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  1. CitricAcid

    Lehman Brothers swirling the drain

    Just LOOK at their YIELD!!!
  2. CitricAcid

    It's official: The Oil Boom Is Over

    Gasoline may move separately from oil for a while during hurricane Ike, but a little longer the gasoline prices should fall, as long as ziggy's prediction is out there.
  3. CitricAcid

    Bittersweet day.................

    Think I should chime in being a current student (go back for third year Sunday). My brother left the nest two years before me and I do feel that gender plays an important role in parents' decisions with their children. My brother and I are kind of expected to succeed and do well on our own, so...
  4. CitricAcid

    Beijing 2008

    Doubt that somebody would be able to win the 800 and 200, very different events, the 200 is basically an all-out extended sprint. 400 is similar to a sprint, but not quite and 800 is not a sprint. Correct me if wrong, however, it may have already happened. By the way, the reason that Phelps is...
  5. CitricAcid

    Ernest Borgnine Secret to Long Life

    Stay on topic, stay on topic!
  6. CitricAcid

    Cash versus Equities chart, bad behavior

    Exactly... the idea of real estate and stocks is that above their intrinsic value (as property, where stocks is a claim on the company) is the resale / investment value. But, this does go into the "value" or "worth" of a good. Say you see a TV now for $200. It is worth $200 to you with...
  7. CitricAcid

    Cash versus Equities chart, bad behavior

    Those goods are used for consumption, however, in their intrinsic value as a good. The argument can be made that it is very irrational for housing because there is an intrinsic value and renting is an option, but stocks are an investment. For whatever reason in human psychology, the masses...
  8. CitricAcid

    New Wave of Alt-A Foreclosures to be Worse than Subprime Wave

    Not sure about the claim, but we have been on the topic of underwater versus overwater (above water, or whatever). Thus, homeowners who put 20% down (there are actually a lot of them still) since 2006 and paid principal and interest the last two years or so may have more equity in their home...
  9. CitricAcid

    The USD is Stronger.

    Compare the USD with other countries/currencies though. Besides the franc, most of the beatings of USD vs. XXX has already occured. Not that it can't go down further because I do not know, but the dollar has principally already gone down because of expectations in a weaker economy and the...
  10. CitricAcid

    When will the Stock Market Recover?

    Morals or Morales or Morale (is Morales a word or a latino name?) By the way, said second half 2009... but don't really know what "recover" means.
  11. CitricAcid

    Scott Burns Article........

    I was exaggerating for effect, the internet does make it tough though.
  12. CitricAcid

    How safe is Immediate Annuity?

    So, is a well paying job an asset or just a means to assets... hmmm, seems like the old rich emans income stream or wealth argument... and, yes, I believe that income streams do have value such that maybe by definition your "principal" is $0, but the value of it should be included when...
  13. CitricAcid

    Commodities

    Aren't pimps rather diversified? Investing in a pimp sounds kind of like a woman MF.
  14. CitricAcid

    Scott Burns Article........

    I am not talking about people's general knowledge of the markets, more that people here are more frugal and are better at saving and are more aware/knowledgeable/interested/concerned in saving and financial independence. A very self-selecting sample of people on this board, I believe.
  15. CitricAcid

    Interesting interviews with anonymous hedge fund manager

    Maybe tinfoil hat should be used more frequently. What makes it difference this time? Everything will not end within the next year. I think most people believe that the U.S. economy is somewhere along the spectrum between "Buy gold, ammunition and food because the economy will fall apart...
  16. CitricAcid

    Now I know it's gonna get worse

    Between 9 and 3, school work... outside of that homework.
  17. CitricAcid

    Commodities

    True, it is probably a chicken or egg kind of deal. I suspect, however, that the "inflation" in the abstract term (general rising of prices caused by many things) is what caused the very quick and short term jump in oil/gold/NG/wheat (decrease in dollar) and that it is just now being cycled...
  18. CitricAcid

    Commodities

    About the inflation hedge, I feel there is more to this than is let on by CFB. Oil is still up over 60% in the last year, as inflation is ratcheting up. Commodities are very heavily dependent on the underlying asset (dollars) so as the dollar does well, commodities do poorly, and vice versa...
  19. CitricAcid

    The "Father" of 4% SWR doesn't recommend it...

    During bad years, however, not only does your portfolio go down, say 15%, but you want to decrease your SWR from 4 to 3.5% or whatever? That is a 25.6% decrease in amount of money taken out. Not saying it is impossible, because it is possible to change spending, just that with inflation it may...
  20. CitricAcid

    Scott Burns Article........

    Haha, no kidding. Another article saying that no American saves so don't trust yourself to do it and just get a pension. Nothing wrong with pensions, but it just has a very self-selecting / skewed data set. I don't think many of the people on this board are in the same boat as those being...
  21. CitricAcid

    Progressive Nature of Tax Code

    I don't really buy this argument. I am as anti-environmentalist as the rest (not that I hate the environment, it's that I hate the policy decisions/intentions of the environmentalist), but to say that disincentivizing littering is oppression is a tough case to sell. Fines for littering are...
  22. CitricAcid

    Now I know it's gonna get worse

    lets-retire, a lot of schools nowadays weight the classes such that an extra 0.33 or 0.50 or whatever is added onto the GPA of an honors or AP class. Also, when you are comparing GPAs for colleges or whatever the hell else you need them for, colleges look a lot more at your schedule and then...
  23. CitricAcid

    Progressive Nature of Tax Code

    OK.... looks like a lot has gone on here since I last checked. First things first, to veer off the main argument for one second, I think that many who are against the progressive tax nature are more in line with just reducing federal spending. The major reason is that you can lower taxes for...
  24. CitricAcid

    Another reason to question this Olympics

    I am glad they could finally beat up on the Greek, but it is not good to feel that we shouldn't even care about who we play on our path to another gold medal (like it would be 8 years ago). Next stop, Spain with their insensitive advertisement.
  25. CitricAcid

    Not so serious olympic reporting

    I love the fact that 0.00001% of the American public knows how to differentiate a 8.8 from an 8.9 or whatever, in the fact that anyone watching gymnastics is watching just to watch the spectacle. The analyst/commentator treats it as if everybody should know the rules and be able to judge and...
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