Richard Harrow
Deplorable.
We will not strike. The Teamsters and the company dont have the stomach for it.
dow 23000
- Thread starter Jkloc420
- Start date
We will not strike. The Teamsters and the company dont have the stomach for it.
UpstateNYUPSer(Ret)
Well-Known Member
I wouldn't be surprised if we had a one day nationwide work stoppage in protest of the PVD's.
PASinterference
Yes, I know I'm working late.
Maybe after peak. Maybe.
UpstateNYUPSer(Ret)
Well-Known Member
Waiting until after Peak would be like protesting against a winning candidate after the election.
I can see us walking sometime Thanksgiving week.
PASinterference
Yes, I know I'm working late.
That was my point, Dave. Like negotiating a contract with obvious loopholes that a 3rd grader would have caught. We just go through the motions now.
Brownslave688
You want a toe? I can get you a toe.
Well it matters if they don't come. That'll kick us into a correction for sure
Benben
Working on a new degree, Masters in BS Detecting!
Don't bet the farm on that. Trump doesn't have 1 legislative win yet and its October! Mueller and company are working 100x's harder than the White House. I would not be surprised if something (no matter how small) gets rammed through so that the powers that be can point to something that resembles a win.
2018 mid terms are right around the corner. Can you see DC doing something that can be twisted by the other side 2 or even 4 months before people vote? Factor in the bills from Texas, Florida and Puerto Rico coming into focus around January with the National Debt being revised and the cost of tax reform is going to be a small mountain to climb.
twoweeled
Well-Known Member
True. I wonder how that happens! I also wonder why no one is surprised. That's probably why it happens, in part.
DriveInDriѵeOut
Inordinately Right
Seems inevitable.
I doubt they'll live up to expectations so might as well let the market ride the hype as long as possible.
twoweeled
Well-Known Member
I'm aware of dollar cost averaging. I really just play the market for fun. I actually enjoy it. I don't think I'm beating the market overall, but I'm doing what I wasn't able to do when I was working. It's fun for me, but it's a lot more fun when I'm making a bunch of good moves. Which we all know isn't realistic. I am getting fairly close to setting myself up with dividend funds and mix and letting it go. We'll see. I think you are one of the people who mentioned a certain fund you went into. I remember looking into that. I think it was very conservative? We'll see what happens!
twoweeled
Well-Known Member
True! If it happens, there a long way down to go. Looking at a 1 year chart of DJ, S&P, Nas 100 is just too sweet. Just up and up! I don't know about a recession, but a pullback is long over due. but I've been expecting that for 3-4 months and it just doesn't seem to be coming. It's almost as though the market is trying to draw all the people sitting on the sidelines in, so the market can push everyone over a cliff! Sort of a house cleaning. I don't think I'm as crazy as I sound. Or maybe I am? LOL!
twoweeled
Well-Known Member
Listen to Gumby and don't look back. Time to take another look at your allocations.
twoweeled
Well-Known Member
Yeah, that Apple can be a winner. I hesitated buying more aapl after this little pullback they had I think to about $150. We all knew it was going to come back to $160. I bought some, but not as much as I should've. I may get another chance close to that. Russel seems to be having issues, but could be it's time?
olroadbeech
Happy Verified UPSer
ive got a friend who is a day trader. he has a computer with 7 screens and is making trades all day......a trading junkie.
some days he does great , other days not so good. he admitted to me that he is down overall. if he had put all his money in the Vanguard 500 he would be up whatever the s and p is up for 2017.
we have made 65k this year from all our conservative investments this year. not bragging cause know it could be all wiped out tomorrow .
we are thinking of buying a rental. we do diversify quite a bit with precious metals , REIT mutuals , bonds, etc. since being retired , we have moved more stuff into very conservative areas.
it is fun to play with the market, I agree. I do that with our SMA. It's almost exactly like casino gambling and you should only do that with money you can afford to lose........unless you are another Buffet.
good luck.
Staydryitsraining
Well-Known Member
If we allow pvds and are required to pay for health care we had better strike.
twoweeled
Well-Known Member
Yep, all true. It is like gambling. Sometimes I'll get in a mood where I just wanna do something. I'll grab something volatile with movement. buy enough of something on an uptrend and you can make a couple of bucks. You can also lose a few if it turns on you. The only Buffet I know, is the one I eat at.
twoweeled
Well-Known Member
We should have had a strike at the last contract negotiations. I get the feeling UPS is willing to deal with a strike. I think UPS sees how weak the Union has become and how much stronger the company has become (aggressive too). The Union doesn't want a strike and won't be offering that as an option, Unless forced to do so. The Union will lose too much money going into a strike. I also don't believe the teamsters themselves will vote or push for strike. I also believe you will be paying something/someway for Healthcare. Maybe it'll just start out with reduced benefits. Then, "Oh, you'd like the same level of benefits? Well we can give them to you, but it'll cost you". Then you have just started paying for the same benefits, you've always had. One way or another, you will be paying for Healthcare. The Union will tell you, "well everyone is paying for healthcare", like if that should matter. Once you start paying, it'll just go up from there. Once that door is opened, there is no going back, EVER!! This next contract should open everyone's eyes to trend of our future. We're like the boxer who is swinging while moving backwards. UPS is coming forward and swinging. I'd be surprised if any Teamster sees us pushing the company backwards?
Faceplanted
Well-Known Member
Unless you have insider info the stock market is just like gambling on sports. You do the research, you play the emotions of humans and how they react, and you predict.
Both sports and the stock market have made people lots of money.
Both sports and the stock market have made people lots of money.
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