43 years ago, i started work at $2.10 an hour, when i finally retired my wages were over $115,000 an hour plus benefits. Prog slaves wont learn.

[Mikeoxenormous]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

Not everyone can take risks, particularly if they have a family to support. I too have done very well financially. I only wish today, I had spent more time with my family and less time chasing the almighty dollar. In the long run, it's not how much money you accumulated in your life but rather what you actually did with your life that made a difference in the lives of others.

I had a family to support and that was the major reason to have some risks. Do you think the pioneers who went out west with their families did it so they could be safe and secure, hell no, they took the risk in finding a better life...some didnt, but many did..

Risk is for those that can afford it. Failing to provide for your family's immediate needs in order to take the risks needed to accumulate a fortune is not a good idea if you truly care for your family. First you provide for the families immediate needs, a home, food, clothing, healthcare, dental care. life insurance, and misc. needs of the family. Then a safety net when the bad times hit, then retirement, college education for the kids, and if anything remains, investing for the future of the family. Today 41% of American families are not able to cover a $1,000 emergency and certainly can't afford to risk what little funds they have in the market.

Again, it was providing for the family that i took the risk to leave the United States and go into a Muslim country so i could give them a better life once i got back. I mean we went over there just to do a two year tour, and when it was found out, it wasnt as bad as i thought, we stay 5 1/2 years until the camel jockeys blew up the Khobar Towers killing young kids while they slept. You can thank Bill Clinton on that one...

I was addressing investing in the stock market. Taking a high risk job overseas to provide for your family is a different ballgame.

I have been investing since 1987 and i was newly married and a son on the way. I put as much money into HD stock which was 10 percent of my minimum wages per year, my wife was a nervous Nelly just like you, and said "what if the stock drops", in which i replied, i will buy more stocks when it is lower. Today, with all my investing i have over 35,000 shares of HD. There is still money out there to be made, it isnt FINITE, but in a capitalist society where the market is free, the wealth that is created is enormous. Those that sit on the sideline bitching and moaning how life isnt fair, so want the government to steal from me so the government can give it to those not deserving of it, really pissing me off.

View attachment 488727

Although hindsight is perfect, picking a winner over a 40 or 50 year period is not that easy. Take a look at some top picks in the 60's and 70's, companies like Polaroid, who declared bankruptcy in 2001, Xerox whose return on investment is less that treasury bonds, and IBM a sure winner in the 1970's whose return has been about 2 percentage points lower than the S&P 500. And then there was K-Mart who went from Blue Light Specials to bankruptcy. You were lucky with Home Depot. Seeking high risk is not the key to investment success, minimizing risk while maximizing returns is.

The difference between you and me, is that i study what i am investing in, instead of just looking for the get rich quick Crypto phase. I want to know what the business plans are, where their growth is coming from, what they are doing to keep the customers happy. It isnt hard to do this, just takes about one hour a day, but to most uneducated people, all this stuff, is just way over their head, which is why they never invest, but bitch and moan that they have to live paycheck to paycheck. I got my degree in the school of life, i am living it to the fullest.

 

[Orangecat]

WOW! It must have taken you two hours to compose this post.

Nope, about 2 minutes. We aren't all as slow as you are, kid.

 

[whitehall]

History? That's your history. Try general discussion.

 

[Dadoalex]

WOW! It must have taken you two hours to compose this post.

Nope, about 2 minutes. We aren't all as slow as you are, kid.

I guess not.
But you're still stupid as a sack of pig crap.
And smelling just as nice, I'm sure.

 

[Orangecat]

I guess not.
But you're still stupid as a sack of pig crap.
And smelling just as nice, I'm sure.

Lol. Another triggered asshole loses his shit^^^

 

[Missourian]

Given the hours, physical toll, and time away from home there's no way I'd do long distance driving for less than 6 figures plus expenses.

Most truck drivers make six figures after five years... plus insurance...and can deduct per diem if they itemize their taxes....I believe it's still $66 per day.

EDIT - ok...that's not true.

50 cpm x 3000 miles per week x 50 weeks is $75,000 gross + two weeks paid vacation is 3k.

Now figure that as an hourly wage at 90 hours/week (5x16)
I know they're not "working" during all that time but they're not home either.

