*Investors Blog*

[SC Maintenance]

I agree that nothing stops this train, but we know from history that gold can be confiscated and bitcoin, well, that’s another fiat, not sure why people think it’s safe.

Yes, well nothing is 100%. Stock in companies making necessities with pricing power is likely your best bet. Thats a short list.

Gold can be confiscated, but if it really gets that bad it can be buried in the ground, or sewn into your clothes like refugees have for centuries. Barring that - it should keep up with inflation - like it has since 1973.

Bitcoin is another matter. Its supposedly secure in your wallet - you just may not be able to access it using your countries internet - if things got that bad. I am not a huge fan, by Lyn Alden is so thats why I posted it.

Land or any other thing can be taxed / confiscated - those two are the same in my thinking.

If things really get that bad, then Bullets, Beans and Bullion as they say. I doubt it though. With modern comms they have no way to fleece the public like they did 100 years ago.

 

[SC Maintenance]

I'm out.

Like around $120K down. Need to pump it up!!

Does spending money on stuff count?

Like out out - "I sold all my stocks and bonds today" thread out?

 

[Pablo]

Like out out - "I sold all my stocks and bonds today" thread out?

No. We bought a van and we are having it converted - put a slight dent in a taxable account

Need to earn it back!

 

[Vil_Riker]

What happens when interest payments exceed tax revenue?

Devalue the currency... Which is what's been happening in the period since late 2020.

 

[scoot]

Pot calling kettle. $2T savings turned into $150B over 10 years.

"Nothing stops this train", to quote Lyn Alden, who started saying that 2 years ago at least.

I'm happy with the cuts to the junk agenda . Sending all that cash overseas that probably got pocketed to begin with is a good thing . Also many criminals working in these agencies are gone . Military spending for us had to be spun up to play catch up .

 

[SC Maintenance]

I'm happy with the cuts to the junk agenda . Sending all that cash overseas that probably got pocketed to begin with is a good thing . Also many criminals working in these agencies are gone . Military spending for us had to be spun up to play catch up .

I am not against cutting waste, but the promotion was up to $2T and the end was rounding error - which of course everyone knew was going to end that way because you can't touch any of the big stuff. So setting aside the politics, from a investing standpoint it didn't make a hill of beans difference to the macro.

In the end were running $2T+ deficit and doge did nothing, which is all that matters. So does it matter if deficit goes to $3T? Probably even better for stocks. Bad for bonds.

 

[SC Maintenance]

Devalue the currency... Which is what's been happening in the since late 2020.

1971.

 

[SC Maintenance]

No. We bought a van and we are having it converted - put a slight dent in a taxable account

Need to earn it back!

So your uber driving the van?

 

[Pablo]

So your uber driving the van?

Best suggestion ever

Stack people like cordwood in the back

Drive them wily nilly and keep the uber fees!

 

[walterjay]

Best suggestion ever

Stack people like cordwood in the back

Drive them wily nilly and keep the uber fees!

You could cart the Amish around in my area. I see it a lot.

 

[Zee09]

You could cart the Amish around in my area. I see it a lot.

You can cart me around for free

 

[Pablo]

You can cart me around for free

Your drivers

 

[Zee09]

So your uber driving the van?

Yup and hustling Amsoil to the transportees....

 

[Zee09]

Your drivers

View attachment 283011

View attachment 283012

You guys look phenomenal for 90

 

[Pablo]

You guys look phenomenal for 90

Dog will be 8 months in dog months soon

 

[Zee09]

You really look like an Aussie I know Pablo...seriously and happy too

 

[Vil_Riker]

Your drivers

View attachment 283011

View attachment 283012

You guys look like what you posted a few years back - no change.

 

[SC Maintenance]

Best suggestion ever

Everyone needs a side hustle. Inflation is killing everyone!

You can cart me around for free

Grass, gas, or... well if you know you know.

Yup and hustling Amsoil to the transportees....

Beats those stupid tablets on the headrest.

 

[Zee09]

The last two years I've really aged.
I look like @AutoMechanic now.

 

[Pablo]

The last two years I've really aged.
I look like @AutoMechanic now.

Heck I feel like automechanic!