Home Mail Discord Chat
Go Back   ChiefsPlanet > The Lounge

Reply
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $26984
Personal finance and investing megathread extravaganza

I know lewdog (and maybe others) have mentioned the desire to have a place to chat about personal finance stuff. We'll see if there's enough interest to keep this going in the long-term, but at least for now, here's a place to chat about whatever personal finance topics come up.



If you're just getting started thinking about saving and don't know where to begin, this flow chart can help. Ask for advice in the thread for more help!

Last edited by DaFace; 01-24-2018 at 03:49 PM..
Posts: 43,016
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
  Reply With Quote
Old 03-25-2020, 07:35 PM   #4276
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $6969
Quote:
Originally Posted by Discuss Thrower View Post
ES futures are up for whatever reason.
Aaaaaand now they plunked.
__________________
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 30,986
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
    Reply With Quote
Old 03-25-2020, 07:48 PM   #4277
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $54164
Quote:
Originally Posted by Buehler445 View Post
Yeah. Iím pretty sure everybody would be all for rolling with the virus if unemployment even got to 15%.

Think about what 30% would look like in 6 months. 6 Months is just shy of October. Yes. The top of that chart is 11% Do you really think dudes will be cool with quarantine for The rest of spring, all of summer and most of fall?

I donít.
People are already getting tired of it

Thereís no chance it wonít burn people out on it
Posts: 64,681
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
    Reply With Quote
Old 03-25-2020, 08:15 PM   #4278
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $6969
Quote:
Originally Posted by Buehler445 View Post
Yeah. I’m pretty sure everybody would be all for rolling with the virus if unemployment even got to 15%.

Think about what 30% would look like in 6 months. 6 Months is just shy of October. Yes. The top of that chart is 11% Do you really think dudes will be cool with quarantine for The rest of spring, all of summer and most of fall?

I don’t.
2008 was the "top" of the economy partially collapsing down on other parts which were faltering or susceptible to failing. It was a runner in a race in ill-fitting shoes and then pulled both Achilles' trying not to blow its kneecaps out.

In this case, the economy as a runner is on PEDs and running at a speed it shouldn't physically reach wherein it crashed into wall that is an indefinite lockdown thanks to the ChiCom Cough.
__________________
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 30,986
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
Thumbs Up 0 Thumbs Down 2     Reply With Quote
Old 03-25-2020, 10:45 PM   #4279
Buehler445 Buehler445 is online now
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $44834
Quote:
Originally Posted by Discuss Thrower View Post
2008 was the "top" of the economy partially collapsing down on other parts which were faltering or susceptible to failing. It was a runner in a race in ill-fitting shoes and then pulled both Achilles' trying not to blow its kneecaps out.

In this case, the economy as a runner is on PEDs and running at a speed it shouldn't physically reach wherein it crashed into wall that is an indefinite lockdown thanks to the ChiCom Cough.
Yeah maybe. Iím way out of my depth because I havenít paid attention to Any of the economic indicators for a decade. Accordingly I donít have any idea what condition different sectors are in.

A few things are different. 08 was mostly a liquidity problem then the automakers went to ****. But it appears that the government is unwilling to let a liquidity situation exist here. The liquidity problem was because the banks ****ed themselves on the dumbass mortgage backed security debacle. One would HOPE the banks arenít operating with similar ****tardery propping up their equity statements.

The other thing with the mortgages is when everything went to **** massive swaths of the population became immediately insolvent because of 0 equity loans on their house that were then devalued. My understanding is 0 equity loans donít exist anymore so hopefully that wonít happen again.

But the liquidity problem was weird. Businesses (including the one I was working for) couldnít get revolving credit so everything ground to a halt real quick. The. When they could get it it was ****ing expensive despite low fed funds rate. So that kicked out projects and expansions and shit. It seems like theyíre sensitive to that. So that too is unlikely.

Then the automakers disaster accounted for a lot of unemployment numbers that year. Fords not great. Airlines are going to have layoffs. Boeing is eating ass. But Iím not sure I see the massive industry wide catastrophes happening here. Well maybe cruise lines.

Now, I agree that the growth was unsustainable and the national debt as a % of GDP most certainly is. Debt numbers arenít to a watershed yet IMO. And if things donít grind down for multiple months like they did in 08, I donít see massive cascading failures. Thatís why I said theyíd roll with the virus over wrecking the economy if it goes on too long. And if weíve found a bottom and start working up i think you can reasonably say that retraced the unsustainable moves and the economy can be back in balance.

And as far as criminally stupid stock prices I donít see anything as irresponsible as the .com bubble.

I just donít see 30%. Like I said I havenít paid ****all for attention in a decade so I could be missing massive data points. But WTF do I know? Iíve just been hearing about this shit forever. The economy is always in the edge of tanking.

In fact, this guy did some pretty good work on seasonality in grains so I had lunch with him. He brought this client with him that he had advised to invest heavily in metals. So this ****lehead sold his combines and a binsite and used all the proceeds to buy gold and silver and was considering not buying any corn or bean seed and buying metals instead of putting a crop out. Because goddamn the world was going to end. Right ****ing now. I canít remember if it was the top or if there was another leg up, but it was close. I tried to be nice but Iím sure it was all over my face that this ****lehead is ruining his life over some Fox News commercial bullshit. My god man.

