Liberal Forum

Mrkelly » 31 Aug 2024, 10:06 am » wrote: ↑

31 Aug 2024, 10:06 am

If I invested in stocks (as I have said before)

Lockheed Martin … Raytheon  … Boeing … Northrop Grumman 

can’t miss

I'll  bet you love the Sandbox Wars fought for IZRAHELL!
@Mrkkelly
 

Beakman » 31 Aug 2024, 5:10 pm » wrote: ↑

31 Aug 2024, 5:10 pm

I'll  bet you love the Sandbox Wars fought for IZRAHELL!
@Mrkkelly

I have never seen you make less sense

and that is saying a LOT   
 

Vegas » 31 Aug 2024, 10:53 am » wrote: ↑

31 Aug 2024, 10:53 am

Yes, but you have to agree that being rich, sane, and healthy is much better than being poor, sane, and healthy.

I think I'm in the middle. I have been fortunate (and disciplined) enough to be comfortable.
That living check-to-check **** ended long ago. Saving/investing pays off.
That helps with the sanity part quite a bit.  

LowIQTrash » 31 Aug 2024, 7:50 am » wrote: ↑

31 Aug 2024, 7:50 am

“Money is bad, unless you have it.”

An addendum…

”Nobody is going to tell you the secret to ‘getting rich.’ Most definitely not someone charging you a subscription fee.”

Some people pore over numbers with an interest I do not have.
I'm not good at it and have proven it to myself at a price.  

Newsletters were all the rage for a while. Do people still buy into that ****? I don't.

DeezerShoove » 31 Aug 2024, 6:47 pm » wrote: ↑

31 Aug 2024, 6:47 pm

Some people pore over numbers with an interest I do not have.
I'm not good at it and have proven it to myself at a price.  

Newsletters were all the rage for a while. Do people still buy into that ****? I don't.

The gain porn (+200%, +500%) is what keeps me excited. Even if the next trade is -40% and erases all if not more of the previous trade's gains.   

Vegas » 30 Aug 2024, 9:06 am » wrote: ↑

30 Aug 2024, 9:06 am

I read a lot of how so called 'expert investors' invest. I monitor their stock suggestions. I have followed their advice, because they are supposed to be experts.  Of all the stocks that I invested from their advice, the total amount of positive returns has been $0.00. Their stocks are ****. Why do they incessantly recommend companies that don't profit? **** these guys. 

I do well in crypto. However, I like to dip into the public companies as well. 

If you know of any good stocks that are worth a ****, please let me know. Not so much the S & P. The little guys are worth monitoring also.

I hear good things about Apple and Microsoft.
 

DeezerShoove » 31 Aug 2024, 7:21 am » wrote: ↑

31 Aug 2024, 7:21 am

I don't have the patience or the basic interest to stay current. The sea of choices has a high flier that I'll only see after it's flown. My price for being this way is paying a financial advisor to get me solvent. It's working.
Will I be a rich, enviable ****? Nope. That's life.

Comfortable? For now. Sanity and health are more important than anything else.

What I have in common with that fella warren buffet are indoor plumbing, an insect-and-vermin-free (if you don't count pets as vermin) place to lay my head at night, and three-hots-and-a-cot. 

I can travel from time to time - off-season and on a budget, to be sure; - and I have a good bit of leisure. 

All of this I have - and what I genuinely wonder, no foolin', is what else do I need? 

I sorted out at the age of thirty, after being diagnosed with walking pneumonia and being told I needed to quit one of my three jobs (two of which were full time 40 hour jobs, and one of which was about 24 hours per week). I caught myself buying into a tautology that was worse for my health than it was good for my pocket. I realized that what you want dictates what you must do to have it, and I CHOSE - powerfully - to want less.

Now, I have bought homes and I have owned new cars and I have travelled to 15 foreign countries, many of them several times and one of them more times than I can count. But I have always been happy to live on less than many of my neighbors, who chose high payments over what THEY likely saw as low standing. I have always let the Joneses look down their noses if it pleased them. It has never bothered me if they did so; indeed, if they have done so, I have not even noticed. I just dropped out of the race and ran my own course, which reflected MY values. 

