Trailing PE is 70 something but forward PE is like 11? Something like this

That doesn't really make sense.. what's going to increase Pfizer's earnings by like 7x last year to this year?

yeah true. OP seems like he has some kind of investment experience so i mentioned the micros (/MES). 1k doesn't seem like much for him. then when he gets profitable move that puppy up to /ES. with a chart trader setup with with a profit target of 1-2 points and stop loss, he can cut his losses fast after losing just around 100 to $200, knowing he needs to change his "strategy". cause at that point, if you're not in the green and you can't scalp and make $ on the micros, it's time to stop

or hell, if he's profitable on MES just stay there, don't need to bump it up, especially if his emotions start to affect his trading

edit: he mentioned amazon turk and the time investment: value ratio is just god awful. another pro of futures trading. can catch several points on a gg trade and be done for the day. maybe he'd like that iuno lol

This post was edited by ChocolateCoveredGummyBears on Feb 1 2024 02:58pm

It’s an odd case for sure, I’ll look more into it but 2023 was a terrible year for the stock and this reflected in stock price

For context the trailing PE 1/2023 for this stock was around 10.

The reason for the inflated trailing PE right now is because earnings took a complete shit and iirc the last 1 or 2 quarters it was actually eps negative for the first time in a long time. The demise in earnings outpaced the demise in stock price so trailing PE ballooned as a result.

I think forward PE for this ticker is going to be more accurate

Crypto is still worth exploring but don't quit your day job over it.

I would just either get a job/trade and grind or start a business if you are the entrepreneurial type

Pfizer site here in town. They laid off a TON of people.

Has made looking for a higher paying job a bitch and a half. Whole market is flooded.

My credit card interest is like 12-13% which is not terrible; I'm working on paying my escrow down so I can use that to buy more houses but I had to ring up the card debt kind of in an emergency. I'm trying to recover my 820+ credit score so I don't intend to apply for any thing for quite a while I would rather pay the little bit of extra interest

With my current track I should have my CC debt paid off in 18 months and anything extra I make on side hustles, etc will reduce that time significantly. I think I mentioned I paid off like $15K (1/3rd+) in 3~ months.

I never said I can't get credit my cards have $25k+ credit limits one is maxed out that has 12% interest and I have about $6K left on my card with 13.5% interest which I expect to have the $6k paid off within 2 months...





I did that already for 10-15+:years and bought my rental homes, all of my bills are paid and I earned a little bit of a slow down; Its not worth it to me any more to show up to somewhere and give up 4-6+ days of my week for someone else to profit

And I don't want to build a traditional business because I want my schedule to remain free and that requires a lot of time commitment typically; just looking for little passive side hustles even if they're only like a few hunno a month but I do appreciate your sentiment and encouragement though, ah-men brother!



This is solid advice I do not really know of these apps/sites you listed but I will most probably research them and educate myself more; when I have day traded in the past I just watched for trends in the purchase orders and made my purchases based off of them, I've done well but some of it I'm sure was luck.



Right now because I am trying to pay down my principal aggressively to build escrow I don't really have 100K liquid and I probably am saving more paying down my interest than I would make on a long term investment like that

I actually do have a few small dividend yielding investments but none of them are substantial enough to make a difference month to month

But thank you for sharing solid knowledge


I have to be honest I don't know some of this terminology 😅 I should definitely work on that



I have independent experience with crypto, stocks, I buy, sell, trade and flip a lot of stuff so I understand supply, demand, somewhat understand market trends, etc but I definitely am a novice compared to some people that is part of why I posted here

$1k is not a whole lot but I'm dabbling with 10s and 100s just to learn I feel like I have the potential to build up quite a profit in the right market 😵‍💫



I don't actually have a day job and I've been messing with crypto for a few years now although more from the mining aspect and I would like to work more towards letting the little bit of crypto I have work for me and grow itself

I've actually been using a crypto gambling site that offers "free"hourly rewards but if I can even make $1/hr and maybe run multiple instances in my spare time on my phone, clear $30-50 a day passively that's an extra $1000~ a month in solid principal payment




Thank you everyone for all of this knowledge, encouragement, etc I thought the thread was going to go dead there at first!

This is awesome thank you!

Well you can't do nothing at least build an investment portfolio till the returns you can comfortably live on. So just grind away for another 10 years.
You are still young and might be suffering from a burnout. Just have to find something you do enjoy that way it won't feel like a chore

if you have a lot of liquid cash, you can always fiddle around with t-bills. 4 weeks are at 5.280%


https://www.fncalculator.com/financialcalculator?type=usTreasuryBillCalculator

i love this calculator so thought i'd throw it out

i mean you're gonna need 100k to even make $400/m lol.. but i mean they are out there

This post was edited by ChocolateCoveredGummyBears on Feb 3 2024 04:43am

I think this is low key happening at more places that are publicly acknowledging