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Main
Date: 07 Jan 2009 21:09:34
From: DonkeyBanAA
Subject: Building wealth
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ok im 33 - and was woundering what would be the best way to build wealth -
anyone?
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Date: 09 Jan 2009 19:23:01
From: risky biz
Subject: Re: Building wealth
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On Jan 7 2009 10:09 PM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
102 comments on this thread. There must be a shitpot full of
gazillionaires on this newsgroup.
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Date: 09 Jan 2009 01:42:25
From: Pepe Papon
Subject: Re: Building wealth
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On Wed, 07 Jan 2009 21:09:34 -0800, "DonkeyBanAA"
<freddiearballo@yahoo.com > wrote:
>ok im 33 - and was woundering what would be the best way to build wealth -
>anyone?
With 33, I would call a raise in late position and hope to flop a set.
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Date: 08 Jan 2009 20:50:19
From:
Subject: Re: Building wealth
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On 8 Jan, 01:09, "DonkeyBanAA" <freddiearba...@yahoo.com > wrote:
> ok im 33 - and was woundering what would be the best way to build wealth =
-
> anyone?
>
> -------=EF=BF=BD
> RecGroups : the community-oriented newsreader :www.recgroups.com
Republican's believe you can borrow your self to wealth. But BS is
better.
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Date: 08 Jan 2009 17:47:13
From: Dutch
Subject: Re: Building wealth
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"DonkeyBanAA" <freddiearballo@yahoo.com > wrote
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
All in the same vein, not sexy but effective. The turtle approach.
Live as far beneath your means as you can manage without going crazy. Take
pride in making that old car or TV last 15 years.
Spend less than you earn and save the difference. Invest conservatively,
don't be tempted to take risks in the hope of making huge returns, be very,
very patient.
Keep saving it, don't allow yourself to be tempted to spend it. The money
will grow and begin to earn money for you.
Buy what you need, not what you want, and then save the money and pay for
it, avoid credit like the plague.
Always pay off credit cards on time.
You'll be well off by the time you retire.
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Date: 11 Jan 2009 06:03:56
From: Beldin the Sorcerer
Subject: Re: Building wealth
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"Dutch" <no@email.com > wrote in message
news:gk6ab3$k0c$1@news.motzarella.org...
>
> "DonkeyBanAA" <freddiearballo@yahoo.com> wrote
>> ok im 33 - and was woundering what would be the best way to build
>> wealth -
>> anyone?
>
> All in the same vein, not sexy but effective. The turtle approach.
>
> Live as far beneath your means as you can manage without going crazy. Take
> pride in making that old car or TV last 15 years.
>
> Spend less than you earn and save the difference. Invest conservatively,
> don't be tempted to take risks in the hope of making huge returns, be
> very, very patient.
>
> Keep saving it, don't allow yourself to be tempted to spend it. The money
> will grow and begin to earn money for you.
>
> Buy what you need, not what you want, and then save the money and pay for
> it, avoid credit like the plague.
>
> Always pay off credit cards on time.
>
> You'll be well off by the time you retire.
AH!
This is the advice that started people slamming Dutch.
Dutch the moron, ladies and gentlemen!
You don't save for retirement in a bank.
You cannot save enough to support you for 20 years in 40 (or even 50) years.
You don't need hyperinflation to kill you off.
Regular minor inflation will do that just fine.
You'll need about 20 times your retirement income requirements to
perpetually generate (and slowly grow) your retirement money stream.
>
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Date: 08 Jan 2009 20:35:15
From: Paul Popinjay
Subject: Re: Building wealth
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"Dutch" <no@email.com > wrote in message
news:gk6ab3$k0c$1@news.motzarella.org...
> All in the same vein, not sexy but effective. The turtle approach.
>
> Live as far beneath your means as you can manage without going crazy. Take
> pride in making that old car or TV last 15 years.
>
> Spend less than you earn and save the difference. Invest conservatively,
> don't be tempted to take risks in the hope of making huge returns, be
> very, very patient.
>
> Keep saving it, don't allow yourself to be tempted to spend it. The money
> will grow and begin to earn money for you.
>
> Buy what you need, not what you want, and then save the money and pay for
> it, avoid credit like the plague.
>
> Always pay off credit cards on time.
>
> You'll be well off by the time you retire.
Another beauty speaks. What if this money he's "saving" cannot keep up with
its own devaluation? Huh, fuck face? What about THAT, numb nuts? What the
fuck are you telling DonkeyBan about him being "well off by the time he
retires"? Why don't you just tell DonkeyBan to jump off a building right
now and save him the trouble of when he wakes up broke at 70 years old
because he listened to you? Dutch, you're hardly someone to be giving
advice on this newsgroup, being that you're such a fucking idiot. Someone
might take your advice. It could be dangerous listening to you. Shut up!
Would your advice have helped had it been a Zimbabwean that you had advised?
Well? What do you say about that, big mouth?
-Paul Popinjay
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Date: 08 Jan 2009 22:54:41
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:huA9l.4650$jZ1.2154@flpi144.ffdc.sbc.com...
> "Dutch" <no@email.com> wrote in message
> news:gk6ab3$k0c$1@news.motzarella.org...
>
>> All in the same vein, not sexy but effective. The turtle approach.
>>
>> Live as far beneath your means as you can manage without going crazy.
>> Take pride in making that old car or TV last 15 years.
>>
>> Spend less than you earn and save the difference. Invest conservatively,
>> don't be tempted to take risks in the hope of making huge returns, be
>> very, very patient.
>>
>> Keep saving it, don't allow yourself to be tempted to spend it. The money
>> will grow and begin to earn money for you.
>>
>> Buy what you need, not what you want, and then save the money and pay for
>> it, avoid credit like the plague.
>>
>> Always pay off credit cards on time.
>>
>> You'll be well off by the time you retire.
>
> Another beauty speaks. What if this money he's "saving" cannot keep up
> with its own devaluation? Huh, fuck face? What about THAT, numb nuts?
> What the fuck are you telling DonkeyBan about him being "well off by the
> time he retires"? Why don't you just tell DonkeyBan to jump off a
> building right now and save him the trouble of when he wakes up broke at
> 70 years old because he listened to you? Dutch, you're hardly someone to
> be giving advice on this newsgroup, being that you're such a fucking
> idiot. Someone might take your advice. It could be dangerous listening
> to you. Shut up!
>
> Would your advice have helped had it been a Zimbabwean that you had
> advised? Well? What do you say about that, big mouth?
I say you're either a troll or a bonehead, or both.
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Date: 08 Jan 2009 23:17:00
From: Paul Popinjay
Subject: Re: Building wealth
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"Dutch" <no@email.com > wrote in message
news:gk6sbi$vg5$1@news.motzarella.org...
>
>
> I say you're either a troll or a bonehead, or both.
>
Yeah, that's what I thought, bitch. You ain't got squat to say, because
there IS nothing to say. Your advice sucked, and you can't defend yourself
against my bringing up the Zimbabwe issue. Frankly, you owe DonkeyBan an
apology for giving him such poor advice. You don't have to admit that I
bitch-slapped the fuck out of you. But you should be man enough to tell
DonkeyBan that you're sorry. In fact, you should tell the whole newsgroup
that you are sorry. Coming on here with your sorry ass advice, and then
when I call you on it you weakly sluff it off like I was "trolling". Oh,
yeah, right, like I would do that! That's pretty weak. It is clear to
everyone now, Dutch, what a weak-minded simpleton you actually are. The
next time you go spouting off about any other topic, I'm sure other readers
will have the sense to take what you say with a big grain of salt. Unless
you step up to the plate right now and pretend to be a man and address my
criticism of your advice in terms of the "Zimbabwe" issue, then you should
just unsubscribe from this newsgroup and never show up here under that
screen name again.
-Paul Popinjay
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Date: 08 Jan 2009 23:44:50
From: Dutch
Subject: Re: Building wealth
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"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
> "Dutch" <no@email.com> wrote in message
>> I say you're either a troll or a bonehead, or both.
>>
>
> Yeah
You should take some Kaopectate for that verbal diarrhea.
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Date: 09 Jan 2009 08:01:16
From: Paul Popinjay
Subject: Re: Building wealth
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"Dutch" <no@email.com > wrote in message
news:gk6v9k$m1j$1@news.motzarella.org...
>
> You should take some Kaopectate for that verbal diarrhea.
>
That's right, bring out the ad hominem when you run out of gas, fuck face.
If Donkeyban follows your advice, and we go through what Zimbabwe has gone
through, then he'll just end up broke. You are a total fraud, Dutch.
Please don't ever expect me to try to discuss anything reasonably with you
again.
-Paul Popinjay
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Date: 09 Jan 2009 13:52:57
From: Dutch
Subject: Re: Building wealth
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"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
> "Dutch" <no@email.com> wrote in message
> news:gk6v9k$m1j$1@news.motzarella.org...
>>
>> You should take some Kaopectate for that verbal diarrhea.
>>
>
> That's right, bring out the ad hominem when you run out of gas, fuck face.
I don't suppose irony is in your vocabulary..
> If Donkeyban follows your advice, and we go through what Zimbabwe has gone
> through, then he'll just end up broke.
If the planet explodes we'll all be screwed too.
> You are a total fraud, Dutch. Please don't ever expect me to try to
> discuss anything reasonably with you again.
When did you ever?.
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Date: 09 Jan 2009 14:05:26
From: BillB
Subject: Re: Building wealth
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"Dutch" <no@email.com > wrote in message
news:gk8gvt$js$1@news.motzarella.org...
> If the planet explodes we'll all be screwed too.
Are you really comparing protecting yourself from inflation with being
worried the planet will explode? Yikes!
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Date: 09 Jan 2009 18:54:54
From: Dutch
Subject: Re: Building wealth
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"BillB" <bogus@shaw1.ca > wrote
>
> "Dutch" <no@email.com> wrote in message
> news:gk8gvt$js$1@news.motzarella.org...
>
>> If the planet explodes we'll all be screwed too.
>
> Are you really comparing protecting yourself from inflation with being
> worried the planet will explode? Yikes!
No, I'm comparing the planet exploding to his reference to Zimbabwe. I am
attempting to out-ridiculous him. I thought it obvious.
On the subject of protection from inflation, what is there about living
frugally and investing consistently and conservatively for the long term
that you find inconsistent with that? I called it the turtle approach, but
it could also be called the Buffet approach. It is also advocated by a
number of financial gurus, those without a dog in the hunt like stock
promoters, and it has worked for me, which is the main reason I am passing
it along. But if you have some risk-free get-rich-quick ideas please share,
those are always good for a laugh at least.
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Date: 09 Jan 2009 19:46:02
From: BillB
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gk92m3$aaj$1@news.motzarella.org...
> No, I'm comparing the planet exploding to his reference to Zimbabwe. I am
> attempting to out-ridiculous him. I thought it obvious.
His reference to Zimbabwe was one among many real world examples that
highlight the grave risk inflation poses to one's investment portfolio. I
fail to see what is ridiculous about that. It's as serious as a heart
attack.Your comment about the planet exploding, on the other hand...well, I
just don't know what that is supposed to mean. Are you trying to say
hyper-inflation is as unlikely as the planet exploding? If so, your timing
is very poor.
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Date: 10 Jan 2009 00:55:57
From: Dutch
Subject: Re: Building wealth
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"BillB" <bogus@shaw1.ca > wrote
>
> "Dutch" <no@email.com> wrote
>> No, I'm comparing the planet exploding to his reference to Zimbabwe. I am
>> attempting to out-ridiculous him. I thought it obvious.
>
> His reference to Zimbabwe was one among many real world examples that
> highlight the grave risk inflation poses to one's investment portfolio. I
> fail to see what is ridiculous about that. It's as serious as a heart
> attack.
Well, I find the comparison between any of the western industrialized
nations and Zimbabwe to be absurd, along with the rest of the rubbish in his
overwrought response. There is no precedent in modern history for
hyperinflation anywhere he is likely to be living. So it's not a real-world
example by any reasonable definition of the term. In fact we're facing
contraction in the current ecomonic cycle, not inflation.
On the other hand my advice is tried and true through all of the economic
conditions he is ever likely to encounter. It certainly would do no harm.
>Your comment about the planet exploding, on the other hand...well, I just
>don't know what that is supposed to mean. Are you trying to say
>hyper-inflation is as unlikely as the planet exploding? If so, your timing
>is very poor.
Get a grip Bill, read his post again, he went totally off the deep end, you
expect me to ignore such a rant issue a completely rational rebuttal. I was
*MOCKING* him. If you have a sensible counter to what I said in my original
post I'd be happy to consider it.
Are you in Edmonton?
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Date: 10 Jan 2009 09:02:18
From: mo_charles
Subject: Re: Building wealth
|
> >> No, I'm comparing the planet exploding to his reference to Zimbabwe. I am
> >> attempting to out-ridiculous him. I thought it obvious.
> >
> > His reference to Zimbabwe was one among many real world examples that
> > highlight the grave risk inflation poses to one's investment portfolio. I
> > fail to see what is ridiculous about that. It's as serious as a heart
> > attack.
>
> Well, I find the comparison between any of the western industrialized
> nations and Zimbabwe to be absurd, along with the rest of the rubbish in his
> overwrought response. There is no precedent in modern history for
> hyperinflation anywhere he is likely to be living. So it's not a real-world
> example by any reasonable definition of the term. In fact we're facing
> contraction in the current ecomonic cycle, not inflation.
>
> On the other hand my advice is tried and true through all of the economic
> conditions he is ever likely to encounter. It certainly would do no harm.
>
> >Your comment about the planet exploding, on the other hand...well, I just
> >don't know what that is supposed to mean. Are you trying to say
> >hyper-inflation is as unlikely as the planet exploding? If so, your timing
> >is very poor.
>
> Get a grip Bill, read his post again, he went totally off the deep end, you
> expect me to ignore such a rant issue a completely rational rebuttal. I was
> *MOCKING* him. If you have a sensible counter to what I said in my original
> post I'd be happy to consider it.
>
> Are you in Edmonton?
try germany in the 30's. do you know what happened next?
mo_charles
----
RecGroups : the community-oriented newsreader : www.recgroups.com
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Date: 10 Jan 2009 14:26:00
From: Dutch
Subject: Re: Building wealth
|
"mo_charles" <harrybalzer@gmail.com > wrote
> try germany in the 30's. do you know what happened next?
I was waiting for somebody to bring that up. Western economies are facing a
deep recession, not the aftermath of losing a world war.
This is the economic version of a Godwin. I'm a little surprised that you
would circle the wagons like this just because of a little sound financial
advice. If it so anethema to the spirit of the gambler to be prudent with
one's money?
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Date: 10 Jan 2009 09:11:59
From: mo_charles
Subject: Re: Building wealth
|
> > > His reference to Zimbabwe was one among many real world examples that
> > > highlight the grave risk inflation poses to one's investment portfolio.
I
> > > fail to see what is ridiculous about that. It's as serious as a heart
> > > attack.
> >
> > Well, I find the comparison between any of the western industrialized
> > nations and Zimbabwe to be absurd, along with the rest of the rubbish in
his
> > overwrought response. There is no precedent in modern history for
> > hyperinflation anywhere he is likely to be living. So it's not a
real-world
> > example by any reasonable definition of the term. In fact we're facing
> > contraction in the current ecomonic cycle, not inflation.
>
> try germany in the 30's. do you know what happened next?
actually the 20's, but who'd want to live in ecuador, peru, brazil, china,
russia, germany, japan, or israel anyway?
http://en.wikipedia.org/wiki/Hyperinflation
mo_charles
_____________________________________________________________________
looking for a better newsgroup-reader? - www.recgroups.com
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Date: 10 Jan 2009 14:33:06
From: Dutch
Subject: Re: Building wealth
|
"mo_charles" <harrybalzer@gmail.com > wrote in message
news:vf1n36xtcc.ln2@recgroups.com...
>> > > His reference to Zimbabwe was one among many real world examples that
>> > > highlight the grave risk inflation poses to one's investment
>> > > portfolio.
> I
>> > > fail to see what is ridiculous about that. It's as serious as a heart
>> > > attack.
>> >
>> > Well, I find the comparison between any of the western industrialized
>> > nations and Zimbabwe to be absurd, along with the rest of the rubbish
>> > in
> his
>> > overwrought response. There is no precedent in modern history for
>> > hyperinflation anywhere he is likely to be living. So it's not a
> real-world
>> > example by any reasonable definition of the term. In fact we're facing
>> > contraction in the current ecomonic cycle, not inflation.
>>
>> try germany in the 30's. do you know what happened next?
>
> actually the 20's, but who'd want to live in ecuador, peru, brazil, china,
> russia, germany, japan, or israel anyway?
>
> http://en.wikipedia.org/wiki/Hyperinflation
There has not been an example of hyperinflation in any of the western
nations since the Confederate dollar lost value after the Civil War. Germany
and Japan both lost wars before their currencies fell, WWI and WWII
respectively. These cases were all precipitated by lost wars.
And we're supposed to base our personal financial planning on this looming
threat?
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Date: 10 Jan 2009 15:19:37
From: mo_charles
Subject: Re: Building wealth
|
> >> try germany in the 30's. do you know what happened next?
> >
> > actually the 20's, but who'd want to live in ecuador, peru, brazil, china,
> > russia, germany, japan, or israel anyway?
> >
> > http://en.wikipedia.org/wiki/Hyperinflation
>
> There has not been an example of hyperinflation in any of the western
> nations since the Confederate dollar lost value after the Civil War. Germany
> and Japan both lost wars before their currencies fell, WWI and WWII
> respectively. These cases were all precipitated by lost wars.
>
> And we're supposed to base our personal financial planning on this looming
> threat?
sound financial planning: study the last twenty five years (the long-run)
and extrapolate forward forever. you'll be fine.
mo_charles
_____________________________________________________________________
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Date: 10 Jan 2009 17:54:40
From: Dutch
Subject: Re: Building wealth
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"mo_charles" <harrybalzer@gmail.com > wrote in message
news:91nn36x6mf.ln2@recgroups.com...
>> >> try germany in the 30's. do you know what happened next?
>> >
>> > actually the 20's, but who'd want to live in ecuador, peru, brazil,
>> > china,
>> > russia, germany, japan, or israel anyway?
>> >
>> > http://en.wikipedia.org/wiki/Hyperinflation
>>
>> There has not been an example of hyperinflation in any of the western
>> nations since the Confederate dollar lost value after the Civil War.
>> Germany
>> and Japan both lost wars before their currencies fell, WWI and WWII
>> respectively. These cases were all precipitated by lost wars.
>>
>> And we're supposed to base our personal financial planning on this
>> looming
>> threat?
>
> sound financial planning: study the last twenty five years (the long-run)
> and extrapolate forward forever. you'll be fine.
Fine, but vague. Let's hear a specific plan.
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Date: 10 Jan 2009 18:14:22
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gkbjh7$428$1@news.motzarella.org...
>
> Fine, but vague. Let's hear a specific plan.
It's self-fucking-evident, you braindead fucking moron. If dollars are
going to be worthless, then you put your wealth into something that won't be
worthless. LIGHT BULB GOING OFF, moron? It's THAT fucking simple, Dutch.
And the same to Pickle. And the same to DonkeyBan also, if he's still
reading this thread after it's been so polluted by Dutch's tiresome
nonsense. Holy fuck city, Dutch, it is your MIND that is vague, if
anything. Doesn't take a mental giant to figure out a "specific plan". You
mental fucking cripple. And I'm serious too. Don't give me any of that
"trolling" bullshit. I truly believe, with all my heart, that you are a
very very stupid stupid person. And I don't have the patience.
-Paul Popinjay
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Date: 10 Jan 2009 21:50:37
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
> "Dutch" <no@email.com> wrote in message
> news:gkbjh7$428$1@news.motzarella.org...
>
>>
>> Fine, but vague. Let's hear a specific plan.
>
> It's self-fucking-evident
Then why isn't everyone wealthy? Why is he asking for advice?
, you braindead fucking moron. If dollars are
> going to be worthless, then you put your wealth into something that won't
> be worthless.
Dollars are NOT going to be worthless. That's a ridiculous premise. There's
no precedent for such a prediction. And when inflation spikes so do returns
on investments, as well as wages. I got 21% on Government Bonds in 1980.
Inflation didn't hurt my portfolio at all.
LIGHT BULB GOING OFF, moron? It's THAT fucking simple, Dutch.
> And the same to Pickle. And the same to DonkeyBan also, if he's still
> reading this thread after it's been so polluted by Dutch's tiresome
> nonsense. Holy fuck city, Dutch, it is your MIND that is vague, if
> anything. Doesn't take a mental giant to figure out a "specific plan".
Then do it. Let's hear it.
You
> mental fucking cripple. And I'm serious too. Don't give me any of that
> "trolling" bullshit. I truly believe, with all my heart, that you are a
> very very stupid stupid person. And I don't have the patience.
You're either a complete idiot or a troll. You choose, there's no other
option. I'd say a bit of both, but leaning towards idiot now.
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Date: 10 Jan 2009 15:47:24
From: Paul Popinjay
Subject: Re: Building wealth
|
"mo_charles" <harrybalzer@gmail.com > wrote in message
news:91nn36x6mf.ln2@recgroups.com...
>
> sound financial planning: study the last twenty five years (the long-run)
> and extrapolate forward forever. you'll be fine.
>
Hey, English mutherfucker!
The bottom line is that Dutch does not understand what inflation is. Hey,
I've seen plenty of very intelligent people who did not understand what
inflation is. So where does that leave someone like Dutch? Seriously.
-PP
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Date: 10 Jan 2009 09:39:55
From: Paul Popinjay
Subject: Re: Building wealth
|
"mo_charles" <harrybalzer@gmail.com > wrote in message
news:vf1n36xtcc.ln2@recgroups.com...
>>
>> try germany in the 30's. do you know what happened next?
>
> actually the 20's, but who'd want to live in ecuador, peru, brazil, china,
> russia, germany, japan, or israel anyway?
>
> http://en.wikipedia.org/wiki/Hyperinflation
>
> mo_charles
>
In this CNN article one gets a clue as to why morons like Dutch are so
clueless. Look how it completely avoids describing the process that is
causing prices to rise. Nowhere in the article is the mention of "money
supply". In fact, the article quotes one of communist Zimbabwe's officials
as blaming it on everything but what it should be blamed on. Naturally,
their "solution" is price controls. Ha ha! Remember Nixon?
