View Poll Results: Do you expect high inflation to be a problem sometime within the next five years?
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Yes
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122 |
72.19% |
No
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47 |
27.81% |
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10-06-2012, 02:49 AM
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#61
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,193
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Quote:
Originally Posted by John Galt III
Mathjak107, Very interesting post. Thanks. What sorts of items fell in price? JG3
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im a wholesaler in the electrical industry and our products cover everything from wire to fittings to electrical controls and lighting.
almost all manufacturers have increased discounts or reduced pricing to spur more business. we are finding the market has no bottom when it comes to purchasing today.
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10-06-2012, 02:53 AM
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#62
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,193
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Quote:
Originally Posted by web_diva
I am employing the asset allocation in Harry Browne's Permanent Portfolio.
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going on 25 years now that at least a portion of my nest egg stays put in it.
i have averaged over 9% for 25 years with little volatility. may be rough sledding a head with bonds peaking out but like i said negative rates seem to be coming more and more common and with them more capital gains for us.
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10-06-2012, 07:45 AM
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#63
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,671
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Quote:
Originally Posted by mathjak107
im a wholesaler in the electrical industry and our products cover everything from wire to fittings to electrical controls and lighting.
almost all manufacturers have increased discounts or reduced pricing to spur more business. we are finding the market has no bottom when it comes to purchasing today.
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Not surprising. I used to work for A-B and times like this the discounting was heavy. We offset the pricing by moving more production to Mexico and Asia. When the contractor market dries up, even the industrial side gets hammered - especially in the commodity type goods. This on top of a shift from NEMA to IEC which tended to also drive pricing down.
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10-06-2012, 11:08 AM
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#64
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,130
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I voted Yes in the original poll, and I'm glad that I was wrong as my pension is not COLA'ed.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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10-06-2012, 02:46 PM
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#65
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,193
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Quote:
Originally Posted by jebmke
Not surprising. I used to work for A-B and times like this the discounting was heavy. We offset the pricing by moving more production to Mexico and Asia. When the contractor market dries up, even the industrial side gets hammered - especially in the commodity type goods. This on top of a shift from NEMA to IEC which tended to also drive pricing down.
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i was an allen bradley distributor for 25 years in new york city. now i switched hats and am a siemens distributor..
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10-07-2012, 01:24 AM
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#66
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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This is my view also.
Quote:
Originally Posted by MichaelB
Low real growth, moderate inflation. The US continues to see an overall decline in standard of living. Perhaps by the second half of the decade things start to pick up.
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__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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