/biz/ - Business & Finance

lumfag where are you and how are you doing?

>Ukraine: Stalemate
>Niger: At peace
>Gaza: Not leveled
>Lebanon: Not invading
>Guyana: Nothingburger
Now they want me to bet on war in Yemen? Fuck off.

BABA bros...

>>56926630
pretty much
fair price per barrel for oil is $40
oil bros fucked

>>56926640
https://www.youtube.com/watch?v=JVvwCkB-JLE

>>56926644
>fair price per barrel for oil is $40
There is like 5 companies in the world that make money at $40 oil. And let's just say their production isn't even close to satisfying demand.

Blackstone Mortgage Trust Inc bros... we don't believe the fud, do we?

>>56926646
Well I'm calling mom to ask how low can BABA go. Moms always right.

Thoughts on UWMC?

When we get a republican president and rates go down, it could moon

>>56926682
They wouldn't be doing this to a WHITEstone Mortgage Trust.

>>56926668
Having watched the market for a bit I have come to the conclusion that companies are in fact not about making money.

Bros when is SOXL going to 50+

>>56926725
2021

>>56926697
They're a mortgage wholeseller and aren't new mortgages approaching a decade low? They're up bigly this year and didn't seem as rekt as others during the tightening year. I don't think there's much more room to grow.

>>56926697
>mortgages
I got pretty burned on these companies like rocket and especially UWMC for years. these fuckers are not worth your time.

BITF shill here again.
Will we break 1B MC this week?
We continually pump while the other miners are flat. Its been super comfy.
>>56926697
If you are thinking to play the rate cut game, RKT has some pretty cheap LEAPs for both Jan 2025/26. I'm considering buying the 12C or 15C on both of them.
Also, I work there on the sales team. A lot of fat was trimmed during the layoffs and the remaining team is quite strong.

>>56926809
I figure thats because rates are so high theres no reason to take out a mortgage

>>56926809
Should you count anything during the covid era getting burned

>>56926845
I honestly forgot RKT existed but it could be good too

Four days until the United States experiences the worst financial collapse in the history of the modern world. If you know you know.

PFE
MRNA
NVAX
BNTX

The bottom is in, isn't it?

>>56926606
What stock are you most bullish for? And why is it AMD?

>>56926644
>>56926668
>Id like to be on the gold:oil ratio meaningfully breaking below a gram for the first time since 1971
Extremely low IQ trade

>>56926896
Im in PFE, excepting another plandemic eventually

>>56926706
It's true.
WSR has been doing great, paying a consistent divvy and remaining near past highs despite turbulent times for many other REITs.

>>56926883
Is that the end of Hanukkah on a jubilee year?

Ok this is the nitty gritty on SAVE. The company if the merger doesn't go through is worth roughly 15-16 a share according to analist. If the merger does happen you get for every SAVE share you have 29.80 from Jetblue. Not 33. That 33 is the top end which includes 2.5 already forked out to holders when the deal was done back in 2022 and the small 0.10 divvy payment that happens monthly. If you jump on SAVE today you get at most 29.80. Pay no attention to hit pieces or articles doing the odds. It's purely 50/50. 50% the deal happens. 50% it doesn't. Another play is JBLU. It's still pretty cheap from the highs. If this deal happens they expand 50% overnight. Right now they're 5 something a share. The high was 9.x. After the deal they're 50% larger company. You don't think analist will jack those price targets upward?. They'll jack them.

>>56926905
VT

>>56926879
no? tech flourished during covid. imagine if you went ham on nvidia or whatever AI stock these days you would have made money instead of these UWMC which is under their spac price. RKT too.

>>56926998
bullish on TOES

in 2015 when the European central bank was giving out 0% interest rates, what prevented euros from asking 150k in loans and invest them into indexes?

>>56926606
I feel personally attacked by that image. I have close to 40 credit cards with $350k+ credit limit, and I've brought that up IRL a few times. I need to keep my power level in check, I'm cringing fr

>>56927078
Idk have you tried going to the European Central Bank and asking for a loan you fucking imbecile?

>Four days until the United States experiences the worst financial collapse in the history of the modern world. If you know you know.

>>56927094
why would i do something dumb like that? faggot.

i spoke to god today. He told me poem anon died peacefully without pain. I think we as a general need to take a moment to appreciate the type of person poem anon was. Apologize, kneel, and beg god for forgiveness for pushing poem anon off the edge.

>>56926998
>he holds china and adani

>>56927178
>He told me poem anon died peacefully without pain
NOOOOOOOOOOOOOOOOOOOOOAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH!

>>56927178
john-chan did poem anon really die, that cant be

>>56927200
Seattle is a dangerous city

>>56926905
>p/e ratio
>1000
lmao

>>56927213
>looked it up
>its real
holy fuck

Why the fuck are none of you talking about UBER?

>>56927200
I'm sorry friend, this general is full if tragedy. I was in the thread at the exact moment RKG died (pic related) not every anon has a happy ending

>>56927282
rest in peace

>>56927178
>>56927200
>>56927204
>>56927282
Wait, what did I miss?

>>56926606
What's the typical annual maintenance capex for a gf?

>>56927178
you better capitalize "God" from now on, chud. we're watching you

>t. angel

>go post office
>there is a lad with long hair working the counter
>while i'm standing in line i'm trying to figure out if this guy plays guitar in a metal band or is some kind of femboy
>get closer
>stubble
>black nail polish
>no jewelry
>eyes are blooshot
Yeah i think this is a guitar player. I bet he can do a fair cover of Tornado of Souls.

>>56927360
Too much. You're better off getting in to saltwater fish keeping.

