fabijo's account talk

[fabijo]

That's right Birch. I can stomach the pain. If I had some money to spare, I'd also start buying some of these dirt cheap stocks out there right now. It actually might be a good time to be investing in a Roth IRA, knowing that prices will shoot up in the coming years and I won't have to pay taxes on those gains.

 

[fabijo]

Well, I just initiated an IFT to take place on Monday. Going from 100% C to 100% I. Why the heck not? The dollar is hitting resistance at this point. Not that it matters, because the moment I made this decision, we're bound to see the dollar shoot up from here.

 

[Rod]

Well, I just initiated an IFT to take place on Monday. Going from 100% C to 100% I. Why the heck not? The dollar is hitting resistance at this point. Not that it matters, because the moment I made this decision, we're bound to see the dollar shoot up from here.

You just wait... the (I) Fund will be an excellent place to be once hyperinflation kicks in because of the stimulus bill!

 

[justbizness45]

That's right Birch. I can stomach the pain. If I had some money to spare, I'd also start buying some of these dirt cheap stocks out there right now. It actually might be a good time to be investing in a Roth IRA, knowing that prices will shoot up in the coming years and I won't have to pay taxes on those gains.

I just opened a Roth for my wife and I a few weeks ago. They are small accounts but we are putting as much as we can each payday into them. We opened our accounts through Zecco. $4.50 a trade no minimum starting balance. Buy where and when you can even if it's little nibbles.

 

[Boghie]

The 'I Fund' - Icky

Well, I just initiated an IFT to take place on Monday. Going from 100% C to 100% I. Why the heck not? The dollar is hitting resistance at this point. Not that it matters, because the moment I made this decision, we're bound to see the dollar shoot up from here.

The dollar is gaining in relative terms against the EuroTrash currency and the Pound. Those economies are far more statist than ours, far less flexible, and far more political. They will absolutely crash before ours does. What makes Italy or Gordon Brown's England seem like a good investment?

Yikes, there is no place to hide

 

[fabijo]

You just wait... the (I) Fund will be an excellent place to be once hyperinflation kicks in because of the stimulus bill!

That's right. Especially if China and Japan decide not to fund our efforts, we'll be in a world of doo doo. Fire up those printing presses!!

 

[fabijo]

I just opened a Roth for my wife and I a few weeks ago. They are small accounts but we are putting as much as we can each payday into them. We opened our accounts through Zecco. $4.50 a trade no minimum starting balance. Buy where and when you can even if it's little nibbles.

I remember when Zecco first started. I was going to start an account with them. They had it where the first 40 trades in a month were free. But at $4.50 a trade, you can't go wrong. I just might open an IRA through them. Thanks for reminding me about 'em.

 

[fabijo]

Re: The 'I Fund' - Icky

Yikes, there is no place to hide

Get yourself a good assault rifle, plenty of ammo, some flint, hunting knives, and just go. Go where no man or woman will go. :nuts:

 

[Boghie]

Militia Retreat

Just got back from a 'militia retreat' in the Idaho mountains - yuk, yuk:nuts:

I'd probably accidentally shoot myself with that shotgun you mention. Be sittin' on my porch, somewhere in the mountains, scratchin' my b@11s, in a stained wife-beater tee shirt. Dirty Harry would use the muzzle of his ‘44 to turn me over and say something snarky!!!

Just saying, I wouldn’t touch the ‘I Fund’ with that shotgun. Too many pictures of Gordon Brown crying to give me confidence. I’ll just hang out here on the lilly pad till President Obama requires a short term loan from my ‘G Fund’ assets – then it all goes into the ‘F Fund’.

 

[fabijo]

Welcome, China! Come to America and buy us up!

http://www.sino-usa.org/aifsexpo/

and a vid:

 

[WorkFE]

At least they are not making up a social security number and buying it in my name.
Is it even possible to buy a house in China?

 

[fabijo]

At least they are not making up a social security number and buying it in my name.

Amen, amen!

 

[Boghie]

The Chinese are Buying!!! The Chinese are Buying!!!

Welcome, China! Come to America and buy us up!

Didn't we hear the same concerns 15 years ago.

From the land of the rising sun.

Not so much now.

