About tech stocks...

Concart said:
My wife invested 100K last year, and hers sits at 163K as of this morning.

Mine is $10,088,395.65 as of five minutes ago.

Thanks for asking.
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Screenshot with the names and numbers blocked out?
Something tells me you couldn't pull that off.

Yeah, because you lack access to an account like that.

Bonus if you paste Concart on it.

IOW, proof or you're a liar. You could take a screenshot and block out all the numbers and names and paste Concart on it if you had something like that.

And are as tech savvy as you claim to be.

Idk why tech stocks are so high when they have delivered no product in 6 mos+.
 
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Matt Dillon said:
I fail to see how they can be at their highest ever when none of those companies are even bringing any products to market.

How can the stock be soaring when they have no product to market at all?

There is NO inventory. Zero! No products whatsoever!

I think China might be trying to take over Taiwan may be the reason.

I just can't wrap my head around how companies with nothing to sell can have their stock keep rising.

I tell you this: It's unsustainable.
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Their product are millions of users who advertisers can reach via algorithms that know what their interests are. These companies literally print money. :thumbsup:
 
Jack said:
I think 'Growth' Stocks are viewed as 'Investments in the Future'. So, whether or not they are making money NOW ... isn't really important, at least to the Investor.
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Stock value used to be based on cash flows. Today, it's mostly emotional.
 
Truth Detector said:
No, Bitcoin and Ethereum. I've got plenty already invested in stocks. ;)
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:) I'm passing on the Bitcoin.


"Dogecoin (/ˈdoʊ(d)ʒkɔɪn/ DOHZH-koyn or DOHJ-koyn,[3] code: DOGE, symbol: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time.[4] "
https://en.wikipedia.org/wiki/Dogecoin
 
Truth Detector said:
LINK? What does China have to compete with twitter and Facebook?
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Biden Calls for $50 Billion to Boost U.S. Chip Industry
By Alex Leary and Paul Ziobro
Updated March 31, 2021 5:50 pm ET

WASHINGTON—President Biden’s expansive infrastructure proposal includes $50 billion for the American semiconductor industry, whose lobbying efforts have gained momentum amid a global chip shortage and fears that China might be overtaking the U.S. in a critical technology.

https://www.wsj.com/articles/biden-urges-50-billion-to-boost-chip-manufacturing-in-u-s-11617211570

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Every tech company has a huge (millions and billions) government contracts.
 
Matt Dillon said:
Screenshot with the names and numbers blocked out?
Something tells me you couldn't pull that off.

Yeah, because you lack access to an account like that.

Bonus if you paste Concart on it.

IOW, proof or you're a liar. You could take a screenshot and block out all the numbers and names and paste Concart on it if you had something like that.

And are as tech savvy as you claim to be.

Idk why tech stocks are so high when they have delivered no product in 6 mos+.
Click to expand...

Concart is so full of shit. Everything about him screams "on welfare".
 
Matt Dillon said:
Screenshot with the names and numbers blocked out?
Something tells me you couldn't pull that off.

Yeah, because you lack access to an account like that.

Bonus if you paste Concart on it.

IOW, proof or you're a liar. You could take a screenshot and block out all the numbers and names and paste Concart on it if you had something like that.

And are as tech savvy as you claim to be.

Idk why tech stocks are so high when they have delivered no product in 6 mos+.
Click to expand...

CP.jpg

I have another 2 million in a Roth, but this is already enough work.

I am one of if not the most successful investor on this site. It is what it is. I don't bullshit. I don't need to know anything about tech to know if a tech stock is a good investment. But generally I avoid them. I'm about 90% income generating. I earn around 7% in dividends currently. You can do the math I'm sure.
 
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