I feel like I'm living in a dream

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Alxndr 22 hours ago

Sometimes things happen that seem unbelievable and we throw the term around loosely, for example "That car was going 200mpgh, unbelievable!" or "A guy only got 10 years prison for murder, unbelievable!". These things don't happen often and we say "unbelievable", but they're obviously not unbelievable.

However when I look at the stock market and see NVDA and Microsoft gaining $50b in market cap value almost everyday, I genuinely think it's unbelievable. You can explain it to me any which way you want but I just can't believe that everyday investors, hedge funds and investment banks wake up and think "Oh these 2 companies are definitely worth $50billion more than they were yesterday so we're going to buy more stock today."

Then wake up the next day and think "After consideration, it's actually worth another $5billion so let's buy some more."

I asked ChatGPT approximately how much income the working world generates per day on average, and after breaking it down, ChatGPT suggested approximately $400b per day. So when Nvidia and Microsoft go up by $50b each in 1 day, that means of the total income for that day, 12.5% of all of it was used to buy just those 2 stocks... WTF?

I am so flabbergasted when I see these companies have valuations of over $4trillion, not to mention Apple being close behind. What does $4trillion even mean? Even the word "trillion" is so infrequently used it pretty much only ever pops up in relation to US or China government spending...

I invest each month but do it through a passive global index fund because I don't like picking individual stocks but I just feel like this isn't real anymore and there's actually someone in the background on a computer just editing the stock price each day.

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salamander 22 hours ago

seek gehrman, the first hunter. he will assist you in being freed from this terrible hunters dream.

https://www.youtube.com/watch?v=1vSCPVptcO8&list=FLC3h5ZTJAyA4jRS4M3twOxA&index=31&ab_channel=HUNTER%27SDREAM

$2 Hero 22 hours ago

It's simple, our fractional reserve debt based monetary system runs on just that, debt. Inflation is intrinisc, a designed feature. When they print 10 trillion dollars that money has to go somewhere. They can't give it to the people or spend it because that would crash the system.

TLDR: Buy the dip.

SympliKrazi 22 hours ago

I don't pay attention to stocks, but what you say is reminding me of the housing bubble of 2008 and the movie called 'The Big Short'.

Not that i know anything, but it sounds like something is going on under the table. Which means inflation will go up, or if it's a big enough bubble, there could be another economic crash coming up.

Golden Freddy 22 hours ago

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Paulie 22 hours ago

Welcome to the bad timeline, we all died in 2012. and instead of just being given the endless dark we've been merged with our counterparts in this reality.

Alxndr 21 hours ago

Originally posted by $2 Hero:
It's simple, our fractional reserve debt based monetary system runs on just that, debt. Inflation is intrinisc, a designed feature. When they print 10 trillion dollars that money has to go somewhere. They can't give it to the people or spend it because that would crash the system.

TLDR: Buy the dip. :InjusticeJoker:

What dip?

salamander 21 hours ago

Originally posted by Alxndr:
Originally posted by $2 Hero:
It's simple, our fractional reserve debt based monetary system runs on just that, debt. Inflation is intrinisc, a designed feature. When they print 10 trillion dollars that money has to go somewhere. They can't give it to the people or spend it because that would crash the system.

TLDR: Buy the dip. :InjusticeJoker:

What dip?

https://www.youtube.com/watch?v=yyXUNLr5L9E&ab_channel=DaFuq%21%3FBoom%21

Bjørn 18 hours ago

I'm not much into stocks and such, but I've heard (around here, I think) that the stock market and the economy are two very different things, whatever that means.

But my impression is that the stock market is based on hearsay and emotions and rumors, for the most part

Should just get rid of the entire stock market to make thing simpler

Paulie 17 hours ago

Originally posted by Bjørn:
I'm not much into stocks and such, but I've heard (around here, I think) that the stock market and the economy are two very different things, whatever that means.

But my impression is that the stock market is based on hearsay and emotions and rumors, for the most part :steamlaughcry:

Should just get rid of the entire stock market to make thing simpler

trading stocks is like betting on whether or not a company will succeed. knowing economics helps you make that bet.

Alxndr 14 hours ago

Originally posted by Bjørn:
I'm not much into stocks and such, but I've heard (around here, I think) that the stock market and the economy are two very different things, whatever that means.

But my impression is that the stock market is based on hearsay and emotions and rumors, for the most part :steamlaughcry:

Should just get rid of the entire stock market to make thing simpler :lunar2019grinningpig:

Actually the stock market is quite important for allowing companies to grow and create new products. A lot of the profit companies make goes towards salaries, office space, ground leases etc. By allowing outsiders to purchase shares in the company, it increases the stock price so when the company need a large chunk of money for R&D or to straight up buy another smaller company, they can sell some shares to the public.

A prime example of this is Jeff Bezos with Amazon and Blue Origin. Jeff has been selling $1billion a year of Amazon stock to fund Blue Origin.

Or when Tesla sold $5billion to fund the construction of their new gigafactories.

Or when Facebook sold $3.9billion in shares to buy snapchat.

But then you have the alternative option of dividend companies, some companies that can't really grow anymore but make a lot of profit give out some of that profit to their shareholders, basically as a thank you for investing in the company.

Last edited by Alxndr; 14 hours ago

#10

Bjørn 5 hours ago

Originally posted by Alxndr:
Originally posted by Bjørn:
I'm not much into stocks and such, but I've heard (around here, I think) that the stock market and the economy are two very different things, whatever that means.

But my impression is that the stock market is based on hearsay and emotions and rumors, for the most part

Should just get rid of the entire stock market to make thing simpler

Actually the stock market is quite important for allowing companies to grow and create new products. A lot of the profit companies make goes towards salaries, office space, ground leases etc. By allowing outsiders to purchase shares in the company, it increases the stock price so when the company need a large chunk of money for R&D or to straight up buy another smaller company, they can sell some shares to the public.

A prime example of this is Jeff Bezos with Amazon and Blue Origin. Jeff has been selling $1billion a year of Amazon stock to fund Blue Origin.

Or when Tesla sold $5billion to fund the construction of their new gigafactories.

Or when Facebook sold $3.9billion in shares to buy snapchat.

But then you have the alternative option of dividend companies, some companies that can't really grow anymore but make a lot of profit give out some of that profit to their shareholders, basically as a thank you for investing in the company.

Sounds the opposite of prime examples to me, but then again I'm weird.

Abandon stocks / shares and such, make every business have a maximum of 5 employees, and things would be much more equal.

Might take some more time to develop new stuff and tech, but it would be peaceful

#11

Garou 5 hours ago

Sometimes it seems like you're in a Matrix, coincidences, Déjà vu, finding the same topic or mentions of the same thing you just looked up a couple days ago, insane luck etc... Main charcter syndrome. Just go with it and use it to your benefit. If we're all NPC fakes, you can live your life as you want EZ

#12

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All Discussions > Steam Forums > Off Topic > Topic Details

Date Posted: 30 Jul @ 3:45pm

Posts: 12

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