/biz/ - Business & Finance

>>55756332
First for fgsfds.

>>55756332
First for bloody monday

heebs and weebs linked up
need it or keep it?

>>55756351
Too late faggot! YOU LOST!

if monday is bad, My emergency stop sell might activate and I'll be left with nothing but food money.

>>55756373
go to the food bank
save your money

AMSC

>>55756383
>namefagging
kill yourself

>>55756373
If Monday is bad enough, I’ll be a millionaire.

>>55756383
my nigga

It's literally going to be just fine tomorrow isn't it bros
https://www.youtube.com/watch?v=qZS-B1Afc1c

>>55756396
I will never stop namefagging.

>>55756408
it's not actually, the false flag kicks off tomorrow

>>55756421
Any idea what it’ll be?

>>55756401
Me too...even if were blood green i've finally made up my mind to go all in.

memento mori mumu.

>>55756401
SQQQ?

bahabah ahahahhhahah

The top was on the 27th, this Anon called it on that very day and gave explanations as to why it was such. I highly recommend going and reading all of his posts in that thread, which us utter fucking tards essentially ignored.

>>55677883

My amazon position looking good now. They got 10 billion in ad revenue now makes them 3rd largest ad company in the market. Simply added another multi billion dollar industry right on top of their revenue. Theyre gonna overtake walmart soon.

I went counter trend bros. You can now make money on calls.

>>55756482
who's he and what did he buy?

>>55756482
I am trying to learn how to know what strikes to choose but am too retarded to understand and too afraid to try (these are paper traded) without better understanding. I paper bought these when BOIL was $58.50 and it's $59.10 at the moment of this screencap.

>>55756512
Oh, I especially do not understand the non-linear return percentages between the strikes.

>>55756350

>>55756540
>i was about to (you) them

I wish I was retarded and then liquidated all of my positions so that I could buy nasdaq so that my networth could be up by 30% based on zero earnings and retarded ideas about AI all concentrated in 7 stocks that I think are way overvalued.

>>55756582
understandable

I bought FVL.to at 0.52 in 2021. Am I fucked?

>market cycle is now 6 months

>>55756606
just looked at the chart. It seems to me that you should sell the moment that you it gets back up to 0.52.

>>55756582
>30% based on zero earnings
We just had earnings bro. Theyre making a ton of money still. Recession never bobo.

I hate markets being closed on the weekend

>>55756688
you said it man. I'm a walking husk during non-market hours.

The US government is insolvent.

>>55756688
CHECKED
Sunday being closed by itself is good because it's the LORD GOD Almighty's day, but the Jews close it on their Shabbot so that we have to endure a day before Sunday and it's a ploy by them to turn us against the LORD GOD Almighty for His day being the second day closed in a row, even for those who do not realize that's what's happening.
Verification not required.

>>55756771
how do bears make money? is the go-to method puts?

>>55756804
Puts, put options, short sales, short etfs

When was the last time you thought about DOMSCUMM?

>>55756837
Has it been three years? Four?

>>55756383
>>55756403
What's so good about it?

If your portfolio is less than 100% treasury bonds lower your tone when talking to me

>>55756856
yes

smg. I bought 4% ABV beer by accident. What the fuck was I thinking. Might as well drink apple juice at this point.

>>55756883
we are betting big that room temperature superconductors are real. I have an emergency stop sell in place if it's a hoax, and I will be a millionaire if it's real. Sounds like a pretty good bet, don't you think?

>>55756919
Do you have guns?
Target practice

>>55756922
How many shares bro

>>55756919
4% stock or 4% alcohol per volume?

>>55756934
you should go for it. It all depends on whether lk-99 is a hoax

>>55756383
It's a scamco, you retards. Buy only because other idiots are aping in based on the name; dump as hype recedes and reality sets in.

>>55756962
If LK-99 is a hoax, people will sell and move on to another meme.

If it's real, people will sell and move on to actual companies making and benefitting from it.

>>55756664
Apple has practically zero growth

>>55756973
I'm fairly certain that American superconductor is going to make use of lk-99. Why would a superconductor company not make use of a new superconductor design? Also, they just got a contract with the navy with regards to old-style superconductors. So both those things would have to fail in order for me to pull out completely.

>>55756367
Gas heebs, protect weebs

>>55756989
Yeah im bit worried about my apple position. But im happy with amazon, alphabet and microsoft.

What's the actual bear thesis this time? Muh credit rating? Lmao

>>55756451
SQQQ, SOXS and a lil BOIL.

>>55757012
Because the new approach means any legacy sc research, equipment, and materials are worthless; they're starting from scratch alongside everyone else. And the Navy will ditch that old contract when 5 guys in a Lockheed lab throw something together. That's the situation you're looking at.

heh ehehhhhhhhhhhhhh

>>55757054
not to create an anti-climactic end to this conversation or anything, but that's why I didn't bet more than I was willing to lose

>>55757082
Nah, that's fine and who knows what crazy ass price action we'll see. Just don't want /smg/gers getting heemed on it and endlessly bitching about "bad recommendations". It's a meme stock, play it as such.

i'm new to this i have 1500€ what should i buy?

>>55756919
I mean most beer is 4.2%.

I'M TIRED OF ALL THESE MOTHAFUCKIN' BOBOS ON THIS MOTHAFUCKIN' THREAD!

>>55757036
To many CEOs unironically have put to much Baileys in to many shoes

>>55756804
They don't, other than rare lucky situations where they manage to time a crash like Burry in 2008. Most bobos end up broke and homeless.

