[(former)FormerSanDiegan]

[quote=jstoesz]Here is a life lesson for future encounters, good lesson for kids too. If you are accused of being an ass (I called you that), play the victim. Sticking to your guys and continuing to claim your sh*t doesn’t stink (excuse the expression) makes you look like a bigger ass. In the future, apologize quickly and sincerely and turn to tables on the person who is name calling (that’s me). You will be amazed at how quickly the accuser’s (me again) tone will change and how quickly they will find the virtue of silence.[/quote]

A name-caller responding to the alleged ass by suggesting that they are a bigger ass by not apologizing quickly and sincerely to the name caller makes the name caller look like an ass.

[(former)FormerSanDiegan]

[quote=jstoesz]Here is a life lesson for future encounters, good lesson for kids too. If you are accused of being an ass (I called you that), play the victim. Sticking to your guys and continuing to claim your sh*t doesn’t stink (excuse the expression) makes you look like a bigger ass. In the future, apologize quickly and sincerely and turn to tables on the person who is name calling (that’s me). You will be amazed at how quickly the accuser’s (me again) tone will change and how quickly they will find the virtue of silence.[/quote]

A name-caller responding to the alleged ass by suggesting that they are a bigger ass by not apologizing quickly and sincerely to the name caller makes the name caller look like an ass.

[(former)FormerSanDiegan]

[quote=briansd1]

Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?

[/quote]

I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.

[(former)FormerSanDiegan]

[quote=briansd1]

Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?

[/quote]

I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.

[(former)FormerSanDiegan]

[quote=briansd1]

Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?

[/quote]

I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.

[(former)FormerSanDiegan]

[quote=briansd1]

Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?

[/quote]

I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.

[(former)FormerSanDiegan]

[quote=briansd1]

Do your kids want an old house that needs upkeep or do they want a diversified portfolio of assets?

[/quote]

I don’t remember anything about my parents portfolio of assets. But I watched and learned a lot seeing my Dad repair plumbing and other things on our house.

[(former)FormerSanDiegan]

I’m fairly conservative and mid 40’s. I’m old enough to have made every mistake in the book and young enough to recover. I used to aim for 1/3 Cash; 1/3 Property; 1/3 Stocks. I have tweaked things a bit based on throwing in inflation hedge and a play money allocation.

Here is where I am aiming (currently I’m too heavy in stocks and too light in RE)

30% Real Estate
30% Cash/short-term bonds
30% Stocks
5% Commodities (really just Gold)
5% Random (speculation, Stock timing, private business opportunities, stock options at work, etc)

Of the real estate … some can be REITS, but most aimed at investment property (for tax efficiency)

Of the stocks … at least 1/3 in foreign stocks, mostly large cap. The rest domestic.

If I really knew exactly what to do the 5% random would be a much larger chunk. But I have been around long enough that I don’t know everything.

[(former)FormerSanDiegan]

I’m fairly conservative and mid 40’s. I’m old enough to have made every mistake in the book and young enough to recover. I used to aim for 1/3 Cash; 1/3 Property; 1/3 Stocks. I have tweaked things a bit based on throwing in inflation hedge and a play money allocation.

Here is where I am aiming (currently I’m too heavy in stocks and too light in RE)

30% Real Estate
30% Cash/short-term bonds
30% Stocks
5% Commodities (really just Gold)
5% Random (speculation, Stock timing, private business opportunities, stock options at work, etc)

Of the real estate … some can be REITS, but most aimed at investment property (for tax efficiency)

Of the stocks … at least 1/3 in foreign stocks, mostly large cap. The rest domestic.

If I really knew exactly what to do the 5% random would be a much larger chunk. But I have been around long enough that I don’t know everything.

[(former)FormerSanDiegan]

I’m fairly conservative and mid 40’s. I’m old enough to have made every mistake in the book and young enough to recover. I used to aim for 1/3 Cash; 1/3 Property; 1/3 Stocks. I have tweaked things a bit based on throwing in inflation hedge and a play money allocation.

