Boiler Room: The Official Stock Market Discussion

Originalman

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True that. It's why investing is so crucial. The economy has bounced back from the March low but who knows how long it may take someone to get back a 25k withdrawal. And I believe that kids should pay their own tuition. My boy has some Florida prepaid thing for his sons that lock in the tuition price, guess he pays monthly. But it be best to invest that money and let it grow. His oldest is 8 I believe so definitely plenty of time before he can go to college. Plus the kids have more time to pay off any loans after graduating or finishing with schools versus parents who are in their forties and fifties and need to catch up for retirement. That compound interest don't work if you keep withdrawing from these retirement plans.

Yeah man that shyt be fukked up. I know some kats who parents paying parent plus loans and they are in their 60s. I am like dude can't you do your mom and dad a solid and call up the bank and put the loan in your name. Your momma 65 paying a parent plus loan. Yet your ass out here as an able body young person who can pay the bill yourself.

That shyt is sad breh.
 

Spree At Last

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what do you think of facebook? im debating getting rid of all of it or buying more :dead:
i don't own FB but i'm bullish on it, this latest dip seems like an overreaction to the trump ban. they also have a lot of room for growth esp with ecommerce and in AR/VR with oculus. havent been following the anti-trust stuff tho so that might be a bigger negative than i think. at the end of the day, FB is highly profitable and has billions of users, it's not going anywhere.
 

Serious

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1st Round Playoff Exits
Subversive Capital Acquisition

Another cannabis SPAC deal that was announced recently was Subversive Capital Acquisition Corp. (OTCQX: SBVCF) bringing several brands public into a new company referred to as “The Parent Company.”

The deal includes Caliva, OG Enterprises branding and Left Coast Ventures. One of the shareholders of the new company will be Shawn Carter, known professionally as Jay-Z.

Carter will serve as Chief Visionary Officer of the parent company and also oversee a corporate venture fund focused on social equity measures. Carter will be paid $40 million in stock over a three year period.

The Parent Company will serve as the official cannabis partner of Roc Nation, Jay-Z’s company that has a roster of musical artists and athletes.

The company expects revenue to hit $185 million in 2020 and $334 million in 2021. Products launched under the Monogram brand hit the market on December 10.

:huhldup::scusthov::banderas:

To the moon!

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@No1 :mjpls:
 

mannyrs13

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I got out of Facebook in my M1 little while back. Think I was around even or maybe small profit. Might've swapped it for more Tesla most likely. I'm guessing it hasn't amounted to much since then. Actually looking just now and it was 274 when I sold it like a month ago and now at 250 so it was a wise choice.
 
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