Anyone investing heavily this year??

[Madrox]

Ozempic craze drives junk food stocks lower

The soaring popularity of weigh-loss injections that suppress appetite is threatening the business prospects of some of the biggest snack food makers, who saw their stock battered this week.

www.dailymail.co.uk

Drugs aiding weight-loss like Ozempic have so much promise a major bank is telling investors to short junk food credit

Barclays strategists expect "disruption into a number of industries," thanks to drugs like Novo Nordisk's Ozempic and Wegovy.

fortune.com

Will Ozempic Users Really Buy Fewer Groceries? Major Food Stocks Drop After Walmart Exec’s Claim.

Walmart CEO Jeff Furner said earlier this week that the company had seen a “slight change” in food purchasing habits for people taking weight loss drugs.

www.forbes.com

 

[Flawless]

Any idea how the Israeli conflict will affect the market monday?

 

[bgbtylvr]

War in Israel is a good time to dust off any war & defense stocks you’ve been sitting on. Likely won’t run-up immediately but consider if they make, sell anything war-related. We are gonna end up funding part of this war since American is so pro-Jew.

 

[bgbtylvr]

This won’t play out because most of the people abusing the drug or getting it when they don’t truly need it aren’t hurting for money. The rest of the regular ass fat people will eat as usual. If this causes a drop in the stock of the company making it, maybe look into a position. Otherwise, don’t believe the hype. There will be a crackdown on doctors writing scripts for this soon and good prices won’t be affected.

 

[Supersav]

War in Israel is a good time to dust off any war & defense stocks you’ve been sitting on. Likely won’t run-up immediately but consider if they make, sell anything war-related. We are gonna end up funding part of this war since American is so pro-Jew.

LMT just raised their dividend... December calls should be money

 

[babydaddy]

War in Israel is a good time to dust off any war & defense stocks you’ve been sitting on. Likely won’t run-up immediately but consider if they make, sell anything war-related. We are gonna end up funding part of this war since American is so pro-Jew.

maybe steel companies? i wanna say nucor took off when Russia went to war with Ukraine

 

[rph2005]

This won’t play out because most of the people abusing the drug or getting it when they don’t truly need it aren’t hurting for money. The rest of the regular ass fat people will eat as usual. If this causes a drop in the stock of the company making it, maybe look into a position. Otherwise, don’t believe the hype. There will be a crackdown on doctors writing scripts for this soon and good prices won’t be affected.

I am a WAG pharmacist and from where I am standing back there dispensing your medications, I can tell you the majority of folks getting these SGLT2 Inhibitors (the ozempics, wegovy etc) are not getting them for superficial reasons. they are mostly morbidly obese patients with a myriad of comorbid conditions such as diabetes, heart disease etc. and these injections work, unsurprisingly well. And i don't see a crackdown on doctors writing them, because they aren't narcotics or a controlled substance. Even phentermine which was a weight loss drug as well and was a controlled substance wasn't on the DEA's list like that. the worst that can happen is insurance not wanting to pay for them but even that is 50/50.
Also, the benefits that these medications have shown in terms of improving patient outcomes hasn't gone over the heads of beleaguered insurance companies who have been trying to find ways to save money for quite some time now. I think i heard a few months back that some medicaid plans were planning on covering them and think about it.
If you were an insurance company exec, wouldnt you rather cover ozempic for your 400lb insuree who has type 2 diabetes, an LDL of 300, Total cholesterol of 350 and by all indications in about 4 years may end up having a stroke, heart attack or kidney failure?
Pay for their ozempic for about 6 months, they lose 150 lbs (I have seen this in person many times) and with that weight loss, all the other comorbities also go down in severity...in the long run you save your company millions.

 

[DC_Dude]

I am a WAG pharmacist and from where I am standing back there dispensing your medications, I can tell you the majority of folks getting these SGLT2 Inhibitors (the ozempics, wegovy etc) are not getting them for superficial reasons. they are mostly morbidly obese patients with a myriad of comorbid conditions such as diabetes, heart disease etc. and these injections work, unsurprisingly well. And i don't see a crackdown on doctors writing them, because they aren't narcotics or a controlled substance. Even phentermine which was a weight loss drug as well and was a controlled substance wasn't on the DEA's list like that. the worst that can happen is insurance not wanting to pay for them but even that is 50/50.
Also, the benefits that these medications have shown in terms of improving patient outcomes hasn't gone over the heads of beleaguered insurance companies who have been trying to find ways to save money for quite some time now. I think i heard a few months back that some medicaid plans were planning on covering them and think about it.
If you were an insurance company exec, wouldnt you rather cover ozempic for your 400lb insuree who has type 2 diabetes, an LDL of 300, Total cholesterol of 350 and by all indications in about 4 years may end up having a stroke, heart attack or kidney failure?
Pay for their ozempic for about 6 months, they lose 150 lbs (I have seen this in person many times) and with that weight loss, all the other comorbities also go down in severity...in the long run you save your company millions.

