šŸ’± šŸ’¹ Fresh Finance Chat

Stocks are a whirlwind. One day the sky is falling, the next you’ve made twice what you thought you were losing. I’d just let what you have ride but I will say if you are looking to buy mine went waaayyy up today so maybe not the best time to buy in right this minute…

I check this stuff like 3 times a day. Don’t do that. :joy:

Couldn’t be farther away from professional advice, I understand as close to 0 on this as you possibly could

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When it really gets bad, and it will at some point, it wont matter

My old friend usdebtclock.org is all you need

Until then long SPY or VOO, I guess (does VOO pay you the dividend? Kinda doubt it)

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I looked at this today. VOO for regular investor might be the move. All the underlying holdings are the same etc

I just dont trust the Vanguards of the world ha

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SPY is managed by SSGA so it’s sort of a coin flip on which is more or less trustworthy.

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I guess for me is if you wanna mess with options around it SPY way better. More liquid tighter markets etc

Im jusg mad thag @HoozGotNext knows about VOO and I never did

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I need to put my rising college freshman into finance 101…he is headed to college and getting lots of gift cards as graduation presents. Today he got one from Uber Eats for $100. he said, ā€œI don’t have uber eats, so I will have to set up and account.ā€. I said I’ll give you 100 cash and you can give me the card, trying to help him out. He said ā€œno way, Uber eats is expensive, I’ll need this cardā€. Dad smacks hand to face.

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Might need more than Finance 101 for that

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I’m surprised he didn’t respond: what’s cash?

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Lesson here, Junior. Always always take the cash

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What about the guy who took $50K for Qdos?

How did that work out for him?

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And follow congress members stock purchases!

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Follow Nancy, She’s better than any of those guys getting paid big bucks

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Ha. I dont know what Qdos is, proly some worthless coin or startup?

Take the 50k unless you worth 100million

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qdos = dos that bill gates bought for $50k. he then started licensing it to PC manufacturers and made a bit more than $50K.

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chasing star wars GIF

Hey guys @Spencer and his dad Tom (UVa soccer 94) wrote this guide for students on Financial Literacy. Very easy to read and follow and I know some people have said they would love their HS / college aged kids to have something like this. Carla even wrote the Forward!

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So I just listened to this episode, and the guy was talking about the way to attack AI by investing in boring investments like (industry, chemical, pharma, banks, law firms, energy, etc) that are likely to improve efficiency (potentially downstaffing) and be easier to peg winners… potentially some increased risk in SPY/VOO based on reliance on the huge spenders… any thoughts/companies/ETFs that come to mind as winners in this regard?

https://podcasts.apple.com/us/podcast/establish-the-run-fantasy-football/id1473055758?i=1000750069341

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So I just read that and I think Warren Buffet is secretly making a fantasy football podcast.

Disclaimer… I did not listen to said podcast… that has essentially always been his strategy for what stocks to buy even without the threat of AI.

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Haha, it typically is a fantasy podcast, but the host tends to be more gambling focused, brings on this guy to talk stock/investing each year in the NFL offseason

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SPY. Its all rigged

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