Investing General Discussion

Big Phoenix

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Furry

WoW Office
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AMD is definitely offblasting into outer space. Not even close to TSLA levels of ludicrously overvalued, so plenty of room to grow still.
 

LachiusTZ

Rogue Deathwalker Box
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One of the things this thread really had helped with is penis envy.

Like I bought AMD at 4? And sold at 8? Lol

Ten years ago I'd be eaten up with jealousy, today I'm just happy for big P and looking for the next thing.

It's made me much more able to focus on improving my situation instead of how much worse off I am compared to others.
 
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Jysin

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Jesus.. When did the new Capital Gains rules take effect? Got married last fall and I see that we can have a long term cap gain rate of 0% tax on up to $80k!? That's nuts.

Umm... MAGA?
 

Jysin

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I am really going to be curious what the outcome of this investigation unveils. We spoke about this last week with Kodak (KODK). Big run up in volume / shares the day before the $750B gov loan for Kodak. Shares were basically at $2.xx and started trading volume the day prior. Announcement was made the following day and the next few days saw the stock spike as high as $60 per share. Massive insider trading / info leak.

 
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Sanrith Descartes

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One of the things this thread really had helped with is penis envy.

Like I bought AMD at 4? And sold at 8? Lol

Ten years ago I'd be eaten up with jealousy, today I'm just happy for big P and looking for the next thing.

It's made me much more able to focus on improving my situation instead of how much worse off I am compared to others.
Believe me. if you are investing for the long term, even if it is nothing more than buying the SPY or QQQ, you are 1000% better off than 90% of the people in this country.
 
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Sanrith Descartes

Veteran of a thousand threadban wars
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I am really going to be curious what the outcome of this investigation unveils. We spoke about this last week with Kodak (KODK). Big run up in volume / shares the day before the $750B gov loan for Kodak. Shares were basically at $2.xx and started trading volume the day prior. Announcement was made the following day and the next few days saw the stock spike as high as $60 per share. Massive insider trading / info leak.

My only issue with this is its being done because "Orange Man Bad". Insider trading and other financial crimes need investigated and punished every time, not just when its politically expedient.
 
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Sanrith Descartes

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Somehow DIS turned a profit last quarter (earned 8 cents a share) vs estimates of a 63 cent loss. They missed on revenue. How the fuck they turn a profit? Disney + at 54m subscribers plus another 30m Hulu subscribers

 

LachiusTZ

Rogue Deathwalker Box
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So I'm up like 30% on silver, and 30% on ethereum . . .

When do you big ballers pull profits?

Tempted to pull it off the table w/ silver, but there is STILL almost zero physical inventory. Aka, the reality of "spot" and value arent congruent. So thinking it has more to run up.
 
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jeffvader

it's only castles burning
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thank you all for giving me the balls to self manage my 401k. recently peeked what my returns had been if i just left it and i'm up almost 23% right now since just may (only amzn, aapl, msft and googl). momentum/day trading is absurd right now as we all know - it doesn't matter what the company is anymore, it's just about crowd mentality. chart patterns are self fulfilling prophecies.
 
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TJT

Mr. Poopybutthole
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Believe me. if you are investing for the long term, even if it is nothing more than buying the SPY or QQQ, you are 1000% better off than 90% of the people in this country.

Lachius isn't a pussy. He went nearly all-in on Tesla. Then he almost bought a Lambo.
 
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Furry

WoW Office
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If you save any money consistently you're already ahead of 90% of americans. Managing your money is easy. Just don't greedy and think you figured it out where nobody else ever has. That's where people get hazed and lose everything. Wins will come, but never forget that losses will come too.
 
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Takyan

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Hey folks, I have 10k in a savings account for a 10 yr old and want to do something smart with it. The problem is that I have no idea what to do with it. What are some suggestions and realistic outcomes? Thanks in advance.