Let's divide by 70 instead. That's the maximum work week (70 hr in 8 days). Figure $250 a week in benefits...that's $1750 divided by 70 equals $25 an hour.

Yeah...that's not enough...

No wonder so many crappy drivers out there.

Been a long time since I figured company drivers wages.

And that's a smart driver with a good driving record and at least five years experience. I know a lot of these new guys are making 32 cpm or less.

When you figure I started my first trucking job in 1999 at 28 cpm...well...that kind of speaks for itself.

 

[justinacolmena]

I have invested in a few shares of stock from time to time. Sometimes I wonder if the very idea of a "corporation" is a form of slavery that ought not to exist in the United States.

Stocks do grow, start paying dividends over time, but I'm not a labor union lifer in that particular industry like you are.

Striking union levels spying charges against Raytheon

The International Association of Machinists and Aerospace Workers (IAM) is charging Raytheon Missile Systems in Tucson, Ariz., with spying on union officials and illegally threatening employees during...

www.reliableplant.com

There's something called "LINX" -- Law Enforcement Information Interchange -- launched by, or rather for the Navy, on a contract basis probably by Raytheon in conjunction with some of the other companies you've mentioned.

They've gone out of their way with military-grade gossip, slander, and libel to ruin my civilian non-military gun-owning life many times over.

Thank you for your service and all that, but to be polite about it, with all due respect, ditch the M.I.C. stocks, dude. That sector is overdue to be nationalized or taken private.

 

[Slyhunter]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

I worked my ass off in jobs that would pay me, my story is as long as yours but Army. I won't go into the details. Saved up enough to invest in Kmart after they went bankrupt the first time sold a month later with 600% profit. invested in stock options for Sirius radio waiting for them to merge into XM. Had they merged on time I would've made a huge profit on the options. But the FTC refused to vote on the deal for months, long enough where I lost everything, that and a divorce cost me a bit. Now I'm broke

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

Not everyone can take risks, particularly if they have a family to support. I too have done very well financially. I only wish today, I had spent more time with my family and less time chasing the almighty dollar. In the long run, it's not how much money you accumulated in your life but rather what you actually did with your life that made a difference in the lives of others.

I had a family to support and that was the major reason to have some risks. Do you think the pioneers who went out west with their families did it so they could be safe and secure, hell no, they took the risk in finding a better life...some didnt, but many did..

Risk is for those that can afford it. Failing to provide for your family's immediate needs in order to take the risks needed to accumulate a fortune is not a good idea if you truly care for your family. First you provide for the families immediate needs, a home, food, clothing, healthcare, dental care. life insurance, and misc. needs of the family. Then a safety net when the bad times hit, then retirement, college education for the kids, and if anything remains, investing for the future of the family. Today 41% of American families are not able to cover a $1,000 emergency and certainly can't afford to risk what little funds they have in the market.

Given the hours, physical toll, and time away from home there's no way I'd do long distance driving for less than 6 figures plus expenses.

Most truck drivers make six figures after five years... plus insurance...and can deduct per diem if they itemize their taxes....I believe it's still $66 per day.

EDIT - ok...that's not true.

50 cpm x 3000 miles per week x 50 weeks is $75,000 gross + two weeks paid vacation is 3k.

Now figure that as an hourly wage at 90 hours/week (5x16)
I know they're not "working" during all that time but they're not home either.

Let's divide by 70 instead. That's the maximum work week (70 hr in 8 days). Figure $250 a week in benefits...that's $1750 divided by 70 equals $25 an hour.

Yeah...that's not enough...

No wonder so many crappy drivers out there.

Been a long time since I figured company drivers wages.

And that's a smart driver with a good driving record and at least five years experience. I know a lot of these new guys are making 32 cpm or less.

When you figure I started my first trucking job in 1999 at 28 cpm...well...that kind of speaks for itself.

Since when is a week 8 days?

 

[Missourian]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

I worked my ass off in jobs that would pay me, my story is as long as yours but Army. I won't go into the details. Saved up enough to invest in Kmart after they went bankrupt the first time sold a month later with 600% profit. invested in stock options for Sirius radio waiting for them to merge into XM. Had they merged on time I would've made a huge profit on the options. But the FTC refused to vote on the deal for months, long enough where I lost everything, that and a divorce cost me a bit. Now I'm broke

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

Not everyone can take risks, particularly if they have a family to support. I too have done very well financially. I only wish today, I had spent more time with my family and less time chasing the almighty dollar. In the long run, it's not how much money you accumulated in your life but rather what you actually did with your life that made a difference in the lives of others.