-PP
HARARE, Zimbabwe (CNN) -- Zimbabwe's inflation rate has soared in the past
three months and is now at 11.2 million percent, the highest in the world,
according to the country's Central Statistical Office.
Zimbabwe's inflation rate has soared to a world high.
Official figures dated Monday show inflation has surged from the rate of 2.2
million percent recorded in May, despite the government's price controls.
The country's finance minister confirmed the new figure in an interview but
said the rising inflation rate was not confined to Zimbabwe alone.
"While our case has been aggravated by the illegal sanctions imposed by the
Western powers, rising food prices are a world phenomenon because of the use
of bio-fuel," said Samuel Mumbengegwi. "But we will continue to fight
inflation by making sure that prices charged are realistic."
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Date: 10 Jan 2009 07:50:53
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gk9nr3$2g1$1@news.motzarella.org...
>
>
> Well, I find the comparison between any of the western industrialized
> nations and Zimbabwe to be absurd, along with the rest of the rubbish in
> his overwrought response. There is no precedent in modern history for
> hyperinflation anywhere he is likely to be living. So it's not a
> real-world example by any reasonable definition of the term. In fact we're
> facing contraction in the current ecomonic cycle, not inflation.
>
Thank you, Dutch, for once again proving that you are one of the all-time
dumbest fucks to ever post in all of RGP history. By "contraction in the
current economic cycle", did you mean to imply that our money supply is not
expanding? ARE YOU READING THIS DONKEYBAN? I think everyone now can see
why I "raised my eyebrows" at reading Dutch's poor advice to DonkeyBan. The
FACT is, and not just Popinjay's imagination, that our money supply
threatens to be expanded like it never has before in the history of this
country. And Dutch is implying just the opposite. Ha! I am laughing my
fucking ass off. If anything sets a "precedent", it is Dutch's unmatched
stupidity.
Now, we all know what a total fucking idiot Dutch is. That is now
confirmed. Some of us already knew this. But what is troubling, is that
Pickle started off involved in this conversation, and he too failed to
address this issue when replying to DonkeyBan. Now, it appears Pickle
wishes to stay out of this and remain silent. Does that mean that for all
this time Pickled has been bluffing us? Does this mean that in reality
Pickle is really as clueless as Dutch? AS FRIGGIN DUTCH!!!?
-Paul Popinjay
|
| | | | | | | | | | | | | |
Date: 10 Jan 2009 14:21:38
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:bw3al.702$PE4.202@nlpi061.nbdc.sbc.com...
> "Dutch" <no@email.com> wrote in message
> news:gk9nr3$2g1$1@news.motzarella.org...
>>
>
>>
>> Well, I find the comparison between any of the western industrialized
>> nations and Zimbabwe to be absurd, along with the rest of the rubbish in
>> his overwrought response. There is no precedent in modern history for
>> hyperinflation anywhere he is likely to be living. So it's not a
>> real-world example by any reasonable definition of the term. In fact
>> we're
>> facing contraction in the current ecomonic cycle, not inflation.
>>
>
> Thank you, Dutch, for once again proving that you are one of the all-time
> dumbest fucks to ever post in all of RGP history. By "contraction in the
> current economic cycle", did you mean to imply that our money supply is
> not
> expanding?
I mean that we are not facing inflation, much less hyperinflation, we are
seeing depressed wages and prices in every sector from natural resources to
automobiles. We will see inflation again in future cycles, but it will be
muted by economic policies, it always is.
ARE YOU READING THIS DONKEYBAN? I think everyone now can see
> why I "raised my eyebrows" at reading Dutch's poor advice to DonkeyBan.
> The
> FACT is, and not just Popinjay's imagination, that our money supply
> threatens to be expanded like it never has before in the history of this
> country. And Dutch is implying just the opposite. Ha! I am laughing my
> fucking ass off. If anything sets a "precedent", it is Dutch's unmatched
> stupidity.
>
> Now, we all know what a total fucking idiot Dutch is. That is now
> confirmed. Some of us already knew this. But what is troubling, is that
> Pickle started off involved in this conversation, and he too failed to
> address this issue when replying to DonkeyBan. Now, it appears Pickle
> wishes to stay out of this and remain silent. Does that mean that for all
> this time Pickled has been bluffing us? Does this mean that in reality
> Pickle is really as clueless as Dutch? AS FRIGGIN DUTCH!!!?
Instead of ranting like an idiot why don't you start by providing some
historical support or precedent for this looming threat of hyperinflation in
western economies you have implied is imminent? Then let's hear your
financial strategy for this eventuality. Then you might entertain us with
some real reasons why investing conservatively and living within one's means
(ala Warren Buffet) is a bad idea. I look forward to your reasoned response.
Or alternately you can continue the clown act, it is what you do best.
|
| | | | | | | | | | | | | | |
Date: 10 Jan 2009 15:00:00
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
> Instead of ranting like an idiot why don't you start by providing some
> historical support or precedent for this looming threat of hyperinflation
> in western economies you have implied is imminent?
Well, if we're talking about the United States, what Bush and his cronies
have just done is unprecedented, fuck face. It doesn't take a mental giant
to figure out what is going to happen with this huge increase in the money
supply. Do you see any end in sight to the disasterous fiscal policies our
government is engaging in currently? The problem here, Dutch, is that
you're just too confused to ever understand the point I'm making. Others
here do. But you don't. You're not smart enough. From what I've read from
you in the past, I can only conclude that you are too stupid for words. I'd
rather you don't reply to me anymore, Dutch. I'm tired of your shit.
-Paul Popinjay
|
| | | | | | | | | | | | | | | |
Date: 10 Jan 2009 17:43:33
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
> "Dutch" <no@email.com> wrote in message
>
>> Instead of ranting like an idiot why don't you start by providing some
>> historical support or precedent for this looming threat of hyperinflation
>> in western economies you have implied is imminent?
>
>
> Well, if we're talking about the United States, what Bush and his cronies
> have just done is unprecedented, fuck face. It doesn't take a mental
> giant
> to figure out what is going to happen with this huge increase in the money
> supply. Do you see any end in sight to the disasterous fiscal policies
> our
> government is engaging in currently? The problem here, Dutch, is that
> you're just too confused to ever understand the point I'm making. Others
> here do. But you don't. You're not smart enough. From what I've read
> from
> you in the past, I can only conclude that you are too stupid for words.
> I'd rather you don't reply to me anymore, Dutch. I'm tired of your shit.
>
> -Paul Popinjay
I don't blame you for not wanting to hear any more from me, because every
time you respond you demonstrate that you not only don't have the manners of
a worm, you don't have a fucking clue.
Go play with yourself, something you might be good at.
|
| | | | | | | | | | | | | | | | |
Date: 10 Jan 2009 18:16:25
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gkbisc$u6n$1@news.motzarella.org...
>
> I don't blame you for not wanting to hear any more from me, because every
> time you respond you demonstrate that you not only don't have the manners
> of a worm, you don't have a fucking clue.
>
> Go play with yourself, something you might be good at.
No, fuck face, I have a clue alright. Bad manners? Maybe. But if there's
one thing I do have, that's a clue. And that's why millions and millions of
Paul Popinjay fans tune in to this newsgroup every day to read my opinions
on important matters. I guarantee that NO ONE tunes in to read your idiocy.
Morons like you are a dime a dozen, and the public is used to that kinda
shit already. Your stupidity doesn't sell. There's no market for it.
Please don't reply. Seriously.
-Paul Popinjay
|
| | | | | | | | | | | | | | | | | |
Date: 10 Jan 2009 21:51:36
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:bFcal.18067$ZP4.8260@nlpi067.nbdc.sbc.com...
> "Dutch" <no@email.com> wrote in message
> news:gkbisc$u6n$1@news.motzarella.org...
>>
>> I don't blame you for not wanting to hear any more from me, because every
>> time you respond you demonstrate that you not only don't have the manners
>> of a worm, you don't have a fucking clue.
>>
>> Go play with yourself, something you might be good at.
>
> No, fuck face, I have a clue alright. Bad manners? Maybe. But if
> there's
> one thing I do have, that's a clue. And that's why millions and millions
> of
> Paul Popinjay fans tune in to this newsgroup every day to read my opinions
> on important matters. I guarantee that NO ONE tunes in to read your
> idiocy.
> Morons like you are a dime a dozen, and the public is used to that kinda
> shit already. Your stupidity doesn't sell. There's no market for it.
>
> Please don't reply. Seriously.
What's the matter Paul, last word freak? I thought you were a notch above
Beldin. My bad.
|
| | | | | | | | | | | | | | | | | | |
Date: 11 Jan 2009 07:09:38
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gkc1dg$hno$1@news.motzarella.org...
>
> "Paul Popinjay" <paulpopinjay@sbcglobal.net> wrote in message
> news:bFcal.18067$ZP4.8260@nlpi067.nbdc.sbc.com...
>> "Dutch" <no@email.com> wrote in message
>> news:gkbisc$u6n$1@news.motzarella.org...
>>>
>>> I don't blame you for not wanting to hear any more from me, because
>>> every
>>> time you respond you demonstrate that you not only don't have the
>>> manners
>>> of a worm, you don't have a fucking clue.
>>>
>>> Go play with yourself, something you might be good at.
>>
>> No, fuck face, I have a clue alright. Bad manners? Maybe. But if
>> there's
>> one thing I do have, that's a clue. And that's why millions and millions
>> of
>> Paul Popinjay fans tune in to this newsgroup every day to read my
>> opinions
>> on important matters. I guarantee that NO ONE tunes in to read your
>> idiocy.
>> Morons like you are a dime a dozen, and the public is used to that kinda
>> shit already. Your stupidity doesn't sell. There's no market for it.
>>
>> Please don't reply. Seriously.
>
> What's the matter Paul, last word freak? I thought you were a notch above
> Beldin. My bad.
He's just slapping the retard around.
It's a fun game, sometimes.
>
|
| | | | | |
Date: 08 Jan 2009 23:24:26
From: Clave
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:YSC9l.4663$jZ1.2090@flpi144.ffdc.sbc.com...
> "Dutch" <no@email.com> wrote in message
> news:gk6sbi$vg5$1@news.motzarella.org...
>>
>
>>
>> I say you're either a troll or a bonehead, or both.
>>
>
> Yeah, that's what I thought, bitch. You ain't got squat to say, because
> there IS nothing to say. Your advice sucked, and you can't defend
> yourself
> against my bringing up the Zimbabwe issue. Frankly, you owe DonkeyBan an
> apology for giving him such poor advice. You don't have to admit that I
> bitch-slapped the fuck out of you. But you should be man enough to tell
> DonkeyBan that you're sorry. In fact, you should tell the whole newsgroup
> that you are sorry. Coming on here with your sorry ass advice, and then
> when I call you on it you weakly sluff it off like I was "trolling". Oh,
> yeah, right, like I would do that! That's pretty weak. It is clear to
> everyone now, Dutch, what a weak-minded simpleton you actually are. The
> next time you go spouting off about any other topic, I'm sure other
> readers
> will have the sense to take what you say with a big grain of salt. Unless
> you step up to the plate right now and pretend to be a man and address my
> criticism of your advice in terms of the "Zimbabwe" issue, then you should
> just unsubscribe from this newsgroup and never show up here under that
> screen name again.
You take more words to say "Yes, you're right" than anyone I know.
Jim
|
| | | | | | |
Date: 09 Jan 2009 07:57:05
From: Paul Popinjay
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
>
> You take more words to say "Yes, you're right" than anyone I know.
>
But he was NOT right, though, was he, numb nuts? If we experience what
Zimbabwe has experienced, then following Dutch's advice will just leave one,
BROKE! You creepy creep!
-PP
|
| | | | | | | |
Date: 09 Jan 2009 13:50:19
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:3yK9l.13304$YU2.7192@nlpi066.nbdc.sbc.com...
> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>
>> You take more words to say "Yes, you're right" than anyone I know.
>>
>
> But he was NOT right, though, was he, numb nuts?
What I gave was sound advice.
If we experience what
> Zimbabwe has experienced, then following Dutch's advice will just leave
> one, BROKE! You creepy creep!
Fucking Zimbabwe? You are definitely on drugs.
|
| | | | | | | | |
Date: 09 Jan 2009 20:56:41
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
>
> Fucking Zimbabwe? You are definitely on drugs.
Please point out to me what the big diference is between what Robert Mugabe
did to destroy Zimbabwe, and what George Bush has done to our country. You
can't, because it's quite similiar. You're dim, Dutch. Seriously, you're
quite dim.
-Paul Popinjay
|
| | | | | | | | | |
Date: 10 Jan 2009 02:26:58
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
> "Dutch" <no@email.com> wrote in message
>
>>
>> Fucking Zimbabwe? You are definitely on drugs.
>
> Please point out to me what the big diference is between what Robert
> Mugabe
> did to destroy Zimbabwe, and what George Bush has done to our country.
> You
> can't, because it's quite similiar. You're dim, Dutch. Seriously, you're
> quite dim.
>
> -Paul Popinjay
Sorry dude, I can't take you seriously. Surely you don't expect anyone to.
|
| | | | | | | | | | |
Date: 10 Jan 2009 07:38:33
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gk9t5o$c9g$1@news.motzarella.org...
>
> Sorry dude, I can't take you seriously. Surely you don't expect anyone
> to.
Does it look like I take you seriously? Y'know, Dutch, there are some
posters here that I can hold a serious conversation with. But you aren't
one of them. Obviously I think you're quite a stupid mutherfucker. And
you're proving it now. You're RE-proving it. Our nation's money supply has
never been expanded like it is nowadays, and in the other post you made
today you're talking about "no precedent of hyperinflation" as being a
reason to believe there will not be. You are hands down one of the
stupidest fucks to ever post on this newsgroup.
-Paul Popinjay
|
| | | | | | | | | | | |
Date: 11 Jan 2009 17:11:01
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
> "Dutch" <no@email.com> wrote
>>
>> Sorry dude, I can't take you seriously. Surely you don't expect anyone
>> to.
>
> Does it look like I take you seriously?
No, that's your problem.
> Y'know, Dutch, there are some posters here that I can hold a serious
> conversation with.
I have seen no evidence of that.
> But you aren't one of them.
That's because you launch into incoherent rants instead of remaining
rational.
> Obviously I think you're quite a stupid mutherfucker.
Does it look like I care what you think?
> And you're proving it now. You're RE-proving it.
I am allowing you to demonstrate how out of touch you are, and silly. You
are cooperating nicely.
> Our nation's money supply has never been expanded like it is nowadays,
Prove it.
> and in the other post you made today you're talking about "no precedent of
> hyperinflation" as being a reason to believe there will not be.
The past is the best predictor of the future. You are predicting something
that for all intents and purposes has never happened, and that no economists
are predicting will happen, so the burden is squarely on you to support this
claim. It presently stands as one of the all-time weakest counters anyone
has ever proposed to anything I've said online in twenty years. I thought
you were joking. I was giving you the benefit of the doubt.
> You are hands down one of the stupidest fucks to ever post on this
> newsgroup.
I do believe that you think that if you say that often enough you might
start looking less foolish than you do now.
|
| | | | | | | | | | | | |
Date: 11 Jan 2009 19:54:32
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gke5be$ml8$1@news.motzarella.org...
>
>
>> Our nation's money supply has never been expanded like it is nowadays,
>
> Prove it.
>
Ha! Prove it? Prove what, that the sky is blue? I'd bet that you are the
only one stupid enough on this newsgroup to think this is not so. Go ahead
and ask someone you respect, be it someone on the Left or the Right. Go
ahead, fuck face. Or google it. I'm not going to beg you to believe
something that is so well known. Look it up, you fucking dick head.
Aha! New signature line.
-Paul Popinjay
----------------------------------------------------------------
[Our nation's money supply has greatly expanded]
"Prove it" -- Dutch, on rgp, 1/11/2009
[Look it up, you fucking dick head]
|
| | | | | | | | | | | | | |
Date: 11 Jan 2009 23:03:53
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote...
> "Dutch" <no@email.com> wrote
>>> Our nation's money supply has never been expanded like it is nowadays,
>>
>> Prove it.
>>
>
> Ha! Prove it?
That's right big shot, prove it, you know, support your statements?
When you're done show how this will lead to this hyperinflation for the
first time in history for a western democracy that has not just been
defeated in a world war.
Then, show how living frugally and investing conservatively is a bad
strategy in such times.
Finally, let's hear a better financial strategy from the great mind of
Popinjay.
RGP awaits, this oughta be really good.
|
| | | | | | | | | | | | | | |
Date: 12 Jan 2009 10:53:02
From: mo_charles
Subject: Re: Building wealth
|
> > Ha! Prove it?
>
> That's right big shot, prove it, you know, support your statements?
>
> When you're done show how this will lead to this hyperinflation for the
> first time in history for a western democracy that has not just been
> defeated in a world war.
>
> Then, show how living frugally and investing conservatively is a bad
> strategy in such times.
>
> Finally, let's hear a better financial strategy from the great mind of
> Popinjay.
>
> RGP awaits, this oughta be really good.
what's the best way to test a hypothesis, idiot? paul, this guy's dumber
than hell!
mo_charles
______________________________________________________________________
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | | | | | | | | | | | | | | |
Date: 12 Jan 2009 13:09:13
From: Dutch
Subject: Re: Building wealth
|
"mo_charles" <harrybalzer@gmail.com > wrote
>> > Ha! Prove it?
>>
>> That's right big shot, prove it, you know, support your statements?
>>
>> When you're done show how this will lead to this hyperinflation for the
>> first time in history for a western democracy that has not just been
>> defeated in a world war.
>>
>> Then, show how living frugally and investing conservatively is a bad
>> strategy in such times.
>>
>> Finally, let's hear a better financial strategy from the great mind of
>> Popinjay.
>>
>> RGP awaits, this oughta be really good.
>
> what's the best way to test a hypothesis, idiot? paul, this guy's dumber
> than hell!
Another gem from the stooges.
|
| | | | | | | | | | | | | | |
Date: 12 Jan 2009 04:52:09
From: Paul Popinjay
Subject: Re: Building wealth
|
"Dutch" <no@email.com > wrote in message
news:gkeq13$gta$1@news.motzarella.org...
>
>
> That's right big shot, prove it, you know, support your statements?
>
> When you're done show how this will lead to this hyperinflation
"Inflation", IS an increase in the money supply. Rising prices is a result.
You dumb fuck.
Here is my financial advice for you.
o0o o0o
|
| | | | | | | | | | | | | | | |
Date: 12 Jan 2009 15:47:55
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:M3Hal.1758$%54.1017@nlpi070.nbdc.sbc.com...
> "Dutch" <no@email.com> wrote in message
> news:gkeq13$gta$1@news.motzarella.org...
>>
>
>>
>> That's right big shot, prove it, you know, support your statements?
>>
>> When you're done show how this will lead to this hyperinflation
>
>
> "Inflation", IS an increase in the money supply. Rising prices is a
> result. You dumb fuck.
>
Willie, inflation is rising prices.
It is not always caused by an increase in the money supply, nor does
increasing the money supply always result in inflation.
This has been discussed already.
Go reread the Wilipedia article on it.
|
| | | | | | | | | | | | | | | | |
Date: 12 Jan 2009 08:45:09
From: Paul Popinjay
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:LCJal.6407$Es4.2676@nwrddc01.gnilink.net...
>
>
> Willie, inflation is rising prices.
> It is not always caused by an increase in the money supply, nor does
> increasing the money supply always result in inflation.
>
> This has been discussed already.
> Go reread the Wilipedia article on it.
That's like saying wet streets cause rain. Go fuck yourself, Beldin, look
it up in a dictionary. An older dictionary, preferably. I mean, look up
"inflation", not "fuck yourself".
On second thought, I don't care whether you look it up or not. I don't care
whether you understand it or not. I don't like either one of you, and I
personally hope you are both destitute and out in the streets someday,
eating out of garbage cans. I think I'm done with this thread.
one for you, Beldin o0o
and one for Dutch o0o
|
| | | | | | | | | | | | | | | | | |
Date: 13 Jan 2009 15:52:44
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:ntKal.18201$ZP4.12589@nlpi067.nbdc.sbc.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:LCJal.6407$Es4.2676@nwrddc01.gnilink.net...
>>
>
>>
>> Willie, inflation is rising prices.
>> It is not always caused by an increase in the money supply, nor does
>> increasing the money supply always result in inflation.
>>
>> This has been discussed already.
>> Go reread the Wilipedia article on it.
>
> That's like saying wet streets cause rain.
No, Popster.
It's like saying rain isn't always the reason for something getting wet, (a
sprinkler can do that) nor does rain always wet something (It might be
covered up)
Your ignorance, Willie, is showing.
Go fuck yourself, Beldin, look
> it up in a dictionary. An older dictionary, preferably. I mean, look up
> "inflation", not "fuck yourself".
I know what both terms mean. Not as intimately as YOU do (I've seen the
video of you fucking yourself.... nasty nasty shit.)
Inflation can be caused by things other than currency inflation.
Currency inflation below the rate of growth doesn't cause price inflation
(what 'inflation' means today)
>
> On second thought, I don't care whether you look it up or not. I don't
> care whether you understand it or not. I don't like either one of you,
> and I personally hope you are both destitute and out in the streets
> someday, eating out of garbage cans. I think I'm done with this thread.
Fine.
Go fuck Willie in the ass some more, then.
You inflate-a-date
|
| | | | | | | | | | | | | | | | | | |
Date: 14 Jan 2009 06:39:38
From: Paul Popinjay
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:gN2bl.6739$Es4.5161@nwrddc01.gnilink.net...
>
>
> Inflation can be caused by things other than currency inflation.
>
> Currency inflation below the rate of growth doesn't cause price inflation
> (what 'inflation' means today)
>
Is that why a 2009 dollar buys just a fraction of what a 1964 dollar bought,
fuck face? The money supply has grown THAT much, you fucking shithead,
Beldin. Your youthful ignorance is shining brightly. I told you to look it
up in an OLDER dictionary, not your latest wikipedia or new & "improved"
dictionary. They CHANGED the meaning of the word "inflation" for exactly
THIS reason. So dumb mutherfuckers like you, (and there's a lot like you),
would be confused as to the CAUSE of rising prices. It's the INCREASE IN
THE MONEY SUPPLY, you stupid idiot. One last go fuck yourself, Beldin. I
hope you're eating out of a garbage can someday, Beldin, you miserable
little creep.
warmest regards,
-Paul Popinjay
|
| | | | | | | | | | | | | | | | | | | |
Date: 15 Jan 2009 14:44:13
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:HMmbl.83$Lr6.51@flpi143.ffdc.sbc.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:gN2bl.6739$Es4.5161@nwrddc01.gnilink.net...
