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/biz/ - Business & Finance


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24215411 No.24215411 [Reply] [Original]

My boomer dad wants to invest in some shitty cruise company now that they've dumped.
How do I convince him that this is a retarded idea?

>> No.24215460

>>24215411
told your dad you want to buy XRP . he will change idea .

>> No.24215493

>>24215411
show him freedom reserve

https://info.uniswap.org/pair/0x62008a04401662689467f5ee5d57c4863adabfc0

>> No.24215538

>>24215411

It's not retarded if he's buying shares to hold for 5 years.

>> No.24215558

Tell him to buy PNK

>> No.24215591

>>24215411
>dad wants to buy low and sell high
>and yet HES the retard
No

>> No.24215632
File: 2.71 MB, 2626x2798, 7E9D31A3-6525-45CC-981F-B062D4CDDE79.jpg [View same] [iqdb] [saucenao] [google]
24215632

>>24215460
>>24215558

This the only thing you’re boomer should be buying this week is crypto. His shitty cruise will still be there in a few weeks

>> No.24215926

>>24215538

Its retarded if the cruise company goes into liquidation because cruise ships are virus laden hellholes at the best of times, let alone in pandemic conditions.

>> No.24216511

>>24215411
do the math.
as >>24215926 cruises are boomer petri dishes at the best of times. Even if you had a 90% successful vaccine, leaves 10%. Odds of outbrek onboard next 5 years or so, 50-50. Odds of ded boomers because oops, vaccine no worky, maybe 50-50 also. Even losing 1% of passengers will not be odds favorable to boomers who've spent any time in casinos. tldr: to the lifeboats, for the foreseeable.

>> No.24216828

>>24215411
He’s not wrong to invest in depressed market sectors, he’s just too early. We haven’t seen the full capitulation yet for the travel industry. The second wave is going tbrutalize cruise, airlines, and hospitality. Vaccines won’t be widely available in time for spring/summer travel. I’d say may/June will be the time to buy in

>> No.24216923

>>24215538
It is because he could buy something that will moon in 5 days instead of 5 years

>> No.24217039

your dad is based and smarter than you, you should be ashamed of trying to shit on his ideas when hes trying to make it too