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2023-2024 NC/LC THREAD 2023-2024 NC/LC THREAD

Today , 10:18 AM
Quote:
Originally Posted by Montrealcorp
Gold is a great diversifier
Sp500 since 1995 around 5x
Gold since 1995 around 6X

I guess those that don’t appreciate gold are mostly Americans because they have actually no idea the effect of a currency devaluation can do in real time …
that 2022-23 inflation is nothing on what a devaluation can be and many are still crying today on how inflation is bad in the US lol.

Ps: you doing fine crazylond, no worry .
Doing 5-6X with one of the lowest volatile assets there is in the last 25-30 years is a blessing to me imo.

Month
June
Starting Year
1995
Ending Month
May
Ending Year
2024

Total S&P 500 Return: 868.329%
Annualized S&P 500 Return: 8.168%
Total S&P 500 Return (Dividends Reinvested): 1528.049%
Annualized S&P 500 Return (Dividends Reinvested): 10.129%


A 1528% return is 16.28x.
2023-2024 NC/LC THREAD Quote
Today , 02:28 PM
Quote:
Originally Posted by JohnnyHumongous
Month
June
Starting Year
1995
Ending Month
May
Ending Year
2024

Total S&P 500 Return: 868.329%
Annualized S&P 500 Return: 8.168%
Total S&P 500 Return (Dividends Reinvested): 1528.049%
Annualized S&P 500 Return (Dividends Reinvested): 10.129%


A 1528% return is 16.28x.
Yes sure , go all in on stocks , never sell (very hard to do when big crash or bubble occur btw) , and uses all the dividend included to buy more if u think it’s great .
THe pont is calling gold a bad investment when they closely following the stock market ex dividend is nonsense .
Gold is following around the same ratio as housing prices where houses bring no dividends either .
Doubt anyone here would call a house a bad investment because it doesn’t provide any cash flow ….
2023-2024 NC/LC THREAD Quote
Today , 04:07 PM
Quote:
Originally Posted by CrazyLond
Centralized enforcement of property rights seems necessary to me because in the absence of such, I expect warlords to battle until the strongest wins. It seems inevitable to me that the biggest dog in the fight will inevitably come to control the land, so what I propose is for the biggest dog to only enforce the things I suggested.

I support gun ownership with the exception of nuclear weapons and believe that this, combined with the security force, can maintain a peaceful society. The security force is for the benefit of those without the resources to defend themselves but no one would be forced to use it if they favor a competing security company or charity, or their own arsenal.

By having it be a charity instead of a government funded by taxes, donors can withdraw their donations if it becomes corrupt or starts trying to enforce things beyond those minimum measures.
None of this explains how a charity could prevent crimes.

You specifically mention sexual abuse of children. You seem to be saying that pedophiles wouldn't need to be imprisoned because a charity could prevent them from offending. How would they do that?
2023-2024 NC/LC THREAD Quote
Today , 05:22 PM
Prisons are violent, therefore the only crime should be execution?

There are other options to make prisons less violent than complete abolition. Look at the scandinavian model. It doesn’t even have to be as unrestrictive as that.
2023-2024 NC/LC THREAD Quote
Today , 06:28 PM
Quote:
Originally Posted by chillrob
None of this explains how a charity could prevent crimes.

You specifically mention sexual abuse of children. You seem to be saying that pedophiles wouldn't need to be imprisoned because a charity could prevent them from offending. How would they do that?
If someone is keeping slaves or trespassing, they send in whatever force is necessary to free the slaves or expel the trespassers.
2023-2024 NC/LC THREAD Quote
Today , 06:34 PM
Quote:
Originally Posted by checkraisdraw
Prisons are violent, therefore the only crime should be execution?

There are other options to make prisons less violent than complete abolition. Look at the scandinavian model. It doesn’t even have to be as unrestrictive as that.
There are several ways to punish people who behave in unwanted ways. Some may be inclined to kill people. Others may be inclined to harm their bodies. Others may be inclined to boycott or strike.

I expect boycotts and strikes will be the primary mechanism by which good behavior comes to be enforced in a free society because when people use violence, they invite the wrath of those who care about their victims, and with the threat of free market justice, people will want to avoid violent feuds.

When political power is up for grabs, wealth is rewarded largely for gaining control of that power or otherwise being a beneficiary of it. In a free market, wealth will be rewarded for producing something that is in demand at a higher quality or lower cost than anyone else. As the wealth of society increases, consumers can better position themselves to participate in boycotts so over time, I expect the moral standards of society to increase.
2023-2024 NC/LC THREAD Quote

      
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