Search found 654 matches

by FafnerMorell
Mon Dec 05, 2011 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Property Taxes: When to throw in the towel and live in a Van
Replies: 34
Views: 4398

Re: Property Taxes: When to throw in the towel and live in a

I'm sure there's a government committee somewhere eating $16 muffins and debating how best to institute a "van-down-by-river" tax. Probably involving yearly inspections (with fee), license fee, river usage fee, scenic vista duty and van potential carbon emissions tax.
by FafnerMorell
Tue Nov 29, 2011 1:07 pm
Forum: Investing - Theory, News & General
Topic: Griftopia
Replies: 16
Views: 1767

Re: Griftopia

As pkcrafter mentions, any real discussion on this is likely to turn overtly political and/or economical and thus outside the realm of this forum. As a general rule (at least based on what I've read so far), most of the books on the financial crisis taking a more political stance don't really offer ...
by FafnerMorell
Tue Nov 29, 2011 10:12 am
Forum: Personal Finance (Not Investing)
Topic: They Use Math
Replies: 13
Views: 1624

Re: They Use Math

With customized math, do you get to pick if they use fractions instead of percentages?
by FafnerMorell
Mon Nov 28, 2011 4:03 pm
Forum: Personal Consumer Issues
Topic: Horse Riding Lessons
Replies: 28
Views: 1920

Re: Horse Riding Lessons

I've taken Western riding lessons. You can wear jeans, but a heeled shoe/boot is generally needed. It probably varies with the stables, but in my case, there was a lesson horse provided. I think it was around $35 a lesson (gift from wife) but often the first lesson is at a discount.
by FafnerMorell
Sun Nov 27, 2011 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dollar Bill vs. Dollar Coin?
Replies: 56
Views: 4740

Re: Dollar Bill vs. Dollar Coin?

The dollar coin was/is a horrible coin, design-wise and execution-wise. US Post office vending machines would give them as change, but not accept them to pay for transactions. Think about the stupidity required for such a design. They're too close in feel and weight to a quarter. Listen to the NPR P...
by FafnerMorell
Tue Nov 22, 2011 9:51 am
Forum: Investing - Theory, News & General
Topic: "market has it factored in already" please explain to me.
Replies: 11
Views: 913

Re: "market has it factored in already" please explain to me

While it's just my take on it, I view it as probability waves. The market "knows" about the possibilities, and works out, for the various scenarios, what's most likely to occur, and what the short-term consequences will be. But until the actual event occurs, there's still a couple of ways it could p...
by FafnerMorell
Sat Nov 19, 2011 9:26 am
Forum: Personal Consumer Issues
Topic: Shopping for Dishwasher
Replies: 17
Views: 2148

Re: Shopping for Dishwasher

Do not get a GE Profile (or just about any other GE appliance). It had a great control panel, but didn't get dishes clean. At all. We got a Maytag to replace the GE. Does a good job washing the dishes, but the control panel (the "top mounted kind") isn't that great - in theory you can program it to ...
by FafnerMorell
Fri Nov 18, 2011 7:52 pm
Forum: Investing - Theory, News & General
Topic: Is There A Counter Argument To Cramer's DOW 8000
Replies: 28
Views: 3953

Re: Counter Argument To Cramer's DOW 8000

Well, buying DOW / S&P at 6,500 / 670 back in March 2009 didn't seem like such a bad idea a few months ago. So we get another shot at....
by FafnerMorell
Fri Nov 18, 2011 9:29 am
Forum: Personal Consumer Issues
Topic: Anyone actually use their convection oven?
Replies: 23
Views: 2878

Re: Anyone actually use their convection oven?

