Strike 5,689 Posted August 4 I hope this crash stops soon. Oh, the HORROR!!!!! Share this post Link to post Share on other sites
Horseman 2,555 Posted August 4 22 hours ago, nobody said: I don't consider helping them pay for education being run by them. I just said I think they run you. You are the one that said they don't run you because as you said you don't give them money even though now you say you do give them money. But it isn't about how much money you give them. My perception of you is your kids run you and in the context of horseman's suggestion that you could've given them a loan and paid you interest instead of a bank, my perception is they would never pay you back and you wouldn't enforce it because they run you just like rusty is run by his female. Share this post Link to post Share on other sites
Horseman 2,555 Posted August 4 5 hours ago, Strike said: I hope this crash stops soon. Oh, the HORROR!!!!! Should have bought the 1.5% dip. Share this post Link to post Share on other sites
easilyscan 944 Posted August 4 The whole student loan debt issue has always perplexed me. I've known people who sent their children to college, who would sky scream when the price of oil/gasoline went up $0.20 in one week. Same for healthcare insurance, homeowners insurance, housing, plumbing, roofing, siding, dental, etc. Yet I don't seem to recall any of them screaming at the sky regarding the actual tuition rates. Very few of the countless articles relating to higher ed costs, are willing to discuss the root cause. The institutions themselves. When you do find an article that addresses this, they almost always use this as the main excuse. Reduced State Funding: State support for higher education has declined, shifting the financial burden to students through higher tuition rates. That's kind of irrelevant isn't it, state support or not, they're still raising tuition at an amount far above the rate of inflation. I was first made aware of this 18 years ago when the Minneapolis Star Tribune had an article titled ‘what things cost then and now’ https://www.imagebam.com/view/ME14RF3C Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 4 This crash is awesome!! Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 4 2 minutes ago, seafoam1 said: This crash is awesome!! Not impressed. Last year was well over double this pace. Sloppy Deepstate Don needs to pick it up. Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 4 4 minutes ago, thegeneral said: Not impressed. Last year was well over double this pace. Sloppy Deepstate Don needs to pick it up. You clearly don't know what you are talking about. In the past 12 months I'm up $80k gains in just one of my three accounts. The other two, with one being cash for daily spending, another $15k. And that has been mostly from last December until now. Definitely better than the previous 12. And finally a real president is putting things right. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 4 Just now, seafoam1 said: You clearly don't know what you are talking about. In the past 12 months I'm up $80k gains in just one of my three accounts. The other two, with one being cash for daily spending, another $15k. And that has been mostly from last December until now. Definitely better than the previous 12. And finally a real president is putting things right. Your specific investments aren’t really what’s relevant. If we want to talk specific investments people hold, they could be up or down anything despite the health of the over all markets. The markets overall did much, much better last year to date than this year to date. Dow Jones and S&P both well over double the pace of this year. Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 4 8 minutes ago, thegeneral said: Your specific investments aren’t really what’s relevant. If we want to talk specific investments people hold, they could be up or down anything despite the health of the over all markets. The markets overall did much, much better last year to date than this year to date. Dow Jones and S&P both well over double the pace of this year. That doesn't mean much. Because when you destroy an economy, and then go senile and then a couple smarter people step in for a bit, it appears better than you think it is. As was the case with biden. All biden did was destroy things and then later allow the natural course of the US bring things back a bit in spite of his ridiculous, stupid, spending. Plus, when people saw Trump back on the scene and biden put out to pasture, confidence grew. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 4 3 minutes ago, seafoam1 said: That doesn't mean much. Because when you destroy an economy, and then go senile and then a couple smarter people step in for a bit, it appears better than you think it is. As was the case with biden. All biden did was destroy things and then later allow the natural course of the US bring things back a bit in spite of his ridiculous, stupid, spending. Plus, when people saw Trump back on the scene and biden put out to pasture, confidence grew. This is all meaningless dribble. Deepstate Don trailing last year…badly. That’s the fact. I’m glad to see you conceded that point. Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 4 1 minute ago, thegeneral said: This is all meaningless dribble. Deepstate Don trailing last year…badly. That’s the fact. I’m glad to see you conceded that point. Trailing bad? What mental illness were you experiencing? Share this post Link to post Share on other sites
