Fascist Madman in the White House

[Walt]

The bonds I hold against the US Treasury are Government debt.

Exactly. This is what I hate about this forum, there are so many alt right posters who will argue the dumbest things. I end up having to waste my time proving over and over again that bonds are debt.

I shouldn't complain about this forum in specific. It is what is happening in America in general. We have the dumbest making the dumbest arguments, and never getting to the real issues.

 

[Trumpet]

They do like wasting our time.

Psychos simply are just not all there.

 

[Walt]

but not your debt.


is that correct?

It is the nation's debt, which is why we call it the national debt. Damocles is part of the nation, so it is partially his debt(in theory). As the holder of the bond, the debt is definitely to him(no in theory there, it just is).

 

[Bai Lan]

It is the nation's debt, which is why we call it the national debt. Damocles is part of the nation, so it is partially his debt(in theory). As the holder of the bond, the debt is definitely to him(no in theory there, it just is).

but a bond is not a debt commitment..

so what are you actually talking about?

do you have a clue besides rhetoric?

 

[Damocles]

but not your debt.


is that correct?

No, but it is debt. Bonds are always debt. You get more the more risk you are willing to take, so if the bond issuer has poor credit you'll get a higher interest rate purchasing their debt than you would if it were triple A credit (like the US).

When you buy a bond you are the one giving money that the debtor is borrowing. Bonds 100% are always debt.

 

[Bai Lan]

It is the nation's debt, which is why we call it the national debt. Damocles is part of the nation, so it is partially his debt(in theory). As the holder of the bond, the debt is definitely to him(no in theory there, it just is).

are bonds the majority of your porfolio?

if not, why not?

show your work


10 points extra credkt.

 

[Walt]

but a bond is not a debt commitment..

It definitely is. It is an absolute commitment by the US Government to pay a debt, plus interest, on a certain date to the bondholder.

Seriously, this is well past a waste of my time.

 

[Bai Lan]

No, but it is debt. Bonds are always debt. You get more the more risk you are willing to take, so if the bond issuer has poor credit you'll get a higher interest rate purchasing their debt than you would if it were triple A credit (like the US).

When you buy a bond you are the one giving money that the debtor is borrowing. Bonds 100% are always debt.

but it's not your debt.

who does the national fall upon?

50 points extra credit for a fucking staight answer.

or a to answer another way:

what percent of your portfolio is in bonds?

and for 30 point more of extra credit: are you investing in fascism?

 

[Damocles]

but it's not your debt.

who does the national fall upon?

50 points extra credit for a fucking staight answer.

or a to answer another way:

what percent of your portfolio is in bonds?

and for 30 point more of extra credit: are you investing in fascism?

All US debt is partially my debt, I am a citizen and a stakeholder. This is a straight answer though. All bonds are always debt. Saying "not your debt though" doesn't change that they always 100% represent debt.

Yeah, a Mortgage is always debt... pointing out "not the bank's debt though" doesn't change the nature of the thing, it is debt.

 

[Walt]

are bonds the majority of your porfolio?

10% of my main retirement investments are in SCOXX, which is a mutual fund that hold Treasury obligations. So basically, 10% of one of my portfolios are Treasurys. I would not put a majority into bonds, and instead have a majority in two broad stock mutual funds.

The money that is most important to my retirement is broken down 70% SWTSX(domestic stocks), 20% SWISX(international stocks), and 10% SCOXX(Treasury obligations).

There are those that breakdown 60% stocks/40 bonds, but I am more aggressive.

if not, why not?

Treasurys are a good way of holding my money. As the stocks go up, I move more into the Treasurys to balance my portfolio. When the stocks crash, I have money saved away in Treasurys which I then balance to stocks. This allows me to automatically sell high, and buy low.

Even during the Great Depression, when stocks crashed by 80+%, this strategy would have kept my losses below 50%.

The key concept is that Treasurys are as good as cash, but better because they pay interest.

show your work

I am nowhere near an expert on finance, but I clearly know more than you.

 

[Walt]

but it's not your debt.

A bond is a debt from the bond issuer to the bondholder. A bond is debt. In the case of Treasurys, the bond issuer is the nation, so it is considered the national debt.