revkevsdi Posted January 16, 2018 Author Share Posted January 16, 2018 2 hours ago, ArcticCrusher said: Did @revkevsdi buy Bitcoin? Nope. Not at a buck, not at 1,000 bucks and not at 20,000 bucks. Evidently some guy referred to as Bitcoin Jesus bought $20,000.00 worth at $1.00 and sold out recently. I guess he was one of the first ones in on the pyramid Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 16, 2018 Share Posted January 16, 2018 12 minutes ago, revkevsdi said: Nope. Not at a buck, not at 1,000 bucks and not at 20,000 bucks. Evidently some guy referred to as Bitcoin Jesus bought $20,000.00 worth at $1.00 and sold out recently. I guess he was one of the first ones in on the pyramid So you were just askin? Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 16, 2018 Author Share Posted January 16, 2018 5 minutes ago, ArcticCrusher said: So you were just askin? Yeah. I find it interesting that very few people understand it. Those that think they understand it can’t explain it. Yet people have virtually made millions of dollars on it. Derivatives were/are like that too. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 16, 2018 Share Posted January 16, 2018 7 minutes ago, revkevsdi said: Yeah. I find it interesting that very few people understand it. Those that think they understand it can’t explain it. Yet people have virtually made millions of dollars on it. Derivatives were/are like that too. And yet you are harping on PE's. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 16, 2018 Author Share Posted January 16, 2018 14 minutes ago, ArcticCrusher said: And yet you are harping on PE's. Yeah I know. Even though they told us before the dot com crash that earnings don’t matter. Guess I’ll just have to keep making money the hard way. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 16, 2018 Share Posted January 16, 2018 2 minutes ago, revkevsdi said: Yeah I know. Even though they told us before the dot com crash that earnings don’t matter. Guess I’ll just have to keep making money the hard way. What are you expecting and what are you getting? I gave up on speculation a long time ago. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 16, 2018 Author Share Posted January 16, 2018 1 minute ago, ArcticCrusher said: What are you expecting and what are you getting? I gave up on speculation a long time ago. Right now I’ve bailed on the market . Parked everything and have spread it all over with Cdic coverage. I bet I’ll only average 1-1/2 percent this year on my passive income. So I doubt I’ll even match inflation. I’m timing the market, the dumbest investment strategy out there. I may end up kicking myself. I guess we will have to see. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 17, 2018 Share Posted January 17, 2018 5 minutes ago, revkevsdi said: Right now I’ve bailed on the market . Parked everything and have spread it all over with Cdic coverage. I bet I’ll only average 1-1/2 percent this year on my passive income. So I doubt I’ll even match inflation. I’m timing the market, the dumbest investment strategy out there. I may end up kicking myself. I guess we will have to see. So let me ask you is this advised strategy? Are you paying for this advice? Cause this is the horseshit I have been deflecting for some time. Timing the market is dumb cause it takes two to time. Edgepoint wrote a good article on timing, yes another great company that leaves indexes in the dust. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 17, 2018 Author Share Posted January 17, 2018 22 minutes ago, ArcticCrusher said: So let me ask you is this advised strategy? Are you paying for this advice? Cause this is the horseshit I have been deflecting for some time. Timing the market is dumb cause it takes two to time. Edgepoint wrote a good article on timing, yes another great company that leaves indexes in the dust. Nope it’s going against advice. My future grand kids are going to be pissed if I’m wrong. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 17, 2018 Share Posted January 17, 2018 9 minutes ago, revkevsdi said: Nope it’s going against advice. My future grand kids are going to be pissed if I’m wrong. My kid will inherit > 8 figures regardless of how bad I screw up. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 17, 2018 Author Share Posted January 17, 2018 16 minutes ago, ArcticCrusher said: My kid will inherit > 8 figures regardless of how bad I screw up. Not sure how you will do that without turning him into a silver spoon case. But good for you. My kids will get my parents money. My Grand kids will have to hope I don’t screw up. Quote Link to comment Share on other sites More sharing options...
Anler Posted January 17, 2018 Share Posted January 17, 2018 17 minutes ago, ArcticCrusher said: My kid will inherit > 8 figures regardless of how bad I screw up. Whoa! Do you have a sanpan? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 17, 2018 Share Posted January 17, 2018 3 minutes ago, Arctic Cat Destroyer said: Whoa! Do you have a sanpan? No a princecraft. https://www.princecraft.com/ca/en/products/Pontoon-Boats.aspx Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 17, 2018 Share Posted January 17, 2018 3 minutes ago, revkevsdi said: Not sure how you will do that without turning him into a silver spoon case. But good for you. My kids will get my parents money. My Grand kids will have to hope I don’t screw up. I told him to take business instead of engineering to manage it since he only needs remedial math. Quote Link to comment Share on other sites More sharing options...
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