Search found 829 matches

by jalanlong
Wed Mar 08, 2023 6:28 pm
Forum: Politics
Topic: Socialism - Should we be worried
Replies: 65
Views: 39051

Re: Socialism - Should we be worried

They have a million and one ways of taking away your wealth. They can crash the stock market on a whim, Speaking of this, I owned ADR shares in Russian oil company Lukoil for several years. I found it sold at much lower multiples than oil companies in the West and I assumed that the risk would be f...
by jalanlong
Wed Mar 08, 2023 5:50 pm
Forum: Politics
Topic: Socialism - Should we be worried
Replies: 65
Views: 39051

Re: Socialism - Should we be worried

One of the more concerning aspects of central bank digital currencies--which many predict are all but inevitable--is their capacity to be programmed to expire after a certain period of time. That would suck. Use it or lose it perishable money? I have read of implications far worse than that. For ex...
by jalanlong
Wed Mar 08, 2023 5:45 pm
Forum: Politics
Topic: Socialism - Should we be worried
Replies: 65
Views: 39051

Re: Socialism - Should we be worried

One of the more concerning aspects of central bank digital currencies--which many predict are all but inevitable--is their capacity to be programmed to expire after a certain period of time. That would be the end of generational wealth for all but the Elite, who undoubtedly have figured out some wa...
by jalanlong
Tue Mar 07, 2023 5:15 pm
Forum: Politics
Topic: Great article on the new politics
Replies: 12
Views: 6558

Re: Great article on the new politics

The gist of the article is that the R party is coming unglued, and it's not what most people think it is. Many people are tired of giant global companies and the elites who are in their pockets. Tired of good jobs disappearing. Tired of mass immigration changing their countries. Tired of elites dri...
by jalanlong
Tue Mar 07, 2023 2:26 pm
Forum: Politics
Topic: Great article on the new politics
Replies: 12
Views: 6558

Re: Great article on the new politics

The gist of the article is that the R party is coming unglued, and it's not what most people think it is. Many people are tired of giant global companies and the elites who are in their pockets. Tired of good jobs disappearing. Tired of mass immigration changing their countries. Tired of elites dri...
by jalanlong
Tue Mar 07, 2023 1:17 pm
Forum: Cash
Topic: Single-bond ETFs
Replies: 13
Views: 7822

Re: Single-bond ETFs

I have read the website and several articles on these single bond ETFs. I do not get the advantage of owning an ETF that trades into the current 3 month Treasury each month as opposed to just a generic Treasury ETF like SGOV or XHLF that holds a variety of 3-6 month treasuries at much lower expense...
by jalanlong
Tue Mar 07, 2023 9:48 am
Forum: Politics
Topic: Socialism - Should we be worried
Replies: 65
Views: 39051

Socialism - Should we be worried

https://www.collegemedianetwork.com/almost-40-of-college-university-undergraduates-nationwide-favor-socialism/ https://news.gallup.com/poll/257639/four-americans-embrace-form-socialism.aspx As a person that is heavily invested in stocks for generational wealth, I will have to admit that the one thin...
by jalanlong
Fri Feb 17, 2023 5:45 pm
Forum: Politics
Topic: Ohio Disaster
Replies: 51
Views: 7563

Re: Ohio Disaster

Regardless, Vinny, you and Maddy are just talking past each other. If you're going to listen to the video and respond to her questions, then please do so, and if not, just say you're not. But it really isn't fair to say the video is an example of bad stuff without being able to explain why. I made ...
by jalanlong
Tue Feb 14, 2023 9:08 am
Forum: Politics
Topic: Fox News
Replies: 38
Views: 8879

Re: Fox News

I Shrugged wrote:
Mon Feb 13, 2023 7:03 pm
Correction, war is the biggest government program.
Not according to Politifact, unless you do not consider Social Security, Medicare and Medicaid to be programs.


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by jalanlong
Thu Feb 09, 2023 12:58 pm
Forum: Other Discussions
Topic: The Meme Thread
Replies: 279
Views: 220559

Re: The Meme Thread

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by jalanlong
Thu Feb 09, 2023 10:56 am
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Bottom line is there is no difference when you pull money out either way . Total return always is the guiding force as how much you can take and there is no difference in down markets doing it via dividends or not . You may prefer one way or another but to make a claim dividends are better because ...
by jalanlong
Thu Feb 09, 2023 10:14 am
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

…just because a person may have a portfolio of non div payers why are you assuming they would be selling equities in a down market ? Where did I write or imply this? My statement indicated that my family would not want to deal with investments at all. So if I have a portfolio of dividend stocks tha...
by jalanlong
Thu Feb 09, 2023 9:49 am
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

