Recent content by MooreBonds

  1. MooreBonds

    Red Wine Recommendation!

    A little late to the thread, but just my perspective: the aging in Bourbon Barrels doesn't give it an exact "bourbon flavor". And as with any other wine (and beer), tasting notes are just that - what your nose senses. For one person to say "it's the vanilla coke of wine" is more than an...
  2. MooreBonds

    Beyond Meat Burger and Impossible Burger 2.0

    I'm in St. Louis (where they officially rolled out the Impossible Whopper first). I had one, just to try it for the potential "health" benefits. The texture was very much like a beef burger - but it was a tiny bit on the dry side (probably sitting around like most beef burgers do). I was also...
  3. MooreBonds

    Time to let a friend go.

    I had a different impression: he's a type of bully/dominant type of guy that wants to get his way, and he sees someone (the OP) who is definitely on the submissive side. (note: I'm talking in a general sense of 'power balance', not in a sexual sense) Consider the knife-throwing incident: a guy...
  4. MooreBonds

    Physics thought experiment / contest

    But doesn't this fly in the face of your initial post, where you say: So you can expend any amount of energy to "build or obtain any energy extraction device" (like a nuclear reactor)...but you can't simply place it under a waterfall with a small plastic pool???
  5. MooreBonds

    Physics thought experiment / contest

    I would go for something utilizing the natural thermal incline in the atmosphere. Build it out of graphene, which (in theory) should be the lightest material. The vacuum inside the sphere should make it buoyant enough to rise up. Tie the sphere to the valve, such that as the sphere gets blown...
  6. MooreBonds

    Preferred Stock Investing-The Good , The Bad and The In Between 2015 - 2020

    I would expect that as well - but many times people don't know what it is they own. I'm sure a number of shareholders received SPLP-A when the parent company purchased other firms, and don't have a clue what they have (you think they read that 50 page prospectus? ;). Some may think "I'm not...
  7. MooreBonds

    Preferred Stock Investing-The Good , The Bad and The In Between 2015 - 2020

    This is what the prospectus says: So it sounds like if there is a low response rate, then you would be able to tender as many shares as you indicate. As a side note, while the prospectus references an actual number of 525,000 shares possible to be put back to the company, Mulligan had said...
  8. MooreBonds

    $500k saved at 29 still felt like it’s not enough

    As someone who's soon-to-be-ex-wife is a school teacher, I can warn you that "simply teaching" is NOT something you should simply assume you can waltz right into and clock your 10+ years. While there is a nice pension for most, you might get a very rude awakening as to what many schoolrooms are...
  9. MooreBonds

    Preferred Stock Investing-The Good , The Bad and The In Between 2015 - 2020

    I still have 350 of it. I had 450, but decided to pare down 100 just to diversify a little more since it's not a bank. The rest of my stable of preferreds has a headcount of 78 (most are 100 share lots, average position size is just over $3k). I keep wondering the same thing as you: when will...
  10. MooreBonds

    Preferred Stock Investing-The Good , The Bad and The In Between 2015 - 2020

    I came across a new issue: AIRTP. It’s a Trust Preferred for AIRT, a logistics-based firm that appears to have decent growth and financials. The AIRTP was issued to existing shareholders recently as part of a stock split (don’t worry if you look at a chart of AIRT, and see it dropping off a...
  11. MooreBonds

    Mom's estate's taxable account

    In dealing with my grandmother's estate (I was the functional executor, while my father was the sit-back-and-let-your-son-do-all-the-work official executor), the first step is filing for an estate tax ID number (NOT your mother's SSN - the TIN would be like a business format: xx-xxxxxxx. Still 9...
  12. MooreBonds

    The 9.9% - The New American Aristocracy - Atlantic Article

    Factor in the "value" of Social Security, and all of the various other programs that transfer cash via welfare, Medicaid, and various other social programs. Then re-run the numbers. I dare say that adding just a few trillion here and there to the bottom 50% will do quite a bit in propping up...
  13. MooreBonds

    The 9.9% - The New American Aristocracy - Atlantic Article

    One thing that these "inequality" articles fail to factor in is globalization. Around 1980ish, companies in the US started to benefit more from globalization and trade. So if a company is deriving profits (and wealth) from other countries, why is that wealth being acquired at the detriment of...
  14. MooreBonds

    Ever Heard of Fake Receipts?

    You mention the fake receipt is a long drive away - surely the murderer would have to stop to refuel/recharge the car? Didn't know if you had the "aha" moment by the ADA when some small, podunk gas station happened to have some unexpected camera setup that showed the murderer pulling into the...
  15. MooreBonds

    Preferred Stock Investing-The Good , The Bad and The In Between 2015 - 2020

    Enbridge Series 1 - Got in at about 6.87% yield Looking around at the various Enbridge preferreds, I saw their Series 1 with a little higher yield. It pays out in US$, with a fixed 3.14%+5 year US Treasury. Rate reset was in 2018. Currently pays $.37182/quarter (US$) until 6/1/2023. I called...
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