Search found 55 matches

by moneyhoney
Thu May 22, 2008 3:26 pm
Forum: Investing - Theory, News & General
Topic: Time to Up the Umbrella Insurance Policy?
Replies: 52
Views: 11100

.

The law profession's positive impact on society peaked a long time ago (I would say the early 60's). Since that time it has become a drain on the economic,political and moral fiber of this country, like a pervasive weed choking off all that it entwines with. Its negative impact on the daily lives of...
by moneyhoney
Mon May 19, 2008 3:22 pm
Forum: Investing - Theory, News & General
Topic: Is there any smart money?
Replies: 17
Views: 3490

If Wall Street could buy alpha they'd just trade for their own account, instead of trying to skim fees to make a living. Why not do both? Why would one want to, outside of a play money account. Keeping serious money tied up in something (stocks) that is related your job (selling them, managing them...
by moneyhoney
Thu May 15, 2008 2:42 pm
Forum: Investing - Theory, News & General
Topic: Another article on understated CPI
Replies: 36
Views: 5534

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ust so everyone knows, the drill that I purchased [B&D] at the same price 40 years later is BETTER QUALITY. I'm a graduate engineer with 40 years experience, it is better quality. I'm sorry if this is inconvenient for some people. Also in the last few years, I have replaced the dishwasher, refriger...
by moneyhoney
Wed May 14, 2008 3:29 pm
Forum: Investing - Theory, News & General
Topic: Another article on understated CPI
Replies: 36
Views: 5534

Fast food ...

Very true. While food prices have come up considerably recently on certain items, fast food is just where it was 10 years ago. Actually I you take into account the super-sized portions of everything they sell, fast food is probably cheaper that it was 10 years ago. Makes you wonder how they do it, ...
by moneyhoney
Sun Apr 13, 2008 10:40 pm
Forum: Investing - Theory, News & General
Topic: What is the Diehards' view of the economic stimulus check?
Replies: 44
Views: 9044

anti government

My families check will be going into my IRA to prepare for the day when this "loan" comes due with interest. I reject the idea of spending simply for the sake of spending. Since money is fungible, why is this "windfall" any different from any other funds one has? Why not start a campaign asking scho...
by moneyhoney
Tue Apr 08, 2008 9:42 am
Forum: Personal Finance (Not Investing)
Topic: best IMAP provider for very large email file?
Replies: 17
Views: 4453

Have you considered something a file transfer service such as yousendit.com? They offer a file limit of 100mb, and 1GB per month free. For a reasonable monthly fee, you can up the file size to 2 gb. I've used the free account, and it works as advertised.
by moneyhoney
Thu Apr 03, 2008 12:54 am
Forum: Investing - Theory, News & General
Topic: Senators Agree on Draft Housing Rescue Bill
Replies: 31
Views: 6334

After reading the article, I would say it could have been a lot worse.
Banking Committee Chairman Christopher Dodd, D-Conn., was also forced to leave out of the bill a plan to have the Federal Housing Administration guarantee perhaps $400 billion worth of refinanced loans if lenders reduce l
by moneyhoney
Sun Mar 30, 2008 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: AT&T CEO says hard to find skilled U.S. workers
Replies: 79
Views: 15424

If an organization performs poorly, the leadership is the problem whether it's the military, the government, or industry. That's why the leaders get the big bucks. The leaders get the big bucks regardless of how the organization performs. And history has shown that even the bad ones wind up somewhe...
by moneyhoney
Sun Mar 30, 2008 2:10 am
Forum: Personal Finance (Not Investing)
Topic: "you" in six words - feeling creative?
Replies: 54
Views: 12963

Back,back,back,back,back,...perfect.
by moneyhoney
Fri Mar 28, 2008 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: AT&T CEO says hard to find skilled U.S. workers
Replies: 79
Views: 15424

.

