Screwball Posted January 5, 2023 Share Posted January 5, 2023 2 minutes ago, gehringer_2 said: I also wonder how many are just working black. People can be doing light fabrication and design with 3d printers, remote web and programming tasks for cash payment and with home improvement work through the roof (also due to remote work) you probably have a LOT of builder/home reno guys that might also be working black. IIRC we saw some of this in the construction business after the last crash when guys laid off as construction employees had to start freelancing. Oh, please. That's about as stupid as some dipshit who told people to learn to code. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted January 5, 2023 Share Posted January 5, 2023 2 minutes ago, Screwball said: Oh, please. That's about as stupid as some dipshit who told people to learn to code. you don't think people in who can do one man jobs like carpentry or yes, coding tasks like web page prep, have opportunities to work off the books to avoid taxes? Quote Link to comment Share on other sites More sharing options...
Screwball Posted January 5, 2023 Share Posted January 5, 2023 The combines are working overtime. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted January 9, 2023 Share Posted January 9, 2023 Kinda ugly. Someone said it was the worst year for US auto sales in over a decade. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted January 9, 2023 Share Posted January 9, 2023 40 minutes ago, Deleterious said: Kinda ugly. Someone said it was the worst year for US auto sales in over a decade. People who work at home don't put miles on cars.... Quote Link to comment Share on other sites More sharing options...
Screwball Posted January 9, 2023 Share Posted January 9, 2023 I can't find it, but I read something not long ago that the 8 year loans were drying up. There is a chip problem too. I was at my dealer twice in the last couple of months - a ghost town - and not many cars on the lot. Not that that matters, this is Cornhole. From Finviz (1 year performance); Quote Link to comment Share on other sites More sharing options...
Screwball Posted January 9, 2023 Share Posted January 9, 2023 That's only the bottom, too tall to post the entire thing. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted January 9, 2023 Share Posted January 9, 2023 5 minutes ago, Screwball said: I can't find it, but I read something not long ago that the 8 year loans were drying up. There is a chip problem too. I was at my dealer twice in the last couple of months - a ghost town - and not many cars on the lot. Not that that matters, this is Cornhole. From Finviz (1 year performance); saw an acquaintance over the holiday who works at a local GM dealer. Said inventories were coming back into decent shape but no-one can afford what they have to sell. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted January 9, 2023 Share Posted January 9, 2023 (edited) In the *long* run, electric vehicles should result in a lower manufacturing cost - but that's still a long way off, and the hybrids, which are the intermediate gas saving bridge, cost more to build so it gets worse before it gets better. Edited January 9, 2023 by gehringer_2 Quote Link to comment Share on other sites More sharing options...
Screwball Posted January 9, 2023 Share Posted January 9, 2023 It might depend on the car maker; from Bubblevision Rolls-Royce sees record sales 2022, no slowdown in spending by the wealthy Imagine that! Quote Link to comment Share on other sites More sharing options...
Deleterious Posted January 9, 2023 Share Posted January 9, 2023 Yeah, some of the luxury brands are killing it. I know Ferrari is posting record numbers, same with Lamborghini. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted January 11, 2023 Share Posted January 11, 2023 Nothing official yet. But a ton of rumors that the Saudi Sovereign Wealth Fund has bought the WWE and plans to take it private. Quote Link to comment Share on other sites More sharing options...
CMRivdogs Posted January 16, 2023 Share Posted January 16, 2023 Seeing where Tesla has begun cutting prices. It seems partly because they can't compete on the lower end models and partly because to tax breaks for customers who buy EV's under $55,000. We've been seeing more Teslas in this area of the country. I'm thinking a lot of it is the proximity to the DC suburbs. https://www.axios.com/2023/01/16/tesla-price-cuts-elon-musk?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiospm&stream=top Quote Link to comment Share on other sites More sharing options...
romad1 Posted January 17, 2023 Share Posted January 17, 2023 4 hours ago, CMRivdogs said: Seeing where Tesla has begun cutting prices. It seems partly because they can't compete on the lower end models and partly because to tax breaks for customers who buy EV's under $55,000. We've been seeing more Teslas in this area of the country. I'm thinking a lot of it is the proximity to the DC suburbs. https://www.axios.com/2023/01/16/tesla-price-cuts-elon-musk?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiospm&stream=top Yeah, Teslas are common as dirt in NoVa. No way I'd spend that much money on that guy's product. Quote Link to comment Share on other sites More sharing options...
