Jump to content

ChompChomp

Members
  • Posts

    22
  • Joined

  • Last visited

  • Days Won

    1

Everything posted by ChompChomp

  1. China is already considered a red power.
  2. Understand that the concept is scalable. For example, it is impractical for most to purchase an apartment complex to generate income. However a individual with a smaller income could purchase small vending machine as an income producing asset and put it at a local restaurant entrance. It is impractical for most to purchase hundreds of acers of farm land as collateralizing asset, but an individual with little income could accumulate silver coins that he could leverage at a local pawn shop if short term capital is needed. The concept is scalable. I personally have a business that I have purchased equipment for as I could over time. This equipment is used for machining and manufacturing. This equipment will only increases in value over time. The steel in it alone will become more valuable over time. I use these assets to generate income. The bank will always loan 80% of its value and so I always have the ability to expand it with capital if I need. I also depreciate the equipment on my taxes so they help me there too. People that are self employed have a high net worth than those that who only work a job. Not because they make more because of the value of the assets of the self employed. Again, if a person will save and buy assets they way I have mentioned with a little time will find they will have the ability to tackle larger business ventures and will be financially secure. I personally also buy collector and museum grade gem stones, gold, and silver bullion and I am currently flipping two houses. I have my fab and machine shop too. I am also opening a large Maker Space in my local town. As far as I am concerning stocks are for trading. That said, I only buy and sell them. I don't buy and hold stocks. Especially now, the markets are all way overvalued and are a death wish. When the central banks start to raise interest rate to slow inflation the mother of all market meltdowns will occur. Understand, when this happens, the bond market and stock markets will melt down and all of that wealth will be transferred to tangible assets. That is why I only hold tangible now and not digital or paper assets.
  3. Wise words. I think if your have a true Sigma Male mind you will be deeply focus what your idea of freedom is. I buy a lot of gold and silver too. The first ounce of gold I bought was about $600. You cant go wrong with it as a long term store of value.
  4. All you travelers out there will appreciate this. If you don't listen to Doug Casey you should. He is the real international man of mystery.
  5. More food for thought. Consider the scenario. You have a 401k from your employer. Most 401k providers will allow the 401k investor to get a loan at 50% of the 401k principle. Assume a theoretical balance of a 100k in your 401k. A loan against the 401k would be 50k. Open a brokerage account and deposit the 50k into the account and buy the same investments you have in your 401k. Now add a margin account to your brokerage account and take out 80% in margin and buy the same investments. Margins are typically at 80% of the account value. This is 40k. Now you have 80k in equity in your brokerage account with same investments as your 401k. The value of your retirement account hasn't changed but assuming you have bought the same investments in your brokerage account, the yields from your investments has increased 80%. Again, not investment advice but theoretical scenario to contemplate.
  6. Contrary to popular belief rich people hold the majority of their wealth in assets. Rich people don’t try to hoard cash in a bank account. One reason is its impracticable to do that if you have a lot of wealth. The majority of rich peoples wealth is held in assets. Consider this scenario. You have an asset you can collateralize on. You take a loan out on that asset. Now you take that cash and place it into your brokerage account. You buy shares of a stock with that cash. You also have a margin account in your brokerage account. If you have a margin account, a brokerage account will let you take out a loan on certain type of equities in your brokerage account. Now take a second loan against the shares you bought with the first loan and by more shares. Two very important things happened here. The first thing to notice is that I can actively trade in the stock market but I am not using any of my money to do it. All gains are mine. Also, the original asset is still mine and all of the shares I bought are also mine too. Quality assets will fund your life style and grow your wealth and do it all with other peoples money. The second thing is that I took my asset and double leveraged or I was able to utilize twice its value to trade with. There are ways to leverage higher too. Is there risk and liability? Yes. Its all in how you manage risk. I am not advising anybody to do this. You will get trouble fast unless you really know how to do this. Don't underestimate the power of high quality assets. This my friend is real Sigma Male knowledge. More to come. Set tight.
