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Search took 0.00 seconds. Search: Posts Made By: daletournier
Forum: Liveaboard's Forum 22-12-2019, 11:59
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

I'm not sure how the usd weakens a great deal as everyone else is easing at the same time, it's the" best looking horse in the glue factory "and will probably stay that way.
Forum: Liveaboard's Forum 22-12-2019, 11:39
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Text book stuff, hope it works well for you, only time will tell. I think differently, and so far its served me well. But I acknowledge many will agree with you.
Forum: Liveaboard's Forum 22-12-2019, 11:36
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Hmmm, sorry seriously not understanding where your going with this. I was answering Pelagics post, where we were discussing currency manipulation, Trump came up because hes on record wanting to...
Forum: Liveaboard's Forum 22-12-2019, 06:37
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Your not a pessimist, I get over the labels of pessimist and optimist, they just get in the way. People throw the word around, and towards others that say things they dont want to hear, regardless...
Forum: Liveaboard's Forum 22-12-2019, 04:44
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

I truly do not understand how it works. Australia had its problems for sure ie household debt, but it still dosent make sense. Being the world's biggest quarry it's a commodity backed economy, I...
Forum: Liveaboard's Forum 22-12-2019, 00:51
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

And yes your dollar is very strong, I know as I have aud, its lost 40% of its value relative to the usd since I started cruising away from home, so trust me I know.
...
Forum: Liveaboard's Forum 22-12-2019, 00:46
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

I'm not sure what that has to do with what I wrote. I'm not American, Democrat or Republican therefore no dog in your political game.

Your president is publicy on record (a number of times)...
Forum: Liveaboard's Forum 21-12-2019, 23:59
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Hard assets to me are , income producing properties, fundamentally sound businesses that produce stuff that people need, gold & silver.

Cash is also good in a deflationary environment BUT I...
Forum: Liveaboard's Forum 21-12-2019, 18:09
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Dam

https://www.forbes.com/sites/johnmauldin/2017/10/10/your-pension-is-a-lie-theres-210-trillion-of-liabilities-our-government-cant-fulfill/
Forum: Liveaboard's Forum 20-12-2019, 18:47
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

I'm reading a book at the moment called the Ascent of money, basically the history of money right upto 2008.

One thing thats for sure is the financial system is massively complex, very few of us...
Forum: Liveaboard's Forum 20-12-2019, 15:40
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Sorry, I meant, most of what you said.
Forum: Liveaboard's Forum 20-12-2019, 15:39
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Although I tend to agree with all of what you said and position myself based on this thinking I'm not sure anyone can say Hyperinflation is coming, we just dont know that, we aren't in a situation...
Forum: Liveaboard's Forum 20-12-2019, 12:49
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Not like this you didnt.
Forum: Liveaboard's Forum 20-12-2019, 12:48
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

It will, the fed has/is fire hoseing liquidity, Trumps done the 1st stage of the (non)trade deal , everything's rosy, the underlining companies arent doing anything special , but hey that's...
Forum: Liveaboard's Forum 18-11-2019, 16:27
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Sucking in time and enjoying it for what it is, is a far better way of living than needing to fit the never ending more into ones life that we are so programmed to do.

I built ,owned and ran two...
Forum: Liveaboard's Forum 18-11-2019, 15:53
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Dont worry about me Thom, I keep myself busy cruising around the world.......and fear not, I will not be running triathlons etc anytime soon, that was in a previous life, I'm more of a ease into my...
Forum: Liveaboard's Forum 18-11-2019, 15:17
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Everyone's gambling....but a win is a win, enjoy the up days:)
Forum: Liveaboard's Forum 18-11-2019, 07:54
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

Lol, yep ,I also encourage them to keep going.....do it for us "bums" I say:)
Forum: Liveaboard's Forum 18-11-2019, 07:23
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

The US is part of the world, not the whole world. The global economy is very interconnected and theres many issues.

If things are so rosy why are interest rates heading south again before ever...
Forum: Liveaboard's Forum 18-11-2019, 07:15
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

I'm 51, retired at 38, feeling quite healthy, not sure a job would improve my health:).....the thought of going back to work certainly isnt good for my mental health, I can assure you.
Forum: Liveaboard's Forum 17-11-2019, 08:32
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

The reason I really enjoy these discussions is because I have a blessed life and NEVER want to go back to work and live a "normal " life, I haven't worked in 12 years, Im completely unemployable in...
Forum: Liveaboard's Forum 17-11-2019, 07:52
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

How did the lessons of the past prove not to be useful? please explain?

You open a discussion regarding finances and cruising, you point out you have actually got wealthier, your plan is working...
Forum: Liveaboard's Forum 17-11-2019, 07:13
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

I'll also add to fast and hard, TIME, the longer it goes up the harder it will fall. This economic expansion is officially the longest on record.

Time to pay attention is sage advice.
Forum: Liveaboard's Forum 17-11-2019, 06:45
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

How do you plan? If you cant look at cause and effect from a historical basis what's the strategy? Imo faith, hope and prayer isnt a strategy. One must look at the past and the current and plot the...
Forum: Liveaboard's Forum 17-11-2019, 06:26
Replies: 542
Views: 55,278
Posted By daletournier
Re: Budget Be Damned

A64, generally bear markets are of shorter duration BUT not always so. It took a long time for the markets to recover after the great depression. Not saying that's definitely going to happen but the...
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