Seriously. Investment thread. I'd like to get it stickied, and refer back to it.
It's already too late for that. For fuck's sake...
Seriously. Investment thread. I'd like to get it stickied, and refer back to it.
It's already too late for that. For fuck's sake...
“The real man wants two different things: danger and play. Therefore he wants woman, as the most dangerous plaything.” - Nietzsche
since he is 19 what may have a lasting effect on him is for you to print out the difference it will make if waits until he 29 or 39 or 49 to get serious about it. Assume a 6% compounded return. The difference is staggering. The IRL difference is the difference between playing later when everyone else is still having to work. I have used this a lot and its the most effective tool I ever have used.
"Loved by many, liked by few"
Let me think on it a bit....I stay away from banks and I tend to steer people away from banks as there are so many other places to park money. The only time I buy banks is when people are in panic mode and its getting bloody like when the bottom fell out of BOA. I always try to keep about 10-15% of capital available to be a buyer when the blood is deep in the streets in investment vehicles like banks. The latest thing I did was some long US Dollar/Short EuroDollar Spreads to make some money on the bottom falling out of the Euro over the past year. What started out as low margin fairly low risk trade turned out to be a great trade. To this day I have no idea why it sat for that long and presented the easy opportunity it did. In 25 years of playing the game I've never seen one so obvious with such a moderate outlay of capital and assumption of risk with such potential. Its unlikely I ever will again.
"Loved by many, liked by few"
GOD DAMN THE INCOME TAX.
GOD DAMN "SOCIAL SECURITY".
In reference to the REIT's we spoke of last night on Pal Talk do did a little deeper into them as the dividend yields are there and that alone is point in their favor. Secondly, the current uncertainty likely means opporturnity is not fully priced into to them at this time...just a thought,..
"Loved by many, liked by few"
I've done the calculations for Bush for the Dow, S&P and NASDAQ. They all went down big and only Hoover is worse.
If there is a chance of Romney winning on election day, make sure you sell all your stocks before it's well known. Romney will not do the things to help the economy and he will do things to hurt it.
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"WHAT?? ME WORRY? THEY'LL FORGET ALL ABOUT IT BY ELECTION DAY!" (TOLD YA...)
http://youtu.be/uhtabJn7ilg
http://youtu.be/ImtjPPBSr8I
http://youtu.be/RdVMQbZwP-0
COME ON DOWN AND TOUR THE CLIENT AREAS, COMMONSHIT.
YOU SHOULD MEET THE DNC'S CLIENTELE.
RE-DISTRIBUTE CANADA NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! FUCK THEIR WHITE ASSES!
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