>>56927282

may his gainz be eternal in the afterlife

Fucking great. Tornado warning went off. Sirens going off round the city. Only lasts till 6 p.m. Roughly 30 min. Lol. I'm not worried. Hell what's 30 min.

>>56927443
KO boomer we are both going to die

>>56927360
if you go out to eat every week with her, the bill is atleast 100$, women want a main dish a drink and an appie. plus gifts, plus ubers, gas, tickets to events, pregnancy tests, wages lost to taking time off etc.

we're looking at potentially $10,000 a year

>>56927530
Yeah like i said it's cheaper to get in to marine aquariums.

>>56926845
>Also, I work there on the sales team. A lot of fat was trimmed during the layoffs and the remaining team is quite strong.
Based and Lynchpillred

How can bears possibly cope after a year like 2023? How can they ever show their face again?

>>56926943
>WSR has been doing great, paying a consistent divvy and remaining near past highs despite turbulent times for many other REITs.
I was shitposting but lmao
>Whitestone REIT engages in the operation of commercial properties in culturally diverse markets of major metropolitan areas.

>>56926630
well, gabon had a military coup earlier this year. how's that? too black for you?

>>56926845
SEC
this guy right here!

>>56926644
turbo cope

>>56927683
>In August 2023, following the announcement that Ali Bongo had won a third term in the general election, military officers announced that they had taken power in a coup d'état and cancelled the election results. They also dissolved state institutions including the Judiciary, Parliament and the constitutional assembly.[16][17] On 31 August 2023, army officers who seized power, ending the Bongo family's 55-year hold on power, named Gen Brice Oligui Nguema as the country's transitional leader.[18]
Ali
Bongo
and the Bongo family's 55-year hold on power.

>>56927659
by knowing that >we were actually in the right. This entire economy is fake and gay and more and more people are waking up to it. Just because the Fed has been able to paper over the cracks doesn't mean it can go on forever.

>>56926905
ENVX, easily. ASEL close second.

>>56927364
don't blaspheme, ya sillybilly

>>56927273
Because we're not that hard up for money.

Well, some of us are but they don't have driver's licenses.

>>56927705
sorry sir the market is about making money, not being "right". if you didn't make money you were, by definition, wrong.

What are the odds that the /smg/ movie nite movie won't be shit this week?

>>56927696
What I said is public and non-material.
The general mindset has improved significantly among team members since the depths of 2022.

>>56927703
"nguema" is definitely a dictator surname, to boot. you almost can't make this shit up.

>>56927736
Has Maltheus done Die Hard with a Vengeance yet?

>>56927735
over what time frame?

Any of you guys put much weight into any of the articles you read online, case in point:

https://finance.yahoo.com/news/extremely-rare-stock-market-signal-010830319.html

>>56927735
but I am making money, cash gang money market waiting for the inevitable. No sense trying to time the market when the Fed's clownshow could continue for a bit longer yet.

>>56927443
>>56927465
Well it's 6 p.m. Sirens all stopped blaring. A big fat nothing. I played a game during the ruckus.

>>56927754
can you post some presentations with sales figures for 2024?

>>56927273
well, its wildly overpriced, and retail is going to be fucking raped by its inclusion in the S&P while its at a top? is there anything more noteworthy i'm missing?

>>56926630
btw not so sure about guyana situation being nothing, because there are way too many "analyst" articles about XOM trending on seekingalpha
the dump continues, i suspect

>>56927530
Damn. For that to be worth it, she'd need to provide a significant discounted happiness annuity.

>>56926630
>>Niger: At peace
No they're not people just went back to ignoring them.

>>56927086
You would need to use that limit all at once if you were to ever disappear and debtmaxx. How? You can only buy so many goods in advance, and that credit limit would be much smaller for cash advances. Just buy a bunch of gold? You'd be flagged immediately at any airport.

https://youtu.be/y7yW8InOJNY

Interview with Ed Hyman, the number 1# economist on Wall Street.

>>56927094
>>56927078
>Replace "euros" with "euro banks."
Idk. Straight carry trading wouldn't have worked because everyone was doing ZIRP and maybe the VAR with stocks freaked them out too much.

>>56927415
Fish? I dunno. At least with a dog I could play fetch.

>>56927783
>waiting for the inevitable
>No sense trying to time the market

lol are bobos THIS self unaware.

>>56926465
Bonds appreciating is bearish not bullish.
Bonds crashing is doomer bull.

>>56927849
Hyman is such an unfortunate last name

>>56927902
There's a car dealership down the road from me named "Hyman bros."
I can't believe they actually paid to get that sign made.

>>56927783
It's such a good strategy Yellen wants to regulate it away.

>>56926905
MRO. but not in the short term.

As a side note. gold bros. what's the over/under on it going higher. I kind of want to dump some AEM I bought at the ATH but, I like the psycological effect of it being a hedge against blackswans. I have a slight gain overall (I averaged down, protip do not do this with miners....).

>>56927813
I thought that shit is all offshore (so the US navy would step in if the Venezuelan navy's two boats made a move) and isn't even producing yet?

>>56927840
OK, well I think they're still exporting uranium so for all /smg/ intents and purposes they're at peace.

>>56927796
Unfortunately not, I like my job and I'd like to keep it.
I can say that there are some interesting things coming down the pipe, particularly on the Canadian side.

>>56927774
the longer the time frame the better, but the longer you string together bad years the harder it gets to make up for it

>>56927783
the only inevitable is new ATH's, sir

>>56927845
I think in practice the limit is also usually closer to half what they say it is because once you start running up debt your credit score goes down.
I tried using a good part of my limit once (I was making a *lot* at the time) and they stopped me about half way through.

