Fed sleeps while hard core inflation rages
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Date: May 13th, 2026 8:53 AM Author: nighttime parlour
stocks still recovered most of losses yesterday despite terrible inflation data. some dood on X said Fed has furked up by not raising earlier, now the new Fed Chair cant raise cause Trump will blast him
ljl US is gonna become like Turkey or Argentina
(http://www.autoadmit.com/thread.php?thread_id=5861905&forum_id=2#49883155) |
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Date: May 15th, 2026 11:30 AM Author: copper point
My family has lowish 8 figure wealth (like under $20m but more than $15) but that’s mostly my mother’s money though I basically treat her checking account like my own and she pays for all my shit like my new Zerno coffee grinder. I have like $4.5 millionish in assets to my name but most of it is locked up in three properties and 401Ks and shit. I’m not sitting on liquid millions. I also have partners in the lab business (2 doctors) so it’s not like any of us want to pour our own liquid assets into a partnership if we can get affordable financing and risk other people’s money or the entity’s money. We have about a million total of our own money in the business and SBA loans for the rest. My actual cash contribution to this thing was $144k and a lot of sweat equity since the doctors do no work and I handle every legal and business thing they can’t be bothered with. My entire stake is still just under 25%.
Anyway…you’re doing life wrong if you aren’t leveraged at least somewhat. I could probably be doing more real estate shit but can’t be bothered. Honestly hate it.
(http://www.autoadmit.com/thread.php?thread_id=5861905&forum_id=2#49885910) |
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