Pig, here’s a tip. Don’t look at a one month chart, or six month or one year chart. Look at a ten or twenty or forty year chart. You’ll see you aren’t broker, you’re richer, much richer.
‘Broker’ sounds so much better than ‘parasite preying on the clueless’. Don’t get me wrong, there are some really good and well meaning brokers out there. Finding them is the hard part.
Many commentors here have it right. History has shown over the long run stocks always trend up. Lows as they are right now are actually a good time to purchase stocks (if you have the money). Patience always wins out. If you have none then you really should not be in the stock market at all.
Yeah, but broke is an absolute term; there is no broker (as a comparative) or brokest. Just like there’s no deader (never mind expressions like deader than a doorknob). Poorer, maybe. Broker, no.
But don’t sell on the dip; all that does is lock in your losses. If your timeframe is long, ride it out. If you’re nearing retirement, one hopes you already had your investments in safer vehicles that are less affected by volatility.
I went through two financial analysts after I retired. Both showed me the Stock Market growth since it began. This math major and engineer said, let’s see a bunch of 30-year intervals (about a generation, and maximum lifetime average for most retirements). They avoided 1929, and would now also avoid 2008 (when almost no bankers went to prison) and what’s coming. All they said was, “Grumble-grumble-grumble….” Also, neither would admit what THEY made off my investments. FUBAR
Why is the 14-letter word beginning with a cry and ending in a ncy used for Bitcoins and their ilk on GoatKomixs banned list? Every time I’ve tried to use the word in a sentence, I’m being blocked by the censorious Overlords!
This is why most people are better off investing in a low-cost, index-based Target Date Fund. Vanguard, Fidelity, and Schwab all offer good options. That gives you a fully diversified portfolio that steadily becomes more conservative as the date approaches that you expect to start withdrawals.A broker who makes stock picks for his customers is so behind the times, he’s not even a dinosaur, he’s an anaerobic bacterium.
BE THIS GUY over 2 years ago
Nobody made you buy anything. It’s your responsibility to make sure you’re making a sound decision.
BasilBruce over 2 years ago
So if I put my wallet into an elevator, I’ll be rich?
Bilan over 2 years ago
Pig, you were supposed to sell when it dropped. That way, they get another commission.
But the #1 rule of brokers, if you’re not already rich, they don’t care about you.
Dillithamir over 2 years ago
The timing of this is uncanny…
enigmamz over 2 years ago
Scott Van Pelt, once again the Antagonist of this strip.
DennisinSeattle over 2 years ago
All of us who have stocks can get certified as broker these days.
NavalHistorian over 2 years ago
Has Pig never seen a Loony Tunes cartoon?!? Never do business with Acme!
josballard over 2 years ago
My 200 shares of Horse and Buggy Whips have stabilized.
Bullet Bronson Premium Member over 2 years ago
Pig, here’s a tip. Don’t look at a one month chart, or six month or one year chart. Look at a ten or twenty or forty year chart. You’ll see you aren’t broker, you’re richer, much richer.
Of course, that’s not nearly as funny.
Doug K over 2 years ago
Your broker makes you broker. You in turn, as broker, make someone else broker … who makes yet another person broker …
blunebottle over 2 years ago
For every winner, there’s a loser.
AndreasMartin over 2 years ago
‘Broker’ sounds so much better than ‘parasite preying on the clueless’. Don’t get me wrong, there are some really good and well meaning brokers out there. Finding them is the hard part.
iggyman over 2 years ago
Those who have stocks in your 401K or TSP know what Pig is talking about these days!
gsawyer101 over 2 years ago
To paraphrase Bullet Bronson: You don’t loose a dime if you don’t sell. Hang on the market will be back.
Ermine Notyours over 2 years ago
Hey Pig. If you need to wallpaper a room, now you’re covered.
cdward over 2 years ago
Hey, if you’re gonna gamble…
Mugens Premium Member over 2 years ago
Many commentors here have it right. History has shown over the long run stocks always trend up. Lows as they are right now are actually a good time to purchase stocks (if you have the money). Patience always wins out. If you have none then you really should not be in the stock market at all.
