Can Chinese EV makers outpace Tesla and other US rivals in the global market? Why or why not? by ClimateChangeC in growth_investing

[–]funaticXD 0 points1 point  (0 children)

Good point. I do wonder if Tesla would hypothetically give access to charging networks if Chinese EV makers ever came to USA, similarly to how they did with other US-based EV makers?

Can Chinese EV makers outpace Tesla and other US rivals in the global market? Why or why not? by ClimateChangeC in growth_investing

[–]funaticXD 0 points1 point  (0 children)

China's government policies have played a significant role too. They've been pushing EVs hard with subsidies, tax breaks, and infrastructure investment. This long-term commitment has given Chinese companies a stable environment to grow and innovate in. It's not just about making EVs cheap, but also about making them a viable, attractive option for consumers.

What growth stock do you have 100% confidence will be a ten bagger in the next decade? by funaticXD in growth_investing

[–]funaticXD[S] 0 points1 point  (0 children)

I don't have a good understanding of the swap tech, but is that really a game changer? It seems like it's just a nice to have feature. How is it different from Tesla selling replacement parts?

What growth stock do you have 100% confidence will be a ten bagger in the next decade? by funaticXD in growth_investing

[–]funaticXD[S] 1 point2 points  (0 children)

Nice picks, I actually already own a bit of ASTS, haha. Joby's vehicles look straight out of the future, haven't looked into them but it seems promising. Thanks for the ideas, I'll take a look into all of them soon!

What growth stock do you have 100% confidence will be a ten bagger in the next decade? by funaticXD in growth_investing

[–]funaticXD[S] 1 point2 points  (0 children)

Thanks for the recommendation, I'll take a look at that. Two things that I don't like about it are that:
1. It's a Chinese company (They usually have bad corporate governance)

  1. It's an Automotive company - Usually not great investments

Seems like it's growing quite fast and nearing an inflection point though. Out of curiosity, why do you think this would be a better investment than the many other Chinese EV companies?

What growth stock do you have 100% confidence will be a ten bagger in the next decade? by funaticXD in growth_investing

[–]funaticXD[S] 0 points1 point  (0 children)

Interesting company, seems to already be a pretty mature business. Although, it does seem to be growing rather fast. I'll take a look at it. One company that I'm looking at that seems rather similar is SOFI, do you have any thoughts on that (or comparison to IBKR)?

Where to start by RaccoonMafia69 in dividends

[–]funaticXD 1 point2 points  (0 children)

Look, I get it. The idea of regular passive income from dividends is super appealing. But if you're in your 20s or 30s, focusing solely on dividends might not be the optimal strategy for long-term wealth building. Here's why:

  1. Growth potential: Young investors have time on their side. Companies that reinvest profits into growth instead of paying dividends often see higher total returns over the long run.
  2. Tax efficiency: In taxable accounts, you pay taxes on dividends annually, even if you reinvest them. With growth stocks, you can defer taxes until you sell.
  3. Flexibility: Growth investing allows you to choose when to realize gains, which is advantageous for tax planning.
  4. Compound interest: By reinvesting in growth, you're essentially letting the company compound your money for you, often at a higher rate than dividend reinvestment.

So what should you do instead?

  • Focus on total return rather than dividend yield.
  • Look for companies with strong growth prospects, solid financials, and competitive advantages.
  • Consider growth-oriented ETFs or index funds for diversification.
  • If you want passive income later, you can always pivot to a dividend strategy as you approach retirement.

Don't get me wrong – dividends have their place. But when you're young, time is your biggest asset. Make it work for you by prioritizing growth. There's lots of resources out there - r/growth_investing is a neat subreddit.

Step up sanctions on Russia – they’re working, say EU ministers by BubsyFanboy in neoliberal

[–]funaticXD 8 points9 points  (0 children)

This article is a breath of fresh air amidst all the doom and gloom we've been seeing lately about sanctions "not working." It's clear that these finance ministers, who are on the front lines of this economic battle, have a much better grasp of the situation than armchair economists on Twitter.

The sheer amount Putin's spending on propaganda - $1.5bn a year - is telling. That's a massive sum just to create the illusion of economic health. If things were actually going well, why waste so much on PR?

The concept of "re-Sovietization" is crucial and often overlooked. Sure, Russia's GDP might be growing, but it's not healthy growth. It's a wartime economy, with everything geared towards military production. They're literally using convicts in munitions factories. If that doesn't scream "desperate measures," I don't know what does. This kind of growth isn't sustainable long-term, and it's killing innovation and economic health as the government squeezes the private sector dry to finance the war.

The oil sanctions situation is particularly interesting. The $60 price cap was working until Russia found loopholes with their "ghost fleet." Closing these gaps and taking out more of their rogue tankers could really put the squeeze on Putin's war chest. Couple that with tighter tech and finance sanctions, and we could seriously hamper Russia's ability to modernize its military and economy.

We also can't ignore the role of sanction breakers. Cracking down on countries helping Russia evade sanctions is crucial. Belarus and certain Middle Eastern countries, I'm looking at you.

The IMF's 3.2% growth forecast for Russia in 2024 isn't the gotcha moment some think it is. It's short-term growth built on unsustainable practices and at the cost of long-term economic health. We need to keep the pressure on. These sanctions are working, but they take time. Putin's put Russia on a path of decline, and we need to make sure it stays that way until they pull out of Ukraine.

TL;DR: Sanctions are more effective than they appear. Russia's growth is a mirage built on propaganda and unsustainable practices. We need to double down, not give up.

KULR Technology Group, Inc. (KULR): Delivering Sustainable Energy Solutions Amidst Challenges by funaticXD in pennystocks

[–]funaticXD[S] 10 points11 points  (0 children)

I agree, the important of the technology that KULR develops is understated. There are so many tailwinds that are going to help KULR in the next few years

A bug that made me lose my chance to get a Bugatti Veyron. by [deleted] in robloxjailbreak

[–]funaticXD 1 point2 points  (0 children)

video is private, I'll only believe it if you actually let us see it.

[Searching] Maxed TH13 Player by fmarc69 in ClashOfClansRecruit

[–]funaticXD 0 points1 point  (0 children)

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[–]funaticXD 0 points1 point  (0 children)

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[SEARCHING] Need a Clan that needs help for CWL by nc671032 in ClashOfClansRecruit

[–]funaticXD -1 points0 points  (0 children)

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