They were a zombie company for quite a while.
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- Thread starter Warstud
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They were a zombie company for quite a while.
No kidding dragging it out forever with some Klingons buying
AMC and Game Stop might be next.
I still have cash on sidelines for buying opportunities. Right now I’m 80% cash.
As long as no one here is shocked, then we are doing OK.
I have a decent amount in cash, but I am playing the market..........by playing I mean speculating to the extent of investing. Not pretending to pick a bottom, or a top.
I've made money, but nothing even close to you.
Hasbro laying off 15%
Lots of layoffs and picking up steam.
www.dailyjobcuts.com
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Daily Job Cuts - Your Source for Job / Business / Economy News
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Just what you were waiting for ?Lots of layoffs and picking up steam.
Daily Job Cuts - Your Source for Job / Business / Economy News
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I thought they already had. Ha Ha. Guess its good I don't even attempt to invest or even trade in retailers. There entire business model is foreign to me.
Yeah, I'm not much into retailers either. Never any margin left for the share holders. Razor thin if they are doing it right, hoping for volume!
Lots of layoffs and picking up steam.
Daily Job Cuts - Your Source for Job / Business / Economy News
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Although some high profile tech companies are "right sizing" and ending programs that have been deemed a failure, UI claims continue to be at historic lows.
New unemployment claims number shows job market resilience
The number of Americans filing unemployment claims remains low.
www.axios.com
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White collar jobs can't claim unemployment until their severance runs out - or the number of weeks of equivalent severance runs out if you get paid in a lump sum. In many states its hardly enough to bother anyway.Although some high profile tech companies are "right sizing" and ending programs that have been deemed a failure, UI claims continue to be at historic lows.
New unemployment claims number shows job market resilience
The number of Americans filing unemployment claims remains low.
Ask me how I know. HA!
Still, were short workers so really if these people were any good they should have no problem finding work, it just might not be as lucrative.
What are some suggestions for PASSIVE INCOME.
I've looked at this: https://www.ebay.com/itm/191661773301?hash=item2c9fee91f5:g:cYEAAOSw3ydVzSU9
and Encore Energy: https://encore-energy.com/
but I am not a "high worth investor"
I'm 40 so if I was to start over, I would have gotten a job that had a Pension. Passive income that keeps earning money when you sleep is important in any portfolio.
I've looked at this: https://www.ebay.com/itm/191661773301?hash=item2c9fee91f5:g:cYEAAOSw3ydVzSU9
and Encore Energy: https://encore-energy.com/
but I am not a "high worth investor"
I'm 40 so if I was to start over, I would have gotten a job that had a Pension. Passive income that keeps earning money when you sleep is important in any portfolio.
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What jobs still have a pension? Pretty much only govco. I couldn't stand it - and it doesn't pay.
My wife is a teacher and will get a state pension - assuming its still solvent by then, which is a big if.
Railroad. USPS but not as good. Teacher Pension is constitutionally protected in IL. and pays decent.
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Railroad pension is exempt from social security - meaning you can't really get both if you worked a lifetime for the railroad. One of my grandfathers retired with a railroad pension - so your trading one for the other.
Don't know anything about USPS. Teachers pension here in South Carolina is legally protected as well, but when they run out of money - the laws will be changed. If they can't even afford to fund the pension fund now - how will they afford to pay benefits out of the general fund.
If pension is a primary concern - the absolute best would be a full military career IMHO.
I guess because Social Security is a trust fund and looking everything up quickly. If you pay into the Social Security Trust Fund for at least 10 years, you get money when you retire. Of course, it depends how long you paid into it.
Do Postal Workers Get Social Security? | HelpAdvisor.com
Do postal workers get Social Security benefits? Keep reading to learn what you need to know about Social Security for postal workers and federal employees.
www.helpadvisor.com
So you going to spend it all at once? Cause inflation is beating most investments.
I will put 100% of the money in my Fidelity or Vanguard account and trade it.
You cant use short term data for mid to long term investment. Meaning the period of high inflation is just a dot on the board.
Just because inflation is high one year or even two years followed by recession, one just needs to look at the track record of the stock market in years and decades. Clearly those who have invested have done well.
Furthermore even in high inflation times there are investments that do well to very well but if one just wants to park money in a mutual fund and not bother, once just needs to look at the track record of those funds or if you want to cut those loses and you are really that good, saw this coming, you could have gone to the safety of even a traditional savings bank in Dec 2021 and preserved your gains and be collecting 4% + interest right now.
Other people might be better off leaving it in the pension fund if they can not make sound investment decisions.
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