Author Topic: Investing?  (Read 14445 times)

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sketchyrider

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Re: Investing?
« Reply #300 on: December 08, 2021, 08:38:23 AM »

I think the energy debate is so vast because, again, since it sounds like you don't like BTC, so at what point would the energy be an acceptable amount if you don't see it as value?

this argument is a logical fallacy that sidesteps the totally valid criticism of bitcoin. its like addressing someone pointing out vast inequality and responding "at what level would inequality be acceptable". just because the answer is somewhat flexible and subjective, does not mean that it is good that bitcoin transactions use a shocking amount of energy.

bitcoin does not address our capitalist model of constant growth.

bitcoin is not decentralized, its mostly owned by "whales" and mostly mined by a small minority. it is only decentralized in theory, not in practice.

bitcoin has been around for a while and has not changed anything save getting a few people rich. it is currently being used adjacent the financial system you claim to criticize. it has not changed the economy of El Salvador, and i think its kind of insulting when people bring up third world countries in an attempt to justify their portfolio going up.

disappointing to see someone claim to be "left" but justify absurd energy use for a currency that does not improve anything for the common man and lines the pockets of the wealthy. i expect this sort of thing from reddit but not slap.

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Re: Investing?
« Reply #301 on: December 08, 2021, 09:04:34 AM »
Expand Quote

I think the energy debate is so vast because, again, since it sounds like you don't like BTC, so at what point would the energy be an acceptable amount if you don't see it as value?
[close]

this argument is a logical fallacy that sidesteps the totally valid criticism of bitcoin. its like addressing someone pointing out vast inequality and responding "at what level would inequality be acceptable". just because the answer is somewhat flexible and subjective, does not mean that it is good that bitcoin transactions use a shocking amount of energy.

bitcoin does not address our capitalist model of constant growth.

bitcoin is not decentralized, its mostly owned by "whales" and mostly mined by a small minority. it is only decentralized in theory, not in practice.

bitcoin has been around for a while and has not changed anything save getting a few people rich. it is currently being used adjacent the financial system you claim to criticize. it has not changed the economy of El Salvador, and i think its kind of insulting when people bring up third world countries in an attempt to justify their portfolio going up.

disappointing to see someone claim to be "left" but justify absurd energy use for a currency that does not improve anything for the common man and lines the pockets of the wealthy. i expect this sort of thing from reddit but not slap.

I never said Bitcoin doesn't use a lot of energy. It certainly does. What I said is what that energy is used for. Obviously you disagree and that's fine. You won't change your mind, but my point is, I still think people like you would say it's terrible for the planet if 95% of it was green mining. It won't change that.

And it's just incredibly naive and uninformed to say it has not changed anything but getting "a few people rich." I personally don't like how El Salvador implemented it, and didn't mention El Salvador in any of my points. But how does having millions of people in places like Nigeria using it as a way to bank themselves and have store of value to transact with that isn't debasing away not helping? And if you don't think people using it for remittances isn't helping people in huge ways, then again you're just uninformed.

And saying it does not improve anything for the common man is just idiotic. Anyone can opt into the network. Doesn't matter if you put 10 dollars or 10 million. 

I'm curious, do you think our country and world are just fine in terms of monetary policy? Obviously you're critical of Bitcoin, but what's your solution? Do you think there's an inflation problem that can somehow be controlled? What's your idea of how to shrink the wealth gap in society? Those are genuine questions.

And what a depressing statement to feel like someone who claims to be "left" but apparently isn't 100% all in on every one of your "left" ideals. That's why so many people hate liberals these days. What a terrible way to live to not adjust your stances after learning more on a subject.


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TheLurper

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Re: Investing?
« Reply #302 on: December 08, 2021, 10:46:59 AM »
@RBC We might have to agree to disagree. Although, I do appreciate your view on this.

I might not be a huge fan of BTC, but it is because of the issue that surround it. The dislike and skepticism comes from the problems associated with it, not from knee-jerk reaction. I think there are some good that be taken from this idea and re-used in other non-traditional banking formats.

My worries still stay within the fact that there are far more efficient ways to transfer money in terms of energy. Visa does an awesome job of this (as much as they suck for other reasons).

