|
UniversalParadox
Stranger Than Fiction

Registered: 01/16/09
Posts: 397
Loc: Placement
Last seen: 12 years, 7 months
|
I have $33,000
#14458690 - 05/15/11 08:05 PM (12 years, 9 months ago) |
|
|
But most of it is in silver. 2/3 of it is in silver. Some gold. And then there's the cash.
If silver goes back up to $50, I'll have $40,000+.
I'm stocked up on all personal hygiene supplies, household supplies, clothing and food. Lots of things 4+ years.
I get $200 in food stamps. I'll be getting unemployment soon.
I have no job and no education, what should I do?
How much education and money to start a mushroom farm?
What about starting a store and going all crazy eddie?
-------------------- xM�� � �V� �c�R��H�P
|
kelpfish
Stranger

Registered: 04/17/10
Posts: 440
Last seen: 12 years, 8 months
|
|
Scrap Metal.
|
kelpfish
Stranger

Registered: 04/17/10
Posts: 440
Last seen: 12 years, 8 months
|
Re: I have $33,000 [Re: kelpfish]
#14458742 - 05/15/11 08:13 PM (12 years, 9 months ago) |
|
|
You say 33K in silver But its probly half not if not less
When you sell silver gold they look at purity of it rather then the weight
if you ever sell copper they mark it Grade 1, 2, 3
1 being the Best Grade you can get and the most $ for the weight
Silver runs sorta the same lines you won't be getting 33,000$ unless your getting it bought straight to a refinery.
No Local Scrap yard or Jeweler Is going to pay you that price.
|
Mush 4 Brains
about tree fiddy


Registered: 12/19/07
Posts: 8,298
Loc: Tacos
|
Re: I have $33,000 [Re: kelpfish]
#14458777 - 05/15/11 08:19 PM (12 years, 9 months ago) |
|
|
Why would he try to sell his silver? To get back a higher amount of fiat money. Silver and gold are more for preserving wealth than an investment.
|
kelpfish
Stranger

Registered: 04/17/10
Posts: 440
Last seen: 12 years, 8 months
|
|
I had silver coins from the states for years I sold one 10 years ago got around $48 USD for it
I sold one in 2010 in the summer and got $84 for "One"
I can just imagine the price in the next 10-15 years And all only be in my early 30's Save those coins lol
It is nothing BUT an investment.
|
UniversalParadox
Stranger Than Fiction

Registered: 01/16/09
Posts: 397
Loc: Placement
Last seen: 12 years, 7 months
|
Re: I have $33,000 [Re: kelpfish]
#14459001 - 05/15/11 08:50 PM (12 years, 9 months ago) |
|
|
No Kelpfish, $33,000 total(Gold+Silver+Cash) at spot price right now.
About half of my silver is 999...coins and bars. I already know I can get over spot price on most of the coins.
-------------------- xM�� � �V� �c�R��H�P
|
ben_dover0802
shroom addict


Registered: 09/21/08
Posts: 648
Last seen: 7 years, 9 months
|
|
My question to you is why you have more money than me, and collect food stamps and unemployment?!
I think all the information you need is here for growing mushrooms if you are willing to commit the time and effort. I think 30 grand should cut it to create a small legitimate farm. Other than that,just need a good business plan and to get the paperwork figured out. If that is your passion, you should really look into it more at a local level - It sounds like a sweet job to me.
|
treewood69
person



Registered: 05/15/09
Posts: 606
Loc: omicron persei 8
Last seen: 8 years, 20 days
|
|
breed rabbits I know a guy who does and he makes killer money.
-------------------- I have enough cents to know I dont have any sense
|
ClammyJoe
Azurescen Head



Registered: 11/03/05
Posts: 3,691
Loc: PNW
Last seen: 11 years, 2 months
|
|
OP I'm in a similar boat. I might even use my money to buy a boat 
Quote:
Mush 4 Brains said: Why would he try to sell his silver? To get back a higher amount of fiat money. Silver and gold are more for preserving wealth than an investment.
Nigga needs liquidity to raise more capital dawg.
Quote:
ben_dover0802 said: My question to you is why you have more money than me, and collect food stamps and unemployment?!
The Welfare State known as Merica.
|
UniversalParadox
Stranger Than Fiction

Registered: 01/16/09
Posts: 397
Loc: Placement
Last seen: 12 years, 7 months
|
|
I'm thinking about trying some things...but I have to start reading and stop smoking.
Right now makes a good time. I think within two years, PMs will be making new highs, and if not, I still made money.
-------------------- xM�� � �V� �c�R��H�P
|
Groovy Grant

Registered: 07/31/00
Posts: 6,635
Loc: TX
Last seen: 1 month, 17 days
|
|
IN real terms, gold and silver are 40% below their all time highs reached in 1980. I would diversify your investments, even just to the point of purchasing interest and dividend bearing investments. Things that will provide a stream of revenue. You can let them DRIP, or use the money to supplement your income, or both.
Shiny metals will continue to be shiny metals and provide no real hedge against inflation.
|
Jack Dempsy
Stranger

Registered: 04/04/11
Posts: 10
Last seen: 12 years, 8 months
|
|
i'm not ready to hedge my bets against the devaluation of the dollar. i feel like the silver bubble has already or is very near approaching its limits.
-------------------- sup brah?!
|
zorbman
blarrr


