Everyday, I regret ragequitting my FANG job when interest rates were low.
My net worth is down about 40% from ATH. I've been unemployed for 16 months while the stock market rebounded. My R-SLURRED financial advisor told me to sell meta stock for capital loss harvesting at all time lows.
My business loses money every quarter. My cofounder does basically nothing and the sales guy quit. 200k went down the drain paying for business expenses and nobody wants to buy this shit at ZIRP prices.
On the plus side the weather in Florida is a lot nicer. Post your suicide suggestions below.
Jump in the discussion.
No email address required.
How tf did Meta rebound so much? Did that many people buy-the-dip it back up?
You mean your company's debt?
Jump in the discussion.
No email address required.
Part of it was definitely layoffs because they over hired like everyone else did during ZIRP.
But also, their ads are just good because of the position they occupy. I mean, they poached Google's ad engineers in the early days and they completely dominate Twitter today.
Their AI efforts have value, but this value (llama etc) probably does not make as much of an impact on the share price.
Jump in the discussion.
No email address required.
Meta quietly owns a ton of AI and VR/AR patents.
Any financial advisor who tells you to sell Meta is literally a redditor.
Jump in the discussion.
No email address required.
More options
Context
Are you taking about your company's debt?
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
Oh, darn, that sucks. At least it costs very little to pay out the interest rate.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context