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by ooby_dooby
created Aug 2020
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Last Viewed: Apr 20
Last Commented: Nov 2021
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Comments (21)
Quite a few years ago the rumors were that our currency was going to be just Eurps and Ameros.
I even saw the prototypes for these.After that several other events caught my attention that seemed to be steering us in that direction: Brexit and the proposed pipeline.Some other events closer to home included a friend who's son was an international banker and he was sent tfrom Texas to Canada to learn the new currency exchanges and the internet conversions.
Lately there has been a lot of talk about cryptocurrencies and hedge funds as well as business contracts that can not be valid after an emergency closure occurs.( Covid) They do not file bankruptcy but also are not responsible for the terms of the service contract.(no breach).
Does this all make stocks more or less risky?
( Bush/Cheney) His last term.
I used to buy & sell a lot of biomedical stocks and tech stocks and did well.
However, in the past decade I have just let it ride for the most part on
small cap mutual funds and have done OK effortlessly.
If Trump gets re-elected (hopefully not), I am researching in advance various guaranteed funds, as I would expect a lot more volatility due to his inept leadership, as we have already seen during the last 3 years. If he's elected, I am making a sizable shift into a more guaranteed situation.
I just hope the country can survive 4 more years of that corrupt lying idiot.
There was a co on the brochure located in PA that catered to these people fleeing the city. It was a REIT Real Estate Investment Trust. Of course I had no idea what exactly they did but I felt it would be very clever to invest in a co which was in front of the wave of humanity seeking the country life. Kind of jump over the wave and wait or them to come to me so to speak. So, I went all in. I put my life saving into this Co's stock. I subscribed to the WSJ and every night I would check the closing price of my investment. I even got some graph paper and created a graph of the results with a ruler and pencil. No internet at that time. Well, the line on my graph went from the upper left to the lower right. Not what I was expecting or more accurately, hoping for. By the time my nest egg lost about 75% of its value I couldn't take any more and dumped it. My $1200 was now worth $300.
Open your own trading account with a bank (possibly Fidelity).
You only need possibly five (Possibly Vanguard or Blackrock).
1. Stay with the biggest players with the lowest fees.
2. S&P 500 fund
3. World Stock Fund
4. S&P Technology fund
5. Short term Treasuries
6. Gold (not the gold miners)
7. Cash
But you need time....minimum 5 - 10 years. If you don't have this sort of time to invest
stay away from stocks.
You're welcome.
See, this is exactly the kind of stuff I'm talking about.
Update on Global Reset
Chromite turns to ferrochrome. Ferochrome to Stainless Steel. The company I am in has solved the transportation issue and has a revolutionary process for refining that has been Patent approved and uses NA Natural Gas and a catylist and other ingredients instead of an electric arc furnace. They are also sitting on the best spot of chromite due to it's minimum 90 million ton chromite deposit at 37% ore but it is located in the same location as a very nice nickel find owned by a different company. BHP(the worlds largest mining company has made an offer to buy the other company. I say goodbuy
So Anyhow the soon to be new Mining district is nicknamed The Ring Of Fire.