*Investors Blog*
- Thread starter Warstud
- Start date
I think the McJobs are losing a lot of people to the "gig" economy. If one has a vehicle, they can fire up an app and drive for Uber/Lyft, deliver DoorDash or Instacart, Amazon even pays folks to deliver in their personal cars. No hot kitchen to work in getting orders barked all day, make your own schedule and easily work around school or taking care of kids.
Is that not wanting to work or working smarter?
Absolutely. Many of the 2 story houses around here have a half bath on the 1st floor. People are paying $2M and up, then starting reconstruction on the 1st floor to make a full bath for their elderly parents.
Mother-in-law house advertisements are in your face. 2 problems with that; small lots and regulations.
Renting rooms has been going on forever.
They are ignoring the bad earnings ....the stock is up 3 percent
Not when the person has to pay for the gas usage and tires wearing out sooner.
JHZR2
Staff member
Isn’t that how it used to be? Not even that long ago… like 120 years ago???
Reverting to the norm doesn’t seem so spectacular. In fact, it almost seems like common sense despite the excessive conditions that we have enjoyed the last many years.
Many things have resulted in excesses in pay in some sectors, lack of sufficient pay in others.
Not really ... look at this post.
*Investors Blog*
Purely my "man on the street" research says its a tale of two cities. The low end jobs aren't real. There used by places that use them as a crutch to overwork their current employees. The places want to understaff because they don't want to pay 20 an hour, then they tell their current staff...
bobistheoilguy.com
Set aside some play money and trade BBBY.
If you lose all your money, no worries.
Maybe $10-20K …. ?
More signs of slowing economy.
www.cnbc.com
www.freightwaves.com
Amazon scales back cargo flying as demand cools, contractor says
Air Transport Services Group said Amazon will be flying less in response to slowing consumer demand and a worsening economic outlook.
www.cnbc.com
FedEx Freight announces another round of driver furloughs
FedEx Freight on Friday announced the second round of temporary furloughs of drivers in past three months.
www.freightwaves.com
JHZR2
Staff member
I said 120 years ago. Say around 1900 and before.
Not 1971, which is what the study is looking at. Vast, vast difference. Sprawl and suburbia and various trends are massively different in 1971 from ages before.
Reversion to the norm of 1901 is what I meant, not 1971.
Who cares what happened 120 years ago ... doesn't mean it's cool and the "norm" now.
Fact is, multi-family households have been ever increasing like the data shown in my referenced link, and the reasons why are in the linked articles provided.more than a month ago tesla stock was trading at 108 usd. and Elon haters and most of mainstream media was celebrating his downfall daily. tesla stock is now at almost 195 usd. and climbing. and twitter is close to being profitable.
I think Pablo bought some
You gotta love folks that make investment decisions based upon emotion. I didn't get in quite at the bottom, but I did manage to catch the falling knife at about knee level. Up 58% since I bought 6 weeks ago.
Most investment in the stock market increases when the interest rates go down and decrease then the interest rates go up.
Why didn't I? I drank too much naysayer's kool-aid?
I bought in the 120s with the plan to buy more at 100, and every 20 point drop thereafter. Oops. Now it's going to have to hit 300 before I can sell enough to afford a Model Y Performance. Can, but probably won't since I'm such a cheapskate.
I did, made some $ and sold. Never was going to be a long hold for me.
The whole glee when Musk seemed to be faltering I found rather disgusting.
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