Forum Replies Created
-
AuthorPosts
-
CoronitaParticipant[quote=ltsdd][quote=flu]S&P and Nasdaq at record.
…lol…..[/quote]
If the markets don’t stage a rally at the close today…bend over and be ready for a few more days like today.[/quote]
I disagree. I think this is more like hysteria then anything else. But time will tell. I do think this will force US companies to diversify their supply chain from China, which is a good thing. It was already started with the tariff wars where some of manufacturing was shifted from China to Mexico. This probably will accelerate that trend..It’s good. Might even boost opportunities in North America. We shouldn’t be solely dependent on China anyway.
CoronitaParticipant[quote=FlyerInHi]Ha! Political bent.
You are the one who wants to blame everything on Democrats, including the election of Trump. You can’t even accept that Republicans are the only ones responsible for Trump.[/quote]again Brian, that’s you distorting the truth again. And again agsin.
When did I blame ALL Democrats on everything ? Again that’s your myopic vision and distortion of what people say. There are plenty of Democrats I like and do the right thing. And there a bunch of them crazy too.
Time after time on this blog, you’ve twisted the words of what others say. a handful of others, if what they say doesn’t agree with your narrative. And many many people have called you out on it. you should remember, because each time it happened I was laughing my ass off watching you trying to backpeddle as they called you out on it, only for you to sink into a deeper hole that you dug yourself into over and over again. And then you wonder what’s up with all the mockery. There was one other person that did this and very similar to your personality on this blog. BG. Yes it’s true.
Again, it’s really funny you would say others distorting the truth. This is analogous to a husband accusing a wife that she’s cheating on him because he himself is cheating has a guilty conscience, lol.
CoronitaParticipant[quote=FlyerInHi]I stuck my neck out and predicted the next recession while nobody else did.
I still think I will be proven right, adjusted for the fact that the Fed has been preemptively fighting the next recession.BTW, I don’t think spdrun is negative. He’s doesn’t like the consumerist capitalist system we have. He has the right to wish failure just like you wish China would fail. Actually the people predicting/wishing China’s failure have been wrong, wrong, wrong.
Just like the fiscal conservatives deficit hawks. Wrong, wrong, wrong.Ha! You don’t care when the markets fall. But you are compelled to post when they go up. Sure. you don’t care.[/quote]
See that’s the problem you have. You think you stuck your neck out there on a public blog as if it actually mattered. Newsflash. it doesn’t. There is no “risk” with anything you say. You can make up shit all you want say what you want (as you normally do) and there is really no consequences, except people pointing out how wrong you are many many times. And the only person that seems to care is you. Because then all the sudden you go into hiding or you bring up another subject to deflect. First it was your political rant posts about Republicans , and when you started to look like a idiot, then it was a slightly bent recession post that was supposedly to support your justification for your political rant posts. it’s funny you mention about people distorting the truth because you are the worst offender and maybe the reason why some folks have been intentionally doing this is well, we wanted to bring it down the gutter to your level. And apparently you care a lot about it. Anyway, if you care about people laughing at you on a blog, which apparently it seems like you do, then don’t be such a douchebag as you would be in real life. That’s just common sense.
And if you don’t care what people think it say on a blog, like I don’t give a shit, then we’ll say whatever you want. All we have done to this blog recently is we have simply brought this blog down to the level that you’ve been operating at all this time before we started to make a mockery of it. 95% of the shit we post we don’t even mean, and if you haven’t figured it out. well, oops.
CoronitaParticipantBrian , Im actually pretty positive at least more so than you Brian and Spdrun. For example, see even when the markets are down 900, you think I really care? You guys feel you need to be right all the time. I don’t. That’s the big diference. That’s why you always feel you need to get the last word in. And why you don’t like it when people point out how dead wrong you are most of the time. And when you are dead wrong, you end going into hiding. Lol.
