[no_such_reality]

[quote=SK in CV][quote=no_such_reality]How much time is she spending bird dogging that?

[/quote]

All of it.[/quote]

Hopefully it’s a hobby like enjoyment then.

I have a five year old, I prefer to spend my time bird dogging him on the tandem bike.

[no_such_reality]

Yea, that’s were I’m at. I’ve broken my networth down into piles.

This is my living pile. Everything goes sh*t, we’ve still got a roof over our head.

This is my security blanket pile, if a bunch of stuff goes to sh*t, I can still pay for the essentials my kids need to get them flying on their own.

The rest is the invest pile. into varying degrees of risk and effort.

As for you AARP card, it’ll show up 3 months before your 50th birthday.

[no_such_reality]

If the house is paid off, you’re only on the hook for the taxes, which will amount to $500/month +/- a couple hundred a month.

It’s a cash flow issue, risk issue, tax issue and time management issue. The paid off living arrangement minimizes the negative impacts of all four of those issues.

Sure, you could extract money, invest it, make more, pay taxes, spend time fretting, managing the investment etc, but it’s all on leverage.

Sometimes, leverage is good.

Sometimes leverage is bad.

[no_such_reality]

Complaining and or grifting consumers like credit card fraud are part of the cost of doing business.

Companies have figured out it’s more profitable to just let the small scale fraud go through than try to deal with and create a scene or hamper the occasional legitimate return.

Instead, the prices are just increased and the speed and efficiency of selling is increased while lower the quality.

It’s not even zero sum, it’s a decided negative for us. Much like having the ability to use credit everywhere. Convenient yes, but prices are higher, yes, even higher than you cash back or reward bonuses.

[no_such_reality]

you know flu, even those loser seminars may have something worth while.

When I was a snot nosed kid, I forked got pulled in and forked over good money for Carelton Sheet’s No Money Down collection.

Didnt’ go to a seminar, but did go through all his stuff. After spending a lot of time, going over it, I concluded, there’s some interesting approaches to getting a deal done and that I wanted to be nothing like the money grubbing a**hole he seemed to be promoting you needed to be to maximize dollars.

[no_such_reality]

How much time is she spending bird dogging that?

When I’ve looked at it, I feel like I’m setting myself to be worrying about the market every day for several hours.a day. Can you set up your trades and worry about the a couple days a month (sans nutttery like brexit)?

[no_such_reality]

At present, end of day Friday before a weekend, massive sell off on an already high trade volume day. Nothing out of the ordinary really, it’s a weekend, and traders don’t won’t to be holding anything over the weekend.

Monday, all those trader may continue to panic. Or they may start looking for how they’re going to make their numbers look good for the quarter. Ultimately, that’s all the vast majority of the money on the street really cares about, can they make their quarterly gain numbers look good. They’re deathly afraid of being notable below the market.

In the mean time, as Americans, we at this moment are looking to have a new refinance boom as rates push even lower. Europe and the UK are on sale at the moment for travel and leisure. Goods too.

How long that lasts is a good question, eventually all that money that’s trying to run around and not be left out of the musical chairs as to go back to finding bigger chairs.

[no_such_reality]

A lot of money is scurrying today. That in turn is vaporizing a lot of money.

Next week, where’s all that scurrying money going to go?

[no_such_reality]

I’ve pretty much learned over the last decade that I do much better when I stick with my program and ignore Brexit and any other issue du jour. The markets priced them in months ago. There are armies of analysts figuring out how to play it and they’re covering both sides.

Sure, occasionally, they’ll get it wrong and a single entity will be over exposed. I’m still not convinced LTCM which was resolved by the market or AIG, resolved by the Government, wouldn’t have actually created a healthier market long term should it have been allowed to fail.

So I stick with my process of spending an hour or so a month looking at my next move. When I react to things like Brexit, by the time it gets to the media and I react, I’m just running with the sheep. The market players moved months ago.

[no_such_reality]

[quote=flu].[/quote]

!

[no_such_reality]

LOL, 11% when polled by IBD and when presented as a third choice to two unpopular candidates.

Come election day, people will see about 8 candidates. They wonder who the ____ are six of them.

I’ve looked at the LP over the years. Sounds good on paper until you really start to think about it.

[no_such_reality]

[quote=AN]Again, your understanding of the Libertarian platform is incorrect and Gary Johnson’s policy specifically. Go here to see where he stands on those issues: https://en.wikipedia.org/wiki/Political_positions_of_Gary_Johnson.

Your examples is as correct as me pointing to Venezuela as what would happen if we let socialism run rampant in the US. Just because we want small government doesn’t mean we want no government. That’s as false of an assumption as saying Democrats want Communism because they want government to take care of the citizens cradle to grave.[/quote]

No, devil is in the details. They are light on them.

let’s look at the platform:
[quote]2.3 Energy and Resources

While energy is needed to fuel a modern society, government should not be subsidizing any particular form of energy. We oppose all government control of energy pricing, allocation, and production.[/quote]
[quote]
2.5 Money and Financial Markets

We favor free-market banking, with unrestricted competition among banks and depository institutions of all types. [/quote]

[quote]
2.8 Education

Education is best provided by the free market, achieving greater quality, accountability and efficiency with more diversity of choice. Recognizing that the education of children is a parental responsibility, we would restore authority to parents to determine the education of their children, without interference from government. Parents should have control of and responsibility for all funds expended for their children’s education.[/quote]

And basically all it ties back to property rights.

