I just remembered again that I watched Kodak go from $13.55 to $60.00 in 4 hours and kept telling himself to press the button but didn't. I'm going to hate myself forever now. I didn't need to see that.
I have to go back to waging next week. Can't day trade anymore I'm always at work when the markets are open. Something like Kodak happens in a matter of 1-3 hours and I can't sit and watch anymore. That was my last shot, I was given it, and I didn't take it.
I just remembered seeing Kodak at 7 dollars and waking up the next day to it being at 60 and double checking it wasn’t some biotech that had a similar name
Jordan Wright
I think I'm a stock broker because everyday I leave broke.
Jackson Allen
Wow that sucks you could of made 4K per call option if you would of bought them the day before
Joseph Mitchell
it's a thing that makes you broke :^)
Nicholas Reed
That's correct, KODK was the last time the market is ever going to offer sick gains to anybody. That was literally it, show's over folks.
William Campbell
But onii-chan, how do you plan on getting rich by the time you're 30?
Oliver Wilson
I thought gnus was the last time and i was wrong
Lincoln Baker
I'm 30 and not rich :( how do I turn my 95k I saved over 5 years into a yacht. Tell me mr trips
Juan Perez
Nope, it was KODK, and this guy not buying in and exiting after it 4x'd was literally the last time the market is going to offer an opportunity like that to anybody.
Jackson Morgan
You can't read. I don't know why you're getting this mad about your own ability to read. Nowhere in my post did I say it's never happening again. But I cannot day trade anymore. Can you comprehend the difference?
Julian Gutierrez
Wait until trump announce it is offering 1 billion dollars to some random Americans company to boost Americans jobs and you will have another
John Richardson
You can buy into silver/gold trusts. Sprott's are probably the best, you can redeem for physical, supposedly. There are ETFs that handle commodities as well, you can get into agricultural commodities without trading futures, but you get a degree of resistance to inflation you wouldn't necessarily have with an equity, have the tomato and eat it, too. It's hard to anticipate how rapidly increasing inflationary pressure would effect equities across the market.
High debt high cashflow companies would be at an advantage, hypothetically. Debt can be seen as a short on the dollar, especially when talking about EMs. Because a given company can somewhat rapidly adapt prices, so long as they're generating high velocity cashflow, they should be better able to deal with inflation. Anybody that markets product at spot price on shorter term contracts would be well suited. Long term fixed rate contractual products are going to get fingerblasted, think long term construction contracts like wind farms or utilities. They go in when the dollar is 100, and finish out when it's at 95 and lose a big portion of their margin in doing so.
Nobody knows.
Hunter Fisher
Imagine not profiting from this almighty rally, stay poor
Jackson Morgan
why do you need a yacht?
Lincoln Martin
Simple, you buy PMs, short tech while IV and premiums are low, wait for crash in the coming months, and when it as all over, you covert your shorts to long positions on oversold companies and real estate. There you go 3000-5000% gains right there. Also you might want to get you KimP folder going.
Asher Wood
He doesn’t, that’s why he isn’t a millionaire by 30.
Isaac Reyes
Hope you bought HBP >Centennial old fully american company, like Kodak >supplied massive amounts of building materials to resellers and home builders >going to smash earnings on monday, and trigger a bunch of news >$10 price target
Jace Hughes
Remember to control your accidents this weekend /smg/.
>home builders consider suicide fren, the Great Depression just killed it. I know of quite a few business owners and accountants that joined my work after work disappears due to corona. The only thing keeping home building up is cheap debt.