But, I agree with you and G raham that it is better than Western Union for international transfers. WU is horrible relic of the past and needs to be replaced with something better. If Kenyans can use non-traditional banking on their phones to transfer/save money, why can't there be an international version of this?

In terms of loans, so Defi is basically like peer-to-peer lending with traditional currency, but with BTC? Why bother with a new currency? Why not just do peer-to peer banking with USD?
And, 1% interest doesn't sound like much, but if BTC rises, the value of my labor falls. This makes the loan more expensive. A loan that should have taken 40 hours of labor to repay could take far far more if the currency continues to increase in value. The increase in value is added interest on the loan. What would my life look like if I took out a 5 BTC loan 5 years ago? I'd be screwed even if the interest rate was zero.

The benefit of inflation for workers, governments, etc. is if the dollar loses value (and our labor moves up with inflation... this is a big if) we actually pay back less in terms of hours of labor. Huge inflation jumps are terrible for everyone, but why should we be concerned about 2% inflation if wages rise as well?

Moreover, wealthy people have cash, assets, and everything. If I'm holding 10 bucks and it is worth 10.50 a month later awesome, but the guy holding 10,000,000 is going to be that much richer than me. It is the same as the stock market. If my stock goes up 2% in a cool, I have another 50 bucks, but if I had millions in stocks, cool, I have another 500K to buy and sell the little people.

Money supply: Doubling in the last x years. Can you explain to me why this is bad? I honestly don't see a problem if the economy goes from 10 trillion to 21 trillion, how does this work without more money? I'm going to see if David Harvey discusses this in any of his papers/lectures.

All govs corrupt - free market will work things out better: The libertarian belief in the market strikes me as setting up common people up for failure. Friedman, the Chicago School, Regan, Thatcher, and so on who all said government is the problem brought about 40 years of the wealthiest getting wealthier and the rug being pulled out from everyone else. Few things worry me more than the "free-market," especially as it seems to correlate with a rise in broken windows policing that just completely fuck the poor.

Whale Wallets: I never said you were giving me an opinion, I was asking if you could show me where you found this or could provide an easy chart for us to read. In my quick search, I don't see much to support this: https://time.com/6110392/bitcoin-ownership/



You bring up good points, but why not just take the peer-to-peer anti-traditional bank aspects that surround BTC in some cases (as it is very much a part of WallStreet as well) and use it with USD or some other currency?  I'm super far left in terms of fearing the right hand of the state (police, military, etc.) and but I enjoy the left hand of the state (welfare, regulation in favor of workers/consumers, healthcare, etc.). I don't think it always works out great, but I have much more faith in the technocratic government institutions more than I do in the private market institutions where the rich/powerful can prey on everyone else and claims "social Darwinism" has fated them to be our masters and us at the bottom.

Maybe, I'm propping up aspects of society that suck, but maybe as I've gotten older my anarchist views softened and I'm become the compromising socialist. Libertarianism and anarchism both have romantic ideas that sound great on paper, but both are disasters in practice.
« Last Edit: December 08, 2021, 11:06:54 AM by TheLurper »

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RCB3

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Re: Investing?
« Reply #303 on: December 08, 2021, 11:11:46 AM »
@RBC We might have to agree to disagree. Although, I do appreciate your view on this.

I might not be a huge fan of BTC, but it is because of the issue that surround it. The dislike and skepticism comes from the problems associated with it, not from knee-jerk reaction. I think there are some good that be taken from this idea and re-used in other non-traditional banking formats.

My worries still stay within the fact that there are far more efficient ways to transfer money in terms of energy. So, in terms of this role feature it is a bad currency.

In terms of loans, so Defi is basically like peer-to-peer lending with traditional currency, but with BTC? Why bother with a new currency? Why not just do peer-to peer banking with USD?
And, 1% interest doesn't sound like much, but if BTC rises, the value of my labor falls. This makes the loan more expensive. A loan that should have taken 40 hours of labor to repay could take far far more if the currency continues to increase in value. The increase in value is added interest on the loan.


This is the benefit of inflation for workers, governments, etc., if the dollar loses value (but our labor moves up with inflation... this is a big if) we actually pay back less in terms of hours of labor. Huge inflation jumps are terrible for everyone, but why should we be concerned about 2% inflation?