And that means it’s you versus Trump in the courts.

Or in a nutshell
[quote]2.9 Health Care

We favor a free market health care system. We recognize the freedom of individuals to determine the level of health insurance they want (if any), the level of health care they want, the care providers they want, the medicines and treatments they will use and all other aspects of their medical care, including end-of-life decisions. People should be free to purchase health insurance across state lines.[/quote]
That says nothing. And we aren’t going to let people die in the street so it’s empty prattle. There’s a reason why they got less than 1%.

[no_such_reality]

[quote=AN][quote=no_such_reality][quote=AN][quote=flu]LoL. As of tonight, you just threw away your vote 🙂

I’m writing in Gary Johnson, heh heh….[/quote]
Good for you. I voted for Gary too,, but I check the bubble instead of writing him in. Hopefully, this will get you to register as a Libertarian.[/quote]

I’ll actually write in Bernie myself, particularly in view of NBC/AP “calling” Hillary the presumptive nominee and saying she’s “clinched” the nomination.

In all likelihood, I should be switching my registration in democrat going forward. I’ve been protest voting for libertarians or others for cycles and since we’re essentially a one party state voting for more moderate dems is probably the way to go.

Libertarians sounds appealing when you say socially liberally and fiscally conservative but when I’ve looked at them in the past, it’s really more socially Laisse faire, fiscally conservative (we’re all on our own) and property rights.

In other words, things will be decided in the private sphere and courts. Ask anyone living next to a Trump development how that works out.[/quote]Your example with Trump is the exact opposite of what Libertarian believe. Johnson opposes using the eminent domain power to benefit private entities. So, under Johnson’s presidency, guys like Trump can’t buy the politicians to use eminent domain to take properties from the little guys. If anything, it’s exactly what Democrat is fighting more. Much bigger government. Which means that those will bigger $ will be able to manipulate and have much stronger pull than the little guy. So, your example is exactly why I hate the Democrats almost just as much as I now hate the Republicans. Just look at what they did w/ SCA-5 when they have the power and a special interest group was able to manipulate.

BTW, Laissez-faire is an economic system in which transactions between private parties are free from government interference such as regulations, privileges, tariffs, and subsidies. The phrase laissez-faire is part of a larger French phrase and literally translates to “let (it/them) do”, but in this context usually means to “let go”. So, it shouldn’t be used to describe social policies. But if you like to use it in that context, you can look at Gary Johnson and his platform vs Hillary vs Trump. He’s much more socially liberal than Hillary is. So, is it really that bad to be Laissez-faire when we can get the government out of our bedrooms and not putting people who use pot in jail?[/quote]

Yea, we tried that before, it was called the gilded age at the end of the 1800s. Company towns, “the jungle”,, Rockefeller refining oil and dumping the by product, gasoline, straight into the rivers and streams, rivers in Penn literally catching fire and monopolistic business practices pre Sherman act.

Recently we have CDOs, long term capital management and the S&L fiasco.

Seat belts, air bags, safety standards. Coal power… With no pollution controls. And of course Shkrelli.

Yea, I’ve seen Laisse faire.

Trump tends not to take properties via eminent domain, he buys them and then uses courts and money to force the neighbors to let him do what he wants.

[no_such_reality]

[quote=AN][quote=flu]LoL. As of tonight, you just threw away your vote 🙂

I’m writing in Gary Johnson, heh heh….[/quote]
Good for you. I voted for Gary too,, but I check the bubble instead of writing him in. Hopefully, this will get you to register as a Libertarian.[/quote]

I’ll actually write in Bernie myself, particularly in view of NBC/AP “calling” Hillary the presumptive nominee and saying she’s “clinched” the nomination.

In all likelihood, I should be switching my registration in democrat going forward. I’ve been protest voting for libertarians or others for cycles and since we’re essentially a one party state voting for more moderate dems is probably the way to go.

Libertarians sounds appealing when you say socially liberally and fiscally conservative but when I’ve looked at them in the past, it’s really more socially Laisse faire, fiscally conservative (we’re all on our own) and property rights.

In other words, things will be decided in the private sphere and courts. Ask anyone living next to a Trump development how that works out.

[no_such_reality]

[quote=flu]
I didn’t use to care about politics as much, but I actually took the time and started looking at what each and every candidate has said, which has definitely been an eye opener….[/quote]

OMG, you’re going to vote for Bernie. 😉

Isn’t that the crux though. You have to look at what they say, but then know what they say doesn’t really mean anything, it may just be what polls. Or in the case of Donald, a good hard look at his real personality which, reminds me of every half-rate CEO I’ve ever met.

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