A true US default is easily avoidable and would be like dropping a nuclear bomb on the economy.
Maybe that's the point. Crash the economy to fix "inflation"/WFH.
A true US default is easily avoidable and would be like dropping a nuclear bomb on the economy.
You really have something against those working from home.Maybe that's the point. Crash the economy to fix "inflation"/WFH.
You really have something against those working from home.
It doesn't matter what I think about WFH.
And it wouldn't be a true default. Just... long enough.
As I see it, yes.Market says 'Ask again later'.
Now it's up 93%I think he was also pushing DND Dendreon stock which went bankrupt a long time ago.
The S&P is up 300% since 2010 so you not only lost a good chunk of the initial investment, you missed out on superior returns. I have my own play money to make side gambles, but everytime I look at it, I still think indexing is the best investment.
Do you remember Virnet X? https://finance.yahoo.com/quote/VHC/
I remember that was a popular stock talked about here during their patent battle with Apple. After some pops here and there its at 0.41.
Now it's up 93%
For the most part, I agree, the indexes are the more sound investment. Honestly, the amount was very small, about 20 shares so it's still not that much.
I bought nvidia in Oct. 2008 and never sold it. For a long time it wasn't doing much at all. Today, that's a different story. Had I been more active, possibly I could have put the initial investment into another worthwhile investment. Nvida didn't start taking off until 2016 but I've never sold it. Since I bought nvidia the S&P is up 325% and my nvidia is up 12,809%. At one point in 11/2021, nvidia was up 14820%. High of 326, low of 121, currently at 282.
It's all in a retirement account. I may get rid of the rmbs soon because I don't really see that going anywhere. I would have loved to be able to time nvidia and tesla, but alas, I cannot. I did throw $1000 at Tsla after the big market drop due to covid. I figured that was the only time I could knowingly time the market!
For the most part, my play funds are put into more of the blue chip/s&p 500 companies with a dabble and a small gamble every now and then.
And you believe in Santa Clause, I assume.It can stay where it's at for 6 years. Then suddenly jump up 300% a few months before I retire.
I'll believe in anyone that can make that happen.And you believe in Santa Clause, I assume.
You forgot that the advisor would still be ahead despite your downturn!Besides, a good financial advisor can turn $60K into $30K.
Being that Santa Claus is based on St. Nicholas, everyone can believe in Santa Claus:And you believe in Santa Clause, I assume.
I ain't got the cajones. It's like the new Tesla stock. It runs on hype and that means fundamentals don't mean jack. If it's all based on sentiment, then any bets for or against it are simply coin flips/dice rolls. I might as well play roulette.Is anyone playing the NVIDIA ups and downs? It seems that typically I've seen it run up before earnings by quite a bit, then drop a decent amount after the earnings. I'd like to be able to use what I've been seeing with nvidia to make more educated guesses on when to get into it/sell some of it.
Yeah. My hope is it doesn't turn into Cisco circa 2000I ain't got the cajones. It's like the new Tesla stock. It runs on hype and that means fundamentals don't mean jack. If it's all based on sentiment, then any bets for or against it are simply coin flips/dice rolls. I might as well play roulette.
Only time will tell. Every big tech company wanting to make inroads into AI is going to develop their in-house chip. Meta/Facebook announced today that they have an in-house chip. Is it competitive with Nvidia's latest? Definitely not, but it's a start and you can best believe they have a roadmap to eventually wean themselves off Jensen Huang's teat. No major player in the AI market wants to be sucking on it for the long-haul.Yeah. My hope is it doesn't turn into Cisco circa 2000
wait.. AI runs off nvidia gpu's??Only time will tell. Every big tech company wanting to make inroads into AI is going to develop their in-house chip. Meta/Facebook announced today that they have an in-house chip. Is it competitive with Nvidia's latest? Definitely not, but it's a start and you can best believe they have a roadmap to eventually wean themselves off Jensen Huang's teat. No major player in the AI market wants to be sucking on it for the long-haul.
Not sure if that's sarcasm, but I was making the point that everyone runs Nvidia hardware today, which is what's propping up the stock price. Who knows if that will remain the case in 5 to 10 years when people start developing in-house accelerators. If so, then they reduce their reliance on Nvidia GPUs which means the 1 trillion dollar TAM Nvidia claim to be chasing isn't worth as much.wait.. AI runs off nvidia gpu's??
dont understand