Talking stocks, trading, and investing in general

[Piobaire]

Has anyone checked in on the FIRE folks? Lower portfolio + inflation double whammy

Yield Shield and cash bucket.

Of course 95% of FIRE folks could not really afford to FIRE let alone had a couple year's worth of cash and/or a tranch of dividend products that could cover their nut.

 

[HRoi]

What about the Insta people who post pictures of their Rolexes and Lamborghinis, with sage advice about how consistency (momentum investing) and trusting the process (crypto) will reap its rewards?

 

[PhilKenSebben]

What about the Insta people who post pictures of their Rolexes and Lamborghinis, with sage advice about how consistency (momentum investing) and trusting the process (crypto) will reap its rewards?

I am sure they are all just fine. They appreciate your concern though.

 

[HRoi]

I am sure they are all just fine. They appreciate your concern though.

Can you check on them, though? Just to be sure

 

[PhilKenSebben]

Can you check on them, though? Just to be sure

Things seem fine

How a trash-talking crypto bro caused a $40 billion crash

Even as critics questioned Luna and TerraUSD’s technological underpinnings, Do Kwon dismissed the concerns with a taunt: “I don’t debate the poor.” But last week, both suffered a spectacular collapse

www.google.com

 

[HRoi]

“It’s the cult of personality — the bombastic, arrogant, Do Kwon attitude — that sucks people in,” said Brad Nickel, who hosts the cryptocurrency podcast “Mission: DeFi.”

i still really struggle to put myself in these people’s shoes when this attitude is exactly what makes me run away

 

[venividivicibj]

Yield Shield and cash bucket.

Of course 95% of FIRE folks could not really afford to FIRE let alone had a couple year's worth of cash and/or a tranch of dividend products that could cover their nut.

Somehow I don’t think the dudes using single squares of toilet paper to save money have a cash reserve

 

[brokencycle]

What about the Insta people who post pictures of their Rolexes and Lamborghinis, with sage advice about how consistency (momentum investing) and trusting the process (crypto) will reap its rewards?

They're having to fall back to Richmont and McLaren.

 

[PhilKenSebben]

Somehow I don’t think the dudes using single squares of toilet paper to save money have a cash reserve

The dudes using 0 shares of toilet paper have the big bucks.

Also, lol@selfwipers

 

[venividivicibj]

The dudes using 0 shares of toilet paper have the big bucks.

Also, lol@selfwipers

Idfnl?!

 

[gnatty8]

Those guys drive me up a wall. If something finally happens after you've spent ten years saying it's imminent, you don't get credit for being a prophet. Timing counts.

lol, to be fair, I did say within 12 months and we are 15 months out. A little different from your example

 

[jack webb]

lol, to be fair, I did say within 12 months and we are 15 months out. A little different from your example

Oh, that wasn't aimed at you, but at certain doomsayers - often goldbugs - who've been singing the same song for years and years.

Getting at 15 months what was forecasted to take 12 practically counts as a bullseye in the prediction department.

 

[Omega Male]

 

[PhilKenSebben]

View attachment 1794709

So......good news ahead?

 

[Piobaire]

IMO it's all going to depend on things that cannot really be predicted. How is the land war in Europe going to end? Will global supply chains straighten out or will COVID continue to **** them up? WTF is up with consumer sentiment and the job market? Will the Fed (take credit for) engineering a soft landing?

Pretty easy to paint a scenario where the market continues to drop and we also get stagflation, pretty easy to paint a scenario where the S&P is up 30% next year.