I had a family to support and that was the major reason to have some risks. Do you think the pioneers who went out west with their families did it so they could be safe and secure, hell no, they took the risk in finding a better life...some didnt, but many did..

Risk is for those that can afford it. Failing to provide for your family's immediate needs in order to take the risks needed to accumulate a fortune is not a good idea if you truly care for your family. First you provide for the families immediate needs, a home, food, clothing, healthcare, dental care. life insurance, and misc. needs of the family. Then a safety net when the bad times hit, then retirement, college education for the kids, and if anything remains, investing for the future of the family. Today 41% of American families are not able to cover a $1,000 emergency and certainly can't afford to risk what little funds they have in the market.

Given the hours, physical toll, and time away from home there's no way I'd do long distance driving for less than 6 figures plus expenses.

Most truck drivers make six figures after five years... plus insurance...and can deduct per diem if they itemize their taxes....I believe it's still $66 per day.

EDIT - ok...that's not true.

50 cpm x 3000 miles per week x 50 weeks is $75,000 gross + two weeks paid vacation is 3k.

Now figure that as an hourly wage at 90 hours/week (5x16)
I know they're not "working" during all that time but they're not home either.

Let's divide by 70 instead. That's the maximum work week (70 hr in 8 days). Figure $250 a week in benefits...that's $1750 divided by 70 equals $25 an hour.

Yeah...that's not enough...

No wonder so many crappy drivers out there.

Been a long time since I figured company drivers wages.

And that's a smart driver with a good driving record and at least five years experience. I know a lot of these new guys are making 32 cpm or less.

When you figure I started my first trucking job in 1999 at 28 cpm...well...that kind of speaks for itself.

Since when is a week 8 days?

That's the way the FMCSA made the rules...10 hrs a day for seven days and your week is done.

 

[justinacolmena]

school

petitioning the government to be your nanny

trillions being pumped into the markets

From the tender age of ten I have been making money and never made minimum wage no matter what age...

It's time to stop jacking off at your computer screens, fellows.

 

[pknopp]

school

petitioning the government to be your nanny

trillions being pumped into the markets

From the tender age of ten I have been making money and never made minimum wage no matter what age...

It's time to stop jacking off at your computer screens, fellows.

You first.

 

[Orangecat]

It's time to stop jacking off at your computer screens, fellows.

That's where the free porn is, though. lol

 

[justinacolmena]

It's time to stop jacking off at your computer screens, fellows.

That's where the free porn is, though. lol

Nothing is free in this life, buttfuckers.

 

[Mikeoxenormous]

It's time to stop jacking off at your computer screens, fellows.

That's where the free porn is, though. lol

Nothing is free in this life, buttfuckers.

That is very interesting since the prog slaves all want free college, free healthcare, free other shit....Free.Free.Free. Maybe you need to call up Uncle Joe the groper and tell him to stop the free stuff talk.

 

[Orangecat]

That's where the free porn is, though. lol

Nothing is free in this life, buttfuckers.

Sorry, kid, not my thing. I prefer vaginas. Better luck elsewhere.

 

[Slyhunter]

It's time to stop jacking off at your computer screens, fellows.

That's where the free porn is, though. lol

Nothing is free in this life, buttfuckers.

Except porn.

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[Flopper]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

Not everyone can take risks, particularly if they have a family to support. I too have done very well financially. I only wish today, I had spent more time with my family and less time chasing the almighty dollar. In the long run, it's not how much money you accumulated in your life but rather what you actually did with your life that made a difference in the lives of others.

I had a family to support and that was the major reason to have some risks. Do you think the pioneers who went out west with their families did it so they could be safe and secure, hell no, they took the risk in finding a better life...some didnt, but many did..

