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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (212005)11/11/2022 5:09:56 PM
From: Doren1 Recommendation

Recommended By
OldAIMGuy

  Respond to of 213177
 
OT darker humor. If ever there were two industries that created billionaires... without creating anything of use...

gigantic man hours...

not going to solve the housing crisis, even though we have this idea that ever larger percentages of people pushing paper is "good for the economy." Nothing like the dot com crash.



To: Art Bechhoefer who wrote (212005)11/11/2022 10:54:54 PM
From: Stock Puppy1 Recommendation

Recommended By
Doren

  Respond to of 213177
 
Crypto, as well as lottery, your risk is the money you put in, no more - so I don't understand your point that the potential losses are infinite with crypto.

Real estate as well as selling short you can have infinite losses.

Putting money into lotto and practically all the time you will have far greater losses than gains.
So long that people give a value to crypto, it'll have value -
and bottom line, if I put $1000 into lotto, it's almost a sure bet (heh) that I'll end up with far less money than if I bought crypto, at least one that was researched (I still LOL at "dogecoin" - sheesh!)
therefore my contention that lotto is, far far riskier than crypto.

I agree with (and my experience agrees with) you statement about Apple.