Edmunds Members - Cars and Conversations (Archived)

imidazol97

My facebook use is primarily for information about car shows. There are several groups that announce and document by date the upcoming car shows in central and western Ohio.

My facebook is under a different name rather than Imid Azol.

imidazol97

tjc78 said:

I don’t have a FB account. Wife does but under a phony name just so she can look at things.

I was never even on LinkedIn until the job loss. In some ways that’s just FB for professionals. Once I’m back to working (which could be very soon based on an email I received today) I doubt I’ll be on there much at all.

Got my fingers crossed for your job search being successful.

driver100

tjc78 said:

I don’t have a FB account. Wife does but under a phony name just so she can look at things.

I was never even on LinkedIn until the job loss. In some ways that’s just FB for professionals. Once I’m back to working (which could be very soon based on an email I received today) I doubt I’ll be on there much at all.

Wishing you the best for that job tjc.

qbrozen

Oh yeah, linkedin. But, like stick, I never look at it. I’m there for recruiters to find me.

tjc78

Thanks everyone, should have confirmation by the end of the week!

houdini1

driver100 said:

tjc78 said:

I don’t have a FB account. Wife does but under a phony name just so she can look at things.

I was never even on LinkedIn until the job loss. In some ways that’s just FB for professionals. Once I’m back to working (which could be very soon based on an email I received today) I doubt I’ll be on there much at all.

Wishing you the best for that job tjc.

Ditto on the job tjc !

jmonroe

tjc78 said:

Thanks everyone, should have confirmation by the end of the week!

Good luck, I hope it's everything you want it to be. Sounds like your luck is like what mine would be if I was in your position...you'll be going back to work just as the weather gets nice. :@

jmonroe

laurasdada

Costco PUG tonight, $2.60/gallon. Does not make up for my 301k account of the last few weeks. Sorry, I'm getting near retirement possibility and so were my retirement funds. Were...

stickguy

I was looking at hoping for 7 years. So I will just ignore it at this point and ride it out, and hope by then we have recovered and maybe gained a bit on top. If I have to work an extra year, will suck but gotta do what gotta do.

abacomike

laurasdada said:

Costco PUG tonight, $2.60/gallon. Does not make up for my 301k account of the last few weeks. Sorry, I'm getting near retirement possibility and so were my retirement funds. Were...

Same down here - $2.59.9 a gallon for premium at Costco. We could see $2.49 a gallon for premium by the end of the month.

@tjc78:

You are in my prayers (and have been for months) - good luck!

driver100

stickguy said:

I was looking at hoping for 7 years. So I will just ignore it at this point and ride it out, and hope by then we have recovered and maybe gained a bit on top. If I have to work an extra year, will suck but gotta do what gotta do.

That is the right attitude to have.........stock market could take awhile to recover but it will.

dino001

ronsteve said:

dino001 said:

abacomike said:

Wow, market is down over 1600 points right now with crude oil at just over $32 a barrel. Haven't seen this sustained movement down in my entire life.

Really, Mike? Are you sure? Perhaps you were on vacation in October 1987, when Dow crashed over 20 percent in one day and more than 30 percent if you include preceding week. How about all those 5-10% down days in 2008-2009?

Let's just get some perspective.

1. So far market is down just 20 percent from its highs, still higher than December 2018 lows, or if you discount that short sudden selloff, then it's November 2017 level, 2.5 years back.
2. 2007 peak to 2000 trough move was 50 percent, which put it at the levels from 1997, 10 years back. It took market less than 4 years to reach new all-time high.
3. 1987 peak-to-trough was about 38 percent, which was only seen in July 1986, not even a year back (market was extremely overvalued at the high). It took market almost exactly 2 years to get to new all-time high, on much better fundamentals.

So we still have a way to go to call it "never seen before in my life".

What about 2000-2003, between the dot-com bubble and the post-9/11 recession? Pretty sure that was some prolonged downward action, lost about 50 percent, and it was 2007 before the S&P recovered to the previous highs. I'll reach pension eligibility in 9 years, and SS eligibility in 13, so I'm considering my moves carefully!

