/biz/ - Business & Finance

I got fucked today, biz... and not in a good way...

First!

>>25170098
But the markets aren't even open... I'm starting to think you're not just getting fucked metaphorically.

GHIV will wake up soon

>ATTENTION
I saw a black man on CNBC today. Apparently they've been investing in the market. I even saw a black woman briefly in the background.
Guys, should I liquidate everything I own?
I'm pretty sure this is a sign of the top.

samu sungu stock

>>25170092
Blacks are disgusting edition.
https://www.minorityhealth.hhs.gov/omh/browse.aspx?lvl=4&lvlid=25

>>25170098
You've been going all out with the quack graphics

>>25170126
how can we profit from low information retail investors flooding the market?

Anybody ever bought any of Kevin O'Leary's O'Shares ETFs? (OUSA, OUSM, OGIG, OEUR) they seem pretty meme-y buy I feel like his company has some intelligent people managing the funds

Grinch dump this week

>>25170136

>>25170122
Could've been metaphorically fucked by something other than the market

drunk at my parents mountain mansion lads tfw you made it when you were born but want to make it on your owns anyway

>>25170160
psth?

>>25170147
Tell them to buy dumb shit like BOTY.
Blacks will really vibe with BOTY so we can dump our shares on them, then rebuy it after they panic sell, and make anime real.
>This is now a thread to hate on niggers.

>explosion goes off in some NSA vs glownigger war
>my first thought is "how will this effect my stonks"
All these years hating the jews just to become one.

UU-UU!

>>25170126
This black man has made me a lot of money desu.

>>25170205
I love what the USA stands for, but what the USA has become is just a globalist monster. Its nothing more than a Golem for Jews.
You really shouldn't give a damn about this country other than making money from it before it collapses.
Its kind of funny because Jews have no where else to go once that happens.

why is this thread so slow tonight

>>25170167
instead you should apply your resources to create something impactful for either yourself or the world

wealth for the sake of wealth is meaningless

>>25170223

>>25170167
How much money do you have anon?
You could start a kickstarter project or something. Bring some joy to people.

>>25170201
>>This is now a thread to hate on niggers.

>>25170232
Based AF

>>25170255
Fox business man

>>25170242
Market's closed. There's usually more activity on the weekends, but I guess a longer gap means people focusing on other stuff

>>25170242
It's Christmas and the market is closed for three days.

>>25170242
it's christmas and markets are closed. What would you expect?

come on guys don't discourage black people. maybe we can stop them from burning businesses if we get them to invest in companies.

>>25170163
wow you care about sat scores? you must get so much pussy

>>25170366
Why do liberals only think about others having sex?
Is it just a built in cuck fetish?

>>25170346
But them burning down small retail is great for my AMZN shares.

>>25170346
Most blacks(niggers) are non salvageable. 1% of them are actually productive and tolerable the others are savages. I have nothing against a black person as long as their not an asshole(very rare)

>>25170346
Have you seen the amount of dedication it takes to get them to not kill each other?
You think they'll be able to handle losing money when they inevitably fuck up?

have you guys ever even talked to a black person before?

>>25170472
I have, and I can't say that what the other anons are saying is wrong. Most of the boys care more about sex and basketball than they do about getting a job or doing well in school.

>>25170514
thats human nature fuck off

>>25170535
>>>/r/eddit

>>25170535
>human nature is right and good
anon...

>>25170472
Obviously.
I grew up a tolerant and loving person. I believed we were all equal. I used to stop and help people if I saw them on the side of the road.
They made me like this. The more time I spent with them the more jaded I became.
Now I just lift, invest, and make money. I genuinely hate most of society because most of society doesn't deserve to be anything less than hated.
Nobody here grew up with hate in their hearts.

I'm tired of not being able to walk down the street because of niggers. I'm tired of watching my childhood neighborhood get turned into a shithole because of low income housing...for niggers. My local park has been ruined. I see them throw trash in the fucken pond all the time. I had to move because of them ruining the area so much.
They are fucken bioweapons.

Black people are just as much victims of (((them))) as anyone else. Blacks would be fine if (((they))) stopped pushing drugs, culture and policies aimed at creating an ignorant slave caste. It’s happening to whites too (look at all the meth that came out of nowhere in the past decade)

>>25170552
ill never wage cage weed and freedom is better

you guys are the same as jews

>>25170535
If you went to a public high school you know most of them only care about sex and sportsball.

>>25170386

If a liberal "man": projections of their own feelings of inadequacy.

If liberal woman: standard insult for any man who makes them mad.

>>25170563
>>25170472
Oh and I wanted to add that about 4 of them killed my grandfather 2 years ago. He was a good man and I still miss him every day.
So if anyone has a reason to hate them, its me.

>>25170472
A black client of mine got me into investing so I can’t hate all of them

>>25170125
Are you the same guy from last week talking about the merger?

>>25170578
I did. And that doesn't make niggers any better, that just makes everyone else worse.

>>25170583
yeah i never got the murder thing i hear so many times of black people turning a simple robbery into a murder for no reason that shits fucked up

>>25170472
A Black person gave me my first stock tip, TSLA back in 2014.

>>25170366
Found the nigger.

>>25170472
I would try, but they talk so loud and don't let you have a turn to speak. They're too emotionally invested into everything they talk about. Any form of disrespect is regarded the same way as fucking their mom. Overreactive.

Be on your toes when around blax. Sucker punching is not uncommon.

Best advice: Treat blacks the same way as a women on their period or don't interact with them at all.

>Cleveland, Akron, Youngstown, Cincinnati, Detroit, Columbus, Indianapolis
>Job forced me to interact with blacks in these ghetto areas.

>>25170603
I try to pretend it never happened, but whenever I remember my mother sobbing her eyes out at his funeral it really fucken hurts.

>>25170629
Kek, most of them look exactly like that picture here in Florida.

>>25170222

>>25170602
Most likely you were around so many you turned into a nigger yourself. So none of their habits seem that destructive. Now we get into the whole wigger conversation.....

When the fug is the market gonna correct ~30% at least?

I wanna buy more stocks!

>>25170648
This is society.

>NEW YORK TIMES!!!
>YOUNG WOMEN DIES OF COVID, NO PRE-EXISTING CONDITIONS
>Reality
>OLD FAT ASS BLACK WOMAN WEARING A WHITE DARTH VADER MASK DIES OF HEART ATTACK

>Why yes, I do feel spaghetti to my Mark Chalmers daki, how did you know?

>>25170715
When is the next Federal Reserve Interest Rate Hike?

About that time.

>>25170715
Technically in a perfect world, yes.
But because of the fact that money can only go into the market to hold its value right now, nobody wants to pull out into cash.
Cash is losing value every day because of BRRRRRRRRRRRRRRRRRRRRRR

The only way the market will crash like that again is a coordinated pullout from Jews. If that happens though, it will be very VERY hard to start up the stock market machine again because that will be TWO massive crashes back to back.

I just can't see them letting it happen.
If the market crashes the US is finished.
So you'd go from investor to Raider overlord pretty quickly.

>>25170623
did you buy

>>25170773
Yeah I cashed out 80% of my shares in December after years of bagholding but I still have a lot of additional exposure through ETFs.

>>25170751
The way I understand current market conditions.

The War is:

Cash Vs Assets

When stocks crash (usually every other asset follows suit), money starts gaining power. People are going to hold onto money and all assets from Stocks, real estate to crypto will fall to the floor. Instantaneous deflation.

Oh and a fun fact. People are going on margin a lot more than in the past. Expect incoming crashes to be:

1) Fast
2) Hard
3) Deep

what do you guys think about aluminum stocks?
Also kaiji season 3 when?

>>25170748
The fed is an emperor with no clothes

In nov. 18 they raised rates by what .25 and repo spike to 10%

they have control of m2 but zero control over money velocity.

A $1 loan from the fed now produces about .90 of gdp in the USA

Markets are fucked but doesn’t mean the show doesn’t go on, but make no mistake, it will correct at some point and the dance has gone on since 08.

08 is when the Eurodollar was put on a ventilator.

>>25170751
Yeah, that's a really good point. Everyone knows things are 'overvalued' but cash money is losing value, and most people who hold stocks are not gonna put their money all into bitcoins. But on the other hand the protracted growth of stocks seems unsustainable...
Are we really in uncharted territory or are we just in another bubble. They say bubbles pop when euphoria is highest, but everyone's becoming increasingly self-aware imo.

>>25170629
ive never had a black person start a fight or anything with me we usually just chill and smoke. literally the only people ive had be ass holes to me before were incels that were nutjobs and gamers. you just sound like youd be afraid of everything everywhere you go except being in some rural ass shit

>>25170871
I mean, fuck it dude. Stock market would have to lose 70% of its total value for me to go below the money I had 3 months ago.
This is a peak fucken clown world.

>Can't live properly waging
>Can't live properly serving your fellow man
>Can't save your money like a normal person without it becoming worthless

>Have to play a fucken mini-casino game in order to have any sort of wealth
>Wealth is going to people that don't do anything for the betterment of mankind or the economy
>The entire system is running on steam

Genuinely think total global economic collapse is coming.
Global Weimar Republic, except this time the parasites will have no where else to go.

This is uncharted territory, I don't think something like this has happened since the Fall of Rome.

>>25170945
I will drop you off on a sidewalk 5 min from my house and you will be dead before you make it back to me, kek.

>>25170945
please go walk through any black city for an hour or so

>>25170977
is america going to just become third world with slums all outside the cities and tent cities and cardboard box neighborhoods

>>25170987
i have

>>25170945
Meh it depends on the area largely. I have had problems with some Black people in my area such as my neighbor who is addicted to heroin and kept bumming rides off of me until I told him to stop buying heroin and leave me alone, or the guy who robbed me, or the homeless guy who got angry at me for not answering when he talked to me on the street even though I was wearing noise cancelling headphones.

I am not White but if I were I would be more scared of Black people. I even get racial harassment from some who pretend to speak Spanish to me even though they can barely speak one language. Then again some random Black person told me I was handsome so that felt good. And obviously the Black people at my job and my friend I play D&D and watch anime with are cool. I've come to the conclusion that I really just hate interacting with the poor and want to make as much cash as possible so I can live in a rich microstate.

>>25170977
honestly as long as you avoid shit that isn't even in a retirement index fund
you will be bailed out on a crash because your stocks crashing also means everyone's retirement fund is going to vanish

>>25170994
Yes it is, in many places (mostly occupied by niggers) it has already become like that

>>25170994
The US is already a 3rd world country disguised as a 1st world country. Most of the people in this country don't have a $1000 to their name.

>>25170977
I'm currently half in the stock market with ETFs and some higher-risk stocks. What do you think would be a good place to put the other half, just more stocks and ETFs? My cousin's husband, suggested just putting the rest in stock index funds and companies I like.

>>25170994
so then you noticed the metal bars on all the windows of houses and business? Lol I wonder why they would do that

>>25171057
why dont they just use money to stop making this place a shit hole instead of wars and police and the war on drugs

I actually lived in the ghetto in Oakland for 6 months, there was a gang war and everything, 8 people died within 2 blocks of me one weekend. One person had their head burned off by acid.

>>25170994
Its already starting with mostly minorities.
When the productive members of society start having to live like that it is game over.
White men are holding up America's economy right now. No other group has a positive contribution to the GDP (except Asian men and women, but they are too small of a percentage of America to help sadly).
This group is being blamed for all problems too, which will just accelerate the issue. What will happen when that group can't pay taxes anymore?
WHAT THE FUCK IS GOING TO HAPPEN ANON?
THE MONEY PRINTER WILL BRRRRR HARDER AND INFLATION WILL HAPPEN FASTER AND NOBODY WILL BE PAYING TAXES AND PEOPLE WILL HATE EACH OTHER AND VIOLENCE WILL BREAK OUT IN THE STREEEEEEETS
OH MY GOD WE'RE ALL GOING TO EXPERIENCE HELLLLLLLLL

Just be as ruthless as possible within reason and you should be fine. Live and let Live people are going to get fucked hard though. You also better have some of that big dick religious conviction or you're going to break under the misery.

>>25171078
Idk Kid, I have a pretty good time. America is big

>>25170977
Dubs of truth

The fact that you HAVE to have to your retirement come from the stock market just shows how fucked everything is

>>25171056
I'm not the right person to ask about safe investment strats.
I do think commodities are going to explode in price soon (they already are). So make of that what you will. By that I mean things like the Steel and Iron industry, things like that.

