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05-21-2018, 12:59 PM
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#121
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,642
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Quote:
Originally Posted by W2R
Not so sure!!!
Some of our Cajun friends love eating nutria too, but I'm not eating that either.
You know what I'd do in a doomsday scenario? I love fishing and I love cooking and eating fish. We live just a few short blocks from Lake Ponchartrain, and the Gulf of Mexico isn't all that far away either. So I'm pretty sure we wouldn't have to resort to eating disgusting critters like squirrels, wharf rats, or nutria. Fish would be amazing, terrific, and utterly delicious.
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Plus you have the world's largest supply of Mud Bugs at your fingertips!
__________________
*********Go Astros!*********
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05-21-2018, 01:11 PM
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#122
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,472
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See? there you go. We have seafood everywhere here. And if Frank brought home a gator, a duck, or some edible snakes, that would be fine, too.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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05-21-2018, 01:50 PM
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#123
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,580
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I guess it all depends on just how hungry one is. Nicely described by scenes from two well known films. Tom Hanks, eating a live fish in Castaway, and Charlie Chapman making a feast out of his shoe in The Gold Rush.
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05-21-2018, 06:22 PM
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#124
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: The Bay Area
Posts: 2,736
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Quote:
Originally Posted by MichaelB
I guess it all depends on just how hungry one is. Nicely described by scenes from two well known films. Tom Hanks, eating a live fish in Castaway, and Charlie Chapman making a feast out of his shoe in The Gold Rush.
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Not to further derail this thread (hard to do at this point ). But....that scene in Castaway is one of my favorites. It’s the first scene when time is fast forwarded. He’s a lean, mean survival machine; he’s learned to fashion a multiprong fishing spear & gets his prey on the first throw; then, the utter resignation on his face as he eats the fish raw tells us everything we need to know about his feelings on his predicament. That one short scene speaks volumes and is a microcosm of the entire movie.
__________________
You may be whatever you resolve to be.
100% x 10% > 10% x 100%
Small pensions & SS cover essentials
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05-21-2018, 06:30 PM
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#125
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,414
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Quote:
Originally Posted by W2R
I would rather starve than eat squirrel.
Well, I say that, but I have never been in a position to have to choose. I do know that for sure, I would rather go to bed hungry than eat squirrel.
I don't like gamey foods! I hate venison, too, if that is any consolation.
I'm a city girl. It's city water, city sewage, and food from grocery stores, for me.
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Me too. LOL
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05-21-2018, 10:01 PM
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#126
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Confused about dryer sheets
Join Date: May 2018
Posts: 5
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I worry about this risk as well but am managing it by putting enough of our portfolio in cash to live on for 2-3 years. We have the cash split between high yield savings and CDs, currently averaging over 2% return. I predict CD rates will be up in the 3’s before long. That is good enough to me to have the peace of mind to avoid the sequence of return risk. I actually have very few bond funds. I’d rather have high yielding cash and stocks mostly. I am sure to also own individual stocks that pay dividends like ATT, Apple and Pfizer so that even when the stocks crash you can still get the dividends. I think this strategy is good for smoothing out risk. It might sacrifice a little return but I place high value on sleeping at night!
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05-22-2018, 12:11 PM
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#127
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Thinks s/he gets paid by the post
Join Date: Dec 2017
Posts: 2,533
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Quote:
Originally Posted by Danie424
I am sure to also own individual stocks that pay dividends like ATT, Apple and Pfizer so that even when the stocks crash you can still get the dividends. I think this strategy is good for smoothing out risk
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I HATE getting dividends and having to pay taxes on them when the market's down, as the investment is at a loss. If you don't retain the dividends in the stock, you're getting hit with both taxes on what I consider a loss, and at the same time, not allowing the value of the dividend shares to recover. IMHO, it's a bad practice to take out dividends and not reinvest them in down markets. Other opinions?
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05-22-2018, 12:17 PM
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#128
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,001
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Quote:
Originally Posted by HNL Bill
I HATE getting dividends and having to pay taxes on them when the market's down, as the investment is at a loss. If you don't retain the dividends in the stock, you're getting hit with both taxes on what I consider a loss, and at the same time, not allowing the value of the dividend shares to recover. IMHO, it's a bad practice to take out dividends and not reinvest them in down markets. Other opinions?
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If shares are down I’m buying more stock due to rebalancing, so no this is not a biggie for me.
__________________
Retired since summer 1999.
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05-22-2018, 12:19 PM
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#129
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gone traveling
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 744
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Even if we experience a doomsday here at least I have a wife that could handle it, she’s used to bartering, selling, farming, making your own, even with a catastrophe here we’d still be ahead of the times compared to her Thailand village life. No gas, no electric, no stores, no problem, that’s how she’s lived for 40 years.
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05-22-2018, 12:34 PM
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#130
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by Mark24609
For some reason, squirrel sounds tasty, like Frog legs which I love
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Not even remotely the same. But both are good!