CoronitaParticipant[quote=ocrenter][quote=flu]lol
https://www.instagram.com/p/B8ZgJPYCemU/?igshid=9faql3ctw31j%5B/quote%5D
LOL[/quote]
Glad you thought it was funny too. So sad it’s funny. People are that paranoid.
I actually got lectured by a Chinese woman a few days ago. She was really paranoid about the Coronavirus in SD and asked what can we do in San Diego to prevent this. I said, jokingly, if you really are concerned, do what other Asian people are doing and avoid places where Asians congregate and if you do need to go to those places, wear a mask. Oh my God, did I get an earful of being a racist , how I’m upsetting the Asian community by saying this…..And then I asked, well what part that I’m saying (half jokingly) are other Asians not actually putting into practice….and BTW when was the last time you went to ranch 99. Dead silence. She never said anything again.
I don’t mind, I sort of like being able to go to Ranch 99 on Saturday without fighting for a parking spot. And man, all that buy one get one free food is awesome!
Anyway, I’m adding more to my Gilead stock position today. I feel sort of bad doing so, but hey if people are going to run scared shitless about this, there’s room for speculation. That, and hopefully I can unload some of my gold bullion to the coin shops this week near $1700/ounce. Just $30/ounce go!
CoronitaParticipantI think the only ones really paranoid about the Coronavirus here are other Asian people, specifically middle age and older Chinese and they are the worst ones in discriminating against themselves.
Ranch 99 is a ghost town these days. And much of there food is on buy one get one free. lol. And most of the cashiers now are no longer Chinese. They are either Latino or Vietnamese. And the parking lot is empty.
My kid had a cold and recovered from it and had a cough, and my kid’s private Chinese language tutor called me and asked if she could skip classes for two weeks. She didn’t want to risk geting the Coronavirus. I’m not kidding. My kid’s friend that attends Chinese school in the weekend mentioned parents are asking if they can do a video conference based class instead of attending in person.
And when my kid wants to hang out with other Chinese friends or had a school project, their parents call me and ask if I’ve been to China. None of her non-chinese friends’ parents have ever called me for the same reason. Go figure..
CoronitaParticipant[quote=FlyerInHi]Flu, Nate said that he’s been buying properties while preparing to buy something substantial during the next recession. Nobody has been waiting around doing nothing.[/quote]
My comment wasn’t directed at Nate. Where did I say Nate belongs in the the D&G category?
The D&G category is only reserved for a select few individuals. Those individuals know who the are, because they are the ones that have constantly trying to chase a negative theory to fit their often past 4 year wrong theory of failure, and have been also pretty vocal about seeing more enjoyment in seeing the failure of others rather than the successes of everyone else…most likely because of their own failures and shortcomings have distorted their thinking into thinking life only a zero sum game such that those in the D&G category need others to lose in order for them to win, and
“winning” is important as a matter of self-esteem… which is a pretty screwed up thought process imho.CoronitaParticipant[quote=42nate1]Recessions come – they always do. The unknown is when. Unless the Coronavirus turns into a pandemic, the US is not going to go into a recession this year.
I am looking forward to the next recession. I have a long list of stocks I want to buy on sale.
My goal is also to buy a small apartment complex in the next recession. I was fortunate enough to buy two properties in 2008-2010. Not smart enough to aggressively buy more. Have bought some other properties since then. They cash flow, but missed the big appreciation gains.
I love the though of “one and done”. A small complex at the right price point, and I don’t need to ever purchase another property again.
Still have not figured out the down payment portion of this goal. I need a few more years.[/quote]
I don’t think anyone , inclusive , would disagree with you about an eventual recession. The mockery was about linking it to Trump or for that matter Obama or even Sanders. And for that matter the giddiness of any bad news that comes out lately, there’s this audience that literally jumps up and down thinking “here’s the big one coming”…. and it’s been going on for 4 years. 4 years and a lot of lost opportunity…I’m still trying to understand how their crystal ball is working out.
