Does $FSR have a factory yet?
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
They have gone the way of the asset-lite model (out sourced production to Magna). They've also signed long term battery contracts with CATL. Expecting production to start in November.
Fisker and Magna Sign Long-Term Manufacturing Agreement
Fisker Inc. today announced it signed a binding agreement supporting manufacturing with Magna International Inc. (“Magna”).
www.businesswire.com
Fisker strikes battery supply deal with China's CATL
Electric vehicle maker Fisker Inc has struck a battery supply deal for its flagship model with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) , the company said on Tuesday.
2 of their big 4 are suspect.
Uber is Uber suspect
And meta is getting a lot of hate
But they are still the biggest platform
I think they will have the last laugh
Agree on Uber.
Snowflake is also a growth stock. It still isn't profitable and has more hype than substance to me. (Same way I view Crowdstrike).
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WOOOOOOOOOOO!!! I sincerely hope yall are riding this wave. Put Option Contracts are the move right now!!!!!!!!! Especially in tech.
Just short the MES or if you have true conviction the ES.
It's a choppy ride though
Cryptocurrency exchange FTX Chief Executive Officer Sam Bankman-Fried and Emergent Fidelity Technologies Ltd. disclosed a roughly 7.6% stake in Robinhood Markets Inc. but said that at this point they don't intend to take any action on the investment, according to a securities filing.
Mr. Bankman-Fried and Emergent Fidelity Technologies, a company incorporated in Antigua and Barbuda , are among the largest investors in the platform that went public last year, according to FactSet.
Robinhood's stock closed Thursday up 5% at $8.56 and rose 31% to $11.20 in after-hours trading.
$HOOD
Mr. Bankman-Fried and Emergent Fidelity Technologies, a company incorporated in Antigua and Barbuda , are among the largest investors in the platform that went public last year, according to FactSet.
Robinhood's stock closed Thursday up 5% at $8.56 and rose 31% to $11.20 in after-hours trading.
$HOOD
Hmmmmm
Real estate...Commercial? Multifamily? Residential? Medical RE? etc...which?
Also, who's losing 50k overnight? Someone with $80 million in their portfolio (0.0625% of their portfolio)? Or, someone with $50k in a penny stock?
Imo, real estate and stock are one in the same. The key is how you hedge.
Even Cathy is on that get the strap ready mindset.
The average person should never lose more than 10-20% of any trade.
Mitigation is the key to making money in stocks.
Please explain this novel understanding.
On what plane of reality are land and a 2000 sq ft structure, for example, the same as stock in Kellog?
One cannot live in a cereal box, nor can one acquire loans based on equity (complete ownership is better), and sell said cereal box years later.
I have purchased two houses, without a mortgage in my life.
I lived rent free (unless one considers taxes, which amounted to less than $700/month) for at least 6 years total.
I sold each at a profit, the last at twice (200 percent) what I paid for it, in less than 4 years.
I could have generated income over the last 4 years, but I did not want to share my multifamily with anyone.
Please explain...
Read again.
The ability to lose 50k is what was indicated in my post. This is not a scientifically determined number, of course.
My point is that the stock market is essentially a casino, amenable to habits and potential of the wealthy, the lucky, and those in the know (read: insider information).
The powers that be want you to believe it is for regular people. It is not.
Nor is the stock market a reflection of the economy, which is something else they would have you believe.
The vast majority of millionaires and billionaires have historically started their fortunes in real estate.
Even the orange nazi, whose father started a leasing business in NY.
Look it up.
As for losing, historically, the stock market has yielded solid, consistent positive returns:
OVER TIME. USUALLY A GREAT DEAL OF TIME.
So, if one invests in and holds on to stock ABC, bought at a dollar per share, for say, 25 years, and finds the
stock currently at 25/share, one has profited.
HOWEVER, that same dollar does NOT have the purchasing power it had 25 years ago.
So your 24 dollar profit (25 current minus 1 purchase price) is actually only worth about, say, 11 dollars.
A commercial building with 2 apts and 1 storefront, on the other hand, can not only house you for those 25 years,
it is almost a certainty that the value of said property will be significantly higher than it was when you bought it.
It could also generate additional, "real time" income, WHILE you are living rent free (remember the 2nd apt).
Additionally, the commercial space can allow you to run your own business (mo money, mo money), or be leased
to a commercial tenant.
