Trump?
How about my auto and home loan?
Come on man!
?
Trump?
How about my auto and home loan?
Come on man!
?
Die by the sword:
Ghost of Igloi wrote:
Die by the sword:
https://www.morningstar.com/etfs/arcx/arkk/quote
TSLA 20% off its all time high now
Ghost of Igloi wrote:
I would tend to feel Bitcoin is the Pets.com of this era. Strange concept, where millions have invested, where they see value in nothing. Truly odd, even if you discount the wasted electricity. It is if somewhat created the biggest Ponzi ever, just to see how many fools there are.
Imagine, you could replace this with most assets.
The price of gold is not because of it's industrial uses. It's basically just a shiny rock.
Think of all the wasted electricity used to mine gold? It's just a shiny rock that has little value... why would someone pay $2k for an ounce of it?
Your thinking needs a paradigm shift. Get out of the box.
Read the bitcoin white paper by Satoshi from 2008. The value is in the algorithm. The way it works, it ensures that there is a finite number for the expanse of time.
Imagine there are 21 million golden tickets. There will only ever be 21 million and god made it verifiable. Would you want a ticket?
Got killed today.
Tesla, bitcoin, nio, weed.
Just killed
Swaglord_the_real_one_1_one_1 wrote:
Ghost of Igloi wrote:
I would tend to feel Bitcoin is the Pets.com of this era. Strange concept, where millions have invested, where they see value in nothing. Truly odd, even if you discount the wasted electricity. It is if somewhat created the biggest Ponzi ever, just to see how many fools there are.
Imagine, you could replace this with most assets.
The price of gold is not because of it's industrial uses. It's basically just a shiny rock.
Think of all the wasted electricity used to mine gold? It's just a shiny rock that has little value... why would someone pay $2k for an ounce of it?
Your thinking needs a paradigm shift. Get out of the box.
Read the bitcoin white paper by Satoshi from 2008. The value is in the algorithm. The way it works, it ensures that there is a finite number for the expanse of time.
Imagine there are 21 million golden tickets. There will only ever be 21 million and god made it verifiable. Would you want a ticket?
No, I do not want a ticket, but I hope you become fabulously wealthy “investing” in a truly odd concept.
Thought it would be interesting to see how sectors did after a rough reversal day.
1 month returns
BTC +60
Weed +23
Energy +14
Financials +8
REtail +6
REITs +5
Van Momo +4
Value +3
Small Caps +3
USA +2
Hussman +2
Non US devlpd +1
Emerg +1
China 0
60/40 0
Tech 0
TIPs -1
Inter Treas -1
Cons Disc -1
Gold -3
VXX -4
TSLA -16
GME -29
meme stocks had a big enough lead that they survived, except for GME and TSLA.
value did better than growth. Look at financials and energy
Tech still in the doghouse
Emerging got hammered today so it is now trailing.
Hussman matching the US
My oil stocks really hit the button today. And about time, too!
How about YTD?
Ghost of Igloi wrote:
How about YTD?
Selected Names:
GME +144
BTC +81
MJ +68
Van Momo +14
China +14
Emerging +9
Hussman +8
REITs +6
USA +5
Tech +3
60/40 +2
TSLA +1
note: I'm using ticker VTI for "USA" numbers.
Is tesla a dog? Will it be an 'eh, that stock is so 2020' name and just fade?
agip wrote:
Is tesla a dog? Will it be an 'eh, that stock is so 2020' name and just fade?
i'm thinking so. Sold a bunch today.
Thanks agip....
seattle prattle wrote:
agip wrote:
Is tesla a dog? Will it be an 'eh, that stock is so 2020' name and just fade?
i'm thinking so. Sold a bunch today.
I was never a Tesla bull, but the guys I follow wallstreetplayboys said it’d still double again. Fml I bought at 865.
Tbh I invested in Volkswagen and should’ve just stayed with that. I know their EVs are going to do great, you can see in Norway how stuff is already going. Tesla is just another car manufacturer.
bitcoin drop[s 10% in the course of a few hours and Coinbase, about the most established trading platform in the US, is down. ANd this is isn't the first time this has happened.
People ask why bitcoin is a joke. It's ongoing stuff like this....
"Investigating - Some users may experience degraded service resulting in longer loading times or limited access to the Coinbase Pro website and mobile app. Trading is still fully functional. We're investigating the issue and will post additional updates as soon as possible
Feb 22, 18:08 PST"
* "....golden tickets"
Ghost of Igloi wrote:
Clearly you are incorrect just using the the 1995-2009 period. Here is the intermediate period. Remember “in excess of Treasury Bills.”
https://www.hussmanfunds.com/wp-content/uploads/comment/mc190906m.png
His 3 month t- bill calculations are wrong. Anyone that has any background in FI can tell just by looking at his chart.
The Unkle wrote:
Got killed today.
Tesla, bitcoin, nio, weed.
Just killed
Today pre market number even worse.
Across the board for my 4 key investments
The Unkle wrote:Across the board for my 4 key investments
We all decide on investments that suit our personal beliefs, investment goals and risk tolerance. Investing in such a tight pool of very volatile, highly speculative equities suggests a very high risk tolerance, so I imagine you can handle it...?
It's not obvious to me what would lead you to pick that basket of equities. You are the one who started this thread warning of the impending market collapse, aren't you?
I'm not trying to be critical, I'm really trying to understand the logic.
Swaglord_the_real_one_1_one wrote:
seattle prattle wrote:
i'm thinking so. Sold a bunch today.
Tesla is just another car manufacturer.
I don't think that's fair - Musk has done remarkable things over and over again, and has created an astonishingly valuable brand, with a devoted fanbase. Betting alongside him has been a very very good move.
The value of the tesla brand alone is different.
Think about it - Americans will spend $60k for an electric car, sure, but only if it's a tesla. That's an amazing fact.
agip wrote:
Swaglord_the_real_one_1_one wrote:
Tesla is just another car manufacturer.
I don't think that's fair - Musk has done remarkable things over and over again, and has created an astonishingly valuable brand, with a devoted fanbase. Betting alongside him has been a very very good move.
The value of the tesla brand alone is different.
Think about it - Americans will spend $60k for an electric car, sure, but only if it's a tesla. That's an amazing fact.
As much as I hate Elon Musk I have to give it to him - Tesla and SapceX have pushed the boundaries. Yes, he's a carnival barker, but maybe we needed that to get off our asses.
Honestly I'm glad that it's two American companies leading the way in EVs and new launch vehicle technology.
