I have been taking great interest in the stock market lately, I also thankfully possess strong analytic skills, would getting into the stock market be a good start for me? Is the analysis of an INFJ strong enough to breakthrough in the stock market, the same way it does in other fields? I have noticed over the years I have good analytical skills in lots of issues but the only I haven't really touched is the stock market and the economy in general; I mean I have general knowledge on it but not in depth
Im just here to hear your guys's suggestions because this is something I have always been hesitant to start doing it
Now may not be the best time to start doing it with real money. You could start following it and keeping track with trial investments or something, before you use real money too. There are places that will let you do that I think, if you don't want to keep track of it yourself.
This question is irrelevant, I know it from personal experience. Do not go with the idea that INFJ's are there psychic people lovers, who are wonderful and must evolve mankind to the next spiritual level. You are a normal human being with variable Jungian Cognitive functions, that can be developed in one way or another. Right now you are an INFJ, what are you going to be tomorrow. To be fairly honest with you, I myself might not be INFJ anymore as well.
This question is irrelevant, I know it from personal experience. Do not go with the idea that INFJ's are there psychic people lovers, who are wonderful and must evolve mankind to the next spiritual level. You are a normal human being with variable Jungian Cognitive functions, that can be developed in one way or another. Right now you are an INFJ, what are you going to be tomorrow. To be fairly honest with you, I myself might not be INFJ anymore as well.
Well yesterday was a perfect example of turbulence in the stock market. I understand you all have a limited amount of time and all! But why discourage this young INFJ with disparaging uninteresting comments. There is a TON to learn about the stock market, many do it! There is a lot to be gained here too, like a healthy view of how the economy functions and changes.
So let's make this a thread about detailed study of the stocks & bonds market! :bump2:
Well yesterday was a perfect example of turbulence in the stock market. I understand you all have a limited amount of time and all! But why discourage this young INFJ with disparaging uninteresting comments. There is a TON to learn about the stock market, many do it! There is a lot to be gained here too, like a healthy view of how the economy functions and changes.
So let's make this a thread about detailed study of the stocks & bonds market! :bump2:
Because they would be better off investing in gold, silver or other tangible assets at the moment
Those with the insider knowledge create a bullish market and then at some point when people like you have your money invested in it they dump their stocks leaving you with a load of worthless crap
Buy silver and gold and then laugh in the face of turbulence!
make sure you hold the gold/silver though, don't store it in the banks as they will seize it when the next housing bubble pops!
I have been taking great interest in the stock market lately, I also thankfully possess strong analytic skills, would getting into the stock market be a good start for me? Is the analysis of an INFJ strong enough to breakthrough in the stock market, the same way it does in other fields? I have noticed over the years I have good analytical skills in lots of issues but the only I haven't really touched is the stock market and the economy in general; I mean I have general knowledge on it but not in depth
Im just here to hear your guys's suggestions because this is something I have always been hesitant to start doing it
Study economics. If you dig economics then go for studying it further in the stock market. Many areas and options for INFJs in that arena. The only downside maybe if you go into trading which is stressful regardless of your type. But i think many nice behind the scenes analytic position and they get paid well.
Mark this day on your calendars. The Dow is at 16974, the S&P 500 is at 1982 and the NASDAQ is at 4549. From this day forward, we will be looking to see how the stock market performs without the monetary heroin that the Federal Reserve has been providing to it.
Since November 2008, the Fed has created about 3.5 trillion dollars and pumped it into the financial system. An excellent chart illustrating this in graphic format can be found right here. Pretty much everyone agrees that this has been a tremendous boon for the financial markets.
As you will see below, even former Fed chairman Alan Greenspan says that quantitative easing was "a terrific success" as far as boosting stock prices. But he also says that QE has not been very helpful to the real economy at all. In essence, the entire quantitative easing program was a massive 3.5 trillion dollar gift to Wall Street. If that sounds unfair to you, that is because it is unfair.
