Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Howdy folks,
Alas and alack. Destruction economics - employ your unemployed, keep blowing stuff up so you have to replace. So sad. Peddling the bs that you can fight a clean war. You Cannot fight a clean war or a gentle war or a half-step war. …
Howdy folks,
Everyone is pretty much spot on. Michigan, once you get outside the urban centers is very civil libertarian. The western part of down state is very religious in a particularly loathsome sort of way. Some of both of these groups are …
Howdy folks,
@hank you may be correct about the precious metals. I'm copying from Liberty Coin Service's Patrick Heller's FB page with YTD returns.
Patrick Heller "Current financial markets are getting interesting. Here are how prices have chang…
Howdy folks,
So typically government. How many years ago did they auction off the spectrum? Duh.
That said, I favor 5G over the airlines. It's more important. Sorry, but we've morphed from transportation to communication. Think about it. It'…
Hi folks,
Seems the party in question was the night before they buried Prince Philip. Old Boris called and apologized personally to her Majesty.
https://www.npr.org/2022/01/14/1073055412/boris-johnson-party-prince-philip-funeral
And so it goes…
Howdy folks,
I like where the thinking is headed. Why are we all being good doobies to protect the anti-mask shitheads?
1. Because we're good people and care about our brothers and sisters.
2. Because we all know too many anti-vaxers that are…
Howdy folks,
I firmly believe the secret to her longevity was her incredible positive outlook and her love of animals.
"Accentuate the positive, not the negative. It sounds so trite, but a lot of people will pick out something to complain about,…
Howdy folks,
Thanks for sharing @Crash. I just ordered the book.
Couple of things. I arrived in country mid-March 1968 just after Tet. I was company clerk and later admin chief of CoA, 1stReconBn, 1stMarDiv for 20 months. If you've ever seen t…
Howdy folks,
Thanks so much for your advice and kind words.
I'm having him read all of your comments, but I'm leaning in the direction of starting a Roth IRA with one of the better families. We've got long standing accounts at both Price and Fido…
Howdy folks,
As for the Baron suggesting 1/3 each to real estate, securities and rare art - run your own numbers. All of your SS, pension, IRAs, stocks, bonds, cash, are securities. Most of us are way top heavy in this category. Real estate is e…
HI @BenWP,
My bad. It went right over my head. duh.
I too am not at all comfortable with NFTs. Geez, even with real estate, you can list it and sell if fairly quickly if you must. I get uneasy when folks try to sell me a 'concept' that you c…
Hi @BenWP,
Not positive I understand but within each of the 3 classes somethings are more fungible than others. Securities are easy, but real estate? As for bullion, even there. Some types of bullion or more fungible than others. Cripes, you ca…
Howdy folks,
I'm probably the oldest 'gold bug' around but no longer give it the same inflationary hedge status today as I have in the past. Bitcoin hasn't dethroned it but has reduced demand sufficiently on the margin to influence my decisions. D…
Howdy,
They had a cyber security expert on CNBC and she said that this is going to be an ongoing problem and that it wasn't write a patch and fix it sort of thing. I do not know. I do know I just updated my chrome browser with a quick upgrade.
r…
Howdy folks,
Better minds have outlined the details so I'll just summarize things. Buying an investment vehicle from an insurance company is like buying your golf clubs at McDonald's.
And wear the damn mask,
Roni
Howdy all,
oh and @Derf, I really wanted to post it on every one of the boards just to make sure all the peeps got it. Not everyone reads OT. I figured if I posted it on the FD board, it'd get throttled so I settled for OI Yeah, I cheated.
