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A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea... "cruising" it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about. "I've always wanted to sail to the South Seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine - and before we know it our lives are gone. What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade. The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed. Where, then, lies the answer? In choice. Which shall it be: bankruptcy of purse or bankruptcy of life? - Sterling Hayden (Wanderer, 1973) |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Bart" wrote in message ups.com... A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea... "cruising" it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about. "I've always wanted to sail to the South Seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine - and before we know it our lives are gone. What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade. The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed. Where, then, lies the answer? In choice. Which shall it be: bankruptcy of purse or bankruptcy of life? - Sterling Hayden (Wanderer, 1973) A most brilliant and grounded man, he. Here is the nub: "But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade." No "we" are not. Only the great majority. Be honest. Ask yourself do you have time payments, mortgages, preposterous gadgetry and playthings that divert your attention for the sheer idiocy of the charade? If anybody but myself answers negative on all the above then he is a liar. I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage in his entire life. Unlike ALL you people, I have never been, am not now, and never shall be a slave to the economic system. My life is my own, all my own. I count myself the superior of Sterling Hayden. What he did as a diversion, I have done as a life. You people worship and gush all over the sentiments of a Sterling Hayden because you don't have the intestinal fortitude to do anything but remain a brainwashed slave to the economic system buried in a grave of your own making. What you call comfort men like myself call prison. Sterling Hayden sold his book to wannabes who would never be an they knew it full well. People who only dream because they lack the guts to do. Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
* Bart wrote, On 3/3/2007 5:37 PM:
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER .... Where, then, lies the answer? In choice. Which shall it be: bankruptcy of purse or bankruptcy of life? - Sterling Hayden (Wanderer, 1973) "But today, war is too important to be left to politicians. They have neither the time, the training, nor the inclination for strategic thought. I can no longer sit back and allow Communist infiltration, Communist indoctrination, Communist subversion and the international Communist conspiracy to sap and impurify all of our precious bodily fluids." - Sterling Hayden (as General Jack D Ripper) |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
On Mar 3, 4:37 pm, "Bart" wrote:
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea... "cruising" it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about. "I've always wanted to sail to the South Seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine - and before we know it our lives are gone. What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade. The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed. Where, then, lies the answer? In choice. Which shall it be: bankruptcy of purse or bankruptcy of life? - Sterling Hayden (Wanderer, 1973) Hey Bart; Where have you been? Joe |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Bart" wrote in message
ups.com... A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea... "cruising" it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about. "I've always wanted to sail to the South Seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine - and before we know it our lives are gone. What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade. The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed. Where, then, lies the answer? In choice. Which shall it be: bankruptcy of purse or bankruptcy of life? - Sterling Hayden (Wanderer, 1973) Great book... I read a couple of his. -- "j" ganz @@ www.sailnow.com |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
This is a drunken sailor rehash of Henry David Thoreau. Unfortunately Hayden