>>56927996
i don't think you'd see military intervention from the US, no. venezuela claims no current production will stop but that doesn't mean they won't just nationalize that field if they decide they need the money to pay for annexing guyana, which is now technically a failed state.

>>56927705
Monetary base has increased 45x since '71, 4500%, but you think they'll stop now, why? USD can continue losing half it's value every decade forever

>>56928058
The dollar is backed by tax revenue so as long as that goes up it's fine.

>people who have hard assets, such as real estate, metals, and equities are able to maintain buying power
>people who live pay to pay get fucked by inflation the hardest
So in other words, holding durables is the way to go. Living with consumable things (fuel, food) makes you unable to appreciate in wealth over time
Is that a fair premise? In that case, it feels almost too obvious to hold equities amd write options

>>56927886
I was making a joke about the expense. Saltwater fish keeping is one of the most expensive oet related things you can get involved in. It's really wild how much you need and how much it all costs.

>>56927178
Here I sit
All broken hearted
I tried to die
But only farted

>>56928044
They can't nationalize shit without naval force projection. And the Navy would probably be thrilled at the cheap combat exercise of sinking VZ PT boats or whatever Maduro has that can still float.

>venezuela claims no current production will stop but that doesn't mean they won't just nationalize that field
Yeah, check that against the entire rhetorical track record of socialist dipshits.

>>56928081
Lol, I had no idea. I guess that makes it a good status-symbol hobby if you're wealthy.

>>56927780
Most of those have been AI generated for years so no.

Shorting the TLT. The Yen made me do it.

>>56928075
No, tax receipts will obviously increase with inflation (monetary expansion), bobos are retards because they keep expecting a brittle failure, when fiat suffers plastic deformation

Just checked my stock portfolio. Havent really logged in much lately. Every single thing i got is green now and overall balance is at its all time high.

>>56927826
Fuck. When you put it like that... I need to rethink my relationship

>>56928260
>Havent really logged in much lately.
Honestly, this is the right way to invest.

>>56928260
Same here, up to all time highs. Stocks only go up. Only difference between you and me is:
>Havent really logged in much lately.
I check every few minutes, some days even more frequently.

>>56927178
Where's the update?

>>56928087
>the Navy would probably be thrilled at
would biden?

>>56928260
wagmi

>>56928268
>>56928271
usually i check more often but my stocks were so small compared to my crypto that i kind of lost hope in it. I can still contribute 6k to my roth ira and my rollover ira for this year. not sure i will since im low on cash right now and have until tax season anyway.

>>56928271
Principal financial is down. I've been checking since 4AM. If my 401 is over 240 (it should be), my Vanguard account is at 111. Total invested 350k. Just my most recent psychological number.

>>56928292
Based. Cant wait until i have a port that size.

>>56928292
Hey, we have the same amount...you're probably younger than me though.

>>56928323
i'm 33

>>56928075
>The dollar is backed by tax revenue so as long as that goes up it's fine.
No one tell this anon that the interest payments on our debt (bond yields) are $1.1 trillion now while our income is only $4.4 trillion

>>56928271
>I check every few minutes, some days even more frequently.
Sometimes I worry about getting locked out of my account by hitting a rate limit from refreshing too much.

>>56928292
>CAD
I am genuinely so sorry

>>56928335
Implying we'll be cutting our spending soon.

401k all in on VITAX. Diversifying is for queers.

>>56928347
>Implying we'll be cutting our spending soon.
I know most people here aren't old enough to have experienced this, much less were taught it, but during the 60s-70s politics got pretty violent.
If the general public understood that the Pentagon has unlimited spending, and no audits, that would be a start. Then all of the spending on bullshit etc. that people don't know about. Wouldn't be too difficult to create some controversy about it, but the current politicians are limp wristed faggots that nobody listens too.

I think commercial real estate bottomed. What am I in for

>>56928399
I work for a huge tech company with campuses all over the world, we're still cutting and closing spots. It hasn't bottomed yet.

>>56928355

>>56928345
diversity is our strength!

>>56928399
>unfilled buildings literally everywhere
yeah I dont think the bottom has bottomed yet.

>>56928418
based stock picker. im up bigly because of google, microsoft and nvidia. vanguard cucks will never retire.

Hold onto your butts, I'm thinking markets pump this week based on Fed/Jerome announcements and Santa Rally
https://youtu.be/2hUOpAaqN7Q

>>56928387
desu I don't the federal government has much life left in it.
Almost every group here wants genocide of at least one of the other ones and half the workforce is only here because of the low taxes and high pay. Then on top of that we can't even agree on the most basic aspects of reality anymore either. (It's really unbelievable how extreme that's gotten. There's almost no consensus at all. It's strange most people agree the sky is still blue at this point.)

I don't think it would take much disruption for things to start rolling down hill fast. If taxes go up the immigrants will start fleeing and inflation will get real. The White Americans are probably going to be absolutely pissed at eachother and everyone else in November no matter what happens. If we do stop spending the blacks will probably get violent again. And there's no reason all of that can't happen at once.

>>56928411
Tech relies almost purely on cheap money and loans to grow and is flooded with pajeets, there's simply going to be a 5 year long recession in all the software bullshit positions. The only growing part seems to be IT since it has to be in person hands on, often US citizen requirements (pajeets don't meet these).

>>56928418
401k broker doesn't let me invest in a single stock. Only vanguard index funds or their gay portfolios. If I could I'd go 100% into QLD.