>>25171078
Normies will always bitch.

If you don't give poor people loans, oh no you are discriminating. If you do, you are a predatory lender.

if you keep the war on drugs, you are putting people in jail. If you say fuck it and legalize heroin and crack:
>'oh no how could you ignore the poor and vulnerable!"

Let's face it. A big part of poverty and crime is poor decision-making and time preference. You don't even need to bring in the racial angle. Let's just admit that, to some extent, we can never fix poverty and crime and should just profit from it instead of getting mad.

>>25170994
>going to become

It always was.

>>25171083
Ayyye bayarea nigga

>>25170163
Native Americans are idiots
They literally get shit tons of free money from the casinos yet live in trailer parks and spend all their money on alcohol.

>>25171083
Oakland is such a fucking shithole

I’ve traveled around the world to 5/7 continents and never felt as unsafe as I do in Oakland

>>25171157
They also cry discrimination even though they get any job they want and can go to any university as long as they can read and write at a highschool level.
Like, what we did to the natives is beyond fucked up. Europe belongs to Europeans, America technically belongs to them, but they have access to everything they could ever want right now and they manage to fuck it up daily.

>>25171150
I actually come from Canada I thought how bad could it be to stay there, and it was pretty crazy. I couldn't even buy gas for my car, I had to go to Berkeley for that. But it never got broken into at least. I saw 6 other cars around get trashed once though.

>>25170472
>have you guys ever even talked to a black person before?
>black person
>person
Anon, I...

>>25170472
A high class black executive at a gun show
He was professional as hell even during his off time
Wore a high end watch and a suit to a gun show.

>>25171174
I've never been to deep east Oakland (supposedly shittiest part) but I've defy found myself more scared in most Midwestern shit hole cities (Detroit/Chicago/Cleveland) than the generic run down industrial parts of Oakland

>>25171207
You know, for the 5% of black men that are good and decent people, it must really suck to be black.
Imagine people always thinking you are a diversity hire because niggers look like you.
That's nightmare fuel.

>>25171174
Somehow I didn't get on anyone's bad side and survived. It was definitely an experience, but the way businesses and such would just randomly get trashed was crazy.

It's funny how the same demographics that hire illegal migrants are calling for the elimination of minimum wage.

"It's just too difficult to find people who will work for minimum wage."

>>25171199
you probably should have googled thats its one of the most dangerous cities lmao

Miko :)

>>25171217
Detroit genuinely feels like a bombed city in syria in some areas. Especially around the eastern market. Pontiac is a fucking shithole too. They have random cameras set up everywhere because people drive to pontiac and literally just dump trash everywhere kek.

>>25170945
You simply don't understand.

Black people have always been:

1) Retarded
Example: They can never speak English properly.
>I is gonna go to the ST-OH

2) Obnoxious
Example: The movie theater stereotype. They can't ever shut their fucking mouth. They NEED to make comments during a movie.

3) Rude
Example: Dealing with blax with returns in retail in customer service, expect to be:
a) Cussed out
b) Threatened

4) Irresponsible
Example. Their work ethic is shit. They're constantly late, don't do a good job and use racism as a front for their deficiencies.

All you have to do to see all this is:

1) Work a job with co-workers
2) Go out in public shopping.

Blax are an annoyance. An intolerable useless shit stain of the human species that wants to treated with respect without contributing.

>>25171225
I am pretty sure that is the reason he wore a suit to the gun show
He must be sick of people thinking he is Tyrone armed robber looking for a blaster.

So how exactly did the OWS movement degenerate from a movement that called out corrupt bankers, to a movement to get corporations on board to indoctrinate parents into grooming their kids for homosexual men?

>>25171235
Yeah but the US is a first world country, I didn't think there would be places as bad as Liberia or some shit where people would just be dying all around me and businesses being burned down.

>>25170751
>The only way the market will crash like that again is a coordinated pullout from Jew
It doesn't have to be a "coordinated pullout by the jews", a lot of shit can simply cause mass panic. A country-wide lockdown being enforced and supported by the incoming president, feds hiking rates especially now with the market being this shaky, the amount of margin reaching record highs already which means what would be a ~10-20% correction could easily lead to a 40%+ correction. BUT then again, there's no reason the fed won't just step in next year aswell and stop the crash. We're literally stuck between two big walls, the first wall being fed pumping the asset bubble even further (which has to be done in order to stay bullish) and the second wall is the great depression 2.0.. personally I prefer to lean on the first wall for the next couple of years

>>25171248

>>25171245
>cameras up because people drive there to dump garbage

Fucking kek, niggers

>>25171277
>BLASTS JEWISH MUSIC AS LOUD AS POSSIBLE
https://www.youtube.com/watch?v=sVXnoanopzA

>>25171217
The Midwest has bad places too like Gary, Indiana

>>25171233
Yes, and it's funny how the same demographics that call for a national minimum wage quietly accept the fact that their takeout is affordable for them because the restaurant industry underpays their undocumented work staff.
Normies are hypocrites whether they are Red or Blue. I'd say I hate them but I wouldn't have made $200K on the stock market this year if normies weren't predictable and dim-witted.

Is /smg/ just /pol/ tards who got tired of being poor and pol getting shilled to hell?

You guys are talking about beta-ass racial paranoia shit so lemme ask a retarded question to take your mind off of it: could i spend a whole day just shorting a high volume stock over and over? Like watching it all day and selling at every peak i see and buying at all dips? Or is it a waste of time to do it that actively?

>>25171281
Thats why niggers and spics self segregate themselves into cities. Its not a problem for most people. Theres no reason you should be near those cities unless youre a gangbanger

>>25171313
Cincinatti, Ohio
Cleveland, Ohio
Detroit, Michigan
Chicago, Illinois
Indianapolis, Indiana
Pittsburgh, Pennsylvania

>>25171198
One of my Native American friends told me the reason most of them don’t go to college is that they get paid for being native Americans
He pretty much gets minimum wage for doing nothing and can work another job on top of that.

