Recent content by dallas27

Studied econ/finance, and know darn well paying off a low rate mortgage is non-optimal, and I am sitting with enough free cash for the first time in my life to be able to kill the mortgage and can’t shake the motivation to pay it off. Damn my reptile brain or whatever is doing that to me...!

Huh? You think tax cuts and spending are deflationary? Huh? Wha? Huh?

Gti is probably the most refined a car in that class ever been built, truly amazing in every category. We prefer our 2015 gti over the Porsche cayman S that we sold.

So, the day before dividends are issued they are “principal”. So, you are dipping.

Where I am at near raleigh, prices really haven’t changed all that much from before the crash and now. Sure it dipped, but not horrible, and now ten years later you could say most of the gain is just mild inflation.

Debt, bond debt. Maybe everybody’s, maybe just corporates. Very probably corps + municipals not able to handle a rate rise shock, then the fed backstops everyone and that goes south as china rises economically. China could darn near end us just by liquidating their bonds in a hurry, maybe with...

Either extreme is bad. Like all things, its relative to all the other macro factors in the economy and, of course, what expectations are at the moment. And even then, what hurts one sector helps another.

Cheap boat, not well thought plans, done on a whim. They were lucky it happened day 2 and not further out. This was doomed before it started.

The world is rigged against you, and only you.

Deceptive FA? Isn’t that a tautonymy?

Of course, everyone has the impulse to time. But thats the animal in you trying to override the intellect. Not good to listen. I would argue the only instance to time is when you see what buffet calls a soft ball. When you see something so out of whack, and everybody has bet in the same...

Emh people, emh.

Agreed, the option price should represent the breakeven result. Black-Shoals’s helps tell us what that is. But the premise of this thread was someone knew the market would drop, so in that scenario this is a way to leverage that prediction with maximum gain and minimum risk.

Options are leveraged by definition.

Puts are far higher leveraged on you prediction. If you are going to make a bet you know what is going to happen, make a leveraged bet with limited downside. But to each his own.