Recent content by GusLevy

  1. GusLevy

    Last minute travel deal...any legitimate resources for those without a specific plan?

    BeatofHawaii.com is a wonderful site for last minute deals and packages to the various Hawaiian islands. The guys have a easy to follow website and are passionate about finding deals. I wish they expanded to include other dream destinations...
  2. GusLevy

    Hawaii

    My relationship with Hawaii has been a passionate burst of fits and starts in the past 10yrs. I retired in 2010 at 39 and was all set to move to Keauhou or somewhere in the coffee elevation near Holualoa in 2010. Was about to buy a property in Keauhou Estates until my last trip to confirm the...
  3. GusLevy

    Buying a new residence: how to do it in retirement

    Greetings. I am currently in the process of selling my house and planning to pursue the purchase of another house once the sale closes. For me, I wanted to sell my house before seriously considering my next house since the risk of being long two houses is not a comfortable one - I am in an apt...
  4. GusLevy

    Trading your account

    Greetings. I have been retired for about 2.5yrs and primarily trade my portfolio to pay the bills as I go along in addition to holding/rotating various corp and muni ETFS for the yield or the trade depending on the sitch. IMO we have been in a "trader's market" since the housing bubble collapsed...
  5. GusLevy

    Goldman Director resigns and lets it all hang out

    And in similar news out of NYC, All-Star outfielder Andruw Jones has decided to immediately retire his position and baseball career with the New York Yankees Baseball organization as he states "somewhere in the past, umm, couple years or somewhere around there the team management and other...
  6. GusLevy

    Hawaii next spring

    Greetings. To the OP, if you had to choose one island based on the list that you noted, then the Big Island would probably be the most optimal choice. Kilauea is a must-see since it is unquestionably the most famous active volcano on the planet. For me, Mauna Kea at night under a clear sky is...
  7. GusLevy

    I finally understand why people say kids are expensive - daycare!

    As a full-time Mr. Mom of my precious 10-mo old princess I literally feel your pain. Raising an infant full-time is, IMO, the hardest job in existence for a man due to obvious biological, ummm, differences but also because it has been proven that a crying baby is the most stressful sound that a...
  8. GusLevy

    Steve Jobs Dies

    Hey now! There are admirers of Nikola Tesla - probably my favorite scientist in history - who froth at the mouth at the suggestion that Marconi invented the radio. He done stoled it from Tesla and history is only making that clearer as time passes. That sneaky Italian did have money and...
  9. GusLevy

    Bank of America to charge $5 debit card fee

    Another poster, BestWife, referenced earlier in this thread regarding Congressional legislation which is directly driving these fees. I don't think anyone else mentioned it but it should be the crux of this discussion. IMO, Durbin's bill is yet another example of the Law of Unintended...
  10. GusLevy

    Euro debt crisis : any good books or in-depth articles?

    The fear in the markets currently is due to the obvious fact that nobody actually has the details right now. There's a lot of decent synopses from various sources but the following is a fair recap as Boskin touches on all the problems and solutions in a tight manner: Europe IMO, the first...
  11. GusLevy

    I Love Larry Kotlikoff(Partly Because He Can't Stand Krugman)

    Mahalo. Fair enough, I sense that you are not a dogmatic person. I suppose that we can try a deductive argument approach: 1) Keynesians believe in changing the irrational and unconscionable economic behavior of citizens. 2) The hoarding of cash by citizens in times of economic distress is...
  12. GusLevy

    I Love Larry Kotlikoff(Partly Because He Can't Stand Krugman)

    My sensibilities tell me to stay away from this, ummm, enlightening discussion but unfortunately it is like a train wreck that is harder to avert the eyes from than not to at this point - hopefully this is the last reference from me to Vizzini in this particular train wreck. We have officially...
  13. GusLevy

    I Love Larry Kotlikoff(Partly Because He Can't Stand Krugman)

    "I've hired you to help me start a war. It's a prestigious line of work, with a long and glorious tradition." - Vizzini "Never start a land war in Asia!" - Vizzini Keynes may have actually been a military-state strategist upon reflection! His theory on deficit spending typically raises the...
  14. GusLevy

    I Love Larry Kotlikoff(Partly Because He Can't Stand Krugman)

    There you go again, trying to be sneaky. Open market operations have what to do exactly with the setting of discount or fed funds (which is monetary policy)? Open market operations are by definition Keynesian policy as the Govt is directly involved in the market, no?
  15. GusLevy

    I Love Larry Kotlikoff(Partly Because He Can't Stand Krugman)

    1) TIPS are priced on growth expectations and inflation expectations so obviously the low break-evens suggest high growth expectations or high inflation expectations...I'll let you decide which one the market is predicting. 2) Discounting the fact that Europe is imploding and that growth is not...
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