[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

>> No.25450548

GME

>> No.25450572
File: 367 KB, 1400x1050, F49B8385-DEC7-4A51-A108-2FF8A1CD7A2B.jpg [View same] [iqdb] [saucenao] [google]
25450572

>> No.25450587

$NICE
An experiment with no purpose. No whitepaper. No roadmap. 87k market cap.
Medium: https://thetimtempleton.medium.com/what-is-nice-4cc363edf7a2
420 max supply - once 420 is hit, rewards cut by 99% and 10% burn per tx is enacted
Once 69 is hit, 100x farm rewards and 0% burn per tx
Integrations: Rottenswap.org farm pairs, BloodyFi.org staking pair.
Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0x6d5416567e09b99d7b4b7897129edb19c2f1305a
CoinGecko: https://www.coingecko.com/en/coins/nice
Trade: https://app.uniswap.org/#/swap?inputCurrency=0x53f64be99da00fec224eaf9f8ce2012149d2fc88
Add liquidity: https://app.uniswap.org/#/add/0x53f64be99da00fec224eaf9f8ce2012149d2fc88/ETH
Website: Niceee.org

>> No.25450606

https://www.youtube.com/watch?v=RuAwYsbUq48

the rasta lyric printer go brrrrrr

>> No.25450635

>>25450551
>thread died
Rip. I wish there was a bigger percentage of stock traders on this board. Instead of 99% crypto traders, .5% stock traders, and .5% precious metals and trading card hoarders etc

>> No.25450666

Welcome friend

>> No.25450684

>>25450500
CHANDLER!!!!

>> No.25450697
File: 72 KB, 1080x736, fbf06cc0f5e9ef88.jpg [View same] [iqdb] [saucenao] [google]
25450697

why was I such a lazy retard in school, I could've jobbed on the side to make money but now Im 24, broke, and I just learned about the stock market this year
why do I keep missing out on opportunities to make money

why has nobody fucking told me how important money is? teacher, friends, family never mentioned anything fuuuuucccckkkkkk
there are 18 year olds who have like €50k already

>> No.25450706

>>25450635
this. cryptofags should be excommunicated and sent back to India

>> No.25450714
File: 7 KB, 223x226, download.jpg [View same] [iqdb] [saucenao] [google]
25450714

>>25450635
That's the first time in quite a while I've seen a thread die without another one to replace it. Everyone is shitting themselves over BTC, which is a sign of the top. Me however? Heh, I'm sitting comfy acquiring shares of RYCEY.

>> No.25450725

>>25450697
Don't worry frend, it's never too late. 6 years isn't that much in the long term

>> No.25450759

sitting here clutching my BNGO stock like a lottery ticket for monday, come on baby you're my way outta here

>>25450635
could this board BE any more homosexual?

>> No.25450761
File: 55 KB, 587x585, 1468857077396.jpg [View same] [iqdb] [saucenao] [google]
25450761

>>25450572
Imagine investing in brick and mortar in current year. Not only that but after meme virus

>> No.25450780
File: 2.42 MB, 456x684, 210101 bㅣㄴ틈 있지.webm [View same] [iqdb] [saucenao] [google]
25450780

what does the scouter say about the future level

oh nvm its only sunday morning

>> No.25450821
File: 2.93 MB, 576x1024, biz_smg_kpop_anons_real_identity_tinny_foiler_tiktok_121320.webm [View same] [iqdb] [saucenao] [google]
25450821

>>25450780

>> No.25450839

>>25450697
>why has nobody fucking told me how important money is? teacher, friends, family never mentioned anything fuuuuucccckkkkkk
This shit hits hard man, I didn't start until I was 26 and when my back was against the wall. At least you're learning and getting serious now, there's people that spend their whole lives stressing out about money without doing much to actually address their habits and use of time.

>> No.25450867

Are there really tons of people out of work, suffering, hungry, homeless, etc? (more than usual)

Except for some people wearing masks, it looks like society has completely recovered around me. Restaurants are open, people hanging around social gatherings, etc. Maybe I'm just lucky and white priveliged though.

>> No.25450888

I'm looking to get into trading, out of the brokers in the pastebin is there any particular one that's recommended for just learning the ropes? I read the books in the pastebin already.

>> No.25450933

>last thread
God damn why does this board not have any fucking flags?
Its always namefags and TSLA/cryptopajeets in off hours now.

>> No.25450937

>>25450867
>Are there really tons of people out of work, suffering, hungry, homeless, etc? (more than usual)
I think it gets blown out of proportion for political gain, but some states have actual strict lockdown guidelines where resturants and bars can't have sit down dining and stuff, outside of that anyone who was already struggling before covid is still struggling after covid. Most people and businesses have adapted by this point with things like curbside pickup/ work from home/ social distancing

>> No.25450948

>>25450839
My coworker is 51 and lives paycheck to paycheck. He's literally gonna work until he dies. If you start investing in your 20's you'll be fine.

>> No.25450987

>>25450867
I live in MN and our dumbass governor decided restaurants can only do OUTDOOR dining, IN THE MIDDLE OF WINTER

>> No.25451018

>>25450948

I'm worried about my generation of millenials. Almost everyone I talk to rents, is not saving, and lives paycheck to paycheck. We are going to have massive entitled riots in the future with people whining about how it's the government's fault they can't retire. "I COULDN'T SAVE MONEY, I JUST HAD TO HAVE THE NEWEST IPHONE EVERY YEAR!"

>> No.25451025

>>25450697
>>25450839
This honestly, i wanna get into trading and shit. I got some extra money in a savings account and it's not really doing anything. I need to do something with it before it's too late.

>> No.25451048
File: 13 KB, 272x263, square.png [View same] [iqdb] [saucenao] [google]
25451048

Are indexes like sp500 and nasdaq100 gonna dip if the Georgia runoffs go to the dems? Should I sell my index ETFs on monday?

>> No.25451075

>>25450948
>My coworker is 51 and lives paycheck to paycheck. He's literally gonna work until he dies.
That's kinda bleak but it's definitely a reality for some people. I guess at some point, you just kinda accept how things are and just go a day at a time. Hopefully when he gets too old to be useful he can fall back on SS or a pension or hell maybe even his family.

>> No.25451105

>>25451018
Oh most definitely. It's basically getting to the point where politicians are gonna get ripped out of their homes and hung. A lot of millennials got meme'd into college and now can't pay it back. There will be a huge change in fiscal policy before we die

>> No.25451132

>>25450888
Robinhood is noob friendly. In the end you might want to move on to something else. I see a lot of people mention TD Ameritrade.

>> No.25451142

lmao, these shit tokens fudders can’t make normal shilling
forget about them and don’t hold this trash
follow mettalex - powered by Binance IEOS
>no big VCs or whales, high potential of growth

>> No.25451146
File: 37 KB, 720x960, 2d038456-a682-4b91-ab3c-1d4665a509f8.jpg [View same] [iqdb] [saucenao] [google]
25451146

>>25450948
Thank god I started investing at 19

>> No.25451162

>>25451048
I am 30% bonds atm for that juicy 2.7 sortino ratio

>> No.25451168

>>25451132
thanks, robinhood was where I was considering starting, I just didn't want to get off in the wrong foot.

>> No.25451175

>>25451105
Not really, the insane level of wealth in what we call "first world" countries will keep these people pacified
The American/ European/ North-East Asian populations have become too fat (literally, metaphorically or both) to affect change

They will own nothing and be happy

>> No.25451190

>>25451025
Every single extra penny you have (beyond an emergency fund) needs to go into stocks worry free. People constantly talk about how it's risky and you need to be prepared to lose all of the money you put in. As long as you aren't a TOTAL RETARD and have long term goals there's almost no risk. Put it into blue chip stocks or index funds and you'll be fine as long as you don't panic sell after some bad news. If you just let it sit in a savings account, there's no risk because you're guaranteed to lose ~2% to inflation every year (probably more now with all of the money printing.)

You can even put the money into dividend stocks, which are even less risky, and pay out every 1-3 months. Not as good long term growth potential, but it's a good asset to have to make a little extra money

>> No.25451226

>>25451146
I got $48k when I was 22 from a motor cycle accident, my mom said I should buy a new car with it. My brother said I should start a weed farm with him. After 3 years all I have left of that is 20 acres in the woods, my brother won’t speak to me after he stole my half of the weed and my tiny house I built.
Let this be a lesson to everyone. Don’t go into business with your family, don’t buy a new car. Buy stocks instead.

>> No.25451241

>>25451018
>>25451105
>>25451175
The proles will never revolt. It's always the middle class that revolts, and that's being decimated. There's is little hope really other than joining the Inner Party.

>> No.25451264

>>25451226
Dude, you should've bought bitcoin in december 2017 instead.

>> No.25451287

>>25451226
>20 acres
motherfucker go start a farm and live the life

>> No.25451319

>>25451226
How does your brother steal your house? Just throw his ass out.
>>25451241
I mostly agree, but our government has gotten incredibly arrogant and sloppy. If the sentiment of the west coast crazies spreads to the rest of the country, you could see him serious problems arising from that. A lot of those people have the mindset of,
>I'm already broke and have nothing, what are you gonna do throw me in jail?
I guess we'll see. I definitely want no part of it.

