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12-04-2015, 12:32 PM | #31 | |
Fish are scared of me
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12-04-2015, 12:42 PM | #32 | |
In BB I trust
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Quote:
According to Motley Fool, Buffett wouldn't. At least not in 2010. http://www.fool.com/investing/value/...ett-stock.aspx ...which is probably why he is a multi-billionaire known for his genius at financial investments, and you are better known for your ability to extract semen from boars.
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12-04-2015, 01:10 PM | #33 | |
Fish are scared of me
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Quote:
And Warren wishes he had my talents. |
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12-04-2015, 01:14 PM | #34 |
Banned
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12-04-2015, 01:18 PM | #35 |
MVP
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I have a question, not about steel stocks, but about investing in general. I have an emergency fund for my family (following Dave Ramsey's em. fund advice) but its sitting in a savings acct earning 1% interest. Is there a place in which to park this fund, having it earn income investing level returns, but also have access to it on short notice without (or with very little) penalty?
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12-04-2015, 01:20 PM | #36 | |
Banned
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12-04-2015, 01:30 PM | #37 |
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But only certain types of emergencies, no? Also, from what I'm reading, you can withdraw any of the principle at any time with no penalty, since contributions are post-tax. But you get penalized on withdrawing earnings.
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12-04-2015, 03:28 PM | #38 |
MVP
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Buy when it gets to $5. You're going to make that back 10 fold in 2 years.
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12-04-2015, 04:37 PM | #39 |
NFL's #1 Ermines Fan
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VARSITY
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As an update, BHP has stopped beating me with a stick. Now it's using a baseball bat with a nail in it.
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12-04-2015, 05:58 PM | #40 |
Fish are scared of me
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12-04-2015, 06:00 PM | #41 |
Fish are scared of me
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12-04-2015, 06:16 PM | #42 |
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You want solid advice? Good luck. If anything, follow Warren Buffet's: "you pay a dear price for a cheery consensus.” If it feels good buying it, then you probably shouldn't. If you feel nervous about it, dive in. If I had the cash to throw at steel, I'd do it now. That's me. Do I worry about the turnaround? Sure. Do I think its going to go back up significantly? You bet your ass, else this whole country is in a world of hurt. |
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12-04-2015, 08:49 PM | #43 |
What's up braj?
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I have a Netspend savings account that earns me 5% on up to $5000. Seemed a little sketchy at first since it's linked to a prepaid debit card, but the funds are FDIC insured and available at a moments notice through the debit card if needed.
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12-04-2015, 09:27 PM | #44 |
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This market is about to take a hit after they roll out the interest rate bump. If you wanna go safe with good returns, put your money in biotech mutual funds after stocks take a plunge
Oil stocks are also hitting bottoms and will yield some big gains over the next 3-5 years. |
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12-05-2015, 08:44 AM | #45 |
MVP
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I will check that out. Thanks!
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