I use mine all the time - but I don't claim any real expertise with it - it just cooks things a bit faster (I knock a couple of minutes off the cook time and check on it to see if it looks done).
by FafnerMorell
Fri Nov 18, 2011 9:11 am
Forum: Personal Finance (Not Investing)
Topic: re: bizarre email from Fisher Investments
Replies: 14
Views: 7464

Re: re: bizarre email from Fisher Investments

New viral ad campaign? Or maybe just outsourcing their IT to Nigeria? ("What, you mean people in the US don't like receiving vaguely disturbing emails?")
by FafnerMorell
Thu Nov 17, 2011 10:56 am
Forum: Investing - Theory, News & General
Topic: Many Americans say they will have to work until they're 80
Replies: 101
Views: 8856

Re: Many Americans say they will have to work until they're

I'm kind of curious who's going to be employing all these folks. Heck, if you've got a job like Warren Buffet's and you want to work until you're 90, go for it. But I don't think everyone's going to have that as an option.
by FafnerMorell
Thu Nov 17, 2011 9:44 am
Forum: Personal Consumer Issues
Topic: Book e readers
Replies: 23
Views: 1811

Re: Book e readers

I got a Kindle Fire yesterday, and like it very much so far. It's primarily for my wife as a laptop replacement for web browsing/video viewing. I had a first generation Kindle (e-ink) and really liked it for traveling - no more concerns about not having something to read when unexpectedly stuck some...
by FafnerMorell
Wed Nov 16, 2011 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Stock idea for 4th grade class...
Replies: 31
Views: 1461

Re: Stock idea for 4th grade class...

Tell them to short the Euro and buy gold, then hack the S&P website to announce that German bonds are being downgraded - then flip Euro/gold bet right after as the market reacts to the news. Oh wait, it's lunch with Buffet and not Soros. Never mind.
by FafnerMorell
Tue Nov 15, 2011 12:53 pm
Forum: Investing - Theory, News & General
Topic: Is there any agreement on what money is?
Replies: 62
Views: 4589

Re: Is there any agreement on what money is?

When have 5 prominent economists agreed with each other on anything? (Actually, I could see all five, saying in unison, in perturbed voices - "What does money have to do with economics?") That's like confusing the playing of poker with the the types of chips being used.
by FafnerMorell
Tue Nov 15, 2011 9:41 am
Forum: Investing - Theory, News & General
Topic: What ever happened to all the "bond bubble" posts?
Replies: 89
Views: 6780

Re: What ever happened to all the "bond bubble" posts?

Lbill wrote:Get out of bonds or die.
Well, if they all died, it would explain why they've been so quiet. And no sense pestering them with warnings now - disturbing the dead is bad manners.
by FafnerMorell
Mon Nov 14, 2011 10:57 am
Forum: Investing - Theory, News & General
Topic: How a financial planner lost his home
Replies: 203
Views: 18537

Re: How a financial planner lost his home

Well, let's look on the bright side - had he become a security guard, he'd probably be writing a book about all the people he accidentally shot before he lost his gun arm in a revolving door.
by FafnerMorell
Mon Nov 14, 2011 9:03 am
Forum: Investing - Theory, News & General
Topic: Is there any agreement on what money is?
Replies: 62
Views: 4589

Re: Is there any agreement on what money is?

Just about anything & everything is money - it just depends on the culture/time-period. I suspect at the root of this is gold. If gold isn't money, why are central banks/treasuries buying/holding it? In the past few years, we see China, India, South Korea, Thailand, Mexico, Russia and more accumulat...
by FafnerMorell
Sun Nov 13, 2011 7:46 pm
Forum: Investing - Theory, News & General
Topic: So this is really an efficient market?
Replies: 65
Views: 4177

Re: So this is really an efficient market?

The observation market valuation is up 100s and down hundreds day or week after week could be due to news. 100 less than 1% of value so its is not that big a swing. If your boss gives you a 3% raise is your first thought "Gee, he's becoming irrational, how could my value abruptly change by 3% overn...
by FafnerMorell
Sun Nov 13, 2011 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Precius metals
Replies: 19
Views: 1535

Re: Precius metals

I'm considering a 5% allocation to cowrie shells - I've been kicking myself for not buying gold when it was $300 an ounce, and I figure this time I'll get in ahead of the crowd.
by FafnerMorell
Thu Nov 10, 2011 9:09 am
Forum: Personal Consumer Issues
Topic: Octogenarian's ragecomic - worth a read
Replies: 8
Views: 1511

Re: Octogenarian's ragecomic - worth a read

That was worth a read - thanks!
by FafnerMorell
Wed Nov 09, 2011 2:45 pm
Forum: Investing - Theory, News & General
Topic: So this is really an efficient market?
Replies: 65
Views: 4177

Re: So this is really an efficient market?

