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Re: Stocks - In or Out? [Re: Providence Farm] #7507459
02/24/22 12:48 PM
02/24/22 12:48 PM
Joined: Mar 2018
Posts: 469
SW MISSOURI
R
Rockfarmer Offline OP
trapper
Rockfarmer  Offline OP
trapper
R

Joined: Mar 2018
Posts: 469
SW MISSOURI
Originally Posted by Providence Farm
I cash some out first a down payment for a land deal that fell through. It was a good thing since I had health problems and was off work 4months last year and all of January this year. I would watch the trends and buy when the stocks I like hit the low point I was hoping for then hold tell it went back up. If I was sitting on cash.

But instead of buying/investing in stock I'm currently investing in infrastructure on the farm to make us more productive, and reduce time and money spent in the future. Example. 1 pay off rent house and turn that payment the renters are making into income. 2 install new fence for stock, then I can make eat for free and generate more income. 3 install solar electric reduce or eliminate the electric bill giving piece of mind and security.

It's a lot of up front cost with a long time for financial return on investment and I could make a higher return on other investments most likely. But reduction of bills means I need less income leaving more for investments latter or making it easier to live if I would loose my job or if my health would get bad again. Piece of mind knowing if I get my plans in place we could live on a very small income if needed. That means a lot. I guess if I had a large bank account the filling would be the same I would just be more reliant on paying others to do things.


Good point also!


www.nationwidecartparts.com
3rd Infantry Division
1st Infantry Division
U.S. ARMY
Re: Stocks - In or Out? [Re: Rockfarmer] #7507464
02/24/22 12:49 PM
02/24/22 12:49 PM
Joined: Dec 2012
Posts: 6,501
Wi.
D
Diggerman Offline
trapper
Diggerman  Offline
trapper
D

Joined: Dec 2012
Posts: 6,501
Wi.
Is Gold a strong buy?

Re: Stocks - In or Out? [Re: Rockfarmer] #7507474
02/24/22 12:54 PM
02/24/22 12:54 PM
Joined: Feb 2020
Posts: 8,866
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Posts: 8,866
Indiana
Originally Posted by Rockfarmer
Originally Posted by Mark McCary
I'm out! Got out last week not going to risk 3 more years with the Knuckle Heads running this country now!!! I would much rather have paid for farm ground especially during high inflation.


Good Point!



But with low interest rates would it be better to have a lone and paying interest that's less than inflation? Paying it back with money that worth way less than the money you borrowed!

Yes I'm working on getting back to debt free but struggling with the above concept. I also struggle with thi idea of 0% to buy farm equipment.

Re: Stocks - In or Out? [Re: Rockfarmer] #7507480
02/24/22 01:01 PM
02/24/22 01:01 PM
Joined: Aug 2011
Posts: 1,187
IA, WI, ND, IL
M
martyd Offline
trapper
martyd  Offline
trapper
M

Joined: Aug 2011
Posts: 1,187
IA, WI, ND, IL
I am 63 in Sept. I waited to long to get out. I am down 15% since Jan1 in my 401k. We are going to see some dark days ahead of us. But in 3 years ( if we can last that long as a nation) the country will come back. Problem is for us older folks the horse has left the barn. Unbelievable what has happen in the last 13 months in this country. MD

Re: Stocks - In or Out? [Re: jbyrd63] #7507481
02/24/22 01:01 PM
02/24/22 01:01 PM
Joined: Mar 2011
Posts: 11,441
Montana ,Rocky Mtns.
Sharon Offline
"American Honey"
Sharon  Offline
"American Honey"

Joined: Mar 2011
Posts: 11,441
Montana ,Rocky Mtns.
Originally Posted by jbyrd63
Got a question for any of you guys. If you had 100,000 dollars today what would you do with it. Serious question. I have an annuity paying out in 6 days. Talked to a broker and may just be them but way too much in fees for me.



Have you considered buying Ford stock ?

whistle

Re: Stocks - In or Out? [Re: Sharon] #7507483
02/24/22 01:04 PM
02/24/22 01:04 PM
Joined: Feb 2020
Posts: 8,866
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Posts: 8,866
Indiana
Originally Posted by Sharon
Originally Posted by jbyrd63
Got a question for any of you guys. If you had 100,000 dollars today what would you do with it. Serious question. I have an annuity paying out in 6 days. Talked to a broker and may just be them but way too much in fees for me.



Have you considered buying Ford stock ?



Or that could even buy a single quad cab decked out f350 4x4. wink going to need something to pull those horses around with.

