Alex

Anyone else have ice chips for dinner tonight?

They’ll be lining up soon enough.

The big story today were the massive tech drops of $GOOG $AMZN and $INTC after earnings. It put an enormous spotlight on AI spending vs returns. The extreme capex numbers are devastating companies stock price right now. I don’t remember too many days with -10+% after hours. As alarming as that is, these stocks now sit at or below their prices from a year ago. I personally believe we have 1-3 more big AI stock runs before this has essential “run its course”. These companies obviously have room to grow and aren’t going anywhere anytime soon. Remember people, especially with Google and Amazon, as long as you’re looking at this with a long term horizon, what would be the reason to not buy these stocks today or tomorrow? Take the deals while they’re staring you in the face. Long term these are all huge winners.

The price of buying a Tesla Roadster - investors addition. The base price of a these vehicles requires a $50k reservation deposit. The thrust variation requires a $250k deposit within 10 days. While the price of the Tesla Roadster (rocket variation) is unknown, we can speculate that based on the prices of the base and thrust variations, it will probably land in the $1,000,000+ range. Let’s use $1,000,000 for simplicity. Invest this million dollars in the S&P 500, at a 10% annual return and 5 years later you’re looking at $1,610,510. 10 years out and you’re looking at almost $2.6 million. Between the initial deposit, the remaining price of the car, insurance and maintenance… What would you anticipate the level of net worth needed to afford this rocket variation Tesla roadster? Comment below!

I’m dressing up as Fear of Missing Out “FOMO” for Halloween in an attempt to scare the market into a ripping rally.

Good morning X! Excited for another day serving the community. Hope you all have a beautiful Thursday morning! We’ll have our 3rd post of “On this Day” later today. Tonight we all get to enjoy the best football team on earth, the Green Bay Packers play. Might call for a thirsty Thursday. Let’s make some money today!

WORLD CHAMPS

BUY

Picking up shares of companies like $GOOG when there’s a 10% drop is quite literally free money. I bought 2 shares after hours, but will be buying another 2 in the next 8 hours. What’s the fear with Google? Short term volatility?