did not walk the talk. He left a lot of human wreckage in his wake, was a communist and all his blather was simply to justify all the wrongs he did in his life. For a clean version of this philosophy read Thoreau. He lived it and applied it to his life in a consistent manner. His actions were derived froma philosophy with a true goal in mind. His actions were not driven by external events, as was Hayden's. Hayden is swimming in flouridated lava, Thoreau is in the kingdom of heaven Amen! |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote in message ... What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - the love of a good woman? No "we" are not. Only the great majority. Be honest. Ask yourself do you have time payments, NO mortgages, NO preposterous gadgetry and playthings that divert your attention for the sheer idiocy of the charade? I have a sailboat. If anybody but myself answers negative on all the above then he is a liar. I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage in his entire life. And I'm willing to wager that you've never been and never will be married and/or had children. Unlike ALL you people, I have never been, am not now, and never shall be married. My life is lonely, all lonely. I count the hours by myself . What I did as a diversion, is post on ASA . Oiy! Scotty |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scotty" w@u wrote in message ... "Wilbur Hubbard" wrote in message ... What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - the love of a good woman? That's a woman thing. Any man who believes in that crap is pussy whipped. Real men might desire the love of several good women but limiting yourself to one woman shows you wish to be a slave, wish to have a boring life, wish to eat the same old boring meal day after day after day after day. I have a sailboat. That's a step in the right direction. Now, you need to get a decent sailboat. That Seidelmann of yours is a passable starter boat only. Perhaps it's time to move up. The only way you could move down is if you bought a MacGregor 26. And I'm willing to wager that you've never been and never will be married and/or had children. You would lose the bet. I've been there, done that. It was a total waste of several years of my life. You're right about the "never will be" part provided you type it as "never will be again." But what has that got to do with time payments? Put the friggin' fat lazy wife to work. Don't buy things you cannot afford. Neither a borrower nor lender be. If the wife nags you for this and that but doesn't work for it then she's nothing but a millstone around your neck. Time to re-think your options. What she's got between her legs isn't worth becoming a slave over. Being a satisfied slave at the behest of one woman is delusional. It shows ya got no guts, boy! Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote the love of a good woman? That's a woman thing. That is my preference. And you? wish to eat the same old boring meal day after day after day after day. Tonight I dined on Hot Dogs and Baked beans. Hadn't had that for a month or more. You would lose the bet. I've been there, done that. It was a total waste of several years of my life. Ahh, well, this would explain your attitude then. But what has that got to do with time payments? nothinhg. I already told you I have no 'time payments'. Put the friggin' fat lazy wife to work. Don't buy things you cannot afford. Neither a borrower nor lender be. If the wife nags you for this and that but doesn't work for it then she's nothing but a millstone around your neck. Time to re-think your options. What she's got between her legs isn't worth becoming a slave over. Being a satisfied slave at the behest of one woman is delusional. It shows ya got no guts, boy! You've got it ass backwards, my wife works, she makes more than I do, plus she cooks, cleans and does all that other wifey stuff. Scotty |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scotty" w@u wrote in message . .. You've got it ass backwards, my wife works, she makes more than I do, plus she cooks, cleans and does all that other wifey stuff. Your wife makes more than you do? Doesn't that make you feel inadequate? The man's supposed to be the provider and wear the pants in the house. Tell me you're not one of those limp-wristed types. Bwaaahahahahahahahahahaha! Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote in message ... "Scotty" w@u wrote in message . .. You've got it ass backwards, my wife works, she makes more than I do, plus she cooks, cleans and does all that other wifey stuff. Your wife makes more than you do? Doesn't that make you feel inadequate? Nope. The man's supposed to be the provider and wear the pants in the house. I don't wear pants in my house. SBV |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scotty" w@u wrote in message . .. "Wilbur Hubbard" wrote in message ... "Scotty" w@u wrote in message . .. You've got it ass backwards, my wife works, she makes more than I do, plus she cooks, cleans and does all that other wifey stuff. Your wife makes more than you do? Doesn't that make you feel inadequate? Nope. The man's supposed to be the provider and wear the pants in the house. I don't wear pants in my house. Must you gay up every post? Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scotty" w@u wrote in message I don't wear pants in my house. TMI. Max |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Pure malarkey. Bart would sail with a skipper whos said, "I couldn't afford to outfit this boat properly so I bought the cheapest stuff I could find" ?? Would you sail with a skipper who said "We are sailing tonight whatever the tide & weather because I have to dodge some sheriffs" ?? No. Fiscal responsibility is one facet of being a responsible adult in other aspects. "I've always wanted to sail to the South Seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine - and before we know it our lives are gone. I could agree with this. What does a man need - really need? A few pounds of food each day, Less Besides, water is more important. heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. I guess the difference between the 1930s and 1940s, with the comparatively low level of advertising and consumerism, are as different from the 1960s and the 1960s are from now. Except that during the 1960s and '70s, credit wasn't as easy and there was a backlash against the hucksters. "Wilbur Hubbard" wrote: ........ Ask yourself do you have time payments, mortgages, preposterous gadgetry and playthings that divert your attention for the sheer idiocy of the charade? Other than the boat(s) you mean? .... If anybody but myself answers negative on all the above then he is a liar. That's right, pat yourself on the back. ..... I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage in his entire life. So what? What si the point of *never* utilizing credit? That would be every bit as stupid as *always* using credit. There are times when it is cheaper to borrow than to pay cash. ..... My life is my own, all my own. That's great. Pat yourself on the back some more. I count myself the superior of Sterling Hayden. Maybe, but he wouldn't agree. h..... You people worship and gush all over the sentiments of a Sterling Hayden Actually, many of "us" don't. Sterling Hayden was a braggart and a blusterer, a poor father and a worse businessman. He knew how to sail the old fashioned way but never learned anything new. He also ruined two very nice schooners. If you look further in Heyden's book, he talks about how he bought his second schooner on credit; so he was false to his own principles (and that wasn't the only time). If you want to worship hypocrisy, go right ahead. Heyden was a fine schooner sailor when young and I don't blame him for trying to recapture that. His book "Wanderer" is basically an attempt to spin a romantic adventure out his fleeing legal and financial troubles caused by his own irresponsibility. However the best & most honest part of the book is the earlier chapters where he talks about the great schooner races. Now that is an experience to brag about! Fresh Breezes- Doug King |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. O baloney. C'mon Bart, would you set of an a major cruise with a guy who said "We have to leave tonight, whatever the tide or weather, I am fleeing the sheriffs"? Would you sail with a skipper who said "I couldn't afford to outfit the boat properly so I skipped many things and bought cheap junk for the rest"?? I wouldn't and I doubt you would either. ...... Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. Sounds romantic, but one should beware the spoiled child (whatever his age may be) who tries to make a virtue out of being selfish & short- sighted; and demanding that everybody around him pay the price of his indulgences. What does a man need - really need? A few pounds of food each day, Less. Water is more important. heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. There is also such a thing as providing security for your family. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade. Yep Easy to avoid though. It's called "do the math" and at one time was fairly popular. Wilbur Hubbard" wrote: ..... Ask yourself do you have time payments, mortgages, preposterous gadgetry and playthings that divert your attention for the sheer idiocy of the charade? If anybody but myself answers negative on all the above then he is a liar. Don't hurt your arm patting yourself on the back. I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage in his entire life. ?? So? Bragging that you *never* use credit is every bit as stupid and bragging that you *always* use credit. Time payments, mortgages, all forms of credit, are a financial tool that can be used sensibly. Would you respect a man who proclaimed himself an expert mechanic, then scornfully said "I *never* use a ratchet drive, that is for wimps & fools." Unlike ALL you people, I have never been, am not now, and never shall be a slave to the economic system. Unless you have a very odd definition, very few other ASA'ers are "slaves to the economic system." .... Sterling Hayden sold his book to wannabes who would never be an they knew it full well. Sterling Hayden's book 'Wanderer' is an attempt to spin a romantic adventure out of his fleeing the law & financial troubles that he brought on himself. The early parts where he talks about the great schooner races are the best & most honest parts of the book. A great experience, but thirty years later he had learned nothing further about sailing & proclaimed that he had nothing more to learn. An example I prefer to not follow, although I envy his early experiences. Fresh Breezes- Doug King |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
