this post was submitted on 04 Jul 2026
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The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.

Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says

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[–] Zwuzelmaus@feddit.org 33 points 1 day ago (4 children)

I feel like I'm way ahead of the market.

(If only I knew how to turn that wisdom into money)

[–] BreakerSwitch@lemmy.world 1 points 10 hours ago

Alas, the market can remain irrational longer than you can remain solvent.

[–] WanderingThoughts@europe.pub 2 points 15 hours ago (1 children)

The one you hear a lot is buying physical precious metals. But keeping that stuff at home is kinda risky and renting a vault isn't free either.

[–] Zwuzelmaus@feddit.org 1 points 13 hours ago (1 children)

There are certificates that are fully backed by physical metals, so it is easy to trade them. I even have some (but going to sell soon).

[–] bluGill@fedia.io 2 points 11 hours ago (2 children)

You want it at home. The real value in your of gold is when society collapses it still is a nice metal and so has value. Iron would work to but your house isn't big enough for your life savings in iron.

I don't think society will collapse and lacking that scenario gold isn't a better investment.

[–] silver@lemmy.zip 1 points 7 hours ago

Gold is money. Central banks are the biggest buyers, and that’s not as a hedge if society collapses. It’s an escape hedge from money printing and an universal medium of exchange

[–] Zwuzelmaus@feddit.org 1 points 11 hours ago

You want it at home.

Well, I don't.

I don't think society will collapse and lacking that scenario gold isn't a better investment.

I don't think that either. I buy it when I think it's value will rise.

[–] cideyav138@lemmy.ml 16 points 1 day ago (2 children)

I'm convinced that to win in today's market, you really can't think deeply about anything.

[–] Zwuzelmaus@feddit.org -2 points 1 day ago (1 children)

Hm. Maybe you can't. How does that help me?

[–] PlasticExistence@lemmy.world 7 points 1 day ago (1 children)

See, you’re still thinking when you ask questions

[–] Zwuzelmaus@feddit.org -3 points 1 day ago (1 children)

Why? I am always thinking. All the time, no matter what. So?

[–] Akasazh@lemmy.world 11 points 1 day ago (3 children)

Put options are a thing.

But best to stay out of stocks gambling unless you have money to lose.

[–] ttayh@lemmy.zip 1 points 12 hours ago
[–] GalacticSushi@piefed.blahaj.zone 8 points 21 hours ago

"The markets can remain irrational longer than you can remain solvent"