On 1/12/18 4:30 PM, wrote:
On Fri, 12 Jan 2018 12:32:02 -0500, "Mr. Luddite"
wrote:

On 1/12/2018 10:59 AM, wrote:
On Fri, 12 Jan 2018 10:00:11 -0500, Keyser Soze
wrote:

On 1/12/18 9:46 AM, amdx wrote:
On 1/8/2018 6:29 PM, Alex wrote:
wrote:
On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote:

amdx wrote:
and hey, how about the stock market?

I should do well under the new tax law, looks like I'll qualify for
the pass thru, knocking off 20% of my business income from being
taxable.
and a Standard deduction of $24k, what's not to like.
Â* I'll will lose two child deductions, but I would have lost one
anyone, she's getting married.

Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â* Â*Â* Mikek
My 401K hit seven figures shortly after President Trump was elected and
has grown even more.Â* I'll have to see how it affects my paycheck.Â* The
new rates won't be active until next month.Â* If this continues I might
be able to retire at 55!


===

I've been moving into more conservative, and more diversified assets
in anticipation of a market pull back.Â* I'd suggest keeping your job a
bit longer if you enjoy what you're doing.Â* Inflation becomes a real
risk once you stop working.

---
This email has been checked for viruses by AVG.
http://www.avg.com

I'm realistically looking to retire by 60.Â* I've got a few IRA's and
some non-retirement investments, too.Â* I don't want to have to watch
the market all the time to feel comfortable.

Investing new money is challenging right now with the market so high.
I'm looking more and more at real estate.

Many people do well with real estate, but if you buy rentals you are
buying a job. 20 some years ago I had 5 rentals, I did well with them,
but when I moved out of state I sold them all, and at 62 I have zero
interest being on call to do repairs or maintenance.
Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â* Â*Â*Â* Mikek


When the market "corrects" and tumbles, what are you going to do...go
back to selling shrimp?

Temporary glitches in the market are dealt with by using
diversification.
So far it has always recovered. If there was an actual crash that we
didn't recover from, selling shrimp would not be an option either
because the dollar would go down with it along with the whole world
economy.
That kind of thing will usually result in a massive war and these days
it will be the kind of war that ends all of that global warming
bull****. We will scrub those few billion of the population we need to
and be in a nuclear winter for a decade or two.



My, my. You certainly have a cheery outlook of the future.


I am just responding to the kind of crash Harry was alluding to.
It is not impossible tho. How long can we keep borrowing more than we
make (as a society)?
The fact remains that we have been borrowing our way to prosperity
since the Reagan administration with no real plan to pay it back. One
of these days that debt will overwhelm our ability to even pay the
interest. Then what? That is the long range problem.
In the short term, it will not take much to crash the stock market and
depress the economy.
A coup in the executive branch would do it as we saw in 74, a crash
the middle class never recovered from. That is also what led to the
"borrow and spend prosperity".


I can hardly wait for Trump to try that excuse...

On Fri, 12 Jan 2018 16:39:08 -0500, Keyser Soze
wrote:

On 1/12/18 4:30 PM, wrote:
On Fri, 12 Jan 2018 12:32:02 -0500, "Mr. Luddite"
wrote:

On 1/12/2018 10:59 AM, wrote:
On Fri, 12 Jan 2018 10:00:11 -0500, Keyser Soze
wrote:

On 1/12/18 9:46 AM, amdx wrote:
On 1/8/2018 6:29 PM, Alex wrote:
wrote:
On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote:

amdx wrote:
and hey, how about the stock market?

I should do well under the new tax law, looks like I'll qualify for
the pass thru, knocking off 20% of my business income from being
taxable.
and a Standard deduction of $24k, what's not to like.
Â* I'll will lose two child deductions, but I would have lost one
anyone, she's getting married.

Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â* Â*Â* Mikek
My 401K hit seven figures shortly after President Trump was elected and
has grown even more.Â* I'll have to see how it affects my paycheck.Â* The
new rates won't be active until next month.Â* If this continues I might
be able to retire at 55!


===

I've been moving into more conservative, and more diversified assets
in anticipation of a market pull back.Â* I'd suggest keeping your job a
bit longer if you enjoy what you're doing.Â* Inflation becomes a real
risk once you stop working.

---
This email has been checked for viruses by AVG.
http://www.avg.com

I'm realistically looking to retire by 60.Â* I've got a few IRA's and
some non-retirement investments, too.Â* I don't want to have to watch
the market all the time to feel comfortable.

Investing new money is challenging right now with the market so high.
I'm looking more and more at real estate.

Many people do well with real estate, but if you buy rentals you are
buying a job. 20 some years ago I had 5 rentals, I did well with them,
but when I moved out of state I sold them all, and at 62 I have zero
interest being on call to do repairs or maintenance.
Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â*Â* Â*Â*Â* Mikek


When the market "corrects" and tumbles, what are you going to do...go
back to selling shrimp?

Temporary glitches in the market are dealt with by using
diversification.
So far it has always recovered. If there was an actual crash that we
didn't recover from, selling shrimp would not be an option either
because the dollar would go down with it along with the whole world
economy.
That kind of thing will usually result in a massive war and these days
it will be the kind of war that ends all of that global warming
bull****. We will scrub those few billion of the population we need to
and be in a nuclear winter for a decade or two.



My, my. You certainly have a cheery outlook of the future.


I am just responding to the kind of crash Harry was alluding to.
It is not impossible tho. How long can we keep borrowing more than we
make (as a society)?
The fact remains that we have been borrowing our way to prosperity
since the Reagan administration with no real plan to pay it back. One
of these days that debt will overwhelm our ability to even pay the
interest. Then what? That is the long range problem.
In the short term, it will not take much to crash the stock market and
depress the economy.
A coup in the executive branch would do it as we saw in 74, a crash
the middle class never recovered from. That is also what led to the
"borrow and spend prosperity".


I can hardly wait for Trump to try that excuse...

It is not an excuse, it is just a fact. Getting rid of Nixon was far
worse than just letting him hang around a couple more years.
You ended up approving of most of the things he accomplished.
A few are, ending the war, ending the draft, title IX, lowering the
voting age, creation of OSHA, EPA, CPSC, opening up China, starting
the talks with the Soviets that brought about SALT and easing of
tensions. Who knows what else he might have done for civil rights,
women;s rights and liberals in general but no good deed goes
unpunished so they fired him for doing the same thing presidents had
been doing for a century.