>>25171342
One of my friends works private security up in Detroit. Ex-military, gets paid an amazing wage to guard key locations because the police are too scared/incompetent/niggerized.
We live in a society

>>25171337
you could but it probably wouldn't make you money.
>>25171335
you don't have to be from pol to hate niggers

>>25171337
In theory but the problem is knowing whether you're at a peak or not. You can see peaks on the graph only in retrospect.

is OPTI just a pump and dump at earnings or what

you guys are literally only talking about the black people that suck. i live in a white trash hell hole and i can tell all the poor people here are fucking violent, thieves, scum, alcoholics, drug addicts

>he’s still buying stocks
Don’t you fucking get it retard, it’s time to SELL. Sell and take your profits home with you. Don’t get greedy. It’s going to be dark and painful next few months and I wouldn’t want to be anywhere near the market when it happens. Will happily sit on cash and buy back in after we crash.

>>25170125
when

>>25171397
If you're wrong though that cash will have way less value if you miss time in the market. It's entirely possible there's a year or more until the next big crash.

>>25171408
January when the merger happens

>>25171395
>the virgin white trash location
vs.
>the chad destroyed by blacks mega-city

>>25171397
that would work if i didnt literally just get into stocks. gonna buy vale leaps and hold my shit

most of my shit is pumps and dump anyways i want the gme short squeeze and see what clf does and then wait

if the market crashes ill buy a shit ton of tqqq after

>>25171395
The poor, can't live with 'em. Can't live without 'em.

My solution is to make them live underground, like the Morlocks in that Time Machine book.

>>25171397
>>25171412
You can't time when the market crash will be.
You ideally should have made enough by now that any market crash will still be ok to deal with.
Keep up with SMG and unironically check pol for crazy news and you should be ok. Pol saved my ass back in March.

>>25171438
thats basically what we do. white trailer trash is all kept in their containment zone in small towns and they give blacks a giant building away from the suburbs

>>25171382
theres probably lots of cheap real estate in detroit wealthy areas for the prestige (the blacks will eventually kill all of each other). Good investment Desu

stop talking about crashes every time i go green

>>25171469
You can buy entire an entire block in detroit for like 30k. Problem is you have to maintain them and pay property taxes on them while you hold.

Before I go to bed, I'd like to say:
>nobody can predict when the next crash will be. You shouldn't try to just sit out of the market until it happens because it could be a long, long time from now.

>Instead, you should have a plan of action to take if it occurs. Learn from what happened in March so that next time it crashes, you can make even more money.

>>25171539
you couldnt pay me to live in a "cheap" block in detroit

There's a huge influx of Christmas Noobs on reddit asking about GME. Probably a pop Monday into a steep decline.

>>25171551
Thanks for the advice. Good night and merry x-mas!

Anyone own ID? It’s dipped and I’m seeing widely mixed reviews and news online

>>25171562
Detroit is dead because the whole logistics game has changed. It doesn't make sense to ship cars thousands of miles by rail to reach ports when you can build a factory by one of the major ports.

>>25171551
yeah why cant you just set stop loss if you think a crash is coming? just put a 10% stop loss and youll probably go up at least 10% waiting

>>25171395
Trailer trash aren't my favorite and are annoying, but they're not in front of my face like blax are.

Constant BLM advertisement with black actors in nearly ad, affirmative action in every governmental position and the incessant political movement that whites are to blame for everything blax do wrong.

>>25171343
Been in all those locations.

Top 3 worst:

1) Chicago
2) Detroit
3) Youngstown

Close one is Philadelphia
Spent most time in Cleveland.

>>25171397
>>25171551
2 words: Gregory Mannarino

>>25171574
Never be afraid to play the open game.

>>25171397
selling is for fucking pussies. you hold on to your stock like a man.

>>25171551
march crash is literally the worst thing to study. Nothing like that will happen again for possibly decades. I mean really, 2 black swans in less than a month

>>25171626
>coronavirus
What's the second black Swan

>>25171397
>fed providing infinite liquidity
>time to sell

please rethink your position

>>25171650
the oil price war and negative contracts, that caused the other half of the crash

>>25171277

>>25171650
covid wasn't a black swan. you just had a retard faggot in charge of the government who refused to take it seriously

>>25171562
Oh you definitely don't live there. You just buy and hold the property.

>>25171667
I doubt that played a huge role.

More to do with everyone freaking out over a 5% death rate (early part of virus) and the implications of locking down the economy for possibly months.

>>25171701
As opposed to what?

>Takes virus seriously

>Same results

>>25171701
Everyone went from 'OK, looks like we're gonna have some temporary travel restrictions' to 'go home and await further instructions' within a week.

Also, nearly the entire world locked down, and the situation got bad in Europe first, so I really don't see how you can blame the crash on Trump. I don't think he's particularly bright, but I doubt Hillary would have someone prevented the lockdown when basically every European country locked down.

>>25171723
renting in detroit is not that simple. the tenants know you're hustling them and they will deliberately trash your property to make sure that you don't make money off of them

i know people who have lost fortunes renting out lower class housing in detroit because they naively thought if they just avoided blacks everything would be fine. fact of the matter is that all lower class folk are trash

>>25171701
Are you referring to the people in charge of Europe? because American index outperformed all other indices in the world
>>25171731
Yes that played a major role and was a massive deal.

>>25171669
for context this was printed and dropped from the towers of the investment banks to the OWS

>>25171731
you have to remember that was thew fastest bear market in history. It was the double black swan that did that

>>25171757
>US markets do well due to massive wealth transfer from majority of the population to a minority of corporate business owners
>not realizing that the implications of this have the potential to fuck up the entire economy, including your stock gains

>>25171669
>trickle down delusion
it wasn't right 50 years ago and it's not right now either. Rich don't share their gains with anyone, they just use their wealth to make more wealth (for themselves), ad nauseam.

>>25171803
Well, if you simply owned stocks you would have made that profit too wouldnt you? Survival of the fittest, no mercy for the weak and poor. No excuses wagecuck

>>25171731
>As opposed to what?
try to understand faggot: when it comes to a virus where the impacts are exponential, the impact of early prevention also has an exponential impact. the virus barely exists in east asia precisely because they went balls deep on prevention as soon as they found it

>>25171738
>within a week.
lies. there was a solid month of forewarning. the fire alarm should have been pulled the second people saw italy spiraling in january and nobody did shit. ironically even the /pol/tards were covering the shit back in november 2019 with a megathread before they realized it was going to negatively impact cheetoman and decided it was suddenly a nothingburger. that's how badly mismanaged this was: internet autists had a better grasp on the severity than elected officials.

keep in mind that trumps disastrous press conferences and unwillingness to tell his extremely gay supporters to take basic preventative measures like wearing a fucking simple face covering have only exacerbated the issue.

