33.3% Return in 10 Years

[Greg]

Sounds good to me.

[Mike]

Don't be sucked in by the 33% total return.

A 5% annual return on $7.50 = $10.05 after 6 years.

A 4% annual return on $7.50 = $10.26 after 8 years.

A 3% annual return on $7.50 = $10.08 after 10 years.

3% annual returns aren't good, unless you are talking about emergency cash reserves and high yield money market accounts with great liquidity.

[Greg]

I was posting it because I liked the WW2 artwork and it did have some investing content.

[grandma]

That was an era of National participation. http://smileys.smileycentral.com/cat/327v.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)There were big bond rallies all over, movie stars selling them, & you could get a kiss too! It took a lot of allowance savings, back then, to buy one! It was easier to save string & peel the foil off the gum wrpappers !!!

[Greg]

Yeah, I liked the picture and thought I was interesting that getting 33.3% return after 10 years was suppose to bea good deal. Now days people want 33% return in 1 year.Plus there is Mlk_Man with his super-duper"investment strategy that can make 80-100 % gains every year!!"

[grandma]

Greg wrote: Now days people want 33% return in 1 year.Who wouldn't!!! Why not !!I'd take it !!And, Mike among others here, are too young to recognize some of the less re-circulated posters from 1940's.
My favorites are `Uncle Sam Wants You,' and `loose lips sink ships.' The latter one should have been revived & posted in every news media editor's office & engraved on the imbedded reporters' foreheads several years ago. (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)

http://smileys.smileycentral.com/cat/23/23_13_14.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)

[Spaf]

I understand what you are saying. I agree! However, I have a memory conflict that keeps telling me something entirely different!

I enjoy the WW-II information! However,

[Greg]

grandma wrote: My favorites are `Uncle Sam Wants You,' and `loose lips sink ships.' The latter one should have been revived & posted in every news media editor's office & engraved on the imbedded reporters' foreheads several years ago. (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)

[Greg]

grandma wrote: My favorites are `Uncle Sam Wants You,' and `loose lips sink ships.' The latter one should have been revived & posted in every news media editor's office & engraved on the imbedded reporters' foreheads several years ago. (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)

[Mike]

I recognize WWII era items; I have a very strong command of history.

My point was focused on what was portrayed as a "good" return. Less than 3% annually is anything but that.

Mike wrote: I recognize WWII era items; I have a very strong command of history.
I can verify that! http://i3.photobucket.com/albums/y72/W_W/WW.gif

[grandma]

grandma wrote: And, Mike among others here, are too young to recognize some of the less re-circulated posters from 1940's.I phrased this wrong, Mike, & I apologize to you & our history buffs. At somerecent point inourPublic School education: history, it seems some of the pertinent facts are being left out and the US is being portrayed as the bad guys - (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)I was too inclusive in my statment,.

Spaf - in your duty-time, a lot of our citizenship was certainly led astray by the anti-war movement and followed their lead blindly, unhesitantly. It seems, now, that those who were the prominent leaders of this group were, in fact, fully aware of what they were doing. Checking out certain politician's secret meetings w/the Viet Cong & Chinese in Paris - check out Wintersoldier.com - A slow, tedious search through the millions of papers turned over to the US by the VC, Down at Austin, UT. I tell you, Spaf, & the other Vets, Korea `the forgotten war,' Vietnam, `the betrayed war' and all who have served : Thank You.

http://smileys.smileycentral.com/cat/322v.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_1_30.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_1_31.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_1_32.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_1_34.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_2_101.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_1_33.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/6_5_52.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/14_2_100.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/329v.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS)http://smileys.smileycentral.com/cat/328v.gif (http://www.smileycentral.com/?partner=ZSzeb001_ZNxmk145YYUS) grandma

[Dave M]

"Led astray"?To be young is to make mistakes, but Peace and Love are no error. When they drafted me, I became an even stronger advocate of peace, believe me. *smile*

Do you know any wargamers? Present your thesis to them, someone you know and trust, see what they say. I am one. The hobby has led me to a lifelong study of war, and history in general. Therenever was a more unneccessary war than WWII (so say Churchill and Liddel-Hart, and I agree) but Vietnam comes close. The ~35 million premature deaths resulting from WWII changed practically nothing. As in 1940, the world of today's three pre-eminent economies are the USA, Germany and Japan. (Yes, China is coming on but it has a way to go yet.) Vietnam today is right about where it would have been,had there been no war: the two halves are united and looking to participate in the globaleconomy.

War creates a lot of misery but little else IMHO.

Dave

PS Go here http://www.consimworld.com/to learn more.

[Mike]

WW II was anything BUT unnecessary.

Hitler was militarizing Germany for years - I shudder to think what would have happened if nobody had confronted the Germans. They would've ruled all of Europe save for Britain and part of Russia (and how long could Russia have held out without the allies opening up a front to the west in France?). They would've held north Africa and probably the entire middle east and its oil. German scientists most likely would have developed the atomic bomb - and along with the burgeoning German rocket program, they would have had ballistic missile capability before anyone else.

The world would be a very dark place without the necessary confrontation that was WW II...

[rokid]

grandma wrote: Spaf - in your duty-time, a lot of our citizenship was certainly led astray by the anti-war movement and followed their lead blindly, unhesitantly. I was a big Vietnam War advocate in college. If we didn't win there we'd have to fight in California...etc. etc.

Then I got drafted..... I served my country, but Vietnam was a huge screwup. I came home a veteran with a college degree, but no one would hire me. Something about "baby killers..." and it wasn't protesters making the hiring decisions.

I think it's interesting that politicianswho didn't serve,feel free to attack the heroswho did serve, i.e. McCain (R), Kerry (D), Stockdale (I), and Cleland (D).

