Stock Market
- Thread starter hexumhawk
- Start date
Then in this instance, it appears the +3 jobs shouldn't be used as some badge of honor or to make a point.
Income is income,how I've used that income is my choice. I could have taken thr 6k cash for the dog.
Agreed. What point are you trying to make by saying you get in a 9-5 +3 jobs? That seemed to be an important point to you.
If you enjoy yourself and body/mind can handle the work load. Not seeing an issue here.
I'm 39, it isn't just the old and bored who took on new jobs during covid. My focus was to "attack the hills" and try to accelerate while I knew others were struggling, others had to pick up that 2nd job.
For me, I can understand the wanting to get out, but the problem is knowing when to get back in or having the courage to get back in, and then missing out on dividends and such while you're sitting on cash. I guess that is the benefit of having a 10-year or so outlook.
Trying to time things and balance the tax consequences. Frankly is too much avoidable stress. More power to you. If you’re a gambling man.
Mowing gets tiresome but I've always had the light at the end of the tunnel.
The other two are easy.
elephant in the middle of the room here, being real, I've got a 2 year old at home, having a couple of hours a week that I know I get to zone out and think about what I want while mowing a giant grass patch can be really nice. * and im aware of that so I try to give my wife some time for herself during the weekends also.
I feel like I may regret saying this by the end of the day but as of right now, I am actually fairly impressed with the resiliency of the market today. Especially after some of the stuff I read over the weekend. Unfortunately, it is still very early in the trading day.
I wish my body would let me take on other work. At some point you’ll have that moment. Might as well enjoy your health and provide more cool things for your daughter.
I’ve said it numerous times. It’s not the pulling out (hehe) of the market that is hard, it’s when to get back in. I’ve seen it numerous times.
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Not trying to sound cheesy, and clearly we have never met, but as a guy who is watching the man who raised him deal with recovering mobility and really struggle with not being able to do the things he used to......
You have a value, never forget that, there is a hell of a lot more to getting things done than just swinging the hammer.
I should probably hire out chores around the house. Fractured my foot and severely sprained my ankle early this summer. Still mowed with the boot on.
Kids are going to require more time soon. Best get the extra income while time is available.
Who brought up Covid?
Irrelevant.
You specifically mentioned the Biden administration and suddenly want to talk about 2020?
Not everyone working part time needs the income.
Seriously, I'm not trying to be a Richard here.
You’re referring to “I missed that run up but I’ll just hold and get back in when it comes back down!”?
Precisely. And then, when it actually comes down, like today it becomes “I’m not buying into this mess.” Lol.
10 years later…
We have an economic system based on pretend money. Failure is inevitable.
Since 1913, the bureaucrats at the Fed have helped cause
However, we are told the Fed was created to help smooth out the business cycle and create a more stable and prosperous economy.
mises.org
Since 1913, the bureaucrats at the Fed have helped cause
- over 20 percent price inflation by printing money for World War I
- the depression in the early 1920s, with over 15 percent price deflation
- the Great Depression of the 1930s, with 25 percent unemployment and over a 10 percent collapse in the gross domestic product (GDP) of the United States
- the “stagflation” of the 1970s, with double-digit inflation and interest rates
- the housing bubble in the first decade of the twenty-first century
- the Great Recession of 2008–9
- a 40 percent increase in the money supply in response to covid
- aggressive interest rate hikes over the past year, which will likely cause the twenty-first recession since the Fed was founded
However, we are told the Fed was created to help smooth out the business cycle and create a more stable and prosperous economy.
The Fed: Harming the Economy for over a Century | Mises Institute
While we criticize the Fed for its monetary predations over the past few years, we really should look at the harm the Fed has caused for more than a century.
How is Biden at fault for any of these international issues?
If nothing else, this shows how much better off WE are in comparison to the rest of the world.
So then you’re making a choice to support your lifestyle and not to keep your lights on and food in the frig.
Retirees are more often working part time - about a third according to statistics.
I went through this after I got bored and then when my mandatory 401 RMD kicked in I had to quit or I would have exceeded the income amount I could make without making my Medicare premium go up by a lot.
A lot of seniors HAVE to work but employers like them because they don’t need to offer medical benefits or include them in 401 contributions plus they are reliable workers.
I did this one time. It was the Covid crash. Saw it coming and put a ton into money markets about week before the meltdown. Was thinking I was a big genius bragging to people here and family about it. Then watched it rebound super fast and waited way to long to get back in, begrudgingly. Made a bit of money but could have made so so so much more if I got back in sooner. It’s fools gold.
Now I am just happy the $600 bucks that came out of my biweekly check for 401k is buying some cheaper mutual funds today.
That is “why” the surest way to regain control of an unruly economy is to raise or lower its interest rates. It’s tried and true….I bet it works damn near every time. This day has been on the horizon for a long time. Remember, you have nothing to fear but fear itself…and “nay-sayers”…
Not even down 2 percent and still climbing back at 1.88% down by noon. I thought we were supposed to piss our pants?
And likely millions shit their pants and sold a lot of equities and now will face a huge tax hit.
Imagine somebody that has been buying Apple for over a decade and got scared and sold it all today. They are going to get fricking killed come tax season.
When I turned on the TV at 7AM futures were down almost 1200 points which didn’t surprise me since I knew Japan was topsy turvy. Turned back a good bit (790) but it’s still the 3rd highest spike in history.
I have a good bit of stuff in dividend/income that I have on reinvestment so I just hope I’m getting more stock at a reduced price.
Fed needs to pop down at least a quarter point sooner rather than later.
I have a good bit of stuff in dividend/income that I have on reinvestment so I just hope I’m getting more stock at a reduced price.
Fed needs to pop down at least a quarter point sooner rather than later.
It was a heck of a buying opportunity at the open and horse shoes and hand grenades would have made a good chunk of money. With my calls though my account is flat from Friday. That is a nice place to be in right now.
Shut your whore mouth.
The Japanese Stock market is in disarray, Algeria had a woman who looks like she could have been a guy boxing another woman in the Olympics in Paris, and Iran is getting ready to do something stupid because Israel assassinated a couple of their BFFs and all of this, all of it, is due to Harris and Biden.
I saw where there was an internet “made-up” immigration crime that was supposed to have occurred in a small English village that had the locals up in arms. Bizarre fake news from the right…you know…the Party of Fear.