wrote in message oups.com... "Wilbur Hubbard" wrote: ........ Ask yourself do you have time payments, mortgages, preposterous gadgetry and playthings that divert your attention for the sheer idiocy of the charade? Other than the boat(s) you mean? For some of us boats are anything but playthings and diversions. For some of us boats are a way of life. But, I don't suppose you'd know about that. .... If anybody but myself answers negative on all the above then he is a liar. That's right, pat yourself on the back. Not only am I right but I am a realist enough to know it. ..... I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage in his entire life. So what? What si the point of *never* utilizing credit? That would be every bit as stupid as *always* using credit. The point is you don't need credit. It's just another way to spend above your means. More importantly, as Hayden points out, it's a way to be trapped by the system. It's a method of slavery. There are times when it is cheaper to borrow than to pay cash. It is NEVER cheaper to borrow than to pay cash. If you can manage to borrow without usury then it's even steven. But who borrows without usury these days? Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
wrote in message oups.com.. .. Fiscal responsibility is one facet of being a responsible adult in other aspects. 'responsible' and 'adult'...two words that have never been used to characterize 'Wilbur'. SBV |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote in message news:la3Hh.17150 The point is you don't need credit. It's just another way to spend above your means. More importantly, as Hayden points out, it's a way to be trapped by the system. It's a method of slavery. If you know what you're doing, one can make money with good credit. Obviously this leaves you out. SBV |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote:
It is NEVER cheaper to borrow than to pay cash. Malarkey. If I have $X invested in a bond fund that is earning 8% interest (and helping businesses produce goods & services, providing employment etc etc); and I can borrow $X at 6% interest, then I would be stupid to cash in bonds to buy anything. Better yet, if I can borrow money interest free, such as on a credit card which will be paid in full at the end of the month, then I can leav money in my interest-bearing checking account longer and gain more interest accrued to me. That's not to mention the use of credit to acquire capital goods for production of wealth at a higher rate than the interest charged. If it were not for the *intelligent* use of credit, we would still be living in caves or perhaps thatched huts. ..... But who borrows without usury these days? You're confused. 1- interest rates are near historic lows. 2- usury is the charging of excess interest, it has nothing to do with the borrower. DSK |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scotty" w@u wrote in message . .. "Wilbur Hubbard" wrote in message news:la3Hh.17150 The point is you don't need credit. It's just another way to spend above your means. More importantly, as Hayden points out, it's a way to be trapped by the system. It's a method of slavery. If you know what you're doing, one can make money with good credit. Obviously this leaves you out. Ha ha ha ha! You can, indeed, make money with good credit and bad credit for that matter. That's why credit card companies are as rich as they are. They didn't get that rich by borrowing money. They got that rich by lending money. Kinda shows how ignorant you are. Not to mention how unobservant. Look around you. Every big bank building you see, every big insurance complex you see, every big credit card center you see got that way from lending. If you could get so rich from borrowing, those companies would be borrowing from you and paying you outrageous interest payments. You're a sucker and a dumb one at that. People justify borrowing and jump though hoops trying to justify it but I can shoot down each and every one of their fallacious arguments just like I just shot down yours. The next thing you'll be telling me is how fabulous an investment a house is. Believe me a house NEVER can return more than you paid for it provided you add up all the expenses, inflation of currency and taxes. Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote in message ... If you know what you're doing, one can make money with good credit. Obviously this leaves you out. I can shoot down each and every one of their fallacious arguments just like I just shot down yours. No you can't and no you didn't. You have no clue whatsoever. The next thing you'll be telling me is how fabulous an investment a house is. Fabulous?, A solid investment, absolutely. SBV |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
