Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    I think people would support your opinions more if you added some legitimate due diligence. The “he doesn’t believe in covid” theory is a toddler action
     
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  2. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I'm adding context to his "he got the mortgage call right" frame for the take. It's the exact same but with much more recency.
     
  3. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Also sitting on a tarmac firing off. Think Burry gets way too much attention for largely being an idiot since he got one right call so admittedly biased against anything he whispers being mainstream news because of a movie.
     
  4. Arliden

    Arliden Well-Known Member
    Donor

    Personally I think the consumer balance sheet being strong is done with. People got roughly 3 grand from December 2020 to March 2021 that is gone by now, everything is more expensive particularly food and fuel, wages haven't kept pace with inflation, and now the Fed has gone and tightened borrowing costs at the fastest pace I believe in history.

    This doesn't even hit on the fact that most folk have gotten at least a 20% haircut in their bond, equity, or crypto position.
     
  5. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    I agree with your logic and it confuses me too, but it’s a fact and not a take that Americans have more cash on hand than pre pandemic and I think it might be record cash on hand period. This is just like Bank of America and other banks reporting total dollars in checking accounts and savings accounts. The money is there.
     
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  6. Sportfan

    Sportfan From Six to Dumptime

    Sure all the indicators are basically dogshit for the next 6 months, but have you considered I’d really prefer for the market to not dust off another 20%?
     
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  7. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    that had not occurred to us, dude
     
  8. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  9. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    That’s a poorly written tweet.
     
  10. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    I... Declare... a RECESSION!!!!!!!!!!!
     
  11. Arliden

    Arliden Well-Known Member
    Donor

  12. Arliden

    Arliden Well-Known Member
    Donor



    related
     
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  13. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    The replies are sometimes educational in certain parts of twitter

     
  14. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    people realizing they may have missed the boat on record high housing prices and trying to sell before a recession
     
  15. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Bingo. Friend just did this with another ~10 months remaining on their new build. You can add wanting to get out ahead of further interest rate increases as well.
     
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  16. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  17. user15000

    user15000 Well-Known Member

     
  18. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    thanks covid
     
  20. Sportfan

    Sportfan From Six to Dumptime

    Curious how long we will be in this fun cycle where stocks creep up in between bad inflation numbers then tank 10% when they come out.
     
    brolift likes this.
  21. Arliden

    Arliden Well-Known Member
    Donor

    I think the inflation numbers will come in lower tbh, commodities are considerably off their highs across the board and that will alleviate pressure.

    I think how the market reacts to tomorrows jobs number will be interesting to watch. I think we are in an environment where bad news is good news for the stock market and with that good news is bad news for stocks.
     
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  22. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Investors unloading inventory alhamdulillah
     
  23. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Ally

    Your Online Savings Account rate is increasing from 1.00% to 1.15%
     
  24. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    I know nothing makes sense but a strong jobs report with recession fears should be positive. Day is still young.
     
  25. Sportfan

    Sportfan From Six to Dumptime

    Cements a 75bp increase by the fed which is all that really seems to matter at the moment.
     
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  26. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Bear market rally szn bby
     
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  27. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I’m no Fed man but raising rates to combat this type of inflation seems like the wrong tactic. Or is that just me?
     
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  28. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Pent up demand + liquidity + rapidly raising wages due to low employee supply + clogged supply chain = raise rates?

    Seems like unclogging the supply chain and letting pent up demand ease would make sense before changing rates idk
     
    Ty Webb likes this.
  29. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    thats what everyone smart (which is people who agree with me) has been saying

    it'd be very dumb to throw a 75 on top of this, the previous 75 was dubious enough this one would be REALLY dangerous
     
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  30. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    was a good thread yesterday about the dynamics at play

     
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  31. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Pelinis says it much better than you though
     
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  32. brolift

    brolift Well-Known Member
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    They doing psyops?
     
  33. pennstate2012

    pennstate2012 Well-Known Whore
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    Pittsburgh SteelersPenn State Nittany LionsPittsburgh Penguins

    75 is still priced in for the July meeting (and it will be 75). The bigger thing than this job report has been the drop in commodities, which should help the inflation problem. Next week’s CPI will be very interesting and dictate the forward guidance of the Fed.
     
  34. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    I agree with lyrtch…
     
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  35. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    Been a bad week for covered calls here….
     
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  36. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    reload lower when they get called away mate
     
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  37. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    That’s what I’m telling myself. I mitigated well with amzn this week but lost control of a near +8% week with aapl.
     
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  38. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    How low can the Euro go?
     
  39. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Dixy rising yeehaw
     
  40. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    Do yall go with term or whole life insurance? The way I'm looking at it , I can obviously do much better in the equities market than investing in a whole life insurance policy. I'm thinking term and take the extra $550 that it would cost a month for whole and put that in the market. I know you never get your term $ back, but you don't get any other type of insurance premiums back either for the most part.
     
  41. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Friends don’t let friends buy whole life
     
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  42. TAS

    TAS 20_ _ TMB Poster of the Year
    Donor

  43. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    I've been told by a few people I trust that you shouldn't use insurance as an investment vehicle. Get term.
     
  44. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    9.1% has to be the peak right?
     
  45. pennstate2012

    pennstate2012 Well-Known Whore
    Donor
    Pittsburgh SteelersPenn State Nittany LionsPittsburgh Penguins

    Have to believe so with gas being down a buck a gallon and food commodities down as well.
     
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  46. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference



    Maybe not
     
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  47. Sportfan

    Sportfan From Six to Dumptime

    think this is month 3 of this sentiment, but with gas prices down there is light at the end of the tunnel.

    Still all but guarantees at least one more 75bp hike.
     
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  48. BigReff73

    BigReff73 Well-Known Member
    Donor
    North Carolina State Wolfpack

    What are you guys investing in other than VTI? Wanting to mix it up. Thinking long term goals
     
  49. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    BSV
     
  50. Sportfan

    Sportfan From Six to Dumptime

    SCHX (VOO for Schwab basically) and SCHD are my two right now. But I’m right sizing my portfolio for retirement since I historically was heavy VGT, individual tech stocks and ICLN.
     
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