Addiction LXXI
07-26-18, 11:56 AM
#3201
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,592
Bikes: Have two wheels
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2,506 Posts
07-26-18, 12:00 PM
#3202
Senior Member
Join Date: Dec 2009
Location: Houston, TX
Posts: 28,682
Bikes: 1990 Romic Reynolds 531 custom build, Merlin Works CR Ti custom build, super light Workswell 066 custom build
Mentioned: 109 Post(s)
Tagged: 1 Thread(s)
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36 Posts
True, the yield curve is fairly flat out from about 2 years. But with rates so low and the general trend upwards, bond funds just can't produce. Any improvement that they would show due to increased interest rates would be smothered by lower prices. But the individual issues are different. I'm buying nothing worse than A/A- grade, no Bs whatsoever. And I am judging the expected yield Fidelity charts that have a "Yield to Worst" column, meaning that all risks like the bonds being called, but not default, are included in the projected yield. By choosing a two-year maturity horizon, I am getting nearly the best rates possible right now, and I am guaranteed to get all my money back at maturity not too far down the line. If rates haven't risen by then, well I will just keep on doing the same thing, taking the best rates available for 2-year maturities or maybe maturities wherever the yield curve looks good at that time. Actually that is what I will do if rates are rising too. If Trump doesn't defeat his own economy stimuli, eventually rates will start to increase. The Fed has plans for that already. Little by little I hope to step up the yields until just maybe they will be high enough to support us without any equities in the portfolio. With maturities longer than our expected lifetimes that would be a pretty secure retirement funding plan and still leave our full principal for our kids. And if the rates never get to that point, well the other 60% of the portfolio in equities has been good to us for the last 10 years. I suspect we will be able to continue in the style to which we are accustomed just doing nothing different.
07-26-18, 12:20 PM
#3203
Senior Member
Join Date: Jan 2010
Posts: 39,238
Mentioned: 211 Post(s)
Tagged: 1 Thread(s)
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She's not Chinese. Whitebread S. Jersey all the way. Looks to be in her late 20s. No ring, but I heard her talking to a customer about how when she had her second kid people thought she was only 6 months along. I am guessing the Oaklyn or Blackwood areas. She's pleasant though. It just seems odd to me that when someone hands you a $20 for a $7.55 lunch you cannot do the math in your head.
07-26-18, 12:22 PM
#3204
Senior Member
Join Date: Jan 2010
Posts: 39,238
Mentioned: 211 Post(s)
Tagged: 1 Thread(s)
Quoted: 18415 Post(s)
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7,329 Posts
07-26-18, 12:24 PM
#3205
Senior Member
Join Date: Jan 2010
Posts: 39,238
Mentioned: 211 Post(s)
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7,329 Posts
07-26-18, 02:05 PM
#3206
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,052
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22598 Post(s)
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4,158 Posts
Sad!
07-26-18, 02:49 PM
#3208
Senior Member
Join Date: Jun 2015
Posts: 3,466
Mentioned: 57 Post(s)
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4 Posts
Smart. I will be getting discharged from Physical Therapy after my next visit and sent back to surgeon for cortisone shots. P.T. says functionally I'm very strong and in working order but the subjective side not so great. I'll take functional tho'.
Last edited by topslop1; 07-26-18 at 02:54 PM.
07-26-18, 02:53 PM
#3209
Senior Member
Join Date: Jun 2015
Posts: 3,466
Mentioned: 57 Post(s)
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4 Posts
Not a winner today.. man this thing was absolutely trashed.. no pictures posted so I had to run up and take them myself but I know why it's $125k instead of $150-175.. and even then it's overpriced.
07-26-18, 03:09 PM
#3210
VFL For Life
Join Date: Feb 2005
Location: Knoxville, TN
Posts: 51,221
Bikes: Velo Volmobile
Mentioned: 780 Post(s)
Tagged: 2 Thread(s)
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What's going to doom them is the upholstery in the heels is torn.
That seems to be a common theme in my shoes when they age.
07-26-18, 03:11 PM
#3211
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,052
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
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My cleats are trashed. I have replacements. The buckles haven't latched correctly in ages--you have to manually lift it up to make sure they don't slip.
What's going to doom them is the upholstery in the heels is torn.
That seems to be a common theme in my shoes when they age.
What's going to doom them is the upholstery in the heels is torn.
That seems to be a common theme in my shoes when they age.
07-26-18, 03:16 PM
#3212
VFL For Life
Join Date: Feb 2005
Location: Knoxville, TN
Posts: 51,221
Bikes: Velo Volmobile
Mentioned: 780 Post(s)
Tagged: 2 Thread(s)
Quoted: 28614 Post(s)
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1,319 Posts
It's something how the supply of long-term debt is expanding again ($1T next year) but rates barely move. I guess people/institutions have to put their money somewhere.
07-26-18, 03:22 PM
#3213
VFL For Life
Join Date: Feb 2005
Location: Knoxville, TN
Posts: 51,221
Bikes: Velo Volmobile
Mentioned: 780 Post(s)
Tagged: 2 Thread(s)
Quoted: 28614 Post(s)
Liked 1,857 Times
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1,319 Posts
They need self-checkout.
