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  1. C

    Bitcoins/Litecoins/Virtual Currencies

    Bitcoin is betting on high inflation. Physical Gold is betting on apocalypse. does seem like we are at an interesting point with non regulated crypto potentially being illegal. The US has embraced btc. Seems less likely to approve these eth etfs though. I think it’s only a matter of time until...
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    Home buying thread

    I live in the same state as that guy and the tank thing here is frustrating, we ended up just going with our tank guy cause the rent is basically nothing but I called the propane company many times and they were never able to even produce a contract from the previous owner so I knew what my...
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    Investing General Discussion

    also if you held cash instead of stocks you lost 50% of your money in real terms instead of just having a decade of being flat in real terms. I also think that if the 2020s end up being an inflationary period similar to the 70s that US tech is far better positioned than it was to continue to...
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    Investing General Discussion

    I think the fact we aren’t getting another small rate hike to rein in the markets is the best we can expect. Housing starts were still solid, the fed is bailing out any bank that shows weakness and construction is still at full blast and has been for 4 years. Cutting rate doesn’t do anything for...
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    Investing General Discussion

    Tesla is still trading at 3x the pe of a pure car company. You would really have to believe in their growth story being stronger than msft, meta, Goog etc to be a buyer even now.
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    Bitcoins/Litecoins/Virtual Currencies

    The boom bust on this is going to be amazing. Holding fbtc with a cost basis of 38.30 right now.
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    Investing General Discussion

    Sold off 76k of Goog today. 2 month hold only a slight 3% gain. Just can’t stomach holding it anymore. Seems like it’s on a downward trend compared with meta, Amazon and Msft and I think their hold on consumers is relatively weak compared with the competition. Debating holding the cash for now...
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    The Stock Trading and Shitposting thread.

    funny, sold that shit at like 11.40/share after a 35% gain atleast. Actually might buy back in at 5.50 if it goes low enough company legit seems very good and I bet they continue to get contracts after a close to fully successful landing, not like anyone else in that space is a better options.
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    The Stock Trading and Shitposting thread.

    My advice is yolo all your money on moonshots (literal and figurative)
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    The Stock Trading and Shitposting thread.

    Ya I was feeling brave after the gains during the day today. Bought some shares of it when you posted. Actually made $500 on it but it’s $50 after taxes in MA
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    The Stock Trading and Shitposting thread.

    thanks stock pals! $50 profit from this means I eat inside wendies tonight!
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    The Stock Trading and Shitposting thread.

    That .75 expense ratio says otherwise.
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    The Stock Trading and Shitposting thread.

    Arkk ytd at -8% is just so wild given we are in one of the biggest bull markets for its sector. You would need to be a complete retard to touch that fund.
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    The Stock Trading and Shitposting thread.

    Wtf is the purpose of this thread
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    The Stock Trading and Shitposting thread.

    No but I was tempted! I got as far as putting 10 shares in the order preview screen before reminding myself I don’t like buying companies I don’t believe in. Woulda lost like 3k so glad I didn’t.
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    The Stock Trading and Shitposting thread.

    I put all my money into SMCI at 1060 yesterday I think that only qualifies me to join WSB tho
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    Investing General Discussion

    Well like 10% is good, 20% is ai baller tier, 100% is godlike. You gotta give us some reference.
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    Investing General Discussion

    All my investment advice is rock solid except for the stuff that is terrible. Every trade I make just loses me money vs holding historically so I wish I followed this advice.
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    Investing General Discussion

    Everyone starting to realize apples next big thing is a product google decided not to release 10years ago cause it sucked?
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    Investing General Discussion

    annnnd it's gone.
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    Investing General Discussion

    qqq was like 400 back then? so another 8% to drop to get back to that... doubt it happens without alot more bad news than what we just got.
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    Investing General Discussion

    The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 0.2 percentage point to 36.7 Above is from ny fed survey. Wild to me that 2/3rds of people think markets will drop.
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    Investing General Discussion

