hark @ hark @lemmy.world

Posts

0

Comments

2,260

Joined

2 yr. ago

Frosted mini wheats are mini wheats with makeup on.

You're right, thanks for the correction. I think most of her constituents disagree with her anyway, but it's just a hunch on my part.

On Monday he said there wouldn’t be a pause. He’s always lying. Which means an investor can’t trust him.

There are certain investors that can trust him, that being his buddies. They were probably told there would be a pause and it got out early, so he denied it to keep the dump going so they could continue buying before when they planned the pump.

Pressed on the fact that most of her caucus didn’t agree this was one of those moments, Shaheen was frank.

“I disagree with them,” she said. “I think they weren’t thinking about what the seriousness of the alternative was, to have a government shutdown. And then there was no guarantee that we could ever open the government up.”

Then you don't represent them and shouldn't employed as their representative.

I don't know how you got that impression but perhaps you're just interpreting my comments through green-tinted permabull lenses.

For something like a 401k, changing your allocations has no tax events. For the rest, most of your holdings will be long term and will qualify for a mere 15% or lower tax rate: https://www.bankrate.com/investing/long-term-capital-gains-tax/#what-is-the-long-term-capital-gains-tax-rate

I'm not arguing the market never comes back up, but there have been prolonged periods of time where markets do not recover to previous highs. After the great depression, the US stock market took about 30 years to recover to its previous high and continue growing (https://www.macrotrends.net/2324/sp-500-historical-chart-data). Similarly, it took Japan's stock market 30 years to recover to its previous high (https://www.macrotrends.net/2593/nikkei-225-index-historical-chart-data) and it's already on its way down.

The stock market does not represent economic reality. There are too many tricks with leverage in many forms, including derivatives, which distort the true value. Too much importance is placed on this glorified casino and for the past few decades, the go-to solution has been to pump money into the system at any sign of trouble. It's not sustainable to keep feeding this beast for the sake of the ultrawealthy who own the vast majority of it.

A stock market crash does not necessarily mean a run on the banks. There was a run on the banks after the stock market crash of 1929 because banks were over-leveraged with loans used to pump the stock market. That same mistake is being made now, but the difference this time is the government guaranteeing deposits. There are other issues where the government may not be able to fulfill those guarantees, but at that point, is this fragile system worth keeping up? We can't keep it up forever.

It's not FUD to point out that infinite growth is not sustainable. On the flipside, the permanent optimism of claiming the line will always go up in the end and not taking into account the amount of time it can take for that to happen is irrational. The key as always is to diversify, but the makeup of that diversification can vary greatly and the stability of the stock market is not guaranteed.

Grains work well for me, but yeah, fats, as long as it's not too much, generally work out better for me than raw fruits and veggies on an empty stomach.

I wouldn't want to rely on antacids since taking those regularly can cause problems. I generally eat something like bread or nuts and then I'm all set to take on fruits. Some fruits are better than others, since I can eat bananas on an empty stomach just fine. Either way it's nothing major, usually mild discomfort if I eat apples on an empty stomach but maybe I'm eating too many or they're too sour or something.

israel should be changed to not exist anymore.

I tried playing it but it's so incoherent (walls becoming paths, dead enemies randomly coming back to life, health pickups that do nothing, etc) that I'm not even sure this counts as a game. Typically a game has rules so that you can set how you play according to those rules. This is just poorly-generated trash, which I guess fits in with the rest of the hot garbage AI we've currently got.

That looks good, but fruit on an empty stomach doesn't generally work well with me.

I've definitely seen the endless liquidity and leverage pumped into the system, I just don't think it's sustainable.

Negative wealth? Finally, we can claim to have some form of wealth!

This is the perfect mantra for getting scammed. It'll always go back up, guaranteed! Just keep putting money in, you only lose if you take money out! Yes, it has worked so far, but past performance does not guarantee future results.

You mean like how democrats love to claim their hands are tied on any issue that benefits the common person? Pointing out that electoralism hasn't worked isn't defeatism, it's recognizing reality.

What a chilly reception.

Hardware vs software solution?

People at or near retirement age should have a 401k invested in more safe funds with a higher mix of bonds. Why would they have such a high proportion of stocks that a drop in the stock market would impact their spending habits?

Yeah, like a few days ago when sales numbers came out and the stock price jumped up because "we were expecting even worse numbers" ignoring that the stock is priced as if tesla is set for insane growth. Musk will just announce some more stupid vaporware to pump the stock back up if it gets too low for his liking, as he always does.