/biz/ - Business & Finance

Good day goyims. You can trust in me with your money.

>>11921574
first

second for anyone who involves themselves in findom in any way, sub or dom, deserves to be publically burned alive

>>11921597
fuck off

NONONONOOOOOOOOOOOO

TRUUUUUUUUUUUUUUUUUUUMPF!!!!!!!

Prep the bear paypigs

bullish Bias

>>11921574
>mosque edition
Kill yourself.

>>11921625
lmaoing at you bitch kuffar
post your portfolio infidel

What do you guys think will happen between russia and the Ukraine?

>>11921638
>What do you guys think will happen between russia and the Ukraine?

Don't care. Has nothing to do with us. Affects Europe more with natural gas.

>>11921604
I like you. There a number of people here I would like to murder.

>>11921604
I don't think so, bud

>>11921653
You'll care if this starts another world war.

lets go boys, buy QLD SSO and retirement is COMPLETED

Fuck you /biz/

AMD has return to normal written all over it.

>>11921701
>REEE IT'S YOUR FAULT I MADE BAD FINANCIAL DECISIONS

>>11921701
options?

threadly reminder
>orange man
very very bad
>orange drink
very very good

>>11921691
why now?

Aurora Cannabis is JUSTing me on a daily basis

>>11921739
not just now, but always

2x is the ideal leverage for both Nasdaq and SP500, there is nothing indiciating 1x is 'the best' its just the most common due to QQQ and SPY

>>11921701
Haha fuck you bitch.
Please explain exactly what you did, so that way others can learn from your retardation

>>11921701

>>11921718
Kys faggot
You fuckers are literally nothing but conmen that bait people into losing all their money

Cant trade bitcoin futures because my net liquidity value is pleb tier.

Know of any brokers with a low requirement?

>>11921757
nobody is responsible for your own voluntary decisions but yourself

>REEE I HAVE NO AGENCY YOU ALL FORCED ME TO SPEND MY MONEY ON STOCKS THAT I LOST MONEY ON THROUGH NO FAULT OF MY OWN

>>11921757
>Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

>>11921701
me so sor :( what of happen?

Green Day initiated

>just invest in Vanguard passive index funds
>market always goes up over time
>low cost and diversification is way to go

My portfolio is down 3.1% and constantly dropping more each day. I would have made more money in a savings account. Did anyone else fall for the Vanguard buy and hold until you die poor meme? Should have figured investment advice from internet was stupid.

>>11921813
you aren't thinking in the long term

Is TQQQ just free money at the moment or am I missing something?

>>11921813
I use vanguard as my main savings account. Not really impressed, it seems to hardly ever go up. For a big investment firm they don’t seem to invest very well

>>11921821
yes
Hopefully youve been loading up on this dip

NONONONO MY SHAFE HAVEN

Clawing my way back up... 2k away from being even again.

>>11921833
opposite view here, i'm loading up SQQQ on this dip

Newfag here, have an e-trade account through work espp. Should I open a brokerage account with them to start trading with? Or would recommend a different service? I think their commission is comparable to the ones in OP post. Looking to start position trading, don't have the time to daytrade yet since wagecuck. Also very interested in dividends, and maybe reits, any advice on getting into those?

>>11921813
>Did anyone else fall for the Vanguard buy and hold
yeah

Insider:
Snap crash soon

>>11921701
isnt that Dobber's RH ??
O.O

>>11921922
Nice bro

>>11921917
etrade works, ameritrade has best free trading platform/analysis that i've seen. for finding dividend companies/etfs your broker will give you something called a screener, which will let you select criteria to scan all public companies/etfs/etc - you can do this on other free sites too. i like $DIV myself.

>>11921917
Robinhood is a popular brokerage on here because they charge no commissions
If you're going to be day trading, though, don't use Robinhood, because they make their money selling order flow to high frequency traders (meaning that their orders will take priority over yours)
Order flow doesn't make a difference if you're position trading or investing in the long term, though

>>11921936
From Thot Audit? I mean can it go lower then -75% from open without losing total confidence?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>11921941
If it is it makes it twice as funny

>>11921922
what do you own, willling to give %s? are you almost all index funds and just mass buying and never selling?

>>11921739

>>11922024
VOO 40%
VXUS 20%
BND 25%
GLD 5%
DIV 5%
Cash 5%

>are you almost all index funds and just mass buying and never selling?
yep

>>11921757
Why don't you tell "us" what happened, you pathetic nigger?

>>11922054
based as fuck honestly man

ive been buying $1k a month for a while, mix of SPY QQQ QLD SSO

willing to take the higher volatility from the 2x funds in exchange for elite level returns, i honestly wouldnt mind a recession soon so i can pick up some 70% off purchases lol

>>11922054
You'll make it brother

>>11922103
hes already made it if he has $1m net worth even after this slight correction lol

>>11922092
i regret not buying SSO when i looked at it trading for $18 back in 2009. personally i wouldn't transfer current assets into a leveraged position, but if you're DCA'ing into it, that seems like a decent idea based on historical performances. would stay away from 3x though.

