"NOW Do You Believe in Global Warming?"

POSTED BY: Niki2
UPDATED: Monday, August 27, 2012 01:07
VIEWED: 17646
PAGE 8 of 13

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Originally posted by SIGNYM:
Not only do I think global climate shift is occurring, I think that along with population increase is going to make food more and more expensive.

So, I put my money where my mouth is (so to speak): I invested in agricultural futures. As of this point, I made a tidy 20% gain.

Proof of the pudding is in the successful prediction. Gotta ask... how many times have rappy and the know-nothings successfully predicted (or even understood) anything?

Those so-called free-market capitalists should hang their heads in shame for their lack of savvy.

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Careful with that Signy....

Good for you for putting your money where your mouth is, but if I had a lot invested I'd do research on previous decades and the ebbs and flows. Your logic seems foolproof, that's for sure, but there are just too many variables out there. If the market were to be "logical" than we'd have seen steady gains on gold, silver and agricultural products perpetually. The only bumps in your system then would be the good weather years where more food is made than is needed, but they'll always be evened out by the bad weather years. To this day, I've never read an adiquite explanation to the fluxuation of gas prices, and why gas at the pump is still so damn expensive even though it's only trading for 85 bucks a barrel. Gas drives everything, including produce transport to the stores. If proles like us can't even figure out that variable, the rest is a crap shoot.

I'm glad you're winning now.

My advice would be to take your winnings out now and put them somewhere else you feel is undervalued. Just like the housing market, and anything else that has seen great gains, there will eventually be a correction.

Added to that, never "gamble" with money in the market that you will need in the next year to survive, and never sell when you're down, unless you KNOW for a fact that the stock is dead. Following the first rule will allow you to ride out the storm of the downturns.

In just over 2 years I had turned 13k into 15.6k in my Roth IRA. I thought I was the Wall Street Kid.... So when the DOW dropped from around 15k down to 12k, I thought it would be a good time to invest in a name brand like GE. It topped out at about 42 bucks a share and I figured I was getting a bargain at 27 bucks a share. I also spent just about as much on US Bankcorp, which was giving a 5.25% dividend when savings accounts were giving less than 1%. Shortly after about 8k in those 2 purchases, the bottom fell out and I saw my 13k (plus 2.6k) turn into just over 6k in about 8 months. (This was money I'd already paid taxes on and didn't have a company match on either).

I rode it out. I didn't panic sell because I didn't need the money at the time. By the time I sold both of those stocks, they weren't worth as much as I'd paid for them, but they recovered greatly. My other big winners on the side lines helped push my final outcome to 13.2k. 200 bucks interest on 13k isn't too shabby for 4 years in this climate.

I got lucky.....

I'm done with the market. The only way I'm getting back in is if I ever get a good job with a 50-100% match 401k. That's it....



Mark Cuban said don't play the market. There are tons of people who went to school to learn how to read the market better than you ever will. First pay down your debts. After that, buy things on sale and in bulk and stock up. If you've done all of that and have a little extra money, look at investing in the market as playing the slots.

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Hey 6IX, thanx for the advice. I'm gonna sell post-haste; the price of agricultural commodities not only reflects the scarcity of the goods but the amount of money "out there" to buy it. So in tough (deflationary) times, commodities can go down even if ppl are starving.

I have a long, storied history with the stock market! Some ups, some downs, but for all the drama I could have put my $$$ in the bank and come out even. I know peeps at work who make $$$ in stocks, but they watch the market every gorram day, and they trade in puts and calls. I just don't have that kind of time with a disabled daughter, sick hubby, and demanding full-time job.

I read an interesting paper once; it had to do with "what KINDS of investors get the best returns?" I know there are investors who buy stocks for value, other who buy stocks for earnings, others who buy and sell stocks on very technical indicators. I don't recall what kinds of investors they were called, but what I DO remember is that they said the "macroeconomic investor" usually does better. I was very happy to read that because macroeconomics is a hobby of mine.

But I don't invest ALL of our savings, we have money is some very conservative investments (annuities, government paper, insured accounts... that kind of stuff) and I have some "play money". I tend to invest by category (precious metals, real estate, commodities, muni-bonds, foreign currency, foreign bonds, annuities, NOT equities! ) and usually expect to make money in 1-15 years. I guess I'm a buy-and-hold kind of gal... too busy to do otherwise! In the meantime, hubby and I work hard at responsible but not exceptionally well-paid positions, scrimp and save (we live on less than one paycheck and bank the rest), and have managed to put together a retirement for us and a future income for our daughter which we HOPE will last for the rest of her life.

