Investing Thread

[MU Fan in Connecticut]

I'm already starting to see quick turnaround large buys and the panic "do you have in stock" emails for January delivery (4 already this week).  We usually have longer lead times to work with to make.  I'm also hearing from other manufacturing firms seeing the same issue as me that their customers and their customer's customers put off buys the last 3 months since they had inventory and decided to negotiate price decreases with their suppliers before placing 2024 orders.  Looks like a lot of underestimated demand and companies are just realizing they way underbought the last few months.   

I'm adding another 2 cents from my post last week.  Economy should be rolling well in 2024.

[Skatastrophy]

Based on the fact that 2/3 of Americans are living paycheck to paycheck and a majority would be unable to afford a $1000 emergency, I think you're correct.

That is an incorrect figure I think. The source of your data (grabbed the cnbc link from your post history) was LendingClub.com. The actual source said that 67% of consumers living alone are living paycheck to paycheck, and only 21% of people living paycheck to paycheck self reported having trouble paying bills.

Here's the article behind the article you posted - https://www.cnbc.com/2023/07/31/61percent-of-americans-live-paycheck-to-paycheck-even-as-inflation-cools.html

Here's the source that they misquoted to make it sound bad, if sourcing LendingClub.com wasn't bad enough- https://www.pymnts.com/study/reality-check-paycheck-to-paycheck-inflation-household-spending-shared-expenses/

Still, a salute to all the hyper-consumers out there spending their whole paycheck propping up the stock market. Keep up the great work.

[MU82]

Skatastrophy - You might have me mistaken for 82.

Maybe Skatastrophy mistook you for a dentist ...

Because I never let my thoughts on politics interfere with my investing. They are two separate worlds.

Biden, Trump, Obama, Bush, Clinton, Bush, Reagan ... you name the president, or who had control of Congress, or who governors or mayors were, or whatever ... I stay invested, and I'm always looking for opportunities to invest more.

[Goose]

82

Seriously?

[rocket surgeon]

82

Seriously?

  not to worry goose-better to be mistaken as a dentist than a "journalist"...way better

[MU82]

82

Seriously?

Seriously what, Goose?

You don't understand that I don't let my thoughts on politics interfere with my investing? What don't you understand about it? I thought I explained it pretty well.

And BTW ... you're the one who brought it up, and who brought me into it.

[Uncle Rico]

  not to worry goose-better to be mistaken as a dentist than a "journalist"...way better

6.5 out of 10

[Goose]

Rocket

I am a proud member of the dentist fan club!!

[Hards Alumni]

Rocket

I am a proud member of the dentist fan club!!

reconsider.

[The Sultan]

Rocket

I am a proud member of the dentist fan club!!

😬😬😬

[MU82]

As I read several investing sites last night and this morning, numerous analysts are coming out and warning that this market rally is "overcooked" and that trouble is on the horizon.

They might be right. Or not.

What I do know is that lots of these exact same experts are the men and women who predicted a year ago that the market would be flat at best in 2023, with many predicting a decline and/or a recession.

SPY is up 24% this year, so those who listened to them missed out on some serious gains.

Again, I'm not saying the bears are wrong this time. I'm saying that I don't know ... and that I have little reason to believe they know, either.

[4everwarriors]

BOTUS is planning a trip to MKE. Hopefully GPS steers him in the right direction and he doesn't end up in Lake Michigan. Going to taut the success of Buffoonomics. LOL, hey?

[Skatastrophy]

BOTUS is planning a trip to MKE. Hopefully GPS steers him in the right direction and he doesn't end up in Lake Michigan. Going to taut the success of Buffoonomics. LOL, hey?

We avoided a recession and inflation was transitory, so that's worth bragging about.

Not that the president has any power over those things.

[reinko]

BOTUS is planning a trip to MKE. Hopefully GPS steers him in the right direction and he doesn't end up in Lake Michigan. Going to taut the success of Buffoonomics. LOL, hey?

Tell me again how Foxconn turned out for everyone?

[Uncle Rico]

Tell me again how Foxconn turned out for everyone?

Pretty much how everyone knew it would. 

[MU82]

BOTUS is planning a trip to MKE. Hopefully GPS steers him in the right direction and he doesn't end up in Lake Michigan. Going to taut the success of Buffoonomics. LOL, hey?

Your BDS doesn't belong in the Investing Thread. Take it elsewhere.

[TSmith34, Inc.]

