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southsider2k5

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Everything posted by southsider2k5

  1. QUOTE (BlackSox13 @ Sep 8, 2017 -> 02:06 PM) Really dude? More tinfoil hat stuff from you? After Brantley, a catcher, pitched last night. Isn't it clear that these two bold moves are to improve upon on team's post season aspirations? Good grief, even strawberry shortcake could see that. I don't know about some of y'all round hea. Crazy talk! If you wait long enough Strawberry Shortcake might get recalled.
  2. QUOTE (StrangeSox @ Sep 8, 2017 -> 01:41 PM) We got some from Katrina, right? I don't recall that, but I want to say the one I am remembering was 2008... maybe from Ike?
  3. The longer range forecast is also aiming the leftovers of the storm directly towards the midwest. Last time we got one of these about a decade ago, we got something like 8 inches of rain over a couple of days IIRC.
  4. Rick Hahn going all out for the first pick.
  5. QUOTE (CaliSoxFanViaSWside @ Sep 8, 2017 -> 11:50 AM) I'm actually surprised so many would rather see Engel in CF over Leury. I am a huge fan of great defense especially in CF but now Leury has the better bat and certainly has the speed to play the position well if not the fundamentals . I was pining for Jackie Bradley and Buxton for a long time. I'm happy Engel is getting a shot and all but he needs to show something with the bat soon. Next year the Sox OF will be pretty crowded Avi got plenty of opportunities. He was Mr. 9 lives but he was under 25 years old . It's easier to wait on a much younger player . Engel will be 26 at the beginning of spring training for the 2018 season. First I don't think anyone is parti, ularly excited about any of our CF's as whole until you get down to Luis Robert, maybe Rutherford if you think he can stay there... Other than that we have a pile of perfectly imperfect players to run out there. With the way the roster looks to be built going forward probably including some pretty defensively questionable players in LF, RF, 2B, SS and 3B at least, the whole reason I want Engel to have a chance at succeed in CF is because he is by far the best defensive CF we have with a chance at playing next year.
  6. QUOTE (StrangeSox @ Sep 8, 2017 -> 10:33 AM) We're talking about the difference between "suitability" aka salesmen holding themselves out as advisors while not necessarily disclosing up front that they can and do put their interests above yours and people with a fiduciary duty to put your interests first. Forgive me if I mix up the exact terminology, but I don't see how that point doesn't stand. Yes, broker-dealers are licensed, but they're still putting their duty to their brokerage (and their commission checks) above yours, and that's perfectly legal. In the long run, on average, that situation is worse for the individual investor because of the high fees that are sucked out of the accounts year after year, and many of these products carry up front loads as well. The car dealer analogy isn't 1:1, but no analogy ever is. But the "suitability" financial professional is still closer to the car salesman who's #1 goal is profit for themselves and the dealer than it is to an impartial fiduciary. When I go to a tax professional, I expect them to be giving me unbiased advice that will benefit me the most, not advice that isn't necessarily "bad" for me but maximizes their own profits. Why should a financial professional be any different? The industry is generally pretty opaque and most people don't even realize that there's a suitability/fiduciary difference and that many financial professionals make their living based on what they sell you, not on giving you impartial advice. The common sense investing advice is actually pretty simple, and for an overwhelming majority of people, there's zero need for complex investments. How many people who currently utilize the services of broker-dealer salesmen wouldn't be better served by a one-time fee meeting with a fiduciary advisor who'll steer them into appropriate low-cost financial investments? Basically, is there a reason why the advice in "If You Can" doesn't apply broadly? If you follow that (or other advice along the same lines e.g. Bogle), there's no need to pay a bunch of fees that can amount to up to 40% of your total account value over your lifetime for financial "advice" and management. Yes, some people have complex scenarios, but those are generally higher net worth people who would have no problem finding and paying for fiduciary advisors to work out the best tax and estate planning they need. https://www.etf.com/docs/IfYouCan.pdf For a lot of people, they may never need professional advice. What this is going to do is eliminate even the option of having it for most investors. It is also going to eliminate a lot of jobs and small companies, further enhancing the dominance of the Goldmans and JPMs of the world who have the profits to cover these costs. Far from helping the small investor, this is only going to further the gap between big and small, both in the companies and in the individuals. This is effectively creating investing segregation. EDIT: And what the SIFMA report states, is that this is already happening, without the rule even officially having started yet. This is going to go over about as well as CEO compensation disclosure did under SOX.
