Search found 3750 matches

by Gekko
Sun Dec 14, 2014 6:10 pm
Forum: Investing - Theory, News & General
Topic: [Hoax] High school student scores $72M playing stock market
Replies: 7
Views: 2731

[Hoax] High school student scores $72M playing stock market

i'm skeptical - High school student scores $72M playing the stock market By Laura Italiano December 14, 2014 | 4:52am A 17-year-old Stuyvesant High School student has made millions trading stocks on his lunch break. He’s the teen wolf of Wall Street. A kid from Queens has made tens of millions of dollars — by trading stocks on his lunch breaks at Stuyvesant High School, New York magazine reports in its Monday issue. Mohammed Islam is only 17 and still months away from graduating — but worth a rumored $72 million. “The high eight figures,” is as specific as the shy and modest teen would get when asked his net worth. Islam bought himself a BMW but doesn’t have a license to drive it. And he rented a Manhattan apartment, though his parents, imm...
by Gekko
Wed Nov 06, 2013 6:19 pm
Forum: Investing - Theory, News & General
Topic: John Moffitt Explains NFL Retirement,Forfeiting at Least $1M
Replies: 6
Views: 1614

John Moffitt Explains NFL Retirement,Forfeiting at Least $1M

just like Bogle says - he has "Enough". "I don't care about the Super Bowl. I don't," Moffitt insisted. "I used to. I mean, anytime I played this game, I gave my heart to it and I'm a person that does thing with his heart. ... I don't need the Super Bowl experience. I played in great stadiums and I played against great players. And I had that experience and it's enough." The Broncos acquired Moffitt on Aug. 20 from the Seahawks after he'd lost out on one of two starting guard spots in Seattle during training camp. He played in two games for the Broncos (7-1). Moffitt, 27, made about $1.8 million before taxes in his 2½ seasons in the NFL. "I've saved enough. It's not like I'm sitting here and I'm a milliona...
by Gekko
Thu Jan 26, 2012 6:51 pm
Forum: Investing - Theory, News & General
Topic: A Note to my Future Self
Replies: 29
Views: 8100

Re: A Note to my Future Self

The following is an e-mail from the past, composed 2 years, 11 months and 30 days ago, on January 22, 2009. It is being delivered from the past through FutureMe.org Dear Future Self - This is your Past Self. It's January 21, 2009 and we've just completed one of the worst years ever in the market. The S&P 500 was down 37% in 2008 and the pain was pretty bad. 2009 has not provided much relief so far. Every day, the headlines roar with news about bankruptcies, layoffs, decimated earnings, and ponzi schemes. Things are looking pretty gloomy right now. The reason I am writing you this note is because I am afraid that you'll forget this pain at the next market highs. I don't want you to get caught up in the euphoria again. I want to remind yo...
by Gekko
Wed Sep 29, 2010 6:53 am
Forum: Investing - Theory, News & General
Topic: Bill Gross Investment Outlook
Replies: 37
Views: 5196

has he been wrong before? probably.

does some other very smart billionaire somewhere think that the exact opposite will happen? probably.

does anyone know what will happen for sure? nope.
by Gekko
Tue Sep 28, 2010 7:21 pm
Forum: Personal Consumer Issues
Topic: Looking for good whole grain wheat bread
Replies: 63
Views: 10289

Wake Up 8 to 12 ounces spring water Breakfast 3 egg whites and 1 whole egg and/or a 4- to 6-ounce piece of broiled salmon 1/2 cup cooked oatmeal (not instant) 4 oz cantaloupe OR 1/4 cup fresh berries 8 to 12 ounces spring water minimum, (more if desired) Lunch 4 to 6 ounces grilled salmon or tuna packed in spring water 2 cups romaine lettuce 1 tablespoon extra virgin olive oil and freshly squeezed lemon juice to taste 4 oz cantaloupe OR 1/4 cup fresh berries 8 to 12 ounces spring water minimum, (more if desired) Mid-afternoon snack 2 ounces low-salt, sliced chicken breast OR 6 oz plain yogurt. 4 raw, unsalted hazelnuts 1/2 green apple 8 to 12 ounces spring water minimum, (more if desired) Dinner 4 to 6 ounces grilled salmon 2 cups romaine l...
by Gekko
Mon Sep 27, 2010 8:53 pm
Forum: Investing - Theory, News & General
Topic: More Financial Crises in Next 10 Years: Roubini
Replies: 22
Views: 3272

