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Joined: Feb 2002
Posts: 32,044
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2002
Posts: 32,044 |
You didn't make me angry, i just wouldn't support Costco. Didn't know if you knew about their anti-Gun Agenda .
A Doe walks out of the woods today and says, that is the last time I'm going to do that for Two Bucks.
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Joined: Nov 2008
Posts: 3,465
Campfire Tracker
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Campfire Tracker
Joined: Nov 2008
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Joined: Oct 2005
Posts: 79,321
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 |
The stock market is good until it ain't.
It goes from "good" to "ain't" overnight.
You'll go to sleep good,..and wake up ain't.
It's obnoxiously overheated at present,...and it's all false.
The only thing keeping it rising is the series of huge sums of cash dumped into the system by the Federal Reserve.
It'll all take a mega dump in the near future and the much anticipated decoupling will occur.
That's when the rush toward PM's will occur.
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Joined: Mar 2003
Posts: 8,423
Campfire Kahuna Emeritus & Campfire Outfitter
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Campfire Kahuna Emeritus & Campfire Outfitter
Joined: Mar 2003
Posts: 8,423 |
You didn't make me angry, i just wouldn't support Costco. Didn't know if you knew about their anti-Gun Agenda . Yep, I study the market for several hours each and every day. And I am aware that the Costco CEO or whatever is an Obumma fan. And he is a dick. I also know that most of "the folks," the employees at Costco are gun-friendly, at least here in Oregon. I often spend an extra half-hour when Karen and I are in Costco ... the guys and gals want to talk guns, hunting and such with the "gun writer." That would be me. Frankly, I've always been in the market to make money. Period ... no agendas, just make as many bucks as possible while keeping risk to a tolerable level. And the more I can make, the more we can donate to the Steve and Karen Education Endowment. Blessings, Steve
"God Loves Each Of Us As If There Were Only One Of Us"
Saint Augustine of Hippo - AD 397
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Joined: Nov 2011
Posts: 30,960
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,960 |
Get a good advisor. Ignore mutual funds. They under performed for me. The advisor we've had for the last 4 years has reliably increased the value of our portfolio by carefully selecting stocks that are undervalued and pay dividends. Our portfolio out performs the markets. I often wonder what the portfolio would look like if I'd had him since I started investing, rather than all those wasted years in mutual funds. He only has $500.00, the advising fee would eat him alive, and no reputable advisor would accept a $500.00 account on a fee basis.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Apr 2010
Posts: 20,683
Campfire Ranger
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Campfire Ranger
Joined: Apr 2010
Posts: 20,683 |
don't know what vehicle to tell you to invest in Calvin, but one of the things we're looking at for long term growth for our kids, is water stocks.
Long term.
but I do want to say, I'm proud of you for being a good dad and looking out for your daughter while time is on her side.
Kudos to you man, raising children is truly a gift from God, hope you enjoy every blessed second of it.
I'm pretty certain when we sing our anthem and mention the land of the free, the original intent didn't mean cell phones, food stamps and birth control.
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Joined: Nov 2011
Posts: 30,960
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,960 |
What's a whole-life insurance policy run on a newborn these days? I'd be looking in that direction, based on what you've said. Whole life is good at making money for the salesman, not so good when it comes to making money for the client. On average it's second only to Annuities as the highest fee financial product you can buy. Any advisor who would sell you a whole life policy for an infant is a crook, and not worthy of your business.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Apr 2010
Posts: 20,683
Campfire Ranger
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Campfire Ranger
Joined: Apr 2010
Posts: 20,683 |
agreed, only reason I'd carry TERM life insurance on a kid is if I couldn't afford burial expenses (God forbid)
but I've never been in that situation and doubt Calvin is either.
he seems to be a pretty solid citizen.
insurance is a good investment for the guys selling it ime
I'm pretty certain when we sing our anthem and mention the land of the free, the original intent didn't mean cell phones, food stamps and birth control.
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Joined: Apr 2009
Posts: 33,971
Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2009
Posts: 33,971 |
Hey Steve! Hope all is well. Frankly, I wished you had not deleted what you posted and would like to hear more about the kind of picks you made to enable retirement at 49. :-). To a great degree I'm with you. Past 6 years I've just been watching full parking lots for companies like Cracker Barrel, CVS, Costco and others and all of those listings have more than doubled for me. I could give a damm whether gun friendly or not. And btw what defines gun friendly? I got my safe from Costco. And Calvin, I totally agree with Randy on your decision to invest in your baby girls future versus blowing the gift on junk. You're a good dad and man.
Proud to be a true Sandlapper!!
Go Nats!!!!
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Joined: Jul 2006
Posts: 62,043
Campfire Kahuna
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Campfire Kahuna
Joined: Jul 2006
Posts: 62,043 |
Calvin...congrats on the newest family member.
500 dollars worth of kitchen and bathroom cleaners and some propane will gross you about 10K street value.
Last edited by RISJR; 05/04/13.
The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward
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Joined: Nov 2011
Posts: 30,960
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,960 |
agreed, only reason I'd carry TERM life insurance on a kid is if I couldn't afford burial expenses (God forbid)
insurance is a good investment for the guys selling it ime Yep, you are dead on.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Sep 2003
Posts: 23,409
Campfire Ranger
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OP
Campfire Ranger
Joined: Sep 2003
Posts: 23,409 |
Costco is to anti gun for me to ever invest in them and support their take your guns agenda. I don't need money that bad. No problem. A guy's gotta do what a guy's gotta do. The question was where to put the money for safety and relatively decent return on your investment. If you add anti-gun/pro-gun into that mixture, it is likely that the $500 will sit in the gun safe. Happy landings with that  I wrote more very good stocks just now but deleted it. Prolly wouldn't make the grade. I apologize for making you angry. Blessings, Steve Thanks for the advice Steve. I caught Costco, and will look into that. I'm not afraid to pick stocks. I'm sure the "experts" want me to buy the funds they manage, and make a fortune on, but I happen to be able to think for myself. (grin) And dang it, if I'm going to lose money, it'll be because I lose it. (grin) Baby Ada's investments are insured by Daddy.
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Joined: Nov 2011
Posts: 30,960
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,960 |
Here's the problem with gold: ![[Linked Image]](http://img.photobucket.com/albums/v393/youricarma/Miscellaneous/GoldandSilverPrices-100YearHistoricakChart-Nov2-2012-001.jpg) From time to time you will get a nice spike in the price of gold, but once the panic subsides, the prices slide back to pre-panic levels. Yoy may also notice the similartiy in the current pattern of gold prices, and the Carter erra.....Gold may lead on the way up, but Silver leads on the way down, and silver prices have already broke, so neither would be high on my list for a new born at this time.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Jun 2004
Posts: 16,740
Campfire Ranger
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Campfire Ranger
Joined: Jun 2004
Posts: 16,740 |
That was a buy at 42. I did..(grin) If you're a Ruger stock holder you should thank me
A government is the most dangerous threat to man�s rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.
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Joined: Nov 2011
Posts: 30,960
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,960 |
At some point all this mania will break, and both Gold and RGR will be good short sales.....
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Jul 2006
Posts: 62,043
Campfire Kahuna
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Campfire Kahuna
Joined: Jul 2006
Posts: 62,043 |
Look into the pharmaceuticals.
The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward
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Joined: Apr 2009
Posts: 33,971
Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2009
Posts: 33,971 |
Look into the pharmaceuticals. Yup. Big time. Especially, cutting edge companies that put up to 30% back into R&D and have progressive intellectual property filings. Also, tech companies with the joint solutions to the upcoming nasty stuff that will give corporate America a ton of pain. Especially, financial institutions. We see a huge ddos attack coming on or about May 7. Tech companies with instant cloud remediation will jump in Q3.
Last edited by byc; 05/04/13.
Proud to be a true Sandlapper!!
Go Nats!!!!
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Joined: Dec 2003
Posts: 86,186
Campfire Oracle
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Campfire Oracle
Joined: Dec 2003
Posts: 86,186 |
No investment advice, but I wanted to congratulate you and your wife. That's great news!
If you take the time it takes, it takes less time.
--Pat Parelli
American by birth; Alaskan by choice.
--ironbender
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Joined: Apr 2010
Posts: 20,683
Campfire Ranger
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Campfire Ranger
Joined: Apr 2010
Posts: 20,683 |
Calvin...congrats on the newest family member.
500 dollars worth of kitchen and bathroom cleaners and some propane will gross you about 10K street value. you crack me up sometimes ya big jabroni!  "hey baby, daddy's gonna buy you a meth lab" you oughta have your azz whupped, Karen busy?
I'm pretty certain when we sing our anthem and mention the land of the free, the original intent didn't mean cell phones, food stamps and birth control.
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Joined: Apr 2009
Posts: 33,971
Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2009
Posts: 33,971 |
I'm on my way over there Randy. I got this. :-)
Proud to be a true Sandlapper!!
Go Nats!!!!
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