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School me on investing...

Discussion in 'General' started by noles19, Nov 8, 2017.

  1. motion

    motion Nihilistic Member

    Christ on a stick
     
  2. pickled egg

    pickled egg Tell me more

    Are you implying Cortez’ application for portfolio manager was rejected? :crackup:
     
  3. SteveThompson

    SteveThompson Banned by amafan

    I’m excited to revisit this thread in 5 years.
     
  4. Venom51

    Venom51 John Deere Equipment Expert - Not really

    401k's aren't the social security system there sport.

    Crypto...to the moon...hold diamond hands....
     
    Boman Forklift and pickled egg like this.
  5. cortezmachine

    cortezmachine Banned

    1- yes it is. It was meant to be a direct supplement to an inadequate social security system. Only with private banks being able to do whatever they want with your money. (Not much different than gubment I suppose)

    2- I’ve already stated my position on crypto.
     
  6. motion

    motion Nihilistic Member

    :crackup:
     
  7. cortezmachine

    cortezmachine Banned

    Btw Jim Cramer is worth 150 million.


    I fail to see how that’s not a compliment.
     
  8. pickled egg

    pickled egg Tell me more

    I know you said what you said. I’m trying to figure out how hard a blow to the head I’ll need before I think it makes sense.
     
  9. SuddenBraking

    SuddenBraking The Iron Price

    [​IMG]
     
    cortezmachine likes this.
  10. Boman Forklift

    Boman Forklift Well-Known Member

    Hey Einstein, let me splain something to ya. My dad is 78 and has been retired since he was 52. Guess where most his 401k money is. Still invested in the stock market…..he will probably live another 10-15 years and my mom is younger 75 and she should go into her 90s since her parents did.

    So I don’t know that we will see the mass exodus you think we will. I know they are taking yearly withdrawals required by law, but the rest is still invested……and it ain’t in Bitcoin.
     
    pickled egg likes this.
  11. cortezmachine

    cortezmachine Banned

    fair enough.
     
  12. Tristan

    Tristan Well-Known Member

    There's a separate "401K market" ???
     
    Boman Forklift likes this.
  13. auminer

    auminer Renaissance Redneck

    I'm good with that. If I recall correctly, I've mentioned:

    Silver/PSLV
    AT&T (T)
    Warner Brothers / Discovery (WBD)
    MP Materials Corp (MP)
    Raw land in Oklahoma
    3/2 rental in Lubbock TX

    I'm good with that list for the next 5 years.

    I need to go find that future me website and send myself a link to this post for 31JUL27.
     
  14. SuddenBraking

    SuddenBraking The Iron Price

    Just use this website. Old boss used to use it and drove me fucking nuts.

    https://www.followupthen.com/
     
  15. SuddenBraking

    SuddenBraking The Iron Price

    Yeah, but you have to know the secret handshake to be able to invest there.

    [​IMG]
     
  16. auminer

    auminer Renaissance Redneck

    I used FutureMe.org.
    Apparently I have one 'time traveling' to me this coming November. It won't let me read it now.

    Now I'm curious.
     
  17. YamahaRick

    YamahaRick Yamaha Two Stroke Czar

    Reading a bit about the pending doom in the auto sector reminded me of this movie - executive producer was a member of The Monkees:

    62e70619.jpg
     
  18. auminer

    auminer Renaissance Redneck

    IIRC there's a repo man on here. I suspect that he is pretty busy these days. In fact, what with a new month dawning in a couple of hours, there are a whole bunch more people who will be one more month late on their car note.
     
    YamahaRick likes this.
  19. ChemGuy

    ChemGuy Harden The F%@# Up!

    So what's your guess...market up or down today?

    My guess is down.
     
  20. Boman Forklift

    Boman Forklift Well-Known Member

    Yes it is tied in with the Bitcoin is a hard asset market.,..,they are twins.
     
    cortezmachine likes this.

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