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Getbig Main Boards => General Topics => Topic started by: Big N on February 05, 2013, 07:01:50 PM
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Do you agree or disagree.
-Discuss
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Do you agree or disagree.
-Discuss
Good words from a wise man.
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Agree. Great points. Lately I have been reading a lot of books on attitudes and behaviors of typical millionaires. I especially like the pay yourself first/invest then pay bills.
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what a joke
sayings are intrinsically stupid as by definition they represent a huge loss of information
each of those sayings could be blown to pieces with little effort
there is a good one though, which is if you look for free advice you are going to get crap advice, and that of course includes any list of guru sayings like buffets
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what a joke
sayings are intrinsically stupid as by definition they represent a huge loss of information
each of those sayings could be blown to pieces with little effort
there is a good one though, which is if you look for free advice you are going to get crap advice, and that of course includes any list of guru sayings like buffets
I invested my cock into your mom's ass. Just my 2 cents.
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are you sure it wasnt you momma's ass?
people whose IQ is below 85 should waist there time reading. Keep on with the manual labor as long as you are not sure
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are you sure it wasnt you momma's ass?
people whose IQ is below 85 should waist there time reading. Keep on with the manual labor as long as you are not sure
"waist"
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are you sure it wasnt you momma's ass?
people whose IQ is below 85 should waist there time reading. Keep on with the manual labor as long as you are not sure
agree. fucking waisters.
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"waist"
not sure, you a spell checker now??
good boy. i think we found you a reason to live. Get busy on the other threads now boy. many errors to correct/.
i bet you are sure now, arent you boy?
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not sure, you a spell checker now??
good boy. i think we found you a reason to live. Get busy on the other threads now boy. many errors to correct/.
i bet you are sure now, arent you boy?
Your frustration has been noted. Too many hours in front of mindless entertainment has caused your brain to "waist". Read a book or meditate. Do something productive.
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are you sure about that?
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sayings are intrinsically stupid as by definition they represent a huge loss of information
That's a saying, genius.
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what a joke
sayings are intrinsically stupid as by definition they represent a huge loss of information
each of those sayings could be blown to pieces with little effort
there is a good one though, which is if you look for free advice you are going to get crap advice, and that of course includes any list of guru sayings like buffets
Buffet keeps the advice short for slow readers like you.
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Grant it, this isn't going to make you a billionaire investment banker... but it is decent "guidelines" every idiot can follow
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I invested my cock into your mom's ass. Just my 2 cents.
Same bro, put my carried interest into her IRA. I wasn't fully hard and she was shocked how big it got once inside her.
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i agree with all except the last...im a cheap guy, but i tend to give good advice. ;) but then again, im cheap because i enjoy making wise investments with my money, and minimize my spending on shit that isnt going to get me anywhere.
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Rich people buy assets poor people buy liabilities.
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Do you agree or disagree.
-Discuss
This is the kind of thing that you will see posted and reported on Facebook to try and show others how much you know and how great your life is.
"See, look at me, I am superior spiritually"
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Solid.
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Never exercise. Eat McDonalds.
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Same bro, put my carried interest into her IRA. I wasn't fully hard and she was shocked how big it got once inside her.
Are you referring to her "Inflamed Raw Anus"?
The old guy gives great advice. Especially all the eggs in one basket. That one bit me about 15 years ago. Live and learn.
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not sure, you a spell checker now??
good boy. i think we found you a reason to live. Get busy on the other threads now boy. many errors to correct/.
i bet you are sure now, arent you boy?
Not a spell checker genius. You spelled your word correctly.
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One more to add that Buffet forgot.
"Don't pay more for the same product you can get cheaper, just because you like the advertising"
This is especially true for management fees you pay to brokers/advisors/fund managers. Over the long-term (which is the lens most of you are looking thru with investments), a manager's ability to beat the market year-after-year and deliver returns over the long term that would out-pace the market are near zilch. It's true. The odds are stacked against a fund manager to beat the free market forces at work. As they should be. Anyone with enough inside information to beat the market is usually vetted out as an inside trader.
Therefore, if fund managers can't beat the exchange index over the long term, why would you pay them money for their product?
It's the sweetest scam going, and very few people talk about it. I highly encourage you to do the math and satisfy yourselves on this point.
2% per year is a lot of money to give to someone who can't beat an ETF, which charges you a fraction of a percent. Think about 1.8% of your money compounding itself over 25 or 30 years. This is not chump change. This is a significant, massive portion of your savings being flitted away by the lure of marketing and the belief that surely, if it's someone's job, they must be good enough to be able to help me beat the Jones'. Not true. Never has been.
