Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Shonuff
Mr. Poopybutthole
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So, since this guy's quotes keep popping up, I thought I'd look him up. How has no one made his life into a movie? He was a technician before there was TA. $100 million in the 1920s had to have been all the money in the world. He went bankrupt twice. He bought all the cotton in the US and held it ransom. And then he blew his brains out. Sheesh.
en.wikipedia.org
Jesse Livermore - Wikipedia
Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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No damn way its just or even mostly that. Every damn thing is more expensive. Shit, bacon is like doubled in price. Never mind that my house has fucking tripled in value in the last 12 years, with half of those gains in the last two.Interesting. Supposedly 14% of all inflation is coming from used vehicles. Know any auto dealers right now? They are cleaning up. A friend of mine who is a car salesman told me to not buy a car right now. Dealers are marking up vehicles 100% here. You'd have to be desperate to pay 60k for a 30k car.
Soaring used car prices are pushing inflation higher, and there's not much the U.S. can do about it
The potential upside for President Biden is that inflation is expected to moderate organically and as the Fed looks to raise interest rates this year.www.cnbc.com
God damn taxes. At least the size of my mortgage payment makes me chortle with how small it's gotten over the years. I know people in 1 bed room shithouse apartments paying more than me.
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Shonuff
Mr. Poopybutthole
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That's why I said supposedly. And yeah, home values are insane. I can't believe my house has doubled in the last seven years. I'd never pay the price for the house I'm in now.
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swayze22
Elite
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Sanrith posted the breakdown of inflation a few pages back from the recent report.Interesting. Supposedly 14% of all inflation is coming from used vehicles. Know any auto dealers right now? They are cleaning up. A friend of mine who is a car salesman told me to not buy a car right now. Dealers are marking up vehicles 100% here. You'd have to be desperate to pay 60k for a 30k car.
Soaring used car prices are pushing inflation higher, and there's not much the U.S. can do about it
The potential upside for President Biden is that inflation is expected to moderate organically and as the Fed looks to raise interest rates this year.
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Kiroy
Marine Biologist
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I'll never understand feeding off of other people's quotes for motivation or wisdom.
Mist
REEEEeyore
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Mist
REEEEeyore
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I think they mean selling what would normally be 8k used cars for 16k, etc.
It's always the huge inventory of used cars at the bottom of the stack that get marked up the most, and then get predatory financing ontop of it.
swayze22
Elite
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annual return % - full info below, nice analysis
Unusual Political Trading
Track unusual house, senate, SCOTUS investing, and corporate lobbying for free using unusualwhales.com, as well as deep dive in the most unusual of trading + political deals. The go to place to see everything in finance, politics, investing, and options.
unusualwhales.com
Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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That trade austin scott made the majority of his money on is baffling. The company gained billions in market cap.. the only government connection I can find is a DOE contract worth 8million$, and the DOE has a history of giving them contracts. On top of that, his in and out prices were far from ideal, the stock just went hyperbolic. It's just straight up some WSB nonsense.
swayze22
Elite
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Yeah I mean even some WSBers lucked out and made some right moves last year, just thought it was interesting for sure and nicely done graphical breakdown. The full link posted shows just how crazy some of the shit was for individual picks.
Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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What'd I'd really like to see is the incompetents of congress list. Who in congress is doing worse than the S&P, and who in particular is the worstest at investing.
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Sanrith Descartes
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I add to MSFT whenever I see the opening. I have an outsized position, but it's MSFT. It makes me warm and fuzzy in my tummy.
Sanrith Descartes
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Only if you sold something. Otherwise it's just numbers on paper.
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Sanrith Descartes
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I posted a few days ago a breakdown of inflation rates fir various items. It's not just used cars.
Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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Sanrith Descartes
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I do it all the time...
"You're so big".
"You're the best."
"No one has ever fucked me so good."
It's highly motivating.
Sanrith Descartes
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Mist
REEEEeyore
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