Home Forums Hunting & Shooting Hunter's Campfire The Biden Markets

It's complicated though. Kinda like mutually assured financial destruction. China needs our consumers. Our commie politicians need their financing to screw over the next 5 generations with debt to pay for instant gratification government crack and power.

Spanky,

No such thing as free... never has been, never will be. Everything comes at a cost... "closed system", ie. heat vs work, randomness vs increased organization. Not a matter of if, but when!!!

You, being mortal may not see it, but your descendants will!!! Money falling from the skies is really a cataclysmic storm front off in the distance viewed with the myopia of narcissism.

But until then,,,,,

I remember the 1987 stock market crash. I never sold anything, and stocks were back to normal in a year. It was as if it never happened to me.

I think I can just hold AMZN, GOOG, APPN, and NFLX for two years until the next election..... despite the beating I have taken since Nov 3.

I said, "Tax free" meaning the income represented by the PPP money is not taxed. If profitable the corporation still pays tax at yearend.

It would not sit well with shareholders if directors did not take advantage of Government programs that benefit the corporation.

I assume you take advantage of 401k accounts? And will cash your SS checks?

alot of people dont get that......bob

alot of people dont get that......bob


thats not the scary answer......bob

....to say nothing of our unfunded liability

It’s just paper and there’s plenty more where that came from.

The M1 will go up until there is signs of inflation. Basic treasury function. We are in a time of deflation. The education system sort of skipped that chapter in Econ class.

Most municipalities were WAY down on tax receipts last year. With the new year, bills are coming due. Biden better build more money printing presses.

He already has.

1.9 trillion Stimulus pkg.

Over the last year, that is me in Red and that is the S&P500 in blue.

My biggest holding is AMZN and they sold a lot of stuff during the shutdown.

You are doing good to beat the S&P. Risk?

Most of my stock market assets are in S&P and Total Market index funds and I've been happy.

The Amazon play was brilliant, wish I had thought of it. But, once the ChiCom virus is tamed it might be time to take profits as people start going back to stores.

Amazon has been good for our business, our sales to them have been up quite a bit during the pandemic.

My little boy watched Bezos on Fox News Cavuto in 2001 and told me to buy AMZN. I only bought $2k worth at $10/ share. Now it is over $3,000/share.

People have come to expect to do all their shopping from the couch. Its not going to change now. Once they get everyone acclimated, they will start by charging a small convenience fee. Once it starts its never going backwards.

Billions have been spend this last year on recreation. RV's, boats, shooting (not just hoarding), all kinds of outdoor gear. Store shelves are empty everywhere because of record sales, not just reduced supply from China. Somebody has extra money to buy all that stuff.

now that i am retired, i g uess i can talk about it. 4 0 years in the finance world, registered stock broker since 1981
in all those years i met a lot of people that would tell me of their financial brillance.
dang few would admit to their blowups.
its always been that way.
with so many success stories always wondered why everyone wasnt retired to their own island somewhere.

i had a guy come in my office the monday following the start of it on friday. he borrowed about 50k on margin, and bought a bunch of stocks.
it was so screwed up couldnt tell what he paid for them till a week later. within a year he had doubled his money
he was no financial analyst, he used to own a bar.
but he knew human nature