RainbowWoman
voted
Facebook chief Mark Zuckerberg on Thursday announced the parent company's name is being changed to "Meta" $Meta Platforms (FB.US)$ to represent a future beyond just its troubled social network.
The new handle comes as the social media giant tries to fend off one its worst crises yet and pivot to its ambitions for the "metaverse" virtual reality version of the internet that the tech giant sees as the future.
Facebook, Instagram and WhatsApp will keep their names under the rebranding.
a dude from reddit:
The year is 2043. My kids are waking up for school. They eat breakfast and then say “bye dad I’m going to school” as they put their headsets on and enter the Metaverse. They load up their avatars and go sit on the couch and virtually walk to class. They look around class and have a T-Rex to your right and a Ugandan knuckles on your left. Ugandan knuckles avatar cost $7000 as an NFT.
Source:
Embattled Facebook announces name change to 'Meta'
The new handle comes as the social media giant tries to fend off one its worst crises yet and pivot to its ambitions for the "metaverse" virtual reality version of the internet that the tech giant sees as the future.
Facebook, Instagram and WhatsApp will keep their names under the rebranding.
a dude from reddit:
The year is 2043. My kids are waking up for school. They eat breakfast and then say “bye dad I’m going to school” as they put their headsets on and enter the Metaverse. They load up their avatars and go sit on the couch and virtually walk to class. They look around class and have a T-Rex to your right and a Ugandan knuckles on your left. Ugandan knuckles avatar cost $7000 as an NFT.
Source:
Embattled Facebook announces name change to 'Meta'
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RainbowWoman
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There's a guy named "dude". Let him tell his story, which may seem like some of our ordinary life:
My name is dude, because of my love for Pokémon, my dream was to become a Pikachu when I was 3.
I'd also considered becoming an archaeologist when Jurassic Park was released.
Stupid dreams like an astronaut, a scientist kept coming to my mind. A few years later, I suddenly found out that I need to get a life and chase for something more practical.
So now my dream is to become super-rich, and I want nobody to tell me what I can't do. That's the whole story of why I decided to become an investor. However, things didn't go as well as I expected. I did put money in the market and invest, but am I an investor?
Am I a clown?
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
@DayleyTrades: $AMC Entertainment (AMC.US)$
Or a millionaire?
@Rogue Trader 7: wheres my stapler!
@Zedx: $AMC Entertainment (AMC.US)$
A gambler?
@Rogue Trader 7: Buy $AMC Entertainment (AMC.US)$ ?
@DayleyTrades: LETS GO APES we can rock this!
Maybe I'm simply a meme?
@Rocket Man: $AMC Entertainment (AMC.US)$
@lailie $AMC Entertainment (AMC.US)$
I'm also a man?
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
Whatever, no one can define who I am.
I'm Batman.
Dude out, Peace.
My name is dude, because of my love for Pokémon, my dream was to become a Pikachu when I was 3.
I'd also considered becoming an archaeologist when Jurassic Park was released.
Stupid dreams like an astronaut, a scientist kept coming to my mind. A few years later, I suddenly found out that I need to get a life and chase for something more practical.
So now my dream is to become super-rich, and I want nobody to tell me what I can't do. That's the whole story of why I decided to become an investor. However, things didn't go as well as I expected. I did put money in the market and invest, but am I an investor?
Am I a clown?
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
@DayleyTrades: $AMC Entertainment (AMC.US)$
Or a millionaire?
@Rogue Trader 7: wheres my stapler!
@Zedx: $AMC Entertainment (AMC.US)$
A gambler?
@Rogue Trader 7: Buy $AMC Entertainment (AMC.US)$ ?
@DayleyTrades: LETS GO APES we can rock this!
Maybe I'm simply a meme?
@Rocket Man: $AMC Entertainment (AMC.US)$
@lailie $AMC Entertainment (AMC.US)$
I'm also a man?
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
Whatever, no one can define who I am.
I'm Batman.
Dude out, Peace.
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RainbowWoman
liked and commented on
He that goes a borrowing goes a sorrowing.
—Benjamin Franklin
Younger investors appear to be more open to taking on debt for investment as compared to older generations. In the recent MagnifyMoney survey in America, 80% of Gen Z investors and 60% of millenial investors borrowed to invest as compared to 28% of Gen X investors and 9% of baby boomer investors. Interestingly, 61% of the respondents who had previous experience of borrowing to invest indicated they would do it again although 63% regretted taking on debt. 33% would consider doing it again. Is the willingness to take on debt for investment a bad sign?
A penny saved is a penny earned.
