Eli5; space x forcing index funds to buy their stock..yah or nay?

[MatureDJ]

You realize Elon's mother and former business partner (Thiel) are both massive creeps, right? Anything Elon does publicly is many decades behind Area 51 and S4. Dude's a bs'er and sh1t-stirrer, but hey at least he's not a progressive, right? As long as he's not that, everything's ok. Here, have a cookie and some koolaid so you don't ask any questions. Enjoy.

Thiel is a peter-puffer.

 

[BillyPilgrim]

Thiel is a peter-puffer.

More importantly, an mass surveillier.

There are those who says he's a reptilian due to his name being an anagram for "The Reptile", but I have yet to see him shapeshift.

 

[craider]

I know. You are " different ". You're even baffled. Because Elon is a good dude? Lol!

Apparently, because I'm actually interested in debating ideas based on merit rather than making emotional appeals like a little b!tch.

And yes, ID politics might bring people closer as it at least tries to represent a broader audience. Not everyone is blonde with blue eyes....if anything that's a minority of you look at the entire world and its population. The 80's won't come back mi amigo

Go off, racist. Honestly that level of hypocrisy inside of few seconds is literal clown-level cognitive dissonance. You might want to reflect on this and take a look in the mirror if you think that what you said makes you righteous. Ultimately your shortcomings are your own and not due to some imaginary white (or whatever other color) bogeyman. Most of us are on these forums because we recognize that and intend to improve ourselves and help one another.

You realize Elon's mother and former business partner (Thiel) are both massive creeps, right? Anything Elon does publicly is many decades behind Area 51 and S4. Dude's a bs'er and sh1t-stirrer, but hey at least he's not a progressive, right? As long as he's not that, everything's ok. Here, have a cookie and some koolaid so you don't ask any questions. Enjoy.

Yes I realize that most high level business people and politicians are extremely power hungry and have weird personal lives due to their warped views. So what? It sounds like you're also endorsing progressivism as "the right side of history", like @Gamisch. Will you be making racist remarks as well if I don't immediately provide an endorsement?

More importantly, an mass surveillier.

There are those who says he's a reptilian due to his name being an anagram for "The Reptile", but I have yet to see him shapeshift.

We've been under mass surveillance for a while, all our historical internet traffic of merit is archived and will be decrypted with quantum computers, and AI will analyze everything automatically. That's what all the data centers are for. You can complain about Musk and Thiel but it's really the whole government, and also every other government in the world. Sorry.

 

[plumber]

Okay. I somewhat misunderstood the deranged part my bad. I was merely hoping that anyone with trading experience could explain it all in layman's terms.

Apart from how one feels about Elon Musk.I dont really care about his persona tbh. Because I dont wanna feck around with my hard earned money I wanna make well informed choices!!

On one hand it's all looks like a scam, on the other hand it looks like an opportunity...oh well I just keep my cash in my stacked in my pillow.

your in good company. lots of people in the same situation. pulling out of the bottom with force of will and actually doing it. paying cash instead of credit. then wow, there is extra cash... now what.

lots of people willing to help with that.. haha...

i assume your busy with doing your thing and whatever that is; its working. probably takes all your time...
if you have an account in a large bank go make an appointment with a financial adviser from the large bank that you already have an account with. tell them what you want, just like you would here. if they give you a small set of conservative funds with proven growth over years, consider that. this gives you a person to talk to that can help you avoid emotional decisions. as with all things, you have to find one that is willing to help you and not just take your money. then you stack as much as you can in. you should be using ira and roth as much as you can. they will explain it to you and the tax thing is very real. you will pay them between .5 and 1.5 percent of your money per year and they will or should get you 6-13 or 14 percent a year. sometimes more, sometimes less. usually more... then you keep doing what you do and just let that grow. when your 55, you will have alot of money... depending on lots of other things, perhaps much sooner. while this is running you can learn the other tools as you have time and convert as you learn.

you can do much better by handling some of it yourself. and you can do much worse by yourself. for example you can just buy one of the S&P 500 index funds and just let it run. it will go up and down, but mostly up. you have to watch it yourself and think about things like should i sell, what if..., im scared... you will make more money but your on your own.

you can pick your own stocks and do much better, or much worse. take a look at caterpillar and ge verona for the last couple years, along with nvidea for the last 5 years. picking takes knowledge that you may or may not have. some of it is common sense, but by the time its obvious the best time to purchase is past. for example, we all know money is flowing into AI data centers. those need power, power needs stuff to make it and make it flow. what is the changing pattern, that's the key.

 

[craider]

If you've never invested before it's worth picking up the Intelligent Investor from Graham and then something on modern portfolio theory and active management if you still choose to pick your own stocks.