|
Joined: Nov 2016
Posts: 2,921
Campfire Regular
|
Campfire Regular
Joined: Nov 2016
Posts: 2,921 |
I've started investing in stocks. Beef, chicken and vegetable. One day I hope to be a boullionaire.
|
|
|
|
Joined: Mar 2017
Posts: 4,350
Campfire Tracker
|
Campfire Tracker
Joined: Mar 2017
Posts: 4,350 |
|
|
|
|
Joined: Feb 2007
Posts: 11,774
Campfire Outfitter
|
Campfire Outfitter
Joined: Feb 2007
Posts: 11,774 |
This is the advice I received and followed about 30 years ago. There’s been good and bad years, but the overall result has been phenomenal.
NRA Patron
|
|
|
|
Joined: May 2015
Posts: 2,109
Campfire Regular
|
Campfire Regular
Joined: May 2015
Posts: 2,109 |
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
|
|
|
|
Joined: Feb 2013
Posts: 21,782 Likes: 7
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,782 Likes: 7 |
HARD COMMODITIES... PHYSICALLY HELD. You will be impressed with my latest purchase. Will start a thread next week. Edited to say it involves a 4cyl Cummins SWEET! I love a 4BT...
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
|
|
|
|
Joined: Sep 2021
Posts: 4,015
Campfire Tracker
|
Campfire Tracker
Joined: Sep 2021
Posts: 4,015 |
Buying when the equities market is at an all time high in the middle of a massively F'ed economy is probably not the best time to buy.
This roller-coaster is about to come off the tracks from my POV.
Si Vis Pacem, Para Bellum
|
|
|
|
Joined: Feb 2013
Posts: 21,782 Likes: 7
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,782 Likes: 7 |
Buying when the equities market is at an all time high in the middle of a massively F'ed economy is probably not the best time to buy.
This roller-coaster is about to come off the tracks from my POV. I concur... Over the past 3-7 years we have moved 60%+ of our "Stocks and such" to hard tangibles... Strategic buying... of bargains... that have absolute value and/or function. What to buy today at "great value"? Hard to say.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
|
|
|
|
Joined: Sep 2007
Posts: 1,026
Campfire Regular
|
Campfire Regular
Joined: Sep 2007
Posts: 1,026 |
Hard to beat SPY: SPDR S&P 500 ETF
|
|
|
|
Joined: Dec 2004
Posts: 964
Campfire Regular
|
Campfire Regular
Joined: Dec 2004
Posts: 964 |
Do the opposite of what Jim Cramer says.
~Molɔ̀ːn Labé Skýla~
|
|
|
|
Joined: Jun 2005
Posts: 8,897
Campfire Outfitter
|
Campfire Outfitter
Joined: Jun 2005
Posts: 8,897 |
One man with courage makes a majority....
~Molɔ̀ːn Labé Skýla~
|
|
|
|
Joined: Dec 2005
Posts: 585
Campfire Regular
|
Campfire Regular
Joined: Dec 2005
Posts: 585 |
Bonds Should be a good year for Bonds
|
|
|
|
Joined: Oct 2023
Posts: 29
Campfire Greenhorn
|
Campfire Greenhorn
Joined: Oct 2023
Posts: 29 |
This is the advice I received and followed about 30 years ago. There’s been good and bad years, but the overall result has been phenomenal. Same here, And the OP would be wise to follow this advice as well.
Last edited by BrokenarrowII; 12/14/23.
|
|
|
|
Joined: Oct 2004
Posts: 26,560 Likes: 17
Campfire Ranger
|
Campfire Ranger
Joined: Oct 2004
Posts: 26,560 Likes: 17 |
|
|
|
|
Joined: Oct 2004
Posts: 26,560 Likes: 17
Campfire Ranger
|
Campfire Ranger
Joined: Oct 2004
Posts: 26,560 Likes: 17 |
|
|
|
|
Joined: Jan 2010
Posts: 674
Campfire Regular
|
Campfire Regular
Joined: Jan 2010
Posts: 674 |
When they take another dump, buy some pure natgas operators:
CRK CNX EQT SWN RRC EQT (not pure NatGas)
|
|
|
|
Joined: Mar 2022
Posts: 731 Likes: 1
Campfire Regular
|
Campfire Regular
Joined: Mar 2022
Posts: 731 Likes: 1 |
Should b simple,just follow that Pelosi witch,or that little bitch Crenshaw.
Rehab is for quitters! THEY are all guilty! Name one honest politician! DEFINE Treason. God bless the USA Democrats ARE the plague! RINO'S need to be hunted! Who's a bigger puzzy than Paul Ryan? Mike Pence? John Kerry ? REELECT NOBODY! Except Trump
|
|
|
|
Joined: Aug 2005
Posts: 10,757
Campfire Outfitter
|
Campfire Outfitter
Joined: Aug 2005
Posts: 10,757 |
Just sit back for a while and enjoy the gains on the stuff you have been buying for the last few years.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
|
|
|
|
Joined: Feb 2003
Posts: 10,379
Campfire Outfitter
|
Campfire Outfitter
Joined: Feb 2003
Posts: 10,379 |
The 4 guys I know who became millionaires from stock investing bought MSFT, GOOG, and AMZN.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
|
|
|
|
Joined: Feb 2010
Posts: 3,842
Campfire Tracker
|
Campfire Tracker
Joined: Feb 2010
Posts: 3,842 |
Last edited by Whiptail; 12/14/23.
Quando omni flunkus moritati
|
|
|
|
Joined: Feb 2010
Posts: 15,692 Likes: 1
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 15,692 Likes: 1 |
NRA Life,Endowment,Patron or Benefactor since '72.
|
|
|
|
573 members (1234, 17CalFan, 12344mag, 06hunter59, 1936M71, 160user, 57 invisible),
2,550
guests, and
1,419
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,192,175
Posts18,484,652
Members73,966
|
Most Online11,491 Jul 7th, 2023
|
|
|
|