>>56928441
Hell, there's a whole subdivision a few miles from me that's been dead for the last year. Foundations poured here and there. Some are half built and just languishing. It's got like 5% of the houses completed, they stopped pouring more asphalt and running the water/sewage/etc to the end of the streets' culdesacs unless there was a sold lot and build.
Real estate has started to go down in the last couple of months, but now it moving faster.
t. been in the buying market in TX for the last six months and looking at different levels. Sub 300k houses are dropping like flies in price.
>>56928482
Trump is going to win. What do you expect to happen?
>>56928487
I agree. Thankfully the company I work for isn't heavily vested in that meme shit.

>>56928504
Oh, yeah 401k's are a scam. They get to control your monies for 1-2% a year and you get nothing.

>>56928514
>Trump is going to win. What do you expect to happen?
I don't think it matters.

>>56928399
a lot of volatility but you're probably correct. Also "commercial real estate" is a very broad term - the outlooks for each sub-sector are drastically different between say, offices and data centers

>>56928467
VITAX unsurprisingly mainly consists of Apple, Microsoft, NVIDIA. I think I'll retire just fine.

>>56928520
The tax advantaged growth is absolutely worth it. Max it out.
When you change jobs you can roll it into your brokerage as a tax deferred IRA and have an enormous amount of money to do anything you want with besides short selling.

>>56928520
>4% match from employer
>I can go 100% into a tech index
>"I get nothing"
Lol. Lmao.

>>56928482
>Almost every group here wants genocide of at least one of the other ones and half the workforce is only here because of the low taxes and high pay. Then on top of that we can't even agree on the most basic aspects of reality anymore either. (It's really unbelievable how extreme that's gotten. There's almost no consensus at all. It's strange most people agree the sky is still blue at this point.)
I think we can agree people who think men can cut their dicks off and be women are not worth having at the discussion table.

>>56928529
Orange hitler has a commanding lead in polling data among whitoids. The problem is that there's a subset of delusional, zealous white women especially boomer ones who actively want to ruin america (but think they're making it better). There needs to be a cold hard slap/reality check to make them shut up and fuck off and stop fucking things up the way they have been since 1968.

>>56928583
>I think we can agree people who think men can cut their dicks off and be women are not worth having at the discussion table.
That's the thing, we can't even agree that they're men. There is no consensus about even the most basic aspects of reality like that anymore.

>>56928542
Tax advantage is kinda meh, I mean its better than nothing I guess.
>>56928546
Match is the only reason to do a 401k imo.
>thinking your index does anything
lol the match will get you more.

>>56928607
>There needs to be a cold hard slap/reality check to make them shut up and fuck off and stop fucking things up the way they have been since 1968.
Where exactly is that coming from? A good chunk of the country thinks the last presidential election is stolen. Why won't this one be stolen? Even if it isn't do you think they're going to finally get slapped this time?
I really don't think it matters who gets elected anymore.

Trump is getting the Black vote, that's how he wins.

>>56928610
No I mean my point is that if you're from the 25% that agrees "you can be a woman if you feel like it" you must be excluded from the discussion entirely and the remaining 75% will figure out which concentration camp to send you to.

>>56928058
>>56928018
>New Paradigm!
>This Time It's Different!

>>56928641
He's not and never will. It wouldn't matter anyway: they're like 12% of the population and probably 7% of the vote and on top of all of that they live in cities so their vote counts less.

>>56928653
>concentration camp
Why bother, just put a bullet in them and move on. They're just brain dead pharma science projects.

>>56928533
>5 year
>vitax 170%
>msft 251%
>aapl 373%
>nvda 1200%
I mean you have them but you are dragging them down with your losers. Thats what i never understood about funds. You have exposure to the good ones so you have risk anyway and all you are doing is lowering the good ones with bagholding the bad ones.

>>56928653
>you must be excluded from the discussion entirely
This won't happen by voting. You think the boomers, jews, minorities, and women are going to just surrender power after being brainwashed their entire lives that they've been oppressed?
The only group that's ever done anything like that has been White men.

>>56928084
Prove you're the real PA step 1, do a train number get.

>>56928683
>This won't happen by voting
Eventually white men will realize they have no political representation by voting and realize violence is the only way to reassert control over a failing electoral system. until that happens nothing changes.

>>56928615
>thinking your index does anything
45% YTD and 170% over the last 5 years. You're pretty retarded, anon.

>>56928674
Not really the losers that are the problem. It's the ones that aren't mega performing. Naturally the counter argument is you don't have your eggs in one basket but personally I don't think apple or Microsoft are going anywhere.

>>56928693
>45% YTD and 170% over the last 5 years.
Sure thing anon.

>>56928689
All your faux hitler does is delay that.
It doesn't matter who gets elected.

>>56928706
Dumbass.

Kek. Figuring out my pension's performance is a nothing event. I mean line go up every year so there's not really much to that. But anyway that figure quoted as to how much "I'll need for retirement" well my pension check every month will cover that by itself.

>>56926616
3D Lum killed OG 2d Lumfag and he won't be coming back unless you buy MARA.

>>56928710
>It doesn't matter who gets elected.
I literally just said that anon.

>>56928716
>impressed by that
Yeah I dont give a shit retard. Literally everything tech went up 100s of percents in the last 5 years.

>>56928758
>i-it doesn't do anything!!
>*gets btfo*
>o-oh it went up by 45% a year?
>w-well other things outperformed that absurd performance ;_;
Lmao shut the fuck up.

>>56928514
>Hell, there's a whole subdivision a few miles from me that's been dead for the last year.
That sounds like a building company that got flattened by material/labor/market volatility more than a reflection of the actual prices in the market.
>>56928756
Yeah, I think we're pretty much in agreement.

>>56928770
It barely did anything, retard.

>>56928774
>That sounds like a building company that got flattened by material/labor/market volatility more than a reflection of the actual prices in the market.
Yeah, and they're one of the largest in the region. DR Horton.
Sold my house last week for 600k. Bought it three years ago for 400k. Moving into a place that's less than half the price, and has dropped 15% in the last two months. I'll save over 2k a month.