>>25171826
>>25171752
When are we gonna start putting the poor in cages and forcing them to live underground? I wanna live in an evil dystopia!!

>>25171804
solution?

>>25171804
Would you share your wealth with the people on reddit who're bragging their wives let them buy a gaming console?

It be one thing if it was a gun or a sports car.

>>25171837
>lies. there was a solid month of forewarning. the fire alarm should have been pulled the second people saw italy spiraling in january and nobody did shit. ironically even the /pol/tards were covering the shit back in november 2019 with a megathread before they realized it was going to negatively impact cheetoman and decided it was suddenly a nothingburger. that's how badly mismanaged this was: internet autists had a better grasp on the severity than elected officials.

I work in an RNA lab in one of the top 2 universities in the research triangle and my co-workers, who are supposedly the top minds in RNA biology, were acting like this could still be taken care of in a matter of months by contact tracing and quarantines. Even I whom am a germaphobe who was wearing masks for the flu before it was cool didn't think it would dominate the year. We overestimated its deadliness but underestimated how contagious it was. Keep in mind that at the time the crash happened we didn't even know it was airborne and were focusing on surfaces, so we didn't really have a chance.

>>25171846
its called prison. theres no justice in america they just try to stuff as many poor people in there as possible

>>25171826
Not saying the poors get to have excuses, only saying that this mentality of hating Concentrated wealth has long been popular with the democratic party, and now that they control 2/3rds of the gov, political action could actually happen as a result of "muh wealthy inequality" pandering that could affect your gains

>>25171857
it's really just wealth redistribution. you can't get away with having the extreme wealth inequality now because everyone is educated and has free access to information. you can't dupe them into accepting the status quo for centuries like people did back in the age of kings and queens

what happened this summer with every major city getting torched or looted was only a small taste of what's to come in the next few years unless something revolutionary happens

>>25171846
the day draws near

>>25171872
we need communism. like extreme communism. i think people who earn money should be able to use it but we have so many people in america with just unlimited numbers in their bank account for no reason.

the bezos family is going to be the new rockerfellers. eventually its just going to be 25 families with all the money and no one has fucking anything and the middle class slowly gets poorer

>>25171752
Agreed.

Remember a story of this tenant putting cement mix down the toliet. Needless to say...EXTREMELY EXPENSIVE to repair.

Apparently pretty common...

>>25171757
The oil crash happened in May. Played a very little role judging by the charts.

>>25171837
Germans have done the same thing to no avail.

These East Asians will be getting this meme virus. It's inevitable.

The one trait this virus has that makes it remotely scary is it's infectious traits.

It'll likely infect everyone at one point and no one should care about it until it starts actually killing people.

>>25171901
you underestimate the power of this endless bullrun. And secondly, the dems and their supporters cant do shit

>>25171892
if there was one thing people were certain of early on it was how infectious the disease was and this was emphasized by ID experts to trump. he ignored it because it was an election year

>>25171922
Bezos's net worth is that large because he's delivered hundreds of dollars of value to about a billion people.

Or would you rather have done all that Amazon shopping irl, wandering from store to store dozens and dozens of times?

>>25171592
What happened to youngstown is it the detroit of ohio?

It also feels so weird to think how people live in those cities since so much of the industry that used to keep them going (steel) is effectively gone.

>>25170730
I have noticed media is extremely fond of making a headline about young-ish person dying of covid. Like they are happy about it. Excited. This whole thing is so evil.

>>25171969
https://www.youtube.com/watch?v=qSOVBiEotaw&t=42s

>>25171901
It's not likely the democrats will hold the house in 2 years, they lost a lot of seats this election when they were supposed to gain. I have to imagine it's because of their far left slant lately. Also, the first round of wealth taxes and such probably won't affect most here but once they start building on that the taxes will get worse for regular investors too.

>>25171949
I was actually there NOOB. as I was since ever correction in the past 5 years. It happened in march and caused the remainder of the crash

>>25171900
>>25171451


I appreciate how aware you are of how bad society is, but you're missing the key part of my fantasy: the underground aspect. Though to be fair I did see this documentary about how gambling and drug addicts live in the sewers of Vegas. But most of those people were born on the surface. I want giant arcologies where all the factories are underground and we interact through an elevator where the Morlocks export the commodities and we give them bugs or something to help them stay alive.

>>25171277
It truly all started with OWS didnt it? They destroyed it because it threathened them directly.

https://www.youtube.com/watch?v=SRGns6LaJgA
https://www.youtube.com/watch?v=W81A1kTXPa4

>>25171701
>covid wasn't a black swan. you just had a retard faggot in charge of the government who refused to take it seriously

>>25171975
Yes, that's how multiplication works.

Maybe you should deliver value at scale - it involves decades of autistic dedication, one-in-a-million levels of skill and intelligence, then slogging through everything from bullshit congressional hearings to bullshit divorces.

Oh, you aren't that useful and capable? Huh.

>>25171971
>how people live in those cities
they scam the system for disability and other forms of welfare. luckily these areas tend to be insanely low cost of living as well so they don't actually have to earn that much

>>25172023
i would murder both of you and jeff bezos for your money

also youre an incel you are worthless in the most imporant way

>>25171971
Entire town was a steel economy and then the factories closed in the 70s all the white people because poor and the blacks who moved in during new housing discrimination protections couldn't get the steel jobs they originally move for. Essentially is Ohio's Detroit given that Detroit only really had one industry

>>25171701

>>25171977
Exactly my point

>>25172020
>>25172041
neck yourselves magatrannies

>>25172036
Then, like every other communist in history, would starve after you ran out of people to rob

>>25172055

>>25172036
Poor widdle red, did I hurt your feelings? Here, how about this - try breaking into my house while my family's sleeping and I'll turn you into a good communist.

>>25172009
It sucks that the two-party system has been turned more and more into fights over wedge issues while the banks pay off both sides. At least we can make some money off Wall St. through stocks but even then they have a clear edge on us. I want to make enough to move somewhere else. At least we have an advantage over people who are nocoin and nostock....
I feel like no matter what you do the elites will make us fight each other and keep us working through progressive taxes while they pay no taxes due to offshore accounts.

