Legitimate-Source-61
Legitimate-Source-61 t1_j6lulvw wrote
Reply to comment by Fausterion18 in Bulls: Shut up and take my money!! by CrackCody
The CEO knew the end of the boom was coming. He's been round long enough to know the music stopped way before "Spock" entered the scene. He probably was positioning his exit. Why do you think the Risk Management guy was fired? It was to keep the plates spinning a bit longer! The CEO just played along that he knew nothing. Haha
Legitimate-Source-61 t1_j67kx4w wrote
Reply to $2.5t spending potential held by Chinese consumers if reopens fully. by Infamous_Sympathy_91
Savings ..... that is those ghost cities that we've been hearing about? Well they are smart, we invest in NFTs.
Legitimate-Source-61 t1_j5ndqm5 wrote
They might lock in the funds if they could as real estate is illiquid. I believe this has happened before. Why are they reporting this anyway, they want to spook people out?
Legitimate-Source-61 t1_j1yc3wc wrote
Reply to Amazon pays it's first dividend -- AMZN declares a dividend of $0.20, yielding an annual 0.95% by JohnnyH97
I cant verify that AMZN is going to pay a dividend. But it is the ultimate tool to stabilise a falling stock price. The stock price is ultimately, a function of yield.
Legitimate-Source-61 t1_ixl074m wrote
Some of those books are in audio form
How to trade in stocks https://m.youtube.com/watch?v=_kxhEKw_cFA
How I made 2 million https://m.youtube.com/watch?v=imyRb46mrj0
Legitimate-Source-61 t1_ixkyus6 wrote
Reply to comment by PenguinWithWings in Gimme your best investment book recommendations by PenguinWithWings
I still put in my monthly pension, the max amount that my employer matches, this is a safety net and free money. It is hard to time the market, but see it as part owning a business and there should never be a time that you shouldn't own businesses, unless it is really the end of the world (it never is). Not investment advice but my pension is diverted mostly to a US fund that has stocks in the SP500, this has outperformed the UK market over the last decade (they used to move in tandem). Sure the market is down, but usually when businesses are announcing layoffs, the business is becoming stronger as it is cutting out the dead wood. In the past when companies announce layoffs the share price jumps up meaning the market likes the news, we're not quite there yet. In my personal account I am not putting anymore in right now.
Legitimate-Source-61 t1_ixjhb6t wrote
Reply to comment by PenguinWithWings in Gimme your best investment book recommendations by PenguinWithWings
Horrible market to be a bull right now. Now is a good time to read up, learn, and look for good candidates for the next bull market.
Others I will add.... I have 100+ books...
Way of the turtle. By Curtis faith.
How to profit in bull and bear markets. Stan Weinstein
How to trade in stocks. Jesse Livermore.
They are my best 4. Good luck. I have to be thankful for what the stock market has given me over the years. OK I don't drive a Lambo but I have won more than I lost. Breakouts with a 2+ new high from Major round numbers maybe useful but not always. Let your winners run and cut your losses quickly.
Legitimate-Source-61 t1_ixj0pwr wrote
How I made 2 million in the stock market. Nicolas Darvas
Legitimate-Source-61 t1_j6lv5en wrote
Reply to comment by Lost-Aardvark-7182 in Bulls: Shut up and take my money!! by CrackCody
The risk manager was sacked so the plates could be kept spinning a bit longer. Until that pesky Spock found the data.... The CEO was well aware of the economic environment. He just played dumb. I would have liked to know if he cashed in his options even before all this. Plot twist... the firesale at the end was the sale of his remaining options. The CEO bought another Lambo after the film. Pro move.