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No, that still wouldn't pass the accuracy test, sorry. You might say, historically there has never been a period covering X years where stocks have underperformed bonds and cash. The key being any statement made pretaining to a variable event containing the word "always", must be...

Just another classic example of the pathetic stupidity of the average financial advisor.

I have no idea nor do I particularly care what someone else thinks. All I know and all I care about with repsect to wealth is how I'm used to living and how much is enough for me. If I were to guess, I'd think the overwhelming majority would say 1 mill is rich. I'd also guess that after they...

Im not arguing your basic point, but.... According to most published reports there are something like 9.5 million households in the US with a net worth of 1 mill or more or roughly 7% of all households. Another report I saw recently basically stated that someone in the 40-49 age group...

Well I'll be damned!!... Here I thought having women pay me for sex was what made my life truely rich regardless of what I am really worth on paper.

Nice guy? lol!..yeah, right. Let's see, we got a guy here who claims to have at least 9 children. "At least" being the opperative phrase. How in the hell do you claim at least 9 children? Saying you have at least 9 suits, okay thats fine. But at least 9 kids? And on top of that, he...

Jan 3rd 2001.. I had just started my transition from an investor to a trader and didn't know squat about anything. The Nas had been down 3 straight months so in my infinite wisdom I decided, hey can't be down 4, right?..LOL! Anyway, on Jan 2 I bought Jan QQQ calls, a lot of them for...

If you want to know a stocks value look at the most recent quote.

This is easy to answer. If want to learn to trade, start trading. Trading isn't learned through a book, it's not learned through simulation, it's learned by first losing money and then figuring out why you lost it. If your like most people though you'll soon learn that what you need to...

What the hell is wrong with you dude? I mean seriously, what are you missing as a person? So real estate is in the crapper and some people will lose some equity while others will lose their houses. Big F'ing deal! Who cares? Why are you so angry over other peoples situations? We're...

So let me get this right, Your friend could have saved 20K perhaps had he listened to you. Since he didn't listen to your advice you've now taken to the internet to dis him and hopefully find some strangers who will vindicate you by agreeing that your friend is a fool. Meanwhile, your...

trust me, you need more than 1 internet connection. I recommend cable with a DSL backup. There's nothing quite as exciting as having your internet go down while you've got a few large trades open:)

Landis, My point wasn't the house it was the concept of living below your means. If there's no 90K houses, which btw, they dont exist in florida anymore either, then you save up a bigger downpayment and put off buying the house for a while. Your not entitled to own a house afterall.

The taxes are Real estate taxes $240 car insurance is cheap. the cars are an 04 and a 99 but in FLorida ins rates suck. Elect..Again, this is Florida. everythings elect for one, rates are high for two and I make more than enough to pay for it for three. Health Ins..yep, my plan sucks...

Only because I'm a stickler for the truth do I point out that your statement is untrue. I said: "I must say though, this Reaver is a funny guy who obviously has never made much money, or lives in rural Arkansas, if he thinks 50K should go far. I find his line that you need a 500K-600K house...

Reaver, you have some serious issue's. Now I feel bad for you. I'm happy your doing well though. Not too often you meet an angry successful young man(someday that will make sense to you). But, I do wish you and everyone else the best. Just remember making others smaller won't make you any...

Quote from toc: 'A $500,000 mortgage at 5.5% (again, a reasonable rate) would be $2838. Add $800 a month for taxes and insurance (depending on your area). That's $3600.' Two $50K cars, $500K house mortgage and $50K credit card debts are total total total wasteful spending even if someone...

26 years old, huh? You sound like it. Nope, no debt and no 500K house. House 350K, lets see off the top of my head: Mortgage $1550 Taxes $600 Ins $400 Car Ins $250 Elect $400 Cable $120 Cell phns $120 Platform $250...

Buddy, I have to agree with these guys about your brother. He sounds like the poster child for dumbasses to me. Either that or you've grossly overstated his career situation. I too was an exec for exactly 9 years. I wasn't very high on the ladder and the company wasn't that big but they were...