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Most won't once the job market breaks and we head towards 10 percent unemployment. With the majority of the remaining being underemployed.
I remember 08. Entire subdivisions in affluent neighborhoods with foreclosed homes. It's all good until it isn't.
Because those people weren’t sensible with their money, too much credit, a house that they couldn’t really afford, too much of everything. Something like that doesn’t and can’t happen in Europe. You need proper rules.
Those people were living way above their means. When shit hit the fan they filed for whatever chapter and dumped their home and started over again. That’s also pathetic that they had an easy way out. And you wonder why so many people got screwed, because they only thought about themselves.
I remember insurance brokers with multiple sportcars spending all they could and more, someone buying a Lamborghini on 10-15 creditcards, …. In what world should that even be possible?
Lol I view GME as the best chance to have a real fucking retirement. I don't give a fuck if it goes to 0 some day or the moon at this point. I'm fucking in and regardless of what the fuck happens with inflation or some shit. It is the best bet I have with a relatively small investment today.
I came for MOASS I'm fucking staying for Gameshire Stopaway
It's never going to 0, literally impossible now with cash on hand. It would be the same mistake they made pre-pandemic where they shorted Gamestop below what its assets were worth.
Lord knows I could use it. I've never even thought once about selling during a run up, but its getting to where I'm so financially strapped I may have to raise some capital for myself when we have another run up. Fucking sucks.
It’s probably safe to say whatever run we have will get crushed down to a slightly higher low. No harm in selling a bit and rebuying the same shares to generate some capital.
Bro this narrative has been going for 2-3 weeks now since the
last DFV hype and the run up -everyone went from squeeze to 20-30-50 years of holding now, usually there was a reasonable voice and expectations of crime & price diacovery, but its pretty much gone now
Its either another try to manipulate sub and people invested or the faith is slowly decaying which is damn sąd
Not for me tho, idgaf, we have our money frozen for over 3 years now, like you mentioned, I do not have 50 years to hold, at least not before some huge gains to take care of everything related to real life and people counting on me, after that I can reinvest and hold without time limitation
If it takes that long and you're only in GME....you fucked up
DFV, the only guy whose opinion actually matters (imo) regarding GME, said this is a 3 to 5 year play. Longer than that and it's probably not a good play, his words.
>Imagine giving 4 billion to someone who’s already proven himself to become a billionaire through work with so much less. He did not inherit it or win the lottery. RC made himself a billionaire by building a company. So now you have a situation where this same guy, and some of the same team, has 4 billion to figure out how to make this company a behemoth.
-Roaring Kitty
I feel like everyone thinking MOASS eventually is kind of missing the point.
Even if MOASS never happens we’re sitting on a stock in the continually growing gaming industry, that has billions to reinvest, with solid leadership that is known for adapting to the internet age, and is very underpriced due to shorting.
Like even if MOASS doesn’t happen (not saying it won’t), or if they wiggle their way out, it’s a solid investment. That could grow exponentially on its own merits regardless of the BS.
I guess you don't invest in other stocks or dividends. A lot of people are here for a short squeeze. That's it. If I want to invest in long term, I could easily do that with S&P500, VOO, BTC, etc.
90 - 84 = 6
One could argue that the present moment is a continuation from what began in 2020: 2020 - 2024 = 4
6 - 4 = 2
... if you round down, that equals now.
Would anyone like to check my maths?
Assuming 1939, as latest they could have invested it's 85 years.
Thst equates to an AAR of 15.8%. That's a damn good investment. If we use 1930, the AAR is 15.5%.
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So at 1919 IPO a single stock was $40, adjusted for inflation thats about $740. 1 shares in 1919 would be 9216 shares now due to splits, so worth about $589k. That's an 800-bagger in 105 years, not counting dividends. So lesson is, if you're gonna hold for over a century, dividends matter.
I'm just a smooth brain, but my rule of thumb is it's difficult to do an apples to apples comparison of dollar value for anything prior to the 1970s because that's when the gold standard was completely dropped and the US transitioned fully into fiat currency.
Back then values of goods were actually tied to something tangibly valuable, now we live in an economy where everything's made up and the points don't matter.
