I didn't mean to hurt you. srytruth hurts.
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I didn't mean to hurt you. srytruth hurts.
Why GE? A dinosaur. They are basically a company tied to the airline industry but probably long term just a holding company for their long term pension fund.At $7 a share, I like to think of these as long term options that don't expire. They might break up, but I don't see bankruptcy., but it isn't like I have $20K to make that bet. Maybe in 10 years, I'll wonder if I shouldn't have just stuck with tulip bulbs.
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Nuclear power?Why GE? A dinosaur. They are basically a company tied to the airline industry but probably long term just a holding company for their long term pension fund.
Pretty sure Jesus addressed thisYou are a very stupid person. You are going to die poor. How does that make you feel?
Not a part of GE anymore. GE spun it off to a joint venture with Hitachi. It no longer contributes to GE financials. Jeff Immelt took GE from a world leader in industrial and commercial finance, energy, aerospace, medical, oil and gas and destroyed it by getting in bed with the Obama administration gutting these businesses to curry favor and get invited to parties. Huge strategic error. Once he found out green energy was a financial dead end he went on a buying spree and starting buying up competitors to show Wall Street he was doing something.....but Wall Street was already aware of who Cocktail Party Jeff was at this point. Then they started gutting the company for cash or to cut losses. For instance they owned the automation market before they were even in automation. It used to be when a guy walked into a meeting with the meatball on his card the guys from Siemens, Johnson Controls, Honeywell etc wouldn't even bother, they were done. Now, GE is swinging a missing with the best of them....hoping something comes their way.Nuclear power?
1 At $7 a share, I like to think of these as long term options that don't expireWhy GE? A dinosaur. They are basically a company tied to the airline industry but probably long term just a holding company for their long term pension fund.
Right now that way of investing is dead...unless you are retiring and you don't need growth anymore Even then GE is going to be too volatile...never good or bad enough to make it a good buy. If you are looking for just a safe place to stash your money with limited but safe growth mutual funds are the place to go. If you still plan on working for a decade or more you have to get in tech and put your "safe" money in traditional domestic manufacturing.1 At $7 a share, I like to think of these as long term options that don't expire
2 Healthcare side of things
3 Beaten up stock/contrary/cyclical angle/turn around story
4 Aviation should come back
6 Renewable energy side of things
And of course, a day after the buy, down she goes.
Increased demandoil may be down, but why would it go back up?
Yeah, it's almost like the $1T-$3T deficit party is eventually coming to an end, whether it's Trump/McConnell, Biden/Schumer, or some combo therein.Dow, NASDAQ, Gold, Silver, Oil, and Crypto are taking a big beat down right now. Blood in the streets. Going to be interesting to see how the markets react as the election nears.
Buy more.Dow, NASDAQ, Gold, Silver, Oil, and Crypto are taking a big beat down right now.
Blood in the streets. Going to be interesting to see how the markets react as the election nears.
No matter who takes office...the Fed is going to borrow and borrow big. The pieces are going to move on the board but one thing will remain. Buy tech. The pieces that move....investing in domestic manufacturers is a stupid move if its going to be a Biden admin...but you can probably do well with precious metals and foreign currency.Yeah, it's almost like the $1T-$3T deficit party is eventually coming to an end, whether it's Trump/McConnell, Biden/Schumer, or some combo therein.
Down hard, Doofenstein. $6.25 now. Big % dropAt $7 a share, I like to think of these as long term options that don't expire. They might break up, but I don't see bankruptcy., but it isn't like I have $20K to make that bet. Maybe in 10 years, I'll wonder if I shouldn't have just stuck with tulip bulbs.
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Brazilian Real has been looking tempting at 5.44 which is almost double what it was when I traveled there, although I'm sure there is a reason for that. Colombian Peso looks good too.if its going to be a Biden admin...but you can probably do well with precious metals and foreign currency.
I agree with you about the Fed, but we saw just the Fed and no major cash spigot in Obama's 2nd term, and while the gains were mostly good, they weren't the same as with Ryan and McConnell shoveling deficit spending on it by the Trillions.No matter who takes office...the Fed is going to borrow and borrow big. The pieces are going to move on the board but one thing will remain. Buy tech. The pieces that move....investing in domestic manufacturers is a stupid move if its going to be a Biden admin...but you can probably do well with precious metals and foreign currency.
Too early. I want to see blood in the streets and panic on social.Buy more.
separate reply in same post. oooh amazing.No matter who takes office...the Fed is going to borrow and borrow big. The pieces are going to move on the board but one thing will remain. Buy tech. The pieces that move....investing in domestic manufacturers is a stupid move if its going to be a Biden admin...but you can probably do well with precious metals and foreign currency.
not that hardBuy more.
even a kid could figure this outNo matter who takes office...the Fed is going to borrow and borrow big. The pieces are going to move on the board but one thing will remain. Buy tech. The pieces that move....investing in domestic manufacturers is a stupid move if its going to be a Biden admin...but you can probably do well with precious metals and foreign currency.
wow, amazing. how could it be so easy to reply to multiple posts in a single comment?! I never knew!Buy more.