US stock · Consumer Cyclical sector · Home Improvement Retail
Company Logo

Lowe's Companies, Inc.

LOWNYSE

187.81

USD
-2.65
(-1.39%)
Market Closed
14.93P/E
13Forward P/E
0.74P/E to S&P500
116.574BMarket CAP
1.81%Div Yield
Google Trends
Recent Reddit Comments

You are not entirely correct with this. Based on his finacial standing alone will not aprove him for alot of cards, having no bad marks on a credit score does not mean there is any good marks either, no credit history is a big deterent for most creditors, some low end cards with no benefits at all and stupid high interest rates etc may take the risk with a small limit, but if OP apploed to a higher standing card first they woukd deny instantly based off lack of history, after that first credit pull any attempt to apply to any card after that is severly reduced, and based off what OP said I am guessing they tried at least 3-4 which that many hard pulls with no credit history etc will be enough for basically every other creditor to deny him.

I will point out people that just filed for bankruptcy get offers because lenders know that after filing for bankruptcy they can not do so again for 7 years, which prevents someone from racking up a ton of debt and then trying to dump it so they are safer bets because in that time if needed they can attenot to garnish wages etc.

Your comment on his credit score is ignorant at best, you can make millions a month and still have a credit score that is in the trash, if you dont use credit or have credit history your credit score will reflect that not how much money you have sitting around.

Also just because they make alot of money does not mean someone does not need a credit card, having a credit card has a ton of benefiting factors, one of those being it helps build credit so that he can get better rates on a mortgage loan or car loan etc down the line. On top of some cards having cash back and rewards points that can help out as well.

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Why the recent depreciation, just moving with the market? Any other contention besides low float on why you think we will see upside ? Thanks

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I’ve been going near the limit recently because I’ve been buying furniture, but the score has been low for a few years now, well before I was increasing the usage on my credit card

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Really depends why their EBITDA is so low. If they are growing, investing in innovation/growth, and have a business model that can be monetized it’s not a big deal.

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Please note that in order to keep this subreddit a high-quality place to discuss personal finance, off-topic or low-quality comments are removed (rule 3).

We look forward to higher quality posts from your account in the future. Thank you.

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Make sure the limit is high enough for how much you use it. I started out with two secured cards after I turned 18. They were a pain in the ass because the bank holds your money and the limits were low (1000 and 3000). The issue is that if you are making 200K a year and spending money like you make 200K a year, you probably need a much higher limit than an entry credit card. Are you almost maxing it out every month or going way above 10%? I have to be very careful with my cards because I have an assortment of credit limits and using the low limit card for a big payment dings my credit. Be aware that even paying it off monthly doesn't keep the bank from saying that your card is maxed out if you have big charges on it on the reporting date. I would start with asking for a credit increase on your existing card. Try to double or triple the limit depending on how much credit you already have. You should ask for more credit as your income goes up.

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Proves what?

Yes housing price has a lower inflation rate than OECD (obviously). But this doesn't factor many things:

  • Large quantity of single person studios
  • Employment is trapped to older employees and lower employment rate for young people.
  • Wage disparity between young and old.
  • Nomikai (especially for older people) that covers a relevant chunk of disposable income.

Highest part time work rate from your selected countries: https://data.oecd.org/emp/part-time-employment-rate.htm#indicator-chart

Relatively high % of disposable income spent on housing:

https://data.oecd.org/hha/household-spending.htm#indicator-chart

And don't forget it's undesirable housing.

Your selected charts only prove that Japan had low inflation. And that high inflation often leads to higher housing cost to income ratio (maybe due to speculators).

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Yeah but what is the book value of those companies? 1B is a very low number which was obviously picked to rack up a large number of companies - how many of them have assets that exceed $500M?

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More concerning if you are a buy-and-hold investor. Premiums are obviously lower in low VIX environments, but money can still be made in a flat market if you are an active options trader. High IV still exists in individual stocks if you don't play the Indexes.

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Also just my opinion, if the cost of processing payments affects your bottom line that much, you are probably pricing too low.

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It has two settings, low and high. And both of them will rip your dick off.

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bank stocks generally have low p/e and pay higher dividends, so ally is not unusual.

wells fargo, bny mellon and regions all have a p/e of about 9.6, regions is 9, goldman sachs is 6. these all have 3-4% dividends

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It’s certainly true that the first several rounds of stimulus were under Republican leadership, and in retrospect even that wasn’t actually needed. Had we come out of all lockdowns as soon as Georgia re opened and proved you could do it without any real surge the rest of country should have done the same.

But if all we had was that initial rounds of stimulus the inflation we have now wouldn’t be nearly as bad. It was progressives and democrats that kept extending lockdowns and unemployment benefits well after it was clear you could re open and urging the fed to keep buying bonds and keep interest rates low.

