An asset bubble is an opportunity. By late 2024, financiers were already constructing collateralised GPU obligations, lending against video cards. CoreWeave borrows against its Nvidia GPUs — which …
  • baggachipz@sh.itjust.worksEnglish
    6·
    4 days ago

    I sold most of my index fund and bought SCHD. It’s an etf that holds shares in companies who pay the biggest dividends. This doesn’t entirely shield you, but those bullshit “growth” bubble companies tend not to pay large dividends to their shareholders.

    Nice side effect of the etf is you get dividends every quarter too

    • CinnasVerses@awful.systemsEnglish
      3·
      4 days ago

      Looks like SCHD is not heavily invested in US financial institutions holding the bad debt which is the potential pitfall I saw. Its hard not to invest in banks since they literally have a license to make money, but a lot of them are going to lose money when the chatbot companies can’t pay back their loans.

      Socially responsible investing / ESG also does pretty well at screening out the surveillance industry.