>>55757186
6% is the standard if you dont drink mass produced pisswater
8% and up is for heavy duty situations

>>55756924
nah I live in the city

>>55756962
Bro, I’m asking how many shares you bought lol

>>55757248
about 1,000

Don't buy into AMSC it's a scam, guys. It's a fucking bagholder trying to pump his shit. This superconductor news hasn't even been proven yet, and many labs around the world who have repeated the experiment have had mixed results.

>>55757328
it's been going up at a moderate pace for the last 5 years so I'm pretty sure if I hodl then I have nothing to lose. "Scam" is a terrible word to describe a legitimate low-cap, high risk stock.

>>55757328
This poster is a piece of shit who wants to prevent you from making it, AMSC now is like getting in GME before redditors were aware.

>>55757362
WAGMI

>>55757353
It was once worth hundreds and is now a penny stock. Slurp whatever copium you want. Also, I think we have different definitions of what legitimate is.
>>55757362
>Tripfag
>Thinks another GME event will happen
>Thinks redditors jumping in will make the stock sore
Go back
>>55757372
The only thing you're making is overtime at your wage slave job because you will need to recuperate your losses due to this investment. Good luck

>>55756367
Probably be green or close green at least because HONK HONK

>>55757385
>Thinks redditors jumping in will make the stock sore
>sore

>>55756664
>drop expectations through the floor
>companies “beat” earnings

Lmao let’s just drop expectations through the floor every quarter and companies can always beat them. Bulls just don’t want to accept that higher bond yields means lower stocks, and Powell won’t make the same mistakes that Arthur Burns made, so there won’t be rate cuts anytime soon

>>55757438
Only retarded boomers care about bonds.

>>55757448
Powell won’t stop raising rates until he hits his 2% goal, and there’s nothing you can do to stop it

>>55756332
i've been saying it for months now that amazon has been aggressively expanding abroad and will continue to appreciate.
>>55757155
something very high risk. not even joking but you should just yolo it into bbbyq and trade the volatility or baghold for a literal miracle.

>>55757462
Good thing we are like 2 months from that goal, thanks for playing, boboid.

>>55757399
Fuck autocorrect

>>55757468
2 more months

>>55757468
>2 more months

Lol, lmao even. 2% inflation will be 2 months away until 2025

PGNY chads where we at?

Oil

>>55757567
NRGD? Okay.

I am not bullish but it feels weird that the market didn't magically turn green at the end of the session this time

>>55757585
by all means

thoughts on enphase? today it looked pretty firm compared to the rest of the market, closed kinda red but not as red as everything else, there's oil going up and up, big tech is on a tightrope and we could easily see capital being relocated to the energy sector
I think enphase can slowly but surely make its way up to 160 at least

So is anyone going to explain why the market was so weak today with the dollar down and rates down?
Are we all just going to pretend that's normal?

>1.8 trillion debt in 8 weeks
>in 52 weeks (a year) that's 11.7 trillion
If Im reading that right eoy the governments debt will be 32.7 trillion. In 2024 it will increase by 33%. I can't shake off this feeling that something is going to happen. Should I exit stocks and enter physical assets?

>>55757751
Debt is such a silly thing. Just forgive it and move on.

>>55757751
It doesn't matter how many times you post this. It won't change a damn thing. What do you not understand about us living in a clown world?

>>55756634
I certainly hope so. I got screwed with the 2022 dump suddenly shitfing for no reason into giga pump mode. The irony. If I, with my kinda mindset, was alive in the 1970s, 1980s, 1990s, 2000s, or even 2010s with the networth I have now Id have easily gotten rich on the first dump that happens after my first time experiencing one. Now once I attained the necessary knowledge to get wealthy off stocks it behaves unlike all the other times before it. WHY!!!! I WAS SO CLOSE TO RICHES! All the others I assume had easy reasons to see why it flipped from dump to pump but this one, they just denied it through and through. Wouldnt surprise me if they admit it was a recession. REEEEEE NOW I GOTTA WAIT 10 YEARS FOR MY NEXT CHANCE AT GETTING RICH AND MAKING SURE I IGNORE THE MEDIA that seems more interested in tricking me into thinking its just a little dump.

movie night?

>>55757786
I just grabbed it from last thread I was curious on others' views

>>55757807
It's friday. You should be out partying right now

>>55757751
Debt is a good thing, Keynesian economics is by far the best system we have.

>>55757812
I dont like partying im not 16 years old

https://youtu.be/w4RvskuFnPY

I think for the forseeable futures bros I am going to just pay off my mortgage ahead of schedule.

>>55757702
JPM said there's not gonna be a recession anymore. Anyway you should relax, it's just gonna retard pump again on Monday.

>>55757751
Fright should lead to research so as not to be a stupid pussy.
Scary curve, big number, but it always seems like the downfall. It's always this way because we're fucking ants compared to the reality of the US and the future. We have a hard time putting things into proper perspective.
How to rectify this? Compare things from earlier times. For example, take the national debt over time and divide by the market capitalization of the largest US company. This is just one idea but there's much more to be researched and considered.

>AAPL beats earnings
>Still does a Challenger
Palantards. I don't feel so good

>>55757839
im stackin bitcoin and disney

>>55757847
What if it doesn't?
What if we've already found the biggest retards, and they're already all-in?

I should stop hanging out with you degenerates

Anybody here investing in BABA? Thinking about going in before earnings.

>>55757921
I feel like we are close to that point cause Mike Wilson already admitted he was wrong but retard pumping has been the long term trend this year and there's no reason to expect otherwise until it starts dumping for real. Anyway that's what position sizing is for

>>55757892
Maybe bob will let you acquire bussy dividends

>>55757892
>Disney
Oh no no no no

>>55757839
Don't pay is ahead unless you're paying it all off. This is an overlooked power of cash. No matter what flation does, your debt to them remains the same in cash. Why would voluntarily give them more than required?

