Ferd149

No $hit. I've seen numerous threads closed for a lot less politics than this one. Guess there are lots of things in this world "too big to fail"

fartboxflyer

Anyone making less than around 36K DOESN'T PAY INCOME TAX. They still can freely vote in socialists like obama. The fair tax mitigates this fact( complaint by the left) by giving cash to those that would not be taxed anyway. The real issue here is that there is 25-30% worth of tax worked into every item you buy. This would cause prices to drop by the same margin (whats left of a free market) hence making the fair tax a better deal for all.
Read the fair tax book, easy read and cuts to the chase. The reason it won't fly is it takes too much power away from politicians, and gives power back to the people.
Hard sell to the voters because most went to gov't schools that stopped teaching economics and capitalism a LONG TIME AGO

hoserpilot

If you think taking an hour or two as active than this may be too much work for ya!!! Takes me 30 minutes a month. 20 minutes for sunday bookkeeping and 10 minutes on monday to buy stock and do my calls and puts. Captains may take an hour because they have more money and need to do more trades.

80ktsClamp

Seriously guys.. chill with the political stuff. I don't care who posts the next one, but it's getting deleted.

In reference to the Rebecca Black song, something a bit more tasteful:

DAL 88 Driver

That has been my overall average cash flow yield per year. Some years have been slightly higher than that and some have been slightly lower... like plus or minus a couple percent. I've been very pleased with the consistency and feel this is one of the greatest benefits of the method. In 2008, when the market was melting down big time, I had a 15% yield in my 401k and an 11% yield in my DC Plan. I have never realized any losses.

"Actively involved" is not the way I would classify my level of involvement at all. I have 5 accounts that I manage with the method (including my DPSP/401k and my DC Plan). You only trade this method one day each month. It's on the Monday following the third Friday (the third Friday is the day option contracts expire). It takes me about an hour on Sunday evening to do bookkeeping to get ready for trading on Monday. And then it takes me about 1 1/2 hours on Monday to actually run through the checklist and do the trades... followed by about another 45 minutes of bookkeeping to wrap things up. So all totaled, my Oklahoma public school education tells me this is a grand total of 3:15 per month. I like that I don't have to do anything else or even pay attention to it the rest of the time.

The method is not perfect. There's no such thing as a perfect investment method. If you consider it, just make sure you have a good, solid understanding of what it is, what it is not, and whether or not it fits in with your objectives, tolerance for risk, and temperament. I think Snider's web site does a pretty fair and balanced job of presenting the pros and cons. There's a lot of material there and you should be able to find what you need to help you figure out whether or not it is right for you.

Hope that helps.

newKnow

Guys, 80 loves us all, but don't **** him off....

forgot to bid

Okay, if we're going to not not talk about politics then let me interject a story from my ER days.

Headed south out of JFK to GRU. Very extroverted Captain looked at me as he comes up off second break and said what do you want to talk about? Sex, politics or religion?

So for a second it looked like this in the cockpit except replace the beers with control yokes, that's me on the left, and keep the neon sign and the over the hill waitresses...



So he said and I'm not exaggerating and it was about this fast: "okay, I'll start. First, there is no God. Bush belongs in the Hague. And my son's girlfriend has the nicest ***, I know they're out there having sex in the car in the driveway so I told him from now on just to go upstairs, man I wish I could be him."

Me...



I don't think I got anything more than a grunt of some sort in that conversation.

forgot to bid

NWA emblem? Something happen?

Ferd149

.............

forgot to bid

This help?



And to be fair and balanced, on both sides, no matter what George Soro's illegal Media Ma... whoops. Just fair and balanced, fair and balanced...