The boomer dream is back! Now we just need housing prices to drop back down to ~$50k
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How’s the stock market?
- Thread starter lagunaboy
- Start date
1B meta users?? With a $299 barrier to entry?
ok zuck.
Took FB six years to get 1B users and it was free and had free instant messenger (third world countries ate that up).
The most popular PlayStation only sold 133m, no way Meta selling 1b googles.
The only way they scale is if you can earn income in the MetaVerse, like every day people can go In and make an hourly wage.
ok zuck.
Took FB six years to get 1B users and it was free and had free instant messenger (third world countries ate that up).
The most popular PlayStation only sold 133m, no way Meta selling 1b googles.
The only way they scale is if you can earn income in the MetaVerse, like every day people can go In and make an hourly wage.
They mention resistance enough times I’m thinking they have to be right?
Don't trust the stock-market bounce until S&P 500 is back above 3,800: analysts
The S&P 500 needs to get back above the 3,800 level to convince chart watchers the bounce has legs.
www.marketwatch.com
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Mid-year check of the 401k and hey, what do you know, year to date am down less than the S&P 500 (which is down around 20% for year to date).
Hopefully the last 6 months of auto-buy ins every two weeks pays off when I need to start taking $ from this in 5-10 yrs.
Hopefully the last 6 months of auto-buy ins every two weeks pays off when I need to start taking $ from this in 5-10 yrs.
That graph is misleading, since the total stoke market value back in the '70s was only about a trillion. Heck, M1 didnt even crack a trillion until 1990.
I don't know what his strategy is.
That is my strategy, that' why I went all cashin my 401k back at the start of the year.
erBBers told me that was a bad idea.
I think you misunderstood the general message. You telling us we should all do something, and us saying we will not follow suit and will stick to the proven strategy of holding through tough times and DCAing, is not us saying that it’s a bad idea.I don't know what his strategy is.
That is my strategy, that' why I went all cashin my 401k back at the start of the year.
erBBers told me that was a bad idea.
Trying to time the market is not recommended because oftentimes people sideline their money during times of growth. Which is not to say that it can’t work.
What if the target market is "useless" people?
There would be various niche experience offerings on META for these people. For example, Wokies could use voucher credits to experience - I'm making this up - being George Floyd. Others would pay to play an immersive Grand Theft Auto or WoW. And don't forget virtual SEX - liaisons with total strangers, but virtually using a Hapta suit. We're almost there already, the transition should be seamless,
Imagine a combination of "READY PLAYER ONE" and "IDIOCRACY."
Restaurants in LA are suffering big time WRT shortage of willing employees. Yes, they need cooks, more than front of house people.
There is also some "corporate restructuring" going on with larger places. Assistant managers, wine directors, and sommeliers are being let go. I know three who this happened to in the last week. Some of that could be summer slow-down. I dunno.
Our other LA sales rep is also getting an "ominous" vibe from her restaurants right now.
Those are "Tuk Tuks" not rickshaws.
IMO I don't think there is any way around the cost of labor issue with restaurants, especially in high cost of living areas. There is only so much labor you can price into a plate of food before people stop eating out, except for the occasional nice meal out or special occasion. Unless you only serve business travelers and other high dollar clientele who don't care.
Aside from your "white tablecloth" restaurants, I could see most traditional table service restaurants going the way of QR codes with mobile ordering and food runners who bring everything to your table. We are already seeing this starting to happen. Which is fine, however I see more places stuck in the awkward middle where you have to stand in line to order and if you want another beer or a salt shaker (don't get me started on salt being removed from tables), you have to stand back in line again. If you are going to make that switch, go all the way.
Don't get me started on the QR code menus. I hate this so much. I suppose most people are happy to sit down at a restaurant and continue looking at their phones, which mostly they have been doing all day anyway. It's not what I want to do when I go out to eat. I don't mind having to ask for salt, but I also rarely need to add salt.
Also, I hate that servers are carrying mobile phones/iPads to take orders. IMHO making people look at screens in hospitality is a bad idea.
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My strategy is to not repeat past missteps through better diversification and always having some cash reserves to enable to buy back in.
