|
|
Joined: Nov 2015
Posts: 14,272
Campfire Outfitter
|
OP
Campfire Outfitter
Joined: Nov 2015
Posts: 14,272 |
Land
Rental units
Storage units
Stock market
|
|
|
|
|
Joined: Dec 2002
Posts: 17,904
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2002
Posts: 17,904 |
"To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical." -- Thomas Jefferson
We are all Rhodesians now.
|
|
|
|
|
Joined: Mar 2004
Posts: 20,823
Campfire Ranger
|
|
Campfire Ranger
Joined: Mar 2004
Posts: 20,823 |
Primers 
Please don't feed the trolls!
|
|
|
|
|
Joined: Jul 2020
Posts: 3,906
Campfire Tracker
|
|
Campfire Tracker
Joined: Jul 2020
Posts: 3,906 |
I'd guess the answers might vary by state.
No rental units for me - tenants have way too many rights, and the chances of getting stuck with non-paying renters is too risky.
Storage units - that sector is almost built out and overcapacity here. I kick myself in the ass for not putting up some storage units 5 years ago. Mailbox money, baby!
Stock market - I'm pulling back and getting more conservative, since I'm getting close to full retirement age.
That leaves land. Under the right circumstances, I'd throw some money there. (Actually just did not too long ago.)
|
|
|
|
|
Joined: Feb 2017
Posts: 3,238
Campfire Tracker
|
|
Campfire Tracker
Joined: Feb 2017
Posts: 3,238 |
Yours in Liberty,
BL
|
|
|
|
|
Joined: Aug 2010
Posts: 1,555
Campfire Regular
|
|
Campfire Regular
Joined: Aug 2010
Posts: 1,555 |
I sure could go for some $2.50/gal gas and a mean tweet!
NRA Benefactor member, disgruntled.
Life member: Firearms Owners Against Crime.
Life member: GOA
Member: RMEF
TRUMP 2020
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Land
Rental units
Storage units
Stock market Via The Stock Markets you can invest in the various forms of Real Estate. The stock markets are beginning to look a little more optimistic with inflation indicators beginning to turn down with the exception of eggs. All depends on the FED and what further actions they take including no action for a while which would be good for the markets. Jmo
|
|
|
|
|
Joined: Apr 2011
Posts: 4,847
Campfire Tracker
|
|
Campfire Tracker
Joined: Apr 2011
Posts: 4,847 |
https://thefinancialdiaries.com/products-in-demand-during-a-recession/According the the article: Exercise Equipment Consumer Staples Coffee and Tea Tupperware Cosmetics Movies, TV and Video Games Baby Products Kitchenware Pet Care Candy Auto Parts Based on that people stay home, cook at home, have kids and pets, and fix their own cars.
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
|
|
|
|
|
Joined: Sep 2011
Posts: 60,723
Campfire Kahuna
|
|
Campfire Kahuna
Joined: Sep 2011
Posts: 60,723 |
Me?, Iowa farmland, it's what I know.
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
|
|
|
|
|
Joined: Nov 2015
Posts: 14,272
Campfire Outfitter
|
|
OP
Campfire Outfitter
Joined: Nov 2015
Posts: 14,272 |
I got layin hens and a incubator that end is covered
|
|
|
|
|
Joined: Jul 2020
Posts: 3,906
Campfire Tracker
|
|
Campfire Tracker
Joined: Jul 2020
Posts: 3,906 |
I got layin hens and a incubator that end is covered You should post that on Sam O's thread "How much do you Make". Damn rich guys, showing off. LOL
|
|
|
|
|
Joined: Jun 2005
Posts: 13,792
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2005
Posts: 13,792 |
|
|
|
|
|
Joined: Oct 2010
Posts: 8,749
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2010
Posts: 8,749 |
Will Munny: It's a hell of a thing, killing a man. Take away all he's got and all he's ever gonna have.
The Schofield Kid: Yeah, well, I guess they had it coming.
Will Munny: We all got it coming, kid.
|
|
|
|
|
Joined: Jan 2016
Posts: 95,645
Campfire Oracle
|
|
Campfire Oracle
Joined: Jan 2016
Posts: 95,645 |
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
|
|
|
|
|
Joined: Nov 2015
Posts: 14,272
Campfire Outfitter
|
|
OP
Campfire Outfitter
Joined: Nov 2015
Posts: 14,272 |
I got layin hens and a incubator that end is covered You should post that on Sam O's thread "How much do you Make". Damn rich guys, showing off. LOL Barter is a big word
|
|
|
|
|
Joined: Apr 2011
Posts: 151,031
Campfire Savant
|
|
Campfire Savant
Joined: Apr 2011
Posts: 151,031 |
|
|
|
|
|
Joined: Jan 2016
Posts: 95,645
Campfire Oracle
|
|
Campfire Oracle
Joined: Jan 2016
Posts: 95,645 |
Oh hell, you did it now. You ever disagree with anyone less than decent on the Fire you will pay for that remark. Ask me and Col Travis how we know. 
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
|
|
|
|
|
Joined: Jan 2006
Posts: 5,636
Campfire Tracker
|
|
Campfire Tracker
Joined: Jan 2006
Posts: 5,636 |
My biggest fear is when I die my wife will sell my guns for what I told her they cost.
|
|
|
|
|
Joined: Dec 2013
Posts: 23,685
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
|
|
|
|
|
Joined: Dec 2015
Posts: 8,271
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Dec 2015
Posts: 8,271 |
just what i was think about !!!!
LIFE NRA , we vote Red up here, Norseman
|
|
|
|
|
Joined: Jul 2011
Posts: 2,104
Campfire Regular
|
|
Campfire Regular
Joined: Jul 2011
Posts: 2,104 |
Bad times? People drink. Good times? People drink. Win-win
- Rogue
|
|
|
|
|
Joined: Nov 2015
Posts: 1,781
Campfire Regular
|
Campfire Regular
Joined: Nov 2015
Posts: 1,781 |
Much of our country and what passes for investments are nothing but debt piled upon debt.
We have a massive derivative bubble that will burst sooner rather than later. TPTB are very busy convincing people everything is ok. A con game requires confidence. They will print until they cannot print any longer, then create a crisis that makes the masses beg for CBDC. It will all be blamed on the bad Putin.
My excess money is in land, lead, powder, primers, Gold, Silver, food, tools.
Like much of the eastern world, I am actively de-dollarizing.
I will keep enough cash to survive on. What I can thrive on will be out of the dollar as best I can.
At 65, I am not worried about hitting any home runs with risky stuff.
