The price of lumber,,,,,,

 
Qtown1835
Member
Posts: 666
Joined: Sat. Nov. 08, 2014 11:47 am
Location: Quakertown, PA
Stoker Coal Boiler: Keystoker '81 KA4 (online 1/16/17)
Coal Size/Type: Lehigh Rice
Other Heating: EFM SPK600

Post by Qtown1835 » Wed. Apr. 21, 2021 2:56 pm

Anyone check the price of 12-2 romex lately... Ooof. $122 a roll. In August last year it was right around $62-68


 
User avatar
Rob R.
Site Moderator
Posts: 15621
Joined: Fri. Dec. 28, 2007 4:26 pm
Location: Chazy, NY
Stoker Coal Boiler: EFM DF520
Hand Fed Coal Stove: Chubby Jr
Coal Size/Type: Lehigh Rice

Post by Rob R. » Wed. Apr. 21, 2021 3:01 pm

I bought all of mine for $60 per roll last July.

 
User avatar
lsayre
Member
Posts: 21801
Joined: Wed. Nov. 23, 2005 9:17 pm
Location: Ohio
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Lehigh Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW), ComfortMax 75

Post by lsayre » Wed. Apr. 21, 2021 3:56 pm

The US stock markets valuation should double about every 9 years if we continue upon this trajectory.
1.08^9 = 1.999

But a raise of 2% every year will double your income roughly every 36 years.
1.02^36 = 2.04

And a raise of 3.5% every year will double your salary about every 20-1/4 years.
1.035^20.25 = 2.007

 
User avatar
theo
Member
Posts: 1614
Joined: Tue. Feb. 10, 2009 3:46 pm
Location: 50 Mile North of Pittsburgh

Post by theo » Wed. Apr. 21, 2021 4:27 pm

freetown fred wrote:
Wed. Apr. 21, 2021 2:05 pm
With out gettin into a bunch of cyber-babble--anyone familiar with---supply & demand?????????????????? Hmmmm, Richard kinda said that didn't he-------- :)
Yes Freetown, but the prices on almost everything are going up :)

 
User avatar
theo
Member
Posts: 1614
Joined: Tue. Feb. 10, 2009 3:46 pm
Location: 50 Mile North of Pittsburgh

Post by theo » Wed. Apr. 21, 2021 6:11 pm

Check out the prices of new vehicles, better yet check out used truck prices. They are crazy for even older vehicles. Electric bill going up, cable bill sucks for all the more there is to watch, the only good of it is the internet service and they know it! Everytime i go into wally-world i see prices higher than the week before.

 
User avatar
coaledsweat
Site Moderator
Posts: 13377
Joined: Fri. Oct. 27, 2006 2:05 pm
Location: Guilford, Connecticut
Stoker Coal Boiler: Axeman Anderson 260M
Coal Size/Type: Pea

Post by coaledsweat » Wed. Apr. 21, 2021 6:14 pm

The truck I bought two years ago is worth about $6K more than I paid for it!

 
User avatar
theo
Member
Posts: 1614
Joined: Tue. Feb. 10, 2009 3:46 pm
Location: 50 Mile North of Pittsburgh

Post by theo » Wed. Apr. 21, 2021 6:21 pm

coaledsweat wrote:
Wed. Apr. 21, 2021 6:14 pm
The truck I bought two years ago is worth about $6K more than I paid for it!
:D How about the housing market!! :baby:


 
User avatar
lsayre
Member
Posts: 21801
Joined: Wed. Nov. 23, 2005 9:17 pm
Location: Ohio
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Lehigh Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW), ComfortMax 75

Post by lsayre » Wed. Apr. 21, 2021 6:56 pm

theo wrote:
Wed. Apr. 21, 2021 4:27 pm
Yes Freetown, but the prices on almost everything are going up :)
You can't say that when the target 2% inflation rate has not been met.

 
User avatar
Richard S.
Mayor
Posts: 13815
Joined: Fri. Oct. 01, 2004 8:35 pm
Location: NEPA
Stoker Coal Boiler: Van Wert VA1200
Coal Size/Type: Buckwheat/Anthracite

Post by Richard S. » Wed. Apr. 21, 2021 7:11 pm

Larry I can certainly tell you many things at the hardware store have had a significant price increase. There isn't a flat markup because we try and mark stuff so it sells. Garden hoses for example do not have large markup, the new wholesale cost was just as much as what he had for previous retail price. That was probably one of the most dramatic increases I saw but everything has gone up some. The bikes have gone up about 10 to 15 percent.

 
User avatar
CoalHeat
Site Moderator
Posts: 8735
Joined: Sat. Feb. 10, 2007 9:48 pm
Location: Stillwater, New Jersey
Stoker Coal Boiler: 1959 EFM 350
Hand Fed Coal Stove: Harman Magnafire Mark I
Baseburners & Antiques: Sears Signal Oak 15 & Andes Kitchen Range
Coal Size/Type: Rice and Chestnut
Other Heating: Fisher Fireplace Insert

Post by CoalHeat » Wed. Apr. 21, 2021 9:51 pm

I've got a few projects in mind and might have to take out a loan just to buy the materials to enlarge my coal bin!

 
User avatar
KLook
Member
Posts: 5503
Joined: Sun. Feb. 17, 2008 1:08 pm
Location: Harrison, Tenn
Other Heating: Wishing it was cold enough for coal here....not really

Post by KLook » Thu. Apr. 22, 2021 7:41 am

And my tax valuation went up 30%. In 3 years from $176,100 to $221,000. Without counting the improvements I have made.
Time for a wage increase I guess.....

Kevin

 
User avatar
theo
Member
Posts: 1614
Joined: Tue. Feb. 10, 2009 3:46 pm
Location: 50 Mile North of Pittsburgh

Post by theo » Thu. Apr. 22, 2021 8:06 am

Just heard on the morning news that there will be more "supermarket sticker shock "

 
User avatar
theo
Member
Posts: 1614
Joined: Tue. Feb. 10, 2009 3:46 pm
Location: 50 Mile North of Pittsburgh

Post by theo » Thu. Apr. 22, 2021 8:28 am

lsayre wrote:
Wed. Apr. 21, 2021 6:56 pm
You can't say that when the target 2% inflation rate has not been met.
Yes i can say that, havent you been out and about? You know what i think about statistics,,,,, :no1: The eyes tell all! :D :what:

 
User avatar
lsayre
Member
Posts: 21801
Joined: Wed. Nov. 23, 2005 9:17 pm
Location: Ohio
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Lehigh Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW), ComfortMax 75

Post by lsayre » Thu. Apr. 22, 2021 10:28 am

theo wrote:
Thu. Apr. 22, 2021 8:28 am
Yes i can say that, havent you been out and about? You know what i think about statistics,,,,, :no1: The eyes tell all! :D :what:
Yes, I agree, but they are not "official". AFAICT, under 2% inflation is still the "official" word, and 2% inflation is still the "official" target. And it will quite likely take yet more stimulus whereby to achieve the "official" 2%.

 
User avatar
freetown fred
Member
Posts: 28056
Joined: Thu. Dec. 31, 2009 12:33 pm
Location: Freetown,NY 13803
Hand Fed Coal Stove: HITZER 50-93
Coal Size/Type: BLASCHAK Nut

Post by freetown fred » Thu. Apr. 22, 2021 12:01 pm

Orrrrr, we can all sit back & realize we've all gone out of our fkn minds with all this statagarble!!!!!!!!!!!!!!!!!!!! LOL


Locked

Return to “The Coffee House”