Who do you trust?

laughingduck

laughingduck

Well-Known Member
How should folks save for retirement? The old way was to work 30 years for a company and invest with a pention plan. These seem to get raided and thiefs run away with your money. The goverment, social security? This we all know is a ponzi scheme, due to colapse as soon as we can no longer kick the can down the road any further. Private investments, stocks? These are minipulated be the hedge funds and can go to zero in a matter of minutes. Gold? I think is about to dive off a cliff because as soon as the dollar stabilizes people will not be able to get out of that train wreck soon enough. Cd's yea I really want to invest in something that does not even keep up with inflation! What are your ideas?
 
jeff f

jeff f

New Member
laughingduck said:
How should folks save for retirement? The old way was to work 30 years for a company and invest with a pention plan. These seem to get raided and thiefs run away with your money. The goverment, social security? This we all know is a ponzi scheme, due to colapse as soon as we can no longer kick the can down the road any further. Private investments, stocks? These are minipulated be the hedge funds and can go to zero in a matter of minutes. Gold? I think is about to dive off a cliff because as soon as the dollar stabilizes people will not be able to get out of that train wreck soon enough. Cd's yea I really want to invest in something that does not even keep up with inflation! What are your ideas?
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speaking from experience, wherever you decide to invest dont let the wife know about it. cuz when she becomes your X....you will be asking this question again :mrgreen:

its all pretty much a crap shoot. if i had money now i think i would spend some on realestate, i did well with that in the late 80's through late 90's. and its in the toilet right now. good time to buy unless it takes a double dip.

guns have never lost money but thats a niche type thing...maybe for you or not.

here's an idea, buy a big ass gas/oil tank....couple/ten thousand gallons. every time you get a couple extra bucks throw a few gallons in the tank. by the time these fucktards push the price up to 7 bucks a gallon you could get a pretty decent return by selling it out of your back yard. and if shit ever hits the fan.....lottery winner!!


in todays environment i think lots of people are thinking outside the box because of so much uncertainty.
 
jeffchr

jeffchr

Well-Known Member
my ideas:

1) invest in your own business
2) treasuries - the last thing to go bad will be the government
3) global mutual fund - if you want to spread the risk even broader
 
jeffchr

jeffchr

Well-Known Member
jeff f said:
speaking from experience, wherever you decide to invest dont let the wife know about it. cuz when she becomes your X....you will be asking this question again :mrgreen:

its all pretty much a crap shoot. if i had money now i think i would spend some on realestate, i did well with that in the late 80's through late 90's. and its in the toilet right now. good time to buy unless it takes a double dip.

guns have never lost money but thats a niche type thing...maybe for you or not.

here's an idea, buy a big ass gas/oil tank....couple/ten thousand gallons. every time you get a couple extra bucks throw a few gallons in the tank. by the time these fucktards push the price up to 7 bucks a gallon you could get a pretty decent return by selling it out of your back yard. and if shit ever hits the fan.....lottery winner!!


in todays environment i think lots of people are thinking outside the box because of so much uncertainty.
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maybe your divorced because she didn't like pfizer. lmao
 
N

NoDrama

Well-Known Member
Silver.
Buy in lots of less than $10,000 at a time and you will never get taxed for it, all the while the purchasing power can only increase from here. Import duties on silver are ZERO. Currently silver has the Most potential going for it, and according to the USGS will be basically extinct as an element by 2028 http://minerals.usgs.gov/minerals/pubs/commodity/silver/ Any time something becomes very rare, it becomes very expensive and valuable.

Ever seen a US silver dollar? Its face value is $1, but the US Silver Eagles command a current premium of +2,500% right now. Ever seen a US dollar bill? Its face Value is $1 dollar and it commands a negative premium(-6% right now) as inflation erodes all purchasing power from the paper illusion.
 
racerboy71

racerboy71

bud bootlegger
jeff f said:
or maybe im divorced cuz my X liked to blow other guys....:clap:
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OUCH..... Sorry to hear that jeff f.. i think real estate sounds good right now as its a buyers market, unless like i think jeff f says and it takes another dip..
 
PeachOibleBoiblePeach#1

PeachOibleBoiblePeach#1

Well-Known Member
NoDrama said:
Silver.
Buy in lots of less than $10,000 at a time and you will never get taxed for it, all the while the purchasing power can only increase from here. Import duties on silver are ZERO. Currently silver has the Most potential going for it, and according to the USGS will be basically extinct as an element by 2028 http://minerals.usgs.gov/minerals/pubs/commodity/silver/ Any time something becomes very rare, it becomes very expensive and valuable.

Ever seen a US silver dollar? Its face value is $1, but the US Silver Eagles command a current premium of +2,500% right now. Ever seen a US dollar bill? Its face Value is $1 dollar and it commands a negative premium(-6% right now) as inflation erodes all purchasing power from the paper illusion.[/QUOTE] I agree,,,old junk coins Halfs,Quarters, etc pre-64 are also good;-)
I got so bad I save all my pre-82 pennies, for the copper value:lol:
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biggun

biggun

Active Member
I am waiting for another dip... I think things will get a little worse before we have a short recovery... Be ready the time will be short and back into the shitter we will go before we become stable... Slowly... Better have a little saved up... Peace
 
K

kappainf

Well-Known Member
Your own Business and or growroom, lol. Guns, heirloom seeds, my next investment will be a liveaboard sailboat.
 
K

kappainf

Well-Known Member
Better yet, try and figure out what the next bubble will be, don't think it will be real estate again though.
 
Rob Roy

Rob Roy

Well-Known Member
Trust what you know or believe. These days it sure feels like we live in interesting times, it's not a bad idea to prepare safety nets in the event times get "more interesting", if that concerns you. Knowing which people you can rely on and who is unrelible is always a good thing and how you can mesh your assets and skills to best help each other.

Financially, if you are concerned the market will crash, get out of it. If you "know" silver and gold will increase, buy some. If Real Estate is your thing, buy it or if you believe now is a good time to exit the market, sell it.
It's a hard call how things will eventually shake out, if retaining purchasing power is important run from things that don't have built in inflationary hedges...like fiat money.

For me, having a warm place for the winter, food to eat year round and the means to procure it is important. Therefore trusting in your skills to provide the basic necessities and owning the right tools may be enough if you're set up right. Gardens are nice too. All kinds of gardens. If you're warm, well fed and have a good garden life could be a lot worse.
 
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