Bottom line there is always some ratio or indicator or analysis or what the **** ever that says the worlds going to ****ing end; stock market is going to fill some ridiculous gap at 900 or some shit, the last time so and so did this 9 months later we had 20% interest, some ****ing lunar cycle says we are due for a world war, If you put the Dow on this here perspective it looks exactly like the 1637 tulip bubble, sunspots are going to cause a famine, the moon is liked up in perfect correlation to this dudes asshole When he bangs a hooker thatís going to wreck the currencies.

So I could be all the way wrong, but Iíve heard an awful lot of noise and Iíll probably look at projections of 30% unemployment with a bit of skepticism. Iím not trying to be a dickhead, but 30% seems pretty wild with unemployment where we are now and other than Boeing and some cruise lines, there isnít anything I see that is unreasonably unhealthy.
Posts: 43,273
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 04:27 AM   #4280
scho63 scho63 is online now
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $2500
What part of the roller coaster are we on today?
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~


2018 2019 Adopt a Chief - Clark Hunt and Brett Veach
"The men who drafted Patrick Mahomes"


Posts: 26,841
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 03-26-2020, 05:13 AM   #4281
ChiliConCarnage ChiliConCarnage is offline
TACO SALAD
 
ChiliConCarnage's Avatar
 

Join Date: Apr 2008
Location: yes
Casino cash: $18568
Quote:
Originally Posted by Buehler445 View Post
So I could be all the way wrong, but Iíve heard an awful lot of noise and Iíll probably look at projections of 30% unemployment with a bit of skepticism. Iím not trying to be a dickhead, but 30% seems pretty wild with unemployment where we are now and other than Boeing and some cruise lines, there isnít anything I see that is unreasonably unhealthy.
The 30% number was quoted by the Treasury Secretary if Congress did nothing. Itís a high number pulled out of his ass to put pressure on Congress to get something done.

It looks like we have a plan but I think we'll still see a lot of unhealthy companies collapse. 4 mortgage REITs defaulted a few days back. They aren't going to be able to give every restaurant, cinema, etc. shut down right now a loan. Winsteads went under recently

It'll be interesting to see, will people go right back to the movies or other activities the moment this ends? I'm not so sure. Though, I think it helps kids aren't as susceptible from a fear perspective.
Posts: 4,272
ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.
    Reply With Quote
Old 03-26-2020, 05:30 AM   #4282
Buehler445 Buehler445 is online now
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $44834
Quote:
Originally Posted by ChiliConCarnage View Post
The 30% number was quoted by the Treasury Secretary if Congress did nothing. Itís a high number pulled out of his ass to put pressure on Congress to get something done.

It looks like we have a plan but I think we'll still see a lot of unhealthy companies collapse. 4 mortgage REITs defaulted a few days back. They aren't going to be able to give every restaurant, cinema, etc. shut down right now a loan. Winsteads went under recently

It'll be interesting to see, will people go right back to the movies or other activities the moment this ends? I'm not so sure. Though, I think it helps kids aren't as susceptible from a fear perspective.
Fair enough
Posts: 43,273
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 06:19 AM   #4283
Strongside Strongside is offline
Mahomes or GTFO
 
Strongside's Avatar
 

Join Date: Feb 2012
Location: KC
Casino cash: $24382
Quote:
Originally Posted by scho63 View Post
What part of the roller coaster are we on today?
The down part.
__________________
Posts: 12,802
Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.Strongside is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 06:20 AM   #4284
lewdog lewdog is offline
KC Chiefs....so much lol
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $62000
Quote:
Originally Posted by Strongside View Post
The down part.
Got any more IBIOs?
Posts: 37,657
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 07:59 AM   #4285
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $6969
__________________
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 30,986
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 08:02 AM   #4286
Buehler445 Buehler445 is online now
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $44834
Quote:
Originally Posted by Discuss Thrower View Post
I jinxed that shit with last night's post LOL.
Posts: 43,273
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 08:07 AM   #4287
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $6969
St. Louis Fed calling 30% unemployment by June.
__________________
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 30,986
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 08:12 AM   #4288
Buehler445 Buehler445 is online now
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $44834
Quote:
Originally Posted by Discuss Thrower View Post
St. Louis Fed calling 30% unemployment by June.
I'm still guessing they take their chances with the pandemic as opposed to taking their chances with a depression.
Posts: 43,273
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 08:22 AM   #4289
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $6969
https://finance.yahoo.com/news/coron...144116518.html
__________________
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 30,986
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 08:26 AM   #4290
Hammock Parties Hammock Parties is offline
Paterminated.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $577
Quote:
Originally Posted by lewdog View Post
Got any more IBIOs?
IBIO has more or less stabilized in the 1-1.2 range.

I think it's time to buy back in and wait for the big jump.
__________________
Chiefs game films
Posts: 219,460
Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.Hammock Parties has an IQ even higher than Frankie's.
Thumbs Up 0 Thumbs Down 1     Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 10:33 PM.


This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2020, vBulletin Solutions, Inc.