rkbabang

If anyone follows this advice, which is logical, please don’t continue to vote for the exact same policies and types of politicians which made the state you are fleeing from a high tax state, because that is exactly what most people do and it is anything but logical.

They are "interesting income." I've never seen it used as a verb that way.

It doesn’t just say “always”, it says “has always”. There’s a big difference. “Always” implies “has always and will always”, where “has always” is just an observation about the past. And as we’ve all heard, past performance isn’t necessarily indicative of future results.

Agreed. I've owned EPD in the past. Being sick of the the K-1 was the reason I sold it when I was looking for funds to put into something else. Right now I don't have any partnerships with K-1 forms.

Things I own that fit: Most I've owned 3=5+ years with dividend reinvestment on. PRBA/EC/GENGF for about a year and WEN just recently (thanks Gregmal): REITs that I own: SEVN, AIV, FRPH Pipelines: WMB Dividend: PRBA, EC, NVEC, GENGF, BAM, and recently added a little WEN.

Right now Nvidia is up over 6% over the last 30 days. Yes horrible sign.

I have only initiated 1 new small position (SMLR) all the other buys have been adds to existing positions. I have bought in this order: MSTR, SMLR, MELI, GENGF, FRFHF, VAL, MSGE, CPNG, & FRPH. All of which I consider long term holdings.

This! The macro market situation is never screaming cheap except in retrospect. If the market is going down there is always the fear that it will continue to go down a lot more, and whenever the market is going up there is the fear that you missed it and are too late or that it is about to collapse. Best to just focus on individual stocks and forget the rest. If you are investing in an index just dca into it and know that you'll get the bottoms as well as the tops. Remember from mid-2022 to mid-2023 when everyone was sure the market was going to collapse. This was my post from more than a year ago in one of these macro threads: Can you imagine being out of the market for the last two years because everyone knew it was going to collapse?

Insurance is lower because it’s less regulated and not required by law. My insurance went down by more than half when I moved from MA to NH. Same cars, same drivers, same coverage, same insurance company, less than half the price.

Does anyone know how these polls are collected? I don't answer calls from unknown numbers and I don't know anyone who does. Who exactly are they even talking to? I think modern polls are just scientific samples of what the elderly with landlines and very low IQ non-elderly people are thinking.

Subways may help in very densely populated metropolitan areas, but the US is relatively lightly populated. There will never be a subway in Wyoming or New Hampshire. Also the US is huge. Texas, for example, is gigantic, you aren't building public transportation to get from any point in TX to any other point in TX. It just isn't feasible. If we had 1.5 Billion people squeezed into half the land, sure, but not currently. This and the fact that Americans do not like public transportation. We'd pay many times the cost and spend much more time commuting to avoid riding in shared vehicles. There is nothing like owning your own means of transportation and not having to sit with 50 other people on your way to work or the airport. It's bad enough we have to sit in crowded planes. If there was a way to fly long distances individually at a reasonable cost, we'd do that instead.

I was on the highway last summer and was behind this old beat up motorcycle with a milk crate bungee corded to the back of it. The guy driving it had a long beard, no shirt, no helmet, and a shotgun strapped across his back. All legal here of course. I love this this state.

Yeah, this is one of those things that will eventually change everything, like fusion, but the tech isn't there yet. It will start with air taxis and the wealthy owning fully autonomous air cars. Then the upper middle class will own their own, then everyone. Roads will be local, for bike riding and walking on. The highways system will be for trucking goods long distances, much more efficiently than now due to the lack of private travel on them. This won't happen until 1) Efficient way to power them. 2) Fully autonomous control is developed. (the average Joe driving his own air car manually is a non-starter). 3) Government gets out of the way, or at least changes laws to allow this with regulations that make sense. https://www.newsweek.com/map-states-flying-cars-legal-1930345

People would think it crazy if you suggested that government control all food production and distribution. Everyone knows that they can’t efficiently manage mail delivery or Amtrak. But people think somehow government is the best institution to manage important things like the justice system and the education of children. And can’t believe it when they discover that these institutions only really serve the wealthy and/or powerful.

One reason to own a portion of your wealth in Bitcoin if you live in the U.S. ”But where do we go to get our lives back? Can you imagine being a mom of 4 and learning on a random Tuesday in May that your bank accounts were empty? EMPTY. Do you understand the terror of an FBI raid? Who will help us? Who polices the police?”

Fair enough. If you are getting an opportunity for each stock you are wanting to buy at least once per year then you aren't looking for something to be unrealistically cheap.

Yeah, you and everyone else. While your waiting for the perfect stock at the perfect price, many people will just buy high quality companies at fair to just OK prices and make out well. The best long term performing stocks never look cheap.

Added to MSTR, GENGF, and a small bit to SMLR.

I would also say school has gotten worse for children as well. My kids had a much tougher time in school than I did. In high school I was able to skip school when I felt like it, leave during the day and come back when I felt like it. We had a smoking area in my high school, where tobacco and things other than tobacco was frequently smoked. I had very little homework. An hour per day was a bad day. My kids were in buildings locked down like prisons, they couldn't leave, the school would contact us immediately if they didn't show up. Their homework load was insane. I am very happy I grew up when I did. I had it much easier than my children did.

—Milton Friedman

As Tether increases its Bitcoin holdings and the U.S. dollar eventually devalues, what happens to the value of Tether wrt the USD? Does it become untethered? Does it start trading as a proxy for the BTC it holds instead?

LOL

My son (24) has never gotten it. Unless he was unsymptomatic. Even though all his friends have gotten it, my wife and I have gotten it, and he’s worked with the public all through the last 4 years. My wife and I only got it once on a trip to Dominican Republic. Had we not gone there then we most likely wouldn’t have gotten it either.

Exactly. And when it inevitably goes to zero and it will (I believe I said exactly this in 2010 somewhere on this board, I am quite surprised the company still exists to be honest), people will be wondering why they didn’t get over $100M for it when they still could. Sure it’s not a significant portion of their portfolio anymore, but it isn’t nothing. Selling it is a signal to new investors that they understand their mistakes and are unlikely to repeat them.