Stock Market is the bottom in?

I apologize, gentlemen, for my above post #1858 - the way I worded it. I should have said I pray that we should all turn away from greed. As an investor myself, I look for some return on my investment. But not so much that others have to suffer lack of necessities to get it. It makes me sad that so many people have so little - or nothing - and struggle every day even though they work.

If I sounded self-righteous at #1858 - I'm sorry. I need to keep my own affairs in order.
I know there are a lot of folks living in difficult conditions. Some of that is outside their control. A lot of it is by choice - either sub conscientiously or conscientiously. I live in a very rural area. Many of The folks around me live in very low end housing, drive average vehicles, and dont have a yard full of toys or go to the beach on vacation. They choose to live like that. They never made any effort in life to further their education after high school. They wouldnt move to another location to improve their work status. They wont work two jobs to improve their financial status. They accept their financial position in life and choose to not do anything about it. Unfortunately, many of their kids choose to follow in their parents footsteps.
 
I know there are a lot of folks living in difficult conditions. Some of that is outside their control. A lot of it is by choice - either sub conscientiously or conscientiously. I live in a very rural area. Many of The folks around me live in very low end housing, drive average vehicles, and dont have a yard full of toys or go to the beach on vacation. They choose to live like that. They never made any effort in life to further their education after high school. They wouldnt move to another location to improve their work status. They wont work two jobs to improve their financial status. They accept their financial position in life and choose to not do anything about it. Unfortunately, many of their kids choose to follow in their parents footsteps.
I am both ends of your post. I came from nothing, expect my parents wanted me to be better off than they were. I grew up in a tiny house in the country. I worked my ass off an now I have a yard full of toys and go to the beach on vacation. I don’t apologize one bit and don’t feel sorry for people who are too lazy to do what I did. Now my job is to get my kids to see that path and hopefully they end up better off than me. Kids with good work ethic will be in high demand going forward as we go further down the socialist rabbit hole.
 
I am both ends of your post. I came from nothing, expect my parents wanted me to be better off than they were. I grew up in a tiny house in the country. I worked my ass off an now I have a yard full of toys and go to the beach on vacation. I don’t apologize one bit and don’t feel sorry for people who are too lazy to do what I did. Now my job is to get my kids to see that path and hopefully they end up better off than me. Kids with good work ethic will be in high demand going forward as we go further down the socialist rabbit hole.
I am the same way. I went to college - and I am not ashamed to admit it - I ate more than one road kill. I lived in a rent house while going to college with no heat or air - and not much water - $40 a month. I worked one full time job for 34 years and have retired from that job. I have had my own part time business since 1988 and still working it. I have almost always had two jobs. Put two kids through school - one is a QA Chemist and one is a Urologist. I, too, have quite a few toys and an obscene amount of food plot equipment. I have taken some pretty dang nice vacations. And the job market was a lot tighter all through my working career than it is now, for sure.
 
I am both ends of your post. I came from nothing, expect my parents wanted me to be better off than they were. I grew up in a tiny house in the country. I worked my ass off an now I have a yard full of toys and go to the beach on vacation. I don’t apologize one bit and don’t feel sorry for people who are too lazy to do what I did. Now my job is to get my kids to see that path and hopefully they end up better off than me. Kids with good work ethic will be in high demand going forward as we go further down the socialist rabbit hole.
That is the American dream and for any politician to try to squash that is simply wrong !!
 
I know there are a lot of folks living in difficult conditions. Some of that is outside their control. A lot of it is by choice - either sub conscientiously or conscientiously. I live in a very rural area. Many of The folks around me live in very low end housing, drive average vehicles, and dont have a yard full of toys or go to the beach on vacation. They choose to live like that. They never made any effort in life to further their education after high school. They wouldnt move to another location to improve their work status. They wont work two jobs to improve their financial status. They accept their financial position in life and choose to not do anything about it. Unfortunately, many of their kids choose to follow in their parents footsteps.
I agree on the work thing. I'm not in favor of total handouts. And TRYING to further one's education should be the goal. No argument there. But I know people - men and women - who work their butts off, sometimes 2 jobs. But the 2 jobs each pay so little, - and I'm not talking min. wage - and they can't save enough to secure their retirement, let alone help pay for kids' college. And if both parents are working - who guides / raises the kids?? How do we as a society expect kids to stay out of trouble / have parental guidance when the parents are both working?? How many times have we all heard news reports complaining about lack of parental guidance, and kids on the run & into trouble?? It was that way before the Covid pandemic hit - and Covid isn't over yet. $15 -$18 / hour doesn't buy much anymore for families with kids. I made more than that back in 1985, and we certainly don't have a ski lodge in Aspen by any means.