>>
>
>>
>> Inflation can be caused by things other than currency inflation.
>>
>> Currency inflation below the rate of growth doesn't cause price inflation
>> (what 'inflation' means today)
>>
>
>
> Is that why a 2009 dollar buys just a fraction of what a 1964 dollar
> bought, fuck face?
Sure. Multiple modes of inflation have hit.
The money supply isn't responsible for all of it.
The money supply has grown THAT much, you fucking shithead,
No, cocksucker, it hasn't.
Tell Willie to stop fucking your head, your brain exploded.
> Beldin. Your youthful ignorance is shining brightly.
Fuckface, I haven't been a youth in decades.
I told you to look it
> up in an OLDER dictionary, not your latest wikipedia or new & "improved"
> dictionary. They CHANGED the meaning of the word "inflation" for exactly
> THIS reason. So dumb mutherfuckers like you, (and there's a lot like
> you), would be confused as to the CAUSE of rising prices.
No, fuckhead, it's because the cause of rising prices changed.
It's the INCREASE IN
> THE MONEY SUPPLY, you stupid idiot.
Sometimes.
Not always, assjammer.
Although you catch as much as you pitch, I'm sure.
You're just Willie's fucktoy after all.
One last go fuck yourself, Beldin. I
> hope you're eating out of a garbage can someday, Beldin, you miserable
> little creep.
Never happen.
I practice solid asset management.
>
> warmest regards,
Willie's goo in your crack?
|
| | | | | | | | | | | | | | | | | | | | |
Date: 15 Jan 2009 07:56:13
From: Paul Popinjay
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:1ZHbl.371$Dx.229@nwrddc02.gnilink.net...
>
>
> The money supply isn't responsible
>
What caused the Zimbabwe dollar to lose its value? Why do they now print a
Gazillion Dollar note in Zimbabwe, and why does it only buy a loaf of bread?
Answer: BECAUSE THEY NON-STOP PRINTED THE FUCK OUT OF THEM! That's why,
you moron.
You are clearly the most childish poster in all of RGP history, and I will
not continue to tolerate your abuse. I am preparing my killfile for you now
as we speak. Unlike the one I am preparing for Risky Biz, yours WILL NOT
have the little bottles of shampoo and mouth wash that you get in hotels.
NOR a coffee makee either, you shit head.
o0o
warmest,
-Paul Popinjay
|
| | | | | | | | | | | | | | | | | | | | | |
Date: 17 Jan 2009 14:54:41
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:ZYIbl.8783$8_3.4700@flpi147.ffdc.sbc.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:1ZHbl.371$Dx.229@nwrddc02.gnilink.net...
>>
>
>>
>> The money supply isn't responsible
>>
>
>
> What caused the Zimbabwe dollar to lose its value? Why do they now print
> a
> Gazillion Dollar note in Zimbabwe, and why does it only buy a loaf of
> bread?
Shithead, hyperinflation caused by massively increasing the money supply to
the point of brain damage is not the same as increasing it below the rate of
GNP.
Shithead, giving you a massive dose of nitro will kill you.
A small amount may save your life.
Are you really THIS fucking stupid?
Well yes, yes you are.
Of course, you're just an inflatable doll, with willie riding you.
|
| | | | | | | | | | | | | | | | | | | |
Date: 14 Jan 2009 06:53:08
From: CincinnatiKid
Subject: Re: Building wealth
|
On Jan 14 2009 9:39 AM, Paul Popinjay wrote:
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:gN2bl.6739$Es4.5161@nwrddc01.gnilink.net...
> >
>
> >
> > Inflation can be caused by things other than currency inflation.
> >
> > Currency inflation below the rate of growth doesn't cause price inflation
> > (what 'inflation' means today)
> >
>
>
> Is that why a 2009 dollar buys just a fraction of what a 1964 dollar bought,
> fuck face? The money supply has grown THAT much, you fucking shithead,
> Beldin. Your youthful ignorance is shining brightly. I told you to look it
> up in an OLDER dictionary, not your latest wikipedia or new & "improved"
> dictionary. They CHANGED the meaning of the word "inflation" for exactly
> THIS reason. So dumb mutherfuckers like you, (and there's a lot like you),
> would be confused as to the CAUSE of rising prices. It's the INCREASE IN
> THE MONEY SUPPLY, you stupid idiot. One last go fuck yourself, Beldin. I
> hope you're eating out of a garbage can someday, Beldin, you miserable
> little creep.
>
> warmest regards,
> -Paul Popinjay
Holding in your feelings like this can't be good for your health, Paul.
Let it out. Tell us how you really feel.
---
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | | | | | | | | | | | | | | | | | | | |
Date: 14 Jan 2009 15:34:02
From: Paul Popinjay
Subject: Re: Building wealth
|
"CincinnatiKid" <a16b5@webnntp.invalid > wrote in message
news:kra146xqno.ln2@recgroups.com...
>
> Holding in your feelings like this can't be good for your health, Paul.
> Let it out. Tell us how you really feel.
>
You're right, Cincy. Not only do I hope he is destitute and eating out of
garbage cans someday, but I ALSO hope he gets ptomaine poisoning from it.
The only reason I didn't mention the ptomaine part earlier is because I
didn't want to hurt his feelings.
-PP
|
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Date: 15 Jan 2009 14:09:48
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:YEubl.13202$yr3.2088@nlpi068.nbdc.sbc.com...
> "CincinnatiKid" <a16b5@webnntp.invalid> wrote in message
> news:kra146xqno.ln2@recgroups.com...
>
>>
>> Holding in your feelings like this can't be good for your health, Paul.
>> Let it out. Tell us how you really feel.
>>
>
> You're right, Cincy. Not only do I hope he is destitute and eating out of
> garbage cans someday, but I ALSO hope he gets ptomaine poisoning from it.
> The only reason I didn't mention the ptomaine part earlier is because I
> didn't want to hurt his feelings.
You care about people's feelings?
|
| | | | | | | | | | | | | | | | | |
Date: 12 Jan 2009 13:08:10
From: Dutch
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote
>> Willie, inflation is rising prices.
>> It is not always caused by an increase in the money supply, nor does
>> increasing the money supply always result in inflation.
>>
>> This has been discussed already.
>> Go reread the Wilipedia article on it.
>
> That's like saying wet streets cause rain. Go fuck yourself, Beldin, look
> it up in a dictionary. An older dictionary, preferably. I mean, look up
> "inflation", not "fuck yourself".
>
> On second thought, I don't care whether you look it up or not. I don't
> care whether you understand it or not. I don't like either one of you,
> and I personally hope you are both destitute and out in the streets
> someday, eating out of garbage cans. I think I'm done with this thread.
You were never IN this thread, except as a ranting dimwit with nothing
worthwhile to say.
WTF is wrong with you anyway? I always thought you were a fairly amusing
troll, but you seem to take yourself seriously.
|
| | | | | | | | | | | | | | | | | | |
Date: 13 Jan 2009 07:01:18
From: da pickle no spam
Subject: Re: Building wealth
|
"Dutch"
>>> Willie, inflation is rising prices.
>>> It is not always caused by an increase in the money supply, nor does
>>> increasing the money supply always result in inflation.
>>>
>>> This has been discussed already.
>>> Go reread the Wilipedia article on it.
>>
>> That's like saying wet streets cause rain. Go fuck yourself, Beldin,
>> look
>> it up in a dictionary. An older dictionary, preferably. I mean, look up
>> "inflation", not "fuck yourself".
>>
>> On second thought, I don't care whether you look it up or not. I don't
>> care whether you understand it or not. I don't like either one of you,
>> and I personally hope you are both destitute and out in the streets
>> someday, eating out of garbage cans. I think I'm done with this thread.
>
> You were never IN this thread, except as a ranting dimwit with nothing
> worthwhile to say.
>
> WTF is wrong with you anyway? I always thought you were a fairly amusing
> troll, but you seem to take yourself seriously.
You will wish you listened to Pop when the time comes. Unfortunately it
will be too late then
|
| | | | | | | | | | | | | | | | | | | |
Date: 13 Jan 2009 13:58:47
From: Dutch
Subject: Re: Building wealth
|
"da pickle no spam" <jcpickeIs@(nospam)hotmail.com > wrote
> "Dutch"
>
>>>> Willie, inflation is rising prices.
>>>> It is not always caused by an increase in the money supply, nor does
>>>> increasing the money supply always result in inflation.
>>>>
>>>> This has been discussed already.
>>>> Go reread the Wilipedia article on it.
>>>
>>> That's like saying wet streets cause rain. Go fuck yourself, Beldin,
>>> look
>>> it up in a dictionary. An older dictionary, preferably. I mean, look
>>> up
>>> "inflation", not "fuck yourself".
>>>
>>> On second thought, I don't care whether you look it up or not. I don't
>>> care whether you understand it or not. I don't like either one of you,
>>> and I personally hope you are both destitute and out in the streets
>>> someday, eating out of garbage cans. I think I'm done with this thread.
>>
>> You were never IN this thread, except as a ranting dimwit with nothing
>> worthwhile to say.
>>
>> WTF is wrong with you anyway? I always thought you were a fairly amusing
>> troll, but you seem to take yourself seriously.
>
> You will wish you listened to Pop when the time comes. Unfortunately it
> will be too late then
Listened to WHAT? I giggle at his tongue in cheek humor sometimes but I
haven't seen anything of substance yet.
|
| | | | | | | | | | | | | | |
Date: 11 Jan 2009 23:46:45
From: Steam
Subject: Re: Building wealth
|
On Jan 11 2009 11:03 PM, Dutch wrote:
> "Paul Popinjay" <paulpopinjay@sbcglobal.net> wrote...
> > "Dutch" <no@email.com> wrote
>
> >>> Our nation's money supply has never been expanded like it is nowadays,
> >>
> >> Prove it.
> >>
> >
> > Ha! Prove it?
>
> That's right big shot, prove it, you know, support your statements?
>
> When you're done show how this will lead to this hyperinflation for the
> first time in history for a western democracy that has not just been
> defeated in a world war.
>
> Then, show how living frugally and investing conservatively is a bad
> strategy in such times.
>
> Finally, let's hear a better financial strategy from the great mind of
> Popinjay.
>
> RGP awaits, this oughta be really good.
There are several graphs of money supply growth on this page
http://en.wikipedia.org/wiki/Money_supply , the largest being from 1959 to
2005. Here is data from the feral reserve
http://www.federalreserve.gov/releases/h6/hist/h6hista.htm .
I'm not necessarily endorsing that the US is headed for hyperinflation,
and I haven't heard what investments that Popinjay is endorsing, just
responding to the money supply issue.
_____________________________________________________________________
RecGroups : the community-oriented newsreader : www.recgroups.com
|
| | | | | | | | | | | | | | | |
Date: 12 Jan 2009 13:04:59
From: Dutch
Subject: Re: Building wealth
|
"Steam" <a74baac@webnntp.invalid > wrote in message
news:549r36x871.ln2@recgroups.com...
> On Jan 11 2009 11:03 PM, Dutch wrote:
>
>> "Paul Popinjay" <paulpopinjay@sbcglobal.net> wrote...
>> > "Dutch" <no@email.com> wrote
>>
>> >>> Our nation's money supply has never been expanded like it is
>> >>> nowadays,
>> >>
>> >> Prove it.
>> >>
>> >
>> > Ha! Prove it?
>>
>> That's right big shot, prove it, you know, support your statements?
>>
>> When you're done show how this will lead to this hyperinflation for the
>> first time in history for a western democracy that has not just been
>> defeated in a world war.
>>
>> Then, show how living frugally and investing conservatively is a bad
>> strategy in such times.
>>
>> Finally, let's hear a better financial strategy from the great mind of
>> Popinjay.
>>
>> RGP awaits, this oughta be really good.
>
> There are several graphs of money supply growth on this page
> http://en.wikipedia.org/wiki/Money_supply , the largest being from 1959 to
> 2005. Here is data from the feral reserve
> http://www.federalreserve.gov/releases/h6/hist/h6hista.htm .
>
> I'm not necessarily endorsing that the US is headed for hyperinflation,
> and I haven't heard what investments that Popinjay is endorsing, just
> responding to the money supply issue.
Popinjay isn't endorsing anything, he's just indulging in a silly rant.
I'm no economist, but then I'm not predicting something that hasn't occured
in any western economy since the aftermath of WWII. The last period of high
inflation in the west was in 1979-1981 and conservative investments like
government and blue-chip bonds did very well during that period.
|
| |
Date: 08 Jan 2009 15:52:20
From: DELETETHIS
Subject: Re: Building wealth
|
1st find something you really like to do and then do it and you will
never have to work a day in your life
learn real estate development - learn to plug up the numbers and see how
they show a profit. Find out what it cost to permit - pave - water and
sewer for raw land. plug the numbers up and see if a profit is there. If
it is there are ALWAYS investors that will go in with you. It is better
if you have a "little" of your own money but it is not required. When
you 1st start - it will not be easy to get money people to invest with
you. Start small say a 30 or 40 lot subdivision or even a small
apartment complex (they rarely show a profit for the 1st 5 years or
until the rent goes up 3 or 4 times). After you do a few AND MAKE
INVESTORS MONEY you will rarely need to look for investors - they will
sorta find you and your original group will invest again and again and
the total number will grow to 20-35 (more than that is hard to handle).
The "package" man (you) usually gets 10% for putting the deal together
and that is how you start making money. After a few deals you will
start putting in money of your own and now get a partners share in
addition to your 10%. Many of these "package" people are real estate
agents (more are brokers that do no business with the public) and earn
commissions on the sale and purchase of the property. Selling to
builders is the easier way and produces quicker returns so you can move
on to the next project. LLC's are the usual instrument for these task
and many times they are dissolved before all the lots are sold. Owners
divide up the lots based on investment and many let them sit a year or 2
and sell the remaining lots at considerably higher prices than the
original sale if the development works well in a nice area. Learn a
little tax law for real estate and learn the workings of LLC's and dont
lie to investors to make a deal (if you do you are done finding
investors) This is greatly understated but is not impossible but does
require persistence when first starting. As a starter you might learn
to build houses - build your own sell it - build another - thats how
most of the builders got started. A hint on the land development end -
get or look at photos from the air over the last 15 years and it will be
plain as day which way you area is growing. Go just outside and start
looking - the is money just sitting there waiting to be picked up. Go
to a home builders meeting or two and listen - introduce yourself -dont
try to sell them early just meet a few - it will pay off latter
Dont worry -- every 11-12 years you will go broke - just seems to be the
cycle. Put some money away to hold on during the down time and move 2
months (both ends) before everybody else and you can become rich. It is
a very HARD start but get easier every year and you have no idea how
much can be made. If you are in California or another state that makes
development very expensive - look for some other way. Dont let the
dollars scare you just because you dont normally deal with those
numbers. Never let them know you play poker or gamble for any reason
other than fun. These people dont want you (or them) to "gamble" with
their money and if you do the work there is very little risk involved
for anyone.
DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
>
> -------
> RecGroups : the community-oriented newsreader : www.recgroups.com
>
>
|
| |
Date: 08 Jan 2009 12:06:01
From: da pickle
Subject: Re: Building wealth
|
"DonkeyBanAA"
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
When asked about golf advice, a pro said: "Start younger."
However, we must play the hand we are dealt at the time we are dealt it.
You have plenty of time. One tried and true method is avoid all the taxes
you can and with what they let you keep ... save at least 10% for your
retirement, give 10% to the charity of your choice, save whatever it takes
to purchase the big items you want (that is, pay cash for everything less
than your home), drive older automobiles, and have a blast with the rest.
It is not what you make, it is what you spend.
"I made enough money to buy Miami, but I pissed it all away."
"Money does not buy happiness, but you can buy a sports car and drive around
looking for it."
I made a lot of money during my 40th and 50th decades. Not so much during
my 30's, and certainly not so much since I passed sixty.
I drive a 2000 Towncar and my wife drives a 2000 Cadillac ... we live in a
very nice "camp" on 15 acres of land on the Red River. We travel
extensively and play a lot of poker all over the world. We like cruises and
are regulars at cardplayercruises. We have no debt but we support several
families with free rent in some of our real estate holdings.
I think if you have everything paid for, you can just about live on Social
Security, if you choose your retirement location carefully. (You will need
about $2000 a month for "fun" ... but you get the idea.)
This is in the latest WSJ ... we have a million dollars invested in Vanguard
funds.
OPINION
JANUARY 8, 2009, 11:27 A.M. ET
Six Lessons for Investors
Be diversified and don't assume past performance will continue.
By JOHN C. BOGLE
There is almost no limit to the ability of investors to ignore the lessons
of the past. This cost them dearly last year. Here are six of the most
important of these lessons:
1) Beware of market forecasts, even by experts. As 2008 began, strategists
from Wall Street's 12 major firms forecast the end-of-the-year closing level
and earnings of the Standard and Poor's 500 Stock Index. On average, the
forecast was for a year-end price of 1,640 and earnings of $97. There was
remarkably little disparity of opinion among these sages.
Reality: the S&P closed the year at 903, with reported earnings estimated at
$50.
Strategists aren't always wrong. But they have been consistent, betting year
after year that the market will rise, usually by about 10%. Thus, they got
it about right in 2004, 2006 and 2007, but also totally missed the market
declines in 2000, 2001 and 2002, and vastly underestimated the resurgence in
2003.
Ignore the forecasts of inevitably bullish strategists. Bearish strategists
on Wall Street's payroll don't survive for long.
2) Never underrate the importance of asset allocation. Investing is not
about owning only common stocks. Nor are historical stock returns a sound
guide to future returns. Virtually all investors should keep some "dry
powder" in their portfolios in the form of high-grade short- and
intermediate-term bonds. Investors who failed to learn that lesson fell on
especially hard times in 2008.
How much in bonds? A good place to start is a bond percentage that equals
your age. Although I don't slavishly adhere to that rule, my bond position
accounted for about 65% of my personal portfolio in early 2000. Because
returns on my bond funds since then have totaled 50% and returns on my stock
funds were negative 25%, bonds are now about 75% of my portfolio, still
close to my advancing age.
With all the focus on historical returns that greatly favor stocks, don't
ignore bonds. Consider not only the probabilities of future returns on
stocks, but the consequences if you are wrong.
3) Mutual funds with superior performance records often falter. Last year
was an extreme example. With the S&P 500 off 37% for the year, Legg Mason
Value Trust fell by 55%. Fidelity Magellan Fund, after a good 2007, was off
49%. Funds managed by proven long-term pros felt the pain -- Dodge and Cox
Stock down 43%; Third Avenue Value down 46%; CGM Focus down 48%; Clipper
down 50%; Longleaf Partners down 51%. (Full disclosure: Four of Vanguard's
actively-managed equity funds also lagged the market by wide margins.)
Only time will tell whether the disappointing shortfalls experienced by
these and other funds will be recovered in the future, whether the skills of
their managers have atrophied, or whether their luck has run out. Whatever
the case, chasing past performance is all too often a loser's game. Managers
of funds seeking market-beating returns should make it clear to investors
that they must be prepared to trail the market -- perhaps substantially --
in at least one year of every three.
4) Owning the market remains the strategy of choice. Such a strategy
guarantees a return that lags the market return by a minuscule amount, and
exceeds the return captured by active equity-fund managers as a group by a
substantial amount. Why? Because the heavy costs incurred by investors in
actively managed equity funds can easily amount to 2% to 3% annually.
Typical expense ratios run from 1% to 1.5%; the hidden costs of portfolio
turnover often come to 0.5% to 1.0%; a 5% front-end sales load, amortized
over a holding period of five to 10 years, adds another 0.5% to 1.0% per
year in costs.
As a group, investors are by definition indexers. (That is, they own the
entire market.) So indexing wins, not because markets are efficient
(sometimes they are, sometimes they are not), but because its all-in annual
costs amount to as little as 0.1% to 0.2%.
Indexing won in 2008 by an especially wide margin. Low-cost, low-turnover,
no-load S&P 500 index funds outpaced nearly 70% of all equity funds, and
(admittedly a fairer comparison) more than 60% of all funds focused on
large-cap U.S. stocks. This continues the pattern -- with some variations --
that goes back to the start of the first index fund 33 years ago. The bond
index fund did even better. Its return of 5% for 2008 outpaced more than 80%
of all taxable bond funds.
In sum, active management strategies as a group lose because they are
expensive. Passive indexing strategies win because they are cheap.
5) Look before you leap into alternative asset classes. During 2006-07,
equity mutual funds focused on developed international markets and emerging
markets provided strong relative returns to U.S. stocks. During that period,
U.S. investors made net purchases of $285 billion in mutual funds investing
in non-U.S. stocks, and liquidated on balance some $35 billion from funds
focused on U.S. stocks.
This extreme example of "performance chasing" at its worst is hardly
defensible. But, disingenuously, it was touted by fund marketers as adding
"non-correlated assets," or "reducing volatility risk." In 2008 -- with
non-U.S. developed market funds falling by 45% and emerging market funds
tumbling by 55%, we learned once again that, just when we need it the most,
international diversification lets us down.
Commodities were no different. As the global recession developed, commodity
funds sank, the largest such fund tumbled 50%. Always keep in mind: When the
investment grass looks greener on the other side of the fence, look twice
before you leap.
6) Beware of financial innovation. Why? Because most of it is designed to
enrich the innovators, not investors. Just think of the multiple layers of
fees to the salespersons, servicers, banks, underwriters and brokers selling
mortgage-backed debt obligations. These new products (credit default swaps
are another example) enriched their marketers during 2005-07, only to
impoverish the clients who held them in 2008.
Our financial system is driven by a giant marketing machine in which the
interests of sellers directly conflict with the interests of buyers. The
sellers, having (as ever) the information advantage, nearly always win.
We can't say that we haven't been warned about the perils of ignoring the
past. More than 2,000 years ago, the Roman orator Cato noted that, "there
must be a vast fund of stupidity in human nature, or else men would not be
caught as they are, a thousand times over, by the same snares . . . while
they yet remember their past misfortunes, they go on to court and encourage
the causes to what they were owing, and which will again produce them."
While the events of 2008 reinforced that message, perhaps these stern and
oft-repeated lessons of experience will help investors avoid similar
mistakes in 2009 and beyond.