Cruzer1 Posted January 17, 2023 Share Posted January 17, 2023 (edited) It's a great time to buy CD's. I bought 2 (through Fidelity on my IRA) at 5.1% that were not call protected, and 4 at 4.4% that are protected. I think they are both 3 years or so. Edited January 17, 2023 by Cruzer1 1 Quote Link to comment Share on other sites More sharing options...
Deleterious Posted January 22, 2023 Share Posted January 22, 2023 Stumbled onto this recently. Tons of financial info on companies going back over a decade, all right in front of you neatly organized. They even have transcripts of the companies earnings calls. https://roic.ai/ Quote Link to comment Share on other sites More sharing options...
Screwball Posted January 22, 2023 Share Posted January 22, 2023 RE: Earnings calls If you have never listened to one of them, you should. Once you get past the boring numbers at the beginning and the questions start, they are very informative, and sometimes quite entertaining. Depending on the size of the company, there will be X amount of Wall Street analysis on the call - asking questions. They are public and you can listen to the WS guys make our companies big wigs look like complete idiots. They knew more about the company (industry/sector) than the people putting on the call - the big swinging dicks who we work for. Which is why they work on WS to begin with. And make a lot more money. Quote Link to comment Share on other sites More sharing options...
Edman85 Posted January 22, 2023 Share Posted January 22, 2023 On 1/17/2023 at 4:12 AM, Cruzer1 said: It's a great time to buy CD's. I bought 2 (through Fidelity on my IRA) at 5.1% that were not call protected, and 4 at 4.4% that are protected. I think they are both 3 years or so. If I can't touch money for three years, I want a lot more than that... Call me crazy; but CD's never appealed to me. Low fee index funds for the win, set and forget. We aren't smart enough to beat the market. Quote Link to comment Share on other sites More sharing options...
Screwball Posted January 22, 2023 Share Posted January 22, 2023 Quote Link to comment Share on other sites More sharing options...
Tiger337 Posted January 22, 2023 Share Posted January 22, 2023 3 hours ago, Edman85 said: If I can't touch money for three years, I want a lot more than that... Call me crazy; but CD's never appealed to me. Low fee index funds for the win, set and forget. We aren't smart enough to beat the market. You are younger, so it makes sense to stay in the market, although there are no guarantees.. Some of us are at an age where we might need our money sooner rather than later. It took 8 years to recover from the 2000 crash. I can't afford that risk now Thus, I am putting money I think I'll need for the next 10 years into CDs and keeping longer term money in the market. 1 Quote Link to comment Share on other sites More sharing options...
Deleterious Posted January 22, 2023 Share Posted January 22, 2023 Any cash left in your Vanguard brokerage account is swept into one of their money market funds. I believe it is VMFXX and the 7 day SEC yield is 4.2% with a .11 expense ratio. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted January 22, 2023 Share Posted January 22, 2023 I went with the money market post cause I figured you guys were sick of me hammering the T-Bill angle. 1 Quote Link to comment Share on other sites More sharing options...
Tiger337 Posted January 22, 2023 Share Posted January 22, 2023 36 minutes ago, Deleterious said: I went with the money market post cause I figured you guys were sick of me hammering the T-Bill angle. I have some money in VMFXX. I noticed just the other day that the yield went up a lot in past couple of weeks. 1 Quote Link to comment Share on other sites More sharing options...
Cruzer1 Posted January 22, 2023 Share Posted January 22, 2023 5 hours ago, Edman85 said: If I can't touch money for three years, I want a lot more than that... Call me crazy; but CD's never appealed to me. Low fee index funds for the win, set and forget. We aren't smart enough to beat the market. Guaranteed money doesn't hurt. I see it as income, all of my dividends and interest payments are income, which is pretty important to have at this time. The interest rates are high, its important to take advantage of that. Quote Link to comment Share on other sites More sharing options...
Cruzer1 Posted January 22, 2023 Share Posted January 22, 2023 The 7 day yield for SPAXX, the fidelity government money market that is my core position is 3.92% right now. Quote Link to comment Share on other sites More sharing options...
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