Investing Thread (Stocks, Crypto, Real Estate, Whatever)

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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer » Fri Apr 30, 2021 1:24 pm

DBTrek wrote:
Fri Apr 30, 2021 1:13 pm
Image
‘Middle class’ is $150k - 400k??? Count me out lol I’m a poor man.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Fri Apr 30, 2021 1:40 pm

SuburbanFarmer wrote:
Fri Apr 30, 2021 1:24 pm
DBTrek wrote:
Fri Apr 30, 2021 1:13 pm
Image
‘Middle class’ is $150k - 400k??? Count me out lol I’m a poor man.
You may be reading an extra zero in there somewhere.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer » Fri Apr 30, 2021 1:56 pm

DBTrek wrote:
Fri Apr 30, 2021 1:40 pm
SuburbanFarmer wrote:
Fri Apr 30, 2021 1:24 pm
DBTrek wrote:
Fri Apr 30, 2021 1:13 pm
Image
‘Middle class’ is $150k - 400k??? Count me out lol I’m a poor man.
You may be reading an extra zero in there somewhere.
Tiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.

If the US median is 300k, then it’s actually 250k-600k or so.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Fri Apr 30, 2021 2:02 pm

SuburbanFarmer wrote:
Fri Apr 30, 2021 1:56 pm
Tiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.

If the US median is 300k, then it’s actually 250k-600k or so.
Biggest number on the X-axis is 40k.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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Fife
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by Fife » Fri Apr 30, 2021 2:19 pm

Numeracy > Literacy

It's a poor choice for someone to have to deal with, I reckon. But the hierarchy is real.

:goteam: :drunk:

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doc_loliday
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by doc_loliday » Fri Apr 30, 2021 2:34 pm

All I know is that Bloomberg could give every American a million dollars and still be rich. Why can't we be more like Europe?


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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Fri Apr 30, 2021 3:35 pm

If we all have a million dollars, then being a millionaire is no different than having nothing, right?
The baseline simply moves from starting at zero to starting at $1 million.

(Not to mention I don't know who is going to work the next day for their normal weekly wage the day after we all get a million bucks. It's not the pancea people believe it to be. They think you can give everyone a million bucks, but someone will still be manning the starbucks and McDonald's window. Nope. They got a million bucks too. :lol: )
"Hey varmints, don't mess with a guy that's riding a buffalo"

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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer » Fri Apr 30, 2021 3:58 pm

DBTrek wrote:
Fri Apr 30, 2021 2:02 pm
SuburbanFarmer wrote:
Fri Apr 30, 2021 1:56 pm
Tiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.

If the US median is 300k, then it’s actually 250k-600k or so.
Biggest number on the X-axis is 40k.
Well shit, I did misread that. Guess I just went from lower to upper. How is the ‘median’ $15/hr??
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Fri Apr 30, 2021 4:08 pm

SuburbanFarmer wrote:
Fri Apr 30, 2021 3:58 pm
DBTrek wrote:
Fri Apr 30, 2021 2:02 pm
SuburbanFarmer wrote:
Fri Apr 30, 2021 1:56 pm
Tiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.

If the US median is 300k, then it’s actually 250k-600k or so.
Biggest number on the X-axis is 40k.
Well shit, I did misread that. Guess I just went from lower to upper. How is the ‘median’ $15/hr??
Came from one of your favorite publications, I'll just post the link:
https://www.zerohedge.com/economics/rec ... government

(I posted the graph in isolation so Zero Hedge haters wouldn't be biased, since the data came from the OECD)
"Hey varmints, don't mess with a guy that's riding a buffalo"

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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer » Fri Apr 30, 2021 6:45 pm

SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0