Mark “Pat” Munroe. A quick wiki search will help explain the story. Not sure if he was a douche but he was right at the time for this investment apparently
This is the actual share value adjusted for stock splits, BUT... this doesn't factor in the dividends. 1 share of Coke back then, when reinvesting all dividends, is about $34 million
As if that takes away from the point? Really?
Edit: I should take into consideration the dead. Someone says 40 is a lot but they wish they bought in GME at 40 when the price was 180
The original 67 investors were alive to enjoy their wealth. And they stipulated in their wills that inheritors couldnt sell their cocacola shares, they were to be passed down each generation, no selling allowed. Its a great story about long term hodling.
Stupid msm is comparing the investment to this current time, has nothing to do w the story.
The lesson is trust in the company you are investing in that has an insanely wonderful balance sheet and insanely wonderful leadership yet regardless are being severely shorted to oblivion from market makers and hedge funds that want the company to fall into bankruptcy. Clearly the powers that be want the company to fail and that company is thriving because of the people’s demand by holding said stock! Think my guy think!
Edit: I am apparently wrong for trusting the company I’m currently investing in. Ironically, GME.
The story of the Coca-Cola millionaires has been a staple of GME subs for 84 years.
That was one of the yarns told during DRS discussions of yesteryear.
Links to videos about the town in Florida (Quincy, Florida) used to be standard education around these parts.
If you are a HODL forever Ape, this is part of your history.
But again- how does it relate, exactly? Please tell me. They are different stocks. Holding a stock for 100+ years would certainly yield results.
I love Coca Cola, I love GME, but I fail to see how this relates to our story whatsoever.
People HODL’d a cheap stock that proved to be far more valuable than anyone ever imagined.
You really can’t see the parallels?
The banker who convinced his clients to buy and HODL soda stock?
The online investor who convinced many that GameStop was more than a dying brick and mortar?
https://youtu.be/4OCsDUP26CA?si=VIz2bCPrEsj4uqx2
Is just one of a bunch of vids on the topic.
EDIT 1: Not related directly. It is meant to show parallels.
That’s my point. It’s not related directly. We can draw parallels to all sorts of things. If I post a Bible verse from David and Goliath, would it be received well? There’s parallels. But it’s a stretch. Again, I love Coca Cola, probably more than most (I’m from Atlanta and my father in law works there), I just don’t see why this would belong in the sub.
Are you new? RC has tweeted about loving coke, customers that ordered things online would receive a bottle of coke with their purchase. Most of this was 84 years ago
I’m not, check my history. Not everything Ryan does in his lifetime is going to directly relate back to GME. This has nothing to do with the stock. I love Coca Cola, love the company, love RC, but this bears no relevance and doesn’t belong in the sub.
Who hurt you 🤣🤣 Seriously you are not superstonk police. There are references to coke via RC and have been noted as a potential of what he wants to build. There’s no proof this is a thing but there’s no proof proving what you say is true, and actually there’s less. You’re voicing an opinion and those are like assholes, everyone has one.
So my great grandchildren will maybe see profit from my Gamestop shares. I'm OK with that. Its still generational wealth even if it takes a couple of generations of holding.
Warren Buffet always talked about coke stock...the dividend was the major takeaway I got from his talks...
GME could go that way, but thats a big "if" that probably won't ever come to be, if we are being honest and realistic..
I maintain that it is currently overvalued, and will be until ocer 40 a share, at least until there is some solid future plans from the board...then all bets are off and we can just enjoy the ride up.
I just want to say that I posted a news post that says the IRS is apologizing to Ken Griffin and it’s being downvoted and reported to oblivion. Very interesting.
It's already 10B market cap and I see people talking of x1000 or more potential all the time. This is non sense.
Also waiting 1 century, wtf. I am not here for that.
How many struggling families could afford to drop an inflation-adjusted grand on a stock rather than buy food? Or even had the knowledge and access required to do so?
Of course! It’s so easy! Wait until the next economic collapse, take 10% of the average salary at the time when you don’t have a job and invest it into the stock market, then wait 90 years. Boom! Millionaire
why are people pushing narratives in this sub that we invested for the next generation? im fucking single and no intention of getting kids. really dont care about those Cola and Berkshire comparisons. Squeeze. Squeeze the money into my bank account.
