Home › Forums › Financial Markets/Economics › Sell
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September 6, 2021 at 9:01 AM #823120September 6, 2021 at 9:38 AM #823121flyerParticipant
I think staying actively engaged in whatever is meaningful to you for the duration of life is very healthy both mentally and physically.
Haven’t “had” to work for years, but we’re busier than ever with extremely interesting projects/activities that benefit us as well as others, and hope they continue as long as we live. Still have time for “retirement” activities as desired, but no need to “retire” in order to enjoy those things.
September 6, 2021 at 3:18 PM #823122scaredyclassicParticipantIf it was more lucrative, I might be interested in shepherding as an old man. I talked to a shepherd in a local preserve who was watching 100 plus grazing sheep for weed control. He seemed to be having a good day. Obviously, need good sun coverage.
Nice how no humans were involved.
I think I prefer goats tho.
September 6, 2021 at 3:48 PM #823123CoronitaParticipant[quote=scaredyclassic]If it was more lucrative, I might be interested in shepherding as an old man. I talked to a shepherd in a local preserve who was watching 100 plus grazing sheep for weed control. He seemed to be having a good day. Obviously, need good sun coverage.
Nice how no humans were involved.
I think I prefer goats tho.[/quote]
I sort of want to open my own shop for fun. But I quickly realized working on my car are fun, working on someone else’s car, especially if they are going to be a pain in the azz would not be.
I guess more realistic is when my kid goes off to college in 3 years, I want to be able to hit every track Speed Ventures or SCCA allows me to go. Put a car on a trailer for the weekend and trying to come back in time for school and work isn’t practical for most events.
Other than that, have everything else I need already. ok maybe I need a hydraulic lift at home.September 7, 2021 at 11:52 AM #823124The-ShovelerParticipant“hydraulic lift at home”
Yep top of my wish list too.
To be honest retirement scares the crap out of me.
September 7, 2021 at 12:04 PM #823125CoronitaParticipant[quote=The-Shoveler]”hydraulic lift at home”
Yep top of my wish list too.
To be honest retirement scares the crap out of me.[/quote]
But these actually are decent…
September 8, 2021 at 6:20 AM #823126The-ShovelerParticipantNeed something like this and a two story garage to put it in.
Now just need to convince the wife we need it.
October 15, 2021 at 11:45 AM #823358daveljParticipant[Sorry, just getting back to this thread…]
I have one word for investors: BUYYYYYYYYYYYYYYYYY!!!
Kidding, of course. I think. Actually, I’m not sure, maybe folks should be buying. I have no idea.
I’ve been totally wrong about this incredible, amazing rally so really no one should listen to me. After almost 25 years of having a pretty good understanding of how financial markets work, I have come to the conclusion that my views are no longer relevant and possibly counterproductive… I simply don’t understand how markets work; today’s prices tell me so. Ha!
Cryptos (including “joke” currencies with multi-billion dollar valuations), NFTs, $30 trillion in “free” money via the Global Powers That Be, 6% (alleged) inflation vs 3% 30-year treasury rates (might be the weirdest of them all), Price/Whatever ratios (further and further) in the stratosphere… none of it makes any sense to me. But it appears to be the new reality. No amount of negative news about anything appears to crack these markets – in fact, the opposite. So, there you have it.
I wish everyone the best of luck in these strange – sorry, new normal – times.
October 15, 2021 at 12:16 PM #823359scaredyclassicParticipant“the market can remain irrational longer than you can remain solvent” used to be good advice, but I think I’d limit it nowadays to “the market can remain irrational” and edit the remainder.
Or perhaps…
“It is very risky to be prudent.”
Further proof we are living in a video simulation.
October 15, 2021 at 2:57 PM #823360CoronitaParticipantI am convinced it’s not one particular person that is wrong about the market. It’s whoever posts next about any sort of direction in the market, the markets are bound to go the opposite way the next week! So never say what you think/want to happen.
With that.
The markets are going to fall bigtime next well. Sell. Dump immediately. It’s going to crash big time. You are all idiots for staying in this market. Get out while you can…Trust me, you’re wrong. You are a fool to stay in this market next week. I sold something this week because I know next week it the markets will be down.
There…
You are welcome!
October 15, 2021 at 3:29 PM #823361The-ShovelerParticipantIf we can prove we are a simulation, I would feel better about it.
IMO after 2008/9 the TPTB got together and decided nothing can ever be allowed to crash for any length of time ever again.
Now that that’s said I expect a big crash to start next week.
October 17, 2021 at 8:18 AM #823362scaredyclassicParticipant[quote=The-Shoveler]If we can prove we are a simulation, I would feel better about it.
IMO after 2008/9 the TPTB got together and decided nothing can ever be allowed to crash for any length of time ever again.
Now that that’s said I expect a big crash to start next week.[/quote]
You don’t need proof. Just accept this is a simulation, and feel better.
October 17, 2021 at 11:29 AM #823363sdrealtorParticipant[quote=davelj][Sorry, just getting back to this thread…]
I have one word for investors: BUYYYYYYYYYYYYYYYYY!!!
Kidding, of course. I think. Actually, I’m not sure, maybe folks should be buying. I have no idea.
I’ve been totally wrong about this incredible, amazing rally so really no one should listen to me. After almost 25 years of having a pretty good understanding of how financial markets work, I have come to the conclusion that my views are no longer relevant and possibly counterproductive… I simply don’t understand how markets work; today’s prices tell me so. Ha!
Cryptos (including “joke” currencies with multi-billion dollar valuations), NFTs, $30 trillion in “free” money via the Global Powers That Be, 6% (alleged) inflation vs 3% 30-year treasury rates (might be the weirdest of them all), Price/Whatever ratios (further and further) in the stratosphere… none of it makes any sense to me. But it appears to be the new reality. No amount of negative news about anything appears to crack these markets – in fact, the opposite. So, there you have it.
I wish everyone the best of luck in these strange – sorry, new normal – times.[/quote]
Never underestimate the power of the passage of time.
Maybe it’s time to consider marriage as well
October 17, 2021 at 4:21 PM #823364daveljParticipant[quote=sdrealtor]
Never underestimate the power of the passage of time.Maybe it’s time to consider marriage as well[/quote]
I’d say this has very little to do with time, and everything to do with unprecedented market intervention… even in the context of four decades of pretty extensive market intervention. I expected to see 2-sigma central bank madness… but not 4-sigma. But, hey, such is life. To quote Vincent in Collateral… “Now we gotta make the best of it, improvise, adapt to the environment, Darwin, sh!t happens, I Ching, whatever man, we gotta roll with it.”
Marriage? Methinks not. I’m having too much fun – no reason to ruin it now. There are two events I won’t attend: marriages and funerals. In each case, someone’s lost a life.
October 18, 2021 at 8:02 AM #823370sdrealtorParticipantThe passage of time is what allows for those interventions.
Saying I’ve been totally wrong would’ve been enough;)
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