GO FUND ME: online begging.

[Eric Janson]

[quote author=Rookie Pilot link=topic=7491.msg20664#msg20664 date=1511029058]
Let's have some fun, since everyone is such a fucking business expert.


Have to pick three stocks to invest in. Then stock exchange is closed for 2 years. Can't touch it.


What are your picks, that will A) not lose money in real terms B) hopefully outperform the indexes.


There is so much business expertise here, this ought to be easy.
[/quote]

I'm no expert but I'd do the following:-

50% Gold
40% Silver

I'd have real bars/coins not ETF "paper".

10% Bitcoin

I won't touch stocks.

[Rookie Pilot]

[quote author=Eric Janson link=topic=7491.msg20690#msg20690 date=1511095532]
[quote author=Rookie Pilot link=topic=7491.msg20664#msg20664 date=1511029058]
Let's have some fun, since everyone is such a fucking business expert.


Have to pick three stocks to invest in. Then stock exchange is closed for 2 years. Can't touch it.


What are your picks, that will A) not lose money in real terms B) hopefully outperform the indexes.


There is so much business expertise here, this ought to be easy.
[/quote]

I'm no expert but I'd do the following:-

50% Gold
40% Silver

I'd have real bars/coins not ETF "paper".

10% Bitcoin

I won't touch stocks.
[/quote]


Not an especially optimistic view. Would you share why?

[Eric Janson]

Sure.

Stocks are way overpriced as is the stock market. The whole thing is a casino at best imho.

There is massive fraud behind the facade - nothing was learned in 2008. The amount of debt has just grown exponentially with no possible way to repay it.

There is no way for governments to pay unfunded liabilities such as pensions - people are finally waking up to this reality.

We are heading for a massive collapse on a far greater scale than 2008 imho - just a matter of time.

Feel free to share your thoughts.

[Rookie Pilot]

[quote author=Eric Janson link=topic=7491.msg20693#msg20693 date=1511124261]
Sure.

Stocks are way overpriced as is the stock market. The whole thing is a casino at best imho.

There is massive fraud behind the facade - nothing was learned in 2008. The amount of debt has just grown exponentially with no possible way to repay it.

There is no way for governments to pay unfunded liabilities such as pensions - people are finally waking up to this reality.

We are heading for a massive collapse on a far greater scale than 2008 imho - just a matter of time.

Feel free to share your thoughts.
[/quote]


Let's just say many, many professionals agree with you. Actual stability is far lower than apparent stability. 
Pensions are also a particular concern of mine.  Timing is always difficult on such forecasts. 


I am deeply concerned. Much more for my friends, than myself.


I am defensively positioned, less for prediction reasons and more, that's where I see relative value. Perhaps wse for both reasons? We will see.


--------------------


I suspect if we have another financial crisis the flight training beggars on gofundme won't be the top of anyone's list, after they've exhausted the bank of Mommy and Daddy.  Entitlement will disappear, and that would be a good thing.


Maybe the gofundme movement offends me, because of what I've seen overseas.


I've been in real slums, in real shitholes, seen children living in garbage dumps, digging for something to sell, to get something to eat.  Every day. That is life. Kids sold into prostitution. Kids servicing 20, 30 men a day.  It's real. It happens. How many of you have hugged, kids riddled with disease, filthy from poverty?  I have.


That's what I use the money I've made to help out with, trolls , if you want to know.  That's my "gofundme" projects. 


What are you doing to better the world, TROLLS? Nothing. Losers will never understand. 


This is all just fine wth most of you sickos on the left.  You should get out more. Travel and see how people outside of your privileged bubble have to really live.  Send your kids on a volunteer trip to the slums of Haiti.  Go yourself.


Now maybe you get why I don't relate to the already spoiled, thinking they're entitled to handouts  for their "Dream". Snort. 


Get off your lazy ass.  Work for it.

[Chuck Ellsworth]

[quote]Get off your lazy ass.  Work for it.[/quote]


[font=verdana]They were brought up to be entitled, so working for something is beyond their comprehension.[/font]


Speaking of real shit holes Luanda was about as bad as it gets.

[Rookie Pilot]

Haven't been there.  Been to about 10 African countries though.  But slums aren't exclusive to Africa. 


People are too chicken to even fly to Europe these days, let alone anywhere else. Safe zones....

[Chuck Ellsworth]

[quote]


[font=Verdana]But slums aren't exclusive to Africa.  [/font][/quote]

For sure, Canada has some of the worse slums on earth.


All supported by the Canadian government.