>> No.25451338
File: 164 KB, 425x417, WEW.gif [View same] [iqdb] [saucenao] [google]
25451338

Any fellow MARA holders?

>Dilution ended on the 30th
>bought the fuck out of BitMain's supply, competitors will struggle to source mining equipment

4,000 in January,
6,300 in February,
4,800 in March,
1,800 in April,
1,800 in May,
1,800 in June.

70,000 added in July through EOY

>> No.25451367

Should I focus on dividend stocks in my roth IRA because they are tax free? Or just go with growth stocks which would still outpace dividends?

>> No.25451412

>>25451319
Basically I towed a supply trailer 2 states to the property since it is raw land. I built a 8x18 tiny house on said trailer after getting stuff. I was in a city near by and a my neighbor asked if I know my brother was up at my property. I said no, neighbor said that my brother was pissed and took my tiny house.
I guess he drove it down to his girlfriends dads weed farm in Shasta and they broke up. So now my tiny house is on some random dudes property in California

>> No.25451420

>>25451319
The government is exactly as arrogant as the people allow them to be. If they weren't, they'd be leaving money on the table. So this means that people actually allow this arrogance, i.e. they don't care as much as you would think.

>> No.25451442

>>25451287
It is raw land, planning on building an actual house out there in a few years
>>25451264
Nvda was like 4 dollars at the time, btc was $180-250

>> No.25451455
File: 86 KB, 750x840, 7850847E-3F48-4B21-AECF-02A20EC9C028.jpg [View same] [iqdb] [saucenao] [google]
25451455

Listen to me you cocksuckers, okay? RYCEY is going to be between eight to fifteen dollars exactly a year from now. I will make eight to fifteen times my money. All of you that think it's going to dip below a dollar never happening. So you can either get on the train or you can miss the train, because we're scraping bottom here. We're about to go, within two months we'll be at three. Within six months we'll be at five. Within eight months we'll be at eight, okay. Within twelve months we'll be at fifteen. So you can either get rich, or you can bitch and whine about how it's a dead company. So I, for one, would prefer to get rich, thank you very much.

>> No.25451469

>>25451412
steal it back! whats he going to do, call the cops?

>> No.25451494
File: 10 KB, 400x400, mehh.png [View same] [iqdb] [saucenao] [google]
25451494

>>25450714
>>25451455
Dude, just stop. The rolls royce pump and dump is not going to happen, no matter how much you shill it here. The market cap is too big: even if you do convince some tretards here, it will not move the market.
You're just embarrassing yourself.

>> No.25451495

>>25451455
good morning john

>> No.25451531

>>25451412
So you're gonna murder your fucking brother right?

>> No.25451535

>>25451469
I don’t know where the property is, and weed farmers in mendo / Shasta are usually super violent for some reason. Can’t register a police report because it wasn’t a registered trailer. Only thing I can do is take my brother to small claims court but that’s way to much effort. I told my grandma the whole story and she wrote my brother out of her will which is like a $15 million estate.

>> No.25451557

>>25450635
I think at least some of the autists in /smg/ are investors and not just traders, seems to be overwhelmingly traders though.

>> No.25451558

>doge going up
>stocks haven’t moved in 3 days

Ngmi how can you make money when it’s closed 99% of the time

>> No.25451568
File: 44 KB, 598x711, 1608907548543.jpg [View same] [iqdb] [saucenao] [google]
25451568

>>25451494
>Dude, just stop. The rolls royce pump and dump is not going to happen, no matter how much you shill it here. The market cap is too big: even if you do convince some tretards here, it will not move the market. You're just embarrassing yourself.

>> No.25451569

>>25451494
>he doesn't understand who Krauss is
ngmi

>> No.25451582

>>25451535
>I told my grandma the whole story and she wrote my brother out of her will which is like a $15 million estate.
rub his face in it after the fact, lmaooooooooooo

>> No.25451591

>>25451442
>It is raw land
What do you mean?

>> No.25451606

>>25451531
Karma is a bitch, last I heard he was working construction in Reno NV
I am a software engineer and work from home In the PNW. Also grandma loves me and always thought he was a selfish asshole.

>> No.25451618

>>25451568
Posting the same exact basedjack picture every time is also kinda cringe.

>> No.25451634

>>25451535
>she wrote my brother out of her will which is like a $15 million estate.
So you are the one getting murdered then?

>> No.25451638

>>25451535
>she wrote my brother out of her will which is like a $15 million estate.
why are grandmas always so based

>> No.25451661

>>25451618
You're extra bitchy today.

>> No.25451666

>>25451591
There is no buildings, no electricity, no sewer hook ups. Only a creek and forest. Anything I build has to basically be a complete system. I drew up plans and a complete 1200 sqft house is like $34k in materials, which is fine but I have to take the summer to build it. My dad and uncle are master carpenters so they would come out and help me though so that’s chill.

>> No.25451714

>>25451666
>a creek
Damn, one of my dreams is having a micro hydro self sustained mini house in the woods. Now with starlink it's be dandy.

>> No.25451721

>>25451634
Everyone in my family would know it was him. Like he is abusive to animals and shit, just a weird vibe from a very young age.

>> No.25451792

>>25451638
Yea I lived with them for 2 years when I was going to college in the Bay Area. Always helped out however I could, wasn’t even trying to be a kiss ass I just genuinely loved my grandparents and learned so much from them.

>> No.25451828

>>25451638
Grandparents and parents know. One day when they get old and sick you find out who is really there for you and who was taking it the whole time. A lot of people in these threads are gonna have a ride awakening when their parents die, especially the NEETs. You may think you're inheriting everything, but a lot of you are worthless cunts and your parents are gonna give everything to some charity or something and leave you hanging.

>> No.25451862

>>25451828

The only hope millenials have is "the greatest generational wealth transfer in history" when the boomers die out. Would be funny to see your scenario happen.

>> No.25451882
File: 98 KB, 841x1433, 55EBF15D-49C9-4DE7-B280-97C0A9104A37.jpg [View same] [iqdb] [saucenao] [google]
25451882

>>25450500
Anon is that your stock portfolio? What the hell is pltr and gme? Are you a virgin?

>> No.25451892

Tether printing is going into hyperdrive for BTC. Big court date for Tether in 2 weeks. This BTC rocket likely goes much higher or sinks into the abyss after sucking up retail and dumb hedgie money

>> No.25451906

>>25450948
I am 28 and have some money on the side, mostly from stock gains, enough to live 2years without working.
But I'm going to risk it all this year. I am quitting my job and starting my own company. I don't give a fuck about amassing wealth anymore, I want freesom, I cannot work another year for some stupid fuckhead boss, I need to be the one deciding my priorities.

>> No.25451969

>>25451892
>dumb hedgie money
dumb BB money more likely

>> No.25451988

>>25451828
my parents are divorced and my dad straight up told me I wont inherit anything (we're still cool though)
I made peace with my reality that I cant rely on others and that I have to work for everything I want, that mindset will never change
but yes I will be fucking sad when anyone in my family dies

>> No.25451999

I now have ~86K in stocks (mostly index funds) and am kind of feeling like I'm still missing out. Should I start playing riskier? Options? Bitcoin?

>> No.25452000

Why didn’t you buy doge to play around with on this boring weekend?

>> No.25452008

How much of a scam is Jack Schwager?
Can I buy his book or should I continue looking for a pdf?

>> No.25452009

>>25451906
I thought this same thing anon, but at my current saving rate there is a strong possibility I can be close to 1 million in equities in the next 7 years. I am 27 now and 34 with a million dollar portfolio doesn’t sound bad for a few more years of boot licking. Then I can start a business once I have passive income.

>> No.25452080

>>25451988
My dad was literally homeless a few years ago, my mom is a typical woman who spends every dollar she gets her hands on. They both squandered a $500k inheritance when my grandfather died in 1994, to put In perspective how bad it was; we were living paycheck to paycheck when I was 6 years old in 1999. How the fuck do you blow through half a mill in 5 fucking years. The only person in my family with real wealth is my grandma.

>> No.25452101

Someone told me to start getting into commodities

What should I buy and what does that even mean?

>> No.25452113

>>25450759
>BNGO
mother fucker! why wasnt this shilled on here earlier!?! damn I coulda made a fat stack if id only known a week ago...

>> No.25452124
File: 2.08 MB, 696x9999, 1593675750873.jpg [View same] [iqdb] [saucenao] [google]
25452124

>>25452009
I cannot even contemplate one more year of working like a slave, much less 7.
Then I would reach mid thirties and think
>Great, my life starts now?

That's too late. Fuck this shit, if I crash and burn, I crash and burn. I refuse to participate in this clown theater we are led into believing is supposed to be "proper".
I believe in myself and my abilities. I might not become a millionaire, but I most certainly confident I can build a business thst allows me to live with at least the same income I currently have while actually working on things I am passionate about and with the ethics I respect.

