Talking stocks, trading, and investing in general

[patrickBOOTH]

As usual Gen X is forgotten.

I read something several years ago by Siegel from Wharton. He says Western nations will be fine as long as they facilitate an inflow of middle class and professionals from places like India and Asia and also off shore investors who will be purchasing the stocks Boomers sell to fund their retirement.

If you do it right you shouldn't have to sell any stocks to fund your retirement.

 

[Piobaire]

If you do it right you shouldn't have to sell any stocks to fund your retirement.

As we know the vast majority of people will not be doing it right.

 

[brokencycle]

If you do it right you shouldn't have to sell any stocks to fund your retirement.

I need an explination on that one. Is it because you've already converted to bonds? Or you're using dividend stocks and trying to live off that?

 

[Piobaire]

I figured he was talking about the 4% rule...which a lot of talking heads are saying is going to be too high in the coming years.

 

[jbarwick]

As usual Gen X is forgotten.

I read something several years ago by Siegel from Wharton. He says Western nations will be fine as long as they facilitate an inflow of middle class and professionals from places like India and Asia and also off shore investors who will be purchasing the stocks Boomers sell to fund their retirement.

What was that? I couldn't hear you Gen X'er. Please speak up. Gen X is still waiting on the Boomers to leave who are staying longer due to their own PPP which then cascades down.

 

[otc]

In completely unrelated news, Chipotle is up 91.5% so far this year, best in the S&P500.

View attachment 1230648



Nobody knows anything.

Aren't those articles all about killing places like Applebee's? That's the traditional "casual dining" segment.

Chipotle falls into the "fast casual" segment and millennial preference for fast casual is usually cited as one of the big factors killing Applebee's type places.

 

[patrickBOOTH]

Bonds and dividends

 

[Texasmade]

I need an explination on that one. Is it because you've already converted to bonds? Or you're using dividend stocks and trying to live off that?

 

[jcman311]

In completely unrelated news, Chipotle is up 91.5% so far this year, best in the S&P500.

View attachment 1230648



Nobody knows anything.

Even McDonalds is up 36% over the past year.

 

[brokencycle]

View attachment 1230673

That Guy: Package delivery? Oh, God! [He covers his face.] Fantastic! Now, the first order of business is to blame everything on the guy before me. Professor?

Farnsworth: I'll ruin you like I ruined this company.

 

[stimulacra]

As usual Gen X is forgotten.

What are the essential cultural markers of Gen X? Are they still relevant in 2019?

MTV, divorced parents and latch key childhoods? Being called slackers as young adults? Being passed over or ignored as millennials move up the ranks?

What happened to Gen Y? What's after Gen Z?

For chuckles I recently skimmed through Douglas Coupland's “Generation X: Tales for an Accelerated Culture” from 1991. One the one hand it hasn't aged well at all, on the other hand, one could do a thorough find-and-replace of the prose and update it for 2019 for Gen Z.

The older I get, the less I believe that there is an intrinsic generational divide that separates cohorts. We all bend to the same yoke eventually.

 

[brokencycle]

What are the essential cultural markers of Gen X? Are they still relevant in 2019?

MTV, divorced parents and latch key childhoods? Being called slackers as young adults? Being passed over or ignored as millennials move up the ranks?

What happened to Gen Y? What's after Gen Z?

For chuckles I recently skimmed through Douglas Coupland's “Generation X: Tales for an Accelerated Culture” from 1991. One the one hand it hasn't aged well at all, on the other hand, one could do a thorough find-and-replace of the prose and update it for 2019 for Gen Z.

The older I get, the less I believe that there is an intrinsic generational divide that separates cohorts. We all bend to the same yoke eventually.

Gen Y is millennials.

 

[Piobaire]

I think a general hate of vocals + autotune is the major current cultural mark of Gen X.

 

[patrickBOOTH]

I'm not sure if this is open to non-subscribers, but this is a good look at the asset-seizures wealth taxes the democrats are suggesting.

 

[Piobaire]

Paywall. Are they talking about means testing social security with this new wealth tax?