Kaine only took $160k while in office . He obviously needs grooming to go big time. Debbie Wallowin Shitzu is being rewarded for good service to the Clinton. More than a few whack job Bernie backers will not approve.
No one is interested in helping poor people including the Dim party except to gather votes going into a election cycle. Cutting welfare benefits and replacing them with employment opportunities might be the only solution.
I do remember early on supporting wife and two small children on one income with mortgage and auto debt as well as two nearly maxed out credit cards. But in time working together with wife we worked our way out and are now debt free with saving put away. There was some luck involved if the 2008 downturn had struck earlier in my career I might have been ruined like so many others today.
I take a somewhat different view. I think centralized administration in education,healthcare, energy,banking ect is the problem. There is no amount of money these people can't spend. My preference is more control to state send local levels.
Kaine, is a excellent choice for Hillary. He does not "cackle" when he talks or wear pants suits (in public anyway). He has the backbone of a snail so he can change directions on a moments notice. Excellent Dim choice.
The people who lose there jobs because of automation also vote and deserve a living wage where working or not. These folks will be catered to in future election cycles . These people have Dim leanings :)
Lets not lose sight of the fact that a $15 minimum wage would drive all wages higher. The guy earning $15 before the MW increase will now demand $20 or $25 per hour and increases will occur all up the food chain. Labor Unions love it.
Jfnh1,I can't access the PSEC MB but if it as hateful and miserable as you say it looks like you would be naturally drawn to the conflict with like personalities.
When you own only one house I don't look at it as a investment. I prefer to keep renting and temp living to a minimum even if price is steep.
I was cash both ways and also sold the farm to cover the difference in the new retirement home. Try to get a contingency clause on your buy contract to protect you in case your house is slow to sell. Currently you cannot get a contingency in the Charlotte area. You might get one by offering way over the ask or offering a $2k-$5k Due Dillegance Fee instead of $500. Otherwise if you contract without a contingency and back out after theDue Dillegance period you owe the buyers agency the fee . Unless you can swing two houses at same time best close on sale of your house before signing a buy contract. You might rent for awhile which is expensive short term. The whole process sux.
J, I like your posts and ideas as well as Slicktops ,whether they work or not or I try them or not. All of us are human with all the frailties (ego, pride) that go with. I know slick started it ,but he drug you into the bickering and you can't seem to excape the "tar pit". Both of you are better reads when you stick to business.
This house selling and buying is a pain in the #$%$, it ties up my time and attention to the point I gave up most all else. The Real Estate business has the process gamed with its separate buy send sell agents, home inspectors,appraisers,surveyors, Radon Gas Testers and there repair contractors. Whether you are buying or selling you will spend $3k$8k in addition to there usual 6% realty fees. Hopefully this will be my last move. Now to Ho and replace the garbage disposal the last inspector found fault in?
It seems to me High Yield or High quality Corp Bonds are not worth the risk. HY is vulnerable to defaults and High Quality as such a low yield,why bother ? Unless you have to pay to park money. That's my opinion and everyone is welcome to there's .
Two good ways to short DB or anything else .
1. Buy a Put. This is low risk and lower reward. The most you can possibly lose is what you pay for the Put. You can always bail for a lesser loss if the market moves against you. A January $14 strike Put sells for about $1.80 or $180 per Put Option containing 100 shares.
2. Call that account executive you mentioned and ask about borrowing some shares to short. The amount of gain is limited to the difference of the price you sell them for and Zero if DB BK,s. Your loss can be HUGE that is infinite. If something happened to you that incapicated you and no one took action to close and DB went to the moon on some news like government bailout your account could disappear theoretically anyway. Your broker would shut you down after he took all your money. Take your choice! No guts no glory as some idiots like to say. Personally I would buy the Put or pass.
J1snoop, You used the words yesterday and trend in the same sentence. Trends are long term price movements not yesterday or on the open or close ect.
" How is this possible if we are indeed in a Bull Market?" Volatile stocks like GILD are volatile in all markets. Just because a Bull market might be "toppy" (or might not) does not make it other than a Bull Market until it changes direction over time.
I just read a newsletter from a favorite author Jared Dillion the Streat Freak. He said either Presidentsl Candidate will balloon the debt with infrastructure soending and simply cancel it in the future like Japan is getting ready to do.
His suggestion is:
1. Avoid Bonds
2. Buy Gold
3. Don't short this market except as a day trade.
In his opinion a disaster of a meltdown is in the unknown future perhaps Decades away. So stay liquid,buy Gold and stay long.
So I took a little loss on SJB and a SPY Put and sitting back and watch my 25% of investments increase. I did do because the newsletter confirmed my opinion, so now I will follow the tape and not try to out quess it.