Forum Replies Created
-
AuthorPosts
-
IONEGARMParticipant
The whole process is flawed, the way you are proposing to invest in ANYTHING, not just commodities. It is just a short term bet, pure speculation on a gut feel. No analysis.
You think the dollar is done, Why was the treasury auction bid to cover so strong today? Or do you have the inside scoop with the central banks?
Why not foreign stocks, bonds or currencies? Why just commodities? Why not have a diversified portfolio and overweight somewhat in the areas you believe might do well. NO, this is all just a brilliant plan to make a quick buck by an obvious luminary who is beating the market and seeing things ahead of everybody else. You’ll be rich!
Let us know the day you make the trades.
IONEGARMParticipantThe whole process is flawed, the way you are proposing to invest in ANYTHING, not just commodities. It is just a short term bet, pure speculation on a gut feel. No analysis.
You think the dollar is done, Why was the treasury auction bid to cover so strong today? Or do you have the inside scoop with the central banks?
Why not foreign stocks, bonds or currencies? Why just commodities? Why not have a diversified portfolio and overweight somewhat in the areas you believe might do well. NO, this is all just a brilliant plan to make a quick buck by an obvious luminary who is beating the market and seeing things ahead of everybody else. You’ll be rich!
Let us know the day you make the trades.
IONEGARMParticipantThe whole process is flawed, the way you are proposing to invest in ANYTHING, not just commodities. It is just a short term bet, pure speculation on a gut feel. No analysis.
You think the dollar is done, Why was the treasury auction bid to cover so strong today? Or do you have the inside scoop with the central banks?
Why not foreign stocks, bonds or currencies? Why just commodities? Why not have a diversified portfolio and overweight somewhat in the areas you believe might do well. NO, this is all just a brilliant plan to make a quick buck by an obvious luminary who is beating the market and seeing things ahead of everybody else. You’ll be rich!
Let us know the day you make the trades.
IONEGARMParticipantThe whole process is flawed, the way you are proposing to invest in ANYTHING, not just commodities. It is just a short term bet, pure speculation on a gut feel. No analysis.
You think the dollar is done, Why was the treasury auction bid to cover so strong today? Or do you have the inside scoop with the central banks?
Why not foreign stocks, bonds or currencies? Why just commodities? Why not have a diversified portfolio and overweight somewhat in the areas you believe might do well. NO, this is all just a brilliant plan to make a quick buck by an obvious luminary who is beating the market and seeing things ahead of everybody else. You’ll be rich!
Let us know the day you make the trades.
IONEGARMParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
You are betting a lot on one outcome and paying for the privilege to do it. It is quite simply stupid.
Investors don’t think like that, gamblers do.
If you really think of commodities as an invesmtment maybe you can let me know their earnings and dividend yield? What, there is none? So your complete bet (and it is a bet, not an investment) is a one way movement in price? You don’t even begin to understand the depths of the dynamics and yet you want to leverage up some high cost debt because you “feel” the time is right.
Congrats, you win for the day. You might even win for the month.
But by all means, dive right in, be sure to keep us well informed of your purchases and borrowings.
IONEGARMParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
You are betting a lot on one outcome and paying for the privilege to do it. It is quite simply stupid.
Investors don’t think like that, gamblers do.
If you really think of commodities as an invesmtment maybe you can let me know their earnings and dividend yield? What, there is none? So your complete bet (and it is a bet, not an investment) is a one way movement in price? You don’t even begin to understand the depths of the dynamics and yet you want to leverage up some high cost debt because you “feel” the time is right.
Congrats, you win for the day. You might even win for the month.
But by all means, dive right in, be sure to keep us well informed of your purchases and borrowings.
IONEGARMParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
You are betting a lot on one outcome and paying for the privilege to do it. It is quite simply stupid.
Investors don’t think like that, gamblers do.
If you really think of commodities as an invesmtment maybe you can let me know their earnings and dividend yield? What, there is none? So your complete bet (and it is a bet, not an investment) is a one way movement in price? You don’t even begin to understand the depths of the dynamics and yet you want to leverage up some high cost debt because you “feel” the time is right.
Congrats, you win for the day. You might even win for the month.
But by all means, dive right in, be sure to keep us well informed of your purchases and borrowings.
IONEGARMParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
You are betting a lot on one outcome and paying for the privilege to do it. It is quite simply stupid.
Investors don’t think like that, gamblers do.
If you really think of commodities as an invesmtment maybe you can let me know their earnings and dividend yield? What, there is none? So your complete bet (and it is a bet, not an investment) is a one way movement in price? You don’t even begin to understand the depths of the dynamics and yet you want to leverage up some high cost debt because you “feel” the time is right.
Congrats, you win for the day. You might even win for the month.
But by all means, dive right in, be sure to keep us well informed of your purchases and borrowings.
IONEGARMParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
You are betting a lot on one outcome and paying for the privilege to do it. It is quite simply stupid.
Investors don’t think like that, gamblers do.
If you really think of commodities as an invesmtment maybe you can let me know their earnings and dividend yield? What, there is none? So your complete bet (and it is a bet, not an investment) is a one way movement in price? You don’t even begin to understand the depths of the dynamics and yet you want to leverage up some high cost debt because you “feel” the time is right.
Congrats, you win for the day. You might even win for the month.
But by all means, dive right in, be sure to keep us well informed of your purchases and borrowings.
February 11, 2009 at 12:13 PM in reply to: banks selling houses to friends for next to nothing #344526IONEGARMParticipantFile a grievance with the local realtor board and also try to find out who owned the loan and contact the servicer. They might have never heard the offer.
February 11, 2009 at 12:13 PM in reply to: banks selling houses to friends for next to nothing #344848IONEGARMParticipantFile a grievance with the local realtor board and also try to find out who owned the loan and contact the servicer. They might have never heard the offer.
February 11, 2009 at 12:13 PM in reply to: banks selling houses to friends for next to nothing #344956IONEGARMParticipantFile a grievance with the local realtor board and also try to find out who owned the loan and contact the servicer. They might have never heard the offer.
February 11, 2009 at 12:13 PM in reply to: banks selling houses to friends for next to nothing #344988IONEGARMParticipantFile a grievance with the local realtor board and also try to find out who owned the loan and contact the servicer. They might have never heard the offer.
February 11, 2009 at 12:13 PM in reply to: banks selling houses to friends for next to nothing #345085IONEGARMParticipantFile a grievance with the local realtor board and also try to find out who owned the loan and contact the servicer. They might have never heard the offer.
-
AuthorPosts