>>56926998
>>56927059
How do i long anime feet

>>56928825
FL

>>56927178
is this for real?

>>56928780
>45% a year is b-barely anything!!
Lol, shut the fuck up, kid.

It's movie night
https://www.youtube.com/watch?v=F-T1ShGfi18

I beat my gf today for breaking my favorite cup

>>56928885
Oh my God, that's awful. Can the cup be fixed?

>>56928885
Savage.

>>56927178
The jewish god only spreads lies to goyim. Dont' take it seriously.

>>56928514
meanwhile

>>56928885
You’re white european, huh?

>>56927530
My girlfriend and I go out to eat a couple times a week, max three. It’s easily $2-300 a week. Thankfully she cooks the rest of the time and is generally great. And she doesn’t drink so we don’t have to waste money on that bullshit. But yeah shit is expensive especially after all the inflation the last three years

>>56928864
Sure thing bud, largest tec boom in years and youre bragging about 45%

>>56928685
I'm not poem anon it's an homage

>>56929061
My house went up 50% in three years anon. Higher priced stuff is still selling, it's the underlying cheaper stuff that's starting the down turn. I sold at the top.

>>56929117
It's a great one, enough like him to be convincing.

>>56929130
>it's the underlying cheaper stuff that's starting the down turn
I mean, isn't that nowadays basically just borderline unlivable houses in general?
Rot, mold, falling apart or even worse a location around negros?
Who wants a shack from the 1960s in a shit neighborhood nowadays? Nobody is buying that any longer, not even for (comparatively) "cheap" prices.

>>56929200
What I'm getting is that anything "worth" below $1m could be as good as un-sell-able in the near future.
Everything with any kind of worth has risen in price dramatically.
The cheap stuff will be undesirable and eventually demolished.

>>56927078
Most people know nothing about finance. They just work like slaves to buy basic necessities and spend whatever is left in stupid bullshit.

>*TING*TING*TING*
Good evening, I would just like to make a quick announcement that I am opening a bottle of wine to, as the kids say, "pre-game" before this evening's the /smg/ movie night, where anticipate we will be watching a wonderful and thrilling business & finance themed film. Would anyone like a glass?

>>56927178
wait so its not a joke? poem anon was charlie munger?

>>56929200
It's a house built in the same decade as the house I sold, just smaller and in a lower taxed county. Not nearly as ideal location (was living in a retirement neighborhood by a lake) but it's less than half the price.
>>56929219
>What I'm getting is that anything "worth" below $1m could be as good as un-sell-able in the near future.
>Everything with any kind of worth has risen in price dramatically.
>The cheap stuff will be undesirable and eventually demolished.
Market matters. Cheap here is sub 100k and it's like little homes and shit that doesn't sell. 180-250 is the range where prices are collapsing. 250-350 are softening. 500-600 are peaking.
Interest rates fuck those that are the cheapest first.
This nigger hiro fuck up the captcha system or what? It's been broken for like a week now faggot janny nigger faggots

>>56929265
I wonder if the worst will be the toothpick construction mcmansions that are sub $1m *and* built way more poorly than a lot of 50 year old houses. You pretty much have one household per house so you're paying a premium for... more space to heat and clean and just a ton of downsides.
I'll bet the drop in the middle will be the most dramatic.

>>56929314
You know I only drink beer.

>>56929314

>>56927178
Cringe

>>56929478
Oh, let me go change right quick
>>56929427
That's too bad. This 2020 zinfandel is going nicely with these frozen tendies and fries

>>56929314
Wine is for roasties and faggots

>>56929675
the only faggot is (you). people have been making merry with wine for literally thousands of years stupid uncultured poorfag

>>56929675
I love mold wine. It's Christmas spirit in a bottle.

>>56929710
I drank wine for a while. Prefer liquor with water or mixers.

>>56929746
White or green?

>>56929746
>mold wine
I think you mean "mulled wine"

>>56929751
yeah i dont drink anymore but i would probably enjoy a smirnoff tonic more than wine

15 minutes to movie night! Tonite's feature is The Wolf of Snow Hollow (2020) a snowy utah filme for my snowy utah night tonite ^_^

Last week was good, made money on GGE (sold at 35 cents or so and bought at 20 cents). Also in SAVE (up) and SHOT (down).

Side note: What the fuck is with the jannies here? I post on a bunch of different boards and never have problems but random posts constantly get me banned or given warnings here. Never have this issue anywhere else on the site.

>>56929792
enjoy

>>56929756
I randomly had mulled wine for the first time tonight.

>>56929792
Think I'm going to finish Wolf of Wallstreet from last night.

Movie night movie night, get in here! Tonite's feature is The Wolf of Snow Hollow (2020)!

>>56926998
Shit feet, they look like rectangles.
No proper shading either.
Not even a footfag but up your game alittle

i just got my first decent job making 85k a couple months ago and i want to start investing, should i get into some funds on fidelity or should i wait until i have the minimum amount for vanguard funds that I like? one of them has a 3k minimum

>>56929866
Save up for six months. Watch the carnage. Open a paper account on TOS.

>>56929866
What funds from vanguard are you looking at? You can buy the basics SPY VOO VTI (SPAXX for fidelity's MMF don't think it has a minimum).

>>56929886
VHYAX specifically

>>56929866
you dont need to get into minimum dollar mutual funds. buy the ETF versions of them

like VTI or VOO

>>56929919
If you want that my recommendation would just be to save. If this is a major pay increase, you should be able to save some money quickly (be aware of lifesytle creep). If you want higher returns, you can look into banks offering over 4% APY while you save, or do something like save in SPAXX for around 5% returns to make some money while you save. With less than 3k it won't be a lot but it will be more than either nothing or .00000001% offered by some banks.

