Prices.... Going Up!!!
- Thread starter musichal
- Start date
RodantKapoor
Active Member
Why does that graph remind me of a waveform?
spicer
Lunatic Member
Rorschach test.
bought some stuff yesterday at the parts store and the price about popped my eyes out
4 feet of 3/16" fuel hose
1 foot of 3/8" fuel hose
1/4" threaded T fitting
two 3/8 barb x 1/4 pipe thread
one 1/4 barb x 1/4 pipe thread
6 hose clamps
64 dollars. I was expecting half that. The whole purpose of this was to test a fuel pump to see if thats the problem with something. I could have bought a new pump and filter and just stuck them on for the same money.
4 feet of 3/16" fuel hose
1 foot of 3/8" fuel hose
1/4" threaded T fitting
two 3/8 barb x 1/4 pipe thread
one 1/4 barb x 1/4 pipe thread
6 hose clamps
64 dollars. I was expecting half that. The whole purpose of this was to test a fuel pump to see if thats the problem with something. I could have bought a new pump and filter and just stuck them on for the same money.
YY1
Addicted Member
Brass fittings have skyrocketed in the last 3-4 years.
Started before the covid business.
If it was $4 in 2018, it's likely $12 now.
...and rubber ain't what it used to be.
I have stuff from the 1990's and earlier that's still good and stuff from the 2010's that's deteriorated.
Started before the covid business.
If it was $4 in 2018, it's likely $12 now.
...and rubber ain't what it used to be.
I have stuff from the 1990's and earlier that's still good and stuff from the 2010's that's deteriorated.
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45rpmspinner
Super Member
Yep, that's what they're sayin'......
But what I'm seeing are a lot of numbers/graphs which aren't adjusted for inflation..
At best, not very helpful when looking at info over a long period of time.
At worst, it's deceiving.
Here's an interactive graph based on monthly peak gold prices adjusted for inflation.
Poke around and you'll see if can be set for 5, 10, 20, 30 years...or "all time" which goes back to 1915.
Based on the graph, I count around 30 months just since May 2011 where the peak price of gold was effectively higher than it was today.
https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
Mystic
We're all born mad
I've had the mixed bad~good fortune of handling my (greater) family and my own work-related investment portfolios going on 30 years and yeah we're effin' well up from where we were 25 years ago:
PS: US INDEX is also rocketing UPWARD for the day (i.e., Friday 12 May 2023)
felix_katze
Well-Known Member
Nope. It is about the mathematics of risk diversification. You start significantly reducing risk with around 6 different shares in a portfolio, and get about as much effect as you will ever get with around 30.
YY1
Addicted Member
I try to keep mine to about 10-15 different holdings.
Any more than that and it's too difficult to keep track of.
Mystic
We're all born mad
Prices, costs and expenses...
The Federal Reserve just released the results of its latest Survey Of Household Economics And Decisionmaking (SHED).
Here's a link to the thing: https://www.federalreserve.gov/consumerscommunities/shed.htm
A couple of findings of the 2023 survey:
A new question was asked this year: What is the largest emergency you would be able to handle today using only savingsand not being able to borrow or sell assets?
Americans' responses:
The Federal Reserve just released the results of its latest Survey Of Household Economics And Decisionmaking (SHED).
Here's a link to the thing: https://www.federalreserve.gov/consumerscommunities/shed.htm
A couple of findings of the 2023 survey:
A new question was asked this year: What is the largest emergency you would be able to handle today using only savingsand not being able to borrow or sell assets?
Americans' responses:
- 46% could handle $2,000 or more
- 11% could handle $1,000 to $1,999
- 11% could handle $500 to $999
- 14% could handle $100 to $499
- 18% could handle less than $100.
- 54% had enough cash for three months of expenses.
- 16 % said they would deal with the loss of income by:
- “Selling assets”
- “Drawing on other savings”
- “Borrowing.”
- 30% could not cover three months of expenses by any means.
spicer
Lunatic Member
That's enough to call crisis and introduce unheard of measures.
Mystic
We're all born mad
Fixed it.
Excellent.
I watched one hell of a documentary about the worldwide problem of globalization shipping chains.
Far too in depth for this thread, and will run afoul of political rules, but it was an eye-opener.
But perhaps the most damning thing I've read is that from 1979 to 2019, there was a pie chart showing corporate cash outlay. Profits were 11%, and labor was in the 50% or thereabouts.
That has flipped. Plus, the old aren't being replaced by GenX, just aren't enough of us, and the Millennials see the writing on the wall.
Then there is the US Navy that polices the world's waters to keep shipping lanes open from pirates (I just learned all about THIS) and it is bankrupting us, or so the video implied.
Going to be a bumpy ride. I doubt the dust will settle before I become dust myself.
Far too in depth for this thread, and will run afoul of political rules, but it was an eye-opener.
But perhaps the most damning thing I've read is that from 1979 to 2019, there was a pie chart showing corporate cash outlay. Profits were 11%, and labor was in the 50% or thereabouts.
That has flipped. Plus, the old aren't being replaced by GenX, just aren't enough of us, and the Millennials see the writing on the wall.
Then there is the US Navy that polices the world's waters to keep shipping lanes open from pirates (I just learned all about THIS) and it is bankrupting us, or so the video implied.
Going to be a bumpy ride. I doubt the dust will settle before I become dust myself.
