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Post by whitebacon on Apr 5, 2024 15:47:20 GMT -5
I just fish now. Of course I think I'm the best. I can't process money. No one catches a super grand slam. Every day. My serious problems are women. They lie. David, I know it’s hard to resist young women but as you get older you may want to consider a more mature woman that is looking for stability instead of material things. All women want something just like guys want something too out of the relationship. I just like having someone that loves me. Takes care of me when I’m sick and I do the same for her when she’s sick. Getting old is not easy and it’s nice to have some stability in your life. You are arguably my best friend. I know better. I'm embarrassed . love you, and thank you for the pep talk.
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Post by conchydong on Apr 5, 2024 15:56:24 GMT -5
David, I know it’s hard to resist young women but as you get older you may want to consider a more mature woman that is looking for stability instead of material things. All women want something just like guys want something too out of the relationship. I just like having someone that loves me. Takes care of me when I’m sick and I do the same for her when she’s sick. Getting old is not easy and it’s nice to have some stability in your life. You are arguably my best friend. I know better. I'm embarrassed . love you, and thank you for the pep talk. I just want the best for you. I don’t judge people for what may have happened in the past. Half of my friends that I grew up with in Key West did time for smuggling. They just got caught up in the easy money thing in the’70s. They are still good people. Wishing you the best. BTW, I may be a functioning alcoholic too as I enjoy a few drinks every evening before dinner.
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Post by nuevowavo on Apr 5, 2024 16:02:03 GMT -5
Our investment advisor is selling Nvidia and other AI-relateds and buying energy - Exxon, Chevron, etc. With the exception of Apple and Google I've been out for a while. Been holding CTRA, CEG, IEO and TTE for a while. What about utilities? Only thing I've got is a little bit of Southern Co. Less than 1% of the portfolio.
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Post by whitebacon on Apr 5, 2024 16:38:40 GMT -5
I just want the best for you. I don’t judge people for what may have happened in the past. Half of my friends that I grew up with in Key West did time for smuggling. They just got caught up in the easy money thing in the’70s. They are still good people. Wishing you the best. BTW, I may be a functioning alcoholic too as I enjoy a few drinks every evening before dinner. Make me cry like a baby.
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Post by ferris1248 on Apr 6, 2024 10:28:17 GMT -5
Silver has kinda stuck up on me."Silver prices finished higher Thursday to notch a sixth consecutive session gain and their highest settlement in nearly 3 years." "On Comex, the most-active May silver contract SI00, +1.30% SIK24, +1.30% climbed 19 cents, or 0.7%, to settle at $27.25 an ounce, trading 9.4% higher week to date, according to Dow Jones Market Data. Prices settled at their highest since June 16, 2021." “Up until a couple of weeks ago, silver wasn’t finding much love,” he said. “But stronger industrial data from China has boosted demand for industrial materials like copper and silver.” “Silver has a lot of catching up to do on the upside, and this week’s technical breakout from a multi-year consolidation phase may well be the start of a long bull market,” he said." www.marketwatch.com/story/silver-prices-are-nearing-a-three-year-high-a-long-bull-market-may-be-close-behind-ea2dc2e2?mod=mw_more_headlines
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Post by ferris1248 on Apr 10, 2024 10:00:09 GMT -5
Bad day in Black Rock except for the energy sector.
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Post by olmucky on Apr 10, 2024 11:32:59 GMT -5
Have you seen gold the last 6 Mos?? Goodness
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Post by Deleted on Apr 10, 2024 11:38:57 GMT -5
Have you seen gold the last 6 Mos?? Goodness You can honestly thank Bidenomics for the rise in gold prices. Inflation does that.
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Post by madm002 on Apr 10, 2024 11:57:33 GMT -5
By sure luck I liquidated a bit yesterday, this market has me very confused. 4.7% T bond looks enticing.
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Post by ferris1248 on Apr 10, 2024 11:57:48 GMT -5
GLD has done well the last year or so. I still look at it as a hedge though.
Money supply, inflation, world tensions, efforts to replace the dollar all impact gold.
Gold has actually been pretty stable since the mid 20s.
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Post by ferris1248 on Apr 10, 2024 11:59:36 GMT -5
By sure luck I liquidated a bit yesterday, this market has me very confused. 4.7% T bond looks enticing. The bond does look enticing. I've got a jumbo CD maturing next month.
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Post by madm002 on Apr 10, 2024 13:44:07 GMT -5
By sure luck I liquidated a bit yesterday, this market has me very confused. 4.7% T bond looks enticing. The bond does look enticing. I've got a jumbo CD maturing next month. Ferris I was doing some checking of my record over the last 15 years. Schwab says I have averaged around 13 to 13.5% over that period, which was mostly raging bull market. At only 67 not sure I want too much in fixed income
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Post by ferris1248 on Apr 10, 2024 13:58:49 GMT -5
At 67 I felt the same way. I didn't get conservative until I was 72/73 and I sold the company.
