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Showing posts from June, 2022

No text message over 1/2 a screen long has ever been sent by a sane person.

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  I miss the days of messages being limited to 140 characters. Crazy people had to put more effort in.

Gambling On The Stock Exchanges

I am a low-spending Sharesies user, putting in a few dollars every day to buy a few stocks that I think have long-term potential, like hydrogen power, windfarms and solar power companies. Lately I've felt pessimistic about the world economy, but I'm not rich or stupid enough to make massive bets with leveraged calls/puts on specific stocks. But I just found out I can buy something called "Proshares UltraPro Short QQQ" which goes UP if the Nasdaq 100 goes down. This seems like a good option for me, with limited liability if it doesn't work out - no margin calls for me to worry about! I'm going to buy this for a while until I feel like the economy is improving. The Nasdaq 100 includes the following bullshit companies who I would like to short individually, but can't afford to, so I'm happy to find a way to short them easily: Activision Blizzard - games software is discretionary spending which will stop during recession Adobe - Acrobat reader is shit Airb