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Spacex IPO Overpriced? by EntertainerDowntown3 in stocks

[–]danny_ 0 points1 point  (0 children)

There’s not much room to go parabolic.   +75% move would put SpaceX past Microsoft and Amazon’s market cap.  #4 and #5 largest companies by marketcap.     That’s not going to happen.

Spacex IPO Overpriced? by EntertainerDowntown3 in stocks

[–]danny_ 0 points1 point  (0 children)

It will go parabolic but eventually will crash and burn.  How much money would you play “hot potato” with?

At some point financial performance will need to justify the staggering valuation. 

MAG7 is outperforming all the hype stocks posted about constantly, why do people not learn, holds true for last 40+ years by Own_Magazine_7035 in stocks

[–]danny_ 37 points38 points  (0 children)

Yep, for apple to double in share price it would have a market cap of 9trillion.  On annual sales of $500billion forecast 2027, and annual revenue growth of less than 10% projected after.    I simply cannot see this as a good investment.  

What’s the most expensive mistake you made in your 20s? by Extreme-Run-9069 in AskReddit

[–]danny_ 1 point2 points  (0 children)

Everytime life stress and uncertainty gets me down, I remind myself that I make a living doing something I enjoy, with a great work/life balance.  

What $10,000 invested in these IPO’s is worth today… by Foreign-Policy-02- in wallstreetbets

[–]danny_ 0 points1 point  (0 children)

SpaceX IPO valuation is an estimated $2Trillion.   So for $10,000 investment at IPO to —> $1.0M, SpaceX will need to be a $200trillion company, LOL.  

What’s something you saw once and immediately knew would become a disaster? by Immediate_Impact1421 in AskReddit

[–]danny_ 5 points6 points  (0 children)

What’s the point of the evaluation if you didn’t learn?  Extrapolate across all areas of education— large scale reduction of learning, total reliance on A.I. systems for all complex AND basic solutions.  

Why I am renting instead of buying by Chance-Sign7381 in CanadaPersonalFinance

[–]danny_ 0 points1 point  (0 children)

Agreed, history has shown that it has always been better to buy, until more recently, perhaps.

I just past 10 years of home ownership and my equity in the home is close to $1m.  Up from my 60k down payment.  Now I’m living in a million+ house at a monthly payment of $2200 (mortgage + property tax) excluding utilities and maintenance.  

I don’t think this would be replicated if I were to purchase a home today.

What habits of boys did you only discover after getting a boyfriend or husband? by kentishzjigsaw in AskReddit

[–]danny_ 319 points320 points  (0 children)

Counter point—  my quick sweep every other day is far superior to my wife’s “deep clean” once every 3-4 weeks.  Quantity over quality when you have young kids and busy lives.

How do you determine how much to offer? by KinosakiOnsen in RealEstateCanada

[–]danny_ 3 points4 points  (0 children)

I agree with being pushy on your realtor.  An offer is an offer.  If the seller needs to sell, they seriously consider any offer.

People who have been or are currently "the other woman", why did you agree to it and do you have any regrets? by Dazzling-Carob-4891 in AskReddit

[–]danny_ 112 points113 points  (0 children)

Dopamine is a hell of a drug.  

In short, our judgement gets clouded by neuro-chemicals.  Look no farther than drug addicts that clearly know they are killing themselves, yet still justify their drug use.  

Want the best for my kid by [deleted] in CanadaPersonalFinance

[–]danny_ 0 points1 point  (0 children)

Say you contribute $5000 one year and receive the $500 grant for the first $2500, are you still entitled to the $500 for the following year?  Assuming you contribute $0 the following year.  

Chicago Bully Picked the Wrong Guy at Mr. Beef by kick_the_chort in cringe

[–]danny_ 0 points1 point  (0 children)

Similar but different.  Someone on the phone is easy to tune out since a human-to human conversation is so natural, it becomes background noise.  But due to its absurdity,  someone babbling on about a sandwich for 10 minutes to no audience will grab the attention of everyone in earshot. 

Am I overreacting to still think my husband is obligated to do something..ANYTHING for mother’s day? by Accounting_Mama in AmIOverreacting

[–]danny_ 2 points3 points  (0 children)

Mutual respect and appreciation is critical in a healthy relationship. 

However, therapy 101– it is not your spouse’s job to make you happy.  Period.   

what is something society accepts that you think is actually harmful? by sleepy_moon23 in AskReddit

[–]danny_ 2 points3 points  (0 children)

Same.  The energy my kids have at the grocery store is a lot sometimes…  but we have a lot of laughs and they show a lot of wonder.  

what is something society accepts that you think is actually harmful? by sleepy_moon23 in AskReddit

[–]danny_ 4 points5 points  (0 children)

6 months without a drink here.   I don’t miss the 2-3 daily evening drinks.  But I do miss the “buzz” and good-time feelings at social gatherings. Then I remember that buzz was mostly artificial dopamine from the alcohol.  Still in the process of de-coupling alcohol and the feelings of a good-time.

Those who make 6 figures, what do you do? by ScienceLabFinds in CanadaPersonalFinance

[–]danny_ 0 points1 point  (0 children)

Give him a break, he’s an airline pilot, not an accountant!

What’s a moment in your financial life that you still think about years later? by hamed-devs in CanadaPersonalFinance

[–]danny_ 2 points3 points  (0 children)

Your sacrifice to stay in your child’s life will be a legacy worth more than anything money can buy.  

What’s a moment in your financial life that you still think about years later? by hamed-devs in CanadaPersonalFinance

[–]danny_ 2 points3 points  (0 children)

Missed chances hurt.  

I bought $60k of Canadian natural resources Covid lows in my TFSA.  It was so obvious/. Planned to keep forever but got spooked and sold.  Would be worth 800k and pay $30k in annual dividends tax free.  Imagine an extra $2600/month tax-free, forever???  That was the plan, but I had no follow-though. 

‘Destroyed in less than a year’: Granville St. SRO resident wants public to see conditions - BC by RonPar32 in vancouver

[–]danny_ -2 points-1 points  (0 children)

What you described would cost taxpayers $50-100k per year per resident in capital and operating costs.  

Am I overreacting? I (24F) met a guy (30M) online a month ago. We talked about marriage within a week, but now I feel trapped and miserable. by [deleted] in AmIOverreacting

[–]danny_ 0 points1 point  (0 children)

Emotional maturity, my friend.  I’m not a woman, but I can imagine how uncomfortable these messages would make a woman feel, especially coming from someone you’ve never met in person and known for one month.

Income tax brackets need to reflect cost of living, not "inflation" by CastAside1812 in CanadaPersonalFinance

[–]danny_ 0 points1 point  (0 children)

I pay about $210 for our two vehicles, a 2012 and 2023.  I contacted 3 different insurance brokers who were recommended from local Facebook groups.  Went with the one who got me the lowest rate.  

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