mikeyjones
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Everything posted by mikeyjones
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I've been there a few times before I really got into shooting. Place attracts an interesting demographic. It's very different from other ranges in the sense that you'll always be with a rso. You pay per bullet, and it's really expensive. Not a huge fan of that place but you can try out a bunch of stuff. Sent from my iPhone using Tapatalk
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Factory reloads, voids the warrenty?
mikeyjones replied to Ray Ray's topic in Ammunition & Reloading
Didn't you just violate that NDA? -
The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
Disagree. The bet is very specific to a portfolio of funds of funds for a reason. Most fund managers can at least meet indexes but the fees chip away at those returns. Hence when you put active management fees on top of active management fees or fees^2, your returns are worse than the underlying indexes. Only the best mangers of funds of funds will be able to outperform. So if you aggregate those as a portfolio, you will do worse than passive management. The real issue is that those funds of funds are kind of necessary as feeder funds. HFs are relationship businesses so the average joe can't just get in there - even if you meet qualifications per the SEC. Sent from my iPhone using Tapatalk -
The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
That bet is very specific to funds of funds. Sent from my iPhone using Tapatalk -
The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
Those target date funds charge high fees. I personally would stay away. Sent from my iPhone using Tapatalk -
Stuff like this drives me nuts. I work for a very large corporation and would rather not discuss anything 2A related with anyone at work. Nor would I want to have my local PD send documents on official letterhead to my work address. I'd almost rather wait 3 months for permits than bring my employer into my personal life. Guess I'll have to cross that bridge if/when I get there.
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Hi Guys - We're looking to move so Long Valley and Mount Olive are on our short list. Wanted to hear first hand how the FID/P2P process is in those towns. How long does it take? Does the PD break your balls about getting 3 or more permits? How are extensions? All the gory details. Thanks in advance.
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The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
Don't try to time the market!!!!! EVER! As a layperson, you have no edge over people who watch, eat, breathe the markets on a daily basis. Over any 20 year period in history, you would've been better off leaving money in the market than pulling out, even right before huge pullbacks. That said, as you approach retirement you might want to start dialing back the risk and moving more into fixed income. I'm not a financial planner, so you might want to talk to one and get their input. -
The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
All I've seen lately is a flattening of the curve. Even if the Fed moves in June (tomorrow), the belly and long end of the curve most likely will not make a parallel shift. This means a few things: 1) you're not really getting paid to go out the curve, so keeping short duration isn't the worst idea. 2) The short end will move much more than the long end as the Fed hikes rates 3) I wouldn't be opposed to owning some floating rate products in my portfolio 4) TIPS are great if you're worried about inflation or stagflation, but you will get wrecked in a deflationary scenario - which has a greater than 0 probability 5) The 10yr is up almost 100bps from lows so we could see a modest rally before seeing a large scale sell off - from a technical perspective there is a large tendency to fill in gaps on a chart due to a large move. On that last point, we gapped up 80bps in 2 weeks after the election. More often than not, those kinds of moves will be retraced and retested before breaking out of whatever current trading range we're in. I could go on, but most of my knowledge isn't directly applicable to personal portfolios - my focus is on large institutions. -
The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
Who mentioned investing? I said putting it in a plain vanilla savings account or CD. Sent from my iPhone using Tapatalk -
The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
When I get back to my computer I'll post some more concrete numbers, but the savings rate has outpaced inflation or at the very least mitigated it. So that same $100 in a savings account would be worth much more than your $21.50. It would be worth more than $100.... Sent from my iPhone using Tapatalk -
Old San Juan is nice, beaches are ok. Definitely better islands in the Caribbean for vacation, but also far worse. Sent from my iPhone using Tapatalk
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The worst crash in our lifetime is coming
mikeyjones replied to remixer's topic in General Discussion
You can still refer to vlads post above. Even if it's gold or silver, you can't eat it. So it's value is assigned by what people will trade for it. Sent from my iPhone using Tapatalk -
I guess his bank is angling for some new business....
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This... Precision or just daily shooter, assembling an upper is the same. Components might be different, but process is the same.
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Anything going on this weekend?
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I like the wires hanging there for, I presume, a security camera.
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Any info on FFL transfers??
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Concealed Carry while Skiing
mikeyjones replied to mikeyjones's topic in Firearm Hobby / Sport Discussion
Like I said in the original post, it's probably DOA but was looking for some input. I don't NEED to carry while I'm skiing and I haven't for the past 30+ years I've been on the slopes. Just more of a question if it could be done safely. -
So I usually go out west a few times a year for ski trips (usually CO and UT). Never really thought about bringing a gun before, but am kicking around the idea of bringing something with me when I go out to UT next in a few weeks. I have my UT permit, so no legal issues. From a practicality standpoint, has anyone actually tried concealing a gun while skiing? It doesn't seem like there's a safe way to do it and have easily accessible - thereby killing the prospect of it being useful. Any suggestions? I think this might be DOA, but am soliciting opinions.
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Is it a different deal code than last year? Make sure of that if you ordered last year
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I'd be wiling to bet that the # of people is very high. Since more credits/rebates are offered to lower tax brackets, refunds tend to be higher at lower incomes. So essentially most people treat it as manna from heaven... On the flip side, people keep mentioning changing your withholding estimate. Just remember if you underpay by 10% or more you WILL get penalized (assuming you owe more than $1000). So keep that in mind when futzing around with your W4.
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If your tax situation is fairly simple (a W2 and some 1099-INTs) then feel free to do it yourself. Mint, HR Block, and Credit Karma all have free tax processing this year, just go to each of their respective sites. They all have pretty straightforward guides to walk you through the process. If your situation is more complex, a CPA is worth their cost.
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All's well that ends well I guess.... But this is one of the reasons that I prefer to buy new for competition guns. https://bearingarms.com/bob-o/2017/02/27/amateur-gunsmithing-nearly-costs-competitive-shooter-her-life/?utm_content=buffer69c3d&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer