> I posed this question to a former coworker who had also worked as a banker on Wall Street. His opinion was that now is NOT the time to buy long-term Treasuries as he believes the Fed rate is going to hit 7.0%. doesnt necessitate 30 year going higher. yield curve's inverted. https://en.macromicro.m...

You'll be waiting a long time for a politician who can stick a pure ideology and isnt a "hypocrite." College was a lot different in the 90s. But I'm not going to defend him, sure he's a scumbag, whatever, bottom line is he fought back against martial law while Trump was playing golf.

cash in a local bank and Vanguard. Too big to fail too watched to scam you.

Cure for loneliness is to get vinny-pilled. I explode out of bed like a cannonball to pull up his latest posts.

Also Dell delayed again, gonna ask for another 10% off. It'll be 30 days. Plandemic rent's due in LA county. Already a mile of RVs next to USC hospital

When to sell: https://www.doctorofcredit.com/212507-2/ From the comments: "Trying to understand this logic and think through the math. Assuming you sell your i bond before 5 years, you have to pay a penalty of the last 3 months interest. so let’s look at a sample 6 month period. For the first 3...

still underweight long bonds, but doubled EDV. Its at 4%, Fedfunds 5%. Last time fedfunds was this high was 2007 and there was less debt then. Last hiking cycle we got "covid" so what narrative are we gonna get this time the Fed breaks the market then bails it out? Also like last cycle, th...

which industry. my tenant got laid off by a big university last week. moved a little into cash, but even if there's a correction, will I be able to get back in before the money printer goes to 11

Presumably everyone here pays off cards monthly. Lowering your overall available credit should only ding your score a few points. Citi lets you do online soft-pull CLIs every 6 months and in my experience increases each card by ~2k.

Not knowing about index funds till 40. Grandpa said stocks were too risky. All cash 2005-2015. "Luckily" they gave me two mortgages in 2005...despite no income. Started PP in 2016 and bought a slug of 30years at 2.33% just before trump won and rates spiked.

Chrome wont update on Windows 7 anymore and they are throttling some websites like twitter on my old version. Forced to get a new laptop. I bought my current Gateway NV5929U with 4GB RAM for $600 in 2010 from TigerDirect. So many small files have accumulated over the years that the HDD struggles. h...

What did the millions of social justice warriors do before social media. Jobs? School? Raise children? edit1: More TV and movies is one thing

Glanced at the article. "Climate change" is not the only goal. Being less dependent on Russian and Saudi oil is good.

Chrome wont update on Windows 7 anymore and they are throttling some websites like twitter on my old version. Forced to get a new laptop. I bought my current Gateway NV5929U with 4GB RAM for $600 in 2010 from TigerDirect. So many small files have accumulated over the years that the HDD struggles. ht...

As the poorest person here, hard to feel sorry for someone with that problem =) iBonds are a free lunch, morlike cash than a bond and usually pay better than cash alternatives. You could argue the gov has a responsibility to offer you something that matches real inflation tho edit1: IIRC 10k per yea...

Housing and medical inflation are prob 8%. Is there any advantage to having high inflation and high interest eg Argentina with 110% inflation and 97% interest rate. I suppose its just mismanagement but wondering if there are any benefits

The 4 people who listen to Adams need to post more. Dont make me always be that guy

he loves being that guy https://www.youtube.com/watch?v=4AOef-8wGjI

Savings glut. Rich 1st world and slow population growth. What is anyone you lend money to (bonds) going to do for a riskless return. Wouldnt be crazy to underweight bonds. That said 30 year's at 4% and at some point will be back to 1%

I know another one! But will let vinny explain

Discussion on that article https://old.reddit.com/r/stupidpol/comm ... stan_they/

Something in biotech. Even if you lose maybe overall advancement will be made.

I'll look into this. FYI Discover IT card is 5% back next three months using digital wallets, which can be used at Costco. DM if you want a referral link for the card and $100 bonus. Google pay has to be used in-store. "Digital Wallet purchases include some online purchases and some in-store pu...

Didnt watch full movie but IIRC Goldman et al were portrayed as chumps, for dramatic effect like all movies. Many knew about the bubble, problem is timing and willingness to bet big on it. Goldman kept the billions in salary they made selling junk. Wall Street always gets bailed out. The "geniu...

Gold's taxed as ordinary income. No favorable long term cap gains treatment.

Riiight the canadian gov that used the War Measures act against the middle class freedom convoy when they got tired of house arrest and forced vaccination But we learned things, like despite Australia having good systems like ranked choice voting, they still went authoritarian. And Japan didnt force...

I can read a book without reading it, watch a movie without watching it. I can ride my bike with no handlebars https://www.youtube.com/watch?v=HLUX0y4EptA

1)Aliens
2)Big Lebowski
Not sure # 3. Pulp fiction, Raising Arizona, Margin Call, There will be blood, Predator

Siblings arent raised equally, first child gets more parental effort. Occasionally too much and it backfires. Elite education is just busywork and hazing anyway. Go to a bad school and study math at your own pace. Put minimal effort into classes that dont interest you. And some random content https:...

Ackshully he did say something memorable, that he was officially Leftist, because they are in control and whats the benefit of being of being openly conservative. To wit I might end up communist, watching the far right still push Trump, when he did nothing about lockdown, is a slap in the face. But....