LOT
Lotus Technology Inc. American Depositary Shares
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Luckily, I saw it coming & liquidated early Monday morning. It's so obvious, I can't believe all of you people don't see it. Am I smarter than everyone else? And no, this is not 'the market crashing'. It will be up soon enough, and I will have gotten back in before then. I actually made money the last 2 days. Not much, but a little, and I didn't lose money. Seriously people, pay attention. What one thing happens, that causes a LOT of traders to have to sell pretty much in a several day period? Hmmmm, I wonder what that could be.
Thanks for another reasonable reply. I don’t think there will be an expensive war and doubt we will get bogged down like other presidents have gotten us into as Trump is very deliberate to get in and get out as we saw with Iran. I think the Venezuelan leadership is seeing these displays of force, plus the battle group off their shores so I expect there could be regime change without having to invade or bomb them. On the other points I and others have a different viewpoint. Instead of expanding SNAP and other programs for the poor, we think it is time to help the poor not be so poor any longer! Let’s get those who are able bodied working as there are a lot of jobs and there is little reason to be poor with the opportunities available in America. Very candidly, and this is from someone who was poor and hungry at one time, hunger is a forceful motivation to stop being poor and do what needs done to make a living to take care of one’s self. Let’s spend the money on programs to get poor people working so they are no longer poor. With the many illegal immigrants being deported there are a LOT of jobs available. The trades are high paying jobs and are in desperate need of workers. I could go on, but you get the point. I agree with you on ACA which the democrats set up and knew the subsides were going to end at the end of 2025, but Biden did nothing about it, so this again is a lack of focus, work, and foresight. We can say a lot about Trump but he is usually focused and working hard to achieve his agenda, which we could not say about Biden. I’m in the camp to stop throwing money and temporary patch fixes at problems, and instead spend the money to fix the root cause so the problems don’t need costly work arounds. It seems many in DC only focus on the work arounds …
If the dollar has played a role at all, the catch-up period for the Nasdaq was 5/12 - early July. But the reality is that there is a heck of a LOT more evidence that the yen carry trades have been bothering the Nasdaq over DXY down needing to equate to US stocks up. Last year was USD/JPY falling bothering the Nasdaq (so a dollar DECLINE actually hurt the index last year) and this year has been rising Japan bond yields bothering the Nasdaq (and US markets in general) because it's leading to Asian money leaving global markets. So, tl/dr, if Japan bonds don't settle down, them electing a female version of Trump may be the death of US tech for a while.
I'm putting it in treasuries tomorrow. And it's saved me A LOT vs if I had it in any of the high flyers that have crashed down. I'm up 24% this year and finally over $100k. I'm quite happy with that return.
I’m the same. People generally think I’m hilarious and witty. I know a lot about a lot of stuff. I talk A LOT and I think I’m boring people but for some reason they say, “no keep going!” I am really shy and introverted but at a party I can end up hogging a lot of attention with good stories and creative thoughts/jokes/situations etc. I would never trade my autism. I absolutely love it.
Market thinks, NVDA is lying, market thinks earnings report is lying. We’re possibly finding out a LOT of people including the president do horrific things to children
For federal employees. I don’t think the contractors receive back pay, and there are a LOT of contractors furloughed/affected by shutdowns and shifts in the budget.
Going to be blunt as you need it... If you are seriously wondering this you have no business being in the market...I suggest learning what investing is and how the stock market works. Start with the sidebar info here. Similarily if you think 1% is a crash...you have a LOT to learn.
Is everyone finally realizing AI, at least in its current state and overpromise is a giant scam? No one is saying AI won't do cool shit eventually but the level of over investment and systemic risk of going all in all today is ridiculous and being downplayed. Right now scaling law of "more models + more data + more training" is beginning to show diminishing returns. It's GOOD to slow down. Find out what really works and what doesn't. Good dot com companies survived. A LOT of shitty ones vaporized. What happened to markets taking breathers to calm the mania, regulate, place guardrails etc?
A LOT of people are going to lose their jobs in the next 5 years.
For husband wife. That seems so low. A LOT of poors out there bringing us down
100% a LOT of people will get burned, is all just a big game of musical chairs after all
The Mag 7 are the only thing holding this market up and it's top heavy ready to fall. Buffet has 300B on the sidelines since last year waiting for the downturn because the writings on the wall. The entire C suite in NVDA have sold their shares and made billions. Inflation is increasing and the market is about to correct. There's going to be A LOT of people holding the bags, what you're witnessing is a train wreck in slow motion.