2001-2003 was mostly NASDAQ crash, but Dow Jones/S&P also took a good beating. Peak-to-trough on Dow was "only" 30 percent, took 4.5 months to complete, recovery to new high took 3.5 years. NASDAQ was 80% down and it took about 15 years to recover. Nobody remembers today how absurd and extreme tech valuations were back then. Good companies with good businesses were valued at completely exorbitant multiples. Microsoft needed about 17 years to bring back their old highs, Intel and Cisco still did not reach them yet (although if account for dividends they probably did) and this action will delay the recovery by another few years, Amazon and Apple took much less time, of course, there was also a lot of complete garbage in that index.

Bottom line:

1. We've been there before, yet it will feel like we've never seen it before.
2. It will likely happen quickly, weeks perhaps a few months.
3. It will finally run its course.
4. The recovery will be slower than the fall, but not endless. Except for NASDAQ, it was usually a matter of 2-3 years, sometimes even less.
5. It will still feel like crap and many will bail at the exact wrong moment, just like they did before, then they will blame "casino" for not paying out when they wanted.
6. Stocks fall much faster than they rise, but they rise much further than they fall.

abacomike

imidazol97 said:

My facebook use is primarily for information about car shows. There are several groups that announce and document by date the upcoming car shows in central and western Ohio.

My facebook is under a different name rather than Imid Azol.

Years ago, I had a Twitter and a Facebook account but decided to delete them because I found those accounts to be too intrusive in my life. My email box was filled all the time and I had to change my email to get out from under.

The only social networking account I have is Edmunds because I love cars (as you all know) and some of the posted topics interest me. Besides, my email box is free of all that social networking junk.

dino001

I see PUG going to two bucks per gallon at my Costco, if this crude price fall is sustained. Gas prices go up like a rocket and fall like a feather.

stickguy

General comment, but for any platform (FB, Twitter) you can turn off notifications, both email (first thing you should do) and phone notifications.

graphicguy

abacomike said:

Wow, market is down over 1600 points right now with crude oil at just over $32 a barrel. Haven't seen this sustained movement down in my entire life.

Makes me glad I jumped out of the market when I did. I think oil was in for a market correction, anyway.

I think all the financials were overheated and were due for this, regardless of the reason. This isn’t over, yet...not by a long shot.

tjc78

Thanks Mike!!!

So the frenzy has hit South Jersey. Stopped at BJs to get supplies for my son’s birthday party Saturday and it’s busier than Christmas time!

Lines are into the aisles. People are buying three or four GIANT cases of paper towels and TP. Wow.

graphicguy

As soon as I posted above, I see trading on the Exchange has stopped.

stickguy

I need to go out later to get some stuff. Not looking forward to it.

tjc78

qbrozen

stickguy said:

I need to go out later to get some stuff. Not looking forward to it.

we can wait until everyone else is boarded up in their homes.

venture

tjc78 said:

Thanks Mike!!!

So the frenzy has hit South Jersey. Stopped at BJs to get supplies for my son’s birthday party Saturday and it’s busier than Christmas time!

Lines are into the aisles. People are buying three or four GIANT cases of paper towels and TP. Wow.

We went to Sam's Club last evening. Everything seemed fairly normal. Then I saw one guy pushing his cart to the check-out with about 6 cases of toilet paper.

28firefighter

I was reading an article last night that talked about how in situations that are inherently out of our control - like a pandemic - people look for opportunities to take back control. Shopping (retail therapy) is one of those ways and buying things in volume that feel like a good value, helps us feel smart about how we're responding to the situation, even if objectively the action makes zero sense. Of course, then others see one person doing that and everyone starts to do it because they assume it is the right thing to do.

Psychology is fascinating.

fintail

Glad I sold off the last of my old company stock grant a few weeks ago. At least it isn't all a "hoax" anymore.

fintail

My cousin posted this on social media- this is the lineup at the Federal Way Costco this morning:



It's not as innocent as retail therapy, more of a combination of greed, idiocy, and panic.

