Search found 829 matches

by jalanlong
Thu Feb 09, 2023 9:49 am
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 29434

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

I don't see anybody saying that the value of a stock wouldn't be higher if the company didn't pay a dividend. Except of course for all the dividend investors who would dump it. I also don't think there's a thing wrong with a company being an engine that throws off money. That is, after all, the poi...
by jalanlong
Wed Feb 08, 2023 6:40 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 8640

Re: The Dems Set Some of the Darnedest Precedents

Can you explain how you are an extreme fiscal conservative but yet voted for Tulsi Gabbard? She does not differ from mainstream Democrats on fiscal policy much at all except in her objection to wasteful war spending. Her views on national health care and government intervention into free markets (e...
by jalanlong
Wed Feb 08, 2023 6:23 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 29434

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

But your investment is being d sold off ..every dividend has your portfolio value reduced by the same amount paid out . The company selling off a piece of your share price is no different than you selling equal dollars off your portfolio via share or piece of a share since you can now buy and sell ...
by jalanlong
Wed Feb 08, 2023 5:31 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 29434

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

That is false logic . Dividends are withdrawals like any other withdrawal . Withdrawals are always dependent on portfolio values … It is total returns and the sequence of returns that determine withdrawals and withdrawal success rates , not whether the company makes the withdrawals for you or you d...
by jalanlong
Wed Feb 08, 2023 4:47 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 29434

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Schiff's problem is the same one that afflicts a lot of others. Ideologically based investing is dangerous. Schiff has drunk deep from the Austrian School's kool-aid and is a confirmed gold bug. Once upon a time I was there as well. But I've moved on. Yeah, Schiff is also very very certain that he'...
by jalanlong
Wed Feb 08, 2023 4:18 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 8640

Re: The Dems Set Some of the Darnedest Precedents

Aside from owing $2,000 in student loan debt after the last two years of undergraduate school followed by a year to get a masters I have never had any other debt - unpaid credit card, car loan, house mortgage. I have lived a super frugal life, way below my means. Quite un-American. Have you ever es...
by jalanlong
Wed Feb 08, 2023 2:02 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 8640

Re: The Dems Set Some of the Darnedest Precedents

Aside from owing $2,000 in student loan debt after the last two years of undergraduate school followed by a year to get a masters I have never had any other debt - unpaid credit card, car loan, house mortgage. I have lived a super frugal life, way below my means. Quite un-American. Have you ever es...
by jalanlong
Wed Feb 08, 2023 12:32 pm
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 8640

Re: The Dems Set Some of the Darnedest Precedents

Can you explain how you are an extreme fiscal conservative but yet voted for Tulsi Gabbard? She does not differ from mainstream Democrats on fiscal policy much at all except in her objection to wasteful war spending. Her views on national health care and government intervention into free markets (e...
by jalanlong
Wed Feb 08, 2023 11:31 am
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 8640

Re: The Dems Set Some of the Darnedest Precedents

Not that my endorsement means anything, but Vinny is one of the most non-partisan members of this forum. LOL, why don't you ask him when the last time he voted for a Republican is. I have this as part of my "political" email signature: "Another independent moderate who voted for a Re...
by jalanlong
Tue Feb 07, 2023 1:33 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 29434

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Schiff's problem is the same one that afflicts a lot of others. Ideologically based investing is dangerous. Schiff has drunk deep from the Austrian School's kool-aid and is a confirmed gold bug. Once upon a time I was there as well. But I've moved on. Yeah, Schiff is also very very certain that he'...
by jalanlong
Sun Jan 29, 2023 2:51 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 2012404

Re: Coronavirus General Discussion

I dont necessarily object to gain of function research. But its interesting how this story was scrubbed for several days, and how most of family will never hear about it. People are living in different realities if they dont seek out contrarian news sources. When everyone had to read NYtimes, WSJ e...
by jalanlong
Sun Jan 29, 2023 1:17 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 2012404

Re: Coronavirus General Discussion

I dont necessarily object to gain of function research. But its interesting how this story was scrubbed for several days, and how most of family will never hear about it. People are living in different realities if they dont seek out contrarian news sources. When everyone had to read NYtimes, WSJ e...
by jalanlong
Fri Jan 27, 2023 5:54 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 2012404

Re: Coronavirus General Discussion

Yes, in Plano. Outside the Plano DPS when my wife went to get her license there was an employee standing outside shouting that this is a Federal Building and mask mandates are in effect. They are still by appointment only at that location. There shouldn't be anything federal about the Plano DPS. Th...
by jalanlong
Fri Jan 27, 2023 12:03 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 2012404

Re: Coronavirus General Discussion

I went into a big chain hospital today. No masking requirements for entry or otherwise. I gather that this is still not the case in some US states? In my part of Western Massachusetts it is always masks for anything medically related. I think that might be the only places where that is the case. No...
by jalanlong
Fri Jan 27, 2023 8:17 am
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 2012404

