Recent content by muzie_IHB

Depends, do you allocate to the car based on income, or based on assets? I bought my car cash and it's about 6% of my net worth. <=5% would be better, car depreciation should even that out :-). Depends on your personality type. I save 50% of my income every year as that fits my long-term goals...

70$ pullback on gold. And all because of a 0.1% pullback in unemployment. I'm not sure how some of you can feel so safe in gold when it panics down at the very first whiff that things might be, just might be a fraction of a percent better than expected. :-P

I guess you could call it FICO inflation. When everyone's a bad payer then being one amongst many isn't so bad. 620 is the new 720. If you had 720+ you probably deserve 800+ now. Though probably no one's going to cater to this minuscule, low-margin sub-market, so there's no point in an...

That house is very pretty. Congrats! I try to be impartial on both sides and like to hear both sides of the argument. I rent, so implicitly I stand to benefit is prices go down or stay flat - though I don't care as much as I used to. It does seem to be the basis of your argument is, mainly...

... sigh. Yes Awgee I made this post entirely to put you & Panda down. You read it 100%. And there is no such thing as foolproof logic so why use logic at all, right? Let me spell it out for you. If a company doubles its earnings tomorrow, and it's sustainable, it is foolproof logic you'll...

No Awgee I'm not interested in a pissing contest with you, thanks - though you can be confident your one-year record is most likely much better than mine, if that is important to you. It's not to me. I am interested in exchanging investment principles & ideas. I couldn't care less if somebody...

Hello Panda. How are you? I hope you did well! Oh yes I got rid of gold and miners a long time ago. I'm fine with that - I realized back then I just didn't understand gold well enough to be 100% comfortable if it dropped by half or more. Back then I knew significant temporary drops were likely...

Gold has had a 55% run-up in two years. But 90% of that run had already happened from Aug 07-Mar 08. The rest after that was all volatility due to liquidity issues in all markets. Imho those who really saw things early with prescience acted way back in Q3 '07. Those that came later were just...

Why play a game? If you really think that then buy yourself a truckload of S&P puts at that level for that month. If it works you'll never have to worry about if you can afford that Irvine house you've been fixated on ever again ;-). Why waste time fooling around? Other than that - is indexing...

Giant stacks of 100s of 1000s of dollar bills will generally make people shrug the moral issue quite easily. Most of them will even convince themselves in some weird system of ethics that this is right ethically. I for one, if I buy some commodity for a million dollars, then I fully expect to...

I wouldn't mix your personal views on what you think of the games with investment outcome. I think that's a mistake. It's glaringly easy to see that "obvious" things like graphics are not up to par with other titles. Where is your source regarding WoW "suffering"? I don't have any data source...

So you're saying if ATVI (or any other stock) doubles their income tomorrow "they" will just push it down regardless? And since 90% of stock transactions are in fact coming from institutions, how do the "big boys" decide which big boy is going to lose this month? Or is it you know all the...

Believe me I'm just as tired hearing about it everywhere than you arguing about it. It may be true. It may be true the Fed secretly sells gold on the markets. It may be true some entities propped up this housing bubble to gather assets afterwards. It may true there were aliens in area 51. All...

I highly doubt that engines getting outdated really has much of an impact on popularity here. This is not what the customer base is interested in. There's already a precedent for other ten-year old Blizzard games still being widely played regardless of obsolescence. If anything engine upgrades...

No, those "old days" never went away. Actual productive assets (sorry gold, you're out) will always generate cash flow that in due time will benefit the investor. In the real world, a year is too short a time frame for most mature companies to realize any kind of significant endeavour, so I...