Helpful ReplyHot!Give me all your moneys

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psu_fish
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Re: Give me all your moneys 2021/03/29 08:48:28 (permalink)
MyWar
Bunch of armchair economists up in here.

Looks like conservative scare mongering about inflation has replaced conservative scare mongering about “the deficit”.

 
LOL. I value your opinions less than the mid 2000s Zimbabwean Dollar
 
DeadGator401
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Re: Give me all your moneys 2021/03/29 12:12:50 (permalink)
BloodyHand
MyWar
Bunch of armchair economists up in here.

Looks like conservative scare mongering about inflation has replaced conservative scare mongering about “the deficit”.

Hate to be the bearer of bad new, but inflation is an actual real thing. Do I need to post a bunch of links to show this to be a fact............lol.
#gettaclu
 
BH


Probably the 5th or 6th comment I've seen around here in the past month or so talking about posting sources for claims. (Albeit it in a negative manner)  
I'm thrilled that independent thinking has entered peoples minds and random claims aren't just instantly accepted anymore. Even as a joke, you're thinking it - which is a great thing.
DarDys
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Re: Give me all your moneys 2021/03/29 12:50:41 (permalink)
It doesn’t take links, just getting a passing grade in Econ 101, to know that if taxes on businesses are raised, prices will go up, and inflation will occur.

While businesses pay the taxes per se, they include it in their COGS (cost of goods sold), so, in essence, they really only serve as the conduit for passing the taxes on to the ultimate consumer. With the proposed tax hike from 21% to 28%, that means a minimum of a 7% increase. The reason this is only a minimum is that many businesses use a COGS + percentage formula to price their goods or services. What results is that base 7% X whatever percentage markup. For some businesses, this is extremely low, like grocery stores (not including meat and produce) that may be in the 2% — 5% range; mid range, like non-clothing retail that may be in the 25% — 33% range; or high end percentages, like from manufacturers, that may be 50% or more. This percentage markup is also made on the increased taxes, thereby further increasing prices.

Without wages keeping pace with the prices, inflation happens and buying power decreases. If wages increase to compensate, and it is not consistent across all businesses, inflation gets worse because some sectors now have another increase in COGS.

The poster formally known as Duncsdad

Everything I say can be fully substantiated by my own opinion.
DeadGator401
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Re: Give me all your moneys 2021/04/16 13:16:58 (permalink)
Heh, Dogecoin is insane. I don't have many, but man is it fun to see go up and down.
Elon is tweeting about it again. It's crazy. a good buddy offloaded around 10k coins on a sale once it hit .8. He's lost his mind when it his .38 this morning. 



Porktown
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Re: Give me all your moneys 2021/04/16 16:36:04 (permalink)
Speculation trading is how you end up with a heart attack before 50...  
eyesandgillz
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Re: Give me all your moneys 2021/04/17 10:23:47 (permalink) ☄ Helpfulby crappiefisher 2021/04/17 11:25:02
Porktown
Speculation trading is how you end up with a heart attack before 50...  




Just like loaning $ to "friends and family," only do it if you are ok with losing it all. ...
eyesandgillz
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Re: Give me all your moneys 2021/05/02 11:47:11 (permalink) ☄ Helpfulby psu_fish 2021/05/12 09:42:47
psu_fish
MyWar
Bunch of armchair economists up in here.

Looks like conservative scare mongering about inflation has replaced conservative scare mongering about “the deficit”.

 
LOL. I value your opinions less than the mid 2000s Zimbabwean Dollar
 




I wonder if mywar will believe it now?
 
https://www.yahoo.com/finance/news/warren-buffett-we-are-seeing-substantial-inflation-and-are-raising-prices-220539307.html
 
I'm guessing no and will keep on being a socialist schill.
Porktown
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Re: Give me all your moneys 2021/05/04 11:42:13 (permalink)
I thought the tech growth stocks were taking one in the rear last week.  VIX is up 18%...  Day traders are likely reconsidering their hobby.
psu_fish
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Re: Give me all your moneys 2021/05/12 09:10:50 (permalink)
Hey libnut (myWar).....
 
Inflation surges in April as consumer prices leap 4.2%, fastest since 2008 
Consumer price index April 2021: (cnbc.com)
DeadGator401
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Re: Give me all your moneys 2021/05/12 11:53:02 (permalink)
psu_fish
Hey libnut (myWar).....
 
Inflation surges in April as consumer prices leap 4.2%, fastest since 2008
 
Consumer price index April 2021: (cnbc.com)



Now now, you of all people shouldn't be calling people names. 
Porktown
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Re: Give me all your moneys 2021/05/12 14:11:42 (permalink)
Stonks have been taking it in the pooper too.  Hopefully this is the correction that we need to have healthy long term.
 
I don't have any bonds (directly).  I have some funds that have bonds.  I am wondering if it is a good time to get into them?  Interest rates are going up if inflation gets out of hand.  Not sure when it is considered out of hand though?  They had predicted temporary inflation was unavoidable after the pandemic.  Companies obviously cut production, so simple demand being higher than supply always raises prices.  Hopefully they don't stay high when supply catches up.  This gas pipeline hack is going to take its toll too.
 
JM2
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Re: Give me all your moneys 2021/05/12 14:51:46 (permalink)
With the threat of inflation, and rising interest rates. Why would you think bonds would be a good investment choice. You obviously do not understand how bonds work. As the interest rate go up the price of the bond falls, or inversely, as the bond price falls the interest rate on the bond goes up. 
 
Wouldn't it be better to buy bonds when the interest rate on bonds are high, and the price of the bond is low? 
Porktown
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Re: Give me all your moneys 2021/05/12 21:35:13 (permalink)
JM2
With the threat of inflation, and rising interest rates. Why would you think bonds would be a good investment choice. You obviously do not understand how bonds work. As the interest rate go up the price of the bond falls, or inversely, as the bond price falls the interest rate on the bond goes up. 
 
Wouldn't it be better to buy bonds when the interest rate on bonds are high, and the price of the bond is low? 


First off, you are correct, I don't understand bonds.  Going off of what I have put together with growth stocks tanking from the 10 year treasury rate moving higher.
 
I probably should have said "time to prepare to get into bonds", I have no intentions to run out and buy any right now.
 
If there seems to be rising interest rates on the horizon, it is probably a good idea to shift investments from growth stocks that rely on low interest rates to bonds.  I am pretty sure that correct thinking?
 
JM2
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Re: Give me all your moneys 2021/05/12 23:02:31 (permalink)
Well if you fully understand what you are investing in, and it still seems like a great idea to you, then knock yourself out. I don’t think I would do it that way, but like any market, for every buyer there’s a seller.
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