School me on investing...

you are a brave man. I lost my ass years ago playing with that stuff.

 

What you mean....back in?

I am not using Bird and Motion investment service, I'm a subscriber to get fu..ed by PAPA investment service. My baba investment is a bit upside down at this point. My amaz sucks too, but Tyler told me after I bought....dad that isn't a good move right now. Well he was right.....LOLOL.

I tried talking my wife into moving a chunk of our 401k out of the S&P500.. Unfortunately at this point I am right. Although she was right for awhile.

 

Basically, American printing presses aren’t as fast as everyone else’s. And I’ve yet to have a private street vendor on any continent turn down US currency. In fact, I’d wager good money that South American cartels would rather barter in gold, silver, or durable goods before they start accepting any other nation’s currency in large sums.

When was the last time you saw piles of Euros, pesos or roubles in a press photos after a major international drug bust? That’s what China’s belts and roads initiative planners will never comprehend - their money will never be accepted as a global reserve currency until Akbar and Sukdeep in Afghanistan are willing to trade poppy plant byproducts for renminbi.

 

You guys should check out the presentation Peter zeihan gave to the ECC conference yesterday. It’s on the tubes.

 

I had sold it for a small profit a few weeks back. I figured it was going to come back down a good bit before bring up again. I pulled the trigger too early at 86. Looking for mid-seventies for second batch.

 

I need to just stack my small pile with you and you just let you do all the buying and selling. I will look at it once in awhile and hopefully be smiling.

 

Oh, you do not want that. I've had some spectacular losses.

 

The goal is to make sure the last check you ever write bounces.

 

https://seekingalpha.com/news/38858...gn=wsb 9_26_22&utm_term=wall_street_breakfast

 

Nice surprise- one of my buy orders went just now at a 52 week low *and* the day before the ex-div date

 

Nice!

 

but is that the low low, lol

 

Just like with the ladies...the bottom can always expand

 

New 52 week lows! Yay! Best recovery in history, Jack!

 

C'mon man! Truananashabadaprezsure!

 

Let's Go Brandon...

 

So… Swiss banks these days… a lot of chatter on Credit Suisse…

 

And Deutsche Bank.

Bear Stearns CEO was spouting the same crap about 'strong capital base and liquidity' almost verbatim right up to the end.

Just read that the chairman of CS is named Lehmann. You can't make this shit up.