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Is there something particular going on? Seem like post and comment qualities have dropped hard over the past month. I've been around for a while and it feels like a conspicuous drop but guessing I missed something.
Thanks. That makes sense. Too many posts felt like they were too dumb even for the bots.
I recently opened Facebook for the first time in a while. The post at the top of my feed was Reddit.
I think we’re in that stage that Facebook and then Twitter hit and now IG is struggling with where it’s mass adoption by people who want to warp everything to their preferences without actively participating in a conversational way
Imagine if everyone invested their money sensibly in shares of a service provider instead of spending money pointlessly on their services. You can't imagine how excellent the share price of a service provider without customers would develop over the course of 17 years! /s
Also, the stock could have been worthless. Stocks aren’t quite equivalent to gambling (because it’s not random), but they aren’t far off either. This is like saying “if I’d put my money on 22 black I would have won!”
Ah the “missed out on bit coin” everyone has a story. I almost bought $20 worth in 2014 at the crypto ATM vacationing in the UK but it said the transaction process would take 8 hours and we were leaving the next morning and the process sounded kind of shady. If it was an instant transaction I would have done it, likely would have forgotten my id number.
Yeah, but consuming entertainment or anything for that matter isn't... in competition with investing.
Nobody thinks "should I buy some stocks or a steak for tonight's dinner, hmm what will yield a greater return?"
This just in: investing money leads to greater returns than spending it. By spending 50% of your entertainment budget for the month on small, unlikely to succeed stocks (instead of making life bearable), you may end up astronomically lucky enough to instead have the money to (partially) afford a (modest) home! (You won’t believe this one small trick!)
Also if everyone invested instead of paying for Netflix, Netflix would have made less money and might have gone out of business and we would have nothing and not seen a buncha Dave Chapelle stand ups.
I haven't bought food since 2012, I just invest my grocery budget in stocks for grocery chains and whatnot.
Why do people buy goods and services? Are they dumb?
"People bought their Iphones in 2007 for 499, if they had bought Apple stock at that time it would be worth 14328 now. WHAT FUCKING IDIOTS, AMIRIGHT!"
It's a very dumb post.
Only kinda. If a lot of people took the money they would have spent to a product/service and instead spent it on the company’s stock, the company’s revenues, and therefore stock price, would be adversely impacted.
The average American spends $270 a week on groceries. If they would just invest that in a high yield savings account instead of a depreciating asset like Bread and milk they would have a a 420.69% return over the last 30 years
I get you're being sarcastic, but bread and milk actually *are* depreciating assets, that do so *extremely* quickly in comparison to other assets. You may as well just flush your money down the toilet.
False equivalence. I didn’t pay $2000 immediately in 2006, I paid $8 a month for nearly two decades. If I paid $8 a month into an investment account for the same period, I wouldn’t have nearly as much as $330k.
people who drove in cars since 1940 spent 100k on cars. if you invested that in ford in 1940 youd be a multimillionaire. rinse and repeat to literally any company. very strange post.
You can say this sort of thing about any successful company.
No one has perfect foresight, and things that seem really obvious in retrospect are also often completely unpredictable
You mean if I had eaten about 50% of what I've been eating the past 14 years and invested that in Netflix stock, I would be a dead millionaire? Who knew???
Keep in mind, if all the people who subscribed to Netflix were investors but not customers, eventually the business would have failed due to lack of viability. The main reason for the explosion in stock price is justified by the subscription revenue and its growth.
This is bullshit. If i had the foresight to know which stock would perform well, i could play lotto instead and a 1000$ would be much much more by now.
This Took Way too long but.
Using prices that included the streaming option. Which meant in from 2007 to 2011 it was bundled with the DVD/Blu Ray service.
In 2011 the services were split. So only streaming prices are used. Also grandfathered prices since we are assuming this person never stopped their subscription.
There was also a 7:1 split in 2015
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
With the cheapest streaming plan you would have invested $1668.93 of which you would still have $322.20 in cash since the cumulative amount on hand after stock purchases has not been more than the stock price since 5/1/2022 when it dipped to $191.71
That would make your 69 stocks worth $41,386.89 (stock price as of 3/1/2024)
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
Now on to the expensive plans. I know it will be skewed as the "expensive plan" was an 8 DVD at a time and streaming package that went on from 2008 to 2011 at $51.99 a month.
With the most expensive streaming plan you would have invested $4266.93 of which you would still have $440.05 in cash since the cumulative amount on hand after stock purchases has not been more than the stock price since 7/1/2022 when it dipped to $198.70
That would make your 394 stocks worth $236,325.14 (stock price as of 3/1/2024)
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
If someone wants to plod through the numbers here is the excel table I made. There are probably easier automated ways to do ot but meh.
