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  1. K

    yellen says the fed needs to do more!!!! what else would she say

    we can create as much money we need the only constraint being inflation when you are seriously concerned about inflation let me know
  2. K

    How McDonald's and Wal-Mart Became Welfare Queens

    piezoe, you can't have your cake and eat it too. As long as the owners (you, me and anybody who has a 401k, or union pension plan, or an IRA invested in the stock market) treats labor as an expense, like aluminum, or crude, or handling and shipping, we will always try to come up with a way to...
  3. K

    Investment Manager Explains Why 99.5% Of Americans Can Never Win

    eating principal should be part of your long term plan. It has nothing to do with over spending. If you reinvested your dividends or excess funds from SSI or pension in the good times, it is now waiting for you in the lean years of practically zero interest rates throwing off nothing but...
  4. K

    Investment Manager Explains Why 99.5% Of Americans Can Never Win

    ??? well-off people have principal to eat. It was money saved for a rainy day. Money in stocks doesn't need to be touched. Money that was in bonds is probably best used converted to cash and eaten.
  5. K

    Humanity Is Getting Verrrrrrry Close To Extinction

    yes, biologists have charts showing the dominant species. For he most part, it is kind of static. But then there was a time when dinosaurs become so dominant that on the charts they dwarfed all other species. There's no way any more to make the charts relevant. When you look at the charts today...
  6. K

    Investment Manager Explains Why 99.5% Of Americans Can Never Win

    bonds have been very good to me for the last ten years. I was 50/50 bonds stocks all through the 2008-9 debacle. But those days are gone. Moving sideways to shorter duration no longer makes sense because the difference is just fractions of a basis point. I'm better off reinvesting dividends...
  7. K

    Investment Manager Explains Why 99.5% Of Americans Can Never Win

    there's nothing wrong with eating principal. That's what it is there for. It would be easier if you knew exactly how long you were going to live. I'm eating principal right now out of a money market fund which inflation adjusted is paying me a negative return. Everything else is asset allocated...
  8. K

    waking up in the morning

    drowsiness during the day is a symptom of sleep apnea. It is very common in males middle age and above or overweight. It's expensive to get diagnosed, but you can buy the machine they will prescribe for about $500. The deal is, even though according to your alarm clock, you have slept for 8...
  9. K

    How McDonald's and Wal-Mart Became Welfare Queens

    pay them a penny for every hamburger served. first question prospective employee asks management at job interview, "What are the sales projections for the upcoming year?" "Is there a bonus if we exceed the daily quota?" "If business is good, do we have to close at midnight?"
  10. K

    Why Do People Trade?

    the point I was making is, everybody should be a trader. Even if you work in a factory. You trade your time, labor, and experience. There's a certain group of elitists who look down on employees and view them as incapable of trading. I'm just a common man, and encourage everybody to...
  11. K

    Which language has the sexiest accent

    because sometimes trading is excruciatingly boring, especially on a Sunday night, and you just want to bullshit with somebody to prove that you are still alive, and you make a check call to see if you are the last person on earth, or if there are others out there. I don't know, none of those...
  12. K

    Why Do People Trade?

    well, they were suppose to take your case regardless of what the payout would be, because they were "professional" and operated just like your doctor or college professor. At least, that's the way it was back in the days of "Leave It To Beaver." (or so we believed.)
  13. K

    Why Do People Trade?

    It comes at a price When you lose more in four hours than you use to make in a month at your old w-2 job It can give you pause for concern
  14. K

    Why Do People Trade?

    "best"? Why would it be better for me to be a "large business leader"? I don't have the skills, or the patience or the desire. And what would it buy me? Nothing but aggravation. I already have everything a man like me could want or desire. It comes at a price. The first time I got a w-2...
  15. K

    Why Do People Trade?

    right now, the unemployment rate Is about 7.2% (if you don't count those of us that have just given up.) When it finally gets to 100% we will have arrived at total freedom. It's just a matter of how you view yourself. Are you an employee, or are you a trader?
  16. K

    Why Do People Trade?

    couldn't agree more. It gets lost when people start trading labor or time (just punching a time clock), and they start treating themselves (or their politicians do it for them) as employees (paid slaves.) All dignity is lost.
  17. K

    Why Do People Trade?

    yes, that is what we use to call "professional." Doctors, lawyers, teachers. They did their job to the best of their ability, and their compensation was not directly tied to their performance. They were held in high esteem above common ordinary "business men".
  18. K

    Why Do People Trade?

    That is your reply? That is as deep as you can think? You can't come up with a coherent counter argument? All you can say is "Bullshit!" Not just bulllshit, but "total and utter". That's the best you got? Have you really thought this through? Or did I strike a nerve which caused a knee jerk...
  19. K

    Why Do People Trade?

    Trading is the only respectable profession known to man. If you are not a trader you are an employee, just one step above slave. According the United States Federal Government, half my family was considered to be "Farmers." Good for them, because they all were exempt from the WWII draft...
  20. K

    Investigation Into Rigging The Global Currency Market

    ??? what's the point? If you are a retail forex trader you already know these inside deals are being made. It is quite obvious when they need to buy the first thing they do is sell everything. Who is the nanny state trying to protect now? Retail forex gamblers like me? Why don't they just...
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