FACTS

 

[bgbtylvr]

I am a WAG pharmacist and from where I am standing back there dispensing your medications, I can tell you the majority of folks getting these SGLT2 Inhibitors (the ozempics, wegovy etc) are not getting them for superficial reasons. they are mostly morbidly obese patients with a myriad of comorbid conditions such as diabetes, heart disease etc. and these injections work, unsurprisingly well. And i don't see a crackdown on doctors writing them, because they aren't narcotics or a controlled substance. Even phentermine which was a weight loss drug as well and was a controlled substance wasn't on the DEA's list like that. the worst that can happen is insurance not wanting to pay for them but even that is 50/50.
Also, the benefits that these medications have shown in terms of improving patient outcomes hasn't gone over the heads of beleaguered insurance companies who have been trying to find ways to save money for quite some time now. I think i heard a few months back that some medicaid plans were planning on covering them and think about it.
If you were an insurance company exec, wouldnt you rather cover ozempic for your 400lb insuree who has type 2 diabetes, an LDL of 300, Total cholesterol of 350 and by all indications in about 4 years may end up having a stroke, heart attack or kidney failure?
Pay for their ozempic for about 6 months, they lose 150 lbs (I have seen this in person many times) and with that weight loss, all the other comorbities also go down in severity...in the long run you save your company millions.

This agree with. I don’t agree with the drug having a dramatic affect on food consumption or pricing. I believe that part is a scare tactic.

 

[HellBoy]

Conversation with my 14yr old -

Me: Whats your favorite stock that you own?

Her: Krispy Kreme

Me: Why?

Her: Because I'm not going to have something like rockets, because things can go wrong. You can never go wrong with donuts.

Me:

 

[Helico-pterFunk]

WTF is Private Equity - and Why It Matters with David Rubenstein

RELATED POSTS Silicone Valley: The Money Trail of Barbie Botox with Christine Chiu Should You Quit Your Job? Here’s The Formula from Nicole Walters Government Funding Is Gone For 3+ Million Americans — And No, This Isn’t About Student Debt Originally aired 9.8.22 David Rubenstein is co-Founder...

moneynewsnetwork.com

"My Debt Is Bigger Than My Income. What Should I Do?" (Listener Question)

RELATED POSTS Silicone Valley: The Money Trail of Barbie Botox with Christine Chiu Should You Quit Your Job? Here’s The Formula from Nicole Walters Government Funding Is Gone For 3+ Million Americans — And No, This Isn’t About Student Debt Nicole answers a question from a Money Rehabber whose...

moneynewsnetwork.com

Ben McKenzie on Crypto Scams, SBF IRL and the Hollywood of It All

RELATED POSTS Silicone Valley: The Money Trail of Barbie Botox with Christine Chiu Should You Quit Your Job? Here’s The Formula from Nicole Walters Government Funding Is Gone For 3+ Million Americans — And No, This Isn’t About Student Debt This episode breaks down how to use the...

moneynewsnetwork.com

What Happens If You, Or Your Parents, Don't Have a Will?

RELATED POSTS Silicone Valley: The Money Trail of Barbie Botox with Christine Chiu Should You Quit Your Job? Here’s The Formula from Nicole Walters Government Funding Is Gone For 3+ Million Americans — And No, This Isn’t About Student Debt Today, Nicole breaks down how you can set up your will...

moneynewsnetwork.com

 

[Helico-pterFunk]

Money Rehab Archives

Money News Network is the premiere podcast-driven financial news and information destination.

moneynewsnetwork.com

We Have Options Archives

Money News Network is the premiere podcast-driven financial news and information destination.

moneynewsnetwork.com

Trade Like Einstein Archives

Money News Network is the premiere podcast-driven financial news and information destination.

moneynewsnetwork.com

Money Assistant Archives

On Money Assistant, financial expert and New York Times Bestselling Author Nicole Lapin and her AI sidekick Nicole LApIn, powered by investing assistant Magnifi, combine the best elements of human nature and technology to help guests take actionable steps towards financial freedom.

moneynewsnetwork.com

 

[Helico-pterFunk]

 

[Helico-pterFunk]

 

[Helico-pterFunk]

 

[HellBoy]

I've considered going back to work for the state for a pension. I need 3 years to qualify.

 

[Helico-pterFunk]

I've considered going back to work for the state for a pension. I need 3 years to qualify.

It's a good feeling for peace of mind in the future.


Back around 2005 my employer discontinued the matching RRSP plan and went with an improved pension plan. Over time with my own savings, investments, TFSA (tax-free savings account) and so on (outside of pension-related stuff) ... it's been more reassuring. Knowing I can also count on MPP and CPP (municipal pension plan + Canada pension plan) and OAS (old-age security) later on down the line.

 

[Helico-pterFunk]

Municipal home - Municipal - Municipal

mpp.pensionsbc.ca

Canada Pension Plan - Overview - Canada.ca

The Canada Pension Plan (CPP) provides contributors and their families with partial replacement of earnings in the case of retirement, disability or death.

www.canada.ca

 

[Madrox]

Question for the Traders: Probably been discussed before, but are there any ETFs that ya'll use to stash sideline cash instead of having it just chillin in the sweep account? Maybe a treasury ETF or something?

