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Russia making more $$$$ than ever before? That’s not what the article you posted says at all. Their July (one month) revenue increased 2.5 billion to 15.3 billion but that was still 4.1 billion, per your posted article, LESS than the same time last year. In addition between Jan and June their...

Total Stock Market Index is up 23.65% YTD resulting in appreciation that vastly overshadows, in a positive way, the inflation premium I paid for goods and services this year. So far so good. What does the future hold? Who knows?

You should do what makes you sleep at night but in regards to following Hussman…. On Morningstar I plugged in Hussmans Strategic Growth (ill-named) Fund vs Vanguards Total Stock Market Index (VTSAX) over the past 10 years. Investing 100k in Hussmans Fund ten years ago would have resulted in a...

The “good old days” , which I lived through, are a bit romanticized as the current crime rates (on a per capita basis) for murder, robbery, rape, etc are quite a bit lower than the late 60’s, early 80’s etc.

Projecting future tax rates is difficult/nearly impossible. Rather than “usually going up” the tax rate trend has been actually going down over the past 4 decades. Biden’s capital gains/dividends proposals, if (doubtful) passed, will hit those with incomes above 1,000,000 which statistically...

According to your post it sounds like your pension and both SS checks cover your expenses. If that’s the case I say go for it. For years my plan was to sell our home in a high cost area and bank a lot of cash when moving to somewhere more reasonable. Instead we fell in love with an “almost...

I have no idea where cruise ship stocks are going from here but the “buy when there is blood in the streets” mantra would have worked when travel stocks were slammed. Carnival (CCL), as an example, fell to 7.80 and is now nearly $27.00 a share. It may or may not have a lot of upside but there is...

Predicting market moves is always a wild guess but this weekend has been very eventful and could lead to a washout tomorrow ..... *The fed move signals things are worse than we think. *The closing of restaurants, bars, schools, travel etc is accelerating. I believe virtually all...

Daily price actions are a guessing game, to say the least, but I won’t be surprised if you get your 2399 S&P buy on Monday. We are heading into a closing everything but healthcare and grocery store scenario which I would think will lead to some market panic. I bought a little VTI at 128 on...

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Ha, I’m also finding “covers over the head” to be helpful.

Does that mean we should all try to time the markets?

Long term, although there are no guarantees, the market has ALWAYS (100% of the time) rallied back to previous highs.

The S&P is only down 3% from four months ago so I’m not sure that it is now a huge buying opportunity on a relative price basis.

Well said. I have relatives that draw very generous federal pensions, receive great health care, enjoy the roads/military protection/emergency services you mention, etc., etc., and act as though they are getting screwed every time they pay a penny in taxes. I don’t get it.

Well said. I have relatives that draw very generous federal pensions, receive great health care, enjoy the roads/military protection/emergency services you mention, etc., etc., and act as though they are getting screwed every time they pay a penny in taxes. I don’t get it.

My balance was zero for a few minutes tonight but is back to normal. 6 months or so ago I logged in and my balance was briefly over $168,000,000. I got a screenshot of the balance but not the money :)

—————- I knew there was no way that a states tax revenue could go down 50%. According to the State of MA website their fiscal 2019 tax revenues were 6.9% HIGHER than fiscal 2018.

I’ve twice done number 8, soliciting prices online from dealers, and it has worked great both times. Each time I sent emails to 5 dealers (I’m in a major metro area) requesting pricing for a specific model and color and letting them know I am buying that week and want their best “out the door”...

That also made me laugh out loud.

Kudo’s to you. 6 months or so ago I had a CD mature that I had scheduled, per my ladder, to roll into a 5 year CD at around (I think) 3.5%. Instead I used my brain (LOL) and bought a shorter term CD because everyone thought rates would continue to rise. Oops. Now the 5 year is barely over 2 and...

I will say that the debt levels across the globe (and our 27% YTD increase so far this fiscal year) are worrisome but that being said I always find it surprising that David Stockman continues to get attention. If you google his articles you will see that he is a perma-bear that has been...

We were in Venice (our second time there) for three nights during our June trip. I was a little hesitant to return but we ended up having a great time and found much better restaurants than our last visit. Places like Ristorante da Alvise and La Palanca have great views and excellent pasta for...

Yes, several of the well known trails are still, after a number of years, closed. The very scenic Monterosso to Vernazza trail is open as are a number of less publicized trails. You can still have a lot of fun there but, as I posted earlier, avoiding the towns of Monterosso, Vernazza etc...

We were there in June. Many people were wearing flip flops and I did not see anyone get fined or warned. That being said....two of the days we went on hiking trails there were security people at the entrance that were not allowing people with flip flops to go on the trails.