/biz/ - Business & Finance

>>20836514
>>20836518
I just said TQQQ cause that's the leveraged ticker you guys are most familiar with. You guys are fucking retarded. Look at the RSI for GE vs SPY for a running 200 day average and tell me buying a <30 RSI 2-day dip and selling once it reaches 65+ is a bad play. Nevermind you guys don't do any of that thinking here.

>>20836558
Playing all 3 days is doable, for me personally it's too much work to close and reopen every 2 days (which also means doing more research..)

>>20836578
You're right. I just have some LEAPs on Intel, it's not like I went all in on it. I'm sure there are better, quicker returns out there. I'm just saying I can definitely see more risk averse folks buying Intel. It's a big tech, it's down. America won't let it fail, so they're betting on its rise from the ashes.

>>20479307
Notice how the bar starts increasing at a faster rate after it reaches 250k? That's because starting capital is very important depending on your end goal.. If you're really going to only contribute $1,200 anually at age 35, what are you even doing? Will you be playing games and going to part time jobs the entire game, or will you also be developing your own career or moving up in the workplace? I'm sure as time goes on you'll be able to contribute more and more anually, helping you reach the goal faster.

And 20% a year isn't even that great, as you acquire more capital you can do some stupidly safe plays like running the wheel on megacap tech stocks for hefty chunks of change every single week.

I know my team manager at work sells covered calls on Amazon every single week for a huge chunk of change. This is all from the RSUs he got over working there for 7+ years. Stay positive and don't forget to develop yourself..

>>20068368
Still not a profitable business. I only say that because I work ACES for Amazon Fresh / Prime Now. There are so many factors you might not realize (as the consumer) that Amazon loses money on. Overhired drivers, damaged product, fucked up retail ordering systems, fucked up vendor ordering systems, shitty labor management (Amazon's overhired like 100k people for the COVID-19 pandemic and are now bleeding extreme hours etc..) but they don't care as long as people equate "grocery shopping" to "I can just order from Amazon/Whole Foods!" instead of "oh Instacart can do it for me."

It's kind of scary how much money Amazon burns in random side businesses like that. AWS makes them so much fucking money it's unreal.