Search found 2023 matches

by Kbg
Thu Mar 25, 2021 9:10 am
Forum: Cash
Topic: Fedcoin (Proposed Digital Dollar)
Replies: 23
Views: 1568

Re: Fedcoin (Proposed Digital Dollar)

Putting speculation aside, I've read a lot about the real and useful commercial purposes of secure digital currencies. I've read very little that says BITC is it due it's limitations. Could you clarify that last sentence. Bitcoin is “it”? "It" means being the bombdigity as a digital currency. The t...
by Kbg
Thu Mar 25, 2021 9:00 am
Forum: Variable Portfolio Discussion
Topic: Schemes for maximizing cash returns
Replies: 25
Views: 1924

Re: Schemes for maximizing cash returns

Thanks v_c as well! So from a practical trading perspective, where is the line in terms of bond maturity length that you would favor an ETF/real bonds over the futures equivalent? Is there a line? Assume for answering this question one had no opinion (PP like) as to which direction interest rates we...
by Kbg
Thu Mar 25, 2021 8:46 am
Forum: Cash
Topic: Fedcoin (Proposed Digital Dollar)
Replies: 23
Views: 1568

Re: Fedcoin (Proposed Digital Dollar)

It seems like the competition for fedcoin is banks and payment processors. Well, I guess it's a competitor to BTC in the sense of being different currencies. But if BTC is digital gold, a defense against the dollar devaluation, then how does making the dollar digital make it compete better against ...
by Kbg
Wed Mar 24, 2021 11:04 am
Forum: Cash
Topic: Fedcoin (Proposed Digital Dollar)
Replies: 23
Views: 1568

Re: Fedcoin (Proposed Digital Dollar)

If you are shocked governments are going to take over digital currencies, don't be. It's a given. There's likely been a government in the entire history of mankind where this is not the case. No need to be cynical, it is all about the economic power that comes with it and they aren't going to relin...
by Kbg
Wed Mar 24, 2021 10:04 am
Forum: Cash
Topic: Fedcoin (Proposed Digital Dollar)
Replies: 23
Views: 1568

Re: Fedcoin (Proposed Digital Dollar)

If you are shocked governments are going to take over digital currencies, don't be. It's a given. There's likely been a government in the entire history of mankind where this is not the case. No need to be cynical, it is all about the economic power that comes with it and they aren't going to relinq...
by Kbg
Tue Mar 23, 2021 10:46 pm
Forum: Variable Portfolio Discussion
Topic: Schemes for maximizing cash returns
Replies: 25
Views: 1924

Re: Schemes for maximizing cash returns

Bond futures compared to actual treasuries...realistically what is the expectation of futures return vs. physical return. I've read quite a bit trying to figure it out and much of it seems to conflict. So...let's eliminate all the what ifs and assume everything is stable/unchanging. Today, what woul...
by Kbg
Tue Mar 23, 2021 8:37 am
Forum: Gold
Topic: I need to buy some gold!
Replies: 31
Views: 2028

Re: I need to buy some gold!

It was always my intent to visit them before doing this, but Cayman has been closed due to the Wuhan for a year, and I could not wait any longer. I sort of understand why people want offshore storage, but I also see many downsides of any number of reasons (Covid, prime example) of not being able to...
by Kbg
Tue Mar 23, 2021 8:32 am
Forum: Variable Portfolio Discussion
Topic: Schemes for maximizing cash returns
Replies: 25
Views: 1924

Re: Schemes for maximizing cash returns

Completely different topic...read an article about effectively laddering bonds more efficiently and profitably by calibrating various term bond ETFs. It was eye opening. The article was a bit dated, but a concept I'd never really thought of. And if you aren't into managing bonds, like I'm not, but ...
by Kbg
Tue Mar 23, 2021 8:25 am
Forum: Gold
Topic: I need to buy some gold!
Replies: 31
Views: 2028

Re: I need to buy some gold!

It was always my intent to visit them before doing this, but Cayman has been closed due to the Wuhan for a year, and I could not wait any longer. I sort of understand why people want offshore storage, but I also see many downsides of any number of reasons (Covid, prime example) of not being able to...
by Kbg
Mon Mar 22, 2021 5:15 pm
Forum: Variable Portfolio Discussion
Topic: Schemes for maximizing cash returns
Replies: 25
Views: 1924

Re: Schemes for maximizing cash returns

Folks can hop over to the old VP thread I post on on leveraged investments...but this got me curious. Given the problem Mark noted late last year I also started looking for something that would generate yield...anyway, I'm selling 5 DTE weekly calls on my TQQQ holdings. Since January, not annualized...
by Kbg
Sat Mar 20, 2021 8:56 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 4649
Views: 366694

Re: Coronavirus General Discussion

Logically, if you are a business owner I would think there are three main factors. Legal liability...and you know there are lawyers out there looking to pin a covid libability case on a business owner for not having work policies that follow state and federal guidance. So I would say that one is a c...
by Kbg
Sat Mar 20, 2021 8:35 pm
Forum: Variable Portfolio Discussion
Topic: Schemes for maximizing cash returns
Replies: 25
Views: 1924

Re: Schemes for maximizing cash returns

I've been selling weekly 5 delta OTM covered calls on my holdings. With Interactive Brokers you can bring up one of their option tools and pick a delta and display its associated annualized yield. It's a lot of trading every Monday morning. With calls that far out assignment is rare. I've been assig...
by Kbg
Fri Mar 19, 2021 3:22 pm
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1241
Views: 40460

