There's like at least four different products they have for "AI" and they're all unusable.
This AI and ML shit seems scammy
You could probably make a lot of money if you made some dumb ML thing like integrate it into Google maps and say it’s a new company that uses AI to determine the best route for drivers or some gay shit and then just get re tards to invest into it
Yeah im pretty sure ive heard every tech ceo say those same words in the last 24 months actually
The point by the way
To say "rebalance out of bitcoin"
And "diversify out of bitcoin"
Are synonymous in this situation.
The only reason to raise an objection is because you've specifically read the theory of "rebalancing a portfolio of 2 stocks blah blah" which is something different. And think you know something I don't hence the attempt at a dunk
However unfortunately in both situations rebalance as a verb means exactly the same thing: To take money from one (or several) investment, and put it into another (or several). Altering the balance aka relative percentage weights of different assets or strategies in the portfolio. Rebalancing is the action you take when you reconfigure the distribution of assets in a portfolio for any reason (including as part of a "rebalancing pareto principle strategy I learned in math class" or as part of a strategy of diversification)
I think that you dont know that spy exists and youre telling us about stuff they used to do in the 80s
Yes
I'm highly certified
Yes, I know you're wrong; thanks for writing it out.
Nope I'm right. Lol
Isn’t spx better than spy for some reason. I don’t know the reason I just read that somewhere. Could be wrong
Here's a question: if you periodically rebalance your portfolio, are there situations where you end up with your portfolio being ALL OF ONE ASSET?
is it all garbage and is it more worthwhile to just rent out A100s or A40s myself?
have you ever gotten it to work. there's my major question.
Spx is the top 500 companies spy is the etf that you can buy that has those companies
I think voo has lower management fees or something but theyre both miniscule and spy is more liquid but that doesnt matter for 99.99% of investors
Yea I just looked it up it only applies to options trading which is probably where I heard that. Spy options trade the etf but Spx trades the s&p500 directly and there’s some advantages to doing that from my understanding
And to go back to another one of big ass' points. If you diversify into other countries with your money you arent a true american
We kind have every country by the balls if you are investing in them you are literally throwing money into a fire
this country is absolutely done for
Wuts ur time horizon