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Financial Jiu Jitsu will teach you how to gain leverage in the real world, step by step, until you are confident you no longer need more.

Don't ankle bite the stock market - you look silly

Don't ankle bite the stock market - you look silly

The expressions that could be used here are nearly limitless:

  • Ankle biter
  • Armchair quarterback
  • Backseat driver
  • negative nancy
  • player hater (shudder)
  • nay sayer

You do not want to be perceived as one of the above. If you make a habit of being negative about something that is positive, then you are essentially inconsistent in your belief system and other people pick up on it.

An example would be somebody who sees the homeless receiving food. If this person makes a comment to the effect that "society is degrading at an accelerated rate" at the sight of this, most people will view the commenter in a negative light. This is human nature. It really doesn't matter if the negative comment was true or not, sometimes you look like a fool anyways.

To come full circle on this issue one must first look for it in others, then in ones self. Rarely will you have luck convincing others to do anything at all, but you might be lucky enough to have the presence of mind to work on the #1 person. That's you right! Now comes the hard pill to swallow for the "journalists" out there:

Don't ankle bite the stock market - you look silly

As you can see, the market is in general terms, "up."

These are the kinds of articles/headlines/random gibberish I have been seeing:

I rest my case. These posts and posters may indeed have a valid point here, but the way it is presented invalidates it to many. Except for maybe if you read the Forbes article that wasn't bad, but that headline is 100% knee-jerkin' click bait. Whew, I guess it has been permeating everywhere hasn't it?

The issue here is that these posts are essentially ankle biting the stock market highs. Stock market being high is a good thing right? You post about good things in a negative light with no substance and people notice. Sure you may be able to generate clicks but at what cost?

At the very least maybe try to key people in on what you should do in a market like this. Answer the following questions:

  1. There were people who made a killing off the 2008 housing collapse. What did they do to ensure they made money?
  2. There were people who made millions off the dot com bubble. What did they do to ensure that they made money?
  3. There are people RIGHT NOW in this world who will beat the market whether it is a bubble or not. What do you think they are doing to ensure their absurd gains?

Maybe I don't have all the answers here. I would like to see some macro-level financial advice that makes sense on occasion, is that so much to ask? What I do know for certain is that ankle biting a stock market with record gains makes you look silly. 

Sorry it really does

Sorry it really does

Where Are The Highest Profit-To-Living Areas?

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Forward Frugality Rationalization

Forward Frugality Rationalization