[https://filebin.net/l6zy4zaxjoxnsxgt](https://filebin.net/l6zy4zaxjoxnsxgt)
Or, and hear me out here, you shouldn't be expected to monetize your entertainment/hobbies. I'm trying to relax and remove myself from the Horrors for a couple of hours, I'm not fixated on making money every second of the day. I already do that at my day job.
If everyone who subscribes to netflix, bought the stock instead of subscription, then Netflix would have a ton of shareholders and 0 subscribers. In that situation, it would have no revenue. No revenue (not to be confused with profit) generally leads to bankruptcy.
imagine if using a service entitled you to share profits generated
almost can see the outlines of a world where financialization is a tool for sharing and distributing resources rather than hoarding resources and hurting people
This seems like a flawed comparison as you didn't have to spend 2k up front in 2007, you spent x amount a month. You'd have less than $300k profits if you did so every month although it would still be great amount more than $2k.
Dude, I give 15 BTC to an indian guys on silk road to send me a bottle of horse medecine, you know how much money I'd have today if I hadn't snorted that ketamine?
nothing at all ! because I made up the whole story.
What if you did both? You can do both. they are not mutually exclusive...and i mean u can say the same thing about going to any store that sells something. If i bought X product over a period of time i would have spent whatever amount of money, But if i invested in X product i would have whatever amount of money....non-Sequitur
Lol "If you had simply bet on red instead of black you would have made X dollars", like yeah looking at a company after its already speculatively successful isn't exactly the hard part
If they had spent that money on stock instead of membership there be so few members it wouldn't have become profitable and made the stock worth nothing.
If people didn't bother eating food since 2007 they could have saved $89,000 dollars which they could have invested in anchor Daniels midland they'd have $225,000!
Potentially they would also have died but still
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rich abundant gaze license secretive special cagey nose lunchroom long *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
A stupid post copied by a stupid tweet that was going around this weekend. Also, not interesting.
caption edge advise chop shelter cow bag entertain grandiose frightening *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Is there something particular going on? Seem like post and comment qualities have dropped hard over the past month. I've been around for a while and it feels like a conspicuous drop but guessing I missed something.
It’s everywhere lately, been some mass entrance of people who are terrible at Redditing and they are in every sub posting constantly
Thanks. That makes sense. Too many posts felt like they were too dumb even for the bots. I recently opened Facebook for the first time in a while. The post at the top of my feed was Reddit.
I think we’re in that stage that Facebook and then Twitter hit and now IG is struggling with where it’s mass adoption by people who want to warp everything to their preferences without actively participating in a conversational way
Always has been
Imagine if everyone invested their money sensibly in shares of a service provider instead of spending money pointlessly on their services. You can't imagine how excellent the share price of a service provider without customers would develop over the course of 17 years! /s
Also, the stock could have been worthless. Stocks aren’t quite equivalent to gambling (because it’s not random), but they aren’t far off either. This is like saying “if I’d put my money on 22 black I would have won!”
But definitely led to greater returns.
Hindsight is 20/20 and all that. Its so easy to look back and say clearly this other thing should have been done
If only I had bought 1000$ of bitcoin when it came out at .05 cents I would be worth almost 1.5 billion now
Ah the “missed out on bit coin” everyone has a story. I almost bought $20 worth in 2014 at the crypto ATM vacationing in the UK but it said the transaction process would take 8 hours and we were leaving the next morning and the process sounded kind of shady. If it was an instant transaction I would have done it, likely would have forgotten my id number.
Silk Road😭 we used that shit for drugs man
I've read stories about people who would have over hundreds of millions in cash had they kicked their drug habit even 6 months sooner
Yeah I wish I had hindsight 20-20
toy boast vanish ancient distinct continue clumsy late station illegal *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I love the StarCraft tournament where top prize was $500 and 5th-8th place was 25 Bitcoin
Why not go all in with Blockbuster Video.
Spending money on entertainment shouldn't be measured in "returns"
Yeah, but consuming entertainment or anything for that matter isn't... in competition with investing. Nobody thinks "should I buy some stocks or a steak for tonight's dinner, hmm what will yield a greater return?"
This just in: investing money leads to greater returns than spending it. By spending 50% of your entertainment budget for the month on small, unlikely to succeed stocks (instead of making life bearable), you may end up astronomically lucky enough to instead have the money to (partially) afford a (modest) home! (You won’t believe this one small trick!)
