Reply With Quote
E-commerce/tech infrastructure is the new bubble/craze.
It's hard to buy on dips these days when it doesn't last long or days continue to be green tbh..
I think it hits 1500 in a few months.
It's a good investment but you need to be banking to get in on a level that matters.
E-commerce/tech infrastructure is the new bubble/craze.
It's hard to buy on dips these days when it doesn't last long or days continue to be green tbh..
Snap down 3 bucks since Monday lol
https://finance.yahoo.com/quote/SNAP/
NM. found it. Class action lawsuit = stock hit.
Tech sector terrible day
Some practical advice for you youngsters
1. Time is on your side -- use it
2. Pay off dumb debt asap -- student loans, credit cards, cars
3. Invest 15% of your income in 401k, especially if employer matched
4. Open a roboadvisor account, like betterment, and put it on autodraft
You will be a millionaire
RG may have some better advice, but that's what I would do.
Solid Dave Ramsey-esque advice. I contribute up to the match on my 401k and then max out Roths for my wife and me. If your employer offers a Roth 401k you are golden as long as they have decent options.
Also, don't just dump money in your 401k, pick out the funds you'd like to invest in. Most of the target based funds they default you in are , loaded with bonds, money market cash, etc.
True, but do the research.
I just started a Roth, but I'm already pretty old, so I don't think it will be a huge windfall.
Which of the other crypto coins can we get in on the bottom?
And then they take a Bitcoin type rise.
I disagree with paying off student loans.
If it's a manageable monthly amount and a low interest rate, better to take the money you would be using to pay it off and invest it.
I've been paying student loans for 15 years and the S&P 500 has tripled since then. I've payed about 33% in ac ulated student loan interest over that time.
You're still paying student loans after 15 years? Holy !
Sorry but don't know anything about the other crypto - only that bit coin is limited in number. Dh started mining (instead of buying) bit coins when they were $6. Why doesn't he tell me about these things when they're that cheap. I started dabbling when it was $750 and foolishly sold 20 bit coins at $400 to offset stock gain in 2015? Really stupid but it was hovering at $400 for a looooong time.
Ethereum mining right now is profitable with consumer level gpus, which is why AMD graphics cards are insanely expensive and difficult to find (they usually have much better hash rates than equivalently priced Nvidia gaming cards). It's probably a huge reason why bitcoin has shot up so much in value the last month or two also, since these coins are usually converted into bitcoin later on. My GTX 970 could make about $90 a month after factoring in what I'd be paying for electricity, but the AMD equivalent gaming card (RX 580) can make about twice that much. The same thing happened with 2013 with LiteCoin and the AMD 7950/7970/R9 280/R9 280x/R9 290/R9 290x/R9 295x2.
$137 a month since 2002. They'll be paid off at the end of this year.
Hard to justify paying a bulk sum at any point in the past 15 years, but I realize not everyone's situation is the same.
Not a huge amount, but I'm sure you'll be happy to be done with that.
The same can be said for auto loans, other low interest loans, etc. until all your income is going out in payments. The idea is that you bust you're ass for a short amount of time and then you have your entire income to build wealth with.
I understand the Ramsey perspective, but it's really a psychological benefit, not a mathematical one.
This is safe. The other perspective would be the businessman who has to take out loans to produce wealth. Our president was famous for this. Risk takers can become unusually wealthy. The Donald did not mind being in the hole even though he started out way ahead. If one is doggedly determined, gets some good breaks, and lies/intimidates when necessary, this can work. There is some leniency in bankruptcy rules in Texas, give it a whirl.
Trump raised in the proper household could have made a great drug lord IMO. I think given the proper upbringing he could have killed people without grief. Or at least had people killed...sociopaths have an advantage in this way. So don't discount the white collar or blue collar criminal.
Dr. Phil
Up to $24 right now from $14 back in April
$$$$
So how would I get started doing this? I would assume my in video card could do this.
I don't mine so I don't know the specific tweaks you'd want to do to improve your hashrate or what OS would be best to be running, which drivers you want to be using, etc. If you're willing to do all the legwork to get everything properly tweaked and if you're willing to have your gpu running 24/7 at 100% load and your computer unusable for anything else you could probably make around $6 a day after electricity costs mining ether with that card (well, until the bubble bursts). You'd lose money mining other cryptocurrency like bitcoin with gpus though.
Down to 11.80 now
AMC stock is going down pretty bad. Streaming, big TV, lack of good movies etc.
Anyone like Nvidia. What a wild ride
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions