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Maybe America really is a stupid country full of absolute fools after all, kinda hard to say that.
I’ve accepted election but I just don’t get why people vote for higher taxes and energy costs, among other disastrous policies.
Because people are stupid and yes the country is full of them. After 9 years on the left coast I'm pretty much done... and ready to go back east. Oregon legalized hard drugs and Washington will surely be next.
My lease is up in the spring... and I'll be cashing out before then.
Originally Posted by Yelling_at_Birds I've been toying with the idea of getting crypto currency but have yet to pull the trigger. Anyone got any pointers?
Because people are stupid and yes the country is full of them. After 9 years on the left coast I'm pretty much done... and ready to go back east. Oregon legalized hard drugs and Washington will surely be next.
My lease is up in the spring... and I'll be cashing out before then.
It's too late - they are infesting the east coast like parasites.
Go ahead and cash in your pennies, as long as they are the new "copper coated zinc" cents. If you have the older solid copper cents, you might want to hoard those.
Next thing is "what to buy."
Don't buy gold, but DO buy it's sister element: LEAD.
Lead and copper.
Oh yeah, primers and powder too.
With this combination, you can get virtually EVERYTHING/ANYTHING.
Just a few short years ago, this would have been ridiculous. Now-a-days, I'm not so sure...
You should buy gold (or even better, silver) not because of the "socialists" coming to steal your wealth, but because of peak oil and the coming energy cliff which will destroy the real value of paper assets such as stocks, bonds, real estate, and fiat currency.
Let's see how much crazy we can fit into one thread
Because people are stupid and yes the country is full of them. After 9 years on the left coast I'm pretty much done... and ready to go back east. Oregon legalized hard drugs and Washington will surely be next.
My lease is up in the spring... and I'll be cashing out before then.
West Virginia is a very conservative state with like-minded people back east.
I own APPL, IAU, VBR, VOOG, VTI, XLF, VGSH, in one of my accounts, and it’s up $65K this week.
I'm not going to get too specific but my brother called the double bottom in March....after that, and some of this is due to buying dips hard, he was up 136% across his high risk account set in roughly three months and not quite 35% overall. I've watched him turn a little bit of borrowed capital into some really serious money over the last couple of decades by being what many would consider foolishly aggressive and undiversified.
A problem is this last double bottom was pretty easy to spot for technical types most are not so easy.
Bro. says the biggest mistake people make is taking money out of active markets too early. Runs tend to outlast conventional wisdom significantly. Another point he makes over and over and has proved out is that it is better to take an occasional bloody nose by being in the markets more than trying to play footsie several times during ones investing life.
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Personally, I'm ultra-overweight APPL per-general advise as a very long term accumulator. I've been lucky enough to make some decent money in a few different arenas over the years. Falling in love with APPL early was be best mistake of my life. I've had advisor after advisor tell me to cut my APPL exposure by 50%, 66%, 80%, one guy begged me to dump it all in 2011.....being hard headed has payed off.
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I'll take an unbalance portfolio land over gold and silver every time.
You must bake a LOT of bread and have a HUGE kitchen!
Wife bakes. I don't. I don't like to measure (even though I have 2 engineering degrees).
Kitchen is smallish.
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