Here is where I am aiming (currently I’m too heavy in stocks and too light in RE)

30% Real Estate
30% Cash/short-term bonds
30% Stocks
5% Commodities (really just Gold)
5% Random (speculation, Stock timing, private business opportunities, stock options at work, etc)

Of the real estate … some can be REITS, but most aimed at investment property (for tax efficiency)

Of the stocks … at least 1/3 in foreign stocks, mostly large cap. The rest domestic.

If I really knew exactly what to do the 5% random would be a much larger chunk. But I have been around long enough that I don’t know everything.

[(former)FormerSanDiegan]

I’m fairly conservative and mid 40’s. I’m old enough to have made every mistake in the book and young enough to recover. I used to aim for 1/3 Cash; 1/3 Property; 1/3 Stocks. I have tweaked things a bit based on throwing in inflation hedge and a play money allocation.

Here is where I am aiming (currently I’m too heavy in stocks and too light in RE)

30% Real Estate
30% Cash/short-term bonds
30% Stocks
5% Commodities (really just Gold)
5% Random (speculation, Stock timing, private business opportunities, stock options at work, etc)

Of the real estate … some can be REITS, but most aimed at investment property (for tax efficiency)

Of the stocks … at least 1/3 in foreign stocks, mostly large cap. The rest domestic.

If I really knew exactly what to do the 5% random would be a much larger chunk. But I have been around long enough that I don’t know everything.

[(former)FormerSanDiegan]

I’m fairly conservative and mid 40’s. I’m old enough to have made every mistake in the book and young enough to recover. I used to aim for 1/3 Cash; 1/3 Property; 1/3 Stocks. I have tweaked things a bit based on throwing in inflation hedge and a play money allocation.

Here is where I am aiming (currently I’m too heavy in stocks and too light in RE)

30% Real Estate
30% Cash/short-term bonds
30% Stocks
5% Commodities (really just Gold)
5% Random (speculation, Stock timing, private business opportunities, stock options at work, etc)

Of the real estate … some can be REITS, but most aimed at investment property (for tax efficiency)

Of the stocks … at least 1/3 in foreign stocks, mostly large cap. The rest domestic.

If I really knew exactly what to do the 5% random would be a much larger chunk. But I have been around long enough that I don’t know everything.

[(former)FormerSanDiegan]

[quote=CA renter]

What I fear is that “rich” foreigners end up with more US dollars and/or stronger currencies, and buy up all of our assets, essentially becoming our lords; and we, their serfs. We would also see asset and commodity prices rising, while our wages stagnate — creating a far more hideous financial situation that what deflation would deliver. This isn’t a prediction, as much as it’s an observation of what is currently going on, and has been going on for a couple of years, now.

Dollar destruction would wreck havoc on all working people in the U.S. It is only something to be desired by capitalists (asset owners), not laborers.
[/quote]

This already happened in the mid- to late-1980’s. Our lords at that time were the Japanese.

What pulled us out of that spiral ?

[(former)FormerSanDiegan]

[quote=CA renter]

What I fear is that “rich” foreigners end up with more US dollars and/or stronger currencies, and buy up all of our assets, essentially becoming our lords; and we, their serfs. We would also see asset and commodity prices rising, while our wages stagnate — creating a far more hideous financial situation that what deflation would deliver. This isn’t a prediction, as much as it’s an observation of what is currently going on, and has been going on for a couple of years, now.

Dollar destruction would wreck havoc on all working people in the U.S. It is only something to be desired by capitalists (asset owners), not laborers.
[/quote]

This already happened in the mid- to late-1980’s. Our lords at that time were the Japanese.

What pulled us out of that spiral ?

[(former)FormerSanDiegan]

[quote=CA renter]

What I fear is that “rich” foreigners end up with more US dollars and/or stronger currencies, and buy up all of our assets, essentially becoming our lords; and we, their serfs. We would also see asset and commodity prices rising, while our wages stagnate — creating a far more hideous financial situation that what deflation would deliver. This isn’t a prediction, as much as it’s an observation of what is currently going on, and has been going on for a couple of years, now.

Dollar destruction would wreck havoc on all working people in the U.S. It is only something to be desired by capitalists (asset owners), not laborers.
[/quote]

This already happened in the mid- to late-1980’s. Our lords at that time were the Japanese.

What pulled us out of that spiral ?

[Author]

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