>>11922120
lost ~$70k on paper, it's not fun to look at..but the cool thing about having $1m is that even during a major 50% crash, you still have $500k...which is why my current goal is $2m - then i'll spend some.

>>11921757
>anon realises smg is paid promotion edition

>>11922054
>30% bonds and cash in raising interest environment

Yeah, no. Your portfolio would do even worse than mine in long term. Just because you have a lot of money (which you probably inherited), doesn't mean you know anything about investing. Holding that much bonds and gold is retarded unless you're 60.

>>11922120
>"Slight correction"
I hope he doesnt lose it during the recession

>>11922140
what does DCA mean? dollar cost averaging? yeah i buy $500 worth of SSO and QLD each month, basically rotate every 2 weeks.

I also am avoiding 3x, i dont think they will 'survive' a full recession. the 2x HAVE survived 08-09 tho, they have proved themselves to be worth it if you have a high enough time frame to hold them for, which I do. Im 25 looking to retire at 40~

>>11922143
>Your portfolio would do even worse than mine in long term.
okay

>which you probably inherited
i have a high income, have never been given a penny.

>Holding that much bonds and gold is retarded unless you're 60
you've got your strategy, i've got mine. my positioning is a combination of historical performances and the ability to sleep peacefully at night. also kys you retarded pleb.

>>11922177
After the recession I would get a couple rentals of I were you, but do what you want brother. Great job on the cash.

>>11922207
thought about it and ran the numbers, unless i wanted to help take care of the place, it doesn't seem worth it to me vs. other assets, based on my location in the US and willingness to be far away (geographically) from the rental.

Serious question that I can't find the answer to. If I sell a call would buying one a day or 2 later cancel them out leaving me with the made money or would I just be left with both of them until expiration? I don't want to sell and be stuck with maybe in the next month it will shoot up even if I think it will drop short term. And some of these stocks don't have terms shorter then several weeks.

>>11922240
yes you close the trade

>>11922226
You can buy a place for several million and have someone take care of it taking 70% for yourself and making 30k+ a month. I live in a place like that now. Depends on the location and current prices but during a recession it should be a better buy.

>>11922240
You sold to open, and buy to close.
-1+1=0

>>11922257
Thanks mate, didn't want to lose even more learning something just because I didn't k of of something.

Looking to start investing in the markets. I currently have a Roth IRA that I've been feeding for the last 6 years but I want to do more.

What's a good company/online program to use for trading?

>>11922207
During the recession i'll be banging thai hookers, there is no after this next recession, it's going to be the recession to end all recession and we're going to go back to trading rocks for each others property. IE, i'll throw my rock at your face and just take what ever the fuck I want.

>>11922286
I know it sounds simple but I'm used to people making things hard on purpose and since I couldn't find anywhere saying that I assumed the worst.

>>11922302
Ooga booga

>>11922305
It’s all just back to zero, short 100, buy 100, 0. Buy 100, sell 100.

>>11922226
TAX SHELTER

>>11922329
I'll probably start trading SPY then. I can usually call it right but then it takes a few hours so on paper even though I was right I didn't make much of anything. Selling the opposite would still make money.

I've been liquid for the last month because I'm an alcoholic retard who lets anxiety get in the way of everything.

Can anyone give me some good entry points as of right now, I have $900 in my robinhood account, down $100.

Ideally I'd like to throw $500 at a almost guaranteed ROI, and then throw the rest at meme stocks. I've been on here since mid September and have been doing some research, I just have an issue with pulling the trigger after buying high selling low.

I was going to buy Nvidia puts the day of earnings, based on how apples went, but just couldn't go through with it.

tldr; help I'm retarded

>>11922297
investopedia.com is pretty great. You probably want to read the OP, too. Lotta stuff in there.

>>11922363
SBLK was down 40% and usually has these swings. The company itself said it would be buying some stock back so expect a bit of an increase.

Lotta noobs looking to get into trading around here lately. What's up with that?

>>11922363
stop fucking around with daytrading and memes

buy SPY or QQQ however many shares your $900 allows, then fuck off and dont worry about it for multiple years

>>11922394
Wasn't day trading, just trying to swing trade

Theoretically, for a passive income portfolio. Would you buy into Brazil/India govbonds or an AT&T? India is steady but Brazil keeps pushing down, yet almost 1/2 the yield. AT&T is another option since the company is not going anywhere.

>>11922393
crypto refugees

>>11922403
T with DRIP for sure.

>>11922388
That 100% buy rating is nice to see, whats a good entry point though, or do you think it's just going to keep going up?

>>11922343
what stock?

>>11921922
Congrats my guy. What the fuck are you doing here in the special ed room?

