Investing General Discussion

Flobee

Flobee

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Yea for me "retirement" is just the freedom to pursue self employment opportunities with essentially zero risk to my family. I'm not particularly risk adverse but I struggle with the idea of going all in on something unproven while putting my family's wellbeing at stake.

I know quite a few of you made that jump successfully, possibly without that assurance, but that's been the hurdle for me personally. My "work" is pretty unfulfilling so the idea of retiring and doing nothing doesn't make sense to me. Id retire to do something I consider worthwhile without risk of financial ruin. I guess optionality really does sum it up
 
TJT

TJT

Mr. Poopybutthole
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I've mostly achieved financial independence. I can absolutely take a much lower paying job and not suffer for it. I have a few financial goals for my kids I want to meet before I am willing to do that though. I think I can pull it off in the next 5 years. Our house is just the right size for 4 so that part wont be changing either.
 
fris

fris

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Synj said:
When the fuck do I sell this thing?!
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when u have enough to retire.

pcs aren't going away. the need for compute isn't ever going to shrink. if quantum computing takes off or some new tech, i don't see how nvidia isn't at the forefront of it.
 
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Jysin

Jysin

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Synj said:
When the fuck do I sell this thing?!
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karma said:
When Cramer tells everyone to buy or says it is going to 300.
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Sell signal achieved.

1761679121191.png
 
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Haus

Haus

I am Big Balls!
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Sanrith Descartes said:
The timing is what's odd to me, heading into Xmas.
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They announced these layoffs, while simultaneously announcing that they're going to be hiring 250k in temp workers over the holidays. So I would bet these 30k are in perm corporate positions not the ephemeral and flexible world of their actual distribution employees.

But it's another 30k in jobs that are probably either moving to India in the long term, or evaporating all together to be replaced by agentic automation.
 
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Lambourne

Lambourne

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Haus said:
They announced these layoffs, while simultaneously announcing that they're going to be hiring 250k in temp workers over the holidays. So I would bet these 30k are in perm corporate positions not the ephemeral and flexible world of their actual distribution employees.

But it's another 30k in jobs that are probably either moving to India in the long term, or evaporating all together to be replaced by agentic automation.
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Probably the latter. They just announced a $1.6B investment in the Netherlands and a $1.1B one in Belgium, a mix of AWS and AI tech.

www.aboutamazon.eu

Amazon to invest more than €1.4 billion in the Netherlands

We're investing in the Netherlands over the next three years to underline our confidence and commitment to innovation and customer service, while helping small businesses in the Netherlands succeed.
www.aboutamazon.eu www.aboutamazon.eu
 
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