Search found 1731 matches

by pmward
Mon Dec 14, 2020 11:36 am
Forum: Politics
Topic: The New Republican Populism (personal Trump references not allowed)
Replies: 206
Views: 53265

Re: The New Republican Populism (personal Trump references not allowed)

it's not really that much cheaper to manufacture in China than here these days. How do you figure? Labor costs are still massively lower in China, especially when you factor in benefits such as health care and retirement plans. They're not really that much cheaper these days. Look at what wage grow...
by pmward
Mon Dec 14, 2020 11:11 am
Forum: Politics
Topic: The New Republican Populism (personal Trump references not allowed)
Replies: 206
Views: 53265

Re: The New Republican Populism (personal Trump references not allowed)

You can count me as undecided on the minimum wage issue. I can make an argument both ways. I think a minimum wage is kind of a bandaid though instead of a fix. It's obvious that we have an issue with a "wealth gap" in our country that is a problem. It's also obvious that both parties see this gap bu...
by pmward
Mon Dec 14, 2020 10:57 am
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

I don't know if this has been discussed here already, but there is a nifty tool on https://www.politicalcompass.org/ which will allow you to take a test and see where you place on a graph where the boundaries are Auth/Fascism vs. Anarch/Libertarianism on one axis, and Communism/Collectivism Left vs...
by pmward
Mon Dec 14, 2020 9:58 am
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

And yet you just keep coming back. Why is that? That depends if you believe there is something wrong with not agreeing. I don't agree with a fair amount of the dogma on this board. It doesn't mean there isn't benefit in reading and considering the well thought out arguments that the other side has....
by pmward
Mon Dec 14, 2020 8:57 am
Forum: Politics
Topic: The New Republican Populism (personal Trump references not allowed)
Replies: 206
Views: 53265

Re: The New Republican Populism (personal Trump references not allowed)

If minimum wages seriously hurt employment, how do you explain that the US reached some of its best (i.e. lowest) unemployment rates circa 1966-1969 when the minimum wage was at an all time high in real inflation-adjusted (and CPI deflator or NDP deflator productivity-adjusted) terms Empirical resu...
by pmward
Mon Dec 14, 2020 8:53 am
Forum: Politics
Topic: What's Trump's next move?
Replies: 40
Views: 10362

Re: What's Trump's next move?

I think he is going to try to get objections in both the house and senate for the Jan elector count. That will stir up some more drama. Ultimately that will fail though, because even if some state electors go to a vote of confidence, there's no way both house and senate would give a majority vote. B...
by pmward
Mon Dec 14, 2020 8:44 am
Forum: Politics
Topic: The nastiness may have only begun
Replies: 11
Views: 2356

Re: The nastiness may have only begun

I think once Trump is out of the way, if Biden does stick to his plan he will be able to earn the respect of Republican politicians by being willing to work with them and acknowledging their voice and opinion as legitimate. Especially so if he can lead Pelosi to lower her partisan brick wall and ta...
by pmward
Mon Dec 14, 2020 8:42 am
Forum: Variable Portfolio Discussion
Topic: Why I think 2021 will be a blockbuster year for stocks
Replies: 61
Views: 16382

Re: Why I think 2021 will be a blockbuster year for stocks

once you get in to leveraged funds one can do it . but that is not the normal portfolio .... you cant even find those choices in 401k's . that is where most workers do their investing and growing their money. there are ways of doing it with futures and options too but those are going to be the outl...
by pmward
Sun Dec 13, 2020 6:44 pm
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

I fail to understand the point of this post. Is it to demean people or just label people in a way that makes it easier to think they are stupid or their opinion is somehow less valid? I guess I don't see it given that most people here are respectful and thoughtful in their responses even when they ...
by pmward
Sun Dec 13, 2020 5:23 pm
Forum: Variable Portfolio Discussion
Topic: Why I think 2021 will be a blockbuster year for stocks
Replies: 61
Views: 16382

Re: Why I think 2021 will be a blockbuster year for stocks

Way way way to short a time frame so far to be a typical accumulation period which runs 25-40 years .....remember we are talking those with decades to go . I know of no portfolio to date that has beaten 100% equities without it being an outlier if at all over an accumulation stage Did you actually ...
by pmward
Sun Dec 13, 2020 2:16 pm
Forum: Variable Portfolio Discussion
Topic: Why I think 2021 will be a blockbuster year for stocks
Replies: 61
Views: 16382

Re: Why I think 2021 will be a blockbuster year for stocks

actually study after study shows that those who lack pucker factor with 100% equities over the long haul , just have lower poor investor behavior points and balanced portfolios show the same poor behavior . very few with low pucker factor look at losses in balanced portfolios as anything but losses...
by pmward
Sun Dec 13, 2020 10:52 am
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 3859

Re: PP* Portfolio

Reducing cash is the easiest way to apply leverage to the PP. I think 25% cash is great for a retiree, or someone close to retirement. But for someone who is young and in accumulations I think reducing cash down to something like 1 year of expenses would probably do the trick, especially since cash ...
by pmward
Sun Dec 13, 2020 10:48 am
Forum: Politics
Topic: Trump isn't a very good dictator
Replies: 11
Views: 1764