>>55757988
buy low sell high. be sneedy when others are fearful

>>55757886
i will not feel sorry for anyone who didn't have his TP on palantir set between 19-20

>>55757809
Ah, okay. Just thought you were a Bobo.

fubo bros wtf was that

>>55757995
Debt maxing makes since when it involves your income stream inflating. I actually realized calculating my starting salary as a teachee and then accounting for inflation I have taken a 7% real income loss.

God I hope we keep going down more. I hope SPY hits 100 bucks

>>55758191
Inflation nowcast is estimating .4% inflation for july and .6% for august

>>55757934
what would jesus do?

>>55758211
Bidenomics.

>>55758308
Our little honeymoon is over and we going back to 410.

>>55756464
This is just a bunch of bullshit.

>>55758184
don't listen to the haters, paying off debt means less interest freeing up future cash and, more importantly, personal stability. I aggressively paid off the mortgage during this endless gigapump since covid which WAS an opportunity cost, but now I could get laid off and be fine for a literal decade. Money is still only as good as the things it can get you and life is finite.

>https://bidstitch.com/blog/ai-is-taking-over-vintage/
this is kinda cool. you could send wall-e type robots into no-go zones (most of the US) to source sick fits

>>55758376
Its a whole lot of buzz words and doesnt change consumer trends. People dont buy vintage fashion online from big retailers. They go thrifting first hand and the resell online after posing it and giving proper lighting.

WE WANT THIS MARKET TO CRASH SO WE CAN GET US SOME CHEAPIES

>>55758485
Humanity is on the verge of the great AI revolution that will fix everything. A crash would be damaging to that because no one has any money to do AI research and stuff. That's why this time it is different.

>>55758007
True. It’s good advice

>>55758584
It’s always different until it’s not.

>>55758606
No not this time.

>>55758651
> No not this time.
Bearish.

>>55758678
You missed the dip.

>>55758696
You bought the top.

Remember that time the FBI thought they could rewrite the laws of economics by shilling stock picks on a tuvan throat singing forum? Lol, I remember.

>>55757054
That's dumb, companies will need condensed matter experts to develop new crystlas and understand the material and there will be a shortage of those people concentrated on few places

>>55758752
>t. guy who bought Blackberry when the iPhone came out because "smartphones are so hot right now"

bros I feel so fucking comfy having transitioned my 300k 30%ytd portfolio to 5% tbills last week

Is this real?

>>55755981

>Room temperature superconductor
A reality
>Western mongolia
Collapsing
>Boomers
Panicking
>Optimism
Boundless

Honest question anyone here lost 250k+ and is now completely broke ? Or am I the dumbest guy on earth ?
Had 500k in 2021.
1.5k now. Jobless. Will need to start to wage again to pay the rent.
Am I ill or smth ?

Yo what happened to my APPL stock?

Bros I don't feel so good...didn't jpmorgan claim there won't be a recession?

Goddammit should I just sell all of my stocks and buy treasury bills?

>>55758852
You just lucked out with shitcoins and held for too long

>>55758881
Never trust any of the big guys. Goldman said Q4 2022 OIL +100$. They all have either no clue or are lying.

>>55758891
It depends on the quality of the stocks

>>55758936
The big "guys" reports are literally some shit that analysts pukes because they have to put a shitty report

Bros, how do I deal with the fact that I will never find a Lum gf? Financially speaking, of course, this is a tragedy... past fifteen dates and every goddamn single one had fuckin tats. Just wttttttf. My sweet Lum would never

>>55758955
that's because lum is already taken, by me. financially speaking.

>>55756383
lmao this dude really is the dumbest poster on /smg/

got my amended tax returns with loophole. have 20k in emergency funds, should I dump these in spy for retirement or high yield saving account

>>55759005
>Loophole
Tell us more, anon.

My dinner tonight contained half a pound of ground sirloin and a half pound of bacon, how do I profit from this?

>>55758955
>ywn have an annoying clingy bitch of a gf who electrocutes you and doesn't even suck and fuck

>>55759012
basically when mother nature fucks over your area and president declares it a national disaster zone. can claim damage without showing much of anything

>>55757468
Look at the climbing oil price as saudis and ruskies are reducing production. Inflation will pop up again.

Mumus here actually believe Powell will cut before mid 2024. And that he will cut back to 0. And that we will ever go back to 0.

>>55759124
Many mega caps are largely operating using ZIRP loans so they couldn't give two craps about Powell... oversimplification of course but there is some truth to it.
Powell is gonna have to be real careful next year. Cut too soon and too fast and inflation might run rampant again (as if it ever stopped but that's another issue)... he can't raise too much since we see normos don't give a crap about rates and will simply work more to pay off their loans and keep consooming.
Then again we will see in a few months when a lot of people are gonna be forced to start paying back their loans. Won't affect boomers though, only millenials (and who cares about them?)
Yepp yepp, gonna be interesting. Either way, boboids are gonna get btfo

>>55759175
>he can't raise too much since we see normos don't give a crap about rates and will simply work more to pay off their loans and keep consooming.
Why can't he raise more, when exactly that happens? Shouldn't he then be able to raise even higher?

>boboids are gonna get btfo
ok

>>55759185
Sorry, my gym rush is still on and I just saw what the fegg I wrote. I meant to wrote that he clearly can keep on hiking since the economy is very much resilient and doesn't affect the bottom line of most people and mega caps. Mids caps and smaller are getting real screwed over though and we can already see the number of bankruptcies increasing.
Mid caps and smaller can't keep hiking prices forever to deal with the rates (but they can try as long as there is high core inflation + low PPI).

