Forum Support Old55 Posted November 1, 2012 Forum Support Posted November 1, 2012 You would see a lot of us exiting these water for cheaper more tumultuous destinations. any suggestions of what or where these places are? Dominican Republic today and perhaps soon North Korea. Link to comment Share on other sites More sharing options...
Mike S Posted November 1, 2012 Posted November 1, 2012 Won't have to move anywhere ..... China ... once they get a foot hold in the Spratly Islands will be marching through Manila the following month .... damn ... guess I'll have to learn Chinese as they won't want to speak English .... :mocking: 2 Link to comment Share on other sites More sharing options...
i am bob Posted November 2, 2012 Posted November 2, 2012 Whew! Thanks Mike! I already know a little Chinese so that will make life easier for me... What's for breakfast? Stinky Tofu and Rice!!! (Let me see.... Moving next to...) :mocking: Link to comment Share on other sites More sharing options...
Dr. Cockroach Posted November 4, 2012 Posted November 4, 2012 OnMyWay, 41 is still over 40? Besides, I would never touch FOREX unless I am willing to lose! You can't predict it. I would just keep enough cash to live off for 5 years in pesos and dollars and leave the rest in dividends growth income stocks? Nothing is wrong with getting some sweet dividends while your principle grows? Does it matter to me not being a multi millionaire when I am retired? Nope! I sure hope it stops at 41 and turns around. The U.S. election might make it change direction but who knows? I played the currency market years ago, for a short time, but you need to have the right temperament and some gambling money! OnMyWay, I wouldn't worry about it. If the Philippines currency shoot up vs. the US dollar, it would mean the former is getting better than the latter. What are the possibilities? Can I say nil, zip and nada? I thought of playing the currency too but I didn't set a foot there. Simply because it's like a casino where players watch the dealer sweep, and literally, their money into his till! A sure 5%-7% a year is much better than an iffy 100%. Remember your age! 1 Link to comment Share on other sites More sharing options...
i am bob Posted November 4, 2012 Posted November 4, 2012 A sure 5%-7% a year is much better than an iffy 100%. Remember your age! Exactly! Remember the first rule of investing: Go for the big money with what you can afford while you are young. As you approach retirement, move your funds into something much safer. 1 Link to comment Share on other sites More sharing options...
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