On Bob Brinker today.

[GFB]

I only heard the 1st hour, and a few minutes of the 3rd hour..but a couple of the highlights..

Bob loves to talk about what he calls "critical mass".. that point in a person's investment life when they no longer need to work, unless they choose to..and why that dollar amount is different for everyone, based on the lifestyle they wish to lead in retirement. He did so again today.

One interesting caller simply asked why credit card rates are so high in an era when banks pay nothing in interest.

Bob explained that they are ao high because default rates are so high..as in..the odds are so great that the banks will never get their money back.

[planosteve]

Credit card interest rates are high because so many people are stupid enough to pay them.

[GFB]

Credit card interest rates are high because so many people are stupid enough to pay them.

I don't think so. My interest rate is high, too, even though I've never paid a finance charge.

[Bob Of Burleson]

October 12, 2014....Bob Brinker's Moneytalk is re-runs and spliced-together calls today.....

http://honeysbobbrinkerbeehivebuzz3.blo ... ytalk.html

[GFB]

October 12, 2014....Bob Brinker's Moneytalk is re-runs and spliced-together calls today.....

http://honeysbobbrinkerbeehivebuzz3.blo ... ytalk.html

Could be, but unlike "news of the day" shows like Rush's..learning about finance is not tied to daily events, and is still worth listening to.

[GFB]

Bob, I strongly suggest, if you wish to know about Brinker's shows..tune in.

Checking with that person, whom I have known about for 15 years or more..is like checking in with Al Sharpton to find out what was on Rush Limbaugh's show today.

[planosteve]

So, the Brinkster is not above scamming his listeners who think they are listening to a real live show. Why am I not surprised?

[GFB]

So, the Brinkster is not above scamming his listeners who think they are listening to a real live show. Why am I not surprised?

You need to listen either way.

[GFB]

In the past, he has made himself suddenly scarce when he was about to send a special bulletin to subscribers.

Or it could be that none of his regular "subs" were available. I know that feeling.

[planosteve]

In the past, he has made himself suddenly scarce when he was about to send a special bulletin to subscribers.

Or it could be that none of his regular "subs" were available. I know that feeling.

Are you a subscriber?

[GFB]

In the past, he has made himself suddenly scarce when he was about to send a special bulletin to subscribers.

Or it could be that none of his regular "subs" were available. I know that feeling.

Are you a subscriber?

If I said no..you'd say.."why..don't you want his advice?"

If I said yes..you'd expect me to post pieces of his newsletter..and want to know when he gives his "buying opportunity" announcements.

[planosteve]

In the past, he has made himself suddenly scarce when he was about to send a special bulletin to subscribers.

Or it could be that none of his regular "subs" were available. I know that feeling.

Are you a subscriber?

If I said no..you'd say.."why..don't you want his advice?"

If I said yes..you'd expect me to post pieces of his newsletter..and want to know when he gives his "buying opportunity" announcements.

I'm pretty sure that you don't. But, I don't see why you would want to deny your fellow members of TXDigest
an opportunity to reach "critical mass". By the way I've been on critical mass for the last 18 years. And I didn't need Brinkman
to hold my hand and tell me what to do.

[GFB]

If you're at "critical mass"..it's from being on a government or other pension..no one could reach critical mass on their own being as negative, conspiratorial, confused and bitter as you are.

[planosteve]

If you're at "critical mass"..it's from being on a government or other pension..no one could reach critical mass on their own being as negative, conspiratorial, confused and bitter as you are.

You forgot "and as right".

[planosteve]

If you're at "critical mass"..it's from being on a government or other pension..no one could reach critical mass on their own being as negative, conspiratorial, confused and bitter as you are.

You forgot "and as right".

Does this mean I'm no longer your favorite Kookburger? Who beat me out? I'd like to have a chance to redeem myself if possible. Just asking for a 2nd chance, that's all.

[GFB]

If you're at "critical mass"..it's from being on a government or other pension..no one could reach critical mass on their own being as negative, conspiratorial, confused and bitter as you are.

You forgot "and as right".

Does this mean I'm no longer your favorite Kookburger? Who beat me out? I'd like to have a chance to redeem myself if possible. Just asking for a 2nd chance, that's all.

Well, as far as I know..you're the only remaining kookburger.

But, kookburgers HAVE to be all of those things..to keep up the kookiness.

Not asking you to change.

[planosteve]

I think "critical mass" is BS. There was a time when you could set a retirement goal and adjust your priorities to ahieve it. But, those days are long gone. Reason is that everything temporary and subject to change at the whims of bureaucrats, grandma and her too big to fail banks. Compound interest is just a joke today. People are scammed by all of the uncertainty to buy the guaranteed package deal retirement annuity plans that seem to off security but are nothing but legalized robbery. Or take out a "reverse mortgage" like that rat fink chisler crook, Fred Thompson, is always husling. Basicly, they buy your house, rent it back to you and own it when your dead. What a deal! You can expect your children to show up on Memorial Day and piss on your grave.

[GFB]

I think "critical mass" is BS. There was a time when you could set a retirement goal and adjust your priorities to ahieve it. But, those days are long gone. Reason is that everything temporary and subject to change at the whims of bureaucrats, grandma and her too big to fail banks. Compound interest is just a joke today. People are scammed by all of the uncertainty to buy the guaranteed package deal retirement annuity plans that seem to off security but are nothing but legalized robbery. Or take out a "reverse mortgage" like that rat fink chisler crook, Fred Thompson, is always husling. Basicly, they buy your house, rent it back to you and own it when your dead. What a deal! You can expect your children to show up on Memorial Day and piss on your grave.

First you brag about having critical mass..then you say there's no such thing.

[planosteve]

I think "critical mass" is BS. There was a time when you could set a retirement goal and adjust your priorities to ahieve it. But, those days are long gone. Reason is that everything temporary and subject to change at the whims of bureaucrats, grandma and her too big to fail banks. Compound interest is just a joke today. People are scammed by all of the uncertainty to buy the guaranteed package deal retirement annuity plans that seem to off security but are nothing but legalized robbery. Or take out a "reverse mortgage" like that rat fink chisler crook, Fred Thompson, is always husling. Basicly, they buy your house, rent it back to you and own it when your dead. What a deal! You can expect your children to show up on Memorial Day and piss on your grave.

First you brag about having critical mass..then you say there's no such thing.

You don't seem to read very closely. I said "there was a time". Things have changed.

[GFB]

I think "critical mass" is BS. There was a time when you could set a retirement goal and adjust your priorities to ahieve it. But, those days are long gone. Reason is that everything temporary and subject to change at the whims of bureaucrats, grandma and her too big to fail banks. Compound interest is just a joke today. People are scammed by all of the uncertainty to buy the guaranteed package deal retirement annuity plans that seem to off security but are nothing but legalized robbery. Or take out a "reverse mortgage" like that rat fink chisler crook, Fred Thompson, is always husling. Basicly, they buy your house, rent it back to you and own it when your dead. What a deal! You can expect your children to show up on Memorial Day and piss on your grave.

First you brag about having critical mass..then you say there's no such thing.

You don't seem to read very closely. I said "there was a time". Things have changed.

Lots of people are reaching critical mass every day. They call Bob regularly to confirm they've "made it."