>> No.25452128

>>25452101
Copper

>> No.25452148

>>25451862
It's entirely possible, a lot of boomers might use their wealth to check themselves into a luxury retirement home so they don't have to rely on their shit bag kids to take care of them in their twilight years.
>>25451988
Kind of smart on his part to get it out of the way and smart on your part to not expect an inheritance.

>> No.25452158

>>25452128

so buy companies that deal with copper, or is there a copper index fund? I feel really retarded

>> No.25452164

>>25451999
Nope. You are good.
Maybe if you really believe you are mentally strong to prevent yourself from falling into the gambling trap, you can try risking a small amount to memes but dont get to comfortable with it.Trust me, gambling only leads to anxiety and bad decisions

>> No.25452178

>>25452113
It first appeared on /biz/ around $1.2 or some shit. I ignored it because it had mooned too much at that point.

>> No.25452191
File: 555 KB, 1600x1070, 1599324019370.jpg [View same] [iqdb] [saucenao] [google]
25452191

>>25451999
Checked, no. If you don't have time to be constantly monitoring your positions and doing research to find good picks then you're doing the right thing keeping most of your portfolio in index funds or other ETFs.

>Should I start playing riskier?
Realize that the people who buy into something being afraid of missing out almost always get wiped out. That mentality gives rise to euphoric mania, which is what builds bubbles. You may very well end up profiting from this speculation, but the risks involved are probably much greater than they seem. Bitcoin is the ultimate manipulatable asset (anonymized/obfuscated transactions, programmability, no way to assign a valuation, popular in the news), the institutions have finally caught on to this aspect of it and are taking full advantage of it.

If you want to fuck around with options, you can consistently make some money with some of the smarter strategies but it's not going to be very much at all. It's also somewhat time consuming, though not as much as doing real research into your investments. You can YOLO into a few extremely asymmetric bets that pay off huge with little capital upfront, but this is effectively the same thing as playing the lottery.

>>25452000
>back-to-back trips
Checked, /smg/ is once again the king of /biz/ threads

>> No.25452199

>>25452158
SCCO and FCX mine it. You can also buy copper itself.

>> No.25452228

>>25452124
I would tread lightly anon. You're talking about quitting working and trading full time when markets are at ATH's. Whats more likely to happen is you start day trading, rugpull happens, and now instead of having to work another 1-7 years, you have to work another 20. It can happen. The '08 crash caused my dad to have to work an additional 5-10 years before retiring.

>> No.25452300

>>25452228
>trading full time
I never mentioned that, though.

>> No.25452306
File: 405 KB, 615x689, 1591719138796.png [View same] [iqdb] [saucenao] [google]
25452306

>>25452228
I wageslave for 6months now and already have had enough of a lifetime. My plan is few more years to buy some land then fuck off.
I can barely take it

>> No.25452328
File: 17 KB, 205x246, 9E0DD3A0-768F-40D0-B57A-EF8879615624.jpg [View same] [iqdb] [saucenao] [google]
25452328

>>25452228

>> No.25452369

>>25451018
>Almost everyone I talk to rents, is not saving
Renting is superior almost everywhere with both cars and houses. A mortgage only begins to win out after several decades and most people don't live that long in one place until they are near their 50s and 60s.
Mortgages are powerful for debt leveraging which most people don't know how to use properly. But RH can give you 2.5% margin....

>> No.25452413

>>25452306
I've been wage cucking for 20 years now. It gets easier as time goes on. The key is to find a job that is the most tolerable, not necessarily the job that pays the most. This might sound retarded, but trust me it's not.

>> No.25452418

>>25452228
My dad did something similar with refinancing the house in 06'

>> No.25452430

https://mobile.twitter.com/aravosis/status/1345562538218545153

Is this bullish?

>> No.25452441

>>25452369
Yeah, I agree. Just meant that nobody is actually SAVING to buy a house. Renting can be a good option for most of your life, as long as you have a long term housing plan in the works. A lot of millenials are content living paycheck to paycheck, but eventaully they'll be too old to work but will still need to pay a 2000 dollar a month rent payment because they don't have a paid off house.

>> No.25452521

>>25452413
Sounds like wise advice, but there are people that just cannot easily tolerate working for others. And not because they're lazy, but because they are too industrious and/or creative. Working in a huge company is like being a tamed horse. It's fine if you're all right with trading your hours for money, but there are people that desperately need to express their ideas and try things.

>> No.25452525

>>25452369
>mortgage only begins to win out after several decades
You mean I pay the same amount monthly, but not anymore after 15 years? As opposed to renting when I don't even get to keep the apartment?
(Not top mention not being able to customize it in any way, and at the mercy of the landlord not raising prices)
What kind of loony wageslave cope thinking is that?

>> No.25452536

>>25452413
I've been in and out NEET for 10 years making money from the most retarded shit you can think of just so I would not wage slave. Knowing that freedom fucks me up even more.
Now I found a "good" job in IT after learning the ropes for few years and even though I work only from home it still sucks massively.
I think you are very right about finding a job you can tolerate or even love.

>> No.25452560

>>25452521
>Working in a huge company is like being a tamed horse
It's absolutely soul crushing, yeah. But you can work for a small company: most of the freedom of being self-employed with a negligible risk.

>> No.25452562

>>25450572
Is Ryan Cohen playing a high stakes poker game with short sellers?
Seems like is constantly raising his stakes so the short sellers have to fold

>> No.25452583

>>25452369
Depends. Interest rates are at extremely low levels, 2.78% is the median on a 30 year fixed. Depending on what renting costs are in the area, what return you think you can earn consistently on money saved by renting and not spending 20% on a down payment, what the property tax rate is, how much upkeep the house requires, and what you expect the property value to do over time then buying might be a more sensical decision for a lot of people.

It only takes about 30 mins of work (15-20 mins if you use Excel) to figure out whether you're better off buying or renting.

>> No.25452595

>>25452562
It's also WSB autists buying up 5-30% of the float, playing chicken with a hedge fund.

>> No.25452632

>>25452525
Not everyone has certainty they can find a house they need.
In my case, I'm 28 but single, I live in a one bedroom apartment, in a nice place.

I still have hope I can get married and have kids, so I wouldn't want to buy a one bedroom apartment, but I also don't want to buy a bigger house if I'm not even sure I will ever find a gf.

Also, I was on the verge on going abroad and working in another country on multiple instances, I have no certainty of staying in the same place.

>> No.25452640

>>25452430
>those comments
I will absolutely never ever get tired of seeing liberals absolutely seethe even though I don't particularly think republicans are all that great
>>25452521
I agree. People who are creative and/or industrious should just start their own business frankly. I have no interest in starting a business myself because I see how it ages people, but I respect the hell out of people who do.

>> No.25452646 [DELETED] 
File: 396 KB, 2506x1576, 2.jpg [View same] [iqdb] [saucenao] [google]
25452646

What do you know about DuckDAO?

Found Medium article about their Crypto Incubator, seems safe, share your opinion about it.

>> No.25452669

>>25452441
>but eventually they'll be too old to work but will still need to pay a 2000 dollar a month rent payment because they don't have a paid off house.
That isn't the power of a mortgage to remove constant payments. The advantage of renting is that it is far easier to respond/take advantage of lower/better properties as a renter than a homeowner. The debt from a standard 25/30 yr mortgage "inflates away" and is the primary way a lot of even the dumbest boomers can stumble into wealth is literally from their home. You can also borrow against the mortgage which is dangerous but one of the only ways plebes can access what is fairly standard on wall st.
The general tends to fixate on inflation of the stock market that has been going on since 2009 but real estate has been inflating faster and far more in much of the country. Millennials, zoomers, whoever are rightly pissed off at Boomers for basically printing home ownership to ridiculous levels that aren't supported by wage growth.

>> No.25452724

Is there ever an Australian /smg/?

>> No.25452725
File: 993 KB, 250x250, 1609551653060.gif [View same] [iqdb] [saucenao] [google]
25452725

>>25452595
>reddit thinking they are gonna out jew the jews
Oh this is gonna be a joy to watch unfold.

>> No.25452736

>>25452560
I tried to find one, but I honestly couldn't. It always seemed from the few interviews I had with those that their mindsets were amateurish and the boss was a prima donna.

>>25452640
So yes, that's basically the conclusion I reachwd, and hence why I'm throwing myself into the game.

>> No.25452738

>>25452669
>You can also borrow against the mortgage which is dangerous
Wtf are you taking about, surely not a HELOC which is borrowing against the equity? I refuse to believe there's a single bank which lets somebody borrow using a mortgage as collateral, makes no fucking sense. Can you elaborate?

>> No.25452747

>>25452632
>I have no certainty of staying in the same place.
This is a real reason to rent, and it's a good one. It's just that you have to realize that you're paying for this freedom. How much is easy to calculate.

>>25452669
>it is far easier to respond/take advantage of lower/better properties as a renter
It's also way easier for landlords to take advantage of renters.

>> No.25452766

>>25452736
> It always seemed from the few interviews I had with those that their mindsets were amateurish and the boss was a prima donna.
Amateurish is not really a problem as long as they are intelligent and willing to listen.
That said, it took me 3 years and dozens of interviews to find such a company.