>>11922403
Uninonically NILSY got 6Gs of that in my account

>>11922432
The Nasdaq

>>11922428
I'm up 23% on the week with a 40% extra from margins. Personally I think it should atleast go up to 13 if your patient but that might take months. It in recovery from its drop from 15. The only problems I see is a possible restart of the Russia Not-Russia war.

>>11922447
Can't invest into Russian assets because of the sanctions.
>>11922419
I don't want to do DRIP.

>>11922403
I'm balls deep in T baby not going anywhere thank the USA for the not doing dick about Monopolies

>>11922456
I've been waiting for that impact on the market as well, it seems like a pretty big deal, that whole region has been a neutron star waiting to implode and drag everyone else in with it.

>>11922519
If it happens I'm doubling down on it though. The company itself is doing really well, the dip happened to all shipping and it's because of new eviornmental sanctions on sulfur output from heavy oil tankers use, atleast according to the companies themselves. Sblk just went debt free and bought more tankers with new debt so they'll be good. Once the Chinese American trade deal comes through it will get another boost as that's a heavy part of their income.

>>11922478
This.

>>11922470
Are you for real? Not a problem with my brokerage, check that divs and price graphs, norilsk is a hidden gem

>>11922478
Holy shit they have really good dividends. Why isn't the price higher? The dividends are 3x what I expect and way above major companies. You're getting what, 10% a year just from those?

>AMD

Is investing in a Fund a bad idea?

>>11922624
at&t made some bad plays as of recent, getting sued by the DOJ, generally being a dick to customers, pile driving debt with time warner, etc.

>>11922226
Congrats man. Genuinely happy for you. Just curious, what age are you and when did you start investing?

Welp, I fucked up my entry into X.

>>11922616
I kinda work around the Gov. No way I can have Russian assets as for now. I need to disclose.

>>11922150
The recession will be -20%ish. Look at the history of previous recessions.

>>11922675
Do you know anything about the Ukraine russia thing happening now?

>>11922624
Yeah, ignore the FUD and buy. They actually make money.

>>11922690
>1921
>1929

>>11921941
no lol

not yet.

soon (tm).

>>11922403
Brazil's lowest return bond is at 6,5%/year right now, expected to be around 8% next year.

Load up on LCI guys... waaayyy undervalued

>>11922774
how high do you think it's going?

>>11922781
over $10.. maybe mid-teens..

>>11922788
wow.

LETS GO BOYS, BUY BUY BUY

EESKETIT EESKETIT EESKETIT

I N D E X F U N D Z

>>11922774
>>11922788
>over $10

AHHHHHHHHH I'M DOWN 12 CENTS TODAY AHHHHHHHHHH

>>11922624
Everytime they took a hit in there stock I double down it work out so far I'm 25k in and yeah the div are a god send. I also bought amz at 1k so I'm pretty golden GE on the other hand thats my cancer dragging everything down I went in thinking 8.20 was a good point now like I said it once and I'll say it again I'm riding this bus off a cliff

>>11922774
>Load up on LCI guys

Go NBR first, at least they pay a dividend.

>>11922840
GE shill guy must of have killed himself by now.

>>11922054
I have $700k to invest. Should I go all in SP500 ETF? Some people advise not to due to incoming recession.

>>11922840
It's still not to late to get out of GE. We're tanking this bad boy to $7 in the week to come.
>>11922875
diversify. some into spy, some into vanguard etfs, and some into individual stock picks with high divs (coke, at&t, jpm, etc).

>>11922815
ummm yeah.... just watch and learn newfag

>>11922875
You could diversify your portfolio so much with that funding, Sure ETFs are great but You never want to go balls deep into anything.

Best option to put life savings in right now?

>>11922885
My next GE buy order is set for $6.75. Tank away my boy.

>>11921947
>>11921949
Awesome, thanks. I was wondering what the catch was with Robinhood, so I might check out Ameritrade.

>>11922885
I'm assuming Vanguard EU or emerging? Because SPY and VOO are mostly the same

>>11922910
NOBL

How do you guys dab for every dollar once you get into the thousands range? It's starting to hurt my arms at a couple hundred. Is there a diet or workout you guys do on off days?

>>11922929
yea if you're in spy it makes no sense to be in voo either. You'd wanna do the other etfs like vnq and vti.
>>11922961
pour 20 eggs in a blender, add a few tablespoons of sugar, and an entire can of monster zero. Blend well, drink in one sitting. I like to call it the Power Slam (pending trademarks). That shit will get you jacked af.

>>11922971
Why not just use a monster with sugar in it?

>>11922971
BREAKFAST OF CHADS

It's time for the Lunchtime Checkup!

What're you eating how're you doing?

I'm having a broccoli and chicken smoked Gouda penne pasta, it's pretty good! I'm up today which is nice, still recovering from the MSFT dump.