Mr. Bogle is the founder and former chief executive of the Vanguard Group of
Mutual Funds. His newest book, "Enough. True Measures of Money, Business,
and Life," was published by Wiley in November.
|
| | |
Date: 08 Jan 2009 10:56:21
From: Paul Popinjay
Subject: Re: Building wealth
|
"da pickle" <jcpickels@(nospam)hotmail.com > wrote in message
>
> You have plenty of time. One tried and true method is avoid all the taxes
> you can and with what they let you keep ... save at least 10% for your
> retirement, give 10% to the charity of your choice, save whatever it takes
> to purchase the big items you want (that is, pay cash for everything less
> than your home), drive older automobiles, and have a blast with the rest.
> It is not what you make, it is what you spend.
>
Holy Fuck City, Pickel, you may be a bigger moron than Fl Turbo. And that's
saying a bunch.
First of all, DonkeyBan could do twice as good if he would ignore your "10%
charity" advice and put that toward his own interests.
Then, as to your "have a blast with the rest" advice, what are you trying to
do to this young man? He could do WITHOUT "the blast" and do as many
successful wealthy people have done and live like a Spartan. It worked for
Spartacus. Essentially you are telling him to be reckless, and you should
be ashamed of yourself.
Then lastly, let's say that he passes on, or overcomes, your poor advice,
and manages to "save" something. It appears that your bloviation for the
day has entirely skipped the most important issue. WHAT GOOD, would your
advice do for DonkeyBan, if he were Zimbabwean? Well? What do you have to
say for yourself!
http://www.boston.com/news/world/africa/articles/2008/05/21/zimbabwe_inflation_now_over_1_million_percent/
"Associated Press Writer / May 21, 2008
"HARARE, Zimbabwe-Weary Zimbabweans are facing a new wave of price increases
that will put many basic goods even further out of their reach: A loaf of
bread now costs what 12 new cars did a decade ago."
-PP
|
| | | |
Date: 08 Jan 2009 14:26:09
From: Kyle T. Jones
Subject: Re: Building wealth
|
Paul Popinjay, my dear, dear friend, there was this time, oh, 1/8/2009
12:56 PM or thereabouts, when you let the following craziness loose on
Usenet:
> "Associated Press Writer / May 21, 2008
> "HARARE, Zimbabwe-Weary Zimbabweans are facing a new wave of price increases
> that will put many basic goods even further out of their reach: A loaf of
> bread now costs what 12 new cars did a decade ago."
>
> -PP
>
Ok, just got back from buying every loaf of bread I could find. The
truck is loaded up - now - is Zimbabwe North East South or West of Texas?
Cheers.
|
| | | | |
Date: 08 Jan 2009 12:53:10
From: Paul Popinjay
Subject: Re: Building wealth
|
"Kyle T. Jones" <KBfoMe@realdomain.net > wrote in message
news:gk5nh0$6mj$1@news.motzarella.org...
>
> Ok, just got back from buying every loaf of bread I could find. The truck
> is loaded up - now - is Zimbabwe North East South or West of Texas?
>
You will not need to look beyond Texas. It can happen here. It will happen
here.
|
| | | | | |
Date: 09 Jan 2009 11:43:23
From: Kyle T. Jones
Subject: Re: Building wealth
|
Paul Popinjay, my dear, dear friend, there was this time, oh, 1/8/2009
2:53 PM or thereabouts, when you let the following craziness loose on
Usenet:
> "Kyle T. Jones" <KBfoMe@realdomain.net> wrote in message
> news:gk5nh0$6mj$1@news.motzarella.org...
>
>> Ok, just got back from buying every loaf of bread I could find. The truck
>> is loaded up - now - is Zimbabwe North East South or West of Texas?
>>
>
> You will not need to look beyond Texas. It can happen here. It will happen
> here.
>
>
Well this bread ain't gonna stay good forever!
|
| | | |
Date: 08 Jan 2009 13:40:41
From: da pickle
Subject: Re: Building wealth
|
"Paul Popinjay"
How about that beer, Paul? I'll buy.
|
| | | | |
Date: 08 Jan 2009 11:49:38
From: Paul Popinjay
Subject: Re: Building wealth
|
"da pickle" <jcpickels@(nospam)hotmail.com > wrote in message
news:Fsmdnbu5YL4hy_vU4p2dnAA@giganews.com...
>
> How about that beer, Paul? I'll buy.
I'm going to interpret this as an admission that I was entirely correct in
stating that your advice to DonkeyBan was poor and reckless.
-PP
|
| | | | | |
Date: 08 Jan 2009 14:21:19
From: da pickle
Subject: Re: Building wealth
|
"Paul Popinjay"
>> How about that beer, Paul? I'll buy.
>
> I'm going to interpret this as an admission that I was entirely correct in
> stating that your advice to DonkeyBan was poor and reckless.
Could be cake, could be meat. You might also consider that you might not be
able to pay for the beer, so I was just trying to find another good cause to
make my ten percent go farther.
My advice is to remember that success is getting what you want; happiness is
wanting what you get. (Brother Dave Gardner) It is not what you make, it
is what you spend that matters. You can be happy with a lot less things
than you might think. There is no limit to one's legitimate wants; but you
really do not need all that much. Things change ... you change ...
everything changes. You can only do what you can do. True love is the
basis for a happy relationship. No one needs a Starbucks coffee or popcorn
at the movies. Drink your coffee black.
And for economic, investing advice, you cannot go wrong by listening to John
Bogle.
|
| | | | | | |
Date: 08 Jan 2009 12:45:36
From: Paul Popinjay
Subject: Re: Building wealth
|
"da pickle" <jcpickels@(nospam)hotmail.com > wrote in message
news:pJudneU0qtLf_fvU4p2dnAA@giganews.com...
>
> Could be cake, could be meat. You might also consider that you might not
> be able to pay for the beer, so I was just trying to find another good
> cause to make my ten percent go farther.
>
> My advice is to remember that success is getting what you want; happiness
> is wanting what you get. (Brother Dave Gardner) It is not what you make,
> it is what you spend that matters. You can be happy with a lot less
> things than you might think. There is no limit to one's legitimate wants;
> but you really do not need all that much. Things change ... you change
> ... everything changes. You can only do what you can do. True love is
> the basis for a happy relationship. No one needs a Starbucks coffee or
> popcorn at the movies. Drink your coffee black.
>
> And for economic, investing advice, you cannot go wrong by listening to
> John Bogle.
Completely disregard my comments about Zimbabwe, and steadfastly stick to
your nonsensical babbling. You're getting almost as bad as Beldin, and less
interesting than the fake Da Pickle.
-PP
|
| | | | | | | |
Date: 08 Jan 2009 16:02:31
From: da pickle
Subject: Re: Building wealth
|
"Paul Popinjay"
>> And for economic, investing advice, you cannot go wrong by listening to
>> John Bogle.
>
> Completely disregard my comments about Zimbabwe, and steadfastly stick to
> your nonsensical babbling. You're getting almost as bad as Beldin, and
> less interesting than the fake Da Pickle.
I understand inflation, Paul. I already have agreements in place to divide
the work so my group will be able to be self sustaining. We have plenty of
guns and ammunition. I have the complete set of Foxfire books; all dozen.
I even have a plan for the capture of the library so we all have the wisdom
of the ages available when the internet is no longer available. We have
seeds. We will survive. If we do not, we'll go down swinging.
Unlike you, I do not think this is inevitable in my time, but I am prepared
for it if I am wrong.
|
| | | | | | | | |
Date: 08 Jan 2009 14:28:39
From: Paul Popinjay
Subject: Re: Building wealth
|
"da pickle" <jcpickels@(nospam)hotmail.com > wrote in message
news:6pmdnZyXX71g6vvU4p2dnAA@giganews.com...
>
> I understand inflation, Paul.
I'm not so sure that you do.
I already have agreements in place to divide
> the work so my group will be able to be self sustaining. We have plenty
> of guns and ammunition. I have the complete set of Foxfire books; all
> dozen. I even have a plan for the capture of the library so we all have
> the wisdom of the ages available when the internet is no longer available.
> We have seeds. We will survive. If we do not, we'll go down swinging.
>
> Unlike you, I do not think this is inevitable in my time, but I am
> prepared for it if I am wrong.
Oh, sure, of course. It's all about YOU, YOU, YOU! Who started this thread
anyway? Have you already forgotten about DonkeyBan? What about him? And
what does guns, ammunition, and libraries have to do with the problem in
Zimbabwe? You have not addressed the problem at all, and I urge DonkeyBan
not to pay ANY attention to your so far worthless advice.
-PP
|
| |
Date: 08 Jan 2009 08:46:58
From: MrBookworm
Subject: Re: Building wealth
|
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
1. Keep starting businesses until one succeeds. Most wealthy individuals
own their own business.
2. If you're in the US, max out your 401K and Roth IRAs, spend the rest
like a drunken sailor (without EVER taking on ANY debt).
Dean
"First of all, I cannot see Bookworm's post in my newsreader. Probably
just as well, he annoys the fuck out of me anyway." PP - Dec 29, 2008
________________________________________________________________________
* kill-files, watch-lists, favorites, and more.. www.recgroups.com
|
| | |
Date: 08 Jan 2009 09:37:09
From: Paul Popinjay
Subject: Re: Building wealth
|
"MrBookworm" <a825b33@webnntp.invalid > wrote in message
news:29nh36xu9j.ln2@recgroups.com...
>
> "First of all, I cannot see Bookworm's post in my newsreader. Probably
> just as well, he annoys the fuck out of me anyway." PP - Dec 29, 2008
>
This is getting pretty tiresome now. Don't you think it's about time to
take this sig line off your posts? I'm getting pretty sick of this shit.
|
| | | |
Date: 08 Jan 2009 11:35:34
From: MrBookworm
Subject: Re: Building wealth
|
> This is getting pretty tiresome now. Don't you think it's about time to
> take this sig line off your posts? I'm getting pretty sick of this shit.
I just picked my butt.
Dean
"First of all, I cannot see Bookworm's post in my newsreader. Probably
just as well, he annoys the fuck out of me anyway." PP - Dec 29, 2008
_______________________________________________________________________
looking for a better newsgroup-reader? - www.recgroups.com
|
| |
Date: 08 Jan 2009 08:18:21
From: John_Brian_K
Subject: Re: Building wealth
|
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
I LOVE this thread.
I am in the middle of trying to do this myself.
I am a bit younger (31), but I am at that point in my life where I want to
start saving more and spending less. And by 'point' I mean within the
next year or 2.
Wouldn't housing have to be up there with GREAT potential to maximize your
investment?
I have not been looking, but within the next 2-3 years we are planning on
selling or renting out the house we have now and buy a nicer house to
start a family in. I was thinking about this yesterday.
Why would I not try to buy that nicer house now? Assuming (again I have
not been looking) that you can get a 200k house for much less than 200k
right now. Why would I wait to buy in 3 years when (most likely) the
housing market will be either rebounded completely or on the rebound and I
will end up paying more for that same house in only a couple years?
Wealth to me means being able to pay off my mortgage right now if I want,
have a 401k that is worth 100k and have a couple new vehicles paid for.
Basically not worrying one bit about finances EVER. It will take more
than what i stated above, but right here right now if I could do those
things I would consider myself in a good position.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
--------
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | |
Date: 08 Jan 2009 08:25:29
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 10:18 AM, John_Brian_K wrote:
> Wealth to me means being able to pay off my mortgage right now if I want,
> have a 401k that is worth 100k and have a couple new vehicles paid for.
>
> Basically not worrying one bit about finances EVER. It will take more
> than what i stated above, but right here right now if I could do those
> things I would consider myself in a good position.
Don't ever have kids if this is your lifetime plan.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
-----
* kill-files, watch-lists, favorites, and more.. www.recgroups.com
|
| | | |
Date: 08 Jan 2009 08:41:09
From: John_Brian_K
Subject: Re: Building wealth
|
> Don't ever have kids if this is your lifetime plan.
lol
Not lifetime plan, but financial plan. Absolutely I am going to
'try/shoot' for that goal. It helps alot that the lady makes as much (if
not more than) I do right now and she is starting school today as a matter
of fact to get her NP degree to make even more.
I need to upgrade somehow and try to put away as much as possible before
the little rugrats start popping out.
BTW: NO way in hell I am paying for college for them. So that should
help.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
----
looking for a better newsgroup-reader? - www.recgroups.com
|
| | | | |
Date: 08 Jan 2009 11:11:23
From: BillB
Subject: Re: Building wealth
|
"John_Brian_K" <a7ecb57@webnntp.invalid > wrote in message
news:5umh36x48j.ln2@recgroups.com...
> BTW: NO way in hell I am paying for college for them. So that should
> help.
lol..and you call Chris Robin a creep?
|
| | | | | |
Date: 08 Jan 2009 11:36:11
From: John_Brian_K
Subject: Re: Building wealth
|
> lol..and you call Chris Robin a creep?
lol....Yes.
ChrisRobin is crazy.
I was brought up tough and am not paying for my kids college tuition
because it is the popular thing to do.
Average college tuition is over 30k. I plan on having 3-4 kids. I do not
make enough money to pay for that.
God bless if you do, but I don't and I am not planning on saving for it
either.
They will have a chance just like every other kid, but they are going to
have to pay for it. A kid going to college is not really a kid anymore
they are in that grey area between kid and adult and they need to start
learning mom and dad are not going to take care of them the rest of their
lives.
I think you are liberal and your first sentence should lead me to the
conclusion I need. You do 'not' think ChrisRobin is crazy.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
-----
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | | | | | |
Date: 08 Jan 2009 14:51:36
From: Clave
Subject: Re: Building wealth
|
"John_Brian_K" <a7ecb57@webnntp.invalid > wrote in message
news:b61i36xqfl.ln2@recgroups.com...
>> lol..and you call Chris Robin a creep?
>
> lol....Yes.
>
> ChrisRobin is crazy.
>
> I was brought up tough and am not paying for my kids college tuition
> because it is the popular thing to do.
>
> Average college tuition is over 30k...
Only if you're talking about private colleges. Average for public colleges
is still way below $10k.
http://www.collegeboard.com/student/pay/add-it-up/4494.html
Also, in many states there are plans where you buy credits at today's prices
and apply them when your kid(s) get to school no matter what they cost then.
The UW program will even let you transfer those to other schools.
Jim
|
| | | | | | | |
Date: 11 Jan 2009 06:38:50
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
> news:b61i36xqfl.ln2@recgroups.com...
>>> lol..and you call Chris Robin a creep?
>>
>> lol....Yes.
>>
>> ChrisRobin is crazy.
>>
>> I was brought up tough and am not paying for my kids college tuition
>> because it is the popular thing to do.
>>
>> Average college tuition is over 30k...
>
> Only if you're talking about private colleges. Average for public
> colleges is still way below $10k.
>
> http://www.collegeboard.com/student/pay/add-it-up/4494.html
Jimbo the shithead, ladies and gentlemen!
Let's ignore ROOM and BOARD, shall we, moron?
The AVERAGE cost of a 4 year college is well over 10k.
This is from 2 years ago... so figure at least another 12% increase.
Of course, college costs don't just end at tuition. Room and board costs
grew at around 5 percent for both public and private schools this year, with
public schools at $6,960 and private schools $8,149 a year.
With room and board, four-year public colleges average $12,796 for in-state
residents.
http://money.cnn.com/2006/10/24/pf/college/college_costs/index.htm
> >
|
| | | | | | | | |
Date: 10 Jan 2009 22:48:56
From: Clave
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:_tgal.5641$Es4.2047@nwrddc01.gnilink.net...
>
> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
> news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>> news:b61i36xqfl.ln2@recgroups.com...
>>>> lol..and you call Chris Robin a creep?
>>>
>>> lol....Yes.
>>>
>>> ChrisRobin is crazy.
>>>
>>> I was brought up tough and am not paying for my kids college tuition
>>> because it is the popular thing to do.
>>>
>>> Average college tuition is over 30k...
>>
>> Only if you're talking about private colleges. Average for public
>> colleges is still way below $10k.
>>
>> http://www.collegeboard.com/student/pay/add-it-up/4494.html
> Jimbo the shithead, ladies and gentlemen!
> Let's ignore ROOM and BOARD, shall we, moron?
Room and board are separate from tuition. That's why we have separate words
for them. My comment was appropriately qualified.
Do you really need attention this badly?
Poor, attention-starved little dumbass.
Jim
|
| | | | | | | | | |
Date: 11 Jan 2009 07:07:05
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
news:IaSdnav6o6TEC_TUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:_tgal.5641$Es4.2047@nwrddc01.gnilink.net...
>>
>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>> news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
>>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>>> news:b61i36xqfl.ln2@recgroups.com...
>>>>> lol..and you call Chris Robin a creep?
>>>>
>>>> lol....Yes.
>>>>
>>>> ChrisRobin is crazy.
>>>>
>>>> I was brought up tough and am not paying for my kids college tuition
>>>> because it is the popular thing to do.
>>>>
>>>> Average college tuition is over 30k...
>>>
>>> Only if you're talking about private colleges. Average for public
>>> colleges is still way below $10k.
>>>
>>> http://www.collegeboard.com/student/pay/add-it-up/4494.html
>> Jimbo the shithead, ladies and gentlemen!
>> Let's ignore ROOM and BOARD, shall we, moron?
>
>
> Room and board are separate from tuition. That's why we have separate
> words for them. My comment was appropriately qualified.
FEES aren't tuition either, nimrod, although MOST surveys include them with
it.
For that matter, neither are textbooks, a HIGHLY increasing commodity, or
computers, and increasingly required college tool.
>
> Do you really need attention this badly?
Fuck, are you just stupid?
The sub-thread is about college affordability, you fucknut.
You, in your general stupidity, fail to grasp that the expense of going to
college is more than the tuition bill.
>
> Poor, attention-starved little dumbass.
Yeah, you are.
Also delusional.
|
| | | | | | | | | | |
Date: 10 Jan 2009 23:18:30
From: Clave
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:tUgal.5754$Es4.5637@nwrddc01.gnilink.net...
>
> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
> news:IaSdnav6o6TEC_TUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>> news:_tgal.5641$Es4.2047@nwrddc01.gnilink.net...
>>>
>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>> news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
>>>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>>>> news:b61i36xqfl.ln2@recgroups.com...
>>>>>> lol..and you call Chris Robin a creep?
>>>>>
>>>>> lol....Yes.
>>>>>
>>>>> ChrisRobin is crazy.
>>>>>
>>>>> I was brought up tough and am not paying for my kids college tuition
>>>>> because it is the popular thing to do.
>>>>>
>>>>> Average college tuition is over 30k...
>>>>
>>>> Only if you're talking about private colleges. Average for public
>>>> colleges is still way below $10k.
>>>>
>>>> http://www.collegeboard.com/student/pay/add-it-up/4494.html
>>> Jimbo the shithead, ladies and gentlemen!
>>> Let's ignore ROOM and BOARD, shall we, moron?
>>
>>
>> Room and board are separate from tuition. That's why we have separate
>> words for them. My comment was appropriately qualified.
> FEES aren't tuition either, nimrod, although MOST surveys include them
> with it...blah, blah, blah...
|
| | | | | | | | | | | |
Date: 11 Jan 2009 07:33:13
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
news:4s6dnQ_FG_raAPTUnZ2dnUVZ_tTinZ2d@cablespeedmi.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:tUgal.5754$Es4.5637@nwrddc01.gnilink.net...
>>
>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>> news:IaSdnav6o6TEC_TUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
>>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>>> news:_tgal.5641$Es4.2047@nwrddc01.gnilink.net...
>>>>
>>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>>> news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
>>>>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>>>>> news:b61i36xqfl.ln2@recgroups.com...
>>>>>>> lol..and you call Chris Robin a creep?
>>>>>>
>>>>>> lol....Yes.
>>>>>>
>>>>>> ChrisRobin is crazy.
>>>>>>
>>>>>> I was brought up tough and am not paying for my kids college tuition
>>>>>> because it is the popular thing to do.
>>>>>>
>>>>>> Average college tuition is over 30k...
>>>>>
>>>>> Only if you're talking about private colleges. Average for public
>>>>> colleges is still way below $10k.
>>>>>
>>>>> http://www.collegeboard.com/student/pay/add-it-up/4494.html
>>>> Jimbo the shithead, ladies and gentlemen!
>>>> Let's ignore ROOM and BOARD, shall we, moron?
>>>
>>>
>>> Room and board are separate from tuition. That's why we have separate
>>> words for them. My comment was appropriately qualified.
>> FEES aren't tuition either, nimrod, although MOST surveys include them
>> with it...blah, blah, blah...
>
In other words, you admit you're a shithead, you can't counter the fact that
you either lied or entirely missed the point of the discussion, and so
you're trying to fluff it off.
>
|
| | | | | | | | | | | | |
Date: 10 Jan 2009 23:38:25
From: Clave
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:Zghal.5870$Es4.5463@nwrddc01.gnilink.net...
>
> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
> news:4s6dnQ_FG_raAPTUnZ2dnUVZ_tTinZ2d@cablespeedmi.com...
>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>> news:tUgal.5754$Es4.5637@nwrddc01.gnilink.net...
>>>
>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>> news:IaSdnav6o6TEC_TUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
>>>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>>>> news:_tgal.5641$Es4.2047@nwrddc01.gnilink.net...
>>>>>
>>>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>>>> news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
>>>>>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>>>>>> news:b61i36xqfl.ln2@recgroups.com...
>>>>>>>> lol..and you call Chris Robin a creep?
>>>>>>>
>>>>>>> lol....Yes.
>>>>>>>
>>>>>>> ChrisRobin is crazy.
>>>>>>>
>>>>>>> I was brought up tough and am not paying for my kids college tuition
>>>>>>> because it is the popular thing to do.
>>>>>>>
>>>>>>> Average college tuition is over 30k...
>>>>>>
>>>>>> Only if you're talking about private colleges. Average for public
>>>>>> colleges is still way below $10k.
>>>>>>
>>>>>> http://www.collegeboard.com/student/pay/add-it-up/4494.html
>>>>> Jimbo the shithead, ladies and gentlemen!
>>>>> Let's ignore ROOM and BOARD, shall we, moron?
>>>>
>>>>
>>>> Room and board are separate from tuition. That's why we have separate
>>>> words for them. My comment was appropriately qualified.
>>> FEES aren't tuition either, nimrod, although MOST surveys include them
>>> with it...blah, blah, blah...
>>
> In other words, you admit you're a shithead, you can't counter the fact
> that you either lied or entirely missed the point of the discussion, and
> so you're trying to fluff it off.
