DOGE
- Thread starter GURPS
- Start date
Elon Musk claims some recipients of Social Security checks are 150 years old https://trib.al/GVVdkL3
https://x.com/nypost/status/1889436233027236327/photo/1
PeoplesElbow
Well-Known Member
Not saying this is on the up and up, but entirely possible since its really only a factor of 5.
Since 2020 my net worth has tripled and it isn't nearly that high so I couldn't afford to be as aggressive as someone that had "millions extra". On BIdens inauguration day NVDA was about $13/share and today its a bit over $130. I couldn't have sunk a big chunk of money in it, but what I did sink a bunch of money in was WMT which has gone from $50 to $100 and one of my favorite stocks ET which has gone from $6.50 to $20 all while paying an 8% dividend.
Clem72
Well-Known Member
Elon Musk claims some recipients of Social Security checks are 150 years old https://trib.al/GVVdkL3
https://x.com/nypost/status/1889436233027236327/photo/1
Heyoo, why the president letting that dude sit in his chair during his press conference?
Clem72
Well-Known Member
Never heard of ET, but if you got in at $6.50 and it's paying 8% (apparently 6.5% right now), that's around 20% dividend based on your initial investment. That's a hell of a deal.
I have a million almost-rich stories, because I keep picking the good stocks but I don't invest very heavy into them and then I jump out when I get 2-3x my money instead of riding it out. My biggest regret is only putting $10k into AMD when it was $4 a few years back and then jumping out when it got to $11.
Oh yeah, nothing corrupt going on there.
Grumpy
Well-Known Member
About 10 years ago, I started to make a list of congress critters net worth at their initial election to Congress and current net worth..Lots of digging and got through about 20 names before I got tired of it. I remember, of the names I did, that their net worth went up 20-40%. The percentages really came down to how long they had been in Congress. Most of the people I did had been in Congress 10 yrs or less.
IIRC Pelosi's husband put himself in a position to sell off old federal property, picking up 10's of millions in real-estate fees handling the sales
PeoplesElbow
Well-Known Member
ET used to be CEQP, I got in March 2020, dumped almost everything I had in my Roth IRA into energy stocks and a small medical supply company that made surgical masks. Still think my record is buying Michaels though, only got a few hundred shares and it went from something like $2 to going private with a $20/share offer.
It’s worse than you think. Evidently very little went to the HOTEL for rooms. Something like 40 mil went to food, SECURITY and other stuff.
They TOOK money from hurricane victims shivering in cold and snow - those people are living in tents and trailers far from a city - and illegal aliens are getting room service in a luxury hotel.
And clearly others are pocketing money.
They should take them all to western North Carolina and let THEM decide.
The thing is - if you’re in Congress - and you hear stuff - is it strange that you might act on it? Even though a lot of it is information most people will never know?
I’m not defending them. I’m just saying, you have a colleague, they tell you they made money - sure, it’s insider trading. They tell you how they make money at speaking engagements. And so on.
If we don’t want them cashing in on their “celebrity” - we need better controls. We already have Congress critters who think of themselves as special royalty.
Good. Effers. As far as I'm concerned those bitches embezzled that money and should spend the rest of their lives in prison.
Sneakers
Just sneakin' around....
I'd send them to NC, TN and FL to work their asses off helping rebuild. THEN send them to jail.
Good. Effers. As far as I'm concerned those bitches embezzled that money and should spend the rest of their lives in prison.
Oh yeah, nothing corrupt going on there.
That's better than Hillary Clinton investment luck .
CPUSA
Well-Known Member
Overhearing stuff or getting a good stock tip isn't insider trading...
When a Congresscritter or stock broker comes home & tells their spouse or closest friends, "We're about to pass Legislation next week that will make XYZ stock skyrocket. Put 50% (or even 100%) of our earnings here. Within very little time (let's say...3 months), our profits will be tenfold (or even a hundredfold), GUARANTEED!!!"
That's insider trading...it's not a hunch or an estimated guess based off of headwinds...they KNOW something most of the public doesn't, making the game fixed...