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Post by Deleted on Apr 10, 2024 14:02:00 GMT -5
At 67 I felt the same way. I didn't get conservative until I was 72/73 and I sold the company. Robert, you actually retired? Wow. I’m unable or unwilling to do that.
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Post by Deleted on Apr 10, 2024 14:27:01 GMT -5
Just turned on the news
Stock market taking a beating today
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Post by Deleted on Apr 10, 2024 14:31:03 GMT -5
I think back to 2007/8 when a bunch of my acquaintances had weekly meetings and discussions about money. They were all older than I was and I believe all have been called home now.
The richest of the group (and they were all very wealthy) told me to buy into the stock market then and hold on. If I remember correctly the Dow was around 8000. 4x that now. I was scared.
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Post by olmucky on Apr 10, 2024 14:42:37 GMT -5
Just turned on the news Stock market taking a beating today Another 3.8% increase in goods and services perhaps
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Post by Deleted on Apr 10, 2024 14:48:40 GMT -5
Yes. Now Biden is going to print more money to buy votes through student loan debt forgiveness. Insane inflationary tactics.
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Post by ferris1248 on Apr 10, 2024 14:55:35 GMT -5
At 67 I felt the same way. I didn't get conservative until I was 72/73 and I sold the company. Robert, you actually retired? Wow. I’m unable or unwilling to do that. I can tell you, you are making a big mistake. You are certainly able. Unwilling because you fear the unknown. I have been in your shoes.
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Post by cadman on Apr 10, 2024 15:04:56 GMT -5
Robert, you actually retired? Wow. I’m unable or unwilling to do that. I can tell you, you are making a big mistake. You are certainly able. Unwilling because you fear the unknown. I have been in your shoes. Second what Ferris said. Big mistake. Retire and enjoy life while you're able. Another thing because you have mentioned you weigh 340. The day you retire, change how you eat completely. Go to meats and vegetables. Reduce your starches and sugars. When I retired I weighed about what you do. I am now at 245. As I told the doc. I did not go on a diet. I cant do diets. I changed how and what I ate. With a diet, when you off the diet, you go back to old habits. I found a plan I can live with the rest of my life.
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Post by madm002 on Apr 11, 2024 10:33:01 GMT -5
And now back to the stock market. I found this stock today MNMD, ,they are actually using LSD to treat anxiety, with tremendous stage 2 test results. I listened to an interview with the CEO. One a month treatment, far more efficient than current state of medicine treatments. Given the history of some of the members of this board, thought it worth mentioning. I put on a tiny position just for the fun of it. YMMV, it is a spec.
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Post by ferris1248 on Apr 11, 2024 10:49:05 GMT -5
Some of those companies are going to hit. I don't know how high they'll go but there's money to be made if you're an investor.
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Post by Deleted on Apr 11, 2024 10:55:00 GMT -5
Stocks still scare me.
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Post by cyclist on Apr 11, 2024 12:09:08 GMT -5
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Post by ferris1248 on Apr 11, 2024 12:51:31 GMT -5
I can see why. Nice returns.
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Post by richm on Apr 11, 2024 13:22:29 GMT -5
I can tell you, you are making a big mistake. You are certainly able. Unwilling because you fear the unknown. I have been in your shoes. Second what Ferris said. Big mistake. Retire and enjoy life while you're able. Another thing because you have mentioned you weigh 340. The day you retire, change how you eat completely. Go to meats and vegetables. Reduce your starches and sugars. When I retired I weighed about what you do. I am now at 245. As I told the doc. I did not go on a diet. I cant do diets. I changed how and what I ate. With a diet, when you off the diet, you go back to old habits. I found a plan I can live with the rest of my life. YES - RETIRE!!!!!!!! I work with a bunch of engineers - they want to retire but also want to work in retirement. What is the fun in that? Mostly they have no life, no shared vision with spouse. One owner guy is 65 his wife is 55 and she wants to work. Hello! I'm putting a $3-$5 mil value on the portfolio based on stock shares being worth $1.5 mil. My sister and her hubby retired last year - sitting on their asses mainly with some trips planned. Get out of house, exercise, enjoy life...
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Post by nuevowavo on Apr 11, 2024 15:20:04 GMT -5
Retirement is awesome - highly recommend it! Sold our business and the building 2 years ago, put everything in the stock market. Life is good!
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Post by conchydong on Apr 11, 2024 15:23:28 GMT -5
I couldn’t go back to work even if I had to. I don’t even know how I managed life and the house when I was working. You miss a little of the social interaction with fellow employees, etc., but you get over that real fast.
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Post by nuevowavo on Apr 11, 2024 15:39:30 GMT -5
Interesting. Of course its largest holdings are the big techs - Nvidia, Amazon, Microsoft, Intuit. Outperformed the S & P since 2020. Nice!
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Post by mackeralsnatcher on Apr 11, 2024 15:47:40 GMT -5
I wonder all the time how I ever got all this stuff done before i retired. Seems i have more shit to do now then before i retired.
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