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bigjoey

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  1. Like
    + bigjoey reacted to + Summerson in Museums   
    I enjoy museums too. The Morgan is one of my favorites. I always used to have a membership when I lived in NYC. 
  2. Like
    + bigjoey reacted to cany10011 in NYC Museums   
    The Jewish Museum at 92nd and 5th has the Hare with Amber Eyes exhibit - a collection of japanese netsuke. 
  3. Like
    + bigjoey reacted to + Charlie in NYC Museums   
    If you are interested in New York history, the Tenement Museum on Orchard St on the Lower East Side is a fascinating look at how many 19th century immigrants lived. (Two of my grandparents were born near the museum in the 1870s.)
  4. Like
    + bigjoey reacted to foxy in NYC Museums   
    Here’s 3 you might like:
    The New York Historical Society. It has a large permanent collection of Tiffany lamps which are just so pretty. 
    https://nyhistory.org
    The Brooklyn Museum is not small but usually very quiet. It’s right next to the Botanic Gardens which are very beautiful and starting now it’s cherry blossom time. 
    https://brooklynmuseum.org
     
    The Jewish Museum is housed in a beautiful historic mansion. 
    https://thejewishmuseum.org
     
     
  5. Like
    + bigjoey reacted to KeepItReal in NYC Museums   
    Actually in all seriousness the Neue Gallery on Fifth Avenue is a favorite of mine. I enjoy the period and the broad selection of art on display. They may still be offering reduced admission due to the work being done on one of the floors. 
  6. Like
    + bigjoey reacted to foxy in Palm Springs Art Museum In The News   
    The Palm Springs Art Museum is a gem of a museum. I’ve always enjoyed their exhibits and that it does a little of everything. Art, science and just fun stuff. It’s a great way to spend a day. 
  7. Applause
    + bigjoey reacted to foxy in Winslow Homer at the Met   
    Beautiful show of many paintings by Winslow Homer both oils and some superb watercolors. Known primarily as a marine painter but this show has many early works painted after the Civil War. 









  8. Like
    + bigjoey reacted to Luv2play in San Francisco Safety   
    I saw where the prosecutor for SF was overwhelmingly recalled in the voting yesterday. The voters are clearly unhappy with local law enforcement.
  9. Sad
    + bigjoey reacted to + Topseed in San Francisco Safety   
    In late April I witnessed a hit and run killing of an innocent woman on a scooter in the Tenderloin. She was dragged underneath a large black SUV for half a block until the car paused, ran over her again, and then sped off into the night. The woman died.
    Since then I have been haunted by the horror of this....the sadness of a life gone and her family/friends having to hear that she was killed on a Sunday evening by a callous driver....and the shock that someone could be so uncaring as to drive away. I think this person will never be brought to justice, and the thought of that sickens me.
  10. Haha
    + bigjoey reacted to jeezifonly in Cost of hiring   
    Stipulation: Yes to his own room, BUT you get your percentage of each fee he collects while in your location, up to the cost of his airfare and his room. It’s just business. 
  11. Applause
    + bigjoey reacted to skynyc in Pride week influx!   
    Looking for some fun this weekend, my usual guy is still not available. Went online and amazed to see the amount of visiting "talent". I suppose there are lots of visiting admirers too, so hopefully the locals are also getting a lot of attention. Decisions, decisions!!!!
     
  12. Like
    + bigjoey reacted to + Coolwave35 in Advice for a newbie investor?   
    I’m 38. My advice is not to invest in anything you don’t understand, no matter what anyone else is doing, or how hard they sell you on it. 
     
    I’ve recently begun to offer hard money loans at 10% interest, and plop large sums in real estate syndication. I wouldn’t risk the hard money loans if I were you, but the real estate syndication deals I’ve chosen have been quite lucrative for me and there are a whole host of potential tax benefits. 
     
    Some of the stock market advice you’ve been given has been really good in my opinion, stick with what you know. 
  13. Haha
    + bigjoey reacted to Kevin Slater in ahhh... the memories?   
    That they showed up with cameramen.
    Kevin Slater
  14. Like
    + bigjoey reacted to wsc in Friday Funnies   
    I now see we need a new emoji for this sort of situation: one for a deep, deep, from-the-gut groan of perhaps grudging admiration and appreciation. Well done, sir.
  15. Like
    + bigjoey reacted to BonVivant in Advice for a newbie investor?   
    Basic advice: it all depends on your time horizon. If it is 20-30 years (i.e. you won’t touch it and you’ll let it grow that long) then buy index or mutual funds and reinvest the dividends (eg Vanguard has low cost ones). Contribute to it every month. Let it grow. The rule of 72 can be useful. Basically you divide 72 by the interest/dividend/growth rate. So if your money grows 10% per year, your money will double every 7.2 years. Etc. 
     
    Don’t look at it every day. Ignore price swings. Don’t watch CNBC (all the headlines are for day and swing traders). 
     