>> No.25452779

>>25452525
>You mean I pay the same amount monthly, but not anymore after 15 years? As opposed to renting when I don't even get to keep the apartment?
You focus only on the payments over time. The point is that a renter doesn't have to put as much money down and can put that instead in other assets (such as the stock market, which is strongly correlated with the real estate market). Your income, where you live, and what these costs might be are all correlated.
Putting yourself into more debt at the start significantly dings your net worth unless you hold it long enough for the debt to depreciate. The GCF was caused in part from taking advantage of people's poor understanding of this.
>>25452583
Correct. The calculus is not hard to do but so few people think to do it.

>> No.25452793

>>25452191
Good advice

>> No.25452871

If I put my money in doge instead of stocks I’d be rich reeee

This weekend alone would of done better

>> No.25452889

>>25452738
Remortgages or HELOCs specifically but collateral for other loans as well. Most small business owners use the mortgage itself as a collateral for a loan for their business, usually by the same bank.
>>25452747
>It's also way easier for landlords to take advantage of renters.
Sure, there are more tradeoffs than just ROIs here. Renters can at least get repairs subsidized or covered by their landlord.

>> No.25452921

>>25452779
>Putting yourself into more debt at the start significantly dings your net worth
What? No, because the real estate you bought cancels the debt out, as long as it is appreciating faster than the interest minus inflation.
Also, you'd want to acquire as much debt as you can possibly pay (in the long run), because all that money can then be invested in stuff (like real estate).
The downpayment sucks, but holding onto that money and investing it elsewhere may not be worth paying rent.

>>25452889
repairs are priced in. You are paying for it one way or another.

>> No.25452930

>>25450761
Its a good pump and dump because of the new consoles but I seriously don't understand the few people that are going long term with GME kek

>> No.25453009

>>25452871
So long as there are securities and cryptocurrencies, there will always be more opportunities to make a stupid amount of money for no good reason. Don't beat yourself up because you missed a porn star's tweet about a relatively obscure cryptocurrency made in 2013 as a joke which was named after fucking doge, Anon. Seek out your next win on you own, or let us do that for you ;^)

>> No.25453010

>>25452930
they must really trust Reggie

>> No.25453011

>>25452921
>real estate you bought cancels the debt out, as long as it is appreciating faster than the interest minus inflation.
Yeah, but that's not spendable and therefore not compoundable

>> No.25453027

>>25452871
We've reached a point that fundamentals, financial health/security, and common sense simply don't matter anymore. If definitely feels like we are about to have a collapse that makes the great depression look like a boring crab day. I hope I'm wrong but this simply can't go on much longer.

>> No.25453040

>>25452889
So a bank who I owe money to will let me borrow more money if I owe more money to them? Are you sure about this because I have never heard anything that describes this. Why would anybody let a liability be secured by a liability, it doesn't make sense

>> No.25453072
File: 2.38 MB, 640x358, GapeNewell.gif [View same] [iqdb] [saucenao] [google]
25453072

>ALPP

Buy it on monday, or you are biggest cuck.

>> No.25453076

>>25452921
>No, because the real estate you bought cancels the debt out, as long as it is appreciating faster than the interest minus inflation.
The reason why there are excel documents out there for renting vs. owning a property is because of returns from home appreciation (debt depreciation) versus returns from investing that downpayment and the net margin into, say, the stock market.
Stock market returns tend to be better versus home price annual appreciation. The advantage of the ownership is from property taxes being much less than monthly rent and that the mortgage ends

>> No.25453078

>>25453040
It's against the house, not the loan.

>> No.25453121

>>25452191
which option strategies would you consider smart?

>> No.25453137

>>25453078
Then it's a HELOC, so the collateral is against the equity and not the mortgage. This I understand because people were doing this like crazy in 2006 to be able to buy more homes, part of what helped ignite the fuse

>> No.25453139
File: 7 KB, 249x231, 1609538980810564864654168416241.jpg [View same] [iqdb] [saucenao] [google]
25453139

>>25452413
I fell for the learn to code meme and I hate everything about it. I rather get paid half and look at meme lines than program some shit for 8 hours.

>> No.25453157
File: 1.88 MB, 900x506, 1608245366198.webm [View same] [iqdb] [saucenao] [google]
25453157

>>25452124
Based, im starting my own business too, though it's still a pain in the ass and i only have 3k liquid to jump off with, biggest problem being permits.

>> No.25453174

>>25453040
>So a bank who I owe money to will let me borrow more money if I owe more money to them?
You default on the business loan, they seize the house even if you can make the payments on the house. Doing it internally reduces overhead fees for the bank. It's risky since incorporating a business can shield you from such debt risk but then it might be harder to get the loan you need.

>> No.25453209

>>25453076
Yeah, the only thing you need to calculate is if the difference between stock market returns and real estate appreciation is bigger or smaller than renting. And rent is suprisingly costly.

>> No.25453212

>>25453157
Fucking hell, that webm almost seems fake. The absolute humiliation.

>> No.25453250

>>25453040
In Hungary, you used to be able to get a "Personal loan" (for something like 10% interest) and use that as a downpayment for a home loan (with 3% interest), making the downpayment effectively 0%. Shit was cash, but it was banned about half a year ago.

>> No.25453297

I can't wait for the market to open, I'll show the cryptofags what 1000% profit looks like in my tax free savings account

>> No.25453302

>>25453139
You can learn a trade you actually like any time. You can also go to some huge multinational like GE or IBM and get money for showing up and not even actually programming. One of my friends at Ericsson didn't even show up for 2 months and they didn't notice.

>> No.25453309

>>25453121
In just pure options trading, and not using them as smart hedges against long/short stock positions (e.g. collars to help get out of a position without running down the price too much), I generally think anything taking advantage of time value erosion as exercise approaches is pretty smart. Selling covered calls / cash covered puts when it doesn't look like they're going to end up ITM is an easy way to make a little bit of money consistently, in my opinion. There are more complicated, and usually better paying, strategies too that aren't much riskier and in some cases are less risky (straddles, condor, etc).

>> No.25453340

>>25450500
what's wrong with his face? why is it so red?

>> No.25453399

https://uk.finance.yahoo.com/news/buy-bitcoin-bonds-tech-stocks-162944901.html

Are the UK and EU stock markets the only ones largely free of the impending rugpull? Should we be moving over to the FTSE 100 while we wait for line go down in the US?

>> No.25453418
File: 234 KB, 1790x1640, 1519466296323.jpg [View same] [iqdb] [saucenao] [google]
25453418

>>25453297
> tax free savings account
tell me more, anon.
the SEC will be along shortly.

>> No.25453489

>>25453399
>moving over to the FTSE 100
The EU is done for for the next few years. The US stock rugpull is 2-3 years away. And even if it wasn't and the US tumbled, the EU would tumble with it.

>> No.25453586

>>25453399
>Are the UK and EU stock markets the only ones largely free of the impending rugpull?
All markets are correlated to SPY. The meltup is, in part, from foreign investors chasing ROIs they can't get in their own markets.
You would want uncorrelated assets that seem comparatively unattractive right now: gold, vola option strategies on the indexes (not UVXY), even bonds

>> No.25453636

>>25453399
the UK economy is in a pretty terrible state + the FTSE 100 is more globally facing than most major markets. which means as the UK economy improves and the £ strengthens, the stronger £ will weigh down on the FTSE 100. it was only boosted in recent years pre-corona because of the weak £. majority of the FTSE 100 get most of their revenue in foreign currency but book profits in sterling. it might be wiser to invest in the FTSE 250 if you want to bet on domestic UK recovery

>>25453489
>The EU is done for for the next few years. The US stock rugpull is 2-3 years away. And even if it wasn't and the US tumbled, the EU would tumble with it.
the UK is not part of the EU so this doesn't make sense as a reply

>>25453586
>All markets are correlated to SPY.
wrong. compare UKX and SPX in 2020. completely different. UKX hasn't even hit pre-corona levels yet

>> No.25453711

>>25453636
UK might be an exception because of brexit uncertainty which I think still hasn't fully played out. I'd rather do YENUSD than GBPUSD

>> No.25453722

>>25453636
>the UK is not part of the EU so this doesn't make sense as a reply
The UK seceding is one of the reasons the SU will stagnate. The other is Germany getting overrun by boatniggers and stagnating, and the small countries like Hungary, Poland and Greece getting a shitton of money with nothing to show for it.

>> No.25453734

RYCEY SPYCEY

>> No.25453783
File: 42 KB, 500x392, 1609641709827.jpg [View same] [iqdb] [saucenao] [google]
25453783

It feels like it's been a fucking month since I've traded. This is the longest weekend of my life.

