Search results

It's sad when you look at the 70s which is the only real comparison we have. We're almost following it to a T. We'll let off, get a year or so reprieve, and then inflation will really kick into high gear making this look tame in comparison. It's doubly sad that they've had the blueprint on what...

Man, this thread is depressing. My father in law is in hospice and probably has a week or so left at the most. Brother in law (my wife's only sibling) was able to get some paperwork done kind of last minute where my mother in law will get $215k in "disability." I believe it's already gone...

Like I said last week, it's VTSAX with Vanguard, and not the ETF version. So it settles out at the end of trading. Like yesterday I waited until about 15 min before close to sell. I wouldn't be doing anything today until after the FOMC.

Is that a bad thing?

Well that's just stupid. I'd say the chance of 75 is higher than 25, as Powell hasn't actually indicated any tapering. Everyone has just been assuming so.

Well that was a mistake. Holy shit at this open. No regrats though.

If we really do get 50 basis points today and Powell doesn't decide to do his foot in mouth shit, we could be in for a monster day. Although I do wonder if we aren't muted this morning until the Fed meeting in anticipation.

People expecting massive volatility. In both directions. Going to be lots of winners and just as many losers.

Sold the first $20k out of our retirement (although technically this is from our taxable). Really hard to time this shit. I missed the 4100 last week and I didn't want to leave all of it up to chance with the announcements this week. Still have a bit more to do, and maybe some traditional to...

It was because of some spammers, but I can't remember what they were spamming for. I feel like it was some luxury brand shit like Gucci.

Speaking of ridiculous banned words, remember when coli was banned on misc and people were having to add spaces to broccoli to get it through?

Too hard to answer without knowing your personal risk tolerance, your time horizon for needing the money, and general feelings about the future. If you're high risk tolerance, believe the US as a country will continue into the future, and don't need the money for a decade or longer, equities...

Hard to get excited about a spaceship crashing into the ocean when the technology is now there to, you know...not. It'd be like celebrating a car stopping by driving into a giant net instead of just braking.

I think over 750 is all that matters. Wife and I both were up in the 820s. I ended up getting a medical collection I never knew about it and it tanked me a ton. Was still able to get the lowest rates on our mortgage (I was able to get the collection expunged midway through and it didn't impact...

I've been miscing since 2009, so apparently yes?

Jesus, dude, get a grip. It's a fucking internet forum.

Down into the toilet...again...now.

We'd need more than a 12.5% increase from today for me to lose (4465 S&P 500). The alternative would be a 25.8% drop (2947), which seems even more unlikely.

Looks like I'll inevitably win the stocks contest. There will be no end of year rally.

Why is the stablecoin backed by another asset? That seems to defeat the purpose of pegging it to the dollar. You're basically saying it's pegged to two different things and if one fails it goes tits up.

Yeah, I'm confused by that. How do you "lose" a peg to the dollar? You either derive your value from it or you don't. Crypto is full of idiots.

Not $69.420 billion? Disappointed.

Father-in-law got diagnosed with leukemia back in early summer 2020. Even ended up getting covid about a year ago (we didn't visit for Christmas because of it), and despite having no immune system, still overcame it. A few months ago they started him on twice weekly transfusions. We were here...

Funny, I saw a headline (didn't care to click the article) about some guy predicting $250k by the end of 2023. I think you crypto people are hilarious. Every year people think it'll be $100k by the end of the (current year).

Yeah, fuck. That one stings. Didn't realize she was that old though.

So is this more bipolar market thinking the Fed is raising rates again, or consolidation (probably not, since it keeps skidding down)? If it's the rates issue, I really do wonder how bad this gets. Consumer spending is high, but it seems entirely based off massive amounts of credit. It's not...

I missed the pins once. Luckily it was early on in my lifting career and only like 155 lbs. Dropped it on my face. Knurling got my lip pretty bad, but I finished my workout. Most of my 2+ plate lifting came after I got the home gym so I was always lifting in the rack. Mostly safe, although...

It's back up. Again...

Actually I'm not sure @Masakari actually lifts. And I forgot about giant black nerd @Brahma, who's a brick shithouse.

Only like 3 of us (and 2 of us are miscers). The other one is a dog fucker. But no one on the misc lifts anymore either, so yeah. https://www.firesofheaven.org/threads/arkks-weight-lifting-fitness-thread.68/

Katya is like the misc's version of MFF.

This shit down again? Wanted to read misc's take on the Musk drop, and all I'm getting is database errors.

https://www.cnbc.com/2022/12/01/cramer-powells-inflation-remarks-a-green-light-to-stay-in-stocks.html

Yeah, they'll be mutual funds (VTSAX) out of our taxable account. I've mostly been hoping we can hit 4100 for the first bit I sell. But with only a month left of the year, the time is running out for me to sell. It's a big risk waiting for a Santa rally at the end of the year, cause we could...

Damnit, I strongly considered putting in a sell order for maybe 1/4 of our 2023 expenses yesterday. I'm not sure when Vanguard executes trades, as this will be the first time we sell. I imagine you probably have to have it in by a certain time and then it settles out at the end of the trading day?

I posted about it about a month ago, but there was a massive institutional buy threshold at I want to say around 4030. Once we hit it, it was off to the races. I'm still concerned this is just a bull trap, but I'm hoping maybe we can hit something like 4200 by the end of the year.

Disappointed that you all aren't enjoying it. Only read this thread so far, but it got me watching Dark and I'm really enjoying it (only a few episodes in, but I'm a sucker for time travel). Was hoping this would be just as intriguing, but it sounds like it's shit. Bummer.

This is what I don't understand. The goal of interest rate hikes is to do just this. So why is the market down today? Shouldn't a bad jobs report be good news? It means the Fed won't need to be as aggressive.

Those seem like Gen Z kids set in the 90's. Probably because that's what they are, and Gen Z kids are insufferable.

I thought everyone had been shitting on my pessimism that it'd drop back down? What changed?