I like Moomop trading platform A LOT. It's very powerful and has tons of features. I also had like 8% interst my first 3 months and got free NVDA stock. Even if you don't keep them long term it's worth it for the promo IMO. Options are cheap too. That's all I trade.
Five years ago we were saying similar about "How could ANY company be worth 1 trillion dollars" and many insisted it was all craziness (AAPL was around a 12 PE) yet here we are with several multi trillion dollar companies. A LOT can and does change in the tech world in 5 years.
Let’s just say that I’ll be spending A LOT of time with that boy with the wide hips who lives behind the Wendy’s dumpsters 😈
Yeah but back then everyone wanted to make a website, but it was like...why? Most companies in the year 2000 did not need a website, and a LOT of consumers did not have PCs, or regular access to the world wide web, and online shopping was a lot more rare then as well, so there was nothing to do on most websites for companies that wanted to make money.
years? quarters maybe, but 2-3 years is a LOT of faith in our financial system
**A LOT** of 200 calls are going to expire worthless this week.
$NVDA NVIDIA CEO JENSEN HUANG ON EARNINGS CALL: "THERE'S BEEN A LOT OF TALK ABOUT AN AI BUBBLE... WE SEE SOMETHING VERY DIFFERENT"
He's going to be answering a LOT of.craigslist ads. Bc "20 bucks is 20 bucks"
THIS MEANS NOTHING FOR NVIDIA BUT A LOT FOR TECH Spy 700 off the hype of Nvidia not popping the bubble
I'm enjoying watching the MSTR bros get absolutely savaged with no hope of a strategy in sight - down almost 40% YTD, down 60% past year. I mean that's great if you were one of the early adopters in 2023 before all the money got sucked in at higher prices, now the majority of shareholders are underwater or soon to be. If that sounds A LOT like a ponzi scheme or MLM...you're not wrong. Let's see how far it drops before they abandon hope.
#This is A LOT worse than covid crash. During covid crash we had a bunch of green days and dead cat bounces. Now it's just a straight red line. LMAO🤌
I got so many crayons up my nose that I in-fact work on system level hardware designs and programming models for use cases across some fan favorite digital bean counters, some of them are a smash hit with kids trying to render titties or proteins or magnets and magnetic waves in real life. I also have friends high up in banking... let me put it this way... the rounding error for an hardware implementation of an ALU relative to time performance over first principles math is a lot LOT stricter than the bullshit I see in terms of "rounding error" in account balances and transactions. Your resource scaling problem goes away if I treat your reality as cheap pixels on a screen. Photons are surprisingly abundant. The money is worthless, counting it and recounting is a dumb activity. People need computational capacity for real work. That need has value. How you transact with IOUs of value when you can't generate value because you don't have a computational resource sounds like a practical problem every individual needs to think about, because the central banks will make shit up... like a Nobel prize in economics, or give the said prize to the guy that invented "Too big to fail" economic theory.
I have no more buying power, cash accounts suck because yea it kinda limits you but at the same time you miss out on shit A LOT
I think there’s a LOT of companies out there right now battling a disturbingly low order intake.
I just really think it’s roleplayed a LOT less than what people like to shout about as a tailwind for markets this year unless you think May 12th-July 2nd was catch up for markets down + dollar down early this year. There’s more evidence of the yen crisis bothering the Nasdaq last year over dollar down=US markets higher (and there’s some evidence that Japanese happenings are bothering US markets again, but this time, it’s rate related). The Nasdaq actually kinda slowed down this year in May after the dollar reversed course again and was a lot more grindy and then the action just didn’t really change much when the dollar hit its bottom for 2025.
I haven't made a dumb investment in 4 years. I did when MSTR was a LOT more expensive than it is today, but i got out pretty quick when i realized that it didn't belong in my style of investing. I find it hard to ignore great businesses at great prices, but it seems like from the feedback, it is not a great business, and who knows if it is even a great price, this could just be the beginning. Was more interested in COIN as an opportunity as it has been on my watchlist for a few years, but I think the MSTR ship has 'sayled' for me. Was more curious about the hype and trying to understand the business itself.
