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Addiction 2023.1

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Road Cycling “It is by riding a bicycle that you learn the contours of a country best, since you have to sweat up the hills and coast down them. Thus you remember them as they actually are, while in a motor car only a high hill impresses you, and you have no such accurate remembrance of country you have driven through as you gain by riding a bicycle.” -- Ernest Hemingway

Addiction 2023.1

Old 01-09-23, 01:26 PM
  #1101  
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Originally Posted by bampilot06





Which one?
Many cable cutters are designed to cut copper or aluminum. You need one designed for steel. Park or Pedro's come to mind. Mine are Pedro's and they work fine.
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Old 01-09-23, 01:28 PM
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Originally Posted by bampilot06
Im sure every situation, job, what not is different, but I was told at the start of my career to not even look at it. Max it out when you can but otherwise don’t look at it. You will die early if you watch it.
Oh I don't "watch" it but it's on the same dashboard as my investment account, because of where I work. It will not make me stray the course; we're not seeing anything yet in the scope of 2008. It's almost the least of my life concerns.
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Old 01-09-23, 01:28 PM
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Originally Posted by Velo Vol
I wonder what's going on there? That's very much out of the norm for retail now, obviously.
Not sure why everyone went bearish on them last year. There were a couple of selloffs by DKS bigwigs, which might've made some other folks sell some. I figured $125 was about the right price for 'em all year last year. A lot of people got mad at Dicks for getting out of the Fishin' and Huntin' business but there's clearly more money in selling $200 basketball and running shoes

Holy cow, maybe I should push my sell limits up a tad more:
Morgan Stanley analyst Simeon Gutman maintains Dick's Sporting Goods (NYSE DKS) with a Overweight and raises the price target from $135 to $165.

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Old 01-09-23, 01:33 PM
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Originally Posted by Velo Vol



Nice chart. I was sure I heard one of the game announcers say that if the Lions beat GB they are in. He must have been mistaken. Either that or whomever made that chart is mistaken. **** happens.
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Old 01-09-23, 01:33 PM
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Originally Posted by bampilot06
Im sure every situation, job, what not is different, but I was told at the start of my career to not even look at it. Max it out when you can but otherwise don’t look at it. You will die early if you watch it.
Why did you look at it?
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Old 01-09-23, 01:37 PM
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Originally Posted by Bah Humbug
Oh I don't "watch" it but it's on the same dashboard as my investment account, because of where I work. It will not make me stray the course; we're not seeing anything yet in the scope of 2008. It's almost the least of my life concerns.
2008 was painful, but it provided a lot of opportunity.

Then again, I bought my first house in the era of 18% mortgage rates.
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Old 01-09-23, 01:37 PM
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Originally Posted by BillyD
Nice chart. I was sure I heard one of the game announcers say that if the Lions beat GB they are in. He must have been mistaken. Either that or whomever made that chart is mistaken. **** happens.
If the Lions won or tied, then the Seahawks were in. If the Packers won last night, their better conference record would have put them in the playoffs instead of the Seahawks.
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Old 01-09-23, 01:49 PM
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Originally Posted by phrantic09
I have a bunch of friends that are Bills fans. They’ve been insufferable the past week. I get it, it was a horrific thing to watch and witness, but they’re all acting like they were personal friends with DH.

The coverage of the game made it even worse. To lump this in as a tragedy the city of Buffalo had to endure with a mass shooting and 40 people dying in a storm was shameful IMO. But maybe that’s just me.
Well, the announcers had to talk about something while waiting an hour for the NFL to decide what to do. The incident clearly isn’t as tragic as the other tragedies, but it definitely was shocking on an unprecedented level.
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Old 01-09-23, 01:55 PM
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Originally Posted by Mojo31
I get it. I feel for the guy and his family, but no more than anyone else, and not nearly as much as those close to me.

There are 805,000 people in the US that have heart attacks every year, one every 40 seconds. DH is really no different than any of the others.

(My wife tells me I'm going to be stricken to hell for things I say.)
It made for such a touchy feely media circus though
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Old 01-09-23, 01:55 PM
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Originally Posted by DangerousDanR
Many cable cutters are designed to cut copper or aluminum. You need one designed for steel. Park or Pedro's come to mind. Mine are Pedro's and they work fine.
correct. No one has those near me in stock.

I worked on bikes for years, 13 to 21. I have never had this issue before. We would strip our bikes down on a weekly bases, trade parts, etc. I’ve cut plenty of cables with the tools I have now. I didn’t realize I bought cable meant to hold the international space station together.
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Old 01-09-23, 01:57 PM
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Originally Posted by BillyD
Well, the announcers had to talk about something while waiting an hour for the NFL to decide what to do. The incident clearly isn’t as tragic as the other tragedies, but it definitely was shocking on an unprecedented level.
I meant during the game yesterday. I get it due to the shock when it happened.
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Old 01-09-23, 01:57 PM
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Originally Posted by Bah Humbug
My 401k plan won't let me set the contribution rate above 75%. I wonder both why, and how many people have tried.

I should hit the max in my second paycheck of March.
Can you do multiple 401k plans?
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Old 01-09-23, 02:01 PM
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Originally Posted by Velo Vol
Wow. Why didn't someone tell me about this earlier?


