I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
The stock market historically performs. Investing should be age/goal/risk based. If you are approaching retirement your investments should not be in anything volatile so that if/when a crash/correction occurs you have time to recover from it.
People that didn't panic during the last crash are in good shape. My retirement account has doubled in 20 years from growth in the market.
That's the long and short of it, basically...in response to gamb's post....being set up to be self-sustaining is important and admirable, but even if you have a paid-in-full home, and your own food/utility sources, you still need money to live. Property taxes, medical expenses...the possibility of needing hospice care or whatever....even if you don't live an extravagent lifestyle, you'll probably still want to do some travelling. Once you lose your income by retiring, how are these expenses covered if not thru savings? Where do people put there savings if not in stocks, real estate, gold, or cash? Every one of those options carries a certain level of risk.
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
The stock market historically performs. Investing should be age/goal/risk based. If you are approaching retirement your investments should not be in anything volatile so that if/when a crash/correction occurs you have time to recover from it.
People that didn't panic during the last crash are in good shape. My retirement account has doubled in 20 years from growth in the market.
That's the long and short of it, basically...in response to gamb's post....being set up to be self-sustaining is important and admirable, but even if you have a paid-in-full home, and your own food/utility sources, you still need money to live. Property taxes, medical expenses...the possibility of needing hospice care or whatever....even if you don't live an extravagent lifestyle, you'll probably still want to do some travelling. Once you lose your income by retiring, how are these expenses covered if not thru savings? Where do people put there savings if not in stocks, real estate, gold, or cash? Every one of those options carries a certain level of risk.
Besides my 403B I have with my job I put $$ into my whole life insurance policy my & wife do the same which we will be able to use at retirement age .....
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
So the fools have extra $20k in bank. Have all tools they need. Cabinets stocked. Firewood stacked. What to do? Have thought about this a lot. Hate stocks Hate big business. Solutions?
Good post cal.Im not getting all this talk about rejoicing while others loose money.Come on Gambsy.Whatcha going to pay for college for SG with? Cucumbers and apples.Cmon man your not that malicious.
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
So the fools have extra $20k in bank. Have all tools they need. Cabinets stocked. Firewood stacked. What to do? Have thought about this a lot. Hate stocks Hate big business. Solutions?
Good post cal.Im not getting all this talk about rejoicing while others loose money.Come on Gambsy.Whatcha going to pay for college for SG with? Cucumbers and apples.Cmon man your note that malicious.
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
Little Gambsy probably isn't going to go to college, unless he has a very specific science-based career. It won't be affordable when he is old enough, and it isn't something we will push on him. I don't rejoice in people losing money, but I do have to chuckle when decisions made out of greed, not forethought and preparation, come back to bite people in the ass.
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
So the fools have extra $20k in bank. Have all tools they need. Cabinets stocked. Firewood stacked. What to do? Have thought about this a lot. Hate stocks Hate big business. Solutions?
Good post cal.Im not getting all this talk about rejoicing while others loose money.Come on Gambsy.Whatcha going to pay for college for SG with? Cucumbers and apples.Cmon man your note that malicious.
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
Little Gambsy probably isn't going to go to college, unless he has a very specific science-based career. It won't be affordable when he is old enough, and it isn't something we will push on him. I don't rejoice in people losing money, but I do have to chuckle when decisions made out of greed, not forethought and preparation, come back to bite people in the ass.
Ok,so with that way of thinking am I being a greedy pig because I want my wife to live safe and comfortable after I die? I try to think these things thru.I ask myself how do I maximize my investment dollars while limiting risk and out pacing inflation all while based on life expectancy and planning for the unknown.Everyone has advice on what works.Most are just as overwhelmed as the majority of us.We know enough,but really how to play the market? Not so much. I was told 1.2 million in investment principal while typically keep a person in a retirement income of about 100,000 a year.But how realistic is that for many folks? Espescially if your of retirement age and your portfolio is taking a hit.
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
So the fools have extra $20k in bank. Have all tools they need. Cabinets stocked. Firewood stacked. What to do? Have thought about this a lot. Hate stocks Hate big business. Solutions?
Good post cal.Im not getting all this talk about rejoicing while others loose money.Come on Gambsy.Whatcha going to pay for college for SG with? Cucumbers and apples.Cmon man your note that malicious.
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
Little Gambsy probably isn't going to go to college, unless he has a very specific science-based career. It won't be affordable when he is old enough, and it isn't something we will push on him. I don't rejoice in people losing money, but I do have to chuckle when decisions made out of greed, not forethought and preparation, come back to bite people in the ass.
Ok,so with that way of thinking am I being a greedy pig because I want my wife to live safe and comfortable after I die? I try to think these things thru.I ask myself how do I maximize my investment dollars while limiting risk and out pacing inflation all while based on life expectancy and planning for the unknown.Everyone has advice on what works.Most are just as overwhelmed as the majority of us.We know enough,but really how to play the market? Not so much. I was told 1.2 million in investment principal while typically keep a person in a retirement income of about 100,000 a year.But how realistic is that for many folks? Espescially if your of retirement age and your portfolio is taking a hit.
