Discussion ***Official*** 2022 Stock Market Thread

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Dec 10, 2005
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I picked up some Series I bonds in lieu of a 1-year CD for some extra cash I have sitting around but didn't necessarily want to dump into my index funds at the moment. The interest rate, even if it only lasts for 6 months, is hard to beat for any other safe investment.
 

Torn Mind

Lifer
Nov 25, 2012
12,046
2,763
136
I guess that they're running out of rich suckers to buy their overpriced exercise equipment?
Rich people who would spend a gajillion on a bike with “interaction” but can’t get motivated to pursue a goal like being able to do 150 reps of push ups with no break.
 

repoman0

Diamond Member
Jun 17, 2010
5,191
4,570
136
Came here to lol at PTON, too late it seems.

Rich people who would spend a gajillion on a bike with “interaction” but can’t get motivated to pursue a goal like being able to do 150 reps of push ups with no break.

Push-ups aren’t really comparable to cycling …
 
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Torn Mind

Lifer
Nov 25, 2012
12,046
2,763
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Push-ups aren’t really comparable to cycling …
Other people's problems I guess. I got athlete's genes so I have no worries about weight gain and the baggage that comes with it unlike the rich piggies who need to buy a bike with extras. Only thing that I need to obtain are strength and endurance.
 

repoman0

Diamond Member
Jun 17, 2010
5,191
4,570
136
Other people's problems I guess. I got athlete's genes so I have no worries about weight gain and the baggage that comes with it unlike the rich piggies who need to buy a bike with extras. Only thing that I need to obtain are strength and endurance.

Bad news then, push-ups won’t help you with strength. But you probably know that, aren’t you like 120 pounds? I’d lose muscle mass quickly if I wasted time on push-ups. Just a rich piggy I guess with two grand worth of squat rack and another two grand peloton in the other room :)

Fiancee has really been enjoying the Peloton for training over the winter cold months. She’s doing a 192 mile two day charity ride this summer for the second time.

Doesn’t mean they’re capable of actually making money. Betting on more Americans exercising is never a good idea.
 
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AdamK47

Lifer
Oct 9, 1999
15,675
3,529
136
I suspected Netflix not doing well when they conveniently raised prices right before their earnings report. It did little to sooth concerns.
 

Charmonium

Lifer
May 15, 2015
10,364
3,425
136
I picked up some Series I bonds in lieu of a 1-year CD for some extra cash I have sitting around but didn't necessarily want to dump into my index funds at the moment. The interest rate, even if it only lasts for 6 months, is hard to beat for any other safe investment.
you might want to look into municipal (muni) bonds. These are usually free of state, federal and local taxes. It's a good way to fluff up their yields. I haven't looked, but I have no doubt that there are multiple mutuals and/or ETFs that would serve this purpose. And if you're worried about liquidity, ease of access, etc - probably one or more specific to your jurisdiction.

Of course there is significantly more risk but from my personal point of view, it's not unlike the difference in odds of dying in plane crash vs. being hit by a meteor/meteorite.
 
Dec 10, 2005
27,930
12,478
136
you might want to look into municipal (muni) bonds. These are usually free of state, federal and local taxes. It's a good way to fluff up their yields. I haven't looked, but I have no doubt that there are multiple mutuals and/or ETFs that would serve this purpose. And if you're worried about liquidity, ease of access, etc - probably one or more specific to your jurisdiction.

Of course there is significantly more risk but from my personal point of view, it's not unlike the difference in odds of dying in plane crash vs. being hit by a meteor/meteorite.
I already hold a fair amount of VMATX - Massachusetts municipal bond fund - for it's double tax free earnings as a Massachusetts resident. I didn't want to add more to that, and though the dividends are good, the Series I bonds right now will make as much as that fund puts out with just a fraction of the capital.
 
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AdamK47

Lifer
Oct 9, 1999
15,675
3,529
136
I'm hoping I can get through the continued dips until next week when the fed meeting happens. It should remove the uncertainty that markets truly hate.

I do have a stop limit on a good chunk of VTI. 700 shares at $220. If it happens, it happens. I have much more currently exposed to this volatility.

None of what I play with is tied to retirement accounts. That stuff I purposely set and forget.
 

jpiniero

Lifer
Oct 1, 2010
16,491
6,983
136
It should remove the uncertainty that markets truly hate.

Very Unlikely unless/until the Fed admits they aren't going to raise rates. The odds suggest that the theoretical hikes won't start until next time (March). What would make sense is if stocks continue to drift downward until the March meeting, then rally when they don't raise.
 

AdamK47

Lifer
Oct 9, 1999
15,675
3,529
136
Very Unlikely unless/until the Fed admits they aren't going to raise rates. The odds suggest that the theoretical hikes won't start until next time (March). What would make sense is if stocks continue to drift downward until the March meeting, then rally when they don't raise.
I feel that the fed meeting will have a huge impact next week. People are putting money on the sidelines. Any bit of certainty is going to help facilitate a move of that money.

Another big thing is the reaction of the fed in light of the markets making corrections based only on that uncertainty/speculation of the rate hikes. I don't see how they can ignore what's currently going on.