    I honestly have some of the same thoughts as Mist, but in my mind my counter argument (to myself) is that we are only just beyond the 2021 highs in most cases and the economy has had more inflation and pretty much across the board all these mega cap tech giants seem even more dominant than they...
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    Investing General Discussion

    It feels like the interest rate cuts are needed for that to happen. Until then it’s either tech or wreck. Banking and retail seeing some huge rally on a stretched consumer and tighter for longer conditions seems so unlikely. I think tech adds another 5% over the next couple weeks and then a...
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    Investing General Discussion

    The biggest benefit of advisors is most investors are terrible and will panic sell. Qqq or Vgt or spy are all good options for a passive strategy. Owning good individual stocks can out perform that but you need to be a lot more active.
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    Investing General Discussion

    I don’t understand qqqm it just seems like tqqq with a third of the gains.
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    Home buying thread

    ya the inefficiency is just in a different stage in resistance heating. You lose out because the conversion to electricity from gas happened at a plant and part of that heat went up the smokestack.
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    Investing General Discussion

    ya maybe honestly I am not 100% sure but I would be shocked if their actual engineers are union. I would imagine the actual fuckups are with like the engineering fellows cause it was stuff so core to the design I can't imagine it was just low level employee shoddy-ness.
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    Investing General Discussion

    Wasn’t it the engineers and project leadership who totally failed in like all these cases and not the machinists. 40% is a laughable ask but I also don’t blame these guys cause Boeings software kept mixing up up and down.
  30. C

    Home buying thread

    This is true, windows, roofs, siding all age due to elements and habitation isn't really a factor. If the space wasn't conditioned that could be a big negative too.
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    Home buying thread

    I would paint the walls and paint the cabinets and replace the hardware on the cabinets and call it a day. Other than that no way you get the money out of a big reno. The beige and all that red oak is the biggest offender in making that place look ancient.
  32. C

    Investing General Discussion

    so big tech earnings are over. Fairly strong showing from the guys you would expect to be doing well and imo a bit of surprising strength from Amazon. I am thinking barring some shock event in the jobs report we should get back into rally mode here. MSFT and GOOG seem to be the two to me who...
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    Investing General Discussion

    Ended up selling about half my AMZN position today, it was something retarded like 20% of my portfolio, so missing some gains here im sure but I don't wanna be one of those yolo idiots either. And I think everything everyone shared on them is right long term it isn't a great hold. META was...
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    Investing General Discussion

    I don't know, seems more like they are really good at getting stupid quotas passed and speech restricted but really bad at actually doing anything that really negatively impacts the wealthy.. funny that. I like the idea of gold as a hedge against an extreme edge case of war and partial collapse...
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    Investing General Discussion

    The estate tax exemption is 13.6M this year. If you secretly buy 200 gold bars and then secretly transfer them you could totally scam the irs to double your exemption.. i would be kinda worried about getting robbed with 200 bars in my house though. Buying a little bit is probably worth it...
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    Investing General Discussion

    The market feels very uncertain right now. How often have we entered a bear market only like 3 weeks after hitting a fresh bull market though? I feel like a 15+% drop in MSFT only happens if the broader market continues tanking. There was nothing in that earnings report that suggests it should...
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    Investing General Discussion

    With a bad jobs report though do the markets crash or rally on expectations of faster rate cuts? My question for tomorrow is to sell or not to sell AMZN. It's like the last company I own individual stock in where I have not much confidence in the leadership long term.
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    Investing General Discussion

    It’s been their mo for the last two years to club the market back down every time it tries to rip.
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    Investing General Discussion

    It’s gonna be interesting, it’s been pressure on ultra cap tech all day but they are also among the best capable of weathering a higher for longer scenario. Banks and smallest companies need the cuts sooner far more so as much as high rates are good for no one I wonder if we continue to see a...
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    Investing General Discussion

    in like 2002 my parents broker asked me to pick a stock to buy and I picked amd. First stock I ever personally picked. Still holding Cost basis of $8 is killer though. if I bought nvda instead I would be retired now but atleast I didn’t pick voodoo3d