With decades of downward pressure on wages, the idea of saving for a secure retirement has become more out of reach for many hard-working Americans. With having to increasingly pay more out-of-pocket for health insurance as employers drop plans for employees or shift the cost to employees, saving for retirement or college assumes one big thing ........ one has enough disposable income left after bills to save. Multi-billionaires make more multi-billions ....... but the majority of American families struggle even working 2 jobs / or both parents. Even John Bogle - founder of the Vanguard Group - said the system is rigged in favor of executives. If a corporate insider says that - what's that tell us?? A good education - assuming you can afford one - and a hard work ethic ought to pay off with more than waiting tables in a restaurant, or working for a tree-trimming service because of a glut of similar college grads ........ you would think.

As for furthering one's education - I'm for that. It's much easier for kids from well-heeled families to afford college, than from an avg. American family anymore. College costs are rising faster than wages / salaries for sure. Right now, according to recent economic reports, (numerous sources) we have a glut of business-degreed folks who are in need of placement. Many are told they must relocate to other countries to work for "global conglomerates." They, via loans - or their parents - paid LOTS of money to further their lot in life, but the higher-paying careers they were aiming for are constantly changing or going offshore. Millions of young folks are in BIG debt, and didn't get the positions they thought they would. A number of recent news reports from various sources showed interviews with young men & women who graduated with business degrees, IT degrees, accounting degrees, etc. The majority were working at menial jobs that paid much less than they thought they'd be earning in their chosen fields. Sure, some make it, but most are VERY disappointed. How do they pay off their loans working in low-paying jobs?? Those young folks were articulate and well-spoken, but lamented the lack of positions in their fields. So - switch fields?? Already in debt, where does THAT money come from?? How many more years must they spend in another course of study (assuming they get loans) before they can EARN good money?? Automation & offshoring of jobs - how does one combat / deal with that??

There is no easy answer for the majority of American families. College takes BIG money, if one wants a good degree. For many American families, the cost is out of reach. Most local community colleges don't produce numbers of GOOD-paying careers. Do they all become plumbers - and create a glut of plumbers?? The glut of business-degreed people can't land jobs in their fields. Not being argumentative, but I'm sure there'll be examples of a person that someone knows who hit the jackpot - but that's not close to the majority anymore. 1950's, 1960's, 1970's were a lot different. No "global economy" back then.
 
Some of your info is just incorrect. IT people are in very high demand right now with the threat of syber security. Anyone with a business degree should be able to land a job easily. The problem is these kids think the deserve their dream job right out of school and aren’t willing to take a starter position and work their way up. I work for an insurance company with 8k employees. We have hundreds of openings as do all of our competitors. It has gotten so hard to hire people the company president did a zoom call with the entire company and begged that anyone thinking of leaving please tell their manager what they needed to stay. I Have recently sat in on some interviews. These kids come in demanding the world. They want big bucks, work from home, work when they feel like it, and these are entry level positions. These are also entry level applicants, they do not have the resume to be demanding of anything. This generation is in for a rude awakening the way things are headed. Not to mention they have not had to pay their student loans for two years. I will stop here from making it political but the handouts, of which there are plenty, have to stop. Then people will think it is okay to work again.
 
Some of your info is just incorrect. IT people are in very high demand right now with the threat of syber security. Anyone with a business degree should be able to land a job easily. The problem is these kids think the deserve their dream job right out of school and aren’t willing to take a starter position and work their way up. I work for an insurance company with 8k employees. We have hundreds of openings as do all of our competitors. It has gotten so hard to hire people the company president did a zoom call with the entire company and begged that anyone thinking of leaving please tell their manager what they needed to stay. I Have recently sat in on some interviews. These kids come in demanding the world. They want big bucks, work from home, work when they feel like it, and these are entry level positions. These are also entry level applicants, they do not have the resume to be demanding of anything. This generation is in for a rude awakening the way things are headed. Not to mention they have not had to pay their student loans for two years. I will stop here from making it political but the handouts, of which there are plenty, have to stop. Then people will think it is okay to work again.
MOST of the info is incorrect...
 
