Search found 364 matches

by jacksonM
Tue Jun 04, 2019 7:16 pm
Forum: Bonds
Topic: Treasury Yield Curve - June 3 2019
Replies: 23
Views: 26070

Re: Treasury Yield Curve - June 3 2019

Seems to me an ideal time for the PP to do well.

I don't know about the rest of you but I think I had my biggest one day gain ever today. Told my wife if we could do this every day it would be better than winning the lottery.
by jacksonM
Sat Jun 01, 2019 1:43 pm
Forum: Stocks
Topic: FWOMX
Replies: 8
Views: 11987

Re: FWOMX

I went to business school *not recently* and in the 1980s we were reading case histories that argued that companies that did not engage all of their employees fully performed worse. Why is that hard to believe? And why does it bother you? If I have a V8 engine, I need all eight to fire when needed....
by jacksonM
Sat Jun 01, 2019 10:50 am
Forum: Stocks
Topic: FWOMX
Replies: 8
Views: 11987

FWOMX

Not sure I can articulate why but something tells me this is a very dumb idea.....

Image
by jacksonM
Sat Jun 01, 2019 10:20 am
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 663623

Re: Stock scream room

Too bad Budd's not here any more. He always got upset when the PP didn't immediately perform as expected in the short term so today he might have been happy. With stocks taking a big hit I think my SEP-IRA which is mostly LTT's and gold might have had its biggest one day gain ever. So will this be a...
by jacksonM
Fri May 31, 2019 5:23 pm
Forum: Other Discussions
Topic: Immediate 5% across-the-board Mexican tariffs
Replies: 82
Views: 28192

Re: Immediate 5% across-the-board Mexican tariffs

I hear the president of Mexico, or at least some high ranking official, is on his way to the White House for talks as we speak. Which was kind of the point, I think. Very strange situation when Trump can't get any help from congress to deal with the border situation and has to resort to putting econ...
by jacksonM
Wed May 29, 2019 10:26 am
Forum: Politics
Topic: The Left is Eating Itself Pt. II
Replies: 850
Views: 468940

Re: The Left is Eating Itself Pt. II

Oprah called out for not paying off students' loan debt Oprah Winfrey responded Monday to an Instagram user who called out the billionaire mogul for not paying off student loans after her commencement speech at Colorado College, in an apparent comparison to investor Robert Smith's now-famous gestur...
by jacksonM
Wed May 08, 2019 2:54 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 648
Views: 354669

Re: Will Trump be Re-elected?

Some of that list is just noise. The ordinary ups and downs of business. Brick and mortal retail is in trouble, has been since before the not so great depression we just experienced, and that is not going to change. But some of it should be cause for concern. The level of debt at every level of soc...
by jacksonM
Wed May 08, 2019 2:17 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 648
Views: 354669

Re: Will Trump be Re-elected?

Possibly the biggest threat to Trump's re-election shaping up on the horizon? https://thewashingtonstandard.com/i-dare-you-to-tell-me-the-economy-is-booming-after-reading-this-list-of-19-facts-about-our-current-economic-performance/ Some of that list is just noise. The ordinary ups and downs of bus...
by jacksonM
Wed May 08, 2019 11:34 am
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 648
Views: 354669

Re: Will Trump be Re-elected?

Possibly the biggest threat to Trump's re-election shaping up on the horizon?

https://thewashingtonstandard.com/i-dar ... rformance/
by jacksonM
Thu May 02, 2019 4:32 pm
Forum: Other Discussions
Topic: Largest College Admissions Scam Includes Hollywood Actresses and Coaches
Replies: 49
Views: 21320

Re: Largest College Admissions Scam Includes Hollywood Actresses and Coaches

What a horrible thing to do to your child to volunteer to cheat for them to get into college. They will question the validity of their every accomplishment for the rest of their lives. That's an exercise in soul killing. It's not TOEFL Recall, it's DOFU Recall (DOFU = TOFU) http://www.pbs.org/food/...
by jacksonM
Thu Apr 25, 2019 1:55 pm
Forum: Other Discussions
Topic: The U.S. Military: Like the French at Agincourt?
Replies: 3
Views: 1917

Re: The U.S. Military: Like the French at Agincourt?