Having a commercial tenant has its advantages: no worries about leasing to a woman with 5 demonic kids that will tear
up your property. The commercial tenant HAS to keep things in order and up to code, or she/he will be shut down
by regulators.
Also consider that you do NOT know when that GM stock will take a tumble; it could happen the day before your 65th
birthday. You got another 10 years to spend waiting for your stock to recover? Perhaps. Perhaps not. In any event,
100k cash is a lot more fun at 60 than it is at 67.
Of course, your mileage may vary...
Explain what? You act as if buying/selling RE is some golden ticket. It is until it isn't. Same with stock. Same with Crypto. Although, you can mitigate losses with stock (and I'm guessing crypto) with derivatives.
$350k house or $350k in Tesla when it was $100. Took you 4 years to hit 200%. Tesla did 800%+ in one year. See, we can play this nonsensical game all day.
Here's a fun fact you can invest in RE without buying property. And, you can do this via the stock market! And, you can diversify beyond just residential real estate! How fucking novel! So when a housing bubble pops or when interest rates rise pricing buyers out of the market, you aren't left holding the entire bag and having to sit on said property for the next decade.
Also, here's another gem: why not invest in both (throw crypto in there too)! Shit isn't mutually exclusive. Why limit potential gains?
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With all due respect, anyone trading with this mindset deserves to lose all of their money.
There are too many tools that allow traders to make educated and data driven decisions regarding what to buy, when to buy, and when to sell. As you stated, the stock market as a whole has trended upwards for over 50 years. See graph below.
There are day traders and there are long hold traders. A person can simply continuously invest in an s&p index and become a millionaire.. A person can day trade by only entering after support levels have been breached and selling as soon as they see a profit.
It's not a "casino" if you treat trading as a job. The problem most people have, and you even see in this thread, is discipline. Sell when you see profits, sell before seeing a 10% loss.
With all due respect, anyone trading with this mindset deserves to lose all of their money.
There are too many tools that allow traders to make educated and data driven decisions regarding what to buy, when to buy, and when to sell. As you stated, the stock market as a whole has trended upwards for over 50 years. See graph below.
There are day traders and there are long hold traders. A person can simply continuously invest in an s&p index and become a millionaire.. A person can day trade by only entering after support levels have been breached and selling as soon as they see a profit.
It's not a "casino" if you treat trading as a job. The problem most people have, and you even see in this thread, is discipline. Sell when you see profits, sell before seeing a 10% loss.
Not a casino but there is a level of chance/uncertainty involved with day trading.
Also, I know you say sell after seeing a 10% loss but that is not a great strategy. You enter a trade and exit at Support/Resistance Levels, not percentages. For day trades on Small caps, you often see stocks pull back to Support Levels before taking off.
I agree on selling at Profits. You will never go broke doing so.
This is the only response you will get from me, because you clearly don't know what you are talking about.
Cheers.
With all due respect, anyone trading with this mindset deserves to lose all of their money.
There are too many tools that allow traders to make educated and data driven decisions regarding what to buy, when to buy, and when to sell. As you stated, the stock market as a whole has trended upwards for over 50 years. See graph below.
There are day traders and there are long hold traders. A person can simply continuously invest in an s&p index and become a millionaire.. A person can day trade by only entering after support levels have been breached and selling as soon as they see a profit.
It's not a "casino" if you treat trading as a job. The problem most people have, and you even see in this thread, is discipline. Sell when you see profits, sell before seeing a 10% loss.
This is exactly what the truly wealthy want you to believe.
To each his own, I suppose. My position has not changed.
Cheers.
This pretty much sums it up.
A picture is worth more than a thousand words...and a bad stock investment.
You can actually get a loan based of the value of your portfolio
I was gonna mention that but I figured I'd leave it be.
A lot of people got loans about 10-12 years ago.
The result was the collapse of the housing market, which in
turn resulted in the U.S. becoming a renting nation, as opposed to
a primarily home owning nation.
Do you actually know what a derivative is?
I do.
It is ephemeral, and by its very nature easily perverted.
10 acres of rocky land is 10 acres of rocky land, which you can alter to your benefit.
Try doing that when your mortgage has been sold 5 times before your first payment.
What does any of this have to do witb the fact that you can borrow against your stock portfolios value?