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(╯°□°)╯︵ ┻━┻ Investments ┬─┬ノ( º _ ºノ)

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Aug 23, 2022 at 10:38 AM
    kairo

    kairo [OP] >_>

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    There's too many got danged people on this planet! We just tipped 8 billion this month
     
  2. Aug 23, 2022 at 10:40 AM
    IDtrucks

    IDtrucks Unhinged and Fluid

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    96' X-Cab 4x4 TRD Off Road Clusterfuck
    JVC Deck, 10" sub mountd in rear seat cubby, 2 LED off road lights mounted in grille, amber raptor style grille lights, LED rock lights, square led bed light, custom made fuse block tray, 12 blade Blue Sea fuse block, 100a marine circuit breaker, black plasti dipped full grille, tinted tail lights + third, Uniden 520 with 4' firestik, Bilstein 5100s with 620lb Eibach coils, Diff drop, Chevy 63 leaf swap, TG creeper joints, 14" triangulated biletein 5125s, 8" extended steel braided brake line, TG Rock Sliders, CBI Moab 1.0 front bumper, custom fabbed bed rack, full TRD E-Locker axle swap and matching re-gear with custom stand alone wiring circuit, 29 spline pinion flange from an 06 wishbone runner, tubbed for 35x12.5" general grabbers on Ultra type 181 wheels, crush sleeve eliminator, Mini ARB compressor, front ARB locker, garage fab aluminum front skid plate, custom built high clearence rear bumper, removable mothafuckin doors
    dont worry, we're trending down, so the kabal that runs the world will need to figure out how to abolish the weekend and get all the working poors doing 80 hour weeks to make up for the declining population
     
  3. Aug 23, 2022 at 10:42 AM
    kairo

    kairo [OP] >_>

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    Weren't robots supposed to have us all living in a utopia by now? Wen robots?
     
    KingOfTheNorth and 98tacoma27 like this.
  4. Aug 23, 2022 at 10:49 AM
    KingOfTheNorth

    KingOfTheNorth Kum and Go King

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    Should have let the virus do its thing instead of how we handled it :notsure:
     
  5. Aug 23, 2022 at 10:52 AM
    IDtrucks

    IDtrucks Unhinged and Fluid

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    JVC Deck, 10" sub mountd in rear seat cubby, 2 LED off road lights mounted in grille, amber raptor style grille lights, LED rock lights, square led bed light, custom made fuse block tray, 12 blade Blue Sea fuse block, 100a marine circuit breaker, black plasti dipped full grille, tinted tail lights + third, Uniden 520 with 4' firestik, Bilstein 5100s with 620lb Eibach coils, Diff drop, Chevy 63 leaf swap, TG creeper joints, 14" triangulated biletein 5125s, 8" extended steel braided brake line, TG Rock Sliders, CBI Moab 1.0 front bumper, custom fabbed bed rack, full TRD E-Locker axle swap and matching re-gear with custom stand alone wiring circuit, 29 spline pinion flange from an 06 wishbone runner, tubbed for 35x12.5" general grabbers on Ultra type 181 wheels, crush sleeve eliminator, Mini ARB compressor, front ARB locker, garage fab aluminum front skid plate, custom built high clearence rear bumper, removable mothafuckin doors
    plot twist

    we're the robots
     
  6. Aug 23, 2022 at 10:56 AM
    IDtrucks

    IDtrucks Unhinged and Fluid

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    JVC Deck, 10" sub mountd in rear seat cubby, 2 LED off road lights mounted in grille, amber raptor style grille lights, LED rock lights, square led bed light, custom made fuse block tray, 12 blade Blue Sea fuse block, 100a marine circuit breaker, black plasti dipped full grille, tinted tail lights + third, Uniden 520 with 4' firestik, Bilstein 5100s with 620lb Eibach coils, Diff drop, Chevy 63 leaf swap, TG creeper joints, 14" triangulated biletein 5125s, 8" extended steel braided brake line, TG Rock Sliders, CBI Moab 1.0 front bumper, custom fabbed bed rack, full TRD E-Locker axle swap and matching re-gear with custom stand alone wiring circuit, 29 spline pinion flange from an 06 wishbone runner, tubbed for 35x12.5" general grabbers on Ultra type 181 wheels, crush sleeve eliminator, Mini ARB compressor, front ARB locker, garage fab aluminum front skid plate, custom built high clearence rear bumper, removable mothafuckin doors
    a 10x12 storage unit in jackson is about 150$ a month give or take, if i spend 2500 on the shed im building, it will theoretically pay for itself in a year and a half. seems like a better investment than the stock market right now lol.
     
    not_nick and KingOfTheNorth like this.
  7. Aug 23, 2022 at 10:56 AM
    KingOfTheNorth

    KingOfTheNorth Kum and Go King

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  8. Aug 23, 2022 at 11:22 AM
    not_nick

    not_nick Well-Known Member

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    keeping jersey dirty
    must be nice
    I do the: wake up - scream into my pillow - then get out of bed in the morning lol
     
  9. Aug 23, 2022 at 11:46 AM
    jandrews

    jandrews Hootin' and Hollerin'

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    Everybody in here talking bout impossible homeownership while ownership rates are in the same 5% band they've always been since forever:

    https://fred.stlouisfed.org/series/RHORUSQ156N#

    Real issue is young people with wildly unrealistic expectations for first home features and society suddenly realizing the bottom 40% of the socio-economic strata has a shit life from start to finish.
     
