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bornontheblue

Stock Market

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4 minutes ago, SharkTanked said:

cat kitty GIF

That cat must have a great life !

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"We don't have evidence but, we have lot's of theories."

Americans Mayor

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8 minutes ago, bornontheblue said:

The only thing plummeting more than the stock market in recent weeks is Biden's popularity.

Tesla is at 868. There are probably a lot of  bargains out there right now 

 

The 2020 General Election proved that popularity, pep rallies, and truck/boat rallies don't win Elections.

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"We don't have evidence but, we have lot's of theories."

Americans Mayor

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7 minutes ago, bornontheblue said:

What does that have to do with the stock market sell off in the last few days????????

 

When will you plebes realize the stock market means almost nothing for you, personally?   Keep licking billionaire boots!

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4 minutes ago, bornontheblue said:

What does that have to do with the stock market sell off in the last few days????????

 

1. You were comoaring it to Bidens popularity ratings.

2. Market sell offs happen all the time. Dumb asses keep buying high when it's obvious the economy is shit. The Stock Market is nothing more than a casino where the house has all the advantages built in. I never have and never will play the market. It's a Fools Game.

3. I guessing you think the Market tanking is Bidumbs fault.

 

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"We don't have evidence but, we have lot's of theories."

Americans Mayor

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1 minute ago, SharkTanked said:

Bitcoin GIF by eToro

I wonder if bitcoin drops were predictive of the speculative effect we are seeing today.  We can assume the crypto market is much more spec volatile.  If we can determine a trend, that may be something to keep in the mind.  

 

But folks, if you are thinking this is bad, you are wrong.  It's only bad if you offload.  This is a better time than a week ago for folks to jump in.  

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5 minutes ago, Bob said:

I am not heavily invested in the stock market, so I don't get all wound up over it, but I had a epiphany a while ago. The stock market, on the broadest of levels, is likely the most secure investment out there because so many powerful, influential, important, well-connected, corrupt politicians and other people that generally control the planet are intimately tied to it it will never fail because they won't let it.  There is too much at stake for the world's ruling class for it ever to fail.

Holy +++++, I agree with Bob.  If only he realized trump was #1 among the corrupt ruling class…

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2 minutes ago, Orygun said:

When will you plebes realize the stock market means almost nothing for you, personally?   Keep licking billionaire boots!

Probably for most it does not. After my father passed in March, almost all of my inheritance is tied up in one stock so I am following it closely. But that is not a normal situation.

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1 minute ago, bsu_alum9 said:

Going down as well.

image.png.bd62df4adf70173be83354468f251139.png

Just read where OBJ's salary was essentially wiped out because he is paid in BTC.  Had a 750k salary, so his taxes are at that freight.  His share price was 64k.  So he is almost halved his net realization, and the state and fed tax will be around 50%.  

 

Absolutely ouch.

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