There was a time when the most boring, reliable financial investment around was TLT. I mean, come on, it’s a bond fund. You put your money in and collect your modest interest payment and life goes on. But not anymore. Just look at this – – seven months, and 22% of the value gone. Losing 22% is expected for the likes of Tesla. But – – government bonds?
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
One of the most hysterically-funny overvalued IPOs of all time, DoorDash,(symbol DASH) is starting to find its true value of $0, step by step. Here we see the stock at lifetime lows, having lost 50% of its value in a matter of weeks. This stock might not even exist in three years.
I can’t remember the last time I woke up to an all-red screen:(more…)