Bob Sacamano
Footballguy
Maybe. But if he ends up driving the Viagra #6 bus...
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GM's thread about nothing (46 Viewers)
- Thread starter General Malaise
- Start date
mr. furley
Footballguy
Dale> YOU STILL WANT SOME???
AhrnCityPahnder
Yinz-o-riffic
we talking about fighting or manlove?
(IN, either way. just want to sort out the confusion)
Shtaym Syek
Footballguy
She had a cute face.
mr. furley
Footballguy
can't it be both? at the same time?
JaxBill
Footballguy
At least you know it won't be a short bus.
Bob Sacamano
Footballguy
I don't think that works the way you think it works.
Didn't want to start my own thread b/c I figure we have an insurance guy in here.
Currently have a $250k life insurance policy (30 year term)on myself that I'm paying $30/month and I want to end up with a total of $750k coverage on me.
Does it make sense for me to keep the current policy at all, or just go ahead and price out $750k policies and $500k policies and compare the total cost?
Currently have a $250k life insurance policy (30 year term)on myself that I'm paying $30/month and I want to end up with a total of $750k coverage on me.
Does it make sense for me to keep the current policy at all, or just go ahead and price out $750k policies and $500k policies and compare the total cost?
St. Louis Bob
Footballguy
Very cool. When will you know for sure?
General Malaise
Footballguy
Keep the current and add to it.
General Malaise
Footballguy
St. Louis Bob
Footballguy
BTW, if anybody cares, our kids were staying at my parents auction night. I don't mind tipping a few around them but I don't get wasted.
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RudiStein
*Not really a bail bondsman
kevzilla
Footballguy
Don't sweat it, GB. You weren't gonna challenge Charlie Sheen for Father of the Year or anything.
Dr. Awesome
Footballguy
Ouch. I'm sorry to hear it. I think a simple "I'm sorry" or "I'll miss him" would suffice. No death around me.
Mr.Pack
Footballguy
SLB......
Can you get these for a reasonable price?
My supplier closed their doors and finding these things is not easy, or I'm just a moron.
Can you get these for a reasonable price?
My supplier closed their doors and finding these things is not easy, or I'm just a moron.
bentley
Footballguy
It's official as of this evening. Probably won't get to pick it up until next week. I'll post photos after I do. Can't wait to drive it to work.
bentley
Footballguy
I'm sure those girls will grow up to be wonderful wives for someone.
Good Posting Judge
Footballguy
There's a joke worth three years here, and I'm not taking the bait.No sir, not me.
cosjobs
Footballguy
Mrs. BSR
Footballguy
What is that?
KGB
Footballguy
Yea, if you can tell me how to use them on her, I'll take a dozenWhat is that?
Mr.Pack
Footballguy
Yea, if you can tell me how to use them on her, I'll take a dozenWhat is that?
It's a cover for a Brother Toner Cartridge
General Malaise
Footballguy
Well...at least you kept it in and around your family and didn't broadcast your drunken lunacy to strangers in a New Orleans restaurant.Oh man.
Last night there was an auction at the boys school. My cousin, uncle and another guy I know where the bartenders. I was drinking whiskey and I thought I was taking it easy. I ate before the auction and ate dinner there so I should have been good. I wasn't. At the very end, I started feeling woozy. I told Mrs. SLB, uh, we gotta go now. She says hold on I have to pay for all of this stuff. I remember pay $350 for a dinner at Jakes Steaks and a room at the Chase but I'm not sure what else. I seem to remember bidding on a sofa THAT WE DONATED. Ug. So she is taking her time not realizing the seriousness of the situation when my aunt asks me if I'm alright. Uh, no. Your kid has been making my drinks way too strong. How I love him. Thank God our table was by the door. Mrs. SLB finally gets back and I can barely keep my eyes open. I was able to keep my composure with the help of my uncle who had his hand underneath my arm. I don't remember getting home, which thankfully is only a couple of miles from the school, but I remember passing out with my clothes on. I woke up in only my underwear. I apparently had an issue undressing because my belt is broken. I must have just tore it off. Mrs. SLB said I kept it together fairly well but I am embarrassed as all hell.There aren't enough of these ->
General Malaise
Footballguy
Shoulda listened to myself.
I had no idea this was coming, though. This is...this is a nightmare. In the last two days I've lost 25% of my net worth and my company is in crisis. 45% of our capital is allocated to physical uranium. It's falling apart.And as much as I'd like to sit here and complain or air my despair, I'm not out a house, , village, family member or job (yet) like so many thousands of Japanese. My hell is a picnic compared to their hell.
We sent an email out to our partners on Monday morning stating our intended gameplan and what we think will unfold. In summary, we thought that uranium prices and related equities would suffer dramatically. The spot price, which prices weekly and typically sees north and south moves of maybe a dollar (two bucks would be a BIG move) dropped six dollars on Monday. Equities have been razed. Japan accounts for 12% of the annual global demand for uranium. Two plants are shut down with no hope of ever re-opening and several more are down for at least a year. In total, there are something like 45-50 nuclear power plants in Japan. It accounts for approximately 60-70% of their total power generation and will need to continue in unaffected areas in order to supply much needed power to feed the country in their reconstruction.
But the anti-Nukes are going to come out of the woodworks, especially in places like Germany where the protestors are vehemently against nuclear power. What impact will that have? It might alter the landscape in Europe (though not France, where Nuclear is approx 90% of their total power), but it won't have ANY impact on China's continued and frantic nuclear buildout, nor the nuclear plans of India or the UAE...yes you read that yet, the "Cradle of Oil" is building 4 nuclear power plants and I don't think this stop their plans. The US is the world's largest uranium consumer despite the fact that only 16% of our power comes from nuclear. We consume power like we consume soft drinks and fast food. We can't give up on it for more coal plants as those carry their own environmental risks. And "Green Energy" just isn't powerful enough, yet.
In short (and this is anything but) we tend to think a buying opportunity will emerge. Demand was increasing voraciously in uranium and supply was being constrained. Those dynamics might not be altered by the recent disasters, though I hesitate to type that because who knows just how bad this is going to be. News has been...what's the word I hear all the time now...wonky?
A handful of our other metals in the portfolio (and there are 14 of them, including some rare earth elements) are at 52-week highs, so it eases the pain to some extent. And it's my job to go out and market this as a buying opportunity, which I can't wait to rush out and do. I feel like Montgomery Burns in the Monorail episode..."Hello, my name is Mr...Shnrub, yes, that'll do".
How are you guys?
General Malaise
Footballguy
Do salmon swin up-stream? hell hes I want to hit up a bar. I think Mex will be in town still. Maybe.
kevzilla
Footballguy
GM>feeling your pain, though not as bad as yours. Talked my dad into buying a pile of GE last year. He's had a great ride, but it's getting pillaged, of course. After all, they designed those plants 40 years ago, and Japanese law completely absolves them, so why wouldn't they take it in the shorts?
Anyway, turns out he's a steadier hand than I am. He's going to Louisiana for a few days, and if the bottom drops out, we'll talk about doubling down. He has plenty of dry powder.
Anyway, turns out he's a steadier hand than I am. He's going to Louisiana for a few days, and if the bottom drops out, we'll talk about doubling down. He has plenty of dry powder.
General Malaise
Footballguy
There's 4 guys in my office that work for our company. There's a 5th guy in the office who leases space from us and manages his own portfolio. This guy worked with us years ago at our old fund and was a welcome addition to come back in the fold when we got the band back together in 2008. He's an Indian who left his family in the 80's as a young man with nothing to his name, no grasp of the English language or any idea what he was going to do save find his American dream. He's done very well for himself, I mean...he's basically retired and has been for 5 years, running his own money and that of a few select clients. He's 45.
He's a bright guy, no doubt. When the World Trade Centers were struck on 9/11, the two of us sat stunned and somber, alone in the office at 6am. The rest of our crew was out on business, about to be stuck for a week of travel hell. He finally broke the silence by telling me that the metal support holding up the tower would melt and tumble within an hour. We watched in horror as they fell not quite an hour later.
