Remember reality is an illusion caused by a lack of alcohol .
I was talking to my Guyanese coworker today asking her how the companies 403b is doing. I’m not in it yet as I’m new I’m was just wondering how it is performing. She told me she didn’t know she wants to learn investing but has no clue how it works (she is a bright girl has a BS in psych and an AS in mechanical engineering) anyway she asked me if I could explain investing to her I said it’s very easy Jpow printer goes brrrrrrrr and stonks go up. I think she caught on but I’m going to give her some investment magazines to look over. This girl is a solid ten years younger than me, probably more but I’ll say ten to make myself feel better, I’m 75% sure I could shag this girl I know her life story and I haven’t even been working at the place for two months yet. She is a very honest decent person if I wasn’t married I think I would give it a try.
PS it very well could be I’m misreading the situation and she just thinks I’m friendly and fun to talk to like I think of her, doesn’t matter anyway I couldn’t break the vow I made
Last edited by walrus; 06-23-2020 at 11:59 PM.
So anyway the topic of the day is peloton. A stock my wife bought prior to wuhan. I told her not to, it was on its way down than wuhan hit. Shit has now more than doubled. Peloton does those exercise bikes you hook up to the internet of things and peddle away. As you can tell I don’t know much about peloton other than it’s numbers, they are losing 20cents a share. To me it should be a pure dog of a stock. Wuhan and Jpows printer turned it into a money maker. Now it just about timing, the hardest part. When to sell before it being ridiculously overpriced piece of doo doo which I still believe it to be becomes the general consensus and everyone looks to exit it.
Last edited by walrus; 07-03-2020 at 02:56 AM.
Gold is holding up alright although I think it could have done better during this crisis I have read some stories about an effort to manipulate gold by keeping its price from spiking as that would create fear in the economy. You can read 1,000’s of articles about the manipulation of gold and silver I just don’t know what is what.
Gold is strong enough and don't forget it was around 1050 only a few years ago. It is an 80% increase on that.
But yes gold is having a good year I would just think with all the uncertainty it would have had a much bigger break out. A lot can still happen regardless
You guys are near terminally dull.
So beanz says gold isn’t an ethical investment. Dude has no clue. It’s not an investment to begin with. It’s a hedge. A preservation move. What is unethical about one of the oldest forms of currency amongst humans? Didn’t England scour the world and enslave millions for gold and other commodities? I hope all the statues of kings are out of England as England brought slavery to the United States and every other part of the world they touched, what did England invade about 90% of the worlds land overtime? So now all stocks are lame, what about reit or realestate etfs are they bad. I mean they are stocks but comprised of realestate, how does that work. About 50% of Americans are in the market, probably a little more, are they all dumb and lame or is it just me? Does that hold true for the Nikki and all the other markets or just the US? I would think unethical investments are Monsanto and certain “sin” stocks as they call them. Perhaps stocks related to the military industrial complex. But I guess you have the good and bad thing pretty well covered. I’m glad things are so simple for you. Watches are bad but cameras are good. I’d much rather be able to tell what time it is that take an edgy picture of some old smelly boots that look like shit to begin with. A zoom boot special.
Walrus, you said this thread would get some action going. You are Nostradamus.
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