agip wrote:
gente great stuff.
maybe give us a thumbnail description of what you found and what you think it means?
You can also check out this from Ed Yardeni.
http://blog.yardeni.com/2020/11/income-wealth-in-america-who-owns.htmlagip wrote:
gente great stuff.
maybe give us a thumbnail description of what you found and what you think it means?
You can also check out this from Ed Yardeni.
http://blog.yardeni.com/2020/11/income-wealth-in-america-who-owns.htmlGhost of Igloi wrote:
Stew wrote:
Of course you could afford it. You should be able to afford anything equal to the net value of your home. Of course, I am assuming you do not have a mortgage, or much of one.
I could not afford it based on my risk tolerance. I had a friend move to the Bay Area, and undertook a huge mortgage. He feels with five years to retirement, he can sell it down the road and be ahead of renting. I suppose if the next five years were like the last he will be ahead. Nothing I would bet on, however.
What risk? Presumably you have equity in your house.
Stew wrote:
Ghost of Igloi wrote:
I could not afford it based on my risk tolerance. I had a friend move to the Bay Area, and undertook a huge mortgage. He feels with five years to retirement, he can sell it down the road and be ahead of renting. I suppose if the next five years were like the last he will be ahead. Nothing I would bet on, however.
What risk? Presumably you have equity in your house.
Millions of home owners had equity in 2007 that was erased by 2009.
Racket wrote:
agip wrote:
The Tesla brand is worth trillions or at least hundreds of billions of dollars. People know it, trust it and are fanatical about it. That alone will ensure the survival of the company in some form. Maybe not independent, but as a brand, it is set for a generation or two.
People are just as fanatatical about GM, VW (or Audi), BMW, or Ford.
Really, it lines up best with Porsche. Cheap fanatics looking to buy into a name yuppie name brand to impress their friends. Is Porsche worth 350 billion? No, it isn't
From Consumer Reports via Russia ??:
https://www.zerohedge.com/s3/files/inline-images/CR.png?itok=Kz6yOF2D23% btc and equities... 77% cash.
What should I go in at this point? Made some solid gainz on classic industries like boeing and ua.
Swaglord_the_real_one_1_1 wrote:
23% btc and equities... 77% cash.
What should I go in at this point? Made some solid gainz on classic industries like boeing and ua.
Review the posts here by “Ghost of Igloi”, then do the opposite. Nine times out of ten you will make money.
la gente esta muy loca wrote:
agip wrote:
gente great stuff.
maybe give us a thumbnail description of what you found and what you think it means?
You can also check out this from Ed Yardeni.
http://blog.yardeni.com/2020/11/income-wealth-in-america-who-owns.html
Very interesting.
Breaks down what part of the demographic owns how much of the publically traded stocks.
Their summary: "Since the early 1960s, the household sector (including nonprofit organizations) has directly and indirectly held 65% of equities in America. Of the equities held by households (excluding nonprofit organizations), the “1%” hold around 50% of this asset class. Older people with college educations tend to own more equities than younger ones with less education."
It also points out that the myth that the top 1% of the wealthiest households own 80% of the equities is false. They own 50%. The group ranging from 90% to 99% of wealthiest households has held fairly constant over the last few decades at about 36% of the market.
[quote]seattle prattle wrote:
It also points out that the myth that the top 1% of the wealthiest households own 80% of the equities is false. They own 50%.
Only 50%? 1% of Americans own half of all equities and you see this as not a problem?
Great day for my Chinese car cos.
Xpeng up 14%; NIO 7.5%.
Tsla flat.
Bitcoin started great, ended up 2.3%.
Contrarian Indicator alert wrote:
Swaglord_the_real_one_1_1 wrote:
23% btc and equities... 77% cash.
What should I go in at this point? Made some solid gainz on classic industries like boeing and ua.
Review the posts here by “Ghost of Igloi”, then do the opposite. Nine times out of ten you will make money.
You sure F-upped on XLE and HSGFX.
??????
Ghost of Igloi wrote:
Contrarian Indicator alert wrote:
Review the posts here by “Ghost of Igloi”, then do the opposite. Nine times out of ten you will make money.
You sure F-upped on XLE and HSGFX.
??????
No, I didn’t.
Well, here we go. Posted this a week ago and guess what - Trump is desperately giving it a try. Sad.
The Oligarchs stole this outright
Earnings Scorecard: For Q3 2020 (with 95% of the companies in the S&P 500 reporting actual results), 84% of S&P 500 companies have reported a positive EPS surprise and 78% have reported a positive revenue surprise. If 84% is the final percentage, it will tie the mark for the highest percentage of S&P 500 companies reporting a positive EPS surprise.
The Unkle wrote:
seattle prattle wrote:
Well, here we go. Posted this a week ago and guess what - Trump is desperately giving it a try. Sad.
The Oligarchs stole this outright
Joe is perhaps even dirtier than Trump. Anyway, the divisions in this country will continue regardless of who is in the White House.
https://www.finance.senate.gov/imo/media/doc/2020-11-18%20HSGAC%20-%20Finance%20Joint%20Report%20Supplemental.pdfLOL
LOL is your dozen handles and years of demented posts.
?????j
Why are you even responding to me? Stay in your lane.
^You’re in the crazy person lane. I’m headed the other direction.
I’m not the one defending K5.