It's the economy, stupid

[spencer rifle]

No one beats the market long-term. No one. And if you think you can time the market successfully long-term, there's this bridge...

 

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[BehindBlueI's]

No one beats the market long-term. No one. And if you think you can time the market successfully long-term, there's this bridge...

Pretty much this, unless you've got tens or hundreds of billions to throw around. Fidelity contra-fund has consistently been one of my best performers and has beaten the market, assuming you mean any of the major indexes, since inception and for the past 10 years. It's one of the few, and personally I think it's because it's so large it's a market of it's own.

I kind of lucked into it when it was one I could invest in with our retirement plan at work. It's over 50% of my total holdings now and consistently been a strong performer. I pick a few individual stocks just for the hobby of it, nothing real significant in the scheme of things, but so far the only thing I've lost money on was Mattel. Buy your kids more toys, people. I've recovered to almost even.

 

[bwframe]

Your Starbucks run is about to get more expensive – again

Starbucks prices are up and will continue to increase, the coffee giant said Tuesday. Coffee and food prices increased in January and October.

www.usatoday.com

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as rising COVID-19 cases prompted the coffee chain on Tuesday to lower estimates for profits this year.

www.reuters.com

 

[actaeon277]

Your Starbucks run is about to get more expensive – again

Starbucks prices are up and will continue to increase, the coffee giant said Tuesday. Coffee and food prices increased in January and October.

www.usatoday.com

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as rising COVID-19 cases prompted the coffee chain on Tuesday to lower estimates for profits this year.

www.reuters.com

Well, duh.

 

[BehindBlueI's]

Your Starbucks run is about to get more expensive – again

Starbucks prices are up and will continue to increase, the coffee giant said Tuesday. Coffee and food prices increased in January and October.

www.usatoday.com

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as rising COVID-19 cases prompted the coffee chain on Tuesday to lower estimates for profits this year.

www.reuters.com

People still go to Starbucks? Guess it's not too overpriced yet, then. I can't think of the last time I was in one that wasn't in an airport or abroad.

 

[bwframe]

People still go to Starbucks? Guess it's not too overpriced yet, then. I can't think of the last time I was in one that wasn't in an airport or abroad.

I'm with you. No $5 coffees for me.

That said, it's hard to go by one that the drive up line isn't full and overflowing.

 

[BehindBlueI's]

I'm with you. No $5 coffees for me.

That said, it's hard to go by one that the drive up line isn't full and overflowing.

Then it's still priced at what the market will bare. It's baffling to me. I had no idea what UberEats charged until a recent thread here. Also baffling to me, especially here where everyone owns a car but the roads aren't completely clogged 24/7 like LA. I get paying for convenience to a point, but I'd never pay that much of a fee for someone to bring me food.

 

[ditcherman]

Then it's still priced at what the market will bare. It's baffling to me. I had no idea what UberEats charged until a recent thread here. Also baffling to me, especially here where everyone owns a car but the roads aren't completely clogged 24/7 like LA. I get paying for convenience to a point, but I'd never pay that much of a fee for someone to bring me food.

Another factor in the food delivery business is that at least some (doordash?) jew the price down at the restaurant. This is why Dominos Pizza is handing out OTHER restaurants’ coupons when they deliver, as a show of solidarity with small business.

 

[Alpo]

Another factor in the food delivery business is that at least some (doordash?) jew the price down at the restaurant. This is why Dominos Pizza is handing out OTHER restaurants’ coupons when they deliver, as a show of solidarity with small business.

You and Whoopi really missed that anti-semitism memo?

 

[Route 45]

...jew the price down at the restaurant.

 

[BehindBlueI's]

Another factor in the food delivery business is that at least some (doordash?) jew the price down at the restaurant. This is why Dominos Pizza is handing out OTHER restaurants’ coupons when they deliver, as a show of solidarity with small business.

Dominos is handing out other's coupons? That's pretty cool.

 

[actaeon277]

I never understand people claiming to be "poor", but they get food delivered EVERY day.

 

[BehindBlueI's]

I never understand people claiming to be "poor", but they get food delivered EVERY day.

That's how they stay poor.

 

[Leadeye]

I know food delivery has always been with us, but it really seemed to move upscale in recent history.

 

[firecadet613]

Another factor in the food delivery business is that at least some (doordash?) jew the price down at the restaurant. This is why Dominos Pizza is handing out OTHER restaurants’ coupons when they deliver, as a show of solidarity with small business.

That's not entirely correct.

You can set your price on doordash, but they still take their fee (21-25%). Smart restaurants (and many chains), put a 25% increase to their pricing on doordash, so the net at the restaurant level is roughly the same as a direct guest.

 

[ditcherman]

You and Whoopi really missed that anti-semitism memo?

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What are we really that woke now boys?