 |
|
11-29-2009, 02:58 PM
|
#41
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2008
Posts: 13,147
|
brogan007..let me guess..."You are from Nigeria? and you have a secret that we don't know..? yada.yada.yada. 
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
11-29-2009, 03:00 PM
|
#42
|
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
Me too. Heck, I'll even help him pack!
__________________
Numbers is hard
|
|
|
|
11-29-2009, 03:02 PM
|
#43
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: North of Montana
Posts: 2,769
|
 Quote:
Originally Posted by brewer12345
And here is the pitch...
|
And then, just when I was getting ready to swing for the fence...
Quote:
Originally Posted by brogan007
No pitch. Nothing to sell.
|
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
|
|
|
|
|
11-29-2009, 03:03 PM
|
#44
|
|
Dryer sheet aficionado
Join Date: Nov 2009
Posts: 27
|
Wow, you guys must all be Americans to be so closed minded.
Debate is an essential tool in a democracy....pity you guys don't seem to undersatnd it.
|
|
|
|
|
11-29-2009, 03:03 PM
|
#45
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2006
Posts: 2,083
|
Quote:
Originally Posted by brogan007
It seems that the cult of "we can beat the market" is alive & kicking here.
|
You don't seem to read very well. The people here will be the first to call out anyone that thinks they can beat the market consistently.
Frankly, I am planning on slightly less than historical market returns over the long term.
__________________
"We do not inherit the earth from our ancestors, we borrow it from our children.
(Ancient Indian Proverb)"
|
|
|
|
|
11-29-2009, 03:08 PM
|
#46
|
|
Administrator
Join Date: Apr 2006
Posts: 23,038
|
Quote:
Originally Posted by brogan007
Wow, you guys must all be Americans to be so closed minded.
Debate is an essential tool in a democracy....pity you guys don't seem to undersatnd it.
|
Wait, don't tell me. You're an expatriate Frenchman temporarily living in Nevada. I knew there must be some secret to your penetrating insight.
__________________
Living an analog life in the Digital Age.
|
|
|
|
|
11-29-2009, 03:08 PM
|
#47
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
Quote:
Originally Posted by brogan007
Wow, you guys must all be Americans to be so closed minded.
Debate is an essential tool in a democracy....pity you guys don't seem to undersatnd it.
|
And you must be a...
Ah, never mind. Say hello to the other creatures in my ignore list. Cannot be bothered to wait for the inevitable sales pitch.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
|
|
11-29-2009, 03:09 PM
|
#48
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2006
Posts: 2,083
|
Quote:
Originally Posted by brogan007
Wow, you guys must all be Americans to be so closed minded.
Debate is an essential tool in a democracy....pity you guys don't seem to undersatnd it.
|
We are very interested in debate. Do you have anything to back up your position? Numbers, calculations, etc?
__________________
"We do not inherit the earth from our ancestors, we borrow it from our children.
(Ancient Indian Proverb)"
|
|
|
|
|
11-29-2009, 03:11 PM
|
#49
|
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
Yes, some facts would be nice. The "I know I'm right" arguement doesn't hold much weight in a serious discussion - unless the purpose of the discussion is simply to troll.
__________________
Numbers is hard
|
|
|
|
|
11-29-2009, 03:12 PM
|
#50
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: North of Montana
Posts: 2,769
|
Quote:
Originally Posted by brogan007
Wow, you guys must all be Americans to be so closed minded.
|
Actually, I'm Canadian and therefore legally can move myself and my assets to another country and avoid have no obligation to pay Canadian income tax. To do that I give up a lot of the advantages (and there are many) of being a good tax paying resident of the Arctic Wastelands.
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
|
|
|
|
|
11-29-2009, 03:13 PM
|
#51
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 1,183
|
brogan007 buy or sell what you want or if you want to leave... Go right ahead. It's all about choices. We make choices every day of our lives. Some choose to save, some choose to spend, some choose to structure fianancial matters to retire early, some choose to work until they die. It is a series of choices and chance that determine our lot in life. Thrift and effort and doing with a little less along the way allow many here to have more time and money. Whining just doesn't cut it. If you don't like the options then move on to a new game or place. The choice is yours. I am happy that my choices allowed me to retire at 50 which was 5 years ago. I still have no need or desire to return to work. Now, if the government makes it too ugly I may choose to change my location. But, that is my choice.
|
|
|
|
|
11-29-2009, 03:14 PM
|
#52
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Quote:
Originally Posted by brogan007
Wow, you guys must all be Americans to be so closed minded.
|
Perfect way to get into our good graces so we'll want to listen to you. Bravo!
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
11-29-2009, 03:14 PM
|
#53
|
|
Recycles dryer sheets
Join Date: Feb 2008
Posts: 106
|
Quote:
Originally Posted by brogan007
....the world of investing has changed. Buy & hold Index funds are history.
|
Okay, I'll bite...what should we be buying? 
|
|
|
|
|
11-29-2009, 05:34 PM
|
#54
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 7,298
|
Quote:
Originally Posted by hguyw
Okay, I'll bite...what should we be buying? |
Quote:
Originally Posted by brogan007
...
Brings me back to my original concept...there is no answer, even worse if you have to carry the load of bankrupt citizens.
I smile at folks when they try to argue ...."There's no major problem, buy an Index Fund and forget it"
Jeez Loiuse.
btw...many US citizens have already disconnected & are living an expatriate lifestyle, not subject to US tax. I feel this is the answer.
.....
|
Brogan seems to claim his answer, if there is one, is heading off the grid - out of The Matrix. I guess his answer would be to buy seeds, ammo, and MREs. I'm too lazy to go all full pioneer - I like dental care and grocery stores. His choice to do as he wishes - if he's fully cognizant of the penalties he's welcome to try evading and avoiding taxes. Railing against people who are doing just fine working their own plans seems kind of silly - maybe he's just looking for validation for his untested plan?
Oh, BTW, considered NZ a few years back - turns out I was too old and would have had to buy my way into the country. Doable, but the more I read on the expat newsgroup the less attractive and free it seemed. No offense to any Kiwis, and the "tall poppy gets cut" culture has some attractions, but it really didn't sound all that Shire-like to me.
|
|
|
|
|
11-29-2009, 06:16 PM
|
#55
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
Quote:
Originally Posted by calmloki
I like dental care...
|
Ah! We all know dental care is overrated. Just have them all pulled, slap on full dentures and one is set for life. 
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
11-29-2009, 06:22 PM
|
#56
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Going back to the subject, the best way to guarantee there is "no hope" is to assume there IS no hope.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
11-29-2009, 06:38 PM
|
#57
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,304
|
Darn, I was sure we could bring brogan around...not. I don't know that I have ever seen anyone change his/her mind substantially in any online forum, but it's entertaining to try and we all usually learn something in the process.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
|
|
11-29-2009, 06:57 PM
|
#58
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
|
"An argument is a collected series of statements to establish a definite proposition . . . it isn't just contradiction."
" "
|
|
|
|
|
11-29-2009, 07:36 PM
|
#59
|
|
Full time employment: Posting here.
Join Date: Oct 2007
Location: New York
Posts: 898
|
brogan - you have a point. For the average Joe retirement isn't really an option.
However, if any particular Joe chooses to moderate his behavior, maybe fund the retirement account before buying the big screen tv or the $150 cable package, then yeah its entirely doable.
__________________
Money's just something you need in case you don't die tomorrow.
|
|
|
|
|
11-29-2009, 10:16 PM
|
#60
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
|
<plonk!>
2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