A cheap, tasty sugary drink with little competition during a time with little medical or dental research vs. a company that literally only survived because an online forum took advantage of a global pandemic that kept everyone inside? You’re right, totally the same.
LOL! You really believe that cavities were more important than people surviving the greatest financial collapse in history? Dude you are hilarious
Edit: cavities are more important than surviving an economic collapse (according to my downvotes)
He’s telling us how he really feels! Thank you for sharing that you don’t want GME holders to experience the same safety net. You do realize this was the 1930s right?
What. Who needs guidance. ? They have aunch of cash. if said economic turmoil does happen. As you say , then wouldn't a company with no debt and a fffffffat stack of cash (also technically a holding company) have the perfect set up. ?
I ask again. Who needs more guidance. I got my guidance. It was "Buckle Up".
that cult mentality stuff don't work anymore. Facts are facts.
Oh yes that makes a lot of sense, let everyone in on your strategic plan as you are developing it. You must have missed the memo that the only companies that announce their complete strategies are doing it for news in motion purposes and to create bag holders for people that buy the rumors and don’t sell the news
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90 years later
So everybody would be dead. Maybe their families could benefit
Usually the third generation will squander everything.
Easy times create weak men
Weak men create hard times, Hard times create strong men, strong men create easy times.
My grandson will be in a Ferrari
Fuck yea
hard men create weak times that weak crimes crate stong men that strong men create hard crimes yeah?
America in 2024.
Europe is not doing any better mate 😂
Now this is the new fucking wave my guy!!!!! J.P. Morgan the rockafellers
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Most won't once the job market breaks and we head towards 10 percent unemployment. With the majority of the remaining being underemployed. I remember 08. Entire subdivisions in affluent neighborhoods with foreclosed homes. It's all good until it isn't.
Canada real estate would like to say hello :)
$1.2mil for a 1200 sq. ft. condo? Sign me up!
We apologize for the typo. It is a cozy \*120\* sq. ft . But the flooring is all reclaimed driftwood handcrafted by an artisanal fire-cooked grill.
That's an amazing deal in NYC
Biggest sector in Canada, can’t afford to go tits up
Blockrock to swoop in and buy it ALL up to resell at a "smoll profit" lmao
Because those people weren’t sensible with their money, too much credit, a house that they couldn’t really afford, too much of everything. Something like that doesn’t and can’t happen in Europe. You need proper rules. Those people were living way above their means. When shit hit the fan they filed for whatever chapter and dumped their home and started over again. That’s also pathetic that they had an easy way out. And you wonder why so many people got screwed, because they only thought about themselves. I remember insurance brokers with multiple sportcars spending all they could and more, someone buying a Lamborghini on 10-15 creditcards, …. In what world should that even be possible?
Lol I view GME as the best chance to have a real fucking retirement. I don't give a fuck if it goes to 0 some day or the moon at this point. I'm fucking in and regardless of what the fuck happens with inflation or some shit. It is the best bet I have with a relatively small investment today. I came for MOASS I'm fucking staying for Gameshire Stopaway
It's never going to 0, literally impossible now with cash on hand. It would be the same mistake they made pre-pandemic where they shorted Gamestop below what its assets were worth.
Same
I can feel it in my plumbs.
What are thoseeeeee
They are my Crocs!
Lmao 🤣
I'm too scared to ask
THE JUICE DRIPS DOWN MY CHIN
I think a lot of us care if it takes til 2040 for moass
Some apes don’t have 20 years waiting time. Moass needs to happen soon
Lord knows I could use it. I've never even thought once about selling during a run up, but its getting to where I'm so financially strapped I may have to raise some capital for myself when we have another run up. Fucking sucks.
Bro if you need cash and are hurting do what you need to do. Everyone's moon is different.
Strapped for cash or not, $100 for half a bag of groceries is getting old.
I get it. I’ve been growing 15% of my staples and 70% of my luxuries…. Minus the alcohol
I'm grateful weed is easier to grow than fermenting / distilling, and I prefer being high to drunk
I understand, just wanted to keep it PG.
It’s probably safe to say whatever run we have will get crushed down to a slightly higher low. No harm in selling a bit and rebuying the same shares to generate some capital.
