Recent content by Rafiki

Good [o Good point

Thanks to whoever first pointed out that these accounts automatically convert to a traditional IRA. Personally I think it's a great idea in general. Give even a well grounded kid a few thousand dollars at age 18 and what do you think would happen? Saddle it with good old American taxation and...

Maybe. I don't have a lot of experience on game (buffalo) with copper monoliths but what limited experience I do have suggests otherwise; of course I have been using a different bullet. I'm in the camp of bullet mass, more traditional weight, not so much lighter zippy bullets so I've been...

I bought a couple hundred shares of SpaceX after the IPO when it started dropping from the high; immediately covered it for $41/share. The stock has a negative P/E and $0 in dividends so the only return on investment is increased value. The stock lives on hype, which to me is just fine. My...

I joined the Marines in 1965 when I was 18; guaranteed trip to Nam. First stop was MCRD San Diego, then ITR Camp Pendleton; got our first leave there for a few hours in Oceanside. Oceanside has few activities for young untried Marines [called TURDs]; bars, jewelry stores, whores and tattoo...

Now that's funny

Finally a good question. I also am tired of the government giveaways. The debt is killing us. The U.S. government was never intended to give shit away to it's citizens and yet here we are. People voted this disaster and I'm not talking about Trump, I'm talking about the spending.

Obviously the cost is whatever the interest rate is. I'm not sure what you're point is governments do this all the time.

Ah, but the $1000/child is going into an ETF of some sort, an ETF that invests in American companies to provide a return on investment back to the account to be reinvested. So really the investors of those bonds are indirectly investing in the economy; and investing in the child to boot.

Don't people ever think they'll get old?

When my oldest was in his early teens he asked if he could get a tattoo; I said that I didn't give him that skin to draw all over it. He's now middle aged and a successful businessman adorned with tattoos, I still think they are hiddious.

So this would be another "no, there is nothing positive that the administration has done". I was actually looking for something with a little more substance but OK, your opinion. Just the other day I was watching a news gaggle about what is called "Trump Accounts" for children. Apparently the...

Me too that's not me.

I took like to read the older first accounts, Bell and Roosevelt for instance, but I never completely get through them because the ones I've read seem to degenerate into the "killing fields"; something like l killed 5 over there, then killed 14 over here, ran down an antelope on a horse and...

That would be interesting