What is our unemployment rate, 4%? What do you think would happen if it became 30%? It was 30% during the Great Depression. It woudn't take 30% IMO, try 10%, as this country has become used to relaltively low unemployment. At 10%( which would imply upwards of 20% or more in some locales ), there wo...
by moneyhoney
Mon Mar 24, 2008 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: bankruptcy vs. health insurance (and bankruptcy)
Replies: 18
Views: 3950

This discussion is kind of pointless

As many have pointed out, it just makes sense to get the coverage. You as a father are leaving a huge liablility hanging over YOUR head, unless you really are prepared to let your daughter go it alone in the event of a medical catastrophy. You do not know what will happen tomorrow, next week, or nex...
by moneyhoney
Mon Mar 24, 2008 10:45 am
Forum: Personal Finance (Not Investing)
Topic: bankruptcy vs. health insurance (and bankruptcy)
Replies: 18
Views: 3950

Something to consider

If the company is reputable, you should by the insurance. Let's say for example, god forbid, your daughter requires an organ transplant. There is no requirement that hospital has to perform the operation. Undoubtedly this applies to other non-emergency treatments as well. Get the insurance. http://i...
by moneyhoney
Wed Mar 19, 2008 9:38 am
Forum: Investing - Theory, News & General
Topic: Gartman this morning on Bill Gross
Replies: 3
Views: 1734

Yea sure

What a wonderful idea, many citizens in this country who already can't afford the median home priced home would be even further priced out of the market. With this plan they can enjoy the prospect of renting forever from absentee foreigner landlords, who's only claim to "citizenship" is they bought ...
by moneyhoney
Mon Mar 17, 2008 6:36 pm
Forum: Personal Investments
Topic: The danger of holding company stock
Replies: 21
Views: 6467

hard times unless your one of the exhalted

Maybe they could ask the ex-ceo ( Cayne ) for a loan to tide them over, I read he walked away with something like half a billion in compensation for his heroic efforts to save the company from staying solvent. Used to be this sort of thing was what one would expect from a banana republic, now it's j...
by moneyhoney
Sun Mar 16, 2008 7:14 pm
Forum: Investing - Theory, News & General
Topic: Wow, Bear Stearns goes for only $2 per share, and in stock
Replies: 64
Views: 13726

Does a bear sh*t in the woods?..

..cause one sure did it on the street.

Just another reason I'm so glad to be done with individual stocks.
by moneyhoney
Wed Mar 12, 2008 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest purchase ever?
Replies: 43
Views: 9265

Several on my list

My #1, was a boatload of QQQ's in November 2000, courtesy of a Bob Brinker timing call ( thanks Bob ), and my own dumb ignorance in following it. #2 was a boat ( new ), which someone else got a great deal on second hand. Never buy a boat used, there are just too many good used boats out there. #3 wa...
by moneyhoney
Mon Mar 10, 2008 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: What goes around, comes around.
Replies: 24
Views: 4706

Do as I say..

Mr. Spitzer gained national attention when he served as attorney general with his relentless pursuit of Wall Street wrongdoing. As attorney general, he also had prosecuted at least two prostitution rings as head of the state’s organized crime task force. In one such case in 2004, Mr. Spitzer spoke ...
by moneyhoney
Mon Mar 10, 2008 2:56 pm
Forum: Investing - Theory, News & General
Topic: Did Market Timer Bob Brinker Make the Correct Call?
Replies: 27
Views: 11562

thoughts from an ex-Brinkerite

Back in the late 90's and into 2000, I followed Brinker religiously, he could do no wrong in my book. I was one of the unfortunates who received his infamous QQQ missive which he undoubted wished he had never made. I was guite angry with him for sometime, but I moved on. I came to the realization, t...
by moneyhoney
Fri Mar 07, 2008 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Outlook is grim for retirees' health care costs
Replies: 23
Views: 5454

best health insurance policy available...

..is you and your behavior. Take care of your body and mind, and your odds of not requiring expensive medical services will go up dramaticly. If you your in poor health due to bad genetics, bad luck, or abuse of your body ( though poor diet,lack of exercise,etc. ), then maybe you need to have an exp...
by moneyhoney
Sat Mar 01, 2008 3:46 pm
Forum: Investing - Theory, News & General
Topic: There Will Be Blood
Replies: 58
Views: 12223

No blood here

I'm roughly 35% stocks, 45% bonds, and the rest cash in a well diversified portfolio and am down about 2% from last years highs as of today. Maybe I 'm overly conservative for my age, but the sleep factor makes up for it.


