Five Years, Lord Willing

Where are you and where are you going?
2Birds1Stone
Posts: 994
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: Five Years, Lord Willing

Post by 2Birds1Stone »

Feel better, brah.

slowtraveler
Posts: 880
Joined: Sun Jan 11, 2015 10:06 pm

Re: Five Years, Lord Willing

Post by slowtraveler »

Are you being counted in the official numbers?

SavingWithBabies
Posts: 651
Joined: Mon Aug 31, 2015 2:50 pm
Location: Midwest, USA

Re: Five Years, Lord Willing

Post by SavingWithBabies »

I thought Jason won the COVID-19 lottery there but I think on reread, he is more just pissed about it decimating his holdings. I got nothing to say over here. It sucks. But cheaper to buy in now at least? Hrm...

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

If crying on the inside is a symptom, I'm a goner.

chenda
Posts: 1394
Joined: Wed Jun 29, 2011 1:17 pm

Re: Five Years, Lord Willing

Post by chenda »

@Jason - you've years to go before 67, you'll be fine.

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

I should have asked that fucking Ouija board whether I should buy Boeing.

ertyu
Posts: 771
Joined: Sun Nov 13, 2016 2:31 am

Re: Five Years, Lord Willing

Post by ertyu »

My asshole also hurts, I feel like we're spiritual brothers

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

Well brother, when it comes to assholes, mine feels likes a 737 Max filled with male porn stars flew straight into it.

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

It was close, but ultimately I didn't have it in me to shit up the Covid-19 thread. Plus, I know JLF is busy with his plot points and has no time for this type of bullshit.
naturelover wrote:
Tue Mar 24, 2020 8:44 am
The Olympics are postponed until next year - finally!
Being that the Olympics were to take place in Japan and their propensity for making people do really weird shit, I was assuming they would incorporate the virus into the events. Like the decathalon would now include hospital bed pushing, exchanging ventilators from old to young people, face mask knitting, food delivery in lock down neighborhoods, breaking up crowds of more than 10 people. As opposed to the usual pole vaulting, javelin, sprinting etc. The medals would be based on testing - no symptoms you get Gold, mild would be Silver, severe Bronze, death elimination. I bet it would increase ratings because no one watches that shit anymore. Zoom video and Clorox could sponsor being that everyone else is like Chapter fucking 11 at this point.

Ok. Now that's out of my system. I had some symptoms but after a teleconference with my doctor, I was assured I don't have the virus. But who knows. Whatever the case is, I do have something. At least he didn't bring up the fact that I owed him a shit sample.

Psychologically, I have exited my Camus existential dread "Plague" phase and now am just fucking angry/depressed. And enough videos of people pressing their noses against hospital glass looking at new born babies and Nana dying. Is nothing private anymore. Although the one with Italian politicians swearing at people playing outdoor ping pong was funny. I'm assuming it wasn't Seppia. He seems to like food and travel.

On a positive note, I have a new favorite quote:

"The best for man were not to have been born and not to have seen the light of the sun; but, if once born (the second best for him is) to pass through the gates of death as speedily as may be." Theognis. Sophocles later cut it down to "Not to have been born exceeds every reckoning."

This life is such a bread basket of bullshit. I was fortunate never to have to serve in war, but now I got this Biblical nonsense sticking a pin in my balloon. I went down an Elvis Presley rabbit hole. Man what a talent. He was Elvis and was sick of shit. Then died on the can. 42. I remember being with my grandfather when it happened. He said "He's dead?" Geez. What a shame." He liked Chuck Mangione. I remember the day he died. His idiot brother couldn't shut up about how he saw a dog run up a flag pole on The Johnny Carson Show the night before.

SavingWithBabies
Posts: 651
Joined: Mon Aug 31, 2015 2:50 pm
Location: Midwest, USA

Re: Five Years, Lord Willing

Post by SavingWithBabies »

Wait so you thought you actually had it? Sorry, I was the one misreading! Glad you're okay.

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

Thank you.

A few weeks back I spent at least an hour in a 100 year old building that was a Petri dish of anachronistic US construction practices. There were definitely antiquated floor tile and possibly exposed asbestos. Ancient equipment was never removed. I had to sit down at one point due to reaction. Soon after, I started evidencing symptoms similar to COVID-19. However, I have never been feverish or short of breath. I am assuming I picked up an allergen. The coincidental nature though is suspicious. My wife and I are employing social distancing and so far she seems OK. Based on anecdotal accounts of mild cases, I do not seem to have it but I might never know. I am taking precautions as though I do.

Yesterday, I finally took a deep dive into the financial aspect. It was a kick in the nuts but all things considered, not a complete disaster. The best we decision made was taking profits at end of year and removing all consumer debt so essentially we are just carrying mortgage debt and small 0 percent car loan. We did have to buy a new computer.

I have decided not to sell anything and am mentally vulturing but have yet to pull trigger on buys. Disney looks absurdly cheap at this point.

ertyu
Posts: 771
Joined: Sun Nov 13, 2016 2:31 am

Re: Five Years, Lord Willing

Post by ertyu »

No fever is indeed an argument in favor of allergy over corona. As for buying shit, I've placed orders for prices I find outright ridiculous. If they fill, they fill. If not, hopefully cash will keep purchasing power at least a while.

