Off-Topic / Stock Market Talk and Trading - part 2 [725]

Nope - because this competition started yesterday and you are not invited anyway. You stick to the used car market where you obviously know your onions.

Of course I am not going to put my account statement online but to March 31st for US was 6 percent down, for EUR 3 percent down, Polish 1% down.

Best perfomer Rheinmetall, worst performer Amazon.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Well I'm off to a good start Ptak - Nike up 11 percent, Apple up 10 percent, Kraft up 5 percent

You are still lacing your shoes ? You never provided your tips

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Who would have thought it ? A man who calls me an idiot, a dolt, a dufuss and says he is king of the hill doesn't want a simple no money challenge

Can put 50 bucks on it if you want

You just said you have been buying loads of stocks yesterday so surely there are plenty you could name.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Happy to have a friendly bet Ptak

Name 6 stocks - can be from any country, and we compare results at the end of December

Here are mine

Nike
Essilor Luxottica
Kraft Heinz
Swatch
Apple
Bank Pekao

No science involved - just picked the things I am wearing and using and have been down a lot

You can name yours by tomorrow night

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Not sure why the euphoria Ptak - the US markets have gained about 0,2 percent today

Europe was up quite nicely though - mainly because they close while Golden Cow is having his breakfast

Yes I am licking my wounds but staying out the market for a month - no buying, no selling. Have bought some Polish and French govt bonds and that is it

Travel / About cars, electric and combustion in Poland. [162]

You might still be able to pick up a European model down one of those second hand car lots with zero percent finance and some dodgy looking stains.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

For the customers it is simple - you can do nothing.

For the people who manage them yes they are complicated - someone needs to constantly buy and sell the relevant stocks - which is expensive and time consuming. Hence not worth doing for small markets

You are, it seems, unable to read.

Give us your tips - that is what this thread is for

Off-Topic / Stock Market Talk and Trading - part 2 [725]

If you are based in the US or UK those funds are true trackers and with a very low cost. Not the case for Polish residents.

The market leaders are not available in Poland, where brokerage is dominated by banks and where there are not enough small investors for someone like Vanguard to get the scale needed, both to buy the index (which is complicated and needs attention every day) and to charge low fees.

You can of course get zloty based ETFs and I have some. You can also get US ETFs managed by a bank like Santander or Citi but they are more expensive than just having your own portfolio.

Last 10 years beat the S&P 3x, down 5x and roughly equal twice. Another personal reason is that I like dividend paying stocks to give me a passive income and that is not the same as just using a market tracker.

Travel / About cars, electric and combustion in Poland. [162]

The market says otherwise Joker - 40 percent of cars bought in the US are imported.

Let the market decide - unless you want a return to the Polish style socialism you escaped from

Off-Topic / Stock Market Talk and Trading - part 2 [725]

I am not a day trader. JR is. Different approaches.

I doubt I beat the S&P most years, though I did in 2024.

Have fun with your ISA - you won't have beaten inflation since COVID, but it's a solid way to invest if you are in UK. An ISA is not available to Polish residents, and this is a forum about Poland.

If you don't want to invest in stocks and think anyone that does is a gambler and a charlatan then maybe this is not the thread for you.

Quickest way to say goodbye to your money ? Expensive vanity cars you can't really afford

Off-Topic / Stock Market Talk and Trading - part 2 [725]

So, given that you are obviously an experienced investor maybe recommend a few stocks that you think will do well over a 12 month and 24 month horizon.

And give us a number for the S&P that you consider a "normal level"

That's what this thread is for - it is not an attempt to move the world economy, but to make a few zloty for our own retirement and manage the currency risks of living jn Poland.

You and Rich are doing your thang at the moment though - ill informed ranting and senseless nocturnal spam. There are loads od other threads for that.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Nice rational take on the situation Ptak

Where else can we invest ? Well in my case Poland, France, Germany, UK and even a bit in South Arica and India. The world is a big place and we are not going to spend the rest of our lives dancing to the tunes of some bitter old factory workers in Ohio.

America is the biggest part of my portfolio but still only 30 percent

Off-Topic / Stock Market Talk and Trading - part 2 [725]

The only comments I will respond to on this thread are about markets, currencies and trades.

There are plenty of other threads for your bullshit.

Maybe you want to give us a stock tip now stocks are more affordable?