- In April 2009, near Dow 7,950, Roubini predicted the markets would retest the March lows of Dow 6,500. They never did. - In July 2009, near Dow 8,100, he described the market's run as nothing more than a bear rally. Yet the Dow rose 38% over the next nine months. - In October, near 9,700, Roubini called for a bearish 10% to 20% pullback. Not only was he six months early, but the market's selloff went to 9,700 from 11,200. The current cyclical low is essentially at the same spot where Roubini made his bearish call...six months earlier. You can't be much more off than that. I've watched Roubini pile on top of every crisis since 2008. He did not anticipate the investment markets rebounding from the sovereign debt fears, so he softened his s...
by Gekko
Mon Sep 27, 2010 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider as very rich?
Replies: 122
Views: 20320

Re: The top ten wealthiest Bogleheads?

VictoriaF wrote:A really interesting question is:
Who are the top ten wealthiest Bogleheads?

Victoria
well according to this thread and poll, we have 16 Bogleheads who have a net worth above $5M.

http://www.bogleheads.org/forum/viewtopic.php?t=50044

i would like to know who these "Sweet 16" are and how they got there. i take solace only in the fact that they are probably old and impotent.
by Gekko
Mon Sep 27, 2010 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider as very rich?
Replies: 122
Views: 20320

Re: Ridiculous

metzgm wrote:
Ruprecht wrote:Anyone who earns more than $200,000 a year is clearly getting more than they deserve, regardless of how many hours they work or how long it took them to reach this level of earning potential. They are a drain on society and must be made to pay their fair share. To the barricades!
Really?
your sarcasm detector must be broken.
by Gekko
Mon Sep 27, 2010 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider as very rich?
Replies: 122
Views: 20320

In addition to an increase in profile, the trade netted him a personal payday of nearly $4 billion, more money than Tepper, who grew up in Pittsburgh and had never even been on a plane until he was 21, literally knows what to do with. “What do you think I should do with it?” he asked me. “I could buy an island. I could buy a private jet—but I have NetJets. I could get myself a 22-year-old! “Sometimes,” he whispers, leaning across the table, “if someone is an asshole, like a waiter at a restaurant, I think, I could just buy this place and fire that guy.”
http://nymag.com/news/features/establishments/68513/
by Gekko
Mon Sep 27, 2010 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider as very rich?
Replies: 122
Views: 20320

WHAT IS RICH? Net Worth - Classification Less than $1 Million - Poor $1 to $5 Million - Still Working $5 to $10 Million - Comfortable $10 to $50 Million - Rich $50 to $100 Million - Liquid Over $100 Million - F EVERYBODY!!! ----- Are You Rich Yet? Barron's, September 20, 1999 Beer & Pretzels Rich Investment assets of $2.02 million Don't count your house(s) About 5% of U.S. individual taxpayers Annual investment income: $101,141 Filet Mignon & Champagne Rich A portfolio of $4.55 million 1% of U.S. individual taxpayers An annual investment income of $227,546 Yacht & Limousine Rich A portfolio of $19.33 million Annual investment income of $966,621 Who's Who Y&L Rich: Jack Welch of GE, Mike Armstrong of AT&T Really Really Ri...
by Gekko
Mon Sep 27, 2010 4:34 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger on Communism, Botox, and Goldbug Jerks
Replies: 17
Views: 4339

The best way to get what you want in life is to deserve what you want. -- Charlie Munger
by Gekko
Mon Sep 27, 2010 4:19 pm
Forum: Investing - Theory, News & General
Topic: The Abysmal Track Record of Moody’s Mark Zandi
Replies: 17
Views: 3662

“On the way to work this morning, I got a headache because I was listening to one guy talking about how there’s gonna be hyperinflation. And then after him there was some guy telling me there’s going to be a depression and deflation. Neither—neither—is most likely going to happen,” he said. “The point is, markets adapt, people adapt. Don’t listen to all the crap out there.”

http://nymag.com/news/features/establishments/68513/
by Gekko
Sun Sep 26, 2010 9:28 pm
Forum: Investing - Theory, News & General
Topic: The Abysmal Track Record of Moody’s Mark Zandi
Replies: 17
Views: 3662

Code: Select all

I'm not suggesting we always dismiss the ideas espoused by intellectuals. Just that you have to be open to the possibility that a thinker will be wrong. And not just in the arena of market-based investing.

I've watched Roubini pile on top of every crisis since 2008. He did not anticipate the investment markets rebounding from the sovereign debt fears, so he softened his stance on sovereign debt. He did not anticipate markets recovering from the U.S. "soft patch" either. In fact, Roubini all but assured a double-dip recession.
http://www.cnbc.com/id/39332104
by Gekko
Sun Sep 26, 2010 2:36 pm
Forum: Investing - Theory, News & General
Topic: The Abysmal Track Record of Moody’s Mark Zandi
Replies: 17
Views: 3662

The Abysmal Track Record of Moody’s Mark Zandi

[2010 thread bumped in 2021 --admin LadyGeek]

Adventures in Forecasting!

http://www.ritholtz.com/blog/2010/09/zandi/
by Gekko
Sat Sep 25, 2010 6:43 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan's Dire Warning
Replies: 53
Views: 8087

Harvard University economics professor Martin Feldstein said raising taxes on the wealthiest Americans could push the nation back into a recession and urged that all Bush-era tax cuts be extended for two years. Feldstein, a member of the committee that dates the beginning and end of recessions, said President Barack Obama’s proposal to allow tax cuts for the wealthy to lapse “is going to slow the economy down and could push the economy into recession again next year.” “We should extend all of the Bush tax cuts for two years and we will have a clean slate and see where the economy is,” Feldstein said today in a radio interview on “Bloomberg Surveillance” with Tom Keene. “We should commit now to two years -- and nothing beyond the two years....
by Gekko
Sat Sep 25, 2010 3:18 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan's Dire Warning
Replies: 53
Views: 8087

Martin Feldstein from Harvard makes an interesting counter-argument. Google for more.
by Gekko
Sat Sep 25, 2010 12:41 pm
Forum: Personal Consumer Issues
Topic: Looking for good whole grain wheat bread
Replies: 63
Views: 10289

this is not bread but i've been buying these lately -

Mission Multi-Grain Wraps (Large)

http://www.missionfoods.com/Pantry.aspx

buy the wraps, cans of white albacore tuna fish in water, Hellmann's LIGHT mayonnaise, bag of spring mix greens, a fresh tomato, a fresh sweet onion and you can make yourself a very healthy, nutritional, low calorie, tasty, filling, inexpensive, easy, and quick meal. for dessert buy some Fuji apples and some bananas and you are good to go!

http://www.youtube.com/watch?v=7zoMHGlrjDk
by Gekko
Sat Sep 25, 2010 9:10 am
Forum: Investing - Theory, News & General
Topic: Alan Greenspan's Dire Warning
Replies: 53
Views: 8087

very interesting. thanks for posting.

it sounds like he thinks government spending is the problem but since that won't stay flat or decrease the only other option is to raise taxes. of course this assumes that raising tax rates equals a rise in tax revenues. some would disagree.

