Crazy investing fact

[Trigger Time]

If I had kept several of those the return would have been insane. Who knew...

Yep you just never know. Hell man, I cant believe some of the stuff I've had in my childhood and lifetime thats worth a lot of money now. Its unreal. I'm not old. Supply and demand is a funny thing sometimes.
With the stuff I collect other than guns, I always try to anticipate the future. Sometimes there is a short term indicator like 10 years or even less. If its trending up it was probably a wise choice
Sometimes I missed the initial buy in but I'll grab it on the uptrend and usualy I win still. But it has to be items I enjoy. But I'm always considering future value always. I never buy anything like that only because I like it. I want my kids to have some cheddar when I die. I'll make up for not being able to run and jump and play all the times I missed. Yeah not the same but it's the best I can do

 

[Cameramonkey]

Ive resigned myself to the fact that I'll not retire and simply die at my desk.

 

[churchmouse]

Ive resigned myself to the fact that I'll not retire and simply die at my desk.

Yeah I am retired......

 

[Sigblitz]

Your broker gets a fee every time he makes a trade. In the bad times, he is getting paid with every trade he makes. Some people do their own trading. You can elect to do that on your IRA if you have an interest in it.
The last big indicator was the housing boom and getting 'paid' to buy a house with a 125% loan. You can't get something for nothing. There are a few indicators at the moment. There's been some layoffs. OPEC is going to drop production to raise gas prices. There's been a bump in interest rates. Everybody's saving their money to see what happens. Also with the new banking rules, banks are more worried about return of capital vs return on capital. In a crisis situation, they don't want to handle money for people who are going to rush to the bank. When banks start dropping customers, that could be seen as an indicator they are worried about protecting their ability to return capital. The irony is the banks created the last recession by making too many high risk loans for a quick buck.

 

[chezuki]

Is life all about money?

Yep. A Hundred Dollars at a time.

 

[CHCRandy]

I haven't seen numbers on my own investments north of 7% except for the last couple of years.

Do you do your own investment or have someone "taking care of it" for you? I have a couple of investments that pay me well over 10% a year in dividends alone....I have had them for years. Buy stock and cover yourself by buying out of the money puts...nice cheap insurance.

 

[AmmoManAaron]

I have a couple of investments that pay me well over 10% a year in dividends alone....I have had them for years. Buy stock and cover yourself by buying out of the money puts...nice cheap insurance.

More information please.

 

[CHCRandy]

More information please.

I like buying REITS or MREITS, they have to return 90% of profits to shareholders in order to remain a REIT. The companies I own/owned is ticker NRZ, MFA, CIM, NLY. CVRR is another but a lot more dangerous, not a REIT but big 23% dividend. Just for example, if you buy NLY shares for $10 and buy $9 puts for April of 2019 for .15. Now you can collect the dividend but if market crashes you have the puts making you money. 1 put for every share you own. Or else you can just set stop losses and not buy the puts...or you can do both stop loss and puts.

I trade these companies and usually buy or sell them several times a year so I make dividend and try to make another 10-15% in trading. Some are better trading stocks then others. Like NRZ and MFA are good for trading...NLY and CIM never really change. NRZ is what I consider to be the safest one.....you just have to buy it at right time.

Keep in mind. I am not schooled in investing at all (other than being wiped out in 2000-2002). I am self taught and this is just my opinion. I would classify myself as more a gambler, than an investor.

 

[eldirector]

When I got my first "real" job, our combined income put us below the poverty line. Still managed to put back 10% of my salary for retirement. It can be done, if it is a priority.

As the OP said, TIME is one of your best investments.

 

[maxwelhse]

For most people the really shocking investing news isn't shocking at all. Don't live beyond your means and don't borrow money you don't have to.

That's the recipe of everyone I know who is successful. Drive that old car into the ground and put the credit cards in the vault.

 

[ATOMonkey]

I have seen too many people become unemployable in their old age and have no retirement savings to fall back on. They end up working minimum wages jobs and are fairly destitute.

If that's how you want to go out, then ok, I guess.

 

[AtTheMurph]

Yeah this is true. A 7% average for a lifetime is a good conservative number to bet on. You should yield much higher even with the lows.
I lost a lot of money for a young guy back when **** crashed around 11 or so years ago, but I've made it back and much more since.
Also people who are young versus those that are getting older need to diversify their portfolios differently. And remember its never too late to start investing for your retirement. Something is better than nothing. It's an obvious saying but people always forget it. Just like tax stamps. People put them off because of the time it takes but 6 months later they still gripe about the time it takes. You can either retire with cash in your hand or someone elses dick In your hand because you didnt prepare.

7% is a good conservative number? Where are you investing Venezuela?

4% is probably a conservative number, maybe it isn't. Factor in taxes and inflation and if you make more than 2% net that would be a very good return over time.

 

[CHCRandy]

7% is a good conservative number? Where are you investing Venezuela?

4% is probably a conservative number, maybe it isn't. Factor in taxes and inflation and if you make more than 2% net that would be a very good return over time.

How could anyone possibly make 2-4%? The S&P since like 1927 to today has paid 11%+ average. If a guy just buys the SPY and lets it ride, never selling peaks and buying dips......inflation adjusted is 8% with no dividends reinvested.

2-4% must be buying bonds and CD's huh?

 

[Dead Duck]

I had a savings, a 401k, some stock and a great gun collection then....... I got married.

 

[historian]

I had kids before someone told me how to invest. Now I know and don't have money to put away.

 

[Trigger Time]

7% is a good conservative number? Where are you investing Venezuela?

4% is probably a conservative number, maybe it isn't. Factor in taxes and inflation and if you make more than 2% net that would be a very good return over time.

You better fire whoever is investing your money.

 

[Doug]

No worries; just vote for Socialists and everything will be free.

 

[rhino]

7% is a good conservative number? Where are you investing Venezuela?

4% is probably a conservative number, maybe it isn't. Factor in taxes and inflation and if you make more than 2% net that would be a very good return over time.

That is much closer to my experience.

 

[JettaKnight]

It's claimed that Albert Einstein once declared compound interest to be “the most powerful force in the universe.”

 

[greed]

You can never earn your way out of bad spending habits just the same as you can never exercise your way out of bad eating habits. I have tried both.

It all boils down to sacrifice and patience. If you need everything now you will end up with nothing. If you wait, think, decide you will only buy things you truly need/want and you will have plenty.

You can have anything you want. You just may need to change what you want.