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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
It's an economy, so of course it's just a shell game. Like so many things. Who pays what, and which parts?
So yours is an arg for single-payer? That's your conclusion?
>> Assuming that virtually all people get the health care they need,
uh…
WWII buffs may find this interesting, and there are other partial demurs elsewhere:
https://inews.co.uk/essentials/culture/film/dunkirk-wrong-historian-james-holland/
Oh, sure, conversions. I thought backdoor meant something fancier. Thanks. Yes, conversions have always been a way, and did get better than at the outset. Shoulda thought of that. See end for worse.
@Hank, I am baffled that you keep agreeing and ye…
These guys are New Yorker wannabes; real New Yorkers would eat them for lunch and breakfast, and do. And there is not a Michael or Vito (or Connie) among them; they are all Sonnys and Fredos.
Jeez, did I not say long ago it depends on how you define 'the wealthy'? Your wording, right?
Look at the income percentiles, for heaven's sake, before going back and forth about this, okay? Did you do that?
Everyone I have known ever since Roth…
msf,
Forgive me, what is that way?
Hank's post seems only to make my point. And is confused to boot --- who said anything about 185k joint income being lowly anywhere? My point. What am I missing?
Yeah, generational transfers help everything. No…
@Hank
>> Actually, the Roth (not subject to RMD) is a tax boondoggle for the wealthiest among us
No it's not, in fact, depending of course on how you define 'wealthiest':
http://www.schwab.com/public/schwab/investing/retirement_and_planning…
>> the IRS lets you move your investments in kind from your IRA to your taxable account.
But this is the same taxable event as in-IRA selling and receiving the RMD cash directly, right?
I was a prep English teacher those years and it was really something to be able to wind up classes on Dickens or Vonnegut and watch the riveting hearings on CCTV for a while, really something.
Also had two consecutive gov fellowships in WDC Aug '7…
Right, I made a complete hash (worse than that, actually) of trying to depict the route to get from working 30s to 60s retirement prep so as to result in high-multiple cashflow cash.
So equity investing is what one does after and only after having set aside 5x annual cashflow. Therefore for only the wealthy. My children, among a great many others, would never equity-invest, or not till their 50s.
Sketchy advice, to say the lea…
Forced to tender, you mean. So same as Bharara.
https://www.usatoday.com/story/news/politics/2017/07/07/fired-federal-prosecutors-share-secret-resignation-letters/459134001/
'Swamp'??
I'm not bothered at all by the pitch at the end. Pretty mild. Not a worse ad than so much other. Interesting article. Choice 6, or maybe it's choice 5 modified, is to consider going with the algorithm of CAPE the etn.
No one mentioned 90/10 till you did, right? I was just riffing off the needing-3y-cash thing. Where 10% cash would cover 3y. While you waited sleeplessly for your 90% to at least recover.
5y of cashflow in cash would mean a lot of people would never be equity-invested at all, in anything. Has anyone ever advised 'don't invest in the equity markets except with more than 5y of your living expenses'? Maybe they have and I have missed it…
>> I figure every day has a 50/50 chance of going up, or going down.
?
And then you go on to say that actually this is not how you 'figure'. I mean, none of us does.
In its opening position in that famous movie sentence (not from the novel, quite), it does not function as an adverb in our usual understanding ('I frankly don't give a damn') but something more emphatic and rhetorical. Fortunately, since the novel …
It's all because of the outperformance of PRBLX. (NOT higher ER, btw, really.)
But these kinds of things have been around for decades. A former neighbor / fellow coach of mine was head at Calvert, back when, IIRC. Not a performer, it turned out. At…
It is the way of his tweeted support and his snark, his wording (brief) and what it seems to convey and what is behind it, that seems something other than and beyond expedience. That's all.
Clintons' policy history even in its variety and evolutio…
fare
>> pursuit of raw power
Sure re the 'prez'*. Mooch seems different, having reasons and reasoning. Not saying it makes a real difference ultimately, necessarily, not saying we can use the word thoughtful, but he is not mini-DT no matter …
He had judgment and values once upon a time too:
http://www.thedailybeast.com/new-trump-hire-anthony-scaramucci-deletes-old-tweets-bashing-trump
There's more than this too, turns out.
here in Central Ohio the building boom is going full speed. Builders cannot put up new single-family, apartment, and condo homes fast enough. Even the massive apartment complexes are mostly leased before they open. We are having bidding wars over e…
Oh yeah, not a good call on my part 5y ago, it turned out. Ain't hindsight wonderful?
It did not occur to me likely that the Jameses in Ohio and McGregor at Oakmark would quite flatten, if not slump, as they did. I guess I would stand by my "autom…
@msf
>> if you are looking for a large cap value fund, what do you feel is a better one than DODGX?
Huh? Gosh, the three I moved to long ago from DODGX (before placing everything LCV in DSEEX): PRBLX. YACKX, and TWEIX.
D&C have roared…
