by Recyclersteve » Sun Feb 23, 2025 3:19 pm
Simple question to ponder:
Now that President Trump has ordered the mint to stop making pennies, do you think Coinstar machines will become loaded with pennies?
I’m sure some (like me) will hoard every penny they see- for a while at least. But another school of thought might be to get rid of them quickly. Can you imagine if Lincoln pennies were still the size of large cents but made by the billions? That would be a mess!
I’m interested in hearing what everyone thinks will happen.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.