It was empty promises for many of the then-big-name companies that are forgotten now, not for the ones like Google that are household names. That's the big difference between Dotcom and AI--Dotcom had the gains distributed widely across companies, some of which were pure smoke and mirrors. Nowadays, it's a small number of companies (Mag 7) getting the lion's share of the gains, and they're all delivering monster earnings. Once other sectors can demonstrate widespread benefits from AI, I think there's A LOT of room for the market to run.
We're cooked regardless. NVIDIA misses: We giga nuke. NVIDIA meets: We nuke. NVIDIA beats: We drop hard. NVIDIA beats by A LOT: We drop a little. Just can't win.
It’s amazing how every few percent drop has Reddit screaming “Trump Dump”, but you were all silent during the drops of the Biden years. There’s a real psychological disorder with A LOT of people on here.
You do realize some people here are real, and have A LOT of money on bets, right? To some, this isn't paper money. They are looking for a way out. I'm not one of those people and am quite older, and can spot some bullshit. So i know not to screw with people when they are down. You are unempathetic and stupid.
claude told me this: > How This Hits FUBO: > Scenario A: You're Fucked (70% Probability) then i called it a ghey ber, and it course corrected > 🚀 FUBO TO $32 OR WENDY'S PARKING LOT 🚀 🤗🤗🤗
Theres one addition to the "choice of young generation"-point. Give or take 5-10 years, A LOT of boomers will bite the dust. Who will inherit all their wealth and where will those people put their money into?
"A LOT OF PEOPLE DIDN'T LIKE KHASHOGGI" was the top
As someone who works in tech, I can tell we are just getting going on AI. Data centers are being built, power plants added, features in development… But a LOT of spending to get there
Cheers to the OG GOOG bulls 🥂 It was always perfectly clear in my mind. Ppl treated us like we were coping bag holders tho 😂 It’s just so obvious tho: - compute moat from TPU - data and distribution moat from 5+ billion user apps - pricing power moat from no NVDA tax and inventing the modern datacentrrr optimized at every level - funding moat being the most profitable company on the planet Not even mentioning that it’s AI research efforts led by a literal GENIUS who won a Nobel prize in chemistry as a side quest It’s so crazy ppl got psyopped into thinking they were a loser Glad they did tho. Was able to scoop up a LOT of shares at a huge discount.
Fellow (ex)scientist here. First be *very* clear what you want out of your investment in what timeframe. (No, "moar!" is not a plan.) What you want to achieve will indicate what kind of risks you may have to take. The more you want out of your investment over and above just chucking it into some index fund the more risk you will have to take (and, of course, the more likely that you will lose your money, too. The stock market is *not* some automatic money making machine! Loss of your investment should be something you can stomach.) The longer your timeframe and the lower your expectation the more likely you are to achieve your goals. Check how resilient your finances are against some sudden financial need (medical emergency, sudden required rennovation of your home, smashed up car, loss of employment, whatever). If any of these would require you to pull money out of an investment in a short timeframe you're adding a LOT of risk - because those times may be when the market is down (particularly loss of employment can easily coincide with a weak economy). Read: only invest money you can live reasonably securely without for a number of months (how many months depends on your risk tolerance. Some say 3. Others go substantially higher. Personally I opt for 12, but YMMV...possibly also with how well safety nets are developed in the country you're at) If you invest in individual stocks do your research before throwing money at it. Company financials, addressable market, competition, (geo)political factors that can impact the company, ... anything and everything that can impact the company in a significant way should be on your radar. Take your time (days/weeks). Formulate *measurable* exit conditions (positive as well as negative)*.* Periodically revisit and see if iyour thesis still holds or exit conditions have been met. (potentially adjust as new information invalidates parts of your thesis).
Which part is cryptic to you? He's just saying that he is of the opinion that if AI doesn't make enough revenue fast enough, then things could get ugly. Basically: AI make some money, but need make LOT money. Lot money fast. If not, red candles for everyone.
