How to make more money and retire early??

[fuji]

The premium is going to total about 3% going in and out. If your expectation is, say, the price of gold is going to go up by 50% versus the dollar, that's irrelevant. Most people hold gold as a hedge against a catastrophic currency event.

And yes you can buy 1oz and 10oz quantities of gold from recognized sources, properly stamped and registered.

In any case none of this is "investing", not by the commonly accepted definition of the word, which means to supply capital to a productive enterprise. Buying shares in a gold company is investing. Buying the gold itself is hedging at best, gambling at worst.

 

[Phil C. McNasty]

I think that he has owned several investment condos and was involved it some consortium that built them. And he made money

I dont think he's ever owned anything there, sweetheart.

But thats OK

Keep talking your way into all kinds of fun on this forum

 

[Phil C. McNasty]

The people with real money on this forum will know who's for real, and who's not

 

[FatOne]

Well, you're certainly entitled to your own interpretation, but for that specific sentence her exact wording was simply missing two words ("an investment") which would have made things clearer. And the translation between what we intend in our minds and what goes out on an internet post is easily tripped up.

I'm no white knight and she certainly doesn't need me to defend her (from what I've seen, I think she's got a thicker skin than I).

I was just curious about the parts of your post where you seemed like you wanted her to stop posting.

That seems less than enlightened.

It never occurred to me that you might be white knighting. Simply that I posted, he came up with a non response at odds with typical posting style and you provided a possible explanation which I would assume Loki would take as he couldn't come up with one himself. I assumed your post was an attempt to correct me and not to defend someone else. We cool bro?

Also if I was wrong and your interpretation was correct, dollars to donuts, Loki would have right away posted the correct interpretation as well as a slam. Someone who spends that much time defending the undefendable would not pass up an easy to correct mistake like that. People with lives might.

As for forums, there are many forums where the banhammer would have dropped on loki's creation a long time ago and for very good reasons. I'd think Merb is one of them.
Creating a fictional character, demanding that people accept it is true regardless of how obvious it is to many of us that it isn't and using claimed expert status to dispense medication advice. It isn't really far off from trolling, and I'd suspect that Simon sees in Loki a fellow troll. I could be wrong though, and I disagree if he is correct.
Of course it is too late for Loki to use your defense [and a good one it is] because well he had his chance. Although in terms of bloody singlemindedness, there is an element of troll involved. To the point where one other terbite keeps responding with groundhog day references. Good movie, Andie McDowel was real nice looking, Bill Murray back when he was funny.

 

[FatOne]

Advantage: FatOne

We have had our dust ups in the past, and will do so in the future, but good on you to ignore that past. I might not be a fan, but I believe this is the second time you have compelled me to label you a good egg. A mensch will side with a schmuck if that schmuck happens to be correct in the opinion of the mensch. [In this case, you being the mensch and me being the schmuck.

 

[JamesDouglas]

The people with real money on this forum will know who's for real, and who's not

You mean MrsCALoki million dollar monopoly money is not real?

 

[train]

Pretty much anyone who spends over 30 or 40 hours a week analysing investments, and has basic skills and tools should be able to do it. Have you so little experience in investments to not understand that?

As for your being fucked up in the head, I am too much of a lady to comment.

I think you just underlined the fact that you haven't the slightest idea about investments in addition to medicine. Have a look at the 5 year average returns of funds managed by professional money managers in New York and Toronto who spend way more than 40 hours a week at their craft. Oh , and I still doubt you are actually a lady but you are definitely not shy to pipe up on subjects you lnow nothing about.

 

[mrsCALoki]

The premium is going to total about 3% going in and out. If your expectation is, say, the price of gold is going to go up by 50% versus the dollar, that's irrelevant. Most people hold gold as a hedge against a catastrophic currency event.

And yes you can buy 1oz and 10oz quantities of gold from recognized sources, properly stamped and registered.

