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Re: Markets tomorrow
[Re: JohnnyLoco]
#4175942
08/05/24 02:53 PM
08/05/24 02:53 PM
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Joined: Jul 2020
Posts: 765
Wilcox County
hamma
4 point
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4 point
Joined: Jul 2020
Posts: 765
Wilcox County
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You’ll need the same type insider for the metal business if the bottom falls out because they will give you what they want, not market value. Loco, tell us all the secret to retiring at 39????
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Re: Markets tomorrow
[Re: hamma]
#4175946
08/05/24 03:04 PM
08/05/24 03:04 PM
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Joined: Mar 2018
Posts: 16,939
Banana Republic
jb20
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2018
Posts: 16,939
Banana Republic
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You’ll need the same type insider for the metal business if the bottom falls out because they will give you what they want, not market value. Loco, tell us all the secret to retiring at 39???? Join military at 19 lol
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
Ben Franklin
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Re: Markets tomorrow
[Re: hamma]
#4175956
08/05/24 03:24 PM
08/05/24 03:24 PM
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Joined: May 2018
Posts: 4,155
Banks of Little River
JohnnyLoco
10 point
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10 point
Joined: May 2018
Posts: 4,155
Banks of Little River
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You’ll need the same type insider for the metal business if the bottom falls out because they will give you what they want, not market value. Loco, tell us all the secret to retiring at 39???? Determine wants -vs- needs then get rid of “greed” Get a job or three 🤣😂🤣
Last edited by JohnnyLoco; 08/05/24 03:45 PM.
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Re: Markets tomorrow
[Re: JohnnyLoco]
#4175962
08/05/24 03:32 PM
08/05/24 03:32 PM
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Joined: Mar 2012
Posts: 4,438
Here
Okatuppa
10 point
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10 point
Joined: Mar 2012
Posts: 4,438
Here
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You’ll need the same type insider for the metal business if the bottom falls out because they will give you what they want, not market value. Not for the type of metals that I have. 😁
I ain't fightin nobody that swings around in trees with a running chainsaw like Tarzan. - FurFlyin
Oh I just thought u were a dumba$$ 🤣 my apologies… - jb20
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Re: Markets tomorrow
[Re: Okatuppa]
#4175963
08/05/24 03:34 PM
08/05/24 03:34 PM
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Joined: May 2018
Posts: 4,155
Banks of Little River
JohnnyLoco
10 point
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10 point
Joined: May 2018
Posts: 4,155
Banks of Little River
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You’ll need the same type insider for the metal business if the bottom falls out because they will give you what they want, not market value. Not for the type of metals that I have. 😁 Mine neither ! I’m heavily invested in Lead and Unique
Last edited by JohnnyLoco; 08/05/24 03:35 PM.
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Re: Markets tomorrow
[Re: JohnnyLoco]
#4175967
08/05/24 03:48 PM
08/05/24 03:48 PM
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Joined: Feb 2015
Posts: 7,614
Meridianville
DryFire
14 point
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14 point
Joined: Feb 2015
Posts: 7,614
Meridianville
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The simple fact, if you aren’t invested in tangible items, its all make believe. Not exactly. I get a very nice check every 90 days from my stock dividend.
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Re: Markets tomorrow
[Re: DryFire]
#4175971
08/05/24 03:58 PM
08/05/24 03:58 PM
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Joined: Aug 2001
Posts: 72,315
Luverne, AL
Skinny
OP
GUVNER
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OP
GUVNER
Joined: Aug 2001
Posts: 72,315
Luverne, AL
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The simple fact, if you aren’t invested in tangible items, its all make believe. Not exactly. I get a very nice check every 90 days from my stock dividend. I know some folks who get some-folks yearly salary in a monthly dividend check. They are comfortably retired people.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Re: Markets tomorrow
[Re: Skinny]
#4175979
08/05/24 04:06 PM
08/05/24 04:06 PM
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Joined: Jul 2010
Posts: 9,846
B'ham
Goatkiller
14 point
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14 point
Joined: Jul 2010
Posts: 9,846
B'ham
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People invested in "land" can't seem to get their heads around the concept of a "return on investment"
$1, $10 or $10 million dollars invested at a less than 5% per annual return is also known as losing your ass. You'll be lucky to ever see 7% on average on land/timber if you are holding it. Around 7% for the average landowner is as good as it gets.
Anyone telling you it returns more than that is lying to you. I have thousands of acres and 50 years of internal data in Alabama to pull from. It's right here on my computer screen.
Timber has been a terrible investment over the last 20 years. Like many other industries that ship has sailed fellas.
No government employees were harmed in the making of this mess.