Travel / Visiting Gdansk/Sopot worth it??? [12]

May and early September are the best times for Sopot - kids have gone but still enough people around to party

Travel / Visiting Gdansk/Sopot worth it??? [12]

Yes it will be lively at that time - in fact it's one of the best times to go.

Plenty to see and also worth ah afternoon in Gdynia or further afield in Kaszuby.

News / Poles say a big YES to our European Union [996]

Among people who are 40+ I am sure support for the EU will remain strong. With high levels of education here, most people are able to join up the dots and realize that rising income and living standards are heavily linked to a human membership.

Among young people, I'm not so sure. Certainly males seem to believe any old **** that they see on Instagram and TikTok. However I think young educated Poles will still see the opportunity created by being in a larger market, and being able to work abroad.

History / Why American military aid to Europe and Poland is important to America itself? [226]

What are we going to do ?

Short term - sanctions and arm Ukraine
Medium term - build a nuke

History / Why American military aid to Europe and Poland is important to America itself? [226]

But you have your own allies - the starving North Koreans, the mad mullahs of Iran and China. Plus all the other whackjobs, thieves and murderers of the world like Eritrea, Venezuela and for a while Syria.

What good did it do ?

And memo to NN military commanders - don't turn up for a fight with the free world with no ammo, no communications, no fuel and totally caned on home made booze

Anyway Putler and the NNs just said officially they are not signing the deal that Ukraine has already agreed to.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Whatever you posted is either out of date or incorrect

This thread is for investors only - go back to random or even better to your own dementia thread

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Don't know where you get that number from. Its down 6 percent since 1st Jan

S&P down about 7 percent

Stick to doomscrolling trans and gender fluid influencers on instagram

News / Should Poland pay for gas in rubles? [193]

Don't think so - these guys Tavex will exchange almost anything and there is often a queue of misfits hanging around when they open the doors, but they don't seem to do rubels any more. Almost all other former UNNR currencies are still traded though.

tavex.pl/kantor-warszawa-centrum/

Off-Topic / Stock Market Talk and Trading - part 2 [725]

As I said Bobko, this thread is not for politics

The good thing about the markets is you can't argue with the numbers - it is down and if you are not invested, like most people, then no need to worry.

If you are invested you need to understand reasons and what will turn this round.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Demand exceeding supply or input costs increasing or hundreds of other things

What causes dementia ?

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Your explanation for inflation can sit next to PolAm's thoughts on VAT as examples of American ignorance

I have said before, this thread is not for you - no time wasters. Why not instead trawl the local newspaper see if there are any jaw dropping deals in the used car section (weird stains on the seats included)

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Getting worse and worse

Sharply down this quarter end - Liberation Day looking more like Demolition Day.

Polish market also down after a pretty good March. Britain is about the only market performing ok this week

Won't get better until inflation gets better

Travel / About cars, electric and combustion in Poland. [162]

With cars it always was a level playing field - there were no tariffs in either direction and so it came down to consumer choice

American cars were not popular in crowded Europe and Asia - too big and too much fuel needed.

News / Nukes and Poland's Neutrality [105]

Not my business - if you don't like it write to your congressman

News / Nukes and Poland's Neutrality [105]

Golden Cow's latest idea is that the US will develop some new overpriced fighter, the F-47 (named after himself) but a special worse export version will be made.

Luckily not one grosz of our taxes will be spent on this because of course nobody will buy that POS

News / Building regional alliance to stabilize Eastern Europe. [236]

Definitely we should think about an operational plan with the Czechs and Romanians - the two other countries in this region that are economically developing and would be able to supply manpower and weapons. i think a coalition of the 3 plus our Baltic friends would be enough to beat the NNNs in a conventional war.

That's why it's important to keep Putler's filthy murderers hands off Romania

History / Why Poland is not Russia [260]

If by woke ideology you mean bathroom stuff - yes it might have got out of control

If, like many Trump voters you mean old whites sharing power with women and ethnic minorities, that will not be going away. I'm not sure if they will use their economic power or political power, but they are too numerous to defeat

In any case that's an internal US issue - I'm not sure why in conjunction with that they decided to upset everyone else on the planet - Canadians, Brits, Europeans, South Africans - all natural allies who shared the same values, drink beer and like free markets.

Only people they are nice to - Srusgoblinia and Israel