Results 10,176 to 10,200 of 18222
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03-30-2020, 08:26 AM #10176Registered User
- Join Date
- Oct 2007
- Posts
- 12,675
CARES act allows for a few new strategies with retirement accts:
https://www.forbes.com/sites/bobcarl.../#1c4e5e9534f5
A few highlights are waiving the 10% penalty for early withdrawal, and upping the allowable loan to $100K
So take out a loan, and buy a few 80 series land cruisers to rebuild and sell before paying back the loan next year?
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03-30-2020, 08:27 AM #10177
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03-30-2020, 08:38 AM #10178Registered User
- Join Date
- Mar 2008
- Location
- northern BC
- Posts
- 31,069
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03-30-2020, 08:45 AM #10179
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03-30-2020, 08:52 AM #10180
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03-30-2020, 08:55 AM #10181
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03-30-2020, 09:00 AM #10182Registered User
- Join Date
- Oct 2007
- Posts
- 12,675
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03-30-2020, 09:03 AM #10183
Is the stock market going to tank?
Contracts have a delivery requirement. I suppose they could sell contracts on delivery but there has to be a resolution. If they fix a cost but never use the commodity they will have to sell it lower. Typically that’s why they only hedge a portion of need.
“But today’s unexpected drop will have the opposite effect, with airlines required to pay the hedged amount, rather than the cheaper market price. For airlines with a hedging strategy, there’s a double blow: If their competitors aren’t hedged, they can price their tickets more inexpensively, creating an extra burden for airlines stuck paying at their hedged position.”
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03-30-2020, 09:41 AM #10184
Is the stock market going to tank?
Quarter end marking?
I have to think April will bring new lows.
How are people going to react to these peaks? It’s going to get pretty emotional for some.
When will people start moving when they realize no one is ever going back to Vegas?, Stay in a hotel, take a needless vacation, Or won’t want to touch their cards and see their hand for yrs? That town is severely fucked.
Its going to take yrs for people to forget this shit and go back to stupid.
Sent from my iPhone using TGR Forums
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03-30-2020, 09:44 AM #10185"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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03-30-2020, 09:50 AM #10186
IMHO you give the general public way too much credit.
Remember, 40%+ stand by Trump no matter what idiotic/corrupt/etc thing he does. Then there are those who maintain "it's all a hoax" or "it's just the flu." And then there are the spring breakers, the mega church goers, etc, etc...
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03-30-2020, 09:50 AM #10187
I’d stay in a nice hotel and take a needless vacation when this settles. The public companies will take every measure to clean rooms. The problem I have is the disinfectant fragrance. As much as I loathe Las Vegas in general the reason I can’t go is the ubiquitous smell of Lysol and cigarettes.
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03-30-2020, 09:54 AM #10188
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03-30-2020, 09:57 AM #10189
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03-30-2020, 10:01 AM #10190
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03-30-2020, 10:04 AM #10191
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03-30-2020, 10:05 AM #10192
Airlines can’t risk using out of date fuel. Maybe it can be repurposed back to heating oil.
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03-30-2020, 10:06 AM #10193
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03-30-2020, 10:08 AM #10194
Huh, I thought kerosene/av gas was supposed to be super stable?
Anyways, I doubt they are buying it and storing it in literal tanks. I assume futures contracts?Live Free or Die
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03-30-2020, 10:09 AM #10195
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03-30-2020, 10:11 AM #10196
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03-30-2020, 10:33 AM #10197
Lol.
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03-30-2020, 10:33 AM #10198
Yes - Delta has a refinery in Trainer, PA and a large trading arm (Epsilon) that trades/owns barrels across the country. To your point, IME, jet is very rarely left in terminal for more than a few months without turning (because of historic demand), but our customers and QA/QC guys think it can be kept on spec for significantly longer. All this said, I'm just a lawyer, so my take on this matter is worth what you paid for it.
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03-30-2020, 10:37 AM #10199
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03-30-2020, 10:51 AM #10200
Cross talking happening here. Delta fleet does not use avgas, of course
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