Let's talk about money - The Finance Thread

YouTube owned by Alphabet, so not going anywhere…

yea that was my thinking as well, google too stronk, no way youtube is going anywhere. atleast not in our lifetimes, maybe in a 100 years if the world shifts in tech to something else, but productivity and creativity have been getting slower and slower, so i wouldnt worry about that.

cool thread

So, any marijuana stocks poised to take off? I hear they will or won’t after they report their profits in April.

Would it be a good investment as of now, to buy some shares from Activision?

Newbie here

I would think you’re a day late on that, but who knows, maybe they can keep surprising people. I only heard the number, you’d have to look into why they did so well this quarter and think about whether they can keep it up.

So, a no?

I’m looking into LDS.CN (lifestyle delivery systems), you should check it out. It’s the cheapest of the 4 publicly traded stocks that have a marijuana distribution license in California.

Nah.

ATVI did well thanks to overwatch having a high user count and surprise up on revenue from their aquisition of the mobile game they picked up last year(was it candy crush?) , they are doing really well, but i wouldnt buy the top of a gap up

http://vesselnews.io/ai-predicts-le-pen-frances-next-president/ Viva La Resistance!

Once this happens, won’t the precious metals be worth less? Gold less than $10 an ounce and such…

Also:

It doesn’t say how the soft AI came up with the figures but… I’m listening. At least it mentions concrete figures for the 1st round. That is something for me to go off of. I put like 1k on fillon when he was 7x and cashed out when the odds shifted to 4.9x. I made 300 profit. I pulled out because I was sure fillon wouldn’t be able to recover.

I was thinking about placing a bet where le pen gets over 30% in the first round but I thought that was reaching. The Artificial Intelligence says Le pen will get 28% of the votes in the first half round so we’ll see. If Le pen and Macron make it to the second rounds with figures similar to what the Artificial Intelligence said then I’ll take it much more seriously for the final round and I’ll bet some money.

So I’ve got 5k that I’m willing to get pretty risky with, any suggestions besides just straight up gambling?

Like, what do you think Nintendo stock will do the day of the switch release?

So sometimes (often) I just don’t understand markets.

The price of platinum has gone up by $40 in the last 2 weeks, and yet the primary platinum miners have barely moved.

Either the algos on Wall Street are SUPER clairvoyant, or the the price of the miners is just not correlated with the asset they mine, OR everyone is just missing this.

Annoyed. I guess it’s a good thing I didn’t buy those mining stocks yet.

I don’t know anything specific about the platinum market, but just at a theoretical level- if platinum prices have increased to offset a dip in production, the value of the mining operations themselves may have held relatively constant.

same thing happened to gold, gold has been on a nice uptrend lately, but GDX which is the etf that follows gold miners, has been having alot of trouble getting back above its 200 day moving average and it broke down today in a big way.

Have any of you guys done Index Universal Life Insurance? Someone came over today & pitch it to me & seem ok for an extra safety net savings. What are your thoughts?

I’ve done a VUL that was mutual fund based and almost 10 years later I can’t wait until the day where I can pull the money out and invest it via other means. I say 10 years because they penalize you heavily for taking the money out early. I don’t know how an index-based one compares, but on the VUL the commission was high (hence the pitch), the insurance premium higher than the competition, and the fees on the funds themselves pretty high. In all cases I would have been better off with a term + investing the $s myself. If you’re gonna go for it, I’d definitely crunch the numbers first against something like a term life + index funds.

use half of it to play baccarat with the dragon bonus (10:1 & 30:1). That’s my avatar by the way lol.

I’m thinking of tossing 2k at SNAP before they hit 30 bucks a share…but how long can they sustain their growth? They lost 514 million last year. Everyone says they’ve yet to be profitable as a company. I still want their stock, but it’ll be one I keep with a fast escape in mind.