Comments by "Ray Bod" (@raybod1775) on "Wall Street Millennial" channel.

  1. Like Nvidia
    42
  2. Wages never rise as fast as inflation. Eventually, people run out of money to spend.
    31
  3. Stupidity to own Chinese stocks.
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  4. Inflation based on original statistics is running at 9% in the U.S. Most things I’ve bought or was planning to buy have gone up about 20% in the last two years. Anyone who carefully buys in stores know packages are shrinking and costs are going up quickly. We are all being scammed by central banks.
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  5. Jail time for executives and shutting down businesses for racketeering charges will solve business crimes.
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  6. The main bottleneck is local infrastructure to absorb more homes. It’s extremely expensive to expand water services, increase sewer sizes, increase waste processing, increase electrical services, etc., especially through rock that San Francisco is built on.
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  7. I'm glad hedge funds are getting burned for shorting stocks. They've destroyed many corporations over the years doing this.
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  8. @Matt Conrad Thanks to Direxion, I retired at 59.
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  9. The biggest mistake Germany is doing is not restarting nuclear power plants.
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  10. How many years from now… 2 or 20?
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  11. Corporations are nothing but legal fictions, its the employees that do it and they need to lose their jobs and be prosecuted. Financial crimes will continue until employees serve time and the corporations themselves are prosecuted as criminal organizations and put out of business.
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  12. They’ll likely stay 2 years behind.
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  13. If Tesla was a purely electric car company, you would be right. Tesla has the most advanced self-driving technology which has great future potential. Tesla has been strategic in cost and practicality in developing self-driving technology. Also it’s a battery company with associated businesses. I was a Tesla skeptic until a couple years ago.
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  14.  @pvp216  Old people are targets because many of them have failing mental capacities.
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  15. Cheap borrowed money leads to a bloated and high inflation economy like today. Higher interest rates give more value to dollars, so will eventually lower interest rates. Higher interest rates will also bankrupt zombie corporations like wework which only continue to exist by close to zero interest rates. Eventually the economy will slow down or possibly crash, slowing or stopping inflation. Then interest rates will drop and we start another growth cycle based on cheaper money to borrow.
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  16. Nvidia literally has no competition for most advanced processors.
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  17. I live by Diet Mountain Dew.
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  18. Corporations buy their own stocks by creating bonds to sell to Federal Reserve which creates new dollars to buy bonds. Federal Reserve has no limit on how many dollars it creates.
    3
  19. No, Federal Reserve was created by an act of Congress, so can also be dissolved by an act of Congress and does what it’s told by the President. President of the Federal Reserve is appointed by President of the United States. Politicians in the U.S. are bought and sold by large corporations, about 90% owned by the wealthiest 10% of the population.
    3
  20. TSM is the biggest winner as well as other chip companies
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  21. Politicians would only balance the budget if a Constitutional Amendment forced it. Both parties spend money like it’s nothing.
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  22. He had over a 1.1 million for a very short time. Once he lost half a million, he should have quit.
    3
  23. Twitter is back to making money.
    3
  24. Swift is supposed to have amazing concerts.
    3
  25. I’m envious, I don’t have enough hair to transplant.
    3
  26. There's more to Tesla than cars. It's largest profit potential may be its battery technology and charging stations which it could allow other electric car companies to use. I'm personally disappointed in its self-driving AI because of my own knowledge and background in software development, it should be better by now.
    3
  27. AI is like an inaccurate talking encyclopedia, nothing more at this point.
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  28. Communist made crisis.
    3
  29. Not just Congress, but close family members need to be in blind trusts.
    3
  30. Biden got voted in over Trump who was trying to become Supreme Leader through voter fraud.
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  31. How long has computer boom and internet boom gone on? Why would AI be any different?
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  32. Hedge Funds also get direct access to cheap Federal Reserve dollars.
    2
  33.  @roseoverdose6451  Bitcoin isn’t much different from corporate stocks that make no profit.
    2
  34. Weight loss is complex. I gained weight due in part to illness. I once brought my weight down on average 80 pounds and have been unable to lose more. I’m still 40 pounds overweight. My metabolism would slow down as much as I reduced calories.
    2
  35. Lucid and Rivian are likely to go bankrupt before they can make substantial sales.
    2
  36. Great investing advice. Accept mistakes, get out and move on.
    2
  37. My experience from my former employer when they switched to work at home. IBM did work at home years ago, then stopped because of a drop in productivity. The pandemic made work at home necessary, but my opinion is it will be used much more selectively.
    2
  38.  @ascensionblade  Stocks go up and down. Tesla is still 20% higher than 4 months ago.
    2
  39. You have it backwards, the corporations in the U.S. control the parties and government.
    2
  40. Stocks get overbought, then oversold
    2
  41. Inflation will reduce value of Social Security and increase Social Security taxes at the same time. This will save Social Security, but not keep elderly out of poverty unless they are financially prepared.
    2
  42. This sort of thing happened in 1929.
    1
  43. It’s easy to add a digit to costs, so using digital dollars in trade doesn’t mean the dollar holds value.
    1
  44. Take off like internet
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  45. Don’t be fooled, the real inflation rate in the U.S. is running at 13% based on the original inflation statistics which were changed after the 1970’s.