07-26-18, 03:28 PM
#3214
Administrator
Thread Starter
Join Date: Apr 2005
Location: Hudson Valley, NY
Posts: 33,001
Bikes: Merlin Cyrene '04; Bridgestone RB-1 '92
Mentioned: 325 Post(s)
Tagged: 2 Thread(s)
Quoted: 11969 Post(s)
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3,483 Posts
Fixed, sad indeed.
__________________
See, this is why we can't have nice things. - - smarkinson
Where else but the internet can a bunch of cyclists go and be the tough guy? - - jdon
07-26-18, 03:32 PM
#3215
Senior Member
Join Date: Dec 2009
Location: Houston, TX
Posts: 28,682
Bikes: 1990 Romic Reynolds 531 custom build, Merlin Works CR Ti custom build, super light Workswell 066 custom build
Mentioned: 109 Post(s)
Tagged: 1 Thread(s)
Quoted: 6556 Post(s)
Likes: 0
Liked 58 Times
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36 Posts
07-26-18, 03:35 PM
#3216
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,052
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22598 Post(s)
Liked 8,925 Times
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4,158 Posts
07-26-18, 03:37 PM
#3217
Senior Member
Join Date: Dec 2009
Location: Houston, TX
Posts: 28,682
Bikes: 1990 Romic Reynolds 531 custom build, Merlin Works CR Ti custom build, super light Workswell 066 custom build
Mentioned: 109 Post(s)
Tagged: 1 Thread(s)
Quoted: 6556 Post(s)
Likes: 0
Liked 58 Times
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36 Posts
She's not Chinese. Whitebread S. Jersey all the way. Looks to be in her late 20s. No ring, but I heard her talking to a customer about how when she had her second kid people thought she was only 6 months along. I am guessing the Oaklyn or Blackwood areas. She's pleasant though. It just seems odd to me that when someone hands you a $20 for a $7.55 lunch you cannot do the math in your head.
07-26-18, 03:50 PM
#3218
cowboy, steel horse, etc
Join Date: Sep 2008
Location: The hot spot.
Posts: 44,841
Bikes: everywhere
Mentioned: 71 Post(s)
Tagged: 1 Thread(s)
Quoted: 12769 Post(s)
Liked 7,684 Times
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4,078 Posts
07-26-18, 03:53 PM
#3219
Senior Member
Join Date: Dec 2009
Location: Houston, TX
Posts: 28,682
Bikes: 1990 Romic Reynolds 531 custom build, Merlin Works CR Ti custom build, super light Workswell 066 custom build
Mentioned: 109 Post(s)
Tagged: 1 Thread(s)
Quoted: 6556 Post(s)
Likes: 0
Liked 58 Times
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36 Posts
07-26-18, 03:56 PM
#3220
Senior Member
Join Date: Dec 2009
Location: Houston, TX
Posts: 28,682
Bikes: 1990 Romic Reynolds 531 custom build, Merlin Works CR Ti custom build, super light Workswell 066 custom build
Mentioned: 109 Post(s)
Tagged: 1 Thread(s)
Quoted: 6556 Post(s)
Likes: 0
Liked 58 Times
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36 Posts
07-26-18, 03:58 PM
#3221
Senior Member
Join Date: Dec 2009
Location: Houston, TX
Posts: 28,682
Bikes: 1990 Romic Reynolds 531 custom build, Merlin Works CR Ti custom build, super light Workswell 066 custom build
Mentioned: 109 Post(s)
Tagged: 1 Thread(s)
Quoted: 6556 Post(s)
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Liked 58 Times
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36 Posts
When did a collection of bicycles become a stable and a collection of wheels a quiver? As far as I am concerned, a collection of bikes is a garage, and a collection of wheels is a pile. That’s my position, and I am sticking to it.
07-26-18, 04:02 PM
#3222
Señor Member
She's not Chinese. Whitebread S. Jersey all the way. Looks to be in her late 20s. No ring, but I heard her talking to a customer about how when she had her second kid people thought she was only 6 months along. I am guessing the Oaklyn or Blackwood areas. She's pleasant though. It just seems odd to me that when someone hands you a $20 for a $7.55 lunch you cannot do the math in your head.
07-26-18, 04:05 PM
#3223
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,592
Bikes: Have two wheels
Mentioned: 169 Post(s)
Tagged: 2 Thread(s)
Quoted: 13713 Post(s)
Liked 4,529 Times
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2,506 Posts
07-26-18, 04:07 PM
#3224
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,592
Bikes: Have two wheels
Mentioned: 169 Post(s)
Tagged: 2 Thread(s)
Quoted: 13713 Post(s)
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I have a fleet of bicycles and a bag of wheels.
07-26-18, 04:07 PM
#3225
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,592
Bikes: Have two wheels
Mentioned: 169 Post(s)
Tagged: 2 Thread(s)
Quoted: 13713 Post(s)
Liked 4,529 Times
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2,506 Posts