• Re: Trump Cabinet of Horrors?

    From TT@21:1/5 to All on Fri Nov 22 12:13:43 2024
    TT kirjoitti 22.11.2024 klo 12.05:
    Haven't been following much the Trump nominations, but some say it'll be cabinet of horrors. Do you agree?

    The people I know...

    -Tulsi Gabbard head of security.
    ... someone who to my recollection spent a few years at Russia Today
    spouting Putin's propaganda. Hillary said bitd that Russia is grooming Gabbard. Surely this can't be safe choice to lead US intelligence agencies.

    -Kennedy head of healthcare
    ... Vaccine critic/conspiracy theorist

    -Matt Gaetz as attorney general :))))
    ... oh wait, it's now Pam Bondi.
    To my recollection this woman received campaign donations etc from Trump
    in order to ice some investigation on Trump's businesses. Which she did.

    "During the 2016 Republican National Convention, she joined in “lock her up” chants"

    "After Trump lost the 2020 election, Bondi was involved in efforts to overturn the results, falsely claiming that Trump had “won Pennsylvania” at a news conference in Philadelphia"

    Only the best people, again.

    Who else?

    ...Oh yes....

    -Musk to lead Department of Government Efficiency (DOGE). Judging by the acronym & Musks history, he never misses a beat to questionably
    influence his crypto holdings prices.
    I guess the plan is to fire everyone and then hire back the ones which
    the gov couldn't do without. Brilliant! Super genius!

    Fun times ahead.

    Who else?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Fri Nov 22 12:05:15 2024
    Haven't been following much the Trump nominations, but some say it'll be cabinet of horrors. Do you agree?

    The people I know...

    -Tulsi Gabbard head of security.
    ... someone who to my recollection spent a few years at Russia Today
    spouting Putin's propaganda. Hillary said bitd that Russia is grooming
    Gabbard. Surely this can't be safe choice to lead US intelligence agencies.

    -Kennedy head of healthcare
    ... Vaccine critic/conspiracy theorist

    -Matt Gaetz as attorney general :))))
    ... oh wait, it's now Pam Bondi.
    To my recollection this woman received campaign donations etc from Trump
    in order to ice some investigation on Trump's businesses. Which she did.

    "During the 2016 Republican National Convention, she joined in “lock her up” chants"

    "After Trump lost the 2020 election, Bondi was involved in efforts to
    overturn the results, falsely claiming that Trump had “won Pennsylvania”
    at a news conference in Philadelphia"

    Only the best people, again.

    Who else?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From =?UTF-8?Q?Pelle_Svansl=C3=B6s?=@21:1/5 to All on Fri Nov 22 13:34:53 2024
    On 22.11.2024 12.13, TT wrote:
    -Musk to lead Department of Government Efficiency (DOGE). Judging by the acronym & Musks history, he never misses a beat to questionably
    influence his crypto holdings prices.

    You're just sore you didn't put the beaver skin on bitcoin.

    --
    "And off they went, from here to there,
    The bear, the bear, and the maiden fair"
    -- Traditional

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Fri Nov 22 14:16:55 2024
    Pelle Svanslös kirjoitti 22.11.2024 klo 13.34:
    On 22.11.2024 12.13, TT wrote:
    -Musk to lead Department of Government Efficiency (DOGE). Judging by
    the acronym & Musks history, he never misses a beat to questionably
    influence his crypto holdings prices.

    You're just sore you didn't put the beaver skin on bitcoin.


    Nah, can't be sore on every missed opportunity, I'm not a fortune
    teller. That only leads to going in just before the tide turns. Anyways,
    I don't believe meme-stuff is good in the long run.

    Still, Elon has definitely manipulated the crypto market with his tweets
    & stuff. This is another example. Now going to Trump admin to get nice
    inside deals etc...


    "What cryptocurrency does Tesla accept? Tesla only accepts Dogecoin.
    Tesla cannot receive or detect any other digital assets. Ensure you are
    making your purchase with Dogecoin."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Fri Nov 22 14:46:12 2024
    *skriptis kirjoitti 22.11.2024 klo 14.43:
    TT <TT@dprk.kp> Wrote in message:
    Haven't been following much the Trump nominations, but some say it'll be cabinet of horrors. Do you agree?The people I know...-Tulsi Gabbard head of security.... someone who to my recollection spent a few years at Russia Today spouting Putin's
    propaganda. Hillary said bitd that Russia is grooming Gabbard. Surely this can't be safe choice to lead US intelligence agencies.