The very, very few that have consistently outpaced the free market...well, we know who they are. I guess you could give them all your money, but if they were truthful, even they would tell you that to do so would be foolish. Eventually, they'll loose too. Or they'll die, and the folks who supplant them will lose. But Buffet already mentions that above...diversify.
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I don't have any investments at all. I think passive income is mostly a myth and I'm too ignorant to actively swim with the sharks.
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Sounds like pretty common sense advice from mr. Buffet. I personally follow this advice to a T. My family budgets everything. I'm not rich but I have enough money where I don't need to work for a year if I was forced to.
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He who cares less wins in the game of getting women.
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The old guy gives great advice. Especially all the eggs in one basket. That one bit me about 15 years ago. Live and learn.
I don't disagree, though I've increasingly come to think that most people have no business personally managing their investments and instead ought to have a basic retirement account that functions as a "lifetime fund" that automatically adjusts asset allocation. The more automatic mechanisms (automatic removal of contributions from paycheck, automatic asset adjustment, etc.) the better!
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Yes do what he says and you will end up being a grumpy wee bawbag too.
We all go to our graves with nothing. Even Mr Buffet. But at least some of us enjoy our lives.
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Good stuff, but very non-specific.
I no longer do stocks or currency trading.....it is akin to poker. There are poker pros who can make a living doing it.....I've not invested the time to be a poker pro, so to try and make a living at it is a foolish endeavor for me.
Silver and gold are alright, I mostly hold silver.....but...if things get really bad, I just don't see silver, gold, or any other precious metal exceeding the value of food, land, fortified shelters, or ammunition.
I like real estate. I own a few properties. I also have minority ownership in a pest control and painting company. I am not rich by any stretch of the imagination, but just the fact that I'm in my early 30s and own stuff is a big accomplishment to me.
Savings.....DON'T DO IT!!!!!! Everyone is like Save, Save, Save, Save.....DON'T! If you have an extra $500 laying around, think how can you earn more from that? Don't throw it in a bank or under the mattress......spend it and GROW IT!
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Good stuff, but very non-specific.
I no longer do stocks or currency trading.....it is akin to poker. There are poker pros who can make a living doing it.....I've not invested the time to be a poker pro, so to try and make a living at it is a foolish endeavor for me.
Silver and gold are alright, I mostly hold silver.....but...if things get really bad, I just don't see silver, gold, or any other precious metal exceeding the value of food, land, fortified shelters, or ammunition.
I like real estate. I own a few properties. I also have minority ownership in a pest control and painting company. I am not rich by any stretch of the imagination, but just the fact that I'm in my early 30s and own stuff is a big accomplishment to me.
Savings.....DON'T DO IT!!!!!! Everyone is like Save, Save, Save, Save.....DON'T! If you have an extra $500 laying around, think how can you earn more from that? Don't throw it in a bank or under the mattress......spend it and GROW IT!
Agree with most you said except the bold. Metals are doing great NOW but don't have a long track record of winning. You are right about single stocks being like poker that's why mutual funds are great. Your last statement about investing rather than saving is great!
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Good stuff, but very non-specific.
I no longer do stocks or currency trading.....it is akin to poker. There are poker pros who can make a living doing it.....I've not invested the time to be a poker pro, so to try and make a living at it is a foolish endeavor for me.
Silver and gold are alright, I mostly hold silver.....but...if things get really bad, I just don't see silver, gold, or any other precious metal exceeding the value of food, land, fortified shelters, or ammunition.
I like real estate. I own a few properties. I also have minority ownership in a pest control and painting company. I am not rich by any stretch of the imagination, but just the fact that I'm in my early 30s and own stuff is a big accomplishment to me.
Savings.....DON'T DO IT!!!!!! Everyone is like Save, Save, Save, Save.....DON'T! If you have an extra $500 laying around, think how can you earn more from that? Don't throw it in a bank or under the mattress......spend it and GROW IT!
Solid post. What do you do for a living, not to get too personal.
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Do you agree or disagree.
-Discuss
coca-cola stocks are making some good money the last three weeks or so check out the stock market. this is how ty cobb became very, very rich oh so many years ago.
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Solid post. What do you do for a living, not to get too personal.
Navy and USCG vet, was a state Probation Officer, private security management(I was Security1's Boss), then painted cars, now am doing high-end security and investigations.
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I listened to him on GE stock...... :-\