12 replies to this topic

[skott]

Insiders of financial co's have been big sellers lately. I know VISA has sold. yesterday Mastercard. Here is their info for y'day

 

MasterCard Inc A

369.96

2

1

345,094

$127,713,232

10

5

1,012,932

 

 

That's 2 sales for $127 mil  over the last 3 months it's been nearly $400 million worth of stock sold by insiders

[Rogerdodger]

Insiders of financial co's have been big sellers lately.

 

I guess they can read...

 Households increased debt at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances.

• The credit card balance collectively rose more than 15% from the same period in 2021, the largest annual jump in more than 20 years, according to the New York Fed.
• The increase stems from “a combination of robust consumer demand and higher prices,” a Fed official said.
• Nov 15 2022

 

$907.13 Natural Gas bill!
"We know that families are struggling to make ends meet."

Brent Eldridge had heard that prices for natural gas were high this winter, but nothing prepared him for how bad it could be.

When he opened the envelope from Long Beach's utility department, he couldn't believe the total: $907.13, nearly eight times higher than his bill at the same time last year.

"It made me want to puke," said Eldridge, 48, a pastor.

 

Homeless encampments overrun Chicago's O'Hare...

 

More than Half of High-Income Consumers Now Live Paycheck to Paycheck

January 30, 2023

Share of Americans living paycheck to paycheck rises to 63%

Dec 15, 2022 — As of November, 63% of Americans were living paycheck to paycheck, according to a monthly LendingClub report — up from 60% the previous month ...

 

How to Stop Living Paycheck to Paycheck - Ramsey Solutions

https://www.ramseysolutions.com › Articles

11 steps

1.Create a budget to tell your money where to go instead of wondering where it went.

2.Make sure you cover food, utilities, shelter, and transportation first in your budget.

3.Save a starter emergency fund of $1,000 to have a safety net for those life happens moments

...

Edited by Rogerdodger, 15 February 2023 - 04:04 PM.

[pdx5]

Insiders of financial co's have been big sellers lately. I know VISA has sold. yesterday Mastercard. Here is their info for y'day

 

MasterCard Inc A

369.96

2

1

345,094

$127,713,232

10

5

1,012,932

 

 

That's 2 sales for $127 mil  over the last 3 months it's been nearly $400 million worth of stock sold by insiders

 

Those insiders are smart. Sell high, buy low still works.