Comments by "Zach B" (@zachb1706) on "The Plain Bagel" channel.

  1. I don’t think Elon has a clue how mining works
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  2.  @coopsnz1 Australia is actually a generally low taxed country compared to other developed nations.
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  3. The Fed could have avoided this had they done their job and bailed out US Bank.
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  4. If your loss drops below a certain point, your brother will force you to make a margin call. If you cannot pay up, they will close your position and leave you with a loss.
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  5.  @flippatheshippa  A million is close to what you will need to save for retirement. It's alot, but definitely not out of reach
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  6. All these countries around the world are trying to be a "welfare state" without realising that requires a strong economy behind itself. I reckon a big reason is to do with the UN and its subsidiaries
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  7. Inflation of the dollar means its cheaper for other countries to buy US currency
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  8. +11% upfront commission +1.5%/yr fee +20% sales commission +hidden fees not mentioned +added risk of being a speculative asset that isn't held under the same regulations and scrutiny of say stocks
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  9. Raw materials will be more expensive because the cost to extract them will go up. You also aren't taking into account the initially higher demand for goods as people have more excess money, and an initially lower supply of good because it becomes more expensive to produce them. Double everyone's wage, and prices will double to compensate.
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  10. A broker will lend the stock and will take the interest and commissions as profit.
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  11. Stock prices go up, so companies sell a new batch of stocks and make extra profits. This goes into building a new factory, or developing a new product, ect.
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  12. Someone having subs doesn’t say anything about the degree. YouTube doesn’t require qualifications
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  13. Australia has essentially the same problems. - Massive amount of liveable land, but everyone lives in cities. - Constantly growing regulations makes it take too long, cost too much and too risky to build new housing. - Councils and state governments restrict densification. - Massive immigration that doesn't target construction. - A large mining/drilling industry which is taking workers away from construction as the price of raw materials exploded over 2022. - A heavily regulated risk-averse banking industry.
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  14. The casino analogy implies three things: 1) Your investments don't have any tangible product or object behind them 2) You are working against the system 3) Choosing investments is nothing more than picking a number Both are false. When you buy things on the stock market, you are purchasing a piece of a company. The investment isn't like a number on a roulette wheel. The stock market has been extremely favourable to investors, sporting huge returns. Average returns on the stock market have been around 10%/yr for the past century. Choosing an investment is different from a guess. You will look at the underlying asset, it's fundamentals, it's competition and it's future prospects. It's the opposite of a random guess like you would make in a casino.
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  15. Be a productive company?
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  16. Wouldn’t options be a better alternative (instead if futures) as they can be used at any time (instead of a desired date)
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  17.  @franciscocz8384  Python is probably the better choice. It’s simpler and has a lot of tools for data analysis. If you really need performance, you can use an extension like Cython.
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  18. Greece was a developed country
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  19. Is it possible to access short stocks that don’t have the risk of your broker just forcing you to close your position? Also, it possible for me to lend out my stocks to short sellers to gain some of that premium?
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  20. Shorting isn't just about the highs, but the lows. Without shorting, market volatility would become more detrimental. Shorts provide a necessary buying force during a market downturn. Let's say company A has a big controversy, which hurts investor confidence. All of a sudden, investors will start selling their positions and without any substantial buying force the price will continue to fall lower and lower. There are other benefits, but the essense behind it is making money off of bad companies. Gamestop doesn't deserve to survive, they are behind the times. That's why they were shorting so much.
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  21. The us will see a slow decline, not a quick default like Greece.
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  22.  @red3d364  so the government essentially running the healthcare system (as we see in countries like the UK) has no relation to socialism (where the government essentially runs everything)? Onto your second point, if the social programs were cost effective and well managed, then Greece wouldn't have defaulted on it's debt.
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  23. Are you seriously telling a financial analyst how to do his job?
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  24. It’s not the Year of Trump, it’s the Year of Trump, AI and Crypto. Which is pretty apt, Trump’s election has lead to a surge in tech stocks, the NASDAQ hitting a high not seen in 2 decades
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  25. Rent your whole life and you'll end up the same as a home owner, but you'll have no assets for retirement
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