- Joined
- Jan 12, 2022
Stock Market, Business, and Investing General - News, Tips, etc
- Thread starter Feline Darkmage
- Start date
- Joined
- Feb 3, 2013
I bought 65 shares of OKLO, might buy more with my next paycheck. I was a retard and bought at $36 a share though, should've waited til a bit later in the day when it was under $34.
If crony capitalism is gonna happen, I might as well profit from it
If crony capitalism is gonna happen, I might as well profit from it
- Joined
- Jul 30, 2021
I've made hundreds on Nintendo alone this year because I bought a bunch of stock when it dipped after the Switch 2 announcement in January. Last week Nintendo hit an all time high, surpassing the heights of the Wii era.
Not sure about long term, I mostly am banking on the stock exploding when the Switch 2 eventually releases because for all the bitching and moaning by retards in the here and now, you know that thing is going to sell like crazy regardless.
- Joined
- Feb 3, 2013
I know most of you guys are wanting the potential fast returns of OKLO and PLTR and shit, but a safer, long-term investment might be in the insurance sector.
I held an insurance stock for a while and made a nice return but the P/E ratio (I know, lol) got a bit high so I sold it and started investing in Chubb (much more reasonable p/e ratio). Why insurance? It's a winning industry. They screw their customers every chance they get. Their customers pay them money and then they do everything they can to weasel out of paying it and if they need to pay out, they raise their customer's rate for daring them to pay out. Chubb has a decent dividend, too, so you can have it reinvested into it. Warren Buffett is a big fan and actually owns a lot of Chubb stock himself.
I held an insurance stock for a while and made a nice return but the P/E ratio (I know, lol) got a bit high so I sold it and started investing in Chubb (much more reasonable p/e ratio). Why insurance? It's a winning industry. They screw their customers every chance they get. Their customers pay them money and then they do everything they can to weasel out of paying it and if they need to pay out, they raise their customer's rate for daring them to pay out. Chubb has a decent dividend, too, so you can have it reinvested into it. Warren Buffett is a big fan and actually owns a lot of Chubb stock himself.
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John Badman
kiwifarms.net
- Joined
- Aug 7, 2024
Trump is a market killer.
- Joined
- May 5, 2022
John Badman
kiwifarms.net
- Joined
- Aug 7, 2024
Repeat after me. Global Recession. New World Order. The shift is coming.
I’m not trying to scare you out of your bags but you need to be selling like last Monday. This is why.
I’m taking the loss, this inversion is enough to make me sit out. We’re going down from here. SOX is already on the downward slide, all tech and AI will suffer.
I know there will be a recession, they (firms) probably know there will be a recession but will tell you otherwise, you should need to know and play the short.
I’m not trying to scare you out of your bags but you need to be selling like last Monday. This is why.
I’m taking the loss, this inversion is enough to make me sit out. We’re going down from here. SOX is already on the downward slide, all tech and AI will suffer.
I know there will be a recession, they (firms) probably know there will be a recession but will tell you otherwise, you should need to know and play the short.
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SangeAndYasha
kiwifarms.net
- Joined
- Dec 13, 2022
There's some very fun read in the happenings thread about a 22 global depression due to the yield curve inversion. Perhaps we can start a new global depression thread every year and make it a tradition?
Retail shit was super richly valued and it will still be overvalued after a red friday. Does trump and hawk tuah crypto scams not seem like retail wasn't getting a little retarded? I'm going to look at META if it gets beaten down. Quality companies that weren't retard magnets will be fine.
Junkers 87
kiwifarms.net
- Joined
- Aug 7, 2024
Not agreeing or disagreeing. Well, maybe not with the nWo part.
But there is a sizeable amount of money out there that's thinking we're going to shit the bed soon and has been loading up on $97 calls on TLT for 5/16. A full-on recession bet would be something like TLT leaps at $125 and above.
- Joined
- Dec 19, 2022
Absolute bloodbath coming today, aint nobody going to want to hold the bag through the weekend. Crypto is going to be diabolical
- Joined
- Feb 3, 2024
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- Dec 16, 2019
- Joined
- Nov 30, 2022
I won't believe anything bad is gonna happen until I see Jim Kramer saying it is all fine.
- Joined
- Dec 12, 2024
Welp, a week ago I was up 4.33% for the YTD and was well ahead of the DOW. Now I am damned near dead even on the YTD.
- Joined
- Feb 3, 2013
VTI is only down 5% from its peak. I am not saying the market is all good and will go back up, but a 5% drop is not much. All it'll take for it to go back up is our fat ass president finally learning how retarded tariffs are (granted, that's probably a longshot)
Not gonna lie, though, I'd be tempted to sell my taxable account's stocks except that the tax bill would be like $11k.
You're probably better off dollar-cost averaging. Trying to time the market is a fool's errand.
Not gonna lie, though, I'd be tempted to sell my taxable account's stocks except that the tax bill would be like $11k.
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RandomTwitterGuy
kiwifarms.net
- Joined
- Aug 31, 2019
It is interesting that the European market seems to be holding steady enough even with the threats of tariffs.
- Joined
- Feb 3, 2013
Tariffs will hurt Americans much more than Europeans because Europe can get their goods elsewhere without tariffs.
Tariffs are seriously going to fuck us and hard. Trump is a dipshit
- Joined
- Dec 12, 2024
I benefitted somewhat from the end of day rally, but I am only .85% on YTD and the DOW is 3.42. Last Friday's close, I was 4.33 up. Still lost a lot of damned money until it goes back up.
- Joined
- Aug 2, 2022
Nintendo is always a rollercoaster, I've got a bunch out of my shares and still have some into the Switch 2 launch but the short term fluctuations always make you second guess yourself.
I have to disagree with that, from an economic basis Europe is much more exposed to trade. Trade accounts for some 25-30% of GDP in America, whereas for Europe, most major European nations have trade account for 60-80% of GDP, with many smaller ones having trade volume far exceeding this. The European stock market right now at least can benefit from the ECB lowering rates and from already being battered by years of stagnation and low expectations that any news above horrible would be above expectations and raise it.
- Joined
- Feb 3, 2013
Right, but as far as tariffs go, Europe can import the stuff they get from the US from another country. Trump is going around imposing tariffs on every country, so it's going to increase prices by a lot, while Europeans will be fine because instead of importing wheat or whatever from the US, they can get it from some other country where they pay no tariffs.
European leaders aren't retarded enough to impose tariffs on everyone so they'll be just fine. They might have to pay a tiny bit more for certain items due to the item costing more from another country, but they won't have a retarded 25% or whatever tariff.