MH
by moneyhoney
Fri Feb 15, 2008 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Lotto Tickets
Replies: 66
Views: 16135

Not stupid at all

i don't play ( ok rarely ), and I don't see playing as a problem, unless it impacts your life negatively ( your definition here ). For some people, it's that one glimmer of hope for achieving what they see as the brass ring in life. It certainly isn't any more harmful than booze, cigarettes,etc. , u...
by moneyhoney
Fri Jan 25, 2008 10:13 am
Forum: Investing - Theory, News & General
Topic: What will you do with YOUR welfare check?
Replies: 55
Views: 11734

I'm confused...

If the point is to prime the economy, then whether one paid taxes shouldn't matter in least as to whether or not one gets a "rebate"check. As has been pointed out ad nauseum, the poorest among us will spend whatever comes into their hands. I'd say the whole point of this exercise is to buy votes for...
by moneyhoney
Sun Dec 02, 2007 12:11 pm
Forum: Personal Investments
Topic: Sell Townhome or Rent it out
Replies: 32
Views: 5978

If it were one year, and you could pick your tenant(s) personally, then maybe ok. But three years is just too long given the likely high turnover in tenants. And for a place your not coming back to? Why complicate your life for so little potential gain? Also, don't assume that just because your near...
by moneyhoney
Fri Nov 30, 2007 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Dare to Retire at 50
Replies: 45
Views: 13022

graduating from the retired life

I was laid off at 44, and turned it into "early retirement". I was burnt out and in dire need of a long vacation, so I took it ( became a little longer than I had planned ). Did a lot of cool things and such, and rarely felt bored, but started to realize that time is more precious when it is ratione...
by moneyhoney
Wed Nov 28, 2007 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone savings - $350 / year
Replies: 40
Views: 13220

cellphone minimalist

I recently started using net10 prepaid, and am so far very impressed. It's perfect for a light user like me. No contract, good reception, and you can roll over unused minutes. For $15 per month, I get the service + 150 anytime minutes.
by moneyhoney
Tue Nov 27, 2007 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: OT: Question about raising health insurance deductable
Replies: 3
Views: 989

OT: Question about raising health insurance deductable

My personal heath plan rate is soon due to go up signifigantly ( change in age bracket ), and has me considering bumping my deductable( currently $2500, next step up is $5000). Anyone know of a calculator in cyberspace to help in making a decision, or if someone has a rule of thumb that applies in t...
by moneyhoney
Tue Nov 27, 2007 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: easy ways to save a few hundred
Replies: 47
Views: 14014

Drive an older paid for auto, so no need for collision which saves hundreds. If consumable items(food,hygenic,housewares,etc) go on sale that I will be using anyway I stock up. I've changed my budget to more annually oriented as opposed to monthly. I use the public library for all my media needs, wh...
by moneyhoney
Wed Nov 21, 2007 3:37 pm
Forum: Investing - Theory, News & General
Topic: Marketwatch: 17 Reasons America Needs a Recession
Replies: 28
Views: 6111

My admitedly simplistic analogy for recession/depression, is the forest fire. Periodicly a fire is required to clear away old growth, and set the stage for new. Lacking this health restoring event ( as has been our policy of zero tolerance for forest fires ), the stage is set for a catastrophic fire...
by moneyhoney
Fri Nov 16, 2007 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Have you ever suffered from hunger in your lifetime?
Replies: 32
Views: 9844

I've never experience real hunger, although there were occasions when I wish I had ( My mom was an "uneven" cook, sorry mom ). To have never known hunger is to be blessed, I would say. It's a good way to put things in perspective when you think you have "real" problems.
by moneyhoney
Wed Nov 14, 2007 4:41 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Economists Re-Enact Market Bets on [US] Civil War
Replies: 12
Views: 3042

