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It think it's more that Chicago is actively driving out the successful. Besides the rampant crime, you also get the possibility of wind up like the McCloskeys if you try to protect yourself from it.

This is the kind of article that feels like it's meant to manipulate you. Taking a few minor anecdotal data point and turning that into " America’s Billionaires Love Japanese Stocks." It's like they're trying to emotionally manipulate you into FOMO.

No fee that I've noticed. I set it up as a direct debit from a checking account. Every month the difference between the purchase price of a new bill and the face value is deposited back to my account. You might be able to set something like that up through Schwab, but I like having the...

Auto reinvests for 24 months and then goes back to the chosen account. I suppose the problem i seen with the ETFs is that they hold longer durations at lower rates. So I get the risk of actually seeing a decline in value if rates go up, and I'm rewarded for that with a lower interest rate. I...

Not TIPs. Buy actual 1 month t bills. Maximum purchase is $10 million dollars for non-competitive bid. Currently paying 5.54% Can set to autorepurchase up to 24X Yield on SHY is 4.97%. To be fair I do have a little bit in TBLL, but most of my cash on the sidelines is in directly held 1month...

Why not just buy 1 month t bills on Treasury direct? You get a higher interest rate and can get out within 1 month of deciding to do so. Why buy the crappy part of an inverted yield curve?

Are you freaking kidding me? Is this the level of privacy you provide your clients? 1) Freedom from unreasonable search is a founding principle of American democracy. 2) People need to learn to mind their own damn business. If the government believes they have a legitimate need for...

You're looking at long term fundamentals but looking for a return within weeks. The expectations seem to be the problem. I like long term, good deals on stocks, but I also recognize that the reason they're such a good deal in the first place is that for some reason the market doesn't like...

What part don't I believe? Every part that has not been audited. Aka all of it For a company of this claimed size not to have audited financial statements is a hilariously obvious indicator of fraud.

It's going to be interesting to watch some large institutions get cleaned out by people who tweak their issues to look good to algorithms. I find myself more interested in the opinions of old school investigators who will pay someone to go find out that business xyz has cobwebs growing across...

I doubt it. The most interesting part of the book " The Death of Money" is where the author talks about his previous work in market surveillance and using it to predict acts of terrorism. As soon as they mentioned that it could also be used to detect insider trading, they got shut down. I have...

Maybe before payment for order flow that was true. Now if Citadel isn't making money they're not going to be able to cut those checks to retail brokers.

I do believe Dumas Count of Monte Cristo had unlimited credit. https://etc.usf.edu/lit2go/180/the-count-of-monte-cristo/3315/chapter-46-unlimited-credit/

It's easy to say that but can you describe a testable strategy that will actually make money?

Doesn't list the French missippi company. At one point the market cap of the company was higher than the value of all the real estate in France. Only ever had a tiny number of employees too. I suspect that "in history" is not really the case.

I would expect that you don't get the same tax advantages, plus you get an extra layer or cost and risk. Sometimes an ETF can simplify things like with an MLP, but here why pay someone else to do it? It's not like US treasuries are illiquid.

Now that they've shown their willingness to changes the rules mid game, is it really even worth playing? I have two examples in mind: 1) The London nickel nonsense https://www.reuters.com/business/london-metal-exchange-cancels-nickel-trades-after-price-doubles-2022-03-08/ 2) The GameStop...

You haven't covered your tax situation which is critical. You want to move at least a significant portion to a tax advantaged account so it can grow tax free. You'll only be able to move so much every year. The remaining portion I would buy into stocks or bonds according to whatever plan I...

Yes, it's annualized. The way I see it, if rates are moving significantly downward, you don't want your money locked you anyways. Yeah if rates fall 2% over the next year you'd do better by being in a 1 year note than a series of 1 months notes... But if rates are falling that much that fast...

The part I don't get is why buy a 1 year when a one month is paying more? If interest rates change you're going to reallocate between stocks and bonds anyways. Having a mix of expirations makes sense to me when the yield curve is not inverted. But in this market you're accepting less interest...