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Johnny Chimpo

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Everything posted by Johnny Chimpo

  1. Johnny Chimpo
    Yea I live in Denver and the people here turn their nose up at oil and gas. It’s very liberal.
  2. Johnny Chimpo
    The common clay of the new west… you know, morons.
  3. Johnny Chimpo
    I think it’s time to pivot towards international developed stocks, and begin thinking about accumulating emerging market stocks. I’m playing on value stocks as a theme given that they may succeed more in an inflationary environment and tend to pay dividends. I’m in the accumulation phase of my life but for now I’m gonna start leaning on VYMI and DVYE with my biweekly purchase programs. one thing to be aware of when buying emerging market index funds like IEMG is the weighting they hold towards Chinese tech. It’s something like 20% China tech. Lately their government has not been playing nice with their tech companies so I am happy to stay away from that.
  4. Johnny Chimpo
    You guys understand that even after a period of transitory inflation, prices don’t go lower from there, right? It just becomes the new normal.
  5. Johnny Chimpo
    Ethereum chart looking pretty shitty too. Lot of momentum lost.
  6. Johnny Chimpo
    Yea where I worked in California as an engineer we weren’t allowed to do anything as an engineer, not even flip a switch practically, much less turn a wrench or do wiring. All because the operators were union folks.
  7. Johnny Chimpo
    Sign me up, that sounds fantastic. Now that’s a company you can trust for the long term.
  8. Johnny Chimpo
    Buy the dip
  9. Johnny Chimpo
    South Lake Tahoe is a heap of riff raff. Incline village is typically a little quieter so for that reason in your scenario I would go down that route.
  10. Johnny Chimpo
    Purchase stocks in commodity producing companies. Oil, industrial metal miners, and agricultural commodity producers / processors. I’m long ADM, RIO, CVX and XOM.
  11. Johnny Chimpo
    Can you describe this briefly? I’m interested
  12. Johnny Chimpo
    I can understand why you would say that looking at this chart. However the chart is a bit of bullshit to be honest. In order to understand why that chart does not truly reflect inflation experienced by the US consumer you need to understand how the fed calculates inflation. They use hedonic adjustments to lower inflation rates down to their desired 1.5-2%. They have also removed housing prices from inflation and use a “rent equivalent basis” for their housing component. If you care to read more on the subject the below two links will get you going. If you want to dismiss the issue and put your head in the sand, be my guest. https://wolfstreet.com/2021/04/13/yup-dollars-purchasing-power-dropped-to-record-low-again-but-more-sharply-and-its-worse-than-cpi-shows/ http://www.chapwoodindex.org/
  13. Johnny Chimpo
    Monday morning.
  14. Johnny Chimpo
    Timing the market is kind of a fools game. Keep pounding your money in over time and dollar cost average the highs and lows. Keep a little cash on hand in case it really takes a shit, you can scoop good shit on sale.
  15. Johnny Chimpo
    I snagged some then myself...
  16. Johnny Chimpo
    Damn man. Lucky you. I’m amazed you’re getting them to take on dries this early. Usually I’m going through my fly box bonking nymphs on their noses they are so lethargic in the cold weather.
  17. Johnny Chimpo
    I’m gonna quote this motherfucking long cat just for fun.
  18. Johnny Chimpo
    This fucking storm keeps getting later and later in it’s arrival. I’m gonna have to come back on Monday to catch the end of it.
  19. Johnny Chimpo
    I got a little crash pad booked in breck for Wednesday through Saturday. Plan on splitting breck and keystone 2/2.
  20. Johnny Chimpo
    No change in production by opec! Very interesting outcome.
  21. Johnny Chimpo
    I believe that is considered “piss drunk”.
  22. Johnny Chimpo
    Do you own the house? Otherwise you need to make a realistic estimate of what your monthly cash flow will be. If it’s less than 20-30% more than your mortgage I would just sell it and invest it in something that doesn’t have any headaches associated with it.
  23. Johnny Chimpo
    I also chose to take my business elsewhere after that ride.
  24. Johnny Chimpo
    I would beg to differ on the Subaru. The imprezas had their issues with blown head gaskets, throw out bearings, clutches that didn’t last too long, and etc. I think they’re fine cars but they are no Toyota’s. I had an 08 STI that I ended up having to do a combination clutch job, valve job, and head gasket job on. Granted it was because I drove the piss out of that car from age 23 to 28 but yea that was not cheap. There was a few other issues too, air conditioning compressor and the exhaust gas recirculating valve went bad on me too.
  25. Johnny Chimpo
    What was the outcome there? That guys tranny explode or what?

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