Moreover, wealthy people have cash, assets, and everything. If I'm holding 10 bucks and it is worth 10.50 a month later awesome, but the guy holding 10,000,000 is going to be that much richer than me. It is the same as the stock market. If my stock goes up 2% in a cool, I have another 50 bucks, but if I had millions in stocks, cool, I have another 500K to buy and sell the little people.

Money supply: Doubling in the last x years. Can you explain to me why this is bad? I honestly don't see a problem if the economy goes from 10 trillion to 21 trillion, how does this work without more money?

All govs corrupt - free market will work things out better: The libertarian belief in the market strikes me as setting up common people up for failure. Friedman, the Chicago School, Regan, Thatcher, and so on who all said government is the problem brought about 40 years of the wealthiest getting wealthier and the rug being pulled out from everyone else.

Whale Wallets: I never said you were giving me an opinion, I was asking if you could show me where you found this or could provide an easy chart for us to read. In my quick search, I don't see much to support this: https://time.com/6110392/bitcoin-ownership/



You bring up good points, but why not just take the peer-to-peer anti-traditional bank aspects that surround BTC in some cases (as it is very much a part of WallStreet as well) and use it with USD or some other currency?  I'm super far left in terms of fearing the right hand of the state (police, military, etc.) and but I enjoy the left hand of the state (welfare, regulation in favor of workers/consumers, healthcare, etc.). I don't think it always works out great, but I have in the technocratic government institutions more than in a private market where the rich/powerful can prey on everyone else.

Maybe, I'm propping up aspects of society that suck, but maybe as I'm getting older my anarchist views softened and I'm become the compromising socialist. Libertarianism and anarchism both have romantic ideas that sound great on paper, but both are disasters in practice.

I probably didn't explain this well. It's a decentralized lending platform, so if I wanted a loan for, say, a house I could get that loan with 1% interest. So I'm saying that's tons better than getting a traditional loan from a bank at 3.5% or whatever. That's more of a critique of central banks and opting outside of traditional finance.

And as far as inflation, I could agree 2% would be ok, but our CPI number that just came out was 6.2%. And the vast majority of economists believe it's actually closer to 10-15%, so hopefully you'd agree that number is bad. Even the Fed admitted it's bad. And I guess I'm confused why you'd not have an issue that our circulating supply of money just doubled. That just vastly decreases our purchasing power. And why it scares me is I think we're not going to be able to cut back inflation anytime soon. So if inflation continues at 10-15% year over year, think how much less value our dollar is. And wages obviously aren't catching up with that. So that again ties back to BTC having a hard capped fixed supply of 21 million.

And as I said before, I'm definitely not a libertarian or think anarchy works. I think people will always assemble and form leadership, but I just have grown more and more wary of politicians, even ones I think have good intentions, and how power corrupts.

I really do hate the notion that people have to identify being left or right. I love what Andrew Yang is doing in trying to disassemble the 2 party system, because I think it's fucking up a lot of things. And just a side note, Yang's part of the "left" but is a big proponent of BTC.

I can find the Glass Node charts showing the BTC whale wallets decreasing and individual wallets increasing and DM it to you if you want. Don't have time as the moment as I'm heading out for a work project.

I appreciate people bringing up points to challenge stuff and not throw out blanket statements without looking into stuff. I'd look into Lyn Alden's work about the economy for a bi-partisan take on why I think the economy is fucked. She's a brilliant mind with some really easy to digest data that just sticks to facts, so she's not approaching it from a political side. She's a proponent of BTC because of her research, but you can disagree with that but still see her work on debt cycles and where things are potentially headed.


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G raham

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Re: Investing?
« Reply #304 on: December 08, 2021, 03:52:21 PM »
Expand Quote

I think the energy debate is so vast because, again, since it sounds like you don't like BTC, so at what point would the energy be an acceptable amount if you don't see it as value?
[close]

this argument is a logical fallacy that sidesteps the totally valid criticism of bitcoin. its like addressing someone pointing out vast inequality and responding "at what level would inequality be acceptable". just because the answer is somewhat flexible and subjective, does not mean that it is good that bitcoin transactions use a shocking amount of energy.

bitcoin does not address our capitalist model of constant growth.

bitcoin is not decentralized, its mostly owned by "whales" and mostly mined by a small minority. it is only decentralized in theory, not in practice.

bitcoin has been around for a while and has not changed anything save getting a few people rich. it is currently being used adjacent the financial system you claim to criticize. it has not changed the economy of El Salvador, and i think its kind of insulting when people bring up third world countries in an attempt to justify their portfolio going up.

disappointing to see someone claim to be "left" but justify absurd energy use for a currency that does not improve anything for the common man and lines the pockets of the wealthy. i expect this sort of thing from reddit but not slap.

