CapableWelder2616

CapableWelder2616 t1_j6az8gh wrote

Reply to comment by sadafboicry in rate my portfolio by sadafboicry

If you gotta keep it simply 100% in one asset buy ExxonMobil with all you got, the divvy alone will one day pay you back if you sit and hold for years. Or sell CC with the shares with 90DTE so you can collect divvy +premium if you get assigned jus sell CCP , oil or8ces aren't going back down anytime soon. You could also do same with Apple but divvy is way less

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CapableWelder2616 t1_j6933fp wrote

I think its the AI revolution starting to unfold. Large financial institutions gutting their labor costs by firing dead weight. AI doing all the work for free , in turn freeing up lots of capital for investment. Even tech Co's like MSFT are firing coders which helps prop up profits and frees up more cash for R&D projects. The industrial revolution did same thing 100+ years ago

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