10 years ago
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10 years ago
by JerrySpringer » Sat Dec 10, 2022 12:03 pm
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Re: 10 years ago
by 68Camaro » Sat Dec 10, 2022 5:35 pm
Hadn't seen that in awhile - a good reminder of those times! Funny how they used the common vernacular for the coin (taken from the Brits) of penny rather than cent.
Still waiting for the lifting of the melt ban, but it'll come, and like Joe said, it'll never drop below a cent in value.
Still waiting for the lifting of the melt ban, but it'll come, and like Joe said, it'll never drop below a cent in value.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: 10 years ago
by Recyclersteve » Sat Dec 10, 2022 8:58 pm
One month after that (January, 2013) was when I joined this fine site. Always enjoyed watching that video and have probably seen it 10-12 times over the years. Thanks for sharing this!
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: 10 years ago
by Cu Penny Hoarder » Sun Dec 11, 2022 8:49 am
Quite a nice hoard. I wonder if Joe is still hoarding Cu pennies?
Almost 2023 and I'm very surprised that pennies are still being minted.
Almost 2023 and I'm very surprised that pennies are still being minted.
Time is precious, stop wasting it.
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Re: 10 years ago
by Recyclersteve » Mon Dec 12, 2022 1:19 am
Cu Penny Hoarder wrote:Quite a nice hoard. I wonder if Joe is still hoarding Cu pennies?
Almost 2023 and I'm very surprised that pennies are still being minted.
And the inflation we’ve had recently has already made the pennies substantially closer to worthless than they already were.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: 10 years ago
by JerrySpringer » Mon Dec 12, 2022 11:38 am
Recyclersteve wrote:Cu Penny Hoarder wrote:Quite a nice hoard. I wonder if Joe is still hoarding Cu pennies?
Almost 2023 and I'm very surprised that pennies are still being minted.
And the inflation we’ve had recently has already made the pennies substantially closer to worthless than they already were.
During the era of high inflation, copper did squat. But the past ~ 16 years it has climbed:
https://www.macrotrends.net/1476/copper ... chart-data
EDIT: First read on Recyclersteve comment interpreted that anyone who saved cents lost out to inflation. After my coffee, I realized it was about the actual cent having no buying power vs many years ago.
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