I played the market BRIEFLY, and I broke even after a little over a year, and I got out. 
 
 

LowIQTrash » 31 Aug 2024, 7:50 am » wrote: ↑

31 Aug 2024, 7:50 am

“Money is bad, unless you have it.”

An addendum…

”Nobody is going to tell you the secret to ‘getting rich.’ Most definitely not someone charging you a subscription fee.”

I wish Trump would share HIS ideas - maybe start some kind of school for investors or something. 

I bet HIS students would ALL get FILTHY rich. 
 

Vegas » 31 Aug 2024, 10:51 am » wrote: ↑

31 Aug 2024, 10:51 am

Wasn't that Game Stop gig orchestrated by numerous of people who deliberately pushed the stock up?

Yes, in defiance of a group of elites who attacked the stock to push it down, after shorting the stock. 

It was revenge of the nerds writ large, and the bullies ate **** pie. 

Vegas » 31 Aug 2024, 10:53 am » wrote: ↑

31 Aug 2024, 10:53 am

Yes, but you have to agree that being rich, sane, and healthy is much better than being poor, sane, and healthy.

Does he?

Mustn't he first quantify the LIKELIHOOD of each?

Have you ever considered what are the odds are of being the one, versus the odds of being the other?

For just one example, the former has to look over his shoulder and protect his pile; the latter is as free as a sparrow in the field, Who has the better chance of living a peaceful and sane existence?

Now, if you cast the poor fellow in your query as suffering from want and privations, then you might present a real dilemma. But in my view, what you present instead is a false choice. The fellow with less has more.

More freedom of movement, more ease, more leisure, more anonymity, more insouciance.

Of course, again, there are limits. I am not talking about people who live in trailer parks and have broken-down cars. Theirs is not an insouciant life. Theirs is a life marred by care and want and indignity. But in most matters, the middle ground is the safest and easiest to hold; and in most matters, life on the margin gets tricky. 

 
 

ROG62 » 31 Aug 2024, 4:47 pm » wrote: ↑

31 Aug 2024, 4:47 pm

money means nothing without it...

That is a BINGO!

Is that how you say it - that's a bingo?

https://en.wikipedia.org/wiki/John_du_Pont
 

Beakman » 31 Aug 2024, 5:10 pm » wrote: ↑

31 Aug 2024, 5:10 pm

I'll  bet you love the Sandbox Wars fought for IZRAHELL!
@Mrkkelly
 

 

He's running his neocon ****, day after day. It's just awful. 

Mrkelly » 31 Aug 2024, 5:18 pm » wrote: ↑

31 Aug 2024, 5:18 pm

I have never seen you make less sense

and that is saying a LOT 

If you think he's good at nuance, you should see him in the sack.   
 

Cannonpointer » 31 Aug 2024, 8:40 pm » wrote: ↑

31 Aug 2024, 8:40 pm

I wish Trump would share HIS ideas - maybe start some kind of school for investors or something. 

I bet HIS students would ALL get FILTHY rich.

I know that's sarcasm but the reality is the conjob retards think he is some kind of business genius when he's not.

Trump would've been financially better off if he just put his inheritance into the SP 500.

Would've returned much more than his Trump Resorts, Trump Steaks, Trump University, etc. BS

The guy who started Patagonia might be one of the few legitimate rags-to-riches stories. The price was living out of his car for 2 years selling "environmentally conscious" T shirts...most people would "go insane" as @Deezer Shoove might say - even contemplating such a routine. But he did it and AFAIK he gave most of it away and lives a normal middle class life without the wage slavery. 
 
 

LowIQTrash » 31 Aug 2024, 9:01 pm » wrote: ↑

31 Aug 2024, 9:01 pm

I know that's sarcasm but the reality is the conjob retards think he is some kind of business genius when he's not.

