[Coronita]

[quote=FlyerInHi][quote=flu]Trump issues exec order to block Broadcom takeover deal.

Don’t like the guy, but I think he got this one right.
[/quote]

Can you elaborate on this one? Why is that a good decision, either business wise or on national security grounds?[/quote]

whatever I say doesn’t matter because in your mind whatever trump does is wrong. if obama made the same decision, you would be praising him for his decision.

And considering I use to work in this wireless Telco space…specifically both for Qualcomm and Broadcom and Avago….it would be pointless to have a discussion with someone who has no idea how this industry works and not even qualified to work in this industry.

[Coronita]

I think I’m going to pick up some qcom shares now that it’s below $60…lol.

[Coronita]

Trump issues exec order to block Broadcom takeover deal.

Don’t like the guy, but I think he got this one right.

Good news for the local economy too. Though now, shareholders being pissed, I see a big layoff around the corner, especially after what the execs in the last meeting.

I do enjoy watching Hock and Avago finally getting the screws put to them.

Firesale price on Qualcomm shares too. Below $60 maybe???

[Coronita]

[quote=The-Shoveler]Just a general observation:

When the market is doing well, people call it investing in the stock market.

When the market is going down people call it gambling in the stock market casino LOL.[/quote]

kinda like Bitcoin…..lol…

[Coronita]

[quote=spdrun]And why would you want to work 60 hours a week with no vaca week-in, week-out? Life is not a test of manliness. I’d rather be in a supported environment where I can be straight average and still be comfy.[/quote]

Because when I am young, I’d like to maximize my earning potential and put as much money to work in investments as early as I can..
so that by the time I am in my 40ies I can enjoy my life and consume the material things I’ve always wanted to without much financial consequences….. and pretty much give the finger tomanuone who thinks theuly can hold me hostage to a paycheck.. oh wait, I did just that.

versus some others that choose not to live up to their earning potential when they are young, and now camp all day on piggington hoping for a big crash that will propel them forward financially above everyone else similar to buying a lottery ticket … or complain about how expensive and overpriced everything is…and how everything new is bad and everything old and cheap is good…..and hopey dopey for a change that levels everyone else while magically emerging from a financial apocalypse better than people who frankly are financially more savy and more diligent. But hey, whatever floats the boat.

[Coronita]

[quote=spdrun]flu —

socialism? What about people who just want to work 40 hours a week, have guaranteed time off, not have to worry about budgeting for unexpected health expenses? It’s not bad for the average worker-bee who can enjoy life without stressing on things like health insurance and the value of their IRA.

Mobility indices tend to be higher in “socialist” Europe than in the USA. Wonder why that is?

http://www.epi.org/publication/usa-lags-peer-countries-mobility/%5B/quote%5D

ah yes.. work 20 hours get paid. work 60 hours get paid more, and get taxed more so your effective pay is just slightly better…sounds like paradise for you. which reminds me to ask you again…why haven’t you moved and permanently relocated to Europe? lol

[Coronita]

[quote=The-Shoveler][quote=flu]
I don’t know what is worse. the administration we have now, or the future a lot of us will have once the GOP is virtually non existence and you have 1 party dominate everything…..[/quote]

The more likely scenario is FIRST, California being split apart then the nation splitting itself apart with no USA as we now know it existing.[/quote]

that’s a good point….that or Oprah becoming president. lol

[Coronita]

[quote=The-Shoveler][quote=flu][quote=FlyerInHi]What is long term, Flu? What happens in 10 years when the deficit and Federal debt are unmanageable? I remember the dire predictions of the past.[/quote]

don’t know. the way I figure. I have money now to live and enjoy a reasonable life. rest goes to the future for kid and etc. long term maybe another 10-20years?

by then this country will have fully embraced socialism….good time to move money out of the country probably. I am kidding….. sort of.[/quote]

This is where those trillion dollar coins come in handy LOL.

Seriously in twenty years I hope our robot overlords will be more like wall-e than terminator LOL.

Inflation anyone?[/quote]

socialism is great for folks that made it to the top 1% who no longer need to accumulate wealth to be financially independent…..they might pay a little more on taxes on earned income , but if you made it to the top, they are just sitting on a pile of money and not so dependent on earned income. Tax consequences of sitting on a pile of assets is very low….just like in Europe….

on the other hand …. people still earning a wage or income will get taxed to the max to subsidize everyone else not making it….they themselves will have a much harder time to accumulate wealth and become financially independent…..just like in Europe.

if in doubt look at Spain….and talk to Spain highly educated tech workers or doctors who all want to get the fvck out of Spain and go to America or Germany… lol…..

I don’t know what is worse. the administration we have now, or the future a lot of us will have once the GOP is virtually non existence and you have 1 party dominate everything…..
it won’t matter because there will be so many Americans so disillusioned by how things turned out, they will all want someone to help them out and give up…that’s party agnostic.
so I predict we will have a tiny part of the population working to support a much larger population that has given up, and a bunch of fat cat people who don’t need to work, sipping their nice Merlot….

meh, not going to be my problem. my earned income days will be long over before then….lol….

[Coronita]

[quote=FlyerInHi]What is long term, Flu? What happens in 10 years when the deficit and Federal debt are unmanageable? I remember the dire predictions of the past.[/quote]

don’t know. the way I figure. I have money now to live and enjoy a reasonable life. rest goes to the future for kid and etc. long term maybe another 10-20years?

by then this country will have fully embraced socialism….good time to move money out of the country probably. I am kidding….. sort of.

[Coronita]

I think what’s going to happen is the markets are going to get totally trashed this year. folks that are invested for the long term that follow the regular dollar cost averaging thing will be ok. people that speculate and out all their eggs in one basket will take a hit and when interest rates move higher, they’ll sell to cut their losses and move into a safer CD or something like that. once the helicopter speculators leave the markets ,we’ll see more predictability. Good opportunity imho for folks to accumulate during the downs and ups bit by bit. almost effortlessly. short term pain for long term gain.

suddenly I don’t feel so bad building a $45k Miata. lol. it would have been flushed down the tubes by some Trump tweets. lol

[Coronita]

. you can

[Coronita]

[quote=kev374]markets went screaming up today.. at least Wall St is calling BS on a trade war possibility.[/quote]

Lol. Have you noticed every time you make a post raving about how strong the market is and how it’s recovering, the market corrects the next day?

Cohn resigns. Futures way off….

[Coronita]

[quote=FlyerInHi]Wow looks like the Trump admistration is really worried about China overtaking the US and leading in 5G. See the nationalized 5G network they proposed before.

Now they want to block the Broadcom Qualcomm merger on national security grounds. Like the government can develop tech better than the private sector.
https://mobile.nytimes.com/2018/03/05/business/dealbook/broadcom-qualcomm-cfius.html%5B/quote%5D

Qualcomm has a government division fwiw.

also a good portion of the ip portfolio should remain in the u.s.

[Coronita]

I just had this done about two weeks ago.

I paid $230 for replacing the regulator, shutoff valve, and fixing a leaking drain that required cutting the drywall, drain pipe….I provided the regulator, he provided the shutoff valve.

It wasn’t even worth the time and effort for me to do it myself.

[Coronita]

ouch. another big drop today…..lol….

[Author]

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