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CoronitaParticipant[quote=scaredyclassic]
scaredycat assume the very worst scenario.
[/quote]You worry way too much. Let me show you why..
[quote]
i budget for bail money for crimes nonexistent grandchildren may commit 25 years from now.
[/quote]In 25 years…Most crimes in CA will probably no longer be punishable and bail will no longer be needed, because bail exploits wealth inequality that CA is working to eliminate!…
Right now, theft under $950 is now considered petty theft and no longer prosecuted. That will almost likely certainly adjust for inflation, and it only takes one defense attorney to successfully argue that. With today’s current published inflation rate of 8.5%, that petty theft would be considered anything under $7302.42 25 years from now.
Nothing to worry about!
Well, maybe the one thing I would worry about is you might be unemployed if CA moves that up by a few decades, obsoleting the need for prosecutors or defense attorneys. But that’s a different argument to worry about!
[quote]
On the other hand, yeah, you’re right, I do seem to have extra money. I still cannot pay $3 a pound for apples when I can pick up grapefuits from the street on my walk.[/quote]Whoa…You should never be spending $3/lb for apples in the first place…
You need to shop at Zion Markets or HMart or Sprout or Trader Joes!
$0.99/lb Fuji Apples:
https://www.hmart.com/weekly-sales-and-events/california/$0.99/lb Honey Crisp Apples:
https://www.zionmarket.com/weeklysale?state=caWhile there, you can pickup grapefruit for
$0.69/per lb at Hmart or
$0.99 per 2 lbs at ZionThat’s your problem right there. You’re getting ripped off..
There’s gotta be some equivalent in Temecula. Ask your closet asian friend or family, and he/she/they will know…
Gotta know where to shop.
…or do what SDR says… Plant an apple tree, and instead of watering it..pee into it. It’s good for plants…. nitrogen, potassium and phosphorus naturally occurring.
Reduce, recycle, reuse.
CoronitaParticipant.
CoronitaParticipantWelcome back dz… Glad you’re back when the market is down, like clockwork.
Meow.
CoronitaParticipant[quote=scaredyclassic]More money may not make you happier, but radically less buying power through inflation could bum you out.
I’m not even comfortable buying apples at current price.
This kind of economic environment makes me feel like working into ones 70s is necessary. You may think you’re set, and really not be set. If you want apples.[/quote]
Are you serious?
Come on dude. You’re practically a dinc….(double income no children)….I’m waiting for my kid to go to college (hopefully), and that 529k plan will pay for that… I’m done with major expenses. I buy whatever I want now within reason without even thinking.
I just bought my third torque wrench!!!
And paid $26 for 1 e10/e12 wrench for euro cars!!!
My tool collection keeps getting bigger and bigger. One can never have enough tools!!!
CoronitaParticipant[quote=The-Shoveler]Went into the Office today (first time since January),
About half the people that were normally here are present.
Learning/hearing about several people in other departments that retired over the last two years, kind of interesting really.
Feels weird dressing up and going in LOL.[/quote]
Some people probably revisited that life is precious and the thought of being unlucky and dying from covid, some people probably decided to retire early and enjoy life.
Lots of school teachers retired.
Also, even dealing with robotics teams, a lot of good robotics team retired because their mentors decided to “retire” and there’s 1-2 years of knowledge gap with seniors leaving before transitioning knowledge to younger kids during the pandemic, and some teams will have to rebuild from scratch…
I made it clear I will not travel for business for some time. A lot of people said the same thing. The last time they tried to have a senior leadership meeting in Florida with all the senior managers from all our locations, a few folks from UK flew into Florida and they ended up all getting covid. Since then, there is no requirement for engineering leadership since then.
CoronitaParticipant
CoronitaParticipant[img_assist|nid=27606|title=|desc=|link=node|align=left|width=100]
CoronitaParticipantSold NAIL for 15% gain…about $1500. I need a new set of tires.
….Not that it materially impacts my portfolio, but we know someone like keeping score on how many times he/she/they is right….
Meow.
CoronitaParticipant[quote=deadzone][quote=Coronita][quote=gzz]I reduced my net long in the stock market today.
Trimmed back a lot of my winners by 10-20%. Opened very small short positions in Snow, nvda, msft, unity software, and home depot. Increased my short in lyft and wework.
Went long twtr and increased my position in T. P/E of only 7![/quote]
lol..um…ok….[/quote]
What’s the LOL part, the long Twitter?[/quote]
Well, I Loled because I thought was would be funny the day after we have two contrarian indicators go short , the markets takes off the next day, since now we have double the contrarian indicator..
It’s like the the Jim Cramer effect , but in the opposite direction, multiplied by 2.
All we need is someone like spdrun to also go short, and we have a trifecta of contrarian indicators to go long in the market….
Inflation just hit another high. Time for landlords to jack up rents to keep up with inflation. I hope people’s salaries are keeping up.
CoronitaParticipant.
CoronitaParticipant[quote=deadzone][quote=Coronita]Again, you’re trying to justify your decisions you made 10-12 years ago by trying to pretend to be an economist.
[/quote]
Stop trying to be an A-hole like SDR, what decisions I or anyone else made 10 years ago has no relevance today. You two are the ones living in the past. The reality is today we are in a massive bubble that is on the verge of crashing. 30 year up to 5.25% today and still going up. Asset markets are primed for a monumental crash.
Again don’t blame me, I’m just the messenger. The Fed and corrupt government controlled by Wall St. got us into this mess, not me. They are also the reasons your RE assets are so inflated right now. But fantasy land doesn’t last forever.[/quote]
Lol. Um I don’t wish bad on others for personal gain. That’s your department. You said it yourself several times. I’m just here for the entertainment value of your posts.
And your past decisions is completely relevant to your posts because it’s a reflection of how accurate your convictions are to the practical day to day decision making that are made wrto personal finance.
I’m merely pointing out that rather than focus so much attention in so many one hit wonders, you’ve traded off huge opportunity costs that is going to take a huge windfall to make up the difference. No different that your difference to try to outsmart the system by foregoing decades of DRIP style investments in the stock market that in a monthly basis would have been effortless, but now will take also a one shot high risk gamble to come out just even relative to the dumber DRIP and forget approach….something that apparently is very difficult for you to process and acknowledge that it wasnt a very good long term strategy……nothing you’ve done suggests you are smarter then the vast majority of the population or that your decisions in the past would accomplish better results than the majority of the population that you think is dumber than you….and the results for the past decades (not just a few single years) seems to support this assertion. Just saying. Again, you are trying too hard to be right in order to stay relevant.
CoronitaParticipant.
CoronitaParticipant[quote=gzz]I reduced my net long in the stock market today.
Trimmed back a lot of my winners by 10-20%. Opened very small short positions in Snow, nvda, msft, unity software, and home depot. Increased my short in lyft and wework.
Went long twtr and increased my position in T. P/E of only 7![/quote]
lol..um…ok….
CoronitaParticipant[quote=an][quote=deadzone][quote=an][quote=deadzone][quote=an] I don’t bet on one direction or another.[/quote]
You literally just placed a bet that Neflix was going to go higher.[/quote]
Thank you!!!! for bringing my attention to NFLX. Up about 18% in less than 2 days. The question now is, should I sell and capture my 18% gain?[/quote]So did you sell? NFLX back to about where it started. Or are you going to take advantage of this temporary dip and double down with some more Calls?[/quote]
Nope, haven’t sold yet. It’s a 2024 calls, so I have plenty of time. I’m still up $626 (8.9%) so far. Was much higher last week, but I’m still in the green.[/quote]But that’s not in the money!!! fake news!
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