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lain, author of the quixote

@lain@lain.com remote

> Trump says US would be ‘unstoppable’ in armed conflict over Greenland but says he won’t use force

TACO

≠ HER PENIS ≠

@amerika@annihilation.social remote

@lain

He got what he wanted: more troops on Greenland.

In the long term, the Europeans will invite the Americans in for the naval/air defense.

h4890

@h4890@alive.bar remote

@amerika @lain This is a wonderful interpretation, and one I think Trump himself will use, _if_ he won't make any progress with acquiring Greenland.

On the other hand, it can be argued that he could just have asked and avoided negative stock market effects making life worse for 100s of millions of people. It's kind of using a nuke to ask the guy next to you to stop farting.

Regardless... Trump is always great entertainment, and watching the inept and spineless EU leadership is also quite fun from a certain detached point of view.

Vox

@Vox@noauthority.social remote

@h4890 @amerika @lain

A stock market dip doesn't make life worse though. It means everything at the NYSE is on sale. I'm buying.

h4890

@h4890@alive.bar remote

@Vox @amerika @lain For you and me, this is the truth!

But I was thinking more about the general public.

Like you, I bought recently. One of my online casino holdings unexpectedly dropped 20%, and it does that every 4-5 years or so, so I refilled.

Dividend was at 7.25% at the dip which is very nice! =)

With that dividend, they basically only need to maintain their marketposition, and it will be a nice investment over time.

Vox

@Vox@noauthority.social remote

@h4890 @amerika @lain

Yeah, I missed a nice dip in CoreWeave a couple of weeks ago. I set my limit one point below where it bottomed out. Next day it rallied 14 points. I was sad, and a little miffed at myself for getting too greedy. I'm not gonna miss this one!

h4890

@h4890@alive.bar remote

@Vox @amerika @lain My strategy is extremely long term, so I never quibble about cents when I buy. But if you are more about the short term, then I understand why it might matter.

Replying to @h4890@alive.bar

≠ HER PENIS ≠

@amerika@annihilation.social remote

@h4890 @Vox @lain

Some of the best times to buy are market panics like right now. Most people have no idea what the future is going to be like, but you guys have a good idea of the general direction so... a good time to buy ammo stocks (or equivalent).

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Replying to @amerika@annihilation.social

h4890

@h4890@alive.bar remote

@amerika @lain @Vox I think it might be too late for ammo stocks, but those are famous last workds on the other hand (hello nVIDIA!).

For me, the basic strategy is to look at the stock market trend the past 30 years (it's up) and then buy a diversified set of boring stocks that pay a good dividend. Then I try to selectively reinvest the dividend, and should one of the companies not perform well, I sell and replace.

Add to that some smaller experiments with growth stocks, which are not successful 8 out of 10 times. The benefit though, is that on the 2/10 times the profit more than offsets the 8/10 investments. It is frustrating, but it does payoff in the end, which is why I keep experimenting with growth stocks where I invest about 1%-3% of my portfolio from time to time.