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So apparently this has something to do with banks having to disclose value of their HTM assets but also at fair value meaning real world what can I get for it today? So when that happens the question of net unrealized loss comes into play vs equity…
@yogibearbull
I seem to recall you mentioning this potential scenario in the past several weeks...
Do you care to prognosticate what the potential knock on effects could be...I think you mentioned there would be a potential negative impact outside…
Does that beauty have the slant six in it? Virtually indestructible motor. Only trouble was the distributor cap was on the side and sometimes you drove through a puddle and ya had to pop it off and spray the WD-40 to take care of the moisture.
…
Liz Warren is a lunatic.
So modern monetary theory has been exposed as lunacy and now you want more wealth redistribution? Gimme a break.
How many times do you want to tax the same dollar?
Lewis. You come across as a highly educated person but I…
Interesting question...I do remember BLNDX falling ~ 5% in a day I believe it was autumn of 21'. Kept thinking, nah, it's too early for a distribution etc...it was real...it stung.
ISTM it all depends on how much you have in that investment and ho…
You might consider TSUMX, Thornburg Summit, balanced fund, has international exposure, focus is on provding total return over rate of inflation, younger folks runnng the fund, doesn't seem like they would retire anytime soon, no key person risk....i…
Ya too bad that the facts are that under Biden real wages have shrunk every month he has been in office and due to his Covid stimulus give aways...shrunk the working population and created more inflation. Look at your heating bill lately? Look at …
I've been stepping into TAVFX, Third Ave Value fund and MOWNX, Moerus Worldwide funds...they own stocks of companies that deal in real assets...I'm thinking this is going to the wire meaning the debt limit and could get very wonky...US$ would go dow…
Nearly as much of a bullshit alleged asset such as private credit which is marked to fantasy land, nevermind the risks this quote investment end quote poses to so many pensions...
@sma3, could not agree with you more! You have articulated what I have failed to state in the past. I would say that many of these states are depending/banking on a left leaning federal bailout...what happens if that is not so? Who knows but maybe …
"He who panics first, panics best" as well..."There's no shame in getting off with the women and the children..."
Example real world scenarios..."Ftx is fine ...". How about housing collapse...Bernake.."This is contained to the housing market...". …
Calm, I'm looking at Morningstar info 3 years thru dec 22...data shows hsgfx outperforming prwcx...noting that if you look at hussy just stonk portion of hsgfx since 2000 he outperforms spy by something like 400 bps year average....
Not a hussy fan…
@JD_co. Interesting you state that....all the bearishness out there making me bullish.... I was just telling my wife exactly that a few days ago...one thing I'm certain of though is that I have no idea what will happen. Only guesses.
@fd1000. Totally understand your perspective regarding experts. What's your perspective if I stated hussy hsgfx has outperformed fan favorite prwcx groovy guireaux over the past 3 plus years?
My point being the experts you referenced had no way o…
"Where are the customers' yachts"
I seem to recall Mr Miller was touting that Amazon was 50% of his investible net worth and he as big on Bitcoin as well several months ago....but I don't think he is wondering how he is going to afford groceries ne…
Consequences of Biden and his administrations blunders will be felt for years in this country. Lifetime grifter who should be on the golf course. It's embarrassing to see him read the teleprompter.
Crazy news regarding the Twitter files. Governm…
What recent behavior are you referring to? The exposure of the grotesque censorship at Twitter that existed prior? The suppression of free speech? Working in cahoots with the government to influence the public narrative?
So what's your guys point here, that because the company is profitable they have to potentially pay more to employees regardless of associate work performance? Last I checked nyt stock down by a third over the past year or so... doesn't mgmt have a…
Bankman-Fried funneled an estimated $262,200 to Republicans throughout the 2021-2022 election cycle, according to Federal Election Commission records. But those contributions to Republicans paled in comparison to the nearly $40 million he contribute…
Any predictions what happens going forward? Knock on effects spill over into stock market? Other Bitcoin firms also crooked and or go under? Other ftx colleagues arrested? Other black swan disclosures related to bankman fried or parents?
Who kn…
Curious as to with how many institutions folks have their investments with? Quick count, I'm with six maybe eight.. my sister who has substantial assets has narrowed down to two or three.
Is this really a risk question, simplify as you get older…
Nah old Joe. Do respect your comments but disagree. I've read many many left comments on the financial boards here I feel you are calling me out because of my views are not in alignment with a far left political perspective.
Respectfully submit…
The whole thing stinks miles to Sunday...how come none of his colleagues have been arrested yet? Who is Ellison, Wang, Singh, etc...are we supposed to beleive they aren't complicit?
Why is there not more noise about him influencing mid term electio…
There is dirty like going into Target and stealing Laundry Detergent and there is another level of dirty like messing with little kids, stealing from old folks, putting things in peoples food and now this, messing with folks blood tests when she cle…
Good Morning Dennis,
Illinois.
I heard back from VELA, Lisa Wesolek, Pres/COO after I sent them an inquiry...they are looking into why the block at Schwab..
Thank you and Best Regards,
Baseball Fan
Thank you YBB...I'm just the other side of 59.5..so that is that.
But still, say you have a SPIA, 5 year term. After 5 years, you can pull the money out and put it into a money market somewhere else if you wish, you are not tied to that company fo…
Gents - I was dabbling in CCOR a while back and then sold...interday it was all over the place...it was somewhat unpredicatable as to how the fund would perform vs markets any day.
What made me (overly cautious, nervouse nelly investor) give pause,…
Good Morning - any thoughts why you would (assuming you still could, they don't seem to be available any longer)...but comparing brokered 5 yr CD vs a SPIA annuity fixed term 5 year from A++ rated NY Life...4.9%APY
brokered CD is FDIC insured, can'…
Question pertaining to Brokered CDs.
It appears to me that when you open a CD at a bank, say 5 year CD, you can choose to receive interest payments periodically, or example monthly or bi annualy depending on the terms of the CD. So you could "pull…