USMC 0351
We know the price of everything and the value of nothing.
|
|
|
|
|
Joined: Jan 2001
Posts: 30,747
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Jan 2001
Posts: 30,747 |
Land...... Shoulda coulda 10 yrs ago....... Do have a mere 23 acres Currently investing in brass & lead..... Live ammo is worth much more than stored components ![[Linked Image from i.imgur.com]](https://i.imgur.com/W15TCBg.jpg) ![[Linked Image from i.imgur.com]](https://i.imgur.com/7zbtIJi.jpg) ![[Linked Image from i.imgur.com]](https://i.imgur.com/PP4iPsv.jpg) ![[Linked Image from i.imgur.com]](https://i.imgur.com/EPeau5M.jpg)
T R U M P W O N !
U L T R A M A G A !
|
|
|
|
|
Joined: Dec 2019
Posts: 4,680
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2019
Posts: 4,680 |
What does Gordon Liddy recommend?
|
|
|
|
|
Joined: Feb 2001
Posts: 8,727
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2001
Posts: 8,727 |
Primers No freakin doubt ! Reloading components have been few & far between in this area. I broke down and bought a 4 pound keg of H4350 last year. It’ll do for most of my rifles. With the other stuff I’ve gotten to hoarding, I’d say I’m fairly well armed, at least by ‘Campfire standards, but I haven’t found Rifle primers, large or small for about 7 months! I’m not lacking, but I’m a little paranoid about burning up what I have, with little chance of replacing. These days, with the government sorta waging an undeclared war on American Patriots, I think we should all be a little paranoid! 7mm
"Preserving the Constitution, fighting off the nibblers and chippers, even nibblers and chippers with good intentions, was once regarded by conservatives as the first duty of the citizen. It still is." � Wesley Pruden
|
|
|
|
|
Joined: Dec 2019
Posts: 2,997
Campfire Regular
|
|
Campfire Regular
Joined: Dec 2019
Posts: 2,997 |
What would I invest in? I'm actively investing in memories while I'm still young enough to make them. They will help sustain me in my later years. My house is paid off and retirement is mostly funded. I'd upgrade to another home if it came with hunting land. These strategies might not be appropriate for the next person. Everyone's situation is a bit different.
|
|
|
|
|
Joined: May 2016
Posts: 60,270
Campfire Kahuna
|
|
Campfire Kahuna
Joined: May 2016
Posts: 60,270 |
Primers That's not funny.
I am MAGA.
|
|
|
|
|
Joined: Jan 2001
Posts: 30,747
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Jan 2001
Posts: 30,747 |
Primers That's not funny. Just noticed today.....after loading 500 9 mms My Rem 7.5 stash is down to 18K.... Been running 7.5's in my 9mm striker fired to save my Win SP primers
T R U M P W O N !
U L T R A M A G A !
|
|
|
|
|
Joined: Jul 2010
Posts: 8,482
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jul 2010
Posts: 8,482 |
|
|
|
|
|
Joined: Feb 2013
Posts: 21,701
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,701 |
People...
I invest in the good men and women of my Community...
The dividends of good will, honor and fair exchange far exceed "investments"
-----------------
As for monetary investments... I really have no idea...
HARD COMMODITIES... PHYSICALITY HELD... if you have a particular expertise.
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: Feb 2006
Posts: 43,842
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Feb 2006
Posts: 43,842 |
About a year ago I started believing all the doom and gloom.
Super inflation is coming, money will be worth nothing, etc...
So in a mild panic I spent 2/3 of our savings on down payment on a 4 bedroom house down the street. It is NOT a money maker but it's helping my sister in law/kids out and I feel better sticking the cash into that house versus the stock market. Land is really hard to come by around here otherwise I would have liked to went that route.
And we got in at 5.25% so not a terrible deal even if we overpaid by maybe 10%.
Also spent a chitload on shooting/defense related products so good there!
|
|
|
|
|
Joined: Feb 2007
Posts: 11,756
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2007
Posts: 11,756 |
Balance of stocks, bonds and mutual funds.
Real estate, but not rentals.
NRA Patron
|
|
|
|
|
Joined: Oct 2005
Posts: 79,321
Campfire Oracle
|
|
Campfire Oracle
Joined: Oct 2005
Posts: 79,321 |
Real estate,..in any form. The stock market is manipulated, precious metals are manipulated.
Real estate is difficult to manipulate. Its value is plainly evident to too many people.
|
|
|
|
|
Joined: Feb 2010
Posts: 16,076
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,076 |
Licker, ammo, funeral homes. I don’t have a real bright and sunny outlook for the future.
|
|
|
|
|
Joined: Oct 2013
Posts: 18,889
Campfire Ranger
|
|
Campfire Ranger
Joined: Oct 2013
Posts: 18,889 |
The last time that bear ate a lawyer he had the runs for 33 days!
|
|
|
|
|
Joined: Feb 2013
Posts: 21,701
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,701 |
Licker, ammo, funeral homes. I don’t have a real bright and sunny outlook for the future. LOL... Not bad actually... As for RE... Not for me anymore... Sold everything but three. I think RE has some troubles coming... "depending on location" of course.
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: Dec 2005
Posts: 4,172
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2005
Posts: 4,172 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it.
|
|
|
|
|
Joined: Dec 2006
Posts: 28,172
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Commodities...things to eat
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
|
|
|
|
|
Joined: Jan 2008
Posts: 1,340
Campfire Regular
|
|
Campfire Regular
Joined: Jan 2008
Posts: 1,340 |
Bump Stocks. Sig Braces and Binary triggers. The Kennedy's didn't get rich off of Water and milk.
A bowhunter at heart but a gun guy at soul. I'll take craftsmanship, wood and blue steel over plastic and composite any day.
|
|
|
|
|
Joined: Nov 2015
Posts: 1,781
Campfire Regular
|
|
Campfire Regular
Joined: Nov 2015
Posts: 1,781 |
The stock market is manipulated, precious metals are manipulated. Mostly via those derivatives I mentioned earlier. There are roughly 200 ounces of "paper gold" traded back and forth for every ounce of real gold delivered on the exchanges.
USMC 0351
We know the price of everything and the value of nothing.
|
|
|
|
|
Joined: Mar 2010
Posts: 11,725
Campfire Outfitter
|
Campfire Outfitter
Joined: Mar 2010
Posts: 11,725 |
|
|
|
|
|
Joined: Oct 2005
Posts: 79,321
Campfire Oracle
|
|
Campfire Oracle
Joined: Oct 2005
Posts: 79,321 |
The stock market is manipulated, precious metals are manipulated. Mostly via those derivatives I mentioned earlier. There are roughly 200 ounces of "paper gold" traded back and forth for every ounce of real gold delivered on the exchanges. Paper gold that has no gold to back it up.
|
|
|
|
|
Joined: Jan 2001
Posts: 59,134
Campfire Kahuna
|
|
Campfire Kahuna
Joined: Jan 2001
Posts: 59,134 |
BITCOIN!!!! LOTS AND LOTS OF BITCOIN!!!
Bwahahahahahahahahhah......
Ex- USN (SS) '66-'69
Pro-Constitution.
LET'S GO BRANDON!!!
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
RIOT
CGC
Fidelity® Contrafund® Fund Class K
Heavily....
|
|
|
|
|
Joined: Aug 2010
Posts: 1,555
Campfire Regular
|
|
Campfire Regular
Joined: Aug 2010
Posts: 1,555 |
I sure could go for some $2.50/gal gas and a mean tweet!
NRA Benefactor member, disgruntled.
Life member: Firearms Owners Against Crime.
Life member: GOA
Member: RMEF
TRUMP 2020
|
|
|
|
|
Joined: Apr 2011
Posts: 4,847
Campfire Tracker
|
|
Campfire Tracker
Joined: Apr 2011
Posts: 4,847 |
That stinks. 
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
|
|
|
|
|
Joined: Aug 2012
Posts: 1,109
Campfire Regular
|
|
Campfire Regular
Joined: Aug 2012
Posts: 1,109 |
|
|
|
|
|
Joined: Aug 2012
Posts: 1,109
Campfire Regular
|
|
Campfire Regular
Joined: Aug 2012
Posts: 1,109 |
That stinks. 🤣🤣🤣
|
|
|
|
|
Joined: Feb 2004
Posts: 19,144
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2004
Posts: 19,144 |
Throw in Chevron and Microsoft. The dividend for Chevron went up again. Maybe even Walmart as those with no jobs are going to be slumming at Wally World. kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
|
|
|
|
|
Joined: Jun 2005
Posts: 13,792
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2005
Posts: 13,792 |
I would invest in campers and dolphins.
For all intents and porpoises.
|
|
|
|
|
Joined: Feb 2013
Posts: 21,701
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,701 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it. 200% agree...
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: Jul 2006
Posts: 4,796
Campfire Tracker
|
|
Campfire Tracker
Joined: Jul 2006
Posts: 4,796 |
The stock market is manipulated, precious metals are manipulated. Mostly via those derivatives I mentioned earlier. There are roughly 200 ounces of "paper gold" traded back and forth for every ounce of real gold delivered on the exchanges. Paper gold that has no gold to back it up. People who sell gold as an investment are using this idea and have been for practically forever to sell it to people who don't understand how futures/derivatives markets work. There are always going to be more paper contracts vs actual physical commodity whether it be gold, wheat, cattle, etc. Its how the system is supposed to work. I just did a search on "not enough gold to back paper markets" and got pages of hits. This is "common knowledge", so that in and of itself disqualifies it as some kind of trading edge. The old saying of what "everyone" knows being worthless comes to mind.
"Men must be governed by God or they will be ruled by tyrants". --- William Penn
|
|
|
|
|
Joined: Jan 2012
Posts: 26,456
Campfire Ranger
|
|
Campfire Ranger
Joined: Jan 2012
Posts: 26,456 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it. 200% agree... We bought raw land 25 years back that we couldn't really afford but made the necessary changes in our lifestyle to make it work. Received our 'new & improved' tax valuation for our place in Virginia last month for 2023. Simultaneously sold 1/5 of the acreage at 600% profit after 25 years of owning, hunting and playing on it. That will keep the tax bill at 2022 levels. The developer will be building at or near $1M homes on what he purchased from us and the adjoining property he already owned[some of which we sold him 15 years back @ 400% profit]. So now we are sitting on 60 acres yet that will adjoin those homes/lots.
FJB & FJT
|
|
|
|
|
Joined: Oct 2022
Posts: 930
Campfire Regular
|
|
Campfire Regular
Joined: Oct 2022
Posts: 930 |
What if Jessie's girl is Stacy's mom, and her phone number is 867-5309
|
|
|
|
|
Joined: Feb 2004
Posts: 19,144
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2004
Posts: 19,144 |
I would invest in campers and dolphins.
For all intents and porpoises. I saw what you did there ^^^^ kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
|
|
|
|
|
Joined: Jun 2020
Posts: 1,800
Campfire Regular
|
|
Campfire Regular
Joined: Jun 2020
Posts: 1,800 |
|
|
|
|
|
Joined: Feb 2013
Posts: 21,701
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,701 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it. 200% agree... We bought raw land 25 years back that we couldn't really afford but made the necessary changes in our lifestyle to make it work. Received our 'new & improved' tax valuation for our place in Virginia last month for 2023. Simultaneously sold 1/5 of the acreage at 600% profit after 25 years of owning, hunting and playing on it. That will keep the tax bill at 2022 levels. The developer will be building at or near $1M homes on what he purchased from us and the adjoining property he already owned[some of which we sold him 15 years back @ 400% profit]. So now we are sitting on 60 acres yet that will adjoin those homes/lots. Blacksburg/Christiansburg ain't no sleep little town no more... I hunted the Teal farms in Riner for a few years... LOL Not no more.
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: Apr 2018
Posts: 1,064
Campfire Regular
|
|
Campfire Regular
Joined: Apr 2018
Posts: 1,064 |
Gun Owners of America
Escapee's RV Club
Elks
Moose
|
|
|
|
|
Joined: Feb 2010
Posts: 2,816
Campfire Regular
|
|
Campfire Regular
Joined: Feb 2010
Posts: 2,816 |
Ski passes, mountain bikes, canoes, bird dogs, and fuel to get there.
|
|
|
|
|
Joined: Aug 2005
Posts: 10,712
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Aug 2005
Posts: 10,712 |
Making 4% in the checking account sounds pretty good until the Fed gets out of the way so markets can actually work.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
|
|
|
|
|
Joined: Nov 2002
Posts: 33,683
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Nov 2002
Posts: 33,683 |
Balance of stocks, bonds and mutual funds.
Real estate, but not rentals. This.
Conduct is the best proof of character.
|
|
|
|
|
Joined: Dec 2005
Posts: 4,172
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2005
Posts: 4,172 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it. 200% agree... We bought raw land 25 years back that we couldn't really afford but made the necessary changes in our lifestyle to make it work. Received our 'new & improved' tax valuation for our place in Virginia last month for 2023. Simultaneously sold 1/5 of the acreage at 600% profit after 25 years of owning, hunting and playing on it. That will keep the tax bill at 2022 levels. The developer will be building at or near $1M homes on what he purchased from us and the adjoining property he already owned[some of which we sold him 15 years back @ 400% profit]. So now we are sitting on 60 acres yet that will adjoin those homes/lots. Might be time to sell it ALL now if the market is bearing such ROI. In my experience, more property line neighbors mean more hunters. Uninvited and unwanted. Headache.
|
|
|
|
|
Joined: Apr 2009
Posts: 4,349
Campfire Tracker
|
|
Campfire Tracker
Joined: Apr 2009
Posts: 4,349 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it. 200% agree... We bought raw land 25 years back that we couldn't really afford but made the necessary changes in our lifestyle to make it work. Received our 'new & improved' tax valuation for our place in Virginia last month for 2023. Simultaneously sold 1/5 of the acreage at 600% profit after 25 years of owning, hunting and playing on it. That will keep the tax bill at 2022 levels. The developer will be building at or near $1M homes on what he purchased from us and the adjoining property he already owned[some of which we sold him 15 years back @ 400% profit]. So now we are sitting on 60 acres yet that will adjoin those homes/lots. Blacksburg/Christiansburg ain't no sleep little town no more... I hunted the Teal farms in Riner for a few years... LOL Not no more. My Granddad retired from Va Tech. He remembered 1000's of acres of mountain land East of Blacksburg going toward Roanoke being sold for taxes on the courthouse steps. Of course he didn't have any money.
|
|
|
|
|
Joined: Jan 2012
Posts: 26,456
Campfire Ranger
|
|
Campfire Ranger
Joined: Jan 2012
Posts: 26,456 |
Real estate?
Better be considering that corresponding property tax burden. That's about to become the next big thing.
Bet on it. 200% agree... We bought raw land 25 years back that we couldn't really afford but made the necessary changes in our lifestyle to make it work. Received our 'new & improved' tax valuation for our place in Virginia last month for 2023. Simultaneously sold 1/5 of the acreage at 600% profit after 25 years of owning, hunting and playing on it. That will keep the tax bill at 2022 levels. The developer will be building at or near $1M homes on what he purchased from us and the adjoining property he already owned[some of which we sold him 15 years back @ 400% profit]. So now we are sitting on 60 acres yet that will adjoin those homes/lots. Might be time to sell it ALL now if the market is bearing such ROI. In my experience, more property line neighbors mean more hunters. Uninvited and unwanted. Headache. Plan is to sell down to around 10+/- acres over the next 5-10 years. Keep the view-shed clear and eventually turn that house into an overnite rental. We both have elderly parents with health issues keeping us here currently. With the next sale we plan on purchasing a second home in Tenn which would become our 'base'.
FJB & FJT
|
|
|
|
|
Joined: Dec 2005
Posts: 4,172
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2005
Posts: 4,172 |
Solid plan, R! Those thinking about getting into real estate investment should take heed. A clearly defined event horizon has to be a big part of the planning. It's not just throw down a check at closing time right now.
|
|
|
|
|
Joined: Mar 2010
Posts: 24,117
Campfire Ranger
|
|
Campfire Ranger
Joined: Mar 2010
Posts: 24,117 |
RIOT
CGC
Fidelity® Contrafund® Fund Class K
Heavily.... I bought RIOT, COIN, 2 months ago when it tanked I think energy will do good this year with inflation and Biden has to refill the spr eventually. 85, 90, 100? added to TTE, NINE, BIR:CA, xom, cvx I'm looking at more real estate if market tanks
Last edited by ribka; 01/27/23.
|
|
|
|
|
Joined: Aug 2011
Posts: 8,728
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Aug 2011
Posts: 8,728 |
|
|
|
|
|
Joined: Sep 2012
Posts: 1,674
Campfire Regular
|
|
Campfire Regular
Joined: Sep 2012
Posts: 1,674 |
Real Estate, something very tangible. especially farm and ranch land.
|
|
|
|
|
Joined: Jun 2004
Posts: 44,814
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Jun 2004
Posts: 44,814 |
If things would actually go the way they should then scaffold lumber and rope.
|
|
|
|
|
Joined: Jan 2012
Posts: 26,456
Campfire Ranger
|
|
Campfire Ranger
Joined: Jan 2012
Posts: 26,456 |
RIOT
CGC
Fidelity® Contrafund® Fund Class K
Heavily.... I bought RIOT, COIN, 2 months ago when it tanked I think energy will do good this year with inflation and Biden has to refill the spr eventually. 85, 90, 100? added to TTE, NINE, BIR:CA, xom, cvx I'm looking at more real estate if market tanks I added some 'utilities funds' to the mix over the past month. Bought in to ET last summer after reading about it here.
FJB & FJT
|
|
|
|
|
Joined: Jan 2021
Posts: 1,775
Campfire Regular
|
|
Campfire Regular
Joined: Jan 2021
Posts: 1,775 |
I hear human trafficking turns a buck.
Might get in on that.
Bore size is no substitute for shot placement and
Power is no substitute for bullet performance. 458WIN
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
RIOT
CGC
Fidelity® Contrafund® Fund Class K
Heavily.... I bought RIOT, COIN, 2 months ago when it tanked I think energy will do good this year with inflation and Biden has to refill the spr eventually. 85, 90, 100? added to TTE, NINE, BIR:CA, xom, cvx I'm looking at more real estate if market tanks Market Summary > Canopy Growth Corp 2.92 USD +0.16 (5.98%)today Bought 100k shares of Fidelity® Contrafund® Fund Class K at 11.95 https://finance.yahoo.com/quote/CGC/
Last edited by 6mmCreedmoor; 01/27/23.
|
|
|
|
|
Joined: Oct 2002
Posts: 13,401
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2002
Posts: 13,401 |
Toilette paper and whiskey. Right now Lockheed stock would be a good bet.
Dog I rescued in January ![[Linked Image from i.postimg.cc]](https://i.postimg.cc/yYDjsxrQ/IMG-0124.jpg)
|
|
|
|
|
Joined: Aug 2005
Posts: 10,712
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Aug 2005
Posts: 10,712 |
Keeping some money in CD's is sounding a lot better at 4-5% APR.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
|
|
|
|
|
Joined: Dec 2005
Posts: 4,172
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2005
Posts: 4,172 |
Might want to wait until this week is over and done with.
Slump usually follows lackluster earnings reports.
And the FED is talking more basis points to the rate.
Creative accounting should be considered an artform.
|
|
|
|
|
Joined: Nov 2015
Posts: 1,781
Campfire Regular
|
|
Campfire Regular
Joined: Nov 2015
Posts: 1,781 |
Keeping some money in CD's is sounding a lot better at 4-5% APR. It isn't money. It is currency. A derivative of money. Except our currency (the Dollar) is a derivative of a derivative. No real money to be seen for the vast, vast majority of Dollars. In other words, we have dishonest currency. Been that way a long time...and fully realized in 1971. If you are comfortable with that, go for it! Just try not to be 100% in derivatives of derivatives of derivatives.
USMC 0351
We know the price of everything and the value of nothing.
|
|
|
|
|
Joined: Apr 2017
Posts: 3,253
Campfire Tracker
|
|
Campfire Tracker
Joined: Apr 2017
Posts: 3,253 |
Stocks is the only answer currently with the fiscal crisis we are in now... And they are not really that attractive. I'm just buying a chunk of something that I wouldn't mind holding for years, and if it goes up a few points in a month, I sell it and wait for another one... Land has gone up so much that I cannot justify buying anymore - I have sold all mine in the last 2 years for obscene prices. When the music stops, you better have your hand on a chair...
"If there are no dogs in Heaven, then when I die, I want to go where they went"
Will Rogers
|
|
|
|
|
Joined: Dec 2014
Posts: 9,088
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Dec 2014
Posts: 9,088 |
Financial whizkids...how 'bout fire resistant chicken/egg production plants? Or just fire resistant food processing plants in general. Seems like these places are tinder boxes waiting to blow up. Who knew? Or how about Nomex butcher aprons? Meanwhile the fbi is checking into the price of Taylor Swift tickets.
Last edited by flintlocke; 01/30/23.
Well this is a fine pickle we're in, should'a listened to Joe McCarthy and George Orwell I guess.
|
|
|
|
|
Joined: Jan 2001
Posts: 29,818
Campfire Ranger
|
|
Campfire Ranger
Joined: Jan 2001
Posts: 29,818 |
1Minute
|
|
|
|
|
Joined: Apr 2006
Posts: 9,508
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Apr 2006
Posts: 9,508 |
I can walk on water.......................but I do stagger a bit on alcohol.
|
|
|
|
|
Joined: Sep 2006
Posts: 61
Campfire Greenhorn
|
|
Campfire Greenhorn
Joined: Sep 2006
Posts: 61 |
|
|
|
|
|
Joined: Aug 2009
Posts: 20,824
Campfire Ranger
|
|
Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Sometimes sitting on the sidelines and waiting is the smart thing to do... I would say this is one of those times, things are happening fast, so the wait shouldn't be long
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.
|
|
|
|
|
Joined: Feb 2008
Posts: 13,606
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2008
Posts: 13,606 |
TMC stock, hold 2-3 years.
Beware of any old man in a profession where one usually dies young.
Calm seas don't make sailors.
|
|
|
|
|
Joined: Nov 2015
Posts: 14,272
Campfire Outfitter
|
|
OP
Campfire Outfitter
Joined: Nov 2015
Posts: 14,272 |
Sometimes sitting on the sidelines and waiting is the smart thing to do... I would say this is one of those times, things are happening fast, so the wait shouldn't be long I’m still using my cheap fly rods btw havnt pulled out the good ones yet
|
|
|
|
|
Joined: Sep 2004
Posts: 14,150
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Sep 2004
Posts: 14,150 |
A 1970 Hemi Cuda, Superbird
Last edited by Whelenman; 01/30/23.
Well we're Green and we're Gold, and we play better when it's cold. All us Cheese heads have our favorite superstar. We love Brett Favre.
|
|
|
|
|
Joined: Feb 2006
Posts: 43,842
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Feb 2006
Posts: 43,842 |
2022
Made $23 on savings account interest.
Lost 10-15% on my tiny and ancient 401k account.
|
|
|
|
|
Joined: Aug 2009
Posts: 20,824
Campfire Ranger
|
|
Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Sometimes sitting on the sidelines and waiting is the smart thing to do... I would say this is one of those times, things are happening fast, so the wait shouldn't be long I’m still using my cheap fly rods btw havnt pulled out the good ones yet So your good fly rod investment is providing zero returns? why?
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.
|
|
|
|
|
Joined: Aug 2001
Posts: 2,882
Campfire Regular
|
|
Campfire Regular
Joined: Aug 2001
Posts: 2,882 |
Good mix of stocks and bonds, been through this a number of times in the past 60 years, always came out better when things settled down.
I have fun buying some silver and gold. Just a nice sound of the coins clanking in your hands, they all look good too.
"The older I get, the better I was"
|
|
|
|
|
Joined: Feb 2017
Posts: 3,238
Campfire Tracker
|
|
Campfire Tracker
Joined: Feb 2017
Posts: 3,238 |
RIOT
CGC
Fidelity® Contrafund® Fund Class K
Heavily.... 👍🏻. I’ve 1500 shares of contra; among others. It’s already been on a nice upswing the last few weeks! If you are gonna jump in, better do it quickly.
Yours in Liberty,
BL
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
|
|
|
|
|
Joined: Jun 2021
Posts: 466
Campfire Member
|
|
Campfire Member
Joined: Jun 2021
Posts: 466 |
BITCOIN!!!! LOTS AND LOTS OF BITCOIN!!!
Bwahahahahahahahahhah...... iam thinking the same thing
The only thing necessary for the triumph of evil is for good men to do nothing.
|
|
|
|
|
Joined: Feb 2004
Posts: 46,745
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Feb 2004
Posts: 46,745 |
Camp is where you make it.
|
|
|
|
|
Joined: Apr 2017
Posts: 19,576
Campfire Ranger
|
|
Campfire Ranger
Joined: Apr 2017
Posts: 19,576 |
"Maybe we're all happy."
"Go to the sporting goods store. From the files, obtain form 4473. These will contain descriptions of weapons and lists of private ownership."
|
|
|
|
|
Joined: Aug 2014
Posts: 5,007
Campfire Tracker
|
|
Campfire Tracker
Joined: Aug 2014
Posts: 5,007 |
Most recent move was a CD at 3.8 short term. Best thing I am holding Transocean Drilling. Up over 400 % since I bought it. If Interest rates would rise a bit I would probably move most to fixed.
|
|
|
|
|
Joined: May 2004
Posts: 5,190
Campfire Tracker
|
|
Campfire Tracker
Joined: May 2004
Posts: 5,190 |
Most recent move was a CD at 3.8 short term. Best thing I am holding Transocean Drilling. Up over 400 % since I bought it. If Interest rates would rise a bit I would probably move most to fixed. You can get 4.17% in a fidelity account . The ticker is SPRXX. Take it out any time. It will likely go to 4.5% after Mr. Powell speaks tomorrow. Now days I would just go with the 4.5% after tomorrow. Before Powell starts cutting next year I will put money in Corporate bonds, but not too much. Bonds might do very well after that. I will be happy with 5 or 6% yield with a little price rise and low volatility . If prices go down, I want to buy a boat ( starcraft Freedom 180T) and maybe some land in Upper Michigan.
Last edited by ihookem; 01/31/23.
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
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Most recent move was a CD at 3.8 short term. Best thing I am holding Transocean Drilling. Up over 400 % since I bought it. If Interest rates would rise a bit I would probably move most to fixed. You can get 4.17% in a fidelity account . The ticker is SPRXX. Take it out any time. It will likely go to 4.5% after Mr. Powell speaks tomorrow. Just fwiw, I just recently got several FDIC insured CD’s at 4.6% via my Fidelity account. I think you’re right about the FED tomorrow.
|
|
|
|
|
Joined: Dec 2013
Posts: 23,685
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
Sometimes sitting on the sidelines and waiting is the smart thing to do... I would say this is one of those times, things are happening fast, so the wait shouldn't be long I hope so. I’m trying to buy a beach house, so hope that scheit crashes and all the “remote working” liberal programmers have to fire sale and move back to the city to work.
Last edited by jackmountain; 01/31/23.
|
|
|
|
|
Joined: Feb 2003
Posts: 10,361
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2003
Posts: 10,361 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax.
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: Dec 2013
Posts: 23,685
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. That’s fortunate for most of the dead beat loser middle aged white people.
|
|
|
|
|
Joined: Jun 2011
Posts: 10,811
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2011
Posts: 10,811 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. Unless your net worth is over 11 million dollars, there is no gift tax on any amount at this point
The people wringing their hands over Trump's rhetoric don't know what time it is in America.
|
|
|
|
|
Joined: Aug 2009
Posts: 20,824
Campfire Ranger
|
|
Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. You have been giving investment advice here for years... yet by your own admission you are a brokedick?
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.
|
|
|
|
|
Joined: Feb 2013
Posts: 21,701
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,701 |
I bought a fair bit of Tesla at $113 last month...
It is $173 now.
53% return in a month is a fairly decent return I guess.
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: Mar 2011
Posts: 1,953
Campfire Regular
|
|
Campfire Regular
Joined: Mar 2011
Posts: 1,953 |
Put everything you have in the raccoon market it’s a winner for sure
Only Dead Fish Go With The Flow
|
|
|
|
|
Joined: Dec 2019
Posts: 2,997
Campfire Regular
|
|
Campfire Regular
Joined: Dec 2019
Posts: 2,997 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. Unless your net worth is over 11 million dollars, there is no gift tax on any amount at this point Are you sure about this? Are you talking an inheritance or just a gift?
|
|
|
|
|
Joined: Jun 2011
Posts: 10,811
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2011
Posts: 10,811 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. Unless your net worth is over 11 million dollars, there is no gift tax on any amount at this point Are you sure about this? Are you talking an inheritance or just a gift? Positive. Gift. Do it ASAP as the Biteme administration will be changing the rules to butfugg the people soon
The people wringing their hands over Trump's rhetoric don't know what time it is in America.
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. Unless your net worth is over 11 million dollars, there is no gift tax on any amount at this point Are you sure about this? Are you talking an inheritance or just a gift? Positive. Gift. Do it ASAP as the Biteme administration will be changing the rules to butfugg the people soon According to the IRS it’s $17,000 for 2023 to as many people as you want and same for your wife if filing jointly meaning you can give $34,000 to the same person, for example. I’d like to know more about what you’re talking about and if there is an approved way to give unlimited without tax implications.
|
|
|
|
|
Joined: Apr 2010
Posts: 14,688
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Apr 2010
Posts: 14,688 |
Bacon & Eggs + Ribeye steak!!
Even birds know not to land downwind!
|
|
|
|
|
Joined: Aug 2010
Posts: 48,005
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Aug 2010
Posts: 48,005 |
I try to stick with the basics, they do so well. Nothing fancy mind you, just plain jane will get it done with style. You want to see an animal drop right now? Shoot him in the ear hole. BSA MAGA
|
|
|
|
|
Joined: Feb 2008
Posts: 13,606
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2008
Posts: 13,606 |
TMC stock, hold 2-3 years. Up 15% since I posted that. Just saying.
Beware of any old man in a profession where one usually dies young.
Calm seas don't make sailors.
|
|
|
|
|
Joined: Oct 2010
Posts: 7,680
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2010
Posts: 7,680 |
I bought a fair bit of Tesla at $113 last month... I didn't get back in the low but I got back in before their earnings last week. Options on them are still pretty bullish but I have a bad feeling the rest of this year is going to be tough for everyone, TSLA included.
|
|
|
|
|
Joined: Aug 2003
Posts: 6,411
Campfire Tracker
|
|
Campfire Tracker
Joined: Aug 2003
Posts: 6,411 |
I’m a firm believer in you can’t time the market. But a correction is coming. Bank it.
Decades of voting for the lesser of two evils has gotten us just that.....
|
|
|
|
|
Joined: May 2011
Posts: 2,186
Campfire Regular
|
|
Campfire Regular
Joined: May 2011
Posts: 2,186 |
saying that a correction is coming is like saying California is going to be hit by a earthquake. Sure as sun rise, BUT when?
Laws aren't preventative measures. In other words, more laws won't prevent gun crime from happening.
|
|
|
|
|
Joined: Nov 2009
Posts: 6,870
Campfire Tracker
|
|
Campfire Tracker
Joined: Nov 2009
Posts: 6,870 |
|
|
|
|
|
Joined: Aug 2003
Posts: 6,411
Campfire Tracker
|
|
Campfire Tracker
Joined: Aug 2003
Posts: 6,411 |
saying that a correction is coming is like saying California is going to be hit by a earthquake. Sure as sun rise, BUT when? True But if you follow fundamentals, we are wasaaay overdue
Decades of voting for the lesser of two evils has gotten us just that.....
|
|
|
|
|
Joined: Dec 2008
Posts: 8,295
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Dec 2008
Posts: 8,295 |
I’m a firm believer in you can’t time the market. But a correction is coming. Bank it. I agree, this is a bull trap in a bear market that isn't finished yet.
"Life is tough, even tougher if your stupid"
John Wayne
|
|
|
|
|
Joined: Feb 2003
Posts: 10,361
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2003
Posts: 10,361 |
I’m a firm believer in you can’t time the market. But a correction is coming. Bank it. I agree, this is a bull trap in a bear market that isn't finished yet. Until 1994. I lost so often while trading stock, I thought doing the opposite of what ever I was doing would get an investor rich. I was holding stocks for an average of 5 months. Then I switched to holding MSFT for 5 years, I started making money instead of losing money. I have been in a major position in GOOG since 2004 and a major position in AMZN since 2012. Over 10 years AMZN has beat GOOG, AAPL, META, and MSFT....but getting nowhere over the last 3 years. I know day traders and future traders... that seems like racetrack betting to me.
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: Dec 2005
Posts: 3,167
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2005
Posts: 3,167 |
I’m a firm believer in you can’t time the market. But a correction is coming. Bank it. This is never not true, a meaningless prediction (correction coming). But “yes” nobody can time the market. But to the OP if you have time on your side continually purchase (dollar cost average) VTSAX and you’ll do just fine over the long haul. And mix in based on your risk tolerance some element of a bond fund and perhaps some real estate.
|
|
|
|
|
Joined: Oct 2010
Posts: 7,680
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2010
Posts: 7,680 |
This is never not true, a meaningless prediction (correction coming). But “yes” nobody can time the market. Almost no one makes predictions like that time bound, and those who do are almost always wrong. Michael Burry had/has a big following because he made a great prediction and a lot of money in the 2008 market. He has more or less been publicly predicting a crash since then, and while there hasn't been one of that scale his fund did have some pretty excellent returns last year by just being bearish, not crashish. I think a lot of the crash stuff is just people trying to one up the next guy. Clickbait type stuff.
|
|
|
|
|
Joined: Mar 2018
Posts: 2,229
Campfire Regular
|
|
Campfire Regular
Joined: Mar 2018
Posts: 2,229 |
Where you getting 4% ina checking account?
|
|
|
|
|
Joined: Dec 2002
Posts: 17,904
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2002
Posts: 17,904 |
I've said this for two years now: go long on the funerary industry.
"To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical." -- Thomas Jefferson
We are all Rhodesians now.
|
|
|
|
|
Joined: Jan 2001
Posts: 29,818
Campfire Ranger
|
|
Campfire Ranger
Joined: Jan 2001
Posts: 29,818 |
Again, oil. Noted on yesterday's news there were record profits last year. Anyone wonder why/how?
Last edited by 1minute; 02/01/23.
1Minute
|
|
|
|
|
Joined: Mar 2010
Posts: 24,117
Campfire Ranger
|
|
Campfire Ranger
Joined: Mar 2010
Posts: 24,117 |
Anyone watching the Fed?
markets trending down..... now recovering a bit. lol
Last edited by ribka; 02/01/23.
|
|
|
|
|
Joined: Oct 2017
Posts: 2,723
Campfire Regular
|
|
Campfire Regular
Joined: Oct 2017
Posts: 2,723 |
Always have been in oil and always will be. It's in my family. We have done well. Get it well. LOL
|
|
|
|
|
Joined: Jun 2003
Posts: 10,590
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2003
Posts: 10,590 |
This is never not true, a meaningless prediction (correction coming). But “yes” nobody can time the market. Almost no one makes predictions like that time bound, and those who do are almost always wrong. Michael Burry had/has a big following because he made a great prediction and a lot of money in the 2008 market. He has more or less been publicly predicting a crash since then, and while there hasn't been one of that scale his fund did have some pretty excellent returns last year by just being bearish, not crashish. I think a lot of the crash stuff is just people trying to one up the next guy. Clickbait type stuff. A lot of people predict 10 of the last 3 of them, so they're always right some of the time. Nobody really knows for sure. For every market transaction there is someone on the other side going the other way on it.
"Don't believe everything you see on the Internet" - Abraham Lincoln
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Not a bad month....
Riot Platforms Inc
6.86 USD
+3.49 (103.56%)past month
Canopy Growth Corp
3.08 USD
+0.77 (33.33%)past month
Fidelity® Contrafund® Fund Class K
13.01 USD
+0.92 (7.61%)past month
|
|
|
|
|
Joined: Jan 2001
Posts: 30,747
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Jan 2001
Posts: 30,747 |
this earlier
Starline 10 mm brass
$117 for 500 shipped
T R U M P W O N !
U L T R A M A G A !
|
|
|
|
|
Joined: Oct 2010
Posts: 7,680
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2010
Posts: 7,680 |
Riot Platforms Inc
6.86 USD
+3.49 (103.56%)past month Thanks Jim Cramer!
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell.
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell. When asked how he amassed so much wealth Baron Rothschild replied, “I always sold too soon “.
|
|
|
|
|
Joined: Aug 2005
Posts: 10,712
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Aug 2005
Posts: 10,712 |
Damn, sold my Costco & Amazon too soon.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell. When asked how he amassed so much wealth Baron Rothschild replied, “I always sold too soon “. Always comes down to greed or greedier...... 100k shares and made over $3. Not a bad 30 day haul.
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell. When asked how he amassed so much wealth Baron Rothschild replied, “I always sold too soon “. Always comes down to greed or greedier...... 100k shares and made over $3. Not a bad 30 day haul. It’s Not always about greed although many claim that the markets are driven solely by fear and greed. Rothschild also said that, “Many have lost everything trying to get that extra 1% while few have gone broke accepting 1% less”.
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell. When asked how he amassed so much wealth Baron Rothschild replied, “I always sold too soon “. Always comes down to greed or greedier...... 100k shares and made over $3. Not a bad 30 day haul. It’s Not always about greed although many claim that the markets are driven solely by fear and greed. Rothschild also said that, “Many have lost everything trying to get that extra 1% while few have gone broke accepting 1% less”. The Joos know....
|
|
|
|
|
Joined: Oct 2010
Posts: 7,680
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2010
Posts: 7,680 |
And lie. You can be confident that if a Rothschild says something a Gentile can hear, it is a lie.
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell. When asked how he amassed so much wealth Baron Rothschild replied, “I always sold too soon “. Always comes down to greed or greedier...... 100k shares and made over $3. Not a bad 30 day haul. It’s Not always about greed although many claim that the markets are driven solely by fear and greed. Rothschild also said that, “Many have lost everything trying to get that extra 1% while few have gone broke accepting 1% less”. The Joos know.... Yep. ETA: You’ve done a 3 bagger with RIOT. Well done!
Last edited by Houston_2; 02/02/23.
|
|
|
|
|
Joined: Sep 2018
Posts: 2,065
Campfire Regular
|
|
Campfire Regular
Joined: Sep 2018
Posts: 2,065 |
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Riot Platforms Inc
7.28 USD
+0.42 (6.20%)today
Doubled my $$ in a month. Time to sell. When asked how he amassed so much wealth Baron Rothschild replied, “I always sold too soon “. Always comes down to greed or greedier...... 100k shares and made over $3. Not a bad 30 day haul. It’s Not always about greed although many claim that the markets are driven solely by fear and greed. Rothschild also said that, “Many have lost everything trying to get that extra 1% while few have gone broke accepting 1% less”. The Joos know.... Yep. ETA: You’ve done a 3 bagger with RIOT. Well done! Thanks. Buddy of mine just texted me that he sold out also. He's happy too!
