Sweden is lowkey one of Europes tax havens for the rich. Not much tax if you don't have a salary. Well outside of consumer tax aka. VAT.
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Jesus... What a horrible thing to read. Discounting victims pain like that is an awful thing to do.
Hmm, wondering if I should finish filling in my Roth bucket now, not sure where the bottom is, but I have a bit more to slide in for this year. Otherwise, no changes here.
Although I am wondering what this de minimis removal will do, no more cheap stuff from Aliexpress going forward? bummer, that seemed like a good way to get some cheap connectors and toggle switches, I like Digikey and all but ... well, we'll see how electronic component pricing goes in the future. And PCB's.
If this does keep up, I wonder if mergers and acquisitions will pick up in semi? If all companies are down, might be a good time to snap up the competition and corner the market. Assuming the buyer has cash or backers.
Although I am wondering what this de minimis removal will do, no more cheap stuff from Aliexpress going forward? bummer, that seemed like a good way to get some cheap connectors and toggle switches, I like Digikey and all but ... well, we'll see how electronic component pricing goes in the future. And PCB's.
If this does keep up, I wonder if mergers and acquisitions will pick up in semi? If all companies are down, might be a good time to snap up the competition and corner the market. Assuming the buyer has cash or backers.
Well I guess you called it. But did you short it?Slim Pickens really ridding that bomb again today.
We’re flat at 12 months as of right now
I'm mostly locked into 4-5% CDs until the end of the year. Let the dust from the Slim Pickens bomb (watch) settle then go from there. Holding on the other stuff.
Owen Lucas
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Ok I mean gov't paid, which of course is supported by our taxes, like everywhere else. For college to be truly free you'd have to not pay any taxes pretty much. I'm sure some countries have that system, but they might have other problems to deal with.
I had so many grants going to college I paid more for books than tuition. I don't want to brag, but I left college, a major state school, with $0 loans. I didn't even have scholarships. I am very grateful to our founding fathers for a system of freedom of speech and strong law enforcement that allowed the US to prosper financially and give us these opportunities. They are out there, you have to find them.
Now it wouldn't be very possible to repeat that as college has become commoditized and tuitions overinflated. It isn't worth going for a degree unless it's in STEM IMHO.
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Certainly. Econ teaches us prices will tend to rise as long as consumption remains at an acceptable level. Market pricing...
Some products, within a company can, and will, be sold at a loss to penetrate a market. The Chevy Bolt, and many other EVs, are a perfect example. The expectation is profitability at a future time.
There is also predatory pricing which is meant to dominate a given market segment.
But that doesn't mean a loss leader product will continue to be offered if prospects change.
You don't know that. You don't know if Toyota is accepting a lower profit on Corollas because they can offset it by the higher profit from the Tundra.
Higher pay is meaningless when it's offset by higher prices. It's a lie based on nostalgia over a period of time which never existed. I don't hate American workers. I hate lazy American workers.
I was looking at the nasdaq 6 month on google and we're down 20% since mid February and ytd it's down 15%. Isn't a loss under 20% ytd still considered a bear market but more than 20% a crash? if that's the definition then I guess the market can't take much more pain before letting it out. And It's not until the media starts calling it a proper crash on the tv people are watching is when they all just give up and dump asap hoping to be one of the first off the sinking ship. I guess that technical analysis at that point which I'm not a fan of but i do believe in sentiment walls and I had that at the back of my mind during yesterday and the day before that and didn't want to buy. I want the market to jump over some more hurdles without tripping until I place my bet and buy more index etf's which I haven't done since November but I'm fine sitting on my cash some more. I'm in no hurry to let someone else take more of my money off my hands because I jumped the gun and bought too early.
Owen Lucas
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I wouldn't consider a 55% tax rate manageable, but hey if you are used to it, good for you.
Link to the stats? Are these per capita or maybe because the US is 30x larger than Sweden?You seem brainwashed. Might be all the toxins in your food though
Watch out for the other kind of lead poisoning aswell.
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There is a cost with having so many weapons in the US. It's a sad reality, the cat's out of the bag. But it mostly happens in high crime areas, you know, like the no-go zones in Sweden? Even I travel to bad neighborhoods occasionally for work, I get along with everyone. No one is trying to convert me or kick me out.
https://www.express.co.uk/news/world/2008143/sweden-no-go-zones-police-migrants
What would happen let's say if you went to one of these areas and decided to burn a certain book?
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Toyota Tundras are primarily built in San Antonio, Texas, at the Toyota Motor Manufacturing Texas facility, while Tacomas are assembled in both San Antonio, Texas, and Baja California, Mexico.
Deliveries to the US from Mexico will be shifted to the US plants as long as it makes more fiscal sense.
As this unfolds, people are going to start saving money and forego buying unnecessary items. That in turn results in less demand for many things, and that could make some companies fold even if they try to lower prices to sell their goods, especially if they have to try and move production, etc. Could turn into an early 2020 situation on steroids. Once it starts going strong in that direction, it's going to take a long time to turn back around.
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Same, news be doing news.
Discretionary spending will be the 1st cut back. As inflation rises, your dollar will buy less.
This is the basis of an economic slowdown. The problem is, America is near full employment, which tends to cause inflation; the tariffs will add cost without rising employment or wages. All pain with no gain, at least in the foreseeable future.
It's generally not good to kill a gnat with a sledgehammer. You might hit your thumb.
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If you do a regression to mean plot going back to the 2009 bottom, the DJIA just hit that number which sits at about 38,500.
Anyway, who cares. Volume support starts at around 36.5k and down into 32k which is the 2021 swing high. Wake me up if the bulls don't defend at least 32k.
Anyway, who cares. Volume support starts at around 36.5k and down into 32k which is the 2021 swing high. Wake me up if the bulls don't defend at least 32k.
As this spirals and unfolds with the current "plan", I'd think a lot of people are going to become unemployed, adding that to the increasing unemployed in the gov't sector. I don't see how unemployment is going to remain low unless people want to work for low wages for all the companies moving production to the US. 2+2 doesn't work in this senario.
I turned on credit leverage yersterday, carefully starting to buy some more stocks with dividend.
When BERK starts buying you know the bottom is near.
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To match the March 2020 sell off, it would have to bottom at about 33,500.
No reason to catch a falling knife as the US and likely the entire world will be dipping into a recession for the next 3 years or so.
No reason to catch a falling knife as the US and likely the entire world will be dipping into a recession for the next 3 years or so.
Thats is one way to see it.
I wanna be little bit more optimistic. This index has not moved much yet.
https://www.spglobal.com/spdji/en/i...-low-volatility-high-dividend-index/#overview
