| Political Talk|| re: Michael Moore owns 9 homes - LSU0358 on 7/23/14 at 2:07 pm|
Another do as I say and not as I do liberal. ...
| Money Talk|| Gold and Silver - LSU0358 on 7/22/14 at 6:53 pm|
Did a little buying in gold today. Like the look of gold and silver here, but as I'm trading futures silver is a litte to volatile for me.
For now this is a short term trade and I'd exit in the 1270 to 1280 region....
| Movie/TV Board|| re: Legends of the Fall/Dances with Wolves - LSU0358 on 7/22/14 at 10:57 am|
These two along with Broken Trail, Unforgiven, and Good, bad, and ugly are my favorites in the Western genre.
Out of the two Legends of the Fall gets the nod from me....
| Money Talk|| re: Current housing surge vs. last decade's housing surge - LSU0358 on 7/21/14 at 7:08 am|
Houses are in stronger hands from a financial health stand point. Buyers in the last 5 years have put more down than buyers in early 2000s.
| Money Talk|| re: Business structure: LLC or S-corp? - LSU0358 on 7/19/14 at 9:44 am|
[quote]I work on contract and have two assistants who work under me under contract as well, and we subcontract for two large home health providing agencies in the area. It's become pretty profitable quickly, and is netting about 1500-1900$ a week based on my actual visits and what I keep after I pay...
| Money Talk|| re: Beginning of the End of U.S. Dollar Hegemony - LSU0358 on 7/19/14 at 9:25 am|
[quote]quote: BennyAndTheInkJets Interesting. Definitely sounds like you know your stuff He does...one of the Money Board's best posters, IMO. [/quote]
Agreed, and thanks to him and others for freely sharing. While many of us trade and invest we don't have a banking background so the insight...
| Money Talk|| re: Beginning of the End of U.S. Dollar Hegemony - LSU0358 on 7/19/14 at 8:40 am|
[quote]I'm so happy we've got another poster that actually looks at the DXY and not CPI figures, then claim how much the dollar is in the tank. The world of absolutes must be a scary one. [/quote]
Exactly. People don't realize the value of the USD is relative to other currencies, not just a func...
| Money Talk|| re: Beginning of the End of U.S. Dollar Hegemony - LSU0358 on 7/18/14 at 10:22 am|
[quote] Beginning of the End of U.S. Dollar Hegemony
BRICS flip us the bird.
I'll be laughing my a** off at the BRICS when the USD goes from the current 80 to around 130 to 150 in the next 5 to 8 years. Russia will come apart at the seems with a strong USD and ~$60/bbl crude oil...
| Tiger Rant|| re: Mac Marshall did not sign with the Astros; Will play for Tigers - LSU0358 on 7/18/14 at 9:58 am|
[quote] stealing HS kids college
Dream by luring them into endless bus
You think giving a HS kid $2,000,000 is "ruining" their college dreams? Is this real life?[/quote]
Exactly. The whole point of college is to prepare yourself to earn a living. If you can earn that l...
| Money Talk|| re: I think its time we talk about the next Fed policy tool - LSU0358 on 7/9/14 at 3:53 pm|
Damn, your February write-up points are made almost word for word in the June 17-18 minutes. :bow: to you sir.
"It was generally agreed that an ON RRP facility with an interest rate set below the IOER rate could play a useful supporting role to firm the floor under money market interest rates."...
| Money Talk|| re: Avoiding capital gains taxes when reallocating portfolio - LSU0358 on 7/9/14 at 8:27 am|
Have you held them long enough for them to be considered long term capital gains?
If not consider buying puts to protect yourself on downside. That brings a tax liability on the puts if things go down, but if done properly would be better than the ~20% difference between long and short term capi...
| Money Talk|| re: AAPL: getting close to short territory - LSU0358 on 7/7/14 at 4:27 pm|
[quote]Im so happy I kept averaging down during its drop in 12/13...[/quote]
Excellent move...I didn't think it would make it back above $600 (or 80 after the split). Agree on it being a good shorting opportunity....
| O-T Lounge|| re: Need quick 20 min workouts - LSU0358 on 7/7/14 at 12:27 pm|
Day 1 - 5 x 20 Kettlebell swings
Day 2 - 5x5 military press (with each arm if doing singles). Do a set of pullups between each set of presses.
Day 3 - Turkish Get Ups 1 set of 10, 5 each arm....
| O-T Lounge|| re: Anyone else have that one illiterate, white trash family member on Facebook? - LSU0358 on 7/7/14 at 6:54 am|
[quote]Always misspelling stuff, using wrong punctuation. Always being the only one to comment on their posts that are usually those pictures with inspirational sayings on them. [/quote]
Yep, I've got a cousin or two on block so I won't be affected by the stupid....
| Movie/TV Board|| re: Matthew McConaughey - biggest turnaround story ever? - LSU0358 on 7/5/14 at 12:43 pm|
[quote]Best Actor Emmy in the same year. They need to give it to Woody.[/quote]
Woody got to rub up on some mighty fine arse in True Detective, so MM gets the trophy....
| Money Talk|| re: Big fish in a small pond or wade into deeper waters? TL/DR - LSU0358 on 7/5/14 at 12:37 pm|
"I work for an oil major and was hired to work within their major projects group 5+ years ago."
Are you upstream or downstream? In general the upstream tends to be much more boom or bust and niche markets might be worth below average from an engineer pay in a downturn. Having the broader options...
| Money Talk|| re: Interesting Market Stats from Start of Bull Market in 2009 - LSU0358 on 7/5/14 at 9:56 am|
[quote]GDP didn't drop 50% like the stock market so the "only" statement is a bit misleading. [/quote]
A little, but if I saw that equities have increased 170 to 200% (depending on if you like the S&P or the Dow) and the monetary supply has gone up 400% I'd guess a higher GDP increase than 19%.
| Money Talk|| Interesting Market Stats from Start of Bull Market in 2009 - LSU0358 on 7/5/14 at 9:01 am|
1. The S&P 500 has gone from 667 to 1,986 for a 198% increase. The Dow has gone from 6,469 to 17,074 for a 163% increase.
2. Ten Year Bonds have yielded between 1.4 and 3.98 %.
3. The monetary supply has gone from 800 billion to 4 trillion.
4. US GDP has only gone up 19% from 14.3 to...
| Money Talk|| re: The Money Talk Guide - A List of Major Topics Covered - LSU0358 on 7/2/14 at 9:44 am|
| Soccer Board|| re: La Celeste (Uruguay) vs Los Cafeteros (Colombia) round of 16 - LSU0358 on 6/28/14 at 3:30 pm|
I haven't watched much soccer and even I could tell that was a special goal....
| O-T Lounge|| re: Man Arrested for Gunning Down Cop Who Climbed in Through His Window at 5:30am - LSU0358 on 6/25/14 at 1:29 pm|
Every cop in the assault where the 2 year old was hurt should be fired. The one who threw the flash bang should be charged with attempted murder (upgraded to murder if the child dies)....
| Political Talk|| re: Protecting and Serving - The militarization of the of the police - LSU0358 on 6/25/14 at 10:25 am|
Looking at that study over 2/3's of no knock warrants shouldn't be executed....
| Political Talk|| Protecting and Serving - The militarization of the of the police - LSU0358 on 6/25/14 at 9:39 am|
This is another shining example of why no knock warrants by SWAT teams should require much, much more than a desire to find drugs.
Every single officer involved in the operation should be fired. ...
| Money Talk|| re: Beginner's Tactics for Investing - Young and Self-Employed - LSU0358 on 6/24/14 at 11:35 am|
[quote] As tempting as it is to pay off those loans early, you can never get back the years of missed Roth contributions.
exactly my point originally. [/quote]
This. Max that Roth out, no new cars, houses, etc until the student loans are taken care of....
| Political Talk|| re: Openly Disagreeing with Gay Marriage - LSU0358 on 6/23/14 at 12:23 pm|
[quote]That honestly held view is morally reprehensible[/quote]
Sorry, it's not. If one held the view that supporters/participants of ssm should be persecuted in any way shape or form that would be morally reprehensible.
But not wanting to pat someone on the head and agree with their chosen...
| Political Talk|| re: For WWII buffs... 'The Ritchie Boys' - LSU0358 on 6/22/14 at 1:11 pm|
Thanks for the link Zach. That's an interesting read....
| Political Talk|| re: Army Times: Brig. Gen. Sinclair will retire as a lieutenant colonel - LSU0358 on 6/20/14 at 11:39 am|
[quote]Kind of seemed like he was being railroaded. [/quote]
If the captain in question was under his command he got off light.
If she wasn't, he is indeed being railroaded....
| Money Talk|| re: June 18 Fed Meeting - LSU0358 on 6/20/14 at 8:03 am|
[quote]Edit. One gentleman on here talked about dollar funds. If you're around, could you give me a couple of examples of this please? [/quote]
The two I plan on using in my 401K and IRA are UUP and EUO.
UUP - This is an ETF that is composed of futures contracts and tracks the USD movements ag...
| Tiger Rant|| re: Jalen Mills update??? - LSU0358 on 6/19/14 at 4:04 pm|
[quote]Or he could have done damage by talking to the cops without an attorney. [/quote]
This. Talking to the police will never do you any favors....
| Money Talk|| re: June 18 Fed Meeting - LSU0358 on 6/19/14 at 3:54 pm|
[quote] Federal Reserve is reportedly weighing the idea of adding exit fees to bond funds[/quote]
This will just make things worse when the damn finally breaks....