- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
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Getting sick of it honestly just once I want a W financially
And the wealthy manage to come out on top every single time.
When you’re the ones manufacturing the crisis, it’s easier to prepare and profit from it
When they should really come out 6 feet under.
Buy blue chip stocks during recessions and sell after recovery
Instructions unclear, invested life savings in a company that produces blue corn tortilla chips.
Well tostitos is owned by pepsico which is a matured company of 126 years so I would consider that a blue chip blue corn chip stock
I invested early but ate them after a month because I was afraid they’d get stale.
Brother I’m still recovering from the last time I took the internet’s advice on stocks.
Unrelated, but fuck Ryan Cohen.
I think this thread has been very clear about what stocks to buy and it’s your fault if you don’t get it (when you figure it out, let me know too)
Kinda hard to buy when you dont have any fuckin money
If you didn’t buy so many pumpkin spice lattes and avocado toasts you would have been rich by now
Got it. I’m gonna have a nice hot avocado late and some cinnamon sticks on pumpkin toast
I’m starting to notice a problem…
Wait are you serious?
I’ve never joked in my life
Instructions unclear, invested life savings in pumpkin spice latte and avocado toast stocks
You god dang gen z’s are going to get my CFA designation revoked
I’m actually an elder millennial, but I guess I can hold off on any further investment until you get your Classified Fowl Arbitration cert reinstated 🤷
I renounced my Chick-fil-A designation after I got disciplined for playing the south park episode
I see you’re also an expert in bird law
There’s only one thing to do. Kill John Lennon
What happened in 2002? Was that from the war on terror?
War of terror.
Didn’t that pay off so well. How many American soldiers were killed, injured, or traumatized? How many innocent Afghani and Iraqi civilians were murdered? And for what? ISIS and the Taliban now have complete control over that entire region.
And to the people saying how much better Bush was than Trump as well as the dumb as fuck democrats embracing that fucking war criminal Cheney, I say you all need to get your god damned head examined. Trump’s election denialism was born out of the Brooks Bros riot in Florida during the 2000 election and Trump is absolutely hoping for some terrorists to kill Americans so he can declare martial law and suspend elections in order to remain president indefinitely. Bush and Cheney lead to this. This was every republican’s goal.
Worth remembering that Trump didn’t recreate the Republican Party, he just embraced the manipulative aspects of republicans and made that his entire thing. Would I rather have Bush or Trump? It’s honestly a tough one. I could see Trump killing our democracy. Maybe that’s worse than the Iraq and Afghanistan war war.
End of the dot com bubble.
https://en.m.wikipedia.org/wiki/Stock_market_downturn_of_2002
But it happened mostly in 2000:
Was the 2002 a year of recession? Or is the stock market downturn considered a recession because rich people lost money?
Unlike wealth, losses usually trickle down. When companies go to bankrupt their employees loose their jobs. Millionaires actually love recessions, Jack Welch said:
Never miss out on an opportunity like a good recession.
The 2002 recession was not as global and universal as later ones. The dot com bubble mostly affected tech companies, and the internet was not as common as nowadays. I asked my parents once how they felt that recession, when I first read about it, I was in school in 2002. They said they didnt even know there was a recession that time, in eastern europe it wasnt noticably worse than the chaos of the 90s
There is a simpsons episode about the bubble, s13e18, aired in 2002:
9/11
That didn’t cause a significant economic downturn, though.
It absolutely did, at least for anything travel related.
See, I exchanged my 100% S&P500 401k to SPAXX in December, waiting for the crash. I’ve made 10%~ doing nothing! It took me a while to realize, but I’m finally going to buy the dip.
How can you make 10% in a few months when spaxx annual return is less than 5%?
You netted 10% vs broad market. You “made” 2%
The delta between the losses in the S&P 500 and gains in SPAXX.
What a visionary. This guy fucks, am I rite?
Don’t worry tho, because although everyone’s broke as shit, the houses you bought in the 90s when you were a young child are worth like 10 times as much now!