Finally, cutting the VA Benefitsfor Iraq veterans, money for tax cuts, but not for body armor (my wife's co-worker bought body armor for herson that was deployed to Iraq, duh) -At least we got everything we needed during Vietnam! --- You got to be kidding me.

End of rant.:^

rokid wrote: . I came home a veteran with a college degree, but no one would hire me. Something about "baby killers..." and it wasn't protesters making the hiring decisions.
Another agreement, rokid - total agreement! But I still find it hard to believe that the above happened (not denyiny it did - just still in shock that it did! Ok, I expect anything from the politicians but from the public is another thing all together).
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[Birchtree]

Rokid,

That's why I stayed in the closet for 15 years - Ronald Reagan brought me out. And now that I'm out for good I don't mind offering my opinion - kill all the radical islamic Mullahs that preach hatred. Send them all to Hell.

Birchtree wrote: Rokid,
That's why I stayed in the closet for 15 years - Ronald Reagan brought me out............
Birchtree, I don't have a clue what you mean by the above statement. If it's not too complicated could you explain it for me?

[rokid]

WW,

Well it suprised me too!

Disgusted, I gave up on the private sector, took the Civil Service exam, and went to work for Uncle Sam. No regrets.I've had a good career.

However, IMHO, we should only go to war as a last resort,spare no expense to equip the troops andcare for the wounded - physically and mentally, and honor the veterans. No guns and butter. Just guns! Everyone sacrifices. Not just the military.

P.S. Did you ever read Neil Sheehan's A Bright Shining Lie, John Paul Vann and America in Vietnam? Apparently the politicians knew we couldn't win the war before Tet in 1968. However, no one wanted to be theone who lost Vietnam. Consequently, kids I went to high school with, kids I played football with, and my Babe Ruth League catcher (I was the pitcher) were killed in Vietnam so politicians could save face.

I see this same madness happening again.:(

End of my last rant on this subject.

[Birchtree]

Wonder Woman,

Sometimes prudence is the better part of valor. When I came home in July 1969 I decided I would try to avoid confrontation so I would be less tempted to hurt myself and anyone else. Those were cruel times - and I had to get a job and get educated in the process. Peace be still was the best choice.

One of my first jobs while in school was working the night shift at a University infirmary acting as a medical person providing secondary security function to stop kids from breaking in to steal drugs. My medical function ended up being a baby sitter helping kids my age through bad LSD trips. Timothy Leary ruled - SDS was active. Had to read a couple of books about blue cheer to be useful. As the Beetles say - those were the days. I earned the combat medical badge while in Vietnam and wore it again for the first time in 1985. Yes those were the days - and I thank Ronald Reagan for giving me back my pride and helping restore my honor.

Dennis

Birch, If you don't mind, could you explain what Ronald Reegan had to do with anything you went thru?

[Birchtree]

Wonder Woman,

Ronnie was the first or one of the first prominent politicians to state that serving ones country in a time of war was an honorable cause. He was talking specficially about Vietnam and the pain that most of us felt - remember he beat Yellow Back Jimmy. I used to be a democrat for many years - it was a liberal democrat war - save the world kind of thing. I did what I was asked to do and didn't complain much. But when Jimmy gave all the draft dodgers amnesty That is where I drew the line - and from that point on I became a born again REPUBLICAN and proud of it ever since. There are probably thousands of my compatriots who have experienced the same emotion and changes. Hope this helps you to understand - I will never vote for a democrat.

I remember one time after being back when I was standing in line to renew my drivers license. There was a local politician walking the line shaking hands and on occassion subtely castigating some who said they weren't going to vote - you dip wad it's your american duty. When he got to me he asked the question - was I going to vote - I told him no and when he didn't have sense enough to walk on decided to ask me why not. I told the dumb **** head that I had earned the right not to vote if I didn't want to - and then he said what did I mean- I told him I was a Vietnam Veteran - and the skunk turned and walked away. Peace be still.

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[Mike]

Vietnam is a prime example of what happens when the military is used / abused as an exercise in "ticket punching" / managed by politicians and bureaucrats.

If you want the full story, just read "About Face" - I cannot recommend that book strongly enough.

[cowboy]

Mmmm interesting post Birchtree? I basically vote because of hard ticket people such as yourself. Thecold war started the Vietnam era and was brought to the front of attention by a Republican by the name of Joseph R McCarthy, a flambouyant hollywood type who loved attention in the 50's. Although the war didn't start until 1965.No one wantedto beknown as a Communist or soft on them. The press and politics took it from there. Maybe that is why ironically it took anotherhollywood type in Ronnie to correct the situation. To discriminate against someone because of political party is basically the same as discrimination because of religion, color and race. Yet it happens all the time in government, maybe this is why government can not seem to get on track.

[Spaf]

rokid wrote: P.S. Did you ever read Neil Sheehan's A Bright Shining Lie, John Paul Vann and America in Vietnam? Apparently the politicians knew we couldn't win the war before Tet in 1968.

I see this same madness happening again.:(

End of my last rant on this subject.


I served under John Paul. He knew what it would take to win, they listened, but then went about their merry way of lying and deception. The VN locals were pissed at everybody. Gradually, the media turned against the war. The bad things made dailynews, along with the body count. The media turned against the war.
The draft to a combat unit was very close to a death warrant. The collage crowd could see the writing on the wall. The anger against the warboiled over to everone in uniform.Those that served paid a terrible price. Being ostracized at home was no fun. It was better to stay in the closet. At least you wouldn't be spit on. They had served their country, only to return home to be mocked.

Excuse me, every once in a while I have to open the closet door, and declare that honesty is needed, along with some compasion for those that serve. After VN some honesty took hold, after all the lies. I'm glad to see that there is compasion for those that now serve.

May G_d protect them!