John T. Reed’s news blog

The armorer on Alec Baldwin's movie Rust got the max jail sentence. 1. Why would Hollywood (or NM in this case) ever take a working gun to a movie shoot.this was a revolver. So put a plug in the back of the barrel so it is impossible to fire or even chamber a round 2. Ban live ammunition totally at movie filming. Why would you ever need it? 3. You can use blanks but they can kill, too. One young male actor, Jon-Eric Hexum, pointed a gun with blanks in it at his head and pulled the trigger. Dead. At...

Here is my new and improved ultra precise answer to your question of which index fund readers should put their money in. 82% in XLG and 18% in FEZ. This is my implementation of Burton Malkiel’s very strong admonition on page 202 of the 50th anniversary hardcover edition of A Random Walk Down Wall Street. . He writes in pretty plain English, but I will translate it one more level into plainer English, . You’re nuts if your stock market investments do not match this. . If Peter Lynch and Warren Buffett were to read this, I suspect they would...

Costco is selling gold and silver bars at a bit of a discount. Very popular with millennials. . Gold is overpriced even at Costco. Silver is also overpriced, although not as much. Nickel is also a durable commodity and NOT overpriced (based on it's long-term average real price). . Because of Executive Order 6102, you need to keep gold abroad. . https://en.wikipedia.org/wiki/Executive_Order_6102 . That ought to convince you not to buy it. There are other disadvantages in my web article on gold disadvantages. . https://johntreed.com/.../60940227-disadvantages-of-gold... . If you must own gold or silver I recommend doing so with American coins...

WSJ today has a big article on how much savings seniors have and how much they should have. As we often here, the amount they gave is generally not enough. They should have 15% a year starting at age 25..Give me a break. Extremely few people did that or could have..The article makes no mention of home equity. I thought that home equity was seniors main net worth category. But when I was writing my principal residence book, I checked.. For people with 401(k)s, THAT was their biggest net worth component; home equity was second. For others, home equity was...

It is easy to demonstrate its cost effectiveness. Look at the sale prices of unstaged homes or condos and staged homes or condos with the same floorplan in the same building or development. . My Sunday paper today has a big article about a staging company named Revive. The owner says sellers who do not use his services leave 15% to 20% of the home value on the table. That’s a lot. So prove it. They charge $80,000 to $160,000! Jesus H. Christ on a crutch! . Do they proves it works? Not in the article. He says it adds...