    There are free growth calculators online that u can use to model your future stash. 
     
    Live and enjoy life. Use your money to also have a lil fun along the way. 
  16. Like
    + bigjoey reacted to + FrankR in Advice for a newbie investor?   
    That 👆 is not helpful to a newbie investor.  
     
    And this, my dear @keroscenefire is why you should avoid advisors and brokers (and your broke cousin with an expert opinion) - they expect to be paid even when they don’t provide value. 
  17. Haha
    + bigjoey reacted to + augustus in Advice for a newbie investor?   
    1. Stocks won't go up until they're finished going down.
    2. Buy at low prices, sell at high prices, and you'll make a bundle.
    That'll be $250 for my insight please.
     
  18. Like
    + bigjoey reacted to OCClient in Advice for a newbie investor?   
    By now I know not to bring it up, because they can become quite an ear bender, how they go on and on and on about crypto.  At one point I asked the most knowledgeable of them to define the underlying value and was told "it's similar to how we value gold."   Of course that's ridiculous.  Gold has a track record spanning centuries, has various uses, and is coveted universally.  Crypto is not gold, in my mind.
     
    For me that goes back to Warren Buffet's strategy.  I believe he looks for value and avoids anything he doesn't understand.  For me,  crypto coin fails to meet his criteria.
     
    But again, for the newbies, if you have an urge to make big money fast and want to include crypto, I recommend instead thinking about your long term strategy, where you want to be in 30 years.    You can end up being the mailman that has a million bucks in your nest egg. or the doctor that has almost nothing saved.   (these are hypothetical examples folks, so no need to clutch your pearls.  Oprah has a show on this called the millionaire next door.)  
    Leave your emotions out of it and follow simple rules and strategies.    Educate yourself beyond what you read in this thread.   Find some reputable authors and read up.
  19. Like
    + bigjoey got a reaction from Kevin Slater in Advice for a newbie investor?   
    Agree but I would add the concept of “dollar cost averaging.”  
    https://www.finra.org/investors/insights/dollar-cost-averaging#:~:text=Dollar%2Dcost%20averaging%20can%20help,temptation%20to%20time%20the%20market.

     
  20. Like
    + bigjoey got a reaction from + keroscenefire in Advice for a newbie investor?   
    Agree but I would add the concept of “dollar cost averaging.”  
    https://www.finra.org/investors/insights/dollar-cost-averaging#:~:text=Dollar%2Dcost%20averaging%20can%20help,temptation%20to%20time%20the%20market.

     
  21. Like
    + bigjoey reacted to Kevin Slater in Advice for a newbie investor?   
    Depending on which individual stocks you have in mind, chances are they'd already be well represented in the broad-based index fund.  Picking individual stocks can be a lot of fun, but to my mind that's a game you play after you have a firm foundation of index funds.  I often tell the guys talk to about investing that they have "permission" to put 10% of their money into individual picks.  That scratches the itch, and often ends up illustrating to them why putting 90% in broad-based funds was a good idea.  You can't go wrong with low-fee index funds, like Fidelity Zero Total Market Index (FZROX, truly zero fee if done within a Fidelity account).  In any case, make sure to look at the net expense ratio (basically, the rake they take to pay for administration).  It oughtn't be greater than ~.5% ($5 for every $1000 invested, yearly), preferably less. 
    Kevin Slater
  22. Like
    + bigjoey got a reaction from mike carey in Advice for a newbie investor?   
    Warren Buffett would agree with you and over the last few weeks has been buying while stocks are “on sale.”👍
  23. Like
    + bigjoey reacted to + The Big Guy in Advice for a newbie investor?   
    Not to oversimplify, but my advice is to learn from a recession business environment and apply it in future investment decisions and business cycles.  I have found over 40 years of investing that I made more money by far from the decisions I made during bad times as opposed to the decisions I made during good times. In 2008 - 2010, I nervously chose  to invest in stocks during a terrible recession and have been rewarded well over the Long Term.  Good luck to all.  
  24. Like
    + bigjoey reacted to mike carey in Advice for a newbie investor?   
    That's interesting, in Australia interest is only tax deductible if the money has been borrowed to use for an income producing purpose, the collateral is irrelevant. So in your example, it would be the fact that it was used for a new property that made it a tax deduction not how you got the loan. Having a contractor do work at your home and include it in a job at an investment property (or attributing any other personal expenses to it) would be 'do not pass go, do not collect $200' material in this country.
    If someone wants property investments, there are mutual funds and ETFs that cover that market, and they enable you to make smaller investments and to spread them.
    Critically, obtain independent financial advice and tax advice from licensed advisers.
  25. Like
    + bigjoey reacted to + keroscenefire in Advice for a newbie investor?   
    Unfortunately in Denver, even condos are pretty expensive and I just don't think I'm in position yet to put down all my savings on a mortgage. I think real estate is a better option for me in 2-3 years when I'm a bit more stable in my business and hopefully have a bit more saved as well. 
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