Forum Replies Created
-
AuthorPosts
-
DaCounselor
ParticipantWhen you look at all of your interests/goals, it seems pretty clear that the one goal that may be standing in the way of everything else is the goal to pay off your house in 9 more years. If you let that go, you can cut your hours at work substantially, enjoy more family time, focus on your health and have plenty of disposable income to enjoy life. Sounds like a pretty good trade to me. Then it’s just a matter of a re-fi or a sale, depending upon whether it is more important to you to lock in your gains or to have continuity and stay in the house.
ParticipantWhen you look at all of your interests/goals, it seems pretty clear that the one goal that may be standing in the way of everything else is the goal to pay off your house in 9 more years. If you let that go, you can cut your hours at work substantially, enjoy more family time, focus on your health and have plenty of disposable income to enjoy life. Sounds like a pretty good trade to me. Then it’s just a matter of a re-fi or a sale, depending upon whether it is more important to you to lock in your gains or to have continuity and stay in the house.
ParticipantWhen you look at all of your interests/goals, it seems pretty clear that the one goal that may be standing in the way of everything else is the goal to pay off your house in 9 more years. If you let that go, you can cut your hours at work substantially, enjoy more family time, focus on your health and have plenty of disposable income to enjoy life. Sounds like a pretty good trade to me. Then it’s just a matter of a re-fi or a sale, depending upon whether it is more important to you to lock in your gains or to have continuity and stay in the house.
ParticipantPrice recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….
ParticipantPrice recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….
ParticipantPrice recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….
ParticipantPrice recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….
ParticipantPrice recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….
Participant“I think it very possible oil could go lower.
However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________Yup.
I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.
And yes, gold sure does look tempting in the $700 oz range, doesn’t it?
Participant“I think it very possible oil could go lower.
However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________Yup.
I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.
And yes, gold sure does look tempting in the $700 oz range, doesn’t it?
Participant“I think it very possible oil could go lower.
However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________Yup.
I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.
And yes, gold sure does look tempting in the $700 oz range, doesn’t it?
Participant“I think it very possible oil could go lower.
However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________Yup.
I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.
And yes, gold sure does look tempting in the $700 oz range, doesn’t it?
Participant“I think it very possible oil could go lower.
However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________Yup.
I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.
And yes, gold sure does look tempting in the $700 oz range, doesn’t it?
ParticipantGood point from scaredycat. On a similar note, I for one would much rather be the guy (actually, I am the guy) in the house that he can afford as opposed to the guy next door who is sweating his payments and badly needs a so-called “bailout”. It’s not even a close call as to who I would rather be.
And what is better for me, I ask? Is is better to have my neighbor and his family stay in the home pursuant to a mod, or would I rather he go into foreclosure with the house ultimately sitting empty and waiting to become an REO fire sale comp-killer. Again, not really a close call as to which is better for me.
To echo scaredycat – life ain’t fair, and complaining about life not being fair ain’t going to make it fair, and there you have it.
-
AuthorPosts