28firefighter

Yeah - that looks like the appropriate amount of space between people in line. Costco is going to turn into a cluster of COVID cases at this rate...

abacomike

Now that the NBA, NHL, NCAA etc. have suspended or temporarily cancelled their seasons, can Major League Baseball be far behind? Now that I have been staying in my condo all day, there won't be any sports on TV. 😩😩😩

What am I going to do with myself while my left eye is recuperating from surgery? I have hundreds and hundreds of channels on the cable TV, but how many times can you watch the "John Wick" trilogy, "Star Wars" 10 episodes, "Harry Potter" 8 episodes, "The Day After Tomorrow", and reruns of scores of TV shows?

Even though I have Netflix and Prime Video, I have seen most of the good films. I just pray I can find some movies that are worthwhile.

abacomike

I wonder if buying/leasing a new car can save you thousands of dollars. After all, who goes out to buy a car with a pandemic raging?

I have 7 payments left on my lease @ $629 including tax. If I could get a 0% loan for 60-72 months with a purchase price on an E450 $3000 below invoice (including USAA incentive) it could be enticing.

fintail

As we are well into March with economic and social insanity, and the 2021 MY E is a facelift, I bet you could get that deal.

abacomike said:

I wonder if buying/leasing a new car can save you thousands of dollars. After all, who goes out to buy a car with a pandemic raging?

I have 7 payments left on my lease @ $629 including tax. If I could get a 0% loan for 60-72 months with a purchase price on an E450 $3000 below invoice (including USAA incentive) it could be enticing.

driver100

I like what Publix is doing....limiting it to 2 items per customer of any sanitizing products...Lysol, soap, alcohol, rubber gloves, etc. Kind of quells some of the panic.

fintail

I notice I am down to about 8 rolls in my personal stash, but I am going to try to avoid Costco for anything but gas. I notice Amazon is out of stock, too. Does COVID give people the runs or something?

28firefighter said:

Yeah - that looks like the appropriate amount of space between people in line. Costco is going to turn into a cluster of COVID cases at this rate...

28firefighter

abacomike said:

I wonder if buying/leasing a new car can save you thousands of dollars. After all, who goes out to buy a car with a pandemic raging?

I have 7 payments left on my lease @ $629 including tax. If I could get a 0% loan for 60-72 months with a purchase price on an E450 $3000 below invoice (including USAA incentive) it could be enticing.

Do not pull ahead that S lease given the cap reduction you made! I would ride that to the very very end.

stickguy

Target is doing that too. Will likely wander over there this afternoon to see what they got.

tjc78

BJs was limiting too.

stickguy

That’s fine. If I can buy a normal size package if TP (we actually do need some) and maybe one container of wipes and bottle of hand sanitizer will be more than good to go.

ab348

I am just back from buying a few groceries and while I saw no evidence of panic buying or hoarding here, I think the news has turned people into stunned zombies. I saw a number of illegal turns where I never see such things being done, an almost complete lack of turn signal use, moronic behavior in parking lots, and a total lack of self-awareness in stores, with people blocking aisles with carts, and others wandering around aimlessly and obliviously bumping into others.

Oh wait... it's just a normal day here.

One thing that truly did drive me nuts was a mom in a supermarket with a 10-12 y-o girl in tow. The kid was coughing virtually nonstop over everything and everyone. I kept my distance. I'm surprised nobody said anything, but there were lots of dirty looks.

tjc78

My mom just walked in with more TP, just looked in the closet and we have 18 rolls. I think we will make it.

My son has a little post nasal thing going on that is making him cough a bit. No fever or any other symptoms so hoping it goes away in a day or two. Really don't want to take him to the doctors if I can avoid. It hasn't slowed him down any that's for sure.

imidazol97

I just saw an ad about making millions of dollars trading stocks from home. I suspect they
want to sell me a training course on how to do it.

Maybe it's time to pick up some extra cash.

Michaell

abacomike said:

Now that the NBA, NHL, NCAA etc. have suspended or temporarily cancelled their seasons, can Major League Baseball be far behind? Now that I have been staying in my condo all day, there won't be any sports on TV. 😩😩😩

What am I going to do with myself while my left eye is recuperating from surgery? I have hundreds and hundreds of channels on the cable TV, but how many times can you watch the "John Wick" trilogy, "Star Wars" 10 episodes, "Harry Potter" 8 episodes, "The Day After Tomorrow", and reruns of scores of TV shows?

Even though I have Netflix and Prime Video, I have seen most of the good films. I just pray I can find some movies that are worthwhile.

I've got a few suggestions to keep you occupied:

F1 - Drive to Survive (Netflix) is a documentary about the last two Formula 1 seasons. Not sure how much of a racing fan you are, but there are some good in depth profiles of both the drivers, the team principals and owners, plus an explanation of how things run in F1 as they traverse the globe for races.

Jack Ryan (Amazon) is an up to date series based on the classic Tom Clancy characters. Two seasons, so far, and they move pretty quickly. I resisted watching them, initially, as I'm such a big fan of the novels (I've got first edition hardbacks of all but his first book). But, once I started watching season 1, I was hooked.

I'm sure others will chime in with their personal favorites, as well. I'm expecting most major sports to shut down for the time being, given the NBA's lead on this.

28firefighter

State of Ohio just announced all public, private, and charter schools will close Monday for 3 weeks. Get comfy, folks.

driver100

stickguy said:

Target is doing that too. Will likely wander over there this afternoon to see what they got.

While Mrs D100 was at the hair salon, I browsed in Big Lots. Seem to be more than enough T-paper on hand, and lots of cleaning supplies. These things are probably available at hardware or dollar type stores.

driver100

abacomike said:

I wonder if buying/leasing a new car can save you thousands of dollars. After all, who goes out to buy a car with a pandemic raging?

I have 7 payments left on my lease @ $629 including tax. If I could get a 0% loan for 60-72 months with a purchase price on an E450 $3000 below invoice (including USAA incentive) it could be enticing.

How about a 2019 like this?

This would be different...2019 E450;

omarman

Lowes Street riot yesterday in Dayton after it was announced that University housing would close Wednesday for most students due to the spread of the coronavirus. Students celebrated. Mayhem ensued. I think last year the riot was around St Patrick's Day. Timing is everything.

https://twitter.com/i/status/1237597991826948096

imidazol97

28firefighter said:

State of Ohio just announced all public, private, and charter schools will close Monday for 3 weeks. Get comfy, folks.

AS long as Mike doesn't close Chick Fil A locations. LOL

We go to one in his home county because it's the only one in the area that's
spot on with the way the stores used to be.

I can imagine a lot of parents will be pulling their hair out after 3 weeks of
having their kids at home. In many cases, the parents will deserve that grief
of suffering their own children.

imidazol97

omarman said:

Lowes Street riot yesterday in Dayton after it was announced that University housing would close Wednesday for most students due to the spread of the coronavirus. Students celebrated. Mayhem ensued. I think last year the riot was around St Patrick's Day. Timing is everything.

https://twitter.com/i/status/1237597991826948096

A little more info on that is that the area of homes next to the campus is the "ghetto." It's owned by the church, the University of Dayton, and the small homes have been refurbished and updated to code as UD bought them. I recall a decade or so back many were typical mixed campus housing. It's a little like the clusters of homes east of High Street across from The Ohio State University in Columbus.

The celebrations by the UD students, fueled by alcohol, testosterone, and springtime, usually included burning furniture in the streets. I think I recall the University and Police/Fire department coming up with plans to stop the fires. Maybe it was a matter of timing when Spring Break was scheduled vs St Patrick's Day.

Currently UD was to have played in the basketball playoffs and has been ranked nicely for quite a while. They will be disappointed by the cancellation of games, if I recall the news right.

