GME is not investment, itās pure gambling. As a disclosure, Iāve gambled with it from 40s to upper 300s, sold and was perfectly happy. At this point Iām just watching it to see how badly it will end. Maybe Iām not seeing something, but Chewy guy or not Chewy guy, that company doesnāt have anything to bring to the table.
Agree 100% - hence the casino reference. Iāve got only few thousand $$ in it. If it comes back to earth - oh well. If the mother of all squeezes does happen, itāll be a nice chunk of change. Gotta pay to play :).
AMC since $6 has been awesome, still havenāt sold the shares; save AMC save America; save the world!
Had a friend I know who bought 1 million AMC shares, pretty insane haha. That was pretty cool to see
Been riding GME since the $45-$50ās too, Iāll probably continue to hold both the āmemeā stocks as people call them.
If anyone enjoys crypto/blockchain based companies, check out $LYL looks like a great long term hold, Chinese based supply company that uses blockchain technologies.
I call bull shit on that. Theyāre not monitored and donāt have to disclose sales like publicly traded companies. This is just a pr piece to spread the doge coin name onto more main stream media platforms.
Regardless thanks mr markus. Your shitcoin made me and Uncle Sam enough for a 911 and 4 toilet seats.
I remember when Doge coin was like 0.0002. Sheesh, I think have like 10 hanging around in a wallet somewhere. They literally gave them away for free on like some site in 2018
Unless you drop dead at 60. I enjoy the ups and downs of the market. Itās fun when your plans come to fruition. I was a huge commodity bull during lockdown and those positions have doubled and tripled since. And they will continue to rise at a higher rate then inflation.
Absolutely, itās just like lease hackingā¦the thrill of the chase is well, thrillingš
The reality is, very few people over the long run are going to beat buy and hold approach. Even the Sage of Omaha agrees that this is what almost everyone should do for your āstableā assets.
Playing around with the fun money is another storyš¤Ŗ
The Oracle is out of touch. There was a time that his style of investing was textbook. And I was a firm believer in value. Thatās out the window lately and itās all a casino. P/e is insane
As much as you can invest pretax, as early as possible.
The best part of being self employed is that I can put away 3x those limits every year. When I ran our 401k (for basically me), the best I could do was just shy of double. I see a huge difference in growth with the bigger contribution years.
Meanwhile in investing, this is going right in the spank bank
Oil had a 50% chance of raising into the positive, and a 50% chance of the negative going negative, making it a positive. You canāt expect everyone to do the math