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/biz/ - Business & Finance


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2023724 No.2023724 [Reply] [Original]

Name 1 reason why your life savings isn't in GOOGL and AMZN

protip: you literally can't

>> No.2023731

>>2023724

Because I enjoy making money instead of losing money

>> No.2023737

>its 2008

Name 1 reason why your life savings isn't in Myspace and Blackberry

protip: you literally can't

>> No.2023739

>>2023724
Awww babby discovered his first blue chips.
That's cute anon. Enjoy your little APYs

>> No.2023827

>>2023737

>comparing god tier companies with unprecedented diversification to literal meme tier millennial garbage

okay bud

>> No.2023849

>>2023724

Massively overpriced. The public priced in magical fairy tale expectations of growth.

>> No.2024034

>>2023827
>unprecedented diversification
What the hell are you talking about? Literally what the fuck is >unprecedented diversification and we're talking about a single stock for a single company here. What?
>>2023849
This is also correct.

>> No.2024245

A similar guy said this to another one about ibm or enron or ltmc.

>> No.2024832

>>2024034

>GOOGL IS JUST A SEARCH ENGINE
>AMZN ONLY SELLS BOOKS ONLINE

HERPDADURP

>> No.2024867

>>2023724
Because BitBean, that's why. You need to diversify yo bonds, nigga.

>> No.2024874

>>2023724
Im a Walmart shopper now.

>> No.2024884

>>2023724

>GOOGL and AMZN

I've never heard of these cryptocurrencies before.

>> No.2024904

>>2023724
sure if you like making 5% yearly gains

>> No.2024985

>>2023827
isn't hindsight interesting?

>> No.2025317

>>2023724
My life savings arent worth that much (im 10)

>> No.2025324

>>2023724

Its in crypto, nigger

>> No.2025338

>>2025317

MODS

>> No.2025347

I'm in AMZN but not nearly enough. Fell for the ETF jew.

>> No.2025349

>>2023724
I'm leveraged to the hilt on short positions for both.

>> No.2025352

>>2023724

wtf coins are those?

>> No.2025823

I cant wait till these get on bittrex

>> No.2025884

Because Google is my employer. No matter how well they're doing, tying the success of my portfolio to GOOG/GOOGL performance is a retarded amount of risk because my livelihood (salary and bonuses) is already tied to Google's success. In the unlikely event that anything happens to them, I'd be fucked from all sides.

>> No.2025889
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2025889

>>2023724
One reason?

Ethereum

>> No.2025891

>>2025884
How are those free massages?

>> No.2025934

>>2025891
Fine. They're free but not unlimited though, you get "massage credits" annually.

>> No.2025940
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2025940

>>2025934
>massage credits

>> No.2026015

Amazon had a nice run with no sales tax and low shipping.

They recently had to lower their purchase minimum from $50 to $35 because people stopped buying.

There's better places to shop with better shipping. Their only advantage is hassle free returns.

>> No.2026059

>>2026015

For future reference, what are the better places?

t. Dude looking to save money

>> No.2026063

>>2023827
>Google
>diversified
Nice fucking meme there. All of Google's efforts are literally to prevent the government (which doesn't know much about technology) to think they aren't a massive monopoly. Bill Gates got too uppity in the 90s and got assfucked. They don't want to make the same mistake.

As for Amazon, you're betting on them finding a way to cut costs once they stop growing. Will it happen? Sure, but to warrant a push past a 400B+ valuation? Who the fuck knows.. Even if you believe they could be worth 1T, that's only 150% upside.

>> No.2026082

>>2026059
eBay for one. Half of the stuff is drop shipped from Amazon anyway. Shipping is free and no minimums.

>> No.2026583

>>2023724
amazon and google are shit stocks

>> No.2026928

>>2023724
Because in Buffet we trust more than Bezos, so i'm all in BRK.B , thats why.

>> No.2026971
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2026971

>>2023724
my life savings isn't enough to buy a single share of either

>> No.2027080

Because you can get so much money with Umanis for example. Or ETH

>> No.2027779

>>2026928

My nigger.

When Buffet dies there's going to be a huge dip and then a slightly more gradual correction. I plan to dump every cent I have in on that when it happens.

>> No.2027782

>>2023724
Because I have no life savings.

>> No.2027799

Is Apple a bad company to invest in?

>> No.2027933

Realy?

>> No.2027937

>>2023724
You do realize they're heavily propped up because of the AI and automation meme, right? The moment people realize its a pipe dream, those stocks will collapse by 80%

>> No.2027963

How can I make money ..easy ?

>> No.2028778

>>2024884

kys

>> No.2029816

>>2024884
pure kek

>> No.2029834

>>2027779
how hedged are you gonna go?