    Yeah, sure, Samoan-German mongrel is a risk for America, while many Jews are not?

    Tell me you're joking?




    -Kennedy head of healthcare... Vaccine critic/conspiracy theorist


    He said no vaccine in the US has been tested and he's not against vaccines but he's against those that weren't tested?

    It's easy to debunk his lies if he's lying?



    No vaccine in the US has been tested? Right...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From *skriptis@21:1/5 to TT@dprk.kp on Fri Nov 22 13:43:00 2024
    TT <TT@dprk.kp> Wrote in message:
    Haven't been following much the Trump nominations, but some say it'll be cabinet of horrors. Do you agree?The people I know...-Tulsi Gabbard head of security.... someone who to my recollection spent a few years at Russia Today spouting Putin's
    propaganda. Hillary said bitd that Russia is grooming Gabbard. Surely this can't be safe choice to lead US intelligence agencies.


    Yeah, sure, Samoan-German mongrel is a risk for America, while many Jews are not?

    Tell me you're joking?




    -Kennedy head of healthcare... Vaccine critic/conspiracy theorist


    He said no vaccine in the US has been tested and he's not against vaccines but he's against those that weren't tested?

    It's easy to debunk his lies if he's lying?





    --




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    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From *skriptis@21:1/5 to TT@dprk.kp on Fri Nov 22 13:47:39 2024
    TT <TT@dprk.kp> Wrote in message:r
    *skriptis kirjoitti 22.11.2024 klo 14.43:> TT <TT@dprk.kp> Wrote in message:>> Haven't been following much the Trump nominations, but some say it'll be cabinet of horrors. Do you agree?The people I know...-Tulsi Gabbard head of security.... someone who
    to my recollection spent a few years at Russia Today spouting Putin's propaganda. Hillary said bitd that Russia is grooming Gabbard. Surely this can't be safe choice to lead US intelligence agencies.> > > Yeah, sure, Samoan-German mongrel is a risk for
    America, while many Jews are not?> > Tell me you're joking?> > > > > -Kennedy head of healthcare... Vaccine critic/conspiracy theorist> > > He said no vaccine in the US has been tested and he's not against vaccines but he's against those that weren't
    tested?> > It's easy to debunk his lies if he's lying?> > No vaccine in the US has been tested? Right...


    It's what he said, or something like that, can't find video.

    I think he won a lawsuit for that so clearly he was the one who was telling the truth.
    --




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  • From Custos Custodum@21:1/5 to skriptis@post.t-com.hr on Fri Nov 22 19:52:58 2024
    On Fri, 22 Nov 2024 13:47:39 +0100 (GMT+01:00), *skriptis <skriptis@post.t-com.hr> wrote:

    TT <TT@dprk.kp> Wrote in message:r
    *skriptis kirjoitti 22.11.2024 klo 14.43:> TT <TT@dprk.kp> Wrote in message:>> Haven't been following much the Trump nominations, but some say it'll be cabinet of horrors. Do you agree?The people I know...-Tulsi Gabbard head of security.... someone
    who to my recollection spent a few years at Russia Today spouting Putin's propaganda. Hillary said bitd that Russia is grooming Gabbard. Surely this can't be safe choice to lead US intelligence agencies.> > > Yeah, sure, Samoan-German mongrel is a risk
    for America, while many Jews are not?> > Tell me you're joking?> > > > > -Kennedy head of healthcare... Vaccine critic/conspiracy theorist> > > He said no vaccine in the US has been tested and he's not against vaccines but he's against those that weren't
    tested?> > It's easy to debunk his lies if he's lying?> > No vaccine in the US has been tested? Right...


    It's what he said, or something like that, can't find video.

    I think he won a lawsuit for that so clearly he was the one who was telling the truth.

    Now there's a late contender for "Non Sequitur Of The Year".