be…
Howdy folks,
Mark is correct about a semiautomatic weapon of any type. It reloads automatically after each shot but you have to pull the trigger each time to fire. Bumpstocks were a device to speed up the reloading process in order it enable a mo…
Howdy folks,
@Derf is right about proper posting. I am guilty as charged. As for 15 years? Hell, I don't know. I've been posting here as long as this board has existed because it sort of evolved out of at least two previous boards devoted to mu…
Howdy folks,
Whelp, it looks like Covid is here to stay. Annual shots. I said way back about 15 months ago, that eventually, we'd all probably catch it. I just wanted it to be later, rather than sooner so they could develop vaccines and therapeu…
Howdy folks,
Hell, I think the revolution has already begun. Alas. The anger among the have-nots if visible and justified. No hopes, no dreams. Sorry but I see us headed for a bloody revolution. Again. Sorry, I hope I'm wrong.
rono
Howdy,
Tough issue. Years ago, I ran restaurants for a few years. I liked Tall people. They could reach further and get further with less steps. @carew388 mentioned smokers. How about Delta charging their unvaccinated employees $200 per month…
Howdy folks,
Hi Mark, hope this finds you and yours safe and well. Happy holidays.
This doesn't surprise me a bit that there are small towns and townships that turned down the Eagle Shit. Many of their reasons are valid. There IS a lot paperwor…
Howdy all,
@hank is spot on. Most of the world is skewering the Fed. However, they are one of the principal culprits. Inflation will be with us for a longer period than transitory. Shadow stats has it using the pre-1980 methodology around 14%…
Howdy all,
Mr. Hank is spot on. Excess liquidity and no suitable option to equities. Inflation is getting away and the Fed is still playing with themselves. "anything happens. my fault, your fault, nobody's fault, the boy dies."
That said, I s…
Howdy Hank,
Apparently, they've used it on all pictures amassing a bloody huge database. Seems they decided that this wasn't a good idea considering the bent of various and sundry governments around the world. Too dangerous. Plus they can hear t…
Howdy,
Some Native Americans are complaining about the Braves Tomahawk chop and wooden tomahawks that they sell.
Rono puts on his way back hat to when Ted Turner owned them and they went to the series. They were bitching them also. At the hea…
Howdy folks,
Right now, the dems are imploding in DC proving the adage, that the democrats are stupid and the republicans are mean. Being a 3rd term elected republican, I take it further to state that most republicans are dirty old white men who a…
Howdy folks,
Huge consolidation and shake out in the industry. Most of our casinos in Michigan (Native American) have their own phone app. The tax revenues are obscene. Michigan has a 8.26% rake on every bet. This means that every state without…
Howdy folks,
You get to see Bad Wolf rono. Anyone that crossed the threshold of the Capitol should be taken out and shot enmasse. No trial, no judge, no jury. All their assets should be seized, their homes burnt to the ground and the earth unde…
Howdy folks,
The government statistics on inflation are rubbish and have been since they started 'adjusting' them in the 80s. Too many COLAs and other ties to the CPI. feh. It's called screwing the public and hiding the facts about the dollar. …
Howdy folks,
@Hank can't say I disagree with anything. Is the market highly valued? Yeppers. Overvalued? Define overvalued. It feels very stretched. Yeah, it's the only game in town and the whole world is cash flush. How can it not be overv…
Howdy folks,
I'm getting very tired of seeing help wanted signs. How about paying your people more money. And for those that say they can't afford it - you have a flawed business model and hopefully you'll go out of business.
Sorry, but bullshi…
Howdy folks,
Not quite yet. All these years and I'm still a fan of the House of Matthews. I've owned MPACX and MATFX and MCHFX for quite a while but scaled back when things got weird under Trump. Still don't know WTF they are up to but trust Ma…
Howdy all,
@BenWP I bought back in April at $231. It was the only way at the time to get some exposure to Bitcoin. Now we have the ETF . . . feh. Why? I'm still not seeing the value but know that COIN is making money on transactions.
take ca…
Howdy folks,
Responded earlier on my phone but the throttle monsters ate my postie.
Sorry about the typo. Indeed, my point is that Defined Contribution pensions can get pretty close to Defined Benefit pensions, IFF, there is a company match, ther…
