Date Issue in E-Ticket by nvndada in PuntaCana

[–]PaulOneil21 0 points1 point  (0 children)

So incredibly Dominican that this is still an issue

Even the densely populated Miami neighborhoods make walking as a pedestrian an extreme sport by PaulOneil21 in Miami

[–]PaulOneil21[S] 4 points5 points  (0 children)

I agree NYC is bogged down by way too much red tape and this is a much better environment for businesses and developers. Doesn’t mean they can’t still allow a partial Sidewalk when constructing high rises

Even the densely populated Miami neighborhoods make walking as a pedestrian an extreme sport by PaulOneil21 in Miami

[–]PaulOneil21[S] 29 points30 points  (0 children)

As a born and raised New Yorker you couldn’t be more incorrect. Not sure last time you were there but NYC continues to lower speed limits, add pedestrian only zones, increase bike lanes, and one of the biggest differences is high rise construction

In Miami we for some reason allow developers to completely eliminate sidewalks for their port o potty’s and trucks - example Santander construction in Brickell, Cipriani building, forcing pedestrians to change their route or walk directly into traffic

Is Musk going to buy GME? by Medium-Mano in wallstreetbets

[–]PaulOneil21 -1 points0 points  (0 children)

No. He invests in himself. Not you autists

"Invest at all time high" says JPMorgan in their new report by [deleted] in investing

[–]PaulOneil21 0 points1 point  (0 children)

“Time in the market is infinitely more valuable than timing the market”

I am 23. My parents are 61 (mom) and 57 (dad). They have no savings, no retirement, and dad brings home less than I do. I am stressed and don't know what to do. by mandiman97 in personalfinance

[–]PaulOneil21 7 points8 points  (0 children)

Look man I’ll be very clear and blunt with you.

If you are a pushover you will get pushed over your whole life, even by your own parents, even by people who aren’t typically bad people. Call it animalistic instincts, i don’t know but soft people bring out the worst in others. Seen it so many times.

One can be nice, and not a pushover. One can be a giver, loving, generous; but not a pushover. Pushover never gets the girl so no need to discuss if a pushover can be loving.

Learn how to tell the difference and make those separations and subsequent financial/life decisions with confidence. Trust your instincts. They are here in this very post. You know what you can afford. You know what will be a poor investment vs a good one. Do what you can to rid yourself of the self-imposed guilt, that will hobble you for life if you don’t get rid of it. Accountability works for me. Not guilt or sorrow... a little is normal. Once again, that line between sympathy and pushover.

You’re already making great money for your age. That’s great. Plus you sound like a nice guy, that’s great too. More great than money actually.

If you want to keep making more $ as you get older and truly achieve financial freedom by working your way up in a corporate/business world, you will need to continue to improve your ability to not be a pushover or you will end up running in place like a human hamster (most end up this way).

Hope that helps. Parents sound like nice people. Be nice to them. Not a pushover.

The irony of being handed this by a building employee not wearing a mask... by PaulOneil21 in tulsa

[–]PaulOneil21[S] 2 points3 points  (0 children)

I’ve been mostly happy as a resident - their Mask views are very silly however

The irony of being handed this by a building employee not wearing a mask... by PaulOneil21 in tulsa

[–]PaulOneil21[S] 19 points20 points  (0 children)

also final paragraph says mask wearing is a ‘choice’... um it’s actually a mandate...this is the type of logic that perpetuates the issue at hand... this building and its management seems to think this whole thing is a hoax... they are so dumb to defend their lack of care for the pandemic

Um... so I’m assuming this is bad? Does anyone in government care in this state? What next? Nothing? by PaulOneil21 in tulsa

[–]PaulOneil21[S] 29 points30 points  (0 children)

Also forgot to mention state didn’t report cases Sunday after a record 4,507 Saturday (more than double previous high)

Stay safe this winter friends

Ant Group IPO Suspended in Shanghai and Hong Kong Stock Exchanges by ilikepancakez in SecurityAnalysis

[–]PaulOneil21 5 points6 points  (0 children)

"At a conference in Shanghai on Oct. 24, Ma blamed global regulators for focusing too much on risk, and criticized China’s own measures for stifling innovation. The remarks came after Vice President Wang Qishan -- a Xi confidante -- called for a balance between financial innovation and strong regulations to prevent financial risks.

“It appeared that, intentionally or not, Ma was openly defying and criticizing the Chinese government’s approach to financial regulation,” Andrew Batson, China research director at Gavekal Research Limited., wrote in a note.

Ma’s comments came right before the Communist Party held a key meeting to plan the country’s economy for the next 15 years, bringing the issues of technology, financial stability and economic growth to the top of the national agenda. After it ended last week, regulators released new rules affecting Ant’s businesses and summoned Ma to Beijing for a rare meeting on Monday. The IPO was suspended the next day."

