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the market: stocks, bonds, options, whatever

ions said:
You’ll get scammed this late in the game. Unless you buy a meat grinder. And buy cuts of meat for that purpose. It just seems like those items you listed are at a bottom in price and quality too. Like worm burgers or sand lots. I’d say now just hope you did enough prepping. Get a case or two of bottled water. And blast off.
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Good seeds are also more valuable than their current monetary value is right now imo
 
Nice. I bought 20lbs of "Prairie Gold 86" wheat kernals yesterday. Seeds seem like a pretty good way to get 1000%+ returns if you have the room to grow food
 
Bed Bath & Beyond $BBBY CEO committed suicide by jumping from his high rise Manhattan apartment building in front of his wife
 
2 things. Console the widow. Take over bed bath and beyond.
 
Electrum1 said:
Bed Bath & Beyond $BBBY CEO committed suicide by jumping from his high rise Manhattan apartment building in front of his wife
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It’s sad news and I expect the stock to take a nosedive.

It’s possible the bottom of the S&P500 was reached in June and this coming week might be the start of another upswing.

The alternative is a lower bottom around 3,500 which could happen this month or next. Anyway, I would be comfortable DCA into $SPY from here.

However, Apple and Microsoft could fall a lot lower and I predict the next few years will not be that good for the technology sector.

Banks and “eventually” fintech are due for a run imo.

**Not finance advice. I enjoy making these predictions and then revisiting them so I can see how off they were**

Good luck
 
Electrum1 said:
Bed Bath & Beyond $BBBY CEO committed suicide by jumping from his high rise Manhattan apartment building in front of his wife
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He went to the Beyond dept *












* Ok so I read this elsewhere but damn if I didn't nearly join him there from laughing so hard. People also thought this meant he had a sense of moral responsibility. So... funny and respected, not a bad way to be remembered. RIP
 
Electrum1 said:
Bed Bath & Beyond $BBBY CEO committed suicide by jumping from his high rise Manhattan apartment building in front of his wife
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Weird, it's not like he would have been getting in that much trouble from what I can gather of the situation. But I guess a lot of folks that high up are under a lot of stress. Or maybe there's more to it than has come out.
 
Maybe it found a bottom?

silver.gif
 
Electrum1 said:
You own any shares of Cameco?
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Funny you should ask, I just got my mid-year report from the bank...

*checks booklet*

Yep, they're in there... a little tiny slice. But that's just in my Canadian equity index fund! I haven't held any individual stocks in a while. The Twitter merger arb trade is the only "gambling" I've done since I (luckily) stopped trading options regularly not far from the top last year, and frankly it's been a good discouragement from doing it again, at least for a little while. 😛
 
S.J.B. said:
House prices in Canada down almost 20% from the peak in February. I'll be more than happy to see this trend continue...
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97% fall in house prices would be ideal, so I could swan in and snap up the housing stock like it's 1991 again.

Realistically, I don't think they'll slump as too many people's fortunes are tied into the value of their property and govs will likely continue to bend over backwards to protect them from massive interest rate hikes.
 
75 bp hike is still pussyfooting when they should be charging like a bull into the fray.

ironically those who are most hurt by rapid rate hikes are also most at risk of getting deeper into debt hole if inflation isn't brought to heel faster.
 
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thujone said:
75 bp hike is still pussyfooting when they should be charging like a bull into the fray.

ironically those who are most hurt by rapid rate hikes are also most at risk of getting deeper into debt hole if inflation isn't brought to heel faster.
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Interest rates are still 1.75% in the UK! LOL! I'd take Canada's financial management over the mess they're making in hyperinflationary Brexit Britain any day :geek:
 
The situation indeed looks bleak in UK today with energy crisis and now also the passing of QE2. As a citizen of the Commonwealth, her passing doesn't just mark the end of an era but also the start of uncertain times.

ECB has followed suite with a 75 bp hike, thus ending the ZIRP experiment.

I hope we'll see a light at the end of the tunnel by the end of this year, we can't handle much more doom n gloom
 
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