Lost Sheep, Build Thread.

[Oswego]

same exact reason for 3 months no one in gubment has told anyone to help get their immune systems in order via healthy eating, vitamins, and working out during covid so they lessen their chances of getting it or having bad results if they do.

They don't want anyone to ever be self sufficient or reliant. Need job creators not job takers.

When I was a kid no one had a lawn service except for the rich. Now everyone on my block does except for me and I live in a crappy blue collar hood. Tell me how that's logical when we are making less statistically? it makes no sense unless you understand they have been indoctrinated to keep up with the Joneses and remain in debt their entire life.

a free man that's not under the thumb of anyone is considered to be dangerous. it's taken me 40 years and I'm almost there and the stress relief has been enormousness the more control I get over my own life.

Same reason employers like people with families and houses - they know they have you by the balls.

The 2-1/2 kids with a mortgage and white picket fence is propaganda to keep your head down and your body working w/o questioning authority IMHO

 

[Oswego]

OK so now the positive from the construction industry - jobs are way up

Recent Data Supports Positive Industry Outlook | USGlass Magazine & USGNN Headline News

We will have issues in our state since our #1 employer is the government. Talk about a pyramid scheme...how does governance take more people to do it than the citizens it governs?

 

[Taco Loco]

Important PSA for those with Retirement 401k type accounts.

https://www.barrons.com/amp/articles/private-equity-could-be-coming-to-your-401-k-here-are-a-few-things-to-know-51592049601

 

[Oswego]

Important PSA for those with Retirement 401k type accounts.

https://www.barrons.com/amp/articles/private-equity-could-be-coming-to-your-401-k-here-are-a-few-things-to-know-51592049601

So the vampires need more blood again. Didn't we just bail them out with our 401k's and tax dollars less than 12 years ago in 2008? and 7 years before that after 9/11? and I'm sure many times before that

Now they want more.... well this stones dry so they can suck on someone else with this crap. Americans saving money for retirment has been on the decline for decades so lets just rob some more people blind so the gubment has to take care of them later.

I'm sure for 1-5% of 401k owners this may be a good move but for morons like me - it could be very bad if they make poor choices.

 

[tx_shooter]

I had a wise friend tell me one time that you save more money by spending less of it. With that in mind I made myself go to two JCPenny stores today. They are closing down soon so they are running pretty decent sales depending on the item. I was able to pick up some more "professional slacks" and dress shoes today that I normally would not have bought. The trick today is I "saved" over $400 and did not spend half of that amount. I will definitely go back as they get closer to closing to score a few more pairs of dress pants.

 

[Taco Loco]

20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

 

[Oswego]

20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

Thats a sad read. Not sure what I think about any of that. Only thing I'm certain of is that a bunch of lawyers will get paychecks from this kid taking his life.

 

[Oswego]

I had a wise friend tell me one time that you save more money by spending less of it. With that in mind I made myself go to two JCPenny stores today. They are closing down soon so they are running pretty decent sales depending on the item. I was able to pick up some more "professional slacks" and dress shoes today that I normally would not have bought. The trick today is I "saved" over $400 and did not spend half of that amount. I will definitely go back as they get closer to closing to score a few more pairs of dress pants.

Not sure how I missed this but if you buy a $400 product for $200 you still spent $200.

If your intent is to save and you don't need the product then spending brought on by the enticement of the deal is not the answer because you fell for their marketing tact.

If you need the product regardless then yes, you have saved.

Just want to address the current tact marketing is taking to entice buyers. Ive seen allot of people living week to week splurge on deals when in reality the product would of never been bought and was not ever needed, but the great deal enticed them anyway so in my theory they just blew $200 not save $200.

My mom falls for this crap all the time and buys stuff she never needed or wanted until it was a deal and I used to for the majority of my life.

 

[Taco Loco]

Don’t Blame The Pandemic: JCPenney Goes Bankrupt After Decades-Long Struggle To Reinvent Itself

If the clothes are at min 40% retail price, your probably saving some dough.

Before the kids were old enough to know any better, The Laundry Fairy and I would go to the second hands places and buy the higher end, name brand kids clothes stupid cheap, did that for couple years, I bet the only thing new we bought was socks, underwear and shoes, when we lived near The Woodlands/Houston, day care was almost $2,000 month, it was just way to offset/savings while raising our boys at the time.

 

[Silverback]

I don't see how Kohls stays in business. Couple years ago the wife wanted a KitchenAid mixer. The one she picked out was not the one that comes in 27 colors, it was more of an industrial one. Anyhow, everyplace had it for right at $400-420. Kohls had it for $290... then they gave me a coupon and I ended up paying like $210 for it.. then they gave me another $100 in Kohls bucks! Which is as good as money as long as you spend it there. But damn.. I have no idea how they made a profit on me that day.

 

[Taco Loco]

I don't see how Kohls stays in business. Couple years ago the wife wanted a KitchenAid mixer. The one she picked out was not the one that comes in 27 colors, it was more of an industrial one. Anyhow, everyplace had it for right at $400-420. Kohls had it for $290... then they gave me a coupon and I ended up paying like $210 for it.. then they gave me another $100 in Kohls bucks! Which is as good as money as long as you spend it there. But damn.. I have no idea how they made a profit on me that day.

Its on the JCP track as well.

edit, Kohl’s was down 44% Q1, cause of COVID,
it does say Kohl’s will do much better with JCP out of business

 

[Silverback]

Long time ago the company I worked for managed all of Ford Motor Company's network. Its between all dealership, controls inventory and whatever. This was like 2002. Anyhow, it was a huge contract. We had a team go out and do some analysis and determine how many engineers it would take to run it. Well they underestimated by a shitload. Instead of 2 or 3 we needed like 10. Their network was JUNK! Anyhow, we used to joke that we lost money on every incident ticket but we made up for it in volume. We ended up finding some company that wanted to do business with Cisco and they also managed networks, so we gave them FoMoCo as one of the clients and we "only" charged them 30 cents on the dollar they made from FoMoCo. So we turned a losing money every month into making some money every month.

 

[tx_shooter]

Not sure how I missed this but if you buy a $400 product for $200 you still spent $200.

If your intent is to save and you don't need the product then spending brought on by the enticement of the deal is not the answer because you fell for their marketing tact.

If you need the product regardless then yes, you have saved.

Just want to address the current tact marketing is taking to entice buyers. Ive seen allot of people living week to week splurge on deals when in reality the product would of never been bought and was not ever needed, but the great deal enticed them anyway so in my theory they just blew $200 not save $200.

My mom falls for this crap all the time and buys stuff she never needed or wanted until it was a deal and I used to for the majority of my life.

Yeah - I do not spend what I do not need to spend. But my closet was pretty short on corporate meeting clothes so I took advantage of the sale to add enough slacks to the mix to be able to travel for a week without having to stress if a pair of pants got dirty.

 

[Oswego]

Now I'm getting a little more concerned Architecture Billings Downward Trajectory Moderates | USGlass Magazine & USGNN Headline News

Good news is that institutional projects out west are doing good. My region in the NE is bad...very bad for commercial construction. Worst Ive ever seen it

Things will tighten up for anyone in sales of materials or commercial construction if these numbers don't bounce back immediately.

 

[Oswego]

if anyone has any investments in We Work or Spaces ~ IMHO, I'd get it out now.

Should be common sense but you never know

 

[Oswego]

BTW - forgot to mention Friday night I met a financial goal for the first time in a very very long time. Always heard you need at minimum a years worth of money to cover your living expenses for emergencies and Friday night my last deposit into that account reached that goal. Thought I was there a while ago, but that budget was crap and WAY off ~ I really needed twice as much as I had originally budgeted to cover all my bills for a year. Soon as I made the deposit I deleted all my access points to that account and have no easy means to withdraw it. Just how I want it. Now I just need to forget about it, but I was so proud of myself I had to tell someone before I try to purge it from my memory.

Now that that's taken care of I'm diverting 100% of my discretionary money to my land fund so that should see steady immediate increases now that I'm not splitting it up between a three accounts.

 

[Taco Loco]

BTW - forgot to mention Friday night I met a financial goal for the first time in a very very long time. Always heard you need at minimum a years worth of money to cover your living expenses for emergencies and Friday night my last deposit into that account reached that goal. Thought I was there a while ago, but that budget was crap and WAY off ~ I really needed twice as much as I had originally budgeted to cover all my bills for a year. Soon as I made the deposit I deleted all my access points to that account and have no easy means to withdraw it. Just how I want it. Now I just need to forget about it, but I was so proud of myself I had to tell someone before I try to purge it from my memory.

Now that that's taken care of I'm diverting 100% of my discretionary money to my land fund so that should see steady immediate increases now that I'm not splitting it up between a three accounts.

awesome

 

[tx_shooter]

BTW - forgot to mention Friday night I met a financial goal for the first time in a very very long time. Always heard you need at minimum a years worth of money to cover your living expenses for emergencies and Friday night my last deposit into that account reached that goal. Thought I was there a while ago, but that budget was crap and WAY off ~ I really needed twice as much as I had originally budgeted to cover all my bills for a year. Soon as I made the deposit I deleted all my access points to that account and have no easy means to withdraw it. Just how I want it. Now I just need to forget about it, but I was so proud of myself I had to tell someone before I try to purge it from my memory.

Now that that's taken care of I'm diverting 100% of my discretionary money to my land fund so that should see steady immediate increases now that I'm not splitting it up between a three accounts.

Congrats.

 

[tx_shooter]

So has anyone on here messed around with ForEx trading? I was discussing it at work yesterday and looked into it a bit more today. I know one guy who did it a lot a few years ago who says he always made good money with it; but he was making investments in the 10s of thousands on it and letting a computer program do the work.

 

[Silverback]

I had a co-worker do it.. uber smart guy. Even wrote his own software to do using predictive analytics and determine next moves.. his code did like 20 verification's before it made a decision and then it texted him a jpg of the chart and its predictability so if he was at work he could log in and make the buy/sell. He didn't allow it to. But it had stop loses built into the code. His software got an RSS feed that it consumed to make the calls. He had a "paper' account, no real money in it, but it tracked his gains/losses. He was doing well.. then he found some software that did 51 different verification's. He bought it. Also, his RSS feed was the best a normal human can get but a bank can get better... like realtime. The RSS feed was about 15 minutes behind IIRC. But this was back in 05-06. Dude is now a bigshot at Dell. If you've been on the website in the past 10 years its probably on code he wrote (he built a platform they use to interact with the DB) But better be prepared to stay up late if you really want to monitor it. But the thing with ForEx is that its 24/7. He was into short selling and all kinds a shit. Shit I don't get even though he explained it slow. But anyhow he got out of it. Took up too much time to be "safe" while yet profitable. It was like day-trading ALL day long.