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09-29-2021, 10:27 AM | #11596 |
Chiefn' It
Join Date: Jan 2009
Location: IndepMo
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Posts: 1,487
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1 0 |
09-29-2021, 10:31 AM | #11597 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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I'm around, just not much to talk about right now. My only positions right now are AMC and UWMC.
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Posts: 11,432
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09-29-2021, 10:51 AM | #11598 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
Maybe I've never heard of it because we don't have a company 401k. We have a Simple IRA, which at the time seemed to be the best tradeoff of risk and reward as a business owner. In retrospect, a 401k would have been better, but only because looking back none of the risks bit us. |
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Posts: 142,660
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09-29-2021, 11:58 AM | #11599 |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
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Anybody here into physical precious metals? I'm intrigued by the stacks these guys have. https://www.reddit.com/r/Wallstreetsilver/top/
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Posts: 2,629
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09-29-2021, 01:45 PM | #11600 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Call him. If your plan isn’t a qualified plan, it might be worth the effort to get a qualified plant to set it up as a Roth. I’m sure your employees would appreciate it too. |
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Posts: 57,704
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09-29-2021, 01:52 PM | #11601 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Metals are commodities. They behave as commodities. Don’t buy and hold long term. |
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Posts: 57,704
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09-29-2021, 02:09 PM | #11602 |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
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Posts: 2,629
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09-29-2021, 02:23 PM | #11603 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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LOL. If it’s end of days, we’re all ****ed.
Like SUPER ****ed. Just as an easy divider let’s assume the modern food production system started at 1900 (mechanization, specialization) etc. The US population was 76 Million. And the soils were native then and more productive if we move to back to a no supply chain situation for any period of time. So the holding capacity for the land would be probably less than 75M. That’s a lot of dead ****ers. And the shit for brains that think starving people will trade food for gold will be the first ****ers dead. For real though. There are some wackjobs out there. This guy wanted to have dinner with dad and I at a conference. Whatever, I’m not doing shit else. We had decent conversation then this sister****er springs it on us that at this one dudes direction he sold a combine and bought physical gold. Nobody is going to want soybeans when the economy collapses. and this is 2010. Dude bought the top. https://www.barchart.com/futures/quo...eractive-chart EDIT: I couldn’t get out of that dinner fast enough. And frankly I don’t even care if that soybean farmer lost his shit. If you want to have incredible exposure to commodity markets, buy a pen of cattle. Then at least my friends will have some volume. /rant |
Posts: 57,704
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09-29-2021, 02:35 PM | #11604 | |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
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Quote:
But I really would love to have land and cattle when I can settle down in one place! |
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Posts: 2,629
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09-29-2021, 08:20 PM | #11605 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,779
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09-29-2021, 09:07 PM | #11606 | |
MVP
Join Date: Jan 2007
Location: Missouri
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Quote:
I do watch the markets though, but more as an indicator of what the general population, and more specifically those type of people, may be thinking. |
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Posts: 8,642
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09-30-2021, 08:49 AM | #11607 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Hog, buying ILUS dip?!?!
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Posts: 46,067
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09-30-2021, 08:51 AM | #11608 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
I feel like you haven't really made it until you have a safe in your house. |
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Posts: 142,660
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09-30-2021, 08:52 AM | #11609 |
I'll be back.
Join Date: Nov 2002
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Bout ready to pull the trigger on dat AMC
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Posts: 286,021
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09-30-2021, 12:51 PM | #11610 |
Starter
Join Date: Nov 2004
Location: asdf
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Posts: 509
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