wrote in message oups.com... "Wilbur Hubbard" wrote: It is NEVER cheaper to borrow than to pay cash. Malarkey. If I have $X invested in a bond fund that is earning 8% interest (and helping businesses produce goods & services, providing employment etc etc); and I can borrow $X at 6% interest, then I would be stupid to cash in bonds to buy anything. Oh my gawd, yet another brainwashed sucker whose bubble I must break. If your bond fund returns 8% then you will not be able to borrow at 6% interest. Not possible. Nobody who's sane is going to lend you money to you at 6% when they can lend it to an institution and get 8% for it. Better yet, if I can borrow money interest free, such as on a credit card which will be paid in full at the end of the month, then I can leav money in my interest-bearing checking account longer and gain more interest accrued to me. You seem to have forgotten all about the credit card service charge. I'm afraid you will pay them more than any interest bearing checking account will pay you. Credit card companies aren't stupid. Why would they bother to give you a card when they could do just what you suggest doing? They'd simply cut out the middle man. That's not to mention the use of credit to acquire capital goods for production of wealth at a higher rate than the interest charged. Voodoo math. It only works if you leave out production costs... If it were not for the *intelligent* use of credit, we would still be living in caves or perhaps thatched huts. Negative, sarge. All the wealth you see in the hands of the credit card companies would be evenly distributed among the general population. You're confused. 1- interest rates are near historic lows. 2- usury is the charging of excess interest, it has nothing to do with the borrower. You're confused. Usury is just another name for interest. Any rate of interest is usury. Interest rates are near historic lows. I agree. They go in cycles. What ALWAYS remains constant is the borrower is charged higher interest for borrowing than he receives for investing. The man who wishes to get rich lends. That's a fact. Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" You seem to have forgotten all about the credit card service charge. Service charge? WTF? I'm afraid you will pay them more than any interest bearing checking account will pay you. WRONG! Credit card companies aren't stupid. No, but they're greedy. One can take advantage of this if one knows how. Obviosly you don't. Voodoo math. Translation; I don't understand it. What ALWAYS remains constant is the borrower is charged higher interest for borrowing than he receives for investing. The man who wishes to get rich lends. That's a fact. Your fact is WRONG! SBV |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
If I have $X invested in a bond fund that is earning 8% interest (and
helping businesses produce goods & services, providing employment etc etc); and I can borrow $X at 6% interest, then I would be stupid to cash in bonds to buy anything. "Wilbur Hubbard" wrote: Oh my gawd, yet another brainwashed sucker whose bubble I must break. Go ahead If your bond fund returns 8% then you will not be able to borrow at 6% interest. Wrong. In fact, there are many bond funds paying upwards of 9% on high grade commercial paper (ie no junk bonds). One can relatively easily get a house mortgage at 6.5% http://finance.yahoo.com/q?s=AHITX scroll down and check the 5 year average return. And that's one of the big house plain vanilla bond funds. Not possible. Nobody who's sane is going to lend you money to you at 6% when they can lend it to an institution and get 8% for it. Go talk to "them" because "they" are doing exactly that. Better yet, if I can borrow money interest free, such as on a credit card which will be paid in full at the end of the month, then I can leav money in my interest-bearing checking account longer and gain more interest accrued to me. You seem to have forgotten all about the credit card service charge. Wrong again. Perfect record! If one pays his credit card bill before interest charges accrue, then one does not pay interest. On my credit card bill, under "interest" and "service charge" there is a big fat ZERO. ..... I'm afraid you will pay them more than any interest bearing checking account will pay you. Oh, don't be afraid. It's not manly. Credit card companies aren't stupid. Why would they bother to give you a card when they could do just what you suggest doing? They'd simply cut out the middle man. Because then they wouldn't be a "credit card company" they'd be arbitragers. And for those who *don't* pay their bill in a timely manner, interest rates are higher yet. A very expensive way to borrow money. That's not to mention the use of credit to acquire capital goods for production of wealth at a higher rate than the interest charged. Voodoo math. It only works if you leave out production costs... Spoken from your years of experience as a CEO. Guess what, just about all the business world makes a profit by borrowing money. What do you think stocks & corporate bonds are all about? If it were not for