I got out of LTT once I realized I was a peon in the grand scheme which may not be true for everyone here. Pretty sure that pertains to everyone here. Anyone who doesn't think they are a peon in the grand scheme of things, speak now or forever hold your peace. I can understand getting to a few mill...

I got out of LTT once I realized I was a peon in the grand scheme which may not be true for everyone here. I am rotating all cash and bonds to EE bonds while I still can. If rates go way up then I can sell with no nominal loss and buy at higher yield. If rates go way down then I am locked in at 3.54...

Small bit of googling fixed income options in Australia. I would be tempted by the 5 year term deposits from Judo Bank. I don't know if there is a catch but the government guaranteed rate is almost twice that of the 5 year bond.

https://www.judo.bank/personal-term-deposit

Hal, I always wonder if other countries have something similar to the USA's I bonds or ee bonds. https://www.treasurydirect.gov/indiv/products/prod_eebonds_glance.htm These things feel like a free lunch but have limited amount you can buy each year. I could never understand how the currency hedge wo...

Here comes some more short term inflation

https://www.agriculture.com/news/busine ... sportation

I just realized with crypto being considered collectibles by IRS. That means maximum tax rate of 28% just like any other artwork. https://www.arcadiaappraisals.com/blog/2019/2/11/how-the-irs-taxes-art-related-activities Found interesting article on how artwork is taxed https://www.arcadiaappraisals....

In some ways does it feel like a lot of artificial inflation is being created? Labor shortage created by extended unemployment benefits. Gas shortage from pipeline outage. Car shortage from lack of rental cars and microchip production. Who knows what is going on with lumber but from what I understan...

I love thinking up a contrarian: If the Fed isn't buying LTT to make a profit, the better thing may be to pretend those LTT don't exist exist. They will be holding forever I assume so they won't be causing price moves now that they have them. Here is a paradox, if the treasury only issued the amount...

Bubble getting bigger. I saw someone offer crypto classes on nextdoor which is a neighbor hood social media site.

That must mean all the old housewives will be trading crypto soon.

I guess what struck me is his points about the deflation being caused from globalization and technology and how much stimulus is going to be needed to stem off deflation. Pretty much what we have been seeing over last year. I guess I had in my mind was that most of our deflation was lack of new loan...

Collectibles..... So if I am reading that correct, you can convert your traditional IRA to dogecoin pay tax on your distribution plus 10% penalty and then not have to pay tax on your to the moon profits? Edit: nevermind I read it again and you only don't pay tax on the amount you already paid tax on...

So sounds you can have bullion in your possession legally but probably not worth doing that yourself as a layman. What is weird is the other collectables. It is almost like they are forcing you to do Roth conversion on your artwork since you don't pay tax when you sell but you still have to pay 10% ...

I just came across this guy. I feel like I just got a red pill.

Check him out on YouTube.

https://youtu.be/sAehVhcsUtw

https://youtu.be/3Re8utN9zLg

And he has book
https://www.amazon.com/Price-Tomorrow-D ... 1999257405

Sounds like a potential loop hole if rates go negative and they leave it in place. I would rather have FDIC high rate savings at .5 % than the zero rate treasury direct and also FDIC instead of money market for that matter. Sounds like these funds are outside of retirement account so you have better...

Restrictions do seem to be disappearing where I am at.

Seems like it is happening without any big announcement. Probably so it doesn't cause any stir from the critics.

Last few places I went you have more like 10% of the people wearing a mask. So the masked person is now the odd one out.

I am hoping the vehicle inflation is temporary. Used vehicle prices seem to be up around 20%. I am hoping that it was an artificially induced shortage causing it. 2.5 million less new cars sold in 2020 and now I understand they don't have microchips they need for new vehicles. https://www.statista.c...

I didn't know this. Now I question why trump had any votes at all.

https://www.mediaite.com/news/watch-bid ... -in-taxes/

100 years you might need a sliver of international equities in there. 100 years also makes you realize the value of gold. Simple thing would be 50% in VTWAX Total world stock market, 25% in intermediate treasuries (a non hedged global government bond fund would be interesting here but I don't think ...

https://www.treasury.gov/resource-cente ... data=yield



1, 2 and 3 month all .01 last two days. Closer and closer to 0.

Check it out in portfolio matrix. It recovers a lot better than you would think. https://portfoliocharts.com/portfolio/portfolio-matrix/ What is surprising is how much better you can make no brainer portfolio by using total stock instead of large blend and juicing a little more yield out of the cash...

Just realized this is really just the no brainer portfolio as well:

https://portfoliocharts.com/portfolio/n ... portfolio/

Inspired by golden butterfly and classic Merriman. 25 percent into each Total us stock Small cap blend Total international stock Intermediate treasury https://portfoliocharts.com/portfolio/my-portfolio/?shortcode=ZUSAXAA25AH25AL25EA25Z Can be done in the most basic retirement plans including TSP usi...

If it gives them the competitive advantage then they will for sure. Sounds kind of scary. Like a terminator movie where AI has become all of our bosses. We all do as we are commanded by the AI out of fear of losing our jobs. I highly recommend reading (at least the start of) Manna, a 2003 book abou...

If it gives them the competitive advantage then they will for sure. Sounds kind of scary. Like a terminator movie where AI has become all of our bosses. We all do as we are commanded by the AI out of fear of losing our jobs. In topic of high pay though. Imagine you are the sole owner of this super v...

I didn't finish the whole article but collectibles does sound like a good description for Bitcoin, precious metals and baseball cards.

I would prefer my money to be as stable as possible for daily needs. The dollar does this pretty darn well in that sense.