Operation Blood in the Streets

[clearconscience]

The one guarantee you have with the economy is that if it goes up, it will come back down.
We are due for a recession which will probably come after the election.

I honestly don't think it will be as bad as 2008, but construction jobs which are BOOMING right now will dry up.
And welfare programs will balloon.

You have a lot of untalented labor making a lot more money than their worth. And when the crash happens the repo men will do really well taking those big fancy trucks.

 

[Flymph]

The one guarantee you have with the economy is that if it goes up, it will come back down.
We are due for a recession which will probably come after the election.

I honestly don't think it will be as bad as 2008, but construction jobs which are BOOMING right now will dry up.
And welfare programs will balloon.

You have a lot of untalented labor making a lot more money than their worth. And when the crash happens the repo men will do really well taking those big fancy trucks.

Living debt free may be hard at times, but it sure is nice in situations like you suggest!

 

[CountryGent]

Living debt free may be hard at times, but it sure is nice in situations like you suggest!

It was not easy getting debt free, but we are; zero debt of any kind. Including acreage and home owned free and clear. Took great striving over a few years, but worth the effort, planning, investing, and then execution. When the dark times return, and they will return soon enough, being unfettered is a good thing. Well wishes, friends.

 

[The Heretic]

 

[Rickenbacher39]

Stock market?
Sorry, I don't gamble.

 

[CountryGent]

Stock market?
Sorry, I don't gamble.

Using a century worth of data, the average annual return from the stock market, measured by the S&P 500 index, is 10%. Long term government bonds, over the same period, between 5 and 6%.

By contrast the house edge for blackjack and roulette is around 0.5% and 5.26%, respectively.

Apples and oranges.

 

[nehalemguy]

Stock market?
Sorry, I don't gamble.

Lol....there is more than one way to make money in the stock market. Personally I like stocks that pay me money for simply owning them.

One of the stocks that I hold....Weyerhaeuser....paid me a quarterly dividend of .34 cents per share this morning. It is a stock that I have held for some time now and has paid a quarterly dividend since before 2011.......regardless of what the daily share price may be. Based on today's price ($27.80) it is a 4.9% annualized yield which is far better than you will get from any CD or savings account.

E

 

[Flymph]

Lol....there is more than one way to make money in the stock market. Personally I like stocks that pay me money for simply owning them.

One of the stocks that I hold....Weyerhaeuser....paid me a quarterly dividend of .34 cents per share this morning. It is a stock that I have held for some time now and has paid a quarterly dividend since before 2011.......regardless of what the daily share price may be. Based on today's price ($27.80) it is a 4.9% annualized yield which is far better than you will get from any CD or savings account.

E

Do they give you a free pass for being a shareholder?
I might have to buy in!

 

[JadeFox]

Great thread. Our high-yield utilities have weathered a number of ups and downs over the years. One doubled and split a number of times until an off-shore utility holding company bought that entire utility out at a premium and we cashed out our mortgage. Automatic dividend reinvestment is a powerful way to grow your holdings. Diversify with energy (oil and natural gas) and tech. The only metals I am interested in are copper and lead. OLN usually does well during violent social upheaval. CAT and DE do well during hurricane seasons and around disasters. Read as much as you can and study sector opportunities.

 

[The Heretic]

Yes, the stock market is a gamble, but in favor of the gambler more than the 'house', as long as you are willing and able to 'let it ride', and don't get foolish with your investments. Buy low, sell high, buy on average and don't panic.

As mentioned, the average over time is 7-10%, but you have to be able to leave your funds invested and not panic during 'corrections' like many people have done. I've seen what I had in the market lose suddenly lose value over a year or two, by about 40-50%, then come back (and then some) in the next year or two. I've seen my investments double in value over 5-10 years (you have to make 7% to double your value in 10 years).

Real estate is a 'gamble' too, so is investing in firearms (ask anybody who bought an AR-15 at $1K some years back) - I have rifles that I bought for well under $1K that are now worth well over $3K, and a rifle I bought for $3K that can't seem to sell for $2500 even though they still retail for $3K.

My best investment so far has been real estate. Not only has it appreciated in value, but it is useful - when I sell it, I will not only have made money on it, but even counting interest payments and taxes, I will have lived here for free, after I sell it. I not only have more equity then I have paid into the mortgage and down payment, I have earned another $100K (before taxes) by selling off some timber.

I wish I had been smarter when I was younger and invested more in 401Ks/etc. Had I done so, instead of spending money on guns and ammo, etc., I would be much better off now. Coulda, shoulda, woulda.

