UPDATE FRIDAY: WE HAVE BEEN TRYING TO BUY TERM PREFERRED OXLCO AT $25.37 BUT NOT SUCCESSFUL. TRUMP TWEETED AND MARKETS DOWN: DO NOTHING. DO NOT SELL ANYTHING.
August 22, 2019. Not much has changed in the Core Portfolio over the last three days. Everything is so over-priced that we cannot buy anything, or even add to positions. Investors are looking for income, and as soon as we start looking at a specific investment for a potential buy, the damn thing seems to jump up in price.
We continue looking for ‘new’ positions that we can buy at entry prices. But these are rare lately. But……things change and something always seems to pop up giving us investment opportunities……usually right after we bitch about how things are slow.
RULES OF INVESTING: NEVER, NEVER borrow from your 401K plan. Every so often we hear about people who are in financial distress, borrowing from the 401K Never do this.
Fake meat burgers not really healthier but boy do they help the environment. Link to full article below.
“They are not necessarily healthier than beef burgers,” Alissa Rumsey, a registered dietitian, told CNBC in July. “They’re totally fine to eat, but there’s no need to replace your beef burger if you don’t enjoy these,” Rumsey added, pointing out that both plant-based burgers and traditional beef burgers have the same amount of sodium and saturated fat.
On the other hand, Mackey does believe that plant-based meats are a more ethical choice and are better for the environment than regular meat. And research has backed up those claims.
According to a study commissioned by Beyond Meat with the Center for Sustainable Systems at the University of Michigan, a plant-based burger generates 90% less greenhouse gas emissions, requires 45% less energy, has 99% less impact on water scarcity, and 93% less impact on land use than a ¼ pound of traditional U.S. beef.
According to Fast Company, Americans switching from beef to plant-based patties would be equivalent to taking 12 million cars off the road for an entire year.
The average temperature for the month of July was 2.34°C above the average temperature recorded for the 35 years between 1980 and 2015.