Intel went public in 1971. It might have just been an aftermarket purchase.
Leveraged ETFs don't work over longer periods of time -- say months for sure but maybe even weeks during periods of hyper-volatility (i.e, March...
Not a fan of "bear" funs over the long haul.
Private pensions are in pretty good shape with the exception of labor-dominated multi-employer plans.
Sure, they're "earned" in the sense promised...but we're overpromising based on flawed financial assumptions that any 1st Level CFA student or MBA...
EntitlementS...plural :D...anything non-defense and non-interest.
It's $846 billion for 2019, with revisons coming: https://www.bea.gov/system/files/2020-03/gdp4q19_3rd_0.pdf
Aside from peak spikes from Korea (1951-52) and Vietnam (1966-68), the rest of the 1950's and 1960's saw spending pretty much within 2% of those...
Military spending has been slashed proportionately since the 1950's and 1960's as a % of the federal budget (50% down to 18%) and of GDP (from 8%...
I think you're dead-right, Jeff. Thanks !
BARRON'S had a bullish piece on gold this week...they said the intraday high was $1,923 on 9/6/11 ? Anybody remember that ? I thought that the...
Balancing the budget isn't as important as just getting entitlements under control. Do that, and the budget will fix itself. Entitlement have...
This virus thing has been great for the U.S. dollar. China's lack of transparency has put off another 10-20 years any talk of the Yuan being a...
That tax revenue has to be made up somehow -- the state isn't cutting spending. So it falls on the middle class who are not as easily mobile....
How is renting a property going to affect taxes ? Whether you live in a house or apartment, the taxes are set by the town/city....you can live...
The State of NJ imposed a "Millionaires Tax" designed to "get" the Super Rich. The wealthiest person in the state, hedge fund manager David...
Touche !! But as a resident of a high-tax state, everybody really should. The real problems are in the unfunded pensions. These states are...
Maybe the high-tax states can start to live within their means ??
I'm not an expert on this coin by any stretch (as a Saint collector, the 1933 story is more to my liking)...but as I understand it the coins were...
Does anybody know what became of Paramount ? They were big in the 1960's and 1970's.
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