Oh, but it was definitely the racoon dogs!
[URL]https://www.skynews.com.au/world-news/cia-analysts-were-bribed-to-change-position-on-covid19-origins-as-fauci-led-orchestrated-effort-to-undermine-lableak-origin-theory/news-story/654fc9e34a605ddc32a43b52111d0d45[/URL]
What a maroon!
Free game before I depart
I generally think ignorance is amusing, but sometimes grace is required. Some of you guys that are up in age should really limit your exposure to equities right now. Commercial real estate is dead, and life support is going to be removed in 2025 max. You see Commerical real estate is generallly never owned, it's just continuously refinanced and rents are based on the current interest rate. More. Than 50% of commercial real estate is worthless (not profitable) at the current 30 yr rate. The larger problem is there isn't a healthy amount of demand that can command the rental prices required to get commercials back to profitable. If you're over or within 5 years of 55, I suggest the following.
Get in commodities ASAP -.
These are dividend based stocks like XOM and CVX, others are fine as well (basically mimic Buffett).
Get some physical and paper gold and silver.
Grab some CF, NTR and the like.
Second. Find a suitable bank.
You don't want a bs regional when shit hits the damn this time, and it will, very soon. Very fucking soon. I'm sure everyone here remember the bank bailouts. Well next time, the government won't cover it, and you may be the victim of a. Bail-in. If you're unfamiliar, research it. Your deposits are nothing more than an unsecured loan to your current bank.
Let's talk about ignorance.
[QUOTE=NewDude;6708652]Pfe and Moderna are both up at least 200% in the last 10 years. MRNA is sitting on billions in cash and the sane Americans can't wait for their RSV, Flu, HIV, and cancer offerings. If any of you want to make some money, it's the absolute best time to get into pharma stocks right now. There has been an immense amount of breakthroughs due to, you guessed it, Trump, removing red tape allowing those companies to innovate. RNA based drugs are going to likely benefit healthcare more than the discovery of antibiotics. MRNA is my pick for a ten bagger over the next 5 years. I just hopped off of the LLY train. Side note, always sell the hype. When you're investing, you want to skate where the puck is going, not where it's at.[/QUOTE]Let's start with facts, not BS. PFE was sitting around 20 this time 10 years ago. It's sitting around 29 now. How do you get 200% from that? I take it math was not your major? That's a total return of less than 50% over 10 years, which compounds out to 3. 5% annually. If you think that's great shakes, than go for it. More recently, Pfizer has broken below its pre-pandemic levels, and is giving a negative return over the last 5 years. Hardly a winner.
Now, let's take a look at Moderna (MRNA). Moderna wasn't even public 10 years ago, much less have its first product. It likely IPO'd in anticipation of the scamdemic, which along with free government advertising (paying all the media outlets to push the jabs, and eventually trying to unlawfully mandate the death jabs on everyone), allowed it to push a not ready for prime time, dangerous product to market which otherwise would not have been approved for years, if ever. Besides all the insiders paid off by the lobbyists, the government had a vested interest here and benefitted as well, as they are part-owners of MRNA patents and collect royalties. No matter, that's the game, but unless you were an insider, its unlikely that you got in early on the Moderna train. MRNA is not quite back to pre-pandemic levels, but it's well on its way, and would have netted you a negative return over the last 3 years. It's down more than 80% from its highs now, and my bet is there's more to go. Yes, if you played it just right, you could have made some money, but the majority were left holding the bag here, and unless you posted your trades real-time, I'm skeptical that you're the exception. That's kind of like the guy on here talking about how much money they were making in Crypto. That was a sure sign the Crypto market was about to crater, and sure enough, it did. Sure, there's money to be made there, but most really have no idea what they're doing and ended up being bag holders. So far as Moderna being a 10-bagger over the next 5 years, good luck with that, you're going to need it. Not saying it's not possible, but I think it's unlikely, and chances are better that this stock continues to decline.
RNA-based drugs have lots of potential, but they've got lots of problems that are being exposed right now, and that potential could take many years to unfold. PFE and MRNA products would never have come to market without the fear-mongering, scare, and force tactics of the government (and yes, Trump had his part in fast-tracking this too). There will be some winners, but there will be lots of competition and Moderna really hasn't shown that it can compete on an open market without the help of government intervention. Let's check back in 5 years and see how that investment pans out for you.
Big Pharma Not What It Was
[QUOTE=ILuvEmall;6709580]Let's start with facts, not BS. PFE was sitting around 20 this time 10 years ago. It's sitting around 29 now. How do you get 200% from that? I take it math was not your major? That's a total return of less than 50% over 10 years, which compounds out to 3. 5% annually. If you think that's great shakes, than go for it. More recently, Pfizer has broken below its pre-pandemic levels, and is giving a negative return over the last 5 years. Hardly a winner.
RNA-based drugs have lots of potential, but they've got lots of problems that are being exposed right now, and that potential could take many years to unfold. PFE and MRNA products would never have come to market without the fear-mongering, scare, and force tactics of the government (and yes, Trump had his part in fast-tracking this too). There will be some winners, but there will be lots of competition and Moderna really hasn't shown that it can compete on an open market without the help of government intervention. Let's check back in 5 years and see how that investment pans out for you.[/QUOTE]Correct. The market trades on emotion as well. Nothing but pending lawsuits regarding the jab and constant scrutiny about price gouging if a company does stumble upon a new cure or treatment. What once was a safe haven is now almost toxic. Big Pharma will have a few short term winners, but as an investment sector it was a big loser the past year and I don't see a lot of upside with a hearing on drug prices almost weekly in Congress.