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SDMSF

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  • Water And The Future Of Energy Economics [View article]
    didn't see it mention ERII is the RDX similar to their product. if so the technologies might be the same but technical collaboration at the university level infers that the product alone is not a sufficient solution stand alone. please correct if I read this wrong
    Sep 10 12:15 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    benny over 55 communities. renting and downsizing old people in FLA isn't a joke because it doesn't happen and yes maybe someone wants to live in the south where homes are cheaper or New Hampshire etc some people even have family to live with. but you keep your house as your options to live with anyone would seem severely limited. and correct English wasn't my education and I type fast to move on but it was in finance accounting and economics and the last time I looked the sight was about that and not a self proclaimed fool who's knowledge of economics etc seems to be don't spend it and you will have it. guess you don't pick up many checks for either.
    Aug 27 04:02 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    or it can cause stagflation, low growth and higher trending inflation if the velocity of money picks up. reading is fundamental.
    Aug 27 03:49 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    Hi George. Your article above states that 18k is what you get for income after 20 years please correct if I am wrong. if people are using the 18k than their is no reinvestment of divs after that. my point is if we don't know what we can buy in 20 years with 18k it may be that's its not that valuable relative to the need. and of course never said 0 for retirement but I analyze investments in concert with other current opportunities right now growth stocks might be better for younger people than buying div stocks or max'ing 401ks if they have them and only have enough for that. understand the nature of both but people make money in growth stocks as well as div stocks and small caps beat large caps if you study the mkt. so its not div stocks or nothing. again my point is it has to be relative to your future need and not one size fits all. in grad school there is a thing taught called EMH and included in that is the efficient frontier. where your investments are almost mathematically guaranteed to be correlated so that you have virtually no risk. (of course they say no risk but what they mean is only volatility risk not business or financial risk etc)of course that flys in the face of the other great finance tenant that risk needs to be equal to the reward. so the efficient frontier guarantees you have zero risk and if lucky a 1% return give or take. like money in a mattress or yesterdays CD. only if you have to get more than 1% on your money then the theory of the frontier is a great story but fairly useless to me.
    Aug 27 03:34 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    I give it a ditto
    Aug 27 03:16 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    profane wrong again. bought my house 1995 or so before the mcmansion craze. as to the middle class do some reading as to what is happening to the middle class. more are getting pushed into the lower middle class while they are working. got me wrong bud I am saying that things aren't easy for those not doing as well as I or we are. also the advice seems to be if you can save then save. brilliant. what a waste a masters in finance was. my point on appreciation is that the net value of what people got out of homes post retirement in the past to recent past wont be the same again roughly speaking due to the law of large numbers.
    Aug 27 03:12 PM | 1 Like Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    that's great profane and you walked 10 miles to school in 14 feet of snow. 10% of minimum wage is 70-100 cents an hour they can save without accounting for taxes. how many div stocks do you get for that and how long do they have to wait at that rate to get into George's plan also things were cheaper 50 years ago than now. remember wages haven't gone up as fast as expenses. in 1960 avg home price 16.5k. avg salary 5600 or x3. even at 250k avg home price you need to make 80k but avg salary is 44k so that is 6 times. also if you bought a house then you can sell it for 250-300 or more I have empirical examples that's `19 times what was paid. do you think the cost of a home will be 5 million in 50 years. if so your little savings and Georges 18k wont begin to cut it. no one is saying saving isn't good and every little bit helps but 18k or your 10% is not a cure for those who will need much more. the amount is relative to the need. if the savings number needs to be 30% 10% isn't really going to make a big difference. glad life is simple for you but it usually is when the answers are black and white, the logic fuzzy and the result isn't solving the entire need. George was well intentioned help you are merely whipping those less fortunate then we.
    Aug 27 02:37 PM | 5 Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    I am missing the logic Profane obviously if they cant save they didn't. that isn't called an excuse it is called the reason. obviously you mean that anyone without retirement savings is a wastrel which smacks of demagoguery which is in ample supply here at SA. I agree with you that they didn't is a simple fact but so is the statement simple and of no value in a complex issue. certainly there are some that fit your obtuse logic but it doesn't apply to everyone that didn't save so your militant attitude only explains those who could and didn't (and there are degrees) and does nothing for those who couldn't. except of course lump them in with the non saving losers. (facetious on the losers thing all. its not my opinion)
    Aug 27 01:23 PM | 3 Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    if there are many (not all) families who can save like you say above there must also be many who cant. the devil is in the detail of the ratio.
