Your personal debt is preventing you from thinking correctly... | |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 12:27 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 12:30 PM Report Abusive Post Report Copyright Violation | I move all the 401K,IRA,ROTH IRA investments to bonds if there is another recession. If you roll non-taxable accounts to a Roth and pay the taxes out of pocket, it's like sneaking in more money than the maximum allows...and it's legal Yeah but I won't be able to claim my yearly tax deductions if I move everything to Roth. What losses are you deducting? It has no bearing on capital gains...you do not have to realize gains or losses to do this. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 74691601 United States 03/30/2019 12:46 PM Report Abusive Post Report Copyright Violation | get the house, run up the cards to the limit, then never ever make a payment ever again. Only do the mortage and save all the rest. Quoting: KrapKleaner That still weighs on people unless they have no conscience. why would people care about the billion dollar credit card companies? |
Anonymous Coward User ID: 76550302 United States 03/30/2019 12:49 PM Report Abusive Post Report Copyright Violation | ... Quoting: MyPillow Where did he get that 100? Plus, today’s he uses everyone else’s money. Look at his holding company He got a job and worked...the idea of money is to make it work for you by helping others grow and get their start...it's called investing and it's a real job...a fun job! Respectfully, that's bullshit. Buffet helping others? Jesus, that's rich. Hey, I'm all for making a buck, but call a spade a spade. Buffet's one of the primary drivers of a system that does less to promote actual growth than it does to inflate the wealth of insiders. Wrong. Growing businesses need money to expand, he provides the needed capital to employ people... “The ideal business is one that takes no capital, and yet grows." - Warren Buffet 2016 His management style is to take out all the cash from a company and raise prices, buy companies and slash costs and cut staff is his method. Don't even get me started on his unabashed love of monopolies, his massive and fundamental role in the '08 financial crisis and his involvement with the ongoing Wells Fargo scandals thru BH's 9% ownership. And then all the b.s. he spouts about the rich needing to pay more takes, he pays a paltry 0.002% (rememeber the bragging, "I pay less tax than my secretary). And a lefty who supported Hillary 2016. He's a pig. |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 12:49 PM Report Abusive Post Report Copyright Violation | get the house, run up the cards to the limit, then never ever make a payment ever again. Only do the mortage and save all the rest. Quoting: KrapKleaner That still weighs on people unless they have no conscience. why would people care about the billion dollar credit card companies? They are made up of investors like me I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 19150010 United States 03/30/2019 12:50 PM Report Abusive Post Report Copyright Violation | As I have been telling you for years... Quoting: BRIEF [link to www.marketwatch.com (secure)] A new study has a whole different take on what debt relief means. Getting rid of debt doesn’t just unburden finances, it takes a weight off the mind that clears up cognitive functioning, lessens anxiety and improves impulse control. This true. I paid-off my last credit cards las year and it's a big relief. |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 12:51 PM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF He got a job and worked...the idea of money is to make it work for you by helping others grow and get their start...it's called investing and it's a real job...a fun job! Respectfully, that's bullshit. Buffet helping others? Jesus, that's rich. Hey, I'm all for making a buck, but call a spade a spade. Buffet's one of the primary drivers of a system that does less to promote actual growth than it does to inflate the wealth of insiders. Wrong. Growing businesses need money to expand, he provides the needed capital to employ people... “The ideal business is one that takes no capital, and yet grows." - Warren Buffet 2016 His management style is to take out all the cash from a company and raise prices, buy companies and slash costs and cut staff is his method. Don't even get me started on his unabashed love of monopolies, his massive and fundamental role in the '08 financial crisis and his involvement with the ongoing Wells Fargo scandals thru BH's 9% ownership. And then all the b.s. he spouts about the rich needing to pay more takes, he pays a paltry 0.002% (rememeber the bragging, "I pay less tax than my secretary). And a lefty who supported Hillary 2016. He's a pig. He can send a check to the treasury if he wants...did he break any laws? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 46744105 United States 03/30/2019 12:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73870795 Canada 03/30/2019 12:59 PM Report Abusive Post Report Copyright Violation | Muslim and debt free, monetarily speaking. Only debt I have are my shortcomings before God. Hopefully some Muslim in the near-future more capable than myself will run for office and make fractional reserve banking illegal altogether. It won't be a walk in the park, unfortunately. |
