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04-09-2020, 07:35 AM
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Join Date: Mar 2012
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Quote:
Originally Posted by 2FUEL
LOL... never said don't keep cash on hand. Simply. Investing in bullion is also a good move. Nothing more, nothing less. 
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wasn't directed at you.
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04-09-2020, 07:35 AM
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#21
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Ranked Audio Record 72 Won / 9 Lost
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Quote:
Originally Posted by 2FUEL
LOL... never said don't keep cash on hand. Simply. Investing in bullion is also a good move. Nothing more, nothing less. 
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wasn't directed at you.
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04-09-2020, 07:51 AM
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Join Date: Dec 1969
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Quote:
Originally Posted by Phil Banks
wasn't directed at you.
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Who's the other Irish person here?
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04-09-2020, 07:51 AM
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#22
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Ranked Audio Record 31 Won / 3 Lost
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Quote:
Originally Posted by Phil Banks
wasn't directed at you.
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Who's the other Irish person here?
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Online
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04-09-2020, 08:44 AM
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Join Date: Sep 2008
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Quote:
Originally Posted by Phil Banks
Pro Life Tip : Keep cash on hand no matter what the lil non rapping irish kid on the rap site says.
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Poor 2FUEL.
But yeah, you don't need cash on hand because it's 2020 and the world isn't going to collapse into anarchy. If it does, money is irrelevant and you'll probably die due to your countries over-reliance on importing anyways.
Quote:
Originally Posted by The Saaxxx Baba
Technicall speaking it is pretty simple. If have 10 bucks to invest this is what i would dp basically -
- firstly decide how long is my investment horizon or how long can i do without this said 10 bucks thats my investment horizon and the the longer the horizon the higher the risk i can take and vice versa
- second i would only invest 70% of it in tranches as and when the buying opportunities come until such time i did keep it in debt funds.
- the rest 30% i did use to hedge unforseen circustances. I personall prefer commodities and forex (US Dollar esp) and just use 5% for derivative measure which when leveraged basically give me another 30% of the 10 bucks gradually.
- after that only 10% of the 70% is used in trading per se generally.
- after all this liquidating the investment is done part by part too in order to save on taxes so lets say where most people stored the liquidate amount in their bank accounts i did do it in a debt funds for 3 years and save on taxes through liquidation.
The problem is a lot of self taught folks who think they too big for their shoes or have been misled by greedy brokers (which is basically ur CNBCs) take only one of the above mentioned steps to save on brokerages and satisfy their personal biases whilst losing a lot of money at the same time too.
Now the practical aspect of these things is the most important you gotta be in the know of things to be aware of when to make your moves for which you gotta choose the sources that u gather ur info from very very wisely !! For global economical news every corporate uses Bloomberg so do i and for the local ones i use exonomic time and bourses websites for stock specific technicals.
that which i have omitted in this post in terms of definitions can easily found on sites like investopedia, etc...
Yes this is a full time job. expect nothing less and consult professionals instead and learn from them until ur confident to take matters into ur own hands.
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"It's all quite simple"
"Posts entirely jargon based advice" haha.
Yeah it's interesting. I make quite a bit off of MMA betting though and dunno if I want to add anything extra in.
__________________
@mcg#3451
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04-09-2020, 08:44 AM
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#23
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Ranked Audio Record 1 Won / 0 Lost
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Join Date: Sep 2008
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5
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Posts: 2,443
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Quote:
Originally Posted by Phil Banks
Pro Life Tip : Keep cash on hand no matter what the lil non rapping irish kid on the rap site says.
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Poor 2FUEL.
But yeah, you don't need cash on hand because it's 2020 and the world isn't going to collapse into anarchy. If it does, money is irrelevant and you'll probably die due to your countries over-reliance on importing anyways.
Quote:
Originally Posted by The Saaxxx Baba
Technicall speaking it is pretty simple. If have 10 bucks to invest this is what i would dp basically -
- firstly decide how long is my investment horizon or how long can i do without this said 10 bucks thats my investment horizon and the the longer the horizon the higher the risk i can take and vice versa
- second i would only invest 70% of it in tranches as and when the buying opportunities come until such time i did keep it in debt funds.
- the rest 30% i did use to hedge unforseen circustances. I personall prefer commodities and forex (US Dollar esp) and just use 5% for derivative measure which when leveraged basically give me another 30% of the 10 bucks gradually.
- after that only 10% of the 70% is used in trading per se generally.
- after all this liquidating the investment is done part by part too in order to save on taxes so lets say where most people stored the liquidate amount in their bank accounts i did do it in a debt funds for 3 years and save on taxes through liquidation.
The problem is a lot of self taught folks who think they too big for their shoes or have been misled by greedy brokers (which is basically ur CNBCs) take only one of the above mentioned steps to save on brokerages and satisfy their personal biases whilst losing a lot of money at the same time too.
Now the practical aspect of these things is the most important you gotta be in the know of things to be aware of when to make your moves for which you gotta choose the sources that u gather ur info from very very wisely !! For global economical news every corporate uses Bloomberg so do i and for the local ones i use exonomic time and bourses websites for stock specific technicals.
that which i have omitted in this post in terms of definitions can easily found on sites like investopedia, etc...
Yes this is a full time job. expect nothing less and consult professionals instead and learn from them until ur confident to take matters into ur own hands.
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"It's all quite simple"
"Posts entirely jargon based advice" haha.
Yeah it's interesting. I make quite a bit off of MMA betting though and dunno if I want to add anything extra in.
__________________
@mcg#3451
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04-09-2020, 08:44 AM
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Join Date: Mar 2012
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Quote:
Originally Posted by 2FUEL
Who's the other Irish person here? 
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i dunno bro i figured Eth's affinity to rainbows made him Irish tbh
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04-09-2020, 08:44 AM
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#24
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Ranked Audio Record 72 Won / 9 Lost
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Quote:
Originally Posted by 2FUEL
Who's the other Irish person here? 
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i dunno bro i figured Eth's affinity to rainbows made him Irish tbh
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04-09-2020, 08:58 AM
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Quote:
Originally Posted by Phil Banks
i dunno bro i figured Eth's affinity to rainbows made him Irish tbh
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Stop biting @ RULE's wordplay.
But sick gay joke bro. Would probably hit harder if girls in your country could show their ankles without being stoned to death.
__________________
@mcg#3451
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04-09-2020, 08:58 AM
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#25
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Quote:
Originally Posted by Phil Banks
i dunno bro i figured Eth's affinity to rainbows made him Irish tbh
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Stop biting @ RULE's wordplay.
But sick gay joke bro. Would probably hit harder if girls in your country could show their ankles without being stoned to death.
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Offline
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04-09-2020, 11:45 AM
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Join Date: Mar 2019
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Quote:
Originally Posted by EtH
Poor 2FUEL.
But yeah, you don't need cash on hand because it's 2020 and the world isn't going to collapse into anarchy. If it does, money is irrelevant and you'll probably die due to your countries over-reliance on importing anyways.
"It's all quite simple"
"Posts entirely jargon based advice" haha.
Yeah it's interesting. I make quite a bit off of MMA betting though and dunno if I want to add anything extra in.
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if thats jargon based to you then yeah betting is probably the right option for you lol
__________________