the *intelligent* use of credit, we would still be living in caves or perhaps thatched huts. Negative, sarge. All the wealth you see in the hands of the credit card companies would be evenly distributed among the general population. So you're a Marxist now? You're confused. Usury is just another name for interest. Ummm, no. Any rate of interest is usury. Wrong. Go look it up. And "Usury" is still a demerit to the kender, the one who charges usuriously, not the borrower. .... What ALWAYS remains constant is the borrower is charged higher interest for borrowing than he receives for investing. Nope. Done it for years. I guess you think the earth is flat, too. Careful you don't sail off the edge! DSK |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote
[snipped] ..... I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage ... [snipped] Wilbur Hubbard Neal, I appreciate the fact that you share your perspective with us. You have an interesting take on things, and although it would take the complete collapse of my life as it exists now to find myself in a similar lifestyle, I would probably find some happiness in a spartan existence. At least for a while. I think I would soon yearn to accomplish new things though. Perhaps your point is that those new things, at least initially, could be new sailing adventures? I like a bit of hot pepper on my food. I had a student once who sat and ate a bowlful of hot peppers while I watched. We both appreciated something about the flavor and feel, but he was clearly more into peppers than I. I would never challenge him in a pepper eating contest. I still like peppers, it's just that I like a plate of beans and rice with them. Scout |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
Bart,
I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout "Bart" wrote in message ups.com... A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea... "cruising" it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about. "I've always wanted to sail to the South Seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine - and before we know it our lives are gone. What does a man need - really need? A few pounds of food each day, heat and shelter, six feet to lie down in - and some form of working activity that will yield a sense of accomplishment. That's all - in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade. The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed. Where, then, lies the answer? In choice. Which shall it be: bankruptcy of purse or bankruptcy of life? - Sterling Hayden (Wanderer, 1973) |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scout" wrote in message . .. "Wilbur Hubbard" wrote [snipped] ..... I'm willing to wager that I am the only asa subscriber who has and never has had time payments, has and never has had a mortgage ... [snipped] Wilbur Hubbard Wilbur, I appreciate the fact that you share your perspective with us. You have an interesting take on things, and although it would take the complete collapse of my life as it exists now to find myself in a similar lifestyle, I would probably find some happiness in a spartan existence. At least for a while. I think I would soon yearn to accomplish new things though. Perhaps your point is that those new things, at least initially, could be new sailing adventures? I like a bit of hot pepper on my food. I had a student once who sat and ate a bowlful of hot peppers while I watched. We both appreciated something about the flavor and feel, but he was clearly more into peppers than I. I would never challenge him in a pepper eating contest. I still like peppers, it's just that I like a plate of beans and rice with them. Scout Your take on food gives insight into your take on life. Hot peppers serve only to burn out your taste buds to such an extent that you can no longer taste the subtleties of milder foods. To taste something hot you deny yourself tasting something mild. There are many more foods of a milder and subtler nature than of a hot. So, gorge the few you deny yourself the many. Dumb! Overdoing life by borrowing is just another sign of gluttony of the hot and spicy. People borrow because they want something above their means and they want it now. In doing so they miss out on things that really matter. Things such as realizing the real value of your labor vs. what you can purchase with it. Things such as being patient. Things such as never having to say, "I just don't have time." Things such as enjoying the taste of the milder things in life without covering them up with the hot and spicy. As with food, a mild life is easier to appreciate and better for your health and well-being than a hot and spicy life. This should be evident when viewed in the light of oh-so-many celebrities who self-destruct. They can have anything they want. They generally try everything hot and spicy and it all disappoints and disrupts to such an extent they suicide or nervous breakdown, etc. When's the last time you heard of a Buddhist Monk being so maladjusted in life? One of the basic truths in life is simplicity. Many authors espouse the simple life. Many readers say, "How cool is that!" But, then they go right back to their overspent, overbudgeted, overharried, overextended lives. It's an addiction that results in ruin. When you are thirsty go to the well. Draw out a large draft and drink your fill. Don't run around from lemonade stand to lemonade stand quaffing thimbleful after thimbleful which results in continued thirst. Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scout" wrote in message