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Custos Custodum@21:1/5 to TT@dprk.kp on Fri Nov 22 19:54:45 2024
    On Fri, 22 Nov 2024 12:13:43 +0200, TT <TT@dprk.kp> wrote:

    TT kirjoitti 22.11.2024 klo 12.05:
    Haven't been following much the Trump nominations, but some say it'll be
    cabinet of horrors. Do you agree?

    The people I know...

    -Tulsi Gabbard head of security.
    ... someone who to my recollection spent a few years at Russia Today
    spouting Putin's propaganda. Hillary said bitd that Russia is grooming
    Gabbard. Surely this can't be safe choice to lead US intelligence agencies. >>
    -Kennedy head of healthcare
    ... Vaccine critic/conspiracy theorist

    -Matt Gaetz as attorney general :))))
    ... oh wait, it's now Pam Bondi.
    To my recollection this woman received campaign donations etc from Trump
    in order to ice some investigation on Trump's businesses. Which she did.

    "During the 2016 Republican National Convention, she joined in lock her
    up chants"

    "After Trump lost the 2020 election, Bondi was involved in efforts to
    overturn the results, falsely claiming that Trump had won Pennsylvania
    at a news conference in Philadelphia"

    Only the best people, again.

    Who else?

    ...Oh yes....

    -Musk to lead Department of Government Efficiency (DOGE). Judging by the >acronym & Musks history, he never misses a beat to questionably
    influence his crypto holdings prices.
    I guess the plan is to fire everyone and then hire back the ones which
    the gov couldn't do without. Brilliant! Super genius!

    Fun times ahead.

    Who else?

    Some wag on YT said that Trump's cabinet meetings will be like the bar
    scene in Star Wars.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Fri Nov 22 21:56:45 2024
    Custos Custodum kirjoitti 22.11.2024 klo 21.54:
    On Fri, 22 Nov 2024 12:13:43 +0200, TT <TT@dprk.kp> wrote:

    TT kirjoitti 22.11.2024 klo 12.05:
    Haven't been following much the Trump nominations, but some say it'll be >>> cabinet of horrors. Do you agree?

    The people I know...

    -Tulsi Gabbard head of security.
    ... someone who to my recollection spent a few years at Russia Today
    spouting Putin's propaganda. Hillary said bitd that Russia is grooming
    Gabbard. Surely this can't be safe choice to lead US intelligence agencies. >>>
    -Kennedy head of healthcare
    ... Vaccine critic/conspiracy theorist

    -Matt Gaetz as attorney general :))))
    ... oh wait, it's now Pam Bondi.
    To my recollection this woman received campaign donations etc from Trump >>> in order to ice some investigation on Trump's businesses. Which she did. >>>
    "During the 2016 Republican National Convention, she joined in “lock her >>> up” chants"

    "After Trump lost the 2020 election, Bondi was involved in efforts to
    overturn the results, falsely claiming that Trump had “won Pennsylvania”
    at a news conference in Philadelphia"

    Only the best people, again.

    Who else?

    ...Oh yes....

    -Musk to lead Department of Government Efficiency (DOGE). Judging by the
    acronym & Musks history, he never misses a beat to questionably
    influence his crypto holdings prices.
    I guess the plan is to fire everyone and then hire back the ones which
    the gov couldn't do without. Brilliant! Super genius!

    Fun times ahead.

    Who else?

    Some wag on YT said that Trump's cabinet meetings will be like the bar
    scene in Star Wars.

    So basically RST of old...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to As Buffett on Fri Nov 22 21:55:44 2024
    jdeluise kirjoitti 22.11.2024 klo 17.37:
    TT <TT@dprk.kp> writes:

    Pelle Svanslös kirjoitti 22.11.2024 klo 13.34:
    On 22.11.2024 12.13, TT wrote:
    -Musk to lead Department of Government Efficiency (DOGE). Judging
    by the acronym & Musks history, he never misses a beat to
    questionably influence his crypto holdings prices.
    You're just sore you didn't put the beaver skin on bitcoin.


    Nah, can't be sore on every missed opportunity, I'm not a fortune
    teller. That only leads to going in just before the tide
    turns. Anyways, I don't believe meme-stuff is good in the long run.

    There's a lesson here about not letting your emotions ruin a good
    investment opportunity.


    Perhaps. On other hand you shouldn't invest on assets you don't believe
    in just for speculation... it leads easily to selling at the bottom of
    the crash. Anyway, unlikely that'd I'd put a life changing amount on
    crypto no matter what so no big harm done.

