Recent comments in /f/wallstreetbets

spiicyMangoo t1_jefbf67 wrote

Reply to If you invested 100 dollars in S&P500 in 1980 and reinvested dividends you would have 11,000 today. Stop gambling and start investing. by [deleted]

The problem with this post is that you are assuming the US economy will be as productive as the past 30 years. There is a real probable change that as global competition rises in productive areas, e.g., manufacturing, technology, etc. The US share of global market contribution decreases. The S&P500 has a decent portion of companies that rely on economic rent to generate profit and increase share price. Whether you like it or not, the us relies not only on citizens becoming educated enough to produce wealth through knowledge, but also from importing a lot of the brain power from other countries. Just pay attention to the trends. I do think S&P500 will increase as we are a productive country, though it's arguable that we will see the same magnitude of increase as we've seen in the last 30 years..

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computermademedoit t1_jefb8hp wrote

Reply to "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover

the big banks are unironically fine

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yes some took some losses on the same bullshit that SVB was doing - buying long term bonds bc they were greedy and the returns were better than short term bonds

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but the big boys like BAC arent as regarded as SVB. They took some losses, but not catastrophic.

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the deposit runs will probably actually help them. BC where are you taking that money? under your mattress?

no what you likely are doing is going and buying a CD at 5% or putting it in some 3.5% - 4% savings account at a big bank

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overall the banking system is basically fine.

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this guys got some great videos on it, as always -

https://www.youtube.com/@PBoyle/videos

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Personally i bought BAC at around 26.5.

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I mean look at this BAC chart, this shit goes back all the way to 2008. just a fucking escalator up and trading within that range for 15 years. If you arent buying it here, at the bottom of that range, personally I think you're a moron populist who just wants to see the banks fail bc that plays into your doomer philosophy. And you're dumb doomer shit is costing you opportunity. but thats just my take.

https://preview.redd.it/pmqc680g55ra1.png?width=1463&format=png&auto=webp&v=enabled&s=8b504d819ef455e23f3300f6e52691280b6aad57

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VisualMod t1_jef9o1x wrote

Reply to Was a couple weeks early by newreddit2022104

>The market is going to rebound today, and the bears will be left regretting their decision to short. Technology stocks are leading the way, so expect big things from them today.

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