Risk is for those that can afford it. Failing to provide for your family's immediate needs in order to take the risks needed to accumulate a fortune is not a good idea if you truly care for your family. First you provide for the families immediate needs, a home, food, clothing, healthcare, dental care. life insurance, and misc. needs of the family. Then a safety net when the bad times hit, then retirement, college education for the kids, and if anything remains, investing for the future of the family. Today 41% of American families are not able to cover a $1,000 emergency and certainly can't afford to risk what little funds they have in the market.

Again, it was providing for the family that i took the risk to leave the United States and go into a Muslim country so i could give them a better life once i got back. I mean we went over there just to do a two year tour, and when it was found out, it wasnt as bad as i thought, we stay 5 1/2 years until the camel jockeys blew up the Khobar Towers killing young kids while they slept. You can thank Bill Clinton on that one...

I was addressing investing in the stock market. Taking a high risk job overseas to provide for your family is a different ballgame.

I have been investing since 1987 and i was newly married and a son on the way. I put as much money into HD stock which was 10 percent of my minimum wages per year, my wife was a nervous Nelly just like you, and said "what if the stock drops", in which i replied, i will buy more stocks when it is lower. Today, with all my investing i have over 35,000 shares of HD. There is still money out there to be made, it isnt FINITE, but in a capitalist society where the market is free, the wealth that is created is enormous. Those that sit on the sideline bitching and moaning how life isnt fair, so want the government to steal from me so the government can give it to those not deserving of it, really pissing me off.

View attachment 488727

Although hindsight is perfect, picking a winner over a 40 or 50 year period is not that easy. Take a look at some top picks in the 60's and 70's, companies like Polaroid, who declared bankruptcy in 2001, Xerox whose return on investment is less that treasury bonds, and IBM a sure winner in the 1970's whose return has been about 2 percentage points lower than the S&P 500. And then there was K-Mart who went from Blue Light Specials to bankruptcy. You were lucky with Home Depot. Seeking high risk is not the key to investment success, minimizing risk while maximizing returns is.

The difference between you and me, is that i study what i am investing in, instead of just looking for the get rich quick Crypto phase. I want to know what the business plans are, where their growth is coming from, what they are doing to keep the customers happy. It isnt hard to do this, just takes about one hour a day, but to most uneducated people, all this stuff, is just way over their head, which is why they never invest, but bitch and moan that they have to live paycheck to paycheck. I got my degree in the school of life, i am living it to the fullest.

My investment philosophy for over 50 years has always been to purchase investments with below average risks (below average beta within category), and above average returns. I rarely sell anything unless there is a fundamental change in the company. Typically my portfolio rarely exceed 10 to 15 stocks. I have always tried to diversify. After age 50 I started adding bonds primarily municipals to avoid taxes. Today my portfolio is about 50% bonds, 45% stocks, and the rest is in real estate. Where my goal previously was capital appreciation it is now income and preservation of capital.

There are many ways to make money in the market. There is no one right way, it all depends on the investor's goals, risk tolerance, knowledge, and capital.

I have never been fond of making large investments in the company stock unless it was discounted or I was in a position to fairly evaluate it's worth.

 

[Mikeoxenormous]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

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Not everyone can take risks, particularly if they have a family to support. I too have done very well financially. I only wish today, I had spent more time with my family and less time chasing the almighty dollar. In the long run, it's not how much money you accumulated in your life but rather what you actually did with your life that made a difference in the lives of others.

I had a family to support and that was the major reason to have some risks. Do you think the pioneers who went out west with their families did it so they could be safe and secure, hell no, they took the risk in finding a better life...some didnt, but many did..

Risk is for those that can afford it. Failing to provide for your family's immediate needs in order to take the risks needed to accumulate a fortune is not a good idea if you truly care for your family. First you provide for the families immediate needs, a home, food, clothing, healthcare, dental care. life insurance, and misc. needs of the family. Then a safety net when the bad times hit, then retirement, college education for the kids, and if anything remains, investing for the future of the family. Today 41% of American families are not able to cover a $1,000 emergency and certainly can't afford to risk what little funds they have in the market.

Again, it was providing for the family that i took the risk to leave the United States and go into a Muslim country so i could give them a better life once i got back. I mean we went over there just to do a two year tour, and when it was found out, it wasnt as bad as i thought, we stay 5 1/2 years until the camel jockeys blew up the Khobar Towers killing young kids while they slept. You can thank Bill Clinton on that one...

