Basically I glanced at CD rates, and, is this normal? I don't get why the return rate on 9 months is so high. Or why the yield actually drops on the longer CD terms. Or why the money market account is higher than all but the 9 month CD. Shouldn't the rates just like, go up the longer the term? And shouldn't the money market account be markedly lower than CDs?
Like, is the US economy just in a fucked up place right now, and the banks are going "yup shit's weird" and this is how it looks when they brace for a shakeup? Or something?
I don't love the idea of my money going to fund the companies destroying the world, but most mutual funds seems to do that, and the banks, who knows what they do?
So I've started #investing a bit of my money in solar panel infrastructure trough #Trine. They show me exactly where my money goes, and to what: Installing rooftop solar!
I'm supposed to get my money back w/interest, but there's ofc a risk. But the risk from investing in world destroyers is worse, IMO.
I think trying to protest reddit's asshattery via the blackouts is one tactic, but it appears to be losing a lot of steam for many misinformed reasons. I’m betting there’s a lot of shilling as well....
#WallStreet Bet Big on Used-Car #Loans for Years. Now a Crisis May Be Looming.
The used-car market’s hot streak may be ending as borrowers struggle to make payments and regulators say some auto lenders are “setting up consumers to fail.”
Please ignore the man behind the curtain claiming "Trump is about to get $3 billion richer after deal is approved to take his company public."
"SEC filings indicate Trump Media’s revenue amounted to just $1.1 million during the third quarter. The company posted a loss of $26 million that quarter."
"Not only that, but Truth Social appears to be shrinking. The number of Truth Social’s US monthly active users on iOS and Android is down 39% year-over-year."
As soon as the 6-month lock-up period is done and founders can finally cash out their shares, there will be a race to the exits.
#OrangeMussolini used his initials as the stock ticker. I just can't wait to share the graph showing DJT stock in freefall. You can't make this shit up.
In my three year journey to learn more about investing, I've found... that I'm annoyed by dividends.
Like, did the company run out of ideas? Or is choosing not to invest in its employees? Or not want to retool to build in more efficiency and target society's climate goals?
I like it when companies reinvest in themselves and focus on long-term growth. But dividends seem... off.
Everyone said tech was such an awful place to put your money, I stay the course, and now this morning on Bloomberg I see that, remarkably (he!), tech is way up year to date and nigh-everything else is down. Gotta love to see it! 😀💸
My #options account is currently up 5% (realized gains) year to date (in this crazy #market!!!)
It’s easy to believe handling your own #finances is difficult - or even impossible. Tired old clichés about #investing haven’t kept up with current market and #economic environments - not to mention all the crooks and bank failures, etc.
Take some time everyday to study finance. Keep at it. Over time it will start to make sense.
Here’s to your financial health and well-being.
❤️
So I still suffer through X/Twitter to talk to other #investing and #finance experts there, but wow, the moment I step outside the posts from people I know in that community, it gets toxic FAST.
There were always problems there but man, people feel emboldened to do whatever they want now.
Investing is the best way to get ahead. It's a proven path to success, and can be done with low fees, minimum time commitment and limited risk. Having your money work for you helps you enjoy more freedom and make more of the decisions that are important to you.
'The Diverse Investing Collective has launched a data dashboard that measures how much money is in the hands of gender-diverse and racially diverse portfolio management teams.... The initial version of the dashboard focuses on gender and a second version that will provide data on race and ethnicity in addition to gender will be released later in 2024.'
For two consecutive quarters, generative #AI dealmaking at the earliest stages has declined, dropping 76% from its peak in Q3 2023 as wary investors sit back and reassess following the initial flurry of capital into the space.
Maybe we should go after reddit’s investors and advertisers…
I think trying to protest reddit's asshattery via the blackouts is one tactic, but it appears to be losing a lot of steam for many misinformed reasons. I’m betting there’s a lot of shilling as well....
Weekend discussion thread!
What are your Stock or Options plays come Monday? Hang out shoot the shit and make fun of Cramer.