Anonymous Coward User ID: 75830911 United States 03/30/2019 01:01 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 68909496 United States 03/30/2019 01:01 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 76550302 Respectfully, that's bullshit. Buffet helping others? Jesus, that's rich. Hey, I'm all for making a buck, but call a spade a spade. Buffet's one of the primary drivers of a system that does less to promote actual growth than it does to inflate the wealth of insiders. Wrong. Growing businesses need money to expand, he provides the needed capital to employ people... “The ideal business is one that takes no capital, and yet grows." - Warren Buffet 2016 His management style is to take out all the cash from a company and raise prices, buy companies and slash costs and cut staff is his method. Don't even get me started on his unabashed love of monopolies, his massive and fundamental role in the '08 financial crisis and his involvement with the ongoing Wells Fargo scandals thru BH's 9% ownership. And then all the b.s. he spouts about the rich needing to pay more takes, he pays a paltry 0.002% (rememeber the bragging, "I pay less tax than my secretary). And a lefty who supported Hillary 2016. He's a pig. He can send a check to the treasury if he wants...did he break any laws? Do you invest in any hemp companies? |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:03 PM Report Abusive Post Report Copyright Violation | Muslim and debt free, monetarily speaking. Only debt I have are my shortcomings before God. Quoting: Anonymous Coward 73870795 Hopefully some Muslim in the near-future more capable than myself will run for office and make fractional reserve banking illegal altogether. It won't be a walk in the park, unfortunately. Borrowing on margin is basically what you are talking about and probably don't realize it. Fractional reserve simply means retaining a portion of deposits as security, and they may also leverage it...it's not what you think you understand about it... If you are Muslim, how do you stand by and accept pedos in your fucked up religion? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:04 PM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF Wrong. Growing businesses need money to expand, he provides the needed capital to employ people... “The ideal business is one that takes no capital, and yet grows." - Warren Buffet 2016 His management style is to take out all the cash from a company and raise prices, buy companies and slash costs and cut staff is his method. Don't even get me started on his unabashed love of monopolies, his massive and fundamental role in the '08 financial crisis and his involvement with the ongoing Wells Fargo scandals thru BH's 9% ownership. And then all the b.s. he spouts about the rich needing to pay more takes, he pays a paltry 0.002% (rememeber the bragging, "I pay less tax than my secretary). And a lefty who supported Hillary 2016. He's a pig. He can send a check to the treasury if he wants...did he break any laws? Do you invest in any hemp companies? I don't know...probably have some coverage I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
saved
User ID: 77494926 United States 03/30/2019 01:05 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 76550302 “The ideal business is one that takes no capital, and yet grows." - Warren Buffet 2016 His management style is to take out all the cash from a company and raise prices, buy companies and slash costs and cut staff is his method. Don't even get me started on his unabashed love of monopolies, his massive and fundamental role in the '08 financial crisis and his involvement with the ongoing Wells Fargo scandals thru BH's 9% ownership. And then all the b.s. he spouts about the rich needing to pay more takes, he pays a paltry 0.002% (rememeber the bragging, "I pay less tax than my secretary). And a lefty who supported Hillary 2016. He's a pig. He can send a check to the treasury if he wants...did he break any laws? Do you invest in any hemp companies? I don't know...probably have some coverage HMMMM! Come And Take It! |
saved
User ID: 77494926 United States 03/30/2019 01:07 PM Report Abusive Post Report Copyright Violation | I don't know...probably have some coverage HMMMM! You are absolutely correct Brief! Debt is slavery there is no freedom in debt. Having the fruit of your labor before you've done the labor has a special kind of overtone. Come And Take It! |
callit
User ID: 74684201 United States 03/30/2019 01:07 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:10 PM Report Abusive Post Report Copyright Violation | thanks for the words brief. Quoting: callit while our personal perspectives may vary greatly, your advice is appreciated. I appreciate your tolerance of those different than yourself, in opinion. If only more people could demonstrate such a mature and intelligent approach. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 77289021 United States 03/30/2019 01:16 PM Report Abusive Post Report Copyright Violation | As I have been telling you for years... Quoting: BRIEF [link to www.marketwatch.com (secure)] A new study has a whole different take on what debt relief means. Getting rid of debt doesn’t just unburden finances, it takes a weight off the mind that clears up cognitive functioning, lessens anxiety and improves impulse control. Because debt impairs psychological functioning and decision-making, it would be extremely challenging for even the motivated and talented to escape poverty.’ — Dr. Ong Qiyan, National University of Singapore What does that say about our National Debt? |
