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kimboslice

kimboslice
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  • The Fed: There Is No Bubble, There Is No Timeline, There Is No Exit Strategy [View article]
    For those who don't remember, the real purpose of the Federal Reserve is to raise interest rates to throw cold water on the economy to slow inflation down.

    Paul Volker did that when he ran the Fed because inflation was high then. Wage inflation was high in particular.

    The USA GDP has been growing an anemic 2% since 2009 and this will not change for the foreseeable future. Why not?

    Because low interest in themselves don't produce real economic growth. Growth comes from higher production and innovations that increase productivity. Yet, politicians adding new regulations, higher taxes and attacking small business in general are getting the slow growth they seem to be asking for.

    Also, if the likes of Zuckerberg and Gates keep trying to import labor, wage inflation will never happen.

    So, there is no reason for the Federal Reserve to raise interest rates because the present situation doesn't call for it.
    Sep 18 09:07 AM | 5 Likes Like |Link to Comment
  • Tesla Is Not All Glitter And Glamour [View article]
    Tesla is a welfare scheme disguised as a car company, but that's the least of the problems.

    Battery power is a lousyway to move cars around. The 1901 Columbia made in Hartford had the same range as the Nissan Leaf; that's battery progress for you.

    The premise that people like battery cars is false. Any hybrid is more practical and popular.

    Tesla may corner the market for extremely wealthy idealists who wish everyone would own an electric car. But these cars are unpopular outside of California where the climate makes them less of a problem to own.

    Imagine you are in Texas in August with the AC on full blast, what's your range now? Batteries lose range in heat or cold, another problem with battery power.

    You're better off with a new natural gas car, e.g. Honda Civic.
    Sep 13 03:41 PM | 2 Likes Like |Link to Comment
  • Why Amazon Has No Profits (And Why It Works) [View article]
    Amazon is a joke, but lots of people have believed in "hope and change" and it's going to continue for a bit then poof.

    Tesla is in the same category but they don't even have revenues hardly. So was AOL once upon a time.

    Walmart's website works fine and so does Ebay. Ebay and Walmart make money at it, while Amazon doesn't.

    Bezos is also a bit crazy but some people also may like that too.
    Sep 6 04:57 PM | Likes Like |Link to Comment
  • Celebrating Apple's New All-Time Highs With 4 Reasons For Caution [View article]
    But when will they allow interest rates to rise?
    Aug 31 03:05 PM | Likes Like |Link to Comment
  • Tesla: $421 Or $36? Pick Your Scenario [View article]
    Tesla is a welfare case disguised as a car company.

    No one likes an all electric car. Volt and hybrids are more popular and practical.

    Tesla's are sold principally in California, the climate is kind to batteries there.

    Hope and dreams is not a viable investment strategy. Someone will be left holding the bag when Tesla goes the way of AOL and other "great stocks".
    Aug 28 03:31 PM | 2 Likes Like |Link to Comment
  • Tesla: $421 Or $36? Pick Your Scenario [View article]
    Your Volt is nothing like Tesla, you have an engine to power the battery temperature management and also extend the car's range.
    Aug 28 03:29 PM | Likes Like |Link to Comment
  • Apple Set For Strong Sales Of iPhone 6 In Just A Few Weeks - But Is It Too Little, Too Late? [View article]
    The unrest around the world is poverty affecting young men who are full of testosterone and no way to make a living.

    There is enough natural gas under our feet to run all our trucks, cars, and buses for 200 years.

    We can stop sending $500 billion to despots and our enemies and keep it all here. Let the Europeans deal with them.
    Aug 28 10:33 AM | 4 Likes Like |Link to Comment
  • Apple Set For Strong Sales Of iPhone 6 In Just A Few Weeks - But Is It Too Little, Too Late? [View article]
    I prefer Android on my tablet to the iPad air I got my father last week. I also don't own iPhone but rather Motorola Moto X because I prefer low cost and no contracts.

    BUT, last Sunday in a mall near Palm Beach FL the Apple store was MOBBED with people, it was amazing.

    Apple is an earnings juggernaut and this is not likely to change soon.

