GON
$100 Site Donor 2024
Maybe that is a reason he lives and is based in the Bahamas.
*Investors Blog*
- Thread starter Warstud
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I understand about background inflation.
If you ask for a 10% increase in next years budget and it gets approved for a 5% increase would you call that a cut? Most people wouldn’t but yet here we are.
Apples to oranges. Inflation is rising costs of goods and services over a period of time generally expressed as a rate, budgets are allocation of scarce resources in Economic speak.
I would never intend to question your knowledge.
But your example not a cut or increase in any terms. Future is forecast, not an actual.
I would call it a downward trend, or slowdown.
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Him and two of his deputies threw $69 million as political donations into the recent election. I don't think any account holders are going to get that money back.
Not sure if the law will bother to go after him, but I suspect at least some of the now broke account holders are connected. Hope Mr. Bankman-Fried has food tasters and a team of ex-SEALs guarding him.
I hope you all faired well today... This year has been rough for us "hold 'em long term" guys, but today was simply stellar.
Anytime some pro athletes, Hollywood celebrities, actors, rappers, very sketchy people promoting something this silly….. you know it’s a pump & dump scheme.
Over 20,000 coins and lots of folks hyping this toxic trash 24/7.
Sure......It's possible but I think the market will have lose about half of todays gains before it'll happen.
I beat 'em all, by a bunch (tech baby!). Bring home the groceries!
Of course, YTD, while improving, is a big negative. But over the long term the results speak for themselves. All good.
Not looking good for Twitter. Will be interesting to see if it implodes or not.
abcnews.go.com
Musk warns Twitter's survival is at stake as staff quits
Elon Musk is warning Twitter employees to brace for “difficult times ahead” that might end with the collapse of the social media platform if they can’t find new ways of making money
abcnews.go.com
Really? As a "hold 'em long term" person the past year has registered as about a 0.5 on a scale of 1-10 of things I even think about on a weekly basis. It's the short-term people and the people that may need liquidity now/soon who should be worried. On the same token, yesterday's gains register as a big nothing burger because who cares? It's just one day, one little blip up on a curve that in 6 months you won't even know that blip was there and it's meaningless.
If you look at exponential regression models of the S&P 500 for the past 70 years we are still 25% above where we "should've been". If you look at the gains of the S&P 500 over the past 10 years (with my admittedly less accurate linear regression line) we're right where we should've had been had the weirdness of 2020 not happened. Based on exponential regression it can be argued there still hasn't been enough of a correction. These chickens were always going to and had to come home to roost.
For the long term people, they should be happy this happened now because it will result in a much healthier market moving forward with plenty of years of gains ahead.
“For the long term people, they should be happy this happened now because it will result in a much healthier market moving forward with plenty of years of gains ahead.”
Unless you are at or near retirement age. Hopefully those people have adjusted their portfolios to cushion times like this. I am one of those people.
Unless you are at or near retirement age. Hopefully those people have adjusted their portfolios to cushion times like this. I am one of those people.
Those aren't "long-term people"...
Like my parents did me when I was an 18 yr old
I am a long term investor. I started in my late 20’s and just before 50 started to migrate a little to fixed income. Right now I’m roughly 64/36 stocks to FI and others. I’ll likely stay that way until the grim reaper comes. Some people might be nervous about that ratio and that’s fine. Adjust your portfolio to your risk tolerance.
Investing is more than just stocks.
Dog the Bounty Hunter might be headed to the Bahamas in the very near future.
FTX files for bankruptcy as CEO Sam Bankman-Fried resigns in disgrace
Crypto firm FTX is headed for bankruptcy after failing to secure a bailout.
nypost.com
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I am not sure if you are asking me a question... By the way, I love the regression curve. I coded a linear regression function in SQL Server to operate on millions of rows of sales data over a relevant range. Used it as a statistical forecast. It was a great challenge and proved to be remarkably accurate going forward. The best part was explaining why it was accurate, but that's another topic.
My point is, YTD has been rough on the market, but YTD is short term thinking. I don't invest that way. Living and working in SIlicon Valley, I am overweight in tech. Not a bad place to be if you start back in the 1980's.
The market seems to like the "better" inflation news. Today should follow the trend.
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