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Glad to hear that you've weathered it money-problems-in-general better than most have Signy.

I LOVED economics classes in College before I dropped out. Macro and Micro were two of my easiest non-computer courses because I just ate up all the info without any problems. (Math real people can use, as opposed to Algebra and Trig and Calculus)

No matter where you put the money, whether it be stocks, the bank, the real-estate market, or a meth-addiction ;), it's all about what the ROI.

I shouldn't say that I'll NEVER play the stocks again, because it was fun when I was making good money and the economy was better. It was like playing Texas Hold'em online!

It's just that I did a cross-over example of what I suggested to you. I took EVERYTHING out of stocks and put it into a severely undervalued house for the neighborhood. It's a GREAT neighborhood. Sure, it still needs some work after nearly a year, but except for the gutters I need to install it's all cosmetic. The mold I removed in the first month automatically raised the value nearly 30k, no matter what I did after that. In our germiphobe world we live in, it takes a REAL SMOKER to go in with a hazmat suit in 95% temps and turn a bad situation like that around.

I figure it would cost me about 1.2k a month to rent this place as is, and I'm not paying that, so add another $12k to money made since I've been here just for that.

Never stay with any investment too long that you have to endure a correction that might not pick up again for a long time. If you can pick up a hidden gem like this house was at absolute and verifiable rock bottom prices, you can stall for a while and take a breath because if any external forces made this investment worth less a year from now it means we're ALL up the creek without a paddle.

I wish you continued luck, and I hope that you never get greedy with it.

You're playing the "smart man's lotto".

You're in the saddle

"A government is a body of people, usually notably ungoverned." ~Shepherd Book

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And, in other news of global warming causing food insecurity.....


Migrating pollock could endanger Alaskan fishery, international relations

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Showing a distinct lack of American patriotism, Alaskan pollock are reacting to climate-changed warmer waters by swimming northward into Russian territory — potentially endangering both the U.S.’s billion-dollar pollock industry and U.S.-Russia relations. Climate-related pollock migration “will be a food security issue and has an enormous potential for political upheaval,” warns Andrew Rosenberg, former deputy director of the National Marine Fisheries Service. Salmon, squid, and mackerel are also moving northward, but the certified-sustainable pollock fishery is arguably of most concern. Estimates hold that anywhere between 10 and 30 percent of Alaskan pollock now rear their heads in Russian territory. If Russians schlep up 20 percent of the available catch, “do we eat it and reduce our catches to manage conservatively?” frets marine-policy professor Keith Criddle. “If we get to the position where Russians are taking 50 percent of the catch, what are we going to do?”

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For a quick look at drought, I go to the USDA drought monitor as mirrored by the University of Nebraska-Lincoln. Just google "drought monitor" and you'll get the web site.

http://droughtmonitor.unl.edu






SignyM: I swear, if we really knew what was being decided about us in our absence, and how hosed the government is prepared to let us be, we would string them up.

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I am sure the pollock have no reason to migrate into Russian waters on their own.
Crazy tree-huggers gotta be herding them up there to perpetrate the GW hoax.

(^ A comment too lunatic to qualify as sarcasm.)


As for Kiki's drought map: Nevada & Southern California look normal to me.
But with more than half of the remaining USA in drought ... there could be trouble!

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Originally posted by Storymark

I react harshly to idiots who insist their belief trump science, yes. Good catch.

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Oh, the irony.

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And now Science = Santa Claus, in Rappyland.

You even make the zealots look mellow sometimes.

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See, here's the gig. If I believe YOU, and ignore real science, then where's that lead me? Higher taxes, regulation piled on top of regulation, less freedom, govt intervention, redistribution of wealth, and for what ? Virtually zero impact on the climate, no matter what man does.

So, even if your fairy tale WERE true, there's absolutely nothing of any significance that we can DO about it ! All our carbon credits, forced compliance, govt regulations and taxes... won't change a gorram thing when it comes to the climate. Not now, not next year, not in 100 years. So, if YOUR way isn't going to solve the imaginary crisis, and even the climate gurus who fully believe this stuff they're shoveling admit to that much, then what's the gorram point ???

There is none. Just more 'meddling', by the Imperial Federal Alliance, who has duped you and others into buying this ' better worlds' hokum.

Useful idiots.




" We're all just folk. " - Mal

" AU, that was great, LOL!! " - Chrisisall

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