Jfet wrote:The market is instantly absorbing all of the world knowledge and pricing stocks according to fair value predictions? Or are people just speculating and panicking?
Yes. Yes.
by FafnerMorell
Mon Nov 07, 2011 6:24 pm
Forum: Personal Consumer Issues
Topic: Borrowing Kindle Books from the Public Library
Replies: 20
Views: 2723

Re: Borrowing Kindle Books from the Public Library

I was a bit surprised to find out the local library had only 1,014 e-books - and not an overly great selection (seemed a lot of fiction paperbacks, which I suppose makes sense that the regular books get abused pretty heavily)
by FafnerMorell
Mon Nov 07, 2011 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Wealth gap doubles since 2005
Replies: 9
Views: 1167

Re: Wealth gap doubles since 2005

Every day, I get one day older. Good to know I'm also getting one day richer. :beer
by FafnerMorell
Sun Nov 06, 2011 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: What type of small business would you start in this climate?
Replies: 42
Views: 3884

Re: What type of small business would you start in this clim

Sell $30 sleeping bags for $50 w/ a "free" latte to the OWS folks.
by FafnerMorell
Tue Nov 01, 2011 9:57 am
Forum: Personal Consumer Issues
Topic: If you were Greek, how would you vote?
Replies: 6
Views: 1044

Re: If you were Greek, how would you vote?

The smart will vote with their feet.
by FafnerMorell
Thu Oct 27, 2011 2:55 pm
Forum: Personal Consumer Issues
Topic: Blended whiskeys
Replies: 44
Views: 4370

Re: Blended whiskeys

The Glengoyne 17yr is really, really good. A bit tough to find. Had Glenmorangie Nectar at a Christmas party last year or so and really liked it - been meaning to buy a bottle. And yeah, the Johnny Walk Gold served straight, from a fridge, is really incredible.
by FafnerMorell
Thu Oct 27, 2011 1:55 pm
Forum: Personal Consumer Issues
Topic: Blended whiskeys
Replies: 44
Views: 4370

Re: Blended whiskeys

I like single-malt with just a bit of water for "special occasions" and blended on the rocks for nightly "retire to the library to read". I'll have to check out the Chivas Regal - sounds really good, since I like regular Chivas. Generally I buy Scottish Leader (which I think might just be available ...
by FafnerMorell
Thu Oct 27, 2011 10:08 am
Forum: Investing - Theory, News & General
Topic: "Why Economic Models Are Always Wrong"
Replies: 33
Views: 2814

Re: "Why Economic Models Are Always Wrong"

Yeah, it's an interesting article - although a bit more "substance" to back it up would have been nice. Reminds me of having read through Taleb's "Black Swan", my chief takeaway was the rather underwhelming "Gauss curves aren't the answer to everything" - which, while undeniably true, then leads to ...
by FafnerMorell
Mon Oct 24, 2011 9:16 am
Forum: Personal Consumer Issues
Topic: How do you live your life?
Replies: 94
Views: 46614

Re: How do you live your life?

The phrase "Live each day like it's your last" rubs me the wrong way since if folks did that, there would be absolutely no planning (heck, if you're going to die tomorrow, why go to school/work/save any money/etc). But there's definitely a balance - you can't completely control the future, and focus...
by FafnerMorell
Sat Oct 22, 2011 9:24 am
Forum: Personal Consumer Issues
Topic: Mint.com - how are you using it?
Replies: 28
Views: 3945

Re: Mint.com - how are you using it?

I find Mint valuable for tracking credit card purchases & checks. While I've played with some of the other features (budgets, goals, etc), I haven't really found them too useful. I do track investment info, but don't really do much with it. I've gotten a good laugh out of the Zillow house data, whic...
by FafnerMorell
Thu Oct 20, 2011 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend is an heiress, who should pay?
Replies: 197
Views: 17796

Re: Girlfriend is an heiress, who should pay?