Re: Coronavirus General Discussion

I went into a big chain hospital today. No masking requirements for entry or otherwise. I gather that this is still not the case in some US states? In my part of Western Massachusetts it is always masks for anything medically related. I think that might be the only places where that is the case. No...
by jalanlong
Thu Jan 19, 2023 10:50 am
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5196
Views: 2012404

Re: Coronavirus General Discussion

https://reason.com/2023/01/19/facebook- ... ensorship/

Not that this is surprising but interesting nonetheless. I especially like that Facebook employees referred to the CDC as "collegues."
by jalanlong
Wed Jan 18, 2023 2:40 pm
Forum: Other Discussions
Topic: The State of the Economy
Replies: 9
Views: 1093

Re: The State of the Economy

Yes, the politician are the ones who are creating this debt but it is ultimately the electorate which is allowing and supporting them in doing so with all the "must have's (NOW!)" that the electorate demands. George Will once brilliantly described the American people as talking like Jeffe...
by jalanlong
Wed Jan 18, 2023 12:28 pm
Forum: Other Discussions
Topic: The State of the Economy
Replies: 9
Views: 1093

Re: The State of the Economy

Cullen Roche has written some interesting articles regarding debt and the economy, etc: The Biggest Myths in Economics Be sure to check out the related posts he's listed for more details. Excellent link. Thank you for sharing #10 Fallacy of Composition is relevant here. https://www.pragcap.com/say-...
by jalanlong
Wed Jan 18, 2023 12:03 pm
Forum: Politics
Topic: The Left is Eating Itself Pt. II
Replies: 850
Views: 455990

Re: The Left is Eating Itself Pt. II

https://nypost.com/2023/01/11/wells-fargo-to-focus-on-home-loans-for-minorities/?utm_medium=email&_hsmi=2&_hsenc=p2ANqtz-8Nx9eUZxrHwwUUUPfuXk125pkhAIV0BR2OZwcrLjBUIILPWkmavo8-UTH3xGcZIfe1IiHllkFXtKgIQ-t_t5uWjySiMzpJcSXNW0-ArQYX5DpVSc4&utm_content=2&utm_source=hs_email Is this somethi...
by jalanlong
Mon Jan 16, 2023 3:56 pm
Forum: Politics
Topic: Mar A Lago documents
Replies: 114
Views: 18344

Re: Mar A Lago documents

Maddy, my anecdotal experience is in line with yours. To me, the most important thing is that so many people expect to be taken care of by other people or the government. Playing video games is so much easier than having to work to support yourself. Sad. On the brighter side, I do know many younger...
by jalanlong
Sun Jan 15, 2023 8:36 am
Forum: Politics
Topic: Mar A Lago documents
Replies: 114
Views: 18344

Re: Mar A Lago documents

Speculation abounds that it's the democrat party itself that arranged to "find" those documents. I have to admit it's a fetching theory. Now that the economy is in shambles, the financial system is on the verge of collapse, cities are overrun with crime, and increasing numbers of people a...
by jalanlong
Sat Jan 14, 2023 5:24 pm
Forum: Permanent Portfolio Discussion
Topic: Defensive moves when lunatics are running the asylum?
Replies: 20
Views: 5085

Re: Defensive moves when lunatics are running the asylum?

My portfolio now consists of my house, a lot of cash and boring, stodgy dividend stocks from tobacco and alcohol companies, railroads, utilities, gas pipeline companies etc. etc. I have no idea if it will make it thru the debt apocalypse but I’m rolling with it.
by jalanlong
Fri Jan 13, 2023 12:24 pm
Forum: Politics
Topic: Mar A Lago documents
Replies: 114
Views: 18344

Re: Mar A Lago documents

Was the reason for the raid that the former President was in possession of the documents? Or was it that he allegedly refused to give them back? Or was it something else? I'm just looking for the official reason, whatever it may be worth. Did a Bing search and could not find a direct answer to your...
by jalanlong
Thu Jan 12, 2023 10:16 am
Forum: Politics
Topic: Mar A Lago documents
Replies: 114
Views: 18344

Re: Mar A Lago documents

During an interview on "60 Minutes" from September, Biden was asked about the viral photograph of top secret documents spread across the floor by the FBI following the raid of former President Trump's Mar-a-Lago home. "When you saw the photograph of the top secret documents laid out o...
by jalanlong
Wed Jan 11, 2023 12:00 pm
Forum: Cash
Topic: Single-bond ETFs
Replies: 13
Views: 8379

Re: Single-bond ETFs

Single-bond ETFs may be the key to revolutionize trading Treasurys This does seem like a very convenient way to get exposure to (for example) 3-month T-Bills, via the ETF TBIL. However when I click on the ticker link from that article it looks like the fund is way more volatile than I would have ex...