    1
  46.  @brullotj  Inflation is running about 15% using old methodology, same as 1970’s, Shadowstats shows inflation using older calculation methods.
    1
  47. CIA
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  48. Yes, 20 to 40 years from now AI will crash.
    1
  49.  @samsonsoturian6013  Spread the wealth around, why shouldn’t everyone get a cut.
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  50.  @Peowcatpeow  If only… people prefer cat videos and stupid people tricks
    1
  51. China is banning crypto because it makes it easy to move money out of China.
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  52.  @manfreds.6384  Inflation calculations were changed in the 1970’s to include replacement items and a few other things to lower inflation numbers. It’s called shadowstats. My mistake, only 9% inflation.
    1
  53. Fed is the wildcard.
    1
  54. Hedge funds can't get away with what they used to get away with. People have learned to find out what risky hedged bets hedge funds do and do the opposite. More and more people pile in and these hedge funds wind up in the losing end.
    1
  55. Fed said the 4 trillion dollars they created in the last two years only created transitory inflation, now inflation is somebody else’s fault.
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  56.  @SciloMendez  Not luck with market timing… lots and lots of work and pushing one’s ego out of the way.
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  57. If AI was done correctly, self-driving cars could be done within 5 years. Unfortunately, they seem to rely completely on self-learning AI programs which don’t ‘know’ or don’t ‘remember’ or have no entry system to prevent repeated types of driving errors.
    1
  58. Huawei and other Chinese corporations are collapsing because of the CCP (Chinese Communist Party). Chinese companies are obliged by law to spy for the state. Successful business leaders who fall out of favor are being locked up and their property taken by the CCP. All major decisions by corporations need to be approved by CCP. Read the book Red Roulette, a real eye opener.
    1
  59. China need to hunt down Lu Yi who headed the bank fraud, like what Israelis did to hunt down ex-Nazis that fled justice.
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  60. Not a bad idea to buy bonds now.
    1
  61. No, extremist left wing Democrats will make people vote Republican next election.
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  62.  @yann6753  Almost same in U.S. with Federal Reserve creating over $7 trillion dollars plus $120 billion a month to keep housing prices, stock prices and inflation high.
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  63. AI is not hype. There are limitations and those that can are working on ways to get AI past these limitations.
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  64. He’s a free market no regulation Republican hedge fund guy. Look at his big Republican ring, a Democrat would wear an earring.
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  65. No more bitcoins are being made, unlike the way the Federal Reserve keeps creating trillions of new dollars.
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  66.  @chinogambino9375  Trillions of dollars are being created without a corresponding rise in GDP which causes inflation. The dollars are being used to preserve the status quo in the economy.
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  67. Stupid is what stupid does.
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  68. All governments needs to put scammers in jail, one year per person they scam.
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  69. You are right, the party is over. 90% of people are not as productive working at home with some people going to zero productivity. Businesses can’t afford full time at home employees.
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  70.  @michelbruns  Having someone else’s hair creeps me out.
    1
  71. China is becoming like North Korea. The foreign smart money is leaving, as well as the smartest and wealthiest Chinese.
    1
  72. The politicians are bought and sold by corporations. A normal person would spend years in jail for what big bank employees do.
    1
  73. We have the right to vote and freedom to speak our opinion in the U.S. We have thousands of individuals who work at keeping our elections free and fair. We voted out Trump. People will likely vote out the Democrats next election because of the Democrats anti-White racist ‘woke’ culture, lack of understanding that people need to work and compete for our economy and country to stay strong.
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  74.  @StanOwden  You are displaying a complete ignorance about how voting is handled in the U.S. so obviously you are in total denial or more likely from a foreign country. Elections are handled by local governments supervised and verified by each of the 50 states. So in every state there are hundreds to thousands of volunteers verifying the validity of each vote. There is no ‘big brother’ like in Russia, China and other virtual dictatorships not counting votes and putting up phony figures. Trump illegally tried that and should be prosecuted for what he did, it’s on a recording for all to listen to.
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  75.  @StanOwden  You really like to slander people who work to clear up voter rolls. I guess you never heard that voters are automatically purged from voter rolls when their deaths are reported.
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  76. Communist China is simply doing what communist dictatorship does, total control over all its people and their economy. That’s why no free country should trade with China, because freedom is antithetical to communism.
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  77.  @kellieables2807  I was good for a while with market timing by working 4 hours a day on it, putting money in and out of Direxion 3x stock funds like NUGT and SOXL, averaged 20% to 30% return for several years after 2008. Fortunately I accumulated enough to retire. Unfortunately I became severely sick at one point and it affected my mental abilities to see the patterns in the stock market. Lost the ability and haven’t gotten it back.
    1
  78. Free markets are no longer free when dominating a sector of the economy.
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  79. Maybe people will go back to constructing housing.
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  80. Before President Bill Clinton there was the Glass-Steagal Act that separated banks and investment businesses. Clinton and the Republicans repealed the Act.
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  81.  @OrbitX2  You ignorance of the U.S. voting system is overwhelmingly. Tens of thousands of people are involved on a local level to verify voters and keep voter rolls clean.
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  82. The Federal Reserve does nothing but transfer wealth from poor and middle class Americans to the wealthiest through inflation. The wealthy keep their money in stocks which are given cheap new money created by the Federal Reserve, which trickles down to the lower classes causing higher costs for goods.
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