@averagejoe1 saidWhups! Hodl?!
Not a recommendation, but CDNS is being touted in the AI sector, it was 250 a year ago, it was near 350 a few weeks ago, now down to 300, so I am sniffing.
Someone suggested RBT (rubicon) when it split 8-1 about 5 mos ago, it is now about 35 cents. I am mum whether I bought or not!!
@shavixmir saidI've got a feeling that the whole purpose for the Trump Social IPO was to fleece all the loyal MAGANOUGHTS of their money. I'm sure a tonne of them bought DJT stocks only to see their value plummet. Someone is heavily shorting the stock, no doubt! Any prediction of that wealth being fleeced making its way into pockets that can be best described as Trump adjacent??
It certainly sounds like a den of thieves though.
@kmax87 saidgiv it time.... You fellers are used to getting your free stuff pretty quickly,, but in the real world, it takes time.
I've got a feeling that the whole purpose for the Trump Social IPO was to fleece all the loyal MAGANOUGHTS of their money. I'm sure a tonne of them bought DJT stocks only to see their value plummet. Someone is heavily shorting the stock, no doubt! Any prediction of that wealth being fleeced making its way into pockets that can be best described as Trump adjacent??
@averagejoe1 saidInitial offer $49.99 with a dream run up to $79, Trump valued at 8 Billion. Since then a drop to $50 and further decline to $40 as of now. If you like backing the guy who is expert at going out backwards well....
giv it time.... You fellers are used to getting your free stuff pretty quickly,, but in the real world, it takes time.
@averagejoe1 saidNo, simply that he should have some substance.
You and Trumphouse suggest that he should be perfect.
@kmax87 saidGiven the record of Trump Airlines, Trump Casinos, Trump University, Trump Steaks (LMAO!), I'm gonna say that he's not a great bet for investing.
Initial offer $49.99 with a dream run up to $79, Trump valued at 8 Billion. Since then a drop to $50 and further decline to $40 as of now. If you like backing the guy who is expert at going out backwards well....
Of course, now that he is not running things, other smarter people are probably fixing the mess he left.
EDIT: Kind of like... President JOSEPH R. BIDEN is fixing the MESS he left of the United States! (Sorry, couldn't resist!)
@kmax87 saidDown to $37 now. I suppose if you have the stomach for it at some point it may be the right time to buy. Not that you buying any real value. But as DJT always says, the value of his Brand is really what people are prepared to pay for it. ....
Initial offer $49.99 with a dream run up to $79, Trump valued at 8 Billion. Since then a drop to $50 and further decline to $40 as of now. If you like backing the guy who is expert at going out backwards well....
@spruce112358 saidBut Biden's approval rating is down to 30%. How can you libs be so conflicted?
Given the record of Trump Airlines, Trump Casinos, Trump University, Trump Steaks (LMAO!), I'm gonna say that he's not a great bet for investing.
Of course, now that he is not running things, other smarter people are probably fixing the mess he left.
EDIT: Kind of like... President JOSEPH R. BIDEN is fixing the MESS he left of the United States! (Sorry, couldn't resist!)
It is like his saying that the economy is doing great. He himself, conflicted.
@averagejoe1 saidOn day 1,175 in office here are the Presidential approval ratings for the last 10 Presidents.
But Biden's approval rating is down to 30%. How can you libs be so conflicted?
It is like his saying that the economy is doing great. He himself, conflicted.
Biden 39.6
Trump 44.1 lost
Obama 47.3 won 2nd
Bush II 48.2 won 2nd
Clinton 51.4 won 2nd
Bush I 40.0 lost
Reagan 54.0 won 2nd
Carter 43.8 lost
Ford didn't make it that far
Nixon 54.4 won 2nd
So Biden is the lowest. It would appear you need a rating higher than 44.1 on this day to be re-elected in the fall.
BUT this doesn't take into account WHOM one is running against!
@spruce112358 saidI take DJT's value as a proxy for poll numbers. If the stock increases maybe we've got it all wrong, Trump's gonna win, but as the stock price lowers and meets our ultimate expectations that he is a conman and worthless, his stock's lack of value will conflate with a vote for him being worthless and a waste of time! 🤙
On day 1,175 in office BUT this doesn't take into account WHOM one is running against!
@shavixmir thanks for posting. It seems to me there are two ways to build wealth in the U.S.; real estate and the stock market. Real estate can easily go bust plus there are costs like property taxes, condo fees and the hassles with renting. You can invest in real estate through REIT mutual funds or ETF's. Diversifying via mutual funds/ETF's through brokerages like Vanguard, has worked very well for me. I think 99% of financial advisors rip off clients. I do like to gamble a bit. I started buying NVIDA in 2018. I have been buying AMD and recently put money into SMCI. 85% of my money is in indexed bond and equity ETF funds, including equities in developed countries. I will probably add the Vanguard dividend mutual fund. Vanguard has the lowest fees in the industry. The concept of indexed funds was invented by John Bogle, the founder of Vanguard. The first Vanguard index fund was introduced in 1976.
I do feel I am overweighed in AI investments. However, I feel it truly is a golden goose unless it destroys civilization as we know it. This is a distinct possibility. AI creators have already warned heads of nations and the UN that their invention poses an existential threat to humanity but they are not about to stop. Governments need to step up and develop regulations. Good luck with that. At least in the U.S., politicians in power are overwhelmingly dumb asses on the GOP side of the aisle and they have too much power.
I would advise those in the US who are investing while still working, put their money into an IRA. If you can pay the taxes now, use a Roth IRA. In both IRA's capital gains are not taxed.
@phranny saidVery good Phranny. Just to add, my ( my friends actually) who have made it! in investments, as well as their 45-yr old sons who have really put it together, are those with something to sell. Having built up a company that is courted by venture capital groups or larger corps in the same venue , who pay big bucks, the owners walk away to a very comfortable life. An example is medical waste companies. Big business. Anyway, your points are right-on.
@shavixmir thanks for posting. It seems to me there are two ways to build wealth in the U.S.; real estate and the stock market. Real estate can easily go bust plus there are costs like property taxes, condo fees and the hassles with renting. You can invest in real estate through REIT mutual funds or ETF's. Diversifying via mutual funds/ETF's through brokerages like Vanguard ...[text shortened]... nto an IRA. If you can pay the taxes now, use a Roth IRA. In both IRA's capital gains are not taxed.