Discussion ***Official*** 2022 Stock Market Thread

[FelixDeCat]

Of course that is never the answer. Only failed states do this. Always. It is profoundly unconscionable that a so-called adult would think this is a good idea.

The time to take your medicine is not when you are sick but when you can stomach it...as in now.

We have had budget surpluses as recently as 2001. Instead now we are crack addicts, snorting trillions in new debt. Debt we never intend to fully repay because we've found out we don't have to.

Ps..Ironically I love Disco Stu.

 

[AdamK47]

More people are unemployed! This is really good news!

 

[jpiniero]

More people are unemployed! This is really good news!

Funny huh. It did move the rate odds a tad but they are still favoring two more single hikes.

 

[Red Squirrel]

I'm still waiting for Victoria Gold (VGCX) to do something. I need to cash out since I need the money. Got a few grand in there tied up. Stock is too low to cash in now though. *pokes with stick* do something!

Might be a while though... it was in double digits when I bought and it's at 7 now.

 

[FelixDeCat]

I lost a few percent this year by sitting it cash and moving all in (a tad too soon) back in November.

But I still beat the S&P! 🙂

 

[FelixDeCat]

Link to 2023 thread https://forums.anandtech.com/threads/official-2023-stock-market-thread-😬.2609587/

 

[bookem dano]

They deprecated the MM account about 2 years ago and didn't really tell people that they should have switched to the performance savings.

I've stopped using Capital One. I've had an account that eventually became their account. That account was a high yield that was deprecated mutliple times. Previously they let me virtually switch the account but this time they wouldn't. Each time they've deprecated the accounts, they are not proactive about it so you need to keep up on all their offerings to be able to keep a good rate. Once deprecated, any good interest rate goes towards a standard banking account rate.

 

[PlanetJosh]

Anyone else get a dividend increase from your mutual funds or other stocks at the start of the new year? It helps me somewhat, a few extra $thousand per year.

 

[AdamK47]

Shocker: GameStop had a big earnings miss. Estimate was $1.35 billion. Actual revenue is $1.19 billion.

Does that matter when fundamentals haven't been a thing for the company for the past couple years?

One thing that makes me happy to see is their NFT shill is not going well. Layoffs for those involved in implementation. Not sad.

And it's gone. What a surprise.

GameStop axes its short-lived NFT marketplace as it retreats from crypto

GameStop has notified customers that it's shutting down its NFT market, effective February 2. The marketplace launched in July 2022. GameStop also shut down its year-old crypto wallet in November, citing "regulatory uncertainty."

www.engadget.com

 

[biostud]

Anyone else get a dividend increase from your mutual funds or other stocks at the start of the new year? It helps me somewhat, a few extra $thousand per year.

Mine are set to auto invest in the funds, as I don't need extra cash atm, but if I did it would be a place to start 🙂

 

[dullard]

Anyone else get a dividend increase from your mutual funds or other stocks at the start of the new year? It helps me somewhat, a few extra $thousand per year.

Unless you need the extra cash now, dividends are awful. They reduce the value of the investments AND make you pay taxes now.