Yes for now benefits are good, we’re just hemorrhaging work. We lost a LOT of big contracts in the past couple years and by the start of next year we’re supposedly going to be done with Amazon stuff as well. Obviously I don’t know the details of our contract with Amazon but I can’t imagine giving it up completely is a good thing
Accurate. An example from long ago comes to mind. I used to regular buy a sort of tool for work I was doing. Once a year I'd get a new updated version of it. All was fine, we were doing business, and the manufacturer was doing business. Then private equity bros bought the tool maker. They wanted more profit. So, they jacked up prices and did clever math. They realized that servicing smaller businesses like ours came with overhead, they needed to employ people to handle our orders and stock and various other issues. There was its own micro-economy around it. They employed more people with family-supporting jobs. BUT, the silver-spooned private equity bros wanted more of everything for themselves. After all, that is all they knew, a lifestyle of abundance for them, no matter the impact on others. So, they did the math and decided, fewer customers + higher prices = a yacht + $10,000,000 vacation property + luxury cars for them. They jacked prices. Then they did it again, and again, and finally we were pushed out, they laid off lots of people, we had to re-tool and change our business too. I spoke with a rep about it, and they essentially stated "what they really want is one customer paying them millions, and no one working here anymore". Eventually the rich took too much, pilfered that company, and everyone lost their jobs. You can see similar playing out right now across the economy. It takes a LOT of us making huge sacrifices to lift billionaires to multibillionaire levels, and it's going to take even more sacrifices to give rise to trillionaires, but by golly I think we all can do it. Meanwhile, I've been unemployed for 2 years. I drive my mom and MIL to food banks now. We've wiped out our savings, our children's futures, our own futures, retirement funds wiped out for the 4th and last time of my life, and we are right on the edge of maxing out credit cards financing food. We've never carried credit card debt in our lives. And no jobs in sight. More offshoring. More importing of labor. More ruin for more and more 50+ year olds and even the next generation is getting cut out. The rich took too much this time, but they don't see it, they don't care, they really really don't care. Years ago I watched more than one older co-worker die in poverty after helping build companies because of similar betrayals. THAT is what is happening.
Wow, that is ... makes more sense, but holy fuck like link to it or put it in caps? Because it literally sounded like they asked the designer something and it got lost in translation as "a piece of cloth" which just seemed hilarious (and on brand for a LOT of Japanese fashion/design stuff that gets translated to English poorly).
2 hours is plenty of time for it to get a LOT worse.
There are plenty of undervalued stocks and there are A LOT of overvalued stocks.
Nokia owns Bell Labs… they crank out Nobel prize winners on the regular Nokia with those engineers under there wing ain’t going anywhere, they literally develop the stuff we end up using every day without knowing. Traffic light signals is a good example… from monitoring traffic, traffic analysis, to traffic signaling… Nokia makes stuff for a LOT of infrastructure world wide.
Not necessarily. Since Wall Street trades it now, there are a LOT of shorts that can be liquidated now since "everyone" knows it only goes down. Once a trade becomes crowded, that is when Wall Street likes to be contrarian and pull the rug. Short covering along could send it close to ath if the street decides to squeeze
in almost all the major metro areas (except maybe Philly?) the average monthly cost to rent is a LOT lower than the average monthly cost to own a home (go ahead and google "average monthly cost to rent vs. average monthly cost to own home in x location"). Renting and putting that difference in the stock market (and the would-be down payment in the stock market) has made you much wealthier long term.
There seem to be a LOT of mega whales cashing in on the AI trade
I've been walking through data centers and working in them since the mid 90s. I was responsible for backup and I had a couple cool tools to use. One was a giant robot on a track. The 3495 by IBM. So when I say they haven't much changed, I personally feel they haven't much changed. I was in the most advanced data centers at the time, backing up terabytes! I've been in data storage ever since and still walk through the most advanced data centers in the world. They're just a LOT bigger now. My first data center that held all the credit information for all the people in the country was in half a buildings basement. It was replicated to a literal closet at another facility 20 miles away. Tapes were shipped offsite daily in a small box. Anyhow, that's just been my experience. Ask the mainframe guys about earlier times.
I'm a high net worth renter due to buying stocks (Partly a choice but partly circumstances) Can confirm, renting and dealing with landlords sucks and it sucks a LOT - Especially in the Canadian rental market where supply/demand is so incredibly lopsided.
He’s always done that dance. There is an old video of him w/ Jeffery Epstein where he does the double dick suck while coked out his skull. It might be hard to find because there are A LOT of videos of those two besties together.
Someone here was saying how this ai bubble will put the 08 crash to shame. We have a LOT more upside now
The market cap relative to entrenched alcohol lobbyists makes me have a LOT of doubt about that but I see your point.
The first rule of investing is don’t lose money. If you have the fortitude to buy when everyone else is fearful, you can make a lot of money. You don’t even have to time the bottom. You just have to buy when the valuations make sense for you. So all things considered, if I can make 7% by sitting out most of the time and being aggressive in key moments, I can make market returns with a LOT less volatility. That’s not a promise tho, just a theory and one that isn’t borne out in practice.