In any case none of this is "investing", not by the commonly accepted definition of the word, which means to supply capital to a productive enterprise. Buying shares in a gold company is investing. Buying the gold itself is hedging at best, gambling at worst.

Well thank you for your information. I am a novice at investments since I never had interest till about a year ago.

I wonder why ignorant people say things like:

Investment: the outlay of money usually for income or profit -Webster

OR

Investment: a thing that is worth buying because it may be profitable or useful in the future - Oxford

OR

What is the difference between investing and speculating?
The main difference between speculating and investing is the amount of of risk undertaken in the trade. Typically, high-risk trades that are almost akin to gambling fall under the umbrella of speculation, whereas lower-risk investments based on fundamentals and analysis fall into the category of investing. Investors seek to generate a satisfactory return on their capital by taking on an average or below-average amount of risk. On the other hand, speculators are seeking to make abnormally high returns from bets that can go one way or the other. It should be noted that speculation is not exactly like gambling because speculators do try to make an educated decision on the direction of the trade, but the risk inherent in the trade tends to be significantly above average.

As an example of a speculative trade, consider a volatile junior gold mining company that has an equal chance over the near term of skyrocketing from a new gold mine discovery or going bankrupt. With no news from the company, investors would tend to shy away from such a risky trade, but some speculators may believe that the junior gold mining company is going to strike gold and may buy its stock on a hunch. This would be speculation.

Read more: http://www.investopedia.com/ask/ans...tween-investing-speculating.asp#ixzz27IJPWM6z

I hope you immediately write all these people and let them know you have decided your definition is now the "commonly accepted definition".


the above is a sarcastic comment because I found the original post funny

 

[mrsCALoki]

I think you just underlined the fact that you haven't the slightest idea about investments in addition to medicine. Have a look at the 5 year average returns of funds managed by professional money managers in New York and Toronto who spend way more than 40 hours a week at their craft. Oh , and I still doubt you are actually a lady but you are definitely not shy to pipe up on subjects you lnow nothing about.

Interesting observation. I sort of assumed fund managers by definition were part of the herd and that if you looked at their performance over 10 to 20 years they were all only slightly in front of the indexes. I sort of noticed that many of the ones I was shown and asked to understand had made several investments that had a rate of return well over a 100% when liquidated. But what do I know .

If you insist that funds never have investments that return over 100% I guess you must be right because you have a penis and twice as many heads as I

Maybe you need to be brilliant to make investments that return 100% or more. Maybe you need to be brilliant to diversify your portfolio and have some investments ready for liquidation every year. Maybe people who run with the herd no best.

Fortunately I have a decade or so to learn more before I have to worry about investing the bulk of our family money .

Thank you so much for sharing your insights with me. LOL

 

[LickingGravity]

My goodness you are argumentative. I mean there was really no other point to your last post was there?

 

[mrsCALoki]

Another lie because my response is no longer than your posts.

That or you don't have a retort. Even if you couldn't be bothered to read, I am surprised you don't have some derpy goodness to the damning parts I bolded.

Also as to why your story is unbelievable. You are so happy and content with your life, yet you have nothing better to do then come on here and try to prove your story. Sure you have explanations but they are weak.

hun, I am happy in my life, and I do have free time to play on here. Loki spends a few hours doing research for his hobby (making money) every day. He sleeps after we make love. I typically do not. Often when he is off doing either activity I play on the computer. However when he wakes up, or finishes his internet stuff I tend to just go and enjoy life

 

[train]

My goodness you are argumentative. I mean there was really no other point to your last post was there?

Don't waste your time Licking, in the investment world he/she would be labeled a "short".

 

[mrsCALoki]

My goodness you are argumentative. I mean there was really no other point to your last post was there?

My Father insisted he was always right and I was chastised if I had an opinion.

When I worked in the family business I had old uninformed fools telling me things that I had to agree with to keep them as customers.

