/biz/ - Business & Finance

The music just stopped

>>57980308
IM TELLING YOU

Biomemes will save the market

>>57644358
I was over at my dads house the other day helping with some household chores. He lives in a very rural area of a very red state. At the end of the day we went to one of the nearby country bars. It’s the kind of place that farmers, truckers, fentanyl addicts and the working class go to unwind with a cold one.

President Biden was on the TV and the local gun store owner said to his auto mechanic (friends since high school),

“You know what? He ain’t so bad. The economy is recovering, nobody’s rioting, and we’re standing up on the world stage again. Can’t believe I’m saying this but Ol’ Scranton Joe’s got my vote this year.”

I looked around and all I saw were heads nodding in agreement. I heard a few calls of “Yes sir” and “Damn Straight” from the men around me. Even saw the lonely ball cap wearing farmer in the corner raise his drink with a nod.

>>57628895
There are three ways to make a living in this business: be first, be smarter, or cheat. Well, I don’t cheat. And although I like to think we have some smart people here. It sure is a hell of a lot easier to just be first

I just bought a super micro computer from Best Buy using buy now pay later and it was the last one in stock. Sales guy said they’ve been selling like hot cakes. It’s no wonder we’re pumping so hard. Super micro computers are going to transform the way we work and play. This thing does it all.
I plugged it into my battle station and it made all the correct trades for me, making me millions. I will probably hit 8 figs by the end of the year using my super micro computer

>Rule 2a-7 requires that each money market fund hold sufficient liquidity to meet reasonably foreseeable shareholder redemptions, as well as any other commitments it has made to shareholders.
>reasonably foreseeable
>MMFs aren’t FDIC insured.
>There have been only two known incidents in which money market funds were unable to pay 100 cents on each dollar invested in them — they “broke the buck,” in Wall Street jargon — and, despite headaches and long payment delays, no significant losses occurred in those cases. But there have been many near misses.
>Washington, DC; February 8, 2024—Total money market fund assets1 increased by $16.70 billion to $6.02 trillion for the week ended Wednesday, February 7, the Investment Company Institute reported today.
What happens when they actually lower rates and literally 6 trillion tries to exit MMF’s at the same time

>>57508302
Seems like a reasonable move. A broad-market index fund is more reliable than a random assortment of assets. Be careful about the tax effects of selling, though.

>for a few years
Think about investing for decades, not a few years. Stocks, especially leveraged stocks, are long-term assets. They occasionally crash and take many years to recover.

- today.
We're buying and selling to ourselves at the current market price.

nobody is lending to small business now. no small business would go to Bank of America for a loan, they go to small regional banks were they can talk to someone and where the loan is worth it for the bank. all of these small regional banks are locked down right now.

I assure you it's not brains that got me here, as this board is simply containment for "gongo" years in the making.
Explain it to me as though I'm a Redditor, or a woman. Should I sell it all, today?

why are financial markets so comfy to watch, bros?

>>53521995
my point is that not everyone has a safe and comfy 30y. So in europe at negative interest rates you could get a 10y for a house at a very low monthly rate. All banks care about is if you can pay the current rate. So you don't need a good job. Without a good job you are probably not going to refinance. If housing prices go down over the next years. Banks could be holding a huge bag. And we all know how this usually ends.

Sell it all. Today.

https://www.youtube.com/watch?v=ISDgcB-J4fQ

SELL IT ALL. YESTERDAY.

Did the music stop playing?

we are selling to willing buyers at the current fair market price!

>>18920223
Based