No new millionaires come from stock market in 2020/2021

[cheezcarls]

Everyone has their own personal opinions like this one, and we have to respect it. For me, I envisioned that most of the investors who are into stock trading may consider switching to crypto in a few years from now. There are still some who can make millions in stocks, but it will be fewer than before.

[pealr12]

Don't compare stock to crypto, in crypto it is very easy for someone to be a millionaire within few days if you invest in the right project at the right time, but in stock such achievement can never happen because as we all already know stock is highly regarded and unnecessary pump don't usually occur.

[sapnu]

Stock market is a different gamble compared to crypto market. One can be a millionaire within just a few months through great timing and proper holding in crypto while in the stock market, their fortune would rely on many people first before the stock rises. Considering the occurence of the pandemic, the stock market went down real hard ever since and many people took the opportunity to buy stocks while it is still low. If ever things get better for the world in the next few months or years, those who handled their stocks well can be millionaire easily in just a matter of short span of time.

[SaiyanSS3]

>>
>I believe it has been like that for a while, there hasn't been any new super rich people because they bought some stock and that has been true since the 2008 crash, before that there were few here and there but there are none now.
the new narrative of calling everything is rigged is without a doubt. It rigged in this way to make stock market in this way, no millionaires could ever come from stock market is also part of the rigging, making the billionaire even richer is also part of the rigging, crypto is also part of the rigging. The rigging is obviously here, it would continued to rig the market for the coming next 100 years and more.

>You are not going to suddenly become super rich, sure if you have 500k dollars in stocks then in a few years you could have a million dollars that's true, but nobody in the world would get in with 10k dollars and have a million dollars in a year, that was never possible for the past decade and will not be in the future ever again neither.

dont you realise it is all rigged in this way to give you no hope of getting rich in stock market? Millionaire is not created in a rigged market. Millionaires come from an unregulated market, it’s always in this way, regulation is the billionaires best ever weapon to protect their wealth!

>That is where crypto comes in, if you put in 10k dollars into crypto you can turn that into a million dollars if you are lucky, sure it requires you to make one super trade and earn like x10+ and more first, then make a few other investments and hope that one of them would hit once again as well, tough chance but still possible.
billionaire definitely hate crypto that create new millionaires as they dislike their wealth being challenged by new disruptive force, they would never let crypto outgrow their influence!
>>
>This does not necessarily mean that there won't be in the coming years. Those that are into it already know about it and I think they are dealing well with it. Every investment as what it comes with and what it entails
I’m outta here, good luck and still having faith on stock market and your millionaire dream come true!

>>
>The ones who made money on stock markets before this recent surge are the ones who will make money in the future. It's literally hard to make millions on stock market today if you are only starting, even if you already have the capital and the experience to back you up, though it is still possible with an insane amount of luck.
it’s full of bs, I’d hate to refute bs like this! Skip to next!

>Most millionaires produced in recent years are from cryptocurrencies, and if that doesn't make people think twice about investing in heavily-advertised "blue-chip stocks" and other premium options, I don't know what will.
crypto is very risky and volatile, which do not in parallel with those billionaire narratives and mindset, they generally want something very secure and stable return, and they often get used to fixed income, these are those people who would never get the appeal of crypto and they even hate new millionaires are being created in a way that they are least expected, they hate being not able to create new millionaires having the same mindset and talk the same narratives like what they taught them! Fascinating!

>>
>guarantee you there are hundreds or even thousands and thousands of new millionaires around the world. Millionaires are made in volatile markets because they use leverage and go long or short. If the stock market was only one thing in the last two years (20/21), it was full of volatility. The crash when the pandemic began and the recovery. So many new millionaires for sure!
you talk about leverages? I had bad news for you, a lot of sacrifices are made to produce a handful of millionaire, however it does produce millionaires no doubt, but why?

[Silberman]

This is @op personal opinion, probably he tried to make something from stock and couldn't achieve the goal, stock is highly regulated is why you can hardly see whales pulling shit stunts on poor investors like what Elon and his cabal of whales have done so far, unlike crypto where anyone or group or people can pump and dump the market, that can't happen in stock, maybe you need time in stock to get to that level you are aiming for.

I do not know what could have made the OP think that something like this is remotely possible, yes this market is getting more popular by the day and that is great thing but that does not mean the stock market is not going to keep helping people make money, in fact one of the reasons this bull market went so high and lasted for so long has to do with institutional investors which come from the stock market, so it is obvious both markets are reinforcing each other and I think this is going to continue for a long time.

[SquallLeonhart]

There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
All the millionaires are made from the unregulated stock market is now all dead.