CNBC covered those monthly hearings live when Powel went before congress and for quite some time republicans grilled him on why he was ignoring inflation and continuing with the easy money while democrats praised him for standing up for the little guy and urged him to keep interest rates low

I don’t want Donald Trump anywhere near public office ever again, he proved pretty conclusively that he has even less character than your average politician. But in terms of policy he did what he could to encourage the normal function of the economy, and the tax cuts he passed helped give us a great economy right up until covid. IMO his policies were on balance pretty good, sometimes outstanding. His character not so much.

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Set up an account with a credit union. From your post you are a college student-- if there is a school credit union, join there. After a few months, apply for their credit card. The limit will be low, but fill it and pay it off regularly to get a higher limit.

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America used to thrive on immigrants. The population is still increasing, but the rate is decreasing. The population is older putting a high load with low labor output. Are you stupid.

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We’ve just ran lots of tests! But I’d also pay a low fee to cover your time with a bonus if it wins.

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It goes up and down but over time it is mostly up and has always - always- made good returns.

You’ve seen glass half empty right now. As you continue to invest money into the fund though, at these low prices, in a few years you’ll see the other side of this situation, the happy part. Stocks are getting really really cheap and will probably keep going down for a bit here. Just buckle in and think of this as a sale. Buying low is good for your future returns

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I'm a data analyst, self taught. Not in engineering or data science, but operations analytics so like baby data I guess. I'm in the low six figures which for my area is quite comfortable, my focus is HR, People, and Compensation and I could easily make more in different industries or departments (like my spouse in sales analytics). The industry I'm in is more passion-based so they bank on work-life balance vs grinding for income if that makes sense. But back to being self-taught, I started with excel, then SQL, Python, then PowerQuery, PowerBI, Tableau. And I learned R some time ago while in finance but haven't needed it in people ops.

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Impact should be low. When you tax loss harvest you buy a comparable security.

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I’m talking about facts here, not what’s cool or lame. Classic low IQ redditor shit

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Google: high quality spin offs that get booted when they don't bring enough revenue

Microsoft: low quality main products that bring in the big bucks

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Funny enough, AMD is what I'm going to put everything into potentially. What's your potential entry point? I'm hoping for high 40s or low 50s

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The annual 401k investment limit is so low it's just a rounding error for the ultra wealthy.

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Right now we're at very low unemployment, but also very low participation. To top it off, we're at very high numbers for job openings at companies still, people can't find workers.

I think that it will first take unemployment to go up significantly before there is a drop in inflation, and that will probably have a lag between it. The Fed is likely watching unemployment more closely than inflation right now. That's their main goal right now, increase unemployment

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The line is not going straight down there will be a regrouping as we bounce of another new low in the next week or two.

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Covid bottom was bottom Imo. I wanna see that low again. We are far far away! Not even as low as pre covid peak yet! The jump after money printer went burrr was insane.

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Negative EBITDA? So, low P/E. #valuestonks img

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SPY will close at a new 52 weeks low. Probably 345-360.

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Trust me, I don’t underestimate that at all. I think most of the people on this sub probably understand it as does the consensus wisdom of all the investors in the market. I have been watching and studying resources scarcity issues closely for decades. I am professionally involved in transitioning planning and work with colleagues at large utility companies who model energy resources and future demand. I remember dating the peak oil analyst at a NY investment firm 15 years ago when it looked particularly dire. I suggest everyone have plans a more resilient, low-energy life, own productive land, live in a close-knit walkable community, build useful skills, and decrease reliance on fossil fuels. Beyond that, you probably want to take it to r/preppers.

None of that is really germane to this sub which is about index fund investing for retirement. Speculation about peak oil, black swan events, and Malthusian catastrophes isn’t terribly useful for modeling the stock returns of a brokerage account, and we really can’t say with any certainty what effect they will have. The cleansing nature of stock indexes has made them continuously the most profitable asset class over many centuries through wars, famines, disease, and natural disasters, and at any point along the way there were strong arguments to be made that the limits of growth had been reached.

I think it’s safe to say that betting against the progress of humanity and the Trillion dollar investment vehicles of the wealthiest and most powerful people in world probably isn’t a great way for the average work person to try to build wealth for retirement. OP is bummed that their investments are down 20% and we are all trying to reassure them that the OVERWHELMING likelihood is that they will recover and flourish in the decades ahead.

