[moneymaker]

Good link Myriad. What would happen with another rate hike? Would it be different?

[moneymaker]

It is mad money that I’m buying stocks with. I own Apple, Qualcomm and Ford. With Ford I bought at 9,8.5,8,and just now at 7.5 in equal amounts. If it gets down to 7 I hope to buy more. I’m following Jim Cramers tactic of buying as it drops. My reasons for buying Apple and Qualcomm are because of 5G. My reason for buying Ford is that it is below book value and pays a 7+% dividend, I was into AT&T for similar reasons. I like that Ford is making the Ranger again, just wish they would sell the diesel version here in the US.

[moneymaker]

Thanks gzz,
Another question I have is if I think a friend/relative is investing in a company that I believe is a ponzi scheme, should I say something or just let them learn the hard way.

[moneymaker]

With no apparent reason for the downturn I’m looking at this as a buying opportunity, if I’m wrong then I will hold long term for the lower capital gains tax. Short list currently consists of Apple,Qualcomm, and Ford.

[moneymaker]

I don’t really plan to hold Ford long term just long enough to earn some dividends and hopefully sell higher than my average buy in.

[moneymaker]

I think the lowest its ever been is $2. Doubt it will ever go below $5.

[moneymaker]

I agree, though I sold it already I will buy again on the dip. Same goes for Ford. Noticed they are advertising the cheaper models with 0% interest now. Why not sell the Raptor at 0% interest? And I love that they are bringing the Ranger back. Never owned one but think they are a great alternative to the big gas guzzlers.
Took my winnings off the table, when the rest roll in along with dividends, I’ll take those out too.
Would like to buy some Apple but not low enough for me yet.

[moneymaker]

Picked up some ATT stock yesterday and some AMD this morning. Flu why do you think AMD crashed? Did you sell a big chunk?

[moneymaker]

I’m half in on Ford and half out, so if it dips I buy more, if it goes up I sell! Sold half of stock at profit so I could have some dry powder. As far as the IRS is concerned I haven’t made any money yet, but I know better.

[moneymaker]

The inflation that some of us have been predicting for years is about to make my mortgage look ridiculously cheap!

[moneymaker]

Cost-push inflation could be caused by tariffs or OPEC raising their prices. https://www.frbsf.org/education/publications/doctor-econ/2002/october/inflation-factors-rise/

[moneymaker]

I don’t think so. Mainly because most if not all new housing has HOA, which means it doesn’t pencil out unless putting 50% down. Which brings up another topic I was thinking about today. I’ve never lived anywhere where rents went down. They seem to be pretty sticky. If the housing market “crashes” will rents also decrease?

[moneymaker]

As much as I hate what Saudi Arabia did, if we piss them off and they do a 70’s era oil embargo it could send us right into a recession. We all know they are lying but I think we need to press them for the body to prove it. It’s kinda like China, in that we probably need them more than they need us.

[moneymaker]

As far as I can tell it just allows local government to allow rent control. Does not mean that rent control will be passed. If the networks show the Jim Carrey movie “Yes Man” right before the election, does that constitute election fixing?

[moneymaker]

Doubled down today. Now I’m 5% down on Ford but will hold it long term. I think they should offer 0% loans on their vehicles, seems to attract the people that can afford to buy!

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