>> No.25453815

the only area where i'm more optimistic for the UK is the vaccination programme, especially compared to the EU, where they are taking a completely different and far slower approach

the UK should be the first western country getting "back to normal". although our economic recovery may take longer if we are fundamentally more damage. that's still unclear

>>25453711
>>25453711
>UK might be an exception because of brexit uncertainty which I think still hasn't fully played out
only true for financial and some other services. most other issues have been sorted. you won't see this reflected in the UKX though because of how sensitive it is to forex movements as i mentioned

the lack of financial certainty right now means there might be a trading opportunity wrt UK banks. maybe the less domsetic focused banks. i'm still not sure if it's a good idea but i kinda want to make an investment in this area

>> No.25453826

>>25453783
I feel you bro, it's the gambling withdrawal symptoms. You can ease that with the /biz/ equivalent of meth: daytrading crypto shit.

>> No.25453836

I WANT TO SEE SOME LINES GO UP
OPEN UP THE MARKET YA BASTIDS

>> No.25453878

There's no stop loss for crypto on RH..

>> No.25453892

>>25451338
Oh shit the dilution is finally over? Maybe now MARAs price will play catch up to the surging price of bitcorn. What do you think will happen this monday now that BTC is above 33k?

>> No.25453904

>>25450759
I just woke up and im huge gay so yea

>> No.25453946

>>25453137
Yes, it's an ABS.

>> No.25453952

>>25453418
Bong here, we have stocks and shares ISA which you can deposit 20k max into your account each tax year and you can cash out any amount made from gains. If I made 1 million I can cash out straight to my bank account and not pay a single pence to the taxman.

>> No.25453996

>>25453157
I'm doing a services/consultancy/tech business, so I don't want to have any costs except creation of the actual company in the registers. I'm going to use only open source software and probably recycle "old" machines by refurbishing them. I have a friend interested in these topics, so I will create the max jewery/frugal business aparatus possible.

>> No.25454037

>>25453302
The problem is if you're actually good at your job and everyone dependa on you to get shit done.
That's my situation at the moment, by the way; one of the reasons why I am quitting.

>> No.25454094

>>25453952
Sounds like bullshit.

>> No.25454137

>>25454037
That's such a classic trap tho. If it's a bigger company, noone will actually care if you stop doing other people's work. You should try this out before actually quitting. (Same thing as quitting really, but you get to make free money until they fire you, which they won't)

If it's a smaller company, you can just ask for a raise, or tell your superior that you are fed up with shit and want a lesser workload. Most of the time they will agree just so you don't quit.

Developers rarely realize how in-demand they are, and how powerful the "What are they gonna do, fire me? Pfft" mentality is. I have doubled my pay every 2 years in 6 years by basically saying "well guys, I know you know I'm indispensable, now pay up. Also, I want a comfier, managementier job too."

>> No.25454194

>>25454094
Nah it's not, no capital gains on anything made within the account, only catch is that you can only put in £20k every tax year.
I started one this year and wish someone told me about it 10 years ago.

>> No.25454195

Growing up I was brought up with the ethic "you want something you work for it" cause we never had much. We weren't poor but my parents had to work for everything we did have. I've kept to that saying as I went out and did my own thing. Also it feels good knowing you earned/got everything yourself without nobody else's help. Then see you don't feel like you owe anyone nothing in return.

>> No.25454232

>>25454037
You should get paid more/ask for a promotion. Or start looking at getting hired by a rival. For a lot of people its easier to get promoted by moving sideways.
One of my best friends from high school works as a software engineer in SF. He has not held a single position for longer than 18 months over the past 12 years.

>> No.25454249

>>25454137
I tried it and everyone started asking me if I was ok, if I needed rest, scheduling meetings to reorganize work. It's all fake sympathy, because they are fucked without me. I even asked to change projects and initially they said ok, in one month or so we take care of that, now they are saying 6 months because otherwise no one can move stuff forward, if I'm not around. I'm quitting in march, so they're fuckrd either way.

>> No.25454322

>>25454249
> I even asked to change projects and initially they said ok, in one month or so we take care of that
Yeah, big corporations always lie about this stuff. Then again, there are no sanctions if you just fuck around all day browsing /biz/ and shit either. Fake work for fake sympathy. Corporate is hell, but if you know the actual rules, it can be profitable and easy.

You can even start your side gig alongside the free corporate money too, no need to quit.

>> No.25454328
File: 55 KB, 1080x207, Screenshot_20210101_054705.jpg [View same] [iqdb] [saucenao] [google]
25454328

>>25452113
It was semi shilled at 0'50$. Just some guy writing BNGO without context at all. So bought 1200 shares, went down a bit and sold because I didn't even know what the fuck that company did.
>Only anon that managed to lose money on BNGO

>> No.25454341

>>25454094
it's not, ISAs are great

>> No.25454379

>>25454137
Also, I am not a developer, and I already played some.of those cards and they tried to give me some managerial tasks and double raises, but it's hell. Every promotion only makes you become more enslaved.

>> No.25454412

haven't touched stocks in 3 months, but looks like they've been crabbing. When's a good time to buy again?

>> No.25454418

>>25454232
I've done that approach, it's not a solution. I'm starting my own company in a few months, to see if the freedom helps.

>> No.25454435

>>25452008
Ok, I'm in about 15%. It's not bad. Quite insightful.

>> No.25454481

>>25454328
Ugh it was shilled on fb ads for a while by some guy who called the spy top in 01 etc etc

Had it on my watchlist for months....FUCK

>> No.25454483

>>25454412
>looks like they've been crabbing
>+17% on the nasdaq alone, not to mention all the memestocks
Wat.

>> No.25454589

>>25454483
you're right, it's just my stocks that's been crabbing

>> No.25454604

Feel like there's a lot of newfags in here very different to regular smg crowd

>> No.25454634

>>25450500

https://www.youtube.com/watch?v=PXB0FC8cS8w

>> No.25454639

>>25454604
At least we don't have the sub100 IQ dopaminomaniacs that buy weekly calls on penny stocks. To top if off, they have no idea what those companies operate on.

>> No.25454700

>>25454195
I grew up being taught the same mentality. I just wish I was taught about investing instead of saving. I was taught always have a huge savings and never worry about anything else.

>> No.25454734

>>25454412
Good luck timing the perfect entry point.

>> No.25454749

>>25454639
DESU shilling penny stock weekly calls and then selling covered calls to them sounds like a decent source of income.

>>25454700
I used to sit on 6 figures on government bonds and reit securities because my banker told me it's the best thing to do. Man, fuck him.

>> No.25454851
File: 52 KB, 903x960, 16e.jpg [View same] [iqdb] [saucenao] [google]
25454851

>>25454749
>retail bankers
A special breed on mentally handicapped.

>> No.25455030

>>25454604
It's 9am on a Sunday, most of the /smg/ regulars don't really need to be here until markets are open (or at least futures).

>> No.25455067

Been re-reading a few Kisaragi Gunma works. Fucking sucks nothing new from him for ages. Seems he's moved over into the more tame shit (non h). Fucking hell I guess it's a mid life crisis thing or something.

>> No.25455222
File: 1.27 MB, 1079x1229, 1609427573401.png [View same] [iqdb] [saucenao] [google]
25455222

>> No.25455460
File: 552 KB, 2872x1378, jewberg graph.png [View same] [iqdb] [saucenao] [google]
25455460

So is the market gonna dip when the Dems take georgia?

>> No.25455585
File: 22 KB, 400x400, KhZEiHOl_400x400.jpg [View same] [iqdb] [saucenao] [google]
25455585

Is somebody in TTCF? the revenue is looking good and it looks like a long term meme stock i mean just look at the logo

>> No.25455672
File: 137 KB, 1080x2280, Screenshot_20210103-151247.png [View same] [iqdb] [saucenao] [google]
25455672

Rate my portfolio

>> No.25455706
File: 69 KB, 1280x720, gape newel.jpg [View same] [iqdb] [saucenao] [google]
25455706

>>25455672
needs more ALPP

>> No.25455728

>>25455672
sell all airbnb if you are in a profit

>> No.25455755

>>25455672
I don't understand those weights.
Why not judt go equal weights?

>> No.25455797

>>25455672
Also
>ArcellorMitall

Interesting choice. I am looking to diversify, I'm going to research that one.

>> No.25455806

AMD sideways as fuck as usual
garbage investment

>> No.25455835

The markets can never be open on Sunday goy...er I mean guys, it's the sabbath.

>> No.25455840
File: 129 KB, 528x115, 435435345.png [View same] [iqdb] [saucenao] [google]
25455840

I know it's a far reach but is there any europoor here that started a business by using EU funds like the one below or with Horizon?
https://ec.europa.eu/research/participants/docs/h2020-funding-guide/cross-cutting-issues/sme_en.htm

>> No.25455868

>>25455835
fyi- sabbath is Saturday, not Sunday, goy.

>> No.25455887

>>25455806
Yeah, sell it. Sideways is def a bad sign.

>> No.25455917

>>25455835
>he fell for the Sunday-is-sabbath meme


Protip: antichrist can change time

>> No.25455918

>>25455806
My current AMD position is more than 50% up.

>> No.25455920

>>25455840
The company I work for was funded by the EU in something like 2015, if that counts.

>> No.25456001

>>25455887
retard
>>25455918
5.2% for me

>> No.25456006
File: 23 KB, 750x613, 1609253233388.jpg [View same] [iqdb] [saucenao] [google]
25456006

I shorted Bitcoin at 23000 with a Bitcoin ETC, I made the money back with shitcoins

>> No.25456050

>>25455920
Are there any cons to this method as opposed to just getting a bank loan or you don't know?

