Economics, Business, Money, Finance : Working on your days off

Shit like this makes me feel better about taking breaks to post on social media. What a travesty

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Good luck.

What r u gonna do?


with all that money??…….

Buy some vanguard admiral money market shares. Almost 5% return, goes up as the effective Fed funds rate rises, which it will.

Uh I mean hookers and drugs

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Good luck.

Is 5% even worth it? Put $100,000, you get $5000 back. Weak.

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That’s a great rate of return for a risk free asset. You’d get 9% from the equities market during a good year.

Most hedge funds don’t even return half this much for their clients. Idk what you’re invested in but it’s probably a very risky asset, so higher return but good probability of losses

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Good luck.

Penny stocks. I made a 50% gain on them last year, but only because I lost over half of my gains in December due to some bad luck. I would have seen an over 100% gain otherwise. If you are smart enough you can clean up. I'm not even that smart and I'm doing ok.

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My password is password

Right. Those are very high risk. Business schools will caution against investing in those at all but I agree with you. If your risk tolerance is high I bet you can clean house with a little due diligence

I used to invest in Bitcoin which is basically a valueless asset so far as I can ascertain. Sold way before I should’ve tho

If you have long time horizon, 5% return with zero risk is a no brainer. But if you’re day trading yeah, it makes no sense. Also you can’t buy and sell it on a whim, I think you forfeit some of the returns so it’s not a liquid investment but a longer term one

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Good luck.

Sold way before I should’ve tho

I know that feel. I'm actually risk averse and sell early on almost every gain I make. One I sold when it was up 1000% and it ended up going up 10,000%. Missed out on over $100,000. But I'm not upset about it. I would have been an idiot to hold out that long. Only the idiots held onto bitcoin for over a decade.

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What sectors do you look for your Penny stocks in?

It’s so weird thinking random Chinese industrial companies get their funding from randoms all over the US and UK. Lol

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Good luck.

I don't actually know what I'm investing in. Usually I just look at what stocks are moving, look for patterns in the chart, and try to get in at a good level. Other times I just look for a stock that is way down and appears stuck at a certain level that I think could rise. Usually it does, but it can take months. The one that shot up 10,000% I was sitting in for half a year before it skyrocketed. This is the one:



Again though, I'm totally not bitter about it.

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Technical analysis.

I don’t think you’re retarded for selling there at all. You said it yourself. Your strategy is predicated on where things are moving, buying and then realizing your return soon so you don’t have many losses.

Yeah, you missed a whale. But you’d have racked up losses from your other transactions if you had a different strategy.

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Good luck.

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It’s such a farce. My co gives generous amounts of time off..: yet we are expected to give generous amounts of our time back on those times off.

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Good luck.

Always do the bare minimum, but pretend you're doing more.
I was always good at kissing ass and appearing as a good worker, but slacked anybchance I got. Though, the part of my job where I helped decent people, I went all out… but fuck the company.

One of the things I look forward to getting back into work is the challenge of doing this.

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Well sometimes you can’t just do bare min if it’s a high visibility thing

But yeah I agree on the whole. Because the co doesn’t care about you. At all. They need you to do the job and they’ll replace you in a heartbeat. Which is why it helps if they like you. You’re right

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Good luck.

True. Sucks when you can't fuck over your employers. Capitalism, man.

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You’d be saying the same thing in communism. Except employer is government

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Good luck.

Nope, I believe in worker ownership of production. No middle men CEOs exploiting your labor.
There is a place for idea men, etc., but currently, it's pretty much the top doing very little labor with exorbitant pay, and the middle and bottom doing most of it with little pay.

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Okay but how will the business be run? What you describe would be a cacophony

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Good luck.

That's why I said there's still a place for idea men et cetera. I'm not a Stalinist, but the CCCP was a functioning system for decades. Not only functioning but a competing superpower to the US.

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The idea men are gonna want to be compensated more for their outsized impact on organizational returns. To not compensate them more means the best and brightest won’t want the hard role of being an “idea man.” If the government forced them to do it, that’s oppression… bad system.

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Good luck.

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Make Daddy happy 😏

i post all day and watch movies when im at work

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Thats nice. I can do this sometimes, when nothing is happening at all, which is not often.

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Good luck.

somedays i get busy, bu most i do not

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You little prick

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Good luck.

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My password is password

Yep, post away 👍

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If we take the time to see with the heart and not with the mind, we shall see that we are surrounded completely by angels ~ Carlos Santana