Re: Trump isn't a very good dictator

Does anybody here actually take SomeDude's opinion seriously? I've personally reached a point that I basically ignore anything he says. Someone can only be wrong so many times before you just stop taking their opinion seriously.
by pmward
Sun Dec 13, 2020 10:44 am
Forum: Variable Portfolio Discussion
Topic: Why I think 2021 will be a blockbuster year for stocks
Replies: 61
Views: 16382

Re: Why I think 2021 will be a blockbuster year for stocks

actually study after study shows that those who lack pucker factor with 100% equities over the long haul , just have lower poor investor behavior points and balanced portfolios show the same poor behavior . very few with low pucker factor look at losses in balanced portfolios as anything but losses...
by pmward
Sun Dec 13, 2020 10:42 am
Forum: Variable Portfolio Discussion
Topic: Why I think 2021 will be a blockbuster year for stocks
Replies: 61
Views: 16382

Re: Why I think 2021 will be a blockbuster year for stocks

All I know is that classic trend following guys will suffer a lot ;-) Joke apart, the common belief is that volatility is here to stay, concur with that as well. Whether it would be nasty blood-draining trendless volatility or still with bullish bias - does it really matter if one is not able to di...
by pmward
Sat Dec 12, 2020 11:48 am
Forum: Politics
Topic: Texas sues to have the state legislatures appoint the electors
Replies: 147
Views: 24120

Re: Texas sues to have the state legislatures appoint the electors

I will agree Time should not have made them persons of the year. Person/thing of the year should have been easy: the virus. That's exactly what I thought when I saw the Time cover! The world is ending, I'm with Corto on something (just kidding, I'm with you on a lot of stuff, just don't always say ...
by pmward
Sat Dec 12, 2020 11:42 am
Forum: Politics
Topic: The New Republican Populism (personal Trump references not allowed)
Replies: 206
Views: 53265

Re: The New Republican Populism (personal Trump references not allowed)

I said in my post that Biden is not necessarily a far-left progressive. But, he is surrounded by those, and his VP is certainly that. So I rather expect that the progressive, far-left agenda will dominate his Presidency. I would say the opposite of his VP and those he is surrounded with. I think th...
by pmward
Sat Dec 12, 2020 11:11 am
Forum: Politics
Topic: The New Republican Populism (personal Trump references not allowed)
Replies: 206
Views: 53265

Re: The New Republican Populism (personal Trump references not allowed)

The NRP as I've described it prioritizes policies that support the existence and health of the American middle class, and American prosperity in general. It also forswears identity politics, in which certain self-selected or racial groups are elevated to an artificially high status, whereas other g...
by pmward
Sat Dec 12, 2020 10:36 am
Forum: Other Discussions
Topic: Reconciliation
Replies: 3
Views: 965

Re: Reconciliation

Great post and I agree on all accounts. I'm a moderate independent myself, and there are things I both like and dislike on both sides. But yeah, the echo chambers on both sides are problematic. The real answer is always somewhere in the middle. If both sides cannot meet in the middle, then the middl...
by pmward
Sat Dec 12, 2020 9:59 am
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

Yes, discovering that has refreshed my hope that reasonable voices on the "political right" still exist. Based on discussions here I was beginning to wonder whether the differences of opinion were even bridgeable....now I'm thinking maybe this gyro forum has just attracted a special type of charact...
by pmward
Sat Dec 12, 2020 9:54 am
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

I have Facebook friends who ranted about facism all throughout the Obama administration and advocate "small government", and soon as Trump gets elected they buy giant Trump flags and basically swear allegiance to the police and military and won't question anything the dear leader says or does. Argu...
by pmward
Sat Dec 12, 2020 9:41 am
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

The more I read through this thread the more I keep thinking that I could actually sit down, have a beer, and have a constructive and enjoyable political discussion with these people. They seem so much more reasonable, open minded, and free of all the alt-right tinfoil hat conspiracy theory non-sense.
by pmward
Sat Dec 12, 2020 9:30 am
Forum: Politics
Topic: The nastiness may have only begun
Replies: 11
Views: 2356

Re: The nastiness may have only begun

I hope she doesn't really consider this. I don't think Biden would support that. Biden has been saying over and over that he wants to create an environment of "compromise" and "working across the isle". He has shown no desire to stoop to Trumps level, to try to get revenge, or even to attempt to de...
by pmward
Sat Dec 12, 2020 9:26 am
Forum: Politics
Topic: Libertarians of Reddit
Replies: 109
Views: 19946

Re: Libertarians of Reddit

Republicans voters that are too embarrassed to admit they support the GOP call themselves libertarians. To be clear here, American libertarianism has always been primarily populated by right-wing authoritarians that do not want to identify as conservatives. The libertarian to alt-right pipeline exi...
by pmward
Sat Dec 12, 2020 9:15 am
Forum: Politics
Topic: The nastiness may have only begun
Replies: 11
Views: 2356

Re: The nastiness may have only begun

I hope she doesn't really consider this. I don't think Biden would support that. Biden has been saying over and over that he wants to create an environment of "compromise" and "working across the isle". He has shown no desire to stoop to Trumps level, to try to get revenge, or even to attempt to def...