Stock market charts you never saw (2021)

Post by pessimizer » Thu, Jan 19, 2023, 9:55 PM UTC

not_math wrote: post #88

nostromo wrote: post #78

The Titanic was built a bit over 100 years ago for 1.5m pounds -- today that'd buy you a nice London two-bedroom apartment. I wonder if in 100 years from now, people will casually be talking about their nice (but modest) London two-bedroom apartment they bought for 100m pounds.

The Titanic cost $7.5 million to build, which is $200 million in today's money (as of 2020) [1]. I'm pretty confident this is not the cost of the average flat in London. [1] https://www.history.com/news/titanic-facts-construction-pass...

Post by TylerE » Thu, Jan 19, 2023, 9:57 PM UTC

moloch-hai wrote: post #112

Off-topic... I was looking up NRGV, the fraudulent energy storage company (the one with concrete blocks and cranes) which hit $2.4B last year and then fell to a sixth that, before drifting up a bit. According to analysts, if I read the summary right, it should be considered worth $1B, short-term, and $0, long term. Last I checked it had $90M in cash, down from $100M a few weeks ago. Now, with $90M they could buy an a…

Post by 8note » Thu, Jan 19, 2023, 9:58 PM UTC

ghaff wrote: post #103

NovemberWhiskey wrote: post #86

Earlier quoted context omitted.

You can absolutely die with zero: buy a life annuity and let someone else worry about the problem.

I think parent is saying that you can't die with zero if you plan to live off dividends. (Because you need to keep owning the stock throwing off the dividends.)

Post by [deleted] » Thu, Jan 19, 2023, 10:01 PM UTC

moloch-hai wrote: post #112

Off-topic... I was looking up NRGV, the fraudulent energy storage company (the one with concrete blocks and cranes) which hit $2.4B last year and then fell to a sixth that, before drifting up a bit. According to analysts, if I read the summary right, it should be considered worth $1B, short-term, and $0, long term. Last I checked it had $90M in cash, down from $100M a few weeks ago. Now, with $90M they could buy an a…

Post by zitterbewegung » Thu, Jan 19, 2023, 10:01 PM UTC

devops000 wrote: post #124

It’s very common nowadays to see people suggest investing into S&P500 ETFs and keep them forever. More then 20% of US population owns stocks. I think we are near a change into this paradigm.