Search found 5688 matches

by Random Musings
Mon Sep 28, 2020 9:26 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 119
Views: 9655

Re: In which companies do you own a single share, or token amount, of stock?

On the extreme side, I own a few token shares of BSH Home Appliances stock (private company) that was gifted to me from my Great Uncle who moved to Germany for some corporate position.
Ironically, his last name was Hoover.

RM
by Random Musings
Sun Sep 27, 2020 10:59 pm
Forum: Investing - Theory, News & General
Topic: Gold is again on my head
Replies: 46
Views: 3581

Re: Gold is again on my head

tmcc wrote: Sun Sep 27, 2020 3:57 pm has anyone ever successfully purchased gold at spot prices? I kind of want to get some gold teeth made
Got a feeling I've been here before

RM
by Random Musings
Sun Sep 27, 2020 8:48 pm
Forum: Personal Consumer Issues
Topic: Music for a camping trip
Replies: 50
Views: 2713

Re: Music for a camping trip

As a person who likes to camp and hike, the enjoyment comes from being surrounded in nature and away from the hustle and bustle of everyday life. Be courteous and put on ear buds. They sell very nice ones today. The other issue is in remote areas you don't know who you may run into.... As one exampl...
by Random Musings
Sun Sep 27, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: CALPERS Needs 7% Return
Replies: 98
Views: 11833

Re: CALPERS Needs 7% Return

Meh. A state pension is a good "fixed income" component, payable as per the contract terms, to the employee. And it will be paid out as any other obligation would be even if its target is not met - tax/fee revenue, POB, etc. I believed (and still do) that I would be better off financially by managi...
by Random Musings
Sat Sep 26, 2020 8:14 pm
Forum: Investing - Theory, News & General
Topic: The Economist: The age-old strategy of buying cheap shares is faltering
Replies: 31
Views: 5119

Re: The Economist: The age-old strategy of buying cheap shares is faltering

I see the Economist uses the age old strategy to not use a logarithmic y-axis which makes it more difficult to look at relative differences. However, the variance between growth and value is concerning and IMHO, is a sign of an aging bull market.

RM
by Random Musings
Sat Sep 26, 2020 7:24 pm
Forum: Investing - Theory, News & General
Topic: CALPERS Needs 7% Return
Replies: 98
Views: 11833

Re: CALPERS Needs 7% Return

Cue the song "You Can't Always Get What You Want". Almost ironic the album title is named "Let It Bleed". CALPERS should make some tough choices immediately, but they won't. They are not the only entity in this situation. Generally speaking, other people are poor stewards of our money. There are a f...
by Random Musings
Sat Sep 26, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 74
Views: 4919

Re: Talk me into buying a Tesla Model Y

My 2006 BMW is on its last leg. Our other car is a 2020 BMW, so we are thinking about Model Y as a second car. To be honest, we now have the means in retirement that we would like to experience a different kind of technology. We are not car enthusiasts, but are technology inclined. Please advise: 1...
by Random Musings
Thu Sep 24, 2020 9:49 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Recent Sell Off Mystery
Replies: 67
Views: 6640

Re: Stock Market Recent Sell Off Mystery

Random Walk Down Wall Street.

I also believe the call/put ratio was running very high before this sell off.

RM
by Random Musings
Tue Sep 22, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: Death of 60/40 portfolio and infrastructure as an alternative investment
Replies: 6
Views: 1129

Re: Death of 60/40 portfolio and infrastructure as an alternative investment

A 60/40 portfolio isn't dead, it just smells funny.

Just hold your nose and move on.

RM
by Random Musings
Thu Sep 17, 2020 9:05 pm
Forum: Personal Consumer Issues
Topic: Kids back to On Campus School - Would you ?
Replies: 46
Views: 1935

Re: Kids back to On Campus School - Would you ?

