Search found 11 matches

by swank
Sun Nov 04, 2012 12:00 am
Forum: Stocks
Topic: the US has averaged 5% inflation per year, since about 1970
Replies: 2
Views: 3339

the US has averaged 5% inflation per year, since about 1970

if you don't CLEAR 8% or better, every year, after tax and Social security (if you don't use a corporation to invest) with all your investments, you'd be ahead to just sit on bullion gold coins. Sometimes gold lags the market, and then there's a BIG leap in gold's price. many very experienced trader...
by swank
Sat Nov 03, 2012 11:54 pm
Forum: Stocks
Topic: how many here read the IBD, and truly understand it?
Replies: 11
Views: 8658

how many here read the IBD, and truly understand it?

How many have read the publisher, William Oneil,'s book HOW TO MAKE MONEY IN STOCKS?  how about Peter Lynche's books?
by swank
Sat Nov 03, 2012 11:48 pm
Forum: Gold
Topic: Is gold actually an inflation hedge? Does it need to be?
Replies: 29
Views: 14041

Re: Is gold actually an inflation hedge? Does it need to be?

Several traders who OUGHT to know say to stay out of stocks except in a bull market. the rest of the time, you want to be in bullion gold coins, cause the market is just too volatile. Me, I don't see a bull market coming for a while. While I have some gold coins, my main income stream is from rental...
by swank
Sat Nov 03, 2012 11:43 pm
Forum: Gold
Topic: How Not to Get Ripped Off, part 2
Replies: 27
Views: 11659

Re: How Not to Get Ripped Off, part 2

American Survival Guide magazine used to run ads for a little plate with slots the right size in it for different coins. weigh the coin, and try it in the go-no go slots,and if it passes those tests, it's good enough to take, cause it's going to be tradable to the next guy. so who cares if it's a re...
by swank
Sat Nov 03, 2012 11:40 pm
Forum: Gold
Topic: Jim Sinclair's take on FDR's gold confiscation
Replies: 19
Views: 10323

Re: Jim Sinclair's take on FDR's gold confiscation

gold won't be worth a thing if the dollar collapses, not for A YEAR or more, while  90-99% of the US population dies of thirst, hunger, diseases, fire and infighting.  The only things of value, nobody is going to be trading during that year, because any sort of contact is going to be extremely dange...
by swank
Sat Nov 03, 2012 11:35 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 45803

Re: Reconsidering Abraham Lincoln

if he actually WROTE the Gettysburg address, he was everything history has made him out to be, and more besides.
by swank
Sat Nov 03, 2012 11:32 pm
Forum: Other Discussions
Topic: Early Retirement Extreme progress
Replies: 105
Views: 47287

Re: Early Retirement Extreme progress

yes, I have done it once, and am working on the other house now. :-) Once I have the second one going, my Filipina and I are going to bum around the US for a year or 2, in a small trailer and a van.  The big issues are insurance, against fire and vandalism, throwing out the offenders (whores, drunks...
by swank
Sat Nov 03, 2012 6:25 am
Forum: Other Discussions
Topic: Early Retirement Extreme progress
Replies: 105
Views: 47287

Re: Early Retirement Extreme progress

so who says that you have to stay in SF, or even in CA, for that matter? Certainly, there's places to be had. Gypsies and carnies still raise families in small trailers. So you need 2 of them, or a larger one, so what? U needn't live like that forever. If you can amass 70k, you can RETIRE in a coupl...
by swank
Fri Nov 02, 2012 4:57 pm
Forum: Other Discussions
Topic: Why are there so few doctors?
Replies: 39
Views: 20327

Re: Why are there so few doctors?

we could allow MANY thousands of them to immigrate, but our "policy" is to not let in such highly skilled people, as it lowers the ridiculous salaries charged by those already here. Many of the MD's from overseas are AT LEAST as "qualified" as many here, whom the OTHER MD';s know...
by swank
Fri Nov 02, 2012 4:48 pm
Forum: Other Discussions
Topic: Hungary is selling passports
Replies: 5
Views: 3008

Re: Hungary is selling passports

I was told, about  30 years ago, from a very reliable source, that any country accepts you as a citizen, if you can establish that your grandparents were citizens of that country, and all that took was a bit of cash to a couple of "upstanding citizens" who claim to have known your grandpar...
by swank
Fri Nov 02, 2012 4:46 pm
Forum: Other Discussions
Topic: Early Retirement Extreme progress
Replies: 105
Views: 47287

Re: Early Retirement Extreme progress

Do you have any other utility bills? No gas, water, sewage, garbage? That rent is killing you, pard. I'd put a small trailer in a friend's backyard, pasture, etc, and pay $200 a month, most places in the US.  That's 15k a year that you could be putting into something that MAKES money.