    George you cant refinance when you are underwater and currently you gain no benefit from a refinance if you have less than 20% equity and the lender demands PMI. if you know a sympathetic bank let us know so SA readers can benefit. that eliminates how many from your universe of easily saving expenses to save for retirement. some people take care of parents without savings while they provide for their children's future, a major expense. some people have 2 cars so 1 can take the kids around and the other can work 40 miles away. narrow views like who can and cant save is a flawed assumption of economic theory of which there is many I found in my studies. the circumstances are too varied and not at all black and white as you state above. all this so someone can have the equivalent of 100 dollars extra a week or whatever since you don't define the purchasing power of the 18k of income. also those lucky enough to have a 401k match should analyze that option when deciding the course to saving for retirement. have you analyzed the difference or would you have people not max the match which is pretax to invest in your program. I know your heart was in the right place from reading some of your comments but the argument is to simplistic/unrealistic to help many of those you would like to.
    Aug 27 11:23 AM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    and there are many families who cant also, given your premise that many can. as to a refinance on an underwater mortgage please name the bank who does that and the one who doesn't want PMI if you have less than 20% equity. that takes at least 2 people of your who can list. sorry but these are all assumptions from people who don't have the associated problems. major flaw in economic thinking as is many an economic assumptions. I am not saying the US savings rate is exemplary but individual circumstances are to varied for the narrow view of everyone can save. some of these people might be taking care of sick parents and trying to give their children opportunities. you are even picking peoples priorities for them all so that they can get what might be an extra 100 a week inflation adjusted 20 years from now. also you might suggest to people who do have a 401k they are probably better off max'ing thier contributions up to the employer match and should do that analysis first before deciding on your one size fits all plan.
    Aug 27 08:57 AM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    has anyone looked into the inflation adjusted value of 18000 in 20 years. I realize 5k is just a number but even times 2 what is the spending power in 20 years. and if after taxes and inflation you really need the times 2 number to have 36k a year in income you would need to save 10+k a year. seems to me if you need extra income when you retire 20 years from now you probably cant save 10k a year either. as you know most people don't have any retirement savings. given that they would like to the only reason people don't have it is because they cant save for it. 1994 to 2014 purchasing power is 60% of what it was in 1994. so 36k is worth about 14000
    many variations just want to add in the taxes and purchasing power.
    also depends on what your spend is. older retirees pay for medical costs and food and energy that grow at a rate faster than cpi. what measure of inflation are you using.
    Aug 26 04:01 PM | 7 Likes Like |Link to Comment
  • GE Problems Are Structural But Are They Permanent [View article]
    boy was I wrong on what the author meant. sorry all
    Aug 22 11:49 AM | Likes Like |Link to Comment
  • GE Problems Are Structural But Are They Permanent [View article]
    apple has lots of cash and intel etc. are you saying and this is for GE that a little extra interest is going to make a difference. they have 13 billion less of cash after Alstom. A lot of the cash is overseas they cant use here without paying taxes=use of cash. I know its a lot of money but a 1% rise in interest rates doesn't seem more profitable than buying businesses that return 10+%. also again this is not exclusive to GE you could use the same article and put in Exxon's name or Warren Buffets. Cash as a profit generator can never beat running valid businesses. plus businesses keep cash in short term vehicles for liquidity and not the interest they are getting.
    Aug 22 11:48 AM | Likes Like |Link to Comment
  • GE Problems Are Structural But Are They Permanent [View article]
    I think he means to say that GE has operating leverage associated with the fixed costs. and he is using interest rate increases as a signal that economic activity picks up. when so GE can leverage unused capacity to increase sales and profit margins since the more products sold post breakeven go direct to the bottom line without increasing capital expenditures. also called scalability. least that is what I hope he is saying cause it is true from an accounting/microeconomic and finance standpoint
    otherwise he lost me too
    Aug 21 02:45 PM | 3 Likes Like |Link to Comment
  • General Electric: The Good, The Bad, The Ugly [View article]
    good luck trying to dissuade the historians. I would think even a poker guy wouldn't want to be holding that lousy hand.
    Aug 18 10:28 AM | Likes Like |Link to Comment
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