I didn't watch the video but I have watched one previously by him. His whole deal is that civil war and/or collapse are coming. Skip to the 51 min mark for the summary. 1. Decline of democracy and freedom 2. Economic collapse 3. Immigration 4. Civil War between societal groups 5. "Stupid"...

Divide and conquer is great strategy. I wonder who is fomenting the division, and what are they accomplishing while we focus on how awful the other side is.

The internet of today seems to be mostly about propaganda, mind control, and surveillance.

I recently engaged with a lefty ex-co-worker I'm friends with on a similar topic. I don't think they are interested in prosperity, only in equality. They would rather live in a shithole where everyone is poor than tolerate the billionaires who create the stuff they use on a daily basis.

I am a fan of Paul Belanger (BelangP youtube channel). Just got his book and so far so good. Still gettting through the basic economics and monetary policy stuff in the first few chapters but do not want to skip over it. Its a good refresher. It's a good one. I've returned to it several times, whic...

i would disagree , what we may be comfortable with and what we need to have to meet our goals are two different things . many retirees have been hurting themselves , in fact dangerously as they try to go with what they are comfortable with as opposed to the allocation they need to maintain their dr...

My takeaways: Due to the fact that taxes are levied against nominal gains, the government scoops up most of the wealth generated through compounding. Maxing out Roth contributions is still worthwhile. Don't contribute to 401k past company match. Buy gold with the rest Thoughts? Thoughts?..... Think...

mathjak107 wrote: ↑Tue Sep 09, 2025 9:48 am well millions of retirees are living off their portfolios so the proof is in the pudding

A wise man once said:

mathjak107 wrote: ↑Thu Aug 28, 2025 6:24 pm retirees usually end up backing in to what they have to work with .

it may end up buying a life they hate but everyone makes what they have work .

i would disagree , what we may be comfortable with and what we need to have to meet our goals are two different things . many retirees have been hurting themselves , in fact dangerously as they try to go with what they are comfortable with as opposed to the allocation they need to maintain their dr...

Rock'n'roll saved your soul. I'm glad you both made it out alive. Running a red light has gotta be up there for the stupidest crime someone can commit.

I've had the Gold Star Trust Roth IRA since February 2018. They moved from Canyon TX to Amarillo TX after their parent bank was acquired by another bank. It has been OK, but the customer service isn't like what you'll find at Schwab. There are lots of PDF fillable forms to deal with, instead of onl...

Anyone looked into these or have any experience?

mathjak107 wrote: ↑Fri Aug 29, 2025 2:21 am you can disagree but you will never convince me i am wrong

An open-minded attitude conducive to discussion!

Many who want to do what’s comfortable can’t afford to so they are using the wrong tool at the wrong time in their life And it hurts them and they ended up giving up more money then they would ever lose This an interesting take, but I disagree with it. Due to behavioral issues and life satisfaction...

there are times you don’t need to be a great predictor or market timer to know it’s not a great idea loading up on certain assets at certain times , and long term bonds were certainly that asset at such low rates. they are still at a loss the last ten years and the 15 year for tlt is 1.68% cagr Yaw...

Aren’t cast iron pans amazing? 🍳 I feel like I spend too much time re-oiling them but I really love the way they cook, both on the stovetop and in the oven. I'm currently dealing with trying to get a nice finish back on mine. I put oil on it and put it in the stove for a couple hours, but I don't s...

mathjak107 wrote: ↑Tue Aug 05, 2025 10:43 am in effect anyone holding gold or any investment is actually buying in each day .

I disagree, but I'll grant your point when it comes to paper/e-gold since you can easily swap for another piece of paper.

Congrats on bitcoin, Smithers. You can afford some big screens. It's been a year or so of great returns for sure. My Bitcoin position is much more conservative than it was, but it's still very significant. It's now in a proper variable portfolio consisting of: 33% Bitcoin 33% MicroStrategy stock 33...

Happy Independence Day. Wave that flag.

I'm not using TIPS, but I do find the liability-matching strategy appealing. I set up a nominal bond ladder to cover my mortgage expense from age 59 until it is paid off. I may build out a TIPS ladder for the property tax expense at some point, but Tyler's article has given me pause: https://portfol...

Ordered some bonds at auction yesterday. The indicative yield was above 5% I bought a slug of the 4.75000% 05/15/2055 in the last auction. Acquisition yield: 4.819%. I wager: Sometime between now and 2055, yields will go lower and I'll make a nice profit. OR If not, I'll HODL them as I'll need at l...

There's a Harry Browne inside joke in the first couple minutes. Needless to say, I subscribed. Thanks.

Mountaineer wrote: ↑Thu Apr 03, 2025 11:39 am

dualstow wrote: ↑Thu Apr 03, 2025 11:22 am

Smith1776 wrote: ↑Thu Apr 03, 2025 11:21 am How/why are there like 700 guest users suddenly?

Good question!

They are trying to become regulars before the tariffs fully kick in. The membership cost is increasing by 50%, from $0 to $0.

If you arent going to cap weight, you need to explain why Nvidia et al are mispriced by the investors looking at their numbers. In the present, you have examples like Tesla where irrational people have 100% of their net worth in it because Musk is cool. In the past, you have examples like the dot c...

ochotona wrote: ↑Mon Feb 17, 2025 7:41 am RAFI™ Fundamental Indices

Rob Arnott discusses the Fundamental Indices in this podcast:

https://rationalreminder.ca/podcast/157

They seem like a reasonable substitute for market-cap weighted funds.

About half of my long bonds are now AAA and AA+ corporates. (As a reminder: that is what Harry recommended in place of Treasurys when you don't think your government is on the moral up-and-up). They are cheap right now too. Ben Graham also thought these high quality corporate bonds were suitable fo...