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Posts posted by hornmpa96
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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.
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or said differently, it may not be a great idea to hold bond funds in a period of extremely low interest rates. The yield on the fund sucks and there is the risk of capital loss when rates go up. Unfortunately, this was an expensive lesson for me.
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4 minutes ago, Burt Macklin said:
Why is that surprising? Baylor has a long and storied history of letting predators loose on campus.
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27 minutes ago, Biff Tannen said:
This seems correct to me
I worry about Michigan.
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Lucky for us they didn’t throw Singleton a third slider.
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That’s crazy. We actually had lunch there last weekend. With both Porkys and Alamo Springs closed, that only leaves Pecan Grove for a great burger.
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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.
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I guess “Bad News” isn’t actually good news anymore.
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Throwing every pitch at max effort and spin is driving all the pitching injuries. I’m not sure it’s sustainable in the long-run.
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Have I gone back in time to April?
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Trade Raped!
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Just now, Mitch Hedberg said:
torches
WTF?
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Cabbage has no chance tonight.
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She needs to pick a VP that assists in the Swing States and they should spend every day in those states from today forward.
Leave No Doubt and Run up the Score!
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That flight attendant should be fired. There was no reason to escalate a simple misunderstanding about a cup of ice.
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2 hours ago, South Austin said:
As an experiment, I'd like to try Gumby's pizza during the daylight when I'm sober.
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This thread needs more Mona Lisa Vito.
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3 hours ago, BehoId, The Underminer! said:
I do like that he wants to do that sort of stuff now, two years after he had a unified congress and far too close to the end of his term to get legislation done on it anyway.
That was never going anywhere with Manchin and Sinema.
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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.
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2 minutes ago, Hate said:
What the hell is Uri?
Winter Storm URI in 2021 - I’m team drip.
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My nested outage was fixed this morning. The Generac purchased after Uri has been a champ through this.
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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.
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Houston Astros 2024 Season Thread
in Baseball
Posted
He beat it but came off the bag.