UPS Q1 2024 Earnings Report - it's that time again.

[Commercial Inside Release]

Who said own?
Clearly going down, and I gave time to act on it.

 

[IVE GOTTA PACKAGE 4U]

Who said own?
Clearly going down, and I gave time to act on it.

Who are you quoting?

 

[Over70irregs]

Looks at the stocks for the last 20 years….

Goldman Sachs suggests that relative to the current macroeconomic backdrop, US stocks are overvalued by 40%.

 

[anonymous23456]

Goldman Sachs suggests that relative to the current macroeconomic backdrop, US stocks are overvalued by 40%.

All stocks on Wall Street are BS. It is always churning to make money for market makers and CEOs. Look at any stock price. It is multiples of earning potential. In layman's term, any stock is worth 3-4x of its earning at least per Wall Street.

You would never buy anything except stock with that kind of valuation. Bond or saving is not worth 3-4x in price relative to its interest rate like stock.

 

[Brownisbrown]

Stocks are heading for a correction pretty much no matter what. You can just get a money mkt fund rate of over 6% and youre done. Theres no reason to risk money on premium if risk free rate is already that high

 

[anonymous23456]

Here is the kicker. It is a rigged game, but you are forced to participate. Do you want some little crumbs for your retirement saving? Then you need to get in and let Wall Street skim some money off you. Congress critters and rich friends know when to get in and out. They need bag holders. You are it.

 

[Brownisbrown]

Here is the kicker. It is a rigged game, but you are forced to participate. Do you want some little crumbs for your retirement saving? The you need to get in and let Wall Street skim some money off you. Congress critters and rich friends know when to get in and out. They need bag holders. You are it.

It is an unfair game but to be fair alot of people just do it upon themselves. Most funds will leave you much better off than you started from

 

[anonymous23456]

It is an unfair game but to be fair alot of people just do it upon themselves. Most funds will leave you much better off than you started from

Yes. They have to give you a little of something. They can't force you in a system and lose everything. Inflation on one side and the gov tax system on the other side, you have to do something to survive. What if you are unlucky and retire at the time the stock market is going down for 10 years long...that would be the worst case scenario.

 

[PT Car Washer]

Here is the kicker. It is a rigged game, but you are forced to participate. Do you want some little crumbs for your retirement saving? Then you need to get in and let Wall Street skim some money off you. Congress critters and rich friends know when to get in and out. They need bag holders. You are it.

How are you forced to participate?

 

[Over70irregs]

All stocks on Wall Street are BS. It is always churning to make money for market makers and CEOs. Look at any stock price. It is multiples of earning potential. In layman's term, any stock is worth 3-4x of its earning at least per Wall Street.

You would never buy anything except stock with that kind of valuation. Bond or saving is not worth 3-4x in price relative to its interest rate like stock.

You slayed it.

 

[Over70irregs]

Yes. They have to give you a little of something. They can't force you in a system and lose everything. Inflation on one side and the gov tax system on the other side, you have to do something to survive. What if you are unlucky and retire at the time the stock market is going down for 10 years long...that would be the worst case scenario.

They would proxy war somewhere else before going that long.

 

[anonymous23456]

How are you forced to participate?

You meant like ObamaCare where you are not forced to participate? "You can keep your healthcare if you like yours?" How did that work out for you?

 

[PT Car Washer]

You meant like ObamaCare where you are not forced to participate? "You can keep your healthcare if you like yours?" How did that work out for you?

Nothing changed for me or my family. I believe most people think the ACA was good for the country.

 

[RTS313]

And delivering medical supplies

Well my experience is contact lens's packages tend to crush when jams occur

 

[IVE GOTTA PACKAGE 4U]

Well my experience is contact lens's packages tend to crush when jams occur

They should be in totes

 

[burrheadd]

You meant like ObamaCare where you are not forced to participate? "You can keep your healthcare if you like yours?" How did that work out for you?

Worked fabulously for me
Never paid a premium rarely got a bill never paid one.not a thing wrong with Teamcare

 

[burrheadd]

They should be in totes

Hell, these rookies don’t even know what’s tote is

 

[Over70irregs]

Worked fabulously for me
Never paid a premium rarely got a bill never paid one.not a thing wrong with Teamcare

I thought O care was supposed to be demolished?

 

[RTS313]

Nothing changed for me or my family. I believe most people think the ACA was good for the country

Did affect me I still get great insurance those who crappy insurance got an upgrade of those choose to.

 

[Anthropomorphic Cow]

Oh look they still ran an 8% profit margin this quarter, and volume definitely started improving the last few weeks. Maybe the sky isn’t falling.