Registered: 06/04/04
Posts: 5,952
|
|
Quote:
ben_dover0802 said: My question to you is why you have more money than me, and collect food stamps and unemployment?!
He's a piker compared to this guy!
Leroy Fick, Millionaire Lottery Winner, Still Using Food Stamps
Leroy Fick, a Michigan man who won $2 million in the state's lottery, has sparked outrage after he admitted earlier this week that he still uses food stamps.
Fick, 59, won $2 million last year on "Make Me Rich!," a Michigan lottery television show. He drives an Audi convertible but still uses the Michigan Bridge Card, an electronic food stamps card.
WNEM-TV broke the story when reporter Bill Walsh confronted Fick at his home. In the video, Fick says, "I think it's fair because of the way they took the taxes."
The Michigan Department of Human Services said that Fick's lump-sum payment does not count as income so he is still able to collect benefits.
The Detroit Free Press reports that Michigan lawmakers are working quickly to revise the rules so Fick will no longer be able to use food stamps.
http://www.huffingtonpost.com/2011/05/19/leroy-fick-lottery-winner-food-stamps_n_864113.html
-------------------- “The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.” -- Rudiger Dornbusch
|
Mush 4 Brains
about tree fiddy


Registered: 12/19/07
Posts: 8,298
Loc: Tacos
|
|
Quote:
Groovy Grant said: IN real terms, gold and silver are 40% below their all time highs reached in 1980. I would diversify your investments, even just to the point of purchasing interest and dividend bearing investments. Things that will provide a stream of revenue. You can let them DRIP, or use the money to supplement your income, or both.
Shiny metals will continue to be shiny metals and provide no real hedge against inflation.
You say that now, but wait till qe3 comes and it takes a wheel barrel of US dollars to buy a loaf of bread. Paying for groceries in gold and silver coins.
Edited by Mush 4 Brains (05/22/11 01:15 PM)
|
UniversalParadox
Stranger Than Fiction

Registered: 01/16/09
Posts: 397
Loc: Placement
Last seen: 12 years, 7 months
|
Re: I have $33,000 [Re: zorbman]
#14496454 - 05/22/11 09:58 PM (12 years, 9 months ago) |
|
|
Quote:
zorbman said:
Quote:
ben_dover0802 said: My question to you is why you have more money than me, and collect food stamps and unemployment?!
He's a piker compared to this guy!
Leroy Fick, Millionaire Lottery Winner, Still Using Food Stamps
Leroy Fick, a Michigan man who won $2 million in the state's lottery, has sparked outrage after he admitted earlier this week that he still uses food stamps.
Fick, 59, won $2 million last year on "Make Me Rich!," a Michigan lottery television show. He drives an Audi convertible but still uses the Michigan Bridge Card, an electronic food stamps card.
WNEM-TV broke the story when reporter Bill Walsh confronted Fick at his home. In the video, Fick says, "I think it's fair because of the way they took the taxes."
The Michigan Department of Human Services said that Fick's lump-sum payment does not count as income so he is still able to collect benefits.
The Detroit Free Press reports that Michigan lawmakers are working quickly to revise the rules so Fick will no longer be able to use food stamps.
http://www.huffingtonpost.com/2011/05/19/leroy-fick-lottery-winner-food-stamps_n_864113.html
I'd still use mine if I won $2 million.
-------------------- xM�� � �V� �c�R��H�P
|
2jew4u
Stranger
Registered: 04/07/11
Posts: 1,014
Last seen: 12 years, 6 months
|
|
Go Crazy Eddie, and make a couple million- Just dont get caught in Israel :P
|
Terillius
Renaissance Man


Registered: 07/21/06
Posts: 1,301
Loc:
Last seen: 3 years, 1 month
|
|
You told yourself what to do with it in your post!
Have $33K. Don't have education. GET EDUCATION! That's an associates degree easy. Bachelor's with that unemployment and a loan or two.
|
DieCommie

Registered: 12/11/03
Posts: 29,258
|
|
You can get a bachelor's for under 33k. Mine cost less than 20k.
|
2jew4u
Stranger
Registered: 04/07/11
Posts: 1,014
Last seen: 12 years, 6 months
|
|
I would just get the Loans to get a degree if you were going to do that.(which is a good idea) you can get fafsa loans at almost no intrest.
|
MisterMuscaria



Registered: 05/13/08
Posts: 27,646
Loc:
|
|
Quote:
UniversalParadox said:
Quote:
zorbman said:
Quote:
ben_dover0802 said: My question to you is why you have more money than me, and collect food stamps and unemployment?!
He's a piker compared to this guy!
Leroy Fick, Millionaire Lottery Winner, Still Using Food Stamps
Leroy Fick, a Michigan man who won $2 million in the state's lottery, has sparked outrage after he admitted earlier this week that he still uses food stamps.
Fick, 59, won $2 million last year on "Make Me Rich!," a Michigan lottery television show. He drives an Audi convertible but still uses the Michigan Bridge Card, an electronic food stamps card.
WNEM-TV broke the story when reporter Bill Walsh confronted Fick at his home. In the video, Fick says, "I think it's fair because of the way they took the taxes."
The Michigan Department of Human Services said that Fick's lump-sum payment does not count as income so he is still able to collect benefits.
The Detroit Free Press reports that Michigan lawmakers are working quickly to revise the rules so Fick will no longer be able to use food stamps.
http://www.huffingtonpost.com/2011/05/19/leroy-fick-lottery-winner-food-stamps_n_864113.html
I'd still use mine if I won $2 million. 
Damn right he should be able to use those. They probably took like 400,000 from him in taxes!
|
|