Breaking all the hell...FTX
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Re: Breaking all the hell...FTX
Red Lily wrote:vege57 wrote:Casey Jones wrote:Well then...don't invest.
Save it for the Daily Ponzi. Buy now, because you'll be able to sell higher tomorrow!
Ive made some money on shares, but property in NZ has always been a better investment no capital gains tax, Recently they have brought in a bright line test for investment properties, If you sell it in under ten years you will be taxed on the profit ,the home you live in is not taxed, I have also made a buck on metals
Property would always be my first choice but it's too damned expensive near the cities now and if you invest too far away it's hard to keep an eye on it unless it's vacant land or have a co-investor you trust.
I've thought a lot about metals but am not sure what to do Lolol.
Anyone who invests in lithium is going to see huge profits eventually.
Its hard to say with lithium its a hot item now , just depends on where battery tech goes, as you say property is bloody expensive, If I was real savvy I would use the money I get out of the prop to invest in houses when the market hits the bottom, I just cant be bothered , I want to live a simple life in the country , I might get back into some bees , queen rearing or wax production, I little boutique honey or such like, as I will have the capital to do it, im a reasonable sales person, I had no prob selling the honey I did produce , Just didn't have the capital at the time to put into it, The X put a big handbrake on it
vege57- Posts : 10763
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Re: Breaking all the hell...FTX
vege57 wrote:
""You get dividend checks; you get Annual Reports; and you get, with the Annual Meeting of Shareholders, ""
And what good has that done the shareholders of facebook. its widow dressing at best , you can effect the make up of the board , but that wont stop them from making poor decisions and losing your money, its a gamble
You pick which businesses you want to invest in.
Face___k is probably not a good investment. Never was...what the hell were they selling? It was a repeat of the 2000 dot-com bubble; and here it is.
Obviously their shareholder structure, whatever it is, leaves Zuck the Cuck with too much control. He's moving from being a social-media site, to becoming a technology site - Meta headsets, and selling all the digital accessories. That's a new market for FB and untested ANYWHERE.
Corporations go down all the time. GM failed; WorldCom failed. Adelphia Cable, in the Eastern US, failed, while other cable systems were prospering. Poor, corrupt management.
So...you gotta know when to get in, and when to get out. Right now, I wouldn't take FB stock if it were given me free.
Casey Jones- Posts : 8328
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Re: Breaking all the hell...FTX
Casey Jones wrote:vege57 wrote:
""You get dividend checks; you get Annual Reports; and you get, with the Annual Meeting of Shareholders, ""
And what good has that done the shareholders of facebook. its widow dressing at best , you can effect the make up of the board , but that wont stop them from making poor decisions and losing your money, its a gamble
You pick which businesses you want to invest in.
Face___k is probably not a good investment. Never was...what the hell were they selling? It was a repeat of the 2000 dot-com bubble; and here it is.
Obviously their shareholder structure, whatever it is, leaves Zuck the Cuck with too much control. He's moving from being a social-media site, to becoming a technology site - Meta headsets, and selling all the digital accessories. That's a new market for FB and untested ANYWHERE.
Corporations go down all the time. GM failed; WorldCom failed. Adelphia Cable, in the Eastern US, failed, while other cable systems were prospering. Poor, corrupt management.
So...you gotta know when to get in, and when to get out. Right now, I wouldn't take FB stock if it were given me free.
""Face___k is probably not a good investment. Never was.""
It was a great invest when the price was going through the roof, But like all .coms they arent built on much substance, get in make your dollar then cut and run
vege57- Posts : 10763
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Red Lily likes this post
Re: Breaking all the hell...FTX
"Bigger Fools" - buying high in hopes of selling higher - is not an investment strategy.
That's speculating.
One buys blue-chip stocks that have endured for awhile, with workable business plans, manageable debt, a ready business. In the past, IBM, or GM, or Walmart, or any number of other stable businesses, offered that opportunity.
The idea was, the stock value (not price) would rise with business growth...the value should double every seven years or so.
None of this is true when Central Banks (government currency issuers) are manipulating interest rates; when the creation of Federal Reserve Notes is laundered through the private banking system (members of the Federal Reserve; they got ZIRP short-term loans, to invest in stawks for banks' House Accounts. That was illegal prior to the early 1990s).
This drove stawk prices WAY up, to where they're not a rational investment anymore.
