
FourCrossedWands
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FourCrossedWands replied to PurpleTree's topic in Society, Politics, Government, Environment, Current Events
Yes, Trump and Musk are like a parody version of the nazi Germany. -
FourCrossedWands replied to PurpleTree's topic in Society, Politics, Government, Environment, Current Events
I don't know. He even tweeted to his followers before he officially announced the pause on the tariffs. Seems like some kind of a plan to me. He wants to be popular among his circles, which means he's not completely mad. This to me is a proof he is still relatively predictable and these tariffs are nothing but a theatre. -
FourCrossedWands replied to PurpleTree's topic in Society, Politics, Government, Environment, Current Events
I have said it before and I will say it again: Trump has always been obsessed with the stock market going up. He has been trying to force the FED lower the rates since his first term, so the stock market could go up. Now, he has seen the stock market went down too much to fast, so he backed off and turned 180 degrees. All his actions are to make the stock market go up as much as possible at the end of his second term, so he will look "good" and his cronies will make a lot of money. Now you can decide if you want to be part of it, or stay away from the devil. -
FourCrossedWands replied to PurpleTree's topic in Society, Politics, Government, Environment, Current Events
Trump just rug pulled the stock market. It was all planned after all. Stocks are up 15-20% today. I bet his cronies made billions. -
Young people used to invest in themselves and start businesses. Nowadays, they just gamble on crypto and meme stocks thinking they will become rich without lifting a finger. A recipe for disaster.
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Managed to grab some BRK.B at the bottom. It has ranged between $460 and $505 today, which is absolutely crazy for such a stable stock. I am not sure if it has ever happened before.
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Fair enough, I still don't understand how you can say that Bitcoin is inflated at 80k when the last top was around 65k four years ago. It's a dying asset and the last big bull run was before the Trump's inauguration. Everything positive has already been priced into Bitcoin. The FED will never allow it to be used as a reserve currency or similar.
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A lot of people here are trading, not investing. Even Leo tries to trade Bitcoin and gold. Trading: Buying and selling mostly based on charts and current events. Doing frequent research and timing the market. Investing: Buying and selling mostly based on long-term fundamentals. Doing one big research and staying invested for a lifetime. Neither of these are bad, they are just different types of approach.
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It's not that easy. Recoveries don't happen overnight. You will need to wait months for buying signals.
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Or, this might be the last chance to get out before it crashes even more. You might as well just flip a coin right now. Personally, I am just waiting until BRK.B crashes a little more and buy that one. It is a cash cow. I am not touching anything else right now.
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The ideal scenario would be no tarrifs/taxes between countries and no income tax for the poor. Only mega rich should pay high income tax. Even Warren Buffet and Bill Gates admitted the US tax system is corrupt, and the rich should have higher income tax.
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Even Putin said he liked Biden more as a president because he was predictable.
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Imagine if Europe removed the current tariffs. 0% tariffs between US and EU. That's what I would call a happy ending.
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Rolls Royce is the shit. https://www.fool.co.uk/2025/04/01/forecast-in-12-months-the-rolls-royce-share-price-could-be/
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Yeah, Elon will announce something new, the stock will shoot up to 500, then it will fall back to 200 after a Tweet or something, then it will go up again, and so on. What's the purpose of holding such stock?