Activity
Mon
Wed
Fri
Sun
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
What is this?
Less
More

Memberships

Invest & Retire Community

Public • 2.5k • Free

628 contributions to Invest & Retire Community
You need to make passive income before AGI comes in "2026​"
You need to make passive income before AGI comes in "2026​" AGI is Artificial General Intelligence. It is the super intelligence that everyone loves or fears. The western world is built on capitalistic ideals. This means money (aka capital) is the key driver of the economy. It is not about ​​​​​​how many hours you work, how hard you work but rather how much capital you have and how you deploy it. (Don't get me wrong - I value hard work and I work on my business every day. But a capitalistic society is about investing capital correctly) AI agents - basically robots that can perform a series of tasks and analyze it with AI will be phasing out "labour" in the economy. Repetitive tasks get automated. Manual tasks are done by robots (cost $15,000 each)​​​​​​​​​​​​​​​. Customer service is now done by AI chatbot (I love interacting with them but this means there are less customer services jobs) ​So if AGI arrives in 2026, this means there will be mass unemployment as society takes time to adjust. In case you get laid off (touch wood), you need to learn how to make passive income now. Computer programmers already know the number of job posting decline signiifcantly. 25% of Google's new code is writtern by AI. Nvida uses AI to design new chips Accountants already know 80% of their work are offshored to delivery center and more will be automated Doctors are now using AI to identify cancers and lawyers are using AI to draft agreements / summarize them. My friend who is using AI to write code save hours in coding. I personally use AI to code (even though I have a basic coding background). I use AI to do video editing even though I am not trained in film school. I use AI to write emails / draft legal agreements and more.​​ In other words, the "mass labour" component is being phased out. We are frantically searching for new work, new ways to do things and searching for more innovation.​ Before we figure out how society will adjust to this change, it is important that you develop multiple streams of income.
8
9
New comment 16h ago
4 likes • 1d
@Joanne Partrick me too
2 likes • 1d
Sold my SHOP this morning @ 105 when market opened....and before it dropped to 102. A 76% profit in a few months!!! WAHOOO
Bitcoin, The Red Wave, and The Crypto Renaissance - Michael Saylor
Another very interesting video by Michael Saylor. https://www.youtube.com/watch?v=4LqpGrWGNqE&t=29s Summary of Michael Saylor's Speech on Bitcoin, "The Red Wave, and The Crypto Renaissance": 1. The Economic Problem: Most asset classes fail to outperform monetary inflation, leaving companies and investors struggling to preserve or grow wealth. 2. Bitcoin's Outperformance: Over the last 14 years, Bitcoin has delivered unparalleled returns compared to traditional assets, with a consistent upward trajectory across timeframes. 3. Bitcoin as a Unique Asset: Unlike other financial assets, Bitcoin offers a combination of high returns and low correlation to traditional markets, making it the "holy grail" for investors. 4. Digital Capital Concept: Saylor reframed Bitcoin as "digital capital," a superior long-term store of value compared to physical or financial assets, free from risks like tax, wear, or political turmoil. 5. Transformation of Wealth: Bitcoin is viewed as the solution for preserving global wealth, transitioning capital from physical and financial forms to a digital, indestructible format. 6. Bitcoin's Network Power: Backed by immense computational and economic power, Bitcoin is the most secure and widely adopted crypto asset, surpassing all competitors. 7. Long-Term Forecast: Saylor predicts Bitcoin will reach $13 million per coin over the next 21 years, driven by its role as a primary capital asset in a growing digital economy. 8. MicroStrategy’s Strategy: The company continues to leverage its balance sheet to buy Bitcoin, achieving substantial gains and demonstrating confidence in the asset's long-term potential. 9. Bitcoin ETFs and Institutional Adoption: The rapid growth of Bitcoin ETFs and institutional buying reflects increasing mainstream acceptance and the beginning of a larger shift in capital allocation. 10. Bitcoin’s Role in the Future Economy: Saylor envisions Bitcoin becoming the central asset for wealth preservation, akin to a global, digital, indestructible "building," replacing traditional real estate and financial instruments
4
11
New comment 18h ago
Bitcoin, The Red Wave, and The Crypto Renaissance - Michael Saylor
1 like • 1d
@Rong Zhou I lost everything on my iPad...pictures and all. Forgot my password after using the same device daily for years...unbelievable...had to wipe it...Ifeel it!!!
US Stocks Weekly Performance - week ending 15 Nov 2024
Stocks that rose included: PLTR +12% WFC +6% DIS +16% HON +4% BAC +3.5% PYPL +3% Stocks that fell included: AVGO -10% AMD -8% MU -13% LLY -10% ABBV -17% PFE -7% BA -7%
2
4
New comment 18h ago
US Stocks Weekly Performance - week ending 15 Nov 2024
1 like • 1d
@Rong Zhou you are still doing so good
The Magnificent Seven's Secret 19-Stock Portfolio Is On Fire
seven stocks account for roughly a third of the S&P 500's value. the Magnificent Seven, Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL), Tesla (TSLA) and Meta Platforms (META), are using part of their enormous financial reserves to invest in smaller, promising firms. Some of the Positions by Magnificent Seven Companies are on the table:
4
2
New comment 1d ago
The Magnificent Seven's Secret 19-Stock Portfolio Is On Fire
2 likes • 1d
Thanks
1-10 of 628
Sandra Van Den Ham
7
3,827points to level up
@sandra-van-den-ham-2626
Artist, realtor and business owner. Soon to be just Artist and hoping for a flow of retirement income.

Active 1d ago
Joined Jan 1, 2023
powered by