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Joined: Mar 2009
Posts: 18,125
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 18,125 |
I’ll stick with less cash and more hard assets.
~Molɔ̀ːn Labé Skýla~
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Joined: Feb 2001
Posts: 4,034
Campfire Tracker
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Campfire Tracker
Joined: Feb 2001
Posts: 4,034 |
I’m saving and will buy when the crash comes. The real inflation rate is a bit over 7%. If you are saving cash and it's just sitting you are losing 7% a year. How many years until the crash? S&P index was up nearly 16% last year, the Nasdaq index up 43% last year. Might as well open a Schwab account and let it sit there until the crash.
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Joined: Dec 2013
Posts: 44,042
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,042 |
I’ll stick with less cash and more hard assets. Saw some semi-auto Barrett .50's on sale yesterday.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Two assets do well in inflationary times, cash flowing real estate and stocks...... problem is both seem to be entering bubble territory.....or not? Perilous times for an investor.
Originally Posted by Judman PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: Mar 2009
Posts: 18,125
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 18,125 |
I’ll stick with less cash and more hard assets. Saw some semi-auto Barrett .50's on sale yesterday. A lot less than 5k? Lol
~Molɔ̀ːn Labé Skýla~
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Joined: May 2016
Posts: 60,203
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,203 |
I’ll stick with less cash and more hard assets. Blood and semen.
I am MAGA.
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Joined: Mar 2009
Posts: 18,125
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 18,125 |
I’ll stick with less cash and more hard assets. Blood and semen. Depends on what it makes..
~Molɔ̀ːn Labé Skýla~
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Joined: Feb 2003
Posts: 10,355
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2003
Posts: 10,355 |
Market timing is for fools. Some people may be able to do it, but when I tried in 1982-1994, all I did was loose money. I bought Cisco and Microsoft and all the things that would have made me rich, but I sold at a loss at the first down turn. I lost so much money, that if someone could figure out what I did, and do the opposite, they would get rich. Then I switched from being a technical market timer, to a fundamentalist long term investor. What is the long term annual compounded return on: Gold 3% Guns 3% Guitars 3% Real estate 6% Real estate [with 20% down payment] = 30% Stocks 9% Google over 27 years = 12% Amazon over 24 years = 35% Microsoft over 35 years = 25% Apple over 40 years = 19% paccar over 41 years = 11% purchasing power of US dollar over 50 years = -3.7%
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
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Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2018
Posts: 10,671 |
I’ll stick with less cash and more hard assets. Saw some semi-auto Barrett .50's on sale yesterday. LOL
Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
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Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2018
Posts: 10,671 |
It's interesting how many people think that what worked in the past will just keep working forever, as if this country isn't fundamentally changing for the worse, and doing so at an ever accelerating rate.
Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
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Joined: Feb 2013
Posts: 21,644
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,644 |
I just love reading about all this Biden prosperity. It's not actually prosperity caused by this joke biden fool... it is actually a precursor to the inflation that is actually occurring. Over and over I hear people say that there is no inflation because the CPI says there is no inflation. The CPI is set by the Bureau of Labor Statistics which is the federal government. Of course they're going to say there is no inflation. They lie about everything. If the cost of building materials has gone up 400% half of that is potentially seasonal and half of it is true inflation. If your stock portfolio has gone up 200% you are at best keeping even.
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.
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Joined: Mar 2009
Posts: 18,125
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 18,125 |
Right, but you might need to change your screen name.
~Molɔ̀ːn Labé Skýla~
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Joined: Mar 2010
Posts: 24,072
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,072 |
It's interesting how many people think that what worked in the past will just keep working forever, as if this country isn't fundamentally changing for the worse, and doing so at an ever accelerating rate. Have to adapt to change. Hence the crypto vs precious metals. And Tech Still good, diversify add actual commodities in rough times
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Joined: Feb 2013
Posts: 21,644
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,644 |
Right, but you might need to change your screen name. LOL... I get that all the time. My screen name came about a dozen or so years ago on another forum. I had a Browning shotgun for sale and I kept getting trade offers of broken microwave ovens and spinner rims with curb rash. Figured Cash Is King got to this point rather quickly that I wasn't abundantly interested in trade offers of crap for quality.
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.
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Joined: Apr 2014
Posts: 861
Campfire Regular
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Campfire Regular
Joined: Apr 2014
Posts: 861 |
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Joined: Feb 2013
Posts: 21,644
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,644 |
EXACTLY... You CPI tracking guys... are the above included in the CPI?
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.
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Joined: Dec 2013
Posts: 12,959
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 12,959 |
The government's printing press will win(unfortunately). That said, it seems more likely that we will end up closer to Japan than Zimbabwe. Maybe more like Argentina. It was at one time one of the wealthiest countries on earth. Then they learn to make money out of thin air. As Ben Franklin said "experience keeps a dear school, but a fool will learn in no other". What we are doing has been tried before and the immutable laws governing economics are immutable.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Feb 2003
Posts: 10,355
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2003
Posts: 10,355 |
When I was in college in 1971, I was shocked to learn most college students do not understand percentages. Imagine when they see a supply demand curve. If you have enough supply, the demand goes negative.
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
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Joined: Jun 2008
Posts: 563
Campfire Regular
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Campfire Regular
Joined: Jun 2008
Posts: 563 |
watching the futures market is part of farming. it's surprising how many think using futures to hedge is 'funny business' and is unfair.
If you're not having fun; you're not doing it right!
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Joined: Dec 2013
Posts: 44,042
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,042 |
I just love reading about all this Biden prosperity. It's not actually prosperity caused by this joke biden fool... it is actually a precursor to the inflation that is actually occurring. Over and over I hear people say that there is no inflation because the CPI says there is no inflation. The CPI is set by the Bureau of Labor Statistics which is the federal government. Of course they're going to say there is no inflation. They lie about everything. If the cost of building materials has gone up 400% half of that is potentially seasonal and half of it is true inflation. If your stock portfolio has gone up 200% you are at best keeping even. I should have put <humor>. The Biden prosperity is a bubble crammed with different flavors of bulshit.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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