Subj : the lottery is a tax
To   : August Abolins
From : Arelor
Date : Thu Feb 22 2024 18:02:30

  Re: the lottery is a tax
  By: August Abolins to Arelor on Thu Feb 22 2024 05:27 pm

 > Does that include NVIDIA? Its stock seems to have doubled since
 > January 1, and almost went 500% since 12 months ago.

NVIDIA is an overheated value.

Its Price to Earnings stat isn't great - ie. each stock does not represent
enough productive power from the company to be considered a great deal for the
buck.

NVIDIA has a low dividend, to the point of being non-existent.

Generally, I regard hyped-tech companies as gambling investments. Sure, they
can spike high and fix your day, but since most of them lack productive power
enough to sustain their absurd prices, you can find yourself in the other end
of the spectrum.

Compare NVIDIA to an average Spanish utility company. Sure, they won't spike
and make you rich, but they are cheap to buy and will pay a very good dividend
for their entry price for decades to come. Consider that Spanish companies tend
to pay higher dividends than American ones, by miles.

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