However, since the index is mainly carried by mega caps, boboids trying to short the index will most likely get btfo.
The US industry pertaining to semis and tech is poised to take the world by storm next year... I don't know man. If I was a shorter, I would collect my gainz as soon as possible and not hope for some magical -20% drop

>>55759208
>However, since the index is mainly carried by mega caps, boboids trying to short the index will most likely get btfo

And you think all the small and mid caps getting fucked, will ONLY benefit mega caps at the same time?
>tech is poised to take the world by storm next year.
Sound eerily familiar... maybe, two weeks?

>>55757466
i've seen people buying put options and making a lot of money but i don't understand how that works. How would i even trade the volatility?

>>55759227
Mega caps and large cap will benefit because competition is weeded out. Mid/small caps are getting btfo and gonna get absorbed by mega caps. Everything needs to be "oligopolized", that's the idea.
Then again who the hell knows?
Service inflation extremely sticky, we also have wage increases "driving down profits", very low PPI, people getting greedier each year. Three years of FUD (starting from Covid) and consoomerism hasn't abated at all (just look at Apple's sales).
This whole inflation situation is just so weird. It has allowed tradies to charge insane prices yet people are complaining about low wages? Every schmuck seems to make good money nowadays, yet people are complaining about not being able make it to the end of the month and being forced to live on credit...
Here in Evropoor, literally nobody gives a single crap about inflation. We have 8% core inflation even with rate hikes and people are satisfied with their piss poor wages. I am so sick of normies and central banks
Thanks for reading my rant

>>55758211
Thats half the Fed’s annual inflation target in just 2 months.

>>55758861
It got MOONKEYPOOX from being so gay.

>>55758852
How did you achieve this? Achievable natty?

>>55758308
Bidenomics fucking rules buddy

>>55758852
>mfw this is what 2022 did to Mumus

>>55758852
You could have bought Apple and would have had +100k at least... Just relax and invest responsibly. I know the attention span is fugged but the boomer buy & hold works.
The market might dawdle at times but eventually it always and only goes up

>>55759332
Could've/Should've
I'm looking for a way to recover mentally & also embrace the fact that I will need to work the next 1st September.
Last time I had 0 money like this was in 2018.
I need to start from 0 again & this time idk if it's curable or I should just kms like drowning in the sea near the flat.

REQUEST

Does someone have that screen shot of the early 2000s internet chat message board of someone predicting the cyclical housing prices going to today and beyond? It was a sine wave getting larger.

>>55759403
Just lie about it like the other guy. Speak after me: "This didn't happen! I'm a great trader and people love me and my youtube videos!"

Any ict fags interested?
>>55759445
>>55759445
>>55759445

>>55756482
But I've been making money on puts already sweetie. The secret is selling them when they are higher than what you paid for them.

>>55758852
what did you learn?

You fucks said they would pump, yet today I woke up and saw that I am still in red after yesterday.

An attempt to find actual good stocks to buy

Gartner (ticker: IT).
>Q2 sales growth 9% yoy, EPS growth -2%. Q2 margins operating income 19%, net income 13% free cash flow 27%. Very high return on equity of 193%. Market cap 26.6 bn. Increased its EBITDA, Free Cash Flow and EPS guidance for 2023. Share repurchase 2% annualized. P/E 30x.

Interactive Brokers (ticker: IBKR).
>Q2 sales growth 52% yoy, EPS growth 66%. Accounts up 19%, customer equity up 24%. Q2 net income margin 60%. Return on equity 83%. Market cap 37.7 bn. Dividend 0.4% annualized. P/E 30x backward looking, 20x forward looking.

More profitable, growing gems /biz/ ?

>>55758998
He is the worst. He also uses an anon sock puppet that usually posts right after agreeing with what he says

Relaxing saturday. Sipping my coffee planning my day. Just two things to do; Spray weed killer and change the fridge water filter.

>>55759562
ACTINVR lookin good on my eyes, however it is a mexican shitbank, so I'm considering that I have gotten something wrong on my fundies

Haven't gambled since late 2020 - I have $55k how do I make it go up? I sat here like a chump for 8 months watching NVDA go up forever but it seems like they're finally done doing that.

>barbie movie was kind of a hit, /tv/ shitposting cant hold back the sales

Guys should we buy warner brothers stock? This could be like ironman in 2008. Barbieverse could be a thing we could make bank. Coca cola boomer might not be such an autist for having WBD stock.

>>55759757
Try to grab some BOIL sub 60.

>>55759757
>>55759844
It might go down even further, BTW, but when certain macro conditions snap back into place and the contract roll finishes it might pop back up breddy gud. Contract roll starts Aug 8 and takes 5 business days, technically bearish for the ETF in and of itself so you *might* get to see some dipping during that unless the macro conditions overwhelm the technical aspect of selling off the cheaper Sept contracts and buying the more expensive Nov ones, which the fund will being doing in 20% intervals for each of those 5 business days.

https://finance.yahoo.com/news/bofa-clients-turn-cautious-flee-073650952.html

>>55759965
Look chud, recessions aren't real.

>>55759974
Oh, they are very real, but it is now very difficult to imagine the technical factors for actually entering one to be achieved!

Inflation is going down. People are getting summer jobs or jobs for the school year. Relaxing

>>55760012
Oh ok so when does flour go back down and stop doubling in price every 3 months?

>>55760015
Have you tried cricketmeal instead?

>>55756332
deeeeeesd

>>55759634
Im about to have to learn how to use a weed wacker because my brother can't even pay $200/month in utilities/housing damage.. Or do lawn work.. Or clean his dishes in a timely manner (more than half my pots and pans are dirty and I have A LOT) or put up tools and get his clothes out the garage.

