2021 Stock Market
- Thread starter SoapyCy
- Start date
In any of it? Crypto, stock trading, savings, etc.? Why will $HOOD be 'top dog(e)' in 5 years?
Their business model may not be based on dogecoin, but their revenue stream certainly seems to be at this time...
At this time. Who's to say those same people won't invest in other things along the way? That's the whole idea.
Stop making money on what you can make money on! What kind of business model is that? Stop selling gas Casey’s and Kum and Go!
You're right. Put everything you have into $HOOD - Best of luck.
Gas isn't the best example. Gas is like advertising, most places don't make much off it, they use it to get you to show up and make it off the overpriced pop and other things they sell inside.
I would never tell you what to do with your portfolio.
Haha sorry, it is low hanging fruit. I am not knocking them overall, I am sure there are plenty of successful strategies. I am not a stock market billionaire so I can't judge.
I should have bought AMC when you posted this, ~25% gain in 5 days. GME might be the real story still though, volume is starting to pick back up:
Hopefully this week has been better for everyone. Last week was a bloodbath!
Just sold APPL. The settlement and inevitable loss of revenue to the App Store makes me a little nervous.
You may regret that soon. They are going to sell a ton of watches,iPads, and iphone 13s.
They've bought back something like $125 billion in their stock during the last couple of years.
They sit on a stack of cash. Wondering how far they'd let the stock slide before another round of buybacks (assuming tax changes or regulation changes don't happen)
As long as the rate of $$$-printing continues, the market will go up.
But not due to any good economic reason.
But not due to any good economic reason.
