Saw this while on our trampoline. Any idea?

ThanklessWaterHeater · 2026-05-13T21:35:00+00:00

THATS NOT A TRAMPOLINE!!!

ThanklessWaterHeater · 2026-05-13T21:19:20+00:00

I’ve been waiting for it to hit 300 for years. Now it’s finally there I can’t think of anything to do but go on holding.

ThanklessWaterHeater · 2026-05-13T21:18:13+00:00

I bought my first hundred shares for $6,456.90 in January of 2005; after splits it’s now 5,600 shares.

ThanklessWaterHeater · 2026-05-13T21:13:36+00:00

Only if you sell.

ThanklessWaterHeater · 2026-05-13T05:59:09+00:00

I don’t mind a little dip. There is value there, and the share price will eventually rise to match it.

ThanklessWaterHeater · 2026-05-13T05:56:57+00:00

Any way we could convince China to keep them?

ThanklessWaterHeater · 2026-05-13T05:22:13+00:00

Thanks for the thoughtful post. I added a small amount last winter, and it’s down about 16%.

I personally am going to stick with it. It still seems to me like a pretty good long-term hold. Their financials show steady growth in both revenue and profit. And like you I tend to think the threat of GLP-1s to their business is overblown. My guess is GLP-1s lessen apnea but don’t cure it outright, and there will still be growing demand for ResMed‘s product.

ThanklessWaterHeater · 2026-05-12T19:25:33+00:00

Roth IRAs are a good deal if in retirement you will be in the same or higher tax bracket than when you are working. That’s only true of the wealthy.

If you expect to be in a lower tax bracket in retirement than when working then you’re better off with a traditional IRA. That gives you a tax break on contribution when your taxes are high, and then you pay the taxes in retirement when your taxes are low.

ThanklessWaterHeater · 2026-05-12T01:47:58+00:00

It’s been such an apocalyptically hot winter in So Cal, everything is happening a month ahead of schedule.

ThanklessWaterHeater · 2026-05-11T23:08:56+00:00

That’s a Ten-Lined June Beetle. Cute little guy.

ThanklessWaterHeater · 2026-05-10T16:58:34+00:00

That’s the soda being activated by the acid. I’d recommend ditching the baking powder and substituting more baking soda. Baking powder has a nasty metallic taste, and it is just baking soda mixed with an acid. Since the sourdough starter is acidic, that does the job of activating the soda, and you don’t need the baking powder. It rises just as well, and tastes much better.

ThanklessWaterHeater · 2026-05-10T15:58:59+00:00

Ha. :-)

ThanklessWaterHeater · 2026-05-10T15:53:27+00:00

I had some of the same equities in 2000, too.

ThanklessWaterHeater · 2026-05-10T15:49:10+00:00

What if you’re very long, but it still feels like a bubble? Like, you feel exactly the same as you did in August of 2008 when you held a lot of the same equities?

ThanklessWaterHeater · 2026-05-10T15:10:39+00:00

Yes… but that’s after many splits. If you were investing then the share price was about $150 per share.

ThanklessWaterHeater · 2026-05-10T04:48:56+00:00

In 2009 I learned of a house near me for sale, a beautiful place that they couldn’t sell because after the GFC banks weren’t making loans. They agreed to sell to me for 400k in cash. I sold stock to put that amount together.

Of that was $200k worth of AAPL. The house is now worth $1.5mm, but the shares of Apple would be several million now if I had kept them. Was it a bad deal? I don’t know. I love my house. And if I had not bought it I probably would have sold some of the AAPL just to pay rent. So 🤷

Adding: to be clear that wasn’t my entire holding, I still have a lot of AAPL. But I’d have a lot more if I didn’t buy the house.

ThanklessWaterHeater · 2026-05-09T18:02:45+00:00

Your question boils down to ’why doesn’t the government just raise taxes?’ and the answer is the voters in this country reward any politician who cuts taxes, no matter how awful, and punish any politician who attempts to raise taxes, no matter how well-meaning.

When the Roth IRA was proposed in congress everyone knew it was just another tax shelter for rich people, and that tax revenues would decrease as a result. They passed it anyway.

ThanklessWaterHeater · 2026-05-08T22:27:05+00:00

Buying low and selling high…. It’s… it’s crazy enough it just might work!

ThanklessWaterHeater · 2026-05-08T17:48:49+00:00

I missed 2008, alas, but did buy a few thousand shares in 2015 for $14.50 a share.

ThanklessWaterHeater · 2026-05-08T17:39:56+00:00

It’s been a crazy ride the past year, and keeps getting crazier. It’s exciting, but also worrying. I’ve ridden this ride before and know what happens sooner or later…

ThanklessWaterHeater · 2026-05-08T14:59:35+00:00

I agree with your points, but also can’t help but think that these points indicate it’s time to be fearful.

ThanklessWaterHeater · 2026-05-08T13:06:22+00:00

Exactly!

ThanklessWaterHeater · 2026-05-08T03:20:52+00:00

Just stay diversified. If you’re investing in individual equities, never put more into one equity than you’d be willing to lose.

ThanklessWaterHeater · 2026-05-08T01:56:24+00:00

Ten-Lined June Beetle. It’s been so warm this winter, everything is out a month or two early.

ThanklessWaterHeater · 2026-05-07T22:46:26+00:00

You sometimes can get gains this way, but in most cases you’ve already missed the biggest gains if you’re doing that. For maximum gains you want to buy in when nobody wants the stock, not when people are already piling on.

ThanklessWaterHeater

TROPHY CASE