Random conversations
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@goosehd no, I don't want to make Elon Musk any richer.
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@goosehd said in Random conversations:
Anyone thinking about buying SpaceX stock? Thoughts on trying to get in immediately or waiting a week or two? I'm tempted, but feel that there will be a decent drop from the IPO and should start climbing in a month or two when everything starts to settle.
It’s 2026, I am 55, do I want to invest into traveling to Mars? Nope definitely not… and then there is one of worst person on earth
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I feel the same about the man, but the company and the Starlink system of satellites has made our lives much easier than what we were dealing with before. Living in a rural area, internet was spotty at best with download speeds of 20 Mbps at best and upload of 1-2Mbps...With Starlink I now have 200-400 Mbps download and 20-50 Mbps upload. It has made running a business from home much easier...especially when you consider some of the files sizes we deal with on a routine basis.
“our policy of no discussions regarding politics, religion, asparagus, and other controversial issues.” - Andrew
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@goosehd said in Random conversations:
I feel the same about the man, but the company and the Starlink system of satellites has made our lives much easier than what we were dealing with before. Living in a rural area, internet was spotty at best with download speeds of 20 Mbps at best and upload of 1-2Mbps...With Starlink I now have 200-400 Mbps download and 20-50 Mbps upload. It has made running a business from home much easier...especially when you consider some of the files sizes we deal with on a routine basis.
I agree, and maybe it will be a good investment, who knows. But it would not fit into my investment strategy which is more conservative, dividend related aso., I am a Munger/Buffet fanboy… and I would simply not invest into an IPO in general.
Do we need a stockmarket thread?
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@Chap I wonder about that sometimes...
We are conservative as well, but on occasion I see something that sparks my interest, then I remember my father-in-laws advice that there is no such thing as easy money (especially fast easy money). Also, never gamble more than you're willing to lose...he wasn't a gambler
I still miss him and his advice.
“our policy of no discussions regarding politics, religion, asparagus, and other controversial issues.” - Andrew
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Not interested in the slightest, when it comes to investing I have the opposite of the Midas Touch.....
"OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011
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@goosehd said in Random conversations:
@Chap I wonder about that sometimes...
We are conservative as well, but on occasion I see something that sparks my interest, then I remember my father-in-laws advice that there is no such thing as easy money (especially fast easy money). Also, never gamble more than you're willing to lose...he wasn't a gambler
I still miss him and his advice.
That’s all you need to know about investing… time in the market beats timing the market is my way, I don’t have to jump on the hypes
God has blessed you richly, so get down on your knees and thank him. Don’t forget the less fortunate or God will personally kick your ass. I’d love to do it for him, but I can’t be everywhere. Willie Nelson
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@Giles said in Random conversations:
Not interested in the slightest, when it comes to investing I have the opposite of the Midas Touch.....
I have to… because I want to retire
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Advice for anyone reading this: G and I were chatting one day about investments and when comparing notes, I realized we had a hole in our investment strategy. We had a rainy day fund of cash that wasn't doing anything. It was there for when/if we needed it...the question then is when and how fast do you need it.
We started putting the rainy day fund into short term GIC's that come to term in 1 year increments and invested them in quarters, so that every 3 months something is coming due and we can either reinvest or take it out for the rainy day...
That conversation is not making huge amounts of money, but it is making money. Thank you @Giles as it was a brilliant conversation.
“our policy of no discussions regarding politics, religion, asparagus, and other controversial issues.” - Andrew
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@goosehd said in Random conversations:
Thank you @Giles as it was a brilliant conversation.
An accident like all my brilliant conversations....
