Thread: Birchtree's Account Talk

Originally Posted by nnuut

I think it was GTO1970 before McDuck.

It was Corvette!

Originally Posted by Birchtree

Tom doesn't like us to trash ignorant Democrat politicians on this MB.

Too bad, it's always fun to read

The stock market is often regarded as a discount mechanism for the future. If that is true then when James Altucher says he believes QE2 hasn't yet hit the economy, but will in coming months, then much, much, better days are ahead for the market. I'm staying with the program because 3 of 3 of 3 and the point of recognition could be straight ahead and provoke a powerful rally to new all time highs - making me wealthy.

Originally Posted by Birchtree

making me wealthy.

By most people's definition, you already are!

I guess it's just a matter of degree...

Well I still send my wife to work everyday, I use coupons at the grocery and I do my own yard work. When I hit the $4M I'll be more comfortable. And as long as I continue to invest with my long term strategy I'll make more money. The rich get richer because they continue to do things that make them rich. When I hit the $3M I'm forcing my wife to terminate her employment. She has a defined contribution retirement plan that will be making $27K a point going forward. Then the big adventure begins.

Originally Posted by Birchtree

Well I still send my wife to work everyday, I use coupons at the grocery and I do my own yard work. When I hit the $4M I'll be more comfortable. And as long as I continue to invest with my long term strategy I'll make more money. The rich get richer because they continue to do things that make them rich. When I hit the $3M I'm forcing my wife to terminate her employment. She has a defined contribution retirement plan that will be making $27K a point going forward. Then the big adventure begins.

I always said the rich get rich and stay rich by penny pinching. I've never met a rich person that doesn't account for every penny. Not saying they are stingy Just saying they are frugal. There are many very generous rich people.

http://www.safehaven.com/article/208...-theory-update

http://www.safehaven.com/article/208...of-recognition

Well it seems that recent buyers of gold and silver ETFs stepped into a bull trap. This could be some final capitulation on the close. We could get a nice surprise on the NFP number tomorrow to the upside - otherwise the Fed will start leaning toward a QE3.

I'm ready for my afternoon nap - perhaps Mindylou will join me. Margin requirements are killing the silver trade - so be it. This consolidation is cleansing the market for a healthier summer trading event. Keep those sticky pants on - wait this silliness out. Actually this is quite fun - it's never fun to bleed alone. And the street is turning red.

Originally Posted by Birchtree

.....it's never fun to bleed alone. And the street is turning red.

Yur not alone amigo, TRUST ME!

Remember that antiseptic spray for kids that came out in the 80's? - It cleaned wounds AND made the pain go away?
Birch, you're ouchie spray for TSP Talk....keep us all optimistic buddy so noone passes out!