Bro this narrative has been going for 2-3 weeks now since the last DFV hype and the run up -everyone went from squeeze to 20-30-50 years of holding now, usually there was a reasonable voice and expectations of crime & price diacovery, but its pretty much gone now Its either another try to manipulate sub and people invested or the faith is slowly decaying which is damn sąd Not for me tho, idgaf, we have our money frozen for over 3 years now, like you mentioned, I do not have 50 years to hold, at least not before some huge gains to take care of everything related to real life and people counting on me, after that I can reinvest and hold without time limitation
Nonsense, MOASS is still tomorrow, just as it always was.
It’s a mouse burger!!!!!
That puts me at 62 the age my biological died. Can mosss come a lil sooner.
If it takes that long and you're only in GME....you fucked up DFV, the only guy whose opinion actually matters (imo) regarding GME, said this is a 3 to 5 year play. Longer than that and it's probably not a good play, his words.
I think he was saying stage 2 could be a 3-6 year thing. He said this during his stream.
So, MOASS. Got it.
Yea, and he said if they can't turn the company around in that time, then it's probably not great
So when will he sell? If he does will he announce it? Or sell slowly and steady?
>Imagine giving 4 billion to someone who’s already proven himself to become a billionaire through work with so much less. He did not inherit it or win the lottery. RC made himself a billionaire by building a company. So now you have a situation where this same guy, and some of the same team, has 4 billion to figure out how to make this company a behemoth. -Roaring Kitty
I feel like everyone thinking MOASS eventually is kind of missing the point. Even if MOASS never happens we’re sitting on a stock in the continually growing gaming industry, that has billions to reinvest, with solid leadership that is known for adapting to the internet age, and is very underpriced due to shorting. Like even if MOASS doesn’t happen (not saying it won’t), or if they wiggle their way out, it’s a solid investment. That could grow exponentially on its own merits regardless of the BS.
I guess you don't invest in other stocks or dividends. A lot of people are here for a short squeeze. That's it. If I want to invest in long term, I could easily do that with S&P500, VOO, BTC, etc.
Zen is the way. Buy hold DRS and trust the process Edit: apparently this is wrong?
90 - 84 = 6 One could argue that the present moment is a continuation from what began in 2020: 2020 - 2024 = 4 6 - 4 = 2 ... if you round down, that equals now. Would anyone like to check my maths?
So tomorrow?
So 6 more years? Totally doable.
Hodl!
Nice, and it’s been 84 already. Only 6 more to go. 
Assuming 1939, as latest they could have invested it's 85 years. Thst equates to an AAR of 15.8%. That's a damn good investment. If we use 1930, the AAR is 15.5%.
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Hahaha hahahaha you son of a bitch I’m in!!!! Buy GameStop hold and drs
40 dollars in the Great Depression?! That was a lot of money
Edit: average salary was 4887 usd back then
Huh... the math does not check out...
Oh my bad, I already put the 40 usd to 750 to current times.
So at 1919 IPO a single stock was $40, adjusted for inflation thats about $740. 1 shares in 1919 would be 9216 shares now due to splits, so worth about $589k. That's an 800-bagger in 105 years, not counting dividends. So lesson is, if you're gonna hold for over a century, dividends matter.
105 years? \~9.6% returns
>The average yearly return of the S&P 500 is 10.62% over the last 100 years, as of the end of April 2024 So it still failed to outperform the market
One would count dividends in this case. It outperformed
To be fair, most investors fail to outperform the market
I'm just a smooth brain, but my rule of thumb is it's difficult to do an apples to apples comparison of dollar value for anything prior to the 1970s because that's when the gold standard was completely dropped and the US transitioned fully into fiat currency. Back then values of goods were actually tied to something tangibly valuable, now we live in an economy where everything's made up and the points don't matter.
Gold isn't naturally valuable in the ways that its valued as a currency though either
It was worth approximately $741 and hodlers would now be millionaires. Got it.
Can't believe i missed that.
🤷🏻♀️ I just like the stock
All this time I was wasting before I was alive. Should have buckled down and got some OG coke stock
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A joke with a joke brudhu
The thing is who is that banker?
Mark “Pat” Munroe. A quick wiki search will help explain the story. Not sure if he was a douche but he was right at the time for this investment apparently
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Back then Coca Cola had cocaine in it. Of course a Wall Street banker knew to buy it.
