I get the US government will forever prop up this shitass boomer company but what kind of capitalist true believer do you have to be to believe in Intel?

WARNING (Wall Street Chuddery) https://old.reddit.com/r/wallstreetbets/comments/1eiktnw/ok_i_definitely_picked_the_wrong_day_to_buy_intel/

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[–] GrouchyGrouse@hexbear.net 48 points 1 month ago* (last edited 1 month ago) (2 children)

More like bust fund

What a fucking moron. That's "I can buy land" money. You know. The thing that actually almost always has value.

[–] hexaflexagonbear@hexbear.net 32 points 1 month ago* (last edited 1 month ago) (2 children)

Or if you want stocks just go for an index fund? Diversify a tiny bit? But yeah, I'd just buy a home...

[–] InevitableSwing@hexbear.net 21 points 1 month ago* (last edited 1 month ago) (1 children)

That reminds me of "Mr. Deals"...

It's Official: Trump Would Be Richer If He Had Just Invested His Inheritance Into The S&P 500

As of today, Trump would be an estimated $400 million richer if he had just put his father’s money in the index.

And - of course - that would have meant effectively zero effort for Trump. No building his brand. No failed casinos. No failed airlines. No failed universities. No failed whatever else I'm forgetting.

[–] combat_brandonism@hexbear.net 13 points 1 month ago

Direct to consumer steaks

[–] GrouchyGrouse@hexbear.net 13 points 1 month ago

Oh yeah you could buy a nice home outright, invest the rest in mutual funds, IRAs, and keep an emergency fund. Then work whatever job you want to maintain a comfortable lifestyle.

[–] Dingus_Khan@hexbear.net 4 points 1 month ago* (last edited 1 month ago) (1 children)

That's "I can buy land" money. You know. The thing that actually almost always has value.

This dipshit would probably just buy beachfront in Florida I bet

[–] Redderthanmisty@lemmygrad.ml 2 points 1 month ago

And watch it sink away too