Sold 15k shares of AAPL and 1K shares of TSLA today
Found on Reddit:
View attachment 45228
One thing i find most interesting about this new style of investor, the thing Keeping the market going. They have absolutely no regard for what profits and loss a company takes, nore do they take i to account the state of the world wide economy.
a tech comoany reports losses but an increase in users and bang the stocks go up. But when your a business wnd you have more customers but making less money thats not a good healthy business, infact thats a terrible business. up untill a few years ago investors would have the same thinking. But now it doesnt matter.
oh look the economy is going to shit, doesnt matter now, keep investing lol
They treat the stock market like bitcoin or something
I find it interesting, it is some what keeping it together from crashing, any reasonable thinking says it cant possibly last like that, but who knows.
Seems like since platforms like robinhood and the likes came about its brought in a new type of stupid high risk taking investor.
In the end a company that isnt making profit, in order for people to make money from it you need allot more people to buy and to lose money, because the company isnt giving the returns and those loses are being funded by the investor, so you cant for ever feed the hungry cow that isnt producing any milk
One thing i find most interesting about this new style of investor, the thing Keeping the market going. They have absolutely no regard for what profits and loss a company takes, nore do they take into account the state of the world wide economy.
a tech comoany reports losses but an increase in user base and bang the stocks go up. But when your a business and you have more customers but making less money thats not a good healthy business, infact thats a terrible business. up untill a few years ago investors would have the same thinking. But now it doesnt matter.
oh look the economy is going to shit, doesnt matter now, keep investing lol
They treat the stock market like bitcoin or something
I find it interesting, it is some what keeping it together from crashing, any reasonable thinking says it cant possibly last like that, but who knows.
Seems like since platforms like robinhood and the likes came about its brought in a new type of stupid high risk taking investor.
In the end a company that isnt making profit, in order for people to make money from it you need allot more people to buy and to lose money, because the company isnt giving the returns and those loses are being funded by the investor, so you cant for ever feed the hungry cow that isnt producing any milk.
Another weird example is afterpay, people are feeding that mob buckets of cash. A company that hands out insane amounts of loans to people who are unemployed, underemployed and also loans to people in time their is record house hold debt and record unemployment.
No one questions the company as to how they will pay if huge numbers of their customers can no longer pay these loans. Nope they just hand out more millions of subprime loans to who ever asks.
To me a business model like that is not sound. But as long as some one is willing to buy those stocks they can keep the ship sailing upwards by the looks of it.
Its a ponzi scheme imo, and no one questions is it actually a smart business model to hand out unsecured subprime loans to millions of people.
It's easy. Just time your buying and selling so that you're the second last idiot. It's only the last idiot that carries the loss.
Took the words out of my mouth.Its nothing new, it has been true forever. Your comment They have absolutely no regard for what profits and loss a company takes, nore do they take i to account the state of the world wide economy could be said of gold and silver too.
Took the words out of my mouth.
This is no more speculation than PM's.
PM's make no profit, in order for people to make money from it you need allot more people to buy and to lose money, and (unless quoting the bourse price) metals can't be quantitatively valued, yet people throw bucket loads of cash at them.
Yeah, I sleep well with my gold stack - a lot purchased at $750/oz.I don’t know about you, but I’m sleeping very well with gold that I’ve bought incrementally since mid 2018.
I sleep very well with income producing assets.
I sleep very well with income producing assets. Unlike gold, I get a big check every month. I do own gold though.
If Trump wins, we'll all be ok. Status quo will continue. Tough as it maybe, it's still survivable. But if Harris-Biden wins, I expect hell to break loose on the geopolitical front.
This us election is a lose, lose imo,
If trump wins the city will burn from the left dummy spit.
If biden wins the us ends up with no police and the city will burn from the same lot taking advantage of lawlessnes.
The us system with how they work out candidates, sucks big time.