RLLD 4,272 Posted August 4 I tend to not put too much stock into the stock market performance Its nice when its doing well of course, but as a marker for overall economic health, it does not seem to really tell much of a story. Not going to be sad things are going well. Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 4 1 minute ago, RLLD said: I tend to not put too much stock into the stock market performance Its nice when its doing well of course, but as a marker for overall economic health, it does not seem to really tell much of a story. Not going to be sad things are going well. People's overall confidence in the economy is underrated in the big picture. It's not the only thing, but it's a true driver. Share this post Link to post Share on other sites
RLLD 4,272 Posted August 4 1 minute ago, seafoam1 said: People's overall confidence in the economy is underrated in the big picture. It's not the only thing, but it's a true driver. Maybe. I would understand if people are unhappy that the Biden-inflation seems to be sticking around, but its just not easy to wring that sh!t out once you allow it to happen. I think Trump oversold on his ability to influence changes in market prices. They go up rather easily and come down rather slowly. The important part for us being that he is building an economy, not simply trying to win votes by making stupid choices in the short term that might sell as good, but actually harm in the long term. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 4 17 minutes ago, seafoam1 said: Trailing bad? What mental illness were you experiencing? What we were talking about….you ok? The markets are trailing badly versus last year at this point. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 4 9 minutes ago, RLLD said: I tend to not put too much stock into the stock market performance Its nice when its doing well of course, but as a marker for overall economic health, it does not seem to really tell much of a story. Not going to be sad things are going well. The topic is market performance and generically assigning it to the Prez. Don 2.0 is way behind! Share this post Link to post Share on other sites
Maximum Overkill 2,096 Posted August 4 US stocks rebounded sharply Monday, recovering from last week's sell-off sparked by disappointing labor data and continuing trade uncertainty. The benchmark S&P 500 (^GSPC) climbed 1.5%, while the blue-chip Dow Jones Industrial Average (^DJI) rose 1.3%, or nearly 600 points. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising about 1.9%. Shares of Nvidia (NVDA) jumped 3%, while Meta (META) and Microsoft (MSFT) also rose to close at all-time highs. Share this post Link to post Share on other sites
easilyscan 944 Posted August 4 JOBY is interesting. I only had enough cash to buy 150 shares in my rollover IRA, but not going to complain. It's looking like 100 of those will be called away/assigned this coming Friday, but I'll still have 50 to ride to the moon if it goes there. https://www.imagebam.com/view/ME14RHHL https://www.jobyaviation.com Earnings report this Wednesday. It's up about 150% in the last month alone, so as always, due diligence. Share this post Link to post Share on other sites
The Real timschochet 6,951 Posted August 5 Ironically it was the bad news on Friday that drove the market up today: the figuring is that Powell is now sure to cut rates next month. Hope he does. Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 5 8 minutes ago, The Real timschochet said: Ironically it was the bad news on Friday that drove the market up today: the figuring is that Powell is now sure to cut rates next month. Hope he does. You've been wrong.....forever. Never once right. And you are welcher to top it off. Share this post Link to post Share on other sites
Horseman 2,555 Posted August 5 15 hours ago, thegeneral said: The topic is market performance and generically assigning it to the Prez. Don 2.0 is way behind! You're cherry picking stats. The market had a correction in 2025. The market is doing great compared to last time that happened, under Biden, in 2022. HTH Share this post Link to post Share on other sites
Hawkeye21 2,409 Posted August 5 Is there a specific stock that you guys really like? Something you're really excited about? Share this post Link to post Share on other sites
Ron_Artest 1,672 Posted August 5 12 minutes ago, Hawkeye21 said: Is there a specific stock that you guys really like? Something you're really excited about? BOFA Share this post Link to post Share on other sites
seafoam1 3,188 Posted August 5 Just now, Ron_Artest said: BOFA "TRUMP!!! " Share this post Link to post Share on other sites
Hawkeye21 2,409 Posted August 5 4 minutes ago, Ron_Artest said: BOFA DEEZ NUTZ Share this post Link to post Share on other sites
Ron_Artest 1,672 Posted August 5 53 minutes ago, Hawkeye21 said: DEEZ NUTZ Got 'em Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 7 On 7/30/2025 at 1:42 PM, thegeneral said: Meanwhile own thousands of shares of AAPL which has been such a beast over the decades. I think our time has come to begin selling you off old friend. Maybe you can have a nice send off tomorrow on earnings (unlikely they’ll almost assuredly drop AH’s). The stern words did the trick. A nice 10% pop in a week. I can’t quit you old friend. Share this post Link to post Share on other sites
Ron_Artest 1,672 Posted August 7 This market is drunk but I'm not complaining. Share this post Link to post Share on other sites
Cdub100 3,950 Posted August 7 If you're looking for return on capital/ dividend cash flow. Look no farther than ULTY They changed their strategy back in March and have slowed/stopped the nav decline. Paying out .10 cents a share weekly ! Share this post Link to post Share on other sites
Horseman 2,555 Posted August 7 7 hours ago, Ron_Artest said: This market is drunk but I'm not complaining. Foking Dumbass. It always does the opposite if whatever you post. We're going to start paying you to go back to predicting gloom and doom. You can use the money to pay off some of your debt. 1 Share this post Link to post Share on other sites
