ERICOPOLY

That thread is the last one I would say that I really focused my efforts on. Since that time, I sort of checked out of investing actively for maybe 5 years and trying to get back into it... I just haven't had the passion I once did and it has been refocused to other areas of my life.

Natural gas!! OMG!!! I can feel the sea levels rising as I read those words. SMUD (in Sacramento) is giving away $3,500 HVAC rebates to households who install variable speed heat pumps to replace their natural gas systems: https://www.smud.org/en/Rebates-and-Savings-Tips/Rebates-for-My-Home/Heating-and-Cooling-Rebates California moves to ban natural gas furnaces and heaters by 2030: https://www.latimes.com/business/story/2022-09-23/california-moves-to-ban-natural-gas-furnaces-and-heaters-by-2030

https://www.walmart.com/ip/Blueek-Plush-Dog-Toys-Large-Aggressive-Chewers-Interactive-Squeaky-Tough-Toy-Gifts-Small-Medium-Birthday-Durable-Stuffed-Teething-Chew-Breed/1187615337

It has been reported that covid can damage organs. Maybe later on you die from this damage (the straw that broke the camel's back) but it isn't linked back to covid.

We have model RH22H9010SR, also purchased around 2013 and it doesn't do that. But we own one with the same problem as yours and we left that behind when we moved recently.

Today I paid $48 for a $1,499 Samsung Bespoke counter-depth refrigerator at Home Depot. It was part of my 6 appliance order, and the bundle discount for 6 or more Samsung appliances is $750. If you only buy 5 Samsung appliances the bundle discount is $500. So I was given an additional discount of $250 for appliance #6. In addition, I got $500 off for purchasing a Bespoke refrigerator as part of the bundle. The one I purchased was on sale for $798, reduced from $1,499. $798 - $500 - $250 = $48. And delivery+install is free too.

Shelter is an interesting one because there is an undersupply of it and higher interest rates add to the cost of new units. That should necessitate higher rents.

You just let crabgrass take over and cut it short and from a distance nobody can tell.

my guess is MSGE continues to drop at 2x the market rate and bottoms around $27-$30. Just because.

That's funny when you think of something like MSGE which has been beaten to shit lately despite being nowhere close to peak margins from the pandemic -- actually, it has been the reverse of peak earnings because of the pandemic.

Because it never fails to drive the market down by way more than reasonable.

The average price of a 6 pack was $5.58 in 1991. Pretty amazing how gasoline is about 4x higher today, but beer is only 35% higher.

With all this talk of high grocery bills. Chicken drumsticks can be had for $1.19 a pound. That's not much at the end of the day. https://www.walmart.com/ip/Freshness-Guaranteed-Fresh-Chicken-Drumsticks-5-lb/613823324?fulfillmentIntent=Pickup&athbdg=L1600

The trouble is that small homes aren't even allowed in most towns. In most areas you aren't allowed to build a one bedroom 400 sqft home. It's bizarre. I mean, there's all this public hand wringing about housing affordability but then there are rules literally requiring your home to be larger than you need and therefore less affordable.

Same with scanning and bagging our own groceries. The cpi does not impute the wage for doing your own work.

restaurant inflation is worse than it looks because they have replaced service with technology — QR code menus, order from an ipad at the table. when is the Fed going to factor this into inflation? They adjust computer prices to account for technology when it lowers the CPI.

I'm a bit interested in what will happen with rents. There is a shortage of housing and your option to buy is gone with the rates going up and prices not coming down enough to compensate. So your only option is to rent, so won't rent go up?

Well, I think it makes more sense to look at the cheapest available and see if prices have moved up. For example, the Walmart store brand beans labeled "Great Value" (kidney, pinto, black, great northern) were only 50 cents a can two years ago. I know because I buy them for my chili. Now they are 78 cents per can. 50 to 78 in two years.

Wow it must be exciting to hold DB or BCS.

I really don't know what their options are. If they don't cause a recession then they're left with rising wages in a tight labor market, and then there is the wage price spiral to worry about.

That's what we're having at Christmas this year! Your idea has me sold.

In the meantime, families are gut punched by the mark-to-market losses and cutting back. Reverse wealth effect. They will cut back on meals out, etc... They are thinking less about their higher earnings yields, and thinking more about the $20k or $50k or $200k that they just 'lost'. They feel less confident and want to eat Costco food court instead of $14.00 at Burger King for the double bacon stacker king meal large size. When did Burger King become a $14 meal? I mean, it's crazy.

I did have some success on the purchasing front: I got a box of New Zealand lamb from Costco priced at $9.63 per pound https://www.costco.com/new-zealand-spring-lamb-grass-fed-lamb-premium-selection-box%2c-9.63-lbs.product.100784602.html I like lamb better than steak anyway. So go stick it up your chaps ranch boys! It's interesting that Australian lamb is going for $40 a pound: https://www.costco.com/rastelli-grass-fed-frenched-lamb-racks%2c-24-oz%2c-6-pack%2c-9-lbs.product.100652542.html If you take that price of $40 a pound and apply it to the 3 pounds of lamb rack that's included in the box that I bought, then I got the leg and the chops for free. But I get it... that Australian rack is meatier rack and that's where the premium went presumably. However, I wasn't sold.

In 2002, the consumer had losses in equities, but I think bonds were offsetting some of those losses and real estate was soaring throughout the country. Today, the entire sky is falling with nothing doing well to offset it.

Yes, that's so true. Exports are going to suck tremendously.