*CUM SHOTS IN THE AIR*
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04-09-2020, 11:45 AM
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#26
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Quote:
Originally Posted by EtH
Poor 2FUEL.
But yeah, you don't need cash on hand because it's 2020 and the world isn't going to collapse into anarchy. If it does, money is irrelevant and you'll probably die due to your countries over-reliance on importing anyways.
"It's all quite simple"
"Posts entirely jargon based advice" haha.
Yeah it's interesting. I make quite a bit off of MMA betting though and dunno if I want to add anything extra in.
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if thats jargon based to you then yeah betting is probably the right option for you lol
__________________

*CUM SHOTS IN THE AIR*
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04-09-2020, 11:46 AM
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Join Date: Dec 1969
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Quote:
Originally Posted by Phil Banks
i dunno bro i figured Eth's affinity to rainbows made him Irish tbh
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LOL...
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04-09-2020, 11:46 AM
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#27
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Ranked Audio Record 31 Won / 3 Lost
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Quote:
Originally Posted by Phil Banks
i dunno bro i figured Eth's affinity to rainbows made him Irish tbh
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LOL...
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Online
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04-09-2020, 12:23 PM
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Join Date: Jan 2014
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money is a racist concept invented to opress our 12dimensional spirit minds
__________________
I'm retired from LetsBeef.
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04-09-2020, 12:23 PM
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#28
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money is a racist concept invented to opress our 12dimensional spirit minds
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I'm retired from LetsBeef.
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04-09-2020, 12:37 PM
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I’m pretty conservative. GE, Walmart, IBM, J and J, Disney...a little oil and a couple other blue chips in tech and retail. Got a guy to take care of it. It takes a lot of attention and time and knowledge that I don’t have enough of. I’d rather gamble on shit like sports that I know about and leave the bigger $ to someone I trust who will end up paying for himself.
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Remembering RULE Please join us in loving celebration of the memory of an accomplished and amazing life at: The Puncher's Funeral
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04-09-2020, 12:37 PM
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#29
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I’m pretty conservative. GE, Walmart, IBM, J and J, Disney...a little oil and a couple other blue chips in tech and retail. Got a guy to take care of it. It takes a lot of attention and time and knowledge that I don’t have enough of. I’d rather gamble on shit like sports that I know about and leave the bigger $ to someone I trust who will end up paying for himself.
__________________
Remembering RULE Please join us in loving celebration of the memory of an accomplished and amazing life at: The Puncher's Funeral
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04-09-2020, 02:28 PM
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I'm just playing the long term game with low maintenance 401k and 457 contribution increases that are invested in lifetime mutual funds. I have thought about buying some non-retirement mutual funds or gold etf ... but im a bit hesitant as the market is so volatile. I have been considering Ameritrade @ Subreal . @ Godbody @ The Saaxxx Baba
I would invest more into real estate if I could, but people argue against real estate investments often for very obvious reasons.
I feel very nervous about investing into index mutual fund (Dow, S&P, Nasdaq) right now... I really probably should, but I think we are going to dip even further in about 2 weeks. The SBA loans are going to take a while to process and I think the small jump is just a reaction to the passing of the stimulus rather than getting that cash in-hand.
Thoughts?
__________________
...and I love you too.

Last edited by The Ghost of Freak; 04-09-2020 at 02:41 PM.
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04-09-2020, 02:28 PM
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#30
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I'm just playing the long term game with low maintenance 401k and 457 contribution increases that are invested in lifetime mutual funds. I have thought about buying some non-retirement mutual funds or gold etf ... but im a bit hesitant as the market is so volatile. I have been considering Ameritrade @ Subreal . @ Godbody @ The Saaxxx Baba
I would invest more into real estate if I could, but people argue against real estate investments often for very obvious reasons.
I feel very nervous about investing into index mutual fund (Dow, S&P, Nasdaq) right now... I really probably should, but I think we are going to dip even further in about 2 weeks. The SBA loans are going to take a while to process and I think the small jump is just a reaction to the passing of the stimulus rather than getting that cash in-hand.
Thoughts?
__________________
...and I love you too.

Last edited by The Ghost of Freak; 04-09-2020 at 02:41 PM.
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