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Campbell, CA
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In United States
Registered Nov 27, 2011

Iron Ranger's most recent comments:

• On 13 Dec 2011 in Where to safely invest $3.5M?, Iron Ranger said:

  kochevnik says
  

  You must have gone to Cherry or Cook or one of the other St. Louis county schools - I also grew up in the same area (Embarrass), same time frame, same lower 99%. I can go thru the same stories, heated our house with wood - but all those cords the first year by hand with a crosscut saw & a bow saw - and I was 12. -60 below one winter in the early 70's with 40 mph winds - we dressed up and went outside just to see what it was like LOL. 59 in my high school class and I was a National Merit Scholar. Tough place, tough people - almost no one can relate.

  You got it! rural St. Louis County school district. Uff-da! Nothing like splitting poplar after hauling it out of the swamp in -20F weather. Easy splitting when frozen. The best motivation to get to California. Have you ever been to Mesaba Lake Park? Commie country there. I had friends in Babbit. Embarass takes the all time cold temperature record though.

  kochevnik says
  

  I read your missive and I would be more than a little concerned that you seem to be completely ignoring (or unaware) of the current macroecon situation.

  I am more than aware. I read John Mauldin -- The End Game. The next great depression is a real possibility. The Eurozone might bring us all down. Good advice fellow Ranger!

• On 12 Dec 2011 in Where to safely invest $3.5M?, Iron Ranger said:

  Pure Luck says
  

  You sound like yuppie scum, so invest your money with a nice wall street mutual fund or buy real estate cause it never goes down in value.

  Dude, I grew up poor in northern MN and went to a small country school. 42 in my HS graduating class. We heated our house with wood in the winter. The farmstead was originally built over 100 years ago and the wall studs were pine tree poles from the swamp still with the bark on them. The floor joists were raw tree trunks as well. My dad spent $2000 in 1979 to buy me a TRS-80 computer. That was over 10% of his yearly income. My mom freaked out, but my dad believed in me. He experienced the depression. Before I was born, he went big into turkey farms and lost his whole investment in a fire. However, he was an optimist. Any disaster can turn into a bonanza.

  I started out at the bottom of the 99% and worked hard and was blessed for it.

  The first thing I'm going to do with the money is donate 10% to non-profits.

  It's people like you who are killing this country.

• On 11 Dec 2011 in Where to safely invest $3.5M?, Iron Ranger said:

  sales says
  

  3.5 after federal taxes- that only leaves you 1.8
  not even enough to last if you wanted to retire

  Hi, my total gross is $4.9M. I'm estimating $3.5M after state and federal taxes. It's definitely long term capital gains.

  Kevin says
  

  If you have $3.5m, why would you stay in the bay area? The only reason to go there is to get rich. It's a shit hole as far as actually living goes.

  We like it here, just moved here 9 months ago. Found a great private school, church, etc. More engineers per capita than other places, so I feel at home.

  I'm going to stay at Apple since I have a ton of RSUs to vest over the next few years and they threw me a ton again after only being there 6 months. What's cool is I can take more risks at work now with a nice nest egg.

  I'm going to check out Vanguard...

  Thanks all for the comments and advice. Of course, I'm filtering out all the strange advice.