Favorite team:LSU 
Location:Republic of Texas
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Number of Posts:3303
Registered on:8/25/2015
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I hold it as more of a psychological ballast in the portfolio. Actually, now that you've brought it to my attention I think I'm going to allocate the funds elsewhere. Thanks :cheers:
ChatGPT, Claude, Grok
It's not about logic or lack there of. It's because states who don't abide by the drinking age act would lose federal highway funding.

And as someone stated above. MADD drove up huge demands for something to change.
About $42K in 2017. Bought my next one 8 years later (Feb '25) for $60K

$18K additional for same type of truck. Different makes but similar model of each.

Per ChatGPT:
quote:

If the 2025 truck was truly the equivalent trim level, engine, and capability as the 2017 truck:

Inflation-adjusted fair value: ~$56k–57k
Actual purchase price: $60k
Premium over inflation: ~$3k–4k

That's close enough that I'd classify it as "within normal market pricing", not overpaying.

The surprising takeaway is that a jump from $42k to $60k sounds huge (43%), but over eight years it works out to only 4.6% annually, which is not far from what inflation and the truck market actually delivered during that period.


re: No trading today...I'M BORED!

Posted by Snoopy04 on 6/19/26 at 11:07 am to
Oooookay. It was just an expression on the boredom. Just stating that I would have liked to make some INFORMED money moves today.



No trading today...I'M BORED!

Posted by Snoopy04 on 6/19/26 at 10:47 am
Today being a non trading holiday is bogus! LET ME GAMBLE MY MONEY!!!!

It's insane to me how insulting these people are of our intelligence. To the point where I put overlapping tin foil hats on and dig myself into a rabbit hole of conspiracy.

The government knows fact checking is damn near inconsequential so I'm starting to wonder if these stories are right leaning sourced as fuel for the hatred of the left. Cause the headline trumps (ha, pun intended) whatever the fact checking results are anyways. It's like "oh well the story wasn't true, or severely embellished....BUT THE LEFT WOULD DO THAT!"


OR is the left really just that stupid? and I'm not talking about the elected officials. on the contrary they are geniuses being able to constantly get support from their constituents with the shite they pull off.



re: SPCX IPO

Posted by Snoopy04 on 6/14/26 at 10:29 pm to
quote:

Yes I don’t understand why regular individuals are buying SPCX now instead of waiting for it to dip.



Well, if you were someone who got in at the IPO price, you can make money on the initial retail bump and sell "at the top". Then after lock out period is over and there's a big sell off with profit taking by those who got in early, you can get back in and collect more than before.

re: SPCX IPO

Posted by Snoopy04 on 6/12/26 at 10:22 am to
quote:

What time does it start trading? Im still seeing $135

Here's a detailed reply when looking up why IPO's trade later than the open...

"The primary reasons for delayed trading include:

Determining the True Market Value: The price printed on a prospectus is not the price the public will pay. Underwriters gauge pre-market trader demand to find a fair opening price. If the stock is highly anticipated, this process ensures the price can open at a premium without immediate chaos.

Auction Mechanics: Exchanges use specific opening processes (such as Nasdaq's "IPO cross" or the NYSE's "IPO auction"). These systems run matching algorithms designed to prevent extreme price manipulation and provide stable initial executions.

Volatility Management: Because newly listed stocks have limited liquidity and high emotional demand (FOMO), taking hours to balance large buy and sell orders helps absorb early volatility."



It should be actively trading in the next couple hours or so.

re: SPCX IPO

Posted by Snoopy04 on 6/12/26 at 9:32 am to
The IPO price is $135 but once it begins trading, I anticipate it will be higher at the start and then the roller/space coaster begins.

re: SPCX IPO

Posted by Snoopy04 on 6/12/26 at 9:17 am to
quote:

unless i was supposed to go in and affirm or whatever. never got notice though

Affirmation window, I believe, was between closing yesterday and early this morning. For me that was 3 pm central yesterday and maybe 7 am today???

I know that doesn't matter for you today, but if in the future you attempt more IPO purchases just be sure to check the IPO schedule tab in your Schwab profile for the account you are going to be using for the purchase attempt(s).

re: SPCX IPO

Posted by Snoopy04 on 6/12/26 at 8:35 am to
More than the 10 I was allocated, but at least I'm in the club. Should be a wild ride! :cheers:
quote:

how’s that working out for ya?

quickly back to not being a fan of either team so that was my last finals game watch of the season.

more importantly, Canes gonna go up on Golden Knights tomorrow!
quote:

...the deserved karma for the city of NY was a great boost for the first half. Can't depend on it for the second half...

Even being a Texan I didn't really have a true dog in the fight. Not the biggest NBA fan. However, after seeing the shite New Yorkers pulled after the last game I'm all in on Spurs as I should have been all along.

All that said, the deserved karma for the city of NY was a great boost for the first half. Can't depend on it for the second half so Spurs better come out with same intensity and not let up. GSG!

re: Your favorite mall stores

Posted by Snoopy04 on 6/9/26 at 3:37 pm to
quote:


I'll go...

Banana republic
GAP
J Crew
American eagle
Ralph Lauren
Brooks brothers

I guess it is June isn't it?

ETA: during my mall going days: food court, gamestop, kb toys (any toy store i guess), footlocker/lids/sports memorabilia, sharper image/any gadget type store...ohhhh adding FYE to piggyback off post above. good one there.
quote:

Kyle was retreating, at full speed, and being pursued.

But but but, he went there with intent!!!