econoBlogger

Personal Finance | Investing | Economics | Policy | Opinion

[econoBlogger @theEconBlog]

@HayderTrader I definitely take on higher risks than I would advise others to. I probably shouldn't be swinging this much this often with my portfolio size yet lol.

You will get there soon! Sometimes it just takes one or two key moves, but make sure you have your risk in control.

[econoBlogger @theEconBlog]

A decade ago my heart sank the times I saw my portfolio reach a 4 digit decline.

Today it's more common than not to see my portfolio swing more than my monthly salary in just one trading day.

But it swings both up and down so I still need to keep working.

[econoBlogger @theEconBlog]

@WallStreetApes You'd think if they were to burn it all down to build anew, they would at least do it to cull the weak and build it efficiently. But instead they want to establish a system of even more degeneracy and corruption.

[econoBlogger @theEconBlog]

@HayderTrader I still get a bit of the feeling, I think it's hard to lose it entirely. My portfolio moved over a years salary a few times these last two years during the dips and rallies. And it is not comparable to how bad it felt a decade ago.

[econoBlogger @theEconBlog]

Not this day and age. The degree not only cost so much money, but the earnings forgone from the time not working, or just the burnout from trying to balance both work and school, and it's no guarantee. Let your experience and personality speak for you. Plus you have to allocate time for family too.

[econoBlogger @theEconBlog]

@BoomerDivvies Almost anything but humanoid, so many inspiration from fiction.

[econoBlogger @theEconBlog]

@BoomerDivvies Success has positive correlation with success.

[econoBlogger @theEconBlog]

@b_co_co I'm sure this was worded intentionally for sensationalition. Just to sound crazier and a kind of deceptive way to say that the company with the most cash has more cash than the net worth of 475 other companies, which would just be statistically expected.

[econoBlogger @theEconBlog]

No they cannot.

If they start from the smallest companies they would acquire about 70-80 of them.

Or they can acquire Bank of America, which is in the top 25 and run out of money for anything else.

And they are in the S&P500 themselves and would only be able to acquire 1/3 of themselves.

[Kalshi @Kalshi]

JUST IN: Berkshire Hathaway has enough cash to acquire nearly every company in the S&P 500

[econoBlogger @theEconBlog]

@b_co_co Haha at 95 I wouldn't wait at all, but that's why I'm not a billionaire like Buffett

[econoBlogger @theEconBlog]

@JimChuong These people seem to think their vision of lifestyle is the end all be all for everyone.

[econoBlogger @theEconBlog]

@SteveOnSpeed @jeremyct Yes it is, but mostly just because living in Africa is bad regardless income.

[econoBlogger @theEconBlog]

@coreyhoganyyc That's that median average, with the mean average the US is almost double the wealth of Canada.

[econoBlogger @theEconBlog]

@JamesP728 That last sentence is crazy. They better have restricted those to limit orders only otherwise I can see lawsuits and the SEC getting involved after.

[econoBlogger @theEconBlog]

@BoomerDivvies The US has a higher health gap for the same reason they have higher wealth gap. Personal choice.

[econoBlogger @theEconBlog]

@Stealthct_Storm The other major hubs generally have smarter people working longer hours than here. But we are definitely getting shafted by higher taxes though.

[econoBlogger @theEconBlog]

Canadian banks are killing it, but the gap between the banks and everyone else can get significantly wider.

Working in with partners in London and Hong Kong, I can tell you those two cities pay significantly higher salaries than in Toronto in the finance industry.

Yet at the same time those same two city's GDP per capita and average salaries are at best on par or lower than Toronto's.

[Jin Jung @JinJung]

Canadians are losing their home.
While banks are hitting record profit.

🇺🇸Banks:

Offers 30 years locked rate.

🇨🇦Banks:

Offers only 5 years locked rate.

Which will you prefer?

[econoBlogger @theEconBlog]

@SteveOnSpeed Living near a cruise port certainly helps cut down that cruising expense!

[econoBlogger @theEconBlog]

@RoaringHammy Don't forget that $1m mortgage is on a 2 person combined salary of $200K and comes with a three hour daily commute to work.

[econoBlogger @theEconBlog]

@rand_longevity What happens to all those quarterly pizza parties after record breaking earnings?