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07-14-2022, 01:59 PM | #13051 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-191532
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Quote:
They have sales about as frequently as that local furniture place that's been having the going out of business sale for the last 15 years. |
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Posts: 6,482
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07-28-2022, 02:41 PM | #13052 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $771110
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Quote:
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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Posts: 52,955
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08-04-2022, 07:16 AM | #13053 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-68100
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Always amazing growth potential for a small amount of money if you start early.
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Posts: 46,154
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08-04-2022, 08:05 AM | #13054 |
Starter
Join Date: Aug 2019
Casino cash: $2380000
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Had a high school teacher tell us a similar line of thought that if you invest $2000/year when you are done with school, you will be a millionaire when you retire. Probably the most valuable thing I learned in high school.
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Posts: 559
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08-04-2022, 08:24 AM | #13055 |
Grand champ
Join Date: Sep 2007
Casino cash: $82369
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That will forever be one of my major regrets. I didn't start investing until I reached my late twenties.
Not only did I miss 10-ish years of compounding interest, but also that sweet market from about 2009-2020. |
Posts: 45,658
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08-04-2022, 12:32 PM | #13056 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $314734
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So, anybody doing any Bonds?
My understanding is if you’re going to trade Bonds you maximize returns in value by doing it right before the interest rate rolls over. I don’t have a ton on of insight into what the fed is going to do, but I think, at least anecdotally the economy is slowing a bit. My uneducated guess is we’re a ways from the top, but who knows. Elections and stuff. But beyond trading for value, the rate on Bonds might be beginning to be something to look at for capturing the interest. For so long money was cheap and it didn’t matter but surely that’s going the other way. I Bonds are now at 9.62%. That’s nutty. I think I’ll see what October brings and at least get my kids some money earning a return. |
Posts: 58,233
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08-05-2022, 10:11 AM | #13057 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1318491
VARSITY
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Quote:
I'm happy today, though only in the short term. ATCO was my sixth-largest holding at the end of last year (https://www.chiefsplanet.com/BB/show...#post16043631], and today it skyrocketed by 23 percent. However, it skyrocketed because apparently there's talk of it going private, and I don't like that. It's a great dividend stock for me that I've held for a long time.
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Active fan of the greatest team in NFL history. Last edited by Rain Man; 08-05-2022 at 10:26 AM.. |
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Posts: 143,223
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08-06-2022, 07:05 PM | #13058 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-68100
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I am in the same boat because I didn't finish college until I was almost 27. I didn't have the means to invest while going to school but I started pumping those investment accounts heavy when I hit 30.
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Posts: 46,154
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08-06-2022, 07:27 PM | #13059 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $314734
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Quote:
My FIL told me he had a CD that was rolling out that he had for 15%. I almost shit my pants. 15%???!!!! Obviously he got in at the top in the 80s. But holy balls. That's incredible. He told me he didn't think he could get 15% return on his farm, which I have no idea if it is true, but getting something locked in here on at a high rate isn't the dumbest diversification. |
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Posts: 58,233
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08-09-2022, 08:28 PM | #13060 |
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Join Date: Jan 2009
Casino cash: $485743
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Why can't Elon be normal?
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Posts: 64,521
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08-09-2022, 08:36 PM | #13061 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $314734
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Posts: 58,233
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08-09-2022, 09:06 PM | #13062 |
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Join Date: Jan 2009
Casino cash: $485743
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Posts: 64,521
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08-09-2022, 09:10 PM | #13063 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-68100
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Elon is a headcase.
I'd say it's schizophrenia but he's too old for that. |
Posts: 46,154
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08-10-2022, 05:28 PM | #13064 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-191532
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Quote:
I think just stocks or real estate would be better for the kids 10 years down the road. If you had I series bonds from the 80s still you're probably collecting 20%+ on govt backed bonds that aren't liable to state taxes and can defer fed taxes and keep compounding until maturity. That would be reason for a happy dance lol |
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Posts: 6,482
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09-01-2022, 07:38 AM | #13065 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $771110
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This market is slowly bleeding down.
September is traditionally a bad month for stocks. Anyone trying to bottom feed? Anyone about to throw in the towel? How are you investing any new cash?
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,955
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