Search found 59 matches

by hardlawjockey
Fri Aug 03, 2018 4:11 pm
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 34
Views: 21501

Re: Safe Deposit Box Location

Desert wrote: Fri Aug 03, 2018 4:04 pm I thought everyone was aware that hardlaw is a professor at Liberty University.
OMFG! Now I really do have to hide my gold.
by hardlawjockey
Fri Aug 03, 2018 3:55 pm
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 34
Views: 21501

Re: Safe Deposit Box Location

I even thought about employing a "fake safe" filled with washers to sound like coins along with worthless paper, but that presents the same problem as a real safe. You are still advertising the presence of valuables. If the burglars figure out your deception they are going to ask "ok...
by hardlawjockey
Fri Aug 03, 2018 12:26 pm
Forum: Other Discussions
Topic: Interventionism versus non-interventionism
Replies: 43
Views: 19732

Re: Interventionism versus non-interventionism

At one time I would have called myself a Libertarian but today I tend to eschew all forms of ideology and am more of a pragmatist. Having said that, the U.S.A. has had an interventionist foreign policy since at least the end of WWII. Can someone point out what benefit this has been to the American ...
by hardlawjockey
Thu Aug 02, 2018 4:34 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1746751

Re: The GOLD scream room

Cortopassi wrote: Thu Aug 02, 2018 4:11 pm What am I going to hear about on the drive home?? Oohhhh, Apple is a TRILLION dollars. And that will be on the regular news, the nightly news the news websites, etc, etc.
Try some music.
by hardlawjockey
Thu Aug 02, 2018 4:02 pm
Forum: Stocks
Topic: 0.00 expense ratio index funds @ Fidelity
Replies: 13
Views: 13300

Re: 0.00 expense ratio index funds @ Fidelity

Now, if they can just figure out how to convert all of my VTI in a taxable account to this new fund without paying any capital gains tax, I'm all in.

Will definitely consider it in my tax-deferred accounts when re-balance time arrives next year.
by hardlawjockey
Thu Aug 02, 2018 3:37 pm
Forum: Other Discussions
Topic: Interventionism versus non-interventionism
Replies: 43
Views: 19732

Re: Interventionism versus non-interventionism

At one time I would have called myself a Libertarian but today I tend to eschew all forms of ideology and am more of a pragmatist. Having said that, the U.S.A. has had an interventionist foreign policy since at least the end of WWII. Can someone point out what benefit this has been to the American t...
by hardlawjockey
Thu Aug 02, 2018 3:10 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 658529

Re: Stock scream room

It's definitely a loss. Mark to market is the most honest accounting method, because we don't know what the future holds. We only know the value of an asset in the present. It might go up or down in the future, nobody knows. My Dad never invested a single penny in the stock market and thought I was...
by hardlawjockey
Tue Jul 31, 2018 6:19 pm
Forum: Other Discussions
Topic: Interventionism versus non-interventionism
Replies: 43
Views: 19732

Re: Interventionism versus non-interventionism

The most common criticism of Libertarians I have seen is that their non-interventionist policies would allow other rival powers, such as China or Russia, to grow in influence and to eventually take over much of the globe, greatly weakening the strength of the US and Europe, and ultimately could lea...
by hardlawjockey
Tue Jul 31, 2018 5:33 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 658529

Re: Stock scream room

When I see a headline like Mark Zuckerburg "losing" the greatest amount of money any human being has ever lost in a single day it only tells me how financially illiterate people are (or else knowingly posting click-bait with a hyperbolic headline). I'm assuming, of course, that Mr. Zucker...
by hardlawjockey
Sat Jul 28, 2018 4:48 pm
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 34
Views: 21501

Re: Safe Deposit Box Location

I don't care how bad ass your home safe is, when they have a gun to your daughter's head and tell you to open the safe, well that's what you are going to do. Keeping any substantial stockpile of gold/silver/cash around the house is a really bad idea. This is basically why I decided against a home s...
by hardlawjockey
Fri Jul 27, 2018 3:22 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 362405

Re: Golden Butterfly Portfolio

When I transitioned into the GB a couple of years ago I set things up so that all of the SCV is in my Roth IRA's.
by hardlawjockey
Fri Jul 27, 2018 3:16 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 658529

Re: Stock scream room

When I see a headline like Mark Zuckerburg "losing" the greatest amount of money any human being has ever lost in a single day it only tells me how financially illiterate people are (or else knowingly posting click-bait with a hyperbolic headline). I'm assuming, of course, that Mr. Zuckerb...
by hardlawjockey
Fri Jul 27, 2018 3:07 pm
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 34
Views: 21501

Re: Safe Deposit Box Location

When I started the PP and bought my first set of gold coins I had to decide where to store it and it all boiled down to 3 options ... 1. Bank (or some other entity) safe deposit box 2. A home safe 3. Cleverly hide where nobody will normally look. Ultimately I chose option #3. My reasoning was that ...
by hardlawjockey
Thu Jul 26, 2018 7:24 pm
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 34
Views: 21501

