[quote=an][quote=deadzone][quote=Coronita]Hey deadzone… Can you keep talking about how bad tech will do and how bad the stock market will continue to crash. We need a few more days of this kind of talk from you….[/quote]
Netflix continuing to plummet already back to Pre-covid price. All the Covid gains evaporated.
Only a matter of time before they start announcing layoffs, if they aren’t already. This is the .com bust all over again. But only this time it is going to spread to the entire economy.
Mortgage rates also returning to pre-covid level and only going to keep going higher.[/quote]
Sounds like a great buying opportunity to me. NFLX in 2019 has revenue of $20b with profit margin of ~9% and for 2021, revue was almost $30b and profit margin of ~17%.[/quote]
I just do my bi-monthly DRIP investment into index funds and bond index mostly. I don’t need to take excessive risk these days and I don’t have any major expenses each month so I can put $5500/month into investments and $1500/month into my kids custodial accounts on top of my 401k.