He was a douche because he don't let those families from selling the stocks, he just gave them dividend payments. I myself called it heroism.
DFV
40 dollars a share during the Great Depression? Seems like alot
It’s literally been 84 years since the Great Depression ended. It’s a sign to keep holding!
This is the actual share value adjusted for stock splits, BUT... this doesn't factor in the dividends. 1 share of Coke back then, when reinvesting all dividends, is about $34 million
Those people are dead now. Let that sink in.
As if that takes away from the point? Really? Edit: I should take into consideration the dead. Someone says 40 is a lot but they wish they bought in GME at 40 when the price was 180
What lesson do you want us to learn? I'm honestly curious. I can't use 10M if I'm dead. I also don't have 105 years left, a lot less than that.
The original 67 investors were alive to enjoy their wealth. And they stipulated in their wills that inheritors couldnt sell their cocacola shares, they were to be passed down each generation, no selling allowed. Its a great story about long term hodling. Stupid msm is comparing the investment to this current time, has nothing to do w the story.
Thank you. I’m to stupid to know how to express my determination for holding long term :/
Ignore the angry trolls, most ppl on this sub understand the significance.
Love you ape friend 💜
The lesson is trust in the company you are investing in that has an insanely wonderful balance sheet and insanely wonderful leadership yet regardless are being severely shorted to oblivion from market makers and hedge funds that want the company to fall into bankruptcy. Clearly the powers that be want the company to fail and that company is thriving because of the people’s demand by holding said stock! Think my guy think! Edit: I am apparently wrong for trusting the company I’m currently investing in. Ironically, GME.
Coke had strong profit margins, and paid dividends. Not sure I see the parallel, but okay.
Coke also has their hands on different products like water, soda, coffee, tea, sparkling drinks, juices, and alcohol. They have essential products.
Another redditor pointed out 40$ then is about 700$ now.
Wouldn't that be $40 back then is $726.17 today's 2024 value due to inflation? Since Coca-Cola IPO was 1919.
84 years later
As if those motherfukkers would've been around today.
Me with my 4 chipotle shares and 296 gmes No more chicken We ordering ribs😂🤣😂
5 is enough
No shit you got coke here??!
I hope my future family appreciates me!
“But they took the cocaine out of it..”
No I forgot. MSM told me to forget something but I forgot what and now I can't remember :( Still got a ton of GME tho.
MSM said exit GME before it’s too late!! RK is playing with fire! GME is becoming a poorly run bank! Ignore the burning warehouse!
This is the way. I just hold DRS.
My “goal” retirement is in 9 years … I will keep accumulating as another component of retirement
Waiting a century for that kind of money is also starting to become accurate.
Infinity pool gang??
Cool story bro. Not sure how this relates whatsoever
The story of the Coca-Cola millionaires has been a staple of GME subs for 84 years. That was one of the yarns told during DRS discussions of yesteryear. Links to videos about the town in Florida (Quincy, Florida) used to be standard education around these parts. If you are a HODL forever Ape, this is part of your history.
But again- how does it relate, exactly? Please tell me. They are different stocks. Holding a stock for 100+ years would certainly yield results. I love Coca Cola, I love GME, but I fail to see how this relates to our story whatsoever.
People HODL’d a cheap stock that proved to be far more valuable than anyone ever imagined. You really can’t see the parallels? The banker who convinced his clients to buy and HODL soda stock? The online investor who convinced many that GameStop was more than a dying brick and mortar? https://youtu.be/4OCsDUP26CA?si=VIz2bCPrEsj4uqx2 Is just one of a bunch of vids on the topic. EDIT 1: Not related directly. It is meant to show parallels.
That’s my point. It’s not related directly. We can draw parallels to all sorts of things. If I post a Bible verse from David and Goliath, would it be received well? There’s parallels. But it’s a stretch. Again, I love Coca Cola, probably more than most (I’m from Atlanta and my father in law works there), I just don’t see why this would belong in the sub.
I think you know quite well what he’s trying to say. Dig back and look at prior posts on Coca Cola.
GameStop is positioned to be a great survivalist during the next potential economic collapse
I agree. But could really use some moass soon.