I was addressing investing in the stock market. Taking a high risk job overseas to provide for your family is a different ballgame.

I have been investing since 1987 and i was newly married and a son on the way. I put as much money into HD stock which was 10 percent of my minimum wages per year, my wife was a nervous Nelly just like you, and said "what if the stock drops", in which i replied, i will buy more stocks when it is lower. Today, with all my investing i have over 35,000 shares of HD. There is still money out there to be made, it isnt FINITE, but in a capitalist society where the market is free, the wealth that is created is enormous. Those that sit on the sideline bitching and moaning how life isnt fair, so want the government to steal from me so the government can give it to those not deserving of it, really pissing me off.

View attachment 488727

Although hindsight is perfect, picking a winner over a 40 or 50 year period is not that easy. Take a look at some top picks in the 60's and 70's, companies like Polaroid, who declared bankruptcy in 2001, Xerox whose return on investment is less that treasury bonds, and IBM a sure winner in the 1970's whose return has been about 2 percentage points lower than the S&P 500. And then there was K-Mart who went from Blue Light Specials to bankruptcy. You were lucky with Home Depot. Seeking high risk is not the key to investment success, minimizing risk while maximizing returns is.

The difference between you and me, is that i study what i am investing in, instead of just looking for the get rich quick Crypto phase. I want to know what the business plans are, where their growth is coming from, what they are doing to keep the customers happy. It isnt hard to do this, just takes about one hour a day, but to most uneducated people, all this stuff, is just way over their head, which is why they never invest, but bitch and moan that they have to live paycheck to paycheck. I got my degree in the school of life, i am living it to the fullest.

My investment philosophy for over 50 years has always been to purchase investments with below average risks (below average beta within category), and above average returns. I rarely sell anything unless there is a fundamental change in the company. Typically my portfolio rarely exceed 10 to 15 stocks. I have always tried to diversify. After age 50 I started adding bonds primarily municipals to avoid taxes. Today my portfolio is about 50% bonds, 45% stocks, and the rest is in real estate. Where my goal previously was capital appreciation it is now income and preservation of capital.

There are many ways to make money in the market. There is no one right way, it all depends on the investor's goals, risk tolerance, knowledge, and capital.

I have never been fond of making large investments in the company stock unless it was discounted or I was in a position to fairly evaluate it's worth.

I commend you on your success for being a smart investor. I do have other assets to cover any shortcomings but i dont put all my eggs in one basket either, i have a few other stocks that i own that do pay out. I have energy stocks, transportation stocks, pharma stocks, retail and even stocks for CBD.

 

[Flopper]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

Not everyone can take risks, particularly if they have a family to support. I too have done very well financially. I only wish today, I had spent more time with my family and less time chasing the almighty dollar. In the long run, it's not how much money you accumulated in your life but rather what you actually did with your life that made a difference in the lives of others.

I had a family to support and that was the major reason to have some risks. Do you think the pioneers who went out west with their families did it so they could be safe and secure, hell no, they took the risk in finding a better life...some didnt, but many did..

Risk is for those that can afford it. Failing to provide for your family's immediate needs in order to take the risks needed to accumulate a fortune is not a good idea if you truly care for your family. First you provide for the families immediate needs, a home, food, clothing, healthcare, dental care. life insurance, and misc. needs of the family. Then a safety net when the bad times hit, then retirement, college education for the kids, and if anything remains, investing for the future of the family. Today 41% of American families are not able to cover a $1,000 emergency and certainly can't afford to risk what little funds they have in the market.

Again, it was providing for the family that i took the risk to leave the United States and go into a Muslim country so i could give them a better life once i got back. I mean we went over there just to do a two year tour, and when it was found out, it wasnt as bad as i thought, we stay 5 1/2 years until the camel jockeys blew up the Khobar Towers killing young kids while they slept. You can thank Bill Clinton on that one...

I was addressing investing in the stock market. Taking a high risk job overseas to provide for your family is a different ballgame.

I have been investing since 1987 and i was newly married and a son on the way. I put as much money into HD stock which was 10 percent of my minimum wages per year, my wife was a nervous Nelly just like you, and said "what if the stock drops", in which i replied, i will buy more stocks when it is lower. Today, with all my investing i have over 35,000 shares of HD. There is still money out there to be made, it isnt FINITE, but in a capitalist society where the market is free, the wealth that is created is enormous. Those that sit on the sideline bitching and moaning how life isnt fair, so want the government to steal from me so the government can give it to those not deserving of it, really pissing me off.

View attachment 488727

Although hindsight is perfect, picking a winner over a 40 or 50 year period is not that easy. Take a look at some top picks in the 60's and 70's, companies like Polaroid, who declared bankruptcy in 2001, Xerox whose return on investment is less that treasury bonds, and IBM a sure winner in the 1970's whose return has been about 2 percentage points lower than the S&P 500. And then there was K-Mart who went from Blue Light Specials to bankruptcy. You were lucky with Home Depot. Seeking high risk is not the key to investment success, minimizing risk while maximizing returns is.

The difference between you and me, is that i study what i am investing in, instead of just looking for the get rich quick Crypto phase. I want to know what the business plans are, where their growth is coming from, what they are doing to keep the customers happy. It isnt hard to do this, just takes about one hour a day, but to most uneducated people, all this stuff, is just way over their head, which is why they never invest, but bitch and moan that they have to live paycheck to paycheck. I got my degree in the school of life, i am living it to the fullest.

My investment philosophy for over 50 years has always been to purchase investments with below average risks (below average beta within category), and above average returns. I rarely sell anything unless there is a fundamental change in the company. Typically my portfolio rarely exceed 10 to 15 stocks. I have always tried to diversify. After age 50 I started adding bonds primarily municipals to avoid taxes. Today my portfolio is about 50% bonds, 45% stocks, and the rest is in real estate. Where my goal previously was capital appreciation it is now income and preservation of capital.

There are many ways to make money in the market. There is no one right way, it all depends on the investor's goals, risk tolerance, knowledge, and capital.

I have never been fond of making large investments in the company stock unless it was discounted or I was in a position to fairly evaluate it's worth.

I commend you on your success for being a smart investor. I do have other assets to cover any shortcomings but i dont put all my eggs in one basket either, i have a few other stocks that i own that do pay out. I have energy stocks, transportation stocks, pharma stocks, retail and even stocks for CBD.

That's good. Proper diversification keeps you own a steady growth path, rounding out the tops and bottoms.

 

[Indeependent]

After high school i went to work at McD's at $2.10 an hour while going to the University of Cincinnati. After 6 months i realized that college wasnt for me, so i tried to get a full time job, but McD's only had part timers, of my age. I went to work at Bill Knapp's as a short order Chef again making $2.10 an hour but after i was certified to work the whole kitchen i got a 15 cent raise and was able to work alone during off peak hours. Then 6 months later the wonderful government decided that minimum wage should be $2.25 an hour so i was working entry level wages again, even though i had the responsibility to be alone, while entry had to have supervision. Thanks Progressives. So i left Bill Knapp's and went into the military where i could fix jets. Spent 9 /12 years there, learning all i could about A-10s and F-15s, and when i got out, had to go back to making 10 cents above minimum wage, but at Home Depot, a stock clerk. This is where i learned about investing in stocks, and since HD was going for 35 dollars a share(after all the splits the cost value is under a dollar), i put in the max contributions , while the dividends were only paying 16 cents per share. Then the break i had been waiting for happened. A job opening in Saudi Arabia working the Royal Saudi AF F-15s base pay was $12 an hour with $6 cost of living allowance plus contract bonus complete award of $7,000 and 2 paid vacations($10,000 per family to use or put in the bank). So every year for 5 1/2 years i continued to purchase HD stock, also contribute to McDonnell Douglas stock(which got bought out by Boeing). Today i have over 35,000 shards of HD, and plenty of other dividend paying stocks. Why, because i took risks, with risks come rewards(and sometime failures), those who dont take a risk, mostly live paycheck to paycheck, live moderately in lifestyle, and those i respect, but the progressive slave who bitches and moans that their lives were made victim because someone like me took their shit away, are just that, slaves to their progressive masters. That is a little history that i share. I have had plenty of people go and take a risk, and they have been rewarded. Those that didnt listen, are still slaves..

hd stock history - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

$115,000 an hour!​