Punter wrote:
No one would argue against T-bills (or notes, or bonds), but no knowledgeable investor would recommend CDs.
Ghost of Igloi wrote:
I do it every day.
??♀️
Punter wrote:
No one would argue against T-bills (or notes, or bonds), but no knowledgeable investor would recommend CDs.
Ghost of Igloi wrote:
I do it every day.
??♀️
Ghost of Igloi wrote:
That ought to make responsible borrowers happy.
Sorry Igy, but that's life. Boomers got to buy houses for a pack of gum and box top coupons in the 70s, then got to invest at the very bottom of an epic crash in 2008 and ride it way up to the top. Time for my generation to get its windfall.
Also I'm mostly joking.
But God it would be great if it happened.
Ghost of Igloi wrote:
That ought to make responsible borrowers happy.
Oh, the irony!
Racket,
I get it. I have worked or done something productive since the early 1960s; I will be 70 in fifteen months and still working. I made sure our elderly parents lived outside of facilities, and did so on an intimate level. Most people of your generation have seen more of the world outside the United States than I. I do most of my home maintenance myself. So I certainly don’t feel I have led an entitled life.
As I said in an earlier post, a large portion of real estate inflation can be placed in the lap of the Fed. That goes for the cost of education, and our stock/bond market.
Igy
Racket wrote:
Flagpole wrote:
Well, you side with the wrong side then.
Here are the facts:
1) Yep...I popped in to give an "I told you so". Very friendly one at that. Warranted too due to all the know-nothings in this thread who spout all kinds of Doom and Gloom and have told me I'm an idiot many times over. My investing philosophy has been proven right over the time period of this thread and all those who said I knew nothing have been proven wrong. That Maserati (whom I didn't even call out) decided to call me a "know-nothing" again shows that he doesn't know what he's talking about. He could have kept his trap shut, but he decides to call me out because I said a stock rise the other day was "interesting". WTF?! I can decide it is interesting if I want to, so he then says it isn't interesting and yet I am the one who is pegged as a know-it-all? BS.
2) Where have I ever not admitted error? I do that ALL THE TIME. Go search for the word "unreservedly" which I use a lot when I admit error, and you will see how many times I have done so. Ridiculous that you would say I never admit error. I probably do so more than anyone else here for three main reasons - 1) I make more predictions than others; 2) I have been over time a prolific poster (though not as much lately); 3) I have 100% integrity 100% of the time and thus am required to admit fault when I am so. Again...search for the word I gave you to search for and then tell me again that I never admit fault. Here's the first hit on that search -"You pointed out something that I did that was sub par. I was wrong. I was unclear and incomplete. For that I apologize unreservedly." How about some more? "Poorly worded on my part. I was wrong to write it that way and I apologize unreservedly." AND "Well, that's a good point. I missed the part in his original post where he said he wasn't going to do this, so I was wrong to lecture him. My bad. I apologize unreservedly." AND "Yep. Sorry, brother, I missed that. I apologize unreservedly." I could go on and on with these. So, will YOU admit that YOU were wrong about me there? Because you are.
3) So, am I a know-it-all? Nope. I typically know a lot about the threads I post in though. I know a LOT about stocks and investing. I know a LOT about the manufacturing industry. I know a LOT about politics. I know a LOT about baseball. I don't know much about gaming or clog dancing or the BYU team, so I don't post there.
4) And, no I am not on the specturm (just another thing you are wrong about)...unless it's the Spectrum of Awesome! In that case, I'm at the top.
Will you admit you were wrong (because you have been proven wrong)? Time will tell, and we will see if you have integrity or not.
This reads like an epitaph
It reads like someone who was accused of never admitting fault who then showed several examples to the contrary along with the tools to find even more examples of when I admitted fault.
Ghost of Igloi wrote:
Racket,
I get it. I have worked or done something productive since the early 1960s; I will be 70 in fifteen months and still working. I made sure our elderly parents lived outside of facilities, and did so on an intimate level. Most people of your generation have seen more of the world outside the United States than I. I do most of my home maintenance myself. So I certainly don’t feel I have led an entitled life.
As I said in an earlier post, a large portion of real estate inflation can be placed in the lap of the Fed. That goes for the cost of education, and our stock/bond market.
Igy
Don’t you own like a half-million dollar home in a gated community, or on a lake or golf course or something? And you drive a Porsche, you said. How is that not entitled?
Winding to a close on about the most boring day in the market that i can remember.
Not much movement except maybe the Russel 2K small caps.
Wait, what? wrote:
Ghost of Igloi wrote:
Racket,
I get it. I have worked or done something productive since the early 1960s; I will be 70 in fifteen months and still working. I made sure our elderly parents lived outside of facilities, and did so on an intimate level. Most people of your generation have seen more of the world outside the United States than I. I do most of my home maintenance myself. So I certainly don’t feel I have led an entitled life.
As I said in an earlier post, a large portion of real estate inflation can be placed in the lap of the Fed. That goes for the cost of education, and our stock/bond market.
Igy
Don’t you own like a half-million dollar home in a gated community, or on a lake or golf course or something? And you drive a Porsche, you said. How is that not entitled?
^SCIIG
Ghost of Igloi wrote:
Wait, what? wrote:
Don’t you own like a half-million dollar home in a gated community, or on a lake or golf course or something? And you drive a Porsche, you said. How is that not entitled?
^SCIIG
^Strawman
^entitled is an attitude that something is owed to you....in other words the life story of Scary Crazy Igy Infatuated Guy (SCIIG)
You didn’t deny it, so you know you’re entitled. Gated community...really?
I don’t live in a gated community.
I can’t imagine you ever amounted to anything other than being a sorry soul.
So a water view then.
^SCIIG
Hey I'm new here. What does SCIIG stand for? Something along the lines of:
Stocks Can Incur Indefinite Gains
Sounds about right to me!
^Scary Crazy Igy Infatuated Guy
No it's not.
OK
... just a half basis point rate cut and it's in the bag.
UsedIT wrote:
So a water view then.
Didn’t deny it, so water view it is for the entitled scared guy.