None of this imho would even be necessary if there was a longer term , regular , DRIP investment strategy in place. It still amazes me how some people dont do it , if at all, as a plan B backup plan, and still count on a one shot, one trick pony event. People still think over the long period they can beat the markets consistently by a one trick pony after giving up years (decades ?) of opportunity. Not everyone, obviously, some with D&G viewpoints.
CoronitaParticipanthttps://www.wired.com/story/bernie-sanders-russia-chaos-2020-election/
Russia has already gone after Biden aggressively, likely hacking into Burisma, the Ukrainian gas company whose connection to Hunter Biden has been the focus of conspiratorial narrative by Trump and his allies. Moscow’s disinformation efforts in support of Sanders once again focused on Iowa, whose caucus earlier this month was beset by technical difficulties (which, to be clear, have not been connected to foreign hacking).
“We saw Russia amplifying conspiracy theories suggesting that delays in reporting returns were part of an effort to deny Senator Sanders a clear win,” says Jessica Brandt, head of policy and research for the Alliance for Securing Democracy, a bipartisan nonprofit that tracks and counteracts Russian disinformation. “We also saw them highlighting theories purporting murky ties between other candidates and the company that created the caucus app.”
That’s not to say the activity tracked by ASD is what led directly to the intel briefings being reported on this week. In fact, it seems unlikely: Sanders told The New York Times Friday that he was briefed a month ago, which would be before the Iowa fallout. But it does speak to what experts say is Russia’s ultimate goal, which is less about Sanders and more about promoting chaos. The point has always been to find democracy’s loose seams, and pull.
CoronitaParticipanthttps://www.cnn.com/2020/02/21/politics/bernie-sanders-russia-election-interference/index.html
I always said the best way for Russia to ruin America wasn’t just to influence putting one extreme Trump in office. I always said it was to influence the outcomes to constantly put one different extreme after the other to stir up internal conflict in the US.
It will be interesting to see how Bernie supporters spin Russian interferance as “not happening” or “didn’t happen” lol.
CoronitaParticipant[quote=The-Shoveler][quote=ltsdd][quote=The-Shoveler]LOL this is why FIRE is actually a problem.
Your meant to pursue happiness not achieve it.
Else who is going to keep everything running.[/quote]
If pursuing happiness is your goal then FIRE is certainly one way that would allow you to do so.
For many people work != happiness – it just simply pay the fvcking bills.[/quote]
LOL I think you guys missed my point entirely,
It not about you being happy (or anyone’s happiness), it’s about having the best and brightest remain in the work force not walking on some beach.
While the remaining (not so bright) screw up everything trying to keep everything up and running LOL.[/quote]
I look at it differently….because we have all the not so bright trying to run things at a cheaper cost, things eventually do get screwed up…royally….
And that creates opportunity for people like me and the people I work with to clean up the mess that most other people screw up, which ends up costing a heck of lot more money for them to fix because they end up having to pay a lot more people a lot more money both undo the original screw up and to build whatever they were trying to build.
CoronitaParticipant[quote=ltsdd]You’re projecting it from where you’re sitting. Try to take a moment and imagine those who toil in low-paying, manual work and let me know if they’re pursuing “happiness”. The high-paying tech sector is just that, one sector of the economy – not everyone gets paid a hefty 6-figure salary for spending half their day at work surfing the internet.