. .. Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! -- "j" ganz @@ www.sailnow.com |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
I like a bit of hot pepper on my food. I had a student once who sat
and ate a bowlful of hot peppers while I watched. We both appreciated something about the flavor and feel, but he was clearly more into peppers than I. "Wilbur Hubbard" wrote: Your take on food gives insight into your take on life. Hot peppers serve only to burn out your taste buds to such an extent that you can no longer taste the subtleties of milder foods. ?? You should back up and actually *read* Scout's statement. ..... To taste something hot you deny yourself tasting something mild. Well, that's true enough, as for the instant you are eating it. After all you can't eat two things at once. However, eating peppers (or some other spicy dish) no more "burns out your taste buds" than looking at a beautiful sight "burns out your eyes." And of course, "Wilbur Hubbard" doesn't understand money any more than he understands food: Overdoing life by borrowing is just another sign of gluttony of the hot and spicy. People borrow because they want something above their means and they want it now. In some cases, yes. In others, definitely not so. As I said earlier, credit is a financial tool just like a saw is woodworking tool. It can be used intelligently or foolishly. For example, a Skilsaw is a tool that can be used safely or dangerously, well or poorly. The tool itself does not determine how it is used. If you met a man who claimed to be an expert mechanic, and then witnessed him attempting to work on an engine with a Skilsaw, you would doubt his craft. When a person shows no more grasp of credit & interest than a medieval peasant, then others should not consider his words on finance to be wisdom. DSK |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
wrote in message ps.com... I like a bit of hot pepper on my food. I had a student once who sat and ate a bowlful of hot peppers while I watched. We both appreciated something about the flavor and feel, but he was clearly more into peppers than I. "Wilbur Hubbard" wrote: Your take on food gives insight into your take on life. Hot peppers serve only to burn out your taste buds to such an extent that you can no longer taste the subtleties of milder foods. ?? You should back up and actually *read* Scout's statement. ..... To taste something hot you deny yourself tasting something mild. Well, that's true enough, as for the instant you are eating it. After all you can't eat two things at once. However, eating peppers (or some other spicy dish) no more "burns out your taste buds" than looking at a beautiful sight "burns out your eyes." And of course, "Wilbur Hubbard" doesn't understand money any more than he understands food: Overdoing life by borrowing is just another sign of gluttony of the hot and spicy. People borrow because they want something above their means and they want it now. In some cases, yes. In others, definitely not so. As I said earlier, credit is a financial tool just like a saw is woodworking tool. It can be used intelligently or foolishly. For example, a Skilsaw is a tool that can be used safely or dangerously, well or poorly. The tool itself does not determine how it is used. If you met a man who claimed to be an expert mechanic, and then witnessed him attempting to work on an engine with a Skilsaw, you would doubt his craft. When a person shows no more grasp of credit & interest than a medieval peasant, then others should not consider his words on finance to be wisdom. DSK Peasant! Surely you jest! When you have a couple million dollars invested and earning around 12% interest and capital gains per anum, crawl back out of your mortgaged hovel and try explaining that all again.... While you pay interest, I earn it. That's the difference between sanity and insanity. Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote:
Peasant! Surely you jest! I'm serious. And stop calling me Shirley .... When you have a couple million dollars invested and earning around 12% interest and capital gains per anum, Yeah right. And 12% is nothing to brag about, even in this market. Shucks I showed you a link to a plain-jane bond fund earning almost 10% and that doesn't have any capital gains. Tell us what your asset allocation & ladder plans are and you might gain some credibility. No place to gbut up, right? .... While you pay interest, I earn it. That's the difference between sanity and insanity. So tell us why you had no clue it was possible for earned interest returns to exceed the interest rates charged on an everyday mortgage. DSK |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