>>55760032
kek!
>>55760015
I haven't nooticed yet, still have a good many lbs of whole wheat flour stored froozen.

>>55758881
There were a series of recession averted articles all at once.

>agree to cover a Saturday shift at work
>up now
>5 hours sleep
This wasn't worth it

>>55758341
Oh, well I guess we can just disregard it now that a random driveby 1pbtid nigger has declared it bullshit with literally no argument beyond that. Check the charts, the S&P 500 has been heading downwards since the 27th. That Anon called it on the 27th before we had the benefit of hindsight. Perhaps he was absolutely correct and actually knows his shit but us tards just ignored it. I for one do not have the knowledge, nor perhaps even intelligence to understand the how/why of what he's saying, and nooticed that on that particular day was focused on a sudden BOIL dip (and in fact a much deeper one came about 6 days later) on top of that. But there he was, in the thread among us that day, making essentially the /smg/ call of calls and it breezing right by us.

>>55760146

guys, I just got "the feeling". AMSC is shooting up on monday!!!!

>>55760231
>feeling
That's what women operate on, but I hope you do get BLESSED.

>>55759983
>it is now very difficult to imagine the technical factors for actually entering one
If the republicans win next year, we will have a recession. screen cap this.

Hmm seems the trend now and is gaining momentum as the years go on is older people divorcing and living alone. Which begs the question; Ok your single, your old, what happens when your at the point you can't take care of yourself or your house/apt anymore? Hello "retirement village living" (aka nursing home cause you can't call them that anymore even though that's what they are). So these things along with pharmacies should be exploding in profit as the decades roll on.

>>55760269
I'm pretty sure that's exactly one of the technical requirements they are trying to uphold before declaring one, but it's also looking possible for a sudden shift that renders it undeniable at some point even before then. There is only so much capability to maintain the upholding of this sheer amount of fake and gay.

>>55760299
I question nursing homes as businesses. The main source of wealth an old person has typically is their house. And that is likely only going to get sold for a couple hundred thousand dollars. So now you are talking about taking that lump sum and trying to turn it into an annuity to cover having unironic medical professionals (albeit bottom of the barrel ones) wipe your ass. And you could still live decades in spite of not being able to take care of yourself. I get the feeling retirement homes have a lot of problems with their margins. Because old people might have enough money to feed themselves for the rest of their life, but they probably don't really have enough money for someone else to feed them for the rest of their life.

mfw democrats control the media and they can't call anything a recession while a democrat is in charge. But the nanosecond a republican gets into office we will """"experience""""" the worst recession in the last 50 years.

>>55760299
You really want to be looking at Chinese market for that. They have no social security net for the elderly like we do in the U.S as they expected that filal piety of their children taking care of them. However thats not the case and the Chinese government sometime last year mentioned potentially having to tweak that in the future.

>>55757155
Oil and oil accessories

>>55758341
Idk seems pretty accurate so far.
Probably gonna treat it as the top until it isn't

We ded.

>>55760433
I'm just running calculations on what I am going to end up paying my family for the house they inherited. Interest rates have shot up to 7.5% from my original calculation at 7% so was trying to figure out what my new loan amount should be and how much they should be docked (I have been ready to buy this house now for two years, even at 3% interest rates and paying 210k for it, now with rates at 7.5% I am looking at paying 160k).

What does everyone think of this plan:
33% of poorfolio in meme stock
66% of poorfolio ready to dca into inverse stocks (if recession coming)

>>55756332
>credit hit
>Japan dumping american bonds
>China dumping american bonds
how long before the fed caves and starts up QE again?

>>55760483
If americans domestically hold most of the debt, it isn't a big deal if we just default. What are they going to do?

>>55760483
They sort of had to due to banks exploding. I dont think they will stop until that speeds back up again. Currently they are running off 70 billions of bonds off their plates each month and haven't stopped.

>>55760483
My brokers (female) tell me that won't happen until at least 2025.

>>55760469
Retarded. You'd best just park your cash in Robinhood Gold for 4.9% and wait on Bloomberg to declare the bottom of the coming heem, then all in on VOO.

>>55760493
Lol.

>>55760459
>even at 3% interest rates and paying 210k for it, now with rates at 7.5% I am looking at paying 160k
It should have gone up though with the higher interest rate though right?
>>55760483
>QE with no one wanting to buy debt
That would sink us. They have to cut their spending.

>>55760493
>foriegn investment in american debt shrinks
>Americans hold most of the debt
>inflation can't be offshored anymore

>>55760508
>They have to cut their spending.
That's never going to happen

>>55760517
That's when the war starts.

>>55760520
Not under leftist retards anyways.

>>55760508
My original loan I tried to originate before it hit legal snags was 168k. Of that 129k would be going to various family members while the remaining cash would be used to pay two years of backed property taxes, fix the foundation, replace the boiler etc. Now if interest rates stay at 7.5%, the sweet spot seems to be reducing the loan to 160k and reducing the cash divied out to family to 121k.

>>55760508
>That would sink us. They have to cut their spending.
this never happens
look at every single reserve currency in history. it always dies because the super power never cuts spending and always goes with inflation

>>55760554
I think the bigger issue is the supression of wages for the poor which causes the currency to stagnate in wealthy hands not doing anything and paying for all intents and purposes no taxes. The only way around that issue where wealth accumulates in the hands of the wealth IS inflation but also WAGE INFLATION. Or just aggressively tax the wealthy but thats not possible due to all the various tax avoidant structures.