Gent over 2 years ago
Stock markets is for bulls and bears. Not for pigs.
JudyAz over 2 years ago
“Broke” is like “unique” or “pregnant”. Either you are or you aren’t. There is no relativism.
ekw555 over 2 years ago
I will be richer later.
I can wait.
tripwire45 over 2 years ago
Maybe it has to do with the economy.
Uninspired Artist over 2 years ago
hi
txmystic over 2 years ago
old joke…
WaitingMan over 2 years ago
I’m feeling serious schadenfreude (wow, got the spelling right on the first try) over people who bought Bitcoin at 60K.
Ellis97 over 2 years ago
No more puns!
Zebrastripes over 2 years ago
If someone sneezes, the “ brokers” panic and stocks plunge….
rshive over 2 years ago
Advice is cheap. The good variety, a bit more expensive.
Linguist over 2 years ago
Hey, Mr. Pig, how’s all those bitcoins you bought workin’ out for ya?
CaveCat87 over 2 years ago
When they call them brokers, they weren’t kidding.
Goat from PBS over 2 years ago
Perhaps Pig should invest in Bitcoin. I guess-timate that paper money will be extinct in a decade or so. (Though I kinda hope not)
Carl Rennhack Premium Member over 2 years ago
Joe Kennedy Sr. realized it was time to get out of the market when his shoeshine man tried to give him a hot tip!
Croc Holliday over 2 years ago
Yeah, but broke is an absolute term; there is no broker (as a comparative) or brokest. Just like there’s no deader (never mind expressions like deader than a doorknob). Poorer, maybe. Broker, no.
But don’t sell on the dip; all that does is lock in your losses. If your timeframe is long, ride it out. If you’re nearing retirement, one hopes you already had your investments in safer vehicles that are less affected by volatility.
Cerabooge over 2 years ago
A classic.
Mel-T-Pass Premium Member over 2 years ago
We have been doubly pun-ished. Economically, and comically.
old_geek over 2 years ago
“I’m not broke, just badly bent”
198.23.5.11 over 2 years ago
Invest in the big food companies.No matter how bad things get,people won’t stop eating
KEA over 2 years ago
The Stock Market is just gambling
zeexenon over 2 years ago
I went through two financial analysts after I retired. Both showed me the Stock Market growth since it began. This math major and engineer said, let’s see a bunch of 30-year intervals (about a generation, and maximum lifetime average for most retirements). They avoided 1929, and would now also avoid 2008 (when almost no bankers went to prison) and what’s coming. All they said was, “Grumble-grumble-grumble….” Also, neither would admit what THEY made off my investments. FUBAR
pearlyqim over 2 years ago
For sure!
Linguist over 2 years ago
Why is the 14-letter word beginning with a cry and ending in a ncy used for Bitcoins and their ilk on GoatKomixs banned list? Every time I’ve tried to use the word in a sentence, I’m being blocked by the censorious Overlords!
ViscountNik over 2 years ago
“Ooooooh! I get it now! You’re bookies!” – Billy Ray Valentine
Agapostemon over 2 years ago
This is why most people are better off investing in a low-cost, index-based Target Date Fund. Vanguard, Fidelity, and Schwab all offer good options. That gives you a fully diversified portfolio that steadily becomes more conservative as the date approaches that you expect to start withdrawals.A broker who makes stock picks for his customers is so behind the times, he’s not even a dinosaur, he’s an anaerobic bacterium.
knight1192a over 2 years ago
Shoulda known from the company’s name.
rrt1285 over 2 years ago
Unless you’re in an IRA or 401K then your options are limited on when you buy and at what level.
Sisyphos over 2 years ago
I was so tempted to send this to my financial advisor, but she’s really much better than that. Still, stocks are way down this year….
Uncle Kenny over 2 years ago
Aren’t these written, like, six months in advance? How can it be so topical?
Laurie Stoker Premium Member over 2 years ago
Dammit, Stephan! You could have run this particular strip a couple of years ago!!!!!
dexterwhite over 2 years ago
The market goes up and the market goes down; get used to it or go to CD’s.
Swirls Before Pine over 2 years ago
You have to buy your stocks from a broker named Rich in order to break even