>>56929919
I would also recommend just doing this >>56929965

>>56929866
>using a brokerage with a woman CEO by virtue of family inheritance
Schwab has SNSXX and SWVXX for 5.09 and 5.26 yields with no minimum.

>>56928665
No, this time it's the same, fiat will continue to lose value, never forget that almost all of the nominal return of the broad market is just monetary expansion

>>56928689
State is subordinate to Economy, not the other way around.

>>56926987
>If the merger does happen you get for every SAVE share you have 29.80 from Jetblue. Not 33.
It's hilarious to me how many of you will parrot various forms of bullshit info without putting the bare minimum of effort yourselves to read a single paragraph from an official document.

>$33.50 - $2.50 - $1.15
The buyout price is $29.85. Simple math.

>>56928329
I just turned 44

Dual US citizen who hasn't been in america in 18 years. Just started investing and my bank sent IRS forms for me to fill. IDK even know where to start, don't even have TIN or SSN, guess I have to contact the embassy. Such pain in the ass. How do burgers put up with all these forms to fill?

>>56930288
Better off renouncing ASAP, before the IRS starts sending you bills on your global income. US is the only country that does this.

>>56930288
Yeah US is one of like the few or only countries that taxes you if you are a citizen no matter where you live.
I have dual US/EU citizenship but don't want to work in the EU as I would have to pay high EU taxes and US taxes as well.

>>56930293
AFAIK you have to pay to renounce kek.

the only longterm regulars still in smg are the loser schizos who still didnt make it
it feels like a majority of people from 2020 are all gone and have moved on...

not me because i started with 4figs so im still barely 6fig hell after the bullrun

my pennyscam.. pls work... i need a 10x within the next year

>>56930310
Yeah renouncing (2000$) would cost more than the penalties, since I've been living as NEET all these years.

>>56928870
History doesn't repeat, but it rhymes.

>>56930330

>>56930315
considering a fairly large number of people from 2020 are gone not because they made it, but because they got btfo and lost all their GME gains, being a loser schizo really isn't that bad. At least we still have portfolios that are alive.

>>56930372
the screams of January 2022 are still fresh in my ears. Buy SOXL at $70 they said.

>>56930315
Literally every anon who posts in /smg/ will die some day

>>56930420
speak for yourself

>>56930372
gme.. i really took it for granted.. i thought it'd be so easy to get another play like that
2 years later im still here waiting for my gme 2.0

just crabbing now and starting to buy index funds until the next braindead generational opportunity comes

>>56930420
lmao bearish predictions are always so crazy
i plan to live forever

Who is your trading mentor?

>>56930315
I feel the opposite. The most notable regulars tend to give up and reduce posting eventually, focusing more on their career as they slowly realize that investing is a waste of their time. Rocker for example, or Scoopsies.
I'm not sure what ever happened to BigFiveGuy/LCIGuy, but I'm fairly certain he didn't make it. RKG is dead. While SOXL_shill made it, many of the leverage maxing followers he spawned did not. Baggie continues his endless shitposting, but he's an enigma.

There are plenty of autists here that have found success in some niche, but simply choose not to put on a consistent persona necessary to become noticed as a namefag/avatarfag. You may not find one in every thread, but if you pay close attention you'll start to see beyond the veil of anonymity.
I honestly believe that the type of personality required to actively namefag is inherently incompatible with the sort of financial detachment and autistic focus required to consistently seek out profitable trades in the market.
Some anons get lucky of course, but that's not the norm and often times non-repeatable.

Okay so I finally gave a proper look at what my retirement account that I set to high-risk over 5 years ago is in. Please rate.
77% Equity
>11.6% Threadneedle (Lux) Global Focus Hedged [Equity, Global]
>10.3% Candriam Equities L Europe Innovation [Equity, Europe]
>10.1% NN (L) Energy [Equity, Energy]
>8.3% BFG World Gold Fund [Equity, Materials]
>7.6% Amundi Index S&P 500 ESG [Equity, US]
>7.23% FF - Global Technology Fund [Equity, Information Technology]
>6.3% Jpmorgan Funds - Emerging Markets Equity Fund [Equity, Emerging Markets]
>3.3% BNPP Aqua (LU) Privilege [Equity, Utilities]
>3.1% FF - China Focus Fund[Equity, China]
>3.1% Amundi Index MSCI Europe [Equity, Europe]
>3.1% BFG World Healthcare Fund [Equity, Healthcare]
>3.0% Janus Henderson Horizon Pan European Property Equities [Equity, Real Estate]
23% Fixed Income
>10.6% M&G (Lux) Global Floating Rate High Yield Func Hedged [Bond, High Yield]
>6.0% Morgan Stanley Euro Corporate Bond [Bond, Corporate Medium Term]
>3.4% AXA IM FIIS Europe Short Duration High Yield [Bond, High Yield Short Term]
>3.1% Amundi Funds Global Subordinated Bond [Bond, Aggregate Medium Term]
Obvious European is obvious.

What would you do in my shoes?

