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OptionManiac

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  • Initial Jobless Claims declines by 27K [View news story]
    The growing inequity in pay is quite bothersome. Hopefully, those who control the power (and wages) will see the light.
    May 29 08:44 AM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: Will Sluggish Housing Growth Derail The Economy? [View article]
    Nothing new, really:

    “Don’t Know Much About History”: The New York Times 1943 Survey of U.S. History and the Controversy It Generated

    by Anne-Lise Halvorsen — 2012

    Background/Context: Educators, parents, politicians, and the media often complain that young people know little history and compare them unfavorably to better-educated, earlier generations. However, the charge is exaggerated. Young people have performed poorly on history tests for decades. Students’ poor scores on one test in particular, the focus of this study, caught the nation’s attention: the New York Times 1943 survey of college freshmen’s history knowledge.
    May 27 04:29 PM | Likes Like |Link to Comment
  • The All-Defensive Team: 25 Low Beta Dividend Stocks For An Uncertain Market (Part 1) [View article]
    Or everything sells during a flash crash, as happened to me.
    May 25 06:27 PM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Will Sluggish Housing Growth Derail The Economy? [View article]
    S&P was down 5.9% that August, but up 12.8% for the year. I'm a lazy investor, so I can easily live with that.
    May 25 12:34 PM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: Will Sluggish Housing Growth Derail The Economy? [View article]
    I agree - there is a migration towards cities where rental is more the norm.
    May 25 12:29 PM | 1 Like Like |Link to Comment
  • The Sound Of Silence [View article]
    Hopefully he did well in math, his grammar is not the best.
    May 23 01:26 PM | Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    I take it you two are all out.
    May 23 12:56 PM | 2 Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    Same here since the 80's. If I panicked and sold and then tried to guess when to get back in during the many "panics" I've lived through I would have a fraction of what I have now.
    May 23 12:54 PM | 6 Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    The winemaker who has the guts to let the grapes hang and ripen more before the weather turns makes the better wine.
    May 23 12:52 PM | 5 Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    There are a lot of us who do not have the time (and the acuity) to finagle our portfolio in one direction or another following the winds of the market. I have stayed almost fully invested since 1980 and learned not to lose any sleep over down markets. Sure, I could have made a lot more if I did have the time to spend a lot of time on investment decisions, but I'm happy where I'm at, having recently joined the 5%. Of course, with retirement a few years away (by choice) I have become a bit more conservative with my investments, but that has nothing to do with the market itself - I would be taking the same steps no matter where the market is or where it is going.
    I've seen too many people pull out at or near the lows. I just kept all in and patiently waited.
    May 23 12:50 PM | 7 Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    I think when the last dollar has been tapered we will see the total collapse. Not until then.
    May 23 11:53 AM | Likes Like |Link to Comment
  • Despite climate threat, U.S. coal finds willing home elsewhere [View news story]
    In 1948, when he was nineteen, Strong was hired as a trainee by a leading brokerage firm, James Richardson & Sons, Limited of Winnipeg where he took an interest in the oil business winning a transfer as an oil specialist to Richardson's office in Calgary, Alberta. There he made the acquaintance of one of the most successful leaders of the oil industry, Jack Gallagher who hired him as his assistant. At Gallagher's Dome Petroleum, Strong occupied several key roles including vice president of finance, leaving the firm in 1956 and setting up his own firm, M.F. Strong Management, assisting investors in locating opportunities in the Alberta oil patch.[7]

    So he started off as an oil man.
    May 20 01:11 PM | Likes Like |Link to Comment
  • Jobless Claims at 297K [View news story]
    Yet those we entrust to educate our children are among the lowest paid.
    May 16 08:22 AM | Likes Like |Link to Comment
  • Jobless Claims at 297K [View news story]
    The average entry level is $33,227.

    http://bit.ly/RHSM3E

    Only social workers and journalists start off with less.
    May 16 07:18 AM | Likes Like |Link to Comment
  • Jobless Claims at 297K [View news story]
    $30,000 a year? And you want the best?

    My kids took the same calculus in high school that I had in college. Trust me, kids learn to read and write. Yes, parts of our system are broken. An acquaintance is a 1st grade teacher in a local city school. He has 35 kids - some who act up and disrupt the class (one threw a chair at him). He does his best. Here in Ohio our income taxes have been lowered, but so has money to the school system. Sometimes you do get what you pay for.
    May 15 11:20 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
3,306 Comments
3,567 Likes