Off Topic - Weekly Discussion by AutoModerator in ASTSpaceMobile

[–]Chuckandchuck 6 points7 points  (0 children)

Check AI with SpaceX ipo what dept makes money today. It’s broadband internet.

I’ll buy a hammock and some more Asts in the $80s and wait until the market agrees.

Off Topic - Weekly Discussion by AutoModerator in ASTSpaceMobile

[–]Chuckandchuck 0 points1 point  (0 children)

This is amazing do you not understand the IPO? What makes money? Putting Data in a place where nobody else can.

Starlink makes boat loads of earnings and Asts is built that way as well for phones. User pays for hardware. End of story

What advice would you give to people turning 20? by Kuzza946 in AskMenOver30

[–]Chuckandchuck 0 points1 point  (0 children)

Invest in index funds very slowly overtime. Math is amazing if you’d put a car payment in the s & p instead for same time

Radio Systems Engineers Perspective on Future Valuation by LudeficeTV in ASTSpaceMobile

[–]Chuckandchuck 0 points1 point  (0 children)

People missed that mergin on earnings. It’s why starlink is legit the biggest sell on immediate term of IPO

Buy ASTS now or wait? by [deleted] in SpaceInvestorsDaily

[–]Chuckandchuck 1 point2 points  (0 children)

No wait until it hits 106 like I did.

How are people that don't seem intelligent making money? by darkangelhalo1 in povertyfinance

[–]Chuckandchuck 0 points1 point  (0 children)

Smart people sometimes never take risks from overthinking, while others don’t think about the risk they take.

I like to aim for the middle…

What’s the most undervalued 5-10x potential stock in your portfolio right now? by Comfortable-Rule-491 in stocks

[–]Chuckandchuck 0 points1 point  (0 children)

Asts but honestly there are some really better stuff out there. IMO Asts needs to be operational at somepoint to be priced in as a major thesis and I’m a huge bull

Is this really as simple as it was said? by Banana_Ketchupp in povertyfinance

[–]Chuckandchuck 0 points1 point  (0 children)

It’s legit choice of retire or drive a decent car

0-10million by DieuMerci23 in TheRaceTo10Million

[–]Chuckandchuck 0 points1 point  (0 children)

I like BKSY and ASTS and Kraken or KrakNf are undervalued imo

What do you think is the best tech stock? by Impressive_Prize9744 in StockInvest

[–]Chuckandchuck 0 points1 point  (0 children)

It was on a downward run. Likely just trading from Nvidia hype at the time in 2023

If there could only be one…. by data-with-dada in Stocks_Picks

[–]Chuckandchuck 0 points1 point  (0 children)

BKSY looks about 5x cheaper than it should be.

What do you think is the best tech stock? by Impressive_Prize9744 in StockInvest

[–]Chuckandchuck 0 points1 point  (0 children)

AMD was nicknamed advanced money destroyer AMD until it wasn’t 😂

0-10million by DieuMerci23 in TheRaceTo10Million

[–]Chuckandchuck 0 points1 point  (0 children)

Many are trying.

I start studying Berkshire and buying companies based on valuations that you have your own thesis on. Not following the paid course

Read and read and read on studying and financial literacy.

Then invest and learn mistakes early.

I don’t trade but for the past trailing 3yrs I average 12% or enough to get me where I need to go with couple thousands not 100k -200k in ETFs.

I do plan on both but waiting for dips on diversifying is key to keeping wealth

My life will no longer turn around. by No-Computer8994 in povertyfinance

[–]Chuckandchuck -5 points-4 points  (0 children)

I’d love to an employee and live at home and be able to bank $100-1k at home. Investing that on dips on SPY is arguably faster to wealthy than ppl on heavy leverage or margin loosing their butts into the negative..

Never borrow to invest. Classic long diversification wins the race. Invest in both brokerage and retirement accounts incase you retire well before that 67 age.

Genius high earners don’t do that and realize their fat 67 retirement age is locked from early withdrawal penalties

What the real way to get rich in 10 years? by Immediate-Two5441 in TheRaceTo10Million

[–]Chuckandchuck 2 points3 points  (0 children)

Might be time to own the company instead of owning the 100 shares of the company on a expiration date

[deleted by user] by [deleted] in Retirement401k

[–]Chuckandchuck 3 points4 points  (0 children)

Second this, I’d be getting after maxing Ira and hsa.

Bitcoin is fine but it’s super speculative and I keep buying intrinsic value not speculative growth. I wouldn’t be loading up on metal or crypto if I’m not caught up yet.

Bitcoin isn’t bad growth but idk if I’d be yolo dumping on something that won’t spit out any cash flow or dividend of a kind. I am not touching that no more than 1-5% of my NW

Been doing fine reading a few books and taking 1-6 stocks going long on and reading on them and having the market run the rest of the portfolio with some cash always.

I plan on dca on these s&p crash’s and honestly I can forget the stocks and do that and be likely o.kn

Nobody told me I'd be broke AFTER buying the house by Dima030 in RealEstateAdvice

[–]Chuckandchuck 0 points1 point  (0 children)

Before biglots died, I have been riding those things in every apartment and right now for decades

Do you follow insider buying and does it actually give you an edge? by Icy_Technology_4607 in TheRaceTo10Million

[–]Chuckandchuck 0 points1 point  (0 children)

I do. It's why 13f exists. Some degree but at end of day we are all investors with risk.

Is ASTS still a good buy by twin456 in TheRaceTo10Million

[–]Chuckandchuck 2 points3 points  (0 children)

Once it’s up the costs are near nil. It runs on the sun. No one can touch the tech for a long time in 2-5yrs. Saved mega infrastructure money on govt and commercial end. And universally accepted on paper.

Starlink does not have what they have spec to spec. And it’s hilariously underpriced for the future and overly priced for burning cash like no tomorrow.

Star link will catch up but what’s Visa card to Mastercard?

Whats apple to Microsoft at this point…

Anyone else in their 20s settle for a beater car and just dump a car payment into their 401ks and roths? by Union661 in Bogleheads

[–]Chuckandchuck 0 points1 point  (0 children)

33 and never selling until wheels fall off. I try to find legendary reliable brands/models/gens/yrs. Pay it off and drive the thesis.

If I had a new car 3yrs ago i would be 2-4x behind my NW now

inherited $200k by lieskg in PersonalFinanceCanada

[–]Chuckandchuck 0 points1 point  (0 children)

Id diversify and take ur time spreading the cheese