Bought some gold today

[corn18]

Are those inflation adjusted returns? While compound interest is the 8th wonder of the world, inflation is it’s evil nemesis....

[corn18]

A major problem with carrying debt into retirement is Sequence of Returns Risk (SORR). Without a mortgage, you can take a 40% hit in equities and maybe...

[corn18]

The 2008-2009 collapse was not caused by bad loans. Had it just been bad loans, we would have had just a normal recession, not a great recession with...

[corn18]

Those were tough times for folks that counted on the average return to make retirement work.

...

[corn18]

Red flags:

1. Son is part-owner and not providing human capital but likely providing opinions
2. By adding you, they are adding...

[corn18]

I think this knee jerk move clearly demonstrates I should stick to index investing. My personality works much better with buy and hold. Kind of like...

[corn18]

2% on Fidelity CC. I could get 2.5% on my USAA card but it requires a direct deposit and that complicates my life. Both are no fee. Also have a Citi...

[corn18]

Well, I lost my nerve and cancelled the order. Cost me $35 to cancel. I would learn to follow my usual signature: Don't do something, just stand t...

[corn18]

I would have to buy 660 lbs of silver...

[corn18]

It's <10% of my portfolio, so not a big needle mover. If gold goes up 10%, I might sell out. I really need to write down an exit plan as this is...

[corn18]

I still don't know nothin' but I do own almost 7 lbs of gold....

[corn18]

I bought 100 x 1oz US Gold Eagle (6.857 lbs of gold) coins today from APMEX. This is a very unusual move for me. Gold is not in my Investment Policy Statement...

[corn18]

And to say that with a little will there is a way to make money on individual stocks is arrogant. I have a lot of will and I won't touch them....

[corn18]

I am going to assume we are talking about stocks, since this is a stock thread.

Then why aren't all the Joe's with a will rich? I do not...

[corn18]

But they get their 1% whether they make money or not. What a racket. Give me 1% of your money and I will make you less money than if you had done it...

[corn18]

And for every one of these guys that strike it rich, there are 10 others that lost their arse. Thank goodness for stories like this. It's what keeps...

[corn18]

I am confident we will never find out. There will always be sufficient active investment to drive price discovery driven by greed. And TexasHusker is...

[corn18]

I am counting on the myriad folks that think they can beat the average. They move the market and execute price discovery. 100% indexing would be a ...

[corn18]

No one pays taxes on their full income, high income or not....

[corn18]

We did it with a combo of high income and controlled spending. From the graph, you can see we were still running a negative net worth even with a $300k...