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Old 10-08-2019, 11:46 AM   #71
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Originally Posted by Janjim View Post
Wrong again.


Why?
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Old 10-09-2019, 04:00 AM   #72
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Originally Posted by mrsportys View Post
Why?
There may be some FIFs that work that way. Not ours.

Many only take a small % of the gains that are made. So the more they make for you the more they make.

Some like ours are a supplied service that's a perk of my wife's job and have never taken anything in 10 years. and will not.
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Old 10-09-2019, 01:11 PM   #73
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Originally Posted by Janjim View Post
There may be some FIFs that work that way. Not ours.

Many only take a small % of the gains that are made. So the more they make for you the more they make.

Some like ours are a supplied service that's a perk of my wife's job and have never taken anything in 10 years. and will not.
While I was working, I got free investment planning services through my job, like your wife. Now I get long term investment management through the same company for a small percentage of my total investment. The more money I have, the more the manager makes. He listens well to our risk comfort and meets our needs. It has worked very well so far, but it is an up market so I know it wonít last forever. However there is a minimum investment amount.
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Old 10-12-2019, 12:29 PM   #74
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Corn was up 17 cents Friday
Soybeans 15 maybe
Wheat up

Our IRAs were way up last week.
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Old 10-12-2019, 09:54 PM   #75
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Ask yourself how a recession affects you and your family?

For us the answer is it doesnt.

Thats a good feeling to have.
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Old 10-14-2019, 08:36 PM   #76
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Recession? Yes it's coming, when I can't say for sure maybe next week or next year. Make your lifes plan and let go of worry. Revisit your plan as much as you need for a good night's sleep or annual checkup, which ever works for you.
Be prepared, opportunity is on its way.
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Old 10-14-2019, 09:05 PM   #77
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Most wont even know it If it does. Click image for larger version

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Old 10-15-2019, 03:36 PM   #78
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It amazes me how many people make RV payments!!!


Just curious what kind of RV do you own? I donít see it posted.
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Old 10-19-2019, 12:39 AM   #79
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Just curious what kind of RV do you own? I don’t see it posted.
According to this post he has a Thor 26B
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Old 10-21-2019, 11:39 AM   #80
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Tough times ahead?

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Originally Posted by TCHB View Post
It amazes me how many people make RV payments!!!


I would think most people do. Not many have enough cash to just write a check for one of these things. I would think most people make payments on cars, which cost a lot less.
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Old 10-24-2019, 04:26 PM   #81
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Most people that can write a check for an RV.
Have that cash because for them
Cash is king.
The Accumulation of cash over time takes great discipline and determination.
But to keep that cash earning $$$s
For you long term is very rewarding ???
I have been told ??? HaHa

Like many Farmers will tell you.
Its easy to borrow $s to buy a farm.
Working hard to make payments keeps one focused.
But to keep it after its all pd for is very Hard.
To sell it or leave it to family is harder because UNCLE Sam can take half of the proceeds if your not careful.
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Old 10-25-2019, 12:04 AM   #82
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Cash is King, always has been, always will be.

We pay cash for everything we buy.

Im not opposed to debt, we just dont have a need right now.

The only money my Grand Dad ever owed was the mortgage on the farm.

The only money my Dad ever owed was a mortgage and a car payment.

Neither of them had credit cards or any other consumer loans.
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