Barefoot Investor is Butt Naked

[serial]

I sold all my silver and gold a few weeks ago and invested it in the share market based on this advice. found a great Australian company and apparently I am about to receive a heap of money now my investment in Dick smith has gone in to receivership. Can anyone tell me where this boat is so I can receive my money?
got to love this stable share market vs crappy silver and gold. it doesn't even pay dividends!

I paid for my first house using profits from the share market.
I have had to work like a slave to keep my head above water in PM's.
The boat has sailed for now - unless you are short.

I am actually happy too hear you got out in time with your money, many don't make it out in time to convert their paper profit into something tangible like you did.
The issue I think alot of people have with this piece by the bare foot investor is the assumption that investing in shares is guarantied in the long term to make you money when compared to gold/silver with is a stagnant asset.
It fails to mention that the reason the chance for high return is there is because the chance for total loss is higher. yes you may find a company that makes 9% interest P/a and pays dividend but you may also find a Dick smith that losses all your money. Or perhaps you may decide to invest in USD but then what if it goes the way of Zimbabwe?
ultimately it is about risk appetite and most people are hear because they see financial security in gold/silver versus other potential investment options.
Personally I am of the belief that investing in the share market is no different to going to a casino unless you have enough knowledge and financial power to impact/control the market and currently it teeters on the edge of collapse held up only by the constant government intervention its gets through striping of control over our financial assets (Super funds) by regulation that forces mostly to prop up the market without any direct control in how their super fund is used.

 

[Ronnie 666]

I sold all my silver and gold a few weeks ago and invested it in the share market based on this advice. found a great Australian company and apparently I am about to receive a heap of money now my investment in Dick smith has gone in to receivership. Can anyone tell me where this boat is so I can receive my money?
got to love this stable share market vs crappy silver and gold. it doesn't even pay dividends!

I paid for my first house using profits from the share market.
I have had to work like a slave to keep my head above water in PM's.
The boat has sailed for now - unless you are short.

Fantastic call. Your short position in PM is looking great better and better every day and the long call on stocks unbelievable !! Wow payday is just around the corner. What timing , I encourage everyone to follow what wrcmad suggests, the barefoot investor of SS.

 

[wrcmad]

^
Hey, dopey, you already replied to this post yesterday. :lol:
Told you that you were trying too hard.

 

[wrcmad]

The issue I think alot of people have with this piece by the bare foot investor is the assumption that investing in shares is guarantied in the long term to make you money when compared to gold/silver with is a stagnant asset.
It fails to mention that the reason the chance for high return is there is because the chance for total loss is higher. yes you may find a company that makes 9% interest P/a and pays dividend but you may also find a Dick smith that losses all your money. Or perhaps you may decide to invest in USD but then what if it goes the way of Zimbabwe?
ultimately it is about risk appetite and most people are hear because they see financial security in gold/silver versus other potential investment options.
Personally I am of the belief that investing in the share market is no different to going to a casino unless you have enough knowledge and financial power to impact/control the market and currently it teeters on the edge of collapse held up only by the constant government intervention its gets through striping of control over our financial assets (Super funds) by regulation that forces mostly to prop up the market without any direct control in how their super fund is used.

Agree to an extent - especially the bit about assumptions. Should never assume anything.
However, you need to look at his target audience, who are looking for simple strategies - not even stock picking, but simple managed funds investment.

 

[Ronnie 666]

^
Hey, dopey, you already replied to this post yesterday. :lol:
Told you that you were trying too hard.

Dopey making money hand over fist compared to you and your hero barefoot investor loosing big time on a double bad bet and worse ...advising others to lose. .......
Don't worry I am done with you and I appreciate you hijacking this thread. Will do the same for you sometime soon
Keep up the good work.

 

[wrcmad]

^
Hey, dopey, you already replied to this post yesterday. :lol:
Told you that you were trying too hard.

Dopey making money hand over fist compared to you and your hero barefoot investor loosing big time on a double bad bet and worse ...advising others to lose. .......

^ Can admin please contact Ronnie and advise his account must have been hacked by a 10-year old?

 

[Ronnie 666]

Hey wrcmad - shorts going well? stocks up ? Looking good ....
Oh I see you are standing on your head

If only I was 10 years old hahaha

 

[wrcmad]

Hey wrcmad - shorts going well? stocks up ? Looking good ....
Oh I see you are standing on your head

If only I was 10 years old hahaha

Hey Baldrick!
Shorts even better than when you asked last week.
Stocks up? ASX down another 1.5% today.
I'll give you some dispensation today - I understand your confusion between up and down, given your intellectual challenges
Hey, how is your backwardation going?

 

[Ronnie 666]

Hey wrcmad - shorts going well? stocks up ? Looking good ....
Oh I see you are standing on your head

If only I was 10 years old hahaha

Hey Baldrick!
Shorts even better than when you asked last week.
Stocks up? ASX down another 1.5% today.
I'll give you some dispensation today - I understand your confusion between up and down, given your intellectual challenges
Hey, how is your backwardation going?

Obviously you cant read period and now upside down you cant read or understand - too much flow to the head ? "My confusion" you jest you are the Baldrick hahaha you are obviously confused as you have not read what I wrote nor understand it. Go follow the barefoot guy as he is now saying stocks are a buying opportunity. You never know mate you may be able to afford a second house on your metal shorts and your new stock purchases ?

By the way I need none of your dispensation - too much vitriol

 

[wrcmad]

Oh, I get it now - you are making shit up again as your defensive mechanism.
Funny. :lol:

Not aware of what Barefoot investor has to say - I told I don't read rubbish publications. but thanks anyway.

 

[Ronnie 666]

Oh, I get it now - you are making shit up again as your defensive mechanism.
Funny. :lol:

That took you a while! No I will leave the excrement manufacture to you as you are so gifted in that area.
If I was you I would be focused less on excrement manufacture and more on your short positions in metals and your stock portfolio as you may be about to lose your pants.

 

[wrcmad]

Oh, I get it now - you are making shit up again as your defensive mechanism.
Funny. :lol:

That took you a while! No I will leave the excrement manufacture to you as you are so gifted in that area.
If I was you I would be focused less on excrement manufacture and more on your short positions in metals and your stock portfolio as you may be about to lose your pants.

 

[Ronnie 666]

I dont have to convince you of anything !! This should

 

[wrcmad]

 

[Ronnie 666]

And you are still LISTENING lol

 

[wrcmad]

 

[Ronnie 666]

Is that shrill buzzing noise in your ears irritating you. Because that is not me

I WIN In reality the charts win and you lose

 

[wrcmad]

 

[Ronnie 666]

If we are such idiots and you are the great sage why are you wrong

I think its time to pack up your toys and go and SH$#T on someone other SS's post.
It is simply what you do best.......

After all this is my post and you don't want to get sent to the corner again do you ?

 

[wrcmad]

If we are such idiots and you are the great sage why are you wrong

I think its time to pack up your toys and go and SH$#T on someone other SS's post.
It is simply what you do best.......

We?
There's no "we" in "you".
Better you own what you say, rather than attributing it to an imaginary collective.

I've said it before - pointing out obvious flaws and mistruths in one's post, for the benefit of others, does not constitute SH$#TTING on ones post.
It is not coincidence that your posts attract a lot of attention in regards to needing correction.
I'm sure I'll be back.

Now, did you ever manage to teach yourself the meaning of "inflation-adjusted returns"? Or has it escaped you again? :lol: