Things that made you Facepalm today (Political Version)

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05-13-2019, 02:16 PM
Tgo01

Quote:

Originally Posted by Suppa Hobbit Mage

OMG THE OBAMA ECONOMY IS CRASHING TODAY.

Thanks, Obama!

I predict suddenly the economy will be all over the news today.
05-13-2019, 02:22 PM
Suppa Hobbit Mage

Quote:

Originally Posted by Tgo01

Thanks, Obama!

I predict suddenly the economy will be all over the news today.

I just bought about 10K worth of stocks... I'm hoping for a bounce tomorrow or over the course of the next few weeks for a quick turn.
05-13-2019, 02:27 PM
Stumplicker

Quote:

Originally Posted by Suppa Hobbit Mage

I just bought about 10K worth of stocks... I'm hoping for a bounce tomorrow or over the course of the next few weeks for a quick turn.

As an aside, if you're looking for a medium to long term investment that will pay off well, buy into Instacart through Equityzen. Minimum is 10k, but they are going to absolutely obliterate Amazon and Walmart/Jet's fresh grocery delivery services.
05-13-2019, 02:47 PM
Suppa Hobbit Mage

Quote:

Originally Posted by Stumplicker

As an aside, if you're looking for a medium to long term investment that will pay off well, buy into Instacart through Equityzen. Minimum is 10k, but they are going to absolutely obliterate Amazon and Walmart/Jet's fresh grocery delivery services.

I tend to not bet against Amazon. I think they are out over their ski's on delivery stuff though, as is everyone else. Can't be much margin in that world.
05-13-2019, 03:15 PM
Stumplicker

Quote:

Originally Posted by Suppa Hobbit Mage

I tend to not bet against Amazon. I think they are out over their ski's on delivery stuff though, as is everyone else. Can't be much margin in that world.

There's not much margin in the grocery business to start, but Amazon's Fresh program was smart. They quickly realized they didn't have the refrigerated infrastructure to do it in any major markets outside of city centers. So they bought Whole Foods, who has nationwide distribution, allowing you to at least order fresh food on Amazon and pick it up at your local Whole foods wherever there is one. But Whole Foods doesn't have delivery, so it's buy and pick up if you're outside of a city.

Amazon's Fresh started competing with their own other program which delivers Amazon stuff within 2 hours inside of cities. So they scaled back on Fresh, and Whole Foods still can't deliver.

Enter Wal Mart, who exists outside of cities in most towns, and most of whose locations also have refrigerated storage (Because a lot of walmarts have supermarkets). But they also don't deliver, so they charge a premium for it. If you're near a walmart, they'll send you pantry items in 2 days or freezer items by 6 AM the next morning, at a premium because you're paying extra for delivery.

Enter Instacart, who partners with Lyft, Uber, Taxi services, and aaaalll the grocery chains that aren't Walmart or Amazon. Grocery stores have no incentive to not go with Instacart, because they sell at full price for no extra dollars. They're just letting taxi drivers into the building to buy in person, like any other customer. Every town in the country has one, usually two or more markets. Uber/Lyft/Taxi drivers make a small amount extra to basically become pizza delivery dudes and personal shoppers. Instacart users pay a monthly membership and that's it. No extra shipping. No hiked up prices. You get fresh goods from your local grocery store to your door in a couple hours.

They. Are. Crushing it. Amazon and Walmart can't compete because they charge hefty premiums for delivery and/or don't have fresh storage. But every town in America has uber and a grocery store already.

It's worth looking into. There's a reason Amazon has been cooling on groceries for the last year.
05-13-2019, 04:23 PM
n0551n3n0m1n3

Not to provide stump with accuracy, but Amazon is also about to be hit hard over selling toxic children's school supplies in the US.

https://www.bbc.com/news/technology-48227137
05-13-2019, 05:21 PM
Gelston

Quote:

Originally Posted by Stumplicker

There's not much margin in the grocery business to start, but Amazon's Fresh program was smart. They quickly realized they didn't have the refrigerated infrastructure to do it in any major markets outside of city centers. So they bought Whole Foods, who has nationwide distribution, allowing you to at least order fresh food on Amazon and pick it up at your local Whole foods wherever there is one. But Whole Foods doesn't have delivery, so it's buy and pick up if you're outside of a city.

Amazon's Fresh started competing with their own other program which delivers Amazon stuff within 2 hours inside of cities. So they scaled back on Fresh, and Whole Foods still can't deliver.

Enter Wal Mart, who exists outside of cities in most towns, and most of whose locations also have refrigerated storage (Because a lot of walmarts have supermarkets). But they also don't deliver, so they charge a premium for it. If you're near a walmart, they'll send you pantry items in 2 days or freezer items by 6 AM the next morning, at a premium because you're paying extra for delivery.

Enter Instacart, who partners with Lyft, Uber, Taxi services, and aaaalll the grocery chains that aren't Walmart or Amazon. Grocery stores have no incentive to not go with Instacart, because they sell at full price for no extra dollars. They're just letting taxi drivers into the building to buy in person, like any other customer. Every town in the country has one, usually two or more markets. Uber/Lyft/Taxi drivers make a small amount extra to basically become pizza delivery dudes and personal shoppers. Instacart users pay a monthly membership and that's it. No extra shipping. No hiked up prices. You get fresh goods from your local grocery store to your door in a couple hours.

They. Are. Crushing it. Amazon and Walmart can't compete because they charge hefty premiums for delivery and/or don't have fresh storage. But every town in America has uber and a grocery store already.

It's worth looking into. There's a reason Amazon has been cooling on groceries for the last year.

Yeah, Amazon just launched a program for its workers where they can quit their job and open a amazon delivery service, providing them with up to 10k in startup cash.

Check out indeed for delivery driver too, every major city has tons of Amazon Delivery Driver jobs up through various rando companies.

Amazon has also started up a brokerless freight shipping service, where they can undercut everyone else by as much as 33% by negotiating directly with the drivers.

Amazon isn't going to be beat by anyone here.
05-13-2019, 05:23 PM
sellstuff1

Quote:

Originally Posted by Suppa Hobbit Mage

I just bought about 10K worth of stocks... I'm hoping for a bounce tomorrow or over the course of the next few weeks for a quick turn.

Great time to invest, retard.

https://www.cnbc.com/2019/05/13/1poi...-expected.html
05-13-2019, 05:26 PM
Gelston

Quote:

Originally Posted by sellstuff1

Great time to invest, retard.

https://www.cnbc.com/2019/05/13/1poi...-expected.html

It is always a great time to invest. These companies aren't going to be going bankrupt. Keep buying as everyone sells, because they are going to be going back up.

Also, the S&P 500 is a fucking retarded way to gauge the market.
05-13-2019, 06:07 PM
Neveragain

Quote:

Originally Posted by Gelston

It is always a great time to invest. These companies aren't going to be going bankrupt. Keep buying as everyone sells, because they are going to be going back up.

Also, the S&P 500 is a fucking retarded way to gauge the market.

In Canada you sell low and buy high, that's why it's Canada.

It's sort of how they pretend to be French but they are British subjects.

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