OrmontUS’ Activity

Yesterday

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OrmontUS replied to the Macro Economic Trends and Risks board. 9:58 PM

Re: Marrying Rich Better Than An Education

While the degree seems to be important to most, it's the education (formal or not) which gives you a better chance of success.

There is a movement in the IT field to call highly trained (in a specific group of hardware) technicians [more]

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OrmontUS replied to the Best Travel Spots/Tips board. 6:33 PM

Re: insurance

Paul,

That's the reason I take the annual air ambulance contract. Frankly, we self-insure the cost of our trip to a certain extent, but the cost of the contract is reasonable enough (BTW they have an AARP discount) considering that an [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 2:07 PM

Re: Marrying Rich Better Than An Education

OTOH, there was an electronics technician, who received his training in a foreign military (Israeli) who paralleled me in engineering school. He already knew the coursework and used to make deals with the professors - if he aced all the exams, he [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 12:30 PM

Re: Marrying Rich Better Than An Education

I've heard of a lady who got a visa for being the equivalent of Einstein and then married rich as well.

**** Not Signed ****

PS: You can take every course MIT offers on-line for free. After learning everything an engineering [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 8:17 AM

Re: Sears CEO Beating a Dead Horse

My guess is that, after eviscerating the company for the gain of the guys who ran the leveraged buyout game, they now want to take whatever valuable nuggets are left and leave the empty husk behind for the rest of the stockholders.

Jeff

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OrmontUS replied to the Macro Economic Trends and Risks board. 8:13 AM

Re: DEATH TO DOLLAR: Iran, China Seek to ...

The agreement worldwide to use the US dollar as the lingua franca of currencies has been a boon to international trade for the past 70 years +/-. That said, it had consequences. As the Swiss found out a few years ago, their dependence on the SWIFT [more]

Mon Apr 23

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OrmontUS replied to the Best Travel Spots/Tips board. 10:38 PM

Re: insurance

We use MedjetAssist as evacuation coverage, but we handle medical a bit differently. By buying a standard (well we generally end up with the "deluxe" package) insurance from Allianz, we put down $0 as the covered cost of the trip. The [more]

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OrmontUS posted to the Macro Economic Trends and Risks board. 10:29 PM

We are in a bubble (objective view)

A very worthwhile (easy, but not short) read by Rob Arnott et al of Research Associates:

[more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 10:25 PM

Re: OT: First a private email server, now...

OK, we had a chuckle (and a tear), let's move on.

Jeff

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OrmontUS posted to the Macro Economic Trends and Risks board. 9:56 PM

OT: There is no safe corner

https://www.cnn.com/2018/04/23/world/toronto-collision-pedes...

Toronto collision leaves 10 dead, 15 injured; suspect in custody. Act seems to be [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 8:09 PM

Re: Dow slips as Treasury 10-year yield approaches 3

One wonders how bond holders will feel as rates slowly eat into their capital (gains or otherwise). What would you do if you knew an investment of yours was mathematically destined to continue to lose value over the foreseeable future?

Jeff

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OrmontUS posted to the Macro Economic Trends and Risks board. 8:05 PM

OT: First a private email server, now...

OT - Clearly could be interpreted as political (if it wasn't so obviously stupid)

[more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 3:17 PM

Re: 14 states hit record-low unemployment

Yeah, but in 1999, taxes were far higher for the "job creator" class

Jeff

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OrmontUS replied to the Macro Economic Trends and Risks board. 10:27 AM

Re: Control Panel: Treasury trend change?

WilliB,

The short answer (unless the Fed changes the laws of physics again) is yes.

OT: Based on re-reading of my post and Wendy's, I've just dropped equity portfolio by about 15% by selling a number of issues including [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 8:25 AM

Re: OT for Jeff and other travelers.

Dave,

Doesn't work that way in most places. The problem with major tourist sights is that they are rough to move to another venue (while the Louvre built a glass pyramid in Paris, but it's just not the same somehow - maybe no [more]

Sun Apr 22

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OrmontUS replied to the Macro Economic Trends and Risks board. 8:05 PM

Re: Control Panel: Treasury trend change?

The dollar index is down to 90 for the first time since 2014
Look at "All" timeline here:
https://www.marketwatch.com/investing/index/dxy

One of our local banks [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 6:29 PM

Re: Pension plans an existential threat to our p

You're right that I "made my money" when taxes were much higher. I have also expressed my opinion that taxes are too low to maintain the services we require and our expenses too high on "frivolous" purchases like wars and the [more]

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OrmontUS posted to the Macro Economic Trends and Risks board. 10:25 AM

Pension plans an existential threat to our pocke

http://money.cnn.com/2018/04/17/retirement/multiemployer-pen...

Long story short: We (the taxpayers) backstop "multi-employer" [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 9:55 AM

Re: Eat SHYTE

It makes perfect sense for him to charge more on Amazon, in order to protect his retailers.

I heard a young lady recently say that she never buys anything on line where shipping is charged. I can sympathise with her view because, as a [more]

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OrmontUS replied to the Macro Economic Trends and Risks board. 9:39 AM

Re: OT for Jeff and other travelers.

'Hound,

I don't think I've hit that one. I do remember, back around 2000 before the Three Gorges Dam raised the water level on the Yangtze River, walking a set of 750 stairs (in 92F degree temperature) to a temple at the top, [more]

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Boards Stats & Trivia

Big gold star, 5000 posts Top Recommended Fools Feste Award Nominee!
Board Posts 12398
Recs Received 40684
People who have rec'd these posts 1384
Recs to Posts Ratio (last 30 days) 15.50
Threads Started 3817
Threads Started Percentage 30.79 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: National debt (7/20/2007)
Percentage of Posts Rec'd 71.01 %
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