
FourCrossedWands
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FourCrossedWands replied to Something Funny's topic in Life Purpose, Career, Entrepreneurship, Finance
The problem is that investing into unethical business often doesn't work in the long term. Just look what happened to the United Health stock. It was considered a blue chip company, one of the safest businesses to park your money in. Now it's crumbled. All because of bad business practices and scamming customers (letting them die). -
FourCrossedWands replied to Something Funny's topic in Life Purpose, Career, Entrepreneurship, Finance
My favorite companies are Berkshire Hathaway and Waste Management. They are definitely not 100% ethical though... -
FourCrossedWands replied to Something Funny's topic in Life Purpose, Career, Entrepreneurship, Finance
There aren't any publicly traded companies that are 100% ethical. There is always something bad you can find about any company. Personally, I refuse to invest in companies that are undergoing numerous investigations, and have predatory business practices (eg. Google, Meta, United Health, etc.) I my opinion, such companies are worse than the tobacco industry. Also, I refuse to invest into anything crypto related. That stuff is just a huge waste of electricity, plus millions of people have been scammed. -
You can still get significant amounts of traffic from other sources like Bing, DDG, Yandex, and Pinterest. The amount of traffic from these started to grow after this Google fiasco. Just don't expect to make a living out of blogging.
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There are thousands of sources, just use Google, Reddit, and YouTube. You guys are really like little kids sometimes. Google killing small publisher sites is a well known phenomenon that has been talked about everywhere for years. AI is the final nail in the coffin.
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Blogging has been broken for years and now Google killed it for good https://www.reddit.com/r/travelblog/s/VVhbTn9x2N https://www.reddit.com/r/SEO/s/bVKk3SPMnz
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Well, I am not giving up mostly because I have already accumulated enough wealth, so I will keep doing whatever I have been doing just for fun. But, there are thousands if not millions of people who have been in the online business for 20+ years and literally all have come to the same conclusion. It is now the end for small businesses in general and starting a new business in 2025 is a financial suicide. It is a bigger gamble than putting your money into crypto or meme stocks.
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You used to have maybe 10-20% chance your business will succeed, it is a well known fact. This chance has effectively decreased to maybe 1-2% in 2024-25. If you dont trust me, then browse various business forums and subreddits. Be it affiliate websites, online shops, ebay, content creation, etc. most of the people are giving up after years of struggle.
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The problem is, there is almost nothing left for those who are poor and want to become rich ASAP. Starting a business in 2025 is a real pain in the ass. Online business are completely dead due to search engine changes, AI, Amazon, Temu, etc. On top of that, there is now global uncertainty and nobody knows if we are headed into a big recession or not. Even Leo is not earning as much as he used to IMO. Advertising is on a big decline and companies like Google are trying to keep money in the house instead of paying publishers. The best thing right now is to stop caring about money and just be happy with what you have...
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Why does like a half of this forum want to become rich by gambling? 🙄
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There should have been a crash about 10 years ago. Another big crash should have been during covid. And now, in 2025, there should have definitely be a big crash with what's happening. However none of them happened. This economy is not real anymore.
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There is no point speculating what will go up and what will go down in the short term. In the end, everything just goes up if you zoom out. We live in an endless bubble economy, where even the smallest stock market retracement means quantitative easing and more money printing from the FED. Just buy whatever you like and don't even care about the price. Fundamentals are non existent in 2025.
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There was some old experienced investor saying that market will crash after the tarrifs announcement, but rebound after a few days. However, a big recession will come in a couple of months. The first part he predicted 100% correct. Let's see what will happen in a couple of months. But, summer months are usually weaker for the stock market in general.
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Breaking: Warren Buffett just got totally disgusted by the stock market and left Berkshire Hathaway
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The last "micro-crash" just convinced me it's not a good idea to try and time the market in today's economy. This is not 20th century anymore, when stocks were priced accordingly to their real world performance. This is a meme stock economy where stocks go up no matter what. Just buy a little bit of everything (stocks, gold, crypto) and forget it. Everything will go up eventually.