JP2205
JP2205 t1_ixxam3i wrote
Reply to comment by chemin21 in I think I f*cked up by chemin21
And put that Roth money into 1 day options
JP2205 t1_iuhnyno wrote
Reply to comment by Careless-Pin-2852 in The terminal rate does not need to go above inflation. by nonasiandoctor
Thats crazy. Im seeing pickup trucks for 50k and with 80000 miles on them. At 6% wondering who the hell wants a $900 car payment plus extra insurance. Doesnt seem like this is gonna end well.
JP2205 t1_iuh98c9 wrote
If you have inflation say 8% and rates at 3%, you just cant ignore that. It will break the whole system when people find out holding any money at all costs you a fortune. This creates more inflation as people try to spend their worthless dollars on stuff. The poor really suffer as prices go up but not their incomes.
JP2205 t1_iuh911c wrote
Reply to comment by Careless-Pin-2852 in The terminal rate does not need to go above inflation. by nonasiandoctor
People still buying overpriced cars with 6% loans?
JP2205 t1_jabgvfb wrote
Reply to AMC — can’t help but watch the slow motion train wreck. by Mobay_Luv
Made some money a while back shorting this Lemmon. Now just watching it slowly fade away, with no vested interest.