What Are You Doing Right Now
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@RojoLoco said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@RojoLoco said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@Obsolesce said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@WrCombs said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@WrCombs said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@dafyre said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@dafyre said in What Are You Doing Right Now:
@MattSpeller said in What Are You Doing Right Now:
Just saw the 3mth and 10yr bond prices inverted in the USA
You dabble in the stock market?
That would be the bond market
Yeah, that too.
I've always associated the two as being similar.
Insofar as they are both investing. But beyond that, they are unrelated investment vehicles.
but a good portfolio has both vehicles
Absolutely not. That's the kind of stuff they tell the poor to keep them poor.
OK
Bonds are the riskiest thing you can do. You don't get a safer portfolio by throwing money away. That's on par with saying that a good portfolio includes stuffing cash in a mattress. "Diversification" is one of those blind kinds of hype that they use to justify things that logically make no sense.
It's like saying "Don't keep all of your eggs in one basket." It is the kind of thing that people repeat so much that they have no idea what it means, so you can say it about anything and people just assume that what you are saying makes sense.
When in reality, bonds are a super risky investment meant only for the ultra-rich to do specific "against the market" bets. Normal investors have no reason to add so much risk.
I had a WF advisor for 5 years every time say to avoid the bonds. Turns out he was always right.
It's one of the first things that they teach when you study investing. Sure, there are super specific times that a really progressive investor can use them wisely, everything has its place (including stuffing cash in a mattress), but you can't do it casually or for "diversification". it's always "insider market knowledge with a tremendous amount of savvy" needed to make it pay off.
Even investors knowing only generally about the 1929 crash would have lost had they used bonds instead of stocks.
Stuffing cash in a mattress always has its place. It's the ultimate tax shelter.
It's the losses vs inflation that protects you from taxes, not the mattress. LOL. The taxes hit you when you get the cash in the first place.
Not always, depends on where you got the cash. Keep it out of banks and off the record = tax free.
Yeah, but it's already tax free. You don't need the mattress for that. You get taxes at the "getting it out" step.
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@WrCombs said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
If you really want a tax shelter, move to a "Territorial Tax regime" country like Nicaragua or Uruguay with zero taxes on foreign earned income!
so you're saying get an offshore bank account and stash cash ?
Or launder it through Deutsch Bank like the president.
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@WrCombs said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
If you really want a tax shelter, move to a "Territorial Tax regime" country like Nicaragua or Uruguay with zero taxes on foreign earned income!
so you're saying get an offshore bank account and stash cash ?
No, that actually doesn't help. The account being offshore doesn't affect your taxation. It might be a step in a tax shelter, but isn't one itself.
Moving to a non-tax country means there are no taxes. The ultimate tax shelter is eliminating the taxes.
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6 letter agencies just showed up at our counter
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@scotth said in What Are You Doing Right Now:
6 letter agencies just showed up at our counter
Better than three letter agencies.
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I typed into that one.
Hey Abbott! -
@scottalanmiller said in What Are You Doing Right Now:
@brandon220 said in What Are You Doing Right Now:
Anyone else notice on Nextcloud 16 the File Handling settings are missing from the settings page? I know they are normally greyed out but it is totally missing.
Yeah, I don't see them either.
@scottalanmiller did you ever figure out why the upload settings disappeared? The .user.ini file has no reference to the Max Upload anymore either. The manual for NC 16 makes no reference of them changing anything. Very strange.
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@brandon220 said in What Are You Doing Right Now:
@scottalanmiller said in What Are You Doing Right Now:
@brandon220 said in What Are You Doing Right Now:
Anyone else notice on Nextcloud 16 the File Handling settings are missing from the settings page? I know they are normally greyed out but it is totally missing.
Yeah, I don't see them either.
@scottalanmiller did you ever figure out why the upload settings disappeared? The .user.ini file has no reference to the Max Upload anymore either. The manual for NC 16 makes no reference of them changing anything. Very strange.
No, I didn't come across anything.
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Just finished up yet another cup of Coffee .
Ready to go home and Play some basketball with my Son.
enjoy this Beautiful day we have here. -
@WrCombs said in What Are You Doing Right Now:
Just finished up yet another cup of Coffee .
Ready to go home and Play some basketball with my Son.
enjoy this Beautiful day we have here.20 degrees Celsius, Little to no wind, I be in a good mood.
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@WrCombs hell yeah, we're having an actual seasonal day today... 71 'merica degrees.
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Just found out I got the job. 20% increase in pay over my last one. Managing a healthy team for a quality C level instead of what I had at my previous place that burned me out.
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Still catching up from being away at MangoCon.
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@fuznutz04 said in What Are You Doing Right Now:
Still catching up from being away at MangoCon.
Tell me about it!
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@scottalanmiller Worth it!
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Downloading some ISOs before tonight's off-hours work tasks.
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installing veeam b&r 9.5 on a few hyper-v host servers
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Everyone is playing board games here.
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@scottalanmiller said in What Are You Doing Right Now:
@fuznutz04 said in What Are You Doing Right Now:
Still catching up from being away at MangoCon.
Tell me about it!
Videos up yet?
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Just updated my windows box to 1903