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Re: Markets tomorrow
[Re: Skinny]
#4175984
08/05/24 04:19 PM
08/05/24 04:19 PM
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Joined: Aug 2001
Posts: 72,315
Luverne, AL
Skinny
OP
GUVNER
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OP
GUVNER
Joined: Aug 2001
Posts: 72,315
Luverne, AL
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People who paid cash for real estate when Trump was in office are doing pretty good if they choose to sell today.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Re: Markets tomorrow
[Re: Goatkiller]
#4175991
08/05/24 04:34 PM
08/05/24 04:34 PM
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Joined: May 2018
Posts: 4,155
Banks of Little River
JohnnyLoco
10 point
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10 point
Joined: May 2018
Posts: 4,155
Banks of Little River
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People invested in "land" can't seem to get their heads around the concept of a "return on investment"
$1, $10 or $10 million dollars invested at a less than 5% per annual return is also known as losing your ass. You'll be lucky to ever see 7% on average on land/timber if you are holding it. Around 7% for the average landowner is as good as it gets.
Anyone telling you it returns more than that is lying to you. I have thousands of acres and 50 years of internal data in Alabama to pull from. It's right here on my computer screen.
Timber has been a terrible investment over the last 20 years. Like many other industries that ship has sailed fellas.
See, this is a prime example of a path to take or not take, I chose not to. People of this type mindset put a price on everything, “return” and “resale value” is a priority for their life. “Life” is my investment priority, they can’t grasp dat. When I buy a chunk of dirt, its for keeps, return on investment cannot be measured monetarily. After profiling individuals its really equated this way, after a long cold day’s hunt and skinning a deer, would you rather run up to town for some fries or cut your own potatoes, throw them in the grease whilst you sip good whiskey. Nuthin like Camp fries 🤣😂🤣😂
Last edited by JohnnyLoco; 08/05/24 05:21 PM.
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Re: Markets tomorrow
[Re: Skinny]
#4176067
08/05/24 06:25 PM
08/05/24 06:25 PM
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Joined: Dec 2014
Posts: 8,394
Boaz,AL
CarbonClimber1
14 point
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14 point
Joined: Dec 2014
Posts: 8,394
Boaz,AL
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When you poor you just dont care much…stuff is high even when it aint
"I dont quit.. And ill fight alone if i have to"
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Re: Markets tomorrow
[Re: CarbonClimber1]
#4176078
08/05/24 06:53 PM
08/05/24 06:53 PM
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Joined: Mar 2018
Posts: 11,485
Northwest Bama
Ridge Life
Booner
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Booner
Joined: Mar 2018
Posts: 11,485
Northwest Bama
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When you poor you just dont care much…stuff is high even when it aint I asked my granny one time what the Great Depression was like, she looked at me like I was an idiot and said, “ we never knew there was a depression around here. It all stayed the same.”
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Re: Markets tomorrow
[Re: Skinny]
#4176080
08/05/24 06:54 PM
08/05/24 06:54 PM
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Joined: Jun 2014
Posts: 4,752
Jasper Al
eclipse829
10 point
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10 point
Joined: Jun 2014
Posts: 4,752
Jasper Al
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I agree with Goatkiller and Loco.
I have have recreational land ( hunting land, lake property, etc.) And I have investment real estate (Commercial real estate). They are not the same.
Killing my neighbors deer since 1982
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Re: Markets tomorrow
[Re: Skinny]
#4176081
08/05/24 06:57 PM
08/05/24 06:57 PM
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Joined: Dec 2002
Posts: 12,583
Kennedy, al
globe
Booner
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Booner
Joined: Dec 2002
Posts: 12,583
Kennedy, al
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I bought land in 09, paid for it last year when I cut timber.
Wish I could do it 4-5 more times.
Everything woke turns to shucks
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Re: Markets tomorrow
[Re: wew3006]
#4176089
08/05/24 07:06 PM
08/05/24 07:06 PM
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Joined: Aug 2001
Posts: 72,315
Luverne, AL
Skinny
OP
GUVNER
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OP
GUVNER
Joined: Aug 2001
Posts: 72,315
Luverne, AL
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Warren Buffet holds more Treasury Bonds than the Federal Reserve Maybe he is the guy that started the Go Fund Me for the US Government. Its up to just under $2k with a goal of $35 trillion. Not kidding. https://x.com/IsleyResistance/status/1820468290940174555
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Re: Markets tomorrow
[Re: globe]
#4176096
08/05/24 07:13 PM
08/05/24 07:13 PM
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Joined: Jul 2011
Posts: 37,658
Boxes Cove
2Dogs
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 37,658
Boxes Cove
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I bought land in 09, paid for it last year when I cut timber.
Wish I could do it 4-5 more times. And you could probably sell the land after the cut for way more than you paid . Scratch that , Goatkiller says you can't make $ on land.
"Why do you ask"?
Always vote the slowest path to socialism.
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