When I was in school I had annoying dirty old men who wanted to "help me" pass my boards. If I told them to go away and rejected them they decided I was " rude, not a team player, arrogant, and not a good candidate". So I had to listen to their pearls of wisdom and shut up and put up with them.

If I had not gone to a Montessori school I would never have developed the ability to stand up for myself.

In the last 2 years I have been able to safely be argumentative. I even have a man in my life who can handle it and not reject me when I am right and argumentative.

Yes I was being argumentative because I can be , and because people who "know best" even when they are basing their beliefs on air remind me of my Father.

Do you mind terribly?

 

[mrsCALoki]

I dont think he's ever owned anything there, sweetheart.

But thats OK

I am pretty certain he did. I know he lived in a Toronto condo years ago, and it came out one day that he had bought a condo for some SP and the day he was going to give her the papers to sign they went to some Italian restaurant on Young and they had a fight and split up and the papers stayed in his jacket pocket . So he must have owned at least 2.

We went to dinner in Toronto with some people that he has known for decades and they talked about the 'old' days and him investing in some condo buildings that were built in Toronto.

But I refuse to ask him for details. He is not supportive of my time on terb lol

 

[Keebler Elf]

If you're in the top 20 percentile of performers in your line of work, change jobs regularly (not frequently, but regularly, say every 5 years or so). Studies have shown that the best way to maximize your earning potential is to change employers. The bump you'll get from that should outweigh the annual increases you'll get by staying in the same job. A side effect could be your current employer giving you a larger bump than usual to retain you but be careful because usually this only happens once as your employer will resent having to keep bumping you to retain your services (that said, if you don't care and are willing to go, it may be worth staying until the retention bumps stop).

My first bump into the professional work force had a 40% pay increase and my second bump to change employers had a 25% pay increase. And now it's time for another jump.

Like all negotiations, whoever is more willing to walk away from the table has the advantage.

Caution: Be honest with yourself about your capabilities. Far more than 20% of the work force think that they are actually in that upper 20th percentile when in reality they are not.

Final note: If you're working your way up the corporate ladder, it may be in your best interests to stick with the same employer (at least so long as you continue to progress rapidly). The problem creeps in when your progression starts to slow and/or stop as you reach your "ceiling." That's when it's time to change employers. In a corporate environment, you should embrace the "up or out" concept.

Final final note: All of the above is based on trying to maximize your earnings. You may have other interests that outweigh your wages (e.g., benefit plan, pension, work location, etc.). But if wages are your primary interest, then see above.

 

[mrsCALoki]

If you're in the top 20 percentile of performers in your line of work, change jobs regularly (not frequently, but regularly, say every 5 years or so). Studies have shown that the best way to maximize your earning potential is to change employers. The bump you'll get from that should outweigh the annual increases you'll get by staying in the same job. A side effect could be your current employer giving you a larger bump than usual to retain you but be careful because usually this only happens once as your employer will resent having to keep bumping you to retain your services (that said, if you don't care and are willing to go, it may be worth staying).

My first bump into the professional work force had a 40% pay increase and my second bump to change employers had a 25% pay increase. And now it's time for another jump.

Like all negotiations, whoever is more willing to walk away from the table has the advantage.

Caution: Be honest with yourself about your capabilities. Far more than 20% of the work force think that they are actually in that upper 20th percentile when in reality they are not.

+1 I did not mention you had to be in the top percentiles for this to work in an earlier post, and that is critical. By definition average is mediocre and cannot use this strategy.

 

[great bear]

+1 I did not mention you had to be in the top percentiles for this to work in an earlier post, and that is critical. By definition average is mediocre and cannot use this strategy.

Can you imagine living in close quarters on a boat with this person??

 

[greathotdogz]

Can you imagine living in close quarters on a boat with this person??

It would be Pier pressure

 

[great bear]

It would be Pier pressure

Buoy oh Buoy are you correct.

 

[greathotdogz]

Buoy oh Buoy are you correct.

I don't think they are playing with a full deck