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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 3:59 PM EST
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To: Zen Dollar Round who wrote (211999)11/11/2022 1:22:33 PM
From: Stock Puppy2 Recommendations

Recommended By
Doren
Zen Dollar Round

  Read Replies (2) of 213177
 
Bah, and crypto? Still all smoke and mirrors, financially. Can't see through what isn't transparent to begin with, and my crystal ball is still broken with that market. The fact discussion of fictitious computer code currencies took up so much airtime on CNBC yesterday is the bellwether of " irrational exuberance" if I've ever seen it. Yep, that's a reference to Alan Greenspan, him I remember.


But but but - it's a new paradigm! (Remember that one ?)

But there are entities that are using it as intended so...

But lots and lots of noise and scams in that arena.

I have some invested in crypto, not much (actually more than I like now since it has appreciated)-

What I tell my kids
I categorize my money interns of risks, and I consider crypto to be very risky - somewhat better than the government lottery (which is throwing your money away - I'll buy a ticket once every couple of years - actually usually someone goes me as a present. I don't find lotto interesting).
Risk --->
---Cash-Bank---Treasury-----------Mutual Funds------------------------------------Individual Stocks-----------------------
------------------------------------------------------------------Crypto--------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------Lottery

Although overall I've done better with stocks than mutual funds mostly due to Apple.
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