I Shrugged wrote: ↑Wed Feb 02, 2022 9:40 pm

Don wrote: ↑Wed Feb 02, 2022 5:19 pm It's just a matter of time before Putin steals everyone's bitcoin….

That would be self defeating, though.

How so?

I had multiple pulmonary emboli but it was 8 months after receiving my 2nd shot. I have cancer too so I can't be certain of what caused the emboli.

It's just a matter of time before Putin steals everyone's bitcoin. Get out now.

Hold cash until mid year and then invest over 6 months.

buddtholomew wrote: ↑Wed Jan 26, 2022 3:02 pm PP hurting bad.
Gold and LTT’s cannibalizing each other to the downside as rates rise.
Sucks for sure.

"No way out. No way out." (In my Gene Wilder voice).

Thanks to all those who continue to drag my name through the mud. Take a look at the wonderful PP today with stocks down 2%+ and Gold/LTT’s basically flat. Portfolio is garbage. You lose on the upside and the downside. Keep the faith though, I’m sure it will turn out well. Dolts. Budd, if stocks ar...

I, for one, enjoy reading mathjak's posts even if I don't always agree with them. I've learned from him and I hope that we have a big enough tent here not to drive him away.

I'm glad that I own some gold today. How about you?

I was sitting in a parking lot of a supermarket when a flatbed tow truck hauls in a Tesla that had ran out of juice. The tow truck backed the Tesla up to the charging station and the owner climbed up on the truck with the electric charger in her hand. She couldn't open the doors of her vehicle eithe...

I apologize too.

More.... https://apnews.com/article/coronavirus-pandemic-science-health-anthony-fauci-9444d63b650b98e235ed2595b0ebe844 "The explosive increase in U.S. coronavirus case counts is raising alarm, but some experts believe the focus should instead be on COVID-19 hospital admissions. And those aren’...

My Tesla burns no fossil fuels Where does the electricity come from? I didn't say no fossil fuels were burned. Just that my Tesla doesn't directly burn them. Pretty sure EVs are not going to save the planet. I guess we'll see. Okay. As long as we're all aware that driving a Tesla doesn't mean that ...

MangoMan wrote: ↑Sat Jan 08, 2022 11:11 am My Tesla burns no fossil fuels

Where does the electricity come from?

mathjak107 wrote: ↑Thu Dec 16, 2021 4:10 am DBC for commodities , gbtc for bitcoin

Gbtc is down close to 25% over the past year.

I can see comparing other conservative models but certainly not comparing to high equity Wellesly income , a great conservative choice up 8% I've gravitated my retirement accounts to Wellesley and I'm very happy with it. Wellesley adds diversification to my portfolio. Of course, I'm retired and not...

How's this for a scheme? You buy CDs using a 2% cash back credit card and you instantly have a 2% tax free return. I know someone who's been doing this for years. You're talking about certificates of deposit, not compact discs, right? How do you buy CDs (the certificates) with a credit card? He has...

How's this for a scheme?

You buy CDs using a 2% cash back credit card and you instantly have a 2% tax free return.

I know someone who's been doing this for years.

Yeah, I know. I've owned it for years.

I bought PHYS years ago and dislike it but I don't want to pay taxes to switch out of it. I guess I'm stuck. PHYS is a Trust & therefore isn't taxed at the Collectibles rate: it is taxed like any other ETF. For the PP, I've got all stocks and LTTs in the tax deferred accounts and SHY+IAU in a b...

https://sprott.com/investment-strategie ... -youStates.

This explains it well.

Cruz called the people who entered the Capitol "violent terrorists" yesterday and probably ended his career.

johnnywitt wrote: ↑Tue Jan 04, 2022 6:33 pm

Don wrote: ↑Wed Nov 17, 2021 8:50 am I bought PHYS years ago and dislike it but I don't want to pay taxes to switch out of it. I guess I'm stuck.

PHYS is a Trust & therefore isn't taxed at the Collectibles rate: it is taxed like any other ETF.

Thanks for this.

mathjak107 wrote: ↑Fri Dec 31, 2021 1:37 pm Brbk has lagged for 20 years and that is pretty much over all time frames , 3,5 10,15,20 years .

so it has compensated its investors not so well …one year means little if it can’t keep it up

It's the only year I've owned it.

Brkb is up about 28% this year and pays zero dividends, making it a nice buy and hold in a taxable account. It's had a fine year but lagged before this. I sold my Amzn to buy it nearly a year ago.

[I'm splitting this off from the Bugaria thread so as to not hijack and go too far off topic] Pug's point, WSJ: https://outline.com/aHxbYM And knowing this, the idiots in charge continue to double down on policies that encourage fleeing. And they keep getting reelected. There must be some rational ...