Nah, truth is the Gamestop fiasco wreaked of bullshit from the beginning. It may have started out as a short squeeze but now its evolved into the squeezers fucking each other over after Wall St. froze trading to let the Hedgers bail.
At this point the Hedge Funds are shorting the stock all the way back down in order to recoup their losses and when the dust has settled, they will be even richer.
I left two years ago because it became a cesspool of commies. Lurked on T_D without an account just to get news. There's nothing worthwhile on Reddit anymore now that we have .win
There's one good sub left, it's called shitpoliticssays. And they just make fun of the batshit crazy stuff leftists say on redacted. Somehow it hasn't been infiltrated yet, I guess the mods are pretty based.
Tbf I was on reddit back at the beginning of T_D, it's just not the same breed of people there anymore. Before T_D, politics would almost never come up, it's literally every post now.
Fair enough but understand that cash is not a safe asset. Yes your amount of dollars will stay the same but the dollar printing erodes your purchasing power. That's why most people are in the market in s&p etfs and mututal funds to protect from that. There are other ways to do it but sitting on cash long term is not winning
This is something I don't understand. How are stocks safer assets than cash? I know cash is weakened by inflation but stocks are so much more volatile and their value is ultimately defined by cash since that's what they'll become when you sell or get dividends. If you can afford it, wouldn't land/real estate be the best asset? I'll admit I don't really understand the stock market, it just seems like a fancier form of gambling to me and I'm put off by the risk.
This is not financial advice, but Land is good except for the taxes. It's good to be diversified in all types of assets. But it really depends on your timeframe. If you want to buy a house next year, maybe it's a bad idea to put all your money in the market because it can go down before you need your money. But if you want to retire, if a diveresified fund like VTSAX or SPY is lower in 30 years than it is now, you have bigger problems to worry about. Right now we may be in a circumstance where we may have bigger problems to worry about but beyond a certain amount of money to spend on prepping, there's not much you can do to protect your assets. If you put life savings into real estate and precious metals, you can still get robbed and sleepy joe can use eminent domain to put a windmill over your property. There is not such thing as zero risk
Yup, and judging by the GME share price, they are taking the profits. Maybe not going into silver, but selling nonetheless. Oh well, I hope they all made some money
No shit... a few days after Biden gets in, the whole leftist media apparatus...
"Hey guys! Invest in a stock that's been artificially inflated by 15,000%... you're not just totally throwing your money away... you're STICKING IT TO THE MAN!"
"Quick spend $300 a share on a stock that was $4 a few months ago! That'll show 'em!"
Silver and gold are good things to have, but from my understanding the point of having them is in the event some habbening causes a financial collapse you hold onto and sell them once it's over and the economy has stabilized to get a footing in the new or fixed system
Nah, truth is the Gamestop fiasco wreaked of bullshit from the beginning. It may have started out as a short squeeze but now its evolved into the squeezers fucking each other over after Wall St. froze trading to let the Hedgers bail.
Yup. Buy the rumor sell the news. Its like people forgot about the basics. Gamestonk.
It's probably worse than that.
At this point the Hedge Funds are shorting the stock all the way back down in order to recoup their losses and when the dust has settled, they will be even richer.
we were redditors not that long ago dude
I left two years ago because it became a cesspool of commies. Lurked on T_D without an account just to get news. There's nothing worthwhile on Reddit anymore now that we have .win
There's one good sub left, it's called shitpoliticssays. And they just make fun of the batshit crazy stuff leftists say on redacted. Somehow it hasn't been infiltrated yet, I guess the mods are pretty based.
there's other good ones but most of them are small https://www.reddit.com/r/coomersls is the best rn imo.
others of note are: antipornography, https://www.reddit.com/r/loicense/, https://www.reddit.com/r/LoveForLandlords/
I have never been a Chinese bot, shill, or commie
Tbf I was on reddit back at the beginning of T_D, it's just not the same breed of people there anymore. Before T_D, politics would almost never come up, it's literally every post now.
Trust nobody, including you too....
Your name was my first concert. 1986 Come Out and Play tour.
They made Pee Wee's Big Adventure... BIGGER!
Ha!
They pushed metals all weekend. They got the spot price on silver to hit a high on Sunday.... it's tumbling now.
Don't trust reddit... reddit is asshoe!
Id rather waste a few hundred on a meme than the RNC, but you make a fair point
I'd bet 80% of reddit accounts are CCP operatives
80% Try 90-95%
Fair enough but understand that cash is not a safe asset. Yes your amount of dollars will stay the same but the dollar printing erodes your purchasing power. That's why most people are in the market in s&p etfs and mututal funds to protect from that. There are other ways to do it but sitting on cash long term is not winning
This is something I don't understand. How are stocks safer assets than cash? I know cash is weakened by inflation but stocks are so much more volatile and their value is ultimately defined by cash since that's what they'll become when you sell or get dividends. If you can afford it, wouldn't land/real estate be the best asset? I'll admit I don't really understand the stock market, it just seems like a fancier form of gambling to me and I'm put off by the risk.
This is not financial advice, but Land is good except for the taxes. It's good to be diversified in all types of assets. But it really depends on your timeframe. If you want to buy a house next year, maybe it's a bad idea to put all your money in the market because it can go down before you need your money. But if you want to retire, if a diveresified fund like VTSAX or SPY is lower in 30 years than it is now, you have bigger problems to worry about. Right now we may be in a circumstance where we may have bigger problems to worry about but beyond a certain amount of money to spend on prepping, there's not much you can do to protect your assets. If you put life savings into real estate and precious metals, you can still get robbed and sleepy joe can use eminent domain to put a windmill over your property. There is not such thing as zero risk
See that's the thing, you wanted to be one of the people who got in early and used it, not the sheeple who bought it at like $300 or more.
Yup, and judging by the GME share price, they are taking the profits. Maybe not going into silver, but selling nonetheless. Oh well, I hope they all made some money
:)
spez changed his profile pic to diamond hands.....
No shit... a few days after Biden gets in, the whole leftist media apparatus...
"Hey guys! Invest in a stock that's been artificially inflated by 15,000%... you're not just totally throwing your money away... you're STICKING IT TO THE MAN!"
"Quick spend $300 a share on a stock that was $4 a few months ago! That'll show 'em!"
I’ve always heard about stocks “by the time you hear about it it’s too late”.
I was really worried about my index funds plummeting with Biden but they seem to be chugging along ok SO FAR.
My one share of AMC that I bought for fun fell $5 today 🥴. It’s all a gamble.
If they weren't here from around election day they are fucking suspicious.
They'll keep creating paper money creating hyperinflation.
Your money in it's safe account will be worthless.
These people aren't after BILLS.
THEY ARE AFTER HARD ASSETS.
YOU SHOULD BE TOO.
Lol hedgie thread
probably smart. i think WSB is one of the few reddits not completely overrun by lefties.
I got shit for pointing out not to trust the founder of Gab.
There are better services.
patriots.win/c/UnpopularOpinions
Infrastructure for integrity of government, elections, society: Wiki, Chat, and More.
Physical silver and gold. Not the paper bullshit.
Silver is down $2.67 so far today. They are manipulating absolutely everything. Gold -$27.00
I agree and I'm a physical silver guy, but they are manipulating it as well.
Silver and gold are good things to have, but from my understanding the point of having them is in the event some habbening causes a financial collapse you hold onto and sell them once it's over and the economy has stabilized to get a footing in the new or fixed system
... unironically a hedge fund, they'll literally rig the whole economy for you.