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why do you invest in paper assets?

A

Anarchist420

Diamond Member
is it because it is practical? is it because it doesnt require outside the box thinking? is it because it carries the least risk? is it because it requires the least amount of work? is it because too many people think the paper is worth more than what it is exchanged for?

is it because you can just have one person manage it for you rather than having, for example, gold and having to store it in your home and then having to put your fart-stained underpants over it when you have painters, carpenters, or other handymen come to your house (so it doesnt get stolen)?

is it because too many people are too lazy, too unskilled, or to conservative/traditionalist to upgrade and keep, say, rental properties nice looking, smelling good, frequently upgrading the quality of it, and customizing it to the renters' preferences rather than just keeping it in decent shape?

isnt a legislated and centrally enforced monopoly on money really best for people who lack imagination and who dont want to make one mistake? is it because many people will make the same mistake again?

i was asking, because i think legal tender serves those who lack imagination and intelligence (i.e., people like me who arent mentally quick enough to not get tricked) and wall street banksters... wall street banksters simply recycle their own waste and they are dependent on the State to force everyone to accept the same tired, common, old money (that only becomes older and more common/less precious as time goes on) that was made neither by labor nor imagination, but exists because they get hard when someone smart makes something that most people love.

of course, i asked also because in case you think i was thinking wrong... i am open to explanations as to why the answers to my questions are not all the "yes".
 
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
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fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
fart-stained underpants fart-stained underpants
 
I've never seen the "fart stained underpants" defense used before... I kinda like it. It would work well in the P&N forum or in those video card fanboy flamewar posts.
 
Anarchist420 said:
is it because too many people are too lazy, too unskilled, or to conservative/traditionalist to upgrade and keep, say, rental properties nice looking, smelling good, frequently upgrading the quality of it, and customizing it to the renters' preferences rather than just keeping it in decent shape?
Click to expand...

Pick your battles.

Everyone only has 24 hours in a day. 8 of those are spent sleeping. 4 of those are spent cooking, eating, showering, commuting, etc. So that leaves you with 12 hours of usable time, dependent on available energy, work, school, family time, hanging out with friends, playing video games, etc. If you can push your dollar through a paper investment system to get an increase without actually having to be on-site somewhere fixing say a rental property, then that makes a lot of sense because that frees up your time (arguably the most valuable resource available). Not everyone wants to deal with tenants, either.

Physical trading made a lot more sense in the old-school world, but now that we have billions of people running around the planet, well, it's not the Hunger Games anymore. We've decided on a standard of exchange currency so that we can go on with our lives. I really don't want to have to figure out how many goats I need to trade for an iPhone; I'd rather fix computers all week at work, get a paper dollar, and then spend that on someone else's product.

I don't think it's something you have to look down on, either. It's a valid system. Unless you're living in the woods and have to survive on captured & grown food, having a paper/digital exchange system makes a whole lot more sense. Different people are good at different things. Some people are good at plumbing, some people are good at finance & banking, some people are good at farming or computers. It makes sense to have a common exchange system.
 
Does the op know anything about finance? There is nothing lazy about it. It is incredibly complicated and creative from a business perspective. Also, doing homework on the proper "paper" investments can take a lot if effort.

I'm probably feeding a troll. Do the underpants protect against trolls too?
 
Drekce said:
Does the op know anything about finance? There is nothing lazy about it. It is incredibly complicated and creative from a business perspective. Also, doing homework on the proper "paper" investments can take a lot if effort.

I'm probably feeding a troll. Do the underpants protect against trolls too?
Click to expand...

Yes, they do.
It's the gnomes you have to watch around underpants.
 
Would it be bad to guard my pie with fart stained underpants?

What if I outsourced using toilet bowl fiat to subcontracted fart stainers to guard all my pies?
 
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Because holding all my assets as physical wealth would be ridiculously impractical.

Op, sometimes you just have to play the game by the rules everyone else is using whether you agree with them personally or not.
 
monkeydelmagico said:
You can pay them with pie.
Click to expand...
You know...

If stock market prices were shown as a series of daily pies instead on line graphs the average person might have a better understanding of bubbles.

Yesterday this company was this big. Today it is THIS BIG. From yesterday to today, nothing changed but the size of the pie.
 
By paper assets you mean forever stamps? I bought 1 million of them a while back for $460,000. Now that they are going up to $.49 that's going to be worth $490,000.

I'm up $30,000 already. I can't lose!
 
OP, if you refuse to engage in the social contract that most of us agree to in that state issued fiat currency is a valid form of direct payment, that is your prerogative, but have you ever stopped to consider why most of us happily live in this "fantasy world" as you see it while you are reportedly locked up in an institution? My dollar is worth something because everyone around the planet agrees it is worth something. Does that not make it more valuable than gold, given that most people would look at me like I'm crazy if I handed them gold as payment, and if they did accept my gold the first thing they would do is exchange it for dollars. When it comes to the most basic pillars of our society, ie you wear pants when you are out in public, you dont throw shit at random strangers, and the dollar is the standard and most widely accepted form of currency in the US, I dont try to be different just so I can feel cool or unique. It is much easier to just accept it and go about your life. You'll be much happier for it.
 
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