    I'm more annoyed that I didn't buy (physical) gold a year back when I
    was considering it. And that I bought too little USA when fairly priced.
    Still, pretty happy with my SP500 min vol fund gains, and it should also
    be a bit more crash resistant.

    Sold part of US portfolio because a bank fund merged to another fund
    which had something like 2% yearly costs. Goddamn.

    I think preservation of capital is more important than going full FOMO.
    As Buffett says: "nobody wants to get rich slowly".


    Still, Elon has definitely manipulated the crypto market with his
    tweets & stuff. This is another example. Now going to Trump admin to
    get nice inside deals etc...


    "What cryptocurrency does Tesla accept? Tesla only accepts
    Dogecoin. Tesla cannot receive or detect any other digital
    assets. Ensure you are making your purchase with Dogecoin."

    Yes, Elon is 100% grifter.  But you know, all this "denaturalization"
    talk from the Trump camp might come back to bite HIM.  Why not seize his vast holdings while giving him the boot back to Cape Town?

    Elon has his flaws, but he's not all bad. Interesting character.

    So, any comments on other members of Trump cabinet I didn't mention?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Fri Nov 22 23:11:34 2024
    Sawfish kirjoitti 22.11.2024 klo 22.38:
    On 11/22/24 11:55 AM, TT wrote:
    jdeluise kirjoitti 22.11.2024 klo 17.37:
    TT <TT@dprk.kp> writes:

    Pelle Svanslös kirjoitti 22.11.2024 klo 13.34:
    On 22.11.2024 12.13, TT wrote:
    -Musk to lead Department of Government Efficiency (DOGE). Judging
    by the acronym & Musks history, he never misses a beat to
    questionably influence his crypto holdings prices.
    You're just sore you didn't put the beaver skin on bitcoin.


    Nah, can't be sore on every missed opportunity, I'm not a fortune
    teller. That only leads to going in just before the tide
    turns. Anyways, I don't believe meme-stuff is good in the long run.

    There's a lesson here about not letting your emotions ruin a good
    investment opportunity.


    Perhaps. On other hand you shouldn't invest on assets you don't
    believe in just for speculation... it leads easily to selling at the
    bottom of the crash. Anyway, unlikely that'd I'd put a life changing
    amount on crypto no matter what so no big harm done.

    I'm more annoyed that I didn't buy (physical) gold a year back when I
    was considering it. And that I bought too little USA when fairly
    priced. Still, pretty happy with my SP500 min vol fund gains, and it
    should also be a bit more crash resistant.

    Sold part of US portfolio because a bank fund merged to another fund
    which had something like 2% yearly costs. Goddamn.

    I think preservation of capital is more important than going full
    FOMO. As Buffett says: "nobody wants to get rich slowly".

    I am not a knowledgeable investor and I use a portfolio manager. He recommended NVIDA in 2020 and I bought 44 shares at ~348 per share.



    Earned you a car or couple right there...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Sat Nov 23 02:33:18 2024
    Sawfish kirjoitti 22.11.2024 klo 23.31:
    On 11/22/24 1:11 PM, TT wrote:
    Sawfish kirjoitti 22.11.2024 klo 22.38:
    On 11/22/24 11:55 AM, TT wrote:
    jdeluise kirjoitti 22.11.2024 klo 17.37:
    TT <TT@dprk.kp> writes:

    Pelle Svanslös kirjoitti 22.11.2024 klo 13.34:
    On 22.11.2024 12.13, TT wrote:
    -Musk to lead Department of Government Efficiency (DOGE). Judging >>>>>>>> by the acronym & Musks history, he never misses a beat to
    questionably influence his crypto holdings prices.
    You're just sore you didn't put the beaver skin on bitcoin.


    Nah, can't be sore on every missed opportunity, I'm not a fortune
    teller. That only leads to going in just before the tide
    turns. Anyways, I don't believe meme-stuff is good in the long run. >>>>>
    There's a lesson here about not letting your emotions ruin a good
    investment opportunity.


    Perhaps. On other hand you shouldn't invest on assets you don't
    believe in just for speculation... it leads easily to selling at the
    bottom of the crash. Anyway, unlikely that'd I'd put a life changing
    amount on crypto no matter what so no big harm done.

