FourCrossedWands

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Everything posted by FourCrossedWands

  1. There is nothing to be worried about. Future generations will probably just inject protein and sugar directly into their veins, so they can spend more time on Facebook lol.
  2. I have read an interesting argument for why the US stock market is growing exponentially since 2008, which never happened before in that degree. Someone said it's because of the exponential growth in the tech sector which never happen before. Then there was a counter-argument that it has happened many times in the history of mankind. 18th century - the age of shipping 19th century - the age of transportation 20th century - the age of oil So, by that logic, the 21th century is the age of information technology. There are like 5-7 companies that are by far the most profitable companies in the world and all are in the tech sector. But, why is that? Why is like 50-75% of the global economy situated in the tech sector? Most people would say "because the information technology helps us solve everyday problems, it is the main reason of all the innovation" but is that really truth? What global problems has Apple, Facebook, or Netflix solved? Let's face the truth: Every single one of us, including Leo is a technology addict. Therefore, I would say that the 21th century is not the age of technology and innovation, but the age of addiction.
  3. Watching American football is like watching a paint dry. It reminds me little kids chasing each other on the courtyard. I would probably name about 100+ sports that are more fun to watch.
  4. Timing the market can make you a lot of money. It's not about sitting on money for decades in fear of a global meltdown, but about being clever. I have timed the gold market and I have also timed some of the stocks recently. There are other factors as well, such as currency exchange rates, if you are living in the EU and buying US stocks, etc. If you have a large sum of money to invest, you need to time the market. ETFs usually have 100+ stocks, but a lot of them are underperformers which makes them volatile. There are stocks that are as stable, if not more stable than most ETFs. You just need to do some research.
  5. Severance 1st season was great. Unfortunately, I find the 2nd season a little too forced and boring.
  6. Yes, AI is the future, but are you 100% sure the S&P won't be replaced by the Chinese stock market, the same way Nikkei was replaced by the S&P 500 in the 1990s?
  7. A 1990s Nikkei like crash and a multi decade bear market is definitely incoming. The only question is when. My guess is that Trump will be pushing the stock market as much as he can because it would be the biggest dishonour for him if it failed during his presidency. You must understand one thing: The stock market is not a representation of an actual economy and it can even be the opposite. After Trump, there might be a socialist government and that's when the S&P is definitely going to crash.
  8. Flimsy or inflated investment = an asset your average shoe-shine boy is pushing while shining your shoes. In case you have no shoe-shine boy (my condolences), just go to your local McDonald's and ask everyone what are they invested in.
  9. Even Switzerland once used to be a poor country where men needed to be mercenaries for their families to survive. Scandinavia was the same. There are lots of Swedish and Norwegian descendants in the US whose ancestors have fled the poverty 100-150 years ago.
  10. What's the difference?
  11. How can I make some money from that little Trump coin? Help.
  12. You clearly don't understand crypto, go study more and come back later 🙂
  13. People are throwing life savings into meme coins and buying new smartphone every year just for a better processor or Android version. It's ridiculous. We clearly need a recession for the greater good...
  14. In the last 5-6 years, there have been thousands of articles and YouTube videos with guides on how to prepare for an upcoming recession. Nothing has really changed since then. Just invest in defensive assets and stop buying stuff you don't need. It's hard to believe there are so many people that still hasn't watched these videos and need advice.
  15. Bitcoin is dead money. It's not even in the trending chart.
  16. What about having 25% of capital in defensive stocks and 75% in saving accounts/gold?
  17. Which one should I invest in? I am lost.
  18. Hawk Tuah girl coin and Fartcoin perhaps?
  19. To me it feels like it's getting dumber as we speak. When it gets too dumb, I just start trolling it for fun.
  20. I am already communicating with AI, but it's not very bright...
  21. I wish they the make a crypto university so we can all get educated on meme coins. It's such a complicated subject it's almost like quantum mechanics, especially the Hawk Tuah girl coin.
  22. Super-cringe ceremony. I feel awkward for all the people who has to be there.
  23. Sucide hotline: "What happened to you sir, anything can be worked out and your life put together again" "I was rugg pulled by the US president." Suicide hotline:
  24. WTF is going on with America? Has like 60% of people been lobotomized or something?
  25. In the recent years, there has been this phenomenon of people refusing to buy devices that don't offer at least 4 years of security updates and buy a new device right after their old one becomes "out of date". Be it Android, Windows, or any other system. They literally throw away a good device just because it can't be updated to the latest version. If you try to argue with them, they will ridicule you and say that you should never use a device without the latest security update, or it will get compromised and your identity lost. What are these people on?