—Benjamin Franklin
Debt is often seen as negative but it is not necessarily bad. For instance, few people can afford to buy property without taking on debt. The crux is not to over leverage. Even if one has the funds to pay in full, it may be more financially astute to finance the purchase with debt if one has the expertise to deploy the funds elsewhere (such as $SPDR S&P 500 ETF (SPY.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Alphabet-C (GOOG.US)$ $Berkshire Hathaway-B (BRK.B.US)$ ) and generate a return that is higher than the interest rate of the debt.
Money can beget money, and its offspring can beget more.
—Benjamin Franklin
When it comes to trading, leverage can allow someone with a small capital to reap greater gains than would be possible otherwise. On the other hand, with high rewards come high risk. One can lose a lot more than the original amount invested. The risk is especially real when there is easy access to leverage and the trader is inexperienced. The high-profile case of a 20-year-old amateur investor committing suicide after thinking he had racked up USD730,000 of losses on Robinhood comes to mind. The key things to consider when deciding whether to take up leverage are one’s risk appetite, financial status, time horizon and financial objectives.
For those who wish to take on debt to trade, there are some ways in which the risk can be mitigated:
1) Only take on debt if the probability of gain is very high (i.e. the risk is low),
2) Limit the amount of debt to no more than a specified percentage of gross income and go for low interest rate debt,
3) Use option strategies to hedge the risks.
4) Understand the risks and work out the worst case scenario. Make sure it is something one can handle both emotionally and financially.
An investment in knowledge pays the best interest.
—Benjamin Franklin
At the end of the day, leverage is a double-edged sword. Spending time to understand it thoroughly will help one to decide whether it is suitable for oneself and when and how to employ it. All the best to you in your investment, be it with cash or leverage.
If you enjoy reading this article, please click and comment below. Thanks!
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Disclaimer: The above is just my personal opinion. It is not financial advice or a recommendation to invest. Please do your due diligence and consult your financial advisor before making any investment decisions
—Benjamin Franklin
Younger investors appear to be more open to taking on debt for investment as compared to older generations. In the recent MagnifyMoney survey in America, 80% of Gen Z investors and 60% of millenial investors borrowed to invest as compared to 28% of Gen X investors and 9% of baby boomer investors. Interestingly, 61% of the respondents who had previous experience of borrowing to invest indicated they would do it again although 63% regretted taking on debt. 33% would consider doing it again. Is the willingness to take on debt for investment a bad sign?
A penny saved is a penny earned.
—Benjamin Franklin
Debt is often seen as negative but it is not necessarily bad. For instance, few people can afford to buy property without taking on debt. The crux is not to over leverage. Even if one has the funds to pay in full, it may be more financially astute to finance the purchase with debt if one has the expertise to deploy the funds elsewhere (such as $SPDR S&P 500 ETF (SPY.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Alphabet-C (GOOG.US)$ $Berkshire Hathaway-B (BRK.B.US)$ ) and generate a return that is higher than the interest rate of the debt.
Money can beget money, and its offspring can beget more.
—Benjamin Franklin
When it comes to trading, leverage can allow someone with a small capital to reap greater gains than would be possible otherwise. On the other hand, with high rewards come high risk. One can lose a lot more than the original amount invested. The risk is especially real when there is easy access to leverage and the trader is inexperienced. The high-profile case of a 20-year-old amateur investor committing suicide after thinking he had racked up USD730,000 of losses on Robinhood comes to mind. The key things to consider when deciding whether to take up leverage are one’s risk appetite, financial status, time horizon and financial objectives.
For those who wish to take on debt to trade, there are some ways in which the risk can be mitigated:
1) Only take on debt if the probability of gain is very high (i.e. the risk is low),
2) Limit the amount of debt to no more than a specified percentage of gross income and go for low interest rate debt,
3) Use option strategies to hedge the risks.
4) Understand the risks and work out the worst case scenario. Make sure it is something one can handle both emotionally and financially.
An investment in knowledge pays the best interest.
—Benjamin Franklin
At the end of the day, leverage is a double-edged sword. Spending time to understand it thoroughly will help one to decide whether it is suitable for oneself and when and how to employ it. All the best to you in your investment, be it with cash or leverage.
If you enjoy reading this article, please click and comment below. Thanks!
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Disclaimer: The above is just my personal opinion. It is not financial advice or a recommendation to invest. Please do your due diligence and consult your financial advisor before making any investment decisions
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RainbowWoman
liked
Also known as : How many days of commission-free trades do I have left? / Why am I being charged fees during the commission-free period?
Commission-free doesn’t mean no fee. Also, options fee is not included in the commission-free promotion.
The commission-free period can be checked under Accounts > More > My Fees.
At the page where you enter an order, after keying in the price and quantity, you can check the fees b...
Commission-free doesn’t mean no fee. Also, options fee is not included in the commission-free promotion.
The commission-free period can be checked under Accounts > More > My Fees.
At the page where you enter an order, after keying in the price and quantity, you can check the fees b...
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