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hornmpa96

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Posts posted by hornmpa96

  1. 32 minutes ago, txduck87 said:


    However, now might be the best time to allocate some money to bond funds as we most likely heading into a rate REDUCTION environment.

    Just bumped up my bond allocation from 10 to 20% last week. All in BND. Up 2% last week. For the most part , I abhor bond funds and get my fixed income from real estate syndications. But, in a declining rate world, there is money to be made in them.

    For the record , I’m retired (58) and currently have 60%equity, 20% bond, 15% real estate syndicates , 5% cash.

    I advise my sons 25, 20 and 17, to be 100% equities . VTI, VXUS and VGT because they are young and long term, equities are the place for most growth.

    Hook ‘em.

    Yep - I've been buying BLV since February based on the assumption that declining rates would have a more significant impact on the long-end of the curve.

    • Like 1
  2. Chevron already has 7,000 employees in Houston and 2,000 in San Ramon. No idea how much excess space they have in downtown as they have offices in the old Enron building. Also, I think the corporate employees may work from home either 2 or 3 days per week.

    • Like 1
  3. 1 hour ago, mdmost said:

    Double Dave's?

    I swear of the freshman 15 I gained, more like 20, at least 10 of those could be attributed to the buffet at Mr. Gatti's off MLK. 

    My freshman 25 was a combination of beer and a large Gumby’s pizza every weekday around midnight. If I ate like that now, I would need a scooter to get around.

    • Hook 'Em 1
  4. 7 hours ago, Captainant said:

    Well using centerpoint as an example... They took in $6.5B in profit last year, but spent evidently nothing on infrastructure hardening or disaster prep. But they raised our rates nonetheless and goosed their profits to all time highs

    A state sanctioned monopoly gouging customers and then leaving them in the dark, while raking in beaucoup bucks is a decent starting point of example

    Can you please stop citing this bullshit?

    Centerpoint had net income of $917 million in 2023. Centerpoint generated net cash flows of $18 million in 2023 after considering capex of $4.4 billion and dividends of $535 million.

    Learn the difference between gross vs net.

    You’re basically citing a 2000 dot-com financial metric - “EBE” or Earnings before expenses.

    • Hook 'Em 1
    • Like 2
    • Haha 1
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