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Post by walnut on Jun 30, 2023 23:20:44 GMT
Assuming you picked well, you own a piece of the productive, wealth producing machinery of the United States of America, and it will be fine, but with a few ups and downs along the way. Better than the declining balance notes that the Fed passes around. Accumulate capital equity, not Biden dollars. I don't even understand your anxiety. I don't have the savvy or resources you do Chris so I went with my gut and went all in on big cap stocks like Microsoft, Alphabet, Apple. I was tired of making tiny sums daily and now am enduring stomach churning like a roller coaster when my portfolio goes up 5k or down 10k in one day. The anxiety comes from the fact I live in a small house, drive a 30 year old truck, and my budget for a vacation sometimes is just a tent near a river with my fly rod in hand. Pass the Tums. My point is that I'd like you to do well, and the only way to earn that reward is to stick by your investments and not get spooked out every time a JP Morgan analyst knocks the market or one of your stocks. Try the thought experiment I mentioned earlier, and do not judge the value of your investments in US dollars. It's obviously counterintuitive. Ultimately we are concerned with the price quotes, but you are going to have to forget that for awhile. If your investing time horizon allows that sort of zen philosophy. It's just as reasonable to hold your wealth in shares of MSFT as US dollars. Value things in stock shares, which is your own currency. I think that this is how Buffet thinks, if I can presume to know, and it has served him pretty well. |
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Post by gridley on Jul 1, 2023 11:01:22 GMT
I think that this is an interesting map. Duwayne ... you need to up your golf time.   Interesting indeed. Nit: cattle grazing = food we eat. :-) I also suspect there's some other overlaps - notably between the 100 largest landowning families and the cattle range.
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Post by duwayne on Jul 1, 2023 15:10:34 GMT
I think that this is an interesting map. Duwayne ... you need to up your golf time. When I play golf with my grandsons I see a need for even wider fairways and more land. |
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Post by walnut on Jul 1, 2023 16:06:20 GMT
The map designer took a trip across I-70 or I-40 as a child and this is more or less what they think they remember of the yellow area. Backseat of their parents Oldsmobile, sleeping mostly.
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Post by missouriboy on Jul 1, 2023 16:51:25 GMT
The map designer took a trip across I-70 or I-40 as a child and this is more or less what they think they remember of the yellow area. Backseat of their parents Oldsmobile, sleeping mostly. They would have missed the cotton though.  |
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steve
Level 2 Rank
Posts: 77
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Post by steve on Jul 2, 2023 1:23:56 GMT
I think that this is an interesting map. Duwayne ... you need to up your golf time. A couple of thoughts. Why are wetlands and deserts in the same catagory? How much of the private family timberland is owned by the 100 largest landowning families? Based on this map duwayne, maybe you should take up pasture golf. |
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Post by walnut on Jul 2, 2023 3:03:21 GMT
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Post by Sigurdur on Jul 4, 2023 5:07:30 GMT
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Post by Sigurdur on Jul 4, 2023 15:25:11 GMT
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Post by walnut on Jul 4, 2023 17:46:21 GMT
They are trying to disagree with her without making an enemy of her. |
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Post by code on Jul 6, 2023 5:01:12 GMT
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Post by nonentropic on Jul 6, 2023 6:52:30 GMT
16 thousand from which states??
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Post by missouriboy on Jul 6, 2023 13:45:54 GMT
Wow! Look at Taco Bell. No more "fake" tacos.  |
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Post by glennkoks on Jul 7, 2023 13:00:27 GMT
It's good to see Chic-fil-a up there. Rare to see a corporation closed on Sundays anymore. Gives me cause for hope...
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Post by Sigurdur on Jul 9, 2023 13:45:45 GMT
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