SPDY1284
SPDY1284 t1_j6acd0u wrote
Reply to Found some old Reddit threads from 15 years ago talking about the 07-08 recession by Fantastic_Bar3109
It’s really funny how people think recessions are never going to come, even though we know for a fact that they are natural parts of the economic cycle. Contraction leads to expansion and expansion leads to contraction. 2009-2021 was one of the biggest expansions in our history and people still don’t see a recession coming even tho every indicator is telling us one is around the corner (months away). We also know that recessions drop earnings by around 19% on average… but yeah, go buy TSLA at $180.
SPDY1284 t1_iydhwah wrote
If that 401k match is real for the new job then take it. I haven't seen that type of match before though...so make sure you understood it correctly.
Things to keep in mind though:
- "Last one in, first one out"... is this a tech job? I'd be very worry about changing jobs as we go into a recession if you are giving up seniority at a stable company.
- Understand what the actual work differences are. If you are going from working 35 hours a week to 60 hours a week for $10k... that's not even close to worth it.
SPDY1284 t1_ixzkvl8 wrote
Reply to QQQ technically analyst by stockslord
Now overlay the Fed funds rate on top of this chart.
SPDY1284 t1_j6ak5rg wrote
Reply to Sh*tshow starting soon? | Weekly Chart vs. Insiders Sells by no_one_1_2
Guys please keep buying! Specifically calls! Bring that put/call ratio super low. No way things go bad. Lucid going to $50 by Friday.