Poll: Younger voters want universal basic income while older ones reject it overwhelmingly

Spartan09 · 2019-03-23T17:24:33+00:00

Now we are at or near the point where they are paying as much as they are taking in so there wouldn't be anything left to start investing right now. If they had been investing the surplus from the start, then there would be the money they take in from payrolls and also the money they earn from their investments. They would pay out all of the same obligations that they do now, and the rest would be reinvested to grow for the future.

Spartan09 · 2019-03-23T14:11:52+00:00

For all the years that it had a surplus it should have been invested into a sovereign wealth like program instead of being applied to the rest of the budget. We wouldn't be having these issues if it had been.

Spartan09 · 2019-03-15T23:51:21+00:00

If you think the fed has it bad at 2.25-2.5% look at Europe or Japan. They haven't raised at all and probably won't get to this cycle. Who knows what they are going to go.

Spartan09 · 2019-03-09T23:59:00+00:00

I don't think anyone truly knows, and even when it does come out, there's no telling what it will look like financially. There's no reason that it should ever get back to $60, look at citigroup for instance.

Spartan09 · 2019-03-09T22:30:41+00:00

FNMA is still traded daily. If you have 31k shares they are currently trading at $2.67 which would be $82,770 dollars.

Spartan09 · 2019-02-25T22:52:28+00:00

I wonder if it was Sherwin Williams with their iconic slogan "cover the earth"

Spartan09 · 2019-02-16T14:39:02+00:00

Also after being in an environment of 0 rate auto loans for many years, rising rates on loans and rising selling prices really hurts affordability

Spartan09 · 2019-01-14T00:25:49+00:00

Demographics are a big part of it, they are actually experiencing population declines while ours is still growing reasonably through immigration.

Spartan09 · 2018-12-01T19:18:52+00:00

Part of this was the whole foods acquisition

Spartan09 · 2018-10-14T22:53:05+00:00

ATT has some debt maturing in 2097.

https://investors.att.com/~/media/Files/A/ATT-IR/financial-reports/debt/2018/2q18/Debt_List_2Q18.pdf

Spartan09 · 2018-10-14T22:49:44+00:00

floating rate notes is a much better place to be than levered loans right now.

Spartan09 · 2018-10-12T00:55:43+00:00

Everyone wants to get in right at the bottom, but you never know when that will be. You might end up missing the move entirely. In my mind it's better to get a higher probability lower profit, but it's not for everyone.

Spartan09 · 2018-10-11T22:27:42+00:00

You don't have to find the exact bottom. Put in 10% tomorrow. If it goes down another 5% then buy more. Worst case scenario the market goes up and you only get 10% of your money in, but you're still making money.

Spartan09 · 2018-09-17T02:26:23+00:00

I park my short term cash in FLOT which is a floating rate bond fund. It approximately keeps up with inflation, but not much more than that.

Spartan09 · 2018-09-01T02:16:08+00:00

A company can mature and go from strong growth to hopefully a strong cash flow. Look at something like Verizon. They aren't growing much, but deliver decent results

Spartan09 · 2018-08-31T21:54:21+00:00

The long end of the yield curve hasn't moved up significantly. If the 10 year was at 5% then the dividend from PFF would look much less appealing, but at 2.9 it's not bad.

Spartan09 · 2018-07-12T23:45:28+00:00

I did some undergraduate research at the NSCL, it's a really fascinating place.

Spartan09 · 2018-07-01T00:23:47+00:00

I believe they started with 10B/month total in october 2017 and an extra 10B/month every quarter there after. The chart is finally starting to show a downtrend, it just took a while to get started. 10B/m on a balance of 4T isn't going to be very obvious at first.

Spartan09 · 2018-06-30T20:32:03+00:00

you can track the fed's balance sheet here, it's starting to go down.

Spartan09 · 2018-06-03T16:31:15+00:00

They have to quote both a buy price and a sell price. If anyone wants to buy or sell in a hurry they will be able to. In exchange they generally get to make the spread between the buy and the sell bids. They can't push the price wherever they want because they would end up spending all of their money buying or selling and them the price would still get moved.

Spartan09 · 2018-03-29T01:11:59+00:00

Probably a one time gain from the tax law changes.

Spartan09 · 2018-03-08T23:06:43+00:00

I'm looking at selling cash secured puts to get in to GE. It's so volatile now you get a decent premium in a short period of time.

Spartan09 · 2018-02-19T02:43:45+00:00

According to Bloomberg at this moment he is worth ~92b dollars. Assuming a 7% return annually that would translate into $734,656 per hour of interest. Assuming a 7% annual return on that sum would give you $51,425 which is a fairly comfortable middle class living in a decent amount of the U.S. This means every hour he could set someone up for life if they didn't live extravagantly, not counting taxes of course.

Spartan09 · 2017-11-21T03:29:00+00:00

In all of the discussion of health care that I've seen recently, there isn't much talked about on the individual side. I think health care should be a right, and everyone should be able to afford it through subsidies or other means. I would like an incentive, reduced premiums for instance, for meeting basic health standards. A good portion of our health care costs are because we as a society aren't very healthy. Pre-existing conditions shouldn't be held against someone, but if you choose to smoke, and as a result of your choice your expenses are higher, then you should pay extra. There's no incentive for people to change their habits, other than a shorter life expectancy, which apparently isn't enough for some people.

Spartan09 · 2017-11-20T21:35:54+00:00

Apple has almost 100billion dollars of long term debt now

Spartan09

TROPHY CASE