets any sort of money for their picks. Most will not disclose it though.

The only newsletter I am with now is http://www.stockservicereviews.com/jasonbondpicks

rragssr
Member
0
rragssr
August 13, 2013 4:20 pm
Has anyone thought of the difference between social programs and socialism? Police, fire, and schools are paid for with tax dollars. The free gift is to those who do not or have not paid taxes and therein lies the socialism. Most of us are paying into the programs which benefit us constituting the social programs of our capitalist society. If I had paid my SS dollars into a private account (as Reagan had proposed in the mid-eighties), my retirement benefits would be a lot more than what they will be in a year when I start collecting. How about the… Read more »
Bill S
Guest
0
August 15, 2013 11:02 am
I am turning 40 this year and have to say that the gentlemen who posted should be glad that he is retired and at the end of his career. I have managed to start looking out for myself in recent years instead of being ‘loyally blind’ to the companies I have worked for. The biggest misconception if you work for a corporation is that hard work will yield success these days. I’ve been in medical sales for the past decade and I have experienced decent success at times but always seem to lose traction due to companies I work for… Read more »
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