At our school, almost 80% of the students are back in school, albiet every other day. Our kids are so happy to see their friends and have some sense of normalcy. No cases yet in our school district, but there will be cases at some time as some students have had it in the spring and summer. Our schoo...
by Random Musings
Wed Sep 16, 2020 9:15 pm
Forum: Investing - Theory, News & General
Topic: You are probably invested in Bitcoin now
Replies: 36
Views: 3006

Re: You are probably invested in Bitcoin now

You can put $425MM in a lot of things for 100 years, or even longer. Gold is one good example. However, there are no guarantees that it will pan out. RM "Gold" ... "Pan Out" - I see what you did there! LOL. (Did you? - look up origin of "pan out"). Have panned for gold in the Black Hills of SD. Was...
by Random Musings
Wed Sep 16, 2020 8:59 pm
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 172
Views: 13750

Re: Is this guy trying to scam me on a car I'm selling?

What is the upside of still dealing with #1?

Starting to wonder if this is a true story and who is being scammed.

RM
by Random Musings
Tue Sep 15, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: Gold continues to soar!
Replies: 257
Views: 15355

Re: Gold continues to soar!

I believe the dollar has been a weaker currency recently and gold tends to rise when that happens.

If the trend stays that way, I expect gold to continue to climb.

RM
by Random Musings
Tue Sep 15, 2020 9:08 pm
Forum: Investing - Theory, News & General
Topic: AQR and Vanguard funds performance vs. stated benchmarks, updated 8/31/2020
Replies: 13
Views: 1359

Re: AQR funds performance relative to their stated benchmarks, updated 8/31/2020

Solid underperformance from the AQR shop. Better have some magical darts when picking those funds.

RM
by Random Musings
Tue Sep 15, 2020 9:03 pm
Forum: Investing - Theory, News & General
Topic: You are probably invested in Bitcoin now
Replies: 36
Views: 3006

Re: You are probably invested in Bitcoin now

You can put $425MM in a lot of things for 100 years, or even longer. Gold is one good example. However, there are no guarantees that it will pan out.

RM
by Random Musings
Tue Sep 15, 2020 8:57 pm
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 172
Views: 13750

Re: Is this guy trying to scam me on a car I'm selling?

Sir,

Obviously, this gentlemen did not graduate from the Nigerian School of Scammers.

RM
by Random Musings
Sun Sep 13, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Optimal HVAC Size
Replies: 44
Views: 2713

Re: Optimal HVAC Size

Our two story (with basement) originally was built with one undersized A/C unit The temp differential from the first floor to the second floor was unacceptable. Installing an attic fan during the process of putting in attic storage, helped mitigate the issue. That was not too difficult a process. Fi...
by Random Musings
Fri Sep 11, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Neccesities for a Man Cave
Replies: 51
Views: 3458

Re: Neccesities for a Man Cave

Multiple TV screens. Top notch sound system. Well stocked bar and kegerator. Cabinet humidor in separate smoke room with ventilation. Billiard table, poker table and dart boards. Comfortable seating.
Security system. Friends who appreciate a man cave.

RM
by Random Musings
Tue Sep 08, 2020 12:13 pm
Forum: Investing - Theory, News & General
Topic: Well, it's October again - time to take profits?
Replies: 46
Views: 4595

Re: Well, it's October again - time to take profits?

Some people take daylights saving time too far.

Plus, should never be late for any appointments.

RM
by Random Musings
Mon Sep 07, 2020 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Quit corporate job @ age 34 with $1.3M?
Replies: 225
Views: 22356

Re: Quit corporate job @ age 34 with $1.3M?

I'd work for another five years and reassess. If you get inheritence before that five year timeframe, reassess at that point.

Never assume inheritences, perfect health or perfect markets. Life throws curveballs at times.

RM
by Random Musings
Mon Sep 07, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: National Parks in Winter
Replies: 33
Views: 2591

Re: National Parks in Winter

Thanks RM! Sounds like Zion from a Vegas winter getaway a good choice - We didn't try Angel's Landing even in the summer. While heading up there or on the way back, stop and visit the Valley of Fire State Park, not too far away from Vegas. Snow Canyon State Park, a bit cooler and near St. George UT...
by Random Musings
Sun Sep 06, 2020 9:19 pm
Forum: Personal Consumer Issues
Topic: National Parks in Winter
Replies: 33
Views: 2591

Re: National Parks in Winter

Zion and South Rim Grand Canyon are fine, crowds will be muted. I think Arches, Canyonland and Capitol Reef would be cool to see as well that time of year, but that's me. We visited the NPs in Southern Utah in a summer but would love to go in the winter. How safe it's to drive in the winter? Are th...
by Random Musings
Sun Sep 06, 2020 7:46 pm
Forum: Personal Consumer Issues
Topic: National Parks in Winter
Replies: 33
Views: 2591

Re: National Parks in Winter

Everglades - best wildlife viewing and missing those wonderful mosquitoes. I second Yellowstone. Have been there three times but never in winter. Friends who have done winter visits love it. But it is COLD. Death Valley - mid March is a good average time to visit, flowers are in bloom at that time, ...
by Random Musings
Sat Sep 05, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: SoftBank partially responsible for tech stock rally in recent weeks?
Replies: 52
Views: 6162

Re: SoftBank partially responsible for tech stock rally in recent weeks?

I was wonderimg why the call to put ratio has been so high each day over the past few weeks. Even on Thursday.

RM
by Random Musings
Fri Sep 04, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Where do you put cash now? Vanguard's Prime Money Market is too low!
Replies: 76
Views: 11685

Re: Where do you put cash now? Vanguard's Prime Money Market is too low!

Since being a loan shark should be frowned upon due to the illegality of it (plus you will have to hire some friendly employees to help encourage repayments at times), be a car title lender instead.

Who said making interest has to be boring?

RM
by Random Musings
Mon Aug 31, 2020 7:44 pm
Forum: Investing - Theory, News & General
Topic: How long could you live off your portfolio if the worst happened?
Replies: 110
Views: 10623

Re: How long could you live off your portfolio if the worst happened?

People today live without portfolios.

In fact, a lot of people in this world.

RM
by Random Musings
Mon Aug 31, 2020 2:43 pm
Forum: Personal Consumer Issues
Topic: Traveling to Maine from Virginia
Replies: 9
Views: 861

Re: Traveling to Maine from Virginia

Jack FFR1846 wrote: Mon Aug 31, 2020 11:56 am My sister in law and nephews just spent a week in Maine, coming from Arizona. There was zero enforcement of anything.
Neighbor down the road went to Maine as well. No problem although someone else's experience may be different.

RM
by Random Musings
Sun Aug 30, 2020 9:40 pm
Forum: Personal Consumer Issues
Topic: Should I sell my stash of dental floss now worth $3,000?
Replies: 123
Views: 14610

Re: Should I sell my stash of dental floss now worth $3,000?

Just consider Orson Wells sage advice that you should sell no floss and incur a loss. Plus, most dental floss will decompose in about a 50 to 80 year time frame. This is not a long term buy and hold investment you want to pass on to your heirs. Cash in and sell that waxed nylon line before it runs o...
by Random Musings
Sun Aug 30, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: So, I was playing Pickleball and Amazon sent me an offer
Replies: 87
Views: 7280

Re: So, I was playing Pickleball and Amazon sent me an offer

I don't purchase too much via Amazon. Tend to find better deals elsewhere these days.

As mentioned, Duck Duck Go can be used as an alternate browser.

Big Tech loves inertia. And your data.

RM
by Random Musings
Thu Aug 27, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: Salesforce Price Run-Up Challenges DJIA Selection
Replies: 8
Views: 825

Re: Salesforce Price Run-Up Challenges DJIA Selection

I don't even pay attention to the DJIA, even though it's almost always mentioned first in the news. Perhaps the parent company pays these outlets for the privledge to be mentioned first.

RM
by Random Musings
Thu Aug 27, 2020 8:34 pm
Forum: Personal Consumer Issues
Topic: Early September Hiking/Camping Vacation. Risk smoky conditions of CO or heat and humidity of Appalachian Mountains?
Replies: 44
Views: 3226

Re: Early September Hiking/Camping Vacation. Risk smoky conditions of CO or heat and humidity of Appalachian Mountains?

Even though the Smokies are busy in summer and fall, we found a few things that helped avoid most of the crowds. First, we start our visit on Monday and leave by Friday around lunch. Weekends are just too busy there. Second, we hit the most popular attractions and hikes either early in the day or la...
by Random Musings
Mon Aug 24, 2020 9:12 pm
Forum: Investing - Theory, News & General
Topic: Changing how the Fed views inflation
Replies: 32
Views: 2201

Re: Changing how the Fed views inflation

Higher inflation and still low interest rates? You would think rational markets would want higher yields so that real returns don't tank. If they somehow force yields to stay low, then won't the average standard of living go down?

Perhaps equities will shoot to the moon to compensate.

RM
by Random Musings
Mon Aug 24, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: Vacationing safely in the era of Covid - How did you do it?
Replies: 124
Views: 9629

Re: Vacationing safely in the era of Covid - How did you do it?

Went back out to SD, Badlands, Custer State Park and Black Hills area in general (two weeks before Sturgis). Stated in hotels only in SD and IA. Mostly outdoor stuff, had our own breakfasts and lunches and ate outdoors most of the time when we are at restaurants. Wore masks when required, primarily...
by Random Musings
Mon Aug 24, 2020 8:24 pm
Forum: Personal Consumer Issues
Topic: Thoughts on Tennessee
Replies: 116
Views: 13401

Re: Thoughts on Tennessee

Have traveled to TN many times. TN is one state we are considering as a retirement location and the eastern side of the state is what we find more compelling.

RM
by Random Musings
Sat Aug 22, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: Nearly all gains from the S&P 500 are from Tech stocks is this normal?
Replies: 44
Views: 5128

Re: Nearly all gains from the S&P 500 are from Tech stocks is this normal?

Five largest companies are 23% of the S&P 500 https://twitter.com/zerohedge/status/1296804752383238145?s=21 A newbie to the BH forum ordinarily would be advised to index, instead of tending to an under-diversified list of hot stocks but buying VOO now cuts against this to a degree. Those who have s...
by Random Musings
Sat Aug 22, 2020 8:40 pm
Forum: Personal Consumer Issues
Topic: Vacationing safely in the era of Covid - How did you do it?
Replies: 124
Views: 9629

Re: Vacationing safely in the era of Covid - How did you do it?

Went back out to SD, Badlands, Custer State Park and Black Hills area in general (two weeks before Sturgis). Stated in hotels only in SD and IA. Mostly outdoor stuff, had our own breakfasts and lunches and ate outdoors most of the time when we are at restaurants. Wore masks when required, primarily ...
by Random Musings
Wed Aug 19, 2020 9:15 pm
Forum: Personal Consumer Issues
Topic: Approach to "News" Consumption
Replies: 82
Views: 4421

Re: Approach to "News" Consumption

I take all news today with a grain of salt. More opinion than facts these days.

RM
by Random Musings
Wed Aug 19, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Anyone noticed La-Z-Boy quality has declined?
Replies: 31
Views: 2751

Re: Anyone noticed La-Z-Boy quality has declined?

Bought a La-Z-Boy in 2005, still in great condition.

RM
by Random Musings
Tue Aug 18, 2020 8:34 pm
Forum: Investing - Theory, News & General
Topic: "The Great American Bond Bubble" by Jeremy Siegel And Jeremy Schwartz
Replies: 54
Views: 3692

Re: "The Great American Bond Bubble" by Jeremy Siegel And Jeremy Schwartz

They were just a little premature in their call.

At the least, we are in a low interest rate hell period for bond holders.

I guess they used the proceeds from the book to purchase equities, which did better during that time period.

