Stock Market, Business, and Investing General - News, Tips, etc

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AMD is pretty bad, too
"I did nothing wrong, I did everything correct!" - Intel this time right round
"Why am I toxic?" - AMD on old 15h arch and Intel Pentium IV.

Thread Tax. Trump showing up at Bitcoin 2024 I did NOT expect. The idea about a strategic bitcoin fund is just as retarded.
 
Thread Tax. Trump showing up at Bitcoin 2024 I did NOT expect. The idea about a strategic bitcoin fund is just as retarded.
Strategic bitcoin is absolutely hysterical. It's not like bitcoin is oil or natural gas or helium or something. He's just trying to appeal to the crypto retards I think
 
Strategic bitcoin is absolutely hysterical. It's not like bitcoin is oil or natural gas or helium or something. He's just trying to appeal to the crypto retards I think
Actually, now that I think of it here's a few reasons (maybe). Throw out the Thunk emojis.
1) He wants to buy votes from the crypto/tech bros.
2) He wants to buy influence from the Chinese (the major force behind crypto tbh).
3) He's gonna get the US gov to hold the bag but keep the economy humming for most of his term by moving from AI to crypto as the next bubble (Not that crypto isn't in a bubble itself).
Fuck, I'd rather them just straight up spend that money on EVs or abortions or dickchopping lmao. At least a bunch of American folks are getting paid on that versus maybe like 1-2 folks for the crypto.
 
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Strategic bitcoin is absolutely hysterical. It's not like bitcoin is oil or natural gas or helium or something. He's just trying to appeal to the crypto retards I think
I don’t like crypto but you could say the same thing about gold reserves (the amount of gold countries hoard grossly outweighs any industrial use it has; it’s about its use as a currency).
 
Anyone here buy Philip Morris or Altria stock?
I’m usually kind of mum about the specific stocks I buy because I don’t want to be responsible for someone else’s losses.

But I’ve had my eye on PM since December. Bought in back in May when it hit $100. Now I’m up almost 18% so far.

I also bought Altria and so far the numbers aren’t as impressive but both PM and MO have some generous dividend yields. Altria pays 7.87 annual which is unheard of.

All of this is being fueled by the Zyn craze. I hate nicotine, but the Zoomers fucking love it. And unlike McDonald’s, big tobacco is able to raise its prices and people will still buy their shit product.

I could see PM hitting $150; that’s when I plan on selling.
 
But I’ve had my eye on PM since December. Bought in back in May when it hit $100. Now I’m up almost 18% so far.

I also bought Altria and so far the numbers aren’t as impressive but both PM and MO have some generous dividend yields. Altria pays 7.87 annual which is unheard of.

You can never go wrong buying a company with solid fundamentals and whose pays a high dividend.

However you gota take a real close look when a company is offering something like 7.87% dividend. They're either doing that short term to value up their stock or doing a pump. Any dividend about 6% should draw close scrutiny before you invest as that's an outlier. Almost 8% annual? That's really, really good and usually you only see it on a small scale for T2 stock holders to get their payouts.

I'm not saying it's a scam but you need to be extra diligent when things seem too good to be true.

Now since these guys are drug pushers it could very well be that they can indeed keep stock price high by making large profits and payout a stupid high dividend as their customer base are addicts who will pay pretty much whatever is asked.

Just remember the golden rule; If it seems too good to be true, it usually is.
 
Actually, now that I think of it here's a few reasons (maybe). Throw out the Thunk emojis.
1) He wants to buy votes from the crypto/tech bros.
2) He wants to buy influence from the Chinese (the major force behind crypto tbh).
3) He's gonna get the US gov to hold the bag but keep the economy humming for most of his term by moving from AI to crypto as the next bubble (Not that crypto isn't in a bubble itself).
Fuck, I'd rather them just straight up spend that money on EVs or abortions or dickchopping lmao. At least a bunch of American folks are getting paid on that versus maybe like 1-2 folks for the crypto.

Or

1) Blackrock owns the largest bitcoin ETF in the world and the kikes told him to go speak at the conference.
 
You can never go wrong buying a company with solid fundamentals and whose pays a high dividend.

However you gota take a real close look when a company is offering something like 7.87% dividend. They're either doing that short term to value up their stock or doing a pump. Any dividend about 6% should draw close scrutiny before you invest as that's an outlier. Almost 8% annual? That's really, really good and usually you only see it on a small scale for T2 stock holders to get their payouts.

I'm not saying it's a scam but you need to be extra diligent when things seem too good to be true.

Now since these guys are drug pushers it could very well be that they can indeed keep stock price high by making large profits and payout a stupid high dividend as their customer base are addicts who will pay pretty much whatever is asked.

Just remember the golden rule; If it seems too good to be true, it usually is.
I just checked my portfolio vs the S&P 500 and I am no longer an investor. I’m a Zyn-Vestor.

(Jk my life savings aren’t in stocks they’re in boring investments that I’m not talking about on here).
 
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I don’t like crypto but you could say the same thing about gold reserves (the amount of gold countries hoard grossly outweighs any industrial use it has; it’s about its use as a currency).
Gold reserves have a purpose for international relations, which bitcoin perhaps COULD arguably be used for also, if it stopped changing value like a retarded whore. Basically, if niggernation9000 wants to make a deal with realcounty8 they can't use niggerdollars because they're worthless or could become worthless at any moment, so they back it with gold on deposit in the US.
 
Gold reserves have a purpose for international relations, which bitcoin perhaps COULD arguably be used for also, if it stopped changing value like a retarded whore. Basically, if niggernation9000 wants to make a deal with realcounty8 they can't use niggerdollars because they're worthless or could become worthless at any moment, so they back it with gold on deposit in the US.
Or in the likely event that the dollar becomes worthless, the zogbots can be paid in crypto to shoot the angry mobs coming to lynch all the bankers/Jews/politicians.
 
