Home Precious Metals

How can you determine if your stacking dollars was successful?

derrybderryb Posts: 36,013 ✭✭✭✭✭
edited April 27, 2022 8:23AM in Precious Metals

Question was inspired by another thread and coho doesn't have to answer if he thinks any are too hard. There is no right or wrong answer:

How can you determine if your stacking dollars was successful when they are constantly worth less than they were before?

"Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

Comments

  • carew4mecarew4me Posts: 3,459 ✭✭✭✭


    Loves me some shiny!
  • tincuptincup Posts: 4,721 ✭✭✭✭✭

    I have enough available to convert to gold and silver if/when I want to.

    ----- kj
  • cohodkcohodk Posts: 18,493 ✭✭✭✭✭

    Im flattered.💋💋

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • blitzdudeblitzdude Posts: 5,278 ✭✭✭✭✭
    edited April 27, 2022 6:53PM

    Enough cash so I can have unimitated hookers and blow until I gasp me last breath! RGDS!!!

    The whole worlds off its rocker, buy Gold™.

  • PerryHallPerryHall Posts: 45,189 ✭✭✭✭✭

    @blitzdude said:
    Enough cash so I can have unimitated hookers and blow until I gasp me last breath! RGDS!!!

    I'm almost afraid to ask but what's an "unimitated hooker"? :o

    Worry is the interest you pay on a debt you may not owe.

  • taxmadtaxmad Posts: 960 ✭✭✭✭

    @PerryHall said:

    @blitzdude said:
    Enough cash so I can have unimitated hookers and blow until I gasp me last breath! RGDS!!!

    I'm almost afraid to ask but what's an "unimitated hooker"? :o

    See crew4me’s post above…

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @PerryHall .... I believe he meant 'unlimited'..... :D Cheers, RickO

  • RobMRobM Posts: 524 ✭✭✭

    No, I'm pretty sure he did mean "unimitated". After all, isn't that how the expression goes?... Imitation is the sincerest form of fellatory?

  • blitzdudeblitzdude Posts: 5,278 ✭✭✭✭✭

    @ricko said:
    @PerryHall .... I believe he meant 'unlimited'..... :D Cheers, RickO

    Cheers @Ricko, you are exactly right. ENJY!

    The whole worlds off its rocker, buy Gold™.

  • Downtown1974Downtown1974 Posts: 6,668 ✭✭✭✭✭

    I’m not having much success stacking dollars. 0.10% interest on my savings account from my credit union. Two months ago I was charged a dormant account fee. I never withdraw money from that account. Pissed me off just on principal. Stacking gold makes me much happier.

  • jmski52jmski52 Posts: 22,263 ✭✭✭✭✭

    I'm almost afraid to ask but what's an "unimitated hooker"? :open_mouth:

    Well, I suppose that there's imitation hookers and then there's the real thing. Accept no imitations.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 18,493 ✭✭✭✭✭

    .> @Downtown1974 said:

    I’m not having much success stacking dollars. 0.10% interest on my savings account from my credit union. Two months ago I was charged a dormant account fee. I never withdraw money from that account. Pissed me off just on principal. Stacking gold makes me much happier.

    One year CDs are over 1.7%. Talk to your bank. One year t-bills are over 1.7%. Talk to your broker.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • cohodkcohodk Posts: 18,493 ✭✭✭✭✭

    @jmski52 said:
    I'm almost afraid to ask but what's an "unimitated hooker"? :open_mouth:

    Accept no imitations.

    Quite ironic in a thread intended to imitate. ROTFLMAO!!!

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,013 ✭✭✭✭✭

    Digital "I" bonds are paying 7.12%. Talk to your Treasury Direct website.

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • jmski52jmski52 Posts: 22,263 ✭✭✭✭✭

    Quite ironic in a thread intended to imitate. ROTFLMAO!!!

    You only repeated 1/2 of what I said. What don't you understand about tongue-in-cheek?

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • RobMRobM Posts: 524 ✭✭✭

    @derryb said:
    Digital "I" bonds are paying 7.12%. Talk to your Treasury Direct website.

    Going up to 9.62% on May 1. For anyone having extra savings that they won't need for a year, and optimally 5 years, this is a no brainer.

  • carew4mecarew4me Posts: 3,459 ✭✭✭✭

    @RobM said:

    @derryb said:
    Digital "I" bonds are paying 7.12%. Talk to your Treasury Direct website.

    Going up to 9.62% on May 1. For anyone having extra savings that they won't need for a year, and optimally 5 years, this is a no brainer.

    Could rise higher yet


    Loves me some shiny!
  • RobMRobM Posts: 524 ✭✭✭

    @carew4me said:

    Could rise higher yet

    They could. But even 5% today would blow away other low risk forms of investment. People need to keep in mind that the decision to buy I series bonds now shouldn't be predicated upon possibility even higher yields. (I am not suggesting that you were insinuating that, but I know that some people will think that because they are not familiar with how these particular bonds work). I series bonds should be bought now, as in today. It's not like a CD or other bonds where you lock in a rate which may influence a decision to hold off on tying up your money in the event rates go higher. Buy all the I bonds you can afford (up to $10K per SS#) for yourself, your spouse (or spouses in my case), children, and pets (as long as they have a legitimate SS# [German Shepherds are eligible, but I heard Pekingese and Chihuahuas are not]).

  • blitzdudeblitzdude Posts: 5,278 ✭✭✭✭✭

    @derryb said:
    Digital "I" bonds are paying 7.12%. Talk to your Treasury Direct website.

    The gutter continues to pay negative yields. Talk to @Derrby. SMH

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,013 ✭✭✭✭✭

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • cohodkcohodk Posts: 18,493 ✭✭✭✭✭

    @jmski52 said:
    Quite ironic in a thread intended to imitate. ROTFLMAO!!!

    You only repeated 1/2 of what I said.

    Isnt that what ALL the media (mainstream, little stream, tributary, brook, creek, canal, drainage, etc,) do?

    Welcome to the new America.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • BobSavBobSav Posts: 913 ✭✭✭

    @Bochiman said:
    If I can buy twitter

    I heard he could have bought all the outstanding COMEX contracts for 1/10 of what he paid for Twitter.

    Past transactions with:
    Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,749 ✭✭✭✭✭

    16 grandchildren later: there goes my stack. Crumb snatchers :rage:

  • SoldiSoldi Posts: 2,013 ✭✭✭✭✭

    I just flossed my teeth jeez I feel good.

  • cohodkcohodk Posts: 18,493 ✭✭✭✭✭

    Dollars are being used to accumulate more assets than 6 months ago. Success.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

Sign In or Register to comment.