  10. Aug 23, 2022 at 11:56 AM
    kairo

    kairo [OP] >_>

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    upload_2022-8-23_11-50-21.jpg

    First off, I don't see in your chart whether that's individual home ownership or familial/partnered home ownership. I'm going to assume it's one person, one mortgage because that makes the most sense. Average number of people per household is 2.6. That includes apartments though, and I'd assume that SFH have more kids, so lets round up to 3. That leads to a big chunk of the "40%" not being homeowners but still housed in homes owned by others in their immediate family. I'm not statistically competent enough to draw any formal conclusions off of that, but the logic makes sense. We'd probably need to do a logarithmic thingy on the housing chart cause there's some outliers there, especially in the last decade and a half.

    We're collectively more educated, and apparently home ownership rates are relatively the same...

    Ergo, housing prices have outpaced wages (if you make the silly assumption that higher education should lead to increased earning potential)

    In 1960, 60% of individuals owned homes with only 8% of them being college grads. The trend for increased education leading to increased opportunity to own a home is not lining up.

    Edit: I can't find any data sets on age of first time home buyer over time.

    Edit again: This is as close as I could find. Relatively stable since at least 1981

    upload_2022-8-23_12-9-2.jpg
     
    Last edited: Aug 23, 2022
  11. Aug 23, 2022 at 12:12 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    What a great treatise on why college isn't worth what they charge.

    Watch from 1830 to 1930:
    https://youtu.be/6q3zy4NRzz4


    Short version:
    Our economy now values intelligence more than any other attribute. And since you're born into your IQ, you get what you get excluding extroardinary luck (Lottery win, marrying a Kennedy, ground floor Amazon shares on a whim, etc.)
     
    98tacoma27 and KingOfTheNorth like this.
  12. Aug 23, 2022 at 12:13 PM
    kairo

    kairo [OP] >_>

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    I'll take a look in a minute, but you don't have to dig any farther than into the student loan numbers to realize college is a money extraction scam.
     
  13. Aug 23, 2022 at 12:17 PM
    kairo

    kairo [OP] >_>

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    Yah, that all tracks. Surprise, if you're born more intelligent you're more likely to be successful.

    That doesn't mean 40% of Americans deserve to be born into and live a shit life when we have by far, more than enough money to ensure that everyone has a reasonable standard of living. It's the "fuck you, I got mine" rhetoric that I can't stand.
     
    not_nick and Fohu like this.
  14. Aug 23, 2022 at 12:21 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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    OME 885x/5100s/LR UCA/3 leaf AAL/275/70/17 Terra Trac X-Venture
    wasnt strong enough to do anything anyway. "mutated" way too fast for it to do meaningful damage to population
     
  15. Aug 23, 2022 at 12:22 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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    we're just the meat machines they need until they figure out how to get computer to reproduce
     
  16. Aug 23, 2022 at 12:22 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    'Deserve' was never in the conversation.

    You want equality under the law or equal outcomes?

    You can't have both.
     
    teamhypoxia likes this.
  17. Aug 23, 2022 at 12:24 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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    yea but people used to be able to pay off their homes withint 10 years on a single income. thats how my grand parents did it. and thehy lived in pretty normal sized houses....15-1600 sq.ft.
     
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  18. Aug 23, 2022 at 12:24 PM
    kairo

    kairo [OP] >_>

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    I want someone who has a high school degree to be able to get a job, raise a family, own a home (or reasonably priced apartment), own a vehicle, and be able to save for retirement.

    There's more than enough money in our GDP to ensure that reasonable standard of living for every person. You wanna achieve more because you're smarter? Then by all means, go and do so! Hell, even the "dummies" can probably work their way up the ladder if they've got reasonable access to career growth.

    My mom's dad worked as a foreman in a steel mill in Pittsburgh. Barely made it through high school. Had a modest house near the city, property, two cars, and sent two girls through nursing school.

    My great grandfather owned a single pump gas station and a one bay auto garage. Raised 4 kids, put 3 through college, and had a house on property. Never finished high school. Bailed out in the 6th grade.
     
    Last edited: Aug 23, 2022
  19. Aug 23, 2022 at 12:25 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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    idk man i havent tasted too many that make me want more. never tried the kona though. i dont even own a coffee pot lol
     
  20. Aug 23, 2022 at 12:26 PM
    kairo

    kairo [OP] >_>

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    That's what he's missing. And statistically he's correct, but in reality he's not. The statistics are overwhelmingly skewed by the white male middle class who has traditionally been very successful
     

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