Yeah, but we got them back with World War I and World War II. Those were both planned by Henry Ford and Wall Street power-mongers to allow the Americans to take over world industry. Sorry but that's bunk IMO. Henry Ford was for peace ( at least in WW1 ), as were probably most US capitalists. If you...
by moneyhoney
Sun Nov 04, 2007 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite western movie?
Replies: 38
Views: 8698

My faves

Red River
Dances With Wolves
Wild Bunch
by moneyhoney
Mon Oct 22, 2007 1:58 pm
Forum: Personal Investments
Topic: Will you freeze your credit?
Replies: 4
Views: 1518

I can't speak to all states, but Florida seniors can freeze and unfreeze their accounts at no cost
Kinda ironic to me. Seniors, as a group, are more affluent then most, and are the least likely to use/need credit IMO.
by moneyhoney
Thu Oct 18, 2007 5:39 pm
Forum: Personal Investments
Topic: Safest place for $200k
Replies: 10
Views: 3635

Here's the part I don't understand... why put EVERYTHING in CD's? If you plan on spending 120k for a house then put that 120k in a low-risk investment, however if you are planning on investing the 80k in the future anyway, then you may as well start investing them now. Maybe not with the entire amo...
by moneyhoney
Wed Oct 17, 2007 3:19 pm
Forum: Investing - Theory, News & General
Topic: Where does cash belong?
Replies: 20
Views: 4985

She'll never find it..

....in the bowling ball. :D
by moneyhoney
Fri Oct 12, 2007 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Strong passwords, password checker, anti-rootkit
Replies: 29
Views: 7055

Non technological methods

From wikipedia: http://en.wikipedia.org/wiki/Keystroke_logging Non technological methods Most keyloggers can be fooled by alternating between typing the login credentials and typing characters somewhere else in the focus window. Similarly, one can move their cursor using the mouse during typing, cau...
by moneyhoney
Thu Oct 11, 2007 5:34 pm
Forum: Personal Consumer Issues
Topic: Reoccurring fight with my girlfriend...am I wrong?
Replies: 128
Views: 40486

All we know is that her parents kinda spoil her, and only hearing one side of the argument. All the "dump her" advice is a bit over-the-top, imo! I do agree that this issue should be resolved, but let's not go right out and assume this relationship is not worth saving! Cue commercial, and cut to mu...
by moneyhoney
Fri Sep 28, 2007 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Should We Save the Morningstar Diehards Forum?
Replies: 80
Views: 27114

Where is he now?

What ever happened to Hocus? I could be wrong, but I think he was the primary driver to this forum being started, and the downfall of M* Diehards. Wonder if he peaks in from time to time to see what he hath wrought? From lemons, come lemonade.
by moneyhoney
Thu Sep 20, 2007 5:04 pm
Forum: Investing - Theory, News & General
Topic: TransUnion announces credit-freeze option for all 50 states
Replies: 21
Views: 5116

.

oneleaf, I haven't seen the mechanics of doing it in Oregon yet, but here's the webpage I've been monitoring, where more info should be forthcoming: http://www.dfcs.oregon.gov/identity_theft.html I'm wondering if maybe you just contact the three CRA's come Oct 1st, and go from there. Mel, I wasn't a...
by moneyhoney
Thu Sep 20, 2007 3:03 pm
Forum: Investing - Theory, News & General
Topic: TransUnion announces credit-freeze option for all 50 states
Replies: 21
Views: 5116

Yea but..

I live in Oregon, which has a freeze law going into effect Oct 1st ( finally ). The two other majors (Experian and Equifax), will have to sign on, or risk very adverse publicity and pressure to do so. A national "solution" like this is long overdue, since the federal govt. didn't act the industry fi...
by moneyhoney
Sun Sep 16, 2007 12:54 am
Forum: Investing - Theory, News & General
Topic: Howard Gardner: capping income and wealth
Replies: 30
Views: 8084

Equal outcomes?