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Re: Investing?
« Reply #305 on: December 08, 2021, 09:00:34 PM »
The 'waste of energy' in regards to crypto will soon be solved (or at least gradually solved) as it shifts more towards proof of stake and away from the way more energy consuming proof of work model. Also, people love to tout electric cars as if its solving anything. where does the electricity come from that people are charging these cars with? Likely a polluting source at some level, not to mention the mining for the battery components. Crypto is not going anywhere, neither are NFTs and the metaverse. Adapt or be the boomer that never learned to use the internet/a computer.
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in love w/ fs shuvs

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Re: Investing?
« Reply #306 on: December 08, 2021, 09:35:59 PM »
The 'waste of energy' in regards to crypto will soon be solved (or at least gradually solved) as it shifts more towards proof of stake and away from the way more energy consuming proof of work model. Also, people love to tout electric cars as if its solving anything. where does the electricity come from that people are charging these cars with? Likely a polluting source at some level, not to mention the mining for the battery components. Crypto is not going anywhere, neither are NFTs and the metaverse. Adapt or be the boomer that never learned to use the internet/a computer.

EVs are way better than ICEVs. Still not better than public transport or cycling. Here's some quick back of the envelope calculations.
https://medium.com/@maximilian.zoller/ice-vehicles-vs-electric-vehicle-d16eb0d78487
Ofc that's not including the mining costs of metals.

I have some BTC but I'm probably gonna sell it and use a portion of those gains to buy ETH when they move to proof of stake. NGL i find the crypto/nfts/meta/meme stock speculation hella exhausting. I just dump savings in index funds. I'm in the process of reading books on value investing which is also pretty boring.
« Last Edit: December 09, 2021, 02:43:59 AM by in love w/ fs shuvs »

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Re: Investing?
« Reply #307 on: December 08, 2021, 10:53:05 PM »
How much money we talkin' here?.........

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Re: Investing?
« Reply #308 on: January 04, 2022, 11:58:30 AM »
Not a crypto guy, but regularly investing into ETFs...Think its the best way to invest while being risk averse...VOO, VGT, QQQ, VUG, SCHD are some of my personal favorites

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Re: Investing?
« Reply #309 on: January 04, 2022, 10:43:36 PM »
Crypto is not going anywhere, neither are NFTs and the metaverse. Adapt or be the boomer that never learned to use the internet/a computer.

This is exactly it.

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Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

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Re: Investing?
« Reply #311 on: January 07, 2022, 08:37:23 AM »
Are we all going to be bag holders?
https://www.bloomberg.com/news/articles/2021-12-14/musk-bezos-lead-the-charge-of-u-s-billionaires-selling-shares?srnd=premium

Usually these people know something before the public does. Kinda like when big positions were sold off right before the Covid crash in 2020. Could just be that these people just want to secure their bags while at ATHs?

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Re: Investing?
« Reply #312 on: January 14, 2022, 08:30:22 PM »
Are we all going to be bag holders?
https://www.bloomberg.com/news/articles/2021-12-14/musk-bezos-lead-the-charge-of-u-s-billionaires-selling-shares?srnd=premium

Anyone have any ideas on what to do in the market? Overall, I'm down from the end of last quarter and this week my investments are all over the place.


I feel this might be a good place to park some money for the moment.
https://www.bloomberg.com/news/articles/2022-01-14/demand-explodes-for-inflation-protected-savings-bonds-in-u-s?srnd=premium

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

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Re: Investing?
« Reply #313 on: January 14, 2022, 11:02:39 PM »
I mean….how much money are we talkin here………

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Re: Investing?
« Reply #314 on: January 20, 2022, 05:58:31 PM »
I mean….how much money are we talkin here………

Getting fucking hammered here. A year's worth of gains wiped out in 3 weeks.