I bought houses as a child?
What, you didn’t use your 1994 influencer money to buy houses?
Pffft, I used money from delivering the morning papers to buy my first house. When I was 11, ELEVEN!!
However it was the delivering of milk that really helped me afford my first yacht! Every morning for months I got at 4am to deliver it. That was a hard 3 and a half months I can tell you!You guys should just pull yourselves up by the avocados, and stop eating so many bootstraps!!
You didn’t know to sell one of your beanie babies to pay for a house? That’s like wu tangs #1 rule: diversify. Going all in on beanie babies is all fun and games until your divorce has you fighting over the most precious things in your life.
I understand now.
How can a partially muscled skeleton scream
Like this
AAAAAAHHHHHH!!! I’M A BONEY BOI WITH SOME BUT NOT ALL OF MY MUSCLES!!!
If you’ve done 6 impossible things this morning, why not round it off with a partially skeletal scream?
He partially has lungs and a vocal chord ?
Though it reminds me of a conversation you can over hear in one of the Baldurs Gate games between to skeletons, who talk themselves into how they shouldn’t function, and then promptly fall to the floor in a pile.
That was Divine Divinity. Larian Yes, not Baldur’s Gate.
2002: We lost the house 2008: got evicted from apartment 2020: dad died from covid 2025: let’s see how it goes this time
That’s fucking rough dude, I hope the world throws you a bone this time and just leaves you alone for once.
It’s almost like granting a supreme veto to a single, wholly imaginary ideology, and positioning it as a monoculture for how society values activities and production, is problematic.
We apparently did away with it once before through the separation of church and state, maybe it’s time to force the separation of bank and state.
This message is brought to you by the Storm of the Century and the hotest year in history. Available to you every year.
I know there have been people predicting they live in the “end times” for all of humanity. But I can’t help but feel like our generation isn’t crying wolf like the others.
Don’t forget the wildfires.
Good thing we dumped the california agriculture water reserves to solve their winter fires.
I was going to say I live in a “50 year flood plain” and I’ve seen 3 floods in the last 16 years.
You start noticing this pattern after some decades.
Always accompanied by “we need to temporarily tighten the belt now to keep our properity for the following generations”.
The period before is sold as a great economic time, despite that they called it a crisis back then and also ‘needed’ austerity measures to get back to the prosperity of the previous period.
The western standard of living has been destroyed bit by bit since the post WW2 period with this tactic, not for the multinationals, banks, stock folks OC, that’s where the stolen money goes to.
The ones in power telling us in their paid press how great ‘the econonomy’ is doing bcs stock line go up and BS GDP up.
In reality that means more billions in the pockets of a few oligarchs while income equality is growing.“we need to temporarily tighten the belt now to keep our properity for the following generations”.
But followed by “you guys need to be expending” and also “we are going to fund a lot more things with public money”
Fuck Keynes.
We should be spending public money though. The public debt has literally never been an actual issue for the US.
Forgot 2015
It’s what you get when pedophiles run the most powerful country: a new generation every 8-10 years.
“Funny”
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Don’t worry. People like my parents will blame poor people for accepting loans that they can’t pay.
Respectfully, why the fuck would you buy yourself a $100,000 truck?
He works with software so it’s probably because it occasionally snows where he lives and his micropenis.
Ahh I see… that checks out lmfao
After skimming @[email protected] post history I didn’t notice anything about working in tech nor having it snow where they live, but I did notice a lot of posts about killing their neighbors, which was concerning to say the least
I did a quick check and they’re definitely Canadian and recently went to CES. So I think “snows” is a given and “works in tech” is extremely likely.
I really hate looking at people’s post history though, so please don’t harass person.
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$100k? Suspicious, not sure the cybertruck is the investment you think it i/s…
Could need a pickup with the tool boxes and shit built in, or maybe a hydraulic lift. My family owned a construction company for decades, and we always had one of those in the driveway, and while I don’t know how much they were, they were definitely more expensive.
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