easilyscan 944 Posted August 7 The market giveth, & the market taketh away. Haven't taken a beating like this since my horn stuck on behind the Hells Angels! https://www.imagebam.com/view/ME14TVV0 Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 8 AAPL you sexy beast. I’m sorry I doubted you, a little tough love is all It took. All time highs in Genrilisimo’s account. A great day! Share this post Link to post Share on other sites
Horseman 2,555 Posted August 8 2 hours ago, thegeneral said: AAPL you sexy beast. I’m sorry I doubted you, a little tough love is all It took. All time highs in Genrilisimo’s account. A great day! All time highs are the time to sell. You were thinking about trimming down, don't let the high of the run up ruin your thinking. Share this post Link to post Share on other sites
Gepetto 1,382 Posted August 8 I just want to go on record that I have no debt. Paid cash for my $50k ride, and paid off house/mortgage and student loans years ago. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 8 42 minutes ago, Horseman said: All time highs are the time to sell. You were thinking about trimming down, don't let the high of the run up ruin your thinking. All shtick aside…this is excellent advice. Takes a lot of discipline to do. I have yet to trim anything significant since using majority of my safe money back in while market was tanking back in beginning of year. Share this post Link to post Share on other sites
WhiteWonder 2,797 Posted August 8 I've doubled my net worth (from $50 to $100) since mid April Share this post Link to post Share on other sites
Horseman 2,555 Posted August 8 17 minutes ago, thegeneral said: All shtick aside…this is excellent advice. Takes a lot of discipline to do. I have yet to trim anything significant since using majority of my safe money back in while market was tanking back in beginning of year. And keep doing it, slowly moving out individual stocks and into index funds as you get closer to retirement. Trust me. I made a fortune by taking a huge risk on AMZN and GOOG 12 years ago. I would NOT take that risk today. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 8 5 minutes ago, Horseman said: And keep doing it, slowly moving out individual stocks and into index funds as you get closer to retirement. Trust me. I made a fortune by taking a huge risk on AMZN and GOOG 12 years ago. I would NOT take that risk today. I have a bit of a modified version of this going on I guess. A large chunk of my money is in Index Funds. The monthly contributions go into those. My self directed accounts tho I dump out of many individual stocks after even small gains. Trading has slowed down a ton past few years but still dabble with smaller amounts. Have gotten down to owning maybe 20 or so companies and most are old school dividend stocks. Coke, Visa, JJ, PG, WMT etc. I don’t really even watch those and just reinvest dividends. The part that is probably unwise is I have kept large stakes in the tech companies that I just can’t see losing in the near future outside of global calamity. AAPL, MSFT, GOOG, and to a lesser extent NFLX and well not so small anymore NVDA. NVDA for instance I sold half when it doubled up…has since got up another 8X. Now I didn’t of course see them like I do now and was (and am) fine with selling would have been nice to keep it. Similar thing happened with AAPL years ago which was one of the first individual stocks I ever traded. I sold a bunch and that one I had no business selling. Can’t complain about taking profits…but it was dumb. I will at some point cut these way back but I’m still going to work for at least a few more years and am generally bullish. Share this post Link to post Share on other sites
Horseman 2,555 Posted August 8 4 minutes ago, thegeneral said: I have a bit of a modified version of this going on I guess. A large chunk of my money is in Index Funds. The monthly contributions go into those. My self directed accounts tho I dump out of many individual stocks after even small gains. Trading has slowed down a ton past few years but still dabble with smaller amounts. Have gotten down to owning maybe 20 or so companies and most are old school dividend stocks. Coke, Visa, JJ, PG, WMT etc. I don’t really even watch those and just reinvest dividends. The part that is probably unwise is I have kept large stakes in the tech companies that I just can’t see losing in the near future outside of global calamity. AAPL, MSFT, GOOG, and to a lesser extent NFLX and well not so small anymore NVDA. NVDA for instance I sold half when it doubled up…has since got up another 8X. Now I didn’t of course see them like I do now and was (and am) fine with selling would have been nice to keep it. Similar thing happened with AAPL years ago which was one of the first individual stocks I ever traded. I sold a bunch and that one I had no business selling. Can’t complain about taking profits…but it was dumb. I will at some point cut these way back but I’m still going to work for at least a few more years and am generally bullish. You said your index funds are different than your self directed? I'd check the expenses on those. You might save some money by moving them to them to self directed and do it yourself. Share this post Link to post Share on other sites
thegeneral 3,298 Posted August 8 5 minutes ago, Horseman said: You said your index funds are different than your self directed? I'd check the expenses on those. You might save some money by moving them to them to self directed and do it yourself. Yeah I can move in between the two. You know I have never looked at this, probably worth doing. Share this post Link to post Share on other sites