>>55760523
our debt to GDP is already higher than post WW2 levels when we maxed out our military and started the Marshall plan as well as japan and korean relief

I genuinely do not think our nation, let alone modern nations ad a whole, can fund a war when they already have a welfare state choking them out

>>55760167
Exactly

>>55760543
ahh, I dunno. Bank jews wouldnt give me a loan when I bought my place in 2020. So I told them to pound sand and payed cash.
>>55760554
Guess it depends all on who wins election. Dems will probably raise taxes rather than cut programs

Either way were screwed lol.

>>55760588
wage suppression is directly linked to the unchecked massive amounts of immigration and refugees as well as foriegn workers like H1B1's, not to mention women in the work force

look at Canada, they've kept wages completely stagnant because of globalization being abused for cheap labor. but the average Canadian cant put two and two together. they will vote for the policies which drive down wages and then complain about wages

I miss BOIL KANG even though he is a nigger.

>>55760588
>accumulates in the hands of the wealth
They usually dont hold large amounts of cash, they have assets that appreciate. Hence why gates owns a landmass the size of california.
>Or just aggressively tax the wealthy
They'll just move or do tax shenanigans so they dont owe anything. You can tax businesses but that will just raise prices, cut liabilities, force them offshore, ect.

The baked chicken breast in my fridge that was starting to get a bit sour is all gone now. I think I will be living off of Banquet tv dinners for a while now... Long CAG

>>55760747
In all seriousness though, CAG's payout ratio looks fucking retarded and they probably shouldn't be doing that.

>>55760613
The kang is dead.

>>55760629
What's the answer? Issue a new currency and start over? I literally don't see a way out of this, there was never a way back from printing 20 trillion dollars in 24 months

>>55760804
https://www.youtube.com/watch?v=ENXvZ9YRjbo

>>55760851
The answer is to lower the fucking budget by cutting welfare and entitlements but anyone who does that will be voted out. Once a country realize they can vote in people to give them free money it will spiral. There is no solution

>>55760900
Defense budget should be slashed. Military is just a welfare program.

>>55760851
Need to solve the problem of wealthy self insulated NIMBY's that don't really care about the burdens they put on others first. Sometimes I think the hard commies might actually be right about those people, but I would settle for forced bussing into minority neighborhoods so they can live amongst the people they use as political bludgeons.

>>55760900
I don't know which is less likely, America cutting its entitlement program or cutting its military. I feel like while neither is likely this almost follows those near-future predictions where America recedes from the world stage and drastically collapses its military spending fitting in the de-globalization. Because there's pretty much no way the average poor dumb retard is going to let go of "their" free shit.

>>55760910
>slash defense as the world get ever more insane and dangerous by the day

>>55760851
We all know the way out, like the only real answer is cut spending. Welfare state has been unsustainable for a long while, billions to forign affairs isnt helping, making the taxpayer eat student debt is unsustainable. ect ect.

>>55760910
dude the defense budget is barely $750 billion out of a total of $6.3 trillion. The definit alone in 2022 was $1.4 trillion

you could COMPLETELY gut the defense budget and we'd still be in a hole as big as the entire military budget all over again

the interest in the debt is 63% of the military budget

>>55760921
If you think some chinese or russian is more dangerous than the nigger or spic on the street corner, then you deserve what you get. No soldier is going to save you from them.
>>55760928
All of it should be cut is what I'm saying. All welfare, all spending. Just delete the federal government and start over.

>>55760949
If you do that you'll just get people voting people in to put it back anon.

>>55760949
>we don't need both global and local nigger defense

>>55760949
sure i think we all agree that some of defense spending should be cut but if the military is the first thing to go then I think you need to look at some other shit too like foreign aid and the some of the shit congress pass during the spending bill. i think i remember they agree to pass spending several millions to afghanistan or some other backwater middle east country to promote LGBT..... fucking really? congress could spend less but wont. gotta get those pet projects in to stay in power.

>>55761067
>i think we all agree that some of defense spending should be cut
nope, but it should be reallocated more smartly with a greater emphasis on making advances towards the concerns of the future so that we stay as ahead of the curve as possible in as many ways as possible.

Was away traveling for a few days... what did I miss?
I see my portfolio has been heemed

>>55761149
that's what u get for not always being here

>>55761149
Fitch downgraded our credit over January 6th and not the government's retarded spending habits. So it has people kind of confused right now.

>>55760921
The world gets more insane and dangerous because the US purposely provokes and stokes conflict in order to justify paying contractors

DOOM BULL

>>55761210
https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023
Not one instance of j6. It's our currently uncapped spending limit until 2025, debt to GDP ratio, the last 20 years of debt ceiling bullshit, and that Fitch is predicting a recession next quarter or the quarter afterward. Talking head TV retards are just finger pointing.

>>55760354
Just like the 2008 recession under obama the republican.

>>55761289
>Obama
a legend, the hero we needed, but didn't deserve
the single worst thing to ever happen to blackfrican nigmericans

>>55761272
What matters is what CNN is reporting anon.

I've already seen about ~5 different diehard palantir shill youtubers pre-emptively coping about earnings
Top or bottom signal?

>>55761221
Enjoy rallying with your comrades over that at the autonomous zone, but however you slice it defense is one of the absolute top priorities if the US is going to maintain power into the future and thereby bring far more order into the world where the people themselves are capable of operating within order than it does add chaos to peoples who are incapable of order to begin with. Long:
BA
BAH
GD
GE
HON
LMT
LDOS
NOC
RTX
and seems I'm forgetting some.

>>55760053
Is he younger?

