The Original O'l Farts Club.

[kevinn]

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Another perspective. Personally, I have no opinion regarding Bolton. All is horsefeathers and poppycock to me.

Got fired and he has been pissed about it ever since.

 

[Putembk]

The average wind turbine,windmill, uses over 250 tons of steel that required 300 tons of iron produced from170 tons of coking coal. This is all mined,shipped, and produced by using oil. Each and every windmill could run until it self destructs and still never generate the energy it took to build it.

Not efficient!

 

[Countryboy]

What to do…..the unknown scares me…..

Ever thought about dividend stocks?

 

[Janborrego]

GM

 

[cola]

I was asking cola that question but good to see you pop in Ben , always a pleasure

but yeah , a few years back I was day trading using Fidelity , Ameritrade , and E-Trade , watching the charts and all that stuff , mostly all in the Precious Metals companies , Goldfield , Newmont , and host of other miners

heady days when gold was trying to break through the $300 dollar barrier and silver trying to bust loose from $5 dollars an ounce…

I hope you make a million trading Ben!..

Here's a fact: 98% of people who "day trade" stocks lose all their money. 99% of opetion traders. R U Feeling Lucky?

 

[Putembk]

Ever thought about dividend stocks?

Explain

 

[Countryboy]

Some of what you state is true. I still, however, use cash, and paper bank statements. Electricity can turn off. We have been using fiat for how long now? And the whole world is using it. Simple question: Why do the richest & presumably smartest folks on the planet prefer to keep & store the vast amount of their wealth in US Dollars?? Good question!!

Since Nixon took us off the gold standard in 1971. It started in 1933 but Nixon stuck a fork in it.

 

[Putembk]

Ever thought about dividend stocks?

I am looking at an oil company…..5 year bonds, gold and maybe crypto

 

[Old Uncle Ben]

I was asking cola that question but good to see you pop in Ben , always a pleasure

but yeah , a few years back I was day trading using Fidelity , Ameritrade , and E-Trade , watching the charts and all that stuff , mostly all in the Precious Metals companies , Goldfield , Newmont , and host of other miners

heady days when gold was trying to break through the $300 dollar barrier and silver trying to bust loose from $5 dollars an ounce…

I hope you make a million trading Ben!..

Thanks. Mainly do it for the challenge, for fun. I transferred/closed out a couple of accounts, use Etrade. 90% of being a successful stock trader/investor is not getting emotional....learning how to handle one's impulses. Learned the hard way!

Make money!

 

[Countryboy]

Here's a fact: 98% of people who "day trade" stocks lose all their money. 99% of opetion traders. R U Feeling Lucky?

Anyone can make money in an 'up' market.
I recall sitting around a dinner table when my GF's father announced he'd lost $500k day-trading during the dot.com bubble. Her mother left the table to vomit.

 

[Old Uncle Ben]

The average wind turbine,windmill, uses over 250 tons of steel that required 300 tons of iron produced from170 tons of coking coal. This is all mined,shipped, and produced by using oil. Each and every windmill could run until it self destructs and still never generate the energy it took to build it.

Whole green energy thing is a feel good scam. What to do with EV batteries, etc. Child labor in the Congo, etc.

 

[bigsur51]

Since Nixon took us off the gold standard in 1971. It started in 1933 but Nixon stuck a fork in it.

some say it all started in 1913 on Jekyll Island with the beginning of the Federal Reserve

off to the salt mines!..

 

[Old Uncle Ben]

Anyone can make money in an 'up' market.
I recall sitting around a dinner table when my GF's father announced he'd lost $500k day-trading during the dot.com bubble. Her mother left the table to vomit.

I understand but some how, some way he fucked up, got stupid.

 

[Old Uncle Ben]

some say it all started in 1913 on Jekyll Island with the beginning of the Federal Reserve

off to the salt mines!..

Powell's a fuck up. During the last 1/4 pt. lowering and his public appearance he was asked if he would step down. Hell no! Gonna be interesting watching the cat fight come Jan. LOL between him and Trump.

 

[Putembk]

Powell's a fuck up. During the last 1/4 pt. lowering and his public appearance he was asked if he would step down. Hell no! Gonna be interesting watching the cat fight come Jan. LOL between him and Trump.

Powell is on an Island…… gonorrhea, hysterectomy, adios…….

 

[Dime]

I am looking at an oil company…..5 year bonds, gold and maybe crypto

Real estate seems like the great option so far, that may change though, but for a few years you could make a killing over night.

 

[Countryboy]

Explain

Dividend stocks tend to pay a high dividend over a long period of time. I've got my eye on 2 I'll probably put some money into next week. They pay 7-9%.

 

[cola]

I am looking at an oil company…..5 year bonds, gold and maybe crypto

Do yourself a favor Pute. You are old. You need capital preservation, not wealth. Invest in US government bonds: TIPS.

 

[Countryboy]

I am looking at an oil company…..5 year bonds, gold and maybe crypto

I looked up the financials of the company you were talking about before with great returns. I wouldn't touch it, but your mileage may vary.

 

[Countryboy]

Real estate seems like the great option so far, that may change though, but for a few years you could make a killing over night.

Maybe residential but commercial is a mess and gonna get worse.