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Posts posted by Fudge Nuggets
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7 hours ago, Johnny Sack said:
I don’t know. Things are pretty terrible in the USA right now. You have a calculation?
The bailout is over $21 bln so far so there’s your starting point. You figure up the cost of dotard’s impending “deal” since you brought it up.
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On 2/2/2020 at 1:32 PM, Johnny Sack said:
Glad Brits weren’t feckless cucks for the EU. They will be fine. Don will cut a deal with them ASAP
Is that going to cost us more or less than the bailout to the patriotic farmers?
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4 hours ago, Johnny Sack said:
@achooloco negging all my posts. I hurt his little feelings. He’s got tears in his eyes
No one fucking cares so shut up, pussy.
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We had Boston Consulting come through years ago with a couple of whiz bang fresh out of grad school hot shots. I won’t lie, they were smart as hell, lot smarter than any of us but they had no idea how the real world worked. At the end of their assignment they put together a real fancy presentation but when you sifted through the bullshit it boiled down to “In order to grow profits the organization needs to increase revenues and cut costs.”. Gee, thanks for the brilliant insight, Achmed.
One positive was Ms. Sunile was pretty decent looking (solid surly 7)and had a nice rack. I got to tap that ass before they moved on to their next goat rope.
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44 minutes ago, bad_teammate said:48 minutes ago, tx 3 putt said:Thanks Iowa for four more years of Trump
The vote for president is in November, which is about 6 media years from now.
Because the GOP is known for letting flubs like this go quietly into the night without raising them over and over and over and over...
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16 minutes ago, EMAWesome said:
Lol, I'm listening to the Redeye Radio podcast and they had a guy call in from Iowa. He said he was attending one of the Republican caucus precincts at a church across the street from a high school where one of the precincts for the Democrat caucus was being held. Things wrapped up after about 45 minutes at the Republican caucus and as he was leaving he heard a commotion coming from the school across the street. He went over to listen outside the school and he heard a man and a woman scream at each other for six minutes over whether the proper terminology was The New Green Deal or The Green New Deal.
Ok, boomer.
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4 hours ago, elfenix said:
Will Nigeria be sending election inspectors to the US for Super Tuesday?
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Good lord Iowa, you had one fucking job. I hope the Mississippi River overflows its banks and wipes out that turd of a state.
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Bolton in jail wouldn’t upset me in the least.
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42 minutes ago, bad_teammate said:
Oooh I didn't know the DNC had changed the delegate math in Iowa to bias against the college counties (which, in Iowa, are also the most diverse counties).
What a dogshit organization.
Shame.
The rules are always getting changed against poor mistreated Bernie. Maybe he should have someone on his staff raise hell about it before the rules are changed instead of just bitching, whining and moaning about it after the fact.
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IA is such a stupid little state.
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1 hour ago, Biff Tannen said:
So much this. I expect Bernie to win, but I really really want Warren to be top 3 and close to 1. I remind myself that Ted fucking Cruz destroyed in Iowa in 2016 though, so this isn't the end all be all.
Rick Santorum cleaned up in 2012. Let that sink in.
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Fuck Iowa. New Hampshire can fist itself as well.
These two states that probably least represent the country as a whole have way too much influence for their podunk status.
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7 hours ago, TwiceHorn said:
I imagine it will be clearly impermissible for the President to invoke a blanket privilege and refuse to produce a witness after the Supremes get ahold of it.
Cute.
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On 1/16/2020 at 7:59 PM, Tailgate said:
Craving some good Asian.
Always. Not sorry for the derail.

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2 hours ago, Somnio said:
Bangers and mash, fish and chips, Sheppard's Pie, Ploughman's Lunch, Full English breakfast?!? Fine ales, and teas?
Your judgement is questionable, sir.
Fish, chips, cup 'o tea, bad food, worse weather, Mary Fucking Poppins...
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1 hour ago, Tailgate said:
"Time is your friend; impulse is your enemy." - John Bogle
It's not what you buy, it's what you pay for it.
I lost money on some of the greatest names in the world that everyone loved because I bought too high. I made my biggest profits on solid companies that were down in the dumps and everyone hated them.
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2 hours ago, tx 3 putt said:
Seems like companies are ditching the North Sea properties. I’m guessing the economics don’t work out anymore ?