    I'm more annoyed that I didn't buy (physical) gold a year back when
    I was considering it. And that I bought too little USA when fairly
    priced. Still, pretty happy with my SP500 min vol fund gains, and it
    should also be a bit more crash resistant.

    Sold part of US portfolio because a bank fund merged to another fund
    which had something like 2% yearly costs. Goddamn.

    I think preservation of capital is more important than going full
    FOMO. As Buffett says: "nobody wants to get rich slowly".

    I am not a knowledgeable investor and I use a portfolio manager. He
    recommended NVIDA in 2020 and I bought 44 shares at ~348 per share.



    Earned you a car or couple right there...


    Luck has often worked for me, no shit.

    But sometimes you have to recognize when luck has presented you with a
    gift and you have to go ahead and grab it. That *wasn't* the case with NVIDA--it was pure luck for me, but always you have to see opportunities
    that luck throws in front of you, and dodge the piles of dogshit it flings.

    People who have real, repeated troubles in life don't even know what I'm talking about here: the concept is alien to their way of seeing things.

    I guess you're talking about ceasing opportunities & minimizing risk.

    In investing EVERYONE tells you that they will buy after the market
    crashes... and when it does, they're too scared that it will drop more
    because of the reason(s) the market crashed in first place. Take for
    example China hitting record lows in January, nobody dared to touch it,
    it was "uninvestable" etc. I thought it was less risky than more
    expensive markets and ceased the opportunity with a nice sum. Has done
    pretty well since, not a big surprise imo.

    The important thing is that you're positioned to be ok whatever the
    stock market does.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Sun Nov 24 19:18:18 2024
    jdeluise kirjoitti 24.11.2024 klo 3.00:
    TT <TT@dprk.kp> writes:


    Elon has his flaws, but he's not all bad. Interesting character.

    Musk engages in censorship on Twitter and is generally anti free speech, though he fools the rubes into thinking the opposite.  He also seems to
    have anti-democratic, elitist ideas.  Maybe he's good for apartheid-era South Africa?  Putting him in prominent positions in government while he remains CEO of multiple large businesses is a recipe for massive
    corruption.

    Corruption in Trump's cabinet? Shirley you jest.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From TT@21:1/5 to All on Sun Nov 24 20:03:09 2024
    Sawfish kirjoitti 23.11.2024 klo 4.30:
    On 11/22/24 4:33 PM, TT wrote:
    Sawfish kirjoitti 22.11.2024 klo 23.31:
    On 11/22/24 1:11 PM, TT wrote:
    Sawfish kirjoitti 22.11.2024 klo 22.38:
    On 11/22/24 11:55 AM, TT wrote:
    jdeluise kirjoitti 22.11.2024 klo 17.37:
    TT <TT@dprk.kp> writes:

    Pelle Svanslös kirjoitti 22.11.2024 klo 13.34:
    On 22.11.2024 12.13, TT wrote:
    -Musk to lead Department of Government Efficiency (DOGE). Judging >>>>>>>>>> by the acronym & Musks history, he never misses a beat to
    questionably influence his crypto holdings prices.
    You're just sore you didn't put the beaver skin on bitcoin.


    Nah, can't be sore on every missed opportunity, I'm not a fortune >>>>>>>> teller. That only leads to going in just before the tide
    turns. Anyways, I don't believe meme-stuff is good in the long run. >>>>>>>
    There's a lesson here about not letting your emotions ruin a good >>>>>>> investment opportunity.


    Perhaps. On other hand you shouldn't invest on assets you don't
    believe in just for speculation... it leads easily to selling at
    the bottom of the crash. Anyway, unlikely that'd I'd put a life
    changing amount on crypto no matter what so no big harm done.

    I'm more annoyed that I didn't buy (physical) gold a year back
    when I was considering it. And that I bought too little USA when
    fairly priced. Still, pretty happy with my SP500 min vol fund
    gains, and it should also be a bit more crash resistant.

    Sold part of US portfolio because a bank fund merged to another
    fund which had something like 2% yearly costs. Goddamn.

    I think preservation of capital is more important than going full
    FOMO. As Buffett says: "nobody wants to get rich slowly".