I get there are a lot if folks in difficult situations - completely outside their control. But I also know a lot of folks living on the low end if the pay scale who use every excuse in the world why they cant move, or take another job, or further their education.

Walmart is offering up to $110,000 a year to drive a truck. Husqvarna factory near me has starting assembly line work at $17 per hour. I know plumbers, carpenters, hvac, and electricians all needing help. If someone would take one of those jobs - they could work their way up in six or eight years and become a plumber themselves. I started at $3.15 an hour with a BS in Wildlife management for the Federal Govt in 1979. I ran trotlines before work in the morning, sold catfish on my way to work. Pregnant wife caught crawfish for bait during the day so I could rebait lines that evening. In the winter I ran a trapline. I lived in a house with no heat and air for 2.5 yrs while I was going to school in Louisiana - it gets hot in LA. Had a 30 gallon aquarium that I would keep a few bass or bream in to eat later - didnt have a freezer. It froze to the bottom one winter. If work is that hard to find - move. I lived in five different places from 1973 to 1980 - moving for a better position each time. Yes, life is tough - but I sure wish jobs were available back then like they are now. But you have to work.
 
College doesn't take BIG money. Go to a state school, the costs aren't much different than they were 30 years when adjusted for inflation. Quit listening to CNN. It's pure bullshit. Kids today have at least as many opportunities as I did in the 80s. Get off your ass and go get your hands dirty. Such bullshit to just repeat what the mainstream media tells you. Instead of listening to that BS maybe get out in the real world and see what's really going on. If a person wants to live in a socialistic country, go ahead and move. Americans should never apologize for being capitalists. If it's so "bad" here why are so many people trying to live here, legally or illegally.
 
I agree on the work thing. I'm not in favor of total handouts. And TRYING to further one's education should be the goal. No argument there. But I know people - men and women - who work their butts off, sometimes 2 jobs. But the 2 jobs each pay so little, - and I'm not talking min. wage - and they can't save enough to secure their retirement, let alone help pay for kids' college. And if both parents are working - who guides / raises the kids?? How do we as a society expect kids to stay out of trouble / have parental guidance when the parents are both working?? How many times have we all heard news reports complaining about lack of parental guidance, and kids on the run & into trouble?? It was that way before the Covid pandemic hit - and Covid isn't over yet. $15 -$18 / hour doesn't buy much anymore for families with kids. I made more than that back in 1985, and we certainly don't have a ski lodge in Aspen by any means.

With decades of downward pressure on wages, the idea of saving for a secure retirement has become more out of reach for many hard-working Americans. With having to increasingly pay more out-of-pocket for health insurance as employers drop plans for employees or shift the cost to employees, saving for retirement or college assumes one big thing ........ one has enough disposable income left after bills to save. Multi-billionaires make more multi-billions ....... but the majority of American families struggle even working 2 jobs / or both parents. Even John Bogle - founder of the Vanguard Group - said the system is rigged in favor of executives. If a corporate insider says that - what's that tell us?? A good education - assuming you can afford one - and a hard work ethic ought to pay off with more than waiting tables in a restaurant, or working for a tree-trimming service because of a glut of similar college grads ........ you would think.

As for furthering one's education - I'm for that. It's much easier for kids from well-heeled families to afford college, than from an avg. American family anymore. College costs are rising faster than wages / salaries for sure. Right now, according to recent economic reports, (numerous sources) we have a glut of business-degreed folks who are in need of placement. Many are told they must relocate to other countries to work for "global conglomerates." They, via loans - or their parents - paid LOTS of money to further their lot in life, but the higher-paying careers they were aiming for are constantly changing or going offshore. Millions of young folks are in BIG debt, and didn't get the positions they thought they would. A number of recent news reports from various sources showed interviews with young men & women who graduated with business degrees, IT degrees, accounting degrees, etc. The majority were working at menial jobs that paid much less than they thought they'd be earning in their chosen fields. Sure, some make it, but most are VERY disappointed. How do they pay off their loans working in low-paying jobs?? Those young folks were articulate and well-spoken, but lamented the lack of positions in their fields. So - switch fields?? Already in debt, where does THAT money come from?? How many more years must they spend in another course of study (assuming they get loans) before they can EARN good money?? Automation & offshoring of jobs - how does one combat / deal with that??

