Ohhh good thread too bad I have to wake up really early tomorrow and should have been in bed an hour or two ago.
Well I am currently cash blocked atm and extremely worried on the inside about the fact that GOG declined my payments tonight. I'm not sure why but it's making me paranoid I wrote two checks and one didn't get cashed and counted my account total wrong and am going to found out I accidentally bounced a bunch of checks tomorrow (but then why wouldn't my landlord have called me already?) I have troubles with paranoia and general anxiety
BUT what are my investment plans, knock on wood should I get my issues resolved by July 31st when McConnel fails to renew UI/pass trumpelosibux 2.0 etc.?
Well let me tell you one thing ernst: CBD. I know I know it sounds like such a scam thing to invest in and I do have other ideas like genomics and biotech type of stuff all of which I'll try and explain later tomorrow, but what am I going to try to invest in should I suddenly have a couple grand, or even a few grand with stimulus? CBD.
I am actually currently looking for a good CBD IPO which is not as easy to find as I thought at first and sadly I'm going to be betting on not just what's a genuinely good product or company but rather what are boomers going to buy, but I have to look at which point in the supply chain the company is which tbh I'd much rather it be vertically integrated.https://www.forbes.com/sites/emilyearlenbaugh/2020/07/15/cbd-for-coronavirus-new-study-adds-evidence-for-cannabis-as-covid-19-treatment/
I really, really really really really want to get my f'n money by that time. Because see the thing is, a non-fucktardedly run CBD operation is going to be making you money anyway. Donald Trump passed the Farm Bill in 2018 which completely legalized hemp farming for CBD. This is going to be an exploding market. Not just for all the boomers, like for example my mom takes it, older boomer women are swarming to it, but also all the younger kids.
This shit just started appearing like last summer and with its passing http://anonym.to/https://www.congress.gov/bill/115th-congress/house-bill/5485
has expanded a new niche industry for all the people who want to smoke something like weed or take an alternative to pharmaceuticals. It can attract a wide range of people and I really want to get in on it before it becomes this huge thing. I view it as both reliable and expanding. The only thing is avoiding all those dippy kinds of people who may be running the show. I want a real professional, not some ditzy woman or drugged out stoner.
I'm thinking that the retailer is going to be a much riskier barring vertically integrated companies, but it's also got the greatest potential for rapid expansion of profits imo. A wholesaler otoh is probably going to be steady and reliable growth in profits, so it really comes down to, to me, if I had to choose, do I want the front end selling CBD oil, or the backend producing it or its precursor material?
So I think that it's not actually something that's going to be losing me lots of money if I'm wrong. However, can you just imagine what would happen if they come out with research that says it helps COVID somehow? They'll end up selling that shit like Forsythia. It wouldn't even matter if it worked that well or not just that it actually did something beneficial
that given our current political climate you just know
that Trump administration is going to start shilling for the stuff as a miracle nonstopunless he and/or Kushner had some weird competing investment interest against it like in big pharma that I don't know about or it conflicting
which is going to skyrocket any company that makes it practically over night especially if you find the one everyone decides to make the
company everyone popularizes all at once.
It's a big gamble but not necessarily a risky bet, and it's a major bet but one that can pay hard.
As for the economic news, like I mentioned earlier I want to get a little liquidity or at least something
that is not so American or dependent on our dollar. My big bet? That the stock market will crash softly this fall. Or it could even do so hard idk it depends what Mitch McConnel and Senate Reps do with the next bailout coupled with the housing issue which is tied to the lending from banks issue. It's all a real Jenga tower over here atm and frankly I don't feel safe depending on it at all in any way shape or form. Lotta uncertainty. LOTTA uncertainty. But that can just provide opportunity for the sharp eye, right?
So the other thing though is to bear in mind that the fed has been ordered to keep pumping mountains of debt directly into the stock market to make Trump look good, which on some fundamental level is making the whole of our GDP one giant bubble to pop. People could lose everything. But really it's not what you know but who you know sadly if that happens, like the Russian story. I know no one, so I will not be an oligarch. Not sure if and when something like that could happen though, but
tl;dr I'm expecting a second collapse in the stock market any week now as is anyone not completely retarded because
>Rising coronavirus infections threaten US economic recovery