    Maybe someday we'll run out of oil and gas and Exxon and Chevron will be bad investments too. We won't live long enough to see it however.
    Aug 28 09:44 AM | 4 Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    I enjoyed this article, I'll add my two cents.
    If you are younger than the author, you should take the money because demographics are against you. There will be 2-3 workers paying into Social Security when you're retiring, and darn if I know how 3 guys can be taxed $2000/month Social security taxes. As you know, Social Security is a legal ponzi scheme, people receiving money are paid with younger guys' taxes paid today.
    Your health and vitality are also important factors. If I choose to wait too long, I simply won't be able to really have fun. At 70 I'll be having less fun than in my 60's, whether it's fishing, beachcombing, traveling, sailing, diving, or what have you.
    Take the money and if you don't need it, buy Vanguard Dividend Growth with it.
    Aug 26 06:37 PM | 2 Likes Like |Link to Comment
  • Market Timing Report: Indicators Are Cued Up For A Bear Market [View article]
    I guess I can't relate to the notion that the world will stop turning and profits will end.

    Checking my father's statement for him I see his stocks generated dividends that added up to a lot of money, unless for the high rollers posting $72K is small change. Not to me it isn't.

    People who have money worldwide will buy stocks as long as interest rates are so low.

    Having lived in a few countries with many poor, there are still always some rich around who will buy stocks anyway.

    Pensions and mutual funds are going to buy them anyway, what else can they buy?

    The richest lady I know is 95 and she's gotten that way buying quality stocks and holding them for 65 years. Today she's not interested in her portfolio much, but it pays the people who attend to her every whim.

    I'd sell some stocks if I could't pay my bills. Otherwise I can't see the reason for it.
    Aug 24 10:27 AM | 1 Like Like |Link to Comment
  • Market Timing Report: Indicators Are Cued Up For A Bear Market [View article]
    Gold doesn't pay a dividend so it's yellow metal to me.

    To preserve capital if you are super rich already, Swiss Francs serve as a gold substitute.
    Aug 24 10:18 AM | 1 Like Like |Link to Comment
  • Tesla: The Short Of The Decade? [View article]
    I'm somewhat amazed a couple of guys above actually follow my posts making fun of Tesla and its fans. I'm more amazed they post links to other such comments I made.

    Battery cars have been around since 1901 and there is no "breakthrough technology" that can defeat the laws of physics or chemistry. A battery is just an inferior way to store energy to push a car hither and yon.

    I invented a carriage vehicle pulled by a unicorn who lives on lichens and he belches no methane from either end so it's very safe for the environment.

    Unicornholier than Thou was rejected as a company name, any ideas guys?
    Aug 19 06:00 PM | 2 Likes Like |Link to Comment
  • Tesla: The Short Of The Decade? [View article]
    Tesla is corporate welfare disguised as a car company.
    Musk is Don Quixote.
    All of the Tesla promises of world car domination are just "hype and change".

    Consumer reports, NYTimes and others weren't impressed.

    Batteries simply aren't good for powering cars around. Volt is superior technology and hybrids are vastly more convenient.

    In extreme cold and heat remember how batteries lose significant power.

    Imagine trying to get somewhere in Florida, Texas or Arizona in summer with the AC on full blast. How about New Hampshire in the wintertime?

    The Tesla fanboys think the whole world is California but it's not.

    Tesla=AOL: some guys will make money on this stock, others will be caught holding the bag.
    Aug 19 11:26 AM | 5 Likes Like |Link to Comment
  • Deere & Co.: Plowing Its Way To Lower Prices [View article]
    I guess the author believes that worldwide 1. growing food is going away 2. Deere quality is going away 3. Deere brand power is going away.

    I doubt all 3 myself but it's all grist for the mill.
    Aug 19 09:00 AM | 2 Likes Like |Link to Comment
  • Tesla: The One Major Item That Concerns Me [View article]
    My reply is for the guys below.

    Whether people learn sooner or later to save $2/gallon on natural gas is unknown, but smart guys would buy a Civic and invest the $75K in something useful, you can do whatever you want with your money.
    There are places to fill up with natural gas, of course, you can also install your own compressor and save another 75 cents a gallon by avoiding the fuel tax.
    There are many natural gas stations in California but where you live I don't know.
    The Columbia car company in Hartford sold an electric car in 1901.The 2014 Nissan Leaf has the *same range*. Batteries are not magical devices to defy the laws of physics.
    More cars will be offered with natural gas and already truck fleets are moving towards natural gas.
    Where I live, all of the buses run on natural gas. This is a growing trend.
    Effeciency is not what the customer cares about, he cares about 1. convenience 2. cost
    Waiting around to charge a car is your idea of freedom but not mine.
    High temperatures and low temperatures both knock the range down. I can't imagine someone riding around a Tesla in summertime in Texas or Florida.
    Tesla is selling in California and beyond that it's going to be tough.
    Aug 12 02:10 PM | 3 Likes Like |Link to Comment
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