I should have known as soon as the gov was going to stop pouring money into the market it'd drop. What are we supposed to do with our 401K money when the market goes down? Anyone moving shit around?



Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

ilovegay

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Re: Investing?
« Reply #315 on: January 20, 2022, 09:36:41 PM »
Expand Quote
I mean….how much money are we talkin here………
[close]

Getting fucking hammered here. A year's worth of gains wiped out in 3 weeks.

I should have known as soon as the gov was going to stop pouring money into the market it'd drop. What are we supposed to do with our 401K money when the market goes down? Anyone moving shit around?




I am definitely no expert, but I think you should not move much around. Play the long game. I am actually thinking about putting some bigger cash down now on stocks and crypto while it is low.

It could also possibly go much lower. Who knows. Good luck, and please don’t take my opinion as an expert advice.

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Re: Investing?
« Reply #316 on: January 21, 2022, 07:17:31 AM »
Expand Quote
I mean….how much money are we talkin here………
[close]

Getting fucking hammered here. A year's worth of gains wiped out in 3 weeks.

I should have known as soon as the gov was going to stop pouring money into the market it'd drop. What are we supposed to do with our 401K money when the market goes down? Anyone moving shit around?


If it's in a 401(k) and you're not retiring anytime soon then I'd leave it. The entire market is red so where would you plan on moving it? If you withdraw it then you'll get hit with tax penalties.

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Re: Investing?
« Reply #317 on: January 21, 2022, 08:45:53 AM »
Expand Quote
Expand Quote
I mean….how much money are we talkin here………
[close]

Getting fucking hammered here. A year's worth of gains wiped out in 3 weeks.

I should have known as soon as the gov was going to stop pouring money into the market it'd drop. What are we supposed to do with our 401K money when the market goes down? Anyone moving shit around?
[close]


If it's in a 401(k) and you're not retiring anytime soon then I'd leave it. The entire market is red so where would you plan on moving it? If you withdraw it then you'll get hit with tax penalties.

I should have switched a good portion of the 401K to a Stable Income Fund or into bonds. Stable Income Funds have the lowest returns in a good market but also don't really drop too much in a bad market. The money would stay in the 401K but be in a far less risky investment.

https://retirementplans.vanguard.com/pe/pdfs/F4249.pdf?cbdForce

Damn, I miss the days of pensions. I don't have the time or knowledge to really know what the hell I'm doing here.


Edit: I'm a fucking bag holder. 401Ks are bullshit. We hold on to our shit and buy no matter what with automatic payments and the traders bail and leave us holding the bag.
« Last Edit: January 21, 2022, 03:49:25 PM by TheLurper »

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

Underpressureflips

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Re: Investing?
« Reply #318 on: January 22, 2022, 09:21:01 AM »
Unless you are retiring in the next 5 years who gives a shit. I lost like 16k in a day. Who cares? I got like 30 years left before it matters. Red is good. Stocks are on sale. Buy buy buy.

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Re: Investing?
« Reply #319 on: January 28, 2022, 01:27:14 AM »
Hi everybody, I think everyone should make some savings for the future. And I want to invest some money in crypto. So I have a question about does crypto trade 24/7. And find out that I can even trade cryptocurrencies during my weekends. In fact, I can also use automated algorithmic and quantitative trading bots.

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Re: Investing?
« Reply #320 on: January 28, 2022, 02:35:09 AM »
Yes. You can trade crypto 24/7 and many exchanges enable the use of trading bots.
'No Mouth, you have a negative rep because you are a fan of growing your wealth off of the backs of low paid workers and brag about having bodyguards. You literally kook people for doing charity in South East Asia. Don't deny it.'

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Re: Investing?
« Reply #321 on: January 31, 2022, 11:40:55 PM »
Unless you are retiring in the next 5 years who gives a shit. I lost like 16k in a day. Who cares? I got like 30 years left before it matters. Red is good. Stocks are on sale. Buy buy buy.

I'm impressed with your fortitude. I think I would have had a heart attack.

I've lost about 4% of my 401K portfolio's value in the past 30 days. The value is still more than the investment, but I'm not cut out for this rollercoaster. We will see what the rest of the week brings.