Neary 3M jobs created in the last 12 months
Inflation cut by 2/3rds
GDP over 3% in last 12 months, including blasting over 5% last quarter
Real wage growth in excess of inflation

Easily fooled mentally diminished conspiracy theorist proclaims everything terrible
Checks out

[rocket surgeon]

Neary 3M jobs created in the last 12 months
Inflation cut by 2/3rds
GDP over 3% in last 12 months, including blasting over 5% last quarter
Real wage growth in excess of inflation

Easily fooled mentally diminished conspiracy theorist proclaims everything terrible
Checks out

   easy on the sauce smith, most of the jobs were RECOVERED not created.  inflation is still hurting those however that do not have the extra cash to get in to the market.  some probably have this stuff in retirement funds, but let's be honest, they do not have the resources to enjoy the ride many others can

but yes, i do like the direction of the market, gas prices have fallen in this area to mid to high $2.  there have been many stocks that had been designated as hold, until they were off to the races.    got in to AI market with chips-intc, amd, nvda along with appl, msft, meta,ibm, 3m  uranium is killing it, CRM-YES!  and there are others

yes, and there are the "experts" out there...nuff said

[SoCalEagle]

   easy on the sauce smith, most of the jobs were RECOVERED not created.  inflation is still hurting those however that do not have the extra cash to get in to the market.  some probably have this stuff in retirement funds, but let's be honest, they do not have the resources to enjoy the ride many others can

but yes, i do like the direction of the market, gas prices have fallen in this area to mid to high $2.  there have been many stocks that had been designated as hold, until they were off to the races.    got in to AI market with chips-intc, amd, nvda along with appl, msft, meta,ibm, 3m  uranium is killing it, CRM-YES!  and there are others

yes, and there are the "experts" out there...nuff said

So these jobs and the low unemployment report that goes along with them don't count?  Why change the rules now?  The jobs weren't there and now they are.  Nuff said.  Send your thanks directly to Joe. 

[Uncle Rico]

   easy on the sauce smith, most of the jobs were RECOVERED not created.  inflation is still hurting those however that do not have the extra cash to get in to the market.  some probably have this stuff in retirement funds, but let's be honest, they do not have the resources to enjoy the ride many others can

but yes, i do like the direction of the market, gas prices have fallen in this area to mid to high $2.  there have been many stocks that had been designated as hold, until they were off to the races.    got in to AI market with chips-intc, amd, nvda along with appl, msft, meta,ibm, 3m  uranium is killing it, CRM-YES!  and there are others

yes, and there are the "experts" out there...nuff said

7.5 out of 10

[TSmith34, Inc.]

So these jobs and the low unemployment report that goes along with them don't count?  Why change the rules now?  The jobs weren't there and now they are.  Nuff said.  Send your thanks directly to Joe.

I mean, you do have to admire the wingnuts and their use of manipulative language. Diminishing the results and thereby ensuring no credit is accrued to Biden by dismissively calling the jobs merely recovered? Strong work.

[rocket surgeon]

So these jobs and the low unemployment report that goes along with them don't count?  Why change the rules now?  The jobs weren't there and now they are.  Nuff said.  Send your thanks directly to Joe.

  where did i say "don't count"??

also, please take into account food and energy prices in inflation if ya'll want to be open and honest

[Uncle Rico]

  where did i say "don't count"??

also, please take into account food and energy prices in inflation if ya'll want to be open and honest

2.5 out of 10

[MU82]

also, please take into account food and energy prices in inflation if ya'll want to be open and honest

Sure, let's have a calm discussion about the economy and investing.

Food prices have stabilized. Energy prices have been coming down just about all year.

There was serious inflation, mostly caused by stimulus that each of the last two presidents/Congresses passed in response to the pandemic, but also because the current president/previous Congress pushed through an infrastructure bill that each of the previous three presidents promised but failed to deliver.

Face it ... if your favorite president were in office right now, with these exact financial numbers, you'd be singing hymns to how strong, resilient, robust and growing this economy is.

To be fair, there were years where the economy was good under your hero, and his detractors pooh-poohed it. Because politics.

I know people who didn't invest for 5+ years after Obama was elected because they were convinced he would somehow hurt the market. I also know people who thought the market was gonna tank after your hero was elected and they sold bigly.

All of them failed to take advantage of one of the great bull runs ever ... and all because they let their emotions and political leanings affect their investments.

[SoCalEagle]

  where did i say "don't count"??

also, please take into account food and energy prices in inflation if ya'll want to be open and honest

Okay, looks like we agree that Joe is kicking ass on the jobs front. Thank you for clarifying your position. Finally you give the guy some credit.