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scaredyclassic
ParticipantMy old dentist always said she wanted to quit and sell ice cream at the beach. See happy people. Most better paying jobs seem to involve money and stress and problems. Ice cream is never a bummer! Who demands a refund? No one!
Do guys still haul stuff along the sandy beach and sell it? That’s hard labor.
The appeal of hard labor is it feels good to work hard. Might not make it full time though.
ParticipantI would love to be a wiry extremely strong and virile
old man.Participant[quote=sdrealtor]Go ahead and do whatever. I’m heading out to enjoy 18 holes with no purpose in the company of my best friends[/quote]
purpose is overrated.
Participanttoo frustrating. also, no purpose. i knew this guy once who was 88 still doing hard labor, construction, roofing, etc. dude was very strong. was thinking about taking another wife.
seriously. guy was a beast. mentally, a little fading, face looked extremely weatherbeaten, but physically, from the neck down, looked perfect.
Participant[quote=deadzone]I’ve already come to the conclusion that there are only two likely end games to the current Federal Reserve policy madness (i.e. the Everything Bubble). One is massive market collapse that if it were allowed to happen, would be far worse than 2008. Second is runaway or hyper inflation. I would say the odds favor the second case because the Fed is defiant with their plans to keep ZIRP forever along with QE infinity. Plus really they have no choice. Any interest rate hikes would pop the bubble and destroy the economy since it is totally reliant on the Fed’s help.
So that said, for either result I would want all my money in Real Estate and Precious Metals/Gold. Nothing else. No more cash than is necessary for emergency. Cash will be destroyed in either case.[/quote]
It does seem that way. But…when…perhaps in my kids lifetimes. Or maybe never…it just kind of staggers along, growing and growing, and squeezing money from workers to shareholders
And why not diversified us/ world stocks.
Participantwell, yeah. prolly. but it wasn’t amazon. i am consciously trying to never buy off amazon. I hear others trying too. I wonder if there can be a meaningful backlash. Is the future of everything amazon? probably yes, ecept for a few oddball protestors. hell, I still buy a few things there. bastards.
Participanti went to buy something, waited a few days, thing went up in my cart. softstar shoes. seems like the stuff I buy definitely is going up.
ParticipantI recommend some type of auto debit plan to move the $, over whatever time frame, so that you don’t have think about each buy.
Participantit is kind of awful to allocate large sums of money all at once. Much nicer to do a bit at a time. maybe it’s an argument for ditching one’s house early in retirement and investing the money witha longer time frame for self and heirs.
ParticipantSo the 10 perc bracket starts at 300k and 12 perc at 600k. Photos of people leaving in uhaul trucks aren’t in either of these brackets. Well, hell, I am, but I guess I am cheap enough to move myself in a uhaul.
Maybe you’re right.
If you’re calling a top to ca r.e. long term, prob. As foolish as calling a 20 year top to the nasdaq
ParticipantEven at 1 percent, you’ll be up 10 percent creating your own mutual fund after a decade. And you’ll more likely at least track the market
Participanta mutual fund is always going to charge a fee. if you just bought the same stocks, you’d already be ahead of a murual fund.
as to the mutual fund being smarter or beating the market, through trading or a sense of what’s coming, in general, they’re wrong. seems like ti would be better to just buy the same stocks as a fund you like and hold them. save the .3 or .5 % a year they charge to do the buying for you.
ParticipantI have a question.
With trading fees zero, why buy a mutual fund?Participantsell 52 shares. then everyone moves in at the same time. a bargain! but crowded.
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