| O-T Lounge|| re: US Marines confront 'fake sergeant major' at funeral - Ole War Skule on 7/23/14 at 11:59 am|
the marines have a bright future in law enforcement...
| O-T Lounge|| re: public bus question: Are these buses treated like school buses? - Ole War Skule on 7/23/14 at 7:54 am|
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...
| Money Talk|| re: Mortgage Advice - What Am I Missing? - Ole War Skule on 7/23/14 at 5:17 am|
[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.
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.....
| O-T Lounge|| re: UL Lafayette bomb threat was a diversion for failed bank robbery - Ole War Skule on 7/22/14 at 8:22 pm|
THERE IS TO IT.
A LIEUTENANT NOW....
| O-T Lounge|| re: What's the best app to track running and cycling stats? - Ole War Skule on 7/21/14 at 6:45 pm|
been using it for years...great app...
| O-T Lounge|| re: Things the average American doesn't know about Louisiana - Ole War Skule on 7/21/14 at 5:50 am|
[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...
| Political Talk|| re: It has begun - Ole War Skule on 7/17/14 at 4:18 pm|
[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.
| Money Talk|| re: Yellen's comments on price levels of specific market sectors - Ole War Skule on 7/17/14 at 9:13 am|
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...
| Money Talk|| re: Yellen's comments on price levels of specific market sectors - Ole War Skule on 7/17/14 at 6:29 am|
[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...
| Tiger Rant|| re: Your thoughts on CLM press conference? - Ole War Skule on 7/17/14 at 6:15 am|
never mind, wasn't complete...has most of it ...
| Political Talk|| re: Do you believe that a government office commands respect? - Ole War Skule on 7/16/14 at 8:07 pm|
[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...
| Money Talk|| re: Capitalist and ethics question - Ole War Skule on 7/14/14 at 9:14 am|
[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 ...
| O-T Lounge|| re: Northshore OTers, thoughts on Christ Episcopal School - Ole War Skule on 7/12/14 at 3:27 pm|
Great school. I would say best on north shore by a long way. ...
| Political Talk|| re: Study: States that raised minimum wage had stronger job growth - Ole War Skule on 7/10/14 at 6:50 pm|
are you, and they, really so simple as not to understand that states raising minimum wage are already growing?
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...
| Money Talk|| re: Anyone see this story about CYNK? - Ole War Skule on 7/10/14 at 6:46 pm|
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:
| Money Talk|| re: Boat Loan - Ole War Skule on 7/9/14 at 4:35 pm|
[quote]govt repaid boat loans?
Did I say anything about gov't repaid boat loans?...
| Money Talk|| re: Avoiding capital gains taxes when reallocating portfolio - Ole War Skule on 7/9/14 at 10:16 am|
[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...
| Money Talk|| re: Avoiding capital gains taxes when reallocating portfolio - Ole War Skule on 7/9/14 at 9:39 am|
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...
| Money Talk|| Avoiding capital gains taxes when reallocating portfolio - Ole War Skule on 7/9/14 at 7:53 am|
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.
| Political Talk|| re: Who or which country is America's biggest enemy or threat ? - Ole War Skule on 7/8/14 at 7:45 pm|
[quote]quote: Economically: China Ehh, not as much as many think. [/quote]
ETA..As China grows in economic power and begins to flex geopolitical muscle, Europe, including Russi...
| Money Talk|| re: Boat Loan - Ole War Skule on 7/8/14 at 11:33 am|
[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...
| Money Talk|| re: How to invest $25K safely for 6 months but still get good return? - Ole War Skule on 7/7/14 at 7:54 pm|
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. ...
| Money Talk|| re: Boat Loan - Ole War Skule on 7/7/14 at 8:04 am|
[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
especially considering there is a credit card balance that c...
| O-T Lounge|| re: It's time to get rid of Tipping - Ole War Skule on 7/2/14 at 9:51 pm|
Big tippers have low self esteem. ...
| Money Talk|| re: Best Guess When it's time to Pull out the Market? - Ole War Skule on 7/2/14 at 10:28 am|
[quote]What time period are you looking at?
The chart on your link seems to be Oct 2013 - Jun 10, 2014...
| Money Talk|| re: Best Guess When it's time to Pull out the Market? - Ole War Skule on 7/2/14 at 9:43 am|
[quote]Brief overview. If you have a charting program you can compare the intraday highs to the smart money flow index.
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...
| Money Talk|| re: Best Guess When it's time to Pull out the Market? - Ole War Skule on 7/2/14 at 7:34 am|
[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.
I'm not familiar with this metric and can't find a good summary and current chart. Do yo...
| Money Talk|| re: Best Guess When it's time to Pull out the Market? - Ole War Skule on 7/2/14 at 7:12 am|
[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?
I don't disagree with you, I'm making the case for buy and hold for discussion purposes, not advocating it...
| Money Talk|| re: Best Guess When it's time to Pull out the Market? - Ole War Skule on 7/2/14 at 6:43 am|
[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...
| Money Talk|| re: Best Guess When it's time to Pull out the Market? - Ole War Skule on 7/2/14 at 6:38 am|
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!