So why is the Federal Reserve finally ending quantitative easing?
Well, officially the Fed says that it is because there has been so much improvement in the labor market...
The Fed's language, however, did suggest that they were getting more comfortable with the economy's improvement. It cited "solid job gains," citing a "substantial improvement in the outlook for the labor market," as well as pointing out that "underutilization" of labor resources is "gradually diminishing."
But that is not true at all.
The percentage of Americans that are working right now is about the same as it was during the depths of the last recession. Just check out this chart...
So there has been no "employment recovery" to speak of at all.
And as I wrote about yesterday, the percentage of Americans that are homeowners has been steadily falling throughout the quantitative easing era...
So let's put the lie that quantitative easing helped the "real economy" to rest. It did no such thing.
Instead, what QE did do was massively inflate stock prices.
The following is an excerpt from a Wall Street Journal report about a speech that former Fed chairman Alan Greenspan made to the Council on Foreign Relations on Wednesday...
Mr. Greenspan’s comments to the Council on Foreign Relations came as Fed officials were meeting in Washington, D.C., and expected to announce within hours an end to the bond purchases.
He said the bond-buying program was ultimately a mixed bag. He said that the purchases of Treasury and mortgage-backed securities did help lift asset prices and lower borrowing costs. But it didn’t do much for the real economy.
“Effective demand is dead in the water” and the effort to boost it via bond buying “has not worked,” said Mr. Greenspan. Boosting asset prices, however, has been “a terrific success.”
Moving forward, what did Greenspan tell the members of the Council on Foreign Relations that they should do with their money?
This might surprise you...
Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.
Since November 2008, every time there has been an interruption in the Fed's quantitative easing program, the stock market has gone down substantially.
Will that happen again this time?
Well, the market is certainly primed for it. We are repeating so many of the very same patterns that we saw just prior to the last two financial crashes.
For example, there have been three dramatic peaks in margin debt in the last twenty years.
One of those peaks came early in the year 2000 just before the dotcom bubble burst.
The second of those peaks came in the middle of 2007 just before the subprime mortgage meltdown happened.
And the third of those peaks happened earlier this year.
You can view a chart that shows these peaks very clearly right here.
The Federal Reserve appears to be confident that the stock market will be okay without the monetary heroin that it has been supplying.
We shall see.
But it should be deeply troubling to all Americans that this unelected, unaccountable body of central bankers has far more power over our economy than anyone else does. During election season, our politicians get up and give speeches about what they will "do for the economy", but the truth is that they are essentially powerless compared to the immense power that the Federal Reserve wields. Just a few choice words from Janet Yellen can cause the financial markets to rise or fall dramatically. The same cannot be said of any U.S. Senator.
We are told that monetary policy is "too important" to be exposed to politics.
We are told that the independence of the Federal Reserve is "sacred" and must never be interfered with.
I say that is a bunch of nonsense.
No organization should have the power to print up trillions of dollars out of thin air and give it to their friends.
The first step is to get in there and do a comprehensive audit of the Fed's books. This is something that U.S. Senator Ted Cruz called for in a recent editorial for USA Today...
Americans are seeing near-zero interest rates on their savings accounts while median incomes are falling, and millions of people are facing higher gas prices, food prices, electricity prices, health insurance prices. Enough is enough, the Federal Reserve needs to open its books — Americans deserve a sound and stable dollar.
Whether you agree with Ted Cruz on other issues or not, this is one issue that all Americans should be able to agree on.
If you study any of our major economic problems, usually you will find that the Federal Reserve is at the heart of that problem.
So if we ever hope to solve the issues that are plaguing our economy, the Fed is going to need to be dealt with.
Hopefully the American people will start to send more representatives to Washington D.C. that understand this.
IMO, the INFJ's keen ability to predict the movements of other people (esp. when driven by fear or greed, here), in addition to their analytical prowess, are their strongest assets in beginning to navigate the stock market (or economic markets in general).
I strongly suggest studying game theory at a deeper level.
