Smartie's Bar & Grill #71

Discussion in 'Member Casual Chat' started by Smartmouthwoman, Feb 20, 2019.

  1. MMC

    MMC Well-Known Member

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    Thanks D.....make sure the Replacements are women and let them know I like Cherry Pie too. [​IMG]


     
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  2. MMC

    MMC Well-Known Member

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    Okay, so what you are saying is you will need to show her the ropes, and since you Joisey Girls like to wear Hats. Now for you, You can Leave your Hat On.

     
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  3. Ddyad

    Ddyad Greeter Staff Member

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    I am in a similar position. I cashed in my big gainers during the recent highs. I think there will be a correction before there is a China trade deal.

    If I am wrong we will both miss out on a huge rally. That would really suck - but not as bad as losing all our gains.
     
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  4. MMC

    MMC Well-Known Member

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    Been there, done that. Just sayin. [​IMG]

     
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  5. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    Missing out is always bad, but I need to set myself for retirement (In six months... if I make it.). I'd rather not lose my donkey, though. Besides, I got enough to live on, unless I pick up a trophy wife.

    I'm going to consolidate my retirement accounts. The 401k is nowhere near as flexible as my IRA. I have much better income generating, and capital appreciation options there.
     
    Last edited: Mar 14, 2019
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  6. MMC

    MMC Well-Known Member

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    Awww-ight people of the Strange Brews.....we have our first day of 65 degree weather here in the Big City. [​IMG]


    Sunshine.....thunderstorm with heavy rain and 30-50 mph gusts of wind. The rain stops to let the sun come out for like 10 minutes and then its back to dull dirty grey skies. But hey.....its warm out there. [​IMG]


    Of course it wont last long and tonight we go down to 35 and more thunderstorms and heavy rain with a high of 40 tomorrow. [​IMG]
     
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  7. Falena

    Falena Cherry Bomb Staff Member Past Donor

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    If we have birthday cake Ill put a candle in the livingroom if someone needs to blow a candle out.
    Dont take a deep breath and blow out spit spray mist on the cake. I skeeve it.
    Just tell us when the candle's out so we can clap. We'll be in the kitchen eating spit free cake.
     
    Last edited: Mar 14, 2019
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  8. Falena

    Falena Cherry Bomb Staff Member Past Donor

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    Sorry I missed your birthday yesterday, MMC.

    Happy Birthday!

     
    Last edited: Mar 14, 2019
  9. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    And another thing:

    Truck drivers get to see economic activity up close.

    There are A LOT of truck drivers sitting around.
     
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  10. Ddyad

    Ddyad Greeter Staff Member

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    That is a very bad indicator. IOW, we both made the right move.
    Thanks for cheering me up with the bad news! ;-)
     
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  11. Ddyad

    Ddyad Greeter Staff Member

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    You can't study dividend stocks too much. Good ones are probably the safest investments, but they are not risk free
    Bonds and annuities are now, IMO, very risky - I won't touch them.
     
  12. Foolardi

    Foolardi Well-Known Member

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    Is there still the 10% penalty for early withdrawal.?
     
  13. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    Yes; with some exceptions.
     
    Last edited: Mar 14, 2019
  14. politicalcenter

    politicalcenter Well-Known Member

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    Got the siding on the east side of the house and the scaffolding is down. The scaffold was made of 2x4 s and 2x6 walkboards. It was put together with T25 star head screws. Now that I have survived I can talk about it. The 2 by stuff can be reused. I made as few cuts as possible. Most are still 8 ft. long. I can also reuse the screws. They cost more than nails but they are easy to use and they make a tight joint. The wood doesn't bounce around like using hammer and nails.Just back them out and put them up for later . The solar porch light is also up and running. It has a motion detector.
     
    Last edited: Mar 14, 2019
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  15. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    I'm thinking about getting some of this, and waiting for the next interest rate scare.

    http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=TTT
     
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  16. Smartmouthwoman

    Smartmouthwoman Bless your heart Past Donor

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  17. Ddyad

    Ddyad Greeter Staff Member

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  18. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    The fund works in line with interest rates. If rates go up, and bondholders are getting killed, the fund's price goes up.
     
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  19. Ddyad

    Ddyad Greeter Staff Member

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    How fast can it adjust?
    Inflation can go up like as rocket
     
  20. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    Pretty much in real time. Interest rates and bond prices change from second to second.
    This fund only has about $50million in assets, so it doesn't trade every second.

    "The Market" predicts what its value should be, with each trade. So, there is some inefficiency. The fund itself, buys and sells securities as needed once a day, in order to keep the value of its assets in line with their goal of tracking opposite to bond prices.
     
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