North Sea always sucks when price of oil goes down, I'm trying to think long term and what happens when the price of oil bounces back; England gets fuck all from the rebound and Scotland cashes in.
How much of England's energy needs are provided by oil and gas from the Scottish sector? Nice little bit of leverage the Scots could hold over the Poms.
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9 minutes ago, Goofyboy said:
I played the micro stocks... made some money... gave it all back. It’s fun while it lasts.
To the youngster... if you’re in mutual funds / index funds, buy more. Blood in the streets and all.My favorite was back in 2009... auto parts supplier that was trading at $1. It would drop to $1, bounce to $1.10 - $1.15 and repeat. Thing is, it had $13 / share cash on its balance sheet and all its competitors were going bankrupt so I bought in and bought pretty large for me back in those days (about 10,000 shares). As expected it went up to about $1.08 and I was about to sell when it shot up to $1.30 after its earnings release. Yeah for me, cashed out took my 30% and ran.
Problem is it never dropped back down to $1 again. Fucker went straight up to $10, retreated to about $7 then wound up hitting $30 a couple of years later. Oh what could have been.
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5 minutes ago, Goofyboy said:
I played the micro stocks... made some money... gave it all back. It’s fun while it lasts.
To the youngster... if you’re in mutual funds / index funds, buy more. Blood in the streets and all.Thing is, we're not even close to blood in the streets levels. We're overdue to get there and it's going to be bad when it happens, but this ain't it... today.
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40 minutes ago, Huckleberry said:
I'm not celebrating it but I really don't care. Not my country, confused why other people other than acknowledged Anglophiles would give much of a shit either way. If it's the epic nationalistic disaster predicted by some then it will soon serve as a useful warning.
I'm sure global stock markets will just take it in stride if the bad shit being predicted comes true. That's why you should give a shit.
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33 minutes ago, Okie State said:
You don't lose it unless you panic and sell.
This is true if you are investing in good solid companies or index funds. When dealing with dodgy fly-by-night shit stocks, your first loss is usually your smallest loss.
I paid a lot of tuition learning that lesson and it's why I try to focus on the mega-caps and index funds / ETFs. Oh, I keep a bit of gambling money on the side for shits and giggles but they get kicked to the curb real quick. Some people go to Vegas to gamble, I play micro crap stocks.
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I knew a guy that was fully invested in our company 401k plan pretty much since the mid 1990's. He went to all cash twice before being laid off in 2009. The first time was soon after 9/11 and the other time was damn near the bottom of the financial crisis. Don't be that guy because there is no telling how much money he left on the table with those two moves.
I've posted it several times, but I'll post it again. The best move I made during the financial crisis was putting my Vanguard statements in the drawer during the crisis. I never opened them until things were back to normal. Thank goodness because I know damn well I would have panicked and sold out at the absolute worst time.
One of the few other good moves I ever made was during the oil / gas massacre of 2014 - 2016. When I was tempted to move all my funds allocated to company stock to an S&P 500 index fund, I stopped myself and actually went all in on company stock. It was more luck than anything else, but I made that decision within a couple of bucks of the final low for the stock price before it went up 60% in six months. I didn't top tick getting out at the top, but I did make a very quick 40% and my remaining shares are collecting a little over 7% per year in dividends.
My suggestion is if you think things are heading to hell in a hand basket, take a little bit of money and buy stock in a mega-cap company that pays a dividend and has paid a dividend for decades. If the market goes lower, buy a little bit more. Be careful that you don't chase the biggest dividend available because it's more than likely a trap - i.e. you need to check the balance sheet to see how much debt they are carrying and how much a year they pay in interest.
My rule of thumb... if my stomach is doing cartwheels, I'm breaking out in a sweat and my hand quivers over the mouse before hitting the buy button; it usually turns out to be a damn good decision.
Diatribe almost over, but if you do sell now and markets continue to tank you will feel vindicated - as you should. Good job. Now what will be the signal for you to jump back in? Because I guarantee you before the virus news dies down, political shit calms down, etc, the market is going to be higher than it is today. Unless you have a very well thought out plan on when to get back in you should stick it out for sure.
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NW Houston explosion
in Daily Texan
Posted
Pics of west African siblings, please.