SavingWithBabies
Posts: 651
Joined: Mon Aug 31, 2015 2:50 pm
Location: Midwest, USA

Re: Five Years, Lord Willing

Post by SavingWithBabies »

@ertyu Do you basically do a market limit order for 60 days at a price you'd like to pay? How do you prevent going negative (like if you have $2k on hand but put in 3 $1k orders)? Or do you always keep cash balance high enough to pay for all outstanding orders?

ertyu
Posts: 771
Joined: Sun Nov 13, 2016 2:31 am

Re: Five Years, Lord Willing

Post by ertyu »

@swb, first, the prices are sometimes so ridiculously low and BS that some of them would probably not be reached. They will certainly not all be reached within, say, a week, and I'll definitely check how my acct is doing before then. This works for me because I'm fine being in cash. Psychologically, I alternate between fomo ("what if this is the lowest price and i miss the bottom?") and fear that inflation will eat all my cash away and all my life's work would've been for nothing. tl;dr: still a basket-case lol

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

(1) Corona conditions are really not that much different than usual except we are having groceries delivered. I believe, as is to be expected, they are gauging and we have decided to be generous with tipping because these people are risking their lives to bring us tomato sauce so the costs are up. However, no gasoline and other incidentals, so spending is down. It is also making us more frugal. Half-portions of food, cutting napkins in half, counting toilet paper squares etc. Plus staring at these books. Christ. I will never, ever buy another fucking book. We have thought of re-engaging streaming but have decided against.

(2) Net worth down slightly less than 10%, so as of today, basic correction. One holding that has been decimated is TTD. Like 2008, advertising evaporates. And of course Boeing. But ultimately that's like $1,500.00. Incompetence, wrapped in malfeasance, with a pandemic bow on top. Assholes. I would say they deserve it except I'm a shareholder. OKTA has weathered storm. Plus I have made out with Zoom which I'm holding because it has become a verb. Products that become verbs are good. Well, not including Edsel. And New Coke. It's experiencing exponential grown parallelling the virus itself so of course every bored hacker is home fucking with people using it. It's like the guy who hacked into Alexa and threw the n-word at that little girl. I'm almost ashamed of how many I have watched that one. "Mommy!!!!"

(3) My sense of dread has increased. Based on my religious worldview, death is always on the table. I don't want to die of this though. It's very painful. If it was a virus that caused a pleasant death, like you have a huge orgasm and die of the endorphin rush, I'd probably be out there licking door knobs and helping old ladies cross the street. So, more than anything else, this is a psychological event.

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

Hope everyone and their families are safe and sound. Ok, enough of the pleasantries. Brass tacks.

Net worth whiplash during Shit Storm:

March 1- 616K
March 5 - 637K Monthly High, All Time High
March 23 - 518K - Monthly Low. Equivalent to November, 2019 a/k/a Fuck Me Day.
March 31 - 568K
Today: 611K
Biggest day swing -37K

Off all time high - 4%.
Off End of Last Month - .008%

All things considered, I can't complain but that's not going to stop me. And of course, there is more whiplash on the horizon.

I have literally done nothing during this time. Not one buy, not one sell. I read. I listen. Yet I now I know nothing so therefore I do nothing. And for better or worse, I live to see another day. One lesson - build up cash reserves. Another lesson - "normal" is a construct. Death and suffering although unnatural (my theology speaking) is built into the natural order. Our technocratic society based on the false premise of progress is currently engaged in one long hissy fit against the inevitable, periodic interruption of our false premise of human autonomy. Death. It's coming. For you. For me. Just like it did for Suo's cat. That being said a US 3.8 trillion dollar budget busy spending time studying "Flipper's use of his asshole as a sexual organ and what that means for us" didn't do its job when it most counted.

SavingWithBabies
Posts: 651
Joined: Mon Aug 31, 2015 2:50 pm
Location: Midwest, USA

Re: Five Years, Lord Willing

Post by SavingWithBabies »

I've been feeling the whiplash too. I did sell but only the stuff I bought on the way down after I realized I was short on cash and my income was going to be negatively impacted. For the first time, I can somewhat relate to those that are "sell everything" but it really does feel like this time things might be different. But if it is that different, we're so fucked that any action seems like it would be futile. So best to assume "happy go lucky" and "it'll all work out" and let it ride? I think my strategy is sort of the later but mostly I'll just keep on working as I can for now and not worry about it because I can't really do jack about it but I can keep working when things turn around.

Jason
Posts: 2707
Joined: Mon Jan 30, 2017 8:37 am

Re: Five Years, Lord Willing

Post by Jason »

A mantra I have adopted courtesy of The Motley Fool - "Be very impatient to sell." I had significant losses in ATVI which rebounded due to lock down video game playing. My DIS is now red. My BA is redder than the inside of one of their crashed 737's, I just hate selling. I have identified those holdings that have sustained their gains throughout this event- OKTA, NVDA - and if I need to go there I'll take some gains. But until I have to, I am not.

ertyu
Posts: 771
Joined: Sun Nov 13, 2016 2:31 am

Re: Five Years, Lord Willing

Post by ertyu »

imo both dis and ba will see better days. dis because people who go to their parks are batshit anyway, so they will go virus or not, and ba because they're going to be bailed out and, as an asset-heavy company, will do better once the inflation hits. Sell DIS at reopening hype, in the mean time sell calls on it

User avatar
Lemur
Posts: 561
Joined: Sun Jun 12, 2016 1:40 am

Re: Five Years, Lord Willing

Post by Lemur »

I'd consider profit taking on ZOOM. News today is google jumping on that game and offering a product for free but I could be wrong, we know how Google+ turned out.

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