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Search: Posts Made By: MonarchDon
Forum: The Stock Market 08-11-2005, 01:09 PM
Replies: 38
Views: 160
Posted By MonarchDon
Re: Real Estate/Mortgage Loan/Stock Market

Would you consider obtaining a 40 year mortgage ? Many banks are starting to offer 40 year terms. And what about when they come up with 50 terms would you go for that ?

I'm not being a smartA.....
Forum: The Stock Market 08-05-2005, 12:59 AM
Replies: 5
Views: 87
Posted By MonarchDon
Re: Mortgage Intrest Tax Writeoff ?

[ QUOTE ]
If you pay $10,000 in interest, you get to write $10,000 of your income. The value of that write-off is $10,000 x your marginal rate, probably 25%, plus any state taxes you may eliminate,...
Forum: The Stock Market 08-03-2005, 12:24 PM
Replies: 5
Views: 87
Posted By MonarchDon
Mortgage Intrest Tax Writeoff ?

Can someone please explain in simple terms how the mortgage intrest tax writeoff works and how it may be beneficial to carry a mortgage and pay intrest. For some reason I am not grasping the theory...
Forum: The Stock Market 07-18-2005, 01:02 PM
Replies: 20
Views: 156
Posted By MonarchDon
Re: Buy and Hold vs Market Timing

I hear the claims about outperforming buy&hold with using market timing. But when I hear about an average return of let's say 7% over 10 years I think that is pretty good and why should I mess around...
Forum: The Stock Market 07-18-2005, 11:36 AM
Replies: 20
Views: 156
Posted By MonarchDon
Buy and Hold vs Market Timing

I am currently out of all of my positions in the stock market and am sitting in money market. I have been waiting for this market (spy, qqqq) to break out and it looks like it is getting ready to...
Forum: The Stock Market 06-23-2005, 12:19 PM
Replies: 12
Views: 70
Posted By MonarchDon
Re: Conventional investing wisdom, should i disregard

I'm not an investment Wizard but I will add my .02 (fwiw) "Get Out of Debt" When you stop paying intrest and start collecting intrest is when you will start to make money. I went ahead and paid off...
Forum: The Stock Market 06-17-2005, 03:52 PM
Replies: 40
Views: 166
Posted By MonarchDon
Re: How to be Setup for Life**** UPDATE*****

No Talent, sounds like sage advise. The house being paid off is for peace of mind with the benefit of freeing up cash each month to do what ever I want to with it. My house first and foremost is my...
Forum: The Stock Market 06-17-2005, 12:59 PM
Replies: 40
Views: 166
Posted By MonarchDon
How to be Setup for Life**** UPDATE*****

Just thought I would post an update. I paid the mortgage off, to many people that may not be the best move but for me it works. Now I own property free and clear (except for property taxes)in...
Forum: Beginners Questions 05-11-2005, 06:54 PM
Replies: 4
Views: 81
Posted By MonarchDon
Re: Tipping the dealer

Thanks, I don't want to be a cheap A$$, I know they work for minimum wage and tokes are how they make their money.
Forum: Beginners Questions 05-11-2005, 01:20 PM
Replies: 4
Views: 81
Posted By MonarchDon
Tipping the dealer

I have not played poker in a live casino setting yet, only online. I usually shoot craps or play blackjack. I am going to Vegas on Monday and think I will sit down at a poker game while there.

How...
Forum: The Stock Market 05-05-2005, 05:20 PM
Replies: 28
Views: 114
Posted By MonarchDon
Re: If you had $5000 cash to invest

Look at these spy, dia, qqq and many others. Also join this club for $12.00 per month www.investors-club.com (http://www.investors-club.com)
Forum: The Stock Market 04-28-2005, 10:46 AM
Replies: 3
Views: 80
Posted By MonarchDon
Re: Gold Eagles

I buy all my gold and silver form Kenny at www.golddealer.com (http://www.golddealer.com) I live about 60 miles from their store so I go there in person however they tell me that 90% of their...
Forum: Home Poker 04-26-2005, 05:49 PM
Replies: 27
Views: 159
Posted By MonarchDon
Re: Declaring \"Raise\" and then deciding not to raise

[ QUOTE ]
[quote}I don't recall his exact words. But I understood him to mean that he was going to call any raise that I was going to make.

[/ QUOTE ]

You're obligated anyway, but if you want...
Forum: Home Poker 04-26-2005, 05:40 PM
Replies: 27
Views: 159
Posted By MonarchDon
Re: Declaring \"Raise\" and then deciding not to raise

[ QUOTE ]
[ QUOTE ]
the player to my left was already talking about calling my raise (

[/ QUOTE ]


What did he say exactly?

[/ QUOTE ]
Forum: Home Poker 04-26-2005, 05:20 PM
Replies: 27
Views: 159
Posted By MonarchDon
Declaring \"Raise\" and then deciding not to raise

I did this in a home game this weekend. It was my turn to bet and I declared "Raise". I put my call bet in front of me and as I was reaching for another stack to raise, the player to my left was...
Forum: The Stock Market 04-25-2005, 06:11 PM
Replies: 40
Views: 166
Posted By MonarchDon
Re: How to be Setup for Life ?

So, if it gives you psychic benefits, you are probably justified in paying off the mortgages. I paid off my mortgage when I was forty and have never regretted it. With no mortgage payments, you...
Forum: The Stock Market 04-25-2005, 11:31 AM
Replies: 40
Views: 166
Posted By MonarchDon
How to be Setup for Life ?

Hope this is the correct forum to post this question.

I'm in my early 40's and have investments in the stock market (trading account, sep ira, roth ira, etc) but I have not made much money with...
Forum: Internet Gambling 09-06-2004, 05:50 PM
Replies: 2
Views: 17
Posted By MonarchDon
Funding Online Account

I have been playing the play money games at Party Poker and would like to start with real money now. What is the best way to fund my account.
Forum: Home Poker 09-05-2004, 05:18 PM
Replies: 6
Views: 84
Posted By MonarchDon
Re: do you own chips from the Poker Chip Company?

I have 1,000 of the #1006 chips. I really like them and so do most of my friends, I have only had 1 negative comment from someone and he said the chips were smaller than "real casino chips" I...
Forum: Poker Theory 07-30-2004, 12:59 PM
Replies: 7
Views: 91
Posted By MonarchDon
Re: Poker Terms

CC, I looked up the word NUTS, now what? lol
Forum: Home Poker 07-30-2004, 12:49 PM
Replies: 13
Views: 113
Posted By MonarchDon
Re: Joker in a Home Game

G, I think I should change my wording in regards to the Joker. Why did you guys stop playing with the Joker? I may consider that also.
Forum: Home Poker 07-30-2004, 11:13 AM
Replies: 13
Views: 113
Posted By MonarchDon
Re: Joker in a Home Game

I don't like "Wild Card" Games, however in a friendly home game I think the Joker can be used to help make things interesting, like helping to fill out a flush or straight, but as far as it being a...
Forum: Home Poker 07-29-2004, 07:44 PM
Replies: 13
Views: 113
Posted By MonarchDon
Joker in a Home Game

What is the gerneal rule concerning the Joker in a Home Game ? I am putting together my House Rules and I have it written as follows: "....a Joker will be used to help A's, Straights and Flushes...
Forum: Home Poker 07-29-2004, 05:03 PM
Replies: 18
Views: 134
Posted By MonarchDon
Re: High quality clays

I picked up 500 casino style #1006 chips from this company www.thepokerchipcompany.com (http://www.thepokerchipcompany.com) yesterday, Their shop is near where I work. I thought the owner was a real...
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