 

[Flymph]

Yes, the stock market is a gamble, but in favor of the gambler more than the 'house', as long as you are willing and able to 'let it ride', and don't get foolish with your investments. Buy low, sell high, buy on average and don't panic.

As mentioned, the average over time is 7-10%, but you have to be able to leave your funds invested and not panic during 'corrections' like many people have done. I've seen what I had in the market lose suddenly lose value over a year or two, by about 40-50%, then come back (and then some) in the next year or two. I've seen my investments double in value over 5-10 years (you have to make 7% to double your value in 10 years).

Real estate is a 'gamble' too, so is investing in firearms (ask anybody who bought an AR-15 at $1K some years back) - I have rifles that I bought for well under $1K that are now worth well over $3K, and a rifle I bought for $3K that can't seem to sell for $2500 even though they still retail for $3K.

My best investment so far has been real estate. Not only has it appreciated in value, but it is useful - when I sell it, I will not only have made money on it, but even counting interest payments and taxes, I will have lived here for free, after I sell it. I not only have more equity then I have paid into the mortgage and down payment, I have earned another $100K (before taxes) by selling off some timber.

I wish I had been smarter when I was younger and invested more in 401Ks/etc. Had I done so, instead of spending money on guns and ammo, etc., I would be much better off now. Coulda, shoulda, woulda.

Don't discourage me!

 

[USMC1911]

Waiting to purchase one or a couple of commercial property's once the time is right. I always play the market although less the last several months as work has been crazy busy and just don't have the time to research or actively trade.

 

[ZigZagZeke]

I put $7500 into Apple stock in 2003 at $15. That got me 500 shares. Since that time it has split twice, once 2:1, and another time at 7:1. That's 7000 shares. Currently, Apple is a little over $200 per share. I've ridden out a lot of negative news, including the 2008 recession. I don't tend to sell on cyclical speculation.

 

[E4mafia]

If theres to be blood in the streets im going to be investing in more super male vitality and water filters from alex jones.

And likely a good NBC suit and a small raft vessel. Rather not be wading around in blood born pathogen streets. Will monopoly money have a good return since we basically just put faith behind a piece of paper anyways? age old method. Also how long would blood filled streets stay...bloody? doesn't it coagulate after a certain amount of hours outside the human body?.

Any suggestion on waders to get or boots and exactly how high and whose a trustworthy brand that keeps liquids out. Thanks!

 

[CountryGent]

I'm not discouraged. The stock and bond market has been the best vehicles for building wealth and wiping out debt. A combination of aggressive early repayment (50-100% extra principal on each monthly payment) and a building up and eventually utilizing a portfolio dubbed "mortgage killer" took out a 30-year mortgage in five years, one month, and two weeks from the origination date. There is no way, mathematically, regular savings could have accomplished that. Favorable market conditions? Very much so, but that doesn't matter because it worked out.

We just played the casino last night; the blackjack table was a bloodbath, roulette (curiously) was much better, and the wife at poker did so-so. That is gambling; a little silly entertainment at low stakes, that doesn't amount to anything. Investing is a whole 'nother that involves doing a rigorous amount of homework, being honest with oneself about risk tolerances, patience, and never letting emotion get into the mix.

In the interest of honesty, we've pulled back in recent months to "safe" investments; mainly waiting for the next collapse, then will rush in and buy up the bargains. YMMV.

 

[Kruel J]

Better than Operation Blood in the Urine.

 

[aksu747]

The only thing I prepare for is the total collapse of modern society and the mark of the beast in the Bible as mentioned in Revelation chapter 13. Both of which are situations my faith in the Lord and my ammo will come in handy.

Everything else I'm not worried about in the slightest. God provides all that I need.

 

[CountryGent]

The only thing I prepare for is the total collapse of modern society and the mark of the beast in the Bible as mentioned in Revelation chapter 13. Both of which are situations my faith in the Lord and my ammo will come in handy.

Everything else I'm not worried about in the slightest. God provides all that I need.

Huh?

 

[nammac]

The only thing I prepare for is the total collapse of modern society and the mark of the beast in the Bible as mentioned in Revelation chapter 13. Both of which are situations my faith in the Lord and my ammo will come in handy.

Everything else I'm not worried about in the slightest. God provides all that I need.

Amen Brother, by the grace of God, His provision and protection has been sufficient. May His abundant blessing continue upon those who believe, even as prophecy is fulfilled.

 

[Heyjoe]

Real property, way out in the boonies.