She should only pay if she wants to, it's her money after all. That said, if you're hoping to do 6 trips a year to visit eachother, you can certainly suggest that you can't afford more than 1-2 yourself but you'd still really like to see her. Then she can either come visit you (and pay her own way)...
by FafnerMorell
Thu Oct 20, 2011 9:43 am
Forum: Personal Consumer Issues
Topic: What Book Are YOU Currently Reading? Part IV. (07/04/2010)
Replies: 1507
Views: 377364

Re: What Book Are YOU Currently Reading? Part IV. (07/04/201

"The Grand Pursuit" - enjoying it so far (although I'm only 50 pages in or so), although it's a bit light - it would have been nice to cover the economic side of things in a bit more depth. Always interesting to see how past financial crisises (say, the English Banking Crisis of 1866) seem very simi...
by FafnerMorell
Thu Oct 20, 2011 8:15 am
Forum: Investing - Help with Personal Investments
Topic: 50/50 Scott Burns Couch Potato too conservative
Replies: 24
Views: 5207

Re: 50/50 Scott Burns Couch Potato too conservative

I've been following Scott Burn's Margarita portfolio for a long time now (some slight deviations - I don't put quite 1/3 in International, and a bit more in TSM) and have been very happy with it despite all the market turmoil - while some years are good & others bad, just putting in a steady 15-20% ...
by FafnerMorell
Thu Oct 20, 2011 7:48 am
Forum: Investing - Theory, News & General
Topic: Bitcoin value falls 90% since June
Replies: 15
Views: 1654

Re: Bitcoin value falls 90% since June

operating profit is highly dependent on the mining rig (GPU type, # of GPUs), local electricity cost, and also weren't there ASIC's being developed specifically for this? I was curious about this - I had little difficulty finding forum posts where people have claimed to have heard of others buildin...
by FafnerMorell
Wed Oct 19, 2011 11:06 am
Forum: Personal Consumer Issues
Topic: Dennis Ritchie, the father of "C" language, died
Replies: 26
Views: 2181

Re: Dennis Ritchie, the father of "C" language, died

Has anyone here had to maintain or add functionality to 10000 to 20000 lines of some other person's lightly commented C code? I liked C's terseness but it could get pretty hard to follow. Maybe modern coding practices have evolved and are a lot better in the work place now? Maybe management enforce...
by FafnerMorell
Wed Oct 19, 2011 9:52 am
Forum: Personal Consumer Issues
Topic: Dennis Ritchie, the father of "C" language, died
Replies: 26
Views: 2181

Re: Dennis Ritchie, the father of "C" language, died

The K&R C book was a classic - and out of the hundreds of technical books I have scattered around, it stands out for it's compactness and clarity of examples. While "hello, world" has become a bit of a clique, it's a great way to show, in just half a page, the general concept of a language (portable...
by FafnerMorell
Fri Oct 14, 2011 8:49 am
Forum: Personal Consumer Issues
Topic: How many battery chargers do you take on a trip?
Replies: 24
Views: 2051

I just take all of them (and to be honest, I've never really bothered to count how many) - I just keep everything in a backpack and take the backpack everywhere. I've got a lousy memory, and one of my coping mechanisms is to keep everything together and put that 'everything' in the same spot (there'...
by FafnerMorell
Thu Oct 13, 2011 11:17 am
Forum: Personal Finance (Not Investing)
Topic: College Degree in Something Practical...
Replies: 141
Views: 11515

JupiterJones wrote:[SHL's post]

^
|
|

That is funny! :D

JJ
+1 - yep, I'm going to use that pic!
by FafnerMorell
Thu Oct 13, 2011 8:09 am
Forum: Personal Consumer Issues
Topic: Recommendations for meaningful books?
Replies: 46
Views: 3147

"Atlas Shrugged" should be read, if only to understand why so many people hate and fear it's message.
by FafnerMorell
Thu Oct 13, 2011 6:33 am
Forum: Personal Consumer Issues
Topic: LASIK experiences
Replies: 19
Views: 2298

frugalhen wrote:best money I ever spent.
Same here. Had it a couple of years ago, and am very happy with it. Very easy procedure (at least for me).
by FafnerMorell
Tue Oct 11, 2011 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Naming a financial site -- your input valued
Replies: 32
Views: 3075

http://www.thebrassscales.com/
isn't used - could use the old-fashion weight scales to indicate rebalancing & money
by FafnerMorell
Tue Oct 11, 2011 12:50 pm
Forum: Investing - Theory, News & General
Topic: to DCA or not to DCA???????????
Replies: 24
Views: 2025

Re: to DCA or not to DCA???????????

