i dont care for tips ... they may follow the cpi which is just a price change index through out the 1500 mini economies that make us up , but it is not linked at all to your personal cost of living .

Clarification/update per your PM: I will not renew them, barrett, but will leave the proceeds from matured bills to buy stocks and, if I can find them, some more gold coins. We had a bunch of T-Bills mature at Fidelity today. I replaced those will more T-Bills with maturities between six and 12 mon...

i just bought uso again .... over all uso has made money but i only hold it a day or two .. i buy after a tumble and sell first pop

That would be typical.....but so far futures down at least now and oil up ....I don’t hold these very long at all ......especially sdow that was down something like 22% today .....

Right now my one day a week of work is on hold so if I make a days pay I am happy

Futures down 85 ....come on sdow ......

bought today

4/06/2020

Buy 1,000 of USO at Market (Day) Filled at $5.47

04/06/2020

Buy 200 Shares of SDOW at Market (Day) Filled at $40.6801

3% real is what I meant. Can we dare assume 3% real, averaged over the next 5 years? 2% would be ok, too. I would like to think the PP could handle negative rates and float along giving better than 0.1% on a bank savings account. Therefore 2% real would be ok, too. That 1966-1981 era may be upon us...

I didn't aim my portfolio at the current financial climate. If I'd known what was going to happen, I'd have my own private jet by now. But for a disaster portfolio, it seems to be pretty successful so far. And it's about as simple as you can get: 2/3rd actual physical gold (geographically diverse) ...

There is never double taxation except on interest... It is a Susie ormann myth ...she used to tell her band of financial misfits it was double taxed to talk them out of it ..... Yes, that always irritated me. But she probably did more good than harm if she talked them out of taking loans to go on v...

There is never double taxation except on interest...

It is a Susie ormann myth ...she used to tell her band of financial misfits it was double taxed to talk them out of it .....

mathjak, I know you are a big stock guy and am curious what your allocation is after this drop. I thought you said somewhere (maybe earlier on this thread) that you were somewhere around 25%. Is that about right? Thanks. Yes ..... Over all I am about 25% equities... Very high cash levels though ......

gld/m has been around a while ..

we are holding a lot of cash now , most being reinvested in drips and drabs . we have about 1 million in fdlxx , and 500k in gov't money markets and banks . these are the highest cash levels i can ever remember having ... with bond funds that are not treasuries being beat up i pulled about 1/2 out o...

If Tbill rates stay negative I could just keep that 25% in cash in the brokerage account uninvested. By “uninvested,” you mean invested in your brokerage account’s settlement fund, which I believe is generally some kind of money market fund. Might want to look under that hood. I don’t believe so. I...

Fidelity closed fdlxx to new investors on March 30th ..... Anyone who listened to me when I posted this got in under the wire. I got my mother's cash balance into that fund before it was closed. yes , you planted the seeds in my head and i moved 1 million dollars awaiting investment in to fdlxx so ...

Fidelity closed fdlxx to new investors on March 30th .....

In 1927 the CPI dropped 1.7% and didn't turn positive until 1934 when it was 3.1%, a 7-year run without any inflation. (In 1929 it was 0.0%.) It went negative again for two years in 1938 & 1939. (But of course there's nothing like a world war to turn it positive.) So we've had extended periods ...

Oil had a good pop ..I missed getting it by 5 cents the other day ..I had an order at 3.99 and it hit 4.04

the problem is you can't spend a closet at the supermarket ... any equity in a house is trapped . it can not come out ... sure you can use it as collateral for loans but today you need the same criteria to get a heloc as a mortgage ... 2008 saw helocs cancelled and closed as well . so i prefer liqui...

The loan is actually from assets liquidated in your 401k ... So you don’t get to double dip ,keeping the money invested while borrowing it out and investing it elsewhere Of course. I would have never thought it worked any other way. But if the stock market continues to fall (and eventually just be ...

OK, thanks for the added detail. I'm not particularly concerned about any of that, to be honest. I understand that should I take a 401k loan there could be scenarios where I'd suddenly find that I needed to default on the loan and pay the necessary taxes. That would not be my plan, but I'm willing ...

The company was taken over by a new company after it failed , no one lost their job ....the old 401k no longer exists to pay it back to...that is what happens when your company fails ... In fact for the rest of us it was a learning experience...when the company no longer paid the 401k administrators...

An ira loan ? Does such a thing exist ? I don’t think so ..new bill only waves penalty on money pulled out ..I saw nothing about a loan process

In my last company my buddy decided to take a 401k loan to buy a new car ..well the company fell on hard times ,was taken over but the 401k was closed ....he had to pay back the entire loan and could only refinance the car , not at the low rates the factories offered but at a ridiculous rate as a us...

I agree ...that is the last place I would touch