the market: stocks, bonds, options, whatever

[ledbyher]

much like Commander Trump

you could be onto something

i literally can't remember saying that,
i could be q..

 

[thujone]

Q?

 

[ledbyher]

 

[Keif' Richards]

I know this is a thread about the stock market. I don´t want anyone to judge me because I´m not solvent enough to trade on the stock market. I currently have a lot of my money tied up in the ¨Clock Market¨ as it were. It´s the practice of finding clocks in dumpsters, refurbishing them and then reselling them for profit. Every time I think I´m getting ahead, a wheel goes out on my shopping cart or I need to pick up the medication I take for my extreme case or Rickett´s but you all know how the markets can be. Sometimes you´re pushing your cart uphill, others, your pushing a load of grandfather clocks downhill.

 

[thujone]

my favorite part about living in an apartment building is finding great shit at the dumpsters but i got competition in the building and almost got down to blows with someone over a cedar coffee table

 

[notsmokeymcpot42088]

Here is a question that is bland perhaps --- How do you guys feel about that app that is designed to "automatically" do what certain people do on the market (mimic every move) -- Nansi pelosi was the cited example but I would bet 5 bluelight shares you can set it to mimic other celebrities...

Could this lead to a few people controlling what happens even more than is already so?

Is this some how intellectual property that is being infringed on by said type of app?

"auto pilot" is the name -- youtube add popped up again lol --- raised some questions though

 

[thujone]

 

[Electrum1]

Probably going to sell CCJ

 

[thujone]

Amazon laying off scores of people

 

[thujone]

silver miners rallying

 

[Electrum1]

Wonder if Shkreli and that woman from OpenAI actually turn QCLS into something that isn't the massive dilution machine that it's been

 

[Electrum1]

And it just spiked $1 right after I posted

 

[notsmokeymcpot42088]

Thats cuz my phone is set to do whatever you do and im very rich (Just playin on both accounts)

And it just spiked $1 right after I posted

 

[thujone]

Wonder if Shkreli and that woman from OpenAI actually turn QCLS into something that isn't the massive dilution machine that it's been

companies like this are too dodgy to gamble on

 

[Bleaney]

Here is a question that is bland perhaps --- How do you guys feel about that app that is designed to "automatically" do what certain people do on the market (mimic every move) -- Nansi pelosi was the cited example but I would bet 5 bluelight shares you can set it to mimic other celebrities...

Could this lead to a few people controlling what happens even more than is already so?

Is this some how intellectual property that is being infringed on by said type of app?

"auto pilot" is the name -- youtube add popped up again lol --- raised some questions though

I wouldn't like that. But if I had to, I'd set it to copy Warren Buffet's moves.

These trades are publicly available and visible anyway, and widely discussed by 'investment gurus' on youtube. It seems with Buffet though, that quite often he doesn't follow his own advice, of not trying to time the market, and advocating time in the market, not timing the market. So it's a case of 'do what I say, not as I do', with him.

Over the last year or so he's been selling off billions of his investments and holding cash. Most people are speculating that he's anticipating a crash, and has heavily sold off in preparation. But then he goes and buys heavily into Google, right at what seemed to be the peak, potentially just before the crash. He must be looking long term with that one. That is one move that I would not like to have automatically followed.

Although if I'd followed his other moves over the last 30 years or so, I'd be wealthy now. Even though I don't earn high or even average wages. I am generally good at managing money though, and generally make good financial decisions. Although like everyone I've made some big mistakes, but those have been 'learning opportunities' for sure.

 

[Keif' Richards]

Goddamn, you guys seem to have your shit together. As someone who has struggled with ADHD-symptoms since early childhood, I can say that starting a savings has eluded me my entire life. Granted, I was teaching for a lot of that time. I didn´t really care about what was going to happen tomorrow because it wasn´t tomorrow yet. Man, it´s crazy to look back on life where every day was ¨good¨ if I had enough Heroin and made it to school on time. Nothing else in the world could touch me.

Once I started the recovery lifestyle, it took me probfably 3 years or ups and downs before I was paying rent normally, paying my bills and shit etc. I really had to work very hard mentally, to get there. I had to teach myself discipiline, though I suppose I had help from people in the 12-steps. Those are the same people that keep me sane despite the extremely bleak outlook I have on my life and the life of everyone around me in a simiilar situtation.

