Stocks and Investment thread I

[Apollo]

1966 to 1983 almost two decades, really sucked:

Dow Jones adjusted for inflation:

January 1966: 31.4
August 1982: 7.9

-75%

Almost two decades of no gains and real loses against inflation.

 

[Ugbaad Geel]

Get the f*ck into Blackberry if you know what's good for you. $BB

Added to my watchlist, they deffo have some upside potential along with wish, which I initiated a position in at $18.

 

[Apollo]

When that happens I will just double/triple down on my long holds, there is always a recovery so who cares if there is a crash.

It doesn't always go up though, here is the price history of the dow jones since 1950 adjusted for inflation:

1966-1983, 1987, 2000-2003, 2008-2009 were shitty times.

 

[Apollo]

Another interesting chart, Dow Jones adjusted for Gold since 1975, the peak was in the year 2000.

Hmm....

 

[Ugbaad Geel]

It doesn't always go up though, here is the price history of the dow jones since 1950 adjusted for inflation:

1966-1983, 1987, 2000-2003, 2008-2009 were shitty times.

It doesn't matter recoveries always happen.

 

[Apollo]

It doesn't matter recoveries always happen.

It depends, most of those recoveries were short, but the 1966-1983 one was extremely long.

Also regionally things may be different, Japan still hasn't recovered its December 1989 high and is still -65% underwater in real terms (inflation adjusted).

 

[Ugbaad Geel]

Also,

you would prepare your portfolio on the chance a depression DOES happen, so ultimately it doesn't matter.

 

[Apollo]

Also,

you would prepare your portfolio on the chance a depression DOES happen, so ultimately it doesn't matter.

Just playing Peter Schiff here. Do you listen to permabears? Lol, I sometimes check out what they say for entertainment value.

 

[Ugbaad Geel]

It depends, most of those recoveries were short, but the 1966-1983 one was extremely long.

Also regionally things may be different, Japan still hasn't recovered its December 1989 high and is still -65% underwater in real terms (inflation adjusted).

That's japan totally different.

They had great years in 1990's.

There economy never recovered after they stopped being innovative. Plus most Japanese people hold cash and don't invest which doesn't help.

 

[Apollo]

That's japan totally different.

They had great years in 1980's.

There economy never recovered after they stopped being innovative. Plus most Japanese people hold cash and don't invest which doesn't help.

Its their demographics. They are the oldest developed country (demographically) and don't allow for immigration. Their 1980s performance was a bubble.

 

[Ugbaad Geel]

Just playing Peter Schiff here. Do you listen to permabears? Lol, I sometimes check out what they say for entertainment value.

Looool no

why would I listen to bears.

 

[Cerberus]

Hey guys! Any tips on how to invest as a beginner? What resources are out there that are halal? I don't want to get ripped off. Jazakhallah khayr.

Blackberry stock is about to rocket, it is a halal stock.

 

[Apollo]

Looool no

why would I listen to bears.

Nouriel Roubini is a notorious crypto bear, check out his twitter. He's an Italian Jew with a funny accent dunking on crypto.

''Crypto is the Mother of All Scams and (Now Busted) Bubbles - While Blockchain Is The Most Over-Hyped Technology Ever, No Better than a Spreadsheet/Database'' by Nouriel Roubini.

A good/funny read.

 

[Apollo]

Blackberry stock is about to rocket, it is a halal stock.

Lucid will be a Banu Hashim and Wahhabi approved stock. They literally own 50% of this company.

Ironically, Lucid will be building a factory near Mecca:

King Abdullah Economic City - Wikipedia

en.wikipedia.org

Lucid Motors plans EV factory in Saudi Arabia - electrive.com

Lucid Motors is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle factory near the Red Sea port city of Jeddah, according to a media report. A second location in the country is also reportedly under consideration. Bloomberg reported the plans for the new factory in...

www.electrive.com

 

[repo]

@ozzyoz @sincity

What do you guys think of the CCIV ticker merging with Lucid Motors rumors?

Check google trends Saudi Arabia for CCIV, very suspicious behavior.

https://trends.google.com/trends/explore?date=today%201-m&geo=SA&q=CCIV

This is the closest thing to a Tesla competitor and we all know what Tesla did in 2020.

Saudi Arabia's sovereign wealth fund owns 50% of Lucid Motors. Next Monday 10 AM EST the governor of KSA's wealth fund will speak on CNBC:

Bloomberg - Are you a robot?

That Arab money.

I don't think they've produced a car before. Same as Nikola, Rivian etc so I wouldn't buy it. Saudis are trying to compete with Tesla after dumping all their Tesla stocks right before the rally. That must hurt.

 

[Ugbaad Geel]

Shit, I just found out I had CCIV in my watchlist since November.

That's what happens when you have a watchlist of 94 stocks, you lose track of things that require DD's.

Time to start getting rid of some garbage. FB TSM AT&T NIKE MSFT ADBE too much rubbish...

 

[Apollo]

I don't think they've produced a car before. Same as Nikola, Rivian etc so I wouldn't buy it. Saudis are trying to compete with Tesla after dumping all their Tesla stocks right before the rally. That must hurt.

What bitcoin and altcoins have thought me is that when one market element becomes successful (Tesla, Bitcoin), then similar things also get pumped and people try to repeat it (other EV companies or in the case of crypto: alts).

 

[Bo$$man]

The short squeeze still hasn't happened with GME. This can potentially go up substantially over the next week. What do you guys think?

 

[Apollo]

The short squeeze still hasn't happened with GME. This can potentially go up substantially over the next week. What do you guys think?

Too dangerous.

 

[Anubis]

@ozzyoz @sincity

That Arab money.