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OptionManiac

OptionManiac
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  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Agreed - they didn't have to unveil their secret non-existent plan.
    Jun 25, 2015. 10:54 AM | 15 Likes Like |Link to Comment
  • Weighing The Week Ahead: Time For A Consumer Rebound? [View article]
    Thanks again for your insight.
    Jun 8, 2015. 07:50 AM | 5 Likes Like |Link to Comment
  • Jobs up 280K in May; UE rate ticks higher [View news story]
    The contractors I am talking about work by themselves in a number of different fields.
    Jun 5, 2015. 01:17 PM | Likes Like |Link to Comment
  • Jobs up 280K in May; UE rate ticks higher [View news story]
    My wife has an acquaintance whose husband is an independent contractor. They are building a 3000+ square foot house and go on at least two cruises a year. An independent contractor reprogramed a piece of equipment at work. He told me he was independent by choice, he liked taking a month or two off every year. Some people like being independent.
    Jun 5, 2015. 10:55 AM | Likes Like |Link to Comment
  • Jobs up 280K in May; UE rate ticks higher [View news story]
    See your point - but I don't think raising the minimum wage will translate to over consumption that will translate to commodity inflation. Numbers have been pointing to a more stingy American consumer.
    Jun 5, 2015. 09:27 AM | 3 Likes Like |Link to Comment
  • Jobs up 280K in May; UE rate ticks higher [View news story]
    I think there would have to be wage inflation - we may be a ways off from that.
    Jun 5, 2015. 08:55 AM | Likes Like |Link to Comment
  • Initial Jobless Claims down 8K to 276K [View news story]
    Start with the electric grid.
    Jun 4, 2015. 11:00 AM | 2 Likes Like |Link to Comment
  • Initial Jobless Claims down 8K to 276K [View news story]
    IBM has been doing that for a long time. My brother-in-law works for the company and has been worried about his job for the last 20 years.
    Jun 4, 2015. 09:28 AM | 2 Likes Like |Link to Comment
  • Services ISM unexpectedly dips in May [View news story]
    Thanks for digging into it bbro.
    Jun 3, 2015. 10:16 AM | Likes Like |Link to Comment
  • Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic [View article]
    I never made over 6 figures, wife always worked part time or not at all while raising the kids. Both kids graduated college with minimal loans. I've had a 401K since I was in my 20's along with my non-retirement accounts. Through '87, '89, 2000, 2007-2009, I was lazy and stayed fully invested. Like others, I bought stupid stuff in the late '90s. I'm 60 now and can walk away from my job. (I can't comprehend not working, though). I'm not the brightest or the most hardworking investor. I just had time on my side and learned never to fold em. True, my 401K is now slowly being converted to cash, but that is the sensible thing to do at my age.
    May 25, 2015. 11:34 AM | 1 Like Like |Link to Comment
  • Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic [View article]
    It is all very simple. Buy diversified ETF's with low fees. Reinvest regularly. Wait 30 years. You'll be rich. As someone on this site said once before, a portfolio is like a bar of soap, the more you handle it, the smaller it gets. Just don't play poker and no one can take advantage of you. Sounds boring, but boring can be good.
    May 18, 2015. 08:51 PM | 4 Likes Like |Link to Comment
  • Initial Jobless Claims [View news story]
    But what can be called a "peak"?
    May 7, 2015. 01:32 PM | Likes Like |Link to Comment
  • Initial Jobless Claims [View news story]
    And not just for the sake of jobs. We've gotten so cheap in this country that we are letting our infrastructure approach 3rd world status!
    May 7, 2015. 09:01 AM | 3 Likes Like |Link to Comment
  • Initial Jobless Claims falls 34K to 262K [View news story]
    Agreed. After the downturn, I think too many employers are looking for the "Red Squirrel", a term used for that perfect employee that can do anything for close to nothing. When employers start to realize that they are losing sales share due to lack of productivity, then they will be forced to hire the grey squirrel.
    May 5, 2015. 09:42 AM | Likes Like |Link to Comment
  • Initial Jobless Claims falls 34K to 262K [View news story]
    Yes, the government can keep hundreds of workers quiet about the fudged numbers. Nothing ever leaks out.
    Apr 30, 2015. 10:12 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
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