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  • Is Inflation Next? [View article]
    >Another danger of hoarding cash

    Who is arguing to hoard cash? Straw man after straw man.
    Apr 16 01:28 PM | 2 Likes Like |Link to Comment
  • Is Inflation Next? [View article]
    >That's why I called him out on "nitpicking" earlier.

    Nitpicking could also be deciding to compare silver coins to cash, instead of all the hundreds and thousands of different asset classes that absolutely crush the return on the metal.

    In every single article that devolves into a "gold debate", the PM proponents compare metal's performance to cash. Yet I don't think I've ever seen anyone promoting holding cash.

    I don't understand how when specific asset A outperforms specific asset B, that makes A a "good" investment. What about everything else?
    Apr 16 01:25 PM | 3 Likes Like |Link to Comment
  • Is Inflation Next? [View article]
    >but not through crony capitalism, backroom deals via lobbyists and politicians with afterlife ambitions.

    This happens at every level, in every business, organization or culture on the planet. It's human nature. It's noise and mostly unpredictable, and hence doesn't need to be part of the analysis.
    Apr 16 01:15 PM | Likes Like |Link to Comment
  • Is Inflation Next? [View article]
    >Congressman Wright Patman, Congressional Record, Sept 30, 1941

    What makes you think that some of the louts in Congress are authorities on anything, let alone finance and economics? If one were so inclined, I bet you could find many, many idiotic quotes from Congressmen throughout history. Why appeal to their authority on these matters?
    Apr 16 01:11 PM | 1 Like Like |Link to Comment
  • Is Inflation Next? [View article]
    >So "Debt " is good Jim?

    If you can put the borrowed capital to work for returns greater than the borrowing rates, of course it's good.
    Apr 16 12:58 PM | 3 Likes Like |Link to Comment
  • Is Tesla's Gigafactory Becoming A Gigafarce? [View article]
    >I said the same thing about driving down the highway on battery power for 3 to 4 hours, followed up by a 35 minute break to recharge.

    That sounds like a nuisance to me, mainly because I couldn't care less what is powering my vehicle. Fuel is fuel.
    Apr 16 12:31 PM | Likes Like |Link to Comment
  • How Much Does Seeking Alpha Pay Its Contributors? [View article]
    >is a "dislike" button

    Seeking Alpha used to have a dislike button (thumbs up, thumbs down), but did away with it a couple of years ago(?).
    Apr 16 11:53 AM | Likes Like |Link to Comment
  • Why Stocks Won't Crash (For Now) [View article]
    >If I actually showed sign of being inexperienced in investing your comments would be perfectly fair

    Unless you're posting your portfolio and results for all to see, bragging about your experience (at 27) and how well you've done, historically, is hot air.
    Apr 16 11:28 AM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: A Volatility Cocktail [View article]
    > If we prepare ourselves

    For a "possible" correction in "2 to 6 years"? That theory really has it nailed down. No wonder it's produced so many billionaires.
    Apr 13 11:48 AM | 6 Likes Like |Link to Comment
  • Actually It Is All About Total Return...Totally! [View article]
    >But how am I sacrificing returns?

    You aren't, necessarily. But might be. Hence the need to calculate total return.

    >Does that make sense?

    Sure, it makes sense. But I think you're implicitly applying a value to things such as "don't spend principal" and "don't want to worry about face value of portfolio" and, from your prior comment, "don't want to micromanage my portfolio". And there's nothing inherently wrong with that. In fact, depending on your personal preferences and the value you place on such conveniences, any potential loss of total return may be outweighed. It's the same reason people buy mutual funds or pay advisors.

    From the opposite side of the argument, sometimes it's difficult for others to understand how DGI investors would prefer 4% cash rather than, say, 5.5% "total return" and selling off a portion of the portfolio. It seems like you'd be throwing away money. Returns are returns, and your portfolio will grow bigger, faster in the latter scenario.

    But, again, it's all preferences and the values individuals place upon them. If your goal is to maximize the size of your portfolio, then total return would appear to be the only game in town.
    Apr 13 10:57 AM | Likes Like |Link to Comment
  • Actually It Is All About Total Return...Totally! [View article]
    >But each to their own.

    Absolutely (or should I say "Totally.").

    But I think the point of some of these articles is that some DGI investors are sacrificing returns for the "safety" and "predictability" of the cash dividends they receive. If you're trying to maximize returns, total return is the most important metric. In some circumstances, DGI proponents are literally throwing away money on one hand, while talking up their prudence on the other.

    Of course, things like safety and the convenience of having to do fewer trades and rebalancing, and generlly managing your portfolio "less" has a price, and that might therefore bring the difference between your dividend yield and potential total return closer in line. But it's vital to know that spread.
    Apr 13 10:32 AM | Likes Like |Link to Comment
  • Is Inflation Next? [View article]
    >Inflation is increasing the money supply.

    No, it's an increase in the price level, which, under certain circumstances, increasing the money supply can sometimes cause.

    This is economics 102.
    Apr 11 04:50 PM | 1 Like Like |Link to Comment
  • Is Inflation Next? [View article]
    >Crisis always come and will again. You can bank on it.

    That isn't terribly prophetic, nor actionable.
    Apr 10 02:01 PM | 2 Likes Like |Link to Comment
  • Forget EcoBoost, Ford Hitting Hyperdrive [View article]
    >And guess what, so are opinions.

    Not when your "opinion" flies in the face of known science. "Well, in my opinion, the earth is flat." Okay.

    Anti-intellectualism and "everyone is entitled to an opinion" no matter how idiotic, are detrimental to society.
    Apr 10 11:30 AM | Likes Like |Link to Comment
  • Forget EcoBoost, Ford Hitting Hyperdrive [View article]
    >A heavier truck pulls more weight - all things considered.

    If by "pulls more weight - all things considered" you mean that it is *forced* to pull "more weight" compared to a lighter truck because it's heavier (by definition), then yes...

    ..if that's not what you meant, then the statement above displays a complete lack of understanding of physics.

    >Don't need no phony formulas

    Oh, now I get it, cluelessness.
    Apr 10 11:27 AM | Likes Like |Link to Comment