Any pros or cons?

 

[Helico-pterFunk]

When it comes to Black homeownership, these people are keeping it in the family

Owning property can be a path to generational wealth, but the road to getting there can be hard

andscape.com

Worries about debt are part of my inheritance

Life & Debt is a series looking at the disproportionate impact of financial debt on the Black community. For my entire adult life, a bar from rapper Kanye W…

andscape.com

When that regular paycheck means a line of family members asking for loans

Life & Debt is a series looking at the disproportionate impact of financial debt on the Black community. Carini Banks grew up poor in Indianapolis in a fami…

andscape.com

I’m never paying my student loans back. Here’s why.

After racking up more than $100,000 in debt, thanks to rapidly compounding interest, this writer has has enough

andscape.com

.PDF document = https://www.nar.realtor/sites/defau...race-and-home-buying-in-the-us-03-02-2023.pdf

 

[DC_Dude]

 

[HellBoy]

TOP STOCKS TO WATCH FOR THE WEEK OF OCT 9,2023

This video covers earnings this week, SPY, XLE, Amazon

 

[Supersav]

Question for the Traders: Probably been discussed before, but are there any ETFs that ya'll use to stash sideline cash instead of having it just chillin in the sweep account? Maybe a treasury ETF or something?

Any pros or cons?

Yes it's called Tesla leaps lol

 

[Madrox]

Yes it's called Tesla leaps lol

That's probably out of my range lol. I just put a lil money back into my trading account for the first time since implosion in 2022. Trying to build it back up a bit, slowly.

Guess I'll keep it simple and stash it away in the sweep account for now.

 

[Helico-pterFunk]

 

[Flawless]

That's probably out of my range lol. I just put a lil money back into my trading account for the first time since implosion in 2022. Trying to build it back up a bit, slowly.

Guess I'll keep it simple and stash it away in the sweep account for now.

make sure the sweeps account is also a money market account so you get your 5%

 

[Madrox]

make sure the sweeps account is also a money market account so you get your 5%

Yea this is what I was hoping to find as an option.. I gotta look into this, thanks

 

[Flawless]

Yea this is what I was hoping to find as an option.. I gotta look into this, thanks

I think Vanguard and fidelity have it setup by default, td ameritrade doesn't

 

[Madrox]

These dudes are based in the UK, but still a pretty good discussion about: investing in general, the case for simply investing in a global fund, and taught me a few things about bonds (I'ma full blown idiot when it comes to bonds).

...

Chapters:

00:00-00:46 - Introduction
00:46-06:40 - Why professional investors fail
06:40-11:29 - How to do it cheaper and better than the professionals
11:29-14:07 - Global or S&P 500?
14:07-15:03 - Manual ad
15:03-21:45 - How many funds should you have in your portfolio?
21:45-25:45 - Why bonds are sexy (now)
25:45-30:36 - Gold and cryptocurrency
30:36-31:46 - Sensate ad
31:46-38:34 - How to buy bonds
38:34-44:25 - Holding property in your ISA via REITs
44:25-49:14 - De-risking
49:14-57:37 - Why Ramin left his job to start a Youtube channel
57:37-57:49 - Watch this video next

 

[DC_Dude]

 

[Rudey]

$TPST, I didn't buy it but my girl did.

 

[Moore]

$TPST, I didn't buy it but my girl did.

Man today was that day

 

[DC_Dude]

 

[Efkie]

Question for the Traders: Probably been discussed before, but are there any ETFs that ya'll use to stash sideline cash instead of having it just chillin in the sweep account? Maybe a treas8 ury ETF or something?

Any pros or cons?

If you don't want risks you might consider short term Tbills

I just try and buy some Cornsterstone whenever it's under $8. Margin required is around 50%
It's not a fund to store all of your wealth in because it's a CEF and it has certain risks, but the distribution they pay every month is high IMO.
When I have a 1000 shares I'll move the position away from my broker to the transferagent since my broker doesn't offer the CSDRIP.
CSDRIP for this stock allows you to get the shares at the NAV price instead of market price which is higher

Another small play that I have open USOI which is a Note (ETN) . RIsk is very high because it follows the oil price and therefore it requires 100% margin.
But THe monthly dividend is also high. If I'm able to get 1 stock by reinvesting the dividend within this year I might consider adding more
I bought 10 shares at $75 on May24 and because of the dividend reinvestment i have 10.59151 shares

 

[Madrox]

I posted all this up in the A. Hayes threads, but thought I'd leave it here too since Macro Economics / Investing is discussed

Summary posted in the comments:

17:55 the cause of inflation.
24:30 Summary 1
30:15 Bank Term Funding Program (“BTFP”).
50:35 Summary 2 - American government bankrupted the American banking system.
1:02:48 Issues the American markets already know about.
1:09:57 China won’t be low cost manufacturer going forward.
1:12:30 India
1:21:51 Volatility 1
1:32:27 Volatility 2
1:34:11 Bond
1:45:06 buy BTC, Ethereum and Foul Coin.

--------------------------------------

Double Happiness

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

cryptohayes.substack.com