Official saddo financial thread

[Gandalf]

It's a tough world Walrus. I have some money but no idea how to make it work. Kirkland denies there is inflation here because of his charts, but I know he is wrong. I get nothing in the bank despite them using my money to make loans that make mortgages that there is so much debt for that interest rates cannot rise. It's an economy based on bailing out people in debt and personal debt here is higher than in the US or the UK. Unless you gamble you don't have anywhere to go. My friend threw 30,000 dollars into crypto. I don't really want to do that. He looks at the price constantly. Doesn't look fun. I just want to park safely and not keep checking if the car is there.

[walrus]

It's a tough world Walrus. I have some money but no idea how to make it work. Kirkland denies there is inflation here because of his charts, but I know he is wrong. I get nothing in the bank despite them using my money to make loans that make mortgages that there is so much debt for that interest rates cannot rise. It's an economy based on bailing out people in debt and personal debt here is higher than in the US or the UK. Unless you gamble you don't have anywhere to go. My friend threw 30,000 dollars into crypto. I don't really want to do that. He looks at the price constantly. Doesn't look fun. I just want to park safely and not keep checking if the car is there.

30k in crypto dude is a bit nutz. Look into some index funds miles

[Master]

Man Utd's shares have gone up, Walrus is it something you would look at?

[walrus]

https://www.thestreet.com/quote/MANU.html

Hey master I see some decent reviews on the stock. I wouldn’t want to give u thumbs up or down on this as this type of stock is not in my wheel house. Being that the P/E is around or over fifty it would give me pause. Returned 40% in a year which is nothing to sneeze at. I’ll ask around and look into it see if anyone I know has a history with this stock


https://www.zacks.com/stock/chart/MA...l/pe-ratio-ttm

[walrus]

Ps @Master not long ago weren’t u saying I was dumb for being risky investing in stocks

[Master]

Ps @Master not long ago weren’t u saying I was dumb for being risky investing in stocks

I said in bitcoin.

I have shares but do not how to get the money out of those at the moment.

[walrus]

Ps @Master not long ago weren’t u saying I was dumb for being risky investing in stocks

I said in bitcoin.

I have shares but do not how to get the money out of those at the moment.

Oh bitcoin was more for fun. I made some money on it. Stocks are my speciality

[walrus]

Ps @Master not long ago weren’t u saying I was dumb for being risky investing in stocks

I said in bitcoin.

I have shares but do not how to get the money out of those at the moment.

You should really sit down and figure out what u need to do to unload those stocks. It really shouldn’t be that complicated. Somethings the but price is a few pennies under the sell price. But it really shouldn’t be much more difficult than confirming a few steps