Google Pebble Beach property sales to see how that came along :toung:

The Chinese are buying American because they are in trouble. Their little Viagra Stimulus (a paltry $425 Billion!) is going to falter soon. They ain't got nuthin if we ain't buying their crapolla. We ain’t buying anyone’s crapolla anymore. We is broke for a while. Big party. Lots of people, pizza, beer – new carpets, fixing the holes in the wall, bailing friends out of the slam, paying off the drug pushers and loan sharks. Thus, no money going for fine Chinese Lead Based Toys. So, the Chinese autocrats and entrepreneurs are just trying to hide assets from their Kleptocracy while the hiding is good. Wouldn't you hide your nouveau riche assets in another country if your government had a history of seizing assets and clamping down on the prosperous?

 

[fabijo]

Re: The Chinese are Buying!!! The Chinese are Buying!!!

Didn't we hear the same concerns 15 years ago.

From the land of the rising sun.

Not so much now.

Google Pebble Beach property sales to see how that came along :toung:

The Chinese are buying American because they are in trouble. Their little Viagra Stimulus (a paltry $425 Billion!) is going to falter soon. They ain't got nuthin if we ain't buying their crapolla. We ain’t buying anyone’s crapolla anymore. We is broke for a while. Big party. Lots of people, pizza, beer – new carpets, fixing the holes in the wall, bailing friends out of the slam, paying off the drug pushers and loan sharks. Thus, no money going for fine Chinese Lead Based Toys. So, the Chinese autocrats and entrepreneurs are just trying to hide assets from their Kleptocracy while the hiding is good. Wouldn't you hide your nouveau riche assets in another country if your government had a history of seizing assets and clamping down on the prosperous?

good point.

 

[Boghie]

'The Fourth Turning'...

Anyone around here read 'The Fourth Turning'?

We are smack dab in the middle of one.

The last one was the 30s/40s

Before that the Civil War

Revolutionary War

War of Roses

So On

'The Fourth Turning' is a time of massive social, economic, and military upheaval. Ah, interesting times we live in. Interesting times...

 

[fabijo]

Re: 'The Fourth Turning'...

Anyone around here read 'The Fourth Turning'?

We are smack dab in the middle of one.

The last one was the 30s/40s

Before that the Civil War

Revolutionary War

War of Roses

So On

'The Fourth Turning' is a time of massive social, economic, and military upheaval. Ah, interesting times we live in. Interesting times...

I'll have to read that. So, are we going through something like this:

http://www.imeem.com/people/F7VPsO7/video/xDmSik9t/nemesis-djhives-anarchy-art-video/

 

[Boghie]

Re: 'The Fourth Turning'...

Doubt it...

The end result of WWII and the Depression was a better world.
The end result of the Civil War was a better America.
The end result of our Revolution was Democracy.
The end result of The War of Roses was English Parliament.

I just expect hard times – not end times. We’ve all had hard times. Most of the time we come out of them better and more resilient. Our culture is similar. At the end of this period we will have dealt with many cultural, economic, and national faults. Progress.

Just watching.

Eyes wide open…

 

[fabijo]

Re: 'The Fourth Turning'...

Doubt it...

The end result of WWII and the Depression was a better world.
The end result of the Civil War was a better America.
The end result of our Revolution was Democracy.
The end result of The War of Roses was English Parliament.

I just expect hard times – not end times. We’ve all had hard times. Most of the time we come out of them better and more resilient. Our culture is similar. At the end of this period we will have dealt with many cultural, economic, and national faults. Progress.

Just watching.

Eyes wide open…

The better world comes after some crazy times. That video just shows what needs to happen before the "better" world comes. Some people think (and could partially be right) that the masses are holding this world back from progress. I'm sure some of the people up top just wish we'd all kill ourselves so progress can move on. One way to get us to kill ourselves would be to drive us to riots and temporary anarchy.

 

[RunningFool]

I think the official elitist line is that there should be no more than 500 Million folks in the world. That means for every 13 folks, 12 have got to go. Guess that would solve alot of their problems. Shoot that would even solve the Social Security shortage issue.

 

[Boghie]

11 out of 12...

RunningFool,

Our luck would be that only those that pay into Social Security would be part of the Great Extinction...