Recruiting Football Talk VIII

I think the worst is over for inflation. People expect the fed to start cutting rates soon.

Traditionally small cap companies benefit from rate cuts. So do tech companies. Load up on nvidia stock!
It's 2024 and the QE implosion never happened. Amazing... according to the fearmongers 😏

Knew multiple guys at work in their 50s ZERO OUT of equities way back in 2013...2014...would have more than tripled their retirement on just a plain jane low expense ratio indexer 😒😒 So sad what the goofballs on TV will convince folks of to shill.
 
Last week my company was acquired by Mars for $35.9 billion. How in the world can a private, family owned company spend that much in this economy? Crazy times.
Mars? I'm sure they have diversified in adjustable waist clothing, as the world grts fatter.

They own Vet clinics, and pet food lines.

But mostly Americans.
 
Proverbs says that "The debtor is a slave to the lender."

I used to think that was colorful language to make a point, but as I've looked back on my life and reevaluated the system we live in, I actually read that quite literally. Debt causes us to spend a lot more time doing things when we'd much rather be doing something else. Interest is money thrown away for most of us. We'll never get it back. That money is invented. "Printed" out of nothing. We spend our lives trading hours of life that we'll never get back, just for a piece of paper or a direct deposit of that thing that they printed out of nothing. We go into debt and add interest payments so that we can have things now that we can't afford yet.

We chase more things we can't afford because there is an entire marketing industry that is actually psychological warfare against us. The sellers know they are selling us things we don't need. So, they hire people who are studied in the psychology of fear and our own feelings of inadequacy. If you don't look, smell, dress, or drive <these things>, then you won't measure up. Cover your inadequacies by buying this <thing> that you either don't need, or is more than you need.

How much better will most of us be if we slow down, figure out at any given time what's (A) an actual need that (B) I need NOW. Stop going into debt for things. Wait as often as possible until you've saved and can pay cash.

And to the younger folks. The quicker you wake up to this, the better off you'll be.

Go sit and talk to the 70 year old greeter ay WalMart, who can't afford to retire and can't afford to live on their social security. There's a good chance they didn't wake up until too late. Ask them how much money they think they spent in interest over their lifetime, and whether that amount would help them retire today. (Note, this is in no way meant as an insult to the poor. There are indeed poor people who have always been poor, never took out a loan, and are still poor. But in America, there are FAR more people who waste a lot of damn money on debt that they never really needed to have. And they will never get the time back because they're basically working their entire life for the bank, their masters.)
It starts with rejecting mindless materialism and folks returning to being citizens instead of consumers imo.

One of the sermons my former pastor gave when I was probably in HS always stuck with me. The small point was to stop and realize how many of us will sit through church just daydreaming of what we'll spend our money on next...that day...week...month...new clothes...cars...TVs...everything under the sun. It is truly all consuming if you don't step back and reassess what life is outside of this mad consumerist world we live in. It's not real, I know that much.
 
Last week my company was acquired by Mars for $35.9 billion. How in the world can a private, family owned company spend that much in this economy? Crazy times.
Did I miss the invasion?

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And by "your company", does this mean you are now flush with cash to buy us any and every player we want?
 
Eh, never been a fan of gold, but it's hard to imagine it won't spike when interest rates start to go down. I don't know if the gold market has priced in rate cuts yet like the SP 500 seems to have done.

I admittedly have stayed away from it mostly because the scammy-seeming infomercials that always pitch gold seem so sketchy. I haven't put a lot of research into it.
Yeah you'd never want to buy actual gold. Transaction costs...liquidity...they are scammy.

Just get a commodity fund.
 
A lot of rich people preach charity, but they're still rich. I don't get it.
People like Peter Singer are rarities in this world.

Though I will say quite a few modern megarich are leaving 90%+ of their fortunes to charity instead of creating a flood of entitled nepos. Good for this movement.
 
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Have def heard more smoke on UF and Mertz. I definitely could see them being underrated just because their schedule is ridiculous. They do have plenty of talent.

Dear god I hope we beat them by 213 points.
They would probably go 9-3 in the BIG and 10 wins in the ACC. but the new SEC is a buzzsaw AND they scheduled FSU Miami and UCF on top of it lol
 


People will spin it to fit whatever narrative they want.

Ecclesiastes 5:10, NIV. Whoever loves money never has enough;. whoever loves wealth is never satisfied with their income. This too is meaningless.”

It's the Sally Struthers conundrum. For years, she preached to feed the hungry African children. And for years, she continued to gain weight as African children continued to starve.
 

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