Re: Safe Deposit Box Location

When I started the PP and bought my first set of gold coins I had to decide where to store it and it all boiled down to 3 options ... 1. Bank (or some other entity) safe deposit box 2. A home safe 3. Cleverly hide where nobody will normally look. Ultimately I chose option #3. My reasoning was that o...
by hardlawjockey
Wed Jul 25, 2018 11:06 pm
Forum: Variable Portfolio Discussion
Topic: Interesting talk on capital preservation
Replies: 19
Views: 13823

Re: Interesting talk on capital preservation

Passive investors cant investigate the businesses they buy, its a leap of faith that the economy will grow Well, they CAN investigate the businesses they buy, but then they wouldn't be passive investors. I don't see how it is a leap of faith to believe that economies tend to grow. Unless acted upon...
by hardlawjockey
Wed Jul 25, 2018 9:43 pm
Forum: Variable Portfolio Discussion
Topic: Interesting talk on capital preservation
Replies: 19
Views: 13823

Re: Interesting talk on capital preservation

Natural human skepticism has to be shut off when it comes to passive investing. Not sure what other areas of life are similar. Religion comes to mind, and maybe politics, but I'm not sure what you mean when it comes to passive investing. Are you saying that we should be naturally skeptical of it bu...
by hardlawjockey
Wed Jul 25, 2018 8:52 pm
Forum: Other Discussions
Topic: Trump as tragicomedy
Replies: 958
Views: 386382

Re: Trump as tragicomedy

Given the way the Democratic Party is going, the slogans for the next presidential campaign should be MAGA vs MALV.

MALV=Make America Like Venezuela
by hardlawjockey
Fri Jun 15, 2018 11:49 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1746751

Re: The GOLD scream room

Yup, and since your buy you’ve stunk it up...too bad. Yet my 70/30 is up 340K YTD. How’s your gold YTD? Ok, if I did the math right, that means you, Buddtholomew, have about $12M in your portfolio, and yet you spend your time coming on here to whine about gold's poor performance over the last few y...
by hardlawjockey
Wed Jun 13, 2018 9:57 am
Forum: Other Discussions
Topic: More Than Half of Millenials Expect to Be Millionaires
Replies: 10
Views: 8513

Re: More Than Half of Millenials Expect to Be Millionaires

Don't see anything wrong with having such expectations when you're young. Reality will settle in soon enough and I'm sure a lot of them will make it.
by hardlawjockey
Sun Jun 10, 2018 12:58 pm
Forum: Variable Portfolio Discussion
Topic: Wellesley
Replies: 13
Views: 15777

Re: Wellesley

I remember a heated debate between Wellesley and the PP on another forum but I don't think it was Bogleheads. I do remember that somebody named Medium Tex was the main PP protagonist however. I went all in with Wellessly for a while because the PP seemed a bit too exotic for my tastes at the time bu...
by hardlawjockey
Sun Jun 10, 2018 12:46 pm
Forum: Other Discussions
Topic: The Psychology of Money
Replies: 16
Views: 10712

Re: The Psychology of Money

I have a much simpler solution: parents pay for their children's education. What if they can't afford to? Or choose not to? Isn't it better for society to have everyone educated? When and where I grew up, the prevailing thought seemed to be that the children paid for their own education, perhaps wi...
by hardlawjockey
Thu Jun 07, 2018 11:55 am
Forum: Other Discussions
Topic: The Psychology of Money
Replies: 16
Views: 10712

The Psychology of Money

I think PP'er's will relate to most of this.... http://www.collaborativefund.com/blog/the-psychology-of-money/ The piece is chock full of money quotes so it was hard to pick one but here goes (quite relevant to this forum, I think) ..... Anything worthwhile with money has high stakes. High stakes en...
by hardlawjockey
Fri May 25, 2018 2:38 pm
Forum: Other Discussions
Topic: School Shootings
Replies: 51
Views: 26858

Re: School Shootings

Ditto. My High School graded on the percentage scale. Highest possible was 100% which required 100% on all tests and homework, and perfect attendance in the specified class. College was on the 4.0 maximum scale. I suppose that due to The Great Leveling, there's been a need for ever more creative wa...
by hardlawjockey
Wed May 23, 2018 10:41 pm
Forum: Other Discussions
Topic: Freedom
Replies: 32
Views: 21692

Re: Freedom

Actually it really IS a pain reliever. See https://www.leafly.com/news/health/cannabis-for-chronic-pain-vs-opioids for a report on some of the research demonstrating this. I can see what they mean but I'll stand by my point, based on anecdotal, experiential evidence so far. Based on my experience i...
by hardlawjockey
Wed May 23, 2018 9:44 pm
Forum: Other Discussions
Topic: NFL National Anthem Controversy
Replies: 30
Views: 22123

Re: NFL National Anthem Controversy

I don't think the "bottom of the barrel" criticism applies here. This isn't the Trump thread, it's the NFL National Anthem Controversy thread. I didn't say "this happened, so Trump is the greatest ever". But it is definitely a win for him. Maybe some are fawning, I don't know. B...