Will opti go to 20 cents?

>>25172074
>>25172041
>>25172020
based and soijackpilled

>>25171388
>OPTI

I'm scared bru.

>>25172084
1 dollar EOY

>>25171977
i wouldn't bet on this because trump will be on the outside actively working to undermine the republican party and will likely cause a major split within it. already seeing it starting with the war he's waging on mitch mcconnell

>>25171900
I suppose the jurors randomly selected for every criminal trial are class traitors then for turning on their own socioeconomic class.

>>25172084
I heard it's going to 40 cents

>>25172103
are you going to hold after earnings?

>>25172038
Old steel mills were obsolete. They choose to build new ones where there weren't unions.

>>25172117
Selling half after 31st poomp holding other half through earnings

>>25171977
The house rep from the leaked conference call shortly after the election was right: she said she almost lost her seat, that she does not want to hear the words socialism and 'defund the police' ever again. I don't think she's the only democrat who feels that way. I don't think the DNC will get the message until they are forced to listen in some way. Their incestuous relationship with the media and big tech will blow up. One of those three is going to try to betray the other two at some point. I don't think the GOP is capable of breaking them apart from the outside.

>>25171971
See Pic

It's a shithole. Potholes, Niggers and tons of crime.

The tweet made me lol.
>>25171973
Media will do anything to make money.

>>25172084
Will Opti go up until earnings

Probably

Will it go to $0.20 cents? Maybe

Will it gain 1000%+ if this $2 Billion dollar deal is actually true and the money is in their account? Yes.

>>25172052
Yeah, and if you're against wealth tax people call you a billionaire apologist, but that's not true it's just a matter of time before they label you too 'wealthy'. Just like how they raise property taxes here to 'tax the rich' and suddenly the 90 year old that's lived in a house forever that's now worth 7 million dollars has to move.

What amount of money is the threshold to even consider trying to invest? I don't want to try and buy a chump change amount of stocks when I should be saving money instead.

>>25171900
>>25172109

They should unironically switch back to physical punishment. It's still a deterrent and it doesn't ruin your employability if implemented correctly. The switch to prisons in the US was actually spearheaded by the ultra-liberal Quakers, who thought it would be good for quiet contemplation. It's clearly failed in that regard, but it's too profitable and also there's the issue of separating dangerous people from society.
Which is why I propose a compromise: if you commit a crime, you get sent to live in an underground factory. People can reproduce and stuff but if you're caught escaping you just get tortured and sent back.

>>25170092
When will cover corp go public i want to buy in

>>25172179
Any amount of money is sufficient to start learning. Learn when you are poor so you have some experience if/when some day you are not.

>>25172179
I contribute first to my Roth IRA, then I keep about a thousand in the bank for emergencies, and the rest goes to my regular trading account.

>>25171971
https://www.youtube.com/watch?v=rf59JrRuKoY

Youngstown Niggers.

>YOU GUYS FEEEEELELLIEININGIGNG MEEEEE?

>MAAKING MONEY OFF DDIIIZZZ BIII!!!111tCHHHH

>>25171626
How do we study anon? Im noob and want to learn.

>>25172179
Everyone's portfolio has to start somewhere. If you're new to stocks it's good to learn strategies/what not to do when the only thing on the line is chump change

>>25172179
Well as much as possible ideally, but cash just sitting idle in a savings account is a depreciating asset, so you're losing money if you don't invest it in something. Of course investments can lose money too but as the saying goes time in the market is better than timing the market.

>>25172145
>>25172117
>holding after earnings

Why tho, OPTI's history indicates a fucking PND.

>>25172111
Date and time?

>>25172179
couple grand i'd think. buy options. the people who say you need a lot of money are usually pussies and cowards who are looking for a reason not to jump into the market, as it's a very humbling hobby

>>25172180
You could have multiple independent levels segregated entirely so if one sector of society is too problematic you could just incinerate the entire floor.

>>25172180
i dont think any non violent crime should send anyone even near a jail

>>25172255
Cus clown market anon, my judgments may change after the first poomp

>>25172208
>>25172038
>>25172032
So are there any places in the United States that are actually viable to live in with low crime and decent housing prices? Or has that been dead since the late 1970s? Are we finally becoming like Europe no industry except for some money laundering financial cities like NYC?

i have a crypto i think will get me to the six figure club will investing 4 figs in stocks do anything

>>25171826
The rich can invest their trust fund in blue chips and make millions off the divvies. Poorfags have to gamble with options or with luck make a million by the time we're 40. Starting capital makes all the difference.

>>25172106
>>25172146
It's going to be an interesting couple of years I guess.

>>25172267
That would be pretty metal but you'd have to clear out the children first, since in my vision people can still fuck underground.

>>25172279
What about perpetrating a Ponzi scheme that's so extensive that hundreds lose their life savings?

>>25172198
>>25172215
>>25172226
>>25172259
After rent, bills, and necessities I have about $1,000 I can do whatever with.
I have no savings and about $7,000 in checking. What is a reasonable amount to invest monthly? Like $500?

>>25172211
Fine, Ill give you the Stock blackpill. 99% of people successful in the market are Permabulls. Either hold SPY and/or dividend aristocrats and that is the only way to be successful in the stock market with consistency over the course of 10+ years

Any winning streak you have will end. Sorry not sorry! Thats the painful truth

>>25172291
>are there any places in the United States that are actually viable to live in with low crime and decent housing prices
yeah, they're called "suburbs"

>>25172294
Stocks behave like shitcoins now. So possibly.

>>25172291
Rural areas, but it's pretty evident that there's a growing hostile divide between urban & suburban populations and rural populations

>>25172319
i wanna get more into stocks because i dont care about crypto i just found one i think i might be good and im gambling on it

if i get 100k i wanna either boomerfund it or try some options with like 5%

>>25172317
please kill yourself

>>25171922
Shooting communists is self defense.

>>25172317
we simply cant wait until were 60

>>25172319
difference is that shitcoins actually go down. stocks will keep going up. eventually there will be a correction when the fed realizes the clown market will destroy us all but for now, just be happy that you get to participate in it. we probably won't see another one like this in our lifetimes

>>25172291
Niggers hate snow
Homeless hate snow
BLM hates now
LGBTQ parades hate it

Go where there is snow.
So white, so beautiful.

