STOCK MARKET: Let's talk stocks and investing

theres a bubble forsure

 

Inverse cramer curse incoming..

 

Our education system has failed us. Amortization schedule should be a basic foundation of knowledge as hot coffee in a cup...we shouldn't need a bunch of warning jargon to protect the ignorant.

 

Took out almost a half a million dollar loan but doesn't know how interest is calculated or paid.
This is going to end well.

 

AI is REAL but it's also marketing jargon. Obviously. But the boomers at the hedgies don't know.

 

I learned it in HS but didn't really understand it, but knew enough to figure it out based on that education to figure it out later in life when I needed it. In REALITY, this beloved economy of yalls RELIES on people having a lack of education and doing dumb ****.

 

I am a SMALL partner in a business and the owner just pulled a half-mil loan without knowing what it costs long-term. And he's honestly done pretty well managing the business since I have been involved. You just go by FEEL. Lulz.

 

Prepayment penalty is another big gotcha for those meddling with adjustable rate loans

 

did we forget about the NFT goodness?

 

This is a key issue - not understanding debt before agreeing to finance 4+ years of university. I suspect students would have a very different view on how they would utilize this debt.

 

government protected FTX ignorant, why shouldn't they protect others ¡

 

anyone taking advantage of CD lately? Rates are over 5% now....

 

hard for me to do a CD when my high yield savings account is 4.15%. I'd rather lose the <1% and have the liquid cash so i can move it quickly without penalty if i see a better opportunity.

 

100%. Even Robinhood is offering like 4.5% (if you trust it)

 

- 9% today.

 

In most cases, people that put money into CD's aren't worried about "what if X happens in the next week?" CD's are a place to park money without risk for a guaranteed event down the road or money you just won't need. I've got laddered CD's that I buy new CD's into with maturities 1-6 months out as interest rates kept rising. I also have savings accounts and I-bonds. If you live in a state with state income tax, treasuries may make even more sense, too.

They each serve their purpose. I have 3 or 4 CDs earning between 4.85% - 5.25% (the 4.85% one was a 4-month CD I bought about 3 months ago), but I also have savings accounts each earning about 4.00% and 4.15%. BTW, right now, you can get 6-month brokered non-callable CD's earning almost 5.4%. I generally dip into my savings if I need to while the CD's continue doing their thing until they mature, then re-invest them at higher rates (well, during this interest rate run-up, anyway).

 

Jesus... glad, I didn't sell my 10-year old languishing SIRI stock a few months ago like I was about to.

 

wtf is going on lol