There is no easy answer for the majority of American families. College takes BIG money, if one wants a good degree. For many American families, the cost is out of reach. Most local community colleges don't produce numbers of GOOD-paying careers. Do they all become plumbers - and create a glut of plumbers?? The glut of business-degreed people can't land jobs in their fields. Not being argumentative, but I'm sure there'll be examples of a person that someone knows who hit the jackpot - but that's not close to the majority anymore. 1950's, 1960's, 1970's were a lot different. No "global economy" back then.
Yeah, not sure where your getting your info but you can pretty much write your own ticket nowadays. Pay is way way up and if you really delve into the job market right now at any level, almost every company you ever heard of is hiring. The only thing keeping people out of good jobs in this market is lack of interest . Companies are offering higher pay, flexible hours and perks. Still not enough takers. companies have to resort to stealing employees in a lot of cases. Doubling salary is not a fantasy in these times. Even me with no college or special skills get called constantly to work after I’m retired at double what I used to make. They can’t get anybody so they do what they got to do. Where my brother lives In the he says you can have a good paying job in any field within 2 weeks no problem. Again there just seems to be huge lack of interest in people that care to work nowadays.
 
So the people that were interviewed for articles and in TV / internet reports were all lying ............. is that the claim?? When asked if they'd take their courses / career paths again a number of them said no.

My post wasn't a blanket statement about EVERYONE - but some of you guys seem to paint the whole picture with a very broad brush. And I'm not being pissy here. Some young people DO get good jobs - but many DO NOT in their chosen field. I think it depends on which areas of the country have the good-paying jobs, since not all jobs can be done remotely. Even with so-called good college degrees, not all stories end up rosy. What's in demand one year, may fall off in demand 4 - 6 years later after graduation. The economy can shift rapidly with technological progress.

Again - I'm NOT - repeat NOT - one in favor of handouts for laziness. I worked my ass off all my life to get where we are today. But to deny many young folks can't land jobs in their chosen field is just head-in the-sand when numerous sources point to disappointed college grads. To be clear ....... this isn't saying 100% of college grads can't find good jobs. Please don't paint my post as a boo-hoo. Lazy young folks won't prosper, and I've griped on other forums about kids being lazy in jr. high and high school. I went to school with lots of kids who thought school is stupid, "why do I need to learn this crap" types. I have no sympathy for those folks. If you don't take advantage of educational opportunities, it's your own fault. The party-heads I went to school with largely have failed to prosper.
 
Hard times make strong men, easy times make weak men, weak men make hard times.

Think about that
 
Tell me more about it ??
It is a newer,cheaper and easier way for people to test their numbers for diabetes. This is a saliva test vs pricking your finger constantly and is a lot cheaper to boot. They are waiting for authorization and then it should take off. Zacks put an $8 price target on this stock.
 
It is a newer,cheaper and easier way for people to test their numbers for diabetes. This is a saliva test vs pricking your finger constantly and is a lot cheaper to boot. They are waiting for authorization and then it should take off. Zacks put an $8 price target on this stock.
Hmmm...Ok I am in for some shares! Thanks
 
I also threw some money at MLFB on the hope that the "other" football league finally makes it. I think covid killed the XFL. The rock is one of the owners of the MLFB---he should be able to get a lot of attention drawn to it. Gotta be in it to win it!
 
So the people that were interviewed for articles and in TV / internet reports were all lying ............. is that the claim?? When asked if they'd take their courses / career paths again a number of them said no.

My post wasn't a blanket statement about EVERYONE - but some of you guys seem to paint the whole picture with a very broad brush. And I'm not being pissy here. Some young people DO get good jobs - but many DO NOT in their chosen field. I think it depends on which areas of the country have the good-paying jobs, since not all jobs can be done remotely. Even with so-called good college degrees, not all stories end up rosy. What's in demand one year, may fall off in demand 4 - 6 years later after graduation. The economy can shift rapidly with technological progress.