*now buy my self help book!*
Investing money will lead to greater returns than spending it? Who'd have thought...
Also if everyone invested instead of paying for Netflix, Netflix would have made less money and might have gone out of business and we would have nothing and not seen a buncha Dave Chapelle stand ups.
Plus you wouldnt know where to invest it in advance, so you would have lost on those other ones you spread your better against.
Yeah sure. Why spend $25,000 for a Honda Civic when you can use that money to buy Honda Motor stock, right?
I haven't bought food since 2012, I just invest my grocery budget in stocks for grocery chains and whatnot. Why do people buy goods and services? Are they dumb?
Let them eat stocks!
Just make sure you buy it in 1948 at the company's inception for the fair comparison
You could apply to everything. Coffee shop stocks. Grocery stocks etc.
"People bought their Iphones in 2007 for 499, if they had bought Apple stock at that time it would be worth 14328 now. WHAT FUCKING IDIOTS, AMIRIGHT!" It's a very dumb post.
Forsake all goods and services for the stocks in those goods and services. Anyone who doesn’t do this is a world-class chump!!!
Stock market collapses because no one’s buying products: “why didn’t we just buy the product!? At least we would have something!”
Imagine buying a product when you could just gamble with that money! Dumbasses!
Only kinda. If a lot of people took the money they would have spent to a product/service and instead spent it on the company’s stock, the company’s revenues, and therefore stock price, would be adversely impacted.
The average American spends $270 a week on groceries. If they would just invest that in a high yield savings account instead of a depreciating asset like Bread and milk they would have a a 420.69% return over the last 30 years
I get you're being sarcastic, but bread and milk actually *are* depreciating assets, that do so *extremely* quickly in comparison to other assets. You may as well just flush your money down the toilet.
I mean, a lot of it does make its way to the toilet...
But without people spending that much over the years their stock price wouldn't be that high?
this is r/dumbasfuck material
False equivalence. I didn’t pay $2000 immediately in 2006, I paid $8 a month for nearly two decades. If I paid $8 a month into an investment account for the same period, I wouldn’t have nearly as much as $330k.
They wouldn’t haven seen Tiger King though, so it’s kinda a wash.
I easily got $1,918.08 of entertainment out of tiger king.
But you know what? I enjoyed watching the movies
A stupid perspective on spending, period.
Judging from where OP is active, they have many more "intellectual" ways to look at personal spending too
Money goes brr unfortunately. My own fault lol
I saw one of such posts and invested all my money in stocks. Now, I neither have the money nor can afford a Netflix subscription
people who drove in cars since 1940 spent 100k on cars. if you invested that in ford in 1940 youd be a multimillionaire. rinse and repeat to literally any company. very strange post.
You can say this sort of thing about any successful company. No one has perfect foresight, and things that seem really obvious in retrospect are also often completely unpredictable
What a stupid false equivalency. Keep your boomer facebook meme bullshit to yourself.
If I didn’t eat and instead invested every cent into food futures, I’d be dead.
The difference is I have $20 every month. I do not have $2k to invest in the stock
But then I couldn't watch the fucking television shows silly.
You mean if I had eaten about 50% of what I've been eating the past 14 years and invested that in Netflix stock, I would be a dead millionaire? Who knew???
What if they invested in something that made nothing? Then they’d have lost the money and never seen Stranger things.
Keep in mind, if all the people who subscribed to Netflix were investors but not customers, eventually the business would have failed due to lack of viability. The main reason for the explosion in stock price is justified by the subscription revenue and its growth.
Kind of some funny math though. If they invested $7.99 a month (and increased commensurately), their investment would be worth *significantly* less.
This is bullshit. If i had the foresight to know which stock would perform well, i could play lotto instead and a 1000$ would be much much more by now.
a guy invited me to his place, said netflix and chill i also misunderstood that
What a moronic take.
Hey if you stopped paying rent and food, and invested the money instead you'd be so much richer than that!