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I work at a larger tech company that that's fairly difficult interviews and have interviewed with FAANG/MAANGA/whatever you want to call it these day, and will be starting the interview process again very soon. Basically it's just lots of rounds and some of them are extremely technical. So what we do is first talk to a recruiter for like 15 minutes, then you get a leetcode-style assignment to do on your own that takes 1-3 hours (we give like 2 weeks for you to do this), then interview hiring manager for about 30 minutes to get a sense of what you're like to manage, then a culture interview for 45-60 minutes, then a 45-60 minute leetcode-style interview, a 45-60 minute system design interview, then another 45-60 minute interview trying to get you know and seeing how you'd be to work with, but from an engineer (this is kind of another "culture" interview). So overall you're looking at ~5-8 hours of interviewing for a single company. Sometimes certain interviews are shorter so I'd say most are in the 4-6 hour range total. I think most of them are necessary as well except the final extra culture interview. the leetcode style interviews BLOW and I hope the industry moves away from them at some point, but no matter what, it's brutal. And to be honest, since these companies are paying anywhere from 300-500k+ for senior/staff engineer roles... I think it's a reasonable tradeoff to have to do some intense interviews lol. It keeps most low performers/lazy people from even applying.

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Fine, I’ll do it straightaway. If your portfolio is less than one million, mid to low level banks will sell you a comically undermanaged fund. If you have between one and five or ten millions, you can go to a private banking branch of a decent bank, then be sold another fund that, at best, would struggle to outperform the S&P. If you have the actual amount of money that is considered “respectful” by the financial industry for a private individual, then you can access actual Financial Advisors that would also struggle to give you doble digit percentages. Absolutely non of the aforementioned would get you any closer to a Portfolio Manager, which only work by managing the portfolios of funds banks and institutions or, speaking about non corporate it’ll be, multi billionaires, family offices, Saudi royals, Tech CEO and the likes of which I hope you belong into if you are realistically looking for a PM.

PD: I can’t find in which part of my previous comment I called you “stupid”.

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I would do puts but look at the estimates. They could make estimates so low that it will be a beat.

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I never agree with that take on debt. When used correctly it is a great tool. As a fire minded person, as long as you mentally can stand it and are smart about jt, taking on low interest rate debt is not a bad thing

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I agree with the general sentiment. I've argued nearly the same point on many occasions. The point I would quibble with is the flat rate of 10%.

Small businesses aren't driving the problem. They hire a few workers, often just friends and family. A small business hiring 5 employees isn't driving the labor market. The businesses that need to be controlled are the ones hiring 500,000. They are the ones setting labor rates throughout the economy.

There's no real call for a business to keep only $3000 of the $30,000 profit it struggled to turn. The 10% number you gave just doesn't make sense for small businesses.

What is needed is a progressive tax rate, with a punitively high top tier. The first $10,000 are tax free; the next $X are taxed at 20%, the next $Y at 25%, 30%, 35%, 40%, 45%, then a sudden jump to 95%.

For most of the 20th century, we had punitively-high top-tier tax rates that kept costs low and wages high. Income disparity wasn't much of a problem until we did away with them.

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Yes you miss out on gains.. The share price can obviously continue to grow in the background. You just don't get distributions, and dividends.

>And finally, your account will miss out on investment returns on the money you’ve borrowed. Although you do earn interest on the loan, in a low-interest-rate environment you could potentially earn a much better rate of return if the money was invested in your 401(k).

>Same question for a regular loan against my portfolio in my brokerage account

I'm not sure what kind of loan you're asking about. The only thing I've been offered in my brokerage accounts is margin debt which I believe can only be used to purchase securities. In that case, yes you continue to receive all benefits of those securities, but you're also paying pretty high interest to the brokerage.

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We will never get below 5% in my opinion. The rate hikes they would have to happen to get down to 5% let alone 2% will be astronomical. Take an aside what it would do to our Konomi in the stock market our allies would never be able to pay back their debts in dollars and would default and would cause a worldwide depression. The Fed will alleviate rates once our allies start to default on their loans and not before is my prediction. It’s very unrealistic that we ever see low inflation numbers again.

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Please note that in order to keep this subreddit a high-quality place to discuss personal finance, off-topic or low-quality posts are removed (rule 3).

We look forward to higher quality posts from your account in the future. Thank you.

If you have questions about this removal, please message the moderators.

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I’m confused your saying the under paid low/middle class consumer demand is not meeting the hyper inflated prices of the supply for expensive purchases? Sounds like a real quagmire only a Ivy League E-Con professor understands and not a simpleton like myself.

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Car prices are through the roof. As are many other things so couches are low priority when large swaths of the country are unsure if they can even pay their bills.

And cruises are cesspools of fungus and bacteria, even if I had money for vacations I sure as hell wouldn’t spend it there and risk staph, diphtheria, etc.

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Apply for Amex platinum. They give anyone with a heartbeat a card.

Not lying but also I would start off slow if you have no credit history/ low credit score.

Store cards (Macys, Best Buy) have more approval odds or do a secure card. Keep using the card and paying it off, 6 months down the line you should be able to apply for whatever you want.

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Exactly! Is it because they don’t really have a solid marketing department and it’s all engineers? I mean not even the crowd there seemed into it cause the production quality was low & the speakers were monotone.

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Ya know…I’m a believer in low-hanging fruit.

That gives me an idea..