If I can be self centered for a bit I'd like to break some good and bad news this lunch post. My department at work is being liquidated and automated, the transition will finish sometime in mid January so I'm not sure how often I'll be posting next year. I got a few options in front of me right now that require thought and some finesse.

The good news is I'm going to the Wild game this weekend

Eyy, good thing I'm young

>>11923023
I had a tuna sandwich, your shit looks so good fuck

>>11923023
holy shit that looks and sounds so good

>>11922961
You gotta up your dab game breh. Those gains aint gonna dab themselves if you know what i mean.

time to cash out AMD?

What's with everyone in here recommending SPY over VOO, with a higher expense ratio?

>>11923046

>>11923023
POWERSLAM

>>11923023
Sorry lunchbro. Who are the Wild playing?

>>11923023

Fuck, I think I'ma try to make that with some white wine and a shit ton of garlic.

Any reason why AMD has risen over 11% since yesterday's lowpoint? Is it because more details about ROME, their sever chip, has been released yesterday?

>>11923023
BASED LUNCHBRO

We'll weaponize our autism to get you another job

>>11923071
I'll beat your ass then eat lunch right after.

>>11923093
soo.. umm.. FVE... ??

>LMT lands on Mars
>Stock goes down

What the fuck what the fuck what the fuck

EXPLAIN THIS TO ME

>>11923023
>What're you eating how're you doing?

Had some Hungry Howies Pizza

>>11923023
me eating fresh strangled office woman
she was good secretary but even better lunch

>>11923114
Anything under 50 cents is a hell of a deal, this shit's going back to over a dollar with no reverse split.

>>11923144
whats your bias

>>11921574
U.S. CRUDE FUTURES DOWN BY MORE THAN $1 TO SESSION LOW $50.57 A BARREL

What happens at 49.XX?

>>11923149
>no reverse split.
how you know?

>>11923157
apparently eating women is more socially acceptable than shorting their companies.

>>11922971
even with VTI there's an overlap of large cap. but REIT seems nice, they don't have good returns though.

high div stocks for an EU investor is not that good due to the 15% us treaty tax

>>11923121
Pls respond

Up about 30 bucks today. I think I'll sell my cracker barrel stock after the dividend pays so I'll probably get a pretty penny of 300 bucks in realized gains this year. Used to have a schwab intelligence portfolio that took care of itself, still have a small amount in it. Since I started managing my portfolio myself I've gotten steady 2/3% returns while it's been down the same amount.

>>11923170
>15% us treaty tax
the best investment you could make right now would be to move to the states. Freedom is an asset worth more than your life. I'm sure texasanon could agree to that too.

Also, how many in here are in VWO Emerging Markets?

>>11923176
it was priced in

X will drop below $22 this week. Get your puts out

>>11923186
> tfw will never experience freedom.

> tfw EU will probably jail me retroactively for my posts in 4chan

...

>>11922403
Comcast looks promising, I've been thinking about buying some of their bonds myself.

>>11923206
how much of a cuck stock is X

literally lower right now than it was in 1992 LMAO

>>11923186
I pay 20% in taxes, not gonna pay 50%

>>11923144
ah i see the attention seeking village retard is still at it as usual. truly amazing.

>>11923121
>>11923176
landing on mars is a huge expense. expenses means less money for the company. less money for the company means less shareholder equity. less shareholder equity means people start to sell. people starting to sell means you go broke. you going broke means you start to wear kneepads for extra cash. you wearing kneepads for extra cash means you get gangbanged by niggers in a dark chicago alley way. don't get gangbanged by niggers in a dark chicago alley way, switch to directv today.

>>11922143
Different people have different risk tolerances. Like >>11922177 says, he wants to sleep at night. Perhaps he has people dependent on him and can't risk 50% drop during a recession. He's accepting he'll make less, but that's what it is in the end. Trading potential profit for something intangible.

>>11923083
Da Leafs, should be a great game

>>11923107
Thanks bro

>>11923234
Quality post

>>11923234
:(

>>11923234
sounds about right

>>11923166
Cause they're going to make a fuck ton of money this quarter.

>>11923249
I hope you get to see some one injure Taveras. I especially hope it's some one on his own team.

>>11923249
Leafs are fun to watch. I haven’t watched the wild too much. Avalanche is my favorite team.

I've got $20k worth of TSLA shares, I'm starting to think this market cap is as high as it'll go for the next couple years

>>11923234
you do realize what a corporation is right? you do know they are going to out live you right? you do know that the whole purpose of a publicly traded company is to raise money and split the risk in some sort of business venture right? You do understand there are a lot of startups that formed for the sole purpose of raising funds to do something new and cutting edge in the hopes of getting huge returns in the future?

Do you only think of investing as "muh dividends" or "muh s&p 500" .. i understand theres alot of people that think like that but theres a bigger world to investing than that grandpa.