a question not asked which i would like to know the answer is - how much time does he think we have? being selfish - if we can kick the can down the road for another 100 years - i'll be happy - since i'll probably be long gone by then.
by Gekko
Fri Sep 24, 2010 10:21 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on CNBC
Replies: 55
Views: 8440

November 17, 1991 MARKET WATCH MARKET WATCH; A Reminder That the 1980's Are Long Gone By Allen R. Myerson If the 1990's were supposed to be more sober, it was hard to make sense of a stock market where biotechnology, long on promise and short on earnings, sets the pace. Perhaps the market's plunge on Friday will help put things back on a more rational course. By all the familiar measures, stocks had become costly. Before Friday, the Standard and Poor's 500 sold at levels relative to earnings last seen in the feverish months before the 1987 crash. -- Other evidence suggests that the market's fall may be part of a longer-term reckoning. After enjoying historically high annual returns of about 17 percent in the 1980's, stocks are unlikely to p...
by Gekko
Thu Sep 23, 2010 5:01 pm
Forum: Personal Consumer Issues
Topic: Best light weight goose down jackets
Replies: 32
Views: 22980

Seinfeld - George's Gore-Tex Coat

http://www.youtube.com/watch?v=lt6KRKHpKhY
by Gekko
Thu Sep 23, 2010 4:33 pm
Forum: Personal Consumer Issues
Topic: Best light weight goose down jackets
Replies: 32
Views: 22980

where are you going with a jacket like that? Antarctica?
by Gekko
Thu Sep 23, 2010 4:22 pm
Forum: Personal Consumer Issues
Topic: Considering a house with a pond - should I even go there?
Replies: 19
Views: 4841

Bill Murray: "You got a pool over there?"

Chevy Chase: "We have a pond in the back. We have a pool and a pond. The pond would be good for you."
by Gekko
Thu Sep 23, 2010 11:02 am
Forum: Investing - Theory, News & General
Topic: Google timeline trend on "bubble" an indicator?
Replies: 13
Views: 1904

"South Florida is working off of a totally new economic model than any of us have ever experienced in the past." - Ron Shuffield, Realtor, March 2005

"Paradigm, by the way, is another word for stop-loss for me. If I ever hear the word associated with a stock (investment) I own, I sell it." - Tim Melvin - 2010
by Gekko
Wed Sep 22, 2010 2:02 pm
Forum: Personal Consumer Issues
Topic: Blackberry or Droid
Replies: 96
Views: 19167

Wall Street Is Breaking Up With The BlackBerry Published: Wednesday, 22 Sep 2010 | 11:12 AM ET Text Size By: John Carney Senior Editor, CNBC.com Yesterday another Wall Street law firm told its attorneys that the firm would support the iPhone for work email. The announcement added that employees who chose the iPhone would have their data plans paid for by the law firm. Credit Suisse has a pilot program allowing employees to use iPhones, according to people familiar with the matter. Bank of America has begun phasing in iPhones, according to one person at the bank. JP Morgan Chase is reportedly experimenting with the iPhone. Skadden Arps buys iPhones for attorneys who choose them, and pays for the data plan. The message from Wall Street is cle...
by Gekko
Tue Sep 21, 2010 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Book Recommendations for High School Seniors
Replies: 32
Views: 5473

The Millionaire Next Door. i think the sooner that kids realize that everything is not always what it appears to be - the better. and that conspicuous consumption and chasing status symbols and keeping up with the Joneses is a sucker's game. and that BEING a millionaire is a whole lot better than trying to look like one. it all starts with saving your money - if you can't do that it doesn't matter how much you make or what funds you invest in - you'll never get rich. this is especially important given the constant bombardment of messages from TV and movies and celebrities and marketing telling these kids to conspicuously consume consume consume. they need an antidote to Paris Hilton, Lil Wayne, Ochocinco, et al. ------ Excerpt Chapter One: ...
by Gekko
Tue Sep 21, 2010 5:27 pm
Forum: Personal Consumer Issues
Topic: Dress Shoes
Replies: 64
Views: 11860

Bloomberg: Two pairs of work shoes in 10 years By JEREMY OLSHAN Last Updated: 2:52 PM, September 20, 2010 Posted: 4:39 AM, September 20, 2010 Mayor Bloomberg is the rare billionaire who can preach penny-pinching without putting his foot in his mouth. He's been wearing the same shoes for 10 years. "The mayor owns only two pairs of work shoes," his spokesman, Stu Loeser, told The Post. "One day he'll wear one, the next the other -- and when they get worn down, he has them resoled." The two pairs of classic black loafers -- one tasseled, the other penny loafers -- predate his tenure as mayor and both are so well worn, with labels so long gone, that even Hizzoner himself can't remember what brand they are. "He could buy...
by Gekko
Tue Sep 21, 2010 12:08 pm
Forum: Personal Consumer Issues
Topic: Allowances..........did you get one or give one now?
Replies: 52
Views: 7313

nope. it motivated me to get a job.
by Gekko
Tue Sep 21, 2010 11:56 am
Forum: Personal Consumer Issues
Topic: Toothache
Replies: 10
Views: 1725

It depends on the dentist. Some are always booked solid and some always have slots open for walk-ins. I always choose a dentist that is flexible in schedule for this reason. For me, if the pain is bearable, then I bear it. I've had painful toothaches that disappeared after a week or so. Although I have gotten in a lot trouble for not going to the doctor when I was sick. Had to pay a lot for medicine to take care of a simple cough turned chronic. In the end, probably paid more money in medication and exams and suffered more by procrastinating. I can imagine everyone reading this rolling their eyes. And that is why men die younger than women. the problem is if it's an abscess - which is an infection - which can spread to other areas and poss...
by Gekko
Tue Sep 21, 2010 11:53 am
Forum: Personal Consumer Issues
Topic: Toothache
Replies: 10
Views: 1725

Re: Toothache

I've had a toothache for 3-4 days now. How much longer should I wait before I go to a dentist? The pain is bearable but very unpleasant. I don't think it is a cavity - it feels like my teeth are shifting a bit and one is pressing into another. I've been taking lots of ibuprofen and trying a handful of home remedies. I don't have dental insurance, and I'd rather not rack up hundreds of dollars, but this pain does not seem to be going away. Will dentists usually take patients on short notice for "emergencies"? I know they're usually booked well in advance. I am/was in the same situation - tooth ache (late June) and no insurance. but I do see a dentist regularly and after his exam and sending me down the hall to an endodontic specia...
by Gekko
Tue Sep 21, 2010 11:24 am
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

Adrian Nenu wrote:http://blogs.wsj.com/economics/2010/09/ ... er-action/
Federal Reserve officials are set to debate at a meeting Tuesday whether and how to take additional steps to further support the U.S. economy.
The economy has improved so much that the Fed is considering further actions to help it out.

Adrian
anenu@tampabay.rr.com
well perhaps the patient is off life support but still needs some additional treatments to fully recover. you don't go from a coma to running a marathon overnight.
by Gekko
Tue Sep 21, 2010 11:22 am
Forum: Personal Consumer Issues
Topic: Toothache
Replies: 10
Views: 1725

IMO - call the Dentist's office and tell them it's an emergency and go see them asap. it could be an abscess which is bad news. get it checked out but beware of making any major treatment decisions while sitting in the chair. don't be afraid to ask lots of questions including treatment options and specific pricing.

good luck.
by Gekko
Tue Sep 21, 2010 7:00 am
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

