So now that crypto is officially dead


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Can we start talking about actual businesses and finance?

Here's one:
>Verizon (VZ)
>currently trading around $39
>52 week high was around $55
>dividend yield between 6-7% and it's gone up every year for 18 years
>debt ratio is 0.39

This seems like a buy if you're willing to hold for the long term. A $6000 investment would pay for itself in dividends after about 20 years. And Verizon is essentially unbreakable in the sense that their infrastructure is all over the country. There are businesses that can't exist without Verizon.

  1. 2 months ago
    Anonymous

    You must be under 75 to post here

  2. 2 months ago
    Anonymous

    buy VLTA

    • 2 months ago
      Anonymous

      bag id

      • 2 months ago
        Anonymous

        it just bottomed and is trending with tesla

        • 2 months ago
          Anonymous

          Tesla is going to crash hard

        • 2 months ago
          Anonymous

          Tesla is doomed

          • 2 months ago
            Anonymous

            Tesla is going to crash hard

          • 2 months ago
            Anonymous

            At the end of the day Tesla is still just a car company (a mediocre one at that). It's valuation is insane compared to other automakers.

  3. 2 months ago
    Anonymous

    TV & internet is dead my dad used to work there until the whole area got sold off. Starlink would btfo all these boomers companies that would be my concern

    • 2 months ago
      Anonymous

      >Starlink would btfo all these boomers companies that would be my concern
      Starlink is more expensive and a lot slower. And that's with very few people using its network, imagine once it gets saturated. There are already reports of it slowing to a crawl at times.

  4. 2 months ago
    Anonymous

    i legitimately dont understand the appeal of dividends. it's such a massive risk, locking up your money in a single shitcoin for a 6-7% return that isn't even guaranteed to be paid out.

    • 2 months ago
      Anonymous

      It's probably the easiest way to start building a passive income portfolio.

      Say you had $1million. You could buy a house, sure. But if you put it in a 3% dividend yield stock (or a group of such stocks), you'd get roughly $2500 a month and could effectively live rent free in a high rent area.

      In 33 years the dividend would have paid for itself and assuming a conservative annual return of 4% you'd have $3.6million.

      • 2 months ago
        Anonymous

        >In 33 years the dividend would have paid for itself
        KYS

        • 2 months ago
          Anonymous

          Bruh you're gonna be old some day anyway, might as well be old with money.

    • 2 months ago
      Anonymous

      You can sell at anytime and if its a decent stock you can make money off of selling it at most points as well. IEP for example performs better historically than the S&P.

    • 2 months ago
      Anonymous

      It's a similar appeal to BTC since BTC will always be pushed back up by whales in the longrun, but a 10x in 2025 isn't as appealing to some people.

      If you already made a million dollars, it makes more sense to DCA into bitcoin for that 10x to 10 million. But if you are a poorfag and can only invest a few month's wages like 5000 dollars, then Squall, Escalation DAO, Brine Network or other lower-mid-tier-sounding projects that are around 20 million mcap sound more appealing, because such projects have the possibility of going 100x from the bottom to the top in the next bullrun and moving your money from covering your rent to covering your payment on your new house and car. Or whatever.

      And if you are an extreme poorfag who can't afford to lose 50 dollars, then Doggy poo poo pee pee slapadapa obama biden harris coin is probably up your ally because you can throw 50 bucks in there and take out 50000 while LULZ and crypto twitter cries that the "whales are dumping, hodl!!?!1". But this is the most dangerous of all because people who get success on shitcoins often fall for the "I can turn 50k into 5 million if I buy asshomosexual colorado tranny genocide coin and it 100xes" and then they lose it all because investing 50k into an illiquid shitcoin is different from investing 50 dollars.

      Which is why 50k should go into bitcoin or, at worst, Bangz Finance with its lower-mid-tier mcap for the possible shot to the moon. Of course the fully diversified portfolio would assume that Bitcoin runs first, so 50% goes into bitcoin and then the remaining 50% is divided between shit like eth, bnb, whatever other tokens survive the bear market and then the alts which exist on these L1 chains with a schizo bag of BSV in case Creg is right.

    • 2 months ago
      Anonymous

      >locking up your money
      >shitcoin
      >not guaranteed to pay out
      We are talking about stocks here. You think coca cola just isnt gonna pay their fucking dividends?

