Gyroscopic Investing

Don wrote: ↑Sat Feb 19, 2022 7:26 am Big yawn until they start giving out Sony Trinitons again.

jhogue wrote: ↑Thu Feb 24, 2022 7:56 pm

Don wrote: ↑Sat Feb 19, 2022 7:26 am Big yawn until they start giving out Sony Trinitons again.

I must be older than you are. Until inflation set in during the late 1960s, I recall that toasters and coffee pots were the "free" bank giveaway of choice.

Don wrote: ↑Fri Feb 25, 2022 1:32 pm

jhogue wrote: ↑Thu Feb 24, 2022 7:56 pm

Don wrote: ↑Sat Feb 19, 2022 7:26 am Big yawn until they start giving out Sony Trinitons again.

I must be older than you are. Until inflation set in during the late 1960s, I recall that toasters and coffee pots were the "free" bank giveaway of choice.

My folks got a Sony Trinitron TV from Crossland Savings Bank. It was very heavy!

Don wrote: ↑Sat Feb 26, 2022 11:08 am
It was forever ago and I was a kid. Don't remember.

jhogue wrote: ↑Wed Feb 09, 2022 1:22 pm Bitcoin is speculation, pure and simple. If you want to put it in the VP with money you can afford to lose, go right ahead. But right now, the cryptocurrencies remind me of tech companies before 2000 or railroads after the Civil War: a few of them survived, but even they are in substantially different forms. No one knows for sure which ones will be winners and which will be losers.

I bonds, on the other hand are Treasury-issued debt, with much better tax treatment than Warren Buffett can get with his $100 billion+ stash of Treasurys. Like their New Deal cousin, Social Security, savings bonds (in different series) were around more than 30 years ago, and I would bet that they will be around 30 years from now.

Besides, Superman endorsed savings bonds as part of Truth, Justice, and the American Way.
(See the fun episode on youtube)

jhogue wrote: ↑Fri Dec 16, 2022 1:40 pm

jhogue wrote: ↑Wed Feb 09, 2022 1:22 pm
Bitcoin is speculation, pure and simple. If you want to put it in the VP with money you can afford to lose, go right ahead. But right now, the cryptocurrencies remind me of tech companies before 2000 or railroads after the Civil War: a few of them survived, but even they are in substantially different forms. No one knows for sure which ones will be winners and which will be losers.

I bonds, on the other hand are Treasury-issued debt, with much better tax treatment than Warren Buffett can get with his $100 billion+ stash of Treasurys. Like their New Deal cousin, Social Security, savings bonds (in different series) were around more than 30 years ago, and I would bet that they will be around 30 years from now.

Besides, Superman endorsed savings bonds as part of Truth, Justice, and the American Way.
(See the fun episode on youtube)

Cryptocurrencies are looking more speculative than even I had imagined. Would you want to park your hard-earned Cash with Scam Bankster-Fraudman in an account in the Bahamas?

jhogue wrote: ↑Fri Dec 16, 2022 1:40 pm

jhogue wrote: ↑Wed Feb 09, 2022 1:22 pm Bitcoin is speculation, pure and simple. If you want to put it in the VP with money you can afford to lose, go right ahead.
<snip>
Besides, Superman endorsed savings bonds as part of Truth, Justice, and the American Way.
(See the fun episode on youtube)

Cryptocurrencies are looking more speculative than even I had imagined. Would you want to park your hard-earned Cash with Scam Bankster-Fraudman in an account in the Bahamas?

Hal wrote: ↑Wed Dec 21, 2022 1:05 pm

jhogue wrote: ↑Fri Dec 16, 2022 1:40 pm

jhogue wrote: ↑Wed Feb 09, 2022 1:22 pm
Bitcoin is speculation, pure and simple. If you want to put it in the VP with money you can afford to lose, go right ahead.
<snip>
Besides, Superman endorsed savings bonds as part of Truth, Justice, and the American Way.
(See the fun episode on youtube)

Cryptocurrencies are looking more speculative than even I had imagined. Would you want to park your hard-earned Cash with Scam Bankster-Fraudman in an account in the Bahamas?

Classic! Happy I found this thread
How could you possibly buy Crypto after watching this..
https://www.youtube.com/watch?v=zVxe0CCsH5M