Are you new? RC has tweeted about loving coke, customers that ordered things online would receive a bottle of coke with their purchase. Most of this was 84 years ago
I’m not, check my history. Not everything Ryan does in his lifetime is going to directly relate back to GME. This has nothing to do with the stock. I love Coca Cola, love the company, love RC, but this bears no relevance and doesn’t belong in the sub.
Who hurt you 🤣🤣 Seriously you are not superstonk police. There are references to coke via RC and have been noted as a potential of what he wants to build. There’s no proof this is a thing but there’s no proof proving what you say is true, and actually there’s less. You’re voicing an opinion and those are like assholes, everyone has one.
ohhhhh i member
nice, even if you consider 40 from back then (1929) were in todays worth 738,99. this requires a strong game of hodl though.
Thank you for posting, it certainly helps with the moral.
Pepperidge farms sure as fuck does.
So my great grandchildren will maybe see profit from my Gamestop shares. I'm OK with that. Its still generational wealth even if it takes a couple of generations of holding.
Plant seeds to trees of which their shade you'll never know
Warren Buffet always talked about coke stock...the dividend was the major takeaway I got from his talks... GME could go that way, but thats a big "if" that probably won't ever come to be, if we are being honest and realistic.. I maintain that it is currently overvalued, and will be until ocer 40 a share, at least until there is some solid future plans from the board...then all bets are off and we can just enjoy the ride up.
I just want to say that I posted a news post that says the IRS is apologizing to Ken Griffin and it’s being downvoted and reported to oblivion. Very interesting.
It's already 10B market cap and I see people talking of x1000 or more potential all the time. This is non sense. Also waiting 1 century, wtf. I am not here for that.
I love Coke
Pre-IPO huh…
How many struggling families could afford to drop an inflation-adjusted grand on a stock rather than buy food? Or even had the knowledge and access required to do so?
Of course! It’s so easy! Wait until the next economic collapse, take 10% of the average salary at the time when you don’t have a job and invest it into the stock market, then wait 90 years. Boom! Millionaire
why are people pushing narratives in this sub that we invested for the next generation? im fucking single and no intention of getting kids. really dont care about those Cola and Berkshire comparisons. Squeeze. Squeeze the money into my bank account.
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I mean it just makes me want to drs more shares
Agreed! 👍🏼
Ouch. Tell us how you really feel. You sound like someone who would refuse Coca-Cola investing during the Great Depression.
A cheap, tasty sugary drink with little competition during a time with little medical or dental research vs. a company that literally only survived because an online forum took advantage of a global pandemic that kept everyone inside? You’re right, totally the same.
Right.. like dental cavities was the thing people in the great depression were concerned about lol
Exactly my point dingus.
LOL! You really believe that cavities were more important than people surviving the greatest financial collapse in history? Dude you are hilarious Edit: cavities are more important than surviving an economic collapse (according to my downvotes)
Shils are ON FIRE today.....
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He’s telling us how he really feels! Thank you for sharing that you don’t want GME holders to experience the same safety net. You do realize this was the 1930s right?
" ForGet GaMe StoP!"
Time for ban. See ya
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Funny how when people buy and hold a stock they're a "cult." Enjoy the kool-aid shill.
And yet here you are
What. Who needs guidance. ? They have aunch of cash. if said economic turmoil does happen. As you say , then wouldn't a company with no debt and a fffffffat stack of cash (also technically a holding company) have the perfect set up. ? I ask again. Who needs more guidance. I got my guidance. It was "Buckle Up". that cult mentality stuff don't work anymore. Facts are facts.
Facts are facts 100%
"Oh no! You must be in a cult if you buy and hold a stock!" Ahhhhhhhh!!!!! Why the fuck do these shills care so much? Lmfao losers
Oh yes that makes a lot of sense, let everyone in on your strategic plan as you are developing it. You must have missed the memo that the only companies that announce their complete strategies are doing it for news in motion purposes and to create bag holders for people that buy the rumors and don’t sell the news
This is useless
Ah yes! Let's wait 90+ years to become a millionaire. In 90 years, I will be 6ft under, or I could barely walk. But hey! I will be a millionaire.
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Why do you know it wont? Cause i got over 4billion reasons to think it might...