sneaky

joined 4 months ago
[–] sneaky 1 points 2 months ago (2 children)
[–] sneaky 2 points 3 months ago

Right on man, I'll do some more research on it :)

[–] sneaky 1 points 3 months ago (2 children)

My thoughts the last several months about chip stocks has been to find companies within the US that are going to be able to manufacture. Originally I was thinking Intel, but kinda forgot about this sector and never jumped into anything or did much research.

Seems to me that both sides of the aisle realize that we need to reduce our dependency on goods from Taiwan, chips especially. With geopolitical tensions on the rise we may have supply lines cut. Politicians may be planning to LET supply lines get cut if it means avoiding a war with China over Taiwan. Nobody really knows what will happen quite yet. If I were going to play around in that sector I'd be looking for companies that can produce locally. Then plan on waiting a couple years.

I hadn't heard of SAP until reading your post. Again, I'll note that I did little to know research. I glanced at their website, saw the letters AI, and noped outta there. Looks like a relatively successful SalesForce competitor, but not an industry I understand fully. Could work out. Very few are going to get you rich tomorrow.

The lesson you're probably going to get is that it pays to hold on during the rough periods. It can be difficult to determine sometimes what is a bad stock vs just a bad time period for the stock. Pretty sure we've all had a ticker we sold at a low only to see we could have been in profit a few months or years later.

[–] sneaky 3 points 3 months ago (1 children)

Welcome to Lemmy. I get where you're coming from. I run a business and I have had to ask straight and gay couples to tone down their PDA. Sometimes they respond poorly and I have had them downplay what they were doing as if I wasn't just watching it... Unfortunately letting that kind of thing slide negatively impacts how other customer view my business. I can't have people groping each other when a family walks in.

To the point of the people not comprehending the full scope of what you're saying, obviously this situation got violent and that's uncalled for. Straight or gay violence isn't the answer.

[–] sneaky 13 points 4 months ago (1 children)

Came here to say this, but shorter. Imagine my surprise to see "Positivity" first word in the top comment. I know we don't all agree on everything, but the vibe on Lemmy (for me at least) seems to be share our views or shut up.

The other thing is how political everything seems to get. Even outside of political communities you see it seaping into the comments. I might be remembering wrong, but reddit didn't seem to have that issue (as much). If you weren't in a politically orriented community the mods kept that kinda talk out.

All that being said, I'm sticking with Lemmy. I don't hace any desire to go back to reddit even as a lurker. I hope lemmy gets nicer as more people join. I've embraced being downvoted. I will try to love communism and linux to a greater degree than I already do.

[–] sneaky 1 points 4 months ago

Reddit forces me to use their app and Lemmy forces me to recognize the bad in everything. The internet is basically trash now.

[–] sneaky -1 points 4 months ago

Corporate greed is part of what I laid out. Inflation is complex and happens regardless. Certain things can have a larger impact on the rate of inflation. Introducing monetary supply in the form of wages or stimulus is one of those things. I'm all for higher wages. What I am trying to get across is that we also need to recognize the impact we have. Corporate greed exists. People want money. It makes sense. It is further driven by us having the money to take in the first place. If the product or service doesn't get purchased the price lowers until it does and/or the business fails. All I am saying is we as consumers could do a better job being mindful of this. We don't have very much control in this system, but we do have some. Of course we're not united in this so it probably doesn't matter. If you don't buy the 2k phone your neighbor probably will.

[–] sneaky -5 points 4 months ago (2 children)

When the majority gets more money companies raise prices and you feel poor anyway. Mass wage increase sounds nice in the short term but leads to all the inflation articles you've read recently. Money feeds up. This can be prevented by reduced demand for goods and services. As in, when you obtain disposable income you... Don't dispose of it.

Energy, living costs it can't be done. Necesities. But a lot of areas you can make real change by voting with your dollar. For example, if you don't think the new iphone should cost 2 grand because that's absurd then don't validate the company's plan by buying it. Reduced demand causes reduced price until we find a balance. That's how this horrible evil capitalism is supposed to work.

One of the problems is we as consumers suck at voting. We want the new iphone. So a majority of us buy it anyway. On credit. And Apple raises the price next year becase "it worked last time"

[–] sneaky -1 points 4 months ago

Not really agreeing or disagreeing with any of this, but I feel compelled to say I was interested in GME this time around based on what Mr. Gill stated about them now having a pile of cash on hand. Sounds like a good place to be with some potential. So I figured that was the case last time too right? I didn't really follow GME the last time this stuff went down. Makes sense they would have ended up sitting on a pile of cash then. Went back and saw how they ended up using THAT cash and waaasss not impressed. To each their own but I think that two billion is going in the toilet.

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