Normally, he's jovial and outgoing and fills our office with comic relief. But he's stronly considering packing up his family and heading east. He's pretty fearful that this radioactive disaster will spread to the shores of Oregon and poison us all. He shook my hand today as I left work and he, not me, was the last person to leave the office today. I have no idea when he left, but I'm starting to think he's not coming in tomorrow and might not be coming back for a while.
He's a bright guy, no doubt. When the World Trade Centers were struck on 9/11, the two of us sat stunned and somber, alone in the office at 6am. The rest of our crew was out on business, about to be stuck for a week of travel hell. He finally broke the silence by telling me that the metal support holding up the tower would melt and tumble within an hour. We watched in horror as they fell not quite an hour later.
Normally, he's jovial and outgoing and fills our office with comic relief. But he's stronly considering packing up his family and heading east. He's pretty fearful that this radioactive disaster will spread to the shores of Oregon and poison us all. He shook my hand today as I left work and he, not me, was the last person to leave the office today. I have no idea when he left, but I'm starting to think he's not coming in tomorrow and might not be coming back for a while.
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General Malaise
Footballguy
On the other hand, my sons selected their very first March Madness Brackets in a contest run by my FIL. My youngest son instructed my wife to take Butler all the way to the Final Four on the stategic basis that "Butler" cotains the word "Butt" in it.
General Malaise
Footballguy
Well, he also refuses to vaccinate his daughter, so I can't decide what I think of his hysteria. He'll drive to Idaho to escape radioactive fall out from Japan, but won't give his child a shot to prevent Chicken Pox. He told me today you can't get an iodine pill on the west coast and has obviously been searching out a way to find one. But he's absolutely against safeguarding against Polio.
Has Nikki Tyler always had an enormous lip mole? That thing's got a ski-challet on it. #celebrityapprentice
kevzilla
Footballguy
Good thing they haven't heard of UMass yet.On the other hand, my sons selected their very first March Madness Brackets in a contest run by my FIL. My youngest son instructed my wife to take Butler all the way to the Final Four on the stategic basis that "Butler" cotains the word "Butt" in it.
Good Posting Judge
Footballguy
MIL called today, and in her typical roundabout, slow-to-get-to-it fashion, told me that we should get our passports in order. Why? Because if the radioactive death cloud heads our way, we might be better served heading to South America to escape the RDC.
GM, if you don't mind me asking, how much of your net werf is in the market?
GM, if you don't mind me asking, how much of your net werf is in the market?
Dr. Awesome
Footballguy
One of those.I'd go ahead and ignore him.Well, he also refuses to vaccinate his daughter,
so I can't decide what I think of his hysteria. He'll drive to Idaho to escape radioactive fall out from Japan, but won't give his child a shot to prevent Chicken Pox. He told me today you can't get an iodine pill on the west coast and has obviously been searching out a way to find one. But he's absolutely against safeguarding against Polio.
What's the rationale here? I mean what if a $750k policy comes in at $75/month and a $500k policy comes in at $50/month (brining my total cost to $80/month) Wouldn't it make more sense to take the $750k at $75/month?
Good Posting Judge
Footballguy
Early_10
footballgoddess
Your new policy will have time limited exclusions that your old policy has already outgrown. We added on and kept the old policy as recommended by our financial adviser. We were unable to actually increase the old policy without restarting it so we just bought another separate policy. disclosure - I'm not an expert in any way.
Lieutenant Dan
Footballguy
<br /><br /><br />my guess is that, since you are older now than you were when you got the original policy, it will cost more to replace the $250k.
Lieutenant Dan
Footballguy
what the hell happened to my post?
St. Louis Bob
Footballguy
Jesus, there is so much grease leftover from my breakfast this morning it looks like I slaughtered an orgy in the kitchen.
St. Louis Bob
Footballguy
Take my wife, please.
Buck Bradcanon
Footballguy
I live just down the road in San Antonio. I am going to find an excuse to borrow that thing for a weekend. Fantastic.
Early_10
footballgoddess
It's not worth $25. [/nontraditionalfbg]
Bob Sacamano
Footballguy
General Malaise
Footballguy
Probably more than a financial adviser would advise.
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