That is preparation and forethought. You aren't trying make as much fast money as you can right now, you are trying to find ways to save money up for the future. If that is your goal, the investments you make should be modest and dependable...hopefully you don't get swindled by a credit default swap scheme or the like, that's where the risk comes in. As you said, there are many ways to invest, the stock market is the worst IMO. People my age and younger will be wlucky to retire at all! Sustainability in lifestyle is more dependable than sustainability in funds. 100,000$/year in retirement is outrageous to me. That sounds like gold toilet territory to me lol
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
So the fools have extra $20k in bank. Have all tools they need. Cabinets stocked. Firewood stacked. What to do? Have thought about this a lot. Hate stocks Hate big business. Solutions?
Good post cal.Im not getting all this talk about rejoicing while others loose money.Come on Gambsy.Whatcha going to pay for college for SG with? Cucumbers and apples.Cmon man your note that malicious.
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
Little Gambsy probably isn't going to go to college, unless he has a very specific science-based career. It won't be affordable when he is old enough, and it isn't something we will push on him. I don't rejoice in people losing money, but I do have to chuckle when decisions made out of greed, not forethought and preparation, come back to bite people in the ass.
What if little Gambs wants to go into a non-science based career? These little ones have a way of growing up to have their own ideas about their lives.
my small self... like a book amongst the many on a shelf
I invest good compost into my soil. I invest in solid tools which won't wear out. I invest my time and energy in growing and learning. Most everything else is liable to make you a fool. The stock market is a gambling venture, not an investment.
If we have another REAL crash, I will sit back on my fruits and vegetables and laugh at all the fools whose empty pockets leave them bereft.
So the fools have extra $20k in bank. Have all tools they need. Cabinets stocked. Firewood stacked. What to do? Have thought about this a lot. Hate stocks Hate big business. Solutions?
Good post cal.Im not getting all this talk about rejoicing while others loose money.Come on Gambsy.Whatcha going to pay for college for SG with? Cucumbers and apples.Cmon man your note that malicious.
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
Little Gambsy probably isn't going to go to college, unless he has a very specific science-based career. It won't be affordable when he is old enough, and it isn't something we will push on him. I don't rejoice in people losing money, but I do have to chuckle when decisions made out of greed, not forethought and preparation, come back to bite people in the ass.
What if little Gambs wants to go into a non-science based career? These little ones have a way of growing up to have their own ideas about their lives.
I wouldn't stop him, but I won't be encouraging him to go after a 4 year degree, that's for sure! If he grows up to be a finance guy I have failed as a parent lol.
Comments
Real estate,Bonds,low risk diversified funds.Lots of ways to bypass the volatility of pure stock investing.
It won't be affordable when he is old enough, and it isn't something we will push on him.
I don't rejoice in people losing money, but I do have to chuckle when decisions made out of greed, not forethought and preparation, come back to bite people in the ass.
I try to think these things thru.I ask myself how do I maximize my investment dollars while limiting risk and out pacing inflation all while based on life expectancy and planning for the unknown.Everyone has advice on what works.Most are just as overwhelmed as the majority of us.We know enough,but really how to play the market? Not so much.
I was told 1.2 million in investment principal while typically keep a person in a retirement income of about 100,000 a year.But how realistic is that for many folks? Espescially if your of retirement age and your portfolio is taking a hit.
If that is your goal, the investments you make should be modest and dependable...hopefully you don't get swindled by a credit default swap scheme or the like, that's where the risk comes in.
As you said, there are many ways to invest, the stock market is the worst IMO.
People my age and younger will be wlucky to retire at all!
Sustainability in lifestyle is more dependable than sustainability in funds.
100,000$/year in retirement is outrageous to me. That sounds like gold toilet territory to me lol
We shall see tomorrow...
1995 San Francisco
San Jose
San Diego 2 shows
2003 Missoula
2005 Missoula
2006 Denver 2 shows with Tom Petty
Gorge 2 shows
2009 Utah
LA1
LA2
2012 Missoula : Meet and Greet : "Instant Classic show"
2013 Portland
Spokane
2018 Missoula
Godfather.
glad to see i made back, some of the 12g i lost so far
1995 San Francisco
San Jose
San Diego 2 shows
2003 Missoula
2005 Missoula
2006 Denver 2 shows with Tom Petty
Gorge 2 shows
2009 Utah
LA1
LA2
2012 Missoula : Meet and Greet : "Instant Classic show"
2013 Portland
Spokane
2018 Missoula
Gotta suck being day trader.
1995 San Francisco
San Jose
San Diego 2 shows
2003 Missoula
2005 Missoula
2006 Denver 2 shows with Tom Petty
Gorge 2 shows
2009 Utah
LA1
LA2
2012 Missoula : Meet and Greet : "Instant Classic show"
2013 Portland
Spokane
2018 Missoula
Godfather.
Godfather.
If he grows up to be a finance guy I have failed as a parent lol.
(sorry, I'm a cat lover
This week turned out mostly up for my husband overall, but looks like others got hit hard.
Fingers crossed no rollercoasters next week.
Oh, and did you see the two stocks George Soros invested in hugely, once it was divulged he did that? Holy share increases!