You do realize that is still more money than 97% of Americans will ever have to invest in their entire lifetime, right? I mean, you must have had a LOT of volatility in your portfolio to lose that much. But I don’t feel any sympathy for you bc you’re up that much for the year. I am 45 and I have over $2.5M in investments with over $1m tied up in SAFE high yield savings accounts/CDs generating a $35k+ yearly passive revenue stream. The rest is handled by my broker with Fisher Investments. Stop your crying, and work to get it back..
Look, this sub is full of non-financial regular people who think they're financial people because they read a book about dollar cost averaging and the business cycle. Here is the reality: **Time in the market is better than timing the market** ***if you are not rich.*** There are a LOT of sayings and words of wisdoms that should actually have *"if you are not rich"* added to the end but for the fact that wealth is so often treated as a moral issue. Everyone tries to pretend that having lots of money doesn't matter when it's just obviously nonsensical to believe so. Being wealthy means that you can ensure that your have a comfortable and secure lifestyle AND a significant enough stream of guaranteed cash flow AND a safe "time in the market"-style investment strategy AND THEN play around with "dry powder" to try and find ways to beat the market. If you, as a regular person, miss out on $500,000 over the course your working life that is a huge fucking deal. Someone with actual wealth and assets might lose and gain that much on an errant tuesday morning. What's life changing for you is just a hobby to someome who actually has the means.
Not really. QQQ is still up \~20%+ YTD. Going to have to fall a LOT more before I even feel anything
No kidding. My net worth is up A LOT in the last few years (and few decades). My worry is about a stock and local real estate correction catching me out in my last few years of aggressive investing. The stocks I can do something about. My real property, not so much. I'm nowhere near ready to move.
The rebound is overdone, LOT of people have to be anxious about potential dump imo
>When comparing it to streaming, which is *what it is*, the value is bad. $30 is a LOT of money Compared to companies that have less content and are in the process of also raising prices. Streaming was never going to stay cheap.
When comparing it to a movie theater, yes. When comparing it to streaming, which is *what it is*, the value is bad. $30 is a LOT of money. Streaming is not meant to replace theater experiences. By this logic, cable TV is a good value too. $95/mo to watch a ton of channels with constant content that changes every half hour to an hour that you can record and watch at will? That is an incredibly good value, but again the same issue arises; tons of content that youve either already seen or have no interest in and a ton of slop thats genuinely terrible. And ontop if it all, youre supporting a multi-media conglomerate that sends money to execs or things you outright dont support. So again 'good' is relative, and for me its really not a good value. I can build a plex server for the cost netflix charges me on a yearly basis and get a decade of use out of it.
man cant buy longterm anything, goes up and down a LOT
right but people get wiped out and people make lots of money on those movements. Those downward movements cause cascading margin calls too its not "just" a number on a chart. People take out leverage BASED on at the time valuations of their assets. When valuations drop it causes margin calls etc. Not that i care of the plight of the margin called, but its a LOT more than just a 2% drop.
Ride it for as long as you can, make sure to make a fucking LOT while you can, just make sure to get out before the circular investing trick destroys market confidence or that dictator fella finally breaks the market! Remember, the collapse of a country or economy doesn’t matter if you can travel somewhere it hasn’t!
Solid take… oh wait not really Buffet announced his retirement in May at a shareholders meeting… dude should have retired 10 years ago… Burry I mean did you see his positions? Dude lost A LOT of money betting on the bubble burst…
What are the chances of RCAT opening from $9 tomorrow? I say A LOT!
Literally every single day people post on here "buy the dip, buy every dip" or some variation of "indices fell half a point today, hope you bought during this generational opportunity." I agree with you that dip buying is healthy and a smart move most of the time, but investors, especially a lot of young/inexperienced investors, have been taught that stocks only go up and that any time a ticker drops, no matter how overpriced it still is, it's worth buying on the dip. In other words, a LOT of people have been trained to be exit liquidity on extremely overpriced stocks with absurd valuations based entirely on momentum, since these people don't know that momentum actually cuts both ways and that valuations do actually matter in bear markets.
Dear bols, just let it go, you'll feel a lot better trust me - the world was a LOT better place 2009-2015.