Oh…many people people I know that quit (retired from) their jobs are not sitting around at home. They all do enjoy the fact that their vacations can be as long as they want it to be and they can extend it on a whim and don’t have to worry a thing….while pursuing their happiness.[/quote]
Maybe, but low paying job and San Diego or most of the west coast does not compute. That’s the problem. People in a low paying job in SoCal just starting out, can’t afford home ownership and can barely make it affording the rent. FIRE isn’t going to work. They need to move to a lower cost area/state. The burn rate from housing alone is a lot. That’s just reality. The California economy along the coastline and the general costs associated with living along the coast is just not conducive for family counting on minimum wage/low paying jobs. That might have worked years ago when the cost of housing didn’t spiral up like it did. But it did. Short of being on federal and state subsidies, you’re hurting if you have have no subsidies and you have a low paying job here in this state because of all the fees and taxes and costs associated just to stay afloat. Take something as simple as transportation. It’s expensive for a normal middle class family just to operate and maintain a car, and in CA, not having a car is virtually not an option for most people who need to go to a job. That’s just reality. And that’s also the problem. CA can only attract people out of state who can work in those high pay and high paying jobs. In many ways, those people are BETTER being in this state versus everywhere else, because those higher paying jobs/professions generally can weather the higher costs of being here as those salaries/comps are generally tracking slightly better the increasing cost of living in CA versus other professions (not completely, but closer). That’s why we haven’t seen a massive net outflow of jobs. If you look at some of the statistics, some of the higher wage earners are moving from out state into CA where they can make more. New Jersey is one such state losing a lot of profssionals to CA.
Meanwhile, middle class in lower paying jobs will continue to be squeezed out because their costs are going up, but their future wage earning prospects are going down. These are the families leaving the state. All these payment processing, medical billing, dental billing, clerical jobs are already been transitioning out of San Diego into lower cost states because those jobs don’t really require that much special skills and can be done by people in a low cost states. San Diego use to have a pretty large number of companies that did such work.CoronitaParticipant[quote=ltsdd][quote=The-Shoveler]LOL this is why FIRE is actually a problem.
Your meant to pursue happiness not achieve it.
Else who is going to keep everything running.[/quote]
If pursuing happiness is your goal then FIRE is certainly one way that would allow you to do so.
For many people work != happiness – it just simply pay the fvcking bills.[/quote]
Imho that’s pretty sad. I never understood why people feel compelled to get stuck in something they hate doing. it’s like getting stuck in a bad relationship only worse. It’s at least 5 days 8 hours a day.
I think there is a misconception that if one quits and does nothing at all , it will solve everything. For a lot of people , staying home and doing nothing would be eternal boredom. I like going to work to see people and talk to people. Second, if you’re working whether it’s at a job or your on biz, you always have a boss. it’s either a physical boss or a bunch of customers. So the real question is which “boss” is the most that’s most tolerable.
And then there is a price of convenience of being an employee versus running your own business. and that depends on what industry you are in. For example. At one point it made sense to be an independent contractor in tech. not as much anymore, it depends on what you do and how specialized you are.
For example IT support and help desk, the markets is getting smaller and smaller to do a small shop computer support specialist shops. You don’t need to hire someone with a college degree to do some basic maintenance these days. People I know hire a bunch of bright high school students. Did you know that for example that at Canyon Crest Academy, they have a high school CS program that by the time you graduate from CCA, you are better prepared for the CS/IT world than many people that graduate from college? On the other hand, due to various difficultly in obtaining work visas, anyone with any decent mobile experience has virtual very little competition in San Diego. If you’re in this category, why deal with all the paperwork of a gig economy if you are a mobile guy with a 4 year degree and some experience and a company offers you close to $200k+ comp packages with medical, dental, etc etc etc and can’t push you to work more than 40-50hours these days, why not?. I mean, it’s tough for people like me that needs to poach good people from other companies, or for me to support a “remote friendly” work environment where I’m even evaluating whether we need the expense of maintaining a physical office considering mant people work remotely much of the time… but if you have this skill set I’d say milk it while you can. For as long as you can. Since it’s a pretty fine arrangement right now. What they said about restricting work visas was true I was completely wrong. it actually does improve the job market and financial situation for US and permanent residence. I take what I said back before about them. and when people here have jobs and are paid well, people spend … Definitely been an eye opener for me. I will never hire a H1-B again without having at least a comparable position available for an American worker….another life experience I wouldn’t have realized if I didn’t “work”
-
AuthorPosts