I don't see anybody saying that the value of a stock wouldn't be higher if the company didn't pay a dividend. Except of course for all the dividend investors who would dump it. I also don't think there's a thing wrong with a company being an engine that throws off money. That is, after all, the poi...
by jalanlong
Wed Feb 08, 2023 6:40 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 7734

Re: The Dems Set Some of the Darnedest Precedents

Can you explain how you are an extreme fiscal conservative but yet voted for Tulsi Gabbard? She does not differ from mainstream Democrats on fiscal policy much at all except in her objection to wasteful war spending. Her views on national health care and government intervention into free markets (e...
by jalanlong
Wed Feb 08, 2023 6:23 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

But your investment is being d sold off ..every dividend has your portfolio value reduced by the same amount paid out . The company selling off a piece of your share price is no different than you selling equal dollars off your portfolio via share or piece of a share since you can now buy and sell ...
by jalanlong
Wed Feb 08, 2023 5:31 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

That is false logic . Dividends are withdrawals like any other withdrawal . Withdrawals are always dependent on portfolio values … It is total returns and the sequence of returns that determine withdrawals and withdrawal success rates , not whether the company makes the withdrawals for you or you d...
by jalanlong
Wed Feb 08, 2023 4:47 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Schiff's problem is the same one that afflicts a lot of others. Ideologically based investing is dangerous. Schiff has drunk deep from the Austrian School's kool-aid and is a confirmed gold bug. Once upon a time I was there as well. But I've moved on. Yeah, Schiff is also very very certain that he'...
by jalanlong
Wed Feb 08, 2023 4:18 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 7734

Re: The Dems Set Some of the Darnedest Precedents

Aside from owing $2,000 in student loan debt after the last two years of undergraduate school followed by a year to get a masters I have never had any other debt - unpaid credit card, car loan, house mortgage. I have lived a super frugal life, way below my means. Quite un-American. Have you ever es...
by jalanlong
Wed Feb 08, 2023 2:02 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 7734

Re: The Dems Set Some of the Darnedest Precedents

Aside from owing $2,000 in student loan debt after the last two years of undergraduate school followed by a year to get a masters I have never had any other debt - unpaid credit card, car loan, house mortgage. I have lived a super frugal life, way below my means. Quite un-American. Have you ever es...
by jalanlong
Wed Feb 08, 2023 12:32 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 7734

Re: The Dems Set Some of the Darnedest Precedents

Can you explain how you are an extreme fiscal conservative but yet voted for Tulsi Gabbard? She does not differ from mainstream Democrats on fiscal policy much at all except in her objection to wasteful war spending. Her views on national health care and government intervention into free markets (e...
by jalanlong
Wed Feb 08, 2023 11:31 am
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 7734

Re: The Dems Set Some of the Darnedest Precedents

Not that my endorsement means anything, but Vinny is one of the most non-partisan members of this forum. LOL, why don't you ask him when the last time he voted for a Republican is. I have this as part of my "political" email signature: "Another independent moderate who voted for a Republican, a Gre...
by jalanlong
Tue Feb 07, 2023 1:33 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27556

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Schiff's problem is the same one that afflicts a lot of others. Ideologically based investing is dangerous. Schiff has drunk deep from the Austrian School's kool-aid and is a confirmed gold bug. Once upon a time I was there as well. But I've moved on. Yeah, Schiff is also very very certain that he'...
by jalanlong
Sun Jan 29, 2023 2:51 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 1777026

Re: Coronavirus General Discussion

I dont necessarily object to gain of function research. But its interesting how this story was scrubbed for several days, and how most of family will never hear about it. People are living in different realities if they dont seek out contrarian news sources. When everyone had to read NYtimes, WSJ e...
by jalanlong
Sun Jan 29, 2023 1:17 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 1777026

Re: Coronavirus General Discussion

I dont necessarily object to gain of function research. But its interesting how this story was scrubbed for several days, and how most of family will never hear about it. People are living in different realities if they dont seek out contrarian news sources. When everyone had to read NYtimes, WSJ e...
by jalanlong
Fri Jan 27, 2023 5:54 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 1777026

Re: Coronavirus General Discussion

Yes, in Plano. Outside the Plano DPS when my wife went to get her license there was an employee standing outside shouting that this is a Federal Building and mask mandates are in effect. They are still by appointment only at that location. There shouldn't be anything federal about the Plano DPS. Th...