  5. 2 months ago
    Anonymous

    go back to your containment thread boomer

  6. 2 months ago
    Anonymous

    >So now that crypto is officially dead
    $16.000 PER UNIT.
    yeah. sure.

    • 2 months ago
      Anonymous

      It's going to zero. You know it. I know it. Everyone knows it. It's a metaphysical certainty. Now we're just waiting for the bigger fools to come and buy the bags. But let's not delude ourselves: crypto is done and it's never going mainstream.

  7. 2 months ago
    Anonymous

    >$6000 investment would pay for itself in dividends after about 20 years.
    You are not counting time value of money and tax inefficiency of dividends.

    • 2 months ago
      Anonymous

      >time value of money and tax inefficiency of dividends
      The share price of the dividend stock will appreciate as well, just not as much as a growth stock. Most dividends are qualified, meaning they are tax advantaged.

      • 2 months ago
        Anonymous

        isn't it still worse than never selling and just living off the spread of SBLOC interest rate and stock appreciation?

        • 2 months ago
          Anonymous

          On paper, share price appreciation/buybacks are better than dividends since one doesn't have to pay taxes on the former; however, in reality, having steady cashflow in the form of a cash dividend is very useful and impossible to fake.

        • 2 months ago
          Anonymous

          One can also argue that buying a share of a non-dividend paying stock is at the core no different than taking part in a ponzi scheme, since you have to rely on a greater fool to realize some kind of ROI. I do not really believe this is the case, but a rational argument can be made.

          • 2 months ago
            Anonymous

            Money too

            • 2 months ago
              Anonymous

              >Money too
              Hmm?

              • 2 months ago
                Anonymous

                Like, it’s only good for goods and services if you can find a greater fool to take it

              • 2 months ago
                Anonymous

                One can also argue that buying a share of a non-dividend paying stock is at the core no different than taking part in a ponzi scheme, since you have to rely on a greater fool to realize some kind of ROI. I do not really believe this is the case, but a rational argument can be made.

                I don't think the greater fool paradigm applies to either of these.

                Greater fool is when I go out and buy something I know is inherently worthless with the intention of selling it to some other person at a profit. This includes things like Pokemon cards, bitcoin, pogs, or pet rocks.

                Stocks typically appreciate in value over time, they are not inherently worthless. If I sell to take profits, you can buy my stock while it continues to grow.

                All monetary transactions are by definition mutually beneficial. Suppose you go to a bar and buy a $5 beer. If the bartender wanted the beer more than he wanted $5, he wouldn't sell it. If you wanted $5 more than the beer, you wouldn't buy it.

          • 2 months ago
            Anonymous

            yeah I do not see non-dividend ETFs to be materially different than speculative assets like crypto. except everyone has been PSYOP'd to provide constant buy pressure by stashing their 401k's in those.

  8. 2 months ago
    Anonymous

    I've always liked VZ for the dividend.. it's also a favorite stock of day traders because the dividend was generally always 200-220 basis points higher than the 10yr treasury. and the stock price would reflect this, the yield moving basically in tandem with the 200-220 bp spread. this made for an easy trade.. the price of the stock was for years quite easy to predict.. but now, the dividend is 300 bp above the 10yr.. and the debt that VZ was using to prop up their dividend is coming home to roost.. they have a debt to equity ratio of 169%.. which is banana republic status.. the price drop from 55 really wiped out a lot good capital and a lot of dividends collected over the years.. for those reasons, VZ can no longer be trusted to trail the 10yr.. and it's prospects for price recovery i think are too far out to be a near term buy.. but it was, as i say for years, an excellent stock, both for retirees and traders..

    so farewell Dionysus, Insewn! with your mother Semele whom men call Thyeste

    • 2 months ago
      Anonymous

      >for retirees
      Why is VZ good for retirees? Or did you mean dividend stocks in general?

  9. 2 months ago
    Anonymous

    VLTA going back up. just saying

  10. 2 months ago
    Anonymous

    >internet meme money was meme money all along, who knew?
    >stocks still solvent
    >rocks still solvent
    Boomers will again

  11. 2 months ago
    Anonymous

    /biz/, like LULZ, is intentionally bereft of good advice.

    When anons work together you get shit like GameStop and AMC-gate, so they purposely seed in stupid shit like "buy kneepads" or "drink a gallon of milk a day and do SS", which populate the board collective conscious for years.

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