School me on investing...

No, but it looks like I should. Holy hell.

 

You sure are looking sweet on that Alibaba. I’m bummed, I’m still such a pussy, from getting killed in the early 2000’s. I’ve only bought mutual funds since.

 

so what do you say? I didn’t read anything but the chart tanked and there was something saying short to mid term it is a buy?

I need to make up for all Ive lost putting the building funds into the S&P 500 and not pulling it out a couple months ago, because mama thought we should leave it invested.

 

Not buying BABA was not being a pussy at all. China can't be trusted.

 

I don't know anything about them. But as of yesterday, there were apparently people picking stocks were living who thought it was going to be worth $16 in a year. Let's say you cut that down to three dollars, where it actually was yesterday. That would still be a pretty attractive return.

 

Wo i just searched and found out what you probably already knew. Their Covid-19 drug failed. Wow, that's worse than Crypto.

 

is it really though?

 

I feel like Bob Fkn Marley up in here...

So much things to say right now, I got soooo much things to saaaaay...

 

Yeah, I know, but maybe their other stuff is worth three dollars a share?

 

"Celsius Network, one of the world’s largest cryptocurrency lenders, has filed for bankruptcy protection, a month after freezing customer assets in the wake of a sharp turbulence in the crypto market that has toppled business models of several firms."

https://techcrunch.com/2022/07/13/celsius-one-of-cryptos-biggest-lenders-files-for-bankruptcy/

 

Crypto...it's the future...

 

^.....The future demise of someone's investment.

 

Euro below a dollar gents. Time to buy retirement homes and bespoke bike parts from Europe! I wonder if it'll get down to around $.90 or not, or what the bottom is. Sure does beat $1.13 from like a year ago...

CAD touched $1.32 this morning
YEN touched 140

Good time to earn a US salary and buy goodies from abroad.

 

Hmmmmmm.............might be a good time to do a Euro trip with the wife on short notice.

 

Btc is going to take a another dive soon because of the release of about 135k-150k coins from Mt Gox, the first crypto exchange that went belly up. I have a calculated guess thats going to be the bottom before regulation, unless another exchange goes under but I doubt any other large amount of coin would be released from trust before regulation happens if someone does shit the bed.

 

So, is that the drop that's going to make you a millionaire?

 

If I had the slightest idea wtf I was doing, I'd buy high 3 digit through very low 5 digit bottles of Scottish, Irish, etc whiskeys. Imported from the auld sod.

@motion and @BigBird should start a hedge fund with that as the focus.

 

Thousandaire maybe. I don’t expect bitcoin to shoot the moon or anything, just become more of a stable store of value over the coming years as the dollar eats shit sandwich. Yeah I know what I said…. and I still believe it’s possible…. A lot of stars would have to align with the way things are going. I do however expect about 100k plus in the next few years for the btc price.

and as I’ve also said, bitcoin is just a section of my investment portfolio. I just enjoy pumping it on here for the replies. It’s like self flagellation

 

Not for nothing, but i bought a bottle of 40yr. Highland Park for my 40th bday this year from the UK for less than half the price they sell it for in the states, and this was BEFORE any of this recent FX movement, even cheaper now I'd guess. Cost like $200 to ship it all super duper secure, and it came, and it was totally fine, and it was delicious.

 

On my way to Ireland tomorrow,need anything?