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07-09-2016, 01:11 PM | #166 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Did you get bored early on? Did you find yourself spending money you wouldn't normally because so much time on your hands? Many of your friends also retired or no pals to hang with during the day? Gain weight by hanging around alot or lose weight because you decided to use your time to get in shape? Any charity or volunteer work? |
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Posts: 52,955
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07-09-2016, 01:14 PM | #167 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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I'm not really very good at stock analysis these days. I just use three simple rules: are revenues growing, is it consistently profitable, and does it pay a dividend. NVDA seems to pass all of those tests, which intrigues me since I'm sitting on a bunch of cash right now and looking for some good stocks. I generally go for dividends greater than 1%, but I need a bit more tech stock and they aren't big dividend payers.
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Posts: 143,223
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07-09-2016, 01:43 PM | #168 |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Personally, I feel a significant financial event will happen in the next two years based on the strength of the US dollar and weaknesses in the global economy. Specifically, a reckoning is coming to agriculture in the US. Due to the operating cycles, agricultural operations typically take bad years like this year and use equity to shore them up. However, land prices haven't dropped significantly yet despite the significant drop in commodity prices. As soon as the land prices start to correct, the equity in farm operations will no longer be in place to support carrying over bad years. As a result, liquidations will start to occur, further driving down land prices, further evaporating equity in struggling operations, forcing another wave of liquidations.
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Posts: 18,631
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07-09-2016, 03:59 PM | #169 | |
Starter
Join Date: Feb 2009
Location: Arkansas
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Posts: 831
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07-09-2016, 04:06 PM | #170 | |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Quote:
Right now, land sales are sparse, and when they do occur, they are done with historical crop prices in mind. When these farmers are forced to liquidate, either in an effort to payoff operating carryover or through foreclosure, a lot of land will hit the market simultaneously. Valuations must then adjust to make economic sense, based on a cap rate and operating cash flows going forward. When this adjustment hits, it will be significant. |
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Posts: 18,631
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07-09-2016, 04:12 PM | #171 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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07-09-2016, 05:27 PM | #172 |
On Hiatus
Join Date: Aug 2000
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The other day at work we were discussing saving for retirement and amassing a large sum for retirement.....one of the guys was talking about his Father in Law and how he had lived frugally, saved wisely and had set himself up for a very comfortable retirement.
He retired at age 65 like he had planned....5 months after he retired he was playing golf on a course in Phoenix while on a trip with his wife and had a heart attack. He never made it off the golf course alive. About 3 months after burying his Father In Law, his wife went over to check on her Mom since she hadn't heard from her for a couple of days and found her dead. He lamented how they had lived so frugally, sent their kids to college, and saved wisely so they could enjoy retirement and never got the chance to. What was worse was watching how the kids fought over dispersal of the estate. Sometimes even if you make the best plans it still doesn't mean everything will turn out like you plan. You still have to plan for retirement but don't forget to enjoy your life along the way. |
Posts: 11,932
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07-09-2016, 07:46 PM | #173 | |
Fish are scared of me
Join Date: Nov 2001
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That guy obviously enjoyed life along the way by eating to much French fries. |
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Posts: 40,645
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07-09-2016, 07:49 PM | #174 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
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Everyday you save for retirement makes me happy and is something I can look forward. If I die and don't get the Cas oh well. It day in and day out gave me something to look forward to.
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Posts: 54,659
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07-09-2016, 08:00 PM | #175 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Posts: 143,223
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07-09-2016, 08:10 PM | #176 |
Fish are scared of me
Join Date: Nov 2001
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You guys have really got me thinking. Maybe I should go with the Hookers and Coke life for a while. Never done that. was gonna wait until retirement.
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Posts: 40,645
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07-09-2016, 08:13 PM | #177 |
Shit
Join Date: Jun 2008
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Posts: 55,715
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07-09-2016, 08:48 PM | #178 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,645
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07-09-2016, 09:15 PM | #179 |
Shit
Join Date: Jun 2008
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Posts: 55,715
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07-09-2016, 09:55 PM | #180 |
In Search of a Life
Join Date: Aug 2001
Location: Fayetteville, AR
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Posts: 21,791
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