In a season like this, I would assume that there would be some new millionaires made from this. There has been a good amount of stocks that made a good amount of profit during this period, tesla and amazon comes to mind as the most big earners but I am sure there has to be some big pharma companies that made a lot of money as well.

This is why I think it is going to be really cool to see who made how much but we are talking about few hundred thousand dollars turning into over a million dollars thanks to stock increases in most of the big names. Surely there has been a ton of companies like airlines for example that didn't made any profit at all and that is why I do not think that it would make a difference, some lost some money and some earned some money and there were few that lost almost everything and some lost everything they owned.

[Freezingel]

Other than that, it's hard to be a new millionaire since the price doesn't went up that drastically now. Unlike before, when bitcoin is like... really low then suddenly went as high as it can, and many people forgetting about their coins too, which made them become millionaire without even realizing, or without any effort. But now, things change. I guess when the price skyrocketed back in january through march, it might be possible that new millionaire might appear, since the price was really crazy. However, it will be less likely than few years ago.

[Lorence.xD]

Here's a link that is going to refute your claim which is pretty stupid to be claimed since you have no data to back up the claim. Also, how are you so sure that stocks can't make millionaires when a lot of investment companies are making their billions out of it.

[Pamadar]

Stock market is a different gamble compared to crypto market. One can be a millionaire within just a few months through great timing and proper holding in crypto while in the stock market, their fortune would rely on many people first before the stock rises. Considering the occurence of the pandemic, the stock market went down real hard ever since and many people took the opportunity to buy stocks while it is still low. If ever things get better for the world in the next few months or years, those who handled their stocks well can be millionaire easily in just a matter of short span of time.

To those who already understand how stocks works, this kind of opportunities should never missed out.

There are different overviews with different types of traders, you can't generalized what's inside those people who works inside stock market
as even the market is falling there some who can managed to bring out something decent,
Patterns and strategy always relied with how traders works and most of the time they manage to work it out in the right timing.

[TheGreatPython]

Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.

But, what on earth would make you think that you’re going to becoming a millionaire by investing just $300 in the stocks market? How is that even going to be possible? If anyone is going to be telling you that, then you shouldn’t believe them because it’s all lies and it’s near impossible to work.

The profit that comes from stock market is really small and for you to make something reasonable from it you will have to also invest a reasonable amount and that’s what makes your profit to be bigger. But I don’t believe that there haven’t been millionaires from the stock market, it’s not everyone that makes noise about their earnings, and you don’t even have any proof about what you have said.

[SaiyanSS3]

>>
>We can safely say that the gold rush is over and the stock market is slowly becoming more like a day job or something you do to earn more money, rather than a main form of income that will help you rack in millions upon millions of dollars.
it does change from “a day job that you can make some money” to “despair and hopeless”, make me wanna puke.

> But despite this, the potential to earn in this environment and industry is still promising, so to quit on stock just because you can't get a million just trading isn't really logical.
you don’t quit because it’s your comfort zone? Is it very comfortable and still worth to be sticking with them?

>>
>What they don't realize is that crypto appears to be created to correct what is wrong in the stock market.
i don’t think crypto change the stock market, crypto is a continuation of the investment revolution, we go through few stage from stock market, to forex, to commodity to crypto, just to recall if you have short memory.

>Look at the Hertz Car Rental company which filed a bankruptcy lately but the stock market of it was dumped by its owner leaving the investors buying a lot of it because they think what they got is a discounted investment. Little did they know it was already bankrupt.
there is a data showing only 4% of all total listed company make some money or they grow bigger, the rest of them are going out. 4% is a amazing number!

>>
>You are either clueless yourself about the stock markets or trying to make a silly point. There are quite a few stocks that have actually raised in price faster and higher than bitcoin in the last year.
yup there is, few of them especially the one that pump by the billionaires. However no millionaires was made from that pump because “they took our millions” applicable to the weak holders who sold at the low price.

>However people keep thinking that the stock market cannot give surprises and moves slowly. That is absolutely wrong. Share such as Gamestop, Rebubble, Endor AG could have made you a millionaire if you know when to buy an particualrly if you know how to buy or sell leveraged or by using options or warrants to reach higher multiple power.
it does strengthen my point, no millionaires are made from stock market, because to time the market perfectly as to make a million from Gamestop, Rebubble, Endor A, practically impossible for a normal human being, it’s an inevitable.

>>
>Generally the global situation does not affect the stock market quickly Your idea is wrong and the market makes more money by investing
may be you’re wrong but not me?

>new millionaires from the stock market however this situation has created new investment opportunities. I think this is the right time to invest in the market this is because some stocks do not exist and the macroeconomic issues are already reflected and prices have fallen even lower. Those stocks are a good opportunity to invest in the market now if one chooses to invest.
not again, good luck on losing money

>>
>You don't even have a data to back up your claim that there was no newly minted millionaire from the stock market
yup no data, just a baseless assumption, but it’s happening. I know a lot of businesses going bust in the crises, I’m ready to listen to you and tell me the millionaires that survive that crises.

>so I don't think that there is no such thing as no new millionaire, remember that there was the Gamestop fiasco and if you made the right investment at that time there, you could've been a millionaire.
btw Gamestop create a lot of losers, one fund is losing few billions to... no one know who the money goes to? My guess is those money goes to the brokers?? So the broker become millionaire?

[SaiyanSS3]

>>
>ye few years back I just found out that passive income is kind of bs in stock market if your investment is small,

>what makes me pissed off though when some people keep shouting as if investing in stock is the only way we can get rich, the truth though we just becomes a food for the whales.
these are the people who are broker mesmerising investors that spam all over the internet to cultivate a mindset of investing for retirement, although non of us have much suspicious since their acting are top of the line. If we think carefully, they’re the one who work for and have a lot of free time while most of the other professionals have their hand full of workload, who else would waste their time to advertise investment except brokers themselves??

>BUT, i don't think stock market gonna stop making new millionaire in the future if what you trying to find is some highly speculative stock or a pump and dump stock the market isn't deficit from any of those,
not gonna change my mind


>just if you want to find a highly potential company it's like finding needle in a haystack, so many
overhyped company that gets big chunk of investment (remember that one overhyped coworking provider company?) and I think thats also why fewer new millionaires produced from stock investment.
there is many whom is from hero to zero that I can tell you.

>>
>This is only a personal opinion as he doesn't even include the source to support his claim, I don't think that millionaires are now all in cryptocurrency,
no source, there isn’t one millionaire, so there isn’t any source.

>there are still so many millionaires who are still investing in stock, not just because we believe in bitcoin and we know the potential of bitcoin, investors would leave stock,
millionaire in the stock, from hero to zero, countless of them.

>there is still a huge opportunity in stock but still the better place with cryptocurrency. This is what cryptocurrency is, bitcoin and altcoins are created for a good investment and that is why a lot of people now are investing in it.
regulation on crypto would reverse the gain. Because the regulation is all about reversing the once unregulated, manipulating to fixing the winner and loser, predetermine a set of rules that stop anyone from instant riches.

>>
>Everyone has their own personal opinions like this one, and we have to respect it.
whatever I would appreciated open minded discussion.

>For me, I envisioned that most of the investors who are into stock trading may consider switching to crypto in a few years from now.
the next few years would have a brand new unregulated market just like from stock market to forex to commodity to crypto, I don’t think smart money will go to crypto which is very huge right now.

>There are still some who can make millions in stocks, but it will be fewer than before.
this is pure bs

>>
>Don't compare stock to crypto, in crypto it is very easy for someone to be a millionaire within few days if you invest in the right project at the right time,
there might be a few millionaires in crypto, but none on stock market.
>but in stock such achievement can never happen because as we all already know stock is highly regarded and unnecessary pump don't usually occur.
stock market does made millionaire once it’s unregulated, but everything is in the reversal after the regulation kicked in, I’m suspecting regulation is the final nail to reverse the once Wild West market. Btw I can’t tell you much more., it’s purely my own speculation.

[palle11]

Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.

Is nice that you mentioned Amazon here. You seem already to know Amazon stocks is valuable and as you know in 2020 that Bezos was made millionaire when the stock of Amazon jumped at a time when bitcoin adoption was just growing

Like the story here

The secret behind Bezos’ financial triumph is simple. The billionaire CEO has made the same $81,840 salary for two decades. But the bulk of his vast fortune is tied to the 57 million shares of Amazon stock he owns—worth $180 billion.

The record can repeat

For the years you mentioning, I don't see any reason people won't be made rich from hodling stocks of institutions now that many of such institutions are buying into bitcoin directly and that would attract stock investors who are scared to invest in bitcoin to now invest in stocks of those institutions

[ahsanif]

the richest people in the world the majority of their assets are from company stock, of course not all of them are in the form of money and dominated by securities or property

[Silberman]

Other than that, it's hard to be a new millionaire since the price doesn't went up that drastically now. Unlike before, when bitcoin is like... really low then suddenly went as high as it can, and many people forgetting about their coins too, which made them become millionaire without even realizing, or without any effort. But now, things change. I guess when the price skyrocketed back in january through march, it might be possible that new millionaire might appear, since the price was really crazy. However, it will be less likely than few years ago.

The thing is that as the price of bitcoin keeps increasing it is getting more and more difficult for people to get the same profits not only because bitcoin is not growing as much as it did back then but also because now they can only buy very small portions of a bitcoin, even if you did not entered the market as soon as it was created there was a time in which you could have bought a bitcoin for just a couple hundred dollars and now that amount buys you only a small portion of bitcoin making your path harder than before.

[SquallLeonhart]

Is nice that you mentioned Amazon here. You seem already to know Amazon stocks is valuable and as you know in 2020 that Bezos was made millionaire when the stock of Amazon jumped at a time when bitcoin adoption was just growing

Like the story here

The secret behind Bezos’ financial triumph is simple. The billionaire CEO has made the same $81,840 salary for two decades. But the bulk of his vast fortune is tied to the 57 million shares of Amazon stock he owns—worth $180 billion.

The record can repeat

Please stop trying to show the billionaires as heros and great business people, they are the leech of our community that takes more than they give and that is why they are that rich. Did you followed up on the Union talks of Amazon workers and what happened to them? There were even threats of firing the union workers which is 100% illegal but that is why they said it in a cheeky manner to deny it, amazon workers work so much that they have to go to bathroom meanwhile working and amazon thinks they should not but then put insane working conditions so they would have to be punished if they go to a bathroom break so what should the workers do?

At the end of the day this dude managed to even get tax payers pay for his workers, how? Well, he pays them so little that people who work for him apply for food stamps and help from government and tax payers pay those workers the extra money they need to survive. Basically Jeff Bezos is not rich because he is taking 81k per year, he is rich because he abuses peoples desperation.

[teosanru]

There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
All the millionaires are made from the unregulated stock market is now all dead.

Those clueless billionaires think they can regulate all they want and they dislike gamblers who could do harm to stock market, they’re thinking they don’t need us to help making them the richest man, I think they’re so dumb they’re no coiner and actually is very poor.

Yes, fiat would be used to continue to probe up all blue chip, those are making the rich people richer but not create new millionaires in the foul play, without new millionaires born from stock market every now, the hype on getting rich from stock market would die,

Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.

Are you really sure when you say this? Or are you just guessing? Because I have seen a couple of new millionaires cropping up from the stock markets in my country atleast. Moreover stock market millionaires don't invest directly from their accounts they generally setup institutions for it which I am sure never go into losses. Also talking about regulation, I feel there is hardly any regulation when it comes to institutional investors, most of the regulations just work on the retail ones.

[nurilham]

There won’t be any new millionaire born in stock market
Because stock market is highly regulated

It is in the stock market, very different from crypto market. If you think the stock market will be more difficult for you, just spend your time in crypto market. Crypto market is decentralized, not regulated by any institution. I also never joined the stock market because I think the system there is too complicated. That's why I am here, in crypto market. 

All the millionaires are made from the unregulated stock market is now all dead.

Are you sure?
Or they are moving to crypto market, now.
I think those people won't stop investing, they probably move to another investment.

[cabron]

Everything is crashing even the unregulated market. There are never going to be millionaires in any market in the US because it's now moving on to the east. The new SilkRoad was created in 2013. Investors are investing in companies in China so if you follow the steps of these investors going for Tencent and the likes, you could be a millionaire too.

[jaysabi]

There won’t be any new millionaire born in stock market
It would be the norm for the 2022, 2023, 2024, ... to eternity
Because stock market is highly regulated
All the millionaires are made from the unregulated stock market is now all dead.

Those clueless billionaires think they can regulate all they want and they dislike gamblers who could do harm to stock market, they’re thinking they don’t need us to help making them the richest man, I think they’re so dumb they’re no coiner and actually is very poor.

Yes, fiat would be used to continue to probe up all blue chip, those are making the rich people richer but not create new millionaires in the foul play, without new millionaires born from stock market every now, the hype on getting rich from stock market would die,

Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.

Are you really sure when you say this? Or are you just guessing? Because I have seen a couple of new millionaires cropping up from the stock markets in my country atleast. Moreover stock market millionaires don't invest directly from their accounts they generally setup institutions for it which I am sure never go into losses. Also talking about regulation, I feel there is hardly any regulation when it comes to institutional investors, most of the regulations just work on the retail ones.

OP doesn't know what he's talking about. The stock market, unlike bitcoin, is near all time highs. It has created lots of new millionaires during this run that started in April 2020.  To try and say that the stock market has risen this far this fast and NOT created new millionaires is obviously a self-defeating statement.