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O-T Lounge
re: US Marines confront 'fake sergeant major' at funeral - Ole War Skule
the marines have a bright future in law enforcement...


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O-T Lounge
re: public bus question: Are these buses treated like school buses? - Ole War Skule
this is the way little people stick it to the man....same as the morons in parking lots who walk across a cars path without looking...


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Money Talk
re: Mortgage Advice - What Am I Missing? - Ole War Skule
[quote]You talking dinner and drinks? You really think someone would funnel business because of dinner and drinks from time to time? That's laughable. [/quote] of course they would...why do you think there is such a thing as expense accounts or maybe you were being sarcastic and I missed it.....


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O-T Lounge
re: UL Lafayette bomb threat was a diversion for failed bank robbery - Ole War Skule
THAT'S TOP-FLIGHT POLICE WORK. THAT'S ALL THERE IS TO IT. FELLA'S PROBABLY A LIEUTENANT NOW....


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O-T Lounge
re: What's the best app to track running and cycling stats? - Ole War Skule
[link=(https://itunes.apple.com/us/app/cyclemeter-gps-cycling-running/id330595774?mt=8&ign-mpt=uo%3D4)]cyclemeter[/link] been using it for years...great app...


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O-T Lounge
re: Things the average American doesn't know about Louisiana - Ole War Skule
[quote]I am of Creole descent, my great-great-great-grandfather (not sure how many "greats", but you get the idea) was a General in Napoleon's army and was sent to govern the French colony of Saint-Domingue, the island that now emcompasses Haiti and the Dominican Republic. When the slave rebellion h...


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Political Talk
re: It has begun - Ole War Skule
[quote]right or wrong they are there. its done. if youre so passionate about illegal occupation then maybe we should return the US to the native americans. [/quote] . :rotflmao: no kidding......


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Money Talk
re: Yellen's comments on price levels of specific market sectors - Ole War Skule
Recognizing that their policies have possibly lead to overpriced assets is probably a positive development, but specifically calling out stock sectors, effectively specific stocks, is a terrible move. All she had to say was that she recognized that their free money policies could lead to overpr...


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Money Talk
re: Yellen's comments on price levels of specific market sectors - Ole War Skule
[quote] is it intrusion in to the market place where the Fed doesn't belong? [/quote] YES, and WAY out of line. It is NOT the place of the Fed to determine fair asset prices, but to manage the money supply. What's next, will they set a 'fair' P/E for stocks as one of their targets? Step 1 was...


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Tiger Rant
re: Your thoughts on CLM press conference? - Ole War Skule
[link=(http://www.youtube.com/watch?v=RWq6DGRcr-4)]Les[/link] never mind, wasn't complete...has most of it ...


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Political Talk
re: Do you believe that a government office commands respect? - Ole War Skule
[quote]A common saying is 'Don't respect the man but you need to respect the office.' Why? If government is a necessary evil why should I hold any government position in high regard?[/quote] No office deserves respect. Only individuals who have earned respect deserve it. The fairy tale of offic...


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Money Talk
re: Capitalist and ethics question - Ole War Skule
[quote]One caveat being that price gouging during a crisis (like a Hurricane) is pretty low.[/quote] 'price gouging' is what makes products and services available in times of crisis. Without the added price premium, sellers would not be willing to go the extreme lengths necessary to provide the ...


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O-T Lounge
re: Northshore OTers, thoughts on Christ Episcopal School - Ole War Skule
Great school. I would say best on north shore by a long way. ...


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Political Talk
re: Study: States that raised minimum wage had stronger job growth - Ole War Skule
are you, and they, really so simple as not to understand that states raising minimum wage are already growing? rooster crows sun rises rooster causes sun to rise [quote]The average change in payrolls in the 13 states that increased their minimum wages was 0.99% vs. 0.68% in the other state...


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Money Talk
re: Anyone see this story about CYNK? - Ole War Skule
comical as hell....talking heads at CNBC were going ballistic over it around lunch today...as if the 'real' market is absent of this sort of manipulation :lol: ...


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Money Talk
re: Boat Loan - Ole War Skule
[quote]govt repaid boat loans? [/quote] Did I say anything about gov't repaid boat loans?...