>>25172330
>the beartard cries out in agony. keep sending money this way

>>25172164
What you've got to do is to explain the PDT rule to the voters, then push to exempt 25k/50k of income/capital gains per year for the stock market.

25k - for singles & 50k for couples.

Then ask the liberals "Are those who make 25k of income in a year off the stock market the problem with society?"

Now you've shifted the focus of talks of taxation from billionaires to those who make 25k a year or less off the stock market.

We're talking about somebody who made 80k of gross income getting a 10k or what ever bonus from the stock market.

RH has really changed the game with the elimination of commissions, now you're able to break even when you sell your shares for what you've paid for them.

What I would be proposing is that if you made 8k off your stock market gains in one year, then you wouldn't see once cent taxed because it's less than 25k.

With my taxation scheme individuals could work their way up to having say 100k in their trading account, once they've reached say 100k they'll start to hit that 25k cap on a regular basis.

Then one day it wouldn't be 25k/50k but say 50k & 100k of untaxed income.

>>25172294
if you invested 4 figures into GME LEAPs six months ago you'd have six figures

>>25172291
Inarguably the USA has gotten better since the 1970s, it's just unlivable near the cities for red blooded pure muttistanis.

>>25172317
Thanks for the blackpill, though anything that simplifies my life is a whitepill IMO. If I want to move a large-ish quantity of money, like 10 or 20K, into SPY, would you do it now or wait? I'm trying to be more bullish because it seems every time I wait, something just keeps going up.
Obviously you can't see the future, but if you were in my shoes?

Buy BABA

>>25172367
i am expressing my revulsion at the smug, autistic way in which you so assuredly state utterly gay propositions on wealth building

>>25172393
>>25172317
AHHHHHHHHHHHHHHHHHHHH


CHHHHHHHHHHHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

TQQQ

>>25172313
At first invest as much as you can. As the returns begin to increase in comparison with the starting capital adding more money to the account won't be as important.

>>25172413
I went into SOXS with $200 because low volume and a cross of the 10 and 50 year moving averages.
I'm new to trading, though. Should I try to put most of my money in the TQQQ and the SPY instead and just leave the SOXS investment as a hedge?

>>25172393
theres 1 -2 corrections in the market per year. I suppose you could wait to put money in until there is a 7 - 10% correction

>>25172404
If you want to build money you rent shit out. gambling on stocks wont make you rich, dont waste your time kid

>>25172467
are you like 12

>>25172472
Sorry I guess you cant afford to rent shit out... Maybe try Calls and penny stocks yeah

>>25172467
>If you want to build money you rent shit out

>>25172467
Thanks for the advice!

>>25172442
You hedge with gold or long vola
This market melt up has no brakes. The green line is going to built from the blood of the actual american economy

>>25172442
Up to you.

I like to be comfy. That's my style.

TQQQ
TQQQ/TMF

Day trading is not my thing, mainly because of my 3rd shift wagie job.

Leave it in TQQQ and be happy with life.

>>25172154
OPTI earnings when?
>Optican, fast, accurate diagnosis or your money back!

>>25172504
>>25172499

Sounds like decent advice. I mean, why overthink things during a Bull market. I can try trading more when the market isn't so ludicrously detached from the 'real' economy.

>>25172509
Early or mid jan

They're using holocaust language.

https://nypost.com/2020/12/24/christmas-under-lockdown-let-us-vow-never-again/

Christmas under lockdown: Let us vow, ‘never again’

https://www.nj.com/coronavirus/2020/04/stop-comparing-coronavirus-to-the-holocaust-survivors-say-but-there-are-lessons-that-tragedy-can-teach-us.html

https://www.verywellmind.com/how-to-talk-to-a-covid-denier-5089630

>>25172492
test if site is broken
Listen, Buy a boat, that the last thing Im going to say. Buy a boat

>>25172652
But aren't vehicles generally rapidly-depreciating assets?

>>25171174
I was doing a gig at Oakland one time. Even though I was in the safer part of town, my coworker warned me to be careful.

Someone made top shilling for base protocol and seems like they got my attention, price x4 just for a week!

Am I right for telling all of my friends/family that index funds are safe and foolproof?

>>25170472
Yes, I went to school with them, worked with them, and lived in a city with a sizeable population of them. I think their behavior at school is pretty much reflective of what they are when they become adults. Only a small number of black people at my high school graduated.

>>25172785
>Only a small number of black people at my high school graduated.

Has your school/city done anything to address this institutionalized racism?

one day closer to monday

wooo

>>25172467
what is this guy renting out that's making him so rich? his bussy?

>>25172776
There is no such thing as a perfectly safe investment, but most people can only conceptualize things as 'low'-risk, 'high'-risk, and 'no-risk', so if you're comfortable approximating then go ahead I guess.

Actually, could you recommend me some index funds if possible? My uncle was just talking about how he has a big portion of his money in Dow, Nasdaq, and S&P index funds.

>>25172808
>Has your school/city done anything to address this institutionalized racism?
>Institutionalized racism
>Institutionalized racism
>Institutionalized racism

>>25170472
I grew up in the literal ghetto. Like, my first mortgage was 400$ a month and that was considered making it ghetto. Whites were minorities.

Absolute fastest track to being a right wing extremist. The only people that I know love diversity and all of that BS are rich whites that never have experienced a drive by shooting or watched a white child get jumped by 12 people for a pair of shoes that his parents were stupid enough to buy him.

They have hardened my heart and made me this way.

>>25172837
Well, he mentioned buying boats, SPY, and "renting shit out", so I'm guessing he rents out boats and uses the profits to DCA into SPY.

>Half the thread is /pol/ schizos
>/smg/ - Stock Market General

JANNIE DO YOUR FUCKING JOB. I want to go back to poo stocks being shilled.

>>25172705
Yes, but sometimes I wish I had a nice big sailboat to go live on the high-seas for a while to escape everyone, can't wait for starlink.

>>25172881
Snitches get the rope

>>25170838
Tonegawa had a spin off that captivated office life pretty well.

>>25172881
No real news over Christmas on any of the stocks I'm following, not much to discuss.

How about we talk about KTOS?
>cybersecurity
>space comms
>combat drones (designed to be attritable, AKA lost in combat with China and cheaply replaced)
the ultimate 21st century lukewarm war stock?