Again - I'm NOT - repeat NOT - one in favor of handouts for laziness. I worked my ass off all my life to get where we are today. But to deny many young folks can't land jobs in their chosen field is just head-in the-sand when numerous sources point to disappointed college grads. To be clear ....... this isn't saying 100% of college grads can't find good jobs. Please don't paint my post as a boo-hoo. Lazy young folks won't prosper, and I've griped on other forums about kids being lazy in jr. high and high school. I went to school with lots of kids who thought school is stupid, "why do I need to learn this crap" types. I have no sympathy for those folks. If you don't take advantage of educational opportunities, it's your own fault. The party-heads I went to school with largely have failed to prosper.
Screw the “chosen field” thing. My daughter wanted to be a Dr and couldnt get into med school and ended up as a QA Chemist for a big pharmaceutical company. My son worked as his butt off until he was 22 yrs old to play baseball - went to college on a baseball scholarship - didnt work out and he is a Dr. My wife wanted to work in horticulture - ended up teaching high school biology. My son in law got a degree in AG science, had a job inspecting chicken houses for the six years it took him to get through college. A year out of college, he got a job at a natural gas plant. To be honest, I am one of the few people I know who got a job that I wanted out of college. One of my neighbors works off shore. He didnt want that job because of the time away from home, but it pays good money. Another neighbor pours concrete and makes a killing. No, pouring concrete was not his lifelong dream. Another drives an 18 wheeler - again, not his goal in life. Another has a contract mowing and cleaning camp facilities - his long term goal was not to clean crap up off the floor in the bathroom - but he has a contract with quite a few facilities - and it turns out you can make good money cleaning crap. My next door neighbor is a cattle rancher - something he always wanted to do - but he had to work offshore for thirty years to make enough money to get him a cattle ranch. I have another neighbor who works in a coal fired power plant - probably the last thing he thought he would be doing. A lot of neighbors work at mechanic shops, welding, operate equipment, etc. Most dont work those jobs because those jobs were their lifelong dreams - they are working those jobs because they pay good money. I also have a few neighbors who work at convenience stores, walmart, the dollar store, etc. These are the people who have chosen not to get ahead. They dont want to work ten hour days in 95 degree heat pouring concrete, or be away from home working offshore or driving a truck, or go to the community college to learn how to weld or be a mechanic. That is their choice.
 
So the people that were interviewed for articles and in TV / internet reports were all lying ............. is that the claim?? When asked if they'd take their courses / career paths again a number of them said no.

My post wasn't a blanket statement about EVERYONE - but some of you guys seem to paint the whole picture with a very broad brush. And I'm not being pissy here. Some young people DO get good jobs - but many DO NOT in their chosen field. I think it depends on which areas of the country have the good-paying jobs, since not all jobs can be done remotely. Even with so-called good college degrees, not all stories end up rosy. What's in demand one year, may fall off in demand 4 - 6 years later after graduation. The economy can shift rapidly with technological progress.

Again - I'm NOT - repeat NOT - one in favor of handouts for laziness. I worked my ass off all my life to get where we are today. But to deny many young folks can't land jobs in their chosen field is just head-in the-sand when numerous sources point to disappointed college grads. To be clear ....... this isn't saying 100% of college grads can't find good jobs. Please don't paint my post as a boo-hoo. Lazy young folks won't prosper, and I've griped on other forums about kids being lazy in jr. high and high school. I went to school with lots of kids who thought school is stupid, "why do I need to learn this crap" types. I have no sympathy for those folks. If you don't take advantage of educational opportunities, it's your own fault. The party-heads I went to school with largely have failed to prosper.
I think you realize this is absurd. I wanted to play for the Yankees. Am I included in your numbers for not working in my chosen field? I did play baseball in college. How many theater jobs do we have to come up with for all the theater majors? My daughter wanted to be an art teacher. I told her hell no. Not because being an art teacher is a bad job, but because the odds of her getting an art teaching job are pretty low. Pick something in demand you can tolerate doing and become great at it. That is where the money is at.

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. Pick something in demand you can tolerate doing and become great at it. That is where the money is at.

I think that really is the key to success and happiness. I find satisfaction in my work, and I have great coworkers, so work is a pleasure. I do my hobbies in my free time.
 
Pick something in demand you can tolerate doing and become great at it. That is where the money is at.

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I know because of family, friends, and my line of work...20 something's (now a lot of them are hitting 30!) are looking for "THE" job. By that, I mean one that provides them a 25-30 hour work week, satisfaction in all areas of life, downtime, 6 figures, and 4-6 weeks vacation. If you think I'm joking or being sarcastic, spend some time with different ones in this demographic. It is extremely widespread and very normal. Life is very difficult for them right now because they truly are ignorant and don't understand. The "netflix" generation: what I want, when and how I want, but unable to commit due to so many choices. Many are also looking to "hit it big" overnight.
 
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