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Posts posted by Johnny Chimpo
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Damn. I would not want that shit next door.
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1 hour ago, castolon said:
Shit. I should clarify. I chose to bounce. It’s an upgrade. I’ll miss the animals but not the zoo.Where you headed?
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The hilux is great for what it is. All I was saying is, the seats aren’t that comfortable and it’s ancient technology compared to modern offerings in the USA. I spend about two hours a day in one for half the year.
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I work in oilfields in Central Asia and we exclusively drive hi luxes and land cruiser prados with the stick shift diesels. After spending that much time in the hilux, especially the back seat of one, I had no interest at all in buying a Tacoma. They are uncomfortable.
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1 hour ago, Tex48 said:
Felt like I needed to bring us back on topic with this thread. I haven't seen very much on Jet-A demand or diesel recently. I assume diesel is following gasoline closely but is Jet-A demand this summer still down significantly or is the gap continuing to be closed?
The gap will continue to close but until international travel fully resumes it will lag.
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Long and sordid history of surly / shaggy collaborative investments.
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1 hour ago, Gil Bang said:
So, I happened to be passing thru las vegas, and stopped at Bass Pro.
They had some .22, and a shitload of .223. Like 1000 rd. boxes of .223.
Anyway, they have a 5 box limit, so I grabbed 3 boxes of Aguila .22 for 6.95 a box, and for shits and goggles, I grabbed 2 boxes (20 rds each) of CCI 22 LR shotshell.
So, tell me about this shotshell that I bought. I've never used it. Ok for pistol or rifle? Is one better than the other? Is it good to blast rats/gophers?
Usually .22 shot shell is intended for up close use on varmints. Think snakes and the like. Probably would work on rats if you can get one to hang around while you shoot it.
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47 minutes ago, Schulz2.0 said:
Probably half of the Denver metro area population is out of state move-ins. They don't care.
Out of my group of friends, perhaps 20 people, one is a Colorado native. Lot of midwesterners and Californians.
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12 minutes ago, Schulz2.0 said:
Denver is trying hard to become California. There are plenty of people looking to run the refinery, that is now surrounded by metro Denver, out of town.
Yea I live in Denver and the people here turn their nose up at oil and gas. It’s very liberal.
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2 minutes ago, Nice Guy Eddie said:
Texas is ending the extra $300/weekly in late June.
Some people live in the short term world. They would rather earn less sitting at home than more at work, if the work salary isn't significantly higher. These are the same people that can't afford a $500 emergency because it's all about today not tomorrow.
The common clay of the new west… you know, morons.
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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.
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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.
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Ethereum chart looking pretty shitty too. Lot of momentum lost.
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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.
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Sign me up, that sounds fantastic. Now that’s a company you can trust for the long term.
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Buy the dip
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10 hours ago, NoRagrets said:
Need some advice:
Big Family vacation in July and I need to decide between houses in Incline Village (on mountain with great views) and South Lake Tahoe (Zephyr Cove on mountain with great views).
We don’t care about gambling. Want good beaches and stuff to do with kids, and to avoid riff raft.
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.
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1 hour ago, Chapo said:
Whats the easiest way to play hyperinflation? I supposed that buying TIPS wouldnt be enough
Purchase stocks in commodity producing companies. Oil, industrial metal miners, and agricultural commodity producers / processors. I’m long ADM, RIO, CVX and XOM.
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47 minutes ago, Nice Guy Eddie said:
Ive been moving funds over to crypto stable coins and earning about 10%. Still I’m going to leave some in Yotta but def below 10k.
Can you describe this briefly? I’m interested
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6 hours ago, TheFlyingBoat said:
Cool so forward looking inflation expectation is around 2% and we've been consistently under 2 for the past 8 years or so. Looks like we'll be fine even if we run up to 2.5 or 3 until 2023. I'm not worried about a high inflation environment at all. Those who were worried about it after QE have massive egg on their face and maybe 20 years from now they will be right about massive inflation, but at that point they'll have called 30 of the last 1 inflationary spikes.
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.
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Monday morning.
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40 minutes ago, orangecat92 said:
When is the big correction? I have read so many articles that warn of the big correction, and now am playing the waiting game. One alternative theory I read was that the stimulus would put off a correction until closer to the fall.
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.
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10 hours ago, Fudge Nuggets said:
I’m still holding mine from the mid 30’s last year. The nearly 12% dividend is a nice bonus.
I snagged some then myself...
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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.
Tesla
in Business and Markets
Posted
At least they are known for their excellent factory service centers.