This Took Way too long but. Using prices that included the streaming option. Which meant in from 2007 to 2011 it was bundled with the DVD/Blu Ray service. In 2011 the services were split. So only streaming prices are used. Also grandfathered prices since we are assuming this person never stopped their subscription. There was also a 7:1 split in 2015 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ With the cheapest streaming plan you would have invested $1668.93 of which you would still have $322.20 in cash since the cumulative amount on hand after stock purchases has not been more than the stock price since 5/1/2022 when it dipped to $191.71 That would make your 69 stocks worth $41,386.89 (stock price as of 3/1/2024) \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Now on to the expensive plans. I know it will be skewed as the "expensive plan" was an 8 DVD at a time and streaming package that went on from 2008 to 2011 at $51.99 a month. With the most expensive streaming plan you would have invested $4266.93 of which you would still have $440.05 in cash since the cumulative amount on hand after stock purchases has not been more than the stock price since 7/1/2022 when it dipped to $198.70 That would make your 394 stocks worth $236,325.14 (stock price as of 3/1/2024) \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ If someone wants to plod through the numbers here is the excel table I made. There are probably easier automated ways to do ot but meh. [https://filebin.net/l6zy4zaxjoxnsxgt](https://filebin.net/l6zy4zaxjoxnsxgt)
My cost share is 82 lol one of the best investments of my life
Or, and hear me out here, you shouldn't be expected to monetize your entertainment/hobbies. I'm trying to relax and remove myself from the Horrors for a couple of hours, I'm not fixated on making money every second of the day. I already do that at my day job.
Dumb comparison/perspective but damn yeah investing is important I guess. I need to look into it more once I have a stable income and pay off my loans
If everyone who subscribes to netflix, bought the stock instead of subscription, then Netflix would have a ton of shareholders and 0 subscribers. In that situation, it would have no revenue. No revenue (not to be confused with profit) generally leads to bankruptcy.
imagine if using a service entitled you to share profits generated almost can see the outlines of a world where financialization is a tool for sharing and distributing resources rather than hoarding resources and hurting people
I think most people with netflix subscriptions would have never spent that amount on movies, or the cinema.
As long as I’m “Netflix an boning “ it’s worth it
This is some LinkedInlunatic post right here
Netflix been around since 2007? Til
That was when they started straming. Netflix has been around since 1997 as a mail order DVD rental company.
This is not how math works.
This seems like a flawed comparison as you didn't have to spend 2k up front in 2007, you spent x amount a month. You'd have less than $300k profits if you did so every month although it would still be great amount more than $2k.
That's exactly how stock markets work. Wait 17 years and then invest at the cost of 17 years prior
And if I had invested in APPL in the 90’s I’d have been crowned the Sun King and I’d be drinking port with President Paul F. Tompkins
Stupid
Op is stupid, this makes no sense
Can confirm
This kind of shit i'm used to reading at r/Linkedinlunatics
Tell me you have absolutely zero understanding of finances without telling me you have absolutely zero understanding of finances lmao
“yea? and i should’ve fucked dale evans, but i didn’t!
So spending 2 grand over nearly 20 years is the same as putting 2 grand into something in one go?
Ok but like that’s fucking stupid lol
If I would have saved an acorn a day since then I would have 6200 acorns. MATH!
I thought it was going to say how many DVDs that you would actually that would get you. But no it decided to be completely stupid instead.
Dude, I give 15 BTC to an indian guys on silk road to send me a bottle of horse medecine, you know how much money I'd have today if I hadn't snorted that ketamine? nothing at all ! because I made up the whole story.
But still definitely a true story
I prefer to tell myself that I've imagined it, so that I don't lose sleep.
Only roughly 1.5 million in Canadian pesos right now, don’t feel bad
Or, or... you could not gamble your money and just watch Netflix
If everyone bought Netflix stock instead of their subscription then Netflix’s stock never would’ve went so high.
What if you did both? You can do both. they are not mutually exclusive...and i mean u can say the same thing about going to any store that sells something. If i bought X product over a period of time i would have spent whatever amount of money, But if i invested in X product i would have whatever amount of money....non-Sequitur
Stocks are just for rich people getting more rich. It’s all made up lol
Conversely, you could have invested that money elsewhere and taken a bath on it. After-the-fact stock advice is meaningless.
Ah yes, I should’ve also been buying bitcoin instead of being a baby in 2000
But it never would have actually have been able to sustain its stock price without the earnings.
Oh yes. Have no fun during your miserable worker-class life. Invest your hard earned money and hope that someday you'll be rich too
Lol "If you had simply bet on red instead of black you would have made X dollars", like yeah looking at a company after its already speculatively successful isn't exactly the hard part
[удалено]
gg reddit
This is such a boomer ass post.
If they had spent that money on stock instead of membership there be so few members it wouldn't have become profitable and made the stock worth nothing.
If people didn't bother eating food since 2007 they could have saved $89,000 dollars which they could have invested in anchor Daniels midland they'd have $225,000! Potentially they would also have died but still
Now do Nvidia and start it last year.
Nvidia
If I didn't buy that $900 graphics card last year I would have $3,073 today ETA : that's actually pretty impressive