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Joined: Dec 2019
Posts: 3,022 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Dec 2019
Posts: 3,022 Likes: 1 |
Better to be a millionaire in spirit, than dollars. Why not both? As you know, it’s not money that’s the problem. It’s the love of money that gets folks in trouble.
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Joined: May 2004
Posts: 2,817
Campfire Regular
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Campfire Regular
Joined: May 2004
Posts: 2,817 |
Better to be a millionaire in spirit, than dollars. Try paying the bills with spirit and get back with us. A far as I know, they still want greenbacks.
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Joined: Dec 2004
Posts: 9,743 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,743 Likes: 15 |
The only wealth which you will keep forever is the wealth you have given away.
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Joined: Dec 2015
Posts: 8,069
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2015
Posts: 8,069 |
The only wealth which you will keep forever is the wealth you have given away. Given away in exchange for goods and services, right?  
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Joined: Dec 2003
Posts: 17,230 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,230 Likes: 2 |
As usual, a mouth full of diarrhea and no pictures..........A typical troll.
Donut Boy! you still eating stolen food? still stealing from lost and found? I bet you poach, too. Maybe you can hang out at the Mall and find enough money for another free donut.
...Actually Sycamore, you are sort of right....
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
As usual, a mouth full of diarrhea and no pictures..........A typical troll.
Donut Boy! you still eating stolen food? still stealing from lost and found? I bet you poach, too. Maybe you can hang out at the Mall and find enough money for another free donut. School yard wit is now a thing for you? ok you go girl
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: Dec 2010
Posts: 75,000 Likes: 5
Campfire Oracle
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Campfire Oracle
Joined: Dec 2010
Posts: 75,000 Likes: 5 |
The only wealth which you will keep forever is the wealth you have given away. Wealth is Health / Health is Wealth. Without it money is useless. Food, water, shelter. Anything extra is a bonus in life..... Steve Jobs billions didn't extend his life any. People who live in chronic pain would trade their money to be pain free....
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
The only wealth which you will keep forever is the wealth you have given away. Wealth is Health / Health is Wealth. Without it money is useless. Food, water, shelter. Anything extra is a bonus in life..... Steve Jobs billions didn't extend his life any. People who live in chronic pain would trade their money to be pain free.... Word of wisdom brother Lapua ^^^^
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: Jun 2008
Posts: 13,354
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2008
Posts: 13,354 |
But being a " millionaire" and having assets that are paid off worth $1000000 are two different things in my book. What if you have 3 million in cash flowing real estate yet you owe 1 million on it? That is called Smart!
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
But being a " millionaire" and having assets that are paid off worth $1000000 are two different things in my book. What if you have 3 million in cash flowing real estate yet you owe 1 million on it? That is called Smart! There is a ratio that is smart and a ratio that is not so smart..... for me 25% to 30% is smart..... past that you enter the danger zone.... but each needs to assess their risk tolerance
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 2010
Posts: 24,249 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,249 Likes: 4 |
But being a " millionaire" and having assets that are paid off worth $1000000 are two different things in my book. What if you have 3 million in cash flowing real estate yet you owe 1 million on it? That is called Smart! There is a ratio that is smart and a ratio that is not so smart..... for me 25% to 30% is smart..... past that you enter the danger zone.... but each needs to assess their risk tolerance How would that per cent work in a big real estate correction like in 2008 through 2012? Commercial or residential? Curious obviously don’t want to be over extended.
Last edited by ribka; 12/19/21.
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
But being a " millionaire" and having assets that are paid off worth $1000000 are two different things in my book. What if you have 3 million in cash flowing real estate yet you owe 1 million on it? That is called Smart! There is a ratio that is smart and a ratio that is not so smart..... for me 25% to 30% is smart..... past that you enter the danger zone.... but each needs to assess their risk tolerance How would that per cent work in a big real estate correction like in 2008 through 2012? Commercial or residential? Curious obviously don’t want to be over extended. Funny you ask.... in 2008 my ratios weren't that good yet I survived.... it was stressful though.... my real estate is commercial. I will send you a PM
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: Oct 2011
Posts: 59,115 Likes: 22
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2011
Posts: 59,115 Likes: 22 |
As usual, a mouth full of diarrhea and no pictures..........A typical troll.
Donut Boy! you still eating stolen food? still stealing from lost and found? I bet you poach, too. Maybe you can hang out at the Mall and find enough money for another free donut. Lol, You go Girl!
Paul
"I'd rather see a sermon than hear a sermon".... D.A.D.
Trump Won!, Sandmann Won!, Rittenhouse Won!, Suck it Liberal Fuuktards.
molɔ̀ːn labé skýla
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Joined: Jun 2008
Posts: 13,354
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2008
Posts: 13,354 |
Inflation destroys savers.....
Yet if you hold valuable assets , inflation can make you richer....
Fixed, low interest rate debt is your friend during inflation. Correct.... a simple example most can relate to... you have a 30 yr mortgage at 3% yet inflation is 5% year after year.... well in 20yrs your monthly payment will be really cheap and your house will have doubled or more in value. A person has to adapt his investment strategy according to current conditions Yes that's the way it works for the masses. Also how the government taxes the hell out of the masses in property tax year after year but let's the special wealthy ones holding capital assets pay nothing on their appreciation of assets. You would be much better served if you spit out the class envy/hate the rich koolaid and employed some good investment strategies and maybe you to could be successful? Don't envy anyone with wealth. Hate the way the tax system favors a few at the expense of many. Being stupid is expensive, and should be!
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Nov 2004
Posts: 10,010
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,010 |
Nothing is more valuable than good health. Something I found out after my health went to crap. I worked a lot to get ahead when I was younger but at eat cost? Although when my health took a dive I was glad I was out of debt with some assets.
Bb
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Joined: Apr 2013
Posts: 4,960
Campfire Tracker
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Campfire Tracker
Joined: Apr 2013
Posts: 4,960 |
Charter Member
Ancient order of the 1895 Winchester
"It's an insecure and petite man who demands all others like what he likes and dislike what he dislikes."
szihn
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Joined: Dec 2004
Posts: 9,341
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,341 |
The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
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Joined: Aug 2005
Posts: 9,941
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 9,941 |
My 401K went up 65% after the presidential election so life is far better now. The market appreciated stability coming in.
Your mileage may vary depending how you are diversified.
Other than that, How was the show Mrs. Lincoln?
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Joined: Feb 2007
Posts: 11,774
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,774 |
NRA Patron
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Joined: Dec 2013
Posts: 44,356 Likes: 7
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,356 Likes: 7 |
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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