Trump would've been financially better off if he just put his inheritance into the SP 500.

Would've returned much more than his Trump Resorts, Trump Steaks, Trump University, etc. BS

The guy who started Patagonia might be one of the few legitimate rags-to-riches stories. The price was living out of his car for 2 years selling "environmentally conscious" T shirts...most people would "go insane" as @Deezer Shoove might say - even contemplating such a routine.

I have absolutely no knowledge of Trump's worth, the value of his inheritance, or the accuracy of your statement. But I DO know, for a fact, that by MY standard. and in my opinion the standard of any decent, non-sociopathic human being, Trump is a very, very **** businessman. 

A good businessman makes his partners money. He's the train ya wanna ride - the horse ya wanna bet on. Trump busts his partners out. He might be a good CON man. But he is not a good BUSINESS man. A good businessman focuses on his areas of expertise. Trump spends his life in court rooms. And this is not to reference the sham trials - I'm talking about his history of business disputes and bankruptcies and earned trouble with regulators - like when they shut down his **** university. I STILL want back the part of my life spent reading Art of the Deal. 
 
To this very day, notwithstanding his status as an ex-POTUS, the Nevada Gaming Commission refuses to give his Vegas property a gaming license, due to his utterly shabby behavior in Atlantic City. He took a massive **** on that town that it took decades to get over.
 

Cannonpointer » 31 Aug 2024, 8:35 pm » wrote: ↑

31 Aug 2024, 8:35 pm

What I have in common with that fella warren buffet are indoor plumbing, an insect-and-vermin-free (if you don't count pets as vermin) place to lay my head at night, and three-hots-and-a-cot. 

I can travel from time to time - off-season and on a budget, to be sure; - and I have a good bit of leisure. 

All of this I have - and what I genuinely wonder, no foolin', is what else do I need? 

I sorted out at the age of thirty, after being diagnosed with walking pneumonia and being told I needed to quit one of my three jobs (two of which were full time 40 hour jobs, and one of which was about 24 hours per week). I caught myself buying into a tautology that was worse for my health than it was good for my pocket. I realized that what you want dictates what you must do to have it, and I CHOSE - powerfully - to want less.

Now, I have bought homes and I have owned new cars and I have travelled to 15 foreign countries, many of them several times and one of them more times than I can count. But I have always been happy to live on less than many of my neighbors, who chose high payments over what THEY likely saw as low standing. I have always let the Joneses look down their noses if it pleased them. It has never bothered me if they did so; indeed, if they have done so, I have not even noticed. I just dropped out of the race and ran my own course, which reflected MY values. 

I played the market BRIEFLY, and I broke even after a little over a year, and I got out.

What if...someONE...is a greedy **** and wants your level of autonomy COMBINED with 8 figures NW? 

   
 

Cannonpointer » 31 Aug 2024, 8:35 pm » wrote: ↑

31 Aug 2024, 8:35 pm

What I have in common with that fella warren buffet are indoor plumbing, an insect-and-vermin-free (if you don't count pets as vermin) place to lay my head at night, and three-hots-and-a-cot. 

I can travel from time to time - off-season and on a budget, to be sure; - and I have a good bit of leisure. 

All of this I have - and what I genuinely wonder, no foolin', is what else do I need? 

I sorted out at the age of thirty, after being diagnosed with walking pneumonia and being told I needed to quit one of my three jobs (two of which were full time 40 hour jobs, and one of which was about 24 hours per week). I caught myself buying into a tautology that was worse for my health than it was good for my pocket. I realized that what you want dictates what you must do to have it, and I CHOSE - powerfully - to want less.

Now, I have bought homes and I have owned new cars and I have travelled to 15 foreign countries, many of them several times and one of them more times than I can count. But I have always been happy to live on less than many of my neighbors, who chose high payments over what THEY likely saw as low standing. I have always let the Joneses look down their noses if it pleased them. It has never bothered me if they did so; indeed, if they have done so, I have not even noticed. I just dropped out of the race and ran my own course, which reflected MY values. 