wrote in message ps.com... I like a bit of hot pepper on my food. I had a student once who sat and ate a bowlful of hot peppers while I watched. We both appreciated something about the flavor and feel, but he was clearly more into peppers than I. "Wilbur Hubbard" wrote: Your take on food gives insight into your take on life. Hot peppers serve only to burn out your taste buds to such an extent that you can no longer taste the subtleties of milder foods. ?? You should back up and actually *read* Scout's statement. My point about extremism and eccenticity does seem to have gone unnoticed. :o) How're things in NC Doug? Won't be long now and I'll be splashing in! Scout |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Capt. JG" wrote in message
... "Scout" wrote in message . .. Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! Thanks Jon! 1 down, 2 to go! Scout |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
Scout wrote:
"Capt. JG" wrote in message ... "Scout" wrote in message m... Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! Thanks Jon! 1 down, 2 to go! Scout heh...you didn't work that right...we had 4 boys and 1 girl...cheaper in the long run! |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"katy" wrote in message
... Scout wrote: "Capt. JG" wrote in message ... "Scout" wrote in message om... Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! Thanks Jon! 1 down, 2 to go! Scout heh...you didn't work that right...we had 4 boys and 1 girl...cheaper in the long run! Au contraire! The 2 to go are both male types! Scout |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
Scout wrote:
"katy" wrote in message ... Scout wrote: "Capt. JG" wrote in message ... "Scout" wrote in message news:U9mdne4fs9zJpmzYnZ2dnUVZ_oqmnZ2d@comcast. com... Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! Thanks Jon! 1 down, 2 to go! Scout heh...you didn't work that right...we had 4 boys and 1 girl...cheaper in the long run! Au contraire! The 2 to go are both male types! Scout ah! Good...tell them to fond well off partners! |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"katy" wrote in message ... Scout wrote: "katy" wrote in message ... Scout wrote: "Capt. JG" wrote in message ... "Scout" wrote in message news:U9mdne4fs9zJpmzYnZ2dnUVZ_oqmnZ2d@comcast .com... Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! Thanks Jon! 1 down, 2 to go! Scout heh...you didn't work that right...we had 4 boys and 1 girl...cheaper in the long run! Au contraire! The 2 to go are both male types! Scout ah! Good...tell them to fond well off partners! My father always said, "Either marry money or inherit it. And since you won't be inheriting any . . ." Max |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Wilbur Hubbard" wrote in message ... Overdoing life by borrowing is just another sign of gluttony of the hot and spicy. People borrow because they want something above their means and they want it now. In doing so they miss out on things that really matter. Things such as realizing the real value of your labor vs. what Oh No! And I just ''borrowed'' another ten grand this week. Should I try to give it back quick? SV |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Maxprop" wrote in message nk.net... "katy" wrote in message ... Scout wrote: "katy" wrote in message ... Scout wrote: "Capt. JG" wrote in message ... "Scout" wrote in message news:U9mdne4fs9zJpmzYnZ2dnUVZ_oqmnZ2d@comcas t.com... Bart, I just got your message. I'll get back to you this weekend. Been out of town and have a daughter getting married on St. Patty's day. Your call got lost in with all the RSVP's. Fun fun. Scout Hey that's great Scout! Much congratulation! Thanks Jon! 1 down, 2 to go! Scout heh...you didn't work that right...we had 4 boys and 1 girl...cheaper in the long run! Au contraire! The 2 to go are both male types! Scout ah! Good...tell them to fond well off partners! My father always said, "Either marry money or inherit it. And since you won't be inheriting any . . ." Max I doubt she'll be marrying money either. After all, how many rich blind men are there? Wilbur Hubbard |
A QUOTE FROM STERLING HAYDEN'S BOOK, WANDERER
"Scotty" w@u wrote in message . .. "Wilbur Hubbard" wrote in message ... Overdoing life by borrowing is just another sign of gluttony of the hot and spicy. People borrow because they want something above their means and they want it now. In doing so they miss out on things that really matter. Things such as realizing the real value of your labor vs. what Oh No! And I just ''borrowed'' another ten grand this week. Should I try to give it back quick? No, keep it! Should you ever come to realize the true value of your unskilled labor, it might well cause you to go into a deep, dark depression. Wilbur Hubbard |
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