People that are experiencing pain & looking for a solution are possibly going to accept social proof. Those who are a tad bit more skeptical might be open to being included in a survey or research for a white paper…

Thanks!

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I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: BYRN.

We don't allow discussion of low market cap (less than 500mm) tickers to prevent pump & dump spam and scammers.

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Well they’re having massive supply problems. They are going to have a terrible q3 report. They pre announced that they are going to miss targets. I don’t know how much is priced in.

My reply here was just trying to point out that they don’t actually have massive debt.

Now - they’re going to need all the liquidity they can get as they are building battery plants EV plants and transitioning from profitable ice vehicles to unprofitable EVs. So they could have some low margin or unprofitable quarters ahead.

My real question for F is how do you deal with dealerships (they just had a meeting in Vegas with the dealers to discuss this) and how do you get the unions to adapt with you to EVs which require less labor. If they can solve those problems (maybe spinning off their EV company so there’s no union labor?) then they should be pretty good.

And of course they need to ramp EV production which they haven’t done yet, but are still in the early stages.

In 2022, Tesla is going to be the most profitable US automaker and F/GM likely will never get that crown back. So they will need to adapt to being #2 in the race permanently.

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IF the euro recovers. I'm European and I'm certainly not betting on that, actually, trying to get my exposure to Euro as low as possible right now.

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>I'm assuming it's low because there isn't much credit history

OP seems to be pretty aware what the issue is. They just don't know what a secure card is.

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With proper timing the worst market can become the best market. I guess we are still a few rate hikes away until a full-stack recession which will inevitably lead to low yields again. So with a bit of patience you may well get the best of both worlds, cheap property at cheap(er) rates.

Until then, I would refrain from investing. No asset class seems secure, even the "eternal" negative correlation between stocks and bonds has shifted.

To answer the question, what do with 125k where I live, I could maybe buy a garage ...

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Do me a favor and watch this: it will explain why paying the fees to have a portfolio manager invest your money is a bad idea.

Next, it sounds like you need a better investing strategy. Luckily, the best investing strategy is simple. Here is the Bogleheads wiki about the three fund portfolio. It’s easy and it will beat actively managed portfolios on average because it involves investing in low cost index funds.

Don’t be a trader. Don’t be a speculator. Don’t be a gambler. Be an investor.

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Buy low sell lower, duh.

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my 'low tier' fsd beta can drive me most anywhere with a 95%+ non interruption rate. You know of a mid tier or higher version i can buy that can do better?

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I can say I invested around 60% of my portfolio from 2018-2020, 30% in 2021, and almost none this year.
(which are all mistakes - I should have spread the 30%, I should invest more money now when the indexes are low, but then I had money and now I don't, that's life, I try to think on the future not the past)

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I was involved in a project to find the low hanging fruit in innovation. The short answer is we live in an infosphere made up of silos. The status quo is making each specialty or profession or discipline 'deeper.'

So the problem becomes one of bridging these deep but narrow silos of knowledge. Should a very smart guy want to look for opportunities, pretty radical ones, my suggestion is look between fields and be a connector of knowledge domains.

It's more likely you would find something more manageable where people are not looking.

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more downside to come. wouldn't touch it until the low to mid 70s. ..Their problems will take more than two quarters to sort out. Having to sell a massive amount of discounted inventory into a looming recession, with other retailers bloated inventories also in stores, means massive discounting, which means terrible margins and negativr brand impact.

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Volatility has two sides downside volatility and also upside. I could see the markets going down further but the valuations for free cash flow generating companies will get pretty interesting, then it take very little to generate good returns; any pause or break in inflation basically.

What has surprised me most this year is the inertia of some companies to change tactics. The poster child for this is Meta. The company generates tons of free cash even with low growth, and what gets lost is that this is despite ploughing (billions) cash into a buyback program that nobody cares about. Why not do something else with the cash, get creative, give a one time dividend, etc, spinoff some divisions etc. The lack of financial action from big tech leads me to believe they are taking one for the team this year.

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i think it's a very tightly coiled spring and a very low entry point for a squeeze play

with russia about to end the world in nuclear fire though, what meaningful difference does it make? inflation is about to come unhinged and drive the price of everything to the moon. so many global catastrophic events are happening simultaneously and we're all just sitting here like the everything is fine dog meme

incidentally to add to my response to the comment that I responded to initially, regarding fireproofing the house because it's on fire, that's actually a legitimate Japanese technique. Burning the boards and then putting them out to give them significantly better fire resistance

https://www.nelma.org/burning-wood-to-make-it-fireproof-the-science-behind-shou-sugi-ban/

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I'm guessing the humidity is low there.

Here it's 60%+ with 30c which is unbearable. We just passed a law that mandates AC as well as heat because the elderly literally die when it's 25-30c.

In any case, I'll live my comfortable live with AC and heat, thanks.

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You are correct.

Two minor additions:

The question of "how we got here" includes one additional dystopian nightmare. With interests low for so long and housing being a "sure bet" it was almost an opportunity cost for institutional investors to not take on as much debt as possible to scoop up extra properties.

Also, I agree that a sharply progressive tax on owning housing is the best solution, but implementing such a thing would need to be done very carefully. One possible loophole would be just breaking up a large property management company into many smaller ones to dodge the tax, while still being under the same umbrella, basically a fake cartel. Enforcement would need a lot of resources.

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Degrees are explicitly not required at the biggest tech companies, and the vast majority of companies don't even consider degrees once you have 2-3 years of experience.

Getting the first job is a big hill to climb, but in a lot of ways the bar is actually very low to get your first developer job. When we were looking for Jr devs the bar was "any proof that you have made any project at all". Once you break into the industry nobody cares about degrees at all.

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For good reasons, FIRE newbies show up consistently asking for help getting started.

What do you think of this as a default response for people just getting started?

​

​

“Here are a few key guidelines to consider: Spend less than you earn—invest the surplus [in low-cost index funds like VTSAX]—avoid debt. Do simply this and you’ll wind up rich. Not just in money.

Carrying debt is as appealing as being covered with leeches and has much the same effect. Take out your sharpest knife and start scraping the little bloodsuckers off. If your lifestyle matches—or god forbid exceeds—your income, you are no more than a gilded slave.

Avoid fiscally irresponsible people. Never marry one or otherwise give him or her access to your money.

Avoid investment advisors. Too many have only their own interests at heart. By the time you know enough to pick a good one, you know enough to handle your finances yourself. It’s your money and no one will care for it better than you.

You own the things you own and they in turn own you. Money can buy many things, but nothing more valuable than your freedom. Life choices are not always about the money, but you should always be clear about the financial impact of the choices you make.”

― J.L. Collins, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life <-- Probably the best starter book for someone new to the FIRE movement

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Well, you may need 2 jobs. Or is your spouse able to work weekends? Income is first priority.

The credit cards are an issue- if you’re already behind, you need to call them and ask for a repayment program. They should be able to cut the interest. You won’t be able to use them, but honestly, you shouldn’t be anyway. Gotta stop the bleeding.

Same goes for the loans. If you can’t sell the car, let the lender know you’re behind and will catch up once you start working. You don’t want a repo. They’re worse than BK

If you file bankruptcy, it clears the slate, but your credit is screwed for 7 years. It’s also screwed if you’re behind and they write off the debts.

What would make you sleep better at night? Your proposed income is honestly too low to carry ANY debt and cover rent, food and especially 3 kids.

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Most? Most big companies do certainly not follow that path. Tesla sold us a soon to be ready "autopilot" many years ago and today it's still a low tier "driving assistance". If it wasn't for their history of empty promises, Id probably be hyped for the robot but from experience I have to assume that AI and $20k price tag are just some random words thrown into a crowd.

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> I gross 200k annually

Based on your salary and the fact you said you have no existing debt or marks on your credit score, banks should be lining up to extend you credit. Even people who just had a bankruptcy discharged get a crazy amount of offers. There's obviously something else going on or the information you're providing isn't accurate.

> Credit karma indicates my score is 635

This is a suspiciously low score for someone who describes themselves as being in "amazing financial shape." The first time you get a credit card, it's based on your financial shape. The fact you keep getting denied and have such a low score means there's more going on here.

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You can adapt to higher temperature to a certain point, it's more comfortable for me to keep a low delta (5°C) between inside and outside temperature if I have to go in/out regularly during the day.

Actually it's the first year I have AC at home, it's very rare here and I never want to go back.

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Anyone who thought or still thinks they are getting student loan debt forgiven is the very definition of a low IQ voter. He’s not forgiving anyones debt. He doesn’t have the power.

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Imagine what this would mean… take it to extreme and make it -2%.

It would be beneficial to delay purchases of ANY kind. The tax collector would not like that.

You incentivize people to spend their money as fast as possible (by having a high inflation), but keep the inflation as low as possible. Does that make sense to you?

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If you look at futures that trades continuously, the previous 5 days were consolidation and it only broke through it decisively on Friday and closed on its low. However the action does not suggest capitulation so most likely Monday and rest of week should still be red.

Or I am just full of shit 🤪

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Some financial gurus have predicted 11 out of the last 5 market crashes. An interesting strategy might be to place low buy limit orders on ridiculously in-the-money calls. Some fool supposedly did something like that with bitcoin a while back... set a buy limit order at like 10,000 under current price and had it filled during a crazy overnight dip. He woke up to a substantial increase in his account.

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Wait…… so you are telling me i want to buy companies when they are low…. then what? Sell them when they are high? Get a load of this guy

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The problem with all property value has nothing to do with the mortgages and solely to do with supply and demand never able to balance out because of mortgages being allowed to compete with income property management as an industry. It's basically monopolistic behavior to buy up all the property that comes available and drive up rent unnaturally.

It's easier for monopolies to form when barriers of entry are unnaturally high and the production rates are naturally low. Both of these things are true of home production and real estate in general. That's why land is considered the best investment. But the problem is that home ownership is considered the most important investment for a family and not building equity is a double whammy on income potential for any individual without a home.

So when you see that zoning laws, construction practices, NIMBY mentality, and only the most profitable (not most useful) buildings being built are all compounding the housing shortage you know that people will be priced out.

It's no coincidence that the housing bubble made the rich richer than ever and the mortgages went through the roof. All the capital chased the houses and now home ownership is extremely low, while the number of people with dozens of rentals properties are at all time highs.

The solutions that we have used to combat these problems in the past have always been to lower the barrier of entry with federal assistance programs. The problem is those will no longer work.

Local governments have far too much power over construction practices and that's unlikely to change.

The best solution is to employee Nash style economic incentives to prevent investors from getting in the way of home ownership for the purposes of living and as a primary investment. The only fair way to do this is quite simple. Taxes.

Sin tax the investment value of home ownership in a progressive manner.

Own a home or two and you are taxed at normal property taxes. This allows to own a home and even a vacation property without any additional tax burden. Rent out properties and it's an investment and you can own a certain amount of those with a small tax increase with each home, or even with total square footage of all property owned.

Use economics to determine the best rate increases to correspondence to the intended effect. This allows people to own a home, a vacation property, and even investment properties and live off of rent alone... But never get truly wealthy off of it. People could still purchase and rehab homes in small numbers for real estate investment income and either take on the risk of added taxes or do it in smaller scale.

You can make allotments for certain types of larger scale dwellings such as apartment complexes so someone could choose to sell off several houses and upgrade to owning a complex instead at the same normal tax rate. This still encouraging building high density residential in order to accomplish more income and encourage better landlords to service the most people possible.

The trick is it has to scale quickly and nearly exponentially after a certain point to completely discourage the tax rate to be passed along to renters and force people to sell their property on the open market.

Do this correctly and overnight you would see people who own millions of dollars in rental properties have to sell their houses at the same time. The artificially inflated cost of the houses and rent would crash overnight while simultaneously generating more tax revenue which could be used in countless positive ways to stimulate the economy to balance out the vanishing inflationary capital created by the bloated industry.

With houses falling in value st record rates you lower interest rates back down to an economically feasible level and the houses will be bought by all the people who desperately were looking to own but can't afford it due to low pay and inflation.

In a few months all of a sudden you would see a spending boom unlike the world has ever seen as people who were poor are now spending money fixing up homes and buying furniture and such. This will cause inflation in those markets and some more short term instability in the economy but at this point banking would recover.

Obviously home equity would also nosedive but the market would find new equilibrium and with it all investment spending would eventuality return to an adjusted normal with healthier competition. The policy would prevent any future capital accumulation based bubbles from forming and the goal would be to fix the other problems in the meantime.

10 years on and people who never could afford a new car or a trip would be able to take a home equity loan out and then the economy would once again reach new highs.

A necessity of life would have inflation reduced dramatically and the knock on effects would allow more people than ever to reach the middle class. It would be like 50s America again.

As for the real estate tycoons, they would have to take their money from selling their properties and put it back into other investments such as stocks and bonds and encourage growth in productivity.

It's a win for everyone except those who contribute nothing to society but threatening families with evictions from the houses, they are paying for indirectly.

You can even make a program where the home renters can choose to assume the mortgage directly if both parties agree to cushion the blow to the market.

This is absolutely the best thing any government could possibly do. The federal government can 100% create a federal tax based on this and compound all property taxes in the same way they taxed not having health insurance. It would likely be challenged but it would potentially solve all the real estate issues.

You could leave industrial and commercial rental out of it, but I wouldn't as all the empty strip malls could stand rate adjustments as well.

You have to make it economically more reasonable to lower rent rather than leave a place empty and survive on rate hikes. Otherwise homeless rates will only skyrocket.

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This was all the hype for? First the cyber truck. And now this? I think Elon needs to stop trying to be Apple with these presentations.

Also, I thought these were supposed to start replacing people in factories.. I've worked in warehouses and factories before, if I walked as slow as that, I would be fired on the spot for low productivity.

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A strong treasury bond market supports the stock market because of low interest rates. Since the bond bull market began in the early 80s, the stock market has benefited from the decreasing treasury yields. Look at every stock market bottom of significance. Treasury bonds rally first which create the low interest rates for which stocks do well in. TLT the treasury bond etf just hit new 52 week lows on Friday. This is a major problem for basically every risk asset and is pushing up the US dollar as a result.

