TMFMorgan

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TMFMorgan commented on an article. 5:25 PM

If You Only Know 5 Things About Investing, Make It These

Thanks for the comments, everyone.

Damilkman,

I agree that hedge funds would provide a valuable service if they could generate a given level of returns with lower volatility. On average

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TMFMorgan commented on an article. 10:12 AM

Anatomy of the World's Most Insane Health Care Billing System

xxf,

The article addresses your point.

-Morgan

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TMFMorgan commented on an article. 3:47 PM

5 Things I Learned From Reading Procter & Gamble's Annual Report

Criticism noted and at times well deserved. Some of the rebuttals are a little offbase, but I'll try to do better.

-Morgan

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TMFMorgan commented on an article. 2:21 PM

The Budget Deficit Is Collapsing

<<So, no, we cannot continue to ignore our escalating debt any more than any of the countries we see implementing austerity measures. (We are special, but not that special.)>>

We're special in the

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TMFMorgan commented on an article. 2:05 PM

The Desperate, Deceptive Measures Penny Stock Scammers Use to Dupe Investors

Great work, Brian.

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TMFMorgan commented on an article. 1:18 PM

Anatomy of the World's Most Insane Health Care Billing System

Thaeger,

Yes, it's a very good read. Brill's article was the reason the CMM released this database.

-Morgan

Article Comment

TMFMorgan commented on an article. 12:38 PM

Anatomy of the World's Most Insane Health Care Billing System

Jason,

I'm not a lawyer and have no answer to your question about illegal pricing schemes. But thanks for the comments.

Abeno,

It's not broken out in the database. But

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TMFMorgan commented on an article. 12:27 PM

The Deep Downside of Home Ownership

You show me where the article says "home ownership sucks" and I'll show you where it says "owning a home makes sense for a lot of people."

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TMFMorgan commented on an article. 8:49 AM

The Biggest Retirement Myth Ever Told

<<I have the impression that, although other basic expenses such as food have risen moderately the amount spent for taxes has increased significantly more. Is this correct?>>

No.

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TMFMorgan commented on an article. 11:42 AM

The Real, Real Price of Gasoline: Probably Lower Than You Think

<<Saying gas costs less if you use less is an absurdly stupid thing to say>>

Is it? Whale oil is really expensive today. Most people don't care because they don't use as much anymore. It's the same

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TMFMorgan commented on an article. 3:43 PM

The Real, Real Price of Gasoline: Probably Lower Than You Think

<<We now export more oil than we import but prices are much higher than an adjusted 1970 price.>>

We are still net oil importers.

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TMFMorgan commented on an article. 3:42 PM

The Real, Real Price of Gasoline: Probably Lower Than You Think

^ Yes. The article says the gains were smaller than they appear in nominal terms, not that they were wiped out. It explicitly says gas prices are higher than they were in the 1990s, even after all adjustments for wages and fuel

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TMFMorgan commented on an article. 3:19 PM

The Biggest Retirement Myth Ever Told

sgibney,

As stated in the article, the figure are adjusted for inflation.

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TMFMorgan commented on an article. 2:47 PM

The Deep Downside of Home Ownership

damilkman,

I agree 100%! I think the big problem is how uncommon that view is.

After the housing bubble (2010), a Fannie Mae survey showed that 60% of homeowners bought their home because

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TMFMorgan commented on an article. 7:33 AM

The Biggest Retirement Myth Ever Told

2motley4words,

Thanks!

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TMFMorgan commented on an article. 7:21 AM

Daniel Kahneman on Why Losing Money Hurts More Than Making It

Folks, I apologize for the odd headline. It just occurred to me that it makes no sense whatsoever. It should have been "Why we hate losing money more than we like making it."

-Morgan

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TMFMorgan commented on an article. 9:24 PM

The Biggest Retirement Myth Ever Told

<<UNLESS YOU DIE WITHIN A FEW YEARS OF STARTING TO COLLECT YOUR SS CHECK, ALL OF US RECEIVE MUCH MORE IN SS THAN WE EVER PAID IN>>

A two-earner couple who earned an average wage retiring in 2010 will

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TMFMorgan commented on an article. 9:04 PM

Jobs Come Bouncing Back

<<Currently there are less people working now than since the dreaded term of Jimmy Carter ... I don't quite understand how this is not mentioned in most media!>>

The fact that it's not true might

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TMFMorgan commented on an article. 7:48 AM

The Biggest Retirement Myth Ever Told

<<So, how did all these people ill-suited for retirement survive when they did stop working?Social Security does not seem like nearly enough to cover expenses.>>

They lower their expenses.

Article Comment

TMFMorgan commented on an article. 3:48 PM

The Biggest Retirement Myth Ever Told

<<Retirement doesn't become harder the more you get paid, it becomes easier.>>

Great comment.