The Stock Market Thread

These are problems integrating vehicles into current traffic, as in, driving along side humans, and bad roadway engineering and drainage (standing water and active construction).

Planning, concrete barriers, drainage, liberal use of one way roads, automated only one way roads, and none of these are active problems, anymore.

 

Today the error rate is far in humans favor for things like I outlined. Can we have FSD? I won’t say no. But it’s not around the corner.

 

This person, who I admit I read frequently, is making the argument that bitcoin is not actually worth anything and is simply a bubble which cannot last because the value is dependent on continued mining which will continue to slow and eventually end.

 

I didn't think that was an argument, I thought that was just... "knowledge."

 

You would be surprised how aggressively some deny this. Let's take DCS. Are your DCS modules actually worth anything once you have purchased them, other than what you personally value them as in terms of enjoyment? Well, no. Duh. Some can understand this with software or digital media, but for some reason don't think it is true for bitcoin or NFT's. Don't know why.

 

Of course my DCS modules are worth something, silly. I can unsafely start a cold F-16, take off from the taxi way, avoid all patterns and navigation, comms and strategy, and head straight into a gun fight, spamming 120s at everything, before heading back to any airport and immediately landing, or just ejecting.

And if the day ever comes when America needs that skill set, at exactly 1.2 Gs max tolerance, I will be there to answer that call. On weekends, after the kid is asleep, and the wife wants to read in bed.

 

Bad day for cryptocurrencies.

 

Been more than a day. 2 at the minimum.

 

This is straight gangsta.

https://www.propublica.org/article/...s-into-a-5-billion-dollar-tax-free-piggy-bank

 

Pretty bad ass.

I also don’t know why they don’t make it required for high school students to know if they put a 100 dollars a month in their Roth IRA from age 20 till their 60’s they will have over a million dollars at retirement.

 

so to be clear the “strategy” is to buy something for pennies that is eventually worth $80 a share. Simple

 

We can tell them (I was told this when I was 18), but they are not going to do it. But, yes, they should still be told it, so that when they turn 30, the y go "Hmmm...".

I would think most have heard this by now, but maybe not.

 

If I had $100 a month in high school/college, that I could just put away, I would have clearly been doing something very right. As it were...

 

I didn’t learn jack shit about finances besides playing a 10,000 buy stock game that didn’t teach us anything but was a time killer.

we do a horrible job of teaching financial literacy in this country and you either have to get lucky and have someone in your life to teach it to you or be naturally interested in it.

 

the bad information on the internet isn’t helping either. Conspiracy theories are rampant

 

Yep, on all manner of topics.

 

mans those that fall for it will pay a price for their education.

we have way too many institutions that are broken or just totally failed, which is leading to the conspiracy stuff.

 

The inside the Roth IRA part, pre 2000, was forward thinking.

 

Tax avoidance strategies on tik tok are hysterically cringeworthy.