@KobeissiLetter Venezuela has the world's largest oil reserves, massive gold deposits, among the hemisphere's biggest iron ore deposits, vital bauxite, nickel, rare earth minerals, coltan for EV, ample natural gas. The country is the ultimate strategic prize in the new Cold War in 2026 & beyond.
@AprilMac My particular flavor of neurodivergence: I would do this once and then never do it again, with most of the things I organized going bad along the way.
Yesterday I began playing Investopedia's trading simulator to prove a point about passive investing versus active trading...
But one day in, after making 0.02%, I'm already doing better than 68% of traders...
Proving for the millionth time that most people just shouldn't trade.
Over the weekend, Trump levied tariffs against Canada, Mexico and China which will affect 43% of U.S. imports, approximately 5% of GDP.
Trump told Americans to brace for "some pain."
So what "pain" should we expect? A thread...
So what to do?
- Buy electronics now while they're cheap.
- Invest in safe, dividend paying stocks. (Healthcare and Utilities might be worth looking into.)
- Consider picking up some of your inflation hedge of choice (I like gold & silver, but you do you!)
Was asked why I don't recommend Tesla in any of my reports.
Oversimplistically:
- Revenue sideways for 2+ years (where's the growth going to come from?), EBIT down.
- How is it going to compete with cheap Chinese EVs? Literally every other automaker building EVs?
(cont.)
- Pricing is messed up. Spoke to wealthy Tesla owners who agree that many of the subscription features just aren't worth it at current prices.
- I literally live near several Cybertruck owners and I can see them starting to rust! Cool car, sloppy workmanship!
All that said, I WANT Tesla to do amazingly well. I don't have a political axe to grind: The Model S is literally my dream car. I'm a firm believer in the company's mission.
The valuations just don't make sense, though, and I couldn't recommend it except as a pure speculation.
Investing is all about balancing risk and reward.
I see lots of risks, not a lot of rewards for the foreseeable future.
(I'm sure this stock is fun for people to trade, though.)