  7. First things is first. Unless you are born rich you need to accumulate wealth over time. That being said, learn to save no less than 20% of your income no matter what. Learn to purchase assets with it that you can either collateralise with, generate income on, or will increase in value over time. If you do this you will be your own bank. If you have collateral you can always get capital when you need it. Be wary of counter party risk. If you hold things that other people have a liability on, you stand to loose them in a bad situation. Ill add more later but I need to bow out for a few.
  8. I agree with the strategy but there is a difference between women and jobs. You are looking for a job and probably the best job. The same strategy would apply to women if you are looking for a women and the best women. Again, after looking through the thread the goal is not to attract a woman but to get in bed with as many women as possible.
  9. Yes. All am really trying to say is don't act like an alpha male. Sigma's have a certain nature about them that will draw women to you and they are much more reserved. They normally are not out going up and down the streets try to snatch all the girls they can. It seems to me that the message given here is to do that.
  10. Lets talk about wealth and money. I am interested in others perspective on how they maintain their independence and self sufficiency by maintaining and storing their wealth in an untraceable format outside the system. Also, how do you grow your wealth and manage it? Do you have a percentage of your wealth outside the system? How do they protect their wealth from currency devaluation. Do others here know the difference between money and currency and how to short currencies? Do others here make their living trading currency, stocks, or commodities. Do others here know how to options trade? Do others here buy tangible assets (gold, silver, gems, rolex, wine, art, etc.) to maintain wealth preservation over time? What kind of assets do you buy? How will money behave in the future due to the rise of crypto. Can crypto be used as a means of transaction? Please chime in on any of the above. I do or can do most of these things already. I'm looking for any ideas that are not in my current wheelhouse.
  11. Sorry for being gone so long today but I have been busy. The fact is if you adhere to the true personality traits of Sigma Male you will not chase women around like a bunch of alpha males beating their chest. A true Sigma Male prizes this power and utilizes it. It is one of the things that women find most attractive, curious, appealing, etc. Don't do this because people will reach a point where Sigma's are perceived to act like alphas. The truth is if it quacks like a duck, waddles like a duck, and has feathers, its a duck.
  12. To approach a woman because you are interested in her and chase a women because you are needy for sex are two different things.
  13. It just that some of us have lived that life.
  14. I did say more but the root of the matter is in finding the answer to that question. Yes it's my position. It does. Specifically if it is strictly for sex.
  15. I'm trying to prove the point that women do not find it attractive for a man to chase her and him to appear desperate and needy.
  16. Hmmmm. I still hold my position. All this seems to be your perspective as with the test, you seem so confident in. What qualifies you to make that test and why should it be considered so valid? The fact is, it is just my word against yours. What we need is an unbiased view from a collection of girls. If I pick the source then it has the potential to become biased in my favor and if you pick then it could be biased in your favor. Data doesn't lie. I'm stewing on how to do this. I will get back with you. Any ideas?
  17. I’ll just say it! I will probably get smacked because of this but hey why not push the boundaries of what's Ok a little bit. Its my nature. I’ve spent some looking through these threads and frankly most of them sound like a bunch of high school boys who have never done nothing but looked a porn magazines running around chasing girls. A real sigma man does not chase girls, appears needy, or sounds desperate. Women chase sigma men, sigma men don’t chase women. To start with, if you want to turn a women off then appear needy. When you appear desperate or needy to a woman her mommy switch will shut on immediately and instead of saying please slam me on the bed she wants to take care for you and pet you. Of course that also depends on her age range. Good grief, haven't any of you people watched Rollo Tomassi https://youtu.be/tOlxSBPkvz0 This forum sounds like another bunch of desperate guys try to get a quick hookup. I really would like to see this forum be high quality. I personally don’t need another woman in my life but for every one else here, I really would like to see tons of girls circling this forum like a bunch of sharks looking for real sigma guys. Maybe this forum can be used as a way to connect.