Ad Orientem wrote: Thu Apr 25, 2019 12:10 pm
Read the rest here...
https://www.nytimes.com/2019/04/25/opin ... e=Homepage
Unfortunately this is behind a paywall. What does the author suggest replacing the air craft carriers with?
by jacksonM
Wed Apr 24, 2019 10:09 am
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 7539

Re: Tax accounting for physical metals

I don’t need tax advice. I know how to calculate the taxes on each transaction. What I need is an inventory program to keep track of the basis for each lot of each item, e. g. I have 3 lots of 100g bars with 2 bars in the first lot, 4 bars in the second, and 3 bars in the third. The basis is $1800 ...
by jacksonM
Mon Apr 22, 2019 7:48 pm
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 7539

Re: Tax accounting for physical metals

I don’t need tax advice. I know how to calculate the taxes on each transaction. What I need is an inventory program to keep track of the basis for each lot of each item, e. g. I have 3 lots of 100g bars with 2 bars in the first lot, 4 bars in the second, and 3 bars in the third. The basis is $1800 ...
by jacksonM
Mon Apr 22, 2019 9:41 am
Forum: Gold
Topic: Tax accounting for physical metals
Replies: 19
Views: 7539

Re: Tax accounting for physical metals

So this is a headache for me to think about... which is why I asked my church if they would someday accept appreciated PMs, they said yes they would. I plan to give my physical metals to my kids and my church and I don't think I will have tax issues. My kids will get the step-up in basis upon my de...
by jacksonM
Mon Apr 22, 2019 9:31 am
Forum: Other Discussions
Topic: Oxycontin
Replies: 45
Views: 17363

Re: Oxycontin

Who are these "medical professionals?" How, in this day and age of computerized-everything, does this kind of prescribing pattern go unnoticed? Who in their right mind spends $200,000 for a medical degree and then risks everything? Who are these peoples' professional peers, and why aren't...
by jacksonM
Tue Apr 16, 2019 9:58 am
Forum: Other Discussions
Topic: Notre Dame
Replies: 14
Views: 8039

Re: Notre Dame

I don't want to sound sacrilegious during holy week but I can't help but think of Stephen's speech in the book of Acts where he said "The Most High does not live in temple's made by human hands".

This got him stoned to death.
by jacksonM
Sun Apr 14, 2019 10:10 am
Forum: Other Discussions
Topic: Assange
Replies: 16
Views: 7443

Re: Assange

Andy McCarthy from National Review, much more knowledgeable about such things than I am, shares my belief that Assange will never see the inside of an American court room. Lots of food for thought in this article, including the question of why was Bernie Sanders not the target of an investigation fo...
by jacksonM
Thu Apr 11, 2019 4:59 pm
Forum: Other Discussions
Topic: Assange
Replies: 16
Views: 7443

Re: Assange

It will be very interesting to see how this plays out in court if he is ever extradited to the United States. I tend to think that won't happen however. The reason I think he will never stand trial in the U.S. is because the powers that be will not want all the dirty laundry aired in court and also ...
by jacksonM
Thu Apr 11, 2019 9:23 am
Forum: Other Discussions
Topic: BOA - $20 an hour
Replies: 16
Views: 7432

Re: BOA - $20 an hour

I saw recently that in the wake of a minimum wage increase in NYC to $15, restaurant workers employment went down, and managers said they were planning on laying off more people (going to automated service ilke San Fran and McDonald's I guess?). They have already gone down this road in Australia an...
by jacksonM
Mon Apr 08, 2019 10:52 am
Forum: Other Discussions
Topic: Technical help needed
Replies: 9
Views: 4016

Re: Technical help needed

"Error. Page cannot be displayed" messages are pretty common. In this case it sounds like somebody tacked on the part about contacting your service provider as a way of disclaiming responsibility. I'm pretty sure that would be pointless. They are just going to tell you the same thing Xan s...
by jacksonM
Fri Apr 05, 2019 10:27 am
Forum: Variable Portfolio Discussion
Topic: Best way to budget for mortgage payment?
Replies: 15
Views: 8919

Re: Best way to budget for mortgage payment?

I don't know why you wouldn't include the mortgage payment as part of your annual budgeting. What you say about it when comparing it with other expenses like vacations may be true but it's also true that unlike those expenses it isn't discretionary. It will remain a fixed part of your budget for as ...
by jacksonM
Wed Apr 03, 2019 4:29 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 663623

Re: Stock scream room

18% is nice. What was the inflation rate? Don't remember exactly but I know a lot of people thought the world was coming to an end at the time. Even that was in my parent's favor however - like I said, their nest egg came mostly from the sale of property just when they were ready to downsize for th...
by jacksonM
Wed Apr 03, 2019 3:45 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 663623

Re: Stock scream room

The case for 100% cash is a lot stronger than 100% Gold or Stocks IMO. 100% stocks could easily lose you 50% in a year and make take many, many years to recover. Cash will not ever do that to you unless you are talking about runaway inflation. Correct me if I am wrong on that. When I say I think ab...
by jacksonM
Wed Apr 03, 2019 3:21 pm
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1453169

Re: Figuring Out Religion

What do we do when Jesus refuses to do the miracles we want - when He won't speak - when we are face to face with a silent God? I never had either of these problems when I was a Christian. You learn early on that Jesus doesn't do miracles today like he did back then. As for God being silent I never...