Hey @heilhusky…some investing advice…
Comments
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@heilhusky …Robinhood’s target customer for fractional shares…HHusky said:
I bought today too, Kreskin.MikeDamone said:
You bought when prices were higher. You bragged about it, Esther.HHusky said:I foolishly failed to buy when prices were higher.
If things drop some more, I'll be buying tomorrow. -
I feel like Shopify is undervalued. It's dope af
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If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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JFC. Not a big economis guy it seems.WestlinnDuck said:
If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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So, tell where I'm wrong.MikeDamone said:
JFC. Not a big economis guy it seems.WestlinnDuck said:
If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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Are you planning to stack your stock market portfolio to the store and buy something?WestlinnDuck said:
So, tell where I'm wrong.MikeDamone said:
JFC. Not a big economis guy it seems.WestlinnDuck said:
If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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I’ve never met a poor person that consistently invests in a diversified stock portfolio. HTHMelloDawg said:
Field is better than the market, however.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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The field goes back to the Tiger or the field days
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Then you've never met me bitchgreenblood said:
I’ve never met a poor person that consistently invests in a diversified stock portfolio. HTHMelloDawg said:
Field is better than the market, however.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
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Nope just pointing out that a flat portfolio is a wealth loser in an inflationary economy. Inflation is wealth confiscation by the government.MikeDamone said:
Are you planning to stack your stock market portfolio to the store and buy something?WestlinnDuck said:
So, tell where I'm wrong.MikeDamone said:
JFC. Not a big economis guy it seems.WestlinnDuck said:
If you had a million in the market a year ago and if your stock price is still a million, you have lost 7% in purchasing value. Gold up a bit.MikeDamone said:The S&P is down about 1.5% from the end of May 2021 to end of May 2022. Inflation has eaten cash at over 7%. The market, much like the field, is always the better bet.
