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How can CGDV be called Large Value when they hold stocks like say MSFT, AAPL, META which in aggregate both of them having price/free cash flow in the high 20's/30's or something like that? Does that scream value to you?
Maybe still a really good…
Bank stocks like Citi and Bank of America have done terrible the past few years. Jamie and Jeff as in bezos selling stocks in their companies...why?? Not a good sign when banks struggle....
Cramer is a clown. Watching his comedy show is painful…
Best lesson I learned during an executive education marketing program at university of Chicago....guy who worked for a pet food company in Brazil said about stupid advertising.....quote. If it didn't produce the results they wanted and weren't effe…
Bought starter position in CBUDX crossing bridge ultra low duration, buying more one and two year bills/notes, adding to PHYS and nibbling additional MRFOX
Be very careful out there when soliciting quotes.. I once asked an Allstate rep for a quote. Came in $300-400 less than State farm. Put it under the microscope. Asked why they left off uninsured motorist or something....oh we don't offer that in…
Definitely need to look at the financial strength of the insurance company you go with....what is also whacked is that the insurance business is something like your cable company...the newer customers get the best deals (or so it seems?) You'd have…
Don't get me started on car insurance. I've been told that the majority of the cost is liability and that bumping up the collision deductible really doesn't save y'all that much monies. I then ask so okay, liability. I have four automobiles and o…
I'm thinking real hard about the opaque knock on effects going forward. Not only from an investment standpoint but also from a societal view. Example. Starting to see reports that in several states over 20% of drivers do not have car insurance. Vi…
@hank. Went for a stroll after work and before dinner a few nights ago. Sun just set. Saw a line of intermittent lights in the night sky. A beautiful sight I was mesmerized and just looked at it. Didn't even consider taking a pix as I wasn't sur…
One of the greatest cowboy Western flicks ever is High Noon. Symbolism is next level. Very relevant in today's time. Fighting against tyranny. Speaking up with no regard or fear of being blacklisted. Not just following along with the crowd like so…
Sincere props and congrats to you @FD1000, glad to see someone doing well in the markets, they are challenging and tricky for sure....
What makes me go hmm, when I read your posts is why does a guy who is comfortably retired make huge moves in and …
uh, does the phrase "confidently wrong"come to mind? Hey, some say CNBC is the biggest comedy show on TV these days...dunno....
sure makes for good entertainment though...and nice luncheons at fancy dinner clubs in NYC....
Oy Vey.
I dunno gents...I think the folks in the market buying a home for $500-775K are making more than you might think at least that's the younger bucks I work with...so the home might cost them 2-2.5x annual salary....they have the mind set date the rate…
I'll answer the question in a different manner...most I would ever put in one stock (such as ACGL?) would be 6 to 12 months of salary if still working or if I wasn't, 6 to 12months of my best year while I was....depending on my portfolio size.
It'…
Stepped in with an intial 6 figure starter position in CBLDX, bought heavy 2 year T note, buying heavy 1 year Tbill, added smaller amounts to PVCMX and ramping up buys of PHYS.
Have to say, I learned a great deal and enjoyed listening to David Sher…
Knock it off larryB...you are the guy who initiatied and brought the political snark into the other thread and others piled on and somehow folks were surprised that some/many disagree with your views and position and pushed back with similar snark.
…
Starting to think when and at what point do folks throw in the towel and say no mas? Boomers have most of the shekels...why fart around when you can lock in 5% plus for the next year or two or three ..markets way overvalued, especially you look at …
Well, it's like Grandpa said to Charlie in Willie Wonka..."sign away Charlie Boy, what have we got to lose?..."
I always thought you got something to say? Say it and who cares how it comes across etc...you got a right to express yourself....I can …
Not sure how to interpret your son's reply d moran...Curious if your son believes this is a growth story due to its brand strength and huge cash reserve which can buy new tech start ups or invent a new space, growth in stock price due to it being a …
All valid points.... when I posted I was looking for how some would allocate their investments, how cautious they would be right now, would they hedge, looking for some creative ideas...the expensive watches was interesting and the stock of a Japane…
@hank, ya truth re hussy. Still wonder if we didn't have all the fiscal and monetary policies in effect over the past 15 years, hussman would be the modern day peter Lynch. He might still be but as I think you stated, we should all hope to liv…
5.5% 2 year cd jp Morgan chase today at fidelity, stepped in and conducted some commerce at lunchtime
Like the idea of watches. Get outside of financial system.... you've heard me pine about high grade rubies a few years ago
Don't read hussy co…
Maybe off topic not sure.... been reading a book from babson's notes from 1921.... paraphrasing.... aren't muni bonds the ultimate ESG investment? Babson noted isn't investing in munis that help build schools, sewers, hospitals doing real good for …
How far out are you going in duration wth your tbills @Sven if I may inquire? Curious as to whether we will regret NOT going out to 5, 10 years with t notes, looking backwards in later 2024? Just a few years ago, getting 4%+ over 5 years was fairl…
@FD1000,
Your GE, Lucent experience resonates with me...I was a young buck in 87' when the schmeissing occured in the markets...the 50-something year old engineers were walking around shell shocked in the office with that far away gaze....looking b…
@old Joe
Uh, actually, I'm a moderate neither far right nor left...it's just that the socialists are attempting to take over this country....and I resent that so I guess I get labelled far right....good grief, I hope you're not insinuating that any…
If Krugman is writing about it, hold onto your wallet
Amazing how these clowns in cahoots with this Bolshevik Biden government can float these concepts thru the warped and bought mediabin an attempt to brain wash the sheeples
Always moving the goa…
...hmmm...
I've found that for the funds that I have invested directly vs a brokerage...I tend to have higher returns as psychologically it is not as easy as clicking a few buttons to sell, trade out in etc etc....but maybe the real reason here is …