Subj : the lottery is a tax
To   : Arelor
From : August Abolins
Date : Mon Feb 26 2024 21:32:00

Hello Arelor!

** On Sunday 25.02.24 - 16:59, Arelor wrote to August Abolins:

 A> The stock price multiplying itself by 6 does not mean the
 A> company is producing value. Obviously, if you pick such a
 A> raise, that's great, because you can pump and dump and be
 A> done with it.

 A> What often happens is investors start overrating or
 A> underrating mediatic stocks based on speculation regarding
 A> [...]

Sounds like you have a fine grip on picking the right  
investments. You will be all set for your retirement years. :D

I registered with an investment newsletter a log while ago, and  
NVIDIA was a recommend at least a year ago. That 500% return  
would be a nice thing right about now. There have been some  
other fine recommends when to buy and when to sell. All of  
those were good opportunities.  I'm just observing their  
success rate.


 A> Most tech companies would take half a century or more to
 A> pay their investors back from their benefits because so
 A> many people is investing in hope rather than productive
 A> value. These investors are banking on the fact the firm
 A> will multiply its productivity so wildly and in such a
 A> short term that I think they are either bonkers or
 A> willingly playing Tulipmania.

I think they count on the massive % increases afforded by penny  
stock.  5cents to 1dollar is a huge increase!


 A> I don't remain domestic in my investments. I have purchased
 A> all the Spanish stock I wanted for my portfolio and now I
 A> am investing outside, because Spain sucks.

"Spain sucks" seems to be your mantra. Noted. Hope you find  
some suitable foreign stock.

-- 
  ../|ug

--- OpenXP 5.0.58
 * Origin:  (618:400/23.10)

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