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,
Great discussion. Start with @msf and Ford raising his workers wages so they could afford to buy a Ford. Another classic was the GI Bill after WW2. It was simply a labor control device to slow the reentry of the GI's into the work f…
Howdy,
Had to chime in. I do NOT gamble with a phone app. I AM a long time casino gambler.
In Michigan, the state's take is 8.26%!!!! They are making an obscene amount of money. What this means from an investment perspective, is that ALL sta…
Howdy folks,
I'm pretty much with you folks. At 73, much of my portfolio is fairly static and conservative with some casino money for play. As a speculator, I'm a momentum investor. For those that aren't familiar, I look for trends that develop…
Howey folks,
I've said all along that eventually, we will ALL get Covid19. My hope and prayer was that they would develop vaccines and treatments . . . and they have. Merck's new pill is one of those and is great.
Granted it will encourage th…
Howdy folks,
The kid is selling. Sorry to be a downer but gee whiz folks, this is as frothy a market as I've ever seen or even heard of. BTD is akin to doubling down on your losing bet at the casino. Granted, I'm a momentum investor AND I have …
Howdy hank,
Hope you're doing well.
For those stackers that DCA, now is the time to be buying physical bullion while watching the premiums.
take care,
rono
Howdy folks,
Interesting discussion and most everything is spot on. Hank's and the others have been doing this for a long time.
Is golds still a hedge against inflation? That remains to be seen. The market is extremely manipulated not in a cons…
Hi folks
I've owned MCHFX, MATFX and MPACX since the beginning of the plague. Folks should invest their money where they are comfortable. However, my biggest losses have occurred when I let my emotions get in the way.
And, yes, I've been to C…
Howdy folks,
One day we'll look back on this eyewitness example of evolution, or survival of the fittest, taking place before our eyes. Unlike so many physical trials in the past, this is one of education, ignorance and stupidity - or the lackthe…
Hi Hank,
Hope this finds you well and safe.
Yeppers, most of the republican legislatures are doing everything possible to restrict the vote. I have NOT seen this new card nor heard of it. I'd be skeptical right now. I say that because I'm a t…
Howdy folks,
First of all, just to set the tone, I firmly believe that the vast majority of people seriously want to earn a living and support their families. That said, the current help wanted problem is a function of several factors, not just th…
Howdy folks,
First for brother Hank. Check around about masks. I see baseball players wearing them in the field, so there must be a way or type.
Inflation. It's been interesting to watch the supply disruptions due to Covid but also the changes …
Howdy folks,
I've tried to follow his advice since his book, what 20 years ago? It includes doing your homework as mentioned above, but it goes further. He posited in his book that each and every person has some bit of knowledge that can be explo…
Howdy,
Wifey and I have been with TRP for a couple of decades. I have a brokerage account and have NEVER had a problem and I play junior Canadian silver mining penny stocks.
and so it goes
peace and wear the damn mask,
rono
Howdy folks,
Online gamblings is a huge issue up in Michigan as Hank pointed out. Wifey has to track this for her job. The money the state is receiving is obscene.
https://www.onlinepokerreport.com/47873/mi-casinos-first-full-month/
There are…
Howdy all,
Baseballfan. Point taken. That's my issue with paypal. They hold the wallet and you can only use your bitcoin within their system. You can't move it out but can only sell it to them or use it to buy stuff thru them. feh. I want to …
Howdy folks,
Jon, you're correct. Because of your DCA via paypal, I googled it. It's their wallet and while you can buy it through them, they keep it possession of it. You can sell it to them and take your 'profits'. You can use it to purchase …
Howdy folks,
It's all so Jonestown. We're watching a significant percentage of the population almost willingly commit suicide and there's not really much we can do. That said, and never at a loss for suggestions, here you go.
Make if worth their…
Howdy folks,
PayPal will let you buy bitcoin BUT they hold it and you cannot withdraw, buy nor sell it. It's only for purchases you make using PayPal.
Rono
Howdy folks,
Nice discussion and Hank is spot on. The gold and silver markets are weird due to their very nature, particularly gold. For centuries it was basis for all currencies and while no longer legally so, it still impacts the actions of cen…
Howdy folks,
Wifey and I have had our 1st shot. She about a week before me. Both Moderna. She normally reacts more than I for our shots but in this case, other than point of injection tenderness, NOTHING for either of us. Apparently, the 2nd p…
Howdy folks,
Change is inevitable. The urban centers will survive albeit differently than many will remember or approve.
Always liked this song from the 70's about NYC.
and so it goes,
peace and wear the damn mask,
rono
Howdy folks,
We'll see. I still have a few shares of SPCE and I'll keep them. It's more a bet on Branson and technological advances than the schedule feh.
and so it goes,
rono
Howdy folks,
As predicted the bosses got involved and raised the margin requirements for silver by 17.9 %.
That's OK. I'm not buying, nor selling.
Take care and stay safe,
Rono
Howdy folks,
Ah, the days when the Hunt Bros tried to corner the market. I was finishing my degree in Economics at MSU financed by GI Bill and selling my silver stash into the market. It was a fun time.
Indeed, the silver squeeze is ON but as n…
Howdy folks,
Watching the news, it's getting crazier and crazier. Baseball_Fan may be correct that this could lead to something larger. Let's face it, stocks are way overvalued as is the market. We all know this. Granted, there are a lot of rea…
Howdy folks,
Thanks Dan. This sort of evolution in the market should Not impact most of us. We're not playing those games. It sure is fun to watch. Shit, we went thru this with datelining.
And so it goes
Peace and wear the damn mask
Ro…
Howdy folks,
I more curious than concerned. You make a great point in that hedge fund managers and their influence over Washington. Retail investors can't match. Gee, welcome to America. Ever since elections got so expensive and contributions r…
Howdy folks,
Hope everyone is staying safe and getting their shot as soon as possible.
I've long believed that the Evangicals are not even Christians, but indeed are worshipers of the Anti-Christ. Jesus preached love and tolerance, while they pr…
Howdy folks,
Here in Michigan, it's pretty much the same - demand outstripping supply. Wifey and I are 72 and signed up everywhere we can but everything is full at this time. It's a daily routine now - check the sites for availability. What is …
Howdy folks,
Hope this finds you all well and safe.
We use Dominion in Michigan. I was a member of my townships election commission and had to certify the process three times this past year (i.e. two primaries and the general). They're spot on a…
Howdy folks,
Hope this finds everyone safe and well.
It appears the Plan is to grab as much $ as possible, breaking any and all laws as needed, and for Donald to give blanket pardons on Jan 20.
and so it goes,
peace and wear the damn mask,
ro…
Howdy folks,
You beat me three it. Good article and much food for thought.
You cannot have viable capitalism without competition. Handicapping a percentage of your population with either inadequate health care or education is not competitive but…
Howdy folks,
I too dread the 2nd wave. We've learned a lot and come a long way but still not practicing safety in sufficient quarters. The kids have been locked up all summer and now they're back in school and being kids. All age levels with col…