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Money Talk
re: Avoiding capital gains taxes when reallocating portfolio - Ole War Skule
[quote] a portfolio's true value is something less than the bottom line on the quarterly statement.[/quote] so true, but hard to remember...and that value can change from year to year based on changes in tax policy or one's income [quote]I've never heard of a like kind exchange for a stock por...


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Money Talk
re: Avoiding capital gains taxes when reallocating portfolio - Ole War Skule
thanks for the replies and ideas... * charitable: Nope, too much * sell highest cost positions: Nope, want to liquidate entire positions * don't let taxes influence plan: I know that's conventional wisdom, but I don't fully agree. Selling an investment effectively means taking a 24% hit immedia...


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Money Talk
Avoiding capital gains taxes when reallocating portfolio - Ole War Skule
I have big gains in all of my taxable portfolio positions. I want to move from some high/moderate risk investments to lower risk ones, but will get hammered by taxes if I sell. [link=(http://www.forbes.com/sites/davidmarotta/2014/06/01/fourteen-ways-to-avoid-paying-capital-gains/)]Forbes article...


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Political Talk
re: Who or which country is America's biggest enemy or threat ? - Ole War Skule
[quote]quote: Economically: China Ehh, not as much as many think. [/quote] [link=(http://www.economist.com/blogs/graphicdetail/2014/05/chinese-and-american-gdp-forecasts)]Oh really?[/link] ETA..As China grows in economic power and begins to flex geopolitical muscle, Europe, including Russi...


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Money Talk
re: Boat Loan - Ole War Skule
[quote]I don't see the big fuss with everyone advising against a boat,[/quote] because our economy crashed 5 years ago due primarily to irresponsible borrowing...many of the folks who couldn't repay their loans went whining to the gov't to get them out of trouble... ETA: No offense to OP. I'm...


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Money Talk
re: How to invest $25K safely for 6 months but still get good return? - Ole War Skule
Can't be done. Bank CDs pay 1% or so. Anything more is going to have some risk of principal loss. There's no free lunch or reward without risk. ...


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Money Talk
re: Boat Loan - Ole War Skule
[quote]Taking a loan out for a 12 year old boat doesn't make much sense to me. If you need a loan to pay for a luxury, non-essential item, it better be a little more reliable and new. How do you plan to pay for all the repairs [/quote] especially considering there is a credit card balance that c...


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O-T Lounge
re: It's time to get rid of Tipping - Ole War Skule
Big tippers have low self esteem. ...


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Money Talk
re: Best Guess When it's time to Pull out the Market? - Ole War Skule
[quote]What time period are you looking at? [/quote] The chart on your link seems to be Oct 2013 - Jun 10, 2014...


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Money Talk
re: Best Guess When it's time to Pull out the Market? - Ole War Skule
[quote]Brief overview. If you have a charting program you can compare the intraday highs to the smart money flow index. [/quote] thanks for the link. I understand the concept, but don't see the divergence in that graph mentioned by you earlier. I'm just eyeballing the 2 graphs, but the seem p...


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Money Talk
re: Best Guess When it's time to Pull out the Market? - Ole War Skule
[quote]When the market is consistently making new highs that aren't supported by the smart money index later in the day. This has started to happen. This chart is eerily accurate on a macro level. [/quote] I'm not familiar with this metric and can't find a good summary and current chart. Do yo...


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Money Talk
re: Best Guess When it's time to Pull out the Market? - Ole War Skule
[quote]Realistically, who cares if it goes up 15% and within two years drops 40%. If you can smell a correction in the wind isn't it more profitable to go to cash and wait it out? [/quote] I don't disagree with you, I'm making the case for buy and hold for discussion purposes, not advocating it...


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Money Talk
re: Best Guess When it's time to Pull out the Market? - Ole War Skule
[quote]While this is a nice stat, I think it's a little deceiving. I started a thread here not long ago showing that if you used a very simple benchmark like the 50 week MA to time the market over the last 50 or so years, you would have handily outgained the hold through thick and thin strategy. Not...


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Money Talk
re: Best Guess When it's time to Pull out the Market? - Ole War Skule
damn you :lol: between the shiller p/e, your reminder of the market cap/gdp and [link=(http://www.businessinsider.com/february-nyse-margin-debt-2014-3)]margin debt levels at all time high[/link] I'm ready to sell everything! [img]http://advisorperspectives.com/dshort/charts/markets/NYSE-mar...


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