Economy

[teachercd]

3 minutes ago, JJ Husker said:

 

As my guy always reminds me; It’s time in the market, not timing the market.

Yeah, it is super easy to get swept up in trying to make a quick dollar here and there.  

 

Especially now with it all being online and trading being free.

[BigRedBuster]

48 minutes ago, JJ Husker said:

 

As my guy always reminds me; It’s time in the market, not timing the market.

I have my 401K that I very very seldom ever look at.

 

I have an old IRA that I started when I owned a different business.  That one I play around in.  I tend to buy a stock and hardly ever sell.

[teachercd]

1 minute ago, BigRedBuster said:

I have my 401K that I very very seldom ever look at.

 

I have an old IRA that I started when I owned a different business.  That one I play around in.  I tend to buy a stock and hardly ever sell.

For me, I get attached to certain stocks that I buy.  It makes it really hard to sell them even when they are tanking. 

 

I am trying to change that approach and being happy with "modest" gains and on to the next one.

[BigRedBuster]

@teachercd  Well, SOUNW all of a sudden thinks it's hot stuff today, up 35%.  To bad it has to go another 44% for me to break even.  

[teachercd]

25 minutes ago, BigRedBuster said:

@teachercd  Well, SOUNW all of a sudden thinks it's hot stuff today, up 35%.  To bad it has to go another 44% for me to break even.  

Dang!

 

That stock is nuts. 

 

Like I said, I dumped it and made a like 200 dollars maybe.  I could have made way more had I sold it when it got well over 5 dollars but I just kept thinking that maybe it would explode

 

It is probably going to get back near 6 dollars as it pairs up with NVDA.

 

So I went back and checked.  I got 300 shares for 86 cents.  Sold those at 2.43

 

Then bought 100 at 5.60 and sold it at 4.50 UGGGG!

[Archy1221]

This is a good thing imo.  
 

 

[teachercd]

1 minute ago, Archy1221 said:

This is a good thing imo.  
 

 

Yeah it is...most states were doing away with it anyway.  It was stooopid.

 

 

[BigRedBuster]

Just now, Archy1221 said:

This is a good thing imo.  
 

 

I've never signed one and I've never asked someone to sign one.  So, this really doesn't affect me that much.

 

However, there are some industries where they are having an "oh f#&%" moment.  Mostly in technology.  And, I can see their point.  You have certain people that you pay to develop certain things....they can just jump ship and take all your secrets with them.  However, I do see the employee's point of view too.

[Archy1221]

11 minutes ago, BigRedBuster said:

they can just jump ship and take all your secrets with them

 I don’t believe believe the ruling changed the law in this?   Did I miss something? 

[BigRedBuster]

58 minutes ago, Archy1221 said:

 I don’t believe believe the ruling changed the law in this?   Did I miss something? 

Hope not. 

[Archy1221]

21 minutes ago, BigRedBuster said:

Hope not. 

I’m pretty sure you could never steal trade secrets and still won’t be able to.  

[Crusader Husker]

Gas is up to $3.65 here.  Was $3.20 not long ago.  Is it shooting up for everyone?

[BigRedBuster]

15 minutes ago, Archy1221 said:

I’m pretty sure you could never steal trade secrets and still won’t be able to.  

The biggest area in my industry that I’ve seen it used is with sales managers. Not the regional sales managers, but the national sales manager for the company. The NC  is that they can’t call on customers over a certain size for a certain period of time. 
 

Like I said, I’ve never used it (mainly because I haven’t had to). But, I really don’t have a problem with something like that. Hey, the sales manager can still work in the industry, just certain customers are off limits to actively call on. Also, if the customer calls the other company and wants to buy, that’s fine. 
 

This also points politely a main reason why I don’t have a problem with this change, they’ve always been almost impossible to enforce. You have to have some pretty damning evidence. 
 

I did hire a VP of production that had an NC with his previous company but, it was just that he couldn’t work with a certain raw material. 

[ZRod]

1 hour ago, BigRedBuster said:

I've never signed one and I've never asked someone to sign one.  So, this really doesn't affect me that much.

 

However, there are some industries where they are having an "oh f#&%" moment.  Mostly in technology.  And, I can see their point.  You have certain people that you pay to develop certain things....they can just jump ship and take all your secrets with them.  However, I do see the employee's point of view too.

Non competes are stupid and just hurt common folk. You still can't steal IP, trade secrets, or patented things when you leave, and the work you do on company property is still theirs.

[ZRod]

1 hour ago, BigRedBuster said:

The biggest area in my industry that I’ve seen it used is with sales managers. Not the regional sales managers, but the national sales manager for the company. The NC  is that they can’t call on customers over a certain size for a certain period of time. 
 

Like I said, I’ve never used it (mainly because I haven’t had to). But, I really don’t have a problem with something like that. Hey, the sales manager can still work in the industry, just certain customers are off limits to actively call on. Also, if the customer calls the other company and wants to buy, that’s fine. 
 

This also points politely a main reason why I don’t have a problem with this change, they’ve always been almost impossible to enforce. You have to have some pretty damning evidence. 
 

I did hire a VP of production that had an NC with his previous company but, it was just that he couldn’t work with a certain raw material. 

That right there is why they're so awful. A company should value and work to keep it's employees and customers. If they can't do that that's their problem, not a legal one.