As for non-401K stuff, my individual stocks are all over the place. My meme stocks and weed stocks are worthless (of course) but my regular traditional company bets are in decent shape. Thinking of just dumping the rest of the investment money I have sitting around into BTC (despite thinking its dumb and terrible for the world), being mellow and just buying SPY, or going a bit crazy putting it in QQQ. I'd buy Amazon after watching the PBS documentary on the company, but I can't afford a single share of that shit.

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

Paul_Glider Skateboards

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Re: Investing?
« Reply #322 on: January 31, 2022, 11:59:21 PM »
Expand Quote
Unless you are retiring in the next 5 years who gives a shit. I lost like 16k in a day. Who cares? I got like 30 years left before it matters. Red is good. Stocks are on sale. Buy buy buy.
[close]

I'm impressed with your fortitude. I think I would have had a heart attack.

I've lost about 4% of my 401K portfolio's value in the past 30 days. The value is still more than the investment, but I'm not cut out for this rollercoaster. We will see what the rest of the week brings.

As for non-401K stuff, my individual stocks are all over the place. My meme stocks and weed stocks are worthless (of course) but my regular traditional company bets are in decent shape. Thinking of just dumping the rest of the investment money I have sitting around into BTC (despite thinking its dumb and terrible for the world), being mellow and just buying SPY, or going a bit crazy putting it in QQQ. I'd buy Amazon after watching the PBS documentary on the company, but I can't afford a single share of that shit.

I love ETF Investing for the sole reason of individual stocks being so expensive, even if you can buy em at a fraction. Plus, its a bit more safe since you are buying a whole basket of stocks versus banking on handpicked companies.

Just comes down to risk and your toleration IMO.

For risk-averse people like myself, yeah I just heavy up on the S&P 500 like VOO or SPY like you mentioned. Warren Buffet approved :)

And i wouldnt sweat your 401k situation since I assume you aren't retiring soon. Matter of fact, its a win since everything is so cheap right now
« Last Edit: February 01, 2022, 12:56:47 PM by Paul_Glider Skateboards »

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sometimeperhaps

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Re: Investing?
« Reply #323 on: February 01, 2022, 06:26:12 AM »
I second ETFs. If anyone wants to start investing, finds it confusing (it is), overwhelming (it is), time consuming (it is), etc. ETFs are a great way to get started. Its a simple solution to a complicated endeavor. Plenty of options to choose from, with various forms of risk.

Hell I have a friend who’s a wealth advisor and all his personal stuff is in ETFs, and this is coming from a guy who’s job it is to watch the markets.

*this is not financial advice

TheLurper

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Re: Investing?
« Reply #324 on: April 21, 2022, 11:03:04 AM »
I recently invested in Series I bonds. They gain interest at the rate of inflation.

However, the money is tied up for a full year. If the money is taken out before 5 years, the investor loses the last 3 months of interest.

But for the moment I'm looking at an 8% return, which far better than the -6% my 401K has gotten this year or the .5% that my bank offers for savings.

https://www.bloomberg.com/news/articles/2022-04-14/how-to-buy-i-bonds-time-may-be-running-out-to-lock-in-high-inflation-yields

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I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

TheLurper

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Re: Investing?
« Reply #325 on: May 05, 2022, 12:23:41 PM »
Fuck this is going to hurt.

I'm bag holding pretty hard right now.



Edit: I've put in like 2,600 into my 401K since Jan 1 and my balance is 6K lower than it was on Jan 1. At least some Wall Street broker can buy some coke and hookers with that money.
« Last Edit: May 05, 2022, 03:40:19 PM by TheLurper »

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

Nosferatu

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Re: Investing?
« Reply #326 on: May 05, 2022, 01:44:24 PM »
The question is when to buy the dip
I thought it wasnt just him solo, shouldve stuck with my og thought.
R.I.P Rusty. One of us.

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Re: Investing?
« Reply #327 on: May 05, 2022, 01:51:56 PM »
I think we still have a way to go but DCA is probably the best bet as you won't know where the bottom is until it's gone.

TheLurper

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Re: Investing?
« Reply #328 on: September 22, 2022, 10:15:55 PM »
Anyone making any moves? Was today the worst of it?


It is interesting to look back at this thread. I should have trusted myself a bit more in Jan.

And, I thought I was getting hammered back then...

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?