>>25172928
I was looking at this in November and it already started to run

Also
https://www.cbc.ca/news/canada/hamilton/hamilton-fire-explosion-christmas-day-1.5855111
>MT Plant explosion
>VALE kills hue last week

Time and time again, it’s AMERICAN STEEL THAT WINS

>>25172776
They are 'safe' only if the following two conditions are met:
1. You must never panic sell a crash
2. You should cost average
Number 2 is not strictly required but it will allow you to pull well ahead of the market in time, and speed the rate your portfolio recovers relative to the index.

>>25172845
S&P - VOO or entire market VTI
NASDAQ - QQQ, if you want 3x leverage then TQQQ
DOW - DIA

>>25172881
The rat also works for the jannies...

>>25172863
i want to rent shit out of my bussy

So VOO is literally the same as SPY but a slightly smaller fee?

>>25172881
Deal with it. It's 4chan culture.

gnarly hangover

>>25172963
Aren't you better off selling when you think we're hitting bubble territory & waiting 2 years for the crash than bag hold for 20 or so years like the boomers did with the dot com?

>>25172983
Pretty much, but the difference is negligible except on longer time scales. People prefer SPY because of its high volume but if you trade it infrequently that doesn't matter as much.

>>25172996
Nobody knows because we don't know how big the next downswing might be, nor how long it would take. It's definitely something that gives me some anxiety. But I always remind myself that while I'm way more bullish than the average normie, the big traders and investors tend to be even more bullish and cocky. I really have no idea, though...

>>25173038
Isn't it funny how the young people didn't feel easy about NKLA and yet the boomers were cocky? What was GM even thinking?

>>25172957
>Still holding Crabland cliffs

>>25172996
No. Decide what kind of trading you want to be. If you want to long term invest, you hold and cost average and you do not larp as a swing trader when the feel strikes you just right. If you want to be a swing trader, put together a suitable strategy for that. In swing trading you have a set amount of loss you are willing to accept (your initial stop loss whether you set one or not), profit take level(s), and exit strategy for every trade decided BEFORE you enter the trade in the first place.

>BTC down 7%
>AMPL down 15%
>dude it's just correcting

JUST BASE IS ON TOP NOW HOW CAN’T YOU SEE IT???!

>>25172996
If SPY eats that much shit than stocks won't be touched for a generation. It is just difficult to see where ELSE the money could go.

>>25173078
more like COOMland Cliffs haha... ha... please just pump one more time this month so I can sell and never buy again, fuck

>>25173058
Yeah it's crazy to think that companies like Sears and GM were the Amazon and Teslas of last century. Shows that you really gotta adapt to survive. Thankfully most of us are at the very least a few steps ahead of the boomer normies, but that could be us someday. Someday people will look at 4chan the way we look at people talking about stocks on the telegraph back in the early 1900s

>stock market general
>weeabs all the way down
Yeah, nah

>>25172996
The common advice is to take profits. Only morons hold forever.

>>25173108
Nah, yeah?

>>25173095
There isn't anywhere for money to go right now, bonds aren't even being used as hedges as much anymore.

>>25172957
For all the newbloods.
>new president from a close election
>"We will start on the bipartisan infrastructure bill"
>boomers buy into american steel stocks
>some boomer congressman adds so much poison to it that it dies
>american steel and steel stocks eat shit
Happened with Bush. Then Obama, Then Trump. It will probably happen with Biden. Good swing for the first 100 days but once that boomer congressperson makes themselves known (its different every time) and starts griping about pork they want added get the FUCK out of american steel.

As the board passes through the tavern of stonks you notice a penny stock being mocked by other bar patrons. After you roll for perception you are succesfull and
>You see OPTI holding a 2B contract with a headshot of Dr. Oz signed by the man himself.
>You also notice OPTI potruding out of OPTI's lapel an investor signed for $5M shares for $0.70/share
The Bar patrons continue to drink and sing songs demeaning OPTI. What would you like to do?
>INVEST
>JOIN IN ON MERRYMENT AND MOCKERY

>>25173135
>Good swing for the first 100 days
So it'll eat shit around April/May?

>>25172291
>Europe
>no industry
What? Even Italy has a larger economy than Russia.

>>25173135
I just want my calls pumped by April :(

>>25173058
I bought the Nikola IPO and sold like a week or 2 later after it was done pumping.

I sold it because just like Tesla is a vaporware pump and dump.

>>25173108
You're trying to say that it's a good thing, right?

>>25173183
If TSLA is a PND then why the fuck do I pass a dealership and 30 of their cars on my way to work every day
Why am I always stuck behind some soccer mom in a Model 3
If this was true those wouldn't exist

>>25173095
There is no "money". You can't sell all the stocks at these prices. Banks multiply money at will with zero reserve banking, and if financial system collapses all these "money" just evaporate. All your numbers are belong to us.

>>25172996
i did that for most of 2019 and SPY almost caught up to my "gains" before March dip luckily validated my cash-only position

didn't buy back into market until May though. March/April were still uncertain even though people always wish they bought the March dip in hindsight

>>25173224
So what's left? Property and other real assets?

Cannabro here. Just wanted to say I had a merry Xmas and hope you guys did as well. I invested in OPTI at four cents. I also smoked down a whole bunch of cannabis to celebrate my success and future success. I think I am actually going to make it.
>Santa knows when you have been smoking
>Santa knows when you are baked
>Santa knows if you are high or lit
>And I got in one little fight and my mom got scared she said you are moving with your auntie and uncle in bel-air.

>>25173256
Business, commodities, property, at this point I think crypto is as good a gamble as any, and (some) stocks will eventually recover I guess?

>>25173281
>walk in the door
>get on the floor
>everybody do the dinosaur
https://youtu.be/wcM9KIPFieU

Baking

>>25173153
INVEST
>OPTIcan, healthcare on demand!

I said BUY BABA.

Fresh
>>25173395
>>25173395
>>25173395

>>25173373
没有

>>25171955
He shut down all flights to China and Fauci called him out on it... didn't help that Fauci and others kept saying it's xenophobic to close country to flights

If bitcoin breaks 25k, is it time to FOMO back into MARA? Or will the pre market adjust to its correct level so nothing happens at opening?