Home Depot Vs. Lowe's: Home Depot Wins [View article]
While I can't argue with the results unless one assumes accounting discrepancies and I invest to make $$$, the in-store experience at Lowes is consistently superior for me. Lowes' are cleaner and less cluttered; stock a wider array of merchandise; and friendlier more knowledgeable customer service reps. This is the general case for me no matter where the stores are located geographically haven't tried HD's on-line service but Lowes has been top-notch each time for me. With respect to the above comment about unhappy employees, a former student of mine works at Lowes and thinks it is a great company to work for.
The Pursuit Of Mediocrity - Fallacy Of Dollar Cost Averaging And The Abuse Of Indexing [View article]
I have found there is merit in identifying entrance and exit points using at price, volume, and simple trends in conjunction with fundamentals that are open to accounting assumptions et al. In today's markets, I am increasingly convinced that the market speaks but we are too busy with minutae to hear it.
The Pursuit Of Mediocrity - Fallacy Of Dollar Cost Averaging And The Abuse Of Indexing [View article]
M Plaut: One plausible rationale for dollar cost averaging if adhered to is the forced discipline of regular investing. Of course, if you see my comments below, there are times when people should be entirely out of the market(s). So a rigid adherence to any scheme that ignores the dynamic changing nature of markets will turn on the disciple and at the worst time.
The Pursuit Of Mediocrity - Fallacy Of Dollar Cost Averaging And The Abuse Of Indexing [View article]
Dollar cost averaging and MPT are for those who lack conviction usually for good reason.There is nothing wrong with keeping powder dry until a real deal comes along, however infrequently, and then exploiting it with critical mass and stop losses.
Stagflation: Coming Soon To A Market Near You [View article]
I haven't researched daily buying volume but It appears that foreigners are no longer lining up to buy U.S. government debt. As reported, the Federal Reserve is now buying around 80% of the debt issued by the U.S. government to fill its $1.4 Trillion record annual budget deficit. This is a disturbing development and confirms that the U.S. government is essentially broke.
how money first comes into being, and so far that hasn’t happened, has it? The bonds are being bought with money that already exists. Money is created by this next mechanism, where the Federal Reserve buys a Treasury bond from a bank.
When the Fed does this: They simply transfer money in the amount of the bond to the other bank and take possession of the bond. A bond is swapped for money.
Now, where did this money come from? Glad you asked. It comes out of thin air, as the Fed creates money when it ‘buys’ this debt. New Fed money is always exchanged for debt, so we can now put the title on this page.
Don’t believe me? Here’s a quote from a Federal Reserve publication entitled “Putting it Simply:” "When you or I write a check, there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check, there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money."
Wow. That is an extraordinary power. Whereas you or I need to work to obtain money, and place it at risk to have it grow, the Federal Reserve simply prints up as much as it wishes, whenever it wants, and then loans it to us all via the US Government, with interest. So the banking system must continually expand – not necessarily because it is the right (or wrong) thing to do, but, rather, simply because that is how it was designed. It is a feature of the system, just like using gasoline is a feature of my car’s engine. I might wish and hope that my car would run on straw, but I’d be wasting my time, because that’s just not how it was designed.
By understanding the requirement for continual expansion, we will be in a better position to make informed decisions about what’s likely to transpire and take meaningful actions to enhance our prospects.
More philosophically, we might wonder about the long-term viability of a system that must expand exponentially but which exists on a spherical planet. The key question is, “Can our current money system somehow be modified to be stable, fair, and useful when it is not growing?”
So the question is this: What happens when a human-contrived money system that must expand, by its very design, runs headlong into the physical limits of a spherical planet?
Stagflation: Coming Soon To A Market Near You [View article]
As a former Fairfax County, VA Firefighter I agree. Too many firemen and women, too many stations, too much very expensive equipment and too little real need. Don't use the "you would sing a different tune if you had a fire."
Test Of Formula Investing [View article]
Home Depot Vs. Lowe's: Home Depot Wins [View article]
Welcome To The Top Of The Market, Again [View article]
Mohawk (MHK): Q4 EPS of $1.01 beats by $0.07. Revenue of $1.44B (+4% Y/Y) beats by $0.01B. Shares -1.2% AH. (PR) [View news story]
The Pursuit Of Mediocrity - Fallacy Of Dollar Cost Averaging And The Abuse Of Indexing [View article]
The Pursuit Of Mediocrity - Fallacy Of Dollar Cost Averaging And The Abuse Of Indexing [View article]
The Pursuit Of Mediocrity - Fallacy Of Dollar Cost Averaging And The Abuse Of Indexing [View article]
Stagflation: Coming Soon To A Market Near You [View article]
Stagflation: Coming Soon To A Market Near You [View article]
Stagflation: Coming Soon To A Market Near You [View article]
Stagflation: Coming Soon To A Market Near You [View article]
how money first comes into being, and so far that hasn’t happened, has it? The bonds are being bought with money that already exists. Money is created by this next mechanism, where the Federal Reserve buys a Treasury bond from a bank.
When the Fed does this: They simply transfer money in the amount of the bond to the other bank and take possession of the bond. A bond is swapped for money.
Now, where did this money come from? Glad you asked. It comes out of thin air, as the Fed creates money when it ‘buys’ this debt. New Fed money is always exchanged for debt, so we can now put the title on this page.
Don’t believe me? Here’s a quote from a Federal Reserve publication entitled “Putting it Simply:” "When you or I write a check, there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check, there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money."
Wow. That is an extraordinary power. Whereas you or I need to work to obtain money, and place it at risk to have it grow, the Federal Reserve simply prints up as much as it wishes, whenever it wants, and then loans it to us all via the US Government, with interest.
So the banking system must continually expand – not necessarily because it is the right (or wrong) thing to do, but, rather, simply because that is how it was designed. It is a feature of the system, just like using gasoline is a feature of my car’s engine. I might wish and hope that my car would run on straw, but I’d be wasting my time, because that’s just not how it was designed.
By understanding the requirement for continual expansion, we will be in a better position to make informed decisions about what’s likely to transpire and take meaningful actions to enhance our prospects.
More philosophically, we might wonder about the long-term viability of a system that must expand exponentially but which exists on a spherical planet. The key question is, “Can our current money system somehow be modified to be stable, fair, and useful when it is not growing?”
So the question is this: What happens when a human-contrived money system that must expand, by its very design, runs headlong into the physical limits of a spherical planet?
Stagflation: Coming Soon To A Market Near You [View article]
Stagflation: Coming Soon To A Market Near You [View article]
Stagflation: Coming Soon To A Market Near You [View article]
Stagflation: Coming Soon To A Market Near You [View article]
women, too many stations, too much very expensive equipment and too little real need. Don't use the "you would sing a different tune if you had a fire."