stock market was up today...

Sooo. Looks like dotard wants to attack a private company because their business model is hurting his buddies. Good old buddy network in full swing.

I for one can't wait to pay more taxes to Amazon so the government can misappropriate them with wanton negligence.
 
  • Like
Reactions: 2 people
Sooo. Looks like dotard wants to attack a private company because their business model is hurting his buddies. Good old buddy network in full swing.

I for one can't wait to pay more taxes to Amazon so the government can misappropriate them with wanton negligence.

Bah. At the rate Bezos is printing money he’s gonna buy all the outstanding US debt and repossess the country.
 
You really believe this is the end of the world or just a long overdue correction?

I believe trumps protectionism of his friends and us markets isn't capitalism and it's costing stockholders billions.

Suggesting he's going to single out Amazon for tax scrutiny has nothing to do with a natural market correction. I'm sure it's a coincidence that Bezos owns WaPo.
 
  • Like
Reactions: 2 people
I believe trumps protectionism of his friends and us markets isn't capitalism and it's costing stockholders billions.

Suggesting he's going to single out Amazon for tax scrutiny has nothing to do with a natural market correction. I'm sure it's a coincidence that Bezos owns WaPo.

Since only rich people own stocks who cares?
 
I believe trumps protectionism of his friends and us markets isn't capitalism and it's costing stockholders billions.

Suggesting he's going to single out Amazon for tax scrutiny has nothing to do with a natural market correction. I'm sure it's a coincidence that Bezos owns WaPo.

Oh I think Donnie and Jeffie are both big boys and not above a little tit for tat amongst billionaires. Would you be as upset if he started looking at Fox News’ holding company for something?

I’ve never defended him as a Boy Scout. And on the market as a whole I think we’re long overdue, his saber rattling might be helping it a tad. 😁
 
I GUARANTEE you that you don't have any AMZN. :) :loco:

I won't bet though, because I am really bad apparently at judging the human condition that affects the market.
Only 5 shares or about $7,000. Except for Walmart, I don't have more than $20,000 in any one stock.
 
Since only rich people own stocks who cares?

What are you talking about?

giphy.gif


I'll assume this sounded better in your head than it looks written down.
 
I’m considering picking up some Amazon while Trump continues his Twitter crusade against them. That may be a bargain buy right now.
 
I don’t think Amazon has bottomed yet but yeah this is an opportunity for sure.

The tax collection is a pass through, it would have little impact on sales. If shipping was to increase it will increase for all competitors in the space, so that doesn't appear to much of an issue either. AWS is raking and there are way more facets to this company than just the website. I wouldn’t be concerned about buying now.
 
Do you think anyone has told Trump that his largely irrational tweeting is erasing a lot of the gains he has been bragging about?

Do you think he listens to them since that would be a criticism of him and he does not want to hear any of that?
 
  • Like
Reactions: 3 people
Do you think anyone has told Trump that his largely irrational tweeting is erasing a lot of the gains he has been bragging about?

Do you think he listens to them since that would be a criticism of him and he does not want to hear any of that?

I don't mind. Even though the last month has been bad overall, I'm still making around 8% per year over the last two years. Plenty good for long-term holdings.

Plus, the irrational tweeting leads to irrational dips, which leads to bargain buying.
 
  • Like
Reactions: 1 person
Advertisement

Back
Top