“I am a huge bull on this country,” Buffett, Berkshire’s chief executive officer, said today in remarks to the Montana Economic Development Summit. “We will not have a double-dip recession at all. I see our businesses coming back almost across the board.” “I’ve seen sentiment turn sour in the last three months or so, generally in the media,” Buffett said. “I don’t see that in our businesses. I see we’re employing more people than a month ago, two months ago.” “It’s night and day from a year, year and a half ago,” Buffett said. “I know Wells Fargo, they would love to have $50 billion more of loans now. Go in and talk to the banker.” http://www.bloomberg.com/news/2010-09-13/buffett-rules-out-double-dip-u-s-recession-says-berkshire-units-growi...
by Gekko
Mon Sep 20, 2010 10:06 pm
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

SP-diceman wrote:
Gekko wrote: try O-TORO SUSHI 「大トロ寿司」 Tuna Belly Sushi (Top Grade)..
I used to cut my lawn with a Toro.
My fish needs to touch fire.

Ive always wondered, what is the difference between Sushi and Sashimi?


Thanks
SP-diceman
Sashimi = Fish Only
Sushi = Fish + Rice
by Gekko
Mon Sep 20, 2010 9:28 pm
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

market timer wrote:
Gekko wrote:try O-TORO SUSHI 「大トロ寿司」 Tuna Belly Sushi (Top Grade)...

http://i63.photobucket.com/albums/h159/ ... m/otor.jpg

warning - it's outrageously expensive but so damn good.
I had this as an appetizer recently at Morimoto and was not impressed. Maybe it's because I had the tartare version.
you want the big solid unadulterated pieces of toro - not tartare. stick it in your mouth and just let it sit and dissolve in your mouth. don't chew it - just let it slowly melt in your mouth and savor the flavor. i think it's $7+ per piece.
by Gekko
Mon Sep 20, 2010 2:54 pm
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

Here's something from Leuthold Group's research this month: Traditional sentiment numbers (like investor surveys, put/call ratios and short interest) are helpful, but don’t fully capture the entrenched degree of pessimism toward the U.S. economy. Ed Hyman of ISI pulled the following quote from a September issue of Time: “The U.S. economy remains almost comatose. The slump already ranks as the longest period of sustained weakness since the Depression. The economy is staggering under many ‘structural’ burdens, as opposed to familiar ‘cyclical’ problems. The structural faults represent once-in-a-lifetime dislocations that will take years to work out. Among them: the job drought, the debt hangover, the banking collapse, the real estate depress...
by Gekko
Mon Sep 20, 2010 2:36 pm
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

Re: The Recession Officially Ended in June 2009: NBER

[political post deleted by admin alex]
by Gekko
Mon Sep 20, 2010 2:34 pm
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

UrbanMedic wrote:
matt wrote:
UrbanMedic wrote:Nobody is saying...we swim in pools of warm, sweet cream and eat bacon wrapped fish roe.
Is that supposed to be desirable? I would rather be able to shower every day and have unlimited pizza and hamburgers to eat. What do you know? I live in the U.S. and I DO have all those things! So I guess I can't complain.
I have to admit I have not had bacon wrapped fish roe. I just imagine it as the richest possible combination of flavor, salt and fat short of deep fried sticks of butter.
try O-TORO SUSHI 「大トロ寿司」 Tuna Belly Sushi (Top Grade)...

http://i63.photobucket.com/albums/h159/ ... m/otor.jpg

warning - it's outrageously expensive but so damn good.
by Gekko
Mon Sep 20, 2010 1:40 pm
Forum: Personal Consumer Issues
Topic: 9mm pistol for lefty at a shooting range?
Replies: 66
Views: 11688

i read somewhere that statistically the average person is much more likely to have their gun involved in a tragic act or accident than it is for them to actually need to use their gun in a self defense situation.

i'm not sure if this was propaganda but it seemed to make sense except for maybe those who live in a super high violent crime area and/or involved in dangerous activities.
by Gekko
Mon Sep 20, 2010 1:33 pm
Forum: Investing - Theory, News & General
Topic: The Recession Officially Ended in June 2009: NBER
Replies: 65
Views: 8987

The Recession Officially Ended in June 2009: NBER

happy days are here agaaaaaaaaaaaaaaaain!