RM
by Random Musings
Tue Aug 18, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: Investment strategies for high net worth individuals
Replies: 56
Views: 5303

Re: Investment strategies for high net worth individuals

"Sophisticated" investing usually means that you are paying a professional advisor, probably way too much, for the "opportunity" to generate alpha, that you most likely won't get.

But you get to sit in nice offices with comfy chairs. Want a latte?

RM
by Random Musings
Sun Aug 16, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12150

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

Perhaps go with a 60/40 stocks/ CD's instead. Regardless, I think we have to embrace the suck on the bond side right now. Increasing equity exposure has risks as well, including investor behavioral issues. And it's now like equities started at historically low valuations when the quick bear came to ...
by Random Musings
Fri Aug 14, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: What is the big deal with RobinHood accounts???
Replies: 75
Views: 8030

Re: What is the big deal with RobinHood accounts???

I just don't see what the Robinhood platform offers today that is advantageous over other zero cost transaction brokerages that I can use.

RM
by Random Musings
Fri Aug 14, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: Buffet buys gold miner
Replies: 41
Views: 4120

Re: Buffet buys gold miner

... 2 points, one its Zerohedge so who cares... Indeed. Just in case everyone isn't aware: from Wikipedia's article on Zero Hedge Zero Hedge or ZeroHedge is a far-right libertarian financial blog, presenting staff-written articles and aggregating news and opinions from external sources. Zero Hedge,...
by Random Musings
Fri Aug 14, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: Buffet buys gold miner
Replies: 41
Views: 4120

Re: Buffet buys gold miner

... 2 points, one its Zerohedge so who cares... Indeed. Just in case everyone isn't aware: from Wikipedia's article on Zero Hedge Zero Hedge or ZeroHedge is a far-right libertarian financial blog, presenting staff-written articles and aggregating news and opinions from external sources. Zero Hedge,...
by Random Musings
Wed Aug 12, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Updates 10y expected Returns
Replies: 45
Views: 6422

Re: Vanguard Updates 10y expected Returns

Robot Monster wrote: Fri Jul 24, 2020 8:29 am
Random Musings wrote: Thu Jul 23, 2020 9:13 pm
oldcomputerguy wrote: Thu Jul 23, 2020 2:01 pm Are these nominal returns or real?
For some reason, that question me of the lyrics "Now is that a real poncho or is that a Sears poncho"?

RM
Is it live or is it Memorex? Oh, by the way, which one's Pink?
Pink Anderson

RM
by Random Musings
Wed Aug 12, 2020 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tree section fell on my neighbor's property...who is liable
Replies: 56
Views: 5872

Re: Tree section fell on my neighbor's property...who is liable

If an emergency comes your way in the future and you need your neighbors help.....

They couldn't hear you, it was an act of nature.

RM
by Random Musings
Thu Jul 23, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Updates 10y expected Returns
Replies: 45
Views: 6422

Re: Vanguard Updates 10y expected Returns

oldcomputerguy wrote: Thu Jul 23, 2020 2:01 pm Are these nominal returns or real?
For some reason, that question me of the lyrics "Now is that a real poncho or is that a Sears poncho"?

RM
by Random Musings
Thu Jul 23, 2020 8:40 pm
Forum: Personal Consumer Issues
Topic: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car
Replies: 101
Views: 5144

Re: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car

If your car is new and nice, maybe destroy someone else's new and nice car with wear and mileage. If going on a road trip, renting may be cheaper than driving a car you own. Sounds like a lot of highway driving. Typically, far less wear and tear compared to local driving. Of course, we drive out ca...
by Random Musings
Sun Jul 19, 2020 8:16 pm
Forum: Personal Consumer Issues
Topic: Notes from an RV road trip in the year of coronavirus
Replies: 4
Views: 1784

Re: Notes from an RV road trip in the year of coronavirus

RV'ing is probably one of the safest ways to go, especially when combining with a lot of outdoor activities. On most hiking trails, I would expect few masks being worn as viral loads are low and distancing is basically a given. I'd be more concerned about wildlife and good footing.

RM