>>11922302
It'll be pretty bad if for no other reason monetary policy can't be used to fix it and the US is already fiscally in a bad place. I have some hopes that the socialists will be able to stop things from imploding too far, a federal jobs guarantee, nationalizing some banks/postal banking, and medicare for all are all policies that might help pull us from the brink.

It's important to remember that in recessions it's not that we cannot produce the things people need to survive and prosper, all the technical capabilities are still there. it's simply that the method of economic coordination has broken down; a crisis of overaccumulation turns into a crisis of overproduction which turns into a debt crisis that turns into a payments crisis which turns into a general crisis as capitalism comes screeching to a halt. The very same methods which elevated us to such heights suddenly responsible for dragging us into the dark ages.

>>11923317
>Cause they're going to make a fuck ton of money this quarter.
why you say that? some new developments? or maybe old ones that are going to start paying off?

>>11923377
>t'll be pretty bad if for no other reason monetary policy can't be used to fix it and the US is already fiscally in a bad place. I have some hopes that the socialists will be able to stop things from imploding too far, a federal jobs guarantee, nationalizing some banks/postal banking, and medicare for all are all policies that might help pull us from the brink.

I HOPE YOU FUCKING DIE!

>>11923377
Cause baby boomers are just starting to hit retirement, and it's winter which is the biggest season for these fuckers to go and get sent into the home.

Teekay tankers should be in a steady uptrend now that oil is down and they Deleted their dividend

>>11923377
>the answer to over production is to guarantee production

>>11923335
It’s being run by a fucking woman right now, before a recession. What do you think is going to happen?

>>11923408
I'm sorry if I hurt your feelings anon, call my when rational thought returns to your classcucked mind.

>>11923481
Lmao did you turn off your namefag just to make that shitpost?

>DRIP is up another %5
LMAO at my retard pick going to the moon

>>11923522
I wish AAPL would've bought it years ago, before TSLA bailed out Solar City and now the current drama. Time to trim my position

>>11923522
Run by a woman, you say?

>>11923551
just like nogs run car washes.

>>11923536
Same I bought ziop at random when it was ~$2 lol

>>11923533
hey look it's the other attention seeking village retard

HEY GUYS I'M NEW TO TRADING BUT I JUST GOT APPROVED FOR ROBINHOOD OPTIONS AND HEARD THEY'RE A GREAT INVESTMENT
WHAT SHOULD I BUY?

>>11923533
no and this is the last (you) your attention seeking, niggers getting gibs loving, communist cuck.

>>11923493
The federal job guarantee is more geared towards infrastructure projects. However, there is no contradiction between guaranteeing some level of production and preventing crises of overproduction. As Lange pointed out all those years ago, good socialist supply management and pricing works via the same method as capitalism's. What changes, to put it simply, is that what surplus isn't directly invested is given back to consumers, making crises of overaccumulation impossible.

>>11922714
Regulation was put in place to prevent that. It will be more like 08. I'm a corporate accountant and can tell you SOx act will likely soften it even more.
>inb4 anon starts mouthing off ignorant ass shit
Look at the history on % drops alongside the trend of increasing regulation. If you understand the regulation you will understand why.

>>11923590
nothing beats a good investment into $ROPE, anon.
>>11923598
Hitler literally did this, and look how Germany turned out: lost a war on two fronts and is now getting raped by muslims. Communism: not even once.

>>11923536
you got pretty lucky, it's a 3x gas and oil bear etf
when oil and gas go down, it's good for DRIP

>>11923591
Note the vitriol for suggesting even the most modest reforms to get us out of a dire recession. Also note the impossibility of any kind of program that universally helps people, lest it coincidentally help people they don't personally like!

>>11923615
Capitalist fascism when

>>11923649
the best way to help current people is to stop having more new ones. and then quality of life rockets straight up for a brief couple lifetimes until extinction

who bought the deans dip
ready to get justed

>>11923615
Both the US and the USSR also had full employment for war mobilization. Ironically, it was Hitler's cock sucking of German capital that problem doomed him. He privatized many vital industries, and unlike the USSR and US, did not force companies to move production away from consumer goods to goods for the war effort until much later in the conflict.

>>11923023
Oof, tough to hear of a layoff but at least you have some runway. Start networking if you have not already, you never know what additional options might present. Looks delicious. I had Mediterranean for lunch, it was pitch-perfect.

>>11923598
>What changes, to put it simply, is that what surplus isn't directly invested is given back to consumers, making crises of overaccumulation impossible.
That makes zero sense. You haven’t rid yourself of a surplus but rather put it in another place, and probably the worst place possible. If there’s a surplus among the consumers they won’t need to buy from you.

>>11923058
>not waiting until after Ryzen 3 gains

>>11923591
based finally someone says it

>>11923670
That's not quite true, there's a good rational reason why people like to have children: it gives them someone who will take care of them in old age. In order for an aging population to have a good quality of life they must also work longer into what would normally be retirement, nut just to give them money to buy things, but to produce the things they would want to buy.