Get help. Seriously.
Jim
|
| | | | | | | | | | | | | |
Date: 11 Jan 2009 07:59:30
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
news:5padncjXdaxsPPTUnZ2dnUVZ_hadnZ2d@cablespeedmi.com...
>
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:Zghal.5870$Es4.5463@nwrddc01.gnilink.net...
>>
>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>> news:4s6dnQ_FG_raAPTUnZ2dnUVZ_tTinZ2d@cablespeedmi.com...
>>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>>> news:tUgal.5754$Es4.5637@nwrddc01.gnilink.net...
>>>>
>>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>>> news:IaSdnav6o6TEC_TUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
>>>>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>>>>> news:_tgal.5641$Es4.2047@nwrddc01.gnilink.net...
>>>>>>
>>>>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>>>>> news:XamdnXfwZq_qHvvUnZ2dnUVZ_qninZ2d@cablespeedmi.com...
>>>>>>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>>>>>>> news:b61i36xqfl.ln2@recgroups.com...
>>>>>>>>> lol..and you call Chris Robin a creep?
>>>>>>>>
>>>>>>>> lol....Yes.
>>>>>>>>
>>>>>>>> ChrisRobin is crazy.
>>>>>>>>
>>>>>>>> I was brought up tough and am not paying for my kids college
>>>>>>>> tuition
>>>>>>>> because it is the popular thing to do.
>>>>>>>>
>>>>>>>> Average college tuition is over 30k...
>>>>>>>
>>>>>>> Only if you're talking about private colleges. Average for public
>>>>>>> colleges is still way below $10k.
>>>>>>>
>>>>>>> http://www.collegeboard.com/student/pay/add-it-up/4494.html
>>>>>> Jimbo the shithead, ladies and gentlemen!
>>>>>> Let's ignore ROOM and BOARD, shall we, moron?
>>>>>
>>>>>
>>>>> Room and board are separate from tuition. That's why we have separate
>>>>> words for them. My comment was appropriately qualified.
>>>> FEES aren't tuition either, nimrod, although MOST surveys include them
>>>> with it...blah, blah, blah...
>>>
>> In other words, you admit you're a shithead, you can't counter the fact
>> that you either lied or entirely missed the point of the discussion, and
>> so you're trying to fluff it off.
>
> Get help. Seriously.
For what, exactly?
Not allowing idiots like you to post bullshit?
Yeah, it's a bit of an obsession. Some of us believe society does better
when the retards aren't in charge, or even giving the advice.
|
| | | | | | | | | | | | | | |
Date: 11 Jan 2009 00:06:11
From: Clave
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:CFhal.5066$BC4.1044@nwrddc02.gnilink.net...
>
> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
> news:5padncjXdaxsPPTUnZ2dnUVZ_hadnZ2d@cablespeedmi.com...
<... >
>> Get help. Seriously.
>
> For what, exactly?
The lack of social attention you obviously lack in real life.
Maybe I can help -- tell me about your mother.
Jim
|
| | | | | | | | | | | | | | | |
Date: 11 Jan 2009 08:37:05
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
news:tNWdnRGHfpTuNfTUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:CFhal.5066$BC4.1044@nwrddc02.gnilink.net...
>>
>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>> news:5padncjXdaxsPPTUnZ2dnUVZ_hadnZ2d@cablespeedmi.com...
>
> <...>
>
>>> Get help. Seriously.
>>
>> For what, exactly?
>
> The lack of social attention you obviously lack in real life.
>
I'm not looking for attention, retard.
I just want you to stop posting bullshit.
|
| | | | | | | | | | | | | | | | |
Date: 11 Jan 2009 00:50:45
From: Clave
Subject: Re: Building wealth
|
"Beldin the Sorcerer" <beldinyyz@verizon.net > wrote in message
news:Rcial.5069$BC4.2867@nwrddc02.gnilink.net...
>
> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
> news:tNWdnRGHfpTuNfTUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>> news:CFhal.5066$BC4.1044@nwrddc02.gnilink.net...
>>>
>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>> news:5padncjXdaxsPPTUnZ2dnUVZ_hadnZ2d@cablespeedmi.com...
>>
>> <...>
>>
>>>> Get help. Seriously.
>>>
>>> For what, exactly?
>>
>> The lack of social attention you obviously lack in real life.
>>
> I'm not looking for attention, retard.
Say good night, Gracie.
Jim
|
| | | | | | | | | | | | | | | | | |
Date: 11 Jan 2009 09:56:59
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"Clave" <ClaviusNoSpamDammit@cablespeed.com > wrote in message
news:9tydnXJa4LR7L_TUnZ2dnUVZ_vKdnZ2d@cablespeedmi.com...
> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
> news:Rcial.5069$BC4.2867@nwrddc02.gnilink.net...
>>
>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>> news:tNWdnRGHfpTuNfTUnZ2dnUVZ_ovinZ2d@cablespeedmi.com...
>>> "Beldin the Sorcerer" <beldinyyz@verizon.net> wrote in message
>>> news:CFhal.5066$BC4.1044@nwrddc02.gnilink.net...
>>>>
>>>> "Clave" <ClaviusNoSpamDammit@cablespeed.com> wrote in message
>>>> news:5padncjXdaxsPPTUnZ2dnUVZ_hadnZ2d@cablespeedmi.com...
>>>
>>> <...>
>>>
>>>>> Get help. Seriously.
>>>>
>>>> For what, exactly?
>>>
>>> The lack of social attention you obviously lack in real life.
>>>
>> I'm not looking for attention, retard.
>
> Say good night, Gracie.
>
Yeah you're a dead comic who stuffed big fat disgusting things into his
mouth....
|
| | | | | | |
Date: 08 Jan 2009 14:43:32
From: Kyle T. Jones
Subject: Re: Building wealth
|
John_Brian_K, my dear, dear friend, there was this time, oh, 1/8/2009
1:36 PM or thereabouts, when you let the following craziness loose on
Usenet:
>> lol..and you call Chris Robin a creep?
>
> lol....Yes.
>
> ChrisRobin is crazy.
>
Chris is one of the more intelligent members of this heah chatrum, and
an interesting character to boot. IMO.
> I was brought up tough and am not paying for my kids college tuition
> because it is the popular thing to do.
>
Brought up tough? Please, expand!
> Average college tuition is over 30k. I plan on having 3-4 kids. I do not
> make enough money to pay for that.
>
If the kids are intelligent, have them go after scholarships. Almost
anyone can get a decent scholarship, if they lower their "which school
to attend" standards a bit... and they can always make that up later by
getting into a good grad school.
If they have any ability at sports, that's another route.
If you guide your children enough (look into the things scholarship
committees like: extracurriculars, publication at an early age, etc)...
well, there's just a lot of money out there for kids with drive and
ability. Of course, in twenty or twenty-five years, who knows. After
all, it kinda sorta falls into that free money/entitlement category, and
we all know where we're heading on that front.
> God bless if you do, but I don't and I am not planning on saving for it
> either.
>
> They will have a chance just like every other kid, but they are going to
> have to pay for it. A kid going to college is not really a kid anymore
> they are in that grey area between kid and adult and they need to start
> learning mom and dad are not going to take care of them the rest of their
> lives.
>
> I think you are liberal and your first sentence should lead me to the
> conclusion I need. You do 'not' think ChrisRobin is crazy.
>
I think it's pretty strange to bring a liberal/conservative judgment
into this particular discussion. One of those universal truths is that
we all pretty much want to see our children achieve to their maximum
potential - liberal, conservative... even the fascists!
Cheers! (another quick note, just a general observation: never say never!)
PS: You want to really do yer kids right, take some advice from another
section of this thread and get a solid business of your own going...
expand it over the years, you might have something real nice to leave
the kids (this *might* be where pickle blitzes me up the middle on my
100% death tax idea... and he'd be right, I suppose!)
|
| | | | | | | |
Date: 08 Jan 2009 15:56:31
From: da pickle
Subject: Re: Building wealth
|
"Kyle T. Jones"
> PS: You want to really do yer kids right, take some advice from another
> section of this thread and get a solid business of your own going...
> expand it over the years, you might have something real nice to leave the
> kids (this *might* be where pickle blitzes me up the middle on my 100%
> death tax idea... and he'd be right, I suppose!)
blitz ....
|
| | | | | | | | |
Date: 08 Jan 2009 14:19:52
From: IHeartWuzzy
Subject: Re: Building wealth
|
On Jan 8 2009 4:56 PM, da pickle wrote:
> blitz ....
AHA... gotcha! I kept in a full backfield!
______________________________________________________________________
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | | | | | | | | |
Date: 08 Jan 2009 14:33:30
From: Paul Popinjay
Subject: Re: Building wealth
|
"IHeartWuzzy" <megcourtkris@aol.com > wrote in message
news:8pai36xuan.ln2@recgroups.com...
> On Jan 8 2009 4:56 PM, da pickle wrote:
>
>> blitz ....
>
> AHA... gotcha! I kept in a full backfield!
>
English, mutherfuckers!
|
| | | | | | | |
Date: 08 Jan 2009 13:27:30
From: John_Brian_K
Subject: Re: Building wealth
|
> Chris is one of the more intelligent members of this heah chatrum, and
> an interesting character to boot. IMO.
I should have saved the thread. A rational person would not have thought
him intelligent or interesting. I am not trying to convince you and
cannot recall the exacts of the discussion except for the fact that I left
the thread knowing he was crazy.
> Brought up tough? Please, expand!
I grew up in DETROIT. I ran the streets as a kid all the time. I maxed
out at a big time 5.00 a week in allowance. My dad used the belt on my
ass when I got out of line. etc etc
> If the kids are intelligent, have them go after scholarships. Almost
> anyone can get a decent scholarship, if they lower their "which school
> to attend" standards a bit... and they can always make that up later by
> getting into a good grad school.
Yeah this will be taught to them and explored. The woman has really
opened my eyes to post education.
> If they have any ability at sports, that's another route.
This will be THE answer 'hopefully' I plan on spending alot of time
teaching my kid sports as long as they have fun with it.
> I think it's pretty strange to bring a liberal/conservative judgment
> into this particular discussion. One of those universal truths is that
> we all pretty much want to see our children achieve to their maximum
> potential - liberal, conservative... even the fascists!
Everyone wants their kids to have the best. The definition of 'best' is
what brings the liberal/conservative comment into play.
> Cheers! (another quick note, just a general observation: never say never!)
Agreed
> PS: You want to really do yer kids right, take some advice from another
> section of this thread and get a solid business of your own going...
> expand it over the years, you might have something real nice to leave
> the kids (this *might* be where pickle blitzes me up the middle on my
> 100% death tax idea... and he'd be right, I suppose!)
:)
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
---
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|
| | | | | | |
Date: 08 Jan 2009 11:57:59
From: ChrisRobin
Subject: Re: Building wealth
|
On Jan 8 2009 2:36 PM, John_Brian_K wrote:
> > lol..and you call Chris Robin a creep?
>
> lol....Yes.
>
> ChrisRobin is crazy.
Hey, that's not very nice!
____________________________________________________________________
looking for a better newsgroup-reader? - www.recgroups.com
|
| | | | | | |
Date: 08 Jan 2009 11:44:58
From: BillB
Subject: Re: Building wealth
|
"John_Brian_K" <a7ecb57@webnntp.invalid > wrote in message
news:b61i36xqfl.ln2@recgroups.com...
> Average college tuition is over 30k. I plan on having 3-4 kids. I do not
> make enough money to pay for that.
Maybe you should consider having only as many kids as you can afford to
provide for.
|
| | | | | | | |
Date: 08 Jan 2009 12:01:58
From: John_Brian_K
Subject: Re: Building wealth
|
> Maybe you should consider having only as many kids as you can afford to
> provide for.
o0o
End of story
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
---
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|
| | | | |
Date: 08 Jan 2009 09:44:45
From: charrison100
Subject: Re: Building wealth
|
> BTW: NO way in hell I am paying for college for them. So that should
> help.
>
Seriously?
Chris
---
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|
| | | | | |
Date: 08 Jan 2009 09:49:48
From: John_Brian_K
Subject: Re: Building wealth
|
> Seriously?
>
> Chris
Seriously.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
------
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|
| | | | | | |
Date: 08 Jan 2009 10:15:58
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 12:49 PM, John_Brian_K wrote:
> > Seriously?
> >
> > Chris
>
> Seriously.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
not even half?
Chris
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|
| | | | | | | |
Date: 08 Jan 2009 11:10:36
From: John_Brian_K
Subject: Re: Building wealth
|
> not even half?
>
> Chris
I will STRONGLY encourage them to attend College, but they will have to
take out loans like I did or get scholarships for sports or academics.
The only possible scenario I see paying for their college is if I am rich.
Like Millionaire rich.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
____________________________________________________________________
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | | | | | | | |
Date: 08 Jan 2009 11:45:39
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 2:10 PM, John_Brian_K wrote:
> > not even half?
> >
> > Chris
>
> I will STRONGLY encourage them to attend College, but they will have to
> take out loans like I did or get scholarships for sports or academics.
Is this not a formula for setting your kids up to be behind before they
start?
I had to do the loans to pay for my school and i remember how hard I had
to work to pay it off. I will want my kids to be educated but I want them
to start on a level playing field. I also expect them to pay for some of
it. They come up with 1/4 and I will float the rest. There will also be
requirements like grades and time limits.
Would you be looking for a way to secure wealth at 33 if you had someone
help you out in the beginning? What if your parents had matched your
school money? How much further ahead would you be now?
>
> The only possible scenario I see paying for their college is if I am rich.
> Like Millionaire rich.
I guess your kids will have to pay for their weddings and cars too. Are
you going to at least give them a gift on Christmas?
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
Chris
_____________________________________________________________________
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|
| | | | | | | | | |
Date: 08 Jan 2009 13:32:39
From: Will_gamble
Subject: Re: Building wealth
|
On Jan 8 2009 1:45 PM, charrison100 wrote:
> On Jan 8 2009 2:10 PM, John_Brian_K wrote:
>
> > > not even half?
> > >
> > > Chris
> >
> > I will STRONGLY encourage them to attend College, but they will have to
> > take out loans like I did or get scholarships for sports or academics.
>
> Is this not a formula for setting your kids up to be behind before they
> start?
>
> I had to do the loans to pay for my school and i remember how hard I had
> to work to pay it off. I will want my kids to be educated but I want them
> to start on a level playing field. I also expect them to pay for some of
> it. They come up with 1/4 and I will float the rest. There will also be
> requirements like grades and time limits.
>
> Would you be looking for a way to secure wealth at 33 if you had someone
> help you out in the beginning? What if your parents had matched your
> school money? How much further ahead would you be now?
>
> >
> > The only possible scenario I see paying for their college is if I am rich.
> > Like Millionaire rich.
>
> I guess your kids will have to pay for their weddings and cars too. Are
> you going to at least give them a gift on Christmas?
>
> >
> > ========================================
> > You must not think me necessarily foolish because I am facetious,
> > nor will I consider you necessarily wise because you are grave.
> > ========
> > BOOM byae
> > John
>
>
> Chris
I am probably the wrong person to endorse you Chris, but I see no
relationship between taking out a loan for college that suffocates you for
most of your 20's and 30's and learning about the real world/maturing. If
you can't help them that is one thing, but if you can, I don't see any
reason why you shouldn't. I paid for my kids education and I don't think
it hindered their development as responsible adults. I plan on helping my
grandkids if possible also.
I guess if I had to pay for my education I might be more inclined to think
it a good idea. I only went to college briefly before going to Vietnam an
never went back. I don't do well in a school setting as I have piss poor
reading comprehension.
I intend to continue to work and save with the hope of changing my
family's financial status in the future. I could quit work and try to
stretch out what I have until I die and spend it all, but continuing to
work and rat hole all I can gives me a goal to work towards and purpose
to me.
I grew up in a family that had very little and didn't give much. My
wife's family doesn't have great wealth, but have been prosperous. Her
family has been very generous with what they have and it taught me
something I otherwise would have never learned.
_______________________________________________________________________
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|
| | | | | | | | | | |
Date: 08 Jan 2009 17:07:20
From: charrison100
Subject: Re: Building wealth
|
> I am probably the wrong person to endorse you Chris, but I see no
> relationship between taking out a loan for college that suffocates you for
> most of your 20's and 30's and learning about the real world/maturing. If
> you can't help them that is one thing, but if you can, I don't see any
> reason why you shouldn't. I paid for my kids education and I don't think
> it hindered their development as responsible adults. I plan on helping my
> grandkids if possible also.
>
> I guess if I had to pay for my education I might be more inclined to think
> it a good idea. I only went to college briefly before going to Vietnam an
> never went back. I don't do well in a school setting as I have piss poor
> reading comprehension.
>
> I intend to continue to work and save with the hope of changing my
> family's financial status in the future. I could quit work and try to
> stretch out what I have until I die and spend it all, but continuing to
> work and rat hole all I can gives me a goal to work towards and purpose
> to me.
>
> I grew up in a family that had very little and didn't give much. My
> wife's family doesn't have great wealth, but have been prosperous. Her
> family has been very generous with what they have and it taught me
> something I otherwise would have never learned.
You are a good example of how you can help yours kids financially and not
hinder there real world life.
I am not saying a kid will not be ok with out financial help from a parent
but they would be better if not graduating with a debt.
Chris
-----
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|
| | | | | | | | | |
Date: 08 Jan 2009 12:00:22
From: John_Brian_K
Subject: Re: Building wealth
|
> Is this not a formula for setting your kids up to be behind before they
> start?
I guess my opinion is not popular on this issue. I do not consider
providing a loving home, nurturing parents, a nice home to live in, most
likely cash here and there when they need it, private schools for 12 years
'Setting them up to be behind'
Financially they may start out in the rears, but the sooner they 'get it'
that they are responsible for themselves the better IMO. The only way to
'get it' is to dive in.
> I had to do the loans to pay for my school and i remember how hard I had
> to work to pay it off. I will want my kids to be educated but I want them
> to start on a level playing field. I also expect them to pay for some of
> it. They come up with 1/4 and I will float the rest. There will also be
> requirements like grades and time limits.
I just started paying my loans off. I MAY (MAY) give them money while
they attend school as long as their grades are good or reward them with
cash when the finish a semester or something.
> Would you be looking for a way to secure wealth at 33 if you had someone
> help you out in the beginning? What if your parents had matched your
> school money? How much further ahead would you be now?
31 Thank you. I just started paying those off. I didn't go to school
until late. I was 27 or 28 I think when I first started.
> I guess your kids will have to pay for their weddings and cars too. Are
> you going to at least give them a gift on Christmas?
I will pay for the wedding if I have girls not boys that is the tradition.
I MAY buy them a used car, but not outright. They WILL have to work for
it.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
-------
: the next generation of web-newsreaders : http://www.recgroups.com
|
| | | | | | | | | | |
Date: 08 Jan 2009 12:23:04
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:00 PM, John_Brian_K wrote:
> > Is this not a formula for setting your kids up to be behind before they
> > start?
>
> I guess my opinion is not popular on this issue. I do not consider
> providing a loving home, nurturing parents, a nice home to live in, most
> likely cash here and there when they need it, private schools for 12 years
> 'Setting them up to be behind'
Are they earning the cash your giving them or are you giving them an
allowance for simply existing? Make them earn the money for the new skate
board or Barbie. Make them earn the money for some of their education but
if they are having to spend 15,000/year (to use your number which I
believe to be low) for 4 years is a lot. They graduate and say they took a
loan out for 75% of it. They are now $45,000 in debt, looking for a job,
maybe moving, having to buy a car and just started a job at $30,000 a
year. Are you telling me this is the way that they should start their
lives?
>
> Financially they may start out in the rears, but the sooner they 'get it'
> that they are responsible for themselves the better IMO. The only way to
> 'get it' is to dive in.
That's not the only way. You can "get it" by being taught to earn what you
want.
>
> > I had to do the loans to pay for my school and i remember how hard I had
> > to work to pay it off. I will want my kids to be educated but I want them
> > to start on a level playing field. I also expect them to pay for some of
> > it. They come up with 1/4 and I will float the rest. There will also be
> > requirements like grades and time limits.
>
> I just started paying my loans off. I MAY (MAY) give them money while
> they attend school as long as their grades are good or reward them with
> cash when the finish a semester or something.
at 31 you're just starting? Fuck i worked commission retail every second
the store was open for 3 years to pay mine off. I lived in a shit hole
house with 2 other people with no car walking distance to work just to pay
them off.
Spending money for the bar should be earned by a part time job. Books and
tuition should be partially earned by working full time all summer.
>
> > Would you be looking for a way to secure wealth at 33 if you had someone
> > help you out in the beginning? What if your parents had matched your
> > school money? How much further ahead would you be now?
>
> 31 Thank you. I just started paying those off. I didn't go to school
> until late. I was 27 or 28 I think when I first started.
Makes more sense. I went to school at 17 and graduated at 20 back in 1996.
Paid them off be 1999.
>
> > I guess your kids will have to pay for their weddings and cars too. Are
> > you going to at least give them a gift on Christmas?
>
> I will pay for the wedding if I have girls not boys that is the tradition.
> I MAY buy them a used car, but not outright. They WILL have to work for
> it.
See now make then earn the education money too and they'll really be
ahead.
The parents of the Groom on some cultures pays for the rehearsal. Others
have them pay for the bar.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
Chris
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| | | | | | | | | | | |
Date: 08 Jan 2009 12:35:17
From: John_Brian_K
Subject: Re: Building wealth
|
> Are they earning the cash your giving them or are you giving them an
> allowance for simply existing? Make them earn the money for the new skate
> board or Barbie.
There are 2 answers for this. I used to get 1.50 a week for doing my
chores as a kid. I remember getting as much as 5.00 a week when I got
older. Doing the dishes, taking out the garbage, mowing the lawn etc.
> Make them earn the money for some of their education but
> if they are having to spend 15,000/year (to use your number which I
> believe to be low) for 4 years is a lot. They graduate and say they took a
> loan out for 75% of it. They are now $45,000 in debt, looking for a job,
> maybe moving, having to buy a car and just started a job at $30,000 a
> year. Are you telling me this is the way that they should start their
> lives?
Yup. Everything except for the part about starting at 30k a year.
Hopefully they get more. If not then of course I am not going to leave
them high and dry. Let us say they graduate, buy a car they can afford
and move into an apartment. Let us also say that they are having trouble
finding a job. Am I going to let them get evicted? Probably not. I will
loan them some money and not act like a collector to get it back. The
term is help not carry.
> That's not the only way. You can "get it" by being taught to earn what you
> want.
Really? Did you learn to fuck watching porn? Were you the best your
first time out? Or did you get better as you did it more?
> at 31 you're just starting? Fuck i worked commission retail every second
> the store was open for 3 years to pay mine off. I lived in a shit hole
> house with 2 other people with no car walking distance to work just to pay
> them off.
Yup.
> Makes more sense. I went to school at 17 and graduated at 20 back in 1996.
> Paid them off be 1999.
My dad was a line worker at Dodge and my mother worked as a cleaning lady.
I didn't come from a family that attended college or stressed the
importance of it.
> See now make then earn the education money too and they'll really be
> ahead.
That is like a fulltime job. How the hell am I going to get them to
'earn' 15k a year?
> The parents of the Groom on some cultures pays for the rehearsal. Others
> have them pay for the bar.
Yup my dad already told us he is paying for the rehearsal dinner and that
is it. We do not even want a rehearsal dinner. Her mother is paying
nothing and neither is her dad. ALL us.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
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Date: 08 Jan 2009 12:50:41
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:35 PM, John_Brian_K wrote:
> > Are they earning the cash your giving them or are you giving them an
> > allowance for simply existing? Make them earn the money for the new skate
> > board or Barbie.
>
> There are 2 answers for this. I used to get 1.50 a week for doing my
> chores as a kid. I remember getting as much as 5.00 a week when I got
> older. Doing the dishes, taking out the garbage, mowing the lawn etc.
great, you got a work ethic. So did I. Did that prepare you for earning a
living? What about getting a job to buy a car?
>
> > Make them earn the money for some of their education but
> > if they are having to spend 15,000/year (to use your number which I
> > believe to be low) for 4 years is a lot. They graduate and say they took a
> > loan out for 75% of it. They are now $45,000 in debt, looking for a job,
> > maybe moving, having to buy a car and just started a job at $30,000 a
> > year. Are you telling me this is the way that they should start their
> > lives?
>
> Yup. Everything except for the part about starting at 30k a year.
> Hopefully they get more. If not then of course I am not going to leave
> them high and dry. Let us say they graduate, buy a car they can afford
> and move into an apartment. Let us also say that they are having trouble
> finding a job. Am I going to let them get evicted? Probably not. I will
> loan them some money and not act like a collector to get it back. The
> term is help not carry.
What's the average wage for a recent graduate in your area?
If they buy a car they can afford and live in a place they can afford and
know the value of earning what they want why are they getting evicted?
Are you even Reading the parts about me making sure they know how to earn
what they want and live within their means?
>
> > That's not the only way. You can "get it" by being taught to earn what you
> > want.
>
> Really? Did you learn to fuck watching porn? Were you the best your
> first time out? Or did you get better as you did it more?
I am not sure your point here? I'm still not the best at fucking.
>
> > at 31 you're just starting? Fuck i worked commission retail every second
> > the store was open for 3 years to pay mine off. I lived in a shit hole
> > house with 2 other people with no car walking distance to work just to pay
> > them off.
>
> Yup.
>
> > Makes more sense. I went to school at 17 and graduated at 20 back in 1996.
> > Paid them off be 1999.
>
> My dad was a line worker at Dodge and my mother worked as a cleaning lady.
> I didn't come from a family that attended college or stressed the
> importance of it.
As a graduate and seeing what your soon to be wife earns are you more of a
fan of it now?
>
> > See now make then earn the education money too and they'll really be
> > ahead.
>
> That is like a full time job. How the hell am I going to get them to
> 'earn' 15k a year?
When I was attending college when i was 18 I was able to earn $15,000 a
year working at Wendy's for $7 an hour. I was working 60+ hours in the
summer and 30 during school.
>
> > The parents of the Groom on some cultures pays for the rehearsal. Others
> > have them pay for the bar.
>
> Yup my dad already told us he is paying for the rehearsal dinner and that
> is it. We do not even want a rehearsal dinner. Her mother is paying
> nothing and neither is her dad. ALL us.
I paid for everything with my wedding. I got a gift from my mom but that
was 4 appliances for the house not money to pay for the wedding.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
Chris
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Date: 11 Jan 2009 06:31:15
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"charrison100" <a11faea@webnntp.invalid > wrote in message
news:1i5i36x3am.ln2@recgroups.com...
>> That is like a full time job. How the hell am I going to get them to
>> 'earn' 15k a year?
>
> When I was attending college when i was 18 I was able to earn $15,000 a
> year working at Wendy's for $7 an hour. I was working 60+ hours in the
> summer and 30 during school.
>
And you paid how much in taxes?
I made over 16000 my first year out of high school. I made 32000 the second,
and THEN I could support myself.
|
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Date: 12 Jan 2009 05:52:35
From: charrison100
Subject: Re: Building wealth
|
On Jan 11 2009 1:31 AM, Beldin the Sorcerer wrote:
> "charrison100" <a11faea@webnntp.invalid> wrote in message
> news:1i5i36x3am.ln2@recgroups.com...
> >> That is like a full time job. How the hell am I going to get them to
> >> 'earn' 15k a year?
> >
> > When I was attending college when i was 18 I was able to earn $15,000 a
> > year working at Wendy's for $7 an hour. I was working 60+ hours in the
> > summer and 30 during school.
> >
> And you paid how much in taxes?
> I made over 16000 my first year out of high school. I made 32000 the second,
> and THEN I could support myself.
At that time I was losing a small part to taxes. 19% of everything over
$6456 or something like that. So $1625 or somethign like that.
Chris
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Date: 12 Jan 2009 14:50:14
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"charrison100" <a11faea@webnntp.invalid > wrote in message
news:3iur36xv03.ln2@recgroups.com...
> On Jan 11 2009 1:31 AM, Beldin the Sorcerer wrote:
>
>> "charrison100" <a11faea@webnntp.invalid> wrote in message
>> news:1i5i36x3am.ln2@recgroups.com...
>> >> That is like a full time job. How the hell am I going to get them to
>> >> 'earn' 15k a year?
>> >
>> > When I was attending college when i was 18 I was able to earn $15,000 a
>> > year working at Wendy's for $7 an hour. I was working 60+ hours in the
>> > summer and 30 during school.
>> >
>> And you paid how much in taxes?
>> I made over 16000 my first year out of high school. I made 32000 the
>> second,
>> and THEN I could support myself.
>
> At that time I was losing a small part to taxes. 19% of everything over
> $6456 or something like that. So $1625 or somethign like that.
>
Don't forget SSI/medicaid... 7.51% I believe.
|
| | | | | | | | | | | | | | | | |
Date: 12 Jan 2009 08:13:29
From: charrison100
Subject: Re: Building wealth
|
On Jan 12 2009 9:50 AM, Beldin the Sorcerer wrote:
> "charrison100" <a11faea@webnntp.invalid> wrote in message
> news:3iur36xv03.ln2@recgroups.com...
> > On Jan 11 2009 1:31 AM, Beldin the Sorcerer wrote:
> >
> >> "charrison100" <a11faea@webnntp.invalid> wrote in message
> >> news:1i5i36x3am.ln2@recgroups.com...
> >> >> That is like a full time job. How the hell am I going to get them to
> >> >> 'earn' 15k a year?
> >> >
> >> > When I was attending college when i was 18 I was able to earn $15,000 a
> >> > year working at Wendy's for $7 an hour. I was working 60+ hours in the
> >> > summer and 30 during school.
> >> >
> >> And you paid how much in taxes?
> >> I made over 16000 my first year out of high school. I made 32000 the
> >> second,
> >> and THEN I could support myself.
> >
> > At that time I was losing a small part to taxes. 19% of everything over
> > $6456 or something like that. So $1625 or something like that.
> >
> Don't forget SSI/medicaid... 7.51% I believe.
It was a long time ago. I am also Canadian and it was part time so
benefits did not exist. Also I think that the Employment insurance did not
kick in until a certain level.
The least I lived on we 27,000 a year which was when I was first year
College, I had maxed out credit cards and student loans for the tuition.
My wages went to rent and booze. I worked in a restaurant so food was a
luxury for when i was working.
First 3 years out of College were commission work and I was earning $40 -
50,000 and aggressively paying of my loans. After that I was doing IT
Contracting for a year until the Y2K shit came to a fizzle. Since then i
have been full time at Banks and Law firms doing tech support. I make a
decent compared to my cost of living. I have the toys i want and the
disposable income to donate in poker games.
Now my wife is a different story. When we first met we were equal in pay.
Since then she has gotten a degree in Accounting from a university and
become a Certified General Account. Her pay is now triple mine. Best part
is that the company she was working for paid for it all. She worked full
time and did school at night and as long as she passed the course she was
covered.
Chris
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Date: 08 Jan 2009 13:20:00
From: John_Brian_K
Subject: Re: Building wealth
|
> As a graduate and seeing what your soon to be wife earns are you more of a
> fan of it now?
Not really. If you know right out the gate that you want to be a doctor
than yeah you HAVE to go to college to get that job. If you want to get
into advertising, consulting, or any of=ther type of business the degree
is worth shit.
I do not use my degree in the job I am in now at all. It was not a
deciding factor in them hiring me at ALL.
In Business it is all who you know not what you know. They interviewed
someone I knew and was friends with for my current job. He could not
accept it because he had 2 kids and a wife who didnt wok so he needed to
make more money. They wanted HIm, but he recommended me because I was out
of work at the time.
It is all who you know in alot of professions. I am stuck 42k and haven't
used a lick of what I learned in school for this job.
> When I was attending college when i was 18 I was able to earn $15,000 a
> year working at Wendy's for $7 an hour. I was working 60+ hours in the
> summer and 30 during school.
Room and board, food, gas bill, money for haircuts etc etc etc. 15k a
year = about 2k that could be used for tuition.
> I paid for everything with my wedding. I got a gift from my mom but that
> was 4 appliances for the house not money to pay for the wedding.
If I dont get a grand from my old man I am gonna kick him in the ass!
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
________________________________________________________________________
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Date: 08 Jan 2009 13:33:22
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 4:20 PM, John_Brian_K wrote:
> > As a graduate and seeing what your soon to be wife earns are you more of a
> > fan of it now?
>
> Not really. If you know right out the gate that you want to be a doctor
> than yeah you HAVE to go to college to get that job. If you want to get
> into advertising, consulting, or any of=ther type of business the degree
> is worth shit.
Are you saying that you can get a job in any field with out a base
knowledge of what the field does?
>
> I do not use my degree in the job I am in now at all. It was not a
> deciding factor in them hiring me at ALL.
>
> In Business it is all who you know not what you know. They interviewed
> someone I knew and was friends with for my current job. He could not
> accept it because he had 2 kids and a wife who didn't wok so he needed to
> make more money. They wanted Him, but he recommended me because I was out
> of work at the time.
But was it a factor in agreeing to meet you? Some HR people will
automatically blacklist you for not having a post secondary education even
if it's not related. It shows that you can complete tasks and have the
ability for self motivated tasks.
>
> It is all who you know in alot of professions. I am stuck 42k and haven't
> used a lick of what I learned in school for this job.
I have gotten most jobs from referrals as well and agree it opens doors
but not having post secondary can close them too.
>
> > When I was attending college when i was 18 I was able to earn $15,000 a
> > year working at Wendy's for $7 an hour. I was working 60+ hours in the
> > summer and 30 during school.
>
> Room and board, food, gas bill, money for haircuts etc etc etc. 15k a
> year = about 2k that could be used for tuition.
So you want them to take loans out to pay to live on top of going to
school? So in your version you want your kid to earn $15,000 a year to
live and to take out $15,000 plus to go to school. They will be borrowing
100% percent of their income per year.
What would happen in 4 years if you did the same knowing your income would
double when you graduated?
>
> > I paid for everything with my wedding. I got a gift from my mom but that
> > was 4 appliances for the house not money to pay for the wedding.
>
> If I dont get a grand from my old man I am gonna kick him in the ass!
lol my old man is out of the picture her's has passed. Her Mom is fixed
income and My mom gave the gift. i still had the day I wanted and so did
she.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
Chris
----
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Date: 08 Jan 2009 13:43:08
From: John_Brian_K
Subject: Re: Building wealth
|
> Are you saying that you can get a job in any field with out a base
> knowledge of what the field does?
If you know the right people yeah.
> But was it a factor in agreeing to meet you? Some HR people will
> automatically blacklist you for not having a post secondary education even
> if it's not related. It shows that you can complete tasks and have the
> ability for self motivated tasks.
Nope.
> I have gotten most jobs from referrals as well and agree it opens doors
> but not having post secondary can close them too.
It can, but my premise is it is who you know. Just a few days ago the
woman in charge of hiring came in and asked me about a guy they were
thinking of bringing in with a few others to interview for an opening.
The guy happened to work at my former employer and was the father of a
chick I used to hang with while I worked there. I told them he was a good
guy blah blah blah. Now he got his foot in the door for an interview
based of my recommendation. You know why? because I am good. Stands to
reason.
It is ALL who you know in MOST professions.
> So you want them to take loans out to pay to live on top of going to
> school? So in your version you want your kid to earn $15,000 a year to
> live and to take out $15,000 plus to go to school. They will be borrowing
> 100% percent of their income per year.
>
> What would happen in 4 years if you did the same knowing your income would
> double when you graduated?
Something got confused here BIGTIME. I do not have time to figure out
what right now, but that is NOT what I was saying.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
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| | | | | | | | | | | | | | | | |
Date: 08 Jan 2009 17:03:27
From: charrison100
Subject: Re: Building wealth
|
> > So you want them to take loans out to pay to live on top of going to
> > school? So in your version you want your kid to earn $15,000 a year to
> > live and to take out $15,000 plus to go to school. They will be borrowing
> > 100% percent of their income per year.
> >
> > What would happen in 4 years if you did the same knowing your income would
> > double when you graduated?
>
> Something got confused here BIGTIME. I do not have time to figure out
> what right now, but that is NOT what I was saying.
>
I asked you if you were serious about not spending a penny towards your
kids education. You said Yes.
This was us talking about both sides in a debate that has not resorting to
name calling.
-------------------------------------------------------------------------------------------
> Seriously?
>
> Chris
Seriously.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
Chris
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| | | | | | | | | | | | | | |
Date: 08 Jan 2009 13:28:44
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 3:20 PM, John_Brian_K wrote:
> In Business it is all who you know not what you know. They interviewed
> someone I knew and was friends with for my current job. He could not
> accept it because he had 2 kids and a wife who didnt wok so he needed to
> make more money. They wanted HIm, but he recommended me because I was out
> of work at the time.
>
> It is all who you know in alot of professions. I am stuck 42k and haven't
> used a lick of what I learned in school for this job.
I haven't found this to be true in the IT industry. While who you know
might get you in the door and started out early, it's what you can do and
more importantly what your credentials are that get you places. I don't
have a degree (long story, went to music school, didn't work out, blah
blah), and after more than 15 years in IT I'm just now to the point where
my experience and accomplishments outweigh the lack of degree. Still,
there are many places that I would be stuck at a certain level and unable
to progress any higher because I don't have it. It wouldn't matter one
bit if I didn't have an IT related degree. I could have a marine biology
degree for all they care, it's the little asterisk next to the name that
will always stand out.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 08 Jan 2009 12:37:47
From: BillB
Subject: Re: Building wealth
|
"John_Brian_K" <a7ecb57@webnntp.invalid > wrote in message
news:5l4i36x05m.ln2@recgroups.com...
> My dad was a line worker at Dodge and my mother worked as a cleaning lady.
> I didn't come from a family that attended college or stressed the
> importance of it.
I never would have guessed.
|
| | | | | | | | | | | | | |
Date: 08 Jan 2009 13:02:17
From: Paul Popinjay
Subject: Re: Building wealth
|
"BillB" <bogus@shaw1.ca > wrote in message
news:wut9l.15333$Ou7.2634@newsfe24.iad...
>
> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
> news:5l4i36x05m.ln2@recgroups.com...
>
>> My dad was a line worker at Dodge and my mother worked as a cleaning
>> lady. I didn't come from a family that attended college or stressed the
>> importance of it.
>
> I never would have guessed.
My parents stole meat.
|
| | | | | | | | | | | | | | |
Date: 09 Jan 2009 03:38:41
From: Ian Stuart
Subject: Re: Building wealth
|
On Jan 8 2009 10:02 PM, Paul Popinjay wrote:
> "BillB" <bogus@shaw1.ca> wrote in message
> news:wut9l.15333$Ou7.2634@newsfe24.iad...
> >
> > "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
> > news:5l4i36x05m.ln2@recgroups.com...
> >
> >> My dad was a line worker at Dodge and my mother worked as a cleaning
> >> lady. I didn't come from a family that attended college or stressed the
> >> importance of it.
> >
> > I never would have guessed.
>
>
> My parents stole meat.
Nah, you just misunderstood when you heard them talking about hiding the
salami.
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| | | | | | | | | | | | | | |
Date: 08 Jan 2009 13:22:13
From: BillB
Subject: Re: Building wealth
|
"Paul Popinjay" <paulpopinjay@sbcglobal.net > wrote in message
news:DRt9l.1519$%54.704@nlpi070.nbdc.sbc.com...
> "BillB" <bogus@shaw1.ca> wrote in message
> news:wut9l.15333$Ou7.2634@newsfe24.iad...
>>
>> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
>> news:5l4i36x05m.ln2@recgroups.com...
>>
>>> My dad was a line worker at Dodge and my mother worked as a cleaning
>>> lady. I didn't come from a family that attended college or stressed the
>>> importance of it.
>>
>> I never would have guessed.
>
>
> My parents stole meat.
That I would have guessed!
|
| | | | | | | | | | | | | |
Date: 08 Jan 2009 14:56:34
From: Kyle T. Jones
Subject: Re: Building wealth
|
BillB, my dear, dear friend, there was this time, oh, 1/8/2009 2:37 PM
or thereabouts, when you let the following craziness loose on Usenet:
> "John_Brian_K" <a7ecb57@webnntp.invalid> wrote in message
> news:5l4i36x05m.ln2@recgroups.com...
>
>> My dad was a line worker at Dodge and my mother worked as a cleaning lady.
>> I didn't come from a family that attended college or stressed the
>> importance of it.
>
> I never would have guessed.
>
>
your a meen won!
|
| | | | | | | | | | |
Date: 08 Jan 2009 12:10:42
From: CincinnatiKid
Subject: Re: Building wealth
|
On Jan 8 2009 3:00 PM, John_Brian_K wrote:
> > Is this not a formula for setting your kids up to be behind before they
> > start?
>
> I guess my opinion is not popular on this issue. I do not consider
> providing a loving home, nurturing parents, a nice home to live in, most
> likely cash here and there when they need it, private schools for 12 years
> 'Setting them up to be behind'
>
> Financially they may start out in the rears, but the sooner they 'get it'
> that they are responsible for themselves the better IMO. The only way to
> 'get it' is to dive in.
>
> > I had to do the loans to pay for my school and i remember how hard I had
> > to work to pay it off. I will want my kids to be educated but I want them
> > to start on a level playing field. I also expect them to pay for some of
> > it. They come up with 1/4 and I will float the rest. There will also be
> > requirements like grades and time limits.
>
> I just started paying my loans off. I MAY (MAY) give them money while
> they attend school as long as their grades are good or reward them with
> cash when the finish a semester or something.
>
> > Would you be looking for a way to secure wealth at 33 if you had someone
> > help you out in the beginning? What if your parents had matched your
> > school money? How much further ahead would you be now?
>
> 31 Thank you. I just started paying those off. I didn't go to school
> until late. I was 27 or 28 I think when I first started.
>
> > I guess your kids will have to pay for their weddings and cars too. Are
> > you going to at least give them a gift on Christmas?
>
> I will pay for the wedding if I have girls not boys that is the tradition.
> I MAY buy them a used car, but not outright. They WILL have to work for
> it.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
I agree with you. I worked my butt off from age 14 to the college years. I
never had a thing given to me. It helps build character and teaches
responsibility.
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Date: 08 Jan 2009 12:29:32
From: charrison100
Subject: Re: Building wealth
|
> I agree with you. I worked my butt off from age 14 to the college years. I
> never had a thing given to me. It helps build character and teaches
> responsibility.
Good for you, so did I. If my kids want something they'll have to earn it
too. Paper routes, restaurants, grocery stores. My objection is forcing
them to take out loans for thousands or dollars to get the education. Kids
earns 1/4 of the cost of tuition and books keeps a certain GPA and holds a
part-time job for spending money I will pay the other 3/4.
Chris
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Date: 08 Jan 2009 12:18:26
From: BillB
Subject: Re: Building wealth
|
"CincinnatiKid" <a16b5@webnntp.invalid > wrote in message
news:273i36xlul.ln2@recgroups.com...
> I agree with you. I worked my butt off from age 14 to the college years. I
> never had a thing given to me. It helps build character and teaches
> responsibility.
So what happened?
|
| | | | | | | | | | | | |
Date: 08 Jan 2009 12:45:05
From: CincinnatiKid
Subject: Re: Building wealth
|
On Jan 8 2009 3:18 PM, BillB wrote:
> "CincinnatiKid" <a16b5@webnntp.invalid> wrote in message
> news:273i36xlul.ln2@recgroups.com...
>
> > I agree with you. I worked my butt off from age 14 to the college years. I
> > never had a thing given to me. It helps build character and teaches
> > responsibility.
>
> So what happened?
The divorce was a financial set-back, but other than that I'm doing
perfectly fine. I have little to no debt now, have a 2 1/2 year old, own
my own business. Most importantly I'm happy.
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Date: 08 Jan 2009 14:53:52
From: Kyle T. Jones
Subject: Re: Building wealth
|
CincinnatiKid, my dear, dear friend, there was this time, oh, 1/8/2009
2:45 PM or thereabouts, when you let the following craziness loose on
Usenet:
> On Jan 8 2009 3:18 PM, BillB wrote:
>
>> "CincinnatiKid" <a16b5@webnntp.invalid> wrote in message
>> news:273i36xlul.ln2@recgroups.com...
>>
>>> I agree with you. I worked my butt off from age 14 to the college years. I
>>> never had a thing given to me. It helps build character and teaches
>>> responsibility.
>> So what happened?
>
> The divorce was a financial set-back, but other than that I'm doing
> perfectly fine. I have little to no debt now, have a 2 1/2 year old, own
> my own business. Most importantly I'm happy.
>
What kind of business, Cincy? (If you don't mind the question, if you'd
rather not answer I understand).
Cheers.
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Date: 08 Jan 2009 12:23:57
From: John_Brian_K
Subject: Re: Building wealth
|
> I agree with you. I worked my butt off from age 14 to the college years. I
> never had a thing given to me. It helps build character and teaches
> responsibility.
I was working at 15 and have had help in the past, but nothing like an
education for 30 or 40k. My parents have helped me with vehicles etc, but
they were all used an not worth anything more than 4k or so.
I have had to work for most everything I have.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
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Date: 08 Jan 2009 12:58:11
From: Paul Popinjay
Subject: Re: Building wealth
|
"John_Brian_K" <a7ecb57@webnntp.invalid > wrote in message
news:tv3i36x92m.ln2@recgroups.com...
>
> I was working at 15 and have had help in the past, but nothing like an
> education for 30 or 40k. My parents have helped me with vehicles etc, but
> they were all used an not worth anything more than 4k or so.
>
My Uncle Giuseppe taught me a lot.
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Date: 08 Jan 2009 12:31:42
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:23 PM, John_Brian_K wrote:
> > I agree with you. I worked my butt off from age 14 to the college years. I
> > never had a thing given to me. It helps build character and teaches
> > responsibility.
>
> I was working at 15 and have had help in the past, but nothing like an
> education for 30 or 40k. My parents have helped me with vehicles etc, but
> they were all used an not worth anything more than 4k or so.
So your parents helped you out. Did you pay them back?
>
> I have had to work for most everything I have.
As have I and most people here. I just think that there are other ways to
help them and teach them how to survive with out handing them and
potentially crippling debt.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
Chris
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Date: 08 Jan 2009 12:38:08
From: John_Brian_K
Subject: Re: Building wealth
|
> So your parents helped you out. Did you pay them back?
Yup. Not every penny I will admit to that freely, but most of it. That
is the 'help' I was referring to.
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
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Date: 08 Jan 2009 13:05:02
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:38 PM, John_Brian_K wrote:
> > So your parents helped you out. Did you pay them back?
>
> Yup. Not every penny I will admit to that freely, but most of it. That
> is the 'help' I was referring to.
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
So what if your parents wouldn't help you?
Chris
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Date: 08 Jan 2009 12:16:41
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 2:10 PM, CincinnatiKid wrote:
> I agree with you. I worked my butt off from age 14 to the college years. I
> never had a thing given to me. It helps build character and teaches
> responsibility.
<gets popcorn out >
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 08 Jan 2009 14:32:52
From: Kyle T. Jones
Subject: Re: Building wealth
|
XaQ Morphy, my dear, dear friend, there was this time, oh, 1/8/2009 2:16
PM or thereabouts, when you let the following craziness loose on Usenet:
> On Jan 8 2009 2:10 PM, CincinnatiKid wrote:
>
>> I agree with you. I worked my butt off from age 14 to the college years. I
>> never had a thing given to me. It helps build character and teaches
>> responsibility.
>
> <gets popcorn out>
>
POTD!
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Date: 08 Jan 2009 11:55:09
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 1:45 PM, charrison100 wrote:
> I had to do the loans to pay for my school and i remember how hard I had
> to work to pay it off.
I think that's his point.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 08 Jan 2009 12:10:23
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 2:55 PM, XaQ Morphy wrote:
> On Jan 8 2009 1:45 PM, charrison100 wrote:
>
> > I had to do the loans to pay for my school and i remember how hard I had
> > to work to pay it off.
>
> I think that's his point.
>
> ---
> Morphy
> xaqmorphy@donkeymanifesto.com
> http://www.donkeymanifesto.com
> "SHUT UP IDIOT" --The Great Patholio
You can instill a work ethic with out messing with the kids finances when
they are starting out in life. Work Ethic starts with that snot nosed
little toddler begging for the latest toy on the TV. You know what clean
up your room and earn the toy. You want a car then earn the money for it.
Why would you hold your kid back from getting an education so that can be
financially successful and if they do graduate have them in debt for a
year's salary or more?
Chris
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Date: 08 Jan 2009 12:16:02
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 2:10 PM, charrison100 wrote:
> Why would you hold your kid back from getting an education so that can be
> financially successful and if they do graduate have them in debt for a
> year's salary or more?
So they can learn how the real world works?
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
________________________________________________________________________
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Date: 08 Jan 2009 12:25:49
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:16 PM, XaQ Morphy wrote:
> On Jan 8 2009 2:10 PM, charrison100 wrote:
>
> > Why would you hold your kid back from getting an education so that can be
> > financially successful and if they do graduate have them in debt for a
> > year's salary or more?
>
> So they can learn how the real world works?
>
> ---
> Morphy
> xaqmorphy@donkeymanifesto.com
> http://www.donkeymanifesto.com
> "SHUT UP IDIOT" --The Great Patholio
They should know how the world works before they graduate college.
Chris
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Date: 08 Jan 2009 12:32:50
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 2:25 PM, charrison100 wrote:
> They should know how the world works before they graduate college.
uhh, lol.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 08 Jan 2009 12:37:43
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:32 PM, XaQ Morphy wrote:
> On Jan 8 2009 2:25 PM, charrison100 wrote:
>
> > They should know how the world works before they graduate college.
>
> uhh, lol.
>
> ---
> Morphy
> xaqmorphy@donkeymanifesto.com
> http://www.donkeymanifesto.com
> "SHUT UP IDIOT" --The Great Patholio
put your poopcorn down and tell me what they should know upon graduation
that you will not have taught them.
Chris
________________________________________________________________________
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Date: 08 Jan 2009 12:47:14
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 2:37 PM, charrison100 wrote:
> put your poopcorn down and tell me what they should know upon graduation
> that you will not have taught them.
College does not teach people how to live and function in society. It
gives people the potential abilities and knowledge to attempt to obtain
desired goals and needs.
Your comments were a bit confusing. On one hand you were saying you
wanted to pay for your kids' tuitions because you didn't want to cripple
them with debt. But then you made a comment to Cincy (I think) about how
sheltered his kids were going to be. The two seem to be differing points
of view.
All I'm saying is that a bunch of college courses and a degree in whatever
the fuck isn't going to immediately teach someone how the world works and
how to survive in it. You can obtain all of the "book smarts" as anyone
in college but won't really understand how things work without "street
smarts" which can only be gained by real world experience.
School loans are a part of life for those that attend college. Those who
really want to go above and beyond will search out scholarships and
grants. What better way to teach a kid how the world works and
responsibility, not to mention growing a credit history than to start
paying off student loans? The loan companies don't expect that money back
in 90 days or even a year, so it's not like they have to find a job and
put every cent they own towards the loan.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
--------
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Date: 11 Jan 2009 06:46:01
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"XaQ Morphy" <a1c5905@webnntp.invalid > wrote in message
news:ib5i36x09m.ln2@recgroups.com...
> On Jan 8 2009 2:37 PM, charrison100 wrote:
>
>> put your poopcorn down and tell me what they should know upon graduation
>> that you will not have taught them.
>
> College does not teach people how to live and function in society. It
> gives people the potential abilities and knowledge to attempt to obtain
> desired goals and needs.
And it gives them a piece of paper required to get even an interview in 90%
of the jobs out there.
> >
> All I'm saying is that a bunch of college courses and a degree in whatever
> the fuck isn't going to immediately teach someone how the world works and
> how to survive in it. You can obtain all of the "book smarts" as anyone
> in college but won't really understand how things work without "street
> smarts" which can only be gained by real world experience.
Lots of people with "work experience" are clueless too.
>
> School loans are a part of life for those that attend college. Those who
> really want to go above and beyond will search out scholarships and
> grants. What better way to teach a kid how the world works and
> responsibility, not to mention growing a credit history than to start
> paying off student loans? The loan companies don't expect that money back
> in 90 days or even a year, so it's not like they have to find a job and
> put every cent they own towards the loan.
No, they just have the equivilent of a small mortgage or a large car loan
hanging over them... before they try to buy a car or a house.
>
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Date: 08 Jan 2009 15:04:04
From: Kyle T. Jones
Subject: Re: Building wealth
|
XaQ Morphy, my dear, dear friend, there was this time, oh, 1/8/2009 2:47
PM or thereabouts, when you let the following craziness loose on Usenet:
> On Jan 8 2009 2:37 PM, charrison100 wrote:
>
>> put your poopcorn down and tell me what they should know upon graduation
>> that you will not have taught them.
>
> College does not teach people how to live and function in society. It
> gives people the potential abilities and knowledge to attempt to obtain
> desired goals and needs.
>
> Your comments were a bit confusing. On one hand you were saying you
> wanted to pay for your kids' tuitions because you didn't want to cripple
> them with debt. But then you made a comment to Cincy (I think) about how
> sheltered his kids were going to be. The two seem to be differing points
> of view.
>
> All I'm saying is that a bunch of college courses and a degree in whatever
> the fuck isn't going to immediately teach someone how the world works and
> how to survive in it. You can obtain all of the "book smarts" as anyone
> in college but won't really understand how things work without "street
> smarts" which can only be gained by real world experience.
>
> School loans are a part of life for those that attend college. Those who
> really want to go above and beyond will search out scholarships and
> grants. What better way to teach a kid how the world works and
> responsibility, not to mention growing a credit history than to start
> paying off student loans? The loan companies don't expect that money back
> in 90 days or even a year, so it's not like they have to find a job and
> put every cent they own towards the loan.
>
To me, the elephant in the room is the actual cost of attending college.
My dear ol' Dad was able to put himself through without taking loans -
prior to the Army he went most of the way just working college jobs -
after the Army he was married and having kids, and working a decent 9-5,
but finished at night.
That's a tough proposition these days. Pluseth, although the cost of
school and a graduating student's average debt have both risen
significantly, the value of an undergrad degree has dropped.
Cheers.
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Date: 08 Jan 2009 14:19:05
From: Will_gamble
Subject: Re: Building wealth
|
On Jan 8 2009 3:04 PM, Kyle T. Jones wrote:
> XaQ Morphy, my dear, dear friend, there was this time, oh, 1/8/2009 2:47
> PM or thereabouts, when you let the following craziness loose on Usenet:
> > On Jan 8 2009 2:37 PM, charrison100 wrote:
> >
> >> put your poopcorn down and tell me what they should know upon graduation
> >> that you will not have taught them.
> >
> > College does not teach people how to live and function in society. It
> > gives people the potential abilities and knowledge to attempt to obtain
> > desired goals and needs.
> >
> > Your comments were a bit confusing. On one hand you were saying you
> > wanted to pay for your kids' tuitions because you didn't want to cripple
> > them with debt. But then you made a comment to Cincy (I think) about how
> > sheltered his kids were going to be. The two seem to be differing points
> > of view.
> >
> > All I'm saying is that a bunch of college courses and a degree in whatever
> > the fuck isn't going to immediately teach someone how the world works and
> > how to survive in it. You can obtain all of the "book smarts" as anyone
> > in college but won't really understand how things work without "street
> > smarts" which can only be gained by real world experience.
> >
> > School loans are a part of life for those that attend college. Those who
> > really want to go above and beyond will search out scholarships and
> > grants. What better way to teach a kid how the world works and
> > responsibility, not to mention growing a credit history than to start
> > paying off student loans? The loan companies don't expect that money back
> > in 90 days or even a year, so it's not like they have to find a job and
> > put every cent they own towards the loan.
> >
>
> To me, the elephant in the room is the actual cost of attending college.
> My dear ol' Dad was able to put himself through without taking loans -
> prior to the Army he went most of the way just working college jobs -
> after the Army he was married and having kids, and working a decent 9-5,
> but finished at night.
>
> That's a tough proposition these days. Pluseth, although the cost of
> school and a graduating student's average debt have both risen
> significantly, the value of an undergrad degree has dropped.
>
> Cheers.
Which makes me think you would be better off learning a trade, get some
experience working for someone else and then use your first loan to start
your own service related business.
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Date: 09 Jan 2009 09:27:27
From: Kyle T. Jones
Subject: Re: Building wealth
|
Will_gamble, my dear, dear friend, there was this time, oh, 1/8/2009
4:19 PM or thereabouts, when you let the following craziness loose on
Usenet:
>
> Which makes me think you would be better off learning a trade, get some
> experience working for someone else and then use your first loan to start
> your own service related business.
>
I think that's a great route to take. We've been told, ever since I was
a little kid, that there aren't enough people following this route, at
least in terms of skilled trades (a number of my friends in high school
went this route - either tool and die, or winding motors).
But, some people are interested in doing things that you pretty much
*have* to get the ol' college degree for... it takes all types.
I'd like to see us putting more people through engineering schools and
less through business schools, but apparently that's not the direction
we've decided to go.
Cheers.
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Date: 09 Jan 2009 07:53:16
From: charrison100
Subject: Re: Building wealth
|
On Jan 9 2009 10:27 AM, Kyle T. Jones wrote:
> Will_gamble, my dear, dear friend, there was this time, oh, 1/8/2009
> 4:19 PM or thereabouts, when you let the following craziness loose on
> Usenet:
>
> >
> > Which makes me think you would be better off learning a trade, get some
> > experience working for someone else and then use your first loan to start
> > your own service related business.
> >
>
> I think that's a great route to take. We've been told, ever since I was
> a little kid, that there aren't enough people following this route, at
> least in terms of skilled trades (a number of my friends in high school
> went this route - either tool and die, or winding motors).
>
> But, some people are interested in doing things that you pretty much
> *have* to get the ol' college degree for... it takes all types.
>
> I'd like to see us putting more people through engineering schools and
> less through business schools, but apparently that's not the direction
> we've decided to go.
>
> Cheers.
You can make a great living being a skilled trade. You can make a great
business if you're a skilled trade who has a business degree.
Chris
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Date: 09 Jan 2009 09:41:00
From: da pickle
Subject: Re: Building wealth
|
"Kyle T. Jones"
>> Which makes me think you would be better off learning a trade, get some
>> experience working for someone else and then use your first loan to start
>> your own service related business.
>>
>
> I think that's a great route to take. We've been told, ever since I was a
> little kid, that there aren't enough people following this route, at least
> in terms of skilled trades (a number of my friends in high school went
> this route - either tool and die, or winding motors).
If there is a shortage of skilled trade workers, the cost of that labor will
rise. That rise in labor costs should cause more folks to choose that trade
... of course, there are many impediments to the changes. There is lag in
the process. There are the buggy whip folks that want to keep their jobs
and will do anything to make sure there is no transition to different modes
of transportation. There is always change and there is no good way (in my
opinion) for "experts" to decide what is the "best" change to support and
which change to forbid.
> But, some people are interested in doing things that you pretty much
> *have* to get the ol' college degree for... it takes all types.
This is true. There have been societies that allowed experts to decide who
should do what. We have a different sort of process, as flawed as it is,
but there is always pressure to change what we have to a more "efficient"
(and "fair") directive sort of process.
> I'd like to see us putting more people through engineering schools and
> less through business schools, but apparently that's not the direction
> we've decided to go.
This is the rub. Who is "us" and who is "we've" in this sentence? I would
like to see everyone make good choices ... but that is not going to happen.
I would not like to experiment with having someone other than students and
their parents deciding who should do what. I do not really think "we" have
a right to decide the direction people decide to go ... you see what I mean?
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Date: 08 Jan 2009 13:23:00
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 3:04 PM, Kyle T. Jones wrote:
> the value of an undergrad degree has dropped.
While that may be true, it also seems to be true that the penalty for not
having one has risen.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
------
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Date: 08 Jan 2009 13:03:06
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:47 PM, XaQ Morphy wrote:
> On Jan 8 2009 2:37 PM, charrison100 wrote:
>
> > put your poopcorn down and tell me what they should know upon graduation
> > that you will not have taught them.
>
> College does not teach people how to live and function in society. It
> gives people the potential abilities and knowledge to attempt to obtain
> desired goals and needs.
Agreed that starts long before College. Hell university theory will really
fuck with reality.
>
> Your comments were a bit confusing. On one hand you were saying you
> wanted to pay for your kids' tuitions because you didn't want to cripple
> them with debt. But then you made a comment to Cincy (I think) about how
> sheltered his kids were going to be. The two seem to be differing points
> of view.
I never said pay for in full. I said help them, make them earn part. My
comment to Cinny and you for that matter is that if you have a good job
raising them then they should come out with their head up regardless of
having a debt or not.
>
> All I'm saying is that a bunch of college courses and a degree in whatever
> the fuck isn't going to immediately teach someone how the world works and
> how to survive in it. You can obtain all of the "book smarts" as anyone
> in college but won't really understand how things work without "street
> smarts" which can only be gained by real world experience.
Agreed, Parents can teach this too. How many students graduate with a
maxed out Credit card because no one ever told them the work and how much
they can screw up your future. I was handed credit cards with my student
loans and had to figure out on my own that minimum payments benefit the
bank more then they benefit you. that's something then can easily be
taught in five minutes by a parent to a high school kid.
>
> School loans are a part of life for those that attend college. Those who
> really want to go above and beyond will search out scholarships and
> grants. What better way to teach a kid how the world works and
> responsibility, not to mention growing a credit history than to start
> paying off student loans? The loan companies don't expect that money back
> in 90 days or even a year, so it's not like they have to find a job and
> put every cent they own towards the loan.
But do they have to be a part of life? Yes they should be looking for
scholarships and grants as well.
Credit histories can start at 18 with out loans.
>
> ---
> Morphy
> xaqmorphy@donkeymanifesto.com
> http://www.donkeymanifesto.com
> "SHUT UP IDIOT" --The Great Patholio
Chris
----
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Date: 08 Jan 2009 13:10:47
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 3:03 PM, charrison100 wrote:
> they can screw up your future. I was handed credit cards with my student
> loans and had to figure out on my own that minimum payments benefit the
> bank more then they benefit you. that's something then can easily be
> taught in five minutes by a parent to a high school kid.
Agreed with most everything except this. Told does not = taught. You can
tell a kid anything you want but it's up to them to decide if they are
going to learn or not. Yes parenting has a huge amount to do with this,
but if the kid doesn't learn on their own how things work there's no
amount of telling a parent can do to set things right.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 11 Jan 2009 06:25:05
From: Beldin the Sorcerer
Subject: Re: Building wealth
|
"XaQ Morphy" <a1c5905@webnntp.invalid > wrote in message
news:nn6i36x5lm.ln2@recgroups.com...
> On Jan 8 2009 3:03 PM, charrison100 wrote:
>
>> they can screw up your future. I was handed credit cards with my student
>> loans and had to figure out on my own that minimum payments benefit the
>> bank more then they benefit you. that's something then can easily be
>> taught in five minutes by a parent to a high school kid.
>
> Agreed with most everything except this. Told does not = taught. You can
> tell a kid anything you want but it's up to them to decide if they are
> going to learn or not. Yes parenting has a huge amount to do with this,
> but if the kid doesn't learn on their own how things work there's no
> amount of telling a parent can do to set things right.
You can show them the math.
Hell, you can show compound interest on a spreadsheet quite easily.
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Date: 08 Jan 2009 13:14:48
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 4:10 PM, XaQ Morphy wrote:
> On Jan 8 2009 3:03 PM, charrison100 wrote:
>
> > they can screw up your future. I was handed credit cards with my student
> > loans and had to figure out on my own that minimum payments benefit the
> > bank more then they benefit you. that's something then can easily be
> > taught in five minutes by a parent to a high school kid.
>
> Agreed with most everything except this. Told does not = taught. You can
> tell a kid anything you want but it's up to them to decide if they are
> going to learn or not. Yes parenting has a huge amount to do with this,
> but if the kid doesn't learn on their own how things work there's no
> amount of telling a parent can do to set things right.
>
> ---
> Morphy
> xaqmorphy@donkeymanifesto.com
> http://www.donkeymanifesto.com
> "SHUT UP IDIOT" --The Great Patholio
I agree that kids, teenagers especially are hard to get through too. They
think they know it all and they are always right, kind of like some
posters here.
If telling is not getting through to them then are there not other ways to
teach them?
Chris
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Date: 08 Jan 2009 13:17:50
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 3:14 PM, charrison100 wrote:
> If telling is not getting through to them then are there not other ways to
> teach them?
Reality is a pretty good teacher.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 08 Jan 2009 13:19:35
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 4:17 PM, XaQ Morphy wrote:
> On Jan 8 2009 3:14 PM, charrison100 wrote:
>
> > If telling is not getting through to them then are there not other ways to
> > teach them?
>
> Reality is a pretty good teacher.
>
> ---
> Morphy
> xaqmorphy@donkeymanifesto.com
> http://www.donkeymanifesto.com
> "SHUT UP IDIOT" --The Great Patholio
But is it the best?
Chris
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Date: 08 Jan 2009 13:21:51
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 8 2009 3:19 PM, charrison100 wrote:
> But is it the best?
It will always be there no matter what. I guess that's a big part of my
point. Someone can learn from every possible teacher but reality is
always going to be there to smack them in the face.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
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Date: 08 Jan 2009 12:36:47
From: John_Brian_K
Subject: Re: Building wealth
|
> > They should know how the world works before they graduate college.
>
> uhh, lol.
You have to admit Chris this statement sounds pretty damn dumb!
lol
========================================
You must not think me necessarily foolish because I am facetious,
nor will I consider you necessarily wise because you are grave.
========
BOOM byae
John
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Date: 08 Jan 2009 12:39:11
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:36 PM, John_Brian_K wrote:
> > > They should know how the world works before they graduate college.
> >
> > uhh, lol.
>
> You have to admit Chris this statement sounds pretty damn dumb!
>
> lol
>
> ========================================
> You must not think me necessarily foolish because I am facetious,
> nor will I consider you necessarily wise because you are grave.
> ========
> BOOM byae
> John
enlighten me? how are they going to graduate blind?
Chris
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Date: 08 Jan 2009 12:28:07
From: CincinnatiKid
Subject: Re: Building wealth
|
On Jan 8 2009 3:25 PM, charrison100 wrote:
> On Jan 8 2009 3:16 PM, XaQ Morphy wrote:
>
> > On Jan 8 2009 2:10 PM, charrison100 wrote:
> >
> > > Why would you hold your kid back from getting an education so that can be
> > > financially successful and if they do graduate have them in debt for a
> > > year's salary or more?
> >
> > So they can learn how the real world works?
> >
> > ---
> > Morphy
> > xaqmorphy@donkeymanifesto.com
> > http://www.donkeymanifesto.com
> > "SHUT UP IDIOT" --The Great Patholio
>
> They should know how the world works before they graduate college.