  7. QUOTE (StrangeSox @ Sep 8, 2017 -> 10:05 AM) Actual, certified financial advisors with a fiduciary duty to avoid conflicts of interest or financial "advisors" in the same sense that the guy down at the dealership is an automotive "advisor" who puts his bottom line ahead of mine? Is your personal money invested with one of these "advisors?" What sort of fees are you paying for their advice? I am one person who actually has practical experience in both "advising" as I have been an actual licensed professional in the futures industry, (and was very nearly licensed for the general securities as well as I was on the calendar to take my 7 exam before I was laid off years ago) as well as the examinations and enforcement sides of the industry. While I never worked on the sales side of things, I did work on desks where I was paid to give people trading advice based on their questions and situations. Almost every single one of the questions I got was helping people do what they wanted to do, and not what I wanted them to do. I can also tell you that you are using terms interchangeably that aren't fungible. There is no such thing as a financial advisor that isn't "certified". As I said last time we had this discussion, you HAVE to be licensed in order to give advice in a professional setting. Last I knew there were no governmentally sanctioned agencies along with compliance and examinations structures for car salesmen, so no, your assumption is entirely wrong there. The non sequitor at the end is actually the problem. People like me actually know the rules, laws, and common sense investing advice. We aren't the ones who need access to financial professionals. People like you who don't know the that financial advisors have to be licensed, and what they should be doing in their financial situation are the problem. I won't suffer with this rule in the least because I have information. I also have access to financial professionals. You won't.
  8. QUOTE (Balta1701 @ Sep 8, 2017 -> 09:57 AM) Do consumers have information when they are being pitched a product that the seller has a financial stake in? 99.9% of what these people do has nothing to do with the latter, especially in the lesser net worth of investors.
  9. QUOTE (StrangeSox @ Sep 8, 2017 -> 09:58 AM) CPA's and financial advisers still exist. They just won't have as easy of a time finding someone holding themselves out as a "financial professional" who's really a salesman. This is all about financial advisors.
  10. QUOTE (StrangeSox @ Sep 8, 2017 -> 09:50 AM) yeah but my underlying point is questioning how worthwhile that "advice" even is in the first place. you could do a heck of a lot worse than just dumping everything into a low-cost Fidelity/Vanguard target date fund or other low-cost products, and a lot of the products offered by broker-dealer 'financial professionals' are great for the b-d's but not so great for the investors. I can't go buy a sack of dog s*** at the grocery store after being "advised" by the grocery store's in-house Dog s*** Professional, but I'm okay with not having that advice or that choice. If you are OK with less information and choices for consumers, that's good, because this is exactly what is going to happen. Retirees aren't going to be able to ask anyone about complicated tax and investing questions such as the IRS rules for forced divesting. You think the average 70 year old knows that or is comfortable going to the internet to find it? The unintended consequences here are going to be really bad for some people.
  11. QUOTE (StrangeSox @ Sep 8, 2017 -> 09:26 AM) how many of these "financial professionals" are just salesmen recommending high fee funds that just happen to help their bottom line the most? this appears to be a "study" by a lobbying group for the financial professionals/salesmen whose profits would be negatively impacted by the rule and that piece is written by the guy in charge of the lobbying group, so maybe take his conclusions with a grain of salt. Whether you want to give them the fake news treatment or not, the statistical conclusions are there. Choices are being eliminated, fewer people have access to advice because it is too risky to give, and costs are going up... just like was predicted by everyone by the DOL.
  12. QUOTE (Chisoxfn @ Feb 3, 2017 -> 01:17 PM) The biggest flaw was two fold...one how do you litigate against it...a total disaster from that perspective, and two, with the increased cost of compliance, etc, associated with it, the lower to middle class consumer will get pushed to the side, because you won't be able to generate the returns to meet the costs for those investors. Huge huge issue with both good and bad parts to the legislation (imo). It turns out, this is exactly what is happening. Consumers are getting less choices, less advice, and costs are going up across the board. Gage nailed what would happen on the consumer side. The SIFMA white sheet is out there if anyone wants to check it out. http://thehill.com/blogs/pundits-blog/fina...-with-financial
  13. QUOTE (Heads22 @ Sep 7, 2017 -> 09:27 PM) It would be nice if Bernie Sanders went away. I will settle for Hillary going away
  14. QUOTE (greg775 @ Sep 7, 2017 -> 09:14 PM) Is Engel potentially as good a hitter as Ken Berry? I think at this point his comp is more like Strawberry Shortcake as a hitter.