Or in the likely event that the dollar becomes worthless, the zogbots can be paid in crypto to shoot the angry mobs coming to lynch all the bankers/Jews/politicians.
It's actually interesting to research this scenario (because it has happened multiple times in modern history in various countries, and many, many times over recorded history).

And you know what?

First thing that's best is to not be wherever is collapsing.

Second, men are better than gates or gold. If everyone hates you they just ice you and move on. So it's better to have lots of people who like you.
 
So, that was a nice little correction of the markets
So glad I don’t have my life savings in it.
I’m on Reddit solely to keep up on lolcows that The Farms overlooks, like Daniel Larson and WorldOfTShirts.
But I am a member of WallStreetBets because they make you sign up for some subreddits when you make an account.

Saw on Thursday that some zoomer put his $750,000 inheritance into Intel stock. By Friday it was worth like $545,000. Was confirmed not a troll. Went “full regard” as the Redditors say.
 
So glad I don’t have my life savings in it.
I’m on Reddit solely to keep up on lolcows that The Farms overlooks, like Daniel Larson and WorldOfTShirts.
But I am a member of WallStreetBets because they make you sign up for some subreddits when you make an account.

Saw on Thursday that some zoomer put his $750,000 inheritance into Intel stock. By Friday it was worth like $545,000. Was confirmed not a troll. Went “full regard” as the Redditors say.
I've been hating myself all weekend for not mainlining Intel puts after seeing that post, most obvious sign ever and I fumbled the bag
 
I've been hating myself all weekend for not mainlining Intel puts after seeing that post, most obvious sign ever and I fumbled the bag
I’m just happy a giant Jewish company is getting bitchslapped. They were once valued at $70 in 2000. That’s so fucking funny. I hope they and their processors burn. Yeah it was an obvious short but shorting is difficult.

IMG_3672.jpeg
Laid off by Intel? You can always save money by moving to a Kibbutz, driving a tractor and shoveling cow shit all day. Oh wait nvm the Kibbutz has been evacuated because it’s too close to the Lebanese border.
 
Saw on Thursday that some zoomer put his $750,000 inheritance into Intel stock. By Friday it was worth like $545,000. Was confirmed not a troll. Went “full regard” as the Redditors say.

Here is the guy who you are talking about:
https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/ (Archive)

And his update:
https://www.reddit.com/r/wallstreet...definitely_picked_the_wrong_day_to_buy_intel/ (Archive)

The thing is, if this guy was left 800k by his grandma and his parents are paying for the entirety of his college, I think it's pretty likely that his parents are at least millionaires if not much richer. But to me, that makes it even stranger that they'd let him (who is probably between 21-25) make financial decisions like this without guidance. I really think he must be lying about some part of it, like maybe he told his family he was investing it and they said "Are you doing that in a professional manner?" and he said "yeah" (he is not.) I feel like I understand someone YOLO'ing 50k thinking they can 10x it because they have 0 clue how investing works and have never seen more than 10k in their life more than I understand someone making such a blunder with 100s of thousands.

OP seems to be in some form of shock and denial, and announces that he's just gonna hold for 10 years to get his money back.
My plan going into this was to hold for a decade and my plan hasn't changed. It's going to be rough and I realize that. The past two days have been the scariest days of my life. My parents still don't know I've lost 1/3 of my inheritance. Every time I talk to them they can see how stressed I look and they keep asking me what's wrong and I don't know what to say. How can I possibly explain this to them? My only option is to hold for a decade. So that's what I'm going to do. I know people are going to shit on me, and you should. I recognize I made an unnecessarily regarded decision. I have received a lot of DMs and reddit notifications offering me mental help and Suicide hotline numbers. I appreciate your concern but I'm fine. I'm holding long term. I'm sorry if my decision made you upset and reflect on your financial situation, that was not my intention. I appreciate all of your support and constructive criticism. Some of you have been really mean but its ok, I know I deserve it. But im holding. Forever. Intel will succeed.

When I see all the bad news about the market I just hit the "all time" button on the graph of my investments and go :) Timing the market is bad, buying into good, diverse index funds and just letting it ride is the way for people who want to remain sane and not gamble.
 
yup, the only thing you can do now is sell before it all hits 0 and your shit is worth less than your ma's orgone pyramid collection
I've been through a ton of market sell offs.

This is why you dollar cost average into index funds/etfs. Figure out how often you can put money into the market and how much at a time. Stick with that plan and put it in no matter what. When the market recovers, you'll be happy you didn't sell. When S&P 500 eventually hits 6000, you'll be happy you stuck with your plan. Nothing is a greater feeling that sticking with your plan and then seeing huge gains when the market recovers.

Don't be a retard and sell. No one knows the bottom of the market. Right now it's down about 8%. That could be it for a while. It could go down more tomorrow. I don't know. No one knows and anyone who claims to know is lying to you. Time in the market beats market timing. Warren Buffett once (paraphrased) said "I not only do not know anyone who can time the market, but I do not know anyone who knows anyone who can time the market". If Warren Buffett can't time the market, you can't either. Stick with your plan.

Again, stick with your plan and don't deviate based on market conditions. I will be buying more VTI on Friday whether the market is 20% higher, 20% lower or anywhere in between.

Obviously this advice is in general. If you are investing in options or individual stocks, then this doesn't necessarily apply but you would be wise to be mostly in index funds/etfs anyway. If I were invested in CRWD, for example, I'd have sold that after the outage and never touched it again
 
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