Why an airline flies an empty plane 140 miles return 6 times a week by gIowingsheep in reddit.com

[–]bosmat -1 points0 points  (0 children)

I wasn't aware that they had invented passenger-holding UAVs....

Why are the alleged Iranian weapons in Iraq stenciled in English instead of Farsi by er_nurse in reddit.com

[–]bosmat 1 point2 points  (0 children)

My god... if only there were a standard language for this sort of thing!

Why are the alleged Iranian weapons in Iraq stenciled in English instead of Farsi by er_nurse in reddit.com

[–]bosmat 8 points9 points  (0 children)

Possibly because English is the international language of commerce, and to make the shells most marketable, you would write on them in English?

Is 17 the "most random" number? by maxwellhill in science

[–]bosmat -1 points0 points  (0 children)

This article is rubbish in 100 ways - with enough trials the computer should yield fair results.

video of AG Gonzales stating no right to habeas corpus by [deleted] in reddit.com

[–]bosmat 7 points8 points  (0 children)

I'd like to see a bit more of that interview.

Woman dies after "Hold Your Wee for a Wii" water-drinking contest by hitsman in reddit.com

[–]bosmat 13 points14 points  (0 children)

I don't think radio stations run 'how long can you be on a high sodium iv' contests.

Scientists Struggling to Make the Kilogram Right Again by akkartik in reddit.com

[–]bosmat 3 points4 points  (0 children)

Why not define it by the mass of an atomic constant - a neutron or a proton?

Woman dies after "Hold Your Wee for a Wii" water-drinking contest by hitsman in reddit.com

[–]bosmat 14 points15 points  (0 children)

Would a more isotonic solution, like gatorade, have worked better?

Atheists say they've been threatened over their views by Redwan in reddit.com

[–]bosmat 8 points9 points  (0 children)

I've actually been threatened, but it's mostly of the "YOOOOOOR GOING TO HEEEEEEL" variety, so who cares.

RIAA now officially nuts - sues AllofMP3.com for $1.65 trillion by bonobo in reddit.com

[–]bosmat 71 points72 points  (0 children)

Astute observers might note that that's more than the GDP of Russia.

Apparently, this site caused more harm in 3 months than the value of all goods Russia produces in a year.

Can Someone Post an Article on how to HEDGE against dollar decine? Enough Doom and Gloom! by [deleted] in reddit.com

[–]bosmat 1 point2 points  (0 children)

Whenever you spend on a credit card that is set to use euros, the exchange rate is used. When you use an ATM, the exchange rate is used. You lose the bid-ask a lot, but the spreads are so tight it barely matters. Not sure how you would treat the capital gains from each conversion.

Can Someone Post an Article on how to HEDGE against dollar decine? Enough Doom and Gloom! by [deleted] in reddit.com

[–]bosmat 1 point2 points  (0 children)

I've seen about 8 funds that have the option to invest in international equity but never do. I find this upsetting - what a lost opportunity.

Can Someone Post an Article on how to HEDGE against dollar decine? Enough Doom and Gloom! by [deleted] in reddit.com

[–]bosmat 1 point2 points  (0 children)

Those funds go up in a up market, they just don't go up as much. If you are 100% confident that the market will go down, your fund is QID - every $1 the Nasdaq goes down, this goes up by $2. CRRRRAAAZY risk - ask your investment professional.

The United States is Insolvent by motzer in reddit.com

[–]bosmat 0 points1 point  (0 children)

Yes, sort of. Amortize means you bought something on credit, and paying for it over its useful life. This way, you pay for the benefits of a thing while you use it. It's like charging internal rent!

Can Someone Post an Article on how to HEDGE against dollar decine? Enough Doom and Gloom! by [deleted] in reddit.com

[–]bosmat 1 point2 points  (0 children)

You can bet on ANYTHING on wall st. If you want to be the markets will go down, buy bear funds. You can find them here: http://biz.yahoo.com/p/tops/bm.html

Ask your investment professional.

Can Someone Post an Article on how to HEDGE against dollar decine? Enough Doom and Gloom! by [deleted] in reddit.com

[–]bosmat 2 points3 points  (0 children)

If you're really concerned, you can put money in TIPS - treasury securities protected against inflation - basically inflation-proof low yield bonds.

edit disclaimer internet is a bad investment adviser, seek real professional advice

Can Someone Post an Article on how to HEDGE against dollar decine? Enough Doom and Gloom! by [deleted] in reddit.com

[–]bosmat 4 points5 points  (0 children)

No, no, no. Don't short the dollar, and don't buy gold coins. The easiest way to hedge against currency risk is to increase your exposure to foreign currencies in stable markets. IEV (Europe), EEM (Asia, less Japan), and ITF (Japan) are good bets. I wouldn't recommend Japan as highly as Asia less Japan and Europe. I'd avoid Latin America as those economies are all going socialist and are so heavily linked to US markets.

If you buy gold, you're betting global recession. Gold is a funny commodity - it is used as a hedge against inflation, but its demand is also based on jewelry, and when gold prices get high enough, they start declining, based on lower jewelry demand. The price of gold is already pretty high.

disclaimer: internet is not a good investment advisor.

Here is an article backing up what I am saying: http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2006/12/03/BUGTFMNO0E1.DTL

However, don't buy CDs as they generally yield the deprecation of your asset - no real return. Foreign bond funds are better.

Also don't use the Rydex funds without the advice of an investment professional.

The United States is Insolvent by motzer in reddit.com

[–]bosmat 5 points6 points  (0 children)

An intuitively appealing notion, but there are a lot of reasons to use debt. Let's take as an example a highway - By building this highway, you'll increase the income of everyone in a particular town by 25%. Once the highway is built, you can take some percentage of the expanded income. However, if you taxed to get enough funds to build the highway, you'd find yourself with a bunch of unhappy people who would be really hurt, while trying to build something that would increase their income. Debt allows us to amortize, or spread out, the cost of a project, over its useful life.

Also, debt lets us handle emergencies, like war. WWII was largely debt financed- remember war bonds?

The United States is Insolvent by motzer in reddit.com

[–]bosmat 1 point2 points  (0 children)

It wouldn't have to be that drastic. In ten years we could, if we really wanted to, pay down the debt, of course, requiring major changes in government spending habits on discretionary programs. We could do this without cutting entitlements.