Kevin Slater
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Posts posted by Kevin Slater
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On 4/26/2024 at 2:05 AM, augustus said:
The latest economic reports of April 25, 2024 show GDP decreasing and inflation accelerating! Stagflation is returning, like I've been saying for a year.
No, the reports showed GDP growth decreasing. GDP is still increasing, albeit at a slower rate.
Kevin Slater
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The new rate will be 4.3% (down from 5.27%), with a .9% fixed rate (down from 1.3).
Kevin Slater
- thomas, KeepItReal and BuffaloKyle
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I don't like holding very much gold. It produces no income and in fact takes money to store and secure (even if in the form of an etf).
Kevin Slater
- MikePDNA51, + FrankR, marylander1940 and 2 others
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16 hours ago, BuffaloKyle said:
Anyone find a prediction for what next month's I bond rate will be? I bought my 10k limit in January so I hope the fixed rate doesn't go way up. 😅
... cuz if I can't have it, I don't want anyone else to get it?
Kevin Slater
- thomas and handiacefailure
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2 hours ago, ShortCutie7 said:
Ha! If only some escorts understood how little money people with regular 9-5s take home after taxes, retirement contributions, etc… I know my take-home is in reality a fraction of what sounded like a really nice income a few years ago. I don’t know if an escort would be turned on or appalled by the fact that if I give him $400, that is half of what I take home in a week!
I suspect he'd be much more concerned with what percentage that was of what he took home that week.
Kevin Slater
- + Pensant and pubic_assistance
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8 minutes ago, Lucky said:
With the dearest respect to the OP, real estate agents are not going to suddenly work for free.
but they're no longer going to have a monopoly, either. (Ok, not 6% cheaper, but most analysis I've read suggests fees may drop to 2 - 3%.)
Kevin Slater.
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Paying attention to PE is a good idea. Interestingly, NVDA's PE has gown down drastically recently. The stock has soared, but earnings have soared even more. It actually has a lower PE than most its peers. Its largest supplier is TSMC, based in Taiwan.
Kevin Slater
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The Nasdaq is flirting with its own record high close, which last happened over two years ago. (Although as of this post, we've dipped below the record.)
Kevin Slater
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This thread has veered way off the topic of personal finance. Giving it a break.
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If Meta's gains hold til the close, it'll be the largest single-day market cap gain in history.
Kevin Slater
- KeepItReal, + stevenkesslar and thomas
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Moderator's note:
This forum is about personal investing. I just hid a lot of posts with interpersonal crosstalk and bickering. Any further such posts will subject the member to forum moderation (posts will have to be approved before published). Now let's get back to the subject at hand.
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Moderator's note: let's give this restaurant tally a break.
- Beancounter, + stevenkesslar and thomas
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2 hours ago, Jarrod_Uncut said:
lol I thought you were some of the last remaining guys who used A4A lol.
I only advertise on Rentmen anymore. Then some guys know who I am and hit me up on Grindr, Scruff or Sniffies. There's the occasional random text or even email (throwback) from god knows where. But at this point the bulk is from an established client base. Oh, and I keep my website up, for what that's worth. If I traveled through Europe, I'd have to explore other advertising venues.
Kevin Slater
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On 1/11/2024 at 10:31 PM, Jarrod_Uncut said:
@Kevin Slater how much of that % was from RentMen versus A4A?
I wasn't aware that A4A was still around. The vast majority of new clients came from Rentmen, but most of the revenue was from legacy clients (and them mostly from rentboy).
Kevin Slater
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Let's not stray too far from the topic of this thread: is a recession coming?
Kevin Slater
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5 hours ago, mike carey said:
My take on the indices is the same as @Kevin Slater's that the Dow is not a good representation of the overall state of the market, and that the wider S&P is better. That doesn't mean that they will offer divergent scores of where the market is, just that using the Dow brings the risks that any small sample size has for measuring a larger 'population'. Picking a different index (such as the Nasdaq) as the basis for an investment strategy is a different decision process. It's a discrete share of the overall market, and concentrating on such a slice of the market is not an unusual strategy.
All of that, and the moronic way it weighs the components (by ticker price rather than the far more rational market cap). So if a stock splits say four-for-one, it loses three quarters of its weighting in the DJIA. And many stocks simply cannot be added to the index because their nominal stock price would override all other components of the index. Apple was excluded from the Dow until it issued a seven-for-one split which just happened to put make it eligible for the index.
Kevin Slater
- mike carey and + augustus
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I hate the Dow as a metric. How 'bout the S&P at 5,000?
Kevin Slater
- KeepItReal, marylander1940, mike carey and 3 others
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Moderator's note: the gun debate stops here.
- + BobPS, mike carey and pubic_assistance
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I-bonds
in Personal Finance & Investing
Posted
I'm an idiot. I posted the 2023 article and rate. Thanks for the correction.
Kevin Slater