>>11923551
Robyn Denholm

>>11923693
Dude it's fine, the people receiving surplus just create their own fucked up barter system economy that persists as a black market until capitalism naturally comes back.

>>11923649
The reforms keep the recession happening, they dont help.

>>11923738
>ywn run a black market cigar shop in Havana hiding your product in boat people's ass when they leave for freedom

>>11923693
You act like that's a bad thing. When profit is no longer the motor of the economy, having declines in demand is no longer such a bad thing. If the surplus wasn't going to meeting human needs it was previously being wasted. With the surplus going to consumers, we would be using less materials and thus have a more sustainable and efficient economy overall.

The only way to prevent crises of overaccumulation today is for the capitalists to spend all of this surplus on consumer items themselves, but this flies in the face of the logic that made them capitalists in the first place: that of ever saving and investing. not to mention, the law of diminishing returns in utility would make it impractical.

>>11923670
You're a tard.

>implying you can put a limit on people's desires with out keeping them fucking brain washed, mind controlled idiots.

>>11923738
The USSR's black markets were mostly the result of their poor pricing system. I think in the future, even socialist societies that don't use money will have some kind of market pricing mechanism.

>>11923834
money is the fucking market pricing mechanism you doofus commie

>>11923782
And yet the lack of reforms also create crisis. It's almost like the problem is inherent to capitalism or something.

>>11923830
Who said anything about limiting desires.

>>11923786
You know it's the US's embargo that makes cuban cigar's illegal here, right?

>>11923377
>mo money fo dem programs
wew

>>11923853
The crisis happen because of fractional reserve lending. This creates bubbles in currencies, therefore when people realize that the money isnt there then the prices drop. The reason were heading into a recession is because of the fed creating more money therefore inflating the prices of equities. When people realize the money jsnt there or that they stop giving out easy money the prices collapse. The problem is (((bankers))), and government. Not the market.

>>11923852
Money represents a certain set of exchange ratios between goods determined by the market. These exchange ratios are the market pricing, money is just a medium of exchange and store of value. I'm not against money in principle, but it is technically possible to use non-circulating alternatives to the same effect.

>>11923876
Well it's not like they can use another trillion dollar in taxbreaks for stimulus now can they.

>ko

>>11923912
>money is just a medium of exchange and store of value

dropped

>>11923919
>sips.mp3
>aahhhhhhh refreshing
tell me anons, why haven't you bought coke today?

>>11923787
Apply your buzzwords to real life. What do we overproduce right now? Property developers overproduce overpriced mcmansions and condos hoping to get rich and farmers overproduce corn because it's heavily subsidized. You wanna distribute that? Talk about real life.

>>11923955
Everybody gets 40 acres and a mule.

>>11923970
Why would I buy Spike Lee stock?

>>11923970
Can I trade in my 40 acres and the mule for more coke stock?

>>11923935
E N D O R S E D

>>11923970
With how much federally owned land there is, this might be possible, kek. I call dibs on land that hasn't had a nuke dropped on it.

>>11924001
anyone have one of these without the bitcoins

>>11924024
will this do?

>>11923910
The problem is that you think that fractional reserve lending only occurs in banks. In fact, lending is necessary as a part of many ordinary supply chains and companies. Stores lend against their inventory all the time. What happens when that inventory no longer has value?

>>11923955
Housing is overpriced and overproduced relative to the people who have the money to buy them, you should keep in mind. There is also overproduction in automobiles, in cell phones, in textiles, in furniture, in most consumer electronics and even in media.

I think it's not really useful to to talk about overproduction in agriculture due to subsidies since you never want to have a shortage of those kind of things.

Does the Robinhood gains calculation count dividends?

>>11923931
Add a list of whatever attributes you like, the point remains, in order for it to be money it must have these two aspects. Labor vouchers, for example, are not stores of value, they do not represent value in the abstract and as such they have no use to the enterprises that might accept them.

>>11923023

Doing fine. Only notable red in my portfolio is GW Pharma. -4% mainly due to people pulling out before earnings call today.

please stop replying to a self conffesed commie expecting a resonable responce.
learn from my mistake.

>>11924124
I like the idea of commies giving free shit to people. So in return, I'll give free helicopter rides to any commie <3

Robinhood on damage control cus they accidentally gave me 1000$ yesterday

>>11924124
I have been far more reasonable than most of the people replying in this thread, out of which only 1 or 2 people have actually commented using economics.

>>11924162
exhibit B.

>>11924200
They truly suck at life. I got a dividend 2 weeks late and they lost my most recent deposit, I'm really glad I'm primarily using TDA now

>>11924200
Why hello there, Eric.

>Trump: good possibility of trade deal with China
>market still down

>>11922700
Slavs being Slavs.

