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Derf
davidrmoran : No need to send billing, it's the amount that caught my attention!
Myth #5 "This borrowing fuels the notion that the government is raiding or even stealing from Social Security and leaving it with nothing but IOUs. But the government has always made full repayment, and the interest increases Social Security's asse…
From the above comments a question comes to mind. When transfering fund(s) does the cost bases go along or does the transfer-er have to keep the bases ? The last time I did a transfer it was totally a cash transfer.
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Thanks for the warning. A few years back I had a med. sig. problem with Grandeur Peaks.
I closed an account where quarterly withdrawals were going to GP. Called to see what had to be done . They sent me some paper work, which I filled out & sen…
Laugh of the day from @Baseball_Fan : This is beyond ridiculous. We need to clear the markets of this garbage similar to a morning constitiutional after eating a $2.00 burrito dinner special the night prior...
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I believe Baseball_Fan forgot one point. Would you & you're well thought out plans be able to withstand a long drawn out Mr. Market collapse of two or three years ? Patience, can & will slowly go away , at least for me . During the 2008-9 ma…
TMSRX The fund posted a one cent lose after Tuesday market drop. Now that leads me to wonder , what are they shorting ? Just guessing , the longs lost about the same as their shorts made ?
Just Wonderi…
@hank : You said, " On a sharp equity selloff, I’d probably cut that back a couple %." With -1 on the short side of equity that should be a positive. Presuming the shorts & longs cancel out .
Just won…
As @Old_Joe said, " Losing this place is going to leave a great void for me, and will be like losing a great number of friends all at once.
Thank you so much for all that you've done here, in the creation and management of the best financial water…
Low-interest policies helped stabilize the economy, but they also set off a multitrillion-dollar run-up in markets, which overwhelmingly benefited the richest 10 percent of Americans.
How is that for a snippet ?
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@catch22 : Thanks for the "good" news.
From the link : One interesting quirk of this change is that it is impossible for anyone to have an RBD in 2021.
Hells Bells I already took mine !!
Took one early last year & it cost me about one grand …
@bee : "The main reason this strategy seems optimal to me is that Social Security has no cash value upon death."
Not so, there is a death benefit but rather quite loooow ! Less than $300. I think it's $255, but wouldn't bet on it.
Second point. …
@Chinfist ; After googling IQDAX found this.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/iqdnxor you may contact Peretz Bronstein, Esq. or his Investor Re…
@hank ; I was wonder if the article,From Randall W. Forsyth - Barron’s April 26, 2021, had anything to say about union pension funds ? My local union has been trying for a number of years to raise the total funded % up. It seems at contract time mo…
I came across an article in Wed. WSJ where companies were paying tree producers not to cut their trees due to carbon credits they could use. Probably adding to cost of lumber.
Derf
@hank : Is it possible that Uncle Wally cut the staff while raising the wages ?! Same thing in local Walmart, self checkout backed up three or four deep while 2 other checkouts going.
@Crash : Glad to hear you got out for a nice meal. Uncomplicated…
@Mark : I had to check that price out . $10.23 with 11% off, that comes to over $11/2X4 stud - Not treated !
I wonder what steel studs are going for ?
Derf
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As long as interest rates stay low, home building will continue, at least in my neck of the woods. It seems that apartment dwellers are buying homes. Young couple I know ask to be left out of their lease 2 or 3 months early as they're making house p…
@hank : PRSIX appears to be holding close to 13.5 % cash at this time. Is this a (normal) % for cash or are they building some dry powder ?
Just wondering , Derf
@catch22 : I assumed & I'm sure you know what that means ! I was thinking due to Mr.Market hitting new highs , older investor were taking 2021RMD's recently. I have a "taxing" question on RMD's , but will start a new thread on that soon.
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