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seemeugly

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Posts posted by seemeugly

  1. you have to dig postholes at each corner of the deck, and buy piers according to the span of the deck. postholes should be about 1ft dia, 3ft deep. mix concrete and set 4" nominal brackets, or if you prefer, set the posts directly. put piers where necessary. cut 4x4 pressure treated to length and put that shit in the brackets. remember that if you want to use these for the rails, too, you'll need to cut them sufficiently long. cut and bolt 2x6 pressure treated ledger around the outside of your posts. miter corners for best look. on the interior of the frame, hang 2x6 pressure treated beams every 18" on galvanized hangers. deck the top with standard pine 2x4. use galvanized deck screws. put on stain and urethane. done.

  2. GM is cheap, but it's a terrible business. There is no way to make an attractive case for it at any price. Looking briefly at its past five years of statements and balance sheets, I don't understand why you'd ever want to own GM.

  3. To contribute: I agree with you that nobody knows where the market is going, however I'm less pessimistic about where we'll find the bottom. The bottom is really not the point, though. I think that the number of fairly priced good businesses is vastly increased at the present time, and for people who worry about pricing rather than market timing, I think it's a good opportunity. I think that ten years or so down the road even recovery from present levels should be good.

    And you're the fool who's down 30% on gold. If you're talking about GLD or spot, you'd have had to buy near the all time high to get those kind of results. Obviously your ability to time the market is as limited as the rest of ours. It's exactly the kind of activity I'd have surmised you'd engage in based on your view that buying on the way down is throwing money away. Buying on the way UP is throwing money away. You're buying something you like, and you're paying more and more for it, rather than less and less for it. Your margin of safety is decreasing.

  4. Are you serious? Buying the S&P at this point is a disastrous idea. The trend is still solidly downward, and unless you'd like to throw away 5% weekly, you should shut up right about now.

    Oh, and fuck you. I'm looking at my gold shares right now with a -30% change. Fuck this advice.

    I'm not sure why I should wait until the index starts to get more expensive to buy it. I'd rather buy it on the way down and be as invested as I can be on the best trading days than wait till the turnaround sucks all the easy upside out of it. Unless you have a failsafe system for getting in before the upswing, and if you do you should be busy making a billion dollars implementing it, it's better to buy things you will believe will recover while they're getting cheaper, not after they start to get more expensive.

    Also, the major point I was trying to get across was that the average individual investor does not have the time or the inclination to research individual issues in such a way as to really be an informed purchaser. Individuals are almost always better off buying a broad index.

    No need to be such a dick about it.

    You're right about gold being useless, though. Gold is a goofy commodity to begin with, and it's still way to expensive.

  5. Individuals should stay away from single issues for the most part. Buy the Vanguard S&P 500 index. Ridiculously low expenses, and you won't have to go through the past 5 years of financials for hundreds of companies until you find something attractive.

  6. if you live in a place with real winters, uggs aren't worth the money in my experience.

    but sorel boots and the like are. if she has to be trendy and not give a crap about utility--maybe get those hunter rubber boots...

    Hunter boots are actually pretty utilitarian. I had a pair when I was a kid and loved them.

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