MickZagger
Well-Known Member
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He’s like a prophet
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Wallstreet is not mainstreet.
Going to be hard for a while as de-globilization unfolds and we take on more mfg & distribution.Many factors control the stock market. It is believed by many, the #1 factor is interest rates.
The higher the interest rates, the greater the expense to operate a company, lowering profits.
Interest rates are the highest they have been in decades. So why are profits higher?
Inflation. The highest inflation rate in 40 years as allowed companies to raise prices higher than the inflation rate. Generating higher profits.
I have no idea how or when this cycle ends. But, it maybe a hard landing.
PS, having trouble typing, forgive any errors.
If your 401k is shitting the bed you’re doing something terribly wrong. 2024 has been the 6th best year in the history of the stock market as far as record high days, thus far.
Unless you double downed on ‘My Pillow’ stock or something?
I might make close to $5k today if this holds
Yes, Wall Street. A true indicator of how regular people are doing. I’m sure all the single mothers out there paying 300% more for groceries and double their rent from two years ago are spiking the football right now because you might make 5k today on obscure speculations and insider market manipulation.
Wallstreet is not mainstreet.
Hey, don't be knockin' Kirkland Hawaiian shirts. This boomer is rockin' several of those in his closet. And Mick can hang with this Boomer as long as his rich (and getting richer) ass is buying the beer. And give me a CC&R cover band any day....Yes, Wall Street. A true indicator of how regular people are doing. I’m sure all the single mothers out there paying 300% more for groceries and double their rent from two years ago are spiking the football right now because you might make 5k today on obscure speculations and insider market manipulation.
You should retire this afternoon and go kick it with the boomers. I heard there’s a Van Halen cover band playing at Hard Rock Cafe. Kirkland Signature hawaiian shirts on sale.
Republican policy has always been about main st. Like trickle down. Reagan and his 18% interest rates…. The air traffic controller strike…
gtfo
Some people with 401k's don't know how to set up the investment mix. They just check a box and let it roll. However - even if they chose a really lousy mix - if there is an employer match the fund should increase by at least that amount. If anyone is losing money on a 401k during the last several years they need to contact an investment advisor quick!If your 401k is shitting the bed you’re doing something terribly wrong. 2024 has been the 6th best year in the history of the stock market as far as record high days, thus far.
Unless you double downed on ‘My Pillow’ stock or something?
I might make close to $5k today if this holds
As part of the merger 186 stores in Oregon and Washington would have to be sold.The Kroger monopoly needs to be talked about more
https://fortune.com/2024/02/26/ftc-...upermarket-chains-grocery-prices-lower-wages/
for the folks worried about inflation. It’s corporate greed. These rich turds need to be held accountable not get tax breaks
As part of the merger 186 stores in Oregon and Washington would have to be sold.
https://www.koin.com/news/business/...g-186-oregon-washington-stores-list-07092024/
Including Albertsons and Safeway in Oregon City. And Safeway in Canby.As part of the merger 186 stores in Oregon and Washington would have to be sold.
https://www.koin.com/news/business/...g-186-oregon-washington-stores-list-07092024/
One of the Alberton's that failed turned into 99 Ranch Market though. That place is great.Something very similar happened when Albertsons and Safeway merged a few years back. The stores that were sold off quickly failed and were closed. This is what is going to happen again. We will be left with fewer stores and much higher prices.
Or, hear me out, get your broker to invest you in some of that hot Kroger action.
Something very similar happened when Albertsons and Safeway merged a few years back. The stores that were sold off quickly failed and were closed. This is what is going to happen again. We will be left with fewer stores and much higher prices.
Yeah - I see this merger as a lose - lose for consumers. Hopefully it gets blocked.Something very similar happened when Albertsons and Safeway merged a few years back. The stores that were sold off quickly failed and were closed. This is what is going to happen again. We will be left with fewer stores and much higher prices.
I gained $15K in a month. Net gain because I am drawing from it. Actual gain more than thatOh baby! The retirement account is red hot & rolling
I gained $15K in a month. Net gain because I am drawing from it. Actual gain more than that
Like my grandpa always said - you've got to make hay while the sun is shining!Oh baby! The retirement account is red hot & rolling
It went down down down into the burning ring of fire.So how's everyone's 401k today?
So how's everyone's 401k today?