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Typical Bear market cycle, rally beginning of the quarter and make new low end of the quarter (March-June-September) until some good news coming or speculating, in my opinion for this cycle we should start relief rally from oversold low in middle of next week regardless the news, relief rally is usually between 9% to 20% depending on the economic atmosphere, beside recession everything is priced in at this point, (weak earnings, rate hikes, economic data…Etc)

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Okay? So your answer to this is to tell people to time the market?

You can’t be serious? The argument is invalid as you don’t know the best and worst days…….. news flash no one did which is why we don’t have records of anyone calling them lol

Basically my strategy can be applied yours can’t do arguing in its favor at best is gonna make someone buy high sell low, in the name of missing those worst days

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‪It’s typical Bear market cycle, rally beginning of the quarter and make new low end of the quarter (March-June-September) until some good news coming or speculating, in my opinion for this cycle we should start relief rally from oversold low in middle of next week regardless the news, relief rally is usually between 9% to 20% depending on the economic atmosphere, beside recession everything is priced in at this point, (weak earnings, rate hikes, economic data…Etc)

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It’s 2022, everything that made money during the pandemic is down. You can see Amazon, target and Walmart having tons of over inventory and giving steep discounts.

Not only the inflation part, but just that consumers changed their buying pattern.

So dropshipping is not dead, it’s just gone back to pre 2020 levels but with a lot more competition as ex low wagers jumped into e commerce biz and flooded the market.

And now w/o supply chains issue like back then, folks don’t want to wait for Chinese orders shipping. And well, now Amazon took a big chunk of dropshipponf market as well.

Plus everyone is dumping all their pandemic era purchases in eBay for cheap (for those type of products).

It’s still viable but numbers will not be the same as it once was during the pandemic.

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I agree. Harley was smart to spin this away. HD riders will buy HDs and others will look at Livewires IF they keep the price affordable. I'm in it for the super low float, believing it will rocket next week

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I’m down 2% over the past year. I’ve picked low P/E stocks and have avoided almost all tech stocks save MU (cost basis of $55). My largest holdings are TECK, WFG, and XLP.

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Kek's are likely to shake-out the pandemic low. Also, everyone and their mothers are waiting for the fed to pivot.....

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I pretty much rebuilt that lazy rebalancing calculator so it only takes me a minute to see what I need to do.

My thought process is, when the market shifts and my bonds grow while my stocks drop, aren't I selling bonds when they are high and buying other assets when they are low?

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i would suggest either government fixed income instruments or CDs. your yield may be low, but the principal would be safe. CD are taxable, and if you withdraw early, the penalty is on the interest, not the principal

good luck

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This is definitely a low key brag. Having high taxes means you have massive gains. A lot of us have carryover losses that would last the rest of our lives

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Rule of thumb my professor told me is, as long as there is money flowing in (QE, low interest rates) you shouldn't worry about crashes.

As soon as the money machine stops (rising rates, QT) you should be careful.

And it's exactly what happened now again so I started selling most stocks around last year.

It is what it is, but the time to invest is now, not when everything's going back up. You have to become immune to emotions.

I expect more downward movement though

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Hmmm... I didn't think of this perspective. I mean, I understand that lower rates allows businesses to invest in themselves, but I didn't think about how that would drive up real estate investments. No wonder why I was competing with 10-20 other offers when I was trying to buy my home. I know supply is low, but I bet some of those people were looking for places to eventually rent out.

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Best way to trade spy is watch the biggest holdings of it for SPY and read their news each day and have the charts pulled up. Have to watch the market calendar and know what the market data will do to SPY for the first half of day. Example low unemployment numbers is temporary bearish because that means feds still have to be aggressive with rate hikes and market will prove that in. Practice guessing SPY direction based on data that usually comes in at 8:30am and 10am. Just Google market calendar and this market better for scalp trading and not swing trading. Can join our free discord too as we trade spy a lot.

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Fear is a big thing.

We're coming out of a bull market where greed was the main driver. Now we're in bear territory, and it's fear that rules. The combination is what makes most retail investors buy high and sell low.

So the advice is to not be like the rest. But most people can't do it. Our emotions are stronger than our rationality. Only people who can be calm when their investments tank 20% (or more), can stick with it in a way that actually leads to profit.

This is, incidentally, also why the dollar cost averaging methodology (applied to etf's) works better for most people: set it, forget it and don't look at it - has the result that emotions don't get involved.

Long term this works better than panicking when things go down and greed when things are super expensive.

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Im sorry I just think its peak stupidity to constantly compare the current issues to a crash that was solely due to systemic issues within the financial system.

The only way these events are similar is the fact that they are recessions and the market is tanking.

There are no capitalization risks in banks, leverage is pretty low, and unemployment is at near record lows with millions of job openings in the market.