>>56930554
>What would you do in my shoes?
100% TQQQ leaps

>>56930554
>Amundi Index S&P 500 ESG

>>56930527
>consistently seek out profitable trades in the market.
thats why i still check this place out occasionally but nothing has stuck out as clearly as gme in august 2020

well maybe my ai dashcams pennyscam will wake up this month, who knows
ill only shill/brag about the ticker again AFTER it goes up since no one cares when the graph is just graphing
also i wonder if the anon holding 300k shares is still alive with me

>>56930554
This is way too complicated. Just pick an index or a couple of big companies

>>56930554
more complicate is better, good job anon

i bet this has greatly outperformed VTI + whatever bond etf you need

>>56930554
i dont know if you can change your allocation, but you should. theres too much complexity a lot of overlap, for largely extraneous / redundant reasons.

do you need direct real estate, china, europe, healthcare, emerging markets, ESG, energy exposure? i understand wanting broad diversification, but none of these etfs are even cheap. you can probably do better with just Vanguard World Index

>>56928335
And a VAT or National Sales Tax on the purchase of goods and services would increase gov't revenue overnight.

The following portfolio is based and 10-year pilled. Feel free to offer critique or insight into these companies.

Coupang (CPNG)
V. Galactic (SPCE)
Block (SQ)

>>56930681
Please government take more of my money to give to white trash meth addicts in california and blacks. And while we are doing this, keep the borders open to replace the people who pay taxes.

>>56926616
Preparing for a bunch of interviews. Gotta take a few trains in the coming days to get to some. I hate traveling. 1st interview is typically done online but the subsequent ones are on-site. I have to pay and sacrifice a lot of my time and I don't even get a guarantee that I will get the job. My 'tism will certainly flare out. Or maybe I will even bring up Lum

>>56927078
Everyone was taking out a loan though? But rather than invest it into the markets, people put it into property which paid off handsomely and gave them an even higher QoL. You have no idea how indebted certain european countries are. Scandis are up to their necks in debt but since it is mostly cheap debt, nobody cares. Plus people will always find a way to pay loans back.
The ZIRP time of the 2010s has allowed for pretty much everyone to participate in the joys of the world since everyone took out cheap debts. I should have also taken loans since taking cheap loans = exponentially more money. That is how you grow an economy. Confer unto people the ability and proclivity to borrow cheap loans.

>>56927078
Pretty sure those for only for real estate loans. We even reached a negative rate at one point.

Just watched frieren. Hadn't watched anime in a while. Any other recent animes that were any good?

>>56927078
That's not interest rates for plebs. There's prime rate for mortgages which is usually 2-3% above central bank rates. Then there's also margin rates which are 3-4% higher than prime. Nobody is giving you a 0% loan to invest lmao everyone would do that

Good morning
I dreamt that I had more money (enough to stop working) and I was happy but then I woke up sad realising it was a dream

>>56930888
Maybe goblin slayer? I dunno man. I kinda lost my feel for anime. I've gone back to pre 2010s cinema. Besides the comedy aspect and sometimes action, anime kind of fails in everything.
But I digress, have you seen ID: invaded or summer time rendering? Looked kinda interesting. The latter was recommended to me by a female friend of mine. Strangely, it's the women in my life that are obsessed with anime

>>56930952
I dream of nuclear warfare and apocalypse but I think your dream is more realistic.

>>56930980
I hate selling my youth to the corp
I can't believe people just accept this as a default way of living

>>56926630
Myanmar holds most of the worlds gem mining and military just lost a major battle against a smaller tribe
Tigray may spill over and Eritrea and South Sudan might get involved

>>56931006
Yepp. Plus, if you are a youngster, you are kind of forced to work overtime to make up for inflation and to even have a working chance. My typical working week is 60h/week but I've done 80h/week for long periods just because my life is empty and I am still young enough to be able to do that. Haha, men reach their peak in their 30s anyway, r-r-right?

>>56931022
How much can you save per month if you lived like a slave? (Only essentials)

>>56931034
>>56931022
save this *whips out cock*

>>56931034
Depends on the flat you're hiring I guess. I can save quite a lot since the industry where I work is located in a small town yet it's an engineering position so the pay is bretty good. Say I get 4k/month, in which case I might be able to save around 2.5k? Taxes here are ridiculously high and they just told us that rent is gonna be increased by 8-10% next year (wtf, why? That exceeds inflation. I hate this pathetic country).
If we consider overtime, then I can acquire quite a bit of money. I should be able to buy a house debt-free by the time I am around 30. Haha, living the life.
>>56931048
Don't you behave in this manner in front of my Lum

>>56931066
I get 2.7k after tax and I live with my father (violent drunk)
As a software engineer in yurope

Should I sell my shitty 3M lawsuit stock and my lame Walgreens Boots Alliance, and put that money from the sale into Alibaba?
I would also probably save on Steuererklärung (tax return)

I-I'm shoooorting

>>56931086
2.7k after tax is pretty damn good in europe. Well, maybe not in Switzerland or Norway but you get my point.
I've once lived with a drunk for a few weeks... hell, never again. Absolutely disgusting. Coming home only to see the guy smashed on the table, sleeping in his own vomit. I'd rather pay and have a place of my own

holy shit my crispr is up 70% i was down 10% just a month ago

>>56930920
B00kmark

>>56931113
Lol imagine STILL being short on Tesla. Maybe the biggest retards in history.

>>56931131
Paypigs. They have an unquenchable need to lose money

>>56931114
I will do anything to save every penny I can
My pants have holes and I use needle and thread to fix what's necessary
I eat mostly rice pasta bread and lentils
I want to exit the system ASAP whatever it takes

IMPORTANT QUESTION

If you had 1000 bucks, what approach would you take to make 100k out of it with the highest probability? Only short term (<5yr) solutions allowed

>>56931384
buy the dip
and
don't buy useless shit or shit with zero future unless you are riding the news to sell quickly
with that said keeping lurking /smg/

>>56931414
Nah anon, that's too abstract and not really sure how you want to 100x just with that. If you bought the corona dip SPY, you would be up 2x now, which isn't bad but not 100k.

>>56928198
>they keep expecting a brittle failure, when fiat suffers plastic deformation
Nicely phrased.

