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Everything posted by BashiChuni
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Investment showdown -- beyond the Roth, SDP, & TSP
BashiChuni replied to Swizzle's topic in Squadron Bar
careful with this one. "USO's Benchmark is the near month crude oil futures contract traded on the NYMEX. If the near month futures contract is within two weeks of expiration, the Benchmark will be the next month contract to expire. The crude oil contract is WTI light, sweet crude oil delivered to Cushing, Oklahoma. USO invests primarily in listed crude oil futures contracts and other oil-related futures contracts, and may invest in forwards and swap contracts. These investments will be collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less." -https://www.uscfinvestments.com/uso "Since all futures contracts have an expiration date, the United States Oil Fund must actively roll its front-month futures contract to the WTI crude oil futures contract expiring in the next month to avoid taking delivery of the commodity. The fund primarily holds front-month futures contracts on crude oil and has to roll over its futures contracts every month. For example, if it holds WTI crude oil futures contracts that expire in September 2020, it must roll over its contracts and purchase those that expire in October 2020." https://www.investopedia.com/articles/markets/081116/uso-good-way-invest-oil-uso.asp full disclosure i've lost about 2k on this fund cause my dumbass threw in a bunch of money at "oil" in march. guys on cnbc have warned against retail investors jumping into USO....basically said it's a fund for more advanced institutional investors from FORBES: "The solution here is for USO’s fund administrators to dissolve it, as happened with XIV. Those administrators made a minute change in the fund’s composition last week—shifting holdings to the second- and third-month contracts instead of fully rolling over from the front-month contract to the second-month contract two weeks prior to expiration——but that was merely the proverbial shifting of the deck chairs on the Titanic. USO has outlived its usefulness, if it ever had any." https://www.forbes.com/sites/jimcollins/2020/04/20/the-us-oil-etf-uso-is-the-culprit-behind-oils-massive-plunge/#2de48ed524e8- 1,203 replies
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it's rich that the people screaming "STAY HOME" the loudest are the ones with the steady paychecks continuing to come in like clock work every two weeks https://www.cnbc.com/2020/04/20/amid-pandemic-unemployment-checks-can-take-longer-to-arrive.html https://medium.com/@jbgeach/changing-the-goalposts-four-more-reasons-it-is-safe-to-open-america-560cfc0ab4c3
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no it's not "The logic goes something like this: any and all measures we take to prevent community transmission are justifiable because they will prevent infections and therefore prevent deaths among these vulnerable groups. In a medical sense this is irrefutable, but the underlying assumption of this logic is that the onus on the individual to protect themselves should be almost totally removed in favor of controlling the behavior of everyone, no matter how susceptible they may be. Some unsavory individuals [POOTER] prefer to make it personal and equate any resistance to an indefinite period of social isolation as wishing death upon those who are least likely to be able to fight the virus." BINGO! https://spectator.us/coronavirus-lockdowns-cowardice/
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because that wasn't the deal that was sold for american constitutional rights to get violated
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we were sold on these drastic measures to "flatten the curve" and not "overwhelm" our healthcare system. that's been accomplished now let's get to it. or do you keep moving goal posts around? people die every year of the flu. people will die of this virus. it sucks. but its not an excuse to wreck our economy, take away constitutional rights (ie Raleigh police), and FORCE people to stay in their house
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curve flattened. back to work. stop trampling on the fucking constitution.
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Wow
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Yahoo finance news article today estimating this is going to push FIVE HUNDRED MILLION people worldwide into poverty. Hope it’s worth it tragedy that people are dying. It is. Horrible that some young people die. but young people die of the flu each year too. You just don’t hear about it. Is this worse? Probably. But at what cost? people can shit on trump for being a dope but he’s right the cure can’t be worse than the disease
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a lot of things “can’t hurt” but we don’t do them. It’s time to face this virus head on and open up the economy.
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You guys honesty think wearing gloves is going to do a damn thing? GMAFB
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The new reflective belt.
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i would not. wearing a mask isn't going to do a god damn thing besides make senior leaders feel better about "mitigating" the "spread".
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shit is getting retarded
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hahahahahah OMG post of the year i spit my gatorade out...this is his DREAM!!! #PYB!!!
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at some point we're gonna have to stand up for the constitution. "hunting down" gtfo. this is america. You wanna pull those type of stunts? fine. Declare martial law. but us "accepting" some of these "public health measures" is tearing at the fabric of our liberites.
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delayed it. still jumping to the reserves.
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I got selected!
BashiChuni replied to ChristisKing's topic in Air National Guard / Air Force Reserves
congrats!!! -
can we fucking kill the hashtags
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Goldfein changes AF Song...gender neutral
BashiChuni replied to Springer's topic in General Discussion
Anytime someone seriously says the word “trigger” I lose all interest in what they have to say. -
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there will always be value in having a man-in-the-loop overhead in the stack
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Commanders are dropping like flies this year
BashiChuni replied to MDDieselPilot's topic in General Discussion
"Not only was the flyover too low, Featherstone said, but in avoiding the landing traffic, the pilot also flew too close and too fast to where onlookers were watching." seems cut and dry to me. low SA to do something different from the brief when you know lots of eyeballs will be on you. and sandwiched between landing traffic? GMAFB. if i was the general i'd take that entire low flyby as a huge middle finger