They have a contract for the Lunar Data Link which will hopefully start coming online in the Spring, they are in the process of acquiring Lanteris Space Systems which will make them less dependent on the lunar missions for revenue and if they nail at least one landing next year I think they'll be gucci. A LOT could go wrong, just what I'm betting on though.
"save that money"? What money? He isn't getting paid unless you make a LOT of money...
Didn’t a lot of people lose A LOT of money in Wolfspeed because of that bankruptcy?
Greed and stupidity are no the same but they pair well. Focus on the concept of compounding interest. You're making plenty of money now. Work on getting it into boring index funds. If you want to make A LOT of money you have to be prepared to loose A LOT of money. Consider what happens if you loose a lot of money. It will take less time/work to get safe returns than recover from a massive loss. The safe returns will
I found out in the stupidest way possible. I had just lost a shit ton of money on this other meme stock that people in WSB were talking about. At the same time, $OPEN started being talked about a LOT in here, so I just YOLO'd into it out of frustration. Best decision of my life lmao https://preview.redd.it/9eybi31mkx0g1.png?width=1080&format=png&auto=webp&s=1add7298a6736f37101478c488c03ef883fb2b1b
Well, if you hit it once out of the park and make enough, then that also seems like a viable strategy. If you look at this one trade and then over 20 years I‘m wondering, if he still outperforms the S&P 500? If yes, then he seems better at delivering results than me. That‘s also exactly why nvidia is so big, not because the the people that buy their profucts expect to strike gold every time, but when they strike gold to make A LOT of money.
Would all depend on your income bracket. California has the highest state income capital gain taxes. Some states don't tax capital gains at all, some a flat rate under 5%. Here is the CA cap gains tax bracket, so if you fall in the 8% range then yes you are correct at the 21-23%. Also keep in mind, if you had a LOT of capital gains moving to a tax free cap gain state then selling would be an option. Also remember if you had holdings that show an overall loss you can use these sells to offset gains as well, that's a popular method with some, tax loss harvesting. 2025 California Income Tax Brackets (for a Single Filer) Your specific state tax rate depends on which bracket your total income (including capital gains) falls into: |**Rate** |**Taxable Income**| |:-|:-| |1%|$0 – $10,756| |2%|$10,757 – $25,499| |4%|$25,500 – $40,245| |6%|$40,246 – $55,866| |8%|$55,867 – $70,606| |9.3%|$70,607 – $360,659| |10.3%|$360,660 – $432,787| |11.3%|$432,788 – $721,314| |12.3%|$721,315 – $1,000,000|
Which LOT you sell, doesn't matter; how long you held the shares doesn't matter. **When** you sell shares at a loss ... if you then purchased **"replacement"** shares within the window, that's a wash. I've triggered a wash sale when on the 30th day of the damn window, a batch of dividends reinvested! (Bzzzt, thank you for playing...)
It’s different because instead of having many many many start ups it’s consolidated to a handful of companies. Also participation is mostly limited to those companies. Actual productivity and value remains to be realized. These companies are generating tons of revenue because they are already major companies. Are their AI departments profitable? As far as I’ve heard it goes takes A LOT to run these models and right now chatGPT remains free. From all of it, it seems like investors are putting in money with the expectation that the largest value of AI will not be productivity gains but the elimination of both intellectual and manual labor operating costs.
Both are good bets for different reasons. Amzn has a LOT to win by leveraging AI and robotics, which they will. They are the leader in cloud which is growing a lot. Googl has one of the best AI models out there and continues to impress there with Gemini model, also now provided for «free» mostly. They have search that still improves a lot and Google Cloud which is growing a lot. And Youtube, which arguably does not have real competitors. Either pick should be good, I have both
they did jump a little bit, but it got back down, probably some quick trades there but tbh i've seen A LOT of stocks lately not really reacting to very good news, like dvlt and nbis
LOL i feel you! I would have said the same thing as you 2 years ago. I saw all these posts and decided to go learn it for myself. Chatgpt, google are good resources just to understand how options work. Then it's about finding a strategy that works for you, and using Tradingview or other platforms to papertrade and see how you do. But be aware when it's real money you start trading, your psych is COMPLETELY different than paper trading. Best book i read for this was "Trading in the zone". It's A LOT of work+risk+some luck.
They are, but as most charities go, there’s a small group of people at the top raking in a LOT of money. In this case it’s his kids. To be fair this is one of the better ways to do inheritance though, at least some good comes from it instead of just going to the federal government in estate tax.
