The StoNks thread

[Pulgasari]

Never enter into a business relationship where the counterparty assumes less risk than you do.

Never buy a house? Never rent a chuck e cheese party?

Idiot

[Patriam1066]

Index funds are killing it

Do not try to ball out or date women with lip filler. Worship God and be responsible. That’s how dad did it. That’s how America does it

[Gatordash]

I can't wait for the next lab made virus that stops the world's economy so we all become billionaires. Covid has made us all exponentially richer. Thank you Wuhan, Biden, and the Fed. Keep printing money and dropping mortgage rates, there is no way this can possibly go wrong.

15228

[Gatordash]

Rollercoaster week for Darkpulse (DPLS). Come get in on a company with zero revenue but positioned for potentially maybe signing a contract with the government and might bring in some money in the future maybe... The penny stock life is exhilarating!

240% increase in 3 weeks (https://finance.yahoo.com/quote/DPLS?p=DPLS). I love penny stocks!

Edit: I have no idea why it is up so much today and I'm kinda expecting a pump and dump.

[Pulgasari]

I can't wait for the next lab made virus that stops the world's economy so we all become billionaires. Covid has made us all exponentially richer. Thank you Wuhan, Biden, and the Fed. Keep printing money and dropping mortgage rates, there is no way this can possibly go wrong.

https://www.project1999.com/forums/attachment.php?attachmentid=15228&thumb=1&d=1625583042

Where does the money come from when the bank gives u a loan?

Like you borrow 50k, and owe them 80k. Where did the extra 30k happen?

[Gatordash]

Where does the money come from when the bank gives u a loan?

Like you borrow 50k, and owe them 80k. Where did the extra 30k happen?

Money can only be printed when the US govt issues debt. So Congress passing trillions of dollars over the last year means we can print a ton of money out of thin air. It has slowed down recently but if they can pass the 'infrastructure' bill then we can print more money. So that, combined with everyone now owning a million dollar house, I assume is the reason our "wealth" has shot up so much even though the economy has been shut down.

[Mblake1981]

I assume is the reason our "wealth" has shot up so much even though the economy has been shut down.

I smile at the gas pump knowing our wealth has increased.

[Gustoo]

Deleting post because this thread has been pretty decently not a Rants and Flames thread and I don't want to take it off topic.

[Pulgasari]

Money can only be printed when the US govt issues debt. So Congress passing trillions of dollars over the last year means we can print a ton of money out of thin air. It has slowed down recently but if they can pass the 'infrastructure' bill then we can print more money. So that, combined with everyone now owning a million dollar house, I assume is the reason our "wealth" has shot up so much even though the economy has been shut down.

Right, you only call it printed when the government does it.

[Patriam1066]

Any cash soothsayers have a predilection about when I should re-up Dow Chemical? I been watching this dip BIGLY

[Jibartik]

rubber futures? or is there no future at all :o

p_9XvHBb3nw

[Gatordash]

Anyone have thoughts on these Q2 numbers? Companies are obviously going to tout the year-over-year earnings (since everything was shut down this time last year so no one had any earnings). But I've been hearing revenue is down about 40% which is a big hit imo to these already overly-extended stocks.

[Gatordash]

QQQ is an unstoppable beast. I regret reducing my position last month.

[Patriam1066]

DOW, GSK, LYB on the dip. As in let them dip further

[Castle2.0]

Crypto > Stocks. This is your daily dose of unwarranted investment advice... later.

[bubur]

bitcoin (and of course every other crypto following king shitcoin) completely tracked the S&P500 chart today

obviously the more risky, volatile crypto put in higher highs and lower lows, but it's pretty funny that the crypto market is completely attached. i guess that's what happens when you get institutional investors?

but yeah, S&P500 doesn't have a real good reason to recover yet. it might have good days, but there isn't any true reason for it to reverse. all of the risk and uncertainty that lead up to the last several dumpy days is still there, even though it was a good 1 day.

tldr beware crypto positions in the next few weeks

[Jibartik]

I imagine when the 2nd American Civil War stars that the dollar to BC ratio is going to explode (in favor of BC)

Just make sure your BC is on a thumb drive.

[imperiouskitten]

Crypto > Stocks. This is your daily dose of unwarranted investment advice... later.
...redacted...but that black image u see in the reverse peep hole is my strap muhfuggaa...

btw i do know of one young p99er who made it to millionaire doing exactly this some years ago :) sadly, this doesn't seem to have cured all his hearts ills (he needs a lady friend).

my household is way much warmer, especially now that i am magic bullet cured of my last injury-era health drag :)

Paradise achieved! Thanks crypto!

https://i.imgur.com/AFWidyZ.png

[Gatordash]

I'm jealous I did not think of this first. (https://www.npr.org/2021/09/21/1039313011/tiktokers-are-trading-stocks-by-watching-what-members-of-congress-do)

"Shouts out to Nancy Pelosi, the stock market's biggest whale,"
said user 'ceowatchlist.' Another said, "I've come to the conclusion that Nancy Pelosi is a psychic," she is the "queen of investing."



Kedric might be the last one to know.

A surge of interest following congressional financial disclosures came near the beginning of the COVID-19 pandemic, when a flurry of reports indicated that lawmakers sold their stocks right before the financial crash.

"If the situation is that the public has lost so much trust in government that they think ... the stock trades of members are based on corruption, and that [following that] corruption could benefit [them]. ... We have a significant problem," said Kedric Payne, senior director of ethics at the Campaign Legal Center.