>>11924200
>Not cashing out when you noticed the mistake.
I'm disappointed Eric.

>>11924216
MAGAtards are triggered by different ideas.
I disagree with you, but thank you for actually discussing things unlike the two worst trips gobbler and spoon

>>11924242
Well yeah, he has 250b of tarrifs ready if the trade deal doesn't happen after the G20

>>11924242
the market is and has always been fucking retarded
the winning strategy is to just hold as long as the companies you own have good fundamentals

>>11924250
I appreciate that Comfy.

>>11924248
I had a 10x GE Puts , And insted of canceling the option when i lost and expired on it they gave me 1000 shares , so i sold some ATH on friday

Look at me

GE still hasn't hit a P/B ratio of 1 and might to bankrupt
Why are you holding, anon?

>>11924304
GE should just do a block chain switch and get into the teledildonics industry.

>>11924339
lel

lets get a nice clean pump to 270 before power hour

>>11924339
To get down to what they their assets are on the books price has to be below 3.75.
After that they can fork the blockchain and become Genitals Ebonics

So if I buy a 1oz silver coin how long will it be before I make a profit that I can live off?

>>11924387
>shiny rocks

The reports from about and on China/The Fed are conflicting every single day. Its causing a vortex of hopeful uncertainty. Please dear god don't both be busts.

LOL

>>11924436

I'll settle for good news on 1/2.

FUCKING DABBED ON THEM

Russell wtf is your problem today.

>>11924436
The fundamental situation hasn't changed and it doesn't look good.

On China trump will only accept exactly what the Chinese will never surrender: the industrial policy that's gotten them this far.

On the FED, inflation is going to continue above 2% and they have no choice but to increase rates if they want to have any normal policy tools for the next recession.

>>11924454
>>11924457
HIVE MIND

>>11924457
Elon's secretary needs to tweet they are looking to hire 15k new employees. Trump will give him endless funding.

>>11924454
>>11924457
lel that's my president alright. Proud to be American.

Listening to the market talk about where I work is surreal. Everyone's shilling about how great the stock is and how it's going to do great long term but as far as I'm aware it's public knowledge the government is looking to cut our contracts. There are other reasons but I can't speak them without consulting a lawyer.

>>11924457
>>11924454
based orange man

>>11924457
That's what they get for laying people off right before Hanukkah. Fucking pull it all.

>>11924200
So if I let successful contracts expire they'll just hand me the money? I thought I had to have enough to buy all the stocks and they handed me those.

Is this the legendary reverse Bart?
>>11924494
Shut up you bootlicker, no company or industry on the face of the planet should receive subsidies. He hasn't done nearly enough to end (((corporate welfare)))

>>11924250
I came here from /ptg

>>11924457
Loved the regard Bloomberg shill yesterday "stockholders will love the foward looking policies of GM, cutting jobs is actually good for the company"

>>11924535
Agreed. This includes farmers. If people aren't willing to pay for a certain type of food don't use my money to make it cheaper.

>>11924533
>So if I let successful contracts expire they'll just hand me the money?

I never let winers expire, would be a nice experiment

And i was loosing on the GE Put

>>11924533
heres more proof btw

>>11924072
I don't think the US is even self-sufficient in textiles, furniture, or consumer electronics. Are any cellphones even made here at all? You're talking nonsense.

>>11924481
The Trump thing is a wildcard he already did it 3 times with different countries. He plays big then swoops in with an "ok" deal and boasts it as a fucking miracle. Its part of his posturing. As for the Fed, there is something to be said about slowing down to not be the actual cause of the recession you want to prevent. They already said they are close to being even and that they can slow down/ that they will start considering current market conditions WITH projections when they make finally decisions on hikes. Both situations are toss ups not absolutes.

>>11924552
Think about the guy who worked there for 30 years gets laid off, but had put his life savings into the stock options, just got kicked in the nuts 2 times

>>11924606
cell phones aren't nearly the same as textiles and furniture.
We still grow cotton.
There are still plenty of handcraft furniture shops around.
Cell phones?
Who cares.

>>11924580
It's like why did they even give you 100 shares, you had 10 contracts. Like how the fuck did that even happen?

>>11924298
f

>>11924072
I'm not against lending tard, I'm against massive fractional reserve lending and telling people your money is safe in banks when it isnt. That and the fed is creating so much money as it is, if we didnt have the government controlled fed in we would be a lot richer and we wouldnt have as many busts.

>>11924662
They give you as many shares as you can afford with current funds. The rest are sold. The shares you get from them take several days to show up.

>>11924606
I'm not talking about just the US, capitalism is a global system. And today, economic crises are also global.

THAT'LL BE -10% PLUS TIP

GW Pharma gently sloping bullish all afternoon here. It seems I'm not the only one expecting half-ass acceptable earnings. Now, there is no chance they'll be great, all I'm looking for is good enough so it doesn't scare away speculative money and the trend holds.