>
> Chris
LOL! What planet do you live on? I refuse to believe you're this naive.
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Date: 08 Jan 2009 12:34:46
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:28 PM, CincinnatiKid wrote:
> On Jan 8 2009 3:25 PM, charrison100 wrote:
>
> > On Jan 8 2009 3:16 PM, XaQ Morphy wrote:
> >
> > > On Jan 8 2009 2:10 PM, charrison100 wrote:
> > >
> > > > Why would you hold your kid back from getting an education so that can
be
> > > > financially successful and if they do graduate have them in debt for a
> > > > year's salary or more?
> > >
> > > So they can learn how the real world works?
> > >
> > > ---
> > > Morphy
> > > xaqmorphy@donkeymanifesto.com
> > > http://www.donkeymanifesto.com
> > > "SHUT UP IDIOT" --The Great Patholio
> >
> > They should know how the world works before they graduate college.
> >
> > Chris
>
> LOL! What planet do you live on? I refuse to believe you're this naive.
enlighten me. How sheltered are your kids going to be?
Chris
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Date: 08 Jan 2009 12:39:19
From: CincinnatiKid
Subject: Re: Building wealth
|
On Jan 8 2009 3:34 PM, charrison100 wrote:
> On Jan 8 2009 3:28 PM, CincinnatiKid wrote:
>
> > On Jan 8 2009 3:25 PM, charrison100 wrote:
> >
> > > On Jan 8 2009 3:16 PM, XaQ Morphy wrote:
> > >
> > > > On Jan 8 2009 2:10 PM, charrison100 wrote:
> > > >
> > > > > Why would you hold your kid back from getting an education so that
can
> be
> > > > > financially successful and if they do graduate have them in debt for
a
> > > > > year's salary or more?
> > > >
> > > > So they can learn how the real world works?
> > > >
> > > > ---
> > > > Morphy
> > > > xaqmorphy@donkeymanifesto.com
> > > > http://www.donkeymanifesto.com
> > > > "SHUT UP IDIOT" --The Great Patholio
> > >
> > > They should know how the world works before they graduate college.
> > >
> > > Chris
> >
> > LOL! What planet do you live on? I refuse to believe you're this naive.
>
> enlighten me. How sheltered are your kids going to be?
>
> Chris
It's a matter of maturity, Chris. You're somehow trying to connect a free
financial ride to college with a solid head on ones shoulders, a clear
view on how the world works, and a mature outlook on life. How in the fuck
are these 2 things related in any way, shape, form, or fashion? I can't
wait to hear this.
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Date: 08 Jan 2009 14:59:35
From: Kyle T. Jones
Subject: Re: Building wealth
|
CincinnatiKid, my dear, dear friend, there was this time, oh, 1/8/2009
2:39 PM or thereabouts, when you let the following craziness loose on
Usenet:
> On Jan 8 2009 3:34 PM, charrison100 wrote:
>
>> On Jan 8 2009 3:28 PM, CincinnatiKid wrote:
>>
>>> On Jan 8 2009 3:25 PM, charrison100 wrote:
>>>
>>>> On Jan 8 2009 3:16 PM, XaQ Morphy wrote:
>>>>
>>>>> On Jan 8 2009 2:10 PM, charrison100 wrote:
>>>>>
>>>>>> Why would you hold your kid back from getting an education so that
> can
>> be
>>>>>> financially successful and if they do graduate have them in debt for
> a
>>>>>> year's salary or more?
>>>>> So they can learn how the real world works?
>>>>>
>>>>> ---
>>>>> Morphy
>>>>> xaqmorphy@donkeymanifesto.com
>>>>> http://www.donkeymanifesto.com
>>>>> "SHUT UP IDIOT" --The Great Patholio
>>>> They should know how the world works before they graduate college.
>>>>
>>>> Chris
>>> LOL! What planet do you live on? I refuse to believe you're this naive.
>> enlighten me. How sheltered are your kids going to be?
>>
>> Chris
>
> It's a matter of maturity, Chris. You're somehow trying to connect a free
> financial ride to college with a solid head on ones shoulders, a clear
> view on how the world works, and a mature outlook on life. How in the fuck
> are these 2 things related in any way, shape, form, or fashion? I can't
> wait to hear this.
>
I don't think that's entirely fair... or fair at all! He wasn't saying
giving the kid a free ride will build all those things, he was saying
those things can be built even if you put yer kid through school.
It's a subtle difference I guess, but it's kinda an important one!
(also, I apologize to Chris if I'm putting words in his mouth... I
should say: this is what *I* think he's saying!)
Cheers.
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Date: 08 Jan 2009 13:16:09
From: charrison100
Subject: Re: Building wealth
|
On Jan 8 2009 3:59 PM, Kyle T. Jones wrote:
> CincinnatiKid, my dear, dear friend, there was this time, oh, 1/8/2009
> 2:39 PM or thereabouts, when you let the following craziness loose on
> Usenet:
> > On Jan 8 2009 3:34 PM, charrison100 wrote:
> >
> >> On Jan 8 2009 3:28 PM, CincinnatiKid wrote:
> >>
> >>> On Jan 8 2009 3:25 PM, charrison100 wrote:
> >>>
> >>>> On Jan 8 2009 3:16 PM, XaQ Morphy wrote:
> >>>>
> >>>>> On Jan 8 2009 2:10 PM, charrison100 wrote:
> >>>>>
> >>>>>> Why would you hold your kid back from getting an education so that
> > can
> >> be
> >>>>>> financially successful and if they do graduate have them in debt for
> > a
> >>>>>> year's salary or more?
> >>>>> So they can learn how the real world works?
> >>>>>
> >>>>> ---
> >>>>> Morphy
> >>>>> xaqmorphy@donkeymanifesto.com
> >>>>> http://www.donkeymanifesto.com
> >>>>> "SHUT UP IDIOT" --The Great Patholio
> >>>> They should know how the world works before they graduate college.
> >>>>
> >>>> Chris
> >>> LOL! What planet do you live on? I refuse to believe you're this naive.
> >> enlighten me. How sheltered are your kids going to be?
> >>
> >> Chris
> >
> > It's a matter of maturity, Chris. You're somehow trying to connect a free
> > financial ride to college with a solid head on ones shoulders, a clear
> > view on how the world works, and a mature outlook on life. How in the fuck
> > are these 2 things related in any way, shape, form, or fashion? I can't
> > wait to hear this.
> >
>
> I don't think that's entirely fair... or fair at all! He wasn't saying
> giving the kid a free ride will build all those things, he was saying
> those things can be built even if you put yer kid through school.
>
> It's a subtle difference I guess, but it's kinda an important one!
>
> (also, I apologize to Chris if I'm putting words in his mouth... I
> should say: this is what *I* think he's saying!)
>
> Cheers.
No apology necessary, that is my point.
Chris
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Date: 08 Jan 2009 12:54:42
From: charrison100
Subject: Re: Building wealth
|
> It's a matter of maturity, Chris. You're somehow trying to connect a free
> financial ride to college with a solid head on ones shoulders, a clear
> view on how the world works, and a mature outlook on life. How in the fuck
> are these 2 things related in any way, shape, form, or fashion? I can't
> wait to hear this.
So me where I ever said free ride.
Chris
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Date: 08 Jan 2009 11:43:41
From: Paul Popinjay
Subject: Re: Building wealth
|
"charrison100" <a11faea@webnntp.invalid > wrote in message
news:3o1i36xkhl.ln2@recgroups.com...
>
> Is this not a formula for setting your kids up to be behind before they
> start?
>
The best lesson they could learn is how to tough it out and do it
themselves. You want to cripple them.
|
| |
Date: 08 Jan 2009 07:12:45
From: XaQ Morphy
Subject: Re: Building wealth
|
On Jan 7 2009 11:09 PM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
For you? Stop playing poker. Hope this helps.
---
Morphy
xaqmorphy@donkeymanifesto.com
http://www.donkeymanifesto.com
"SHUT UP IDIOT" --The Great Patholio
_______________________________________________________________________
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|
| |
Date: 08 Jan 2009 06:54:26
From:
Subject: Re: Building wealth
|
On Jan 7, 11:09=A0pm, "DonkeyBanAA" <freddiearba...@yahoo.com > wrote:
> ok im 33 - and was woundering what would be the best way to build wealth =
-
> anyone?
>
> -------=A0
> RecGroups : the community-oriented newsreader :www.recgroups.com
Quit playing poker?
|
| |
Date: 08 Jan 2009 06:51:37
From: eldo77
Subject: Re: Building wealth
|
On Jan 8 2009 12:09 AM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
I know I'm going to get laughed at for this but here goes:
Get a copy of Rick Edelman's " The Truth About Money".
No get rich schemes. No pie in the sky. Just good solid advice on how to
handle your money.
Long term.
He has a web site.
eldo77
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Date: 08 Jan 2009 04:20:47
From: Will_gamble
Subject: Re: Building wealth
|
On Jan 7 2009 11:09 PM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
What does wealth mean to you?
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Date: 08 Jan 2009 09:33:28
From: Paul Popinjay
Subject: Re: Building wealth
|
"Will_gamble" <a1794@webnntp.invalid > wrote in message
news:vl7h36xsug.ln2@recgroups.com...
>
> What does wealth mean to you?
>
Go for it, Will. Give him the Dave Ramsey pep talk!
|
| | | |
Date: 08 Jan 2009 13:20:07
From: DonkeyBanAA
Subject: Re: Building wealth
|
I like the dave ramsey show-- good stuff
On Jan 8 2009 11:33 AM, Paul Popinjay wrote:
> "Will_gamble" <a1794@webnntp.invalid> wrote in message
> news:vl7h36xsug.ln2@recgroups.com...
>
> >
> > What does wealth mean to you?
> >
>
>
> Go for it, Will. Give him the Dave Ramsey pep talk!
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Date: 08 Jan 2009 13:35:08
From: Will_gamble
Subject: Re: Building wealth
|
On Jan 8 2009 3:20 PM, DonkeyBanAA wrote:
> I like the dave ramsey show-- good stuff
>
It really is Estaban. Every nickel you pay in interest is money you could
be spending on yourself. Get on cash basis and save.
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Date: 08 Jan 2009 11:06:39
From: Will_gamble
Subject: Re: Building wealth
|
On Jan 8 2009 11:33 AM, Paul Popinjay wrote:
> "Will_gamble" <a1794@webnntp.invalid> wrote in message
> news:vl7h36xsug.ln2@recgroups.com...
>
> >
> > What does wealth mean to you?
> >
>
>
> Go for it, Will. Give him the Dave Ramsey pep talk!
They don't get it Paul.
Very few people ever amass enough cash to burn a wet dog. Sometimes
wealth is nothing more than your stuff paid for and you being set for the
rest of your life even though that may just be 100k in the bank. That is
all most of us can really hope to achieve. Some think everybody can go
flip houses or whatever the latest get rich scheme is and end up filthy
rich. Most rich people are like pro poker players, they all want you to
think they are loaded, but in reality they are busted.
I can tell people how to get to what I think is wealth, but maybe not what
they think wealth is.
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Date: 08 Jan 2009 11:04:23
From: Paul Popinjay
Subject: Re: Building wealth
|
"Will_gamble" <a1794@webnntp.invalid > wrote in message
news:vevh36xo8l.ln2@recgroups.com...
>
> Very few people ever amass enough cash to burn a wet dog.
Uhh, let me guess. Homespun lingo originating somewhere below the
Mason-Dixon Line?
Never heard THAT one before.
|
| | |
Date: 08 Jan 2009 05:13:53
From: Will_gamble
Subject: Re: Building wealth
|
On Jan 8 2009 6:20 AM, Will_gamble wrote:
> On Jan 7 2009 11:09 PM, DonkeyBanAA wrote:
>
> > ok im 33 - and was woundering what would be the best way to build wealth -
> > anyone?
>
> What does wealth mean to you?
It is not what you make but what you spend.
Here is a good example of someone that was wealthy beyond their wildest
dreams.
http://www.usm.edu/pr/oola1.htm
SFW
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Date: 07 Jan 2009 23:00:20
From: ChrisRobin
Subject: Re: Building wealth
|
On Jan 8 2009 12:09 AM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
Get a job?
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| |
Date: 07 Jan 2009 22:05:10
From: Porsche_Dan
Subject: Re: Building wealth
|
On Jan 7 2009 9:09 PM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
Marry it, your only chance. Find some old rich guy and donkey punch him.
_______________________________________________________________________
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Date: 07 Jan 2009 21:17:28
From: risky biz
Subject: Re: Building wealth
|
On Jan 7 2009 10:09 PM, DonkeyBanAA wrote:
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
Murder someone and steal their property. The US Government will then give
you billions upon billions of taxpayer dollars annually. Wear a beany cap.
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Date: 07 Jan 2009 21:21:02
From: Howard Beale
Subject: Re: Building wealth
|
On Jan 7 2009 10:17 PM, risky biz wrote:
> On Jan 7 2009 10:09 PM, DonkeyBanAA wrote:
>
> > ok im 33 - and was woundering what would be the best way to build wealth -
> > anyone?
>
> Murder someone and steal their property. The US Government will then give
> you billions upon billions of taxpayer dollars annually. Wear a beany cap.
Typed 5 replies, scratched them all out. Going w/ wtf?, just plain wtf?
Howard Beale
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| | | |
Date: 07 Jan 2009 23:39:01
From: Neverchop
Subject: Re: Building wealth
|
"Howard Beale" <a1695@webnntp.invalid > wrote in message
news:u2fg36x4oe.ln2@recgroups.com...
> On Jan 7 2009 10:17 PM, risky biz wrote:
> >
> > Murder someone and steal their property. The US Government will then
give
> > you billions upon billions of taxpayer dollars annually. Wear a beany
cap.
>
> Typed 5 replies, scratched them all out. Going w/ wtf?, just plain wtf?
>
risky doesn't like Jews. He's a real piece of shit from Alabama. Filthy
little cocksucker is without doubt a coward too. Big mouth on usenet but you
know he never voice such garbage out in the world. He'd get his ass kicked
daily. You just figuring this out? risky is gay scum.
|
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Date: 08 Jan 2009 03:32:04
From: risky biz
Subject: Re: Building wealth
|
On Jan 7 2009 10:39 PM, Neverchop wrote:
> "Howard Beale" <a1695@webnntp.invalid> wrote in message
> news:u2fg36x4oe.ln2@recgroups.com...
> > On Jan 7 2009 10:17 PM, risky biz wrote:
> > >
> > > Murder someone and steal their property. The US Government will then
> give
> > > you billions upon billions of taxpayer dollars annually. Wear a beany
> cap.
> >
> > Typed 5 replies, scratched them all out. Going w/ wtf?, just plain wtf?
> >
>
> risky doesn't like Jews. He's a real piece of shit from Alabama. Filthy
> little cocksucker is without doubt a coward too. Big mouth on usenet but you
> know he never voice such garbage out in the world. He'd get his ass kicked
> daily. You just figuring this out? risky is gay scum.
Hey, pokertoker/bag of poo, your comments MIGHT annoy me if I didn't know
that almost everyone here has you killfiled, just as I wil soon. Then
you'll have to change your screen name AGAIN. What's "Neverchop"?
Something like #39?
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|
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Date: 08 Jan 2009 12:40:25
From: Lynx
Subject: Re: Building wealth
|
> Hey, pokertoker/bag of poo, your comments MIGHT annoy me if I didn't know
> that almost everyone here has you killfiled
Whether or not they have him killfiled or not doesn't really matter.
Nobody in their right mind would take him seriously. That's why he's
constantly changing his handle. Even a complete stranger has infinitely
more credibility than he does.
Being attacked by him puts you in good company. There would have to be
something seriously wrong with anyone he approves of.
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Date: 08 Jan 2009 19:15:12
From: risky biz
Subject: Re: Building wealth
|
On Jan 8 2009 1:40 PM, Lynx wrote:
> > Hey, pokertoker/bag of poo, your comments MIGHT annoy me if I didn't know
> > that almost everyone here has you killfiled
>
> Whether or not they have him killfiled or not doesn't really matter.
> Nobody in their right mind would take him seriously. That's why he's
> constantly changing his handle. Even a complete stranger has infinitely
> more credibility than he does.
>
> Being attacked by him puts you in good company. There would have to be
> something seriously wrong with anyone he approves of.
He f'n loves Israeli nazism. He's got some kind of sexual thing about
having a scapegoat to murder. If he had been around in 1930's Germany he
would have been in a state of constant sexual excitement over the attempt
to exterminate the Jews.
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Date: 08 Jan 2009 19:36:50
From: Paul Popinjay
Subject: Re: Building wealth
|
"risky biz" <risky-biz@sbcglobal.net > wrote in message
news:03si36xtfp.ln2@recgroups.com...
If he had been around in 1930's Germany he
> would have been in a state of constant sexual excitement over the attempt
> to exterminate the Jews.
>
This from a guy who wants to see them exterminated in 2009.
I'm getting tired of your shit. Now where did I put that Killfile Manual?
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Date: 09 Jan 2009 19:21:34
From: risky biz
Subject: Re: Building wealth
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On Jan 8 2009 8:36 PM, Paul Popinjay wrote:
> "risky biz" <risky-biz@sbcglobal.net> wrote in message
> news:03si36xtfp.ln2@recgroups.com...
>
> If he had been around in 1930's Germany he
> > would have been in a state of constant sexual excitement over the attempt
> > to exterminate the Jews.
> >
>
> This from a guy who wants to see them exterminated in 2009.
>
> I'm getting tired of your shit. Now where did I put that Killfile Manual?
Did you check in the oven?
_____________________________________________________________________
looking for a better newsgroup-reader? - www.recgroups.com
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Date: 07 Jan 2009 21:08:23
From: BillB
Subject: Re: Building wealth
|
"DonkeyBanAA" <freddiearballo@yahoo.com > wrote in message
news:edeg36xole.ln2@recgroups.com...
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
Get a fucking job.
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Date: 08 Jan 2009 06:13:45
From: FellKnight
Subject: Re: Building wealth
|
On Jan 8 2009 12:08 AM, BillB wrote:
> "DonkeyBanAA" <freddiearballo@yahoo.com> wrote in message
> news:edeg36xole.ln2@recgroups.com...
>
> > ok im 33 - and was woundering what would be the best way to build wealth -
> > anyone?
>
> Get a fucking job.
Wow. First the other day you defended Sarah Palin and now this. I shall
note 2009 as the year in which BillB transitions from liberal to centrist
or conservative values.
Fell
--
Be Loud. Be Proud. Be Considerate!
------
: the next generation of web-newsreaders : http://www.recgroups.com
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Date: 07 Jan 2009 21:05:19
From: Clave
Subject: Re: Building wealth
|
"DonkeyBanAA" <freddiearballo@yahoo.com > wrote in message
news:edeg36xole.ln2@recgroups.com...
> ok im 33 - and was woundering what would be the best way to build wealth -
> anyone?
First, get a million dollars.
Jim
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Date: 09 Jan 2009 01:38:37
From: Pepe Papon
Subject: Re: Building wealth
|
On Wed, 7 Jan 2009 21:05:19 -0800, "Clave"
<ClaviusNoSpamDammit@cablespeed.com > wrote:
>"DonkeyBanAA" <freddiearballo@yahoo.com> wrote in message
>news:edeg36xole.ln2@recgroups.com...
>> ok im 33 - and was woundering what would be the best way to build wealth -
>> anyone?
>
>First, get a million dollars.
>
>Jim
Then, don't pay any taxes.
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Date: 09 Jan 2009 01:48:53
From: Clave
Subject: Re: Building wealth
|
"Pepe Papon" <hitmeister@mindspring.dot.com.invalid > wrote in message
news:do6em4d6lgtgs2i3hpmjumi4lne31bdqtu@4ax.com...
> On Wed, 7 Jan 2009 21:05:19 -0800, "Clave"
> <ClaviusNoSpamDammit@cablespeed.com> wrote:
>
>>"DonkeyBanAA" <freddiearballo@yahoo.com> wrote in message
>>news:edeg36xole.ln2@recgroups.com...
>>> ok im 33 - and was woundering what would be the best way to build
>>> wealth -
>>> anyone?
>>
>>First, get a million dollars.
>>
>>Jim
>
> Then, don't pay any taxes.
1st Lt. Milo Minderbinder:
Nately died a wealthy man, Yossarian. He had over
sixty shares in the syndicate.
Yossarian:
What difference does that make? He's dead.
1st Lt. Milo Minderbinder:
Then his family will get it.
Yossarian:
He didn't have time to have a family.
1st Lt. Milo Minderbinder:
Then his parents will get it.
Yossarian:
They don't need it, they're rich.
1st Lt. Milo Minderbinder:
Then they'll understand.
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Date: 09 Jan 2009 02:31:06
From: Pepe Papon
Subject: Re: Building wealth
|
On Fri, 9 Jan 2009 01:48:53 -0800, "Clave"
<ClaviusNoSpamDammit@cablespeed.com > wrote:
>"Pepe Papon" <hitmeister@mindspring.dot.com.invalid> wrote in message
>news:do6em4d6lgtgs2i3hpmjumi4lne31bdqtu@4ax.com...
>> On Wed, 7 Jan 2009 21:05:19 -0800, "Clave"
>> <ClaviusNoSpamDammit@cablespeed.com> wrote:
>>
>>>"DonkeyBanAA" <freddiearballo@yahoo.com> wrote in message
>>>news:edeg36xole.ln2@recgroups.com...
>>>> ok im 33 - and was woundering what would be the best way to build
>>>> wealth -
>>>> anyone?
>>>
>>>First, get a million dollars.
>>>
>>>Jim
>>
>> Then, don't pay any taxes.
>
>
> 1st Lt. Milo Minderbinder:
>
> Nately died a wealthy man, Yossarian. He had over
> sixty shares in the syndicate.
>
>
> Yossarian:
>
> What difference does that make? He's dead.
>
>
> 1st Lt. Milo Minderbinder:
>
> Then his family will get it.
>
>
> Yossarian:
>
> He didn't have time to have a family.
>
>
> 1st Lt. Milo Minderbinder:
>
> Then his parents will get it.
>
>
> Yossarian:
>
> They don't need it, they're rich.
>
>
> 1st Lt. Milo Minderbinder:
>
> Then they'll understand.
>
It's been years since I've read that. One of my top 3 favorite books
of all time. Could be time for another re-read.
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