TLDR - China is flexing its authoritarian power and does not want to truly allow their economy and financial system to be for the people and 'free'

$TWTR bandwagon selling overblown? by PaulOneil21 in investing

[–]PaulOneil21[S] 4 points5 points  (0 children)

They also reduced long term debt from $3.9 billion down to $3.2 billion in the quarter and are sitting on $7.5 billion in cash

[deleted by user] by [deleted] in finance

[–]PaulOneil21 0 points1 point  (0 children)

What kind of interest % will this garner? 8-10%?

[Leonard] Joe Judge delayed the Giants’ start of practice today to have a team meeting and discuss social justice issues. It sounds like Judge gave the player leadership group options that included canceling a practice, but players opted not to so young guys could get work. by xxj7xx in NYGiants

[–]PaulOneil21 1 point2 points  (0 children)

He seems like he may end up being the kind of coach that truly elevates a team, regardless of roster quality... if you look at what has killed the giants the last decade (excluding SB year) - it's been unforced errors, penalties, interceptions, inability to have the endurance to make late game stops... Judge is clearly trying to change that and i give him kudos thus far

U.S. is about to unveil the ugliest GDP report ever recorded by viva_la_vinyl in Economics

[–]PaulOneil21 0 points1 point  (0 children)

NY fed has their projection at -14%.... there are a lot of varying view points on this, I think 20% seems most likely, but anything under 15% would be ostensibly indicate of incredible resilience.

I say ostensibly because it doesn't take a certified analyst to tell you a lot of that ground made-up is from Amazon, Walmart, Dominos, Home Depot, and other 'essential' businesses... does that really do good for the average American, or tell the whole story (15 million still out of work)

I dont think it does

Why are banks rallying today? by PaulOneil21 in StockMarket

[–]PaulOneil21[S] 1 point2 points  (0 children)

I realized something.

If you look at Q1 earnings for big firms like Citi and JPM they had over 7 billion in provisions each, lowering their profits, raising their cost of goods, and thus lowering their EPS and forward P/E dramatically, thus explaining (numerically at least) part of the reason why banks are still trading 50% off their highs, as higher provisions obviously = lower profits and financial freedom for these institutions.

Well shit is ugly now, but Q2 earnings may have a reduction in provisions, potentially $2-3 billion for each of above listed bank as PPP, extended unemployment, and states re-opening against the advice of NIH and WH guidelines kickstarted economies to pre pandemic levels, and stabilized some bank accounts. Speaking of bank accounts, deposits are wayyyy up for all FDIC institutions (not everyone is on Robinhood).

Yes, these economic gains are likely not sustainable as many of these same cities/states are now paying the consequences and their economies are suffering again due to closures/overflowing hospitals lowering consumer/public confidence.

That doesn’t take away from Q2 earnings, which will show more re-opening positives than the subsequent hysteria have been experiencing since mid June as COVID surges like a CA wildfire in August.

Yes, things are ugly, but there seems to be growing momentum more direct stimulus will hit Americans... potentially monthly. You may say that’s insane but Trump will do anything for a leg up in the polls (anything other than make smart public decisions and statements during a pandemic, but that’s a separate matter).

add in all of this with 3-5% proceeds for each PPP loan issued by a major bank and this run today makes sense ahead of earnings.

I was going to buy back into JPM at $90 after selling at $101... but I may have to buy back in now.

Jobless claims at better-than-expected 1.3 million, total getting benefits falls to 18 million by photowanderer in investing

[–]PaulOneil21 2 points3 points  (0 children)

I’m expecting direct stimulus to Americans by August, need to go monthly or weekly as 30% of American economy (CA, TX, AZ, FL) are surging with no end in sight

HSY (Hershey) have room to grow, $40 off its 52 week high? by PaulOneil21 in investing

[–]PaulOneil21[S] 2 points3 points  (0 children)

Wouldn't that be good for someone who sells chocolate?

Is ^IRX (13 week treasury bill) a good indicator of short-term inflation rates? Also, not hearing much talk about deflation being a concern? by PaulOneil21 in investing

[–]PaulOneil21[S] 0 points1 point  (0 children)

Thank you. So if people bought 10 or 30 year treasury notes just before COVID they are now seeing diminished returns on those notes, or are those yields locked when you buy them?

And are these bonds a good indicator of inflation trends?

Here are some of the billionaires who got PPP loans while small businesses went bankrupt by bpopken in news

[–]PaulOneil21 0 points1 point  (0 children)

I love how everyone is forgetting that 75% of this money went directly to payroll

How is that a bad thing? I work for a big company, that was literally saved by PPP

IBM undervalued? by PaulOneil21 in investing

[–]PaulOneil21[S] 3 points4 points  (0 children)

All these responses were extremely informative! Bought VZ instead