Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[scho63]

Originally Posted by Iconic

IMO over leveraged economy. Credit cards are being maxed out, savings accounts dwindled,

You couldn't be more wrong about this.

It's just the opposite.

[scho63]

The inflation part is the great unknown.

That would be a depresser on things.

[Iconic]

Originally Posted by scho63

You couldn't be more wrong about this.

It's just the opposite.

Stimuluses are gone, child tax credits are gone.

Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings.
https://fred.stlouisfed.org/series/PSAVERT

Credit card debt is surging higher.
https://www.cnbc.com/2021/12/27/holi...card-debt.html

Retail won't be able to buy these toppy dips forever.

[Rain Man]

Originally Posted by scho63

The inflation part is the great unknown.

That would be a depresser on things.

Inflation is my biggest concern. I don't see it slowing down as fast as we're hearing, because wages are going up and production and shipping costs are going up and people have more money to spend.

I've been reading that good stocks in an inflationary environment are companies that can easily siphon off increased dollar flows (e.g., banks and credit card companies) and low-cost consumer goods (e.g., Coke and Pepsi, fast food, etc.) What do you all think?

[Rain Man]

Originally Posted by Iconic

Stimuluses are gone, child tax credits are gone.

Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings.
https://fred.stlouisfed.org/series/PSAVERT

Credit card debt is surging higher.
https://www.cnbc.com/2021/12/27/holi...card-debt.html

Retail won't be able to buy these toppy dips forever.

That doesn't look bad to me. Savings rates have basically returned to normal, and credit card balances are moving back up after being paid down last year.

In the big picture that's not as good as the situation last year where people were saving and paying down debt, but it's just moving back to historic norms based on what I'm reading.

[eDave]

Nobody knows shit about ****.

[Rain Man]

Originally Posted by eDave

Nobody knows shit about ****.

Well, yeah. I mostly just guess.

[scho63]

Originally Posted by eDave

Nobody knows shit about ****.

I know all about shit.

[lewdog]

They’ve been predicting a crash and long bear market for 5 years now. Yawn.

[Hog's Gone Fishin]

Originally Posted by scho63

I know all about shit.

Yeah , well I raised Hogs for 30 years. I know more about shit than anyone.

[Peter Gibbons]

Originally Posted by Hog's Gone Fishin

Yeah , well I raised Hogs for 30 years. I know more about shit than anyone.

Is sort of a funny thing that while we’ve had a long discussion of Skyline chili in another thread this week, never once did it come up that it is one of the fastest ways I know to relive constipation. Seriosuly, you must drive home from the restaurant if you’re over the age of 25 if you know what is good for you. I guess this just further adds to the shit you know.

[scho63]

I'm liking Tilray here.

Good for a pop after all this tax selling.

Think it goes back to $10-12 in first months

[Buehler445]

Originally Posted by scho63

I'm liking Tilray here.

Good for a pop after all this tax selling.

Think it goes back to $10-12 in first months

That looks interesting. They need to show some income, and the additional stock issuance is not great, but surely the downside is about out.

[scho63]

Originally Posted by Buehler445

That looks interesting. They need to show some income, and the additional stock issuance is not great, but surely the downside is about out.

I'm buying 1000 shares and will buy 1000 more if it drops below 6

[ghak99]

Originally Posted by Rain Man

Inflation is my biggest concern. I don't see it slowing down as fast as we're hearing, because wages are going up and production and shipping costs are going up and people have more money to spend.

I've been reading that good stocks in an inflationary environment are companies that can easily siphon off increased dollar flows (e.g., banks and credit card companies) and low-cost consumer goods (e.g., Coke and Pepsi, fast food, etc.) What do you all think?

Here locally, rent has inflated significantly. Do a cheap remodel on a house and you can pull in a new tenant looking to improve their housing image and directly cut off most of the new income a lower level family is now pulling in. They're happy, the owner is happy, and the money is gone.