Unchained Preppers
General Category => General Discussion => Topic started by: Nemo on December 09, 2023, 08:32:24 PM
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Likely near double earnings of general market numbers.
Nemo
https://www.dailymail.co.uk/news/article-12839125/congress-stock-market-nancy-pelosi.html (https://www.dailymail.co.uk/news/article-12839125/congress-stock-market-nancy-pelosi.html)
Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as market average and Nancy Pelosi's portfolio has grown by 50 PERCENT in 2023
A tool which mimics the trading activity of Congress members has gained 21 percent in the past year, performing twice as well as the stock market average
A separate tracker which follows trades by Nancy Pelosi reveals her investments have increased by 50 percent in the past 12 months
In some instances, members of congress have bought into companies just days before their prices have boomed, earning them tens of thousands of dollars
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I never knew it was possible to track their investments. I wonder how long it would take to transform $20 into $2 million by following their investments? A year or two??? ;D
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Hmmmm! I can make more money from my insider knowledge than I can from my position's salary? Who knew.
Only problem with us plebes cashing in likewise is the "time lag" - those days/weeks between our "Leader's" trades and the reporting requirements which reveal them.
They be "front-running" stocks (where the biggest money comes), we be picking up the crumbs because our trades are weeks stale on otherwise "actionable" information/insights.
The idea of "if you can't beat 'em, join 'em" sounds great.
I'd like to know if "joining" after reporting time gaps returns anything like what the crooks manage...
For surely, I could sure use better returns!
Alternatively, might be more profitable to profit handsomely by getting elected and joining the Swamp's ranks directly.
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So who from here can we get nominated and elected to sneak out good insider info to us so we can all be rich?
And get it done before things go south everywhere.
Nemo
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I like the way you think, Nemo.
Trouble is...who here is willing to actually go live in DC, cheek-to-jowl with that teeming reservoir of scum?
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JM and I are closest but I have some health issues. I nominate him!
PK is not too far way and he is in the running, but I know he is a complete NFW.
Nemo :shitStorm:
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heck, a small baggie of coke will by most any info you ask for in dc, no need to get elected...
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Bwahahaha..... Years ago, I used to love to take the family to DC and see the sights. Today, you couldn't get me to go there even if you held a gun to my head. The governing body is made up of 10% naive patriots and 90% raw sewage.