>> No.25456083

Thinking of buying SYD.

>> No.25456096

>>25455806
>>25455887
>>25455918
Been thinking about going into AMD to round out my tech stocks but I can't decide if I want to just purchase some outright or take my CLF gains and put it into it.

>> No.25456139
File: 476 KB, 995x1010, digital euro.png [View same] [iqdb] [saucenao] [google]
25456139

alright eurobros, how bad is this?

>> No.25456160

>>25456050
It's basically free money if you manage to get it. You have to do a shitton of documentation for the audits.

>> No.25456168

>>25455755
I invested less money initially in AMD and palantir but They mooned. Didn't rebalance.

>>25455706
Yeah I agree

>>25455728
I'm in profit, was thinking of holding like 6-12 months for the end of the lockdowns.

>> No.25456204
File: 55 KB, 640x640, sex toys.jpg [View same] [iqdb] [saucenao] [google]
25456204

>>25450697
imagine if in addition to an allowance you and your dad sit down and pick out a couple of stocks to invest in, not a substantial amount but just so the kid learns how to invest

>> No.25456227

>>25456139
why would this be bad?

>> No.25456235

>>25456139
They can target monetary policy better, and monitor all your bank accounts to wipe out money laundering in the euro. This would also render all commercial banks redundant.

>> No.25456238

>>25456139
Was this just uploaded?
Get gold. Retail crypto might get nuked with regulation in Europe.

>> No.25456332
File: 3.48 MB, 480x307, whatareyourtoysworthtome.gif [View same] [iqdb] [saucenao] [google]
25456332

>>25455918
Over a year ago I bought 50 shares of AMD the week after Linus dropped this video.

https://youtu.be/v7hofCnniJE

>> No.25456352

>>25456227
could be bad if you are holding a shitcoin which has a primary use as a payment token like XRP, XLM, NANO

>> No.25456389

>>25453892
minor pump. Hoping for a major dip so I can accumulate more

>> No.25456434

>>25456352
This is /smg/ bro, why would I hold any coins. Also, this looks absolutely orthogonal to cryptoshit.

>> No.25456435
File: 81 KB, 603x613, 1515446915506.jpg [View same] [iqdb] [saucenao] [google]
25456435

>>25456352
SHIIIIIIIIIIIIIII

>> No.25456442

>>25455797
It was shilled on wallstreetbets as part of a steel play until February/March.

Basically the reddit version of CLF

>> No.25456490

>>25456434
CB Digital currencies is how you implement negative interest rates. Its main competition is retail crypto.

>> No.25456515

>>25456139
Wouldn't this destroy the banking sector ?

>> No.25456525

why are markets closed on saturday/sunday. it's not like people physically work anymore in exchages.

>> No.25456561

>>25456515
It might hurt their equity valuations, but banks and their assets have been government owned since '09.

>> No.25456562

>>25450697
This is me and it stinks . You’re def the guy who posts about how boomers ruined his lif

>> No.25456565

>>25456204
This is my plan. I have a spare 1k that I’m going to open a custodial account with to get my 8 year old accustomed to investing. I’m going to get a few shares of a company he thinks his cool then throw the rest into an index fund. I wish someone got me started when I was a kid.

>> No.25456614

>>25456515
Yes, and that's why it's a good thing. Money making would be back in the hands of the central bank, not whenever the local banks decided to loan.

>> No.25456642

>>25455840
I've been researching stuff like this for myself, and what I have surmised is that you are a hostage to a random contract that was written at a time you had no idea of the feasibility of your project. You can actually be left in debt. It's money laundering.

>> No.25456676

>>25456139
And how would one access these digital euros?

How are banknotes available to all citizens if you have to go through banks anyway? What's the difference between banknotes and eletronic transfers to banks?

>> No.25456683

>>25456565
8 might be a bit too early imo. What about weekly instead of daily allowance so he can learn money management? Progressing to monthly when hes older so it mimics a paycheck.

>> No.25456700

>>25451906
>don’t care about wealth
>wants freedom
Good luck with that kekw

>> No.25456723

>>25456614
Based accelerationist.

>> No.25456733
File: 78 KB, 800x420, 065DDFFD-E99F-4F1B-9CAA-53E848AF0EB1.jpg [View same] [iqdb] [saucenao] [google]
25456733

>>25454195
>Then see you don't feel like you owe anyone nothing in return.
Debt serves a purpose. As long as your creditors don’t charge an unreasonable interest rate, and they’re lending you enough to get from zero to one and not zero to .001, and your society provides opportunities for advancement.

Hell, if the bank lends you enough money, and you put it into unprofitable business ventures like pubs in the UK, they may even let you lie on your earnings reports to keep you solvent.

I bet I could figure out roughly the sum I owe my parents plus inflation and reasonable interest. Paying it back would be an interesting thing to do. Would you want your child to do that?

>>25455585
Are they selling high quality things that you can’t get elsewhere? Or local/sustainable something? How is this not just a YouTube channel and a recipe pdf?

>> No.25456743

>>25456442
It looks like it dumoed feom 2018, even without covid. What happened?

>> No.25456744

I'd say its never to late to start investing if your still under 40. Once you hit 40, well it's either do it or forget about it. This assumes you stick to just a fund and let it roll till your 65. Past 40, time works against you unless your able to play catch up with a massive wad to kick start the process or some freak thing causes the market to massive shit (hey like COVID) to help make up the difference.

>> No.25456756

>>25456723
Half-way solutions don't work. Only by going all in can something change.

>> No.25456765

>>25451906
Goodluck anon I hope that your company does well

>> No.25456773

>>25456700
Superfluous wealth.
Obviously there's no freedom without property.

>> No.25456776
File: 131 KB, 360x450, 12987482524.png [View same] [iqdb] [saucenao] [google]
25456776

AHHHHHHHHHH OPEN UP THE MARKETS ALREADY

>> No.25456778

cant wait for the riot/mara pump

>> No.25456809

>>25456765
Thanks bro, I will do my best.

>> No.25456825

>>25456733
funny pic. did you get that from reddit? fucking faggot

>> No.25456838

What are the heaviest bags you're currently COMFORTABLE holding, and why?

>> No.25456855

tfw im in the army and my contract goes until 2028, means 8 more years of accumulating stocks until im free

>> No.25456872

>>25456743
Not him but that Mittal dude is a huuuge metal magnate. Bought a football team and an enormous communist era steel plant, and both went bankrupt i think. Might have been just the plant.

>> No.25456894

>>25456838
Biotech stocks, Moderna, Invitae, Sorrento Therapeutics
Biotechs will go big in the future

>> No.25456935

>>25451146
Somehow got in a decade or so ago

I left stocks alone fr a while abd have a beefy profilio

>> No.25456940

>>25456773
>he thinks owning property brings you freedom
The government will had you by the balls with such an illiquid holding and taxes. Good luck having a feeling of safety about leaving your investment while you go to other states/countries for a while. Your neighborhood will likely get culturally enriched as well.

>> No.25456944

>>25456683
I’m opening the account now just to get him going and to get that 1k working for him. With his allowance yes it’s already structured. He’s on a weekly schedule but I split it 3 ways. Spending money, short term savings, and long term savings. I’ll start putting his long term savings into the investment account.

>> No.25456954

What companies line will go up next week?

>> No.25456957

>>25456490
This is not a digital currency, it's just "Euro, but on a computer", so it's mainly a competition to retail banks.

Why do crypto fags think everything is a "coin"?

>>25456723
>>25456614
The ECB already has full control, so nothing will change.

>> No.25456966

>>25456743
No clue

The fundamental analysis was that steel demand was picking up and steel producers had to decrease operations during covid so it would take a while for them to recover to normal production levels. This caused steel prices to rocket and they would keep increasing until mid 2021 or something.
MT mines iron or something, which is used for making steel.

>> No.25456989

>>25456940
I did not mean housing.
Property as it something (anything) that belongs to you. You're too americanised.

>> No.25457010

>>25456838
BCRX. Actually pretty confident on the catalysts.

>> No.25457033

>>25456825
GIS probabLy
Google image search does get pics from Reddit and worse

>> No.25457035

>>25456957
Digital Euro is competition to retail banks, which are basically already owned by the central banks. The whole reason to go through all this effort is to deliver (and monitor) stimulus or loan payments. And thus be able to regulate it.

>> No.25457070

>>25456957
The ECB has full control, however it cannot directly influence the velocity of money and is beholden on retail banks to loan out excess reserves and on appropriate interest rates to make the consumers want to take them.

>> No.25457085

Love how crypto makes stock fags seethe

>> No.25457086

>>25457010
You got pajeet'd

>> No.25457101

>>25456966
I understand that thesis, but I see it has already bounced from the early 2020 dump, but my question is if it has legs to keep running until 2018 levels or if this is the new top.

>> No.25457116

>>25456838
ICLN

>> No.25457127

>>25457010
Shill me please

>> No.25457156

>>25456838
IVR, i like divies and reits are my cup of tea

>> No.25457157

>>25456944
Very nice. I wish my parents had done that with me.

