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fair enoughnot polite to answer a question with a question.
they're all basically the same in the sense that the louder the government advocates a stable economy , the more it is not
wall street follows suit in their bull market.......emphasis on the bull
nobody can translate Fed doublespeak
and then all these ninnies end up before Congress w/hat in hand blaming each other ....
[It’s] just the oil biz. Domestic oil production is spread across innumerable small and large drillers. Frackers can ramp up production very quickly. So when prices spiked in 2021 and 2022, they hedged part of their production at high prices and then it was drill baby drill to get those higher prices. And then they overproduce… this is the same thing over and over again, which is why, in commodities, the best cure for a high price is a high price because it stimulates overproduction, which causes the price to crash. Oldest song in the book.
Wolf Richter, Dec 12, 2023
Frankly, I am convinced the OP was motivated more by partisan hopes than real understanding.
Frankly, you are a little late to this dance.Frankly, I am convinced the OP was motivated more by partisan hopes than real understanding.
Frankly, I have already posted nine often long and solidly reasoned comments on this thread. You should read them. You might actually learn something.Frankly, you are a little late to this dance.
I doubt I have that much available cash. Maybe $10 K. The rest, as you've noted, is invested.Actual rich people, much like smart people, never need to brag how much money they have or how smart they are.
As for cash in hand that I could get in the next 5 minutes, only about $16,000. The rest is tied up making me more money.
Dude, if you actually have $30 grand ish in cash sitting around your home you are a flipping idiot!So, no cash in hand. As expected.
What do you do if there is a power failure that lasts a week or so? A hurricane or a tornado comes along (out here it is earthquakes) and you have no access to your bank account for weeks. What are you going to do? Every disaster preparedness plan MUST include a good supply of cash.
"Frankly" is a pretense of honesty.Frankly, I have already posted 9, often long and solidly reasoned comments on this thread. You should read them. You might actually learn something.
That's why he no longer posts on USMB.Day 127, still no crash.
Maybe the OP has a different view of what "about to" means than the rest of us
Damn it, the MAGATs keep losing their dog whistles.Dow Jones hit an All Time High today.
Not terribly "crashy"
That's why he no longer posts on USMB.
That and several other threads and his great attempt at catfishing is over his occupation.was he that embarrassed by this thread
Actually, I am up to around 50k right now. Never know when I might need more. But, it is in a safe, and well protected. But thanks for your concern.Dude, if you actually have $30 grand ish in cash sitting around your home you are a flipping idiot!
I keep a few hundred in my safe, but any more than that is just dumb.
You need a safe for a few hundred bucks? Lulz.
Also has important papers, a few pistols, some rare coins, you know that kinda stuff. It's pretty small. The big one went with the business last spring.You need a safe for a few hundred bucks? Lulz.
Also has important papers, a few pistols, some rare coins, you know that kinda stuff. It's pretty small. The big one went with the business last spring.
