I gained confidence in Hegseth. He stated the obvious. If you go in to buy a car... you don't state the obvious to the dealer, "this is an all-cash deal" even if it is, even if you have a Rolex on your wrist and everyone can see it. You hold that close to your vest, let them think they ar...

At least according to https://dqydj.com/average-median-top-income-by-age-percentiles, the median income doesn't materially change between age 35 and 65. However 65 year-olds have had decades more to accumulate wealth, so they're certainly richer on average than younger folks. Therefore I would expe...

At least according to https://dqydj.com/average-median-top-income-by-age-percentiles, the median income doesn't materially change between age 35 and 65. However 65 year-olds have had decades more to accumulate wealth, so they're certainly richer on average than younger folks. Therefore I would expe...

Given that Elon is now in the US Treasury IT infrastructure, I'm going to get fresh copies of my I-BOND values, and also my and my wife's Social Security statement, before they get stepped-on (accidentally or otherwise). Nothing more dangerous than having someone poke around in a live, production I...

On the bright side, President Trump has done nothing yet that personally adversely affects me, my neighborhood, my family or 99.99% of the United States citizens. Lucky you. My wife's oncologist can no longer communicate with her colleagues at NIH. Her life depends on surfing the waves of the lates...

dualstow wrote: ↑Mon Jan 27, 2025 5:42 am I suppose, Dieter. I just think that if we compare every form of heavy-handedness to Nazis, then “nazi” loses all meaning.
The only people more hyperbolic than Trump are his opponents.

Who is more hyperbolic remains to be seen

Seems like the EO only applies to people who are born within the United States after 30 days from the date of the order. https://www.whitehouse.gov/presidential-actions/2025/01/protecting-the-meaning-and-value-of-american-citizenship/ This one / for now, anyways Yeah, even this one is an unconstitu...

dualstow wrote: ↑Sat Jan 25, 2025 5:39 pm So you think this is going to escalate to extermination?

Can still be fascist / neo-Nazi without going full Nazi or having extermination camps

I do think ICE is going to get better at their job and there will be more such cases

"Ihre Papiere, bitte!" I know there’s a constant temptation to compare Trump to Hitler and his minions to Nazis, but while the story above is unfortunate, these people are not being shipped off to extermination camps. I’m sure there are going to be more stories like this. Hopefully, ICE w...

Seems like the EO only applies to people who are born within the United States after 30 days from the date of the order. https://www.whitehouse.gov/presidential-actions/2025/01/protecting-the-meaning-and-value-of-american-citizenship/ This one / for now, anyways Yeah, even this one is an unconstitu...

If it performs how it's done every day so for in 2025, wouldn't be a bad return
(IAU up 1.37% every trading day through 1/2/2025 )

(although what that would say about the rest of the economy in 2025, ugh)

yankees60 wrote: ↑Fri Nov 01, 2024 5:17 pm Bought my $10,000 for 2024 just at the deadline to get October. Midnight last night.

Turned out to be a good decision

I Shrugged wrote: ↑Wed Oct 30, 2024 12:51 pm I think I have to head over to Bogleheads to see what they think about gold.

Do tell what you learn

I moved my money from Vanguard to bank so it will be there on Monday. What is the final thought here on buying in October or November? What I think I've seen predicted is that the calculated inflation rate will be lower and the fixed rate will likely be slightly lower Which sounds reasonable I boug...

dualstow wrote: ↑Tue Oct 08, 2024 10:49 am Bond yields going up (so prices down).
According to one letter I read, it's strong economic growth, a heavy demand for mortgages and a surge in oil prices.

Can only say "ouch"

1.2% predicted vs 1.3 on the fixed, gonna roll the dice and hope for a higher rate cuz this is chump change Rate should be double to reward small investors. But the Social Contract has been getting torn up so I might dump some iBonds and play the leveraged ETF game Given how bonds have done lately,...

TreasuryDirect to Bond Buyers: Moving Your Money Could Take a Year Demand surges on Treasury Department’s clunky website for buying government debt, leading to backlog of customer requests By Imani Moise | updated Oct 9, 2024 People who want to move investments from their accounts on the Treasury D...

PRPFX really isn't really PP -- if it's currently getting 0.58%, that's a LOT lower than current PP, which is closer to 3% If using Vanguard Mutual Funds as a simple implementation: Cash (Treasury MM - VUSXX): 5.28% LTT (VLGSX) : 4.52% SP 500 (VFIAX): 1.26% Gold (IAU): 0% Add and divide by four: 2.7...

Definitely Cash And, quite happy with them -- didn't lose value; returns spiked during high inflation, don't pay taxes until redeem, no state taxes -- good stuff! I don't have that much in I-Bonds, so, selling low fixed rate bonds and buying at the current 1.3% fixed rate (yeah, the current composit...

Something I found interesting (why not to expect rate cuts for next 2-5 years)



Although I know can't really predict

But, I still thought it was an interesting take

yankees60 wrote: ↑Thu May 09, 2024 12:08 pm

mathjak107 wrote: ↑Thu May 09, 2024 11:37 am

Yes!

You and I are IN TUNE together!

Um, that's why were are here, right?

A few days ago I did receive my $5,000 in iBonds purchased from my tax return e-filed on April 14, 2024. This time it was only one $5,000 bond. In the past there have been several to many bonds in different denominations to compose the $5,000. It was dated April 29, 2024. That means I got it under ...

It has been said that if Israel takes out Iran’s drone facility in its anticipated response, this will degrade Russia’s ability to use drones against Kyiv. Wouldn’t mind seeing that. Well, looks like only removing the drones / missles that Iran shot at Israel Still, that's at least some that can't ...

And the final I-Bond 1 May 2024 tally:

* 1.3% Fixed rate (unchanged)

* 4.28% composite rate

And the final 1 May 2024 tally: * 1.3% Fixed rate * 4.28% composite rate So, it worked out to buy in April I'll likely sell more of my 0% fixed rate I-Bond (2.98%) and put into T-Bills / Treasury Money Market for now (~5.3%) Then put back into I-Bonds a bit later -- some likely around November / som...