Hello?...

>>56931420
You gonna get brutally sodomized by taxes if you 100x that fast. We're talking the infamous scene from the movie "Deliverance."

>The retarded baggies in /smg/ were shilling weed stocks last week
The shit dumped hard on Friday. You retards are always a top signal, the DEA shit has already been priced in. You got a 50% pump, MSOS will never go to double digits ever again.

>>56931452
>You gonna get brutally sodomized by taxes if you 100x that fast.
I'll do that either way. Doesn't really matter if I do it slowly or quickly

>>56931452
>>56931519
suppose i ever "make it" and can afford to spend an entire month just buying and selling stocks untill i burn about 10k just for the sake of forcing the tax auditors to read piles of paperwork. does it work that way?

>>56931450
Hello? Anon?

>>56926646
>>56926684
he was my favorite drummer. I love the Police.

Working 40 a week is gay and retarded. I have 750k, basically all from family, and started paying attention to my finances a couple of years ago. I live in Germany and pay straight 25% taxes on capital, including reinvested dividends. My only financial goal is to pay the bills, which are at maximum 15k a year, until shit hits the fan and money doesn't mean anything anymore.

I think I can meet that goal. I mean 7% returns if I bought the market, 25% taxes, setting aside enough to cover 3% inflation - that all leads to something like 17k a year in returns.

My career has basically been data science, and collecting and analyzing data is something I still like doing. I thought of combining magic formula investing with momentum investing, and making a list of say twenty/thirty stocks to choose ten from.

Is that just autism, and would it be better to just toss it in an ETF and call it a day? I feel like increasing my returns is important since it seems like I only have just enough money to cover my costs.

>>56931113
Pepsi is a pretty big chunk of my portfolio. Have I been a bagholder all these years and just never known?

>>56931813
dont do that stock picking shit it wont work. 97% of active manager fail to beat the market. stick to broad market etfs, in tax advantaged accounts. please talk to a real financial planner

>>56931832

>>56931813
put like 700 in etfs and the try to learn the method you are trying with 50k. do that few years then if it keeps working then bring the 700k to the method account.

>>56931384
Short term treasuries until March then straight into index funds.
It won't get you there but it's your best shot. If you want better odds keep adding money.

>>56931452
Obviously he uses a Roth IRA. The yearly limit is 7x that.

>>56931564
No. You use tax advantaged accounts like Roth/rollover IRAs so you legally don't even have to file taxes on this stuff.

>>56931832
>he doesn't gamble
Holy casual

>>56927282
who was RKG?

>>56930554
yeah like the other anon said check for overlap. looks very diversified.

>>56927213
SHORT

>>56927712
Why would this go bullish if the company is constantly losing money?

>>56930554
If you want boring but safe gains, go 80% in a global index fund with low rates <0.30% if possible, and the rest in emerging markets fund with a low fee.

>>56931384
Uranium?

this is not financial advice

>>56927360
annual maint is opex, not capex

>>56927360
>typical annual maintenance capex for a gf?
a woman only costs 3-6k a year but where they really get you is with:
>let's get a house in a nice area
that can bankrupt you if you're not careful

>married with 5 kids

>>56927360
40k

>>56931384
there is no solution to that. what will happen is you'll be dumb enough to fall for a paid advertisement of a "trading system" that doesn't work but generates lots of commissions on the trades, for the brokerage (or investment bankers) behind the scheme.
>>56932350
nope. uranium is a 100-year play. not even close.

>>56931131
is this the chart you're buying?

>>56930683
>10-year
you'll be broke in 10 months.

I will start to dollar average 500$ on apple and microsoft, rheinmetall
thoughts on that

HOW MANY TIMES
DOES HE
HAVE TO TELL
YOU
NIGGERS
how many fucking times?

>>56932662
...tell us what?

>>56932579
>there is no solution to that. what will happen is you'll be dumb enough to fall for a paid advertisement of a "trading system" that doesn't work but generates lots of commissions on the trades, for the brokerage (or investment bankers) behind the scheme.
Ok and what if I'm not gullible but not risk averse (i.e. want to make money quickly) either?

>>56932675
JUST CLOSE
THE FUCKING DOOR
(not to mention higher for longer)

>pre-futures

>google arch nemesis is adblockers on /g/ getting youtube for free
>disney arch nemesis is autistic fat people on /tv/ during the star wars era and rednecks in florida

What is microsoft and apples arch nemesis?

>>56931826
lol I own both Pepsi and Costco (moreso Costco)

Either we're both geniuses or we're both fucked

>>56932881
disneys arch nemesis is literally everyone who isnt a tranny or an npc

AAPL's is anyone who actually knows anything about tec or has a brain to compare specs for prices

MSFT's is aapl tards

LESS THAN 8 HOURS UNTIL FUTURES OPEN!!

Someone bake and do it quick.

>>56932961
CAN'T WAIT TO SEE WHAT NATGAS AND OIL DO
(everything else is fake and gay)

interactive brokers trader workstation has tradingview charts option now. wish they had the indicators too. would be the perfect setup for me

>>56932972
That would be me and my girlfriend, if she weighed twice as much and I had a Italian leather sofa.
https://youtu.be/nfVIkt0La50?si=az0_teKjCqnjsXRb

MIGRATE WHEN READY

>>56933207
>>56933207
>>56933207
>>56933207

>>56930683
>V. Galactic (SPCE)
Actual retard move

>>56927282
You have to pay extra for happy ending frens. RIP
>>56927916
>"Hyman bros."
It just needs a comma between Hyman and bros
>>56928044
Oil and brown people. How could the USA not resist intervening?
>>56929746
Gross