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  1. gcgang

    Gold - 13 year cup and handle breakup

    Just took a Maple Leaf out of the safe deposit and sold at a local coin dealer. He pointed out the coin had a scratch on it, so deducted $20 from spot price. Cash payout. Took my name, but no SS# so I don’t think they reported anything. OP Jim - great call. You see any other cups and saucers...
  2. gcgang

    International Investing....why?

    https://www.gmo.com/americas/research-library/the-great-paradox-of-the-u.s.-market_viewpoints While most here believe nobody knows nuthin about future returns, above is a link to Jeremy Grantham’s outlook. He basically says International is slightly overvalued, while USA is EXTREMELY...
  3. gcgang

    oil and gas

    https://www.petroleumnews.com/pntruncate/968299281.shtml Sometimes it works. Above is a link to an old article about the guy who helped get the Bakken going. He had an idea about a giant oil field, and finally found someone who thought it worth drilling. It mentions that times were so lean for...
  4. gcgang

    When to Sell Positions With Unrealized Gains

    When to sell positions with Unrealized Gains? For me, it’s never, as I don’t want to pay the tax and know I don’t have any insights into any company being overvalued and, like you, am unlikely to ever need the funds. At a quick glance it looks like a decently diversified portfolio. Hang in...
  5. gcgang

    Bonds Suc&k...

    I thought Bonds were for getting out of jail.
  6. gcgang

    NFL 2023 Season

    Never mind. Just heard Shanahan say it was a close call, but because they’d get the ball THIRD, when it would be sudden death (unlike NCAA), tipped it that way.
  7. gcgang

    NFL 2023 Season

    New NFL Rule allows both teams one OT possession. Other than the lame excuse Romo said of “needing to rest your defense”, why would you win the toss and take the ball 1st? In college, you win and play defense first, so you know what you need to do to win. Why in the world would you Win...
  8. gcgang

    Blow that Dough 2024

    Super Bowl in Vegas, baby! $3k/night at Wynn, $3,200 1st Class airfare, $10k for a ticket…oh wait. The Lions lost? Never mind.
  9. gcgang

    NFL 2023 Season

    Quarterfinals, Semi-finals, and Final would be way too descriptive and boring. Can’t believe I actually get to say this in any of them, Go Lions!!!
  10. gcgang

    NCAA College Football Playoffs

    It’s great To be A Michigan Wolverine (Repeat) Who’s got it better than we do? NOBODY!!!
  11. gcgang

    NCAA College Football Playoffs

    Watching the CFP on “Skycast”, ESPN News station. It’s like being at the game only with a better view. No annoying announcers, other than the stadium guy, who gives the vitals - down, distance, who carried ball, etc. You get to hear the bands and much better crowd noise. Love it! Go Blue!
  12. gcgang

    Retired at 59.49 years old

    With your mindset (59.49!) you will do fine.
  13. gcgang

    NCAA College Football Playoffs

    Go Blue!
  14. gcgang

    2023 Investment Performance Thread

    https://personal.vanguard.com/us/funds/tools/benchmarkreturns Above is Vanguard performance %’s for about any asset class you can think of. Personal +11% 70/30.
  15. gcgang

    Can you gift an annuity?

    https://finance.zacks.com/transfer-ownership-nonqualified-annuity-11540.html Never mind. I think I found the answer. You can transfer to a charity, but you have to recognize appreciation as income.
  16. gcgang

    Can you gift an annuity?

    I’ve owned a variable annuity since you could withdraw principal first, about 40 years. I did withdraw the initial investment a long time ago, but the balance has still grown to over $70k. I won’t need the asset, nor would my heirs. I’ve named charities of my tax deferred accounts like...
  17. gcgang

    Rethinking my asset allocation.

    Later, 93% Equity, 7% Cash. I don’t understand how you can have 300k/1.8mm in cash, but have 93% equity. If your goal is to maximize assets to heirs, most likely 100% equity will get you there with your 1% withdrawal rate.
  18. gcgang

    Treligy anyone with experience?

    Had the same effect, but modified your docs routine a bit. Immediately rinse mouth with water, then gargle with water, then quickly drink about 24 ounces of water. I think the drinking helps to clean the throat.
  19. gcgang

    Long dated tips may finally be a buy

    https://www.wsj.com/articles/tips-treasury-inflation-protected-securities-2023-7886474e WSJ article today basically saying buy TIPs, as real rates are now up to 2.5%.
  20. gcgang

    Santelli: 10 year treasury at 13% in 7 years

    It would do very bad things to a portfolio. When interest rates go up, the value of bonds decline. Also, when rates are high, PEs on stocks, meaning value of stocks, are usually lower, like 40+ years ago when yields were the 16% he mentioned and PEs were about 7. The effect on the economy of...
  21. gcgang

    DQOTD2: Mutual Funds w/o Dividends/Interest/STCG?

    We already have a winner!
  22. gcgang

    The S&P500 has Become the S&P7 in 2023

    I don’t own index funds (hate the high internal fees -lol), just own a boatload of stocks. I was kind of concerned when I noticed what a high percentage I had in just a few stocks. Then I looked at the composition of the index. I don’t want to sell and pay the cap gains, but I feel MUCH...
  23. gcgang

    Question for an advisor about bond funds. Suggestion?

    Sell the bond funds in taxable accounts that are at a loss!
  24. gcgang

    Coach Prime

    https://bleacherreport.com/videos/463218-deions-jimmy-horn-story Above is a brief part of Taylor Rooks almost hour long interview with Colorado Buffaloes head football coach Deon Sanders, aka Coach Prime. He tells what he said on field late in the game to receiver Jimmy Horn, when Horn had...
  25. gcgang

    Would you go to Hawaii right now?

    Huh. Article said until mid October. Thanks for nuthin, Alaska Air.
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