>>11924662
They gave me 1000, i qued 100 up to sell.
The only reason i didnt que all 1000 up to sell is because Of this Glitch or whatever was going on said i was about to be margin called when I shouldnt of been.

>Trump: Yo fuck GM lmao
Bless this man.

>>11924684
But my point is that ending fractional reserve will not end crisis. Overproduction exists with or without it, and so long as there is any lending this will lead to a payments crisis.

If we didn't have the government controlled FED it does't mean we'd have full reserve banking. It'd just mean that there would be a lot of banks lending out. Banks which make their profits on lending have little reason not to overlend. After all, all the crises and runs on the bank in the pre-FED and FDIC world did not cause them to change course.

>>11924688
You can't explain how overproduction of textiles and cell phones is a major economic problem right now because it isn't. You're just shoehorning buzzwords from some 18th century neet into the modern world where they don't fit. Try looking at what's actually going on in the world and start from there.

>>11924722
They just gave you the 1000 shares? On the finger for OTM put options?

>>11924722
Thats because of the law. Those funds don't settle for 3 days so you cant trade them out unless you have enough margin or extra liquid money. Its not even just a robinhood thing.

>>11924304
>selling dividend stocks

I’m just going to throw out puts and use the profits to buy it all the way down to $5

>>11924751
Yeah they jus gave me the 1000 shares, I didnt even want it i was trying to short the stock.

>>11924736
It's a problem because people are taking debt to buy these things. Consumer spending is booming this year, while real wages are not. Guess what makes up that gap.

>>11924724
kek

>>11924761
GE has a dividend of 1 penny, anon.

>>11924708
PAPA'S IN THAT HOUSE

NIGGER

>>11924755
Its robinhoods bullshit.

>>11924774
Supply doesn't create it's own demand. People buy consumer goods on credit because they want those things, not beause they're overproduced. You don't even know what overproduction means.

>>11924796
O

>>11924761
GE was last generations retirement meme stock. If you want to retire off the retirements of the boomers buy some FVE.

>>11924796
>"We're keeping the profit from the deal Goyim. You're lucky we're not charging you, Fuck off."

>>11924779
Yes, the reason they didn’t do away with it entirely is because GE is primo retired boomer stock. That dividend is what held so many people loyal in the first place and is going to be the first thing they raise when (if) they unfuck themselves. Even if GE does recover in the next couple quarters, I don’t think we’ll see share price above $10. That divvy is fo’ sho coming back.

>>11924796
>>11924844
/ERRONEOUS'd/

>>11924851
Look at their fucking leveraged debt goy, they aren't even profitable anymore and you think the dividend is coming back in the next 5 years?
This is extreme bagholder cope

>>11924803
The supply and demand in this case are both the result of overaccumulation, which creates an excess of loanable funds for both producers and consumers. There is overproduction relative to the capacity for people to actually pay. Debt smooths over this contradiction until there is a liquidity crisis, i.e. a crisis of payments.

Regardless, it's not true that supply and demand in this sense are operating independently, advertising works very hard to boost these desires for goods in accordance with what's being produced.

does tradingview have a stock? i noticed that every cryptotard (including myself) bought a pro account during black friday sale they must've made a killing.

fresh
>>11924957
baked
>>11924957
bread
>>11924957

>>11924942

No, private company.

>>11924972
that's unfortunate

>>11924933
>The supply and demand in this case are both the result of overaccumulation
No they're not, fucking idiot. People buy stuff on credit that they can't afford and the suppliers make what they can sell. That's not what overproduciton means. It's not even close. You're just refusing the basic meanings of words.

>>11925098
In order for people to buy things with credit they must first have access to credit. If you don't like the word overproduction, that's fine, but the scenario I'm describing is very real.

The fact of the matter it suppliers do not always make what they can sell because crises are caused precisely when companies make things they /cannot/ sell.

>>11924726
If one thing is over produced than that business dies. If the money is overproduced, then the whole economy dies.

>>11925231
The economy is incredibly interconnected, if a certain amount of businesses default this triggers a domino effect.

Hyperinflation is one thing which can wreck an economy, but it's not what causes most capitalist crashes. That governments implement easy money policies after a crises only goes to show the necessity of high liquidity and debt for capitalism to function. Take that away and you take away much of the growth in developed countries, which is already small to begin with. Funnily enough, this is already happening whether the FED or the capitalists like it or not. Each dollar of debt is creating less in GDP growth than before. A direct result of the falling rate of profit. Sooner or later, capitalism will no longer be an engine of growth for developed countries, and when that happens, it's over.

https://www.forbes.com/sites/johnmauldin/2018/11/07/a-worldwide-debt-default-is-a-real-possibility/#43fa9bdc53aa

>>1192445
Didn't King Nigger bail give them free money ten years ago?