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Man we gonna need some universal income for the POORS with tesla bot

Or men with low skills it’s gonna get a lot worse for em

Those of making making 90k or less

Can easily be replaced

Then again

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Medium low risk uso jan 2023 70c Medium high risk uso april 2023 80c

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Here is the thing, I think while the world transitions to ev, every manufacturer will sell everything they can make. The thing with Tesla is, that they can make way more cars, way faster, for way cheaper. They have way way way higher margins. Every single OEM is losing money on their EV's right now. Their cash cows are their already low margin ICE cars. So what will happen to them if they sill a ton of EV's? They will kill cannibalize their own cash cow for a product they lose money on. Things aren't pretty for any of them.

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For very low hassle and very liquid (few days for transfers) government money market funds. For example SPAXX in fidelity for 2.5% yield vs savings account of retail bank of approximately 0.0%.

3.3-3.9% CDs at 3-6 months but that is not liquid.

Treasury bills are liquid if you don’t mind the interface via brokerage or treasury direct.

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I had this (but it was a Discover card) as my first credit card. It started with a crazy low limit -- like $200 or something. I'd just pay it off early if I used it to buy anything except coffee etc.

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The problem is that part of the “silliness” is also that there are also really good companies with really strong earnings that have stupidly low valuations because they are being dragged down by the selloff. The market needs to go back to the basics and relearn how to value companies.

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If it makes you feel better, people that have more money in the market can be down more in absolute dollars than you right now.

Hold the course, my friend. Also, try to feel better about any money you can put in now when it's so low.

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nah it was shit regardless of how low budget was

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Vix has been low this selloff despite the equity vol because there have been a ton of put protection holders rolling every quarter. If that program goes away vix will remain elevated for a significant period of time

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It's promising everyone the economy will grow indefinitely and there will never be any pain. It's saying that inflation is too low so there's no choice but to pump up asset markets. It's central banks taking responsibility for something they can't control.

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Congrats on the site and business! I’m not sure if you’re open to feedback, but wanted to give you two pieces of it.

When you’re able, I would encourage you to get some models who are different sizes and races on the site. Your message of wanting women and men to celebrate who they are through fashion is fantastic and definitely resonates with a lot of people in this market. But the message rings a little hollow when every model is thin and white.

Also, I would raise your prices, depending on who your ideal customer is. “Couture” makes me expect higher priced items, but all of your items are very low priced and suggest fast fashion. You could raise the price, and then offer coupon codes through email capture as a way to build your audience.

Really wishing you the very best of luck on this venture.

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bear marked will continue for month. it already broke the 52U low. Bulls are delusional

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Recent Tweets
Bought $EPD, $SBUX, $JPM, $LOW, $MO, $ET yesterday and that put my PADI @ $10,046.00!!! EXCITED about reaching that goal. By Jan 31st 2023 I want to receive $500 a month in dividends each and every month!!!
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$LOW - https://t.co/wtapdlrCPO - I've Invested $1.6 Million Into These 12 World-Beater Blue-Chip Bargains
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Who thinks $HD & $LOW will be yup from huricane repair sales?
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$HD $LOW - FEMA Chief Says Damage From Hurricane Ian Will Be Catastrophic, may benefit Home Depot and Lowe's.
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Whole lotta u little bit of me. hella LOW playing $low out the way ya know what I mean
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Probably too soon But looking at the FL footage makes me think 2 things: Get long $HD and $LOW And Materials prices/labor are going to get a lot more expensive
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I'll have $LOW, $CVS, and $VZ going ex-dividend in October. Life is scary, but I think they'll still be here in 5 years.
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$low. A+ setup. Calls over 196. Next week expiry. Tgts marked by arrows. And price can move every quickly. Mark alerts. Don’t wanna miss out. #swings https://t.co/txLkjhZ2O2
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Hurricane Ian Hits Florida; Home Depot Stock, Related Retailers Surge $HD $GNRC $LOW https://t.co/PTOlyppYOz
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$LOW Rising Price and Volume Daily appearances since 2010: 145 Close 5 days later ±: Avg: 0.08 SD: 3.86 Worst: -17.87 Best: 12.12 10 days later: Avg: 0.54 SD: 5.65 Worst: -21.23 Best: 15.31 30 days later: Avg: 2.74 SD: 8.81 Worst: -23.91 Best: 31.24
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$HD $LOW Bullish Relative Strength all Day Hurricane stocks
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WELLS, on #Ian: We see "potential $HD / $LOW comp lift at +40-50bps in Q3 .. While hurricanes can present comp tailwinds,.. hurricane-related sales typically present gross margin headwinds,.. retailers .. incur higher costs.. that may limit (or offset) any potential margin"
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Oppenheimer Research Analysts Boost Earnings Estimates for Lowe’s Companies, Inc. $LOW https://t.co/tZuv7JdeiU
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Clearance shelf is overflowing with dead inventory at $LOW. Picked up a 17lb bag of bbq pellets for $4!
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