I have some new money, and was wondering whether or not I should dollar cost average in? my heartfelt thanks ; ) LH Don't just lump sum your new money in; figure out your total net lifetime earnings, calculate what percentage you should invest (say, 10-20%), then borrow that much and THEN lump sum ...
by FafnerMorell
Tue Oct 11, 2011 9:53 am
Forum: Investing - Theory, News & General
Topic: Two Americans share economics Nobel
Replies: 29
Views: 2044

It seems that the "wanna-be sciences" (economics, psychology, and just about anything labeled a 'soft-science') is hamstrung by the difficulties in running reproducible, meaningful experiments - usually due to difficulties with being able to have proper control groups. It's not like the Federal Rese...
by FafnerMorell
Mon Oct 10, 2011 5:57 pm
Forum: Investing - Theory, News & General
Topic: Just What is Wall Street?
Replies: 44
Views: 4242

I've wonder that a bit myself - seems like folks use it to mean pretty much whatever they want to mean, and just assume everyone else agrees with their definition. "Main street" gets used & abused much the same way. The most consistent usage that I've seen is that Wal Street is the financial service...
by FafnerMorell
Sat Oct 08, 2011 8:58 am
Forum: Investing - Theory, News & General
Topic: A Look Inside of Fort Knox...
Replies: 34
Views: 6923

JPH wrote:Interesting videos. What is the purpose of the gold today? What could it be used for?
It's a hedge against the possibility that our politicians are lying to us.
by FafnerMorell
Fri Oct 07, 2011 9:37 am
Forum: Investing - Theory, News & General
Topic: Financial Crisis is worst the world has ever faced
Replies: 41
Views: 6771

Opponent Process wrote:
john94549 wrote:Who's the guy in the picture?
an allegorical representation of the former British Empire.
So is Paltrow representing emerging economies, or the Angel of Death?
by FafnerMorell
Fri Oct 07, 2011 9:36 am
Forum: Investing - Theory, News & General
Topic: Financial Crisis is worst the world has ever faced
Replies: 41
Views: 6771

It has to be seen in context. This is a wildly unpopular move by the BoE, being criticized across the UK political spectrum, from the leftist Guardian to the conservative Telegraph (often called the "Torygraph") Britain already has much higher inflation than the US and people are worried this will ...
by FafnerMorell
Thu Oct 06, 2011 8:43 pm
Forum: Investing - Theory, News & General
Topic: Financial Crisis is worst the world has ever faced
Replies: 41
Views: 6771

"Immigrant in pet cat row was shoplifter" as a major headline might indicate a slow news day. Unless the pet cat immigrant was responsible for >30% of Greece's GDP. Which could be.
by FafnerMorell
Thu Oct 06, 2011 2:43 pm
Forum: Investing - Theory, News & General
Topic: Scrooge McDuck Versus John C. Bogle?
Replies: 16
Views: 2882

Scrooge isn't really an investor, but rather a entrepreneur / treasure-hunter - creating, losing and then re-creating numerous fortunes. He's closer to Indiana Jones + Warren Buffet than Bogle.

BTW, in 2011, he's up to $44 billion with the gold run up. That $28 billion # is from 2007.
by FafnerMorell
Thu Oct 06, 2011 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Prediction from Past results: Bertrand Russell's Chicken
Replies: 13
Views: 1235

Re: Prediction from Past results: Bertrand Russell's Chicken

Here's a question - if you don't believe the sun will rise tomorrow, why are you concerned about investing? Working? (assuming you do) Raising a family? (assuming you do) In fact, any planning beyond a couple of hours would be completely pointless. Given that "the living know that they shall die: b...