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Fidelity® Contrafund® Fund Class K should do well today.
Nasdaq Composite
INDEXNASDAQ: .IXIC
12,167.48
+351.17 (2.97%)today
|
|
|
|
|
Joined: Jul 2006
Posts: 4,796
Campfire Tracker
|
|
Campfire Tracker
Joined: Jul 2006
Posts: 4,796 |
Riot Platforms Inc
6.86 USD
+3.49 (103.56%)past month Thanks Jim Cramer! Based on the bragging going on, my 24 hour Campfire bottom ticking marketeers certainly don't need that clown's input! 
"Men must be governed by God or they will be ruled by tyrants". --- William Penn
|
|
|
|
|
Joined: Jun 2011
Posts: 10,811
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2011
Posts: 10,811 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. Unless your net worth is over 11 million dollars, there is no gift tax on any amount at this point Are you sure about this? Are you talking an inheritance or just a gift? Positive. Gift. Do it ASAP as the Biteme administration will be changing the rules to butfugg the people soon According to the IRS it’s $17,000 for 2023 to as many people as you want and same for your wife if filing jointly meaning you can give $34,000 to the same person, for example. I’d like to know more about what you’re talking about and if there is an approved way to give unlimited without tax implications. Check with your CPA or attorney Unless your net worth exceeds 11 million, there is no gift tax to the giver and no tax to the receiver. A basis is established for property value at the time of giving so that any capital gains can be calculated if the property is sold. I would think that applies if you’re gifting cash as well That’s the way it was in 2022 at least. I know first hand
The people wringing their hands over Trump's rhetoric don't know what time it is in America.
|
|
|
|
|
Joined: Dec 2005
Posts: 4,172
Campfire Tracker
|
|
Campfire Tracker
Joined: Dec 2005
Posts: 4,172 |
There is an annual exclusion, and a lifetime exemption. Reporting of the lifetime exemption is done on a 709.
Two different things, somewhat linked, as exceeding the annual exclusion requires reporting an update to the 709. It follows for a lifetime.
|
|
|
|
|
Joined: Oct 2021
Posts: 10,706
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,706 |
Google, Amazon, and Union Pacific.
And each parent can give each adult kid $17k each year without gift tax. Unless your net worth is over 11 million dollars, there is no gift tax on any amount at this point Are you sure about this? Are you talking an inheritance or just a gift? Positive. Gift. Do it ASAP as the Biteme administration will be changing the rules to butfugg the people soon According to the IRS it’s $17,000 for 2023 to as many people as you want and same for your wife if filing jointly meaning you can give $34,000 to the same person, for example. I’d like to know more about what you’re talking about and if there is an approved way to give unlimited without tax implications. Check with your CPA or attorney Unless your net worth exceeds 11 million, there is no gift tax to the giver and no tax to the receiver. A basis is established for property value at the time of giving so that any capital gains can be calculated if the property is sold. I would think that applies if you’re gifting cash as well That’s the way it was in 2022 at least. I know first hand Many thanks and I’ll run the traps on that with my CPA pretty soon. There surely have been anomalies and variations from stated regulations in the past like Baby Bush’s exemptions on Long Term Capital Gains back in 2008. That may still be in effect, not sure. Then there was Trump’s move on RMD’s a few years ago during the Covid pandemic that allowed folks to not take their RMD without penalty or if they did take it, they were allowed to put the total amount back into their retirement accounts before a certain date, again without penalty. Thanks again for your reply.
|
|
|
|
|
Joined: Dec 2022
Posts: 37,870
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Dec 2022
Posts: 37,870 |
Fidelity Contrafund
FCNKX:NASDAQ
Quote | Exchange | USD
Last | 02/02/23 EST
13.44
quote price arrow up+0.31 (+2.36%)
|
|
|
|
|
Joined: Dec 2019
Posts: 1,342
Campfire Regular
|
|
Campfire Regular
Joined: Dec 2019
Posts: 1,342 |
I'm investing in my kids - their houses. Cut out the mortgage guys. They pay me back monthly. If we don't need it in the meantime, it's their forced savings account when we croak. Wish I had bought Exxon/Mobil when Blackrock was driving them out of the oil business. That paid off splendidly for someone I know. You can bet on Reality long term and the dollar going down. That's all I know, with no idea how to exploit it. Real Estate is a cash cow - in the Tax Collector's barn. At least it's tangible in limited supply.
|
|
|
|
|
Joined: Dec 2013
Posts: 23,685
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
I'm investing in my kids - their houses. Cut out the mortgage guys. They pay me back monthly. If we don't need it in the meantime, it's their forced savings account when we croak. Wish I had bought Exxon/Mobil when Blackrock was driving them out of the oil business. That paid off splendidly for someone I know. You can bet on Reality long term and the dollar going down. That's all I know, with no idea how to exploit it. Real Estate is a cash cow - in the Tax Collector's barn. At least it's tangible in limited supply. Same here, if you have a piece of land You can always take a piss or plant a potato on it.
|
|
|
|
|
Joined: May 2004
Posts: 5,190
Campfire Tracker
|
|
Campfire Tracker
Joined: May 2004
Posts: 5,190 |
I bought Advanced Auto Parts today , does that count ? Only $3,000 though.
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
|
|
|
|
|
Joined: Dec 2019
Posts: 2,997
Campfire Regular
|
|
Campfire Regular
Joined: Dec 2019
Posts: 2,997 |
I'm investing in my kids - their houses. Cut out the mortgage guys. They pay me back monthly. If we don't need it in the meantime, it's their forced savings account when we croak. Wish I had bought Exxon/Mobil when Blackrock was driving them out of the oil business. That paid off splendidly for someone I know. You can bet on Reality long term and the dollar going down. That's all I know, with no idea how to exploit it. Real Estate is a cash cow - in the Tax Collector's barn. At least it's tangible in limited supply. I’ve never not done well on a real estate purchase. Some luck, I’m sure, that I’ve not bought at the peaks. I’d never want my kids owing me money. Seems like it would change the dynamic. I’d always want the kids to be free to tell me off. Not saying wouldn’t work for others, though.
|
|
|
|
|
601 members (222Sako, 160user, 10gaugeman, 1moredeer, 10gaugemag, 1beaver_shooter, 65 invisible),
2,444
guests, and
1,174
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
Forums81
Topics1,191,115
Posts18,464,467
Members73,925
| |
Most Online11,491
Jul 7th, 2023
|
|
|
|
