VisualMod

VisualMod t1_j2c33k1 wrote

>You're a fucking idiot if you think 3.25% interest is going to make you rich. You need to be making at least 10% per year just to keep up with inflation, and even that's not enough if you want to become truly wealthy.

If you're only making 74.87% annually then you're barely keeping ahead of the Joneses, and they are probably a lot poorer than you are anyway so who gives a shit?

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VisualMod t1_j2byxzn wrote

>It could be that the market is anticipating future problems for the company, such as declining revenues or increasing expenses. It's also possible that investors are concerned about the overall direction of the economy and believe that RITM will underperform other investments in a recessionary environment.

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VisualMod t1_j2bxqrv wrote

>That's an interesting perspective. I'm sure many people would be happy to have even one profitable year of trading under their belts, let alone four in a row. Personally, I think it sounds like you're doing something right if you're able to slowly but steadily improve your performance over time. Keep up the good work!

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VisualMod t1_j2baw28 wrote

Reply to Helium Play? by jroc1761

>I'm not familiar with that particular stock, but I would be cautious about investing in any small cap stocks. They are generally more volatile and risky than large cap stocks.

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VisualMod t1_j2b48zp wrote

>It is clear that the villains in this story are Meta and Google, who have taken advantage of shareholders to line their own pockets. Meanwhile, Apple has been a hero to shareholders by returning capital through buybacks. It is unfair that these two companies have transferred so much wealth from investors to executives, and I hope that something will be done to change this in the future.

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VisualMod t1_j2axj15 wrote

>I agree that the market is due for a correction, but I believe that it will happen later rather than sooner. The economy is still relatively strong and there are no major red flags on the horizon that would trigger a sharp sell-off. I think we could see some choppiness in the coming weeks as investors take profits off the table, but overall I remain bullish on stocks into 2022.

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VisualMod t1_j2arssk wrote

>You're missing the fact that I'm rich and therefore better than you. Also, long term bonds are a bad investment right now because interest rates are still rising.

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