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Old 12-04-2011, 09:24 PM   #21
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Anything can happen, but I tend to believe that the US has played out its string.
A case can be made.

However, it is still "streets ahead" of the competition. Having seen a little of the rest of the world, I have to laugh when I hear outsiders assert that there are new financial and power centers that will displace the US. In their dreams!
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Old 12-04-2011, 10:10 PM   #22
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Mr Warren Buffet- who seems to have some experience being right about these things- disagrees.
Who knew
Ha
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Old 12-05-2011, 07:51 AM   #23
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I guess for some of you it is time to stock up on gold, guns and canned goods.
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Old 12-05-2011, 08:41 AM   #24
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I guess for some of you it is time to stock up on gold, guns and canned goods.
last comment on this over simplified thread. Many stocks and investments can do well, even when a nation is in decline.

Everyone is free to make his or her own assumptions. At least I gave mine, rather than sniping at someone who did state his assumptions.

Ha
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Old 12-05-2011, 09:02 AM   #25
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In the meantime, my dividends just keep rolling along, well above the SWR of 3.5% to 4%.
I really wanted to do dividends. Unfortunately, by the time we developed our RE plan the math said that we'd have to work to normal retirement age before our portfolio size would throw off sufficient dividend dollars. Ah, well.

Remember when dividends were such a poor step-child to all the other investment strategies?
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Old 12-05-2011, 09:13 AM   #26
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last comment on this over simplified thread. Many stocks and investments can do well, even when a nation is in decline.

Everyone is free to make his or her own assumptions. At least I gave mine, rather than sniping at someone who did state his assumptions.

Ha
Well your assumption as it relates to the leadership in this country is probably right.
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Old 12-05-2011, 10:52 AM   #27
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Well your assumption as it relates to the leadership in this country is probably right.
Yeah, hopefully we can still make money in spite of them.
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Old 12-05-2011, 11:00 AM   #28
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I really wanted to do dividends. Unfortunately, by the time we developed our RE plan the math said that we'd have to work to normal retirement age before our portfolio size would throw off sufficient dividend dollars. Ah, well.

Remember when dividends were such a poor step-child to all the other investment strategies?
The good old days, when bonds were safe(r), dividends were regular and MM funds and other cash equivs paid interest. Those days will come again (right?), but it may be awhile...
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Old 12-05-2011, 12:25 PM   #29
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Yeah, hopefully we can still make money in spite of them.
A wise man among us said, "Be Greedy when others are fearful and Fearful when others are Greedy.
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Old 12-05-2011, 01:01 PM   #30
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Yeah, hopefully we can still make money in spite of them.
Making money is fairly easy. Using it as a tool for the effective storage of wealth and exchanging it later for the things you really need (food, clothing, shelter, booze, etc.) is the trick.

Our leaders will no doubt figure out a way that the journal entries in our brokerage accounts increase. Whether they'll be able to ensure that we'll be able to trade these journal entries on a computer screen for the necessities of life years on down the road is an entirely different issue.........
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Old 12-05-2011, 06:11 PM   #31
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The good old days, when bonds were safe(r), dividends were regular and MM funds and other cash equivs paid interest. Those days will come again (right?), but it may be awhile...
Are you familiar with the WS term "breaking the buck"? IF not you will be very shortly!
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Old 12-05-2011, 06:17 PM   #32
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Are you familiar with the WS term "breaking the buck"? IF not you will be very shortly!
Yes I am...
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Old 12-05-2011, 06:26 PM   #33
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Our leaders will no doubt figure out a way that the journal entries in our brokerage accounts increase. Whether they'll be able to ensure that we'll be able to trade these journal entries on a computer screen for the necessities of life years on down the road is an entirely different issue.........
Yes, siree! For fiat money has always been of an ethereal value, and nowadays is not even printed on pieces of paper but merely binary digits on the computers. On the other hand, the necessities of life, the tangible material goods that we consume cannot be created by a magic wand, but by sweat labor.

That said, it is still better to have more of those bits than to have less. Or so I hope.
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