  18. And are probably virgins. Uhhhhg!! We've got a lot of work to do.
  19. One reason is we are at the end of a 92 year credit cycle. https://www.fourthturning.com/ The other is all of the money pumped in to the economy will cause massive monetary inflation, plus the cost push inflation, plus the labor push inflation will cause some serious hard inflation. The US interbank lending rate is at 0 and has been for a long time. To stop the inflation they need to raise it but there is too much debt in the system. If they try to raise it the entire system will freeze. The central bank said they would not raise rates until 2023. This is the two years but I very seriously think it will make it until then. The boom will occur when they "try" to raise rates. Supply chain disruptions and shortages are a classic characteristic of a hyperinflationary event. It's not just the US it's global too. Globalism is collapsing and so is centralized money. Hence the rise of crypto. Brexit is happening because of globalisim collapsing. More countries will exit the EU. Investments specifically; tangible assets such as commodities, crypto, gold, silver, collectibles, wine, art, etc. and be short the dollar.
  20. What type of Sigma are you. Are you more of Tony Stark, Bruce Wayne type or more of a Jack Burton type? Me, I identify with Tony Stark or Bruce Wayne.
  21. One thing about the oil, it takes about 3 or 4 days for your stomach to adjust. It would not be wise to be on the road during that time.
  22. Who am I? I am complicated but I am very happy with whom I am. How long have I been this way? My whole life and I am 46. I grew up hearing things like “he is so smart but only when he wants to be” I can remember being very popular in high school, however, I had only two friends that I would allow into my personal circle. The reason I was so popular was because I didn’t have to be. I had the ability to merge into any group when I needed and befriend any body but only when I chose to or had a need. Any group, jocks, nerds, country western, etc. This is why I am so hesitant to believe you can learn to be this way. I can remember working at a metal fabrication shop after high school and I was a welder. It was freezing cold and molten metal going down my shoes burning my feet and my head and that day I just looked up, took my welding hood off and sat it on the table and started towards the door. My boss looked at me and asked me where I was going and I looked at him and I said “college” and that is what I did. I graduated from college with a B.S. in physics and went to work in the nuclear industry. Within the last year I have turned down a Director Position in a company that is the Microsoft of the nuclear industry. In my current position I am a Project Manager IV. Yes I hate it. Yes I have banged heads with my boss often. He is an alpha that hates me because when he done my performance review he seen how much I made. I make more than the VP’s. I even make more that the people in congress but hey I cant help it. Within the last two weeks I have been fussed at by HR for not filling out my telework log and yes I think doing so is stupid. I also have a side business that contributes to my income. States I have worked or lived in, Connecticut, Pennsylvania, South Carolina, Tennessee, and Hawaii. I hear things like “you are a man of few words” or “when he speaks you should listen because he know what is talking about” very often. My drive for self sufficiency is insatiable. I have food stacked to my ceiling in my basement, large garden are, fully functional machine shop, wood working shop, fab equipment etc.. Yes I have an uncanny ability to make future predictions. Here is one. The majority of currencies in the world are going to collapse. The United States is in a Crack up Boom https://www.investopedia.com/terms/c/crackup-boom.asp and its currency will collapse within two years. Think I’m wrong. Watch. Am I position to capitalize of of it? Yes. Will it be pure chaos? Yes. Sigmas thrive in chaos and everybody else will buckle. Opportunities to snatch assets on the cheap will manifest. As they say in the nuclear industry "When there is chaos there is money.". I am married and have five children. She understands me and gives me space and know when I need it. She is awesome! Do I have a religion? Yes. I consider myself a Primitive Christian. Tips and suggestions to leverage your greatest tool. You need sleep. Your brain uses massive amounts of energy and so sleep is paramount. Utilize silence. Build your world so you can retreat when needed. This very important. I personally put avocado oil, walnut oil, and MCT oil in my coffee daily. Your brain needs a lot of fats and oils to function well. It will help you focus, and improve your memory. It will take about two weeks of use. I use a teaspoon daily of all three combined one to one and not to one tablespoon of each. The list goes on and on but I will save some of it for other threads. https://youtu.be/8T0cRt8efsQ
×
×
  • Create New...