Investing General Discussion

Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
45,000
94,107
What are you guys doing with your emergency funds/savings money in this period of high inflation? Anything better one can do than leaving that money in a savings account that isnt putting it in the stock market?
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gaming Ghost>
41,601
107,721
Moglyzoke Moogleman said:
Trash is trash! (And should be shorted.)
Click to expand...
Anticipation Popcorn GIF
 
  • 1Tendies
  • 1Worf
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gaming Ghost>
41,601
107,721
Big Phoenix said:
What are you guys doing with your emergency funds/savings money in this period of high inflation? Anything better one can do than leaving that money in a savings account that isnt putting it in the stock market?
Click to expand...
For me, I am leaving most of it in my brokerage account as cash. If an opportunity presents itself I can pounce and if I need some I can just ETF it back to my bank account. Its probably not the best option but times are kind of strange right now.
 
Khane

Khane

Got something right about marriage
19,986
13,553
Big Phoenix said:
What are you guys doing with your emergency funds/savings money in this period of high inflation? Anything better one can do than leaving that money in a savings account that isnt putting it in the stock market?
Click to expand...

Have you considered buying a vineyard?
 
Khane

Khane

Got something right about marriage
19,986
13,553
Not really a reference. Just a joke about how fabulously wealthy we all must have gotten with our incredible investing savvy over the past year and a half.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gaming Ghost>
41,601
107,721
Khane said:
Not really a reference. Just a joke about how fabulously wealthy we all must have gotten with our incredible investing savvy over the past year and a half.
Click to expand...
I buy Ferarri's, not vineyards. And watches too.
 
  • 1Midwit
Reactions: 1 user
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gaming Ghost>
41,601
107,721
PTON down another 4% today. Falling knife indeed. Down 72% from its 52-high. 72 fucking percent.
 
  • 1Launch Fail
Reactions: 1 user
Gravel

Gravel

Mr. Poopybutthole
36,959
118,455
Big Phoenix said:
What are you guys doing with your emergency funds/savings money in this period of high inflation? Anything better one can do than leaving that money in a savings account that isnt putting it in the stock market?
Click to expand...
Honestly, there's not much besides things like commodities, real estate, cryptocurrency or metals.

With interest rates so low, it makes everything else kind of shit. It's also (at least in my opinion) why the stock market keeps going up and up. With nowhere else to put your money, it all ends up in the same few places.
 
  • 1Like
  • 1Truth!
Reactions: 1 users
Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
45,000
94,107
Putting Tesla's valuation nonsense into perspective;

1637046273428.png


From this guys video where he rails about impending market doom thanks to Powell. You know hes right due to his heavy referencing of Freedman.

 
Last edited:
  • 2Like
Reactions: 1 users
Hateyou

Hateyou

Not Great, Not Terrible
<Bronze Donator>
16,393
42,590
Big Phoenix said:
Putting Tesla's valuation nonsense into perspective;

View attachment 382533

From this guys video where he rails about impending market doom thanks to Powell. You know hes right due to his heavy referencing of Freedman.

Click to expand...

He forgot one that’s even funnier. Idk their annual loss, but it was -$1.28b last quarter so I annualized it.

5AA4D9B6-4545-4E96-AFAD-CD9045A05DC7.jpeg
 
  • 2Like
  • 1Worf
Reactions: 2 users
You must log in or register to reply here.