Investing 102

[Flash68]

Originally Posted by GregWeld

Well.... we're really just blabbing... no different than hanging out at the track or in the "shed"... but to me - it's all good discussion. And frankly - people don't have enough of these kinds of discussions.

Absolutely. A detour from car-related BS is a good thing sometimes.

[Bucketlist2012]

Originally Posted by Flash68

Absolutely. A detour from car-related BS is a good thing sometimes.

Also some guys may be reading and not posting, and they will learn things that are very important in Life..

It is called taking control of your life and your surroundings. I know I do, and I know you guys do..

But for those that don't , there is more to investing than just buying something.

It is a mind set..

Speaking of Cars...Now that I have the car built, I may want to freshen up my LT-1... No LS since it is a number's matching Car, but it is almost time for some wicked power...

I have 20K miles on it now, and in Dog years, that is 140K miles...It has been run hard...

[WSSix]

Pull the LT-1 out and build another motor so as not to damage the original motor. Or, put an LT1 in there and build it

More people need to discuss money. We would all be better off. Unfortunately, not only are we a materialistic society but we are also American. We wanted all yesterday. If we all do our part to help and control ourselves, maybe others will take notice as well and start following the lead we've set. I've given up on trying to outright convince people. All I can do is set the example and go from there. At least that's my attitude anyway.

[GregWeld]

Originally Posted by WSSix

Pull the LT-1 out and build another motor so as not to damage the original motor. Or, put an LT1 in there and build it

More people need to discuss money. We would all be better off. Unfortunately, not only are we a materialistic society but we are also American. We wanted all yesterday. If we all do our part to help and control ourselves, maybe others will take notice as well and start following the lead we've set. I've given up on trying to outright convince people. All I can do is set the example and go from there. At least that's my attitude anyway.

I don't know who said "money can't buy you happiness".... but they must have been broke because they sure as hell didn't know what they were talking about!

[out2kayak]

I just read about many Europeans shuffling out of the Euro and into properties in London (and the GBP).

So, if (and that's a big "if") Greece leaves the Euro and goes back to the Drachma, the currency is devalued (to meet the current government needs) and / or crashes, will you try to take advantage of the situation? What will you do?

I suspect there will be a fair amount of chaos when this happens.

Personally, I hope and pray for the very best for the present southern Euro-zone. It is a very difficult time, with 22% unemployment in Greece and 24.4% in Spain.

http://rt.com/business/news/greek-dr...rg-trades-769/

Thoughts?

[Vegas69]

I agree with the attitude comments 100% but it's not that easy. I always tell Kelli, when I feel good, attitude isn't a problem. Nothing puts a big hitch in my giddy up. I'm one of those guys that never gets a really good nights sleep for multiple reasons. I offset that with eating better and excercising. There are days when I'm junk. Tired as hell and absolutely no motivation. I know my boy Dave can relate with his health problems. The older I get, the more crucial diet and exercise have become. We all know people that live like complete slobs and seem to have endles energy. That's not me. Without health, the rest doesn't matter.

[Track Junky]

Originally Posted by Vegas69

I agree with the attitude comments 100% but it's not that easy. I always tell Kelli, when I feel good, attitude isn't a problem. Nothing puts a big hitch in my giddy up. I'm one of those guys that never gets a really good nights sleep for multiple reasons. I offset that with eating better and excercising. There are days when I'm junk. Tired as hell and absolutely no motivation. I know my boy Dave can relate with his health problems. The older I get, the more crucial diet and exercise have become. We all know people that live like complete slobs and seem to have endles energy. That's not me. Without health, the rest doesn't matter.

I can relate......diet and excercise are extremely important as we get older and a good nights sleep probably tops the list. If I practiced as much as I preached I'd probably look like Shwarzenager.
Might be time for a Lat-G diet and excercise thread/sticky.....discussions on healthy meals and work out programs.......might help motivate?

[Bucketlist2012]

Originally Posted by Vegas69

I agree with the attitude comments 100% but it's not that easy. I always tell Kelli, when I feel good, attitude isn't a problem. Nothing puts a big hitch in my giddy up. I'm one of those guys that never gets a really good nights sleep for multiple reasons. I offset that with eating better and excercising. There are days when I'm junk. Tired as hell and absolutely no motivation. I know my boy Dave can relate with his health problems. The older I get, the more crucial diet and exercise have become. We all know people that live like complete slobs and seem to have endles energy. That's not me. Without health, the rest doesn't matter.

Man did you say a mouthful of truth.. I was a man who was conquering the earth until 2 years ago when I had my Major Heart Infection that turned into a major brain lesion/seizure.. It has been a long road back.

Your words of Sleep Problems and your use of the word "junk", are the exact words I use to describe myself some days. In fact I was just thinking about my Diet 10 minutes ago when I got back outta bed. I would have sworn that I had written your post. WOW..

I still have the great attitude that I speak of, but I get EXACTLY what you are saying... The reason you have not seen me at an event to spank my car and send me home, is because of my feelings of "junk".. I am a newbie/old guy, and I know i would not win an event, but I don't come because I cannot plan to drive and hang out and then race, and then drive home..It is just too dangerous and not good for my health...

I have and am having more sleep tests, and I haven't worked in 2 years. Thank God that I have my investments. I planned to work until I was 57 or so, but it had to happen at 50..

Man, your post hit Home hard Todd... I hope you and I and others get through the exhaustion..

I am working on my Diet and the exercise is something I need to get back too soon. But being exhausted and trying to exercise may cause another seizure, so I gotta be careful.

Mike

[CRCRFT78]

Health is definately key. I stopped drinking 3 years ago just to stop, I didn't have a problem drinking or any health concerns, I just woke up one day and had enough. Now I watch my diet and feel good. Of course, like most, my sleep usually consists of 4 or 5 hours which isn't healthy IMO. Once I take care of the sleeping issues and my investments continue upward, the wealth shall follow.

[srh3trinity]

This thread is full of great info. I am sure I have missed some things here and there, but I am curious if anybody is familiar with or participates in Infinite Banking. It is a concept I am looking into as a piece of my investment strategy. Interested to see if anybody has any experience or thoughts.