I played the market BRIEFLY, and I broke even after a little over a year, and I got out.

I ended up at the "break even" level. Also said "**** that" to the boring yet nerve-wracking crap.
That took about 18 months (hopefully you read "The Art of the Deal" with less time wasted.   

I get a shiny new pick up once in a while because I hate breakdowns and rattles.
That's my biggest treat to myself. I hate being in debt of any kind.

Like you - what else do I need? I'm good.

ps
One of the wisest things ever said in a movie came from Al Czervik in Caddyshack:
To paraphrase - "I could keep working and have a $60 million funeral."

LowIQTrash » 31 Aug 2024, 9:23 pm » wrote: ↑

31 Aug 2024, 9:23 pm

What if...someONE...is a greedy **** and wants your level of autonomy COMBINED with 8 figures NW? 

 

They will find themselves forever on one or the other margin. And they will never be happy, so long as they have that mindset. That is my opinion in the matter.

I worked for a fellow some 30 years back, and he was one hard working son of a bitch. He was not nearly as smart as I am. But he more than compensated by how diligent he was, whereas I was more of a flighty fellow - insouciant. Dabble here, raise rabble there - to one thing constant never.

Anyway, he shared his goal with me. He wanted to have a million dollars worth of equity in commercial property, and then he would retire and live the good life. I decided to make it my mission to help him realize his dream, as he had always been square with me, and I loved him as a brother. And I did. And all the things that he had told me he wanted to do - WOULD do - once he had reached his goal? He put them all on hold, because he set a new goal. A million was not enough. I asked him what WOULD be enough, and his face was pained when he told me, "I don't know."

Several years back, I sat with him. We met up in Mexico, down in Baja. And I went over with him what he had told me, and I asked him what was his new goal. And he sat there - we were drinking and playing with magic powders, but only as tourists and not as degenerates or anything - and he got it. He literally got it. And he made a radical change. He chose to be content. He was not at a level to excite envy or invite robbery. He was just living a nice, upper middle class existence, taking in perhaps 200k per year. And he just stopped being acquisitive.

Whereas he had been doing all of his own work on his properties, jealous of any penny he might have to pay a tradesman, he made the decision to never step on another ladder and never tar another roof and never lift another paint brush or frame-out another interior to suit a new tenant. He chose to pay others for that work. He chose to be content. 

When I was down in Brazil in early Summer, I invited him to come on down and spend a few weeks with me. He came for ten days, and we relaxed and drank a few beers and saw some sights. I have never seen him so light on his feet, so **** carefree. I was delighted for him. I AM delighted for him. I still smile each time I think of him - each time I picture him at last at home with himself and happy with his lot. 

The same advice that I gave to him, I would give to you. The middle ground is the easiest to hold, and is marked by the least care. Poverty and immense wealth are flip sides of the same coin. One has plusher pillows than the other, but both are hard roads,
 
 
 

Vegas » 31 Aug 2024, 10:55 am » wrote: ↑

31 Aug 2024, 10:55 am

@Majik  why the hell do you give this guy greenies for anything?

He makes valid points with total honesty .......There is a theme and it's not my job to help you translate it ....into something that you can only
understand ....
Only you can do that....

 

LowIQTrash » 31 Aug 2024, 8:21 pm » wrote: ↑

31 Aug 2024, 8:21 pm

The gain porn (+200%, +500%) is what keeps me excited. Even if the next trade is -40% and erases all if not more of the previous trade's gains. 

I had one stock that taught me a HUGE lesson.

I lost pretty much all of my savings on some "advice".
The stock eventually had dropped to a penny stock in a very short time frame.
I figured "oh **** it" and dropped the last of my account's balance on the **** stock. Way unwise thing to do.

Unbelievably it bounced back to almost exactly where my books balanced out. The next week I sold it all and called it a lesson learned. I lucked out big time.

That company was nonexistent in about 2 months. I was almost $100 to the good. whew...