Not all are crashes. See GME in Jan 2021. Caused A LOT of pain.
Bro have you even looked at the financial sheet of gamestop? They are profitable and by a LOT
I have made a LOT of mistakes investing the past 20 years. It’s been a long, long bull market so who knows going forward, but my best investment was money in VOO that I didn’t touch one single time. Just kept adding. TQQQ has been a good bet for a very small amount of my portfolio, but I just sold a good portion of that. At your age just get dollars into your retirement account in low cost index funds for 90%. I didn’t start saving until I was 35 and have enough and then some at 53. Your biggest opportunities will probably come from career advancement (making more $) and living frugally, which is hard but I did it for my 20’s, 30’s and 40’s.
So true, but 2k to someone with none is indeed A LOT of money
Exactly right. So many people fail to see the long term potential here. They trash the AR and VR goggles about being too big and cumbersome and no one will buy them and hence Meta are wasting money on dead tech. What they fail to understand is that thin light AR/VR wearables don't just appear out of thin air. The tech needs to evolve, grow and miniturize. This takes time and A LOT of research. Mobile phones started out pretty feature poor and bulky and in time they turned into the modern smartphone.
Donations don’t lower MAGI. We already donate A LOT to many charities. If this trade made big money I’d be happy to share some of the excess profits over $100,000 as well.
Listen, Rivian makes a great product and their customers truly love them... I had a measly 600 shares avg/$10 that I just sold @15.30. Here's why: 1. The 7,500 tax credit is done for. This quarter was their first gross profit after years of cash burn because everyone piled in for their last chance at that sweet, sweet credit. I don't see sales increasing any time soon until that R2 hits the market. 2. People are extremely hesitant to buy a vehicle that will depreciate 30% in the first year. I'm shopping for an R1T second hand in the low 50's. 3. These tariffs are taking effect, and with that a LOT of the materials and parts that go on vehicles becomes more expensive. These Rivians are selling for less than they are being manufactured for at the moment, so this will just increase cash burn.🔥 4. I'm concerned about this AI frenzy. If things go south, it'll take all of the market with it. With layoffs growing and inflation rising, people are already looking for safer places to put their cash. A brand new big luxury EV that depreciates like a maserati might not sound as appealing to buyers in the near future. If a recession happens, forget about it. All that being said, if those shares fall in to the 10s or 9s again, im probably gonna load up again lol
He mostly trimmed his stake in Apple because it had grown so much that it became an overwhelming % of Berkshire's holdings. My interpretation is that he was de-risking and rebalancing. Don't forget, Berkshire still owns **A LOT** of AAPL.
Depending on the area, there are a LOT driving around. Very popular where I am.
Not that I know what AI is, but as someone who does accounting, the "investing" that is at fever pitch in data centers and AI infrastructure is honestly going to be extremely hard to recoup in a short time, unless it becomes as normal as car insurance for consumers. Coming from trying to figure out the earnings after just a 0.2x rev spent on a huge capex in my company, and it makes us look like absolute crap shit. Bc earnings are less than a rounding error compared to the money spent. A LOT of the billions going in is going into a black hole never to be seen, it's just that most don't know which
Even my spouse dumped DIS+ and is boycotting them. That’s analogous to me hypothetically quitting trading (would never happen). If *she* dropped them, A LOT of others certainly did.
I understand what you're driving at, but I don't agree with your "zero work" statement. Being able to watch the market constantly, note subtle changes, and most importantly *have the knowledge to know how to act on those changes to your benefit* is a LOT of work and requires significant skill.
The odds of losing your job and being unemployed for 9+ months are a LOT higher when your portfolio is down 50%
Government Shutdown will end soon. Juicy dip to buy today in A LOT of names.
#This market is going to go A LOT lower LMAO🤌
While there is a LOT of money in porn. It's not openAI valuation money.
I'm sitting in plain old VOO stock and GLD 425 June LEAPS. I feel a LOT better about these red days this week than my fellow options regards do I think.
To my knowledge, the main thing that mattered with this previous pay package was the 1T market cap deal. It was viewed as crazy in 2017, and if I was paying more attention, I'd have agreed, but I will also caveat that my dad is a grumpy 60s+ type that will buy US tech but does NOT believe in electric vehicles. I'll go on record and say that I don't see this 8T deal panning out. I can easily see how it did previously and it involves the options market, but it will be a LOT harder to get it from 1T to 8T just by games in this market.