Destroys incentives--world works best when you have equal opportunity. When you try to create equal outcomes EVERYONE loses. Call me dense, but I missed the part in the article where everyone was going to get 4 Mil a year, and a 200 Mil nestegg handout from this idiots proposal. The idiots proposal...
by moneyhoney
Thu Sep 13, 2007 3:49 pm
Forum: Investing - Theory, News & General
Topic: Paper or PC?
Replies: 48
Views: 12300

Good topic

Here's what I'm doing to safeguard my data and save trees. I have a 250GB external USB harddrive that has a mirror of my internal dedicated data drive. Technically t's not a true mirror( instananeous update), but using a free software utility called Syncback, it automaticly copies changed files to t...
by moneyhoney
Tue Sep 11, 2007 9:43 pm
Forum: Personal Investments
Topic: Checking Account Alternatives
Replies: 86
Views: 32387

Safe deposit box

Find another bank, $70 for a 3x5 is a bit outrageous. I'm paying $30 a month for that size. Most banks will require you open at least a savings account to get a box. So, open an account, keep a couple hundred in it, and your good to go.
by moneyhoney
Sat Sep 08, 2007 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance
Replies: 10
Views: 2477

I'm unemployed and living off savings for the next few years while I go to college full-time as a mature student (26 yr old). Mature student hell, I'm 49 and going back, now that's mature( or ancient take your pick ) :) Regarding your insurance problem, see an qualified agent/broker who can help yo...
by moneyhoney
Wed Sep 05, 2007 2:59 pm
Forum: Personal Investments
Topic: How much money do you keep in your checking account?
Replies: 35
Views: 12979

Not an issue

I have an ING Orange acct that pays 4% with no gimicks, and I keep about $2000 cushion in it. It's a virtual acct, so no checkbook per se, but it's very easy to generate a check when necessary.
by moneyhoney
Mon Sep 03, 2007 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: [poll] ethical dilemma: ...best buy DVD player (closure!)
Replies: 35
Views: 9315

I like option B

B) buy a new identical machine, put in the old one that they certified to be ‘working perfectly’ and bring it back as a return. i get a new machine that works, plus no add’l $. they get their ‘perfect machine’ back. I've done this with Coleman air mattresses that have repeatedly developed leaks jus...
by moneyhoney
Sun Sep 02, 2007 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Car Selling/Buying Etiquette
Replies: 25
Views: 9437

I would add...

.. a bill of sale, containing terms of the deal including at a minimum date, agreed on price,mileage, terms of payment, VIN #,names/addresses/phone #s, of parties involved, and signatures of parties. This to be done BEFORE any transfer of funds,keys,etc. Also, be sure to notify the state immediately...
by moneyhoney
Fri Aug 31, 2007 10:18 am
Forum: Investing - Theory, News & General
Topic: Tune in at 11am to hear Bush's Homeowner Bail-out Plan
Replies: 71
Views: 19407

Yipee

Makes me want to run out and buy a house, knowing the feds have my back. Not only will they subsidize my cost to own thru tax writeoff, and give me a windfall when selling thru cap gains exemption, but also will be there to take care of me if the deal goes south because I screwed up and took on more...
by moneyhoney
Fri Aug 24, 2007 2:40 pm
Forum: Investing - Theory, News & General
Topic: Is it different this time because it's a Ponzi Scheme?
Replies: 28
Views: 5491

Moral hazard cont.

Valuethinker, I was speaking in general terms regarding moral hazard. I think the lenders should reap the pain (as they do the rewards ) of their decisions, as should investors. As for the subprime borrowers, why should they receive any more consideration then novice stock market investors do when t...
by moneyhoney
Fri Aug 24, 2007 10:43 am
Forum: Investing - Theory, News & General
Topic: Is it different this time because it's a Ponzi Scheme?
Replies: 28
Views: 5491

It's called "moral hazard". People and Institutions take risks with the implied knowledge that if something goes bad, someone else ( taxpayers ) will bail them out. It becomes ingrained in the psyche as being just how things work. The question becomes is it better to allow a massive failure , and re...