Post by bb2 on May 4, 2024 22:43:20 GMT
www.lynalden.com/most-investments-are-bad/
Switched over to am business radio the other day and the real estate guy was all about maintaining debt levels.
Business fundamentals though are still important. Apple wouldn't be what it is without a product to sell. (I do kick myself for paying off the mortgage because I hated paperwork/writing checks.)
Zero rate days are over it seems as is the 40 yr secular rate drop, so, different world. I'd never have thought I'd be in short term gov bonds.
Edit: The more I think about this the more I think aboout tax codes, buybacks to sanitize stock rewards and so many other types of financial engineering that take money out of the biz, leaving shareholders with the bag. Safra Katz, for example, became a billionaire while ORCL did nothing. I was talking with an accountant/biz consultant the other day and he was exclaiming about how the system incentivizes business ownership in a way that's quite unfair to working people. But then another CPA buddy says they do pay. Alot! (He's a rabid conservative though, so grain of salt.)
Switched over to am business radio the other day and the real estate guy was all about maintaining debt levels.
Business fundamentals though are still important. Apple wouldn't be what it is without a product to sell. (I do kick myself for paying off the mortgage because I hated paperwork/writing checks.)
Zero rate days are over it seems as is the 40 yr secular rate drop, so, different world. I'd never have thought I'd be in short term gov bonds.
Edit: The more I think about this the more I think aboout tax codes, buybacks to sanitize stock rewards and so many other types of financial engineering that take money out of the biz, leaving shareholders with the bag. Safra Katz, for example, became a billionaire while ORCL did nothing. I was talking with an accountant/biz consultant the other day and he was exclaiming about how the system incentivizes business ownership in a way that's quite unfair to working people. But then another CPA buddy says they do pay. Alot! (He's a rabid conservative though, so grain of salt.)
