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Vanity - Since the election, what are you doing with your money?
11/20/2012 | 4everontheright

Posted on 11/20/2012 10:24:01 AM PST by 4everontheRight

I heard recently that a lot of "wealthy" Americans are selling off their wealth. I am not by any means "wealthy" but really, what does that mean? Government wealthy? Own my own home wealthy? Just wondered what FReepers are doing? Selling? Buying?


TOPICS: Business/Economy; Miscellaneous
KEYWORDS:
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To: Ellendra
I’ve been working very hard to scrape together about $20 for seeds this spring. That’s the extend of my spending money.

Do yourself a favor and harvest the seeds from your crops for the next year's plantings. I have been doing that for a few years and its saves a bunch of money and my harvests have gotten progressively better each year.

61 posted on 11/20/2012 12:13:05 PM PST by Go Gordon (It's barack hussein obama - because he doesn't believe in capitalism.)
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To: 4everontheRight

What money?


62 posted on 11/20/2012 12:20:10 PM PST by teletech (Say NO to RINOS!)
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To: JCBreckenridge

Think with your big head, big guy, think with your big head...


63 posted on 11/20/2012 12:27:00 PM PST by null and void (America - Abducted by Aliens...)
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To: 4everontheRight

Is there anyone here familiea with self directed IRA’s or willing to set up a mutual association to keep costs down?


64 posted on 11/20/2012 12:32:39 PM PST by PeterPrinciple ( (Lord, save me from some conservatives, they don't understand history any better than liberals.))
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To: PeterPrinciple

65 posted on 11/20/2012 12:34:07 PM PST by timestax (Why not drug tests for the President AND all White Hut staff ? ? ?)
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To: X-spurt

I have a few old silver coins.

You are right about the currency, I was going through my MIL’s stuff the other day and found some nice denomination Mexican coins, I looked them up on the internet and they are worthless because the Mexicans changed the currency.


66 posted on 11/20/2012 12:38:41 PM PST by tiki
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To: A_perfect_lady

Not bad idea!

Seeds too, except not sure how long they would still be viable.

Sure had hoped the USA would last longer than me. Would be a bitch to starve to death in the Land of milk and honey at 70.


67 posted on 11/20/2012 12:41:16 PM PST by X-spurt (It is time for OFF YOUR FEET and on the gravy-train)
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To: Beaten Valve

Good for you that you can lease out your building. Sounds like occupancy in LA is doing well.


68 posted on 11/20/2012 12:43:17 PM PST by Jane Long (Philippians 2:11)
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To: All
For those wishing to make their escape, here's a little video that shows how it's done:

http://www.youtube.com/watch?feature=player_detailpage&v=fioFJz1ON0I

69 posted on 11/20/2012 12:43:28 PM PST by Errant
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To: FastCoyote
"Took a third of money to Canada."

Interesting. Canada is and will be a big energy exporter--the kind of country that may do well in the future.

IMF considering loonie as reserve currency
http://freerepublic.com/focus/f-news/2961278/posts


70 posted on 11/20/2012 12:45:02 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: 4everontheRight

We are buying the best retreat in the mountains we can afford, setting it up with an off grid solar backup system, chickens and raised bed gardens. We are going Galt before the crash.


71 posted on 11/20/2012 12:46:09 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: archy

Heh... I kinda figured post #25 was yours, even before I scrolled down far enough to see the name.


72 posted on 11/20/2012 1:02:36 PM PST by Charles Martel (Endeavor to persevere...)
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To: Gaffer

Yes, but inflation could still make it worthless.


73 posted on 11/20/2012 1:03:27 PM PST by tiki
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To: null and void

actually, to be honest - right now it’s looking like it’s not going to work out, so next month I’ll be back on the Galt.


74 posted on 11/20/2012 1:03:37 PM PST by JCBreckenridge (They may take our lives... but they'll never take our FREEDOM!)
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To: Hoodat

Thank-you. I’m sorry to be so stupid about money. I understand from the videos that Goldman is getting a percentage for handling money. Is a T-bill the same as a T-bond? I understand that in order to borrow money, the government will have to pay interest. The government is offering, or is only willing to pay, a low interest rate to borrow money so no one wants to loan them money? So the government prints more money. Here’s the really stupid question: how does the government know how much money to print?


75 posted on 11/20/2012 1:03:43 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Errant

You can’t bug out very far on a river.


76 posted on 11/20/2012 1:07:03 PM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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To: 4everontheRight

Enjoying it, same as before.


77 posted on 11/20/2012 1:07:51 PM PST by discostu (Not a part of anyone's well oiled machine.)
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To: familyop

Actually, Canada is not a great place to put your money. All it takes is one socialist administration and they’ll be right back where they were.

The US is still a better bet than Canada, just from looking at the demographics.


78 posted on 11/20/2012 1:08:20 PM PST by JCBreckenridge (They may take our lives... but they'll never take our FREEDOM!)
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To: 4everontheRight

Would it be better to retire in 2012, before the taxes go up?


79 posted on 11/20/2012 1:10:19 PM PST by Eva
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To: real saxophonist
What money?

Exactly. No one is hiring older guys either.

Enjoy the bird Sax!

80 posted on 11/20/2012 1:11:43 PM PST by MileHi ( "It's coming down to patriots vs the politicians." - ovrtaxt)
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