Re: Stocks - In or Out? [Re: Rockfarmer] #7507485
02/24/22 01:05 PM
02/24/22 01:05 PM
Joined: Mar 2011
Posts: 11,441
Montana ,Rocky Mtns.
Sharon Offline
"American Honey"
Sharon  Offline
"American Honey"

Joined: Mar 2011
Posts: 11,441
Montana ,Rocky Mtns.
grin wink

Re: Stocks - In or Out? [Re: martyd] #7507493
02/24/22 01:12 PM
02/24/22 01:12 PM
Joined: Mar 2018
Posts: 469
SW MISSOURI
R
Rockfarmer Offline OP
trapper
Rockfarmer  Offline OP
trapper
R

Joined: Mar 2018
Posts: 469
SW MISSOURI
Originally Posted by martyd
I am 63 in Sept. I waited to long to get out. I am down 15% since Jan1 in my 401k. We are going to see some dark days ahead of us. But in 3 years ( if we can last that long as a nation) the country will come back. Problem is for us older folks the horse has left the barn. Unbelievable what has happen in the last 13 months in this country. MD


This is my main concern. I about 4.5 - 5 years away from drawing out of my retirement.


www.nationwidecartparts.com
3rd Infantry Division
1st Infantry Division
U.S. ARMY
Re: Stocks - In or Out? [Re: Rockfarmer] #7507507
02/24/22 01:24 PM
02/24/22 01:24 PM
Joined: Feb 2011
Posts: 995
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 995
alberta
All those fund managers and individual investors that bought into the ESG/green energy hype, selling all their energy plays must be hyperventilating about now

Feel bad for the folks the rely on those funds

A lot of retired folks are going too get hurt

Re: Stocks - In or Out? [Re: Sharon] #7507510
02/24/22 01:26 PM
02/24/22 01:26 PM
Joined: Feb 2014
Posts: 13,059
Ky
J
jbyrd63 Offline
trapper
jbyrd63  Offline
trapper
J

Joined: Feb 2014
Posts: 13,059
Ky
Originally Posted by Sharon
Originally Posted by jbyrd63
Got a question for any of you guys. If you had 100,000 dollars today what would you do with it. Serious question. I have an annuity paying out in 6 days. Talked to a broker and may just be them but way too much in fees for me.



Have you considered buying Ford stock ?

whistle


No I think I'll start a fur company ,have people send me tons of inventory at their expense . Hold sales then file bankruptcy so I don't have to pay anyone . Then claim the fur didn't sale or it was bought back. Sale some at private treaty , under the table , back room powwow , what ever the term you want to use. Pay myself and my family out of the sale proceeds and sit back in my big cabin and read about it on a trapping forum...

Or has that ideal already been taken ?????
grin whistle cool

Re: Stocks - In or Out? [Re: jbyrd63] #7507565
02/24/22 02:07 PM
02/24/22 02:07 PM
Joined: Dec 2006
Posts: 1,973
Ohio
C
Computer Hater Offline
trapper
Computer Hater  Offline
trapper
C

Joined: Dec 2006
Posts: 1,973
Ohio
Originally Posted by jbyrd63
Got a question for any of you guys. If you had 100,000 dollars today what would you do with it. Serious question. I have an annuity paying out in 6 days. Talked to a broker and may just be them but way too much in fees for me.


Send it to me. I will send you a monthly report on how I have invested your money for you and how much money I have made for you ( or lost ). Don't pay any attention to the Honolulu postmark on the report.


Randy
Member NTA, FTA
Re: Stocks - In or Out? [Re: Rockfarmer] #7507573
02/24/22 02:12 PM
02/24/22 02:12 PM
Joined: Aug 2021
Posts: 1,473
Over there.
F
Flicker Shad Offline
trapper
Flicker Shad  Offline
trapper
F

Joined: Aug 2021
Posts: 1,473
Over there.
I'm buying a dividend growth fund.

Re: Stocks - In or Out? [Re: Rockfarmer] #7507583
02/24/22 02:21 PM
02/24/22 02:21 PM
Joined: Dec 2013
Posts: 587
central IA
B
bodycount Offline
trapper
bodycount  Offline
trapper
B

Joined: Dec 2013
Posts: 587
central IA
Our market could fall 50% as long as this idiot is in the White house. Russia's market has already fallen 50% today. I hate to sell low. If anything buy more if there is a meltdown. My plan is to wait out the next three years but something has to give before then. The mid terms this fall could shake things up for the good. The moon and stars need to line up.

