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Re: Run4It post# 71902

Thursday, 04/11/2013 9:04:14 AM

Thursday, April 11, 2013 9:04:14 AM

Post# of 83010
I'm not saying I will make that much this year. I'm saying that whatever I make is through my hard work and shouldn't be used to pay for every special program that Congress wants to throw money at. We are a military household so the starting capital wasn't that much to start with but it's getting better. I've been unemployed technically for 3 years and that is why i started trading full time. All of our income comes via the federal gov't between my husband's pay and my military disability. Fortunately, we can pay our bills on what comes in so I can keep rolling my trading money over and leave it alone. I have lost plenty so far this year because I have a much more negative bias on the state of our economy and our future while the market has lost control over the Fed's buying.
We spend 85 billion a month to the Fed's balance sheet. What is the amount of sequestration? Oh only 85 billion for this year. And that is supposed to bring down the economy because the govt isn't spending? Sooner or later it is going to catch up to them and I think things are going to get pretty ugly when it does. The only thing I can do in my opinion is to keep adding to my account and hope that when the bottom falls out that I have enough to weather the storm that is brewing. At some point I think inflation is going to raise dramatically and it will be interesting to see what the masses do when they can't afford some of the things that they take for granted. My goal this year is to have all of our credit cards, etc. paid off.

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