 |
|
12-04-2011, 08:24 PM
|
#21
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
|
 Quote:
|
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!
__________________
I have outlived most of the people I don't like and I am working on the rest.
|
|
|
 |
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!
|
|
12-04-2011, 09:10 PM
|
#22
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
|
Quote:
Originally Posted by urn2bfree
Mr Warren Buffet- who seems to have some experience being right about these things- disagrees.
|
Who knew 
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
|
|
|
|
|
12-05-2011, 06:51 AM
|
#23
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
|
I guess for some of you it is time to stock up on gold, guns and canned goods.
|
|
|
|
|
12-05-2011, 07:41 AM
|
#24
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
|
Quote:
Originally Posted by ripper1
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
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
|
|
|
|
|
12-05-2011, 08:02 AM
|
#25
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2008
Location: Jalisco, Mexico
Posts: 1,747
|
Quote:
Originally Posted by Ed_The_Gypsy
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? 
|
|
|
|
|
12-05-2011, 08:13 AM
|
#26
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
|
Quote:
Originally Posted by haha
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.
|
|
|
|
|
12-05-2011, 09:52 AM
|
#27
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
|
Quote:
Originally Posted by ripper1
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. 
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
|
|
12-05-2011, 10:00 AM
|
#28
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,304
|
Quote:
Originally Posted by dixonge
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...
__________________
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)
|
|
|
|
|
12-05-2011, 11:25 AM
|
#29
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
|
A wise man among us said, "Be Greedy when others are fearful and Fearful when others are Greedy.
|
|
|
|
|
12-05-2011, 12:01 PM
|
#30
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
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.........
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
|
|
12-05-2011, 05:11 PM
|
#31
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 1,992
|
Quote:
Originally Posted by Midpack
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!
|
|
|
|
|
12-05-2011, 05:17 PM
|
#32
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,304
|
Quote:
Originally Posted by NYEXPAT
Are you familiar with the WS term "breaking the buck"? IF not you will be very shortly!
|
Yes I am...
__________________
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)
|
|
|
|
|
12-05-2011, 05:26 PM
|
#33
|
|
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 youbet
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.
__________________
"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)
|
|
|
|
|
|
|
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