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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05-22-2018, 12:36 PM
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#131
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by Huston55
Not to further derail this thread (hard to do at this point ). But....that scene in Castaway is one of my favorites. It’s the first scene when time is fast forwarded. He’s a lean, mean survival machine; he’s learned to fashion a multiprong fishing spear & gets his prey on the first throw; then, the utter resignation on his face as he eats the fish raw tells us everything we need to know about his feelings on his predicament. That one short scene speaks volumes and is a microcosm of the entire movie.
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On the other hand, many of us spend meaningful money to eat raw fish called sashimi.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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05-22-2018, 12:40 PM
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#132
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by 97guns
I’ll stick to my cases of toilet paper in the attic, makes for great insulation and I figure I can trade a roll for some frog legs or a squirrel post doomsday
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no way José. Most of the world does without tp, and none of us can do without food, at least not long unless we start out plenty fat.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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05-22-2018, 12:46 PM
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#133
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Location: yonder
Posts: 2,851
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__________________
When the people shall have nothing more to eat, they will eat the rich--philosopher Jean-Jacques Rousseau
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05-22-2018, 05:15 PM
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#134
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,501
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Quote:
Originally Posted by haha
no way José. Most of the world does without tp, and none of us can do without food, at least not long unless we start out plenty fat.
Ha
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I'm not fat. I am famine resistant.
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05-22-2018, 06:22 PM
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#135
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by joeea
I don't think I'd like eating city sewage... but that's just me.
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Quote:
Quote:
Originally Posted by samclem
With a bit of sewage as an appetizer, the squirrel will taste fantastic.
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Hold the sewage. I will just have my squirrel straight, please!
There's a dish in the world, which I have never come close to, which is reportedly as smelly as sewage! I don't care what it tastes like, that smell would trigger my gag reflex.
With squirrel which I have not had, I am sure the meat will be fine, and with the right seasoning, it is most likely a good eat.
__________________
"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)
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05-22-2018, 06:51 PM
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#136
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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This thread has gone down the drain.
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05-22-2018, 07:05 PM
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#137
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Full time employment: Posting here.
Join Date: Oct 2007
Posts: 798
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Flush twice and then check again. As for famine, that doesn’t affect those who are breatharians.
__________________
Mission accomplished - not necessarily ER, but certainly R.
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05-22-2018, 07:23 PM
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#138
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,472
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I saw an extremely large grey squirrel on my driveway this afternoon. He looked me in the eye, but did not seem very scared of me at all. He probably reads the forum and knew he was completely safe.
Quote:
Originally Posted by NW-Bound
There's a dish in the world, which I have never come close to, which is reportedly as smelly as sewage! I don't care what it tastes like, that smell would trigger my gag reflex.
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Are you thinking of balut? I have heard some descriptions like that, but have never eaten it myself.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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05-22-2018, 07:57 PM
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#139
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Quote:
Originally Posted by NW-Bound
With squirrel which I have not had, I am sure the meat will be fine, and with the right seasoning, it is most likely a good eat.
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Squirrel is very tasty. It reminds me of dark meat chicken, but it is richer and somewhat more flavorful. Squirrel and dumplings and squirrel pot pie are hard to beat, and of course they are great in gumbo.
About 2nd or 3rd grade my youngest had to do an "all about me" assignment and one of the questions was what is your favorite food (squirrel pot pie)? So my wife had to face the teacher when she asked (in a genteelly horrified tone), "does your family eat squirrel?"
I would have paid good money to see that go down.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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05-22-2018, 07:58 PM
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#140
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Recycles dryer sheets
Join Date: Jan 2017
Posts: 129
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Quote:
Originally Posted by Mark24609
Does anyone ever worry about their portfolio?
Let’s say an investor with a $3,000,000 portfolio has 40% in stocks, which is the recommended allocation from many financial advisors for retirement. I often hear take the number 100 subtract your age and that is the allocation you should have for stocks. Age 60 means 100 - 60 = 40%. You decide to retire at age 60. It is the day before you retire. You have your retirement party and everyone says their goodbyes. You have no pension. You wake up the next day after some world event transpired followed by terrible earnings reports from your favorite companies. The market tanks 10%. The spiral downward continues dropping a total of 45% in two years, and then it takes four years for recovery.
40% means you have 1,200,000 invested in the stock market. After the drop, that leaves you with $720,000 still invested in the stock market and a loss of $480,000 in your portfolio. Because inflation has also picked up your bond portfolio drops 5% in the same time period. That’s an additional $90,000 ($1,800,000 * .05) drop. You have now lost $570,000. That once magnificent $3,000,000 portfolio just left you with $2,430,000 but wait, you still have to live. We have to subtract $94,000 (my estimated annual living expenses) for the two years of drop and the four years of recovery, a total of 6 years (we won’t take any inflation adjustment) that’s an additional $564,000 we have to subtract in a bear market. We became eligible for Social Security at age 66, one year before the recovery so we add 50,000 back’ (amount my wife and I should receive) Now we have $1,916,000. During the course of six years, more than a third of your portfolio vanished.
That means to make back your $1,084,000, your portfolio has to increase more than 33%. Of course, you may have had a heart attack before all this is finished in which case you no longer have to worry.
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move money to cash or principal protected vehicles.
Savings account, CD's, Fixed annuities, fixed index annuities,
for a period you're comfotable with.
or better yet ..find a way to earn some passive income
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