Re: Reasons why I will not be getting injected for the Wuhan

I had a shingles episode last year. It was a very not pleasant experience. If they breakout near your eyes or ears they can cause blindness and/or deafness. My breakout went into the ear canal and my physician treated me with very strong antibiotics. They are both very painful and very itchy. My are...
by Kbg
Thu Mar 18, 2021 8:53 am
Forum: Cash
Topic: Let's debate: Money
Replies: 37
Views: 2430

Re: Let's debate: Money

So, on to store of value. The data clearly indicates US paper money is not a good store of value over longer periods of time given the advent of centralized banking. To me the interesting thing we should dive into is the balance between being a good store of value and stability/volatility of the ass...
by Kbg
Thu Mar 18, 2021 8:45 am
Forum: Cash
Topic: Let's debate: Money
Replies: 37
Views: 2430

Re: Let's debate: Money

I think I understand. For all intents and purposes when we are trying to decide on how to invest in money as part of the PP then we are talking about money as a store of value. However, a unit of account, is what is needed to measure the value of the portfolio at the present. This is basically sayi...
by Kbg
Wed Mar 17, 2021 11:31 am
Forum: Cash
Topic: Let's debate: Money
Replies: 37
Views: 2430

Re: Let's debate: Money

I'm probably getting too nerdy. Of note, I have not disagreed with anything you've said as applied to the store of value definition of money.
by Kbg
Wed Mar 17, 2021 9:29 am
Forum: Bonds
Topic: Why in the World Would You Own Dollar Debt? - Dalio
Replies: 21
Views: 1929

Re: Why in the World Would You Own Dollar Debt? - Dalio

A no value add comment...but yeah, this negative real yields thing sucks. It's a tough problem. I've been spending a bit of time lately looking at selling premium in a less volatile fashion. It most definitely isn't the same as holding bonds or cash and takes a lot of time to do, but if you can play...
by Kbg
Wed Mar 17, 2021 9:09 am
Forum: Cash
Topic: Let's debate: Money
Replies: 37
Views: 2430

Re: Let's debate: Money

I think you keep mixing up unit of account with store of value which is muddling up your responses. Why is it that I am the one that is mixing things up. There is an assumption here that I am challenging which is this whole notion that for 99% of the planet it is their home currency. Unless passing...
by Kbg
Tue Mar 16, 2021 11:55 pm
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1241
Views: 40460

Re: Reasons why I will not be getting injected for the Wuhan

murphy_p_t wrote:
Tue Mar 16, 2021 10:05 pm
Mockers of the conspiracy theory may find Paul Craig Roberts to be entertaining
Wow, I respect you even less now. Would mom be disappointed in you?

Us hardcore lefties love canceling people, done.
by Kbg
Tue Mar 16, 2021 9:56 pm
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1241
Views: 40460

Re: Reasons why I will not be getting injected for the Wuhan

The conspiracy deepens. Definitely a false flag op going down. “I would recommend it,” Trump said during an interview on Fox News with Maria Bartiromo. “And I would recommend it to a lot of people that don't want to get it and a lot of those people voted for me, frankly. But again, we have our freed...
by Kbg
Tue Mar 16, 2021 9:54 pm
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1241
Views: 40460

Re: Reasons why I will not be getting injected for the Wuhan

The conspiracy deepens. Definitely a false flag op going down. “I would recommend it,” Trump said during an interview on Fox News with Maria Bartiromo. “And I would recommend it to a lot of people that don't want to get it and a lot of those people voted for me, frankly. But again, we have our freed...
by Kbg
Tue Mar 16, 2021 1:35 pm
Forum: Cash
Topic: Let's debate: Money
Replies: 37
Views: 2430

Re: Let's debate: Money

I think you keep mixing up unit of account with store of value which is muddling up your responses. Unit of account is for all practical purposes your home currency, end, period, dot. (I did note, there could be exceptions but for 99% of the planet it's their home currency. More accurately phrased, ...
by Kbg
Tue Mar 16, 2021 1:12 pm
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1241
Views: 40460

Re: Reasons why I will not be getting injected for the Wuhan

Vaccinated yesterday afternoon. Sore arm near injection point that evening. Less sore this morning with no other effects other than I hate getting up for work after day light savings time kicks in. Great work, my friend! Please add your first syringe emoji to your signature line, and the second whe...
by Kbg
Tue Mar 16, 2021 1:04 pm
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1241
Views: 40460

Re: Reasons why I will not be getting injected for the Wuhan

Moderna is beginning testing in the pediatric population . In Part 1, each participant ages two years to less than 12 years may receive one of two dose levels (50 μg or 100 μg). Also in Part 1, each participant ages six months to less than 2 years may receive one of three dose levels (25 μg, 50 μg ...
by Kbg
Tue Mar 16, 2021 9:14 am
Forum: Cash
Topic: Let's debate: Money
Replies: 37
Views: 2430

Re: Let's debate: Money

For the same reasons I also think that whether someone living in the US or not the actual short term expenditure is irrelevant to measuring the portfolio. I recognize that someone like MJ may have a different perspective in that he uses the USD as a measurement of gains and losses in the present, b...