Thread regarding Intel Corp. layoffs

Stock investment change. Get out of tech , get into financial.

Trump's investment moving forward is going to be old school dipshit low tech business. I think we are seeing peak prices on the companies , especially chip sector and on the usual FANG companies. I got out and am..moving my investments into financials. It is pretty evident Trump will push of heavy deregulation and allow stupid people in this country to hang themselves on loan products they don't understand and can't afford.

I bought 20,000 shares of Fannie Mae at 1.88 before the election, gambling that one day they would be deregulated and start receiving dividends again. I also bought about 8000 shares of Bank of America around $18. Trump's win totally accelerated their deregulation prospects.BAC sits at $21 now... And FNMA just crossed $4.

Enjoy the run up. This is the new Trump crony capitalism economy. Can't beat the system, join em. Get out of tech.

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Post ID: @OP+KCAtbJi

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Lehman brothers stock was doing well also, right before the biggest bankruptcy in U.S. history.

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Post ID: @2xbh+KCAtbJi

Sadly, I have to agree. Good call on that. We in tech tend to have the wishful blinders on. That especially holds true for anyone at Intel for any length of time.

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Post ID: @xyd+KCAtbJi

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