Hmmph, seems they’ve been doing fairly well since Modells went belly up.
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Old 01-09-23, 02:04 PM
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Originally Posted by seedsbelize2
Can you do multiple 401k plans?
Yes, but.

The 401K is created and sponsored by the employer (in a sense), so if you have two employers during a year you could conceivably contribute to both plans as long as you don't exceed maximum contribution restrictions.
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Old 01-09-23, 02:05 PM
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Originally Posted by bampilot06



I have this, and I bought a fancy 13.00 one at walmart that strips cables and crimps and cuts. The red handle one won’t cut the brake cable and the fancy walmart won’t won’t cut anything .
I've found the Park Tool needle nose to be the best. And it can be used to crimp cable ends too. And cut housing. And be used like needle nose pliers. It has a spring-loaded normally open function. Very convenient. It costs a little more than $3 though

Last edited by seedsbelize2; 01-09-23 at 02:19 PM.
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Old 01-09-23, 02:07 PM
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Originally Posted by Mojo31
2008 was painful, but it provided a lot of opportunity.

Then again, I bought my first house in the era of 18% mortgage rates.
My first house was like 6. Current house is 2 1/8.
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Old 01-09-23, 02:17 PM
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Originally Posted by phrantic09
My first house was like 6. Current house is 2 1/8.
Hold onto that 2 1/8% - you may never see the likes of that again.

All of our real estate is financed at below current market rates by a fair amount.
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Old 01-09-23, 02:18 PM
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Originally Posted by Mojo31
2008 was painful, but it provided a lot of opportunity.

Then again, I bought my first house in the era of 18% mortgage rates.
Yes, that was when I got extra aggressive about retirement planning. It let me get a lot of money in while things were very low. I'd say I'm doing that again now, except I really got back to it once I moved in with AG and had shared living expenses.
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Old 01-09-23, 02:20 PM
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Originally Posted by seedsbelize2
Can you do multiple 401k plans?
No; it can ONLY be contributed to as part of W2 employment income at a for-profit employer (non-profits get the same thing in a 403b as I recall). There are certainly other investment vehicles, but 401k is by far the simplest.

Edit: the "no" is for me, with a single employer. AG has multiple, yes, which caused the issues because they didn't enforce the universal limit correctly.
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Old 01-09-23, 02:21 PM
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401k is greek to me. I was out of the work force long before that became a thing.
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Old 01-09-23, 02:31 PM
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Originally Posted by seedsbelize2
401k is greek to me. I was out of the work force long before that became a thing.
When did you last work? What did you do? Just being nosey.
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Old 01-09-23, 02:52 PM
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I went out on a bike I haven't used in a long time. I knew there was a reason, but I couldn't remember what it was. The chain and freewheel don't play nice together. I think I have a five speed chain kicking around somewhere, and will try it if I find it.
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Old 01-09-23, 03:11 PM
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Originally Posted by big john
When did you last work? What did you do? Just being nosey.
I last worked for the man in the mid 70s. I was a chef trainee. I walked away at the ripe old age of 23. I got laid off and never went back to work after that. And then did various things. Construction, mostly. I had a portable sawmill for awhile, and was a farmer for awhile. And a cook off and on. Worked for a man who made and sold tie dye clothing, and I did quite well for a few years, doing that. Made the best money I've ever made. A little weed farming. All of these things were highly satisfying to do, and barely paid a living wage. All the while, I knew I would get a decent inheritance, our current rainy day fund and nest egg. It is quite small by American standards, but reasonably sizeable by Mexican standards. I surprisingly worked enough quarters to get a SSI pension. My wife's pension is, of course much better than mine.
Though she was in the non-traditional workforce too, until her last 10 years, when she settled into an administrative job at the University and got free tuition for her daughter. And we bought eight years worth of pension, from that university.

Last edited by seedsbelize2; 01-09-23 at 03:18 PM.
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Old 01-09-23, 03:26 PM
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Originally Posted by seedsbelize2
I last worked for the man in the mid 70s. I was a chef trainee. I walked away at the ripe old age of 23. I got laid off and never went back to work after that. And then did various things. Construction, mostly. I had a portable sawmill for awhile, and was a farmer for awhile. And a cook off and on. Worked for a man who made and sold tie dye clothing, and I did quite well for a few years, doing that. Made the best money I've ever made. A little weed farming. All of these things were highly satisfying to do, and barely paid a living wage. All the while, I knew I would get a decent inheritance, our current rainy day fund and nest egg. It is quite small by American standards, but reasonably sizeable by Mexican standards. I surprisingly worked enough quarters to get a SSI pension. My wife's pension is, of course much better than mine.
Though she was in the non-traditional workforce too, until her last 10 years, when she settled into an administrative job at the University and got free tuition for her daughter. And we bought eight years worth of pension, from that university.
Wow. That is a long time. Good for you!
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Old 01-09-23, 03:30 PM
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I never had a 401k but I had a 403b (gov't) which I converted to a self-directed IRA after I retired. Now, I've reached that magical age where I have to take minimum distributions.

Tip: don't tax defer your IRAs. I make 8x the amount that I made when I started making tax deferred deposits to my 403b. Uncle Sam will love me until my IRA peters out which I'll probably never empty.
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