Longest Post-War Recession Ended in June 2009: NBER
Published: Monday, 20 Sep 2010 | 11:28 AM ET
By: Reuters

The U.S. recession ended in June 2009, making it the longest downturn since the Great Depression of the 1930s, the National Bureau of Economic Research said Monday.

The NBER, considered the arbiter of U.S. recessions, said it chose that month based on examination of data including gross domestic product, employment and personal income.

http://www.cnbc.com/id/39269717

Reminder: It is OK to discuss the recession or how it affects our investments. However, Forum Rules prohibit discussion/arguments about government political or economic policy. Thank you for cooperating. -- Taylor
by Gekko
Sun Sep 19, 2010 1:05 pm
Forum: Personal Consumer Issues
Topic: 9mm pistol for lefty at a shooting range?
Replies: 66
Views: 11688

SteveB3005 wrote:Don't know your price range, but HECKLER AND KOCH makes some nice pistols and have both 9mm and .45 ACP left hand models for around $700 to $900 new.
i was thinking the same thing. Vincent's gun of choice in "Collateral".

http://www.youtube.com/watch?v=bI1_-a0coag
by Gekko
Sun Sep 19, 2010 10:02 am
Forum: Investing - Theory, News & General
Topic: Bogle Fires Back at High Cost Fund Provider
Replies: 20
Views: 3325

"When an asset class does well, an index fund in that asset class does even better." - "Dunn's Law" - Steven Dunn a mutual fund should be compared not with the S&P 500 but with the blend of benchmarks that match its style box for asset allocation, risk, etc. of course tax efficiency (after tax returns) is also a consideration. In practice this is not always the case. For example you will find plenty of well-known large cap value funds handily beating the large cap value index over the past decade (which were good for value). When it comes to international funds the same seems to have held true for some well-known international funds. I am not saying this is true for active funds as a whole, just about some well know...
by Gekko
Sun Sep 19, 2010 9:08 am
Forum: Investing - Theory, News & General
Topic: Help with asset allocation
Replies: 4
Views: 1269

Don't Own Too Many Funds

Excerpted from Common Sense on Mutual Funds by John C. Bogle, pages 101-102

http://tinyurl.com/ykw5td
by Gekko
Sun Sep 19, 2010 8:08 am
Forum: Personal Consumer Issues
Topic: Accounting class or Bookkeeping class?
Replies: 11
Views: 2367

i despised Accounting in college. i only took it because i had to.
by Gekko
Sun Sep 19, 2010 8:03 am
Forum: Investing - Theory, News & General
Topic: Bogle Fires Back at High Cost Fund Provider
Replies: 20
Views: 3325

"When an asset class does well, an index fund in that asset class does even better." - "Dunn's Law" - Steven Dunn

a mutual fund should be compared not with the S&P 500 but with the blend of benchmarks that match its style box for asset allocation, risk, etc. of course tax efficiency (after tax returns) is also a consideration.
by Gekko
Thu Sep 16, 2010 7:09 pm
Forum: Personal Consumer Issues
Topic: Blackberry or Droid
Replies: 96
Views: 19167

No corporate e-mail support (Lotus notes) for the Droid so I'm stuck with the BB a workaround is to set up a rule on your PC Lotus Application that auto-forwards or redirects emails to a secondary Gmail account. also - in that secondary Gmail account's settings on Google.com - set up the "reply to" address to your company email address. you'll have to delete the emails twice - but at least you'll have work mails pushed in real time and be liberated from BB. That's pretty clever and straightforward. We use MS Exchange, which most Android phones support but our IT people have said people have mixed luck (and of course they don't support anything but their own Blackberries, which they rarely give out because they cost too much. Funn...
by Gekko
Wed Sep 15, 2010 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America offering 2% cash back credit card
Replies: 60
Views: 17246

i already have a BOA Signature Visa with the reward points feature. i wonder if i can convert and if it behooves me to do so.