  15. Report: Blackhawks Sign Cody Franson To PTO http://committedindians.com/report-blackha...dy-franson-pto/
  16. QUOTE (Dick Allen @ Sep 7, 2017 -> 03:15 PM) Hahn said yesterday they are entering the hardest part of the rebuild. Development. There is going to be a lot of failure, hopefully most will overcome it and become great players, but they aren't kidding themselves about several of these guys not being what they hoped. Anderson is in that group, but a lot of times, you have to be bad before you are good. Patience is key. There is a good chance Giolitto and Lopez do some sucking next year, and if Kopech comes up...not everyone is Chris Sale or Frank Thomas. From what I heard about Anderson, it's very encouraging. He knows the mistakes he's making both at the plate and in the field, and wants to clean them up. He's not a guy whose head is in the clouds and thinks he can just stay where he is at and everything will change. It takes time. I know some have quit on Anderson already, but there are two things in my head. #1, he is another that was pretty raw when he got here. #2, the kid just went through the worst year of his life. I really want to give the kid a winter to get away and come back refreshed in 2018. From a SSS point of view, he really has been much better over the last month or so. For August he put up a line of .259/.272/.500/.772. That line including seasons bests of 5 homers and 16 RBI's and 56 TB. It is supported by a realistic to low .312 BABIP. In September he has been even better in just five games. It is also worth mentioning that despite the error total, he has played a much better second half defensively. He had 18 errors in April-> June in 69 games. Since July he has made 8 errors in 54 games. He made 14 errors in 99 games last year. The post July pace is almost identical to his 2016 work where he was a plus defender. Even despite what was about a worst case scenario for about half a season, Anderson is barely under a 0 WAR player, and rising quickly.
  17. QUOTE (BrianAnderson @ Sep 7, 2017 -> 03:05 PM) This. I get in trouble sometimes on this board for being too negative - but I don't think Anderson has proved enough to me offensively or defensively or on the base paths to be considered THE solution at SS. That's not to say he cant play a role or be the SS for 3-5 years. I just wouldn't stop drafting infielders early or be against signing a FA in the future Judging by the players they chased during the Great Trade Off, they didn't, and they won't.
  18. MLB Trade Rumors‏ @mlbtraderumors 1h1 hour ago #Nationals announce that top prospect Victor Robles is coming to the majors. MLBTR post: https://www.mlbtraderumors.com/2017/09/nationals-to-promote-victor-robles.html …://https://www.mlbtraderumors.com/2017...r-robles.html …
  19. QUOTE (Balta1701 @ Sep 7, 2017 -> 02:05 PM) Here's the trick. Let's assume we have: Jiminez, Moncada, Anderson, and Collins as guys who are highly drafted and who take over positions next year. Some of them are going to get a chance to prove themselves whether they earn it or not, and Jiminez is just a monster. Let's also assume the team does not move ABreu but does move Garcia #1 for something useful but not MLB ready. Let's assume that Jiminez does not turn into a dragon and randomly eat any of them. Delmonico Garcia Garcia Hanson Engel Cordell Gillaspie Sanchez Saladino Davidson Liriano I'm probably even forgetting someone. Counting the DH, that's 10 guys for 4 starting positions. If we get 2 starters out of that list, even if one of them is only a DH, that leaves us going into 2019 with a rotation that is about to look loaded, a lineup that is full, depth on the bench, and guys like Rutherford and Robert who are going to be rising up to AA and AAA. Out of 10 guys with talent who made the big leagues, there is a substantial chance that a couple of them will in fact improve enough to become big league regulars, or at the worst bench players. If we can get just 2 starters from that list...we can look at what we have and say "1-2 positions is entirely reasonable to fill on the free agent market and oh look, here's $50 million to do it with". Get me 2 starters and a couple bench players out of that list and my armchair GM job becomes painfully easy. If you want to include Tilson as an actual living player, that would be one more option. The dirty secret is almost all of these guys will fail on their own. A good chunk of them have already failed in other organizations which is why the Sox had a chance at them. 2 starters out of that list is a pretty realistic goal.
  20. Sun-Times Sports‏ @suntimes_sports 7m7 minutes ago BEARS UPDATE: G Kyle Long, WR Markus Wheaton return to #Bears practice http://chicago.suntimes.com/sports/g-kyle-long-wr-markus-wheaton-return-to-bears-practice/amp/ …://http://chicago.suntimes.com/sports/...practice/amp/ …
  21. That angle is the absolute worst as it puts Miami into the NE quadrant, that is where the worst surges, winds and banding will occur.
  22. QUOTE (Thad Bosley @ Sep 7, 2017 -> 01:22 PM) Trading Melky created an opening in left that Leury slid over from center to fill. But with the emergence of Delmonico, doesn't Leury then slide right back over to center, given that his overall game is better than Engel's? Leury is no slouch defensively, but I think he proved this year that he has a MLB-caliber bat, and therefore I think he's the better option to start next year in center over Engel, at least at this point. Especially if Delmonico and Garcia are going to be the corner OF's I want as good of a defensive CF as possible in between them for the sake of the pitching staff.
  23. Chicago White Sox‏Verified account @whitesox 19s19 seconds ago Prior to tonight’s game, the #WhiteSox placed RHP Jake Petricka on the 10-day DL (retroactive to 9/5) with a right elbow strain.
  24. http://meadowparty.com/blog/2017/09/07/klawchat-9717/

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