NGTO Message Board
Welcome to NGTO!
Home ] [ Membership ] [ Donations ] [ Feedback ] [ Stream Reviews ] [ Stream Reports ] [ Maps ] [ Events ] [ Articles ] [ Rules and Regulations ] [ Archives ] Message Board ] FAQ ] [ Hall of Fame ] Sponsors & Supporters ] About ] [ Witticisms ] [ Distinguished Members ]
Welcome to NGTO!

Go Back   NGTO Message Board > Other NGTO Forums > Off-topic Discussion
Register Blogs FAQ Members List Calendar Photo Gallery Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
Old 02-06-18, 02:33 PM   #301
buckman1
Native
 
buckman1's Avatar
 
Join Date: May 2014
Location: Habersham County
Posts: 910
Default

Just bumped up my contribution 2% more, to 17%.

Stocks are on sale, and I want to get as many shares as I can while the price is lower.
buckman1 is offline   Reply With Quote
Old 02-06-18, 02:40 PM   #302
Buck Henry
Former NGTO President, Sith Lord, FKA Bhuk Henri
 
Buck Henry's Avatar
 
Join Date: Jun 2005
Location: Kennesaw & Cherry Log Mountain
Posts: 12,156
Blog Entries: 5
Default

Quote:
Originally Posted by buckman1 View Post
Just bumped up my contribution 2% more, to 17%.

Stocks are on sale, and I want to get as many shares as I can while the price is lower.

__________________
Message sent from your mom's bedroom during pillow talk

Buck Henry
Simple Goat Herder
Former NGTO President
Hall of Fame Member
Buck Henry is online now   Reply With Quote
Old 02-07-18, 10:21 AM   #303
Trout8myfly
Past Director, Hall of Fame Member
 
Trout8myfly's Avatar
 
Join Date: Jun 2004
Location: Johns Creek, GA
Posts: 6,934
Default

I wonder if the last two days are real gains or just a "dead cat bounce"?
__________________
"What's his offense?"
"Groping for trouts in a peculiar river."
― William Shakespeare, Measure for Measure
Trout8myfly is online now   Reply With Quote
Old 02-07-18, 10:23 AM   #304
Buck Henry
Former NGTO President, Sith Lord, FKA Bhuk Henri
 
Buck Henry's Avatar
 
Join Date: Jun 2005
Location: Kennesaw & Cherry Log Mountain
Posts: 12,156
Blog Entries: 5
Default

My FA said that we were basically seeing future earnings being adjusted for inflation that everyone knows is coming. He said that overall the economy was in great shape and thus there was no reason to believe this was nothing more than inflation fears rearing it's ugly head.
__________________
Message sent from your mom's bedroom during pillow talk

Buck Henry
Simple Goat Herder
Former NGTO President
Hall of Fame Member
Buck Henry is online now   Reply With Quote
Old 02-07-18, 10:33 AM   #305
Trout8myfly
Past Director, Hall of Fame Member
 
Trout8myfly's Avatar
 
Join Date: Jun 2004
Location: Johns Creek, GA
Posts: 6,934
Default

Quote:
Originally Posted by Buck Henry View Post
My FA said that we were basically seeing future earnings being adjusted for inflation that everyone knows is coming. He said that overall the economy was in great shape and thus there was no reason to believe this was nothing more than inflation fears rearing it's ugly head.
Quite right. And it's about time... I'm not saying that inflation is a good thing (remember the 80s?) but some inflation is normal.
__________________
"What's his offense?"
"Groping for trouts in a peculiar river."
― William Shakespeare, Measure for Measure
Trout8myfly is online now   Reply With Quote
Old 02-07-18, 10:39 AM   #306
natureman
Native
 
natureman's Avatar
 
Join Date: Aug 2012
Location: Cumming
Posts: 898
Default

Quote:
Originally Posted by Trout8myfly View Post
Quite right. And it's about time... I'm not saying that inflation is a good thing (remember the 80s?) but some inflation is normal.
Bought my first home in the 1980s at 13% interest on a FHA loan. Young folks today would have a heart-attack at that rate. But that was the way it was back then. The thing is you just cope with what the conditions are at the time and scale back your expectations if need be.

Last edited by natureman; 02-07-18 at 12:04 PM.
natureman is online now   Reply With Quote
Old 02-07-18, 10:50 AM   #307
fishnpreacher
Board of Directors Chaplain, Hall of Fame
 
fishnpreacher's Avatar
 
Join Date: Oct 1998
Location: Just this side of Heaven
Posts: 6,921
Default

Quote:
Originally Posted by natureman View Post
Bought my first home in the 1980s at 13% interest. Young folks today would have a heart-attack at that rate. But that was the way it was back then. The thing is you just cope with what the conditions are at the time and scale back your expectations if need be.
I remember it well...I married in 1980, so we bought a single wide and put on property I owned. About a year after we married, we checked into buying a house. Long story short, the best we could do was 15% for 30 years, on a $30,000 loan. Bottom line? $180,000 payback on a $30,000 loan. No Way
__________________
BE DIFFERENT AND MAKE A DIFFERENCE! <

Exodus 29:18
Then burn the entire ram on the altar. It is a burnt offering to the LORD, a pleasing aroma, a food offering presented to the LORD. God loves BBQ!

"Perhaps you need a visit there yerself. Snidess doth not fall on deaf ears. ...just sayin" GoutUnlimited
fishnpreacher is online now   Reply With Quote
Old 02-07-18, 10:54 AM   #308
Buck Henry
Former NGTO President, Sith Lord, FKA Bhuk Henri
 
Buck Henry's Avatar
 
Join Date: Jun 2005
Location: Kennesaw & Cherry Log Mountain
Posts: 12,156
Blog Entries: 5
Default

My first home load in 1986 was at 9.5%. But it was a great time if you wanted to earn a great return with almost zero risk. My mom locked her mother's railroad pension money into CD's earning 15% or more and made a killing.
__________________
Message sent from your mom's bedroom during pillow talk

Buck Henry
Simple Goat Herder
Former NGTO President
Hall of Fame Member
Buck Henry is online now   Reply With Quote
Old 02-08-18, 11:31 AM   #309
wtbfishin
Native
 
wtbfishin's Avatar
 
Join Date: Sep 2010
Location: Santa Rosa Beach, Fl
Posts: 1,616
Default

Quote:
Originally Posted by Buck Henry View Post
My first home load in 1986 was at 9.5%. But it was a great time if you wanted to earn a great return with almost zero risk. My mom locked her mother's railroad pension money into CD's earning 15% or more and made a killing.
Those must of locked in earlier than '86, maybe '81 when mortgage rates hit 18%+? Making that 9.5 look good.
I remember VA money @ 14% talk about killing a market, I was holding a couple of spec houses in Enterprise Al. it was ruff .
__________________
" Is it ignorance or is it apathy?
Hey man I don't know and I don't care" Jimmy Buffet
wtbfishin is offline   Reply With Quote
Old 02-08-18, 12:04 PM   #310
Trout8myfly
Past Director, Hall of Fame Member
 
Trout8myfly's Avatar
 
Join Date: Jun 2004
Location: Johns Creek, GA
Posts: 6,934
Default

Yep. Dead cat bounce.

DJIA as of 12:00 today:

-362 Points
- 1.45%

So looks like 24,000-ish may end up as the settling point.
__________________
"What's his offense?"
"Groping for trouts in a peculiar river."
― William Shakespeare, Measure for Measure
Trout8myfly is online now   Reply With Quote
Reply

Bookmarks


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 08:51 PM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
vB.Sponsors
Copyright 2010 - North Georgia Trout Online - All Rights Reserved