ETFs That Track Stock Trades of US Congress Members Planned by Drewski in investing

[–]IkeConn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Nancy won't like that.

ETFs That Track Stock Trades of US Congress Members Planned by Drewski in investing

[–]Drewski[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

What will be blamed on the coming food shortage? by trident765 in investing

[–]IkeConn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Democrats and incumbents.

Will there be a housing market crash? by trident765 in investing

[–]jet199 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Just make sure you buy for a good price not just the supposed market rate.

If you pay what a house is worth to you the market price won't ever matter.

Work out what you would have to pay in rent and fees for 25 years and compare to the cost of buying plus maintenance.

Will there be a housing market crash? by trident765 in investing

[–]fschmidt 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

If you can get a fixed rate mortgage then buy because the dollar will devalue.

Interesting times by jet199 in investing

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Why hasn't the price of gold been going up? by trident765 in investing

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

I think gold will go up, not in terms of a big increase which may be a bubble, like with bit coin

Why hasn't the price of gold been going up? by trident765 in investing

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Gold is a good investment. It's a hedge against hyperinflation, basically when money isn't worth anything gold still will be.

It's not something you should expect huge returns from in a few months time. Or even a few years unless something really fucked up happens, but then the stock market won't matter (see buying physical bullion).

You can see the spike of gold early in the pandemic and then it calmed down. That was it I guess.

Probably doesn't help money is streaming, billions, in and out of crypto every day.

Why hasn't the price of gold been going up? by trident765 in investing

[–]jet199 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Companies too.

Why hasn't the price of gold been going up? by trident765 in investing

[–]Zapped 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Yep. Capital is cheap right now if you're able to tap into it. Might as well trade it for something lasting.

Why hasn't the price of gold been going up? by trident765 in investing

[–]IkeConn 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

Rich people are buying up houses.

Why hasn't the price of gold been going up? by trident765 in investing

[–]fschmidt 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (0 children)

Because modern scum consider cryptos to be a preferable alternative to gold, so this competes with gold and drives its price down. This is why I am not buying precious metals.

M1 Money Stock graph by trident765 in investing

[–]thefirststone 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

So they changed the definition to hide their expansion. Does Shadow Stats or somebody have a more-comparable graph, or is that not even possible because the information is lost?

M1 Money Stock graph by trident765 in investing

[–]trident765[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” --Milton Friedman

Idiots think AMZN has peaked. Now is the time to buy more by trident765 in investing

[–]fschmidt 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Most of Amazon's profit comes from Amazon Web Services (AWS) - their cloud crap for modern programmer scum. That is why Bezos stepped down and turned the company over to the head of AWS. Amazon no longer cares about retail, and it shows. Retail is competitive and Amazon will eventually lose there. So Amazon's future depends on AWS. For an investor to judge this, they must be in tune with modern programmer scum, which I am not.

Idiots think AMZN has peaked. Now is the time to buy more by trident765 in investing

[–]trident765[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

As of right now AMZN is $3550. Their PE ratio is 67, which is lower than it was a few months ago (80s) even though the price of stock has increased. Amazon has lots of potential to increase profits by cutting costs, raising prices, spying on people, and lobbying for legislation that will suffocate competition from small businesses (e.g. minimum wage increases). Amazon is transitioning from being a good company to an evil company like Google. Their current profits are peanuts compared to what they will be making 10 years from now.

Superb Prefab Homes that You Can Buy on Amazon by [deleted] in investing

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Has anyone ever bought one of these? I look at them a couple of months ago but didn't see any buyer feedback.

5 Shipping Container Homes for Under $150,000 by [deleted] in investing

[–]hennaojisan 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

That's pretty pricy for a conex container.

5 Shipping Container Homes for Under $150,000 by [deleted] in investing

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Start your own sub and you can spam this crap 24/7. Or post in s/ads

Prefabricated Homes for under $10,000 by [deleted] in investing

[–]x0x7 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I like it. A house brought to you by unpainted huffhinds. Discount furniture got scaled up.