Is the stock market going to tank?

[LeeLau]

There are now no more borrows on the China coffee stock scam LK.

There are still no borrows on the China coffee stock scam

Borrowers seized 76M of the ADRs which was pledged as collateral for loan to chairman. Stock halted

There's been a plethora of COvid stock scams. Here's a good one https://www.squamishchief.com/pot-an...ATIrOkXwN0sUK4

[bennymac]

motley fool now pumping Cci reit - cell towers reit

[Timberridge]

Rich old Boomers?

Though he's technically not rich by his own standards, take Benny as a prime example of that generation.

On a fixed income, two cats with an occasional gf he meets on Silver Singles.

He's so angry and depressed right now, he can't see straight. Add in the additional stress that if he catches the virus before they come up with a reliable vaccine his ass is toast. I don't see a bunch of Benny's pulling us out of this.

[BmillsSkier]

motley fool now pumping Cci reit - cell towers reit

Aren’t they suspect to burst into flames?

[Ted Striker]

motley fool now pumping Cci reit - cell towers reit

I'm looking at UKFG. It's a reit 100% comprised of 5G towers in the United Kingdom. Can't lose!

[skaredshtles]

Though he's technically not rich by his own standards, take Benny as a prime example of that generation.

On a fixed income, two cats with an occasional gf he meets on Silver Singles.

He's so angry and depressed right now, he can't see straight. Add in the additional stress that if he catches the virus before they come up with a reliable vaccine his ass is toast. I don't see a bunch of Benny's pulling us out of this.

Well, I was thinking more along the lines of rich Boomers buying the farm and passing all those $$ to their Millennial heirs who will buy Sprinters and Whiteclaw. Keeping the economy alive.

[Timberridge]

That's the hope.

[ncskier]

Well, I was thinking more along the lines of rich Boomers buying the farm and passing all those $$ to their Millennial heirs who will buy Sprinters and Whiteclaw. Keeping the economy alive.

There is technically a breaking point for sure. I mean even henry ford learned that lesson when he paid his workers enough to buy his own cars. It was good for his own business. unfortunately it will be a race to the bottom though.

[Kevo]

Here's a history of unemployment in the US-


...and yet the stock market goes up.

[BmillsSkier]

That's the hope.

What do us GenXers get if the Millenials get Sprinters and White Claw?

[LeeLau]

Aren’t they suspect to burst into flames?

I am awed when researching REITs. They're definitely a business model for another time. Borrow cheap liquid short term. Buy illiquid long term. Make %age on the interest rate arb. Hedge the interest rates. PROFIT

At least till the short term borrowings become not so liquid. And the interest rate hedges go bad. It's like LTCM all over again. What's that book again?- When Genius Failed

[Ted Striker]

What do us GenXers get if the Millenials get Sprinters and White Claw?

A fairly extensive collection of German industrial music dance mix EP records, stored for even further embarrassment under a box of crumbling Christmas tree ornaments in a Portland, Oregon basement.

[Timberridge]

Hyundais and Corona light.

[El Chupacabra]

A fairly extensive collection of German industrial music dance mix EP records, stored for even further embarrassment under a box of crumbling Christmas tree ornaments in a Portland, Oregon basement.

You may forward me all your unwanted Einsturzende Neubauten, KMFDM, DAF, Die Krupps, etc...

[LeeLau]

CCL update

NCLH and RCH will have to do a raise

I'll cover CCL soon. That $8 is the commons price and they reduced size of offering so not as dilutive

The convert is 1.575B and converts at 10. So any stock movement over 10 can be shorted by convert holders

CCL went to the moon on the news of the Saudi stake. But the Saudi stake in their 13G filing shows they bought in the range of 14- 16 so has little relevance to common shareholders.

Shorted a bit at 12s. Hedged with (expensive) calls. I like to think I'm selling alongside the converts which have an impressive profit already.

[BmillsSkier]

A fairly extensive collection of German industrial music dance mix EP records, stored for even further embarrassment under a box of crumbling Christmas tree ornaments in a Portland, Oregon basement.

So, next to the Decemberists albums? Got it.

Hyundais and Corona light.

We should all be so lucky.

[Ted Striker]

You may forward me all your unwanted Einsturzende Neubauten, KMFDM, DAF, Die Krupps, etc...

It's a quote from Generation X: Tales for an Accelerated Culture, but I'm pretty sure my brother still has all of his industrial vinyl. I think it would be a cold dead hands situation though.


eta: but if he gets the covfefe, you'll have first dibs.

[ncskier]

Here's a history of unemployment in the US-


...and yet the stock market goes up.

don't fight the Fed?

[m2711c]

$250,000 right now or $704 a month for the rest of your life?

[4matic]

$250,000 right now or $704 a month for the rest of your life?

https://www.calcxml.com/calculators/...-my-money-last

[ncskier]

$250,000 right now or $704 a month for the rest of your life?

Age is a factor and do you want to leave anything to an heir?


Sent from my iPhone using Tapatalk

[m2711c]

55 and no heirs apparent.

[4matic]

don't fight the Fed?

Population growth and interest rates

[liv2ski]

55 and no heirs apparent.

Buddy, what about us?

[ncskier]

55 and no heirs apparent.

I'd lean toward the lump sum for two reasons. I assuming you have other saving and SS and this amount is not indexed to inflation.
1) If you are disciplined and invest even somewhat conservatively in something like TIPS. Even with a 4 % withdrawal per year, you could get $10k a year out and still possibly retain the $250k to leave to a charity or a friend assuming you never use it for anything else like a roof or car.
2) I don't know who manages this assumed pension, but I have seen them go broke and benefits cut even with the backing of the Pension Benefit Guaranty Corporation.