How’s the stock market?

[vanrysss]

Thanks. I had a Schwab acct but was kinda overwhelmed because I dont know wtf Im doing. I didn't put any money in. Im gonna try again.

Put your money into an ETF, not individual stocks like the degenerates on here. VOO is a good standard.

 

[vanrysss]

Yep. It's not going so well.

Inside TSMC’s struggle to build a chip factory in the U.S. suburbs

Missed deadlines and tension among Taiwanese and American coworkers are plaguing the chip giant’s Phoenix expansion.

restofworld.org

I think this is headed where the Foxconn factory in Wisconsin went.

What's happening at the Foxconn site in Wisconsin five years after the company announced its plans

It's been 5 years since Foxconn was rumored to be coming to the state. Now the company has been here many things have changed during that time.

www.jsonline.com

I'm not knowledgeable on the space at all but isn't semiconductor manufacturing the most complex industrial process on the planet? I'm not that surprised they're running into hiccups.

 

[Chocki]

Put your money into an ETF, not individual stocks like the degenerates on here. VOO is a good standard.

Good vid on the difference bw the top Vanguard ETFs ( VTI, VOO, and VGT). Vanguard is dank.


Don’t Make This Common Mistake with Vanguard ETFs

 

[vanrysss]

Lol that guy's channel is a great example of why retail investors should stick to ETFs.

 

[Chocki]

Lol that guy's channel is a great example of why retail investors should stick to ETFs.

I really liked the one video I watched. He seems like a really smart dude but not smarter than he thinks he is along with being able to explain things wicked good while incorporating some dank memes. Into his presentation too.

 

[PRCD]

I'm not knowledgeable on the space at all but isn't semiconductor manufacturing the most complex industrial process on the planet? I'm not that surprised they're running into hiccups.

There was a buried lede. Scroll to the bottom.

 

[Mr Doof]

I'm not knowledgeable on the space at all but isn't semiconductor manufacturing the most complex industrial process on the planet? I'm not that surprised they're running into hiccups.

Other hiccups with the TSMC Phoenix plant would include workplace culture clashes, skilled labor pool availability, and geo-politics.

 

[Mr Doof]

Thanks. I had a Schwab acct but was kinda overwhelmed because I dont know wtf Im doing. I didn't put any money in. Im gonna try again.

Put your money into an ETF, not individual stocks like the degenerates on here. VOO is a good standard.

I mostly agree (and this is because 90% of my real money is in index funds/ETFs of the 401k) but this is why you may want some individual stocks:



By the way, I don't think buying pink sheet penny stocks is the ticket to eleventy hundred percent gains.

 

[sussle]

i'm about 60/40, index funds to equities....should be more in index funds at my age, but i've got some killer gains otherwise, so i've got no complaints.

 

[Chocki]

I mostly agree (and this is because 90% of my real money is in index funds/ETFs of the 401k) but this is why you may want some individual stocks:

View attachment 182421

By the way, I don't think buying pink sheet penny stocks is the ticket to eleventy hundred percent gains.

Meme stocks bro. Meme stocks. The danker the better.

 

[sussle]

when you wake up on Monday, NVDA will have had a 10-1 split. small-time NVDA holders like myself may consider picking up some more shares, once it drops from $1200 per share to $120 per share. interesting when you look at the history of NVDA splits:

History says Nvidia stock is headed for a sharp decline
Nvidia has completed five stock splits since its IPO in 1999. Following those events, shares typically declined (often substantially) during the next 12 months and 24 months, as shown in the chart.

Stock Split Date	Stock Split Type	Return (12 Months Later)	Return (24 Months Later)
July 20, 2021	4-for-1	(4%)	145%
Sept. 11, 2007	3-for-2	(70%)	(53%)
April 7, 2006	2-for-1	1%	(6%)
Sept. 12, 2001	2-for-1	(72%)	(49%)
June 27, 2000	2-for-1	28%	(52%)
Average		(23%)	(3%)

but the devil is in the details:

But there is a major asterisk by that statement: Four of the past five stocks splits occurred in close proximity to a recession. Specifically, the U.S. economy was in a recession from March 2001 through November 2001, and from December 2007 through June 2009. Those economic downturns precipitated bear markets that had devastating consequences for the stock market, so Nvidia was naturally dragged down.
Importantly, while shares initially declined, investors have still done exceptionally well if they purchased shares when any of the previous stock splits took place. The chart provides details.

Stock Split Date	Stock Split Type	Return (Since the Stock Split)
July 20, 2021	4-for-1	527%
Sept. 11, 2007	3-for-2	14,580%
April 7, 2006	2-for-1	24,840%
Sept. 12, 2001	2-for-1	40,100%
June 27, 2000	2-for-1	42,650%

i'm sure i'll end up buying some more....not sure about the timing.

 

[Chocki]

https://www.marketwatch.com/story/crowdstrike-kkr-and-godaddy-to-join-s-p-500-85d974f9

 

[Chocki]

I have no idea how to place some money in the stock market. How do I get started? Right now I got a rental property and a beefy High Yield Savings account.

How to open an account | Vanguard

Here's what you'll need to open a Vanguard account and begin your investing journey.

investor.vanguard.com

@PRCD

Dear CRWD Stock Fans, Mark Your Calendars for June 21

Cybersecurity stocks like CRWD stock are hot. But valuations are being stretched, especially for market leaders like Crowdstrike.

investorplace.com

 

[sussle]

bitchin' day unfolding thus far.....positive inflation data raises hopes of an imminent rate cut

 

[casa_mugrienta]

bitchin' day unfolding thus far.....positive inflation data raises hopes of an imminent rate cut

Making money in the stock market is easy.

What do you think would happen to inflation after that rate cut?

 

[afoaf]

don't markets always dip ahead of elections?

 

[hammies]

don't markets always dip ahead of elections?

IDK about that, but I suspect that since the economy has been on such a roll for the last 3 years we are due for a mild cyclical recession in '25 or maybe '26. So the market might start to price that in beginning a bit later in this year. Unless the market really tanks it won't impact the election much, IMO.

 

[vanrysss]

I want to replace my 10 year old subie with a newer model truck so I can haul fishing kayak/mtb. Holy hell, wtf is up with car pricing these days? Who is paying 19k for a truck from 2010 with 100k miles on it? And who is paying 70k for a new one?

mental

 

[sussle]

I want to replace my 10 year old subie with a newer model truck so I can haul fishing kayak/mtb. Holy hell, wtf is up with car pricing these days? Who is paying 19k for a truck from 2010 with 100k miles on it? And who is paying 70k for a new one?

mental

i sympathize....i'm pricing Tacomas atm.....$40k for a '22 with 50k miles is starting to look pretty good.

 

[casa_mugrienta]

I want to replace my 10 year old subie with a newer model truck so I can haul fishing kayak/mtb. Holy hell, wtf is up with car pricing these days? Who is paying 19k for a truck from 2010 with 100k miles on it? And who is paying 70k for a new one?

mental

Lolz.

Bro.

Sorry you're poor.

Economy is booming.

Nobody is struggling.

Life is good for my family, for all the families around me, for pretty much everyone I know.