>>55761401
Why do you think the world is getting more insane and dangerous by the day? That's the reason you disagreed with cutting U.S defense spending, right? Now you're pivoting to "well we need to maintain power into the future, who cares if we add chaos to places that were already chaotic..." But I thought that chaos that grows every day is what makes it important to not cut defense? Besides, places like Western Europe that are "capable of operating within order" don't need our help, let them cut their own welfare programs to pay for their own militaries and make their own contributions to NATO
$113 billion to Ukraine
$2 trillion in Afghanistan
And literally trillions of dollars that can't be tracked or accounted for in audits of the Pentagon

>>55760053
Oh, I remember you saying a short while back that he was needing to come live with you and you were essentially dreading it and such. Maybe put forth some strategic notions without being too heavy handed that hey, if he's going to live there then there's some things he's going to need to contribute so that your own home remains a place that you yourself want to be in. Something I do, btw, which I learned from monks, is have one of each dish/eating utensil, and wash them immediately after use and put away. NEVER "just leave this in the sink/dishwasher till later". ONE for each person is all you need, keep the guest ones stored separately. The principle behind this one habit applies to many other things. Fuck later, you make a mess clean the motherfucker now. NO MESSES ALLOWED, PERIOD.

Bull thesis
>measured
>data driven
>coherent
bear thesis
>fart noises
>schizo conspiracy nonsense
>parroting MaverickofWallstreet

Why is anyone still bearish? The recession was in 2022.

>>55761528
Perhaps there are strategic reasons that the Ukraine expenditure is worth it, which has nothing whatsoever to do with "we stand with" type mentalities. A lot of the rest that you're bringing up is conflation of circumstances that get too complex for me to be willing to type about, but a hint is the chaos I mentioned above is not much related to the sources of substantial danger elsewhere.

I hope we get deflation again. After the shat show that was 2008 we had deflation for a while. Least it seemed like it. Sigh, making what I am now (75% more than I was in 2020) with the cost of things falling like a rock would be nice. Salary is going up a tiny bit again in January due to income tax cut and maybe another 6% come July 2024 if they give another pay hike.

>>55759634
cheers KO boomer
https://www.youtube.com/watch?v=zns8Y8phigk

>>55761553
You're going to be dragged from your government shill office and attacked by an angry mob of broke jobless people after the economy collapses because of you.

>>55761576
I don't work for the government, those jobs pay shit. 2 more weeks till we crash?

>>55761553
>The recession was in 2022.
Bitch this is 1929, we're still crashing!

>>55761553
Schizo website faggot

>>55761149
I got hit with a 3 day for "e-begging" when I was just making a joke, meanwhile some faggot was posting BBC porn for like an hour with no consequences because the tranny janny was busy salivating over it. Where did you end up traveling to?

>>55761617
Sound crazy
>Where did you end up traveling to?
I'm not doxxing myself any further

>>55761553
based
line only ever go up

>>55761530
I do two rounds of dishes a day since I take coffee and tea with a double sink its very obvious his side spilling over. I hate to be that one telling a grown man what to do but I had to growl at him this morning about dishes. The cash problem thing is more an issue though since hes essentially constantly in my wallet because he never has cash to front an issue. But he also owns a 5.5% share of the house so when I buyit out from family I can rectify the debt owed and then essentially landlord and demand a years worth of cash to put forward to the repairs needed and taxes on our deceased parents home (he was there but couldnt pay the bills) until he can manage to pay bills. I think.hes racked up $500 in tolls from work and even tried to sell a car but after title transfer fees and dmv stops I believe hes going to actually owe me more money.

>>55761629
It's not really doxxing if you aren't there anymore poem anon...
>>55761591
Hows the weather in Stockholm this time of year swedecuck?

Will the Jews in charge ever allow retail to get in on a short squeeze in a post-GME, post-AMC, post-BBBYLGBTQWTFBBQ world?

>>55761617
hey you'd probably know since you're a degen... is there anywhere you can bet on the weather? i've got an absolute cinch

>>55761641
People can check travel records to see who left from the Seattle area and went to that location, and narrow it down to me

>>55761479
18 years older than me. Fell off a building and semi crippled himself (walks on his own but his entire backs been reinforced) with a crippling need for weed. Thankfully he has no issues just doing that in the garage but when it gets cold I think he will try and do it in the house and he does the crackpipe type with the blowtorch to heat up a dab.

>>55761629
>just saying I moved from my old apartment to my new one is doxxing

>>55761663
>18 years older than me
Oh man, that makes for a whole other dynamic than I'd figured.

>>55761674
I didn't move. But I will in the coming months... how did you know that?

is 100$/week spent on booze a lot?

>>55761656
nothing yet. Speaking of gambling I need to control my drinking when playing poker. I absolutely mog people in the first 6 or so beers. Ended up placing 4th in a $10 tournament last night and won $75. But then I went and played cash games and was hammered and lost all of it because I have a tendency to go all in on dumb hands when I get drunk. I need to work on that.
>>55761658
kek jesus poem anon I don't think anyone here is quite that autistic to do that

>>55761695
Nah that's only 5k a year. Not bad at all.

>>55761658
>check travel records
is this supposed to be public information or something you can just google? do americans really?

>>55761694
Oh, ok, I just figured it might be that since you'd recently told us you were getting a new place that was more expensive but some other difference I don't recall, maybe a lot nicer or something like that.

>>55756332
Any useful advice here or is it just a shitposting general?

>>55761695
Depends what you're buying but that's really not terrible although i'm a cheap date. A $15 of keystone is $9.99. I don't see any point in buying anything but bottom shelf booze if you're just drinking to get drunk. I refuse to drink Natty or below though
>>55761719
No, poem anon is just having a schizo episode right now. There is no way to check "travel records" lmao

>>55761716
phew thanks anon, I was getting worried there for a sec.
I have to cut spending since my salary is like $2,5k net and I didn't have enough for food last week.

>>55761739
BOIL you niggertardfag.