The First Four games were to have been played here in Dayton that finish the placement in the schedules. That's a major loss of income to bars and restaurants and hotels.

stickguy

Just got back from Target and shop rite. Both sold out of TP and you are out of luck if you want disinfecting wipes or Purell.

ab348

stickguy said:

Just got back from Target and shop rite. Both sold out of TP and you are out of luck if you want disinfecting wipes or Purell.

The stock markets need to take that bonanza of earnings by those companies into account to stop the bleeding.

abacomike

Michaell said:

abacomike said:

Now that the NBA, NHL, NCAA etc. have suspended or temporarily cancelled their seasons, can Major League Baseball be far behind? Now that I have been staying in my condo all day, there won't be any sports on TV. 😩😩😩

What am I going to do with myself while my left eye is recuperating from surgery? I have hundreds and hundreds of channels on the cable TV, but how many times can you watch the "John Wick" trilogy, "Star Wars" 10 episodes, "Harry Potter" 8 episodes, "The Day After Tomorrow", and reruns of scores of TV shows?

Even though I have Netflix and Prime Video, I have seen most of the good films. I just pray I can find some movies that are worthwhile.

I've got a few suggestions to keep you occupied:

F1 - Drive to Survive (Netflix) is a documentary about the last two Formula 1 seasons. Not sure how much of a racing fan you are, but there are some good in depth profiles of both the drivers, the team principals and owners, plus an explanation of how things run in F1 as they traverse the globe for races.

Jack Ryan (Amazon) is an up to date series based on the classic Tom Clancy characters. Two seasons, so far, and they move pretty quickly. I resisted watching them, initially, as I'm such a big fan of the novels (I've got first edition hardbacks of all but his first book). But, once I started watching season 1, I was hooked.

I'm sure others will chime in with their personal favorites, as well. I'm expecting most major sports to shut down for the time being, given the NBA's lead on this.

Thanks for your suggestions but I saw Jack Ryan on Prime and Drive To Survive on Netflix. Any other suggestions?

Michaell

abacomike said:

Michaell said:

abacomike said:

Now that the NBA, NHL, NCAA etc. have suspended or temporarily cancelled their seasons, can Major League Baseball be far behind? Now that I have been staying in my condo all day, there won't be any sports on TV. 😩😩😩

What am I going to do with myself while my left eye is recuperating from surgery? I have hundreds and hundreds of channels on the cable TV, but how many times can you watch the "John Wick" trilogy, "Star Wars" 10 episodes, "Harry Potter" 8 episodes, "The Day After Tomorrow", and reruns of scores of TV shows?

Even though I have Netflix and Prime Video, I have seen most of the good films. I just pray I can find some movies that are worthwhile.

I've got a few suggestions to keep you occupied:

F1 - Drive to Survive (Netflix) is a documentary about the last two Formula 1 seasons. Not sure how much of a racing fan you are, but there are some good in depth profiles of both the drivers, the team principals and owners, plus an explanation of how things run in F1 as they traverse the globe for races.

Jack Ryan (Amazon) is an up to date series based on the classic Tom Clancy characters. Two seasons, so far, and they move pretty quickly. I resisted watching them, initially, as I'm such a big fan of the novels (I've got first edition hardbacks of all but his first book). But, once I started watching season 1, I was hooked.

I'm sure others will chime in with their personal favorites, as well. I'm expecting most major sports to shut down for the time being, given the NBA's lead on this.

Thanks for your suggestions but I saw Jack Ryan on Prime and Drive To Survive on Netflix. Any other suggestions?

Bother - but, I hope you enjoyed them!

I don't watch as much TV as I used to, so I'm sure there are lots of shows that might appeal to you.

Perhaps a google search, or looking at trusted entertainment websites, for recommendations, is in order.

tifighter

28firefighter said:

State of Ohio just announced all public, private, and charter schools will close Monday for 3 weeks. Get comfy, folks.

@28firefighter See what you did?