Re: Stocks - In or Out? [Re: Rockfarmer] #7507585
02/24/22 02:22 PM
02/24/22 02:22 PM
Joined: Oct 2020
Posts: 1,099
KY
I
ILcooner Offline
trapper
ILcooner  Offline
trapper
I

Joined: Oct 2020
Posts: 1,099
KY
Buy and Hold.

VTSAX-whole stock market low cost index fund

I am 20 to 25 yrs from retirement though.

JL Collins simple path to wealth is my strategy

Re: Stocks - In or Out? [Re: Sharon] #7507588
02/24/22 02:24 PM
02/24/22 02:24 PM
Joined: Oct 2020
Posts: 1,099
KY
I
ILcooner Offline
trapper
ILcooner  Offline
trapper
I

Joined: Oct 2020
Posts: 1,099
KY
in this order...

pay off any debts (I'm 100% debt free)

setup emergency fund of 6 months

invest in low cost index funds (Max out ROTH, HSA, TRAD IRA, then brokerage acct)

single stocks would be the last thing I would buy right now


Originally Posted by jbyrd63
Got a question for any of you guys. If you had 100,000 dollars today what would you do with it. Serious question. I have an annuity paying out in 6 days. Talked to a broker and may just be them but way too much in fees for me.


Last edited by ILcooner; 02/24/22 02:27 PM.
Re: Stocks - In or Out? [Re: ILcooner] #7507592
02/24/22 02:27 PM
02/24/22 02:27 PM
Joined: Aug 2021
Posts: 1,473
Over there.
F
Flicker Shad Offline
trapper
Flicker Shad  Offline
trapper
F

Joined: Aug 2021
Posts: 1,473
Over there.
Originally Posted by ILcooner
Buy and Hold.

VTSAX-whole stock market low cost index fund

I am 20 to 25 yrs from retirement though.

JL Collins simple path to wealth is my strategy

I'm going vdigx

Re: Stocks - In or Out? [Re: jbyrd63] #7507609
02/24/22 02:47 PM
02/24/22 02:47 PM
Joined: Aug 2014
Posts: 839
McCurtain Co. Oklahoma
O
OKforester Offline
trapper
OKforester  Offline
trapper
O

Joined: Aug 2014
Posts: 839
McCurtain Co. Oklahoma
Originally Posted by jbyrd63

No I think I'll start a fur company ,have people send me tons of inventory at their expense . Hold sales then file bankruptcy so I don't have to pay anyone . Then claim the fur didn't sale or it was bought back. Sale some at private treaty , under the table , back room powwow , what ever the term you want to use. Pay myself and my family out of the sale proceeds and sit back in my big cabin and read about it on a trapping forum...

Or has that ideal already been taken ?????
grin whistle cool


Too soon jbyrd!

Re: Stocks - In or Out? [Re: Rockfarmer] #7507641
02/24/22 03:13 PM
02/24/22 03:13 PM
Joined: Mar 2019
Posts: 1,497
Southern NJ
maintenanceguy Offline
trapper
maintenanceguy  Offline
trapper

Joined: Mar 2019
Posts: 1,497
Southern NJ
Just got a big payment from a customer that I've been waiting for for a few months. So I'm buying more of the stuff I just lost money on. Stock market is having a fire sale today.

In 2008 I got out just as the crash was happening. I didn't loose as much as everybody else. But I didn't see the recovery coming so I missed the ride up and ended up worse off than every body else. I'm riding this one out all the way down and then all the way back up. Yee Haw!

Last edited by maintenanceguy; 02/24/22 03:15 PM.

-Ryan
Re: Stocks - In or Out? [Re: ILcooner] #7507655
02/24/22 03:25 PM
02/24/22 03:25 PM
Joined: Feb 2014
Posts: 13,059
Ky
J
jbyrd63 Offline
trapper
jbyrd63  Offline
trapper
J

Joined: Feb 2014
Posts: 13,059
Ky
Originally Posted by ILcooner
in this order...

pay off any debts (I'm 100% debt free)

setup emergency fund of 6 months

invest in low cost index funds (Max out ROTH, HSA, TRAD IRA, then brokerage acct)

single stocks would be the last thing I would buy right now


Originally Posted by jbyrd63
Got a question for any of you guys. If you had 100,000 dollars today what would you do with it. Serious question. I have an annuity paying out in 6 days. Talked to a broker and may just be them but way too much in fees for me.





First 2 are done. Been debt free for 3 years now. Thanks for info

Re: Stocks - In or Out? [Re: Rockfarmer] #7507745
02/24/22 04:54 PM
02/24/22 04:54 PM
Joined: Feb 2011
Posts: 995
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 995
alberta
Green finish

Nice!

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