>>55761739
No. It's weekend /smg/. It just turns into a shitposting general on the weekends and it's a refreshing way to rest your mind after an intense week of trading

>>55761745
Okay just put my entire life savings in Boil.

>>55761739
>useful advice
Well that all depends on where you're at bub. Mostly we shitpost but there is gems here and there.

>>55761745
>BOIL
shill me this pick. What exactly is happening to make people ultra-bullish on it. I get that fall and winter is around the corner, but is that really it?

>>55761683
His limitation is only manual lanour. What does he choose to do? Dig in a ditch with a shovel. Hoping he decides to work a brewery botteling where he should be able to keep a regular paycheck

>>55761762
Kick ass, barring some sort of black swan macro shift that changes things you'll probably wind up doing breddy gud if you hold until what should be the peak in Oct/Nov when it rolls to the Jan Henry Hub contract. Just watch for a good sell pump, the best of which will likely be a temporary spike. Glad you got in sub 60.

>>55761773
He's been bagholding since the shill last year shilled it to him.

>>55761739
generally speaking, posts with the cutest anime girls contain the best advice.

>>55761742
>poem anon is just having a schizo episode
I'm mainly just concerned there might be other people who were at the event that also post on /smg/, and I wouldn't want them to be able to make the association
My reputation would be ruined if they realized how much money I've lost, and also that I'm pathetic

>>55761790
https://www.youtube.com/watch?v=9nkbyAh9Hj0
No one cares.

>>55761789
Which is why my posts are the quintessential best advice, My wife is the cutest.
>>55761790
You weren't at a blacked.com porn conference were you? Like that one king coomer that got famous?

>>55761788
See that’s what I’m worried about. That’s one of the reasons I’ve been branching away from /smg/ and this site as a whole. You can never be certain that someone is actually dropping some useful info and insight, or just shilling their shit bags.

>>55761773
That's about it, it's a very volatile instrument so it gives lots of fairly wide dip/rip swings to accumulate/sell, what with not only the nature of natgas prices in and of themselves, but 2x leverage on top. If you know where it's at within its ranges it's an *excellent* relatively short term swing, but if you jump in blind with that expectation then you can also get deep and hard fucked pretty quick. I always suggest starting a small position and watching it to build on dips, then sell on whatever rip you want, but I'm building mine with an exit target of Oct/Nov when it's on the Jan futures contract, which is the peak prices for the cycle, assuming nothing shocks it.

https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html#venue=globex

BUT
>BUT
BUT
I also don't ever want to be without holding at least some, because speaking of shocks, shit can happen to where even a small amount becomes worth substantial money. NOT LIKELY, but absolutely fucking possible.

>>55761812
No. If that was an option, I might have gone there instead

>>55761788
I'm green, nigger.

>>55761743
Well it depends on your salary obviously, but 5k is a pretty typical cost for a minor hobby.

>>55761824
BOIL doesn't even work like that. You buying on top of me will not do me any favor whatsoever. BOIL tracks natgas futures prices at 2x leverage, simple as. And I'm not "holding bags" anyway, my positions in 2 accounts are both green.

>>55761839
Sounds like it was a business trip or something. Did you catch a mariners game or something?

>>55761824
Anon if you just look for people’s advice without the ability to discern the risk and opportunity of the investment just buy ETFs. Every investment opportunity that isn’t literally brand new has bag holders. You’re always buying someone’s bags. You could buy someone’s bags and still end up making more money than them.

>>55761812
v-tubers are not real anime girls though

>>55761877
No I went to a different state entirely
It wasn't entirely business, but there was some of that. I just didn't have any time to post on /smg/ while I was away. I followed the markets on my phone when I can... and yeah it was bad

>>55761882
If anything they are ACTUAL real anime girls though

>>55761824
>You can never be certain that someone is actually dropping some useful info and insight, or just shilling their shit bags.
You should be 100% confident that any serious financial opinion you read anywhere was written by someone talking their own book.
The beauty of this place is that we intentionally toss in some absolute dogshit once in a while to weed out the retards. If you're incapable of learning to distinguish, its best you leave quickly.

>>55761871
>BOIL tracks natgas futures prices at 2x leverage, simple as.
Not how stocks work anon. There are always buyers and sellers. You wouldnt be avatarfagging and shilling it 24/7 if it didnt matter lol.

>>55761790
Hey man, your reputation here isn't predicated on how much money you've made/lost, and in fact losing money tends to be reputation positive if you do it with a little flair. I for one just appreciate the personality flavor dynamic that you add to the soup here. You're one of the essential people that make this place a "place" for someone like me to come along and newly discover and appreciate the culture of. You're one of interesting characters around the little town on the show, like at Walnut Grove.
Verification not required.

I got nothing going on today so i'll bake

>>55761739
Every now and then somebody screws up and posts some good tips and advice. It’s why I like /smg/ and can walk away for awhile and know I’m not missing anything important.

>>55761941
It's how BOIL works. The market makers are on the other side of the trades. Again, BOIL tracks 1:1 with natgas prices at 2x leverage and that's just the way it is, niggertard.

fresh bread
>>55761972

>>55761972

>>55761972

>>55761974
>shill defends/misdirects being a shill
Nothing new.

>>55761998
>telling your /smg/ bros/sons about a kick ass trading instrument during a time when its prices are breddy gud for buy ins when it doesn't benefit me in any way whatsoever for them to buy in nor am I in any degree of detriment if they do not buy in is "shilling"
I try to live a life as pleasing to the LORD GOD Almighty as I can muster, which I'm sure ain't much, but just can't resist informing you that you're a niggertardfag.

>>55760629
>they have assets that appreciate. Hence why gates owns a landmass the size of california.
How does it appreciate? Who can afford to buy it?