    I am not a knowledgeable investor and I use a portfolio manager. He
    recommended NVIDA in 2020 and I bought 44 shares at ~348 per share.



    Earned you a car or couple right there...


    Luck has often worked for me, no shit.

    But sometimes you have to recognize when luck has presented you with
    a gift and you have to go ahead and grab it. That *wasn't* the case
    with NVIDA--it was pure luck for me, but always you have to see
    opportunities that luck throws in front of you, and dodge the piles
    of dogshit it flings.

    People who have real, repeated troubles in life don't even know what
    I'm talking about here: the concept is alien to their way of seeing
    things.

    I guess you're talking about ceasing opportunities & minimizing risk.

    Not sure, TT. Let's kick it to find out. We may not be talking about the
    same thing...

    Let's start from the assumption where I, personally, do not like
    investment that is largely outside of my control. All investments have
    an uncontrolled element, and I'm too scared, too nervous, to go there,
    but...

    As revenues/assets from more "controlled" investments (income RE and
    sale of RE assets) you *MUST* put them somewhere: you can't put them
    under your mattress, and you can't put them into a savings account. The nature of fiat currencies and monetary polices mean that the asset level
    has to float in value.

    This is where, as you said earlier, physical gold has a role.

    So this is where I use a manager. This, too scares me, but I also know
    that I will not spend the proper amount of time/study to assign
    equity-type investments myself. So I find managers, almost by luck, and follow their advice. I turn over "surplus" revenues to them and have
    done this since about 2000. For the most part I've been OK.

    I have four separate portfolios under different management companies,
    for a level of diversification. So the portfolios target different risk levels as well as different investment houses.

    So all of this may sound smug, but I'm less smug than satisfied and
    relieved. If you grew up with minimal money, you'll know what I mean.


    Four managers seems a bit excessive.

    Heck, I had one and it felt he just tried to sell me the expensive bank
    funds. Well, had a couple decent tips from him... since then I've been
    trying to manage portfolio myself... the aim is to have at some point allocation that doesn't need adjusting.

    And readjusting allocations isn't such a hot idea in Finland anyway
    since the capital gains tax is 30-34%. Can only do tax free selling on
    Finnish equity account for Finnish equities, paying the tax when
    withdrawing money from the account.

    We don't have tax free 401 here.


    In investing EVERYONE tells you that they will buy after the market
    crashes... and when it does, they're too scared that it will drop more
    because of the reason(s) the market crashed in first place.

    Yes, exactly. I agree. I, myself, have done this prior to management.

     Take for
    example China hitting record lows in January, nobody dared to touch
    it, it was "uninvestable" etc. I thought it was less risky than more
    expensive markets and ceased the opportunity with a nice sum. Has done
    pretty well since, not a big surprise imo.

    The flip side also works: people ride a market up for a long time--been
    going up and up, and you wait for the top--without ever really thinking
    about how you'll recognize the top, because during that run up, there
    were some market retreats, but overall it was up.

    So then it does turn, you hold and hold, and finally you see that it
    won't recover to the high, and then when you sell, you're still selling
    at a gain, but maybe 20-25% off the peak.


    Yes, I find timing of selling more tricky than timing the buying.


    The important thing is that you're positioned to be ok whatever the
    stock market does.

    Yes, this is doable so long as you have no need to take any of the cash
    for emergencies/luxuries/etc.

    Investment money is fundamentally different from "regular money", which
    needs to be reasonably liquid.


    The way I figure, medium term bond funds are at least semi-liquid, so
    have lots in those. If stock markets tank, can probably sell bond etfs
    with profit or at least not a big loss and buy stocks. If inflation goes
    up again then stocks AND bond funds will fall in value... however bond
    funds will also then yield better in medium term.

    That's why there are MM funds & high rate savings accounts, although for
    those one gets only 3%+ in Europe currently, probably more in UK. I
    guess that's my "regular money" part. And a savings account which yields nothing. :)

    If one listens to financial experts on media, those talking head
    billionaires, they almost always recommend having everything invested in stocks. That's risky BS.
    Easy to say when having own net worth in billions.
    Warren Buffett recommends 90% stocks 10% bonds, all US and just buy &
    hold - but certainly doesn't live up to it himself...

    --- SoupGate-Win32 v1.05
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