>> No.25457203

>>25457070
>beholden on retail banks to loan out excess reserves
Which the retail banks will gladly and promptly do, otherwise they'd be leaving money on the table. So even though the control is indirect, it's almost as good as direct control.

>>25457116
You're gonna get burned when reality hits, and "the great green leap forward" shares the same fate as "the fucking wall": All talk, lackluster execution. People keep forgetting who really owns the senate and the house.

>> No.25457274

>>25457085
You do realize we probably made more money on the little crypto we trade compared to the rest of /biz/, right?

>> No.25457318
File: 127 KB, 334x346, 546546567.png [View same] [iqdb] [saucenao] [google]
25457318

>>25457085
My RIOT stock has been doing quite nicely.

>> No.25457319

>Against this background, it is important to stress that forms of money that consist in a claim on any private entity are not CBDCs, even if they are intended to be fully backed by reserves held with the Eurosystem, to the extent that the private entity would remain responsible for any users’ claim originating from a lack of synchronisation between the value held in reserve accounts and the value held by the users within the private system.
lmao, is this tether fud from the ECB?

>> No.25457338

>>25452369
I’m 23 with a house almost paid off, are you saying I fucked up somehow?

>> No.25457381

>>25456872
Googled around and it turns out that was Pramod Mittal, who is Lakshmi Mittal's brother.

>> No.25457382

>>25452101
commodities can be raw products, think mining firms (metals/materials), coal and gas/energy. Thank kinda thing.

>> No.25457398

>>25457338
Not him, but depends on rate and market. If your rate is super low, you're better off paying it off later and investing elsewhere.

>> No.25457415

>>25457338
How? That's awful young to have a house almost paid off?

>> No.25457433

>>25457319
>if the tether company/securities/coins you bought folds, you're on your own
It's not FUD if it's true.

>> No.25457442

>>25457101
If you were to believe the shills, this wouldn't be the top because steel prices are reaching/are going to reach 2008 levels, ie this stock would go much higher than $23 since it was at $200+ in 2008

I don't know though. I sold all my MT because it's a crabbing piece of shit.

>> No.25457444
File: 37 KB, 769x163, GMEShortsDie.png [View same] [iqdb] [saucenao] [google]
25457444

>>25450548
Fulfill the prophecy.

>> No.25457446

>>25457203
>when reality hits
lol what a retard
what's reality is my 35% gains
>dude it's gonna wall because... uhhh well it's just all talk bro the republicans love oil
a 5th grader could probably make a more coherent analysis of an etfs than you

>> No.25457451
File: 455 KB, 500x374, tenor3.gif [View same] [iqdb] [saucenao] [google]
25457451

I do hold MARA and BNGO, how could you tell?

>> No.25457467

>>25457433
>the private entity would remain responsible
That means the company would have to re-imburse all users for the difference.

>> No.25457483

>>25457338
When I compare the difference between the money i could have made buying a house in my home town ten years ago or putting money into some basic bitch index fund ten years ago the Stocks would have given me much more.
Buying a residence just isn't worth it.

>> No.25457517
File: 51 KB, 876x318, ato2020.png [View same] [iqdb] [saucenao] [google]
25457517

>>25456838
ATO, only bag I have. Regulated natural gas distributor with a clean balance sheet, consistent EPS and dividend growth.
Little of the underlying changed yet the price was hit. Sitting at a 94-5 average watching it crab for 6 months.

Outlook for long term natgas consumption hasn't changed (even under a Biden renewables push), no increase in debt burden and the maturities are far out, and it's not exposed to the commodity or production risk as much, so I'm sort of confused about the 15% discount last year. Assets and capex are normal.

I asked a guy who said he traded natgas for a living in the commodity general when that was a thing about natgas distributors and he said they took a hit because storage was full. This company only gets about a third of its revenues from pipelines and storage. And even this year, when storage was full upstream was fucked and nobody wanted to touch pipelines, it's still only flat YoY for the segment.

One day I'm going to be proven right or I'll find out what analysts were latching onto with this valuation and why I'm wrong but for now it's just the perpetual crab.

>> No.25457602

Hey GME I'm going to need you to crab until I can sell my old house and get liquidity into my brokerage accounts okay don't blast off without me.

>> No.25457607

Anyone interested in FUSE? No target announced for the SPAC but Blockfi is rumoured. In at 11.30 just to swing the hype.

>> No.25457624

>>25457442
Well, there's the narrative of incoming infrastructure spending all across the west, and it had merit.
I will study this further.

>> No.25457656

>>25457467
You don't have to reimburse anyone if you declare bankrupcy. Which is what actually held reserves should protect against, but it's on you to verify that they actually have the reserves.
The original quote is just the ECBs version of "The following comments are owned by whoever posted them. We are not responsible for them in any way."

>> No.25457667

>>25457127
One drug supposed to be approved in Japan in January (delayed from December) and in the EU in March. The Japan approval apparently comes with a $50 million deal or something

They also have another good drug, that's important for something and has showed great results in early trials

And they also developed a antiviral for free because they pajeeted the drug authorities in the US to pay for it by putting a "covid" label on it. The stock dipped when they announced it wasn't really that great for covid, which doesn't really matter.

It's a biomeme, tho, you never now with these stocks.

>> No.25457698
File: 647 KB, 250x313, Smirk.gif [View same] [iqdb] [saucenao] [google]
25457698

>>25457607
You had me at Blockfi. Shill me.

>> No.25457701

>>25457624
The US routinely screws up infrastructure bills. They are also brought up in the first 100 days of every president. Good for a swing but don't long US steel demand relative to other countries (especially China, they build first ask questions later about feasibility or need)

>> No.25457704

>>25457517
I'm long on WMB which has been crabbing for like 5 months now, but it still pays sweet dividends, so it's OK.

>> No.25457735

>>25457701
Good point, thanks.

>> No.25457736

>>25457656
If the company is regulated, and the currency is treated as an actual currency, then wouldn't EU financial protections apply?

>> No.25457774

>>25457736
Well if they are part of the large investement insurance groups, sure.
Then again, if it's regulated, how is it better than any other security.

>> No.25457828

>>25457774
The point is that this is a pseudo-tether denominated in euros. If it's treated as a currency and not as a security EU banking and financial protection provisions should apply for the company to even be able to operate, which would guarantee the users of this stable coin remuneration in case of bankruptcy.

>> No.25457849

>>25457698
Well they're rumoured to be targeting Blockfi although no official target has been announced. The fusion management is top notch and it has had the FOMO yet. Great entry under 12

>> No.25457873

>>25457849
Sorry *has not had the FOMO yet

>> No.25457886

>>25457828
>The point is that this is a pseudo-tether denominated in euros
I'd not consider them such. This "digital euro" is the same as your bank account balance: real euro, represented as an SQL record. Is this your brain on crypto? Even actual currency is a tether to itself?

>> No.25457916

Us infrastructure is a fucking failure and is about to be over 100 years old , see the holland tunnel railways

>> No.25457945

https://www.youtube.com/watch?v=XIISnIBvSrs

>> No.25457971

>>25456894
Based biotech bro, PACB is going to make me very rich in a couple of years.

>> No.25457997

>>25457971
I've seen that Cathy has a lot of these. What do this motherfuckers do that's so special?

>> No.25458000

>>25457945
BYND to the moon

>> No.25458001
File: 635 KB, 653x931, oldmancane.png [View same] [iqdb] [saucenao] [google]
25458001

Can you beat SPY returns? Oh you can huh? What's your secret?

>> No.25458048

>>25458001
QQQ

>> No.25458067

$sgbx fag here to commence daily gloat session. Warned you faggots when it was 3.88.

Hahahahahah hahahahahab hahahahahah hahahahahah hahahahaha hahah.

>> No.25458074

>>25457849
Thank you anon.

Use Blockfi and it's great, so if they truly merge with them, I got to put some money in FUSE.

>> No.25458081

>>25458000
"obvioulsy it doesnt taste like a steak,...but.. its really close!!!1!"


God vox is fucking dumb as dirt.

>> No.25458090

>>25458001
On what timeframe?

>> No.25458094

if interest rates are low, stocks are infinitely valuable

>> No.25458099
File: 62 KB, 244x216, 1596301186352.png [View same] [iqdb] [saucenao] [google]
25458099

>>25458001
beat SPY returns, what are you talking about geezer? i'm just throwing the little money i have into etfs, both large and mid cap. might go into small cap tomorrow. wish i knew more about stocks to join the discussions here, but they're fun to read anyway

>> No.25458107

>>25456525
It's nice to just relax for a few days and not have to worry about constantly checking the market.

>> No.25458121

$sgbx fag here to commence daily gloat session. Warned you faggots when it was 3.88.

Hahahahahah hahahahahab hahahahahah hahahahahah hahahahaha hahah.

None of u fags will ever make it because ur too stupid and u fall for memes.

>> No.25458132

>>25457945
>>25458000
>investing in onions
I wish this was not a lucrative business. A whole generation is doomed.