Anonymous Coward User ID: 75830911 United States 03/30/2019 01:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77289021 United States 03/30/2019 01:24 PM Report Abusive Post Report Copyright Violation | As I have been telling you for years... Quoting: BRIEF [link to www.marketwatch.com (secure)] A new study has a whole different take on what debt relief means. Getting rid of debt doesn’t just unburden finances, it takes a weight off the mind that clears up cognitive functioning, lessens anxiety and improves impulse control. Thanks brief. You confirmed my decision to drastically 'do without'...like Very very do without... For the short term in order to get out of debt. If I kept my current expenses I would not pay off the debt for about 8-10 months... I couldn't stomach that! It gave me anxiety!.. Instead I opted to cut nearly all expenses and pay this off in 2 months. The short term sacrifice and hardship feels 1000% BETTER then living with a debt burden. Ive been in debt before and I absolutely hate it. Thanks for the article, You are definitely correct.. Debt makes you feel uneasy and think differently. |
Anonymous Coward User ID: 77504950 United States 03/30/2019 01:26 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:27 PM Report Abusive Post Report Copyright Violation | As I have been telling you for years... Quoting: BRIEF [link to www.marketwatch.com (secure)] A new study has a whole different take on what debt relief means. Getting rid of debt doesn’t just unburden finances, it takes a weight off the mind that clears up cognitive functioning, lessens anxiety and improves impulse control. Because debt impairs psychological functioning and decision-making, it would be extremely challenging for even the motivated and talented to escape poverty.’ — Dr. Ong Qiyan, National University of Singapore What does that say about our National Debt? It's a numbers game...If the currency isn't inflated along with the inflation of the population then seeing a dollar would be like this: I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 75830911 United States 03/30/2019 01:29 PM Report Abusive Post Report Copyright Violation | |
mondali2
User ID: 77515102 Thailand 03/30/2019 01:29 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77339822 United States 03/30/2019 01:31 PM Report Abusive Post Report Copyright Violation | get the house, run up the cards to the limit, then never ever make a payment ever again. Only do the mortage and save all the rest. Quoting: KrapKleaner That still weighs on people unless they have no conscience. Yes, but even then, they probably still have far more conscience than do the "Fed" owners and the money changers. |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:32 PM Report Abusive Post Report Copyright Violation | Joy is the measure of your value to yourself! Joy is temporary, happiness is forever if you live correctly. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:33 PM Report Abusive Post Report Copyright Violation | |
The Searcher
User ID: 5288190 United Kingdom 03/30/2019 01:34 PM Report Abusive Post Report Copyright Violation | Money is the measure of your value to society. __________________________======================= Incorrect, Money or the lack of it indicates your Social Status in Society. A Farmer grows food, a Nurse tends the sick they are both engaged in activities that are beneficial to Society yet there are not many Billionaire Farmers or Nurses in this World. Money, cash is a medium of exchange. A person can exchange one's labour for money or a tangible asset etc. In an ordered Society there is only a certain need for so many people to operate it at each level. The Biggest groups being the hands on workers. People do not choose to be poor. There are many who work harder than you do but they are not well off. The Capitalist mantra that if you work hard you will be rewarded does not always ring true. Many work hard all their lives only to have the money stolen from them. The system is rigged and you know it is, there is no point denying it. Even your Billionaire's have to borrow money when they first start out. However I agree with don't get in debt and your opening premise. The Earth created humans because it needed plastic |
Truth Reaper
User ID: 75955494 United States 03/30/2019 01:34 PM Report Abusive Post Report Copyright Violation | |
BRIEF
(OP) User ID: 39607259 United States 03/30/2019 01:35 PM Report Abusive Post Report Copyright Violation | Money is the measure of your value to society. Quoting: The Searcher __________________________======================= Incorrect, Money or the lack of it indicates your Social Status in Society. A Farmer grows food, a Nurse tends the sick they are both engaged in activities that are beneficial to Society yet there are not many Billionaire Farmers or Nurses in this World. Money, cash is a medium of exchange. A person can exchange one's labour for money or a tangible asset etc. In an ordered Society there is only a certain need for so many people to operate it at each level. The Biggest groups being the hands on workers. People do not choose to be poor. There are many who work harder than you do but they are not well off. The Capitalist mantra that if you work hard you will be rewarded does not always ring true. Many work hard all their lives only to have the money stolen from them. The system is rigged and you know it is, there is no point denying it. Even your Billionaire's have to borrow money when they first start out. However I agree with don't get in debt and your opening premise. I can show the farmer and the nurse how to become wealthy. You don't have to make a lot of money, you just need to be smart with what you make. Invest always in your future. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |