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Joined: Nov 2002
Posts: 33,739 Likes: 3
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,739 Likes: 3 |
I will line up in the "horseshit" line given we are talking many hundreds of thousands or multiples of millions...
Conduct is the best proof of character.
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Joined: Jan 2010
Posts: 6,209 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jan 2010
Posts: 6,209 Likes: 1 |
300%. Woa. 2-300% a year compounded over just a short decade or so isnt half bad.
I bet you are buying and selling more walnut stocks than company stock, yes?
Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Joined: Dec 2013
Posts: 23,686 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 Likes: 1 |
My fuel bill (construction business) was $4000.00/MO. When gas was 4.00. I'm saving a pile now that it's $1.60.
At 45, market crashes are the best thing that can happen for my 401k....as they say, BTFD buy the [bleep] dip
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Joined: Jun 2007
Posts: 24,590 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 24,590 Likes: 6 |
I will line up in the "horseshit" line given we are talking many hundreds of thousands or multiples of millions... This is of what I mentioned earlier...
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Joined: Nov 2002
Posts: 33,739 Likes: 3
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,739 Likes: 3 |
I will line up in the "horseshit" line given we are talking many hundreds of thousands or multiples of millions... This is of what I mentioned earlier... Somewhat but you have not answered the question.
Conduct is the best proof of character.
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Joined: Jun 2007
Posts: 24,590 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 24,590 Likes: 6 |
I will line up in the "horseshit" line given we are talking many hundreds of thousands or multiples of millions... This is of what I mentioned earlier... Somewhat but you have not answered the question. Ed, Let's just stick to hunting stories and forget about what you may think about what is available or what I might be capable of doing, as it really doesn't matter, does it?
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Joined: Nov 2002
Posts: 33,739 Likes: 3
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,739 Likes: 3 |
Conduct is the best proof of character.
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Joined: Feb 2004
Posts: 1,827
Campfire Regular
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Campfire Regular
Joined: Feb 2004
Posts: 1,827 |
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Joined: Jan 2009
Posts: 771
Campfire Regular
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Campfire Regular
Joined: Jan 2009
Posts: 771 |
I gotta know what you're doing to get a 200-300% annual return. Indulge me please.
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Joined: Jan 2010
Posts: 732
Campfire Regular
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Campfire Regular
Joined: Jan 2010
Posts: 732 |
My only 300% return was on rimfire ammo. Of course, I don't want to sell it, but I am tempted.
"Honey, when I die, sell my guns for what they're worth and not what I told you I paid for them."
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Joined: Dec 2007
Posts: 25,107
Campfire Ranger
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Campfire Ranger
Joined: Dec 2007
Posts: 25,107 |
I gotta know what you're doing to get a 200-300% annual return. Indulge me please. Yes sir. I'd like to know as well.
“Life is life and fun is fun, but it's all so quiet when the goldfish die.”
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Joined: Aug 2005
Posts: 28,259 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,259 Likes: 6 |
Shrap and JG, pardon what may be a personal question, but if you are not invested in the market, what are you investing in to grow your retirement assets? Legit question Techsan. Without intending to sound arrogant or boastful, I made my retirement money in business....frac tank rentals, fuel and water hauling, dabbling in oil and gas investments, dabbled a bit in real estate, and consulting work. I would only allocate maybe 30% of any cash accumulations in the market, and then it was blue chip energy stocks such as ExxonMobil, Shell, BP, and Conoco Phillips. I'm going to sit tight for a couple more months and may decide to buy back into one or more of these. Sometimes you can "make" $$$ by not losing it, which is my position right now. At least that's the way my feeble mind works. Techsan, not sure if you're still in Lubbock or not, but I believe that owning rental properties in a college town is a great way to go.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Dec 2006
Posts: 555
Campfire Regular
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Campfire Regular
Joined: Dec 2006
Posts: 555 |
Shrap and JG, pardon what may be a personal question, but if you are not invested in the market, what are you investing in to grow your retirement assets? Actually I had posted about this once before and was called a liar for the return on my money. These investors are so proud of themselves for a 12% annual return on your money and I have done between 200-300% annually with so little risk, you would shake your head. There are literally millions$ laying unclaimed that are available if you do your homework and take those risks... Are you selling option/derivatives premium?
Last edited by JBARTRAM; 02/09/16.
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Joined: Jun 2001
Posts: 5,493
Campfire Tracker
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Campfire Tracker
Joined: Jun 2001
Posts: 5,493 |
My portfolio contains very little stock but none of the portfolio is making money.....just static...
I'm almost overloaded on grub and ammo but as my buddy says:
"If ya can't see your firewood pile on Google Earth, ya ain't ready"
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Joined: Jul 2003
Posts: 5,749
Campfire Tracker
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Campfire Tracker
Joined: Jul 2003
Posts: 5,749 |
Shrap and JG, pardon what may be a personal question, but if you are not invested in the market, what are you investing in to grow your retirement assets? Not either of the two gentlemen you mentioned. However, there is value in preserving principle, or NOT losing. Having your money in cash is not making much...but...you are not loosing either. And when the time comes, you can get back into the market.
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Joined: Apr 2010
Posts: 10,835
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2010
Posts: 10,835 |
On fuels versus savings/investments/retirement?
I'm still behind at this point. Granted, I'll never get the fuels back and hopefully the market will come around at some point, but..... Since the artificial surge of crude in 2005 TFF The artificial increase impacted every facet of our financial lives in a negative way
Maker of the Frankenstud Sling Keeper
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Joined: Jan 2001
Posts: 21,317
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 21,317 |
Saved a couple thousand bucks in fuel, lost a very well paying oil industry job. So yeah, I'd rather have $50-70 bbl/oil. Haven't checked my 401k's lately, don't need additional disappointment.
On the upside I'm now my own boss, figure sooner or later I'll be better off than I was before and I'm making the most of the time off.
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Joined: May 2004
Posts: 5,202
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,202 |
I am loosing a lot more than i am savin gin gas. I do honestly believe oil will rebound . There just aint enough oil in the world to supply us with $28 oil. It has to go up. I bough BP oil stock last year at an average of $33.11 . It is $29 now. I dont worry, cause in the 6 months I've had it I could have sold for a big profit 3 months ago and just last week I was almost even. My FBIOX is the worst. It is a Biotech fund and put some more in last week and it is still tanking. My Reit is actually doing the best. ( AGNC) @ $18.50 per share. I am down just a little It is a Realestate investment trust. It gets me 13% interest. It is down 20% in the last 2 yrs and bought 4 months ago and I am sure it will make me money. I hope the market goes up soon. I did take out 18% of my portfolio, not cause it is down , but I dont like the fund my financial advisor picked for me. His 3 ideas he picked turned out to be huge losses. I'm done with him and have been doing better on my own and his ideas have been almost all of my losses.
But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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Joined: Nov 2002
Posts: 33,739 Likes: 3
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,739 Likes: 3 |
Shrap and JG, pardon what may be a personal question, but if you are not invested in the market, what are you investing in to grow your retirement assets? Not either of the two gentlemen you mentioned. However, there is value in preserving principle, or NOT losing. Having your money in cash is not making much...but...you are not loosing either. And when the time comes, you can get back into the market. Hence one must diversify as has been recommended for many, many years.
Conduct is the best proof of character.
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Joined: Jan 2002
Posts: 12,858 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,858 Likes: 5 |
well, as they say, you ain't lost anything unless you sell.... I'm saving about $400 on semi-fuel a week, and I've lost nothing in my IRA's. I'll take it....
Sic Semper Tyrannis
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