I had just gotten to a point in my life where I was conidering things like fixing my credit, possibly getting a car. That was only after years of slogging. I watched my peers figure this shit out like it was nothing. I had to fucking fight tooth and nail just to get myself the responsiblity of paying rent on time. Then I made a stupid decision of investing everything I had worked for, both finances and emotions, discipline into that relationship. I never thought about the consequences, as I had gotten so much smarter over the years, I guess I felt like I knew what I was doing.

I´m sure I´m stealing the topic here. I get a kick out of listening to you guys knowing it is so far from what my life will probably ever be. The world is just getting crazier and it feels every day like I´m waiting for the civil war to start. I know that there won´t be room for people like me in the world that is coming. That doesn´t mean I stop trying, as it´s just a faster demise to go back to drugs and the streets. At least if I keep walking foward, there is hope. Maybe one day, when the world has gone all ¨mad max¨ we can get together to discuss the ¨potable water market¨ or the ¨human chattel¨ market. Goddamn, that was a joke and now I´ve ruined my own morning with my own dark thoughts.

 

[notsmokeymcpot42088]

I wouldn't like that. But if I had to, I'd set it to copy Warren Buffet's moves.

That was the first person I thought of too --- as would many ppl I presume, which begs the question "is this going to put more sway into the hands of the very few big players?" (and as you mentioned IP concerns)

I think the most common move is to set it up to like nansi pelosi and mike johnson - as they are 'opposed politically' so when they both agree on something - automatically buy! Or sell depending lol
(Idk who the right wing guy is or that nansi is great with stocks but she was the example on the left)

^Passive money is the way to go!! Its like the cheatcode to defeat work.... I definitely made more off sittin on my ass collecting money from gold than I would have if I opened an LLC and worked my arse off selling swords all year on amazon.
(Eat that american work ethic! Lol nah im part of the problem on a very small scale)

Now I just need a plan for this year... as I spent that money to stay alive and am back to the same amount basically

 

[Bleaney]

Goddamn, you guys seem to have your shit together. As someone who has struggled with ADHD-symptoms since early childhood, I can say that starting a savings has eluded me my entire life.

It might seem like that, but it's only in a few limited and specific aspects of life. One of them being personal finance. It's an important one though, so I am lucky that my particular combination of AuDHD has helped rather than hinder me in this regard.

But I'm far from together in many other aspects of life. For instance, when it comes to things like emotional regulation, and trying to limit the damage that struggling with this does to my social standing, I am still absolutely floundering. This is possibly verging on, or already fully become, some kind of mental health issue, although IIRC I've never seen a mental health issue being named "emotional dysregultion", but it's definitely a prominent symptom of neurodivergent conditions, for many of us.

I think I'm working in a social environment that is completely unsuitable for me, and I think this is causing most of my issues with my emotional regulation.. But I need the job, and I have to take whatever jobs I can manage to get, as getting jobs can be very difficult for me, and I don't feel that we're at the stage when you can declare various neurodivergencies and ask for accommodations at work. In UK employment law, and in theory, we should be, but I don't believe that in practice we're anywhere near. Although it does vary from place to place, depending on the work culture.

Anecdotes about people securing job offers over here, and then deciding to declare their Autism at that point, have seen the job offers mysteriously revoked immediately afterwards. It is contrary to the disabilities act to discriminate on such grounds, but of course the employer would just come up with some other b/s reasons if you tried to take them to court. This has happened 3 times, to one person I followed on youtube for a time.

There's many other struggles I face too, most of them are due to my AuDHD. I mostly see my Autism as a curse, particularly with how I am perceived socially, but it's probably helped me out with finances, due to me becoming obsessed and focused enough to find personal finance youtbers who's content helped me get over the potentially difficult hurdle of learning about investing, due to all the jargon and potentially dry and boring nature of the subject matter etc, if you don't find people who can make the subject interesting and accessible.

Autistic people tend to have specific subjects that they become very interested in. Some of them may be beneficial, some not so much. Because taking drugs and learning about them is another of my "special interests" and I'm kind of walking a tightrope regarding that, as to whether my combination of prescription meds and self medicating is going to help me, and continue doing so, or whether it's going to fuck me up pretty severely at some point, if I'm not careful.

 

[Electrum1]

Just bought ZSL at 1.67 because I'm dumb and trying to time a top again instead of just waiting for it to happen

 

[ions]

I thought silver going to $50/oz was doable. then it hit $100 soon after. $1000/oz is not out of the realm of possibility.