>> No.25458178

>>25458132
its plant based proteins. but yeah whatta fuck is this bullshit man. Ill just eat the fucking bugs.

>> No.25458214

>>25457945
God vegans are so fucking retarded.

>> No.25458240

>>25457886
>forms of money that consist in a claim on any private entity are not CBDCs, even if they are intended to be fully backed by reserves held with the Eurosystem
This is literally a EuroTether.

>> No.25458250

>>25457945
why would you need to 3d "print" a steak instead of just balling up the fucking onions patty into a ball

>> No.25458316

>>25458178
It's so shortsighted too. It's just vegan propaganda: creating nice healthy proteins the traditional way, slaughter, is actually incredibly efficient.
Take a look into "Feed conversion ratio". You can get 1 kg of chicken using only 1.6kg of feed. You can't beat that with bugs or even advanced bacterial biotech shit.

>>25458250
Because soi tastes like shit, and the texture is unbearable. If you want to eat beans, fine, but just make corn and bean stew or something. This need to create meat-like horribly unhealthy (look at sodium numbers on that thing) abominations is a disguisting PR move.

>> No.25458341

>>25457997
They can do long read DNA sequencing whereas their competitor ILMN can only do short reads, eventually long read technology will be cheaper then short read and PACB will overtake ILMN that is what Cathie is betting on.

>> No.25458358

>>25458316
you didnt understand my question

why cant you just form a patty of meat instead of dripping it through a 3d printer for 40 minutes

theres no texture gained in this process youre just dripping soi steak onto a plate dude lmao

>> No.25458374
File: 170 KB, 360x346, 28953789532.gif [View same] [iqdb] [saucenao] [google]
25458374

Look at the profit margin bros

>ASTRAZENECA: VACCINE PRICE FIXED AT $2.74 DOSE FOR GOVT OF INDIA; PRIVATE MARKET PRICE WILL BE $13.7/DOSE

>> No.25458381
File: 377 KB, 610x610, 1609554446467.jpg [View same] [iqdb] [saucenao] [google]
25458381

>>25458001
I beat the entirety of SPY since inception within two years without trading short dated options.

>> No.25458390

Discord IPO when?

>> No.25458398
File: 57 KB, 325x187, Double Bottom Torture Trendline.png [View same] [iqdb] [saucenao] [google]
25458398

>>25451018
This is inevitable. Before the pandemic, I spent some time in France and Italy, and this type of attitude is pervasive. Everyone wants more entitlements for less work, and people just see it as normal. Millenials and Gen Z have gone to college, received their useless degrees, can't get or hold high-paying jobs, and so resign themselves to mediocrity with the attitude: "society owes it to me! UBI!" Uber drivers in France would tell me: "Americans live to work, but we French work so that we can live!" In other words, do a half-assed job (when actually on the job) and take a quarter of the year off in paid vacation time. They may see us as "culturally" behind them because we value meritocracy (protestant work ethic bull shit), but we are now increasingly feeling the same way about China. The common thread here, and this has been said infinity times, is this is just the story arc of civilization development and decline. Eurofags are ahead of us on the curve and look at them now. A civilization in decline. We're looking at China like WTF, they're going to control the global economy by outworking everyone with their 996 schedule and whatever. But mark my words, this shit will eventually be their undoing too. We all know that China can't persist as this schizophrenic communist-capitalist centrally controlled economy. So which way do they break? Do they end up rolling into a more Western-style society or do they just collapse and reset? It doesn't really matter, because across the ocean Americans will be sipping onions while slipping into lazy Eurofag socialism.

>> No.25458409

>>25458358
>why cant you just form a patty of meat instead of dripping it through a 3d printer
I still think it's because of texture, to get that fibery feel of actual steak.

Or it's just classic hype-bait with 3d printing. Throw in blockchains somehow, or AI recently, and you get the unholy trinity of marketing faggotry.

>> No.25458425

>>25458250
>>25458316
vice is pure sneaky libertarian's hivemind mentality

>> No.25458453

>>25458390
It has a 41% chance of failing, pass.

>> No.25458472
File: 120 KB, 1242x1297, CC69EEBA-06C2-4F20-8F93-00419A23E18E.jpg [View same] [iqdb] [saucenao] [google]
25458472

Is there a Litecoin version of these meme miners?

>>25458398
Is this from a textbook?

>> No.25458485

>>25458409
how do you increase texture of something by putting the same material down on a plate

all it can do is shape it differently but ultimately theres nothing changing

>> No.25458533

>As an example, currently most cross-border payments are ultimately cleared in US dollars by US-based
>correspondent banks. A multilateral CBDC system, in which a CBDC is held only by residents of the
>respective currency area but is used for cross-border payments between participating central banks,
>could foster the international role of the euro.
So they also want to end the petrodollar? Pretty based.

>> No.25458543
File: 1.07 MB, 2390x4250, O8d7a5f.jpg [View same] [iqdb] [saucenao] [google]
25458543

On Fantasy Island there are no capital gains, no PDT rule, 24/7 markets, and the markets only close on the important holidays such as Christmas,4th of the july, Birth & Execution of Christ, and National Hotwings day.

Opening bell is dinged after the holidays by Mr Roarke himself.

>> No.25458565
File: 72 KB, 486x687, 1609603064638.jpg [View same] [iqdb] [saucenao] [google]
25458565

>>25450697

I began investing in late 2017, I'm in late 20s now. Had just 700 euros to my name back then. Been euro cost averaging ETFs and my local home Eastern Europe stocks since. I make like 1500$ a month on my job lmao but just reached 30k euros on my portfolio. Not much, but shit will compound fast once you start. Couldve started earlier ofcourse but most people begin in their late thirties.

>> No.25458593

are eth and bitcoin going to give me an oppertunity to buy in or what mother fucking poopy

>> No.25458599

>>25458485

There's a clear texture difference between a normal burger made with ground beef and meat from a kebab, despite them both coming from a cow.

>> No.25458605

>>25458398
>imagine a country where they think working 60 hours is normal
>imagine someone from this country encountering a german or french person who works 35 hours for the same or better lifestyle, and thinking it's cultural decay
Pro tip: the more you work the poorer you become, because the amount of goods you create don't scale linearly. Meanwhile people who work less are more efficient and better at it, and they get the juicier, comfier jobs of the world. Just look at productivity vs average weekday charts. You'll realize that you've been duped by the corporate overlords.

Oh, another example: remember when women got the right to work? The only thing happened is that wages got halved, and now women HAVE to work.

China got big on stealing IP. Once it can steal no more, it will stagnate (like Japan) or implode. Their culture of fraud and stealing is not conductive to actual innovation.

>> No.25458624
File: 310 KB, 652x650, 1606531174788.webm [View same] [iqdb] [saucenao] [google]
25458624

>>25458599
those are different cuts of meat

what youre saying is you can take ground meat and by placing it into 1000 different strings it will have more texture when really it already comes in strands at the store and ultimately still tastes like a burger no matter how you shape it

>> No.25458633

>>25458485
Yeah, that's why scrambled eggs and omelet is absolutely the same.

>> No.25458658

>>25451018
>Invest paycheck
>Sell covered calls
>Buy iPhone with premium
You can have both.

>> No.25458661

Baking

>> No.25458663

>>25458624
How can 1 person be so retarded?

>> No.25458675
File: 325 KB, 2000x1333, EN7lSpbUwAI3F5F.jpg [View same] [iqdb] [saucenao] [google]
25458675

>>25458633
scrambled vs omelet is purely about how long you heat it for and what temperature you heat it

given that the meat is cooked the same way both times they are exactly the same and they wasted 40 minutes to 3d print a steak to appear like theyre doing something than just buying a beyond burger

>> No.25458685

>>25457945
This looks like shit and probably tastes like it too. The future is lab grown meat, costs have come down enough to be commercially viable, the problem is that almost none of them are publicly traded so I'm going to miss out.

https://www.youtube.com/watch?v=p5jqa6bX5wE

>> No.25458706

Okay, good answers, now what lean hogs are you looking to pick up at the next dip, other than the obvious popular choices UUUU and CLF?

>> No.25458730

What happens when lean logs discover SoundCloud?

>> No.25458742

>>25458624
>>25458675
Try the following experiment: get ground meat, and knead it like bread: halve it and flatten it out like 10 times.
For another patty, grind the meat and just cut patties from it, cutting the strands into small bits.

After frying, these two will be super different: one's going to be chewy as shit and one will melt like butter. It's because of the fiber strands.

>> No.25458743

you can stop replying to lFckB5Wf now. we all know he's retarded

>> No.25458747

>>25458729
>>25458729
>>25458729

>> No.25458756

>>25458658
Also housing is a meme for the precariat. There's value in liquidity, being able to move in a pinch, and not worrying about your own maintenance and repairs. Evaluate each situation to see which makes sense for you.

>> No.25458758

>>25458074
I mean even at this price if they target another company its still a good entry. I reckon its worth a lot more if they do merge

>> No.25458767

NEW

>>25458729
>>25458729
>>25458729

>> No.25458859

>>25450697
It isn't too late. But don't waste another second