And the regulatory structure is such that ANY corporation could be shortly brought down. GM went down. Chrysler went down, and Ford almost did.
Thirty years prior, the oppressive regulation was limited to specific industries, such as utilities or railroads. It was not a depression that bankrupted the Penn Central, Erie Lackawanna, the New Haven and Long Island railroads in the East.
It was not poor business climate that caused the Illinois Central to almost go bankrupt, that caused the Milwaukee Road to fold up and go away...and the Rock Island Railroad to disappear. It was government's crushing regulations. A result of that, railroads were given a break - which, now, thirty years later, is probably going to be taken back. MOAR business failures because of regulation by idiots.
Nope...I'd invest in nothing, right now. I buy gold and silver.
That's speculating.
One buys blue-chip stocks that have endured for awhile, with workable business plans, manageable debt, a ready business. In the past, IBM, or GM, or Walmart, or any number of other stable businesses, offered that opportunity.
The idea was, the stock value (not price) would rise with business growth...the value should double every seven years or so.
None of this is true when Central Banks (government currency issuers) are manipulating interest rates; when the creation of Federal Reserve Notes is laundered through the private banking system (members of the Federal Reserve; they got ZIRP short-term loans, to invest in stawks for banks' House Accounts. That was illegal prior to the early 1990s).
This drove stawk prices WAY up, to where they're not a rational investment anymore.
And the regulatory structure is such that ANY corporation could be shortly brought down. GM went down. Chrysler went down, and Ford almost did.
Thirty years prior, the oppressive regulation was limited to specific industries, such as utilities or railroads. It was not a depression that bankrupted the Penn Central, Erie Lackawanna, the New Haven and Long Island railroads in the East.
It was not poor business climate that caused the Illinois Central to almost go bankrupt, that caused the Milwaukee Road to fold up and go away...and the Rock Island Railroad to disappear. It was government's crushing regulations. A result of that, railroads were given a break - which, now, thirty years later, is probably going to be taken back. MOAR business failures because of regulation by idiots.
Nope...I'd invest in nothing, right now. I buy gold and silver.
Casey Jones- Posts : 8328
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Re: Breaking all the hell...FTX
sam bankman-fried girlfriend.
Calypso Jones- Posts : 28574
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Re: Breaking all the hell...FTX
more and more will be coming about this which the Propaganda arm of the demo'rat party aka media will try to bury.
https://www.bangordailynews.com/2022/11/16/politics/ftx-crypto-donations-maine-dems-susan-collins-joam40zk0w/
Look at the repunks on the dole too. Dem Friendly Rinos.
https://www.bangordailynews.com/2022/11/16/politics/ftx-crypto-donations-maine-dems-susan-collins-joam40zk0w/
Look at the repunks on the dole too. Dem Friendly Rinos.
Calypso Jones- Posts : 28574
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Re: Breaking all the hell...FTX
collins is too old and ill to be in this position..
they're greedy pigs...they just cannot let go of the power. It'll be hell getting that little tart aoc out of there,.
they're greedy pigs...they just cannot let go of the power. It'll be hell getting that little tart aoc out of there,.
Calypso Jones- Posts : 28574
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Re: Breaking all the hell...FTX
Calypso Jones wrote:collins is too old and ill to be in this position..
they're greedy pigs...they just cannot let go of the power. It'll be hell getting that little tart aoc out of there,.
The nation won't last that long.
And she's too stupid. She's gonna be made into an example...trying to save the necks of the REAL lifetime criminals.
Think of Mussolini and that whore he was shacking up with. Big, tough warrior, with his woman...until his guard ran for their lives. So did he, but not fast enough.
Casey Jones- Posts : 8328
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Re: Breaking all the hell...FTX
This is going to get bigger and bigger.
"Slebs' are being sued. Kardashian...settled for 1.26million. who got that i can guarantee are not the people duped into investing.
going after Tom Brady, Larry David (so deserved) and others.
"Slebs' are being sued. Kardashian...settled for 1.26million. who got that i can guarantee are not the people duped into investing